Education & Experience

#61
All business required education I think, without knowledge hence will difficult to start and we can facing with loss anytime, we need experience also to implemented all education that already learned, on practice usually we facing many difficulties but if we can enjoy and passed all obstacle hence will get easiness
Every work in this world need knowledge for that work and you can develop skills for it if you are ready to learn and face the risk of this business. It is all depend on you that how you can manage your skills with work.
 
#62
Yeah, Knowledge and experience and skills are required to trade in with the Forex, but if you wanna become successful, you would need to have lots and lots of practice to obtain it.
 
#63
If we have knowledge, we will be able to trade in forex well. Of course, we need to make practice first using demo account. Try to more improve our trading skills from time to time to earn more profit.
 
Last edited by a moderator:

radex78

Active Member
#64
If we have knowledge, we will be able to trade in forex well. Of course, we need to make practice first using demo account. Try to more improve our trading skills from time to time to earn more profit.
If still not yet ready start on real account hence using demo account also as one way to learn on real market condition using virtual money, there are some trader that spent time practice on demo account more than two years because they won't to losing money on real account
 
#65
If still not yet ready start on real account hence using demo account also as one way to learn on real market condition using virtual money, there are some trader that spent time practice on demo account more than two years because they won't to losing money on real account
A demo account is always a good way to start work in Forex market as a newbie to gain knowledge and idea about the real market. But the fact is that not everyone is having good mind to learn the market and its concepts.
 
#66
Demo would be only useful if you have utter seriousness in it, else it would be again just a waste of time, you need to understand that if you wanna become successful, you would have a proper Demo Practice of about 6 to 8 months.
 
#67
Knowledge of traders can be obtained from anywhere, as long as want to read it and study it, after that when learned in theory there will be practice directly in the chart trading to gather valuable experience
 
#68
Theoretical Knowledge is not enough in Forex trading, you need to have a good amount of the practical knowledge too, and that would be achieve through the Demo Practice.
 
#69
Education is indispensable so that we can regularly do forex trading, there are logical grounding open or close a transaction, and when traders want to practice directly in the demo account or real account, then it will make an experience valuable
 
#70
Yeah, you need to gain lots and lots of knowledge and you need to keep learning if you wanna make some good bucks in the Forex Trading, else you might not able to survive in the Forex for long.
 
#71
All traders are expecting profit trading plan, but in practice often not appropriate because after all price movements will dynamically match the behavior of market participants that are in the interbank market. From this condition need advanced knowledge in the prediction of price movements. and i am use ADVERTISING DELETED as my broker in forex and help to develop become success trader.
 
Last edited by a moderator:
#72
Yeah, it would be good if you have enough knowledge and experience and skills that is needed to become a successful trader in here. A proper plan, good strategy and lots more.
 
#73
If we truly learn and understand what is in the theory of trading, then the next live demo account and practice with the practice of that experience will be increased because it is already in the application of knowledge is studied

 
#75
In forex trading there are many important things we the traders have to make sure for ensuring a better trading life. as like good trading knowledge , good support from a trading broker , real money managing plan , risk management approach , knowing the approach how to use Stop Loss , controlling emotions and much more that are very supportive to lead a comfortable trading life with certainly.
 

radex78

Active Member
#76
All business need knowledge not only in forex trading, and we need get education if want to looking these knowledge,. after we get knowledge and then practice hence will get experience, and experience is the best teacher for trader, learn from experience will giving more valuable lesson to make sharp trading skill
 
#77
Yeah, we need to have a good amount of education as well as the experience in here, if you wanna become successful in the Forex Trading.
To be trader we need is knowledge and skills so that we can trade here and gain money. Being a trader, I will suggest having good study about Forex before investing money here.
 

radex78

Active Member
#78
To be trader we need is knowledge and skills so that we can trade here and gain money. Being a trader, I will suggest having good study about Forex before investing money here.
Yes because forex trading is risky and if they interested to make money with forex, they also need to remember if forex is risky and investing money in risky business is just spent money that afford to lose
 
#79
Yes because forex trading is risky and if they interested to make money with forex, they also need to remember if forex is risky and investing money in risky business is just spent money that afford to lose
No doubt, Forex is risky and we have to survive this risk if we want to stay here and earn money. Without any knowledge, you can not understand any work of life or job. So when you start something, you should always gain knowledge for that work.
 

radex78

Active Member
#80
No doubt, Forex is risky and we have to survive this risk if we want to stay here and earn money. Without any knowledge, you can not understand any work of life or job. So when you start something, you should always gain knowledge for that work.
Yes forex is risky, but we still want to survive in forex because still any hope will getting profit from this business, we learn how to minimize the risk and make sharp trading analysis to increasing money in account, although sometime bored when often fail but we still want to continue