There is a proverb that practice
Mitglied seit May 27, 2021
57 Posts
May 29, 2021 at 10:59
According to me, practice is the only key to profitable trading. Consistent practice and determination never lets a trader bear losses.
Mitglied seit Jan 01, 2021
20 Posts
Jun 12, 2021 at 10:54
Yes, this is very much true and following this proverb you can make a good amount of money. Proper knowledge comes with proper practice. Forex trading is all about using your skills and trading at the right places.
Mitglied seit Feb 20, 2021
53 Posts
Jun 29, 2021 at 08:15
Practicing in demo trading accounts will surely help the beginner traders understand the real market. And this proverb too fits for all the forex traders. More the practice, more the developments in skills.
Mitglied seit Jun 15, 2021
8 Posts
Jun 29, 2021 at 09:15
Those that focus on practice and improving their skills will do much better than those just focused on making profit
Jun 29, 2021 at 12:16
@spacexdragon Exactly. You are right. But unfortunately most people focus on making money without developing enough skills. That's why most traders are losing money.
Mitglied seit Jun 16, 2021
15 Posts
Jul 05, 2021 at 08:13
Of course yes. This proverb ‘practice makes a man perfect’ will fit perfectly for all the forex traders. How much they practice and learn will eventually reflect in their trade successes.
Mitglied seit Dec 18, 2019
14 Posts
Oct 06, 2021 at 19:22
Guess that practicing is one of the inevitable parts of trading activity, otherwise you just waste your time. Of course, there are some traders who prefer only theoretical approach to any kinds of activity and they believe that if they know all the theories, then it will be easy to handle practice, however it's not about trading at all. As far as I concerned, practicing brings traders much more experience than theory, but we shouldn't underestimate the role of theory in this case. I just want to tell that we shouldn't neglect both practicing and theory. Everything must be combined and stay in harmony. Something like that.
Mitglied seit Nov 03, 2021
9 Posts
Nov 03, 2021 at 11:20
To be successful at Forex you need to practice for years and years and even then there can be months of drawdowns
Mitglied seit Jul 23, 2020
759 Posts
Dec 07, 2021 at 22:35
There are plenty of options to practice forex trading. You can practice it in a demo account.
Mitglied seit Jul 23, 2020
869 Posts
Dec 09, 2021 at 20:45
Practice is one of the most important things that can help you become better at forex trading.
Dec 28, 2021 at 06:52
Not only in forex trading but this applies everywhere in life. Trading gets better with time and practice. There is no fixed strategy that will work every time. Developing a quality analysis takes time and it only comes with practice.
Mitglied seit Dec 05, 2020
81 Posts
Dec 28, 2021 at 07:16
Michihito posted:This is why I constantly keep on practicing so that I can trade better in future.
practice makes a man perfect
Mitglied seit Mar 16, 2021
477 Posts
Dec 29, 2021 at 02:07
Nakedize posted:The more time you spend on trading, the better the results. Practice and perseverance will take me further in trading.
Not only in forex trading but this applies everywhere in life. Trading gets better with time and practice. There is no fixed strategy that will work every time. Developing a quality analysis takes time and it only comes with practice.
Mitglied seit Oct 29, 2021
70 Posts
Dec 30, 2021 at 04:43
If a person performs a task regularly, the performance of the task would keep on increasing with time. Same is the case in forex trading. If a trader continuously practises trading, he/she will keep on getting better overall returns. This practice may be on a demo account or a live account.
