For trading you do not need 8 hours+ work. Merely a 4 hour session can be enough. But the fact is you have to skilled enough. Yes in forex trading you have the opportunity to work less and earn more. But this facility doesn't make trading easy. You need time and a lot of study to get skilled.
Every trader should focus on increasing trading abilities. Trading is not any easy task. You need specific knowledge and skills. Those knowledge and skills doesn't just come to you. You have to achieve it. To achieve it you have to study a lot. And it also takes time. There is no short cut. The quicker one understands this the better.
Jan 22 2021 at 17:42
Michihito posted:There are some trading styles which require even less time to trade like scalping.
For trading you do not need 8 hours+ work. Merely a 4 hour session can be enough. But the fact is you have to skilled enough. Yes in forex trading you have the opportunity to work less and earn more. But this facility doesn't make trading easy. You need time and a lot of study to get skilled.
Yes, you don't have to spend much time in Forex trading, but you have to focus on the trading platform during the analysis. And after entering the trade, you have to do trade management.
Go to Traders Market Institute and get the proper education. Don't waste you time and money anywhere else.
Michihito posted:Yep. 4 hours of trading and at least another 4 for learning. 😉
For trading you do not need 8 hours+ work. Merely a 4 hour session can be enough. But the fact is you have to skilled enough. Yes in forex trading you have the opportunity to work less and earn more. But this facility doesn't make trading easy. You need time and a lot of study to get skilled.
Jan 27 2021 at 10:39
For trading, you do not need to have to read a lot of books or make long trading sessions. You must be skilled enough to analyse the market trends and place trades according to it. Once you start placing trades, your experience and knowledge automatically increases.
When trading, patience and focus are really important. They are more important than the time you dedicate to trading. Make sure that you make the best of the time you have.
Agreed! IN forex, it is not about only the amount of time you give to this market, but the quality of work that you do in that time. Traders sit in front of screens for 7-8 hours daily, still their earnings are next to zero, because they don't do anything fruitful in that time. So instead of focusing on sitting for longer hours, it is better that one pays attention to what he's exactly doing, planning the tasks and taking care of the risk factor.
Feb 02 2021 at 08:33
you might need alot of time during the trade but need alot of time investment while learning to trade.
Forex trading can be one of the simplest ways to earn money. You can earn a lot more money as a Forex trader than you would working retail. You also do not have to worry about the hassles of a regular job. You are basically your own boss if you are a full time trader.
Feb 02 2021 at 11:04
Michihito posted:Well said, the key is enhancing your knowledge eventually, gathering experience an learning from your pasts. No need to devote entire day to it, but yes quality time along with dedication really works.
For trading you do not need 8 hours+ work. Merely a 4 hour session can be enough. But the fact is you have to skilled enough. Yes in forex trading you have the opportunity to work less and earn more. But this facility doesn't make trading easy. You need time and a lot of study to get skilled.
Feb 02 2021 at 12:04
i dont believe any percentage, i just believe all about the consistency which is the main core to success at any section even trading place.
Feb 02 2021 at 12:15
Forex trading is not as easy as most people think. Traders need proper knowledge and strategy to make consistent profit.
Feb 05 2021 at 11:25
I agree that you can make a lot of money via forex trading. But never ever jump into trading without in-depth knowledge of the forex market.
Feb 08 2021 at 12:01
For trading you do not need to replicate someone else's trading style, You should have your own plans to enter and exit the positions. Everyone has a different trading mindset according to his goals and risk appetite. Never try to fit in that. And do homework before going live otherwise stress will eat you.
Feb 16 2021 at 06:06
forextrader777 posted:Earning through forex is easy and fast but it can be risky too if a trader won’t be having any prior knowledge about that.
I agree that you can make a lot of money via forex trading. But never ever jump into trading without in-depth knowledge of the forex market.
Feb 16 2021 at 08:15
caringloriana posted:Yes, but some new traders don't think that way. Some feel that they’ll learn about the market while trading onlyforextrader777 posted:Earning through forex is easy and fast but it can be risky too if a trader won’t be having any prior knowledge about that.
I agree that you can make a lot of money via forex trading. But never ever jump into trading without in-depth knowledge of the forex market.
You do not need complex trading strategies. Just make a simple plan, risk only what you can afford to lose and trade accordingly.
Feb 17 2021 at 06:07
Davidtaylorr posted:I agree that practically doing things gives you better understanding of the things but for that also you need to have at least some knowledge about the forex market. I have also demo traded initially to learn how trading is done through Turnkeyforex and eToro but for that also I did my research first. Maybe that is the reason why I am able to make good profits.caringloriana posted:Yes, but some new traders don't think that way. Some feel that they’ll learn about the market while trading onlyforextrader777 posted:Earning through forex is easy and fast but it can be risky too if a trader won’t be having any prior knowledge about that.
I agree that you can make a lot of money via forex trading. But never ever jump into trading without in-depth knowledge of the forex market.
