Education

[Bumpkin]

Trading without proper education is meaningless. Neither you will make money nor you will learn something. If you want to be a successful trader, come with proper education. The Forex market is the most volatile market in this world. If you don’t have any knowledge, your chances of failing in this industry are bigger. Education gives you confidence to make your trading decisions. This is not a get rich quick scheme.

 

[Faal]

education is important , no way to deny . but in spite of having education the result of trading can be useless if there is no regular level of practice.

 

[Prelect]

Forex trading is all about making money by speculating on the future direction of currency pairs. In order to be successful, you need to have a good understanding of the market and how it works. Education is vital to success in forex trading. There are a number of ways to learn about forex trading, including taking courses, reading books and articles, and watching videos. The most important thing is to get started and to keep learning. With the right education, you can be well on your way to making a profit in the forex market.

 

[Smash Fun]

Education is a never-ending process and especially in the case of Forex, you cannot stop learning the aspects of the market if you wish to survive for long in the market.

 

[Substractor]

There is no way of trading in the forex market without education. Such kind of ‘process’ where one risks their money to gain profits relying on their luck is called gambling, not trading.
A newbie must spend as much time as needed to thoroughly learn everything in forex trading, then spend quality time doing demo trading. Only then, they can be successful as a beginner trader.

 

[Fx Master]

Leaning from own trading mistake is the best practice! But, we should try to complete our main learning process in the beginning stage of trading!

 

[JimmyChoo]

micro account is okay , but it can make beginners greedy and emotional. so be careful before trading on there.

 

[FXOpen Trader]

micro account is okay , but it can make beginners greedy and emotional. so be careful before trading on there.

We can start doing our trades with the help of the Micro based trading accounts so that the risks will stay under control.

 

[Increscent]

Trading without education will be just like gambling. Understanding that our whole life depends on education helps. If a person does not know how to trade, that person should learn how to trade. Otherwise, failure is inevitable. And moreover, there are so many sources available online these days, so there won’t be any issue finding the right ones for enhancing your knowledge.

 

[Gargoyle]

Education is so important in forex. Skills too are. But applying them is even more crucial. There is a difference between understanding what it is like to scale Mount Everest and really climbing it by your own efforts.

 

[Monsoon]

You may read tons of articles about forex trading but if you don’t know how to apply your knowledge, you will only waste your money and time. So, you better practice on your demo account before live trading.

 

[JimmyChoo]

practice is important and for that demo is a good choice , but i dont like this, i always try to maintain live account with minor balance . its supportive to acquire live knowledge and experience.

 

[Akira Rush]

In trading, education is the most significant factor. No trader can profit from this market without receiving a proper education.

 

[Underwit]

I believe that gaining knowledge should be the first step to success in trading. To become a successful trader, you must learn and understand a variety of basic and technical principles. Being profitable will require more than just theoretical knowledge. Additionally, you need actual knowledge that can only be gained by experience.

 

[Madison Lopez]

Education can prepare you for the market. Proper education will provide you with the following key benefits:
1 Trading knowledge.
2 Risk management.
3 Trading psychology.
4 Avoiding common pitfalls.
5 Trading plan.

 

[Hamarchy]

Education is of utmost importance. You can never even imagine doing well in the market without educating yourself properly just like you cannot pass exams without knowledge. There are various resources available on the internet to educate yourself. You also have to train yourself on a demo account. Forex isn’t easy money. It is risky hence not playing with your money will be the best for you. Enter the market only when you are prepared.

 

[magnum]

I believe that gaining knowledge should be the first step to success in trading. To become a successful trader, you must learn and understand a variety of basic and technical principles. Being profitable will require more than just theoretical knowledge. Additionally, you need actual knowledge that can only be gained by experience.

Yes, even I think in that same way. Basic education is really important and if one is passionate about trading then the person can choose maths or finance, statistics, economics as their subjects in higher education as they also play a major role in overall understanding of the forex market.

 

[Oscar Shumack]

Much time is required to develop this inner quality. But it is essential for traders to develop this inner quality even if it requires time.

 

[FXOpen Trader]

Much time is required to develop this inner quality. But it is essential for traders to develop this inner quality even if it requires time.

We will need to spend more Time into the markets.

 

[Hughie Lane]

To get experience, knowledge is necessary. If you don't learn, you won’t make mistakes which prevents you from understanding what works and what doesn’t. Traders who enter the market clueless often fail because they do not know when to make moves to get profit. It is the most important step.