Learning and earning

I tried pitchford trading for a while. I didn't have that much luck with it. I went back to normal support and resistance. Although I haven't had much luck with that either!!!

AdebayoTheBest posted:
I tried pitchford trading for a while. I didn't have that much luck with it. I went back to normal support and resistance. Although I haven't had much luck with that either!!!

Luck? Are you serious? I don’t think luck is involved here unless trading skill.

Mohammadi posted:
Yes I don’t support earning first of all without learning. I think it is better if we choose the trading platform which for all time make sure best trading environment for acquiring proper trading knowledge by providing exclusive educational facilities which is really supportive to acquire exact market principle very rapidly.

It's good if you can start earning while you are still learning, putting all that fresh knowledge to use, seeing what works for you and what not. Also starting to figure out your personal trading style and maybe even getting started with a trading plan for the future.

tforexx posted:

Mohammadi posted:
Yes I don’t support earning first of all without learning. I think it is better if we choose the trading platform which for all time make sure best trading environment for acquiring proper trading knowledge by providing exclusive educational facilities which is really supportive to acquire exact market principle very rapidly.

It's good if you can start earning while you are still learning, putting all that fresh knowledge to use, seeing what works for you and what not. Also starting to figure out your personal trading style and maybe even getting started with a trading plan for the future.

But initially; traders shouldn’t try for earring money since; it requires a good trading knowledge & experience; they need to focus on learning; yes only learning.

AniLorak posted:

tforexx posted:

Mohammadi posted:
Yes I don’t support earning first of all without learning. I think it is better if we choose the trading platform which for all time make sure best trading environment for acquiring proper trading knowledge by providing exclusive educational facilities which is really supportive to acquire exact market principle very rapidly.

It's good if you can start earning while you are still learning, putting all that fresh knowledge to use, seeing what works for you and what not. Also starting to figure out your personal trading style and maybe even getting started with a trading plan for the future.

But initially; traders shouldn’t try for earring money since; it requires a good trading knowledge & experience; they need to focus on learning; yes only learning.

Yes, at the very beginning a trader needs at least basic training, knowing of the terms and so on. But it's a lifelong learning experience anyway and you need to start trading at some point.

In addition, after learning the basic traders need to focus on advance trading; only basic is not enough here.

AniLorak posted:
In addition, after learning the basic traders need to focus on advance trading; only basic is not enough here.

True. It is something you learn your whole life, if you can stick with it and consistently upgrade your knowledge..

happy trading to all.

FMovingAverage posted:

AniLorak posted:
In addition, after learning the basic traders need to focus on advance trading; only basic is not enough here.

True. It is something you learn your whole life, if you can stick with it and consistently upgrade your knowledge..

The markets change all the time, especially with political events and the increase of algo trading. This means that strategies need to be adjusted and contantly modified. The learning never stops

newcomers first of all have to ensure  all basic level , i like most pips school which is mainly considered as a best learning place for newcomers. besides this school demo is more appropriate for live trading experience.   

Only good trading knowledge cannot brings profit regularly. Besides trading knowledge you have to focus on money and risk management which is the key to success in Forex trading.

Risk management is so important for long term. Most trader do not use risk management and they end up losing all their money. Poor risk management is why most trader fail

Learning is really important for any kinds of traders in particularly for the newcomers. I think from all self learning is the best. As a part of self learning we can take demo account which is the master place to become a knowledgeable trader very rapidly.

Once a trader has a profitable strategy, a good understanding of risk and compounding will set them free

Very true even with a $1000 account, with compounding they could be millionaire within a decade

Saif59 posted:
Very true even with a $1000 account, with compounding they could be millionaire within a decade

It’s not easy mate! Maybe few traders are able to do so; to be a consistent performer; here having a deep trading knowledge is must.

Imamul posted:
Learning is really important for any kinds of traders in particularly for the newcomers. I think from all self learning is the best. As a part of self learning we can take demo account which is the master place to become a knowledgeable trader very rapidly.

i agree, in my beginning days, i used to follow a friend of mine, he then suggested me some books and did demo after that. that was really helpful for me.

harnick posted:

Imamul posted:
Learning is really important for any kinds of traders in particularly for the newcomers. I think from all self learning is the best. As a part of self learning we can take demo account which is the master place to become a knowledgeable trader very rapidly.

i agree, in my beginning days, i used to follow a friend of mine, he then suggested me some books and did demo after that. that was really helpful for me.

Any pair eBook or anything else? I’m curious to know.

Adribaasmet posted:

harnick posted:

Imamul posted:
Learning is really important for any kinds of traders in particularly for the newcomers. I think from all self learning is the best. As a part of self learning we can take demo account which is the master place to become a knowledgeable trader very rapidly.

i agree, in my beginning days, i used to follow a friend of mine, he then suggested me some books and did demo after that. that was really helpful for me.

Any pair eBook or anything else? I’m curious to know.

i didn't read any ebooks, here are few of the ones i read:
A complete guide to technical trading tips by John Person
japanese candlestick charting technique by steve nison
and Trading in the Zone: Master the Market with Confidence, Discipline, and a Winning Attitude
by Mark Douglas