Jan 30 at 15:06
BringmeFish posted:
Knowledge is nothing without experience. Got to keep on the demo account as well as book learning
Yeah mate, demo trading is one of the best ways to practice and enhance knowledge.
In order to move on to the practical part of trading, well, study everything theoretical.
Knowledge is very crucial if you are planning to invest your money into trading so take a very important step in learning more about forex and pay attention to what forex is all about, accordingly to the knowledge
hashilt posted:
Yes, a trade can be quite successful if a trader has the right knowledge for it. It is quite an important step in forex.
One of the most important steps rather. No goals can be achieved if the base is only not strong and knowledge and learning is what frames a strong base in forex market.
Brick_56 posted:hashilt posted:
Yes, a trade can be quite successful if a trader has the right knowledge for it. It is quite an important step in forex.
One of the most important steps rather. No goals can be achieved if the base is only not strong and knowledge and learning is what frames a strong base in forex market.
Very true, it is scary how some people are ignrorant in learning.
Mar 16 at 10:04
Yes but no one can do without knowledge in the market. It is quite essential.
riaparrish posted:
Yes but no one can do without knowledge in the market. It is quite essential.
New traders love scalping as it gives quick profit. And this makes them addicted to trading. But I think starting with scalping is a bad idea. Everyone should start with higher timeframe. After some experience scalping can be done.
In order not to become really addicted to this, you need to have measure in everything and set certain boundaries for yourself.
A good trading psychology is important for trading. Without control over your emotions it's not possible to be profitable, not matter how good strategy you have. You have to be emotionless while trading.
Tremblay posted:riaparrish posted:
Yes but no one can do without knowledge in the market. It is quite essential.
New traders love scalping as it gives quick profit. And this makes them addicted to trading. But I think starting with scalping is a bad idea. Everyone should start with higher timeframe. After some experience scalping can be done.
Some good advice indeed. If you can't first trade the daily successfully, then you are not even close to being ready for scalping.
