Michihito posted:
There is no alternative to learning, if you want to get success in forex. Self study is simply the best procedure to get started with forex trading. Subsequently after learning the basic information of trading, it good to take help from a specialist.
I think what you mean is that if you really want to succeed in forex you need to be willing to learn, and also, keep learning as things change all the time. Learning is indeed the foundation of being a good trading, and you need to understand what is going on in the market in order to hope for good decisions when you buy and sell forex.
croisssan posted:Exactly you need to learn and develop skills for trading this is the only way to make profit.
In fact, a trader can really get a positive result only after training. There is simply no other scenario for the development of events now, and cannot be.
As for me, the trader must understand that he can get a positive result only at the cost of training.
@croisssan Exactly, but many people do not want to understand to this. They think few days of demo with some ready made strategies is enough to make money in trading.
Aug 10 2021 at 07:23
If you want to get maximal result from this market place, first of all you have to make sure the credible trading broker besides good trading knowledge, because the broker can affects the result of our trading with certainly. For ensuring a secure and comfortable trading life with certainly we can choose the regulated broker which guarantee their clients funds.
Only good trading knowledge cannot brings profit regularly. Besides trading knowledge you have to focus on money and risk management which is the key to success in Forex trading.
Aug 25 2021 at 19:36
I quite agree with that there are no alternatives to learning and if you're a novice you have no choice actually. Of course, I speak about those novices who seriously want to start trading activity and become successful in it. Some traders just open couple of deals, then gove up everything after deposit dumping and start accusing trading of their losses. I don't understand such people. Speaking about alternatives, there are no alternatives as I said before, but some traders can do only practicing. Of course, it's also a part of learning, however they can combine theory with practice and it will be great.
@Pietro_Seitz It happens because most people have been told that trading is easy. You just have to learn few strategy and do demo trading for sometime then you are good to go. So their introduction to the forex trading is wrong.
Michihito posted:I struggle with self-learning. While it is good for theory aspects I am a kinesthetic learner and learn from doing and for that needed to be shown 121 when I first started out.
There is no alternative to learning, if you want to get success in forex. Self study is simply the best procedure to get started with forex trading. Subsequently after learning the basic information of trading, it good to take help from a specialist.
If it works, apply for a lifetime
In fact, training provides a trader with invaluable experience. In my opinion, experience is currently the most important aspect for success.
Totally agree. Learning is the key thing when it comes about successful trading, because the market is constantly changing and every trader needs to keep up with its pace through learning.
training can not replace, and it is too important in the work of a trader, because without skills and knowledge you can get little in forex
Aug 30 2021 at 17:02
Learning is obviously important. What is the point of this thread
Aug 31 2021 at 04:49
Forex traders who have a high level of knowledge have a lower level of trust and a stronger emotional attachment to the trade. The trader need not be scared or panic, but he can control his emotions from trading because he feels in control and in charge of his business.
@Williamfreed Yes you are absolutely right. Emotional attachment is very bad for trading. It leads a trader to take a wrong decision.
Aug 31 2021 at 07:49
seasweetpickle posted:I agree with you.
Learning is obviously important. What is the point of this thread
Aug 31 2021 at 07:59
Only when we learn to recognise and manage our mental responses, emotions can help us become winners in the forex industry.
Sep 01 2021 at 06:32
seasweetpickle posted:agree with you but if dont have practice level according to me any kind of learning can be useless , so should focus on practice first of all.
Learning is obviously important. What is the point of this thread
Tradelist45 posted:I don't know why people don't emphasize more on practice these days. I have come across so many traders who start trading with their live accounts right after getting some basic knowledge about forex and later blow 90% of their money because of lack of practice. Every upcoming trader should understand that learning gets you the knowledge but practice makes you perfect.seasweetpickle posted:agree with you but if dont have practice level according to me any kind of learning can be useless , so should focus on practice first of all.
Learning is obviously important. What is the point of this thread
Sep 02 2021 at 07:02
Williamfreed posted:Without the proper knowledge, it is quite difficult to survive in this risky market.
Forex traders who have a high level of knowledge have a lower level of trust and a stronger emotional attachment to the trade. The trader need not be scared or panic, but he can control his emotions from trading because he feels in control and in charge of his business.
