Learning and earning

Oct 08, 2017 at 06:48
7,713 Visa
213 Replies
Medlem sedan Aug 11, 2017   886 inlägg
Apr 25, 2018 at 12:36
as a newcomer, first thing you need to do is to common in Forex trading and that means you need to have lots of extra time not only in trading but in learning also. And the most important thing is that you need to spend lots of time practicing and not going to make profit or don’t expect to get profit in the first two months. But practically mostly newcomers don’t believe the importance of demo account and try to make money very rapidly without learning.
Medlem sedan May 10, 2018   22 inlägg
Jun 14, 2018 at 10:35
mlawson71 posted:
Chachingggg posted:
Month at a minimum. I don't know why so many people start on a real account.

I am not sure one can learn much for a month beyond the basic functions of their trading platform. I don't think one month on a demo account is nearly enough.
Yes i agree with you, I also spend more than three months initially on demo account before jumping on the live account. As per my opinion one month is not sufficient for the learning.
Medlem sedan Aug 11, 2017   886 inlägg
Jun 14, 2018 at 10:42
Learning is the foremost ways to keep survive in this volatile trading place in a proper way. But sorry to say maximum traders who are particularly newcomers try to make money from here without learning. As a result they become loser when trading practically. It would be great if we choose the broker which always ensures best trading environment for learning this trading place by providing exclusive educational facilities.
Medlem sedan May 30, 2018   20 inlägg
Jun 27, 2018 at 12:52
I don't think you can earn for long if you are not placing any importance on learning first. I always say that learning is a continuous process. The more you learn, the more you earn, provided you know how to apply what you have learnt practically. Forex is an immense field with new developments coming in everyday. Learn from them to improve your trade and you will increase your chances of earning better.
Medlem sedan Aug 27, 2017   994 inlägg
Jul 01, 2018 at 06:50
sarahlawrence posted:
I don't think you can earn for long if you are not placing any importance on learning first. I always say that learning is a continuous process. The more you learn, the more you earn, provided you know how to apply what you have learnt practically. Forex is an immense field with new developments coming in everyday. Learn from them to improve your trade and you will increase your chances of earning better.

Of course, learning is an ongoing process. There is no ending point, I have almost 7 years trading experience and till now I’m learning.
Medlem sedan Mar 26, 2018   31 inlägg
Jul 02, 2018 at 10:19
Learning should always be the first step If you are a beginner and want to learn more about forex trading then according to my experience go to Babypips School of Pipsology
Medlem sedan May 30, 2018   20 inlägg
Jul 02, 2018 at 10:28
Adribaasmet posted:
sarahlawrence posted:
I don't think you can earn for long if you are not placing any importance on learning first. I always say that learning is a continuous process. The more you learn, the more you earn, provided you know how to apply what you have learnt practically. Forex is an immense field with new developments coming in everyday. Learn from them to improve your trade and you will increase your chances of earning better.

Of course, learning is an ongoing process. There is no ending point, I have almost 7 years trading experience and till now I’m learning.
7 years is a long time. May I ask what have been the greatest lessons that you have learnt in your 7-year long trading experience?
Medlem sedan Feb 12, 2016   427 inlägg
Jul 05, 2018 at 08:08
Learning from experience and taking your lesson after mistakes - the most precious gift !
Accept the loss as experience
Medlem sedan Aug 18, 2018   10 inlägg
Aug 23, 2018 at 11:03
TiffanyK posted:
Learning from experience and taking your lesson after mistakes - the most precious gift !
and no one can teach us better than our experience
Medlem sedan Aug 27, 2018   9 inlägg
Aug 27, 2018 at 12:17
Just use a demo when your learning. Then there are no losses to bear. I only go live when know how on demo
Medlem sedan Aug 29, 2018   6 inlägg
Aug 29, 2018 at 07:00
It is obvious that for stable and good earnings you'll have to learn first. Learning teaches you how to optimally utilize your earnings and maximize them. So keep the process of learning live and kicking throughout your lives!
Medlem sedan Aug 16, 2018   11 inlägg
Aug 29, 2018 at 11:56
Yes, like I shared, continuous learning along with experience can make trading interesting and can be a profitable if done in good strategy/logic along with good management.
Medlem sedan Aug 29, 2018   10 inlägg
Aug 29, 2018 at 14:18
I found practicing risk management on a demo account very useful. Many people ignore this on demo but it made things so much easier when I went live
Medlem sedan Aug 23, 2018   9 inlägg
Aug 31, 2018 at 07:16
6 months is quite long. Could try with 3months on micro account. I prefer micro to demo anyway.
Medlem sedan Aug 31, 2018   13 inlägg
Aug 31, 2018 at 07:41
Yes, demo is indeed useful and a perfect way to start trading. Earning always comes next to learning. No surprise why school/college comes first than working. 😉
Medlem sedan Sep 01, 2018   12 inlägg
Sep 02, 2018 at 07:08
Learning is must if you want to be a successful trader. It is impossible to win in forex if you don't have sound knowledge and consequently you will soon end up blowing your account.
Medlem sedan Aug 22, 2018   10 inlägg
Sep 03, 2018 at 08:37
korson posted:
Learning is must if you want to be a successful trader. It is impossible to win in forex if you don't have sound knowledge and consequently you will soon end up blowing your account.
and it is also a fact that you can not learn trading without losing money.
Medlem sedan Sep 01, 2018   12 inlägg
Sep 05, 2018 at 07:49
pmichael posted:
korson posted:
Learning is must if you want to be a successful trader. It is impossible to win in forex if you don't have sound knowledge and consequently you will soon end up blowing your account.
and it is also a fact that you can not learn trading without losing money.
so true! A trader who never lost money is never a trader.
Medlem sedan Aug 30, 2018   25 inlägg
Sep 10, 2018 at 14:22
You are absolutely correct. Studying should be the first move.
Pips are absolute aphrodisiac, so trade with your brain not your lust. Forex will always be the same.
Medlem sedan Nov 13, 2014   13 inlägg
Sep 11, 2018 at 14:52
Thought this might be a good motivational video for others. I came across this video interview of a guy who traded for 12+ years before he finally became profitable. Just shows that persistence and hard work can pay off.

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