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What is the importance of knowledge?
Miembro desde Aug 17, 2022
posts 60
Miembro desde Jul 28, 2022
posts 11
Miembro desde Aug 17, 2022
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Aug 20, 2022 at 08:45
Miembro desde Aug 17, 2022
posts 39
Knowledge is the basic essential tool not just for trading but in every aspect, if you start trading without having proper knowledge then you can't expect the positive returns. Trading without knowledge is like you are trading with the intentions of losing more than winning.
Sep 16, 2022 at 04:56
Miembro desde Sep 15, 2022
posts 11
Through Forex education, newbies can get an exact idea about trading. It allows traders to develop and learn trading terminology, demo accounts, time frames, and trading software, which is an exceptionally important part when trading in the forex market.
Sep 17, 2022 at 07:24
Miembro desde Sep 14, 2022
posts 40
The only thing that can beat knowledge in forex trading is actually knowing what we are doing, just by watching the rates drop or rise, we can't be able to predict forex trading, there is a lot more to study and discover in order to succeed.
Miembro desde Jun 26, 2020
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Sep 19, 2022 at 11:42
Miembro desde Sep 14, 2022
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Knowledge will take you to the places where even your hard work won't, so we should never stop learning in any aspect. And for trading we should be updated about all the market news and trends which will help us to perform better in live trading.
Miembro desde Jul 26, 2022
posts 49
Sep 20, 2022 at 06:40
Miembro desde Apr 18, 2022
posts 51
I think you cannot advance as a trader unless you understand how to analyse a market and make right trading decisions. If a trader lack trading knowledge, he/she cannot place the good trades and expect to win. Traders can only understand how to manage the right trades and cover risk with proper forex knowledge.
Sep 29, 2022 at 09:11
Miembro desde Sep 29, 2022
posts 64
In any field, knowledge without practice is of no value.
BUT! If you don't get knowledge, you run the risk of being stupid. It is very important from childhood to acquire knowledge from all possible areas. And then choose one and become the best in it.
BUT! If you don't get knowledge, you run the risk of being stupid. It is very important from childhood to acquire knowledge from all possible areas. And then choose one and become the best in it.
Sep 29, 2022 at 12:24
Miembro desde Sep 15, 2022
posts 36
MovingCamper posted:Indeed right! Application of knowledge to the work is extremely important rather than just owing it.
Becoming knowledgeable is one thing but being wise enough to apply that knowledge in real time trading is what determines our success as a trader. So, we must focus on both aspects in order to become truly successful as a forex trader.
Miembro desde Feb 16, 2022
posts 119
Miembro desde Sep 06, 2022
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Oct 03, 2022 at 09:18
Miembro desde Sep 06, 2022
posts 26
The importance of knowledge in forex trading is that it allows traders to better understand the market and make better trades. This knowledge can be used to improve a trader's ability to predict trends, identify opportunities, and make informed decisions.
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