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There is no secret holi-grail
Mitglied seit Jul 03, 2020
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Mitglied seit Jul 23, 2020
869 Posts
Nov 09, 2020 at 15:53
Mitglied seit Jul 23, 2020
869 Posts
Michihito posted:That’s true. trader always search for some magical indicators or strategies rather than focusing on gaining knowledge.
There is no secret holi-grail. Skills and discipline is important. Also you need the control over your mind. Don't be restless to open a trade if there is no obvious set up in the charts. Wait until it appears.
Mitglied seit Jul 20, 2020
298 Posts
Nov 10, 2020 at 01:17
Mitglied seit Jul 20, 2020
298 Posts
UweMoench posted:Yes, you are right, knowledge and experience are a secret of trading. Without that secret, you can't make a profit.
Yes skills and knowledge is the secret. And it takes years to be profitable. It's not possible to be profitable just by following some ready made strategies. We need to understand the market movement and price to be successful.
Mitglied seit Jun 24, 2020
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Mitglied seit Nov 05, 2020
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Mitglied seit Feb 22, 2011
4862 Posts
Dec 04, 2020 at 13:08
Mitglied seit Feb 22, 2011
4862 Posts
Michihito posted:neither there is holy grail :)
There is no secret holi-grail. Skills and discipline is important. Also you need the control over your mind. Don't be restless to open a trade if there is no obvious set up in the charts. Wait until it appears.
Mitglied seit Jul 23, 2020
759 Posts
Dec 05, 2020 at 04:03
Mitglied seit Jul 23, 2020
759 Posts
EllisParker posted:Trading is all about knowledge. Better trader determines by the level of knowledge you have.
Absolutely, the sooner we understand this the better it is. There is no shortcut to success in forex. Nothing comes for free or through shortcuts, we got to work hard to be profitable.
Mitglied seit Mar 17, 2021
536 Posts
Sep 16, 2021 at 19:12
Mitglied seit Mar 17, 2021
536 Posts
SofieAndreasen posted:I completely agree with you.EllisParker posted:Trading is all about knowledge. Better trader determines by the level of knowledge you have.
Absolutely, the sooner we understand this the better it is. There is no shortcut to success in forex. Nothing comes for free or through shortcuts, we got to work hard to be profitable.
Sep 25, 2021 at 16:04
Mitglied seit Nov 29, 2020
10 Posts
I totally agree with this idea. Only skills and knowledge can make your trading successful. More than that, the most interesting thing is that you'll still have losses, but you can protect your budget from the absolute loss with the help of money and risk management.
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