i always try to learn from m y past mistake , because i do believe the only way i have that cam make prefect one from all.
We can start Forex in a proper way, if we want to be a professional. Babypips School is the first choice of learning and besides this demo account must which is mainly considered the foremost place to acquire real basic knowledge which is very supportive to kick off a live account in a proper way.
There are many advantages in trading forex. With merely internet connection and PC you can do the trading from your bed. From the Monday morning opening in Australia to the night close in New York, the forex market never rests. In forex trading, a little deposit you can start trading. Leverage gives the trader the capacity to trade with small amount.
dennisstanley
Mitglied seit Nov 26, 2020
18 Posts
Feb 03 2021 at 04:28
It is not as easy as it seems and it does take some practice and learning. No one can be a forex trader in a day right.
LyudmilLukanov
Mitglied seit Jul 23, 2020
869 Posts
Feb 03 2021 at 07:35
dennisstanley posted:True. Success takes time even in trading. Also, the demo account is the best place for practice trading.
It is not as easy as it seems and it does take some practice and learning. No one can be a forex trader in a day right.
This market is too much volatile and there is nobody who can predict the real faction of this market with certainly , that’s why for keeping survive in here we the traders have to depend on our trading strategies that we select according to our trading experience. First of all we traders have to ensure real money managing plan if we get maximal result by our trading strategies.
KnowFinance
Mitglied seit Jan 16, 2021
85 Posts
Feb 04 2021 at 12:03
Everything seems tough in the beginning, with consistent learning and experience, everyone can do wonders in Forex trading.
knowledge and experience needed i agree with you , but it can be valueless if you dont have regular practice , so besides acquiring good knowledge its more appropriate to emphasis on practice session.
forextrader777
Mitglied seit Jan 16, 2021
133 Posts
Feb 06 2021 at 14:51
No doubt, forex seems tough for a beginner. But once you gain proper knowledge and experience, it will never be tough for you.
It’s common that in the beginning, you'll suffer losses. But the important part is analyzing those losses. Just keep in mind that you have to learn from your mistakes and refrain from repeating those mistakes.
It’s common that in the beginning, you'll suffer losses. But the important part is analyzing those losses. Just keep in mind that you have to learn from your mistakes and refrain from repeating those mistakes.
To do forex trading, first you have to give time for learning. It's a professional work that requires specific knowledge and skills. Once you have necessary skilled, you can do it just by spending one or two hours per day. But for learning you have to put your efforts and dedication. One more thing learning doesn't happen in one or two months. You have to spend good amount of time depending on your level of understanding and other factors.
Yes, it might seem to be too tough in the start, but eventually if a trader works hard on this skills, gives proper time to research and planning, then gradually trading won't seem that hard
lovefortrading
(perryjohn765)
Mitglied seit Sep 12, 2017
238 Posts
Feb 08 2021 at 08:03
nothing comes free or easy. if it would have been easy then every human being would have started trading.
having a losses is very common attitude and there is no one who
can avoid it in spite of having most powerful analyzing trade knowledge and experience.
can avoid it in spite of having most powerful analyzing trade knowledge and experience.
Maxwelljoe
Mitglied seit Oct 08, 2020
29 Posts
Feb 12 2021 at 11:01
dennisstanley posted:An experienced trader has gone through many losses and then only he was successful in making profits. That’s why he is considered as experienced.
It is not as easy as it seems and it does take some practice and learning. No one can be a forex trader in a day right.
Confidence is needed but over confidence is will harmful, sometime because over confidence then leading trader being greedy in trades, and dare to take high risk in trading witch actually the market very dynamic and not always after trader open trades then will directly get profit.
Maxwelljoe posted:You are very much correct. We all learn from our failures and in trading, you lose, you learn and then you earn.dennisstanley posted:An experienced trader has gone through many losses and then only he was successful in making profits. That’s why he is considered as experienced.
It is not as easy as it seems and it does take some practice and learning. No one can be a forex trader in a day right.
Maxwelljoe
Mitglied seit Oct 08, 2020
29 Posts
Feb 15 2021 at 10:34
starlavey posted:Infact, what I do is, I keep a track of all my trading strategies while trading through fxview and FXTM. So in situations of losses, with the help of my journal on myfxbook, I try to figure out why my strategy didn't work and then I do the changes accordingly. These things help in a better learning of the trading market, increasing the chances of profits.Maxwelljoe posted:You are very much correct. We all learn from our failures and in trading, you lose, you learn and then you earn.dennisstanley posted:An experienced trader has gone through many losses and then only he was successful in making profits. That’s why he is considered as experienced.
It is not as easy as it seems and it does take some practice and learning. No one can be a forex trader in a day right.
Maxwelljoe posted:How is fxtm in term of trading conditions?starlavey posted:Infact, what I do is, I keep a track of all my trading strategies while trading through fxview and FXTM. So in situations of losses, with the help of my journal on myfxbook, I try to figure out why my strategy didn't work and then I do the changes accordingly. These things help in a better learning of the trading market, increasing the chances of profits.Maxwelljoe posted:You are very much correct. We all learn from our failures and in trading, you lose, you learn and then you earn.dennisstanley posted:An experienced trader has gone through many losses and then only he was successful in making profits. That’s why he is considered as experienced.
It is not as easy as it seems and it does take some practice and learning. No one can be a forex trader in a day right.
Forex trading can be one of the simplest ways to earn money. You can earn a lot more money as a Forex trader than you would working retail. You also do not have to worry about the hassles of a regular job. You are basically your own boss if you are a full time trader.