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Basics knowledge is not enough

skihav
Nov 20 2021 at 09:10
801 príspevkov
It is very important to get some basic knowledge before starting to work on a real account. When I started working with a broker, I used a demo account for this.

SteveHanks
Nov 21 2021 at 18:55
536 príspevkov
skihav posted:
It is very important to get some basic knowledge before starting to work on a real account. When I started working with a broker, I used a demo account for this.

Yes. Proper knowledge is very important.

Chelsea Blacks (blackChelsea)
Nov 22 2021 at 11:25
125 príspevkov
Basic is what according to you? If Basic to you is what is forex or how is pip calculated then definitely candles are advance to you. See these as steps of learning .. nothing is advance here. With the time you will understand each aspect and this is how you can progress.

HansWerner
Nov 22 2021 at 12:51
4 príspevkov
skihav
Nov 22 2021 at 14:01
801 príspevkov
It is important that a trader has at least a minimal understanding of how the market works before starting work. Without this, it will be quite difficult to achieve the result.

patriciablack
Nov 26 2021 at 07:12
22 príspevkov
Basic information about trading is needed to start off your forex trading journey. In trading, theoretical knowledge doesn’t help in the way practical knowledge does. And this kind of knowledge comes when you do it practically. The more you trade the more knowledge you gain and more positive results are likely to be seen.

skihav
Nov 26 2021 at 13:14
801 príspevkov
It is very important that the trader really has a basic knowledge and understanding of the work. Otherwise, it will be difficult to achieve success.

croisssan
Nov 27 2021 at 17:10
939 príspevkov
Going into trading without knowledge is really not the best option. This may not have the most positive outcome.

UweMoench
Nov 28 2021 at 15:17
751 príspevkov
Yes for trading only basic understanding of the trading is not enough. One needs a deep understanding of the market. Without that it's not possible to survive in the market.

Williamfreed
Nov 29 2021 at 02:21
173 príspevkov
Traders need to know their risk on money that can be lost. Trading effectively requires knowledge, of course, but without trading knowledge, you are gambling. You can learn about trading on the internet for free or purchase books.

no_frame
Nov 29 2021 at 11:20
61 príspevkov
I believe that when you enter in the forex market, it is important to have basic knowledge but along with it you should be aware of how market works since the forex market is unpredictable.

Mauk
Nov 29 2021 at 12:55
78 príspevkov
It must be remembered that the market is developing and you need to update your knowledge.

croisssan
Nov 29 2021 at 17:53
939 príspevkov
It is important that the trader has at least a minimum set of knowledge. This is really important for a trader.

pipham
Nov 30 2021 at 04:40
53 príspevkov
Basics is not enough but it’s necessary to set a strong foundation for learning advanced trading concepts. No one can be profitable by taking a big leap forward and directly jumping onto bigger things. The best way to approach anything is by taking one step at a time.

RobertFerrari
Nov 30 2021 at 05:19
371 príspevkov
pipham posted:
Basics is not enough but it’s necessary to set a strong foundation for learning advanced trading concepts. No one can be profitable by taking a big leap forward and directly jumping onto bigger things. The best way to approach anything is by taking one step at a time.

Yes. Basic knowledge is mandatory to survive in this market.

traderjakelong
Dec 01 2021 at 06:56
24 príspevkov
Indeed!Forex fundamentals are not difficult to grasp, but creating a trading strategy is. The market is well-known for its unprecedented and risky nature. In order to minimize risk in future trades, traders need to conduct proper technical and fundamental analysis, which comes with experience and time.

LyudmilLukanov
Dec 05 2021 at 19:51
793 príspevkov
You can trade in Forex without sufficient knowledge, but the price is that your trading account will be blown away.

Lethab_Mpho
Dec 06 2021 at 07:14
19 príspevkov
LyudmilLukanov posted:
You can trade in Forex without sufficient knowledge, but the price is that your trading account will be blown away.


Haha, true, only results will tell the amount of knowledge someone has.

skihav
Dec 06 2021 at 14:33
801 príspevkov
In fact, basic knowledge for a trader is a very important aspect. Without this, it is quite difficult to achieve a positive result.

SteveHanks
Dec 06 2021 at 18:42
536 príspevkov
skihav posted:
In fact, basic knowledge for a trader is a very important aspect. Without this, it is quite difficult to achieve a positive result.

Totally agree with you. Most traders lose their money because of their low knowledge.

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