Education

[Karley Walker]

It all depends on the individual's trading skills, knowledge, and personal style. Different people follow different paths.

Without trading knowledge, no matter how healthy the investment, no profit can be made. It is very important to develop skills.

 

[FXOpen Trader]

Without trading knowledge, no matter how healthy the investment, no profit can be made. It is very important to develop skills.

When our trading related skills will get increased we can start making more income.

 

[bidveal]

@Glenn Phillips It isn’t all about luck. There are people who have built strategies that earn profits for them no matter where the market goes. It is all about practice and experience with trading. Forex does require patience and discipline, if you want to earn consistently even without luck.

 

[Colossus]

Education gives wings to your aspirations. When you want to do something, you must educate yourself properly to become capable of making use of the opportunity put in front of you. Without knowing when you must use a certain trading strategy, all your moves will go in vain.

 

[Faal]

education is really important no way to deny , but honestly speaking without practice any kind of education can be useless.

 

[Tom Latham]

the new forex trader always try to bring good amount of profit with no learning . as a result they fall a great trouble when trading in practical.

 

[Smash Fun]

Forex is a place where education can never be paused, you must learn it all the time.

 

[FXOpen Trader]

Forex is a place where education can never be paused, you must learn it all the time.

Forex trading will start giving us the profits only after some time is over.

 

[Feticide]

If you want to win consistently, you have to dedicate a set amount of time and energy towards being open minded about enhancing your learning curve. There are many traders out there who do not have a clue as to which move to make at the correct time phase, but they still try. They don’t give up. It's your attitude and application of knowledge that builds your system and reaps profits in time.

 

[SaadBinToha]

Making a specialized strategy is time-consuming because a strategy goes through observation and testing period. There should be multiple strategies for multiple pairs. But, if a trader goes for multiple pairs all at once, he or she cannot do well in trading.

 

[FXOpen Trader]

Making a specialized strategy is time-consuming because a strategy goes through observation and testing period. There should be multiple strategies for multiple pairs. But, if a trader goes for multiple pairs all at once, he or she cannot do well in trading.

Forex trading education will take some time and we will need to be ready for doing this.

 

[Gibbosity]

Continuous learning is a non-deniable trait of forex traders. You may go through your courses once before you start. But you keep learning with every trade you execute and every loss you make.

 

[Davidfx89]

practice is important , i know but after passing sometime we the traders lost interest , so we have to make practice step by step.

 

[The trader]

Spread is mainly considered as an important financial tool which an investor should consider when choosing broker. For leading a profitable trading life, we the traders have to choose the broker which always make sure lowest trading spreads.

 

[Pedological]

I think getting knowledge is the first step towards success in trading. You must learn and understand various fundamental and technical concepts to become a skilled trader. Theoretical learning alone won’t be enough to become profitable. You also need practical knowledge which comes from experience only.

 

[Hangdog]

Forex trading is very tough because of its high volatility. Therefore it is essential that you educate yourself on all things forex before you venture into it and learn the trade inside out and familiarise yourself with forex terminology and strategies before you dive into forex trading. This helps you by establishing a firm footing into the forex market even before you begin active trading. It also teaches what to do but also what not to do, so you navigate your way carefully in the forex market.

 

[The trader]

if leverage contains huge risk, remember there is non sense trading plan with zero risk management, nothing without it.

 

[Mecine]

I think that without education, no one can do anything in any field. Similarly, if it is forex-related education, education is a must in forex. The reason why most traders fail in the forex market is due to a lack of education.

 

[Tom Latham]

the new forex trader always try to bring good amount of profit with no learning . as a result they fall a great trouble when trading in practical.

 

[Nezami]

beginners should start trading with baby pips school which contains all basic knowledge and experience, have you finished at all this ?