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How does experience come?

May 18, 2020 at 08:09
Vues 3,235
82 Replies
Membre depuis Jul 19, 2020   posts 751
Oct 03, 2021 at 12:53
Experience comes with knowledge and experiments. It doesn't come just for trading a long time. Many people are trading for years but not successful yet
Membre depuis Mar 28, 2021   posts 617
Oct 04, 2021 at 09:52
Experience comes with time and knowledge. And the way you apply your knowledge. Many people have knowledge but can't apply it properly.
Membre depuis Mar 17, 2021   posts 536
Oct 06, 2021 at 18:07
oshaban posted:
Good question ...
Sorry to write directly without reading all the pages. My answer could be already written here ...

My personal history for gaining experience is like this ...
'Never ask a question about forex before you did big search to find the answer'.
This means, you will work harder, learn more things while searching for answers.
In case, you can't find the answer you are looking for, you may ask for it.
The reason for doing this is to gain more knowledge and also to make the answer stick in your memory because you spent more time to get it.
Easy come is easy to go.

If you follow this rule, sure, by time you will have more experience by time.
Yes. You are right.
Membre depuis May 04, 2019   posts 31
Oct 18, 2021 at 16:12
I guess there is nothing difficult to understand. You just enter trading activity with no experience at all. After you will make couple of deals you start to analyze your deals in orde to understand what was going on and why the price possibly was fallen or vice versa was grown. By these steps you try to understand the graphics and find the mistakes in your trading strategy or trading strategies. You gradually get acquainted with the mechanics of price, like demand and supply and other things. Actually, when you're a trader you won't even notice how you will gain enough experience and the great indicator of that is that you start get less losses.
Membre depuis Aug 02, 2021   posts 1
Oct 18, 2021 at 19:02
'La experiencia no es haber hecho muchas veces lo mismo, sino que se hace con ella'
Seb King (sebking1986)
Membre depuis Apr 09, 2019   posts 538
Oct 19, 2021 at 10:09
Experience comes from practice and time in the markets where you will spot certain things is you are observant. You can do that on demo if you don't want to risk money. But inaction provides you with nothing. So too will learning but not practicing. Winning or losing trades all come with their lessons and this is where your experience is built from.
If you can't spot the liquidity then you are the liquidity.
Membre depuis Jul 19, 2020   posts 788
Oct 20, 2021 at 01:02
When doing any analysis, you have to find the reason for that. Experience must be constantly developed through online research. And if you do not have a lack of practice.
Membre depuis Jun 17, 2021   posts 46
Nov 08, 2021 at 06:35
To gain experience of trading, demo trading is the best place to start. Once you have obtained an idea of the trading platform and the market, you can open your live account, but keep your investments and risks low.
Membre depuis Jun 22, 2021   posts 1
Nov 09, 2021 at 18:17
In my opinion if you want more experience, you need too much practice and mistakes. They will teach you everything what you need! Just try and that's all, there is no secret ingredient :)
If you want to change your life, you need to start from yourself!
Membre depuis Dec 15, 2019   posts 20
Nov 10, 2021 at 08:10
It's gained only due to practicing and there are no other things which can bring experience. Atually, it realtes not only to trading activity, it basically relates to any other kinds of activities, because practie is something that teachs your brain what to do in particular situations. I believe that the more trades you make, the more mistakes you have, the more experience you get. You can get a year experience just in couple of months, just because you made plenty of mistakes or you made lots of successful trades. Remember that only successful trades teaches you ad bring you real experience, mistakes are just bad experience, which also play its role in trading activity.
Membre depuis Mar 24, 2020   posts 98
Nov 13, 2021 at 20:51
Money Management

Edge / Strategy ,

if you don't trade with a proven strategy you wont survive the market.

Money Management.

Not Specified
Membre depuis Nov 02, 2021   posts 73
Nov 17, 2021 at 04:25
Experience comes with time. Through time, you will experience what works and what doesn't work. The more you trade, the more likely you'll be successful.
Midday Forex (cgasucks)
Membre depuis Jan 26, 2013   posts 73
Nov 18, 2021 at 18:33
As in all things in life, experience comes from learning from your successes and from others, but more importantly, learning from your mistakes and from others so you won't repeat them again. That's how we all learn and evolve.
Integrity is the seed for achievement. It is the principle that never fails. - Earl Nightingale
Membre depuis Mar 24, 2020   posts 98
Nov 20, 2021 at 21:15
As i am based in the Uk Timing plays a major part on the pair i trade, i trade XAUUSD from 1pm UK time when the US market opens on C-trader.

I find the best hours for my trading are from 1pm UK - 4pm UK. possibly 12.30-4.30 pm

It sounds short hours but i do watch the UK open ,and the prep ( check the daily economic calendar) check whats going on in the world news + Bloomberg
and Newsquawk.

Not Specified
Membre depuis Feb 20, 2021   posts 78
Nov 24, 2021 at 11:34
Experience comes to forex traders by practising and learning the best method to use for themselves. It is important to remember that there are no shortcuts or quick ways to make lots of money in forex trading. There are always trading risks involved in forex trading, but if you start by doing research and learning about the forex market, it can help put you at an advantage over other beginners.
Membre depuis Mar 24, 2020   posts 98
Dec 01, 2021 at 20:45
skihav You are right,

The only way to learn to trade is on a sim.

Not Specified
Membre depuis Mar 16, 2021   posts 477
Dec 05, 2021 at 08:01
ceceliagreer posted:
Trading experience comes with time. And most importantly, when you learn from your mistakes.
Good argument, for example- I made a trade, that trade is a loss, if I look for the cause of that loss, I can become a professional trader. And I have to learn from that loss.
Membre depuis Oct 29, 2021   posts 70
Dec 09, 2021 at 05:41
Experience comes with time, and it is the only way we gain knowledge. Traders who have spent their time on the markets have already accumulated enough experience to know what is good for them and what isn't. After gaining experience; you will be able to know what works for you and what doesn’t, and trade the way that is best for you.
Membre depuis Nov 23, 2021   posts 34
Dec 13, 2021 at 05:27
Experience comes when you apply the lessons you learn from your trades. Traders who grow always backtest their strategies and keep a progressive learning attitude. The best way is to maintain a trading journal. This will help traders to identify where they are lacking and have a better understanding of their trading approach and gain experience as a trader.
Membre depuis Nov 23, 2021   posts 34
Jan 07, 2022 at 04:12
Experience comes with patience, constant learning, implementing your knowledge and enduring through the hardships of trading.
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