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What is the importance of knowledge?
Medlem sedan Apr 09, 2019
516 inlägg
Jul 25, 2022 at 10:09
Medlem sedan Apr 09, 2019
516 inlägg
All very true but remember that knowledge is knowing things and intelligence (of which there are many kinds) is the ability to apply it.
If you can't spot the liquidity then you are the liquidity.
Medlem sedan Aug 05, 2021
394 inlägg
Jul 25, 2022 at 16:25
Medlem sedan Aug 05, 2021
394 inlägg
I think this is broken down and explained well and can definitely translate into the different kinds of knowledge needed by traders as well.
Jul 26, 2022 at 06:27
Medlem sedan Jul 13, 2022
32 inlägg
When it comes to trading, knowledge is everything. You cannot trade effectively unless you have knowledge.
Medlem sedan Jul 28, 2022
11 inlägg
Jul 28, 2022 at 04:36
Medlem sedan Jul 28, 2022
11 inlägg
This is carefully broken down and explained, so thank you for that. When it comes to trading, I always consider knowledge to be crucial since without it, it would be tough to grasp without anything to back it up.
Medlem sedan May 02, 2022
37 inlägg
Aug 01, 2022 at 12:06
Medlem sedan May 02, 2022
37 inlägg
Trading knowledge and a trading plan is paramount to having a successful trading journey. It is important to understand that trading education will never be over and that there will always be new concepts to study, strategies to develop, and skills to master.
Medlem sedan Aug 19, 2021
203 inlägg
Aug 01, 2022 at 13:43
Medlem sedan Aug 19, 2021
203 inlägg
Oh in general, you say the right things. But I do not agree with everything. As for me now the knowledge about forex obtained from books is too old-fashioned. Time goes by, stock markets change, CFD's changes. Now there is a different trading methods and other methods of earning. Therefore now it is more correct to receive new knowledge directly on Forex forums, lmao.
Aug 05, 2022 at 10:16
Medlem sedan Jul 19, 2022
22 inlägg
In order to be successful in forex trading, traders need to have a good understanding of the market and how it works.
By educating yourself about the market and the different forex trading strategies, you can make more informed decisions about your trading. And can manage, minimise your risk and maximise your profits.
By educating yourself about the market and the different forex trading strategies, you can make more informed decisions about your trading. And can manage, minimise your risk and maximise your profits.
Aug 08, 2022 at 12:14
Medlem sedan Aug 06, 2022
28 inlägg
Knowledge is power! As a beginner I first developed knowledge and then utilised it in demo account. After learning and placing successful trades. I started up with micro account.
Aug 09, 2022 at 12:19
Medlem sedan Jul 13, 2022
32 inlägg
When it comes to trading, knowledge is everything. You cannot perform well unless you have knowledge.
Aug 12, 2022 at 13:13
Medlem sedan Aug 05, 2022
21 inlägg
It's very important when you're choosing a broker. Make sure to do a comprehensive comparison.
Aug 12, 2022 at 13:17
Medlem sedan Aug 05, 2022
21 inlägg
To learn to use some forex tools is a way to get forex knowledge
Medlem sedan Jan 11, 2022
45 inlägg
Aug 17, 2022 at 06:04
Medlem sedan Jan 11, 2022
45 inlägg
If a trader doesn’t have knowledge about the trading, how will he place the trades and expect to win? Trading without knowledge makes it gambling, which is full of risks. In gambling, you can win big but you have the risk of losing it all. With knowledge, you will know the techniques of how to manage losses as well. In a nutshell, knowledge is the first step of the ladder to success in forex trading and you can’t afford to skip.
Aug 17, 2022 at 10:26
Medlem sedan Aug 03, 2022
25 inlägg
Knowledge gives you power to see the market as it is and you don’t have to make assumptions out of anything. When your trading decisions are based on your knowledge and skills, you tend to make more profits than otherwise.
Aug 17, 2022 at 10:35
Medlem sedan Aug 02, 2022
22 inlägg
OP has explained the term ‘knowledge’ in detail through the post. And when we talk about forex trading, knowledge is the foundation that helps us to develop skills as a newbie trader. Market knowledge is very much needed to make money from forex trading. Having knowledge surely gives us an edge without which we won’t be able to move forward in the forex market.
Aug 17, 2022 at 13:17
Medlem sedan Aug 05, 2022
21 inlägg
Be wise to implement the knowledge, my suggestion is to start with some forex tools.
Medlem sedan Aug 17, 2022
79 inlägg
Aug 18, 2022 at 10:12
Medlem sedan Aug 17, 2022
79 inlägg
Ambersmith345 posted:
Trading knowledge and a trading plan is paramount to having a successful trading journey. It is important to understand that trading education will never be over and that there will always be new concepts to study, strategies to develop, and skills to master.
Yes, to be a successful trader one should track the daily chart patterns and broad economic issues that influence financial markets.
Aug 18, 2022 at 11:23
Medlem sedan Aug 02, 2022
18 inlägg
Knowledge is everything in trading. Without knowledge, there is only failure in forex trading. We cannot depend on others or copy them to trade. We have to focus on our own game and trade, for which knowledge is absolutely essential. Moreover, it doesn’t make sense to trade without knowledge when there is so much information available on the market these days.

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