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Learning and earning
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mlawson71

Member Since Dec 11, 2015  1487 posts mlawson71 Apr 11 2018 at 06:40
Chachingggg posted:
Month at a minimum. I don't know why so many people start on a real account.


I am not sure one can learn much for a month beyond the basic functions of their trading platform. I don't think one month on a demo account is nearly enough.

Mohammadi

Member Since Aug 11, 2017  553 posts Mohammadi Apr 25 2018 at 12:36
as a newcomer, first thing you need to do is to common in Forex trading and that means you need to have lots of extra time not only in trading but in learning also. And the most important thing is that you need to spend lots of time practicing and not going to make profit or don’t expect to get profit in the first two months. But practically mostly newcomers don’t believe the importance of demo account and try to make money very rapidly without learning.

emily_smith

Member Since May 10, 2018  22 posts emily_smith Jun 14 2018 at 10:35
mlawson71 posted:
Chachingggg posted:
Month at a minimum. I don't know why so many people start on a real account.


I am not sure one can learn much for a month beyond the basic functions of their trading platform. I don't think one month on a demo account is nearly enough.

Yes i agree with you, I also spend more than three months initially on demo account before jumping on the live account. As per my opinion one month is not sufficient for the learning.

Mohammadi

Member Since Aug 11, 2017  553 posts Mohammadi Jun 14 2018 at 10:42
Learning is the foremost ways to keep survive in this volatile trading place in a proper way. But sorry to say maximum traders who are particularly newcomers try to make money from here without learning. As a result they become loser when trading practically. It would be great if we choose the broker which always ensures best trading environment for learning this trading place by providing exclusive educational facilities.

sarahlawrence

Member Since May 30, 2018  20 posts sarahlawrence Jun 27 2018 at 12:52
I don't think you can earn for long if you are not placing any importance on learning first. I always say that learning is a continuous process. The more you learn, the more you earn, provided you know how to apply what you have learnt practically. Forex is an immense field with new developments coming in everyday. Learn from them to improve your trade and you will increase your chances of earning better.

Adribaasmet

Member Since Aug 27, 2017  645 posts Adribaasmet Jul 01 2018 at 06:50
sarahlawrence posted:
I don't think you can earn for long if you are not placing any importance on learning first. I always say that learning is a continuous process. The more you learn, the more you earn, provided you know how to apply what you have learnt practically. Forex is an immense field with new developments coming in everyday. Learn from them to improve your trade and you will increase your chances of earning better.


Of course, learning is an ongoing process. There is no ending point, I have almost 7 years trading experience and till now I’m learning.

JamesAnderson

Member Since Mar 26, 2018  31 posts JamesAnderson Jul 02 2018 at 10:19
Learning should always be the first step If you are a beginner and want to learn more about forex trading then according to my experience go to Babypips School of Pipsology

sarahlawrence

Member Since May 30, 2018  20 posts sarahlawrence Jul 02 2018 at 10:28
Adribaasmet posted:
sarahlawrence posted:
I don't think you can earn for long if you are not placing any importance on learning first. I always say that learning is a continuous process. The more you learn, the more you earn, provided you know how to apply what you have learnt practically. Forex is an immense field with new developments coming in everyday. Learn from them to improve your trade and you will increase your chances of earning better.


Of course, learning is an ongoing process. There is no ending point, I have almost 7 years trading experience and till now I’m learning.
7 years is a long time. May I ask what have been the greatest lessons that you have learnt in your 7-year long trading experience?

TiffanyK

Member Since Feb 12, 2016  427 posts Tiffany (TiffanyK) Jul 05 2018 at 08:08
Learning from experience and taking your lesson after mistakes - the most precious gift !

Accept the loss as experience
kacper5

Member Since Aug 18, 2018  10 posts kacper5 Aug 23 2018 at 11:03
TiffanyK posted:
Learning from experience and taking your lesson after mistakes - the most precious gift !

and no one can teach us better than our experience

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