Becoming a Forex Expert requires
Mar 02, 2021 at 11:37
Becoming a forex expert requires that you are very successful at trading. So asking how to be a forex expert is synonymous with asking how to become very successful in trading. There are no shortcuts or any magic, just hard work, and a little bit of luck. The trader has to be able to learn from his/her mistakes to get better and increase profitability.
Mar 02, 2021 at 12:28
To become an expert in trading we need to practice a lot in demo account also we need to read the e-books about trading this will help us to improve our trading knowledge then we have to make our own trading strategy then i hope we can become successful of expert in Forex trading.
Member Since Nov 07, 2020
34 posts
Mar 06, 2021 at 10:01
UweMoench posted:Is using a demo account really that necessary? I mean everywhere I see people keep talking about it.
To become an expert in trading we need to practice a lot in demo account also we need to read the e-books about trading this will help us to improve our trading knowledge then we have to make our own trading strategy then i hope we can become successful of expert in Forex trading.
Member Since Feb 23, 2021
26 posts
Mar 06, 2021 at 10:33
Demo trading has a lot of importance. It is possible to develop skills by doing demo trading. If a trader can develop skills by trading demos, he will not lose much in live trading.
Member Since Jul 20, 2020
298 posts
Mar 07, 2021 at 20:55
To become an expert trader, you must first develop trading knowledge. Must work according to discipline and plan. And if there is any mistake in trading by maintaining the journal, they have to be solved.
Mar 08, 2021 at 05:08
Gareylinn509 posted:I don’t think it is about the importance of it. Demos are just for practice. Didn’t you start with them in the beginning?UweMoench posted:Is using a demo account really that necessary? I mean everywhere I see people keep talking about it.
To become an expert in trading we need to practice a lot in demo account also we need to read the e-books about trading this will help us to improve our trading knowledge then we have to make our own trading strategy then i hope we can become successful of expert in Forex trading.
Elena Triston (ele020)
Member Since Apr 15, 2020
219 posts
Mar 08, 2021 at 06:12
Michihito posted:I 100% agree with you.. This skill cannot be obtained overnight it comes with experience, practice and dedication.
Becoming a forex expert requires that you are very successful at trading. So asking how to be a forex expert is synonymous with asking how to become very successful in trading. There are no shortcuts or any magic, just hard work, and a little bit of luck. The trader has to be able to learn from his/her mistakes to get better and increase profitability.
The more your practice, the more you learn.
Member Since Nov 07, 2020
34 posts
Mar 08, 2021 at 10:17
Anoxiare posted:I did use them but not for long since I got pretty bored soon.Gareylinn509 posted:I don’t think it is about the importance of it. Demos are just for practice. Didn’t you start with them in the beginning?UweMoench posted:Is using a demo account really that necessary? I mean everywhere I see people keep talking about it.
To become an expert in trading we need to practice a lot in demo account also we need to read the e-books about trading this will help us to improve our trading knowledge then we have to make our own trading strategy then i hope we can become successful of expert in Forex trading.
lovefortrading (perryjohn765)
Member Since Sep 12, 2017
238 posts
Mar 08, 2021 at 10:41
Saying EXPERT is a big word. You can be good. Forex is something which is not just based on your knowledge. other than knowledge you need luck and patience.
Mar 09, 2021 at 04:40
Gareylinn509 posted:That’s understandable. I used demos for about 7 months before going live with Fxtm and Turnkeyforex. My mentor advised me to practice on them before stepping into the real world of forex. It actually worked alright for me and I know that demos are not as good as live accounts, but they do serve their purpose.Anoxiare posted:I did use them but not for long since I got pretty bored soon.Gareylinn509 posted:I don’t think it is about the importance of it. Demos are just for practice. Didn’t you start with them in the beginning?UweMoench posted:Is using a demo account really that necessary? I mean everywhere I see people keep talking about it.
To become an expert in trading we need to practice a lot in demo account also we need to read the e-books about trading this will help us to improve our trading knowledge then we have to make our own trading strategy then i hope we can become successful of expert in Forex trading.
lovefortrading (perryjohn765)
Member Since Sep 12, 2017
238 posts
Mar 09, 2021 at 09:03
Anoxiare posted:thats actually wonderful and the correct way to proceed. one needs to be familiar with the demo.Gareylinn509 posted:That’s understandable. I used demos for about 7 months before going live with Fxtm and Turnkeyforex. My mentor advised me to practice on them before stepping into the real world of forex. It actually worked alright for me and I know that demos are not as good as live accounts, but they do serve their purpose.Anoxiare posted:I did use them but not for long since I got pretty bored soon.Gareylinn509 posted:I don’t think it is about the importance of it. Demos are just for practice. Didn’t you start with them in the beginning?UweMoench posted:Is using a demo account really that necessary? I mean everywhere I see people keep talking about it.
To become an expert in trading we need to practice a lot in demo account also we need to read the e-books about trading this will help us to improve our trading knowledge then we have to make our own trading strategy then i hope we can become successful of expert in Forex trading.
Member Since Jul 23, 2020
759 posts
Mar 25, 2021 at 13:22
Tremblay posted:Surely it takes time to learn trading properly. Trader need to be patience.
Exactly there is no short cut to learning. Most people try to learn it in 3 months. They are not ready to spend long time for learning. They think it's waste of time. As a result they lose money again and again.
Member Since Jan 06, 2021
10 posts
Apr 02, 2021 at 03:47
It is not that easy to become an expert in forex trading and everyone has to work hard to climb up the ladder of success here.
Member Since Feb 23, 2021
4 posts
May 28, 2021 at 05:16
Yes there is no shortcut to being successful in forex and everyone has to work hard and do their part as a trader.
