There is no alternative to learning, if you want to get success in forex. Self study is simply the best procedure to get started with forex trading. Subsequently after learning the basic information of trading, it good to take help from a specialist.
Knowledge and skills is required to get success in trading. And to get knowledge and skills we need to study and research. There is no alternative to it. In the beginning everyone should focus on learning rather than earning.
Indeed, besides how to learn and undergo training, and in order to understand what the forex sphere is and how to trade here, it will not work otherwise.
If you want to become a successful trader in this market, you need to learn as much as you can. Learning is the hidden weapon to make money from this risky market.
If you can't believe in yourself, you can't be satisfied with anything in life. No matter how much you learn to trade from others, it is never possible to trade profitably unless you create a good strategy within yourself.
Learning is like the base in trading. If your base isn't strong, no matter what you do, you won't be able to stand in the market for long. That is why, traders must take the learning part too seriously and give it their 100%
Proper knowledge is required to learn Forex and make a profit. It is not possible to make a profit without trading knowledge. If someone wants to choose an alternative without learning how to make a profit, he will make a mistake.
@AliaDare Yes knowledge is important. Also the application of the acquired knowledge is similarly important. If I know a lot of things but can't apply it in practical, I am not gonna get success.
It is not that easy to earn profits or make some money without learning how the market works. Sufficient knowledge is essential if you want to succeed in trading, otherwise you will keep risking and losing from time to time.