Time and pracrtice.

AhTai posted:
I trade real and demo accounts. Real account for strategies that I have confidence in and demo for new things that I am trying out

Great. Even i do the same. Use demo account to try out new methodologies.

Tygotaylor posted:

AhTai posted:
I trade real and demo accounts. Real account for strategies that I have confidence in and demo for new things that I am trying out

Great. Even i do the same. Use demo account to try out new methodologies.

From the last 5 years I have been doing live trading but till now I am active on demo; since I need to update my own trading strategy!

Tygotaylor posted:

AhTai posted:
I trade real and demo accounts. Real account for strategies that I have confidence in and demo for new things that I am trying out

Great. Even i do the same. Use demo account to try out new methodologies.

That’s the beauty of demo; it’s totally free but so much effective to practice new things!

I also think that if you do practice and give time to your trading you can make money easily and consistently.

The more you practice in trading, the more the trader's experience will develop. Practice can make a trader perfect. The more you practice trading, the better the trading results will be. And every trader should trade with long time target because in long time trading results are very good.

Time and practice - how much of them is needed, it depends and varies from trader to trader, their skills, passion, grasping power and knowledge

How long a trader has been trading is not important. How much that trader has developed his skill is important. Because when you trade with good experience, you will face less loss. So first you have to learn trading then you have to look at profit. If a trader trades with a long time target, he will one day be a successful trader.

smith_fx posted:

Imamul posted:
in trading
how much time you have passed for practicing , its not a deal ,
the main deal is how was your effort when practicing.

One cannot standardize the amount of time and practice one should put in for trading . Trading is not something you can learn within a stipulated time frame . Its benefits can only be reaped with limitless practice . Every trade adds to a traders knowledge and experience and helps him to do better in future. So forget about time and practice and observe as much as you can to be a successful trader.

That's been really nicely put to words. At the end of the day, the fruits of hard work shall always be received. But for that we really need to work hard without thinking much about the results. So keep calm and continue trading and learning.

Time and practice both are very much needed to make money fro this market. Both are very important for every trader.

The more time you spend on trading per day, the faster you develop practice and, as a result, have a good income.

Beagelv posted:
The more time you spend on trading per day, the faster you develop practice and, as a result, have a good income.

Couldn't have said it better.

I disagree, more chart time can lead to over trading and more losses. Chart time needs to be balanced

To be successful in trading, one needs constant time and practice.

I have spent 6 months on demo account before going live.

This is a risky market. So, there is no alternate of practicing if ou want to become successful in this market.

time, patience and hard work is all you need

Speaking of practice, do you think demo versions are way worse than actual trading, or it depends? I'm kinda scared of losing money at the beginning of my way. The company I want to work with has got demo version (https://www.trustpilot.com/review/instaforex.com their page on Trustpilot) and I feel like I should start doing something more serious.

hello sir.

i am still practicing in trading. i would say my trading way has just begun. and of course i have a lot of questions. should i trade myself? what about signals? what leverage to put? what currencies to trade? what drawdown to put? what profit to receive?
or should i find the trader? who knows...
sometimes i do not understand what do i really nned. i hope that such thoughts do not disturb the experienced traders.
so i need a lot of practice.

One needs time to practice and practice makes a person perfect. so yeah, time and practice all you need.