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Becoming a Forex Expert requires

Anoxiare
Mar 09 at 04:40
22 posts
Gareylinn509 posted:
Anoxiare posted:
Gareylinn509 posted:
UweMoench posted:
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.

Is using a demo account really that necessary? I mean everywhere I see people keep talking about it.

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?

I did use them but not for long since I got pretty bored soon.

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.

perryjohn765 (perryjohn765)
Mar 09 at 09:03
149 posts
Anoxiare posted:
Gareylinn509 posted:
Anoxiare posted:
Gareylinn509 posted:
UweMoench posted:
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.

Is using a demo account really that necessary? I mean everywhere I see people keep talking about it.

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?

I did use them but not for long since I got pretty bored soon.

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.

thats actually wonderful and the correct way to proceed. one needs to be familiar with the demo.

tiahshermack
Mar 12 at 12:09
15 posts
You cannot become an expert at forex trading if you don’t use risk management and money management. These skills can make a significant difference in your trading career.

Tremblay
Mar 25 at 11:16
101 posts
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.

SofieAndreasen
Mar 25 at 13:22
349 posts
Tremblay posted:
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.

Surely it takes time to learn trading properly. Trader need to be patience.

Femilas
Mar 25 at 14:53
30 posts
In order to become an expert, you need to spend a lot of time, several years, it is accurate and constantly to develop and learn.

willisgoodwin
Apr 02 at 03:47
6 posts
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.

ceceliagreer
Apr 08 at 05:22
12 posts
Yes, it takes a lot of time and knowledge to become an expert in forex. It is not at all as easy as it sounds.

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