Knowldge is important

sometimes knowledge not works in a proper way because there is nothing 100% in there and no one can predict the real faction in here with certainly.

Knowledge is of the utmost importance in trading. A trader will not survive in the market without any knowledge about it.

Yes. Knowledge is the main thing in the forex market. without proper knowledge you can not survive in this risky market.

Becoming a forex trader is very easy. Anyone can do this. But getting success is not so easy. You need to have the knowledge and skills of a professional. You have to attain some qualities. Being a forex trader you also have to find a good broker that can help you.

Knowledge is indeed very important in forex and if you do not get it then you will most certainly fail miserably. Forex is all about what you know and as much as you know you also need to be able to apply what you know or you will be considered to be invaluable in forex.

If you don't have knowledge in forex then you are just wasting your time. The reason why most new traders fail on forex xs because they rush things before they fully know what t do. You need to learn and the learning process takes time. Then again there is the training in the demo account which is still part of the learning. You've got to do both and at the right pace.

Knowledge helps you in taking the sound decisions in forex.

Every trader should know in which position he should enter the trade. If the entry in the trade is not right, then the emotion will work in the trade. And emotional trading is very harmful. I never trade on weekends because then the market is volatile. I always try to trade in the middle of the week.

If you want to build up a good and profitable career in the forex market, you need to have the mental strength to handle all the difficult situations.

Without having a reliable support from a credible trading broker that’s not possible at all to lead a comfortable trading life with certainly despite of good trading knowledge , so, choosing a broker is very difficult task, it would be great if we choose our brokers according to our trading understanding , should choose the broker that is more appropriate to the concept of trading that will be used,

Knowledge is power for the success.

Yes, knowledge is the key to trading successfully. A knowledgeable trader is more likely to trade better.

Knowledge is nothing without experience. Got to keep on the demo account as well as book learning

practice is important , and i always prefer micro account for practicing instead of demo .

that is also a good idea to go for micro account or a cent account to practise trade with minimum risk under real market condition

i have seen most of the scalpers always looking for most lowest trading spreads ,
but only lowest trading spreads cant bring profit if there is no money management.

debragonzalez posted:
Yes, knowledge is the key to trading successfully. A knowledgeable trader is more likely to trade better.

Totally agreed!
Knowledge is the only route through which a trader becomes a successful trader.

forextrader777 posted:

debragonzalez posted:
Yes, knowledge is the key to trading successfully. A knowledgeable trader is more likely to trade better.

Totally agreed!
Knowledge is the only route through which a trader becomes a successful trader.

Yes, inadequate knowledge will always leave with loss.

If you want to make a profit from this market, you need to have proper knowledge about both Fundamental analysis and Technical analysis.