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How does experience come?

GlobalScalper (GlobalScalper)
Jun 08 2020 at 19:19
52 posts
Dorigda posted:
You will never gain experience if you do nothing.

Well, Not to trade is better than losing money ;)

greenbandits (greenbandits)
Jun 13 2020 at 02:01
17 posts
TraderProHungary posted:
Experience comes and counts by the number of years you have been trading successful, You master the act of making profits as against losing, Eg Your risk to reward ration should always be at least 80/20, which simply means there is 80% Chance of you wining any trade you place than losing it, to achieve this you my be a very patient trader, that I my trick.

Great explanation!

We are Risk managers not ( Traders) once you understand this you will see the markets in a different way altogether.

It took me years of losing to grasp this mind-set but once I did it opened a whole new ball-game that I can control.

Insta-@Greenbandits #TradeLikeaBandit
Jun 14 2020 at 13:30
48 posts
What ever you do in this World, You gain Experience from how long you have been doing that Successfully, Same thing applies to Trading, no matter what just make sure you are earning profits steadily, month in, month out and continue this process over 1 year and you are experienced already, do it over 5 years, you are Proffesional, I'm happy for myself with this.

russellgutierrez (russellgutierrez)
Jun 16 2020 at 13:02
56 posts
Experience comes from your failures/mistakes. You have to learn from your bad experiences to become better and successful. Once you get to know where you are lacking behind then you can fix those flaws and move ahead. Therefore, in trading you need to practice and plan more to gain experience. Practice is the only key to gain experience.

Jun 16 2020 at 14:07
3 posts
Experience comes from deliberate practice.

The way is to avoid what is strong and to strike at what is weak.
Jul 08 2020 at 05:37
57 posts
Experience is the kind of thing that comes with time.

Jul 24 2020 at 07:04
37 posts
Tezilkree posted:
Experience is the kind of thing that comes with time.

Yes it comes with time and after a lot of practicing.

Curtid33 (Curtid33)
Jul 26 2020 at 01:58
49 posts
I'd say the hardest part about gaining experience is admitting your mistakes and getting over them. Patience is another big one. So is self-confidence. Think of how many people are dependent on forex signals instead of their own craft, or how many rush to charts on Sunday evening.
The results of experience are reflected in your track record. Maybe you haven't blown your account in 2 days, maybe you're losing money at a slower rate, maybe you're breakeven after a month now.

Jul 27 2020 at 02:44
124 posts
Indeed, experience and it is not only the time spent trading, but also how you deal with your failures.

Aug 03 2020 at 07:09
55 posts
One can gain Experience only after regular trading and practice.

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