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importance of skills

notoriousfox1
Aug 13 at 09:45
9 Posts
Yes demo is the best way to learn and practice. If you really want to learn the skills you have to use demo

croisssan
Aug 13 at 12:27
326 Posts
For a trader, the level of knowledge and experience plays one of the key roles. Without this, it is generally impossible to get a positive work result.

Jim_B
Aug 14 at 22:57
20 Posts
Getting the skills takes lots of time and practice and a lot of people don’t want to put it in. Personally I think the best way to do it is to trade on small accounts rather than demo so you can get a feel for trading with real money.

WaltonCharles
Aug 15 at 07:37
128 Posts
notoriousfox1 posted:
Yes demo is the best way to learn and practice. If you really want to learn the skills you have to use demo

A demo is the best way to learn forex properly.

croisssan
Aug 15 at 07:53
326 Posts
Without experience in this industry, there is essentially nothing to do. This can lead to at least losses, and maybe even worse.

Sar John (Sarjohn)
Aug 16 at 07:50
187 Posts
croisssan posted:
For a trader, the level of knowledge and experience plays one of the key roles. Without this, it is generally impossible to get a positive work result.
Also, if you have no trading plan, no trading strategy and you are just randomly trading then you can not make profit in trading.

imasal2020
Aug 16 at 08:33
1 Posts
I think Real account will help you feel more realistic in trading psychology.

BalPaper
Aug 25 at 19:33
9 Posts
I'm personally convinced that in trading activity a trader must have a harmony. So, I mean that skills, knowledge and experience must be in harmony. If you have all of these features and you understand that every feature matters a lot, you will be successful. Skills do mean nthing in case of lack of knowledge or experience. The same thing also is with experience. Experience matters nothing in case of lack of knowledge and skills, thus we have to strive to this harmony and develop these features evenly. Only in case of such approach traders can hope on success in trading activity, and actually not only in this activity.

UweMoench
Aug 26 at 12:49
589 Posts
@BalPaper Yes I agree with you. Skills, experience and knowledge should be in harmony. Along with this, a trader's profit expectation should match with his skills and experience.

croisssan
Aug 26 at 13:30
326 Posts
I think these are really the most important aspects for a trader. This is the only way traders have a chance to get a positive result.

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