The mind is never exhausted by learning, but by making the wrong decisions in trading. To achieve milestones in trading, it is important to practice and build confidence.
there is no short cut way of learning , need to pass a minimum time , as beginners fro acquiring all basic information 6 months is enough , and to become a professional trader minimum need 2-5 years.
With the growth of technologies, traders are becoming savvy and using EAs to ease their trading. Professional and expert traders have proven EAs and these robots are performing better.
knowledge and experience needed i agree with you , but it can be valueless if you dont have regular practice , so besides acquiring good knowledge its more appropriate to emphasis on practice session.
Similar thoughts SaadBinToha, I also believe that the right knowledge lies in upgradation with the new learning, the growth stops where the learning ends. So one should always have the passion to learn more by analysing the market efficiently.
We have more and more trading passion but we don’t have more and learning passion. The more a trader learns, the more he can develop himself and arm himself with knowledge.
A professional trader is someone who knows everything about the market and fully comprehends trading. He also possesses other related trading and analytical abilities and has a good trading psychology.
In order to be a profitable forex trader, you should be aware that success is inversely correlated to effort. Along with this, you should be well-versed in the forex trading concepts because only then will you be able to conduct a thorough analysis of the market.
it is more appropriate to go through the school minimum 2-3 times , but newcomer just finished school rapidly and kick off a live account. this is not good.
having a losses is very common attitude and there is no one who can avoid it in spite of having most powerful analyzing trade knowledge and experience.
Newcomers should focus on others inevitable part of trading besides acquiring good trading knowledge. Controlling emotions , avoid revenge trading , overtrading , money management ,RR and much more things they have to observe for avoiding unfortunate loss.