Time and pracrtice.

That is why, when I was just starting out with forex trading, you need to spend maximum time and effort on this, and then it will be much easier and more profitable in the future.

Shelby10 posted:
If you want to become a good and profitable trader in the forex market, you have to practice more and more to improve your skills and trading knowledge

Right, practicing is the key to success in forex.

Practice is they key as they say.

Amber_0302 posted:
One needs time to practice and practice makes a person perfect. so yeah, time and practice all you need.

True. Both are equally important to make a good trading career in this market.

Constant practice gives a very good result, because every time you put your knowledge into action and improve your trading.

With practice, you can get success in trading and with time you'll be able to enjoy the success.

Decisions have to be made with time. Practice can perfect the trading strategy.

KenAdams posted:
With practice, you can get success in trading and with time you'll be able to enjoy the success.

Agreed, always practice trading till you are profitable and then enjoy the profits.

Sarjohn posted:

KenAdams posted:
With practice, you can get success in trading and with time you'll be able to enjoy the success.

Agreed, always practice trading till you are profitable and then enjoy the profits.

How long does this usually take?

practice is important and for that i always support micro account ,
demo is good also but generally dont believe the importance of this trading place at all.

Trading is all about how well your trading skill which comes with time and practice.

It is really very convenient to work in this area and practice, because you choose the conditions yourself and you allocate the time yourself.

Success takes time and traders need a lot of practice in this industry.

I think that in this area practice time plays a very important role, it needs to be taken into account.

I would add here the ability to learn. Time and practice are really important, but what is the sense in practice if you don't learn from your mistakes? Many people may spend different amount of time on learning how to trade and this amount, from my perspective, depends on learning abilities and the way a person deals with losses.

I agree with you, trading requires a lot of patience, research, and practice. It takes time to build wealth

Time and practice are the key points in trading activity. I would add here learning of theory, because it also matters a lot on initial stages.
To my mind, the more time you dedicate to trading activity, the more impact you will have in future, because time will be transformed into an experience. Nevertheless, you have to stay focused on the process and try not to distract on time, because once you won't be able to dedicate time to trading and you will be stressful, because you promised yourself to trade as much as you can. Anyway, everything goes step by step. You won't even notice first steps in trading.

Avoid over-trading, revenge-trading and trading without analyzing the market because it destroys a trader. So, before starting trading journey, there is no alternative to forming trading-friendly qualities. Besides so, a trader must spend some time in market analyses.

Too many beginners are looking to learn quickly and start making a profit, fast. I understand being in a hurry and needing money but trading isn't the solution to get quick cash, it's more of a well-thought out and planned process. You have to be patient and understand that the money may not start flowing for a while.