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Those who can't learn will be eliminated by the market
Mitglied seit Jan 22, 2021
132 Posts
May 27, 2021 at 15:34
Forex needs time and proper trading mindset. This can be only developed by careful understanding of forex market, what major forces are driving it and their impact. Always look for forex related news to know what is going on, this helps you to analyse the market in better way.
May 28, 2021 at 06:52
blackChelsea posted:
Forex needs time and proper trading mindset. This can be only developed by careful understanding of forex market, what major forces are driving it and their impact. Always look for forex related news to know what is going on, this helps you to analyse the market in better way.
Thats right. Proper market update, along with core understanding of fundamentals, technicals can help you to take the correct trading decisions
The more your practice, the more you learn.
Mitglied seit Mar 17, 2021
494 Posts
Oct 06, 2021 at 17:36
UweMoench posted:
Yes if you are not skilled enough, eventually you will be kicked out from the market. There is no place for unskilled people in the Forex market.
I agree with you. Proper knowledge is mandatory in this market.
Oct 14, 2021 at 18:14
That's an exact statement I guess. Those traders who aren't eager to learn and practice will be expelled by market, because the main idea of trading activity is that traders must always upgrade their skills and fill the knowledge base, otherwise everything what they do is just for nothing. It's kinda clear idea and there is no need to explain it to the mass. Such traders who ddon't want to learn something new, they just blow their accounts and leave trading forever, however there are some traders who once have come to trading, blew their accounts and now they decided to join community one more time, but considering all the previous mistakes. Such ones deserve respect.
Mitglied seit Jul 20, 2020
385 Posts
Oct 15, 2021 at 07:01
Dorofeev posted:
That's an exact statement I guess. Those traders who aren't eager to learn and practice will be expelled by market, because the main idea of trading activity is that traders must always upgrade their skills and fill the knowledge base, otherwise everything what they do is just for nothing. It's kinda clear idea and there is no need to explain it to the mass. Such traders who ddon't want to learn something new, they just blow their accounts and leave trading forever, however there are some traders who once have come to trading, blew their accounts and now they decided to join community one more time, but considering all the previous mistakes. Such ones deserve respect.
Completely agree, coming in and out is very difficult to do. If you want consistent results you have to be consistent in training, learning and above all trading your rules
Mitglied seit Apr 09, 2019
516 Posts
Oct 15, 2021 at 14:38
CraigMcG2020 posted:Dorofeev posted:
That's an exact statement I guess. Those traders who aren't eager to learn and practice will be expelled by market, because the main idea of trading activity is that traders must always upgrade their skills and fill the knowledge base, otherwise everything what they do is just for nothing. It's kinda clear idea and there is no need to explain it to the mass. Such traders who ddon't want to learn something new, they just blow their accounts and leave trading forever, however there are some traders who once have come to trading, blew their accounts and now they decided to join community one more time, but considering all the previous mistakes. Such ones deserve respect.
Completely agree, coming in and out is very difficult to do. If you want consistent results you have to be consistent in training, learning and above all trading your rules
Consistency in all aspects of life is how things get done. Whether than be change of habits, building a business, learning to trade or do anything else.
If you can't spot the liquidity then you are the liquidity.
Mitglied seit Jun 14, 2021
51 Posts
Nov 01, 2021 at 04:19
Entering into the Forex market without having any knowledge can be very risky. Because you won't be able to understand the movement, currency fluctuations, currency pairs that are profitable and other related techniques and tools. It’s such a waste of time to enter the market without learning about it.
Mitglied seit Jan 22, 2021
132 Posts
Nov 01, 2021 at 10:15
Thread title justifies everything here. No learning No earning!
Nov 02, 2021 at 00:14
No matter how many books you read and visit the website for trading education. Forex risky business is here to stay. If you want to earn consistently, you have to do risk-free trading. So you have to trade with an adequate education.
Mitglied seit Jun 17, 2021
44 Posts
Nov 09, 2021 at 05:38
Your knowledge is what helps you stay safe in the market and grow with time. Your goal is not just to make money but also to protect what you already have in your pocket. So, just learn to play safe so that you don’t regret your moves.
Mitglied seit Dec 25, 2019
20 Posts
Nov 11, 2021 at 08:22
Well, I think that it should sound like"those who don't want to learn", because when you can't learning something then you won't be able to learn trading activity, you just don't know how to do it. However, I totally agree with this stement and believe that those traders who just want to get their money right away without any efforts will be definetely eliminated by the market. Of course, there are some traders who learn but they still have mistakes and losses, it's okay, every trader has passed this stage and after you pass it, new doors will be opened for you in trading activity I bet.
Mitglied seit Jun 09, 2021
42 Posts
Nov 15, 2021 at 07:24
The market is ever-changing and you have to keep moving with it. If you think you will be good even if you don’t do anything, you might not be able to survive in the market. You have to keep updating your knowledge and your trading plans to ensure that you don’t lag behind.
Nov 19, 2021 at 04:59
Learning is an essential element when you are trading forex because, without learning, you will not be able to know what is happening in the market. Traders with a lack of information and knowledge will always lose and never succeed.
Mitglied seit Jun 19, 2020
38 Posts
Nov 26, 2021 at 04:35
I don’t know why but the title reminded me about the basic law of survival, that is, “ It’s not the strongest that survives, nor the most intelligent but the one that is most adaptable to change” I am impressed how it goes perfectly well with the market. It’s important to learn and evolve to be able to survive in this challenging market.
