Learning and earning

Oct 08, 2017 at 06:48
6,833 Views
213 Replies
Member Since Apr 18, 2017   920 posts
May 27, 2019 at 18:19
Humberttim posted:
No start on live is stupid. everyone loose when start on demo. better use demo first but some broker do not offer demo

Yes, I see few brokers don’t offering! But till now a number of brokers are allowing demo trading even for lifetime!
Member Since Aug 11, 2017   886 posts
Sep 13, 2019 at 09:14
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.
Member Since Feb 22, 2011   4862 posts
Sep 13, 2019 at 13:36
It is easy to learn to trade forex.
It is though very hard to learn trading forex and stay profitable :)
Member Since Sep 09, 2015   11 posts
Sep 13, 2019 at 15:03
Losing money is great teacher therefore knowledge & experience must come first before jump to forex ( it all about hardworking/smart). Nowdays people come with new way to make money with forex example copy trade etc...i believe lots trader of out there are losers (time/money) in longterm trading ..just a my view no harm...
Joha AL fath
Member Since Aug 09, 2017   785 posts
Sep 17, 2019 at 10:56
there is no real chance to bring biggest profit ratio until ensuring a most powerful analyzing money management. its the main rule. 
Member Since Sep 17, 2019   8 posts
Sep 17, 2019 at 12:33
Imamul posted:
there is no real chance to bring biggest profit ratio until ensuring a most powerful analyzing money management. its the main rule. 


Money management is important . I would go as far as to say very important...but it is just part of the picture. MM is needed for a good strategy but MM will not save a bad strategy
Member Since Apr 18, 2017   718 posts
Sep 17, 2019 at 14:59
Really agree on your last line; having a good trading system is the key! Since, it’s a decentralized market so; long term working strategies are not available here & there!
Member Since Aug 11, 2017   886 posts
Sep 21, 2019 at 10:23
its very practical and common attitude for beginners level , due to having emotions they cant survive when kick off a live trading , in practical there is no way to stop emotions at all , but only by regular practicing with discipline it can be controlled of course.
Member Since Apr 18, 2017   920 posts
Sep 25, 2019 at 14:35
Mohammadi posted:
its very practical and common attitude for beginners level , due to having emotions they cant survive when kick off a live trading , in practical there is no way to stop emotions at all , but only by regular practicing with discipline it can be controlled of course.

True; it takes time to learn this attitude. Till now Forex trading is one of the most challenging profession; so expecting easy money is meaningless here!
Member Since Aug 27, 2017   994 posts
Sep 29, 2019 at 10:11
AniLorak posted:
Mohammadi posted:
its very practical and common attitude for beginners level , due to having emotions they cant survive when kick off a live trading , in practical there is no way to stop emotions at all , but only by regular practicing with discipline it can be controlled of course.

True; it takes time to learn this attitude. Till now Forex trading is one of the most challenging profession; so expecting easy money is meaningless here!

Well said; I don’t know who traders can expect here an easy success since; more than 90% traders are unable to make money here!!!
Member Since Apr 18, 2017   920 posts
Oct 09, 2019 at 18:56
Roberto21 posted:
only learning cant help you at all without having a regular practice.
so keep focus on practicing besides learning.

Practice is the must; only reading trading eBook or watching video isn’t enough here! Practice is the key!
Member Since Aug 09, 2017   785 posts
Oct 11, 2019 at 07:05
Before large investments we generally open a demo account in a broker to see the performance how it works. But I have seen, after large investments brokers attitude changes sometimes that is not available in micro accounts.
Member Since May 30, 2019   8 posts
Oct 11, 2019 at 10:16
Roberto21 posted:
only learning cant help you at all without having a regular practice.
so keep focus on practicing besides learning.
agree! learning is nothing until and unless you are not applying that in real
forex_trader_795593
Member Since Oct 09, 2019   32 posts
Oct 14, 2019 at 05:19
It is a definite for any trader to learn. Learning helps to make everything much more understanding. Newbie traders learn to get familiar with the trading process while experienced traders learn how to get even better than before.
Member Since Apr 09, 2019   9 posts
Oct 14, 2019 at 08:55
fancydandy posted:
It is a definite for any trader to learn. Learning helps to make everything much more understanding. Newbie traders learn to get familiar with the trading process while experienced traders learn how to get even better than before.
Agree 100%
onebox@
Member Since Aug 09, 2017   785 posts
Oct 17, 2019 at 05:27
when learning don't depend on bookish knowledge , always try to learn and use it in a demo or micro account .
Member Since Aug 11, 2017   886 posts
Oct 19, 2019 at 15:29
as a learning demo is not a place to become knowledgeable trader rapidly , its a place to see the strategies and leverage performance.
Member Since Aug 09, 2017   785 posts
Oct 19, 2019 at 16:18
only we can learn when making a loss , and in demo this experience not possible , so i always prefer live trading for acquiring real trading knowledge.
Member Since Apr 18, 2017   718 posts
Oct 22, 2019 at 09:15
Imamul posted:
only we can learn when making a loss , and in demo this experience not possible , so i always prefer live trading for acquiring real trading knowledge.

Agree; but till now demo is very much meaningful way of learning! All depends on your own preparations!
Member Since Nov 09, 2018   212 posts
Oct 22, 2019 at 10:52
Any approach to get the desired experience is right. However, it is very important not to stay only inside the demo account, but to look for the opportunity to gain knowledge and update it.
#AnthonyWins
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