Acquiring knowledge is basic

Nov 23, 2020 at 14:33
1,855 Angesehen
42 Replies
Mitglied seit Jul 19, 2020   751 Posts
Nov 23, 2020 at 14:33
Acquiring knowledge is basic for being a successful a trader. You need to study and research a tremendous mark in case you want be a gainful trader. You need to learn specific edge and mental perspective of trading. You have to comprehend how to control your feelings. By then start with demo record to understand how as far as possible.
Mitglied seit Jul 19, 2020   318 Posts
Nov 23, 2020 at 19:19
Knowledge is the most important thing in forex trading. Without knowledge, you can not survive in this risky market.
Mitglied seit Jul 20, 2020   341 Posts
Nov 23, 2020 at 20:16
Yes. I completely agree with you. If you want to become a good trader, you need basic knowledge of forex.
Mitglied seit Jul 20, 2020   298 Posts
Nov 24, 2020 at 04:54
Trading is a psychological game. If one wants to be profitable by trading, one has to control emotions first. Success is very difficult but it will be easy to achieve success if you can trade long term with patience.
Mitglied seit Nov 02, 2020   36 Posts
Nov 24, 2020 at 07:24
Well said, as traders we have to gather information at every stage even when we have the basic knowledge. Gaining knowledge should be a continuous thing in the life of trader.
Mitglied seit Jul 23, 2020   869 Posts
Nov 24, 2020 at 13:47
I also agree. Knowledge is the main power source of trading. Many new traders jump into the market without knowing the basic and end up losing money.
Mitglied seit Sep 23, 2020   42 Posts
Nov 25, 2020 at 07:18
LyudmilLukanov posted:
I also agree. Knowledge is the main power source of trading. Many new traders jump into the market without knowing the basic and end up losing money.

True. Without knowledge it would be like trading with closed eyes so can't take it lightly at all.
Mitglied seit May 13, 2020   128 Posts
Nov 25, 2020 at 10:49
Knowledge is what will help you really achieve good results and understand the essence of trading, but I like that the Amarkets broker always has up-to-date information about new products in the market and in trading.
Mitglied seit Apr 15, 2020   219 Posts
Dec 08, 2020 at 07:19
Yes, I totally agree with this. In order to trade for the long term and earn profit, acquiring knowledge is important in forex . You need to research a lot and find out which strategy is suitable for you. Don’t start trading without basic knowledge otherwise you will end with losing money.
The more your practice, the more you learn.
Mitglied seit Oct 30, 2020   15 Posts
Dec 09, 2020 at 10:19
Yes, you do need to have some basic knowledge about the market and know how forex trading actually works.
Mitglied seit Sep 18, 2020   31 Posts
Dec 10, 2020 at 07:15
Without a good knowledge base, there's no fun is trading actually. We have to try to gather information at every phase if we want to succeed as a trader.
Mitglied seit Jul 20, 2020   341 Posts
Dec 28, 2020 at 20:18
A demo account is the best forex learning method for me. It helps a trader to learn all the basics and the techniques of forex perfectly.
Mitglied seit Jul 23, 2020   759 Posts
May 29, 2021 at 13:15
True. Learn the trading first and practice it in demo account.
Mitglied seit Jul 19, 2020   751 Posts
May 30, 2021 at 12:35
Learning is an ongoing process. There's always a range to improve knowledge and techniques. With changing market we constantly need to boost our skills. Otherwise we will be kicked out from the market.
Mitglied seit Jul 19, 2020   788 Posts
May 30, 2021 at 16:43
If I do not acquire trading knowledge, I cannot gain profit. A trader can make a lot of profit if he acquires knowledge properly.
Mitglied seit Mar 16, 2021   477 Posts
May 31, 2021 at 01:05
I have to make a profit by making knowledge. It is never possible to survive in trading without knowledge.
Mitglied seit Mar 28, 2021   617 Posts
May 31, 2021 at 10:55
Without skills, knowledge and experience consistent profit is not possible in the forex market. No matter how big your capital is! If you do not have enough skills, you wll lose all the money.
Mitglied seit May 31, 2021   48 Posts
May 31, 2021 at 11:00
True! Never dive into the ocean if you don't know how to swim. Forex is like an ocean, we should enter it with proper knowledge and skills. For this, a beginner trader can try demo trading accounts and improvise on the trades.
Mitglied seit Jul 27, 2020   81 Posts
May 31, 2021 at 11:04
Make a base for yourself that will give you the opportunity to apply it in practice and get a result
Mitglied seit Jun 30, 2020   90 Posts
Aug 06, 2021 at 06:16
If your theoretical base is of high quality, you can easily start working and avoid many mistakes
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