What do you learned while trading?

Jan 31, 2022 at 11:24
Przeglądane 2,535
58 Replies
Uczestnik z Jun 22, 2022   22 postów
Oct 04, 2022 at 09:43
Well said, I absolutely agree with you. In order to be successful in forex trading, you should be patient and consistent for a long term. Success doesn't come easy and fast. Only years of trading forex will build your skills and experience to make profits from trading forex. Learn from your losses. Analyse the market situations, and always strive to improve your strategy. Psychology is also an important aspect of forex trading.
Uczestnik z Sep 29, 2022   58 postów
Oct 04, 2022 at 11:43
Well, I still had to learn a couple of things the hard way.
This is to set take profits at least mentally. And do not chase the growing money. In most cases, you won't be able to stop later when the price goes in the opposite direction.
And you need to use the funds you have already psychologically spent or lost. That is, do not use the last money with the idea that this time I will definitely not lose.
Uczestnik z Aug 19, 2021   222 postów
Oct 04, 2022 at 13:00
Oh first of all I learned how to use indicators lol. And how to build the analysis with the help of them. 😄😄
But also trading is hard. And for me it is the best way to train my willpower.
Uczestnik z Feb 15, 2022   183 postów
Oct 04, 2022 at 14:46
Consider time frames at the time of analyzing. In technical analysis, the formation of candlesticks should be analyzed cogently.
Uczestnik z Jul 23, 2020   869 postów
Oct 04, 2022 at 17:05
Psychology amendment takes time and you have to stay with the market for a long time to cope up with it. And try to understand the market trend.
Uczestnik z Apr 27, 2022   17 postów
Oct 21, 2022 at 16:18
I’ve learnt that: do not trade when you do not have strong information base, feelings and thoughts about something that somebody recommend you to buy or sell.
Uczestnik z Sep 09, 2022   9 postów
Oct 28, 2022 at 07:36
There are a lot of lessons that I've learnt from forex trading, but these are the three that have had the biggest impact on my career.
1. Patience is key.
In the world of forex trading, patience is absolutely key. Making hasty decisions can often lead to big losses, so it's important to take your time and wait for the right opportunity to come along.

2. Putting your money in one pair is not a good idea.
Diversifying your portfolio is crucial in forex trading. Putting all your Money in one currency can often lead to troublesome, so it's important to spread your risk across a number of different currencies.

3. Confidence without knowledge cannot serve you.
Uczestnik z Sep 14, 2022   40 postów
Nov 02, 2022 at 04:21
I believe that learning is a life-long process; one can never stop learning in life or in trading. When I first began trading, I began with a demo account and then switched to a live account. For market analysis and price action movements, I kept up with the latest news and Forex updates during my learning.
Uczestnik z Oct 27, 2022   17 postów
Nov 02, 2022 at 12:11
Over the years, I have learned to be patient when placing trades and avoiding over trading.
Uczestnik z Feb 01, 2022   17 postów
Nov 02, 2022 at 16:23
i learned that emotion will easily destroy all our logic
Uczestnik z Feb 15, 2022   183 postów
Nov 03, 2022 at 09:02
Traders have to pass much time with the market to get rid of this fear. A good understanding of the market helps generate accurate signals.
Uczestnik z Dec 15, 2020   13 postów
Nov 10, 2022 at 07:08
The most important thing I learned while trading is to be patience and always be a learner.
Uczestnik z Jul 12, 2019   10 postów
Nov 10, 2022 at 12:08
Brel posted:
The most important thing I learned while trading is to be patience and always be a learner.

Best thing I learned in life.
Uczestnik z Oct 28, 2022   50 postów
Nov 11, 2022 at 13:35
I have learnt that stock market in not gambling.
Uczestnik z Feb 15, 2022   219 postów
Nov 19, 2022 at 10:25
Traders trade for short time not because of only quick earning facility but also as a hobby too. An updated technology should be provided by brokers to support scalping well.
Uczestnik z Mar 17, 2022   47 postów
Dec 15, 2022 at 05:29
rubeix posted:
I learnt to always master the skills before building up any strategy and this really helps. When we practice and step into trading then our learning process always upgrades with each trading session.
Being disciplined and consistent goes hand in hand. Our learning process may not always be a gradual upward slope. But being consistent will always help us to move up gradually.
Uczestnik z Mar 11, 2022   51 postów
Dec 15, 2022 at 06:44
rubeix posted:
I learnt to always master the skills before building up any strategy and this really helps. When we practice and step into trading then our learning process always upgrades with each trading session.
I agree with you. Indeed practising before making any move helps us to eliminate risks and also builds confidence. While it takes some time to start seeing a profit, we learn how to choose an opportunity and make the best out of it. The discipline and self-control we learn while trading also applies to other aspects of our life.
Uczestnik z Mar 24, 2022   56 postów
Dec 15, 2022 at 07:01
You have to learn everything related to the forex market. Spend time learning skills and applying them. With every trade I place, I learn something, whether it's learning from something negative or positive.
Uczestnik z Nov 29, 2022   40 postów
Dec 16, 2022 at 05:40
These are some really good pointers as newbies can get lost in the marketplace and not know what the right next move is. Constant self motivation is necessary to make the profit goal.
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