To learn the art of trading

SofieAndreasen posted:

AliaDare posted:
Trading experience should be gained with patience. If I want to be financially self-sufficient from trading without gaining experience, it will be difficult to make a profit.

The demo account is the best place to gain experience. However, real trading is also important for gain experience due to trading psychology.

Yes, you are right. A demo account is a perfect platform for trading education but it is possible to gain more experience in real trading.

If we want to learn Forex deeply then we need to have some dedication and will to do hard work. Learn the forex basics and after some practice with demo account and then you can start real trading.

It's all really simple actually, just don't put more money at stake than you can afford to. If you're gonna make ten bucks, you can't ride the wave of confidence and put a hundred bucks in next.

Michihito posted:
To learn the art of trading, one needs to spend enough time and dedication. Most newbie are not willing to learn deeply. They run for short cut which is not an ideal to be skilled. It takes time to be skilled. Accept this truth and go forward. Best of luck with learning.

You are right. I was able to obtain important results with continuity (40% / month) only after 8 years of work.

Tremblay posted:

AliaDare posted:
Trading experience should be gained with patience. If I want to be financially self-sufficient from trading without gaining experience, it will be difficult to make a profit.

Yes. Patience is the most important thing in trading.

Yes. Besides patience, you also need proper knowledge about trading.

SteveHanks posted:

Tremblay posted:

AliaDare posted:
Trading experience should be gained with patience. If I want to be financially self-sufficient from trading without gaining experience, it will be difficult to make a profit.

Yes. Patience is the most important thing in trading.

Yes. Besides patience, you also need proper knowledge about trading.

Yes. I agree with you.

Dictiony posted:
If we want to learn Forex deeply then we need to have some dedication and will to do hard work. Learn the forex basics and after some practice with demo account and then you can start real trading.

You can practice on a demo account to learn many new things about forex.

MFTrading posted:

Michihito posted:
To learn the art of trading, one needs to spend enough time and dedication. Most newbie are not willing to learn deeply. They run for short cut which is not an ideal to be skilled. It takes time to be skilled. Accept this truth and go forward. Best of luck with learning.

You are right. I was able to obtain important results with continuity (40% / month) only after 8 years of work.

That is very good achievable goals, can you share some tips on what should we look for, especially in trading?

RobSchiz posted:

SteveHanks posted:

Tremblay posted:

AliaDare posted:
Trading experience should be gained with patience. If I want to be financially self-sufficient from trading without gaining experience, it will be difficult to make a profit.

Yes. Patience is the most important thing in trading.

Yes. Besides patience, you also need proper knowledge about trading.

Yes. I agree with you.

Thank you, we are all traders so it is normal for the doctrine to be one.

Well, if you do not study what you are doing, why then do this at all? without development, there will be no profit in the end

I think a lot of newbies underestimate just how much time and effort go into trading, from learning to getting a strategy and so on. If you don’t have the patience to wait to open a live account when you’re truly prepared, you’re basically bound to lose your deposit. When beginners realize that this isn’t as easy as they thought, most abandon it and believe that trading is just too hard or that it’s a scam.

if we talk about full training in trading, all this will give you work experience, so you need to practice more and be more interested in all aspects of your work

HeavLeighGill26 posted:
I think a lot of newbies underestimate just how much time and effort go into trading, from learning to getting a strategy and so on. If you don’t have the patience to wait to open a live account when you’re truly prepared, you’re basically bound to lose your deposit. When beginners realize that this isn’t as easy as they thought, most abandon it and believe that trading is just too hard or that it’s a scam.

I think every newbie should practice on a demo before investing money in this risky market.

I don't know whether we can call forex trading an art, that is a kind of philosophical question. However, I should say for sure, that if you want to be a success in trading, You've got to devote much time and energy to learning and you should also improve your psychological portfolio and self-discipline.

Every activity requires much time and efforts to amke a person a professional. Trading is not an exception despite of the fact that many people think that professional traders are lazy and do nothing to earn the money. The most interesting thing is that not only knowledge is required but also discipline. So, working on trading results is not just absorbing information and acquiring the skills, but also working on psychology.

To trade effectively, it's critical to get a forex education. When you first start out, you can open a forex demo account and try out some dry-run trading. It will give you a good technical foundation on the mechanics of making forex trades, as well as help you get used to working with a specific trading platform.

AliForexTalks posted:
To trade effectively, it's critical to get a forex education. When you first start out, you can open a forex demo account and try out some dry-run trading. It will give you a good technical foundation on the mechanics of making forex trades, as well as help you get used to working with a specific trading platform.

To learn forex, A demo is the best place.