There is a proverb that practice

Mar 02, 2021 at 03:58
Przeglądane 2,604
63 Replies
Uczestnik z Jul 19, 2020   298 postów
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.
Uczestnik z Jul 19, 2020   751 postów
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.
Uczestnik z Oct 16, 2020   137 postów
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.
Uczestnik z Dec 28, 2020   187 postów
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.
Uczestnik z Nov 03, 2020   3 postów
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.
Uczestnik z Mar 28, 2021   617 postów
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.
Uczestnik z Mar 17, 2021   536 postów
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.
Uczestnik z Jul 23, 2020   759 postów
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.
Uczestnik z Apr 03, 2021   13 postów
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.
Uczestnik z Sep 12, 2017   238 postów
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.
Uczestnik z Jul 19, 2020   788 postów
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.
Uczestnik z Mar 16, 2021   477 postów
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.
Uczestnik z Dec 21, 2020   36 postów
May 21, 2021 at 03:28
This proverb, without any doubt fits for forex trading as well.
Uczestnik z Jul 20, 2020   399 postów
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
Uczestnik z Mar 16, 2021   477 postów
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.
Uczestnik z Jul 19, 2020   788 postów
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.
Uczestnik z Jul 19, 2020   751 postów
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.
Uczestnik z May 27, 2021   57 postów
May 29, 2021 at 10:59
According to me, practice is the only key to profitable trading. Consistent practice and determination never lets a trader bear losses.
Uczestnik z Feb 20, 2021   53 postów
Jun 29, 2021 at 08:15
Practicing in demo trading accounts will surely help the beginner traders understand the real market. And this proverb too fits for all the forex traders. More the practice, more the developments in skills.
Uczestnik z Jun 15, 2021   8 postów
Jun 29, 2021 at 09:15
Those that focus on practice and improving their skills will do much better than those just focused on making profit
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