How long it takes to learn

I'm not sure you ever stop learning. Bit of a cop out answer but as you are probably alluding to to be competent trader again it is hard to say. It depends how you take to it, if you are learning the right way for your personality, how much time you have to learn and practice etc

It will typically take on average around 1 year for someone to learn to trade forex. The technical side can be learned within a few weeks, but the risk management and psychology will take around a year to come to grasp. The majority of traders give up before ever learning to consistently trade the markets.

If you're wondering how much time is required for education before you're ready to open a live account, I'd say that the answer is subjective. Some may learn very quickly and understand all the info, while others may struggle with some of it and have to spend more time on certain subjects. Whenever I got stuck on something, I went to Babypips or YouTube and that seemed to help. It also depends on how much time you devote to learning at a time, as obviously someone that's spending time each day learning would be prepared before someone that only does so once or twice a week.
From that point, there are always new things to learn. I spend my free time looking at strategies, reading articles, talking to other traders on forums like this one. There's always something new to learn and other traders can share valuable information.

As it says, LEARN till you EARN.

Learning is a never ending process.

It totally depends on your dedication and ability to grasp things.

It depends on trader’s ability. I spent 4-6 months on demo account then I went to real trading.

It is a never ending process actually. Even if you become a pro, there'll be still a room for improvement so keep learning and growing.

Never stop learning about forex and trading. It gives an edge to make money while trading forex.

It depends on trader himself how quick he can learn forex . Demo trading is very necessary to get good results in forex when you start real trading.

Learning is an unstoppable process; it applies to forex trading as well. Though you can clear your basics in 2-3 months, creating your own strategies and becoming excellent at analysis is not a matter of months. Once you finish courses and basics, you should start demo trading. You can trade with your money when you start making consistent profits.

You know, you need to learn new all the time. But as for me, bas knowledges are take half a year. Then improve your knowledges all the time.

Agree that it depends on the person. Some may catch on quickly and others may take more time, but I think a lot of people could be good traders if they spend enough time and take in enough information.

Learn what? Anyone can learn the mechanics of trading pretty quickly, and trading a demo account seems to make everyone 'rich' in a short time. Demo accounts are simply lures by the brokers to get you excited about trading by letting you gamble with funny money. You can't learn with a demo account because you don't know the techniques by which the market is manipulated by big banks.

There is a reason why 90% of all small retail traders lose all their money and fail when trading 4x. They begin trading when they learn the basic mechanics, usually by scalping, and using some indicator that doesn't show the future movement of currencies. If trading was easy to learn, and a way to get rich quick, you couldn't get a hamburger at a McDonalds because every teen ager would be a rich trader.

 But it takes work to learn how those big bankers use Fibonacci series math to signal each other on entries and exits and so many other techniques of price action analysis. Like me, you can stumble around for years, picking up bits and pieces of good information while being fleeced by FX gurus who have nothing to teach you but bitter experience. If you see an ad for a FX trainer with a guy in front of a mansion and his Maserati, the chances are the only thing he will teach you is that you picked another loser. Find a good trainer with a good reputation if you want to succeed in becoming a trader. Invest some money in an education on FX. The odds of you learning how to beat this market on your own are daunting.

Forex trading is not as easy as everyone thinks it is. On average, forex traders lose money 70% of the time. It takes a lot of time to learn, and you need to know what you are doing. Never get involved in forex trading if you don't have sufficient knowledge.

LyudmilLukanov posted:
It depends on trader’s ability. I spent 6-7 month in demo account then I went to real trading.

6-7 months isn't a short period of time. How are you doing in trading now?

I guess it varies from trader to trader. Some are quick learners while others are don't. I believe proper time should be given to the learning part as it's gonna make you stay for longer in this game.

Don't go live till you make regular money in demo mode

It depends only on you and your cognitive abilities actually. There are plenty of reasons which affect your learning process. The main is how many time do you dedicate to learning trading. I guess that mainly people should dedicate lots of time in order to reach success. Nevertheless, you have to understand that learning means practicing. It will be enough forr you just to read some information about trading activty about various patterns/indicators and figures. Right after you read the information you should find a broker and open a demo account. It's recommended to stay on demo no more than couple of months.