Knowldge is important
Apr 01, 2020 at 03:35
Knowldge is very important and it is very difficult to trade successfully if you have no knowldge and skills to trade. So always learn the basics of Forex and it will be easy to make good money in Forex trading. You should get good tranning in Forex because Training gives a beginner trader confidence and autonomy to make trading decisions.
Mitglied seit Oct 22, 2019
33 Posts
Apr 13, 2020 at 12:12
Without knowledge, one can not succeed in forex trading. It gives you the confidence to trade efficiently and systematically in the market.
Mitglied seit Dec 09, 2019
60 Posts
Apr 23, 2020 at 07:28
And all the knowledge comes from demo trading..so you got to keep practicing on to get better in time.
Apr 28, 2020 at 12:12
I agree with you on all 120%. Without knowledge, you're gonna be a crappy broker. Besides, you need knowledge not only on some basic trading things, but also a little knowledge in politics, economics and a little psychology. In this way skillful brokers can make some predictions for the future. That is why brokerage is a constant work on yourself and a constant updating of information.
Mitglied seit Apr 29, 2020
3 Posts
Apr 29, 2020 at 08:10
I will say more, even experienced traders possessing a serious store of knowledge can lose their score.
Mitglied seit Jul 19, 2020
34 Posts
Aug 05, 2020 at 07:07
To trade in the forex market you need to have proper knowledge about the market. Without knowledge, you can not survive in the forex market. So, gather all knowledge about forex first to maek trade in the market.
Mitglied seit Feb 22, 2011
4862 Posts
Aug 05, 2020 at 07:25
You can actually start trading forex WITHOUT knowledge and gain some profits.
But it would be temporary and you run out of luck soon or later.
Then there is the hard stony road to vistory including lot of learning and discipline.
Going this way it helps you a lot to stay profitable long term.
But it would be temporary and you run out of luck soon or later.
Then there is the hard stony road to vistory including lot of learning and discipline.
Going this way it helps you a lot to stay profitable long term.
Aug 05, 2020 at 07:39
Definitely having proper knowledge about the forex trading and market can bring a huge change in your trading skill. It is very important to have the knowledge when it comes to that and without that, you would be having zero clue about your trading
Mitglied seit Jul 20, 2020
232 Posts
Aug 05, 2020 at 10:46
This is obvious that if your knowledge about forex is weak you can not make trade and can not make money. So knowledge is very essential for forex trading.
Mitglied seit Jan 11, 2019
147 Posts
Aug 06, 2020 at 08:33
I completely agree knowledge is very important. However, practicing your knowledge is also important. I believe whatever you read or learn practise the same on demo account for better understanding
