Learning and earning

AniLorak posted:

Mohammadi posted:
its very practical and common attitude for beginners level , due to having emotions they cant survive when kick off a live trading , in practical there is no way to stop emotions at all , but only by regular practicing with discipline it can be controlled of course.

True; it takes time to learn this attitude. Till now Forex trading is one of the most challenging profession; so expecting easy money is meaningless here!

Well said; I don’t know who traders can expect here an easy success since; more than 90% traders are unable to make money here!!!

only learning cant help you at all without having a regular practice.
so keep focus on practicing besides learning.

Roberto21 posted:
only learning cant help you at all without having a regular practice.
so keep focus on practicing besides learning.

Practice is the must; only reading trading eBook or watching video isn’t enough here! Practice is the key!

Before large investments we generally open a demo account in a broker to see the performance how it works. But I have seen, after large investments brokers attitude changes sometimes that is not available in micro accounts.

Roberto21 posted:
only learning cant help you at all without having a regular practice.
so keep focus on practicing besides learning.

agree! learning is nothing until and unless you are not applying that in real

It is a definite for any trader to learn. Learning helps to make everything much more understanding. Newbie traders learn to get familiar with the trading process while experienced traders learn how to get even better than before.

fancydandy posted:
It is a definite for any trader to learn. Learning helps to make everything much more understanding. Newbie traders learn to get familiar with the trading process while experienced traders learn how to get even better than before.

Agree 100%

when learning don't depend on bookish knowledge , always try to learn and use it in a demo or micro account .

as a learning demo is not a place to become knowledgeable trader rapidly , its a place to see the strategies and leverage performance.

only we can learn when making a loss , and in demo this experience not possible , so i always prefer live trading for acquiring real trading knowledge.

Imamul posted:
only we can learn when making a loss , and in demo this experience not possible , so i always prefer live trading for acquiring real trading knowledge.

Agree; but till now demo is very much meaningful way of learning! All depends on your own preparations!

Any approach to get the desired experience is right. However, it is very important not to stay only inside the demo account, but to look for the opportunity to gain knowledge and update it.

AnthonyWins posted:
Any approach to get the desired experience is right. However, it is very important not to stay only inside the demo account, but to look for the opportunity to gain knowledge and update it.

It is important not to stay at all inside the demo account. A real money trading account can't be compared with a demo account. 'Money Management' remember? People missing the point of it if they are using a demo account. If you buy something it means somebody selling these shares to you. If you doing it in a demo account it means another person buys the share and that person might have a different idea when to sell them as he/she using a different strategy. If you are using the strategy on a demo account it means
 the market did not digest your money, it means the strategy you will use with real money is flawed.

This is what happens to most of current trader.
They see youtube video, simple EMA line, and execute action.
this is nonsense. Im trully sorry, but trading in forex needs 3 months minimum to learn. What makes it so long? accotuming to news. you have to find a good time to trade on sepecific pair. Because no all pair can be traded on the same time.
correct me if iam m wrong. Hope you guys doing well :)

mariaartenia posted:
This is what happens to most of current trader.
They see youtube video, simple EMA line, and execute action.
this is nonsense. Im trully sorry, but trading in forex needs 3 months minimum to learn. What makes it so long? accotuming to news. you have to find a good time to trade on sepecific pair. Because no all pair can be traded on the same time.
correct me if iam m wrong. Hope you guys doing well :)

3 months is nothing...……2 years at least

as part of learning so many paid course right now available in online and most of them are found to be. so beginners have to be more careful when choosing a learning platform.

jamesgwyther posted:
3 months is nothing...……2 years at least

hahahaha 2 years? dude, that is painfull. Are you sure? what takes it so long?

every profit depends on market movements It’s not countable at all by our trading accounts. I was profitable when I started my live trading with 1K. but I did huge loss when I increased my balance in 2.5K but there was same strategies with same money management.

mariaartenia posted:

jamesgwyther posted:
3 months is nothing...……2 years at least

hahahaha 2 years? dude, that is painfull. Are you sure? what takes it so long?

2 years - Ha!, There are people on this forum who have been going for 10 years and still struggle.