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HoodedStiff
Whats the Best Education Around??
in
Galvenais
Nov 02, 2022 at 09:42
I think the best education comes from a variety of sources. You have to be able to tap into different sources of knowledge in order to be truly educated about fx.For me, when it comes to forex, I like to get my education from a mix of forums, Youtube videos and courses. I think each source has its own strengths and weaknesses, but by using all three, I can get a well-rounded education and just input that in my trading.
Learning and earning
in
Galvenais
Nov 02, 2022 at 09:41
Trust me, learning is your best buddy! It can actually help you in earning.The best way to learn forex trading is by actually doing it. You can read all the books and articles you want, but you'll never truly understand the markets until you get your hands dirty.Choose wisely what you are going to select for producing income out of fx like you know I am talking about a currency pair!
Is there really a profitable retail traders or lairs?
in
Jauni treideri
Nov 01, 2022 at 06:17
Yes, you can be really profitable in the long-run if you focus on your learning in the initial days. And there are many retail traders who are profitable in the long-run by constantly making the efforts, so it is quite possible.
Is a demo account really neccassary?
in
Jauni treideri
Oct 31, 2022 at 07:15
Demo trading is necessary in order to get familiar with the environment of the market and to know the currencies. But demo trading will not really help you in making profits. For that you have to enter the marketplace and then make efforts and mistakes there, in order to learn from them.
How much do you earn on forex investments? (Investors only)
in
Jauni treideri
Oct 31, 2022 at 07:14
There isn’t a fixed income for every trader. Forex trading isn’t like a regular 9-5 job that pays you a fixed salary. Here your gains are the results of your skills, knowledge, and your trade selection. Don’t be concerned about how much you can make, focus on developing skills and gaining expertise.
Have a plan and stick to it
in
Jauni treideri
Oct 27, 2022 at 11:32
A proper trading plan assists in maintaining discipline and will also help you to move in the right direction. Without a trading plan it will be difficult to strategize your trades. Of course, a trading plan does not guarantee success, but sticking to it will help you sustain in the market.
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