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There are three things

forexminded
Feb 15 2021 at 12:26
35 posts
I think three things required to create your own strategy are knowledge, your financial goals and market analysis.


sullyallen
Feb 15 2021 at 20:14
1 posts
LeviSievwright5 posted:
It is not possible to gain profit consistently without acquiring a trading education. A trader must first acquire trading education. Then you have to apply that education and practice a lot.


@LeviSievwright5 what in your opinion would be great habits for a new trader to make ?
amoscopeland
Feb 19 2021 at 04:43
12 posts
Yes, I second that. These three things can really make a difference to trading.
Joz8
Feb 19 2021 at 07:15
104 posts
forexminded posted:
I think three things required to create your own strategy are knowledge, your financial goals and market analysis.
That's right and then testing the strategies is also an important part.
Roberto21
Feb 20 2021 at 06:57
364 posts
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.
LyudmilLukanov
May 07 2021 at 17:22
809 posts
Roberto21 posted:
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.
I also agree. Newcomers should learn first before real trading.
UweMoench
May 08 2021 at 13:54
751 posts
For effective trading consistency is crucial. Some random winning transactions don't assist in success. Achieving consistency is critical in trading. For that one needs enough knowledge, skills and experience.
RobSchiz
Sep 07 2021 at 20:38
567 posts
forexminded posted:
I think three things required to create your own strategy are knowledge, your financial goals and market analysis.


I agree with you.
Unellene
Sep 08 2021 at 12:34
283 posts
UweMoench posted:
For effective trading consistency is crucial. Some random winning transactions don't assist in success. Achieving consistency is critical in trading. For that one needs enough knowledge, skills and experience.
random success never meant that the trade was successful according to the knowledge of the trader himself, but many people think otherwise
SteveHanks
Dec 29 2021 at 05:23
536 posts
Unellene posted:
UweMoench posted:
For effective trading consistency is crucial. Some random winning transactions don't assist in success. Achieving consistency is critical in trading. For that one needs enough knowledge, skills and experience.
random success never meant that the trade was successful according to the knowledge of the trader himself, but many people think otherwise
Proper knowledge is very necessary to survive in this market.
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