How to increase trading skills ?

practice + training materials will give an excellent boost in work

It is difficult to trade. Trading is not easy. Forex is only for experienced and skilled people.

Forums let us know of several factors. On forums, we see several scam warnings about Forex brokers. It’s imaginary rather it’s the reality as the market is saturated with several scam brokers.

The best way to increase trading skills is to read and research more and more about trading from good resources.

The best way to learn is to follow the trades of professionals, for example Marcellus puts his results in the telegram channel.

For me, the most optimal option for improving the level of qualification is a trite opportunity to work out strategies on a demo account. I think this is a great choice right now.

Select such a trading broker that offers you a trading platform free of all technical errors like slippage, dealing desk.

rockiee posted:
hey , guys

how do you increase trading skills.

Hello.

Just sharing my journey in forex.

1. Find paid mentor to teach you. Make sure the mentor is using fundamental and technical analysis.
2. Follow the process.
3. Backtest.
4. Frontest.
5. Journaling.
6. Evaluation
7. Repeat.

You learn trading skills with time. And sometimes through mistakes after analysing and learning from them. The trading process teaches you a lot as long as you keep an open mind and try to make it work. Time is a good teacher.

The only way to improve your knowledge is by learning, and this is important to understand. Other options simply will not give the desired result.

Follow charts regularly.
Keep your eye on support and resistance points.
Keep your record of trades well. Then you may shape your strategy.
Make your friends traders 🤣

I am watching tutorials, practising trading, and also reading a lot is that enough? All suggestions are welcome.

There are a lot of things you may need to learn as a beginner in forex trading. If you want to succeed in this market, you might also need to have a specific set of skills in addition to the knowledge that you already possess. It might be a little more difficult for beginners to understand forex because it contains so many different types of aspects, terminology, and ideas. Learning is not simple, but it is possible with consistency and discipline.

ChristineRamon posted:
Follow charts regularly.
Keep your eye on support and resistance points.
Keep your record of trades well. Then you may shape your strategy.
Make your friends traders 🤣

increasing knowledge in the technical and fundamental aspect during analysis to help make better choices. Staying disciplined always.

fiona_78 posted:
I am watching tutorials, practising trading, and also reading a lot is that enough? All suggestions are welcome.

I won't say that it is enough because learning is a constant process, and trading is, in itself, great learning. But if you are learning a lot and practising what you learn, as you mentioned, it would be helpful. Learn and practice to gain knowledge and not rush the process.

i always do practice to increase trading knowledge and experience . i think this is the best way from all.

jisanjipu posted:
i always do practice to increase trading knowledge and experience . i think this is the best way from all.

I totally agree. Practising on a demo account is indeed one of the best ways to develop new trading skills. Also, they help you get accustomed to the market and understand how trading works.

There is only one way to increase your trading skills and that is to practice more and more in the market. there is no substitute for practicing and improving yourself.

This can only be achieved through training. I think this should have been understood long ago. Otherwise, it will be quite difficult to achieve normal results.