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importance of skills
Sep 22, 2020 at 12:32
Mitglied seit Jul 19, 2020
298 Posts
To think like a great trader you have to attain the skills of a great trader. Forex trading is a work of professional. You need specific knowledge and skills. It is not that you come and learn how to buy and sell and start making money.
Sep 22, 2020 at 13:11
Mitglied seit Jul 19, 2020
751 Posts
Skill is the only thing we need to get success in trading. Market analyzing skills and emotions control skills both are needed. And it takes time to get those skills. So there is no short cut to make money in forex. It seems easy but it's not.
Mitglied seit Jul 20, 2020
341 Posts
Sep 23, 2020 at 00:55
Mitglied seit Jul 19, 2020
788 Posts
Results in Forex trading depend on your experience. The more you develop the skill, the faster the profit will increase. Trading requires a combination of many strategies and if the combination is not good, it is not possible to succeed. So it is very important to develop skills.
Mitglied seit Jul 19, 2020
318 Posts
Sep 25, 2020 at 08:30
Mitglied seit Apr 15, 2020
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Mitglied seit Jul 20, 2020
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Oct 28, 2020 at 13:28
Mitglied seit Jul 23, 2020
869 Posts
Visser01 posted:Yeah, you are right. Demo practicing is the best way to do that. I recommend not to invest money first without demo practicing.
The more skilled a trader. obviously better the results.
Beginners should aim at Developing their skills and knowledge, that'll take them far.
Oct 29, 2020 at 13:16
Mitglied seit Jul 19, 2020
751 Posts
People know that they need skills but they are not willing to give time in learning. They become restless to make money that after few months demo trading they jump into live trading. Then their run for a ready made strategy begin.
Mitglied seit Jul 20, 2020
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Mitglied seit Mar 16, 2020
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Nov 09, 2020 at 08:54
Mitglied seit Aug 09, 2017
785 Posts
We always advised by the senior traders and experts just for learning. but I think we the newcomers have to practice trading besides learning process. Demo account is more appropriate for them and as a learning Process newcomers can depend on Pips School.
Mitglied seit Aug 27, 2017
994 Posts
Mitglied seit Jul 23, 2020
759 Posts
Jun 10, 2021 at 22:56
Mitglied seit Apr 03, 2021
470 Posts
Yes, maybe we need to change the main mindset, although the main goal become forex trading is making money, but here loss also as part of the game, so trading with fun and trading with rush maybe will different result, mostly trading with fun will more controlled than rush trading
Jun 11, 2021 at 05:53
Mitglied seit Apr 15, 2020
219 Posts
FXOday posted:trading with rush will lead to emotional decisions which are ultimately losing decisions. I completely agree with you
Yes, maybe we need to change the main mindset, although the main goal become forex trading is making money, but here loss also as part of the game, so trading with fun and trading with rush maybe will different result, mostly trading with fun will more controlled than rush trading
The more your practice, the more you learn.

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