oshaban posted: Good question ... Sorry to write directly without reading all the pages. My answer could be already written here ...
My personal history for gaining experience is like this ... 'Never ask a question about forex before you did big search to find the answer'. This means, you will work harder, learn more things while searching for answers. In case, you can't find the answer you are looking for, you may ask for it. The reason for doing this is to gain more knowledge and also to make the answer stick in your memory because you spent more time to get it. Easy come is easy to go.
If you follow this rule, sure, by time you will have more experience by time.
I guess there is nothing difficult to understand. You just enter trading activity with no experience at all. After you will make couple of deals you start to analyze your deals in orde to understand what was going on and why the price possibly was fallen or vice versa was grown. By these steps you try to understand the graphics and find the mistakes in your trading strategy or trading strategies. You gradually get acquainted with the mechanics of price, like demand and supply and other things. Actually, when you're a trader you won't even notice how you will gain enough experience and the great indicator of that is that you start get less losses.
Experience comes from practice and time in the markets where you will spot certain things is you are observant. You can do that on demo if you don't want to risk money. But inaction provides you with nothing. So too will learning but not practicing. Winning or losing trades all come with their lessons and this is where your experience is built from.
If you can't spot the liquidity then you are the liquidity.
To gain experience of trading, demo trading is the best place to start. Once you have obtained an idea of the trading platform and the market, you can open your live account, but keep your investments and risks low.
It's gained only due to practicing and there are no other things which can bring experience. Atually, it realtes not only to trading activity, it basically relates to any other kinds of activities, because practie is something that teachs your brain what to do in particular situations. I believe that the more trades you make, the more mistakes you have, the more experience you get. You can get a year experience just in couple of months, just because you made plenty of mistakes or you made lots of successful trades. Remember that only successful trades teaches you ad bring you real experience, mistakes are just bad experience, which also play its role in trading activity.
As in all things in life, experience comes from learning from your successes and from others, but more importantly, learning from your mistakes and from others so you won't repeat them again. That's how we all learn and evolve.
Integrity is the seed for achievement. It is the principle that never fails. - Earl Nightingale
Experience comes to forex traders by practising and learning the best method to use for themselves. It is important to remember that there are no shortcuts or quick ways to make lots of money in forex trading. There are always trading risks involved in forex trading, but if you start by doing research and learning about the forex market, it can help put you at an advantage over other beginners.
Experience comes with time, and it is the only way we gain knowledge. Traders who have spent their time on the markets have already accumulated enough experience to know what is good for them and what isn't. After gaining experience; you will be able to know what works for you and what doesn’t, and trade the way that is best for you.
Experience comes when you apply the lessons you learn from your trades. Traders who grow always backtest their strategies and keep a progressive learning attitude. The best way is to maintain a trading journal. This will help traders to identify where they are lacking and have a better understanding of their trading approach and gain experience as a trader.
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UPOZORNĚNÍ NA VYSOKÉ RIZIKO: Obchodování s devizami přináší vysokou úroveň rizika, které nemusí být vhodné pro všechny investory.
Páka vytváří další rizika a ztráty. Než se rozhodnete obchodovat s devizami, důkladně zvažte své investiční cíle, úroveň zkušeností a toleranci vůči riziku.
Můžete přijít o část nebo všechny své počáteční investice. Neinvestujte peníze, které si nemůžete dovolit ztratit. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Všechny údaje a informace jsou poskytovány "tak, jak jsou". pouze pro informační účely a nejsou určeny pro obchodní účely nebo rady.
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