Trading Lessons!

You can learn the forex from many sources. But I prefer the Demo account most. Because I think the demo account is the most effective way to learn forex perfectly and properly.

my best lesion always try to learn from own mistake ,
 actually there is no best teacher without self , its my own experience.

emotions only things that can make you loser in real life even trading life. generally we traders choose with our broker emotionally . and trade emotionally most of the time.

Great. You have all made valid points.

 One of the things i've also discovered is that it helps to have a support system. While it is key to do you own research, developing systems and strategies that work for you (also based on learning from mistakes). Having a mentor, someone who has been through the trenches and is willing to help you learn from their experience, avoiding some traps and mistakes you haven't encountered yet.

Flong posted:
Yes, you need to work here as if this is your last chance and you can earn the whole secret only today, only confidence and determination turns an ordinary trader with mediocre success into a real professional who always achieves his goals and runs his business in the market.

Nice advises. Clear the mind. Don't stress or take out any kind of negative emotion which is affecting your trading decision.

FxDThompson posted:

What tough lesson/s have you learnt recently that is helping to improve your results?

 Contrary to a quite popular belief, I have learnt that Fundamentals can bear great significance to your trading results.😄

Share your lesson and how it has helped you to reap better results!

youtube was my best teacher lol

i always try to develop my trading lesion by means of regular practice , actually in Forex trading there is no way to stop learning at all even after passing a long time. its a reality

Roberto21 posted:
we can learn trading principle from various sources but the best way according to me by own trading mistake. our mistake can be our great Mentor , we should leave the habit doing same mistake again and again.  if cant , no way to come out fro losses at all. 

Yes our mistakes can be our great lesson if we are willing to learn from it. Every mistake is a good lesson. That's why we need keep track our mistake and analyze them to learn from it.

If we can tame our emotions while trading we can get good success. We also need to patience. We have to wait for a good trade. If we don't have patience we can end up opening trading too early or too late.

Be sure of your trading strategy before you start live trading. Demos are critical, and act as the best lessons you can have.

If you are new in this market, you need to know all the basics of forex before investing your money. You can learn forex from a demo account. It will help you to know all the basics of forex perfectly.

FxDThompson posted:

What tough lesson/s have you learnt recently that is helping to improve your results?

 Contrary to a quite popular belief, I have learnt that Fundamentals can bear great significance to your trading results.😄

Share your lesson and how it has helped you to reap better results!

Don't be greedy. Keep calm and go slow. Forex is unpredictable

Keep learning. You can try platforms like youtube and websites like babypips and Udemy that offer courses to learn the basics of trading. Good luck.

yes pips school is really important for the traders who are particularly beginners , pips school +trading in a demo account is a perfect combination.

I think myfxbook is important for trading education. From here you can get an idea about many important issues related to trading.

AliaDare posted:
I think myfxbook is important for trading education. From here you can get an idea about many important issues related to trading.

This is the best site for learning.

Babypips and Myfxbook are my favorites for forex education.