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Acquiring knowledge is basic

Akasuki
May 31 2021 at 10:55
617 inlägg
Without skills, knowledge and experience consistent profit is not possible in the forex market. No matter how big your capital is! If you do not have enough skills, you wll lose all the money.
winning_trades
May 31 2021 at 11:00
48 inlägg
True! Never dive into the ocean if you don't know how to swim. Forex is like an ocean, we should enter it with proper knowledge and skills. For this, a beginner trader can try demo trading accounts and improvise on the trades.
Beagelv
May 31 2021 at 11:04
81 inlägg
Make a base for yourself that will give you the opportunity to apply it in practice and get a result
Andronn
Aug 06 2021 at 06:16
90 inlägg
If your theoretical base is of high quality, you can easily start working and avoid many mistakes
Davidfx89
Aug 06 2021 at 11:14
212 inlägg
the knowledge we gain from demo account actually not works when trading in a live , really it is. otherwise demo was the first choice of ours.
Lesley (LesleyLesley)
Aug 06 2021 at 11:44
26 inlägg
I would make a clarification.
The relevance and reliability of information is also important. Learn from the best, communicate with traders who have achieved a stable result.
Read the basics of trading, but don't read 'The Strategy That Will Make You Rich After One Trading Day'. Most likely there is nothing to read.
Study other traders' trading to understand their specifics and feel free to ask questions, that costs nothing
WaltonCharles
Aug 06 2021 at 12:33
144 inlägg
Davidfx89 posted:
the knowledge we gain from demo account actually not works when trading in a live , really it is. otherwise demo was the first choice of ours.
Knowledge is the most important thing in this market.
CocoChannel
Aug 07 2021 at 09:39
57 inlägg
LesleyLesley posted:
I would make a clarification.
The relevance and reliability of information is also important. Learn from the best, communicate with traders who have achieved a stable result.
Read the basics of trading, but don't read 'The Strategy That Will Make You Rich After One Trading Day'. Most likely there is nothing to read.
Study other traders' trading to understand their specifics and feel free to ask questions, that costs nothing
Yeah buddy. I have also read this book and it's not that helpful.
I used to watch youtube videos of traders showing their trades and strategies. This has helped me in formulating my own strategy by learning the basis of other traders' strategies.
AndrewMcCalam54
Aug 09 2021 at 07:13
132 inlägg
knowledge acquiring is important but it can be useless if you dont have a reliable support from a credible trading broker , because the broker can affects the result of our trading with certainly.
lovefortrading (perryjohn765)
Aug 09 2021 at 12:48
238 inlägg
knowledge can only be acquired by practising or being in touch with the market on daily basis.
Elena Triston (ele020)
Aug 10 2021 at 06:39
219 inlägg
AndrewMcCalam54 posted:
knowledge acquiring is important but it can be useless if you dont have a reliable support from a credible trading broker , because the broker can affects the result of our trading with certainly.
I believe both the things are important. Having a genuine broker by your side enhances and leads to better results however, a good broker is nothing if you lack trading updates
The more your practice, the more you learn.
mab8
Aug 10 2021 at 06:57
41 inlägg
Yes you need knowledge but you also need other aspects for successful trading such as risk management, money management and psychological training to keep your emotions at bay.
Williamfreed
Aug 11 2021 at 01:00
176 inlägg
Forex trading is a simple and easy way of earning. If you want to achieve success in forex you must gain some knowledge and experience in forex. Always do hard work and never hesitate to learn new things about forex trading.
Mauk
Aug 11 2021 at 05:59
78 inlägg
You should also be good at putting your knowledge into practice and understanding how it works in a given situation.
Sar John (Sarjohn)
Aug 11 2021 at 06:12
187 inlägg
VictorAxel posted:
Without a good knowledge base, there's no fun is trading actually. We have to try to gather information at every phase if we want to succeed as a trader.
Actually there is no fun in trading with limited knowledge, always expand your knowledge base in trading, try to learn new things, you will definitely get success in trading.
Tradelist45
Aug 11 2021 at 06:12
317 inlägg
Maximum traders in Forex like to trade with high leverage for making profit instantly. But traders who make profit consistency , I don’t think they use high leverage. They way I see it. High leverage gives us the benefits not to worry about margin requirements and one less thing to focus on. Abusing leverage can be costly for traders.
SteveHanks
Aug 11 2021 at 07:57
536 inlägg
Tradelist45 posted:
Maximum traders in Forex like to trade with high leverage for making profit instantly. But traders who make profit consistency , I don’t think they use high leverage. They way I see it. High leverage gives us the benefits not to worry about margin requirements and one less thing to focus on. Abusing leverage can be costly for traders.
I think high leverage can put you in great danger if you don't have proper knowledge.
Lesley (LesleyLesley)
Aug 17 2021 at 11:14
26 inlägg
CocoChannel posted:
LesleyLesley posted:
I would make a clarification.
The relevance and reliability of information is also important. Learn from the best, communicate with traders who have achieved a stable result.
Read the basics of trading, but don't read 'The Strategy That Will Make You Rich After One Trading Day'. Most likely there is nothing to read.
Study other traders' trading to understand their specifics and feel free to ask questions, that costs nothing
Yeah buddy. I have also read this book and it's not that helpful.
I used to watch youtube videos of traders showing their trades and strategies. This has helped me in formulating my own strategy by learning the basis of other traders' strategies.
Yes, it's good that you remembered the youtube content. It is really much easier to receive information there, while there are many bloggers who make it easy to explain complex concepts.
LukeRachel
Aug 17 2021 at 13:19
477 inlägg
Williamfreed posted:
Forex trading is a simple and easy way of earning. If you want to achieve success in forex you must gain some knowledge and experience in forex. Always do hard work and never hesitate to learn new things about forex trading.
Good point, you have to make a profit on forex trading education. If knowledge and skills cannot be developed, it will be difficult to make a profit.
croisssan
Aug 17 2021 at 13:24
939 inlägg
It should be understood that there is nothing to do without knowledge in this industry. This is the only way a trader can get a positive work result.
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