Learning is a nonstop procedure. You have to proceed with this procedure. Usage of the learning is hard in trading. One should fathom the forex market advancement and astutely hypothesize the possible market improvement and in this way trade in like manner with bolstered and strong speculation for making due in the forex promote.
Gracewilson1995
Mitglied seit Jan 11, 2019
147 Posts
Oct 17 2020 at 07:04
Learning is only helpful when we also practise it by trading.
You say everything correctly, trading and training should go in parallel, then there will really be a result
GeorgeBischof
Mitglied seit Jul 19, 2020
318 Posts
Oct 17 2020 at 10:58
Learning is a must thing for every trader. Without proper learning, it will be quite tough for any trader to survive in this market.
Yes you are absolutely right. Learning never stops. If we stop learning, our progress will stop. It's a never ending process. Learning could be by studying or by experience but it should continue.
SofieAndreasen
Mitglied seit Jul 23, 2020
759 Posts
Nov 09 2020 at 16:20
Gracewilson1995 posted:That’s true. Practical knowledge is also important. If I learn something about new strategy, I always test it according to my trading plan.
Learning is only helpful when we also practise it by trading.
donelderly
Mitglied seit Nov 12, 2020
22 Posts
Dec 09 2020 at 09:44
Your knowledge will only work if you practice also. Without practice, it will be useless.
Henreyedwards
Mitglied seit Oct 23, 2020
21 Posts
Dec 16 2020 at 11:52
Learning is a continuous process in forex and the more you learn, the better your trades will get in time. Knowledge and practice are very important in forex trading.
There is no end to trading education. There is a lot to learn that it is not possible to survive in trading without learning.
Jude_craig
Mitglied seit Dec 05, 2020
81 Posts
Dec 17 2020 at 06:48
donelderly posted:
Your knowledge will only work if you practice also. Without practice, it will be useless.
Exactly, Knowledge has to be put to action if they want to achieve results.
no way to avoid the importance of demo trading , bu the main problem is , the experience we took from demo practically not works when trading in a live account. so, traders don't believe the importance of this trading place.
Mohammadi posted:
no way to avoid the importance of demo trading , bu the main problem is , the experience we took from demo practically not works when trading in a live account. so, traders don't believe the importance of this trading place.
Correct. No doubt there exists this difference between demo and live account. Yet a beginner should in no way skip practicing on a demo account before going live. Its there's for a reason. Better practice first before flying.
illscarce874
Mitglied seit Nov 17, 2020
24 Posts
Jan 12 2021 at 08:45
Yes, even the advanced traders get to learn something new now and then. Learning is a process that is ever present.
It is important to understand the significance of learning. Even for an advanced trader, it never stops and they get to learn new things everyday.
That's right! I still see so many of my good experienced friends who are into trading, scrolling down texts and sites to get clearer ideas about what they do and how they can achieve it better. There is no level, where one can say that he has learnt it all, the process is endless for sure.
Pointingmark
Mitglied seit Sep 30, 2020
28 Posts
Feb 27 2021 at 04:56
Zipp7 posted:I see it as an active process where the trader keeps looking for something, be it a tip or some advice on their trades. Quite an interesting process.
That's right! I still see so many of my good experienced friends who are into trading, scrolling down texts and sites to get clearer ideas about what they do and how they can achieve it better. There is no level, where one can say that he has learnt it all, the process is endless for sure.
inspirenez
Mitglied seit Jun 15, 2020
59 Posts
Feb 27 2021 at 07:28
At some point, it becomes a kind of need to adjust with the market and know how things work there. As far as learning goes, it is present in every step starting from finding a broker to opening an account to trade.
I think main problem is emotion like fear, greed. We do not encounter those in demo account.
Pointingmark
Mitglied seit Sep 30, 2020
28 Posts
Mar 01 2021 at 04:53
inspirenez posted:Yeah learning never leaves you mate! Anyway, what brokers should I use for GBP/USD?
At some point, it becomes a kind of need to adjust with the market and know how things work there. As far as learning goes, it is present in every step starting from finding a broker to opening an account to trade.