Tradelist45
Member Since Jun 26, 2020
327 posts
Apr 08 2022 at 08:34
for learning demo experience sometimes doesn't work in really account, its really true. but that not mean , it is useless. beginners level of course minimum have to spend 3-5 months in here to ensure live trading experience.
It’s not easy to be called a successful trader in the forex market. It takes years of continuous effort and trading to become successful at trading forex. You will have to learn even when you think you have completed your course. You have to practice even if you have already made some profits. It’s just because learning never stops when you are a forex trader.
AndrewMcCalam54
Member Since Jun 12, 2021
132 posts
Apr 18 2022 at 08:22
learning is important no way to deny. its a long time approach , so need a patience first of all.
billysnyder
Member Since Jun 16, 2021
111 posts
Apr 25 2022 at 10:32
It depends on your goals and objectives. If you want to learn to trade and make money, then it is a good idea to earn through practice trading. But, if you want to learn how to trade, it is best to practice trading on a demo forex account. The reason is simple. You do not have any risk when you are trading on a demo account. You can learn to trade and make mistakes without real money. The third alternative is to gain some money before you start trading. The money will help you handle the financial aspect and reduce your risks.
Tradelist45
Member Since Jun 26, 2020
327 posts
Apr 26 2022 at 08:42
this is a fine reply with god information , got some fine lines.
No matter what you see in the advertisements, forex trading is a difficult task to do. You won’t be making profits from the beginning. In fact, the beginning would be the toughest part of your trading career. Give plenty of time to your learning so that you are capable of judging the market and making your moves accordingly.
You will have to work hard to reach where you want to. The market doesn’t give many chances to make money. You have to learn to find your chance of making a profit and build your trading plan as per that.
Tradelist45
Member Since Jun 26, 2020
327 posts
May 20 2022 at 08:13
learning is everything , but in spite of having much learning the result of trading can be useless if there is no regular level of practice.
With the advancement of technology and the internet, knowing and learning about the forex market, trading has become comparatively easier. Yes, one has to put in time and effort to acquire knowledge. But any information that you need is freely accessible. So we all need to take advantage of this opportunity and focus on learning well. But applying the learned knowledge into your trading decisions is the real challenge. And one who is good at this is called a skilled trader. Having knowledge is useless unless you know how to use that knowledge. Theoretical knowledge alone cannot help in forex trading. Practical knowledge comes from hands-on experience in the forex market itself. So we need to keep learning and practicing in order to become profitable forex traders in the long run.
You can learn how to trade forex. Forex trading is a high-risk, high-reward endeavour. Lots of information is available on the internet. It's there for you to use. However, as you know, real knowledge is gained through practice. For this, you should open a demo account and practice more. Demo accounts allow you to learn without putting any of your own money at risk.
As a trader, your primary objective should be to constantly improve your knowledge and skills. Nowadays, the Internet is the most important source of information. With a single click, you can access all the information you need. Don't give up. In order to be a successful trader, you must continue to learn.
NikkiStrickland
Member Since Jun 03, 2022
17 posts
Jun 15 2022 at 06:23
A trader should always take the concept of leverage very seriously, because being over leveraged can present significant risks, while if you choose to stay underleveraged, it may minimise your earnings potential. Leverage must be used only within its logical limits, as its effect on both gains and losses can get magnified. As a beginner, you should consider limiting your leverage to a maximum of 10:1. Or to be really safe, 1:1. Trading with too high a leverage ratio is one of the most common errors made by new forex traders.
Afterpiece
Member Since May 13, 2022
34 posts
Jul 22 2022 at 04:22
Learning forex trading is not an easy undertaking, as many people believe. Learning is an ongoing process that is vital for everyone, whether they are beginners or experts. A good trading strategy, hard work and market knowledge, determination, and a genuine desire to succeed can all help you achieve your objectives.
Danny Gilbert
(Whitethroat)
Member Since Aug 04, 2021
30 posts
Jul 22 2022 at 13:00
I would advise you to surround yourself with people who trade Forex.
Together you will learn to understand the market much faster.
Together you will learn to understand the market much faster.
Movement is life
Paul Ngonian
(PaulGerard)
Member Since Jul 13, 2022
3 posts
Jul 23 2022 at 08:57
Learning forex trading is a continuous endeavor.
Learning about forex market and how to trade it isnt a big issue. Nowadays, all the brokerage firms have educational resources available for beginners on their website. So, learning about forex is easy.
The part of the equation that we all ignored at the beginning is 'learning about oneself and his/her relationship with money'. The broker is not going to give you that part of the lesson, in the process of learning to trade profitably the forex market.
So, Instead of devoting all the time to learn about all the technical stuffs about forex trading, focus more on the psychological, once you understand the movement of the market. Because you must 'become one with the market' before you can 'have success as a trader'.
Learning about forex market and how to trade it isnt a big issue. Nowadays, all the brokerage firms have educational resources available for beginners on their website. So, learning about forex is easy.
The part of the equation that we all ignored at the beginning is 'learning about oneself and his/her relationship with money'. The broker is not going to give you that part of the lesson, in the process of learning to trade profitably the forex market.
So, Instead of devoting all the time to learn about all the technical stuffs about forex trading, focus more on the psychological, once you understand the movement of the market. Because you must 'become one with the market' before you can 'have success as a trader'.
Master thyself, trade well and create wealth. No Signal No Trade. No Stop-Loss No Entry. In Profits Pay Yourself.
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