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There is a proverb that practice
Mar 02, 2021 at 03:58
Miembro desde Jul 19, 2020
posts 310
There is a proverb that practice makes a man perfect. Do you think that this proverb is suitable for Forex market. I think it is true. If you practice demo trading, follow the basic rules of Forex trading and thus in this way you can get proper training through this practice then you surely do better in Forex business.
Mar 02, 2021 at 05:28
Miembro desde Jul 19, 2020
posts 749
It is a simple fact that works not only in Forex but other things. Though perfection is one thing that is difficult to come by but the more we learn, the better trader we shall make. Practice helps a trader in no small way to get over the hurdles of learning easier.
Mar 02, 2021 at 07:59
Miembro desde Oct 16, 2020
posts 125
This is very true. If you are determined enough to learn trading, you will definitely get better at it with time. Demo trade for a good 6 months and then try going live with a small deposit. With real money, you will have a better learning experience and will learn to handle the pressure better.
Mar 05, 2021 at 08:09
Miembro desde Dec 28, 2020
posts 167
Yes the proverb is totally applicable for Forex trading. When I started trading I didn’t jump on the live account directly. I practice trading on a demo account and tested my strategy on demo first then applied it to the live account. Perfection always comes with practice only.
Miembro desde Nov 03, 2020
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Miembro desde Mar 17, 2021
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Mar 31, 2021 at 16:11
Miembro desde Mar 17, 2021
posts 494
Danielvittory posted:
You will have to practice hard if you want to make your trades work for you. No need to take a step if you are not sure about what you are doing.
Yes. If you want to become a good trader, you need to practice more and more.
Miembro desde Jul 23, 2020
posts 696
Mar 31, 2021 at 18:01
Miembro desde Jul 23, 2020
posts 696
Akasuki posted:
Yes practice is important in trading but one to need to practice in a systematic way. Random trading will not help. One needs to develop strategy by practicing on demo. Only then practice will be fruitful.
I also agree. Every trader needs to practice in order to improve their trading skills.
Miembro desde Apr 03, 2021
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Miembro desde Sep 12, 2017
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Miembro desde Mar 16, 2021
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Miembro desde Jul 20, 2020
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May 24, 2021 at 00:12
Miembro desde Mar 16, 2021
posts 447
WaltonCharles posted:LukeRachel posted:
To trade, it is necessary to develop skills first. It is not possible to make a profit without developing skills. So I develop skills by acquiring knowledge from different sites. And I keep practicing all the time.
I agree with you.
Thanks. It is very difficult to make a profit if you cannot develop skills.
May 25, 2021 at 14:58
Miembro desde Jul 19, 2020
posts 742
RobSchiz posted:AliaDare posted:
Yes, if I trade without practice, I can't trade. Practice can make me the perfect trader. So when I lose consistently I try to take out some time and do demo trading it helps to perfect my skills.
Practice on a demo account helps a trader to gain confidence and make proper decisions.
Yes, it is possible to develop skills by practicing the demo. Knowledge about many strategies is created.
Miembro desde May 27, 2021
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