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Learning and earning
Member Since Apr 30, 2019
10 posts
Apr 30, 2019 at 11:19
I read loads of books when I started but they all seemed to cover the same basic things and told me about support and resistance over and over again and double tops, fibs. That kind of stuff. But they all missed the final critical element of how you can actually use these tools to trade
Member Since Aug 27, 2017
875 posts
Apr 30, 2019 at 14:04
NileCandles posted:
I read loads of books when I started but they all seemed to cover the same basic things and told me about support and resistance over and over again and double tops, fibs. That kind of stuff. But they all missed the final critical element of how you can actually use these tools to trade
I am sure; babypips school is much better than the online based trading eBooks! No way to buy online trading eBook.
keeping patience.......
Member Since Apr 23, 2019
5 posts
May 01, 2019 at 08:11
If you’ve participated in recent discussions about the future of education, you have inevitably heard people argue about the purpose of education: “It should be about preparing young people to be good, educated, and engaged citizens,” some say. “We shouldn’t bend education to suit today’s needs of acquiring specific work skills that may be irrelevant very quickly. Instead, we should equip people with basic critical thinking skills and instill a desire to learn.
May 02, 2019 at 11:37
Adribaasmet posted:NileCandles posted:
I read loads of books when I started but they all seemed to cover the same basic things and told me about support and resistance over and over again and double tops, fibs. That kind of stuff. But they all missed the final critical element of how you can actually use these tools to trade
I am sure; babypips school is much better than the online based trading eBooks! No way to buy online trading eBook.
True. not only it's easy but an attractive lessons so that beginners won't stop learning. it's a great basic learning platform indeed.
But I do feel that it's not everything, we have to find a self-education that we will study as long as we keep forex running.
May 06, 2019 at 08:56
So many new Forex traders try to make money from here without learning. As a result they become loser due to lack of exact trading knowledge. It’s a common thinking. I think by and large lose because they trade with emotions and don’t know how to manage money in Forex.
May 07, 2019 at 08:22
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme
forex_trader_565984
Member Since Oct 08, 2018
141 posts
May 12, 2019 at 05:52
Learning is a never ending process especially in forex trading and even highly professional and highly successful traders keep learning everyday from their mistakes to improve their algo.
But if you are trying to learn quickly to earn quickly in forex, then you might end up loosing everything. So keep learning at the same time try to focus on only one algo which you are comfortable with and which is profitable for others. Then, just stick with it to fine tune it day by day in order to perfectly match your trading requirement and trading psychology.
But if you keep changing your strategy completely and start a new strategy every couple of days or couple of weeks or months and consider it as learning, then you might continue this process for years and may be for lifetime and may not be able to make profit ever in forex trading consistently.
So first finding one profitable strategy and next, sticking with it to improve it day by day is very very important. Because there is no such holy grail strategy which can work for all traders.
But if you are trying to learn quickly to earn quickly in forex, then you might end up loosing everything. So keep learning at the same time try to focus on only one algo which you are comfortable with and which is profitable for others. Then, just stick with it to fine tune it day by day in order to perfectly match your trading requirement and trading psychology.
But if you keep changing your strategy completely and start a new strategy every couple of days or couple of weeks or months and consider it as learning, then you might continue this process for years and may be for lifetime and may not be able to make profit ever in forex trading consistently.
So first finding one profitable strategy and next, sticking with it to improve it day by day is very very important. Because there is no such holy grail strategy which can work for all traders.
May 13, 2019 at 06:07
Forex is a decentralized market, in which dealers distribute their own price feeds through proprietary trading platforms. As such, it's important to learn the features of each type of trading software before using real funds in an account. Open a demo account and paper trade until you can make a consistent profit.
May 13, 2019 at 09:34
So many new Forex traders try to make money from here without learning. As a result they become loser due to lack of exact trading knowledge. It’s a common thinking. I think by and large lose because they trade with emotions and don’t know how to manage money in Forex.
May 15, 2019 at 10:23
Devhuti posted:
Everyday is learning day. Learn everyday and earn everyday good profit.
All the best . God bless you.
Yes, this terminology is not for the new traders; it’s for the experience traders! New traders should focus on only learning.
May 16, 2019 at 08:35
In Fx trading as a newbie I am looking for a great source for gathering proper market principle which is very supportive to lead a comfortable trading life with certainly , many of us suggest me to trade demo account , but honestly speaking , I always feel boring when trading in demo account . but I have acquired some basic information from here about trading .
May 19, 2019 at 06:05
Mohammadi posted:
In Fx trading as a newbie I am looking for a great source for gathering proper market principle which is very supportive to lead a comfortable trading life with certainly , many of us suggest me to trade demo account , but honestly speaking , I always feel boring when trading in demo account . but I have acquired some basic information from here about trading .
Are you winning when you trade your boring demo account?
May 20, 2019 at 11:01
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme
Member Since Aug 27, 2017
875 posts
May 21, 2019 at 07:48
Baileyhart posted:
yes..i am still learning about forex,
That’s really great! By the way, how many months you have been practicing your demo account?
keeping patience.......
Member Since May 20, 2019
8 posts
May 26, 2019 at 06:31
No start on live is stupid. everyone loose when start on demo. better use demo first but some broker do not offer demo
