Learning Forex Trading

Jul 08, 2015 at 06:17
Przeglądane 6,597
133 Replies
Uczestnik z Aug 11, 2017   886 postów
Apr 22, 2018 at 10:08
According to me, You must learn a lot firstly by reading some tutorials. Try to consistent in pips school. There is a proper guide for learning Forex for the traders who are particularly beginners. And try to join a broker and open a demo account. But you will learn what you need to do in the tutorials and try to participate on this forum especially Newbie Island so you can learn more.
Uczestnik z Apr 06, 2018   254 postów
Apr 23, 2018 at 06:26
Here are some nice books that are really good you can learn every aspect of trading-

1.Beyond Technical Analysis-Tushar Chande

Brief Intro.-Old book 1997 edition but these system really works in today market also. The book is broadly divided into two parts. The first half deals with development and testing—how the system worked on past data— and discusses basic rules, key issues, and many new systems. The second half explores how the system might do in the future, with a focus on equity curves, risk control, and money management. A key contribution is a new method called 'data scrambling,' which allows unlimited amounts of synthetic data to be generated for true out-of-sample testing.

2.BUILDING RELIABLE TRADING SYSTEMS-Keith Fitschen

Brief Intro.-This book shows you how to build a tradeable strategy. A tradeable strategy is one that fits your own risk/reward goals, and one that trades in real‐time as well as it performs in the development back‐test. It is not easy to develop a tradeable strategy because there are serious pitfalls. Most of us are greedy and want to trade something that has a large return.

3.Definitive Guide to Position Sizing - Van Tharp

Brief Intro.-One of the best book on Money management/Risk Management

4.Trading in the Zone-Mark Douglas

Brief Intro.-The goal of any trader is to turn profits on a regular basis, yet so few people ever really make consistent money as traders. What accounts for the small percentage of traders who are consistently successful? The determining factor is psychological—the consistent winners think differently from everyone else.
The market will trade through it’s path of least resistance .
Uczestnik z Aug 11, 2017   886 postów
Apr 25, 2018 at 12:36
In Fx trading by and large traders think only good trading knowledge can brings success very rapidly , but practically despite of good trading knowledge that’s not possible at all to lead a comfortable trading life if you don’t know how to manage your time.
Uczestnik z Jul 20, 2020   341 postów
Nov 09, 2020 at 12:19
Learning is the most important thing in the forex market. Without learning you can not survive in this risky market.
Uczestnik z Jul 20, 2020   232 postów
Nov 09, 2020 at 12:53
Knowledge is the main key to success in the forex market. No trader can make a good career without proper knowledge.
Uczestnik z Apr 18, 2017   718 postów
Nov 10, 2020 at 12:13
knowledge and experience needed i agree with you , but it can be valueless if you dont have regular practice  , so besides acquiring good knowledge its more appropriate to emphasis on practice session. 
Uczestnik z Jul 19, 2020   318 postów
Nov 10, 2020 at 19:44
If you want to become successful in this market, you need to learn all the tools and techniques of forex trading perfectly.
Uczestnik z Mar 17, 2021   536 postów
Apr 13, 2021 at 19:26
ElliotCooke posted:
Learning is the most important thing in the forex market. Without learning you can not survive in this risky market.
I agree with you. Proper learning is mandatory to survive in this market.
Uczestnik z Nov 16, 2020   55 postów
May 09, 2021 at 09:49
Being able to understand these concepts is really dangerous, because they are one of the components of trading.
Uczestnik z Jul 23, 2020   759 postów
May 11, 2021 at 00:14
There are a lot of sources to learn. But traders often show less interest in learning.
Uczestnik z Aug 27, 2017   994 postów
May 11, 2021 at 09:41
learning is important its okay, but in spite of having good learning, approach trading can be useless if there is no regular practice.
Uczestnik z Apr 03, 2021   28 postów
May 27, 2021 at 10:08
That probably depends on the money and broker you are willing to invest in. good luck to you.
Uczestnik z May 31, 2021   35 postów
May 31, 2021 at 07:34 (edytowane May 31, 2021 at 07:35)
For every trader, it is very important to gain sufficient knowledge to excel in the forex market, no profit can be made with lack of education.
Uczestnik z Aug 26, 2020   78 postów
Jun 04, 2021 at 09:54
It is necessary to study and understand all the trading rules that will be necessary in order to start working here.
Uczestnik z Nov 16, 2020   55 postów
Jun 05, 2021 at 08:25
I can’t imagine how you can even start trading vine with your funds if you have not studied and do not know anything.
Uczestnik z Jul 23, 2020   869 postów
Aug 08, 2021 at 02:40
Knowledge is the key to success in trading. So, focus on learning.
Uczestnik z Jun 26, 2020   327 postów
Aug 11, 2021 at 06:14
demo is important for ensuring all basic knowledge but i dont like to trade in there , because there is no real money and we cant focus on there consistently , so i think micro account is the good solution,.
Uczestnik z Aug 13, 2021   43 postów
Aug 16, 2021 at 02:35
I am sure that no one wants to win virtual money. Yet, I also believe no one want to lose the real money in vein when you just dont know how the market is functioning. You should always find a proper BROKER and learn paper trading before you take it in the real fight. Get a demo account first please!
Uczestnik z Nov 16, 2020   55 postów
Aug 16, 2021 at 07:32
Of course, we all always go for normal earnings and, but I think that without testing the strategy and our skills on a demo account, it is quite difficult to move on.
Uczestnik z Aug 16, 2021   9 postów
Aug 16, 2021 at 09:58
But how valuable is demo account if you do not care about losses of virtual money. It surely cannot help teach you
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