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importance of skills

deanetellez
Aug 27 2021 at 13:18
5 posts
@UweMoench I agree that skills, experience and knowledge are important aspects of trading but I want to add another important element to it which is often underestimated, that is, self-control. It is very common for a trader to weigh down under his emotions and see his strategies failing miserably. A good trader must be able to control his emotions to succeed in trading.
WaltonCharles
Aug 29 2021 at 20:27
144 posts
Skills and experience are very much needed to make money from this market.
SteveHanks
Aug 30 2021 at 08:44
536 posts
WaltonCharles posted:
Skills and experience are very much needed to make money from this market.
Yes. You are absolutely right.
Unellene
Aug 30 2021 at 16:23
283 posts
From personal experience, I can say this - there is nothing to do without training and skills in Forex, you cannot hope for blind luck
UweMoench
Aug 31 2021 at 10:05
751 posts
@Unellene Yes luck can work for once, or twice many be one more time but it does not work all the time.. You need necessary skills and knowledge.
Anayallador
Aug 31 2021 at 12:25
26 posts
The importance of skills in trading cannot be exaggerated. Trading without skills is a gambling which will lead to the total loss of the deposit. By skills I mean not only the skills to analyse the market, but also skills to manage your money and risks and also to control your psychological state. The most interesting thing is that you cannot just acquire some skills and stop improving yourself. You need to constantly developing your skills in order to catch up with the market which is constantly changing. If you don't change with it, you are sure to lose.
Unellene
Aug 31 2021 at 13:41
283 posts
that's exactly what it works only once, but many hope purely for luck, this is more of a beginner's attitude
RobertFerrari
Sep 02 2021 at 07:04
415 posts
Unellene posted:
From personal experience, I can say this - there is nothing to do without training and skills in Forex, you cannot hope for blind luck
Yes. You are absolutely right.
RobSchiz
Sep 02 2021 at 21:16
567 posts
Unellene posted:
that's exactly what it works only once, but many hope purely for luck, this is more of a beginner's attitude
every new trader should gather proper knowledge.
Unellene
Sep 04 2021 at 16:04
283 posts
skills are important everywhere, in any of your activities, people without them can achieve little in any occupation
RobertFerrari
Sep 04 2021 at 18:42
415 posts
WaltonCharles posted:
Skills and experience are very much needed to make money from this market.
Yes. Proper knowledge can make you rich in this market.
croisssan
Sep 04 2021 at 19:43
939 posts
Knowledge and experience in the process of work play a really important role. In my opinion, this is really the most important aspect.
Akasuki
Sep 05 2021 at 04:52
617 posts
@RobertFerrari yes proper knowledge is important but along with knowledge we also need to know how to apply the knowledge effectively.
Unellene
Sep 11 2021 at 16:03
283 posts
unfortunately, without developing your skills, you will not get much, and there will be no profit
SteveHanks
Dec 26 2021 at 07:22
536 posts
Unellene posted:
unfortunately, without developing your skills, you will not get much, and there will be no profit
Yes. Proper knowledge is very important to survive in this market.
AliaDare
Dec 26 2021 at 09:14
788 posts
croisssan posted:
Knowledge and experience in the process of work play a really important role. In my opinion, this is really the most important aspect.
Knowledge development is very important. It is very important for the trader to gain knowledge about this subject.
skihav
Dec 26 2021 at 09:30
801 posts
Knowledge and skills in this industry play an almost key role. In fact, it is important to pay enough attention to this.
UweMoench
Dec 27 2021 at 11:49
751 posts
@skihav Yes without knowledge and skills, no one can make money in forex trading. They are the keys. By doing blind trading, one can get profitable trades here and there but not consistently.
winning_trades
Dec 27 2021 at 11:56
48 posts
Yes absolutely correct! Keep practicing the moves on charts, it will help you in making the judgements strong.
croisssan
Dec 27 2021 at 16:03
939 posts
For a trader, this aspect is extremely important. I think it's easy to draw a conclusion - the more knowledge and skills, the better the results.
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