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How does experience come?

Antonio_K
Feb 26 2021 at 12:10
27 posts
Experience only comes when you practice. That too not on and off but constant practice is what's going to help you know your mistakes work on them and get better at it. So practice if you wanna do better.
oshaban (oshaban)
Mar 03 2021 at 10:22
190 posts
Good question ...
Sorry to write directly without reading all the pages. My answer could be already written here ...

My personal history for gaining experience is like this ...
'Never ask a question about forex before you did big search to find the answer'.
This means, you will work harder, learn more things while searching for answers.
In case, you can't find the answer you are looking for, you may ask for it.
The reason for doing this is to gain more knowledge and also to make the answer stick in your memory because you spent more time to get it.
Easy come is easy to go.

If you follow this rule, sure, by time you will have more experience by time.
... oshaban ... skype: oshaban27 ...
illscarce874
Mar 10 2021 at 10:39
24 posts
Antonio_K posted:
Experience only comes when you practice. That too not on and off but constant practice is what's going to help you know your mistakes work on them and get better at it. So practice if you wanna do better.
I completely agree with you on this one. Can’t go too far without proper knowledge and practice in forex.
Ericdier752
Mar 11 2021 at 04:50
59 posts
Since I’m kind of new here, I can vouch for this. I have been practising for a long time now and I can’t wait to open my first live account. This is quite exciting for me and I hope all the practice I did pays off somehow. Wish me luck.
jonathandaniel
Sep 28 2021 at 09:13
53 posts
As a beginner, the best way to get some experience of trading is by opening a demo account. Once you have learnt how to use trading platforms and have a clear picture of what your broker offers, you can go live but use a small amount, because you are yet to discover how the live forex market looks. This is the best way to build your experience in the forex market and learn step by step.
UweMoench
Oct 03 2021 at 12:53
751 posts
Experience comes with knowledge and experiments. It doesn't come just for trading a long time. Many people are trading for years but not successful yet
Akasuki
Oct 04 2021 at 09:52
569 posts
Experience comes with time and knowledge. And the way you apply your knowledge. Many people have knowledge but can't apply it properly.
skihav
Oct 04 2021 at 10:46
801 posts
For me, a great source of experience was the demo account of the broker Amarkets. As for me, it is in such conditions that a trader can actually gain knowledge.
SteveHanks
Oct 06 2021 at 18:07
536 posts
oshaban posted:
Good question ...
Sorry to write directly without reading all the pages. My answer could be already written here ...

My personal history for gaining experience is like this ...
'Never ask a question about forex before you did big search to find the answer'.
This means, you will work harder, learn more things while searching for answers.
In case, you can't find the answer you are looking for, you may ask for it.
The reason for doing this is to gain more knowledge and also to make the answer stick in your memory because you spent more time to get it.
Easy come is easy to go.

If you follow this rule, sure, by time you will have more experience by time.
Yes. You are right.
Grole
Oct 18 2021 at 16:12
30 posts
I guess there is nothing difficult to understand. You just enter trading activity with no experience at all. After you will make couple of deals you start to analyze your deals in orde to understand what was going on and why the price possibly was fallen or vice versa was grown. By these steps you try to understand the graphics and find the mistakes in your trading strategy or trading strategies. You gradually get acquainted with the mechanics of price, like demand and supply and other things. Actually, when you're a trader you won't even notice how you will gain enough experience and the great indicator of that is that you start get less losses.
skihav
Oct 18 2021 at 16:35
801 posts
To get experience at the initial stages, I used a demo account of the Amarkets broker. I liked this option because I don't have to spend my money.
Dvincinvestor
Oct 18 2021 at 19:02
1 posts
'La experiencia no es haber hecho muchas veces lo mismo, sino que se hace con ella'
Seb King (sebking1986)
Oct 19 2021 at 10:09
510 posts
Experience comes from practice and time in the markets where you will spot certain things is you are observant. You can do that on demo if you don't want to risk money. But inaction provides you with nothing. So too will learning but not practicing. Winning or losing trades all come with their lessons and this is where your experience is built from.
If you can't spot the liquidity then you are the liquidity.
AliaDare
Oct 20 2021 at 01:02
788 posts
When doing any analysis, you have to find the reason for that. Experience must be constantly developed through online research. And if you do not have a lack of practice.
karenpeters
Nov 08 2021 at 06:35
46 posts
To gain experience of trading, demo trading is the best place to start. Once you have obtained an idea of the trading platform and the market, you can open your live account, but keep your investments and risks low.
StoryTeller
Nov 09 2021 at 18:17
1 posts
In my opinion if you want more experience, you need too much practice and mistakes. They will teach you everything what you need! Just try and that's all, there is no secret ingredient :)
If you want to change your life, you need to start from yourself!
Dorofeev
Nov 10 2021 at 08:10
20 posts
It's gained only due to practicing and there are no other things which can bring experience. Atually, it realtes not only to trading activity, it basically relates to any other kinds of activities, because practie is something that teachs your brain what to do in particular situations. I believe that the more trades you make, the more mistakes you have, the more experience you get. You can get a year experience just in couple of months, just because you made plenty of mistakes or you made lots of successful trades. Remember that only successful trades teaches you ad bring you real experience, mistakes are just bad experience, which also play its role in trading activity.
Tuxedo888
Nov 13 2021 at 20:51
68 posts
Money Management

Edge / Strategy ,

if you don't trade with a proven strategy you wont survive the market.

Money Management.

skihav
Nov 14 2021 at 09:41
801 posts
Only with time. Mistakes also add a sufficient amount of experience, but it is better to make them on a demo account.
shortant
Nov 17 2021 at 04:25
73 posts
Experience comes with time. Through time, you will experience what works and what doesn't work. The more you trade, the more likely you'll be successful.
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