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importance of skills
Miembro desde Jun 26, 2020
posts 327
Aug 03, 2021 at 12:14
Miembro desde Jul 22, 2021
posts 9
reece22 posted:#That is interesting but It makes sense now you point it out. That makes me feel better about using demo now
what most experienced traders wont tell you is they still use demo accounts, this is because some days they like to practice and not worth it on a live account
Aug 11, 2021 at 19:05
Miembro desde Aug 24, 2020
posts 11
There is a positive correlation between the level of the skills and success in trading. The more skills you have, the better your trading results are. I doubt that there are any successful traders who are completely ignorant of economic and trading aspects and who base their decisions on gut-feeling.
Miembro desde Aug 04, 2021
posts 9
Aug 14, 2021 at 22:57
Miembro desde Feb 11, 2020
posts 24
Getting the skills takes lots of time and practice and a lot of people don’t want to put it in. Personally I think the best way to do it is to trade on small accounts rather than demo so you can get a feel for trading with real money.
Aug 16, 2021 at 07:50
Miembro desde Dec 28, 2020
posts 187
croisssan posted:Also, if you have no trading plan, no trading strategy and you are just randomly trading then you can not make profit in trading.
For a trader, the level of knowledge and experience plays one of the key roles. Without this, it is generally impossible to get a positive work result.
Miembro desde Aug 16, 2021
posts 1
Aug 25, 2021 at 19:33
Miembro desde Oct 31, 2020
posts 16
I'm personally convinced that in trading activity a trader must have a harmony. So, I mean that skills, knowledge and experience must be in harmony. If you have all of these features and you understand that every feature matters a lot, you will be successful. Skills do mean nthing in case of lack of knowledge or experience. The same thing also is with experience. Experience matters nothing in case of lack of knowledge and skills, thus we have to strive to this harmony and develop these features evenly. Only in case of such approach traders can hope on success in trading activity, and actually not only in this activity.
Miembro desde Jun 14, 2021
posts 5
Aug 27, 2021 at 13:18
Miembro desde Jun 14, 2021
posts 5
@UweMoench I agree that skills, experience and knowledge are important aspects of trading but I want to add another important element to it which is often underestimated, that is, self-control. It is very common for a trader to weigh down under his emotions and see his strategies failing miserably. A good trader must be able to control his emotions to succeed in trading.
Miembro desde Mar 17, 2021
posts 536
Miembro desde May 10, 2019
posts 27
Aug 31, 2021 at 12:25
Miembro desde May 10, 2019
posts 27
The importance of skills in trading cannot be exaggerated. Trading without skills is a gambling which will lead to the total loss of the deposit. By skills I mean not only the skills to analyse the market, but also skills to manage your money and risks and also to control your psychological state. The most interesting thing is that you cannot just acquire some skills and stop improving yourself. You need to constantly developing your skills in order to catch up with the market which is constantly changing. If you don't change with it, you are sure to lose.
Miembro desde Mar 17, 2021
posts 536
Dec 26, 2021 at 09:14
Miembro desde Jul 19, 2020
posts 788
croisssan posted:Knowledge development is very important. It is very important for the trader to gain knowledge about this subject.
Knowledge and experience in the process of work play a really important role. In my opinion, this is really the most important aspect.
Miembro desde May 31, 2021
posts 48
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