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Confidence is very important

Sar John (Sarjohn)
Apr 29 at 08:40
187 Posts
Agreed, Confidence is very important in trading, And it comes with knowledge and practice only. Practice on demo and when you feel you are making consistent profit on demo then only shift to live trading.

Mohammadi
May 01 at 08:03
886 Posts
confidence is very important but over confidence could be dangerous , so we have to leave this bad trading habit to make sure a healthy trading life with certainly.

Akasuki
May 01 at 12:11
338 Posts
Yes confidence is the key to success. But some people get overconfident. Real confidence comes from knowledge and skills. If you have enough knowledge and skills you will feel confident.

SteveHanks
May 21 at 17:55
450 Posts
Sarjohn posted:
Agreed, Confidence is very important in trading, And it comes with knowledge and practice only. Practice on demo and when you feel you are making consistent profit on demo then only shift to live trading.

Practicing on a demo account will help a trader to build his career with full of confidence.

Ariest
May 23 at 07:23
29 Posts
Those who work and trade confidently achieve the best results possible, despite the mistakes they make.

WaltonCharles
May 23 at 20:09
128 Posts
Ariest posted:
Those who work and trade confidently achieve the best results possible, despite the mistakes they make.

They always make their mistakes into the learning things.

Suradi (FXOday)
May 23 at 23:20
170 Posts
SteveHanks posted:
Sarjohn posted:
Agreed, Confidence is very important in trading, And it comes with knowledge and practice only. Practice on demo and when you feel you are making consistent profit on demo then only shift to live trading.

Practicing on a demo account will help a trader to build his career with full of confidence.

Demo account like as first stage to exercise, but still good for training skills, it will depend on each trader how to treat the demo, if seriously I think it worth, and help, much in real trading which this is like an as real battle, which already involved all things, psychology, strategy, risk and money management.

RobertFerrari
Sep 07 at 18:10
218 Posts
Mohammadi posted:
confidence is very important but over confidence could be dangerous , so we have to leave this bad trading habit to make sure a healthy trading life with certainly.

Yes. Confidence is good but overconfidence can be dangerous for any trader.

Unellene
Sep 08 at 12:52
283 Posts
confidence should be in your every action, if there is no such, it means that there is no understanding of what you are doing, as practice shows

Marcel Durham (MarcellusLux)
Sep 09 at 10:31
94 Posts
I see no reason to start trading without confidence in a system. If you don’t believe, then don’t do it, come back when you’re confident and practice until every planned trade and every action is saturated with confidence.

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