It has been said that

It has been said that practice makes a man perfect. Forex trading is no exception to this. If you enter the market without the best possible practice you should confront numerous troubles. For practice you need a demo account that is well synced with live market prices.

It is true that traders need practice to master their trading strategy in order to make consistent profit in trading.

The more you develop your skills, the more you will be able to earn money from trading. If you trade without developing experience, it is never possible to survive in trading.

Rightly said, practice is the key to success. More you get involved in it, the more you will learn. This is not a game for those who think to get rich overnight.

Yes, practice gives that required confidence to a trader, which is a big aid for him in the long run. If one has practised and tested his strategies well, his chances of attaining success stand strong.

Exactly, Practice is the key to have consistent profits in the forex market.

forexminded posted:
Exactly, Practice is the key to have consistent profits in the forex market.

I also agree. Practice in demo account as much as possible in order to improve trading skill.

Practice definitely made me get better with trading so I will say that this is very true.

To be expert in the art of trading, there is no alternative to knowledge and skills. And it takes time to achieve it but most people do not try to understand this fact. They waste time looking for short cut.

UweMoench posted:
It has been said that practice makes a man perfect. Forex trading is no exception to this. If you enter the market without the best possible practice you should confront numerous troubles. For practice you need a demo account that is well synced with live market prices.

Completely agree. Perfection is not possible i might add. One of the biggest things ive learned is to incorporate mistakes into my trading plan. They will always happen

PRACTICE PRACTICE PRACTICE . That’s the way to success.

The more I practice, the more skills I will develop, and the more skills I develop, the more profit I will be able to gain. So it is possible to make a lot of money if you can practice with patience.

Of course, practice will give you both self-confidence and confidence in your ability to achieve results.