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There is a proverb that practice

Mar 02, 2021 at 03:58
Vues 2,117
68 Replies
Membre depuis Jul 19, 2020   posts 298
Mar 02, 2021 at 03:58
There is a proverb that practice makes a man perfect. Do you think that this proverb is suitable for Forex market. I think it is true. If you practice demo trading, follow the basic rules of Forex trading and thus in this way you can get proper training through this practice then you surely do better in Forex business.
Membre depuis Jul 19, 2020   posts 751
Mar 02, 2021 at 05:28
It is a simple fact that works not only in Forex but other things. Though perfection is one thing that is difficult to come by but the more we learn, the better trader we shall make. Practice helps a trader in no small way to get over the hurdles of learning easier.
Membre depuis Oct 16, 2020   posts 137
Mar 02, 2021 at 07:59
This is very true. If you are determined enough to learn trading, you will definitely get better at it with time. Demo trade for a good 6 months and then try going live with a small deposit. With real money, you will have a better learning experience and will learn to handle the pressure better.
Membre depuis Dec 28, 2020   posts 187
Mar 05, 2021 at 08:09
Yes the proverb is totally applicable for Forex trading. When I started trading I didn’t jump on the live account directly. I practice trading on a demo account and tested my strategy on demo first then applied it to the live account. Perfection always comes with practice only.
Membre depuis Nov 03, 2020   posts 3
Mar 11, 2021 at 11:55
You will have to practice hard if you want to make your trades work for you. No need to take a step if you are not sure about what you are doing.
Membre depuis Jan 04, 2021   posts 10
Mar 31, 2021 at 10:47
I think it is suitable for forex since no one can become an expert in a day. Everyone has to work hard and it takes time to be a profitable trader.
Membre depuis Mar 28, 2021   posts 617
Mar 31, 2021 at 13:32
Yes practice is important in trading but one to need to practice in a systematic way. Random trading will not help. One needs to develop strategy by practicing on demo. Only then practice will be fruitful.
Membre depuis Mar 17, 2021   posts 536
Mar 31, 2021 at 16:11
Danielvittory posted:
You will have to practice hard if you want to make your trades work for you. No need to take a step if you are not sure about what you are doing.
Yes. If you want to become a good trader, you need to practice more and more.
Membre depuis Jul 23, 2020   posts 759
Mar 31, 2021 at 18:01
Akasuki posted:
Yes practice is important in trading but one to need to practice in a systematic way. Random trading will not help. One needs to develop strategy by practicing on demo. Only then practice will be fruitful.
I also agree. Every trader needs to practice in order to improve their trading skills.
Membre depuis Apr 03, 2021   posts 13
Apr 16, 2021 at 10:47
I think it makes perfect sense in the forex market. The more you practice, the better you are likely to get. It all depends upon how much a trader is prepared to learn.
Membre depuis Sep 12, 2017   posts 238
Apr 16, 2021 at 12:40
practise is always imp be it trading or a game. The more you practise the better is the performance.
Membre depuis Jul 19, 2020   posts 788
Apr 16, 2021 at 16:20
Yes, if I trade without practice, I can't trade. Practice can make me the perfect trader. So when I lose consistently I try to take out some time and do demo trading it helps to perfect my skills.
Membre depuis Mar 16, 2021   posts 477
Apr 16, 2021 at 21:46
To trade, it is necessary to develop skills first. It is not possible to make a profit without developing skills. So I develop skills by acquiring knowledge from different sites. And I keep practicing all the time.
Membre depuis Feb 23, 2021   posts 330
May 20, 2021 at 17:53
LukeRachel posted:
To trade, it is necessary to develop skills first. It is not possible to make a profit without developing skills. So I develop skills by acquiring knowledge from different sites. And I keep practicing all the time.
Yes. There is no shortcut to making money in this market. You have to practice more and more to gather knowledge and skills.
Membre depuis Dec 21, 2020   posts 36
May 21, 2021 at 03:28
This proverb, without any doubt fits for forex trading as well.
Membre depuis Jul 20, 2020   posts 399
May 22, 2021 at 15:59
Fx_howie posted:
This proverb, without any doubt fits for forex trading as well.

Completely agree. Its so fitting
Membre depuis Mar 16, 2021   posts 477
May 23, 2021 at 00:48
Tremblay posted:
LukeRachel posted:
To trade, it is necessary to develop skills first. It is not possible to make a profit without developing skills. So I develop skills by acquiring knowledge from different sites. And I keep practicing all the time.
Yes. There is no shortcut to making money in this market. You have to practice more and more to gather knowledge and skills.
Thanks. Forex trading requires patience. Proper education about forex trading is not possible without patience.
Membre depuis Mar 16, 2021   posts 477
May 24, 2021 at 00:12
WaltonCharles posted:
LukeRachel posted:
To trade, it is necessary to develop skills first. It is not possible to make a profit without developing skills. So I develop skills by acquiring knowledge from different sites. And I keep practicing all the time.
I agree with you.
Thanks. It is very difficult to make a profit if you cannot develop skills.
Membre depuis Jul 19, 2020   posts 788
May 25, 2021 at 14:58
RobSchiz posted:
AliaDare posted:
Yes, if I trade without practice, I can't trade. Practice can make me the perfect trader. So when I lose consistently I try to take out some time and do demo trading it helps to perfect my skills.
Practice on a demo account helps a trader to gain confidence and make proper decisions.
Yes, it is possible to develop skills by practicing the demo. Knowledge about many strategies is created.
Membre depuis Jul 19, 2020   posts 751
May 28, 2021 at 12:01
There is no alternative to practice. But to do practice, one needs some systematic approach. Just random demo trading does not help. Treat demo like live trading.
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