Those who can't learn will be eliminated by the market

Trading education requires a lot. If a trader tries to trade without education, he will drop out of trading. It is not possible to trade without skills and knowledge.

Be patient and keep pushing yourself everyday to learn something new. It is a struggle but will definitely pay you later. Keep hanging 😊.

Forex needs time and proper trading mindset. This can be only developed by careful understanding of forex market, what major forces are driving it and their impact. Always look for forex related news to know what is going on, this helps you to analyse the market in better way.

blackChelsea posted:
Forex needs time and proper trading mindset. This can be only developed by careful understanding of forex market, what major forces are driving it and their impact. Always look for forex related news to know what is going on, this helps you to analyse the market in better way.

Thats right. Proper market update, along with core understanding of fundamentals, technicals can help you to take the correct trading decisions

Yes. No trader can survive in this market without proper knowledge.

Yes if you are not skilled enough, eventually you will be kicked out from the market. There is no place for unskilled people in the Forex market.

Yes it's true. Forex market is the best example for survival for fittest. If you are not skilled enough, you will get kicked out from the market by the market.

Yes, of course, the forex market is an example where there is no movement without knowledge. And the biggest thing is that trading is impossible without patience.

UweMoench posted:
Yes if you are not skilled enough, eventually you will be kicked out from the market. There is no place for unskilled people in the Forex market.

I agree with you. Proper knowledge is mandatory in this market.

That's an exact statement I guess. Those traders who aren't eager to learn and practice will be expelled by market, because the main idea of trading activity is that traders must always upgrade their skills and fill the knowledge base, otherwise everything what they do is just for nothing. It's kinda clear idea and there is no need to explain it to the mass. Such traders who ddon't want to learn something new, they just blow their accounts and leave trading forever, however there are some traders who once have come to trading, blew their accounts and now they decided to join community one more time, but considering all the previous mistakes. Such ones deserve respect.

Dorofeev posted:
That's an exact statement I guess. Those traders who aren't eager to learn and practice will be expelled by market, because the main idea of trading activity is that traders must always upgrade their skills and fill the knowledge base, otherwise everything what they do is just for nothing. It's kinda clear idea and there is no need to explain it to the mass. Such traders who ddon't want to learn something new, they just blow their accounts and leave trading forever, however there are some traders who once have come to trading, blew their accounts and now they decided to join community one more time, but considering all the previous mistakes. Such ones deserve respect.

Completely agree, coming in and out is very difficult to do. If you want consistent results you have to be consistent in training, learning and above all trading your rules

CraigMcG2020 posted:

Dorofeev posted:
That's an exact statement I guess. Those traders who aren't eager to learn and practice will be expelled by market, because the main idea of trading activity is that traders must always upgrade their skills and fill the knowledge base, otherwise everything what they do is just for nothing. It's kinda clear idea and there is no need to explain it to the mass. Such traders who ddon't want to learn something new, they just blow their accounts and leave trading forever, however there are some traders who once have come to trading, blew their accounts and now they decided to join community one more time, but considering all the previous mistakes. Such ones deserve respect.

Completely agree, coming in and out is very difficult to do. If you want consistent results you have to be consistent in training, learning and above all trading your rules

Consistency in all aspects of life is how things get done. Whether than be change of habits, building a business, learning to trade or do anything else.

The biggest mistake that forex traders make in the market is taking the market too lightly. When a trader forgets that making money in the forex market requires focus and patience, they start going in the direction of losses.

Entering into the Forex market without having any knowledge can be very risky. Because you won't be able to understand the movement, currency fluctuations, currency pairs that are profitable and other related techniques and tools. It’s such a waste of time to enter the market without learning about it.

Thread title justifies everything here. No learning No earning!

No matter how many books you read and visit the website for trading education. Forex risky business is here to stay. If you want to earn consistently, you have to do risk-free trading. So you have to trade with an adequate education.

Your knowledge is what helps you stay safe in the market and grow with time. Your goal is not just to make money but also to protect what you already have in your pocket. So, just learn to play safe so that you don’t regret your moves.

Well, I think that it should sound like'those who don't want to learn', because when you can't learning something then you won't be able to learn trading activity, you just don't know how to do it. However, I totally agree with this stement and believe that those traders who just want to get their money right away without any efforts will be definetely eliminated by the market. Of course, there are some traders who learn but they still have mistakes and losses, it's okay, every trader has passed this stage and after you pass it, new doors will be opened for you in trading activity I bet.

The market is ever-changing and you have to keep moving with it. If you think you will be good even if you don’t do anything, you might not be able to survive in the market. You have to keep updating your knowledge and your trading plans to ensure that you don’t lag behind.