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There are three things

forexminded
Feb 15 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 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 at 04:43
12 posts
Yes, I second that. These three things can really make a difference to trading.

Joz8
Feb 19 at 07:15
102 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 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 at 17:22
461 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 at 13:54
462 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.

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