What do you learned while trading?

Jan 31, 2022 at 11:24
2,879 Views
58 Replies
Member Since Jan 22, 2021   125 posts
Mar 27, 2022 at 05:35
Everyone here knew the good points that are required to become a pro trader. But the reality is a bit different from what all we are doing. As we all are not perfect so its very tough to acknowledge each aspect. When we are doing one good thing we have to compromise on the other. We should think rationally in forex trading and not go with emotions.
.
Member Since Mar 11, 2022   51 posts
Mar 30, 2022 at 07:34
Trading is a continuous learning experience. Your past experiences may help you to understand things quickly and make wise decisions. But every time you have to put in the same amount of energy to gain profits.
Member Since Apr 14, 2022   32 posts
May 06, 2022 at 03:50
While trading I learned that patience and learning is the key to success in forex trading. And always remember that failure is the stepping stone to success.
Member Since Apr 14, 2022   32 posts
May 06, 2022 at 12:10 (edited May 06, 2022 at 12:11)


a
Member Since Apr 14, 2022   37 posts
May 07, 2022 at 05:43
Trading is a continuing learning experience in which you never stop learning. Every day brings a new challenge, and you must be prepared. The key to trading success is consistency. Only by remaining constant in the market,can you learn about the different aspects of forex trading. So, if you're trading in the forex market, keep practising and learning.
Member Since Mar 28, 2021   617 posts
May 07, 2022 at 06:57
I must say, the money management rule! Proper money management can make you rich in trading. Forex money management is a set of processes that a forex trader will use to manage the money in their forex trading account. Traders should keep their attempt running to develop themselves every moment. A cogent effort should be given to turn every day a profitable day and traders who are perseverant can only do that.
Member Since Jun 07, 2021   72 posts
May 13, 2022 at 05:37
I learned that forex trading is not for everyone. We all may expect to make money from it but not all of us are able to actually make money through it. It takes a lot of practice, patience, and skills to become successful.
Member Since May 10, 2022   9 posts
May 13, 2022 at 10:30
whitneytyler posted:
I learned that forex trading is not for everyone.
It's right that this trading world is not for everyone. It's not tough but it's not an easy job as well. Some people come, try their hands, if they find it interesting and learn the science behind the trades, then they stay in the market, while others who are not able to make profits quit the game. That's it!
Member Since Mar 11, 2022   38 posts
May 23, 2022 at 09:12
As I continued this thrilling journey of forex trading, I learned the importance of being consistent. Without consistency, any trader will give up on the market due to lack of hope. They won’t stay long enough to learn new things about the market and how to master it.
Member Since Apr 09, 2019   538 posts
Jun 13, 2022 at 10:22
Believing you have nothing left to learn is when complacency creeps in and that is dangerous in trading especially. Stay humble and accept there is always something to learn and improve on.
If you can't spot the liquidity then you are the liquidity.
Member Since Jul 06, 2022   24 posts
Jul 20, 2022 at 18:56
The main thing that I learned is that in crypto trading you can never stand still, you need to constantly develop and study this area. Without effort, you will never achieve a good result.
Member Since Jun 22, 2022   21 posts
Jul 26, 2022 at 12:22
Trading is a lifelong learning process. Your prior experiences may aid you in quickly grasping concepts and coming to informed decisions. But each time, the amount of effort required to make a profit must be the same.
Member Since Jul 26, 2022   49 posts
Jul 27, 2022 at 04:32
Hydrophilous posted:
Trading is a lifelong learning process. Your prior experiences may aid you in quickly grasping concepts and coming to informed decisions. But each time, the amount of effort required to make a profit must be the same.
I completely agree with you on this, what I believe is that with efforts, consistency is also important while trading in forex for longer survival in the market.
Member Since Jul 13, 2022   19 posts
Jul 27, 2022 at 05:17
Beginners should be aware that forex trading is quite challenging and that it takes hours each day to stay current on news, new techniques, and all necessary materials. Overall, it's not
something that can be accomplished in a week. It can take weeks, months, or even years. Even the most seasoned traders frequently learn something new about the market.
Member Since Jul 19, 2022   24 posts
Jul 28, 2022 at 05:58
Thank you for sharing your valuable insights with us. A beginner needs to know each of these lessons for becoming a successful trader in the long run. We should never stop learning even if we get early success in forex. We must be working to improve our skills and enhance our knowledge as we gather experience in the forex market.
Member Since Jul 13, 2022   32 posts
Jul 30, 2022 at 06:03
The most important thing I learned while trading was how to maintain my calm and positivity in difficult situations.
Member Since Jul 26, 2022   49 posts
Aug 01, 2022 at 06:54
While trading in forex, I think the most that I have learnt is to be patient in difficult situations and have developed a never giving up attitude.
Member Since May 18, 2022   24 posts
Aug 02, 2022 at 04:45
These are some really good points that you have noted down. Agreed with all of them. Forex trading is a long and tough journey. Staying consistent, working hard, thinking smart, using proper risk management decisions, all are very important for becoming profitable. You miss any one, and you can lose trades.
Member Since Jul 19, 2022   22 posts
Aug 02, 2022 at 10:51
Trading is a lifelong learning process. Your prior experiences may aid you in quickly grasping concepts and coming to informed decisions. But each time, the amount of effort required to make a profit must be the same.
Member Since Apr 09, 2019   538 posts
Aug 02, 2022 at 12:00
Not just with trading but learning how to make extra money has taught me that monetary targets are actually wholly unsatisfying to me. I thought I'd feel good the first time I hit a £500 day but instead I just told myself well I want that to be the norm etc. Better goals for me are being able to do certain things, make certain investments, to feel content etc.
If you can't spot the liquidity then you are the liquidity.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.