Acquiring knowledge is basic for being a successful a trader. You need to study and research a tremendous mark in case you want be a gainful trader. You need to learn specific edge and mental perspective of trading. You have to comprehend how to control your feelings. By then start with demo record to understand how as far as possible.
GeorgeBischof
Member Since Jul 19, 2020
318 posts
Nov 23 2020 at 19:19
Knowledge is the most important thing in forex trading. Without knowledge, you can not survive in this risky market.
ElliotCooke
Member Since Jul 20, 2020
341 posts
Nov 23 2020 at 20:16
Yes. I completely agree with you. If you want to become a good trader, you need basic knowledge of forex.
LeviSievwright5
Member Since Jul 20, 2020
298 posts
Nov 24 2020 at 04:54
Trading is a psychological game. If one wants to be profitable by trading, one has to control emotions first. Success is very difficult but it will be easy to achieve success if you can trade long term with patience.
Well said, as traders we have to gather information at every stage even when we have the basic knowledge. Gaining knowledge should be a continuous thing in the life of trader.
LyudmilLukanov
Member Since Jul 23, 2020
869 posts
Nov 24 2020 at 13:47
I also agree. Knowledge is the main power source of trading. Many new traders jump into the market without knowing the basic and end up losing money.
LyudmilLukanov posted:
I also agree. Knowledge is the main power source of trading. Many new traders jump into the market without knowing the basic and end up losing money.
True. Without knowledge it would be like trading with closed eyes so can't take it lightly at all.
Knowledge is what will help you really achieve good results and understand the essence of trading, but I like that the Amarkets broker always has up-to-date information about new products in the market and in trading.
Elena Triston
(ele020)
Member Since Apr 15, 2020
219 posts
Dec 08 2020 at 07:19
Yes, I totally agree with this. In order to trade for the long term and earn profit, acquiring knowledge is important in forex . You need to research a lot and find out which strategy is suitable for you. Don’t start trading without basic knowledge otherwise you will end with losing money.
The more your practice, the more you learn.
Marloncolingwood
Member Since Oct 30, 2020
15 posts
Dec 09 2020 at 10:19
Yes, you do need to have some basic knowledge about the market and know how forex trading actually works.
VictorAxel
Member Since Sep 18, 2020
31 posts
Dec 10 2020 at 07:15
Without a good knowledge base, there's no fun is trading actually. We have to try to gather information at every phase if we want to succeed as a trader.
Gingerrogers
Member Since Jul 01, 2020
28 posts
Dec 28 2020 at 09:55
It is basic and it is also a very important first step. If a trader is well equipped and has the relevant knowledge, it will be in his interest.
ElliotCooke
Member Since Jul 20, 2020
341 posts
Dec 28 2020 at 20:18
A demo account is the best forex learning method for me. It helps a trader to learn all the basics and the techniques of forex perfectly.
SofieAndreasen
Member Since Jul 23, 2020
759 posts
May 29 2021 at 13:15
True. Learn the trading first and practice it in demo account.
Learning is an ongoing process. There's always a range to improve knowledge and techniques. With changing market we constantly need to boost our skills. Otherwise we will be kicked out from the market.
If I do not acquire trading knowledge, I cannot gain profit. A trader can make a lot of profit if he acquires knowledge properly.
AliaDare posted:To make money from this market, you need proper knowledge and skills. Without proper knowledge no trader can survive in this risky market.
If I do not acquire trading knowledge, I cannot gain profit. A trader can make a lot of profit if he acquires knowledge properly.
AliaDare posted:Yes. acquiring knowledge is a must thing to survive in this risky market.
If I do not acquire trading knowledge, I cannot gain profit. A trader can make a lot of profit if he acquires knowledge properly.
LukeRachel
Member Since Mar 16, 2021
477 posts
May 31 2021 at 01:05
I have to make a profit by making knowledge. It is never possible to survive in trading without knowledge.