There is no easy way of learning. Learning is not like a school exam where you can pass the exam by following short cut. Trading is a skill. You have to learn it properly. How much time it will take depends on your level of understanding and present knowledge you have.
Spend that time for learning. For actual trading you do not need that much time but for that you have to learn to trade on D1 chart. No matter what strategy you follow it doesn't take much time to find a good set up. Either there's a good set up or not. It's the fear of losing opportunity that creates the problem. So invest your time in learning.
LyudmilLukanov
Mitglied seit Jul 23, 2020
869 Posts
Jan 22 2021 at 17:24
Spend time as much as possible in order to learn trading. New traders should spend at least 4 months in demo trading.
SofieAndreasen
Mitglied seit Jul 23, 2020
759 Posts
Jan 24 2021 at 17:51
Michihito posted:It is true that there is no shortcut to achieve success in trading. Success also take long time.
There is no easy way of learning. Learning is not like a school exam where you can pass the exam by following short cut. Trading is a skill. You have to learn it properly. How much time it will take depends on your level of understanding and present knowledge you have.
Yes, forex is a risky business and you can not learn in a day or two. Spen d your most the time to learn it and also practice over demo account for at least 3 months.
forextrader777
Mitglied seit Jan 16, 2021
133 Posts
Jan 27 2021 at 03:52
There are no shortcuts to learning. Learning is the only way out through which you can acquire a proper skill set and then only you can become a successful trader.
Make yourself capable first for trading. Invest your time for learning. Most traders start to run for different strategies. They ignore the learning process. As a result they drop from the market very soon. Focus on developing skills.
LeonRocky3
Mitglied seit Jan 13, 2021
29 Posts
Jan 27 2021 at 19:57
Just have to put the effort in and keep at it
In a real-world such as forex trading, there is no grade or exam for your learning, the only grade is your profits and losses.
Forex trading is the combination of knowledge, skills, and experience, plus the ability to control our emotions.
Forex trading is the combination of knowledge, skills, and experience, plus the ability to control our emotions.
richardmarcus
Mitglied seit Oct 07, 2020
104 Posts
Jan 28 2021 at 04:33
Michihito posted:Rightly said hardwork and patience always pays off
There is no easy way of learning. Learning is not like a school exam where you can pass the exam by following short cut. Trading is a skill. You have to learn it properly. How much time it will take depends on your level of understanding and present knowledge you have.
Michihito posted:Agreed. I would say that it is very good to self study on what forex trading is all about. When you do self study, you are taking it serious and it shows.
There is no easy way of learning. Learning is not like a school exam where you can pass the exam by following short cut. Trading is a skill. You have to learn it properly. How much time it will take depends on your level of understanding and present knowledge you have.
KnowFinance
Mitglied seit Jan 16, 2021
85 Posts
Jan 30 2021 at 15:00
UweMoench posted:Exactly, learning is the primary step which must be followed before trading.
Spend that time for learning. For actual trading you do not need that much time but for that you have to learn to trade on D1 chart. No matter what strategy you follow it doesn't take much time to find a good set up. Either there's a good set up or not. It's the fear of losing opportunity that creates the problem. So invest your time in learning.
We joined in this trading place because of earning money hugely. But after passing sometimes we can realize how much difficult this one , so before entering in here beginner trader should know the reality . it can support them for avoiding loss.
There are no shortcuts when you are learning. You have to learn each and everything to make use of it while trading. Remember, your knowledge is the biggest tool you have while trading.
It seems to some that just by reading this information about the Forex market, everyone will be able to trade at once, this is absolutely not the case, because here it will be possible to understand many points.
LyudmilLukanov
Mitglied seit Jul 23, 2020
869 Posts
Feb 01 2021 at 17:42
Bunaya posted:Trading is easy even making profit. But making consistent profit is another matter.
It seems to some that just by reading this information about the Forex market, everyone will be able to trade at once, this is absolutely not the case, because here it will be possible to understand many points.
Trading education is very difficult. There is a lot of research and information to be collected. And always have to participate in trading through analysis.
LyudmilLukanov posted:I agree on that, consistency part is the most difficult.
Trading is easy even making profit. But making consistent profit is another matter.