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Those who can't learn will be eliminated by the market

marcellamcguire
Apr 13 2021 at 10:12
14 posts
Forex does require certain skills and knowledge and it is not everyone’s cup of tea. Most newbies fail to continue trading because of various reasons like incompetence, greed, lack of skills, etc.

Sar John (Sarjohn)
May 04 2021 at 10:09
187 posts
marcellamcguire posted:
Forex does require certain skills and knowledge and it is not everyone’s cup of tea. Most newbies fail to continue trading because of various reasons like incompetence, greed, lack of skills, etc.

Yes, It is not a cup of tea for everyone. You will certainly need to study and learn the skills. Also control your emotions during trading.

BrantleyC
May 17 2021 at 11:23
16 posts
No doubt, forex is not for those who cant update their skill, knowledge and strategies on time.You gotta be on your toes to reap maximum benefits from trading forex.

Elena Triston (ele020)
May 20 2021 at 09:11
219 posts
In order to survive in forex market, you need constant research, determination and skill practice else there is no room for casual traders.

The more your practice, the more you learn.
AliaDare
May 21 2021 at 16:15
788 posts
Trading education requires a lot. If a trader tries to trade without education, he will drop out of trading. It is not possible to trade without skills and knowledge.

yana hansen (78678676)
May 27 2021 at 07:34
137 posts
Be patient and keep pushing yourself everyday to learn something new. It is a struggle but will definitely pay you later. Keep hanging 😊.

Chelsea Blacks (blackChelsea)
May 27 2021 at 15:34
125 posts
Forex needs time and proper trading mindset. This can be only developed by careful understanding of forex market, what major forces are driving it and their impact. Always look for forex related news to know what is going on, this helps you to analyse the market in better way.

Elena Triston (ele020)
May 28 2021 at 06:52
219 posts
blackChelsea posted:
Forex needs time and proper trading mindset. This can be only developed by careful understanding of forex market, what major forces are driving it and their impact. Always look for forex related news to know what is going on, this helps you to analyse the market in better way.

Thats right. Proper market update, along with core understanding of fundamentals, technicals can help you to take the correct trading decisions

The more your practice, the more you learn.
Antonio_K
Jun 08 2021 at 07:15
27 posts
Thats indeed true. Only those people will be able to survive who understand that learning is inevitable in forex. Even if you profitable there is still so much to learn. So, keep the cycle going

Tremblay
Jun 29 2021 at 07:13
330 posts
Yes. No trader can survive in this market without proper knowledge.

UweMoench
Oct 05 2021 at 06:55
751 posts
Yes if you are not skilled enough, eventually you will be kicked out from the market. There is no place for unskilled people in the Forex market.

croisssan
Oct 05 2021 at 08:12
939 posts
Those who cannot sensibly complete the training will simply end up losing their money, and you need to be ready for this.

Akasuki
Oct 05 2021 at 14:38
500 posts
Yes it's true. Forex market is the best example for survival for fittest. If you are not skilled enough, you will get kicked out from the market by the market.

AliaDare
Oct 06 2021 at 02:18
788 posts
Yes, of course, the forex market is an example where there is no movement without knowledge. And the biggest thing is that trading is impossible without patience.

SteveHanks
Oct 06 2021 at 17:36
536 posts
UweMoench posted:
Yes if you are not skilled enough, eventually you will be kicked out from the market. There is no place for unskilled people in the Forex market.

I agree with you. Proper knowledge is mandatory in this market.

Dorofeev
Oct 14 2021 at 18:14
20 posts
That's an exact statement I guess. Those traders who aren't eager to learn and practice will be expelled by market, because the main idea of trading activity is that traders must always upgrade their skills and fill the knowledge base, otherwise everything what they do is just for nothing. It's kinda clear idea and there is no need to explain it to the mass. Such traders who ddon't want to learn something new, they just blow their accounts and leave trading forever, however there are some traders who once have come to trading, blew their accounts and now they decided to join community one more time, but considering all the previous mistakes. Such ones deserve respect.

CraigMcG2020
Oct 15 2021 at 07:01
296 posts
Dorofeev posted:
That's an exact statement I guess. Those traders who aren't eager to learn and practice will be expelled by market, because the main idea of trading activity is that traders must always upgrade their skills and fill the knowledge base, otherwise everything what they do is just for nothing. It's kinda clear idea and there is no need to explain it to the mass. Such traders who ddon't want to learn something new, they just blow their accounts and leave trading forever, however there are some traders who once have come to trading, blew their accounts and now they decided to join community one more time, but considering all the previous mistakes. Such ones deserve respect.


Completely agree, coming in and out is very difficult to do. If you want consistent results you have to be consistent in training, learning and above all trading your rules

croisssan
Oct 15 2021 at 09:44
939 posts
I completely agree that without training in this industry it will be really difficult to get a positive result. When I started working with a broker, I used a demo account for training.

Seb King (sebking1986)
Oct 15 2021 at 14:38
362 posts
CraigMcG2020 posted:
Dorofeev posted:
That's an exact statement I guess. Those traders who aren't eager to learn and practice will be expelled by market, because the main idea of trading activity is that traders must always upgrade their skills and fill the knowledge base, otherwise everything what they do is just for nothing. It's kinda clear idea and there is no need to explain it to the mass. Such traders who ddon't want to learn something new, they just blow their accounts and leave trading forever, however there are some traders who once have come to trading, blew their accounts and now they decided to join community one more time, but considering all the previous mistakes. Such ones deserve respect.


Completely agree, coming in and out is very difficult to do. If you want consistent results you have to be consistent in training, learning and above all trading your rules


Consistency in all aspects of life is how things get done. Whether than be change of habits, building a business, learning to trade or do anything else.

If you can't spot the liquidity then you are the liquidity.
billysnyder
Oct 21 2021 at 06:21
91 posts
The biggest mistake that forex traders make in the market is taking the market too lightly. When a trader forgets that making money in the forex market requires focus and patience, they start going in the direction of losses.

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