Dec 08 2020 at 13:28
There are three things you need to create your own strategy. Study, Practice and Study. You have to study a lot. Initially it is best to choose one single pair. Spend time to observe that pair as much as you can. Every pair has Its own characteristics. You will find some unique characteristics of that pair. Study them and test them. It's a trail and error process.
Dec 09 2020 at 00:58
It is not possible to gain profit consistently without acquiring a trading education. A trader must first acquire trading education. Then you have to apply that education and practice a lot.
Dec 28 2020 at 04:53
I completely agree with you. Learning and practising your trades is very important. Every day can be a learning experience for traders both new and advanced.
Dec 31 2020 at 07:36
I also think that concentrating on 1 pair is most beneficial. It’s easier to undertake technical and fundamental analysis on it.
Dec 31 2020 at 07:44
Trading plan, consistency and knowledge. These three things are important for me in trading.
Dec 31 2020 at 13:01
The first step of trading is to understand that it needs a lot of time and efforts to be skilled enough. There is no short cuts. If you can't give enough time and effort in learning just leave it. You have to go through the full learning process. Just by following some ready-made strategies, nothing going to happen.
Jan 15 at 08:38
Fx_howie posted:
Trading plan, consistency and knowledge. These three things are important for me in trading.
Absolutely we should think about what we are doing before entering the markets. It is the reason that differentiates successful traders from failed traders. Wisdom says half knowledge is always dangerous because we think that we know more than other traders.
Jan 15 at 09:46
It is not possible to trade successfully without the help of education and study. You can never be a good trader if you lack knowledge and skills. So always learn the basics of forex before investing money.
Jan 15 at 10:52
Rassellkarl posted:Fx_howie posted:
Trading plan, consistency and knowledge. These three things are important for me in trading.
Absolutely we should think about what we are doing before entering the markets. It is the reason that differentiates successful traders from failed traders. Wisdom says half knowledge is always dangerous because we think that we know more than other traders.
There are many resources through which one can learn about forex trading. If we don’t gain knowledge then no matter if it is demo trading or live, we will fail for sure.
Jan 15 at 12:58
Michihito posted:
There are three things you need to create your own strategy. Study, Practice and Study. You have to study a lot. Initially it is best to choose one single pair. Spend time to observe that pair as much as you can. Every pair has Its own characteristics. You will find some unique characteristics of that pair. Study them and test them. It's a trail and error process.
Yes i agree but psychology is so key too. Its more than half the way to success in my opinion
