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There is a proverb that practice

Mar 02, 2021 at 03:58
2,139 Views
68 Replies
Biedrs kopš   298 ieraksti
Mar 02, 2021 at 03:58
There is a proverb that practice makes a man perfect. Do you think that this proverb is suitable for Forex market. I think it is true. If you practice demo trading, follow the basic rules of Forex trading and thus in this way you can get proper training through this practice then you surely do better in Forex business.
Biedrs kopš   751 ieraksti
Mar 02, 2021 at 05:28
It is a simple fact that works not only in Forex but other things. Though perfection is one thing that is difficult to come by but the more we learn, the better trader we shall make. Practice helps a trader in no small way to get over the hurdles of learning easier.
Biedrs kopš   137 ieraksti
Mar 02, 2021 at 07:59
This is very true. If you are determined enough to learn trading, you will definitely get better at it with time. Demo trade for a good 6 months and then try going live with a small deposit. With real money, you will have a better learning experience and will learn to handle the pressure better.
Biedrs kopš   187 ieraksti
Mar 05, 2021 at 08:09
Yes the proverb is totally applicable for Forex trading. When I started trading I didn’t jump on the live account directly. I practice trading on a demo account and tested my strategy on demo first then applied it to the live account. Perfection always comes with practice only.
Biedrs kopš   3 ieraksti
Mar 11, 2021 at 11:55
You will have to practice hard if you want to make your trades work for you. No need to take a step if you are not sure about what you are doing.
Biedrs kopš   10 ieraksti
Mar 31, 2021 at 10:47
I think it is suitable for forex since no one can become an expert in a day. Everyone has to work hard and it takes time to be a profitable trader.
Biedrs kopš   617 ieraksti
Mar 31, 2021 at 13:32
Yes practice is important in trading but one to need to practice in a systematic way. Random trading will not help. One needs to develop strategy by practicing on demo. Only then practice will be fruitful.
Biedrs kopš   536 ieraksti
Mar 31, 2021 at 16:11
Danielvittory posted:
You will have to practice hard if you want to make your trades work for you. No need to take a step if you are not sure about what you are doing.
Yes. If you want to become a good trader, you need to practice more and more.
Mar 31, 2021 at 18:01
Akasuki posted:
Yes practice is important in trading but one to need to practice in a systematic way. Random trading will not help. One needs to develop strategy by practicing on demo. Only then practice will be fruitful.
I also agree. Every trader needs to practice in order to improve their trading skills.
Apr 16, 2021 at 10:47
I think it makes perfect sense in the forex market. The more you practice, the better you are likely to get. It all depends upon how much a trader is prepared to learn.
Apr 16, 2021 at 12:40
practise is always imp be it trading or a game. The more you practise the better is the performance.
Biedrs kopš   788 ieraksti
Apr 16, 2021 at 16:20
Yes, if I trade without practice, I can't trade. Practice can make me the perfect trader. So when I lose consistently I try to take out some time and do demo trading it helps to perfect my skills.
Biedrs kopš   477 ieraksti
Apr 16, 2021 at 21:46
To trade, it is necessary to develop skills first. It is not possible to make a profit without developing skills. So I develop skills by acquiring knowledge from different sites. And I keep practicing all the time.
Biedrs kopš   330 ieraksti
May 20, 2021 at 17:53
LukeRachel posted:
To trade, it is necessary to develop skills first. It is not possible to make a profit without developing skills. So I develop skills by acquiring knowledge from different sites. And I keep practicing all the time.
Yes. There is no shortcut to making money in this market. You have to practice more and more to gather knowledge and skills.
Biedrs kopš   36 ieraksti
May 21, 2021 at 03:28
This proverb, without any doubt fits for forex trading as well.
May 22, 2021 at 15:59
Fx_howie posted:
This proverb, without any doubt fits for forex trading as well.

Completely agree. Its so fitting
Biedrs kopš   477 ieraksti
May 23, 2021 at 00:48
Tremblay posted:
LukeRachel posted:
To trade, it is necessary to develop skills first. It is not possible to make a profit without developing skills. So I develop skills by acquiring knowledge from different sites. And I keep practicing all the time.
Yes. There is no shortcut to making money in this market. You have to practice more and more to gather knowledge and skills.
Thanks. Forex trading requires patience. Proper education about forex trading is not possible without patience.
Biedrs kopš   477 ieraksti
May 24, 2021 at 00:12
WaltonCharles posted:
LukeRachel posted:
To trade, it is necessary to develop skills first. It is not possible to make a profit without developing skills. So I develop skills by acquiring knowledge from different sites. And I keep practicing all the time.
I agree with you.
Thanks. It is very difficult to make a profit if you cannot develop skills.
Biedrs kopš   788 ieraksti
May 25, 2021 at 14:58
RobSchiz posted:
AliaDare posted:
Yes, if I trade without practice, I can't trade. Practice can make me the perfect trader. So when I lose consistently I try to take out some time and do demo trading it helps to perfect my skills.
Practice on a demo account helps a trader to gain confidence and make proper decisions.
Yes, it is possible to develop skills by practicing the demo. Knowledge about many strategies is created.
Biedrs kopš   751 ieraksti
May 28, 2021 at 12:01
There is no alternative to practice. But to do practice, one needs some systematic approach. Just random demo trading does not help. Treat demo like live trading.
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