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Learning Forex Trading

Mohammadi
Apr 22 2018 at 10:08
886 posts
According to me, You must learn a lot firstly by reading some tutorials. Try to consistent in pips school. There is a proper guide for learning Forex for the traders who are particularly beginners. And try to join a broker and open a demo account. But you will learn what you need to do in the tutorials and try to participate on this forum especially Newbie Island so you can learn more.
LongVision
Apr 23 2018 at 06:26
254 posts
Here are some nice books that are really good you can learn every aspect of trading-

1.Beyond Technical Analysis-Tushar Chande

Brief Intro.-Old book 1997 edition but these system really works in today market also. The book is broadly divided into two parts. The first half deals with development and testing—how the system worked on past data— and discusses basic rules, key issues, and many new systems. The second half explores how the system might do in the future, with a focus on equity curves, risk control, and money management. A key contribution is a new method called 'data scrambling,' which allows unlimited amounts of synthetic data to be generated for true out-of-sample testing.

2.BUILDING RELIABLE TRADING SYSTEMS-Keith Fitschen

Brief Intro.-This book shows you how to build a tradeable strategy. A tradeable strategy is one that fits your own risk/reward goals, and one that trades in real‐time as well as it performs in the development back‐test. It is not easy to develop a tradeable strategy because there are serious pitfalls. Most of us are greedy and want to trade something that has a large return.

3.Definitive Guide to Position Sizing - Van Tharp

Brief Intro.-One of the best book on Money management/Risk Management

4.Trading in the Zone-Mark Douglas

Brief Intro.-The goal of any trader is to turn profits on a regular basis, yet so few people ever really make consistent money as traders. What accounts for the small percentage of traders who are consistently successful? The determining factor is psychological—the consistent winners think differently from everyone else.
The market will trade through it’s path of least resistance .
Mohammadi
Apr 25 2018 at 12:36
886 posts
In Fx trading by and large traders think only good trading knowledge can brings success very rapidly , but practically despite of good trading knowledge that’s not possible at all to lead a comfortable trading life if you don’t know how to manage your time.
ElliotCooke
Nov 09 2020 at 12:19
341 posts
Learning is the most important thing in the forex market. Without learning you can not survive in this risky market.
EbonyJones
Nov 09 2020 at 12:53
232 posts
Knowledge is the main key to success in the forex market. No trader can make a good career without proper knowledge.
Roberto21
Nov 10 2020 at 07:12
364 posts
We can start Forex in a proper way, if we want to be a professional. Babypips School is the first choice of learning and besides this demo account must which is mainly considered the foremost place to acquire real basic knowledge which is very supportive to kick off a live account in a proper way.
AmDiab
Nov 10 2020 at 12:13
718 posts
knowledge and experience needed i agree with you , but it can be valueless if you dont have regular practice  , so besides acquiring good knowledge its more appropriate to emphasis on practice session. 
GeorgeBischof
Nov 10 2020 at 19:44
318 posts
If you want to become successful in this market, you need to learn all the tools and techniques of forex trading perfectly.
SteveHanks
Apr 13 2021 at 19:26
536 posts
ElliotCooke posted:
Learning is the most important thing in the forex market. Without learning you can not survive in this risky market.
I agree with you. Proper learning is mandatory to survive in this market.
Starcliff
May 09 2021 at 09:49
55 posts
Being able to understand these concepts is really dangerous, because they are one of the components of trading.
SofieAndreasen
May 11 2021 at 00:14
759 posts
There are a lot of sources to learn. But traders often show less interest in learning.
Adribaasmet
May 11 2021 at 09:41
994 posts
learning is important its okay, but in spite of having good learning, approach trading can be useless if there is no regular practice.
Pips Laws (Piplaws)
May 27 2021 at 10:08
28 posts
That probably depends on the money and broker you are willing to invest in. good luck to you.
Tremblay
May 30 2021 at 08:14
330 posts
Adribaasmet posted:
learning is important its okay, but in spite of having good learning, approach trading can be useless if there is no regular practice.
Yes. Learning is very essential to make money from this market.
MasterMove
May 31 2021 at 07:34
35 posts
For every trader, it is very important to gain sufficient knowledge to excel in the forex market, no profit can be made with lack of education.
Mauk
Jun 04 2021 at 09:54
78 posts
It is necessary to study and understand all the trading rules that will be necessary in order to start working here.
Starcliff
Jun 05 2021 at 08:25
55 posts
I can’t imagine how you can even start trading vine with your funds if you have not studied and do not know anything.
Tremblay
Jun 05 2021 at 10:32
330 posts
Starcliff posted:
I can’t imagine how you can even start trading vine with your funds if you have not studied and do not know anything.
I also can't understand how anyone can invest their money without any knowledge.
LyudmilLukanov
Aug 08 2021 at 02:40
869 posts
Knowledge is the key to success in trading. So, focus on learning.
Tradelist45
Aug 11 2021 at 06:14
327 posts
demo is important for ensuring all basic knowledge but i dont like to trade in there , because there is no real money and we cant focus on there consistently , so i think micro account is the good solution,.
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