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Money and skills
Biedrs kopš
11 ieraksti
Sep 22, 2021 at 16:21
Biedrs kopš
11 ieraksti
Skills and knowledge are important, but why don't acquire them during analysing some trading strategies. I mean that, perhaps, it is a good way to learn forex by trying to implement and understand different trading strategies. Some of them don't work and some of them work pretty well. And if you analyse the reasons for their failures or success, you can learn much. Surely, just mocking those strategies will never give you any knowledge or understanding and if there is some unordinary financial situation, you'll be at a loss and lose your money.
Biedrs kopš
437 ieraksti
Sep 23, 2021 at 00:34
Biedrs kopš
437 ieraksti
Trading need money and skill, if the trader has money but not skills, actually they still can make effort with investing in PAMM project, looking prospect fund manager and invest then waiting fund manager working, this is a good way to invest, but of course, the trader needs to understand, previous performance may be changes at any time, the risk always involved in forex.
Biedrs kopš
447 ieraksti
Sep 23, 2021 at 02:00
Biedrs kopš
447 ieraksti
Sarjohn posted:LukeRachel posted:
You need money to trade and you need skills to make a profit. So it is not possible to trade without any of them.
Yes, without money and skills forex trading is a waste of time.
That's right, trading is never possible without money and skills. And when I can manage these things, I have to work with patience.
Biedrs kopš
28 ieraksti
Sep 23, 2021 at 05:16
Biedrs kopš
28 ieraksti
Auginn posted:
Skills and knowledge are important, but why don't acquire them during analysing some trading strategies. I mean that, perhaps, it is a good way to learn forex by trying to implement and understand different trading strategies. Some of them don't work and some of them work pretty well. And if you analyse the reasons for their failures or success, you can learn much. Surely, just mocking those strategies will never give you any knowledge or understanding and if there is some unordinary financial situation, you'll be at a loss and lose your money.
Absolutely true buddy!
Biedrs kopš
15 ieraksti
Sep 24, 2021 at 09:28
Biedrs kopš
15 ieraksti
Investing in training does not always mean investing money. It is also an investment of time. So, the more time you spend on self-development, the less time you will spend on achieving your best result.
Biedrs kopš
9 ieraksti
Sep 24, 2021 at 11:24
Biedrs kopš
9 ieraksti
So true. Learning is more about time than money. You need time to learn the material and then time to implement what you have learned.
Biedrs kopš
447 ieraksti
Oct 05, 2021 at 01:38
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447 ieraksti
pigeontrader posted:
So true. Learning is more about time than money. You need time to learn the material and then time to implement what you have learned.
Money and education are very important for trading. A trader can gain success through this.
Biedrs kopš
494 ieraksti
Jan 07, 2022 at 06:45
Biedrs kopš
494 ieraksti
LukeRachel posted:pigeontrader posted:
So true. Learning is more about time than money. You need time to learn the material and then time to implement what you have learned.
Money and education are very important for trading. A trader can gain success through this.
Yes. To become successful in this market, you need proper knowledge and education.
Biedrs kopš
447 ieraksti
Jan 08, 2022 at 02:21
Biedrs kopš
447 ieraksti
SteveHanks posted:LukeRachel posted:pigeontrader posted:
So true. Learning is more about time than money. You need time to learn the material and then time to implement what you have learned.
Money and education are very important for trading. A trader can gain success through this.
Yes. To become successful in this market, you need proper knowledge and education.
To be successful in any subject, you need to know the whole thing. Otherwise it is not possible to make money from there.
Biedrs kopš
394 ieraksti
Jan 10, 2022 at 15:38
Biedrs kopš
394 ieraksti
I feel like a lot of beginners want to skip over the beginning steps, like practicing on demo, putting effort into their education and go straight to live trading with consistent profits. Sadly, there are a lot of steps in between that you can't just skip over or else it just isn't going to work out.
Biedrs kopš
81 ieraksti
Jan 11, 2022 at 13:46
Biedrs kopš
81 ieraksti
UweMoench posted:
Money and skills are the requirements for forex trading. Most people ignore skills. They don't study, they do not do any research. What they do is collect some ready-made strategies and check them on demo. By doing so they think they have learned. Trading is not that easy. Invest your time in learning (for newbie).
You can have all the money in the world, if you can't trade or don't have a strategy - you will lose money. So trade demo until confident.

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