Imamul posted:
in trading
how much time you have passed for practicing , its not a deal ,
the main deal is how was your effort when practicing.
One cannot standardize the amount of time and practice one should put in for trading . Trading is not something you can learn within a stipulated time frame . Its benefits can only be reaped with limitless practice . Every trade adds to a traders knowledge and experience and helps him to do better in future. So forget about time and practice and observe as much as you can to be a successful trader.
You do not need to study to trade on Forex :)
And to become a successful trader, you need to learn and practice all your life.
I recently read about a man who was explained everything in two hours and he started trading. I do not know how this is possible, because I have been in Forex for many years and have not yet become a super successful trader.
And to become a successful trader, you need to learn and practice all your life.
I recently read about a man who was explained everything in two hours and he started trading. I do not know how this is possible, because I have been in Forex for many years and have not yet become a super successful trader.
Tygotaylor
Miembro desde Oct 22, 2019
posts 33
Oct 29 2019 at 11:35
AhTai posted:Great. Even i do the same. Use demo account to try out new methodologies.
I trade real and demo accounts. Real account for strategies that I have confidence in and demo for new things that I am trying out
Adribaasmet
Miembro desde Aug 27, 2017
posts 994
Oct 29 2019 at 16:54
Tygotaylor posted:AhTai posted:Great. Even i do the same. Use demo account to try out new methodologies.
I trade real and demo accounts. Real account for strategies that I have confidence in and demo for new things that I am trying out
From the last 5 years I have been doing live trading but till now I am active on demo; since I need to update my own trading strategy!
Tygotaylor posted:AhTai posted:Great. Even i do the same. Use demo account to try out new methodologies.
I trade real and demo accounts. Real account for strategies that I have confidence in and demo for new things that I am trying out
That’s the beauty of demo; it’s totally free but so much effective to practice new things!
GeorgeBischof
Miembro desde Jul 19, 2020
posts 318
Sep 01 2020 at 18:17
I also think that if you do practice and give time to your trading you can make money easily and consistently.
The more you practice in trading, the more the trader's experience will develop. Practice can make a trader perfect. The more you practice trading, the better the trading results will be. And every trader should trade with long time target because in long time trading results are very good.
Time and practice - how much of them is needed, it depends and varies from trader to trader, their skills, passion, grasping power and knowledge
LeviSievwright5
Miembro desde Jul 20, 2020
posts 298
Sep 03 2020 at 03:05
How long a trader has been trading is not important. How much that trader has developed his skill is important. Because when you trade with good experience, you will face less loss. So first you have to learn trading then you have to look at profit. If a trader trades with a long time target, he will one day be a successful trader.
smith_fx posted:Imamul posted:
in trading
how much time you have passed for practicing , its not a deal ,
the main deal is how was your effort when practicing.
One cannot standardize the amount of time and practice one should put in for trading . Trading is not something you can learn within a stipulated time frame . Its benefits can only be reaped with limitless practice . Every trade adds to a traders knowledge and experience and helps him to do better in future. So forget about time and practice and observe as much as you can to be a successful trader.
That's been really nicely put to words. At the end of the day, the fruits of hard work shall always be received. But for that we really need to work hard without thinking much about the results. So keep calm and continue trading and learning.
ElliotCooke
Miembro desde Jul 20, 2020
posts 341
Sep 07 2020 at 18:28
Time and practice both are very much needed to make money fro this market. Both are very important for every trader.
The more time you spend on trading per day, the faster you develop practice and, as a result, have a good income.
radioactive
Miembro desde Sep 07, 2020
posts 58
Sep 08 2020 at 06:58
Beagelv posted:Couldn't have said it better.
The more time you spend on trading per day, the faster you develop practice and, as a result, have a good income.
I disagree, more chart time can lead to over trading and more losses. Chart time needs to be balanced
Hillartrading
Miembro desde Sep 08, 2020
posts 32
Sep 10 2020 at 08:06
To be successful in trading, one needs constant time and practice.
lovefortrading
(perryjohn765)
Miembro desde Sep 12, 2017
posts 238
Sep 10 2020 at 08:38
I have spent 6 months on demo account before going live.
EbonyJones
Miembro desde Jul 20, 2020
posts 232
Sep 10 2020 at 11:28
This is a risky market. So, there is no alternate of practicing if ou want to become successful in this market.
Gracewilson1995
Miembro desde Jan 11, 2019
posts 147
Sep 11 2020 at 07:58
time, patience and hard work is all you need
Speaking of practice, do you think demo versions are way worse than actual trading, or it depends? I'm kinda scared of losing money at the beginning of my way. The company I want to work with has got demo version (https://www.trustpilot.com/review/instaforex.com their page on Trustpilot) and I feel like I should start doing something more serious.