importance of skills

Sep 22, 2020 at 12:32
3,460 Views
69 Replies
Member Since Jul 19, 2020   298 posts
Sep 22, 2020 at 12:32
To think like a great trader you have to attain the skills of a great trader. Forex trading is a work of professional. You need specific knowledge and skills. It is not that you come and learn how to buy and sell and start making money.
Member Since Jul 19, 2020   751 posts
Sep 22, 2020 at 13:11
Skill is the only thing we need to get success in trading. Market analyzing skills and emotions control skills both are needed. And it takes time to get those skills. So there is no short cut to make money in forex. It seems easy but it's not.
Member Since Jul 20, 2020   341 posts
Sep 22, 2020 at 20:15
Skills are the most important things to make oney from the forex market. So, gather skills as much as you can to make money from this market.
Member Since Jul 19, 2020   788 posts
Sep 23, 2020 at 00:55
Results in Forex trading depend on your experience. The more you develop the skill, the faster the profit will increase. Trading requires a combination of many strategies and if the combination is not good, it is not possible to succeed. So it is very important to develop skills.
Member Since Jul 19, 2020   318 posts
Sep 23, 2020 at 18:52
If you wan to become successful in this market, you need to have proper knowledge and skills of trading. Without proper skills you can not make a strategy and can not make money from this market.
Member Since Aug 28, 2020   15 posts
Sep 24, 2020 at 06:57
The more skilled a trader. obviously better the results.
Beginners should aim at Developing their skills and knowledge, that'll take them far.
Member Since Apr 15, 2020   219 posts
Sep 25, 2020 at 08:30
Skills come when you follow some basic set of trading tips.

I am sure these tips will definitely help you plan out your initial steps


Attachments:

The more your practice, the more you learn.
Member Since Jul 20, 2020   341 posts
Oct 14, 2020 at 11:18
If you want to make money from this market, you need to have proper skills and education about the forex market.
Member Since Jul 23, 2020   869 posts
Oct 28, 2020 at 13:28
Visser01 posted:
The more skilled a trader. obviously better the results.
Beginners should aim at Developing their skills and knowledge, that'll take them far.
Yeah, you are right. Demo practicing is the best way to do that. I recommend not to invest money first without demo practicing.
Member Since Jul 19, 2020   751 posts
Oct 29, 2020 at 13:16
People know that they need skills but they are not willing to give time in learning. They become restless to make money that after few months demo trading they jump into live trading. Then their run for a ready made strategy begin.
Member Since Jul 20, 2020   232 posts
Oct 29, 2020 at 18:51
Without proper skills, no trader can make money from this risky market. If you want to make money from this market you need to have proper skill and knowledge.
Member Since Mar 16, 2020   54 posts
Nov 07, 2020 at 09:56
If your basics are strong and you have proper knowledge then you're skilled and it will going to help you in the market.
Member Since May 24, 2020   112 posts
Nov 07, 2020 at 12:12
Having certain trading skills, some moments make it much easier to make decisions, it turns out more confident.
Member Since Aug 09, 2017   785 posts
Nov 09, 2020 at 08:54
We always advised by the senior traders and experts just for learning. but I think we the newcomers have to practice trading besides learning process. Demo account is more appropriate for them and as a learning Process newcomers can depend on Pips School.
Member Since Aug 27, 2017   994 posts
Nov 09, 2020 at 10:39
sometimes trading can be useless even though there is lots of practice and analysis , just be patience when trading and dont be emotional.
keeping patience.......
Member Since Jul 23, 2020   759 posts
Jun 05, 2021 at 13:45
Improve your skill through practice. It is very essential for profitable trading.
Member Since Jul 19, 2020   751 posts
Jun 06, 2021 at 07:15
@Harrylam887 Yes you are right. Most traders do not want to spend time in learning. They are more interested in making money than developing skills. But due to lack of skills, they lose money.
Member Since Nov 05, 2020   54 posts
Jun 09, 2021 at 05:29
It seems to me that those who strive only to make money in the end can get a disastrous result here, a combination of many qualities is important
Member Since Apr 03, 2021   470 posts
Jun 10, 2021 at 22:56
Yes, maybe we need to change the main mindset, although the main goal become forex trading is making money, but here loss also as part of the game, so trading with fun and trading with rush maybe will different result, mostly trading with fun will more controlled than rush trading
Member Since Apr 15, 2020   219 posts
Jun 11, 2021 at 05:53
FXOday posted:
Yes, maybe we need to change the main mindset, although the main goal become forex trading is making money, but here loss also as part of the game, so trading with fun and trading with rush maybe will different result, mostly trading with fun will more controlled than rush trading
trading with rush will lead to emotional decisions which are ultimately losing decisions. I completely agree with you
The more your practice, the more you learn.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.