Every newbie should practice
Участник с Nov 03, 2021
9 комментариев
Nov 03, 2021 at 11:21
FXOday posted:
Just like as want to drive the car, learning theory indeed help to understand, but without practice, it will become useless because, in real life, the driver has the courage to drive, while without experience and practice, driving a car will become a hard thing and scary because no experience, therefore in forex, without experience and practice,, this is scaring business because we can lose money.
Vert good analogy. I hope that new traders can take this in mind when starting out
Участник с Aug 10, 2021
176 комментариев
Nov 04, 2021 at 01:39
To learn and gain experience in the Forex market, beginners should use a demo account. This is the only way to become a successful trader. They will only lose money in the Forex market if they do not learn.
Участник с Jul 19, 2020
751 комментариев
Nov 04, 2021 at 06:52
@Williamfreed Yes a demo account is a good way to start. But along getting familiar with online trading, one should focus on learning skills as well.
Участник с Jun 19, 2020
38 комментариев
Nov 10, 2021 at 04:41
Studies have shown that you need to practice something for 10,000 hours before you become an expert in it. The same applies to trading. Practice is the only way to improve yourself in a skill. With practice you will realise what works for you, what is your trading style and what mistakes you should avoid which ultimately leads to making money.
Участник с Aug 21, 2021
61 комментариев
Nov 12, 2021 at 08:49
I do think that newbies need to practice at the initial stage, for that the demo trading is the best way and can also follow regular market trends.
Участник с Dec 25, 2019
20 комментариев
Jan 15, 2022 at 13:35
I tend to suppose that all traders should practice, it doesn't depend on your skills and experience, everything depends on how serious is your approach to trading. If you seriously approach to trading, then of course, you should practice all the time in order to develop your skills, because there is no limit of perfection. People always should develop their skills and it doesn't relate to certain activity, it relates to all activities and in my opinion, the matter is to never give up. No doubts, that sometimes you might have dubious thoughts about whether it's your activity or not, it's okay, all people pass this stage. If you will practice and learn, everything will be okay I'm sure.
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