@Killerbee12 Yes I agree with you. No skills no profit in forex trading. No matter how years a person is involved in trading, if he can't have proper skills, he will still lose money.
Yes it is not necessary skills that maater. Many people waste years by doing unproductives things.
Aug 02 at 11:26
The more you get skills in trading and finance, knowledge and subtleties you learn, the easier it will be for you to understand any instrument or market. You will be able to readjust to trade any instrument and in almost any market situation.
@Marcellus8610
Aug 02 at 11:37
UweMoench posted:
Yes it is not necessary skills that maater. Many people waste years by doing unproductives things.
yes it is important to have the correct skills and not waste time strategies and information that do not work
Aug 03 at 07:29
going live trading from practice account is scaring and wonderful experience for all kinds of trader , i skip demo account so live trading was difficult to me. emotions works mostly when trading live from demo.
Aug 03 at 11:27
what most experienced traders wont tell you is they still use demo accounts, this is because some days they like to practice and not worth it on a live account
reece22 posted:
what most experienced traders wont tell you is they still use demo accounts, this is because some days they like to practice and not worth it on a live account
#That is interesting but It makes sense now you point it out. That makes me feel better about using demo now
@reece22 Yes you are right. Experienced and successful traders always do experiments on demo to keep up with the changing market, as market doesn't behave same all the time.
There is a positive correlation between the level of the skills and success in trading. The more skills you have, the better your trading results are. I doubt that there are any successful traders who are completely ignorant of economic and trading aspects and who base their decisions on gut-feeling.
Aug 12 at 17:57
It is important to build up a certain amount of knowledge (skill) when looking to trade in the markets. Demo is obviously best for that for anything new you want to trial out.
