Learning and earning
Členom od Aug 11, 2017
886 príspevkov
Apr 25, 2018 at 12:36
as a newcomer, first thing you need to do is to common in Forex trading and that means you need to have lots of extra time not only in trading but in learning also. And the most important thing is that you need to spend lots of time practicing and not going to make profit or don’t expect to get profit in the first two months. But practically mostly newcomers don’t believe the importance of demo account and try to make money very rapidly without learning.
Členom od May 10, 2018
22 príspevkov
Jun 14, 2018 at 10:35
mlawson71 posted:Yes i agree with you, I also spend more than three months initially on demo account before jumping on the live account. As per my opinion one month is not sufficient for the learning.Chachingggg posted:
Month at a minimum. I don't know why so many people start on a real account.
I am not sure one can learn much for a month beyond the basic functions of their trading platform. I don't think one month on a demo account is nearly enough.
Členom od Aug 11, 2017
886 príspevkov
Jun 14, 2018 at 10:42
Learning is the foremost ways to keep survive in this volatile trading place in a proper way. But sorry to say maximum traders who are particularly newcomers try to make money from here without learning. As a result they become loser when trading practically. It would be great if we choose the broker which always ensures best trading environment for learning this trading place by providing exclusive educational facilities.
Členom od May 30, 2018
20 príspevkov
Jun 27, 2018 at 12:52
I don't think you can earn for long if you are not placing any importance on learning first. I always say that learning is a continuous process. The more you learn, the more you earn, provided you know how to apply what you have learnt practically. Forex is an immense field with new developments coming in everyday. Learn from them to improve your trade and you will increase your chances of earning better.
Členom od Aug 27, 2017
994 príspevkov
Jul 01, 2018 at 06:50
sarahlawrence posted:
I don't think you can earn for long if you are not placing any importance on learning first. I always say that learning is a continuous process. The more you learn, the more you earn, provided you know how to apply what you have learnt practically. Forex is an immense field with new developments coming in everyday. Learn from them to improve your trade and you will increase your chances of earning better.
Of course, learning is an ongoing process. There is no ending point, I have almost 7 years trading experience and till now I’m learning.
keeping patience.......
Členom od Mar 26, 2018
31 príspevkov
Jul 02, 2018 at 10:19
Learning should always be the first step If you are a beginner and want to learn more about forex trading then according to my experience go to Babypips School of Pipsology
Členom od May 30, 2018
20 príspevkov
Jul 02, 2018 at 10:28
Adribaasmet posted:7 years is a long time. May I ask what have been the greatest lessons that you have learnt in your 7-year long trading experience?sarahlawrence posted:
I don't think you can earn for long if you are not placing any importance on learning first. I always say that learning is a continuous process. The more you learn, the more you earn, provided you know how to apply what you have learnt practically. Forex is an immense field with new developments coming in everyday. Learn from them to improve your trade and you will increase your chances of earning better.
Of course, learning is an ongoing process. There is no ending point, I have almost 7 years trading experience and till now I’m learning.
Členom od Feb 12, 2016
427 príspevkov
Jul 05, 2018 at 08:08
Learning from experience and taking your lesson after mistakes - the most precious gift !
Accept the loss as experience
Členom od Aug 18, 2018
10 príspevkov
Aug 23, 2018 at 11:03
TiffanyK posted:and no one can teach us better than our experience
Learning from experience and taking your lesson after mistakes - the most precious gift !
Členom od Aug 27, 2018
9 príspevkov
Aug 27, 2018 at 12:17
Just use a demo when your learning. Then there are no losses to bear. I only go live when know how on demo
Členom od Aug 29, 2018
6 príspevkov
Aug 29, 2018 at 07:00
It is obvious that for stable and good earnings you'll have to learn first. Learning teaches you how to optimally utilize your earnings and maximize them. So keep the process of learning live and kicking throughout your lives!
Členom od Aug 16, 2018
11 príspevkov
Aug 29, 2018 at 11:56
Yes, like I shared, continuous learning along with experience can make trading interesting and can be a profitable if done in good strategy/logic along with good management.
Členom od Aug 29, 2018
10 príspevkov
Aug 29, 2018 at 14:18
I found practicing risk management on a demo account very useful. Many people ignore this on demo but it made things so much easier when I went live
Členom od Aug 23, 2018
9 príspevkov
Aug 31, 2018 at 07:16
6 months is quite long. Could try with 3months on micro account. I prefer micro to demo anyway.
Členom od Aug 31, 2018
13 príspevkov
Aug 31, 2018 at 07:41
Yes, demo is indeed useful and a perfect way to start trading. Earning always comes next to learning. No surprise why school/college comes first than working. 😉
Členom od Sep 01, 2018
12 príspevkov
Sep 02, 2018 at 07:08
Learning is must if you want to be a successful trader. It is impossible to win in forex if you don't have sound knowledge and consequently you will soon end up blowing your account.
Členom od Aug 22, 2018
10 príspevkov
Sep 03, 2018 at 08:37
korson posted:and it is also a fact that you can not learn trading without losing money.
Learning is must if you want to be a successful trader. It is impossible to win in forex if you don't have sound knowledge and consequently you will soon end up blowing your account.
Členom od Sep 01, 2018
12 príspevkov
Sep 05, 2018 at 07:49
pmichael posted:so true! A trader who never lost money is never a trader.korson posted:and it is also a fact that you can not learn trading without losing money.
Learning is must if you want to be a successful trader. It is impossible to win in forex if you don't have sound knowledge and consequently you will soon end up blowing your account.
Členom od Aug 30, 2018
25 príspevkov
Sep 10, 2018 at 14:22
You are absolutely correct. Studying should be the first move.
Pips are absolute aphrodisiac, so trade with your brain not your lust. Forex will always be the same.
Členom od Nov 13, 2014
13 príspevkov
Sep 11, 2018 at 14:52
Thought this might be a good motivational video for others. I came across this video interview of a guy who traded for 12+ years before he finally became profitable. Just shows that persistence and hard work can pay off.
