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Knowledge or practice

Discussion in 'Beginners Forum' started by Anderson, Nov 6, 2019.

  1. Anderson

    Anderson

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    In the event that you need to prevail in any undertaking, including the forex field you need ingenuity, practice and commitment. Knowledge is critical to prevail in this currency trading world and in addition anything we need to do in our life. Learning will enable you to make to comprehend about the market circumstance and enable you to make possess trading to design, trading systems.
     
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  3. Chionao

    Chionao

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    I would combine both of them to make it even possible anyway for whatever reason it may really have. I do understand they need to be completely out of touch for many many things possible here. Are you agree with me that experience do matter ? I hope that so cause it's really that way.
     
  4. Faal

    Faal

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    demo is a place to prove yourself how can you handle trading strategies you have , so, don't ignore the demo , you suggest 3-4 months to stay in here , its a long time for beginners level to keep patience in here, that's why i prefer minimum 1 months for that.
     
  5. ZhoGorisar

    ZhoGorisar

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    I thought that knowledge is important, but when I started to trade, I realized that knowledge was inferior to real practice. If you are just starting out, focus on knowledge; this is important without them anywhere. But in order to achieve success, only practice will help, it makes you a unique trader with his own approach.
     
  6. Andrew McCalam

    Andrew McCalam

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    there is no way to ignore the importance of demo , but we are not serious when trading , because no real money there is and no emotions for that reason.
     
  7. Faal

    Faal

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    to be experienced by strong fundamental

    and bring the profit during news. good luck
     
  8. Svetlana Loboda

    Svetlana Loboda

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    You should use knowledge & practice. It’s a combo package to be a successful Forex trader.
     
  9. Nezami

    Nezami

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    Confidence is needed but over confidence is will harmful, sometime because over confidence then leading trader being greedy in trades, and dare to take high risk in trading witch actually the market very dynamic and not always after trader open trades then will directly get profit.
     
  10. The trader

    The trader

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    Before large investments we generally open a demo account in a broker to see the performance how it works. But I have seen, after large investments brokers attitude changes sometimes that is not available in micro accounts.
     
  11. Andrew McCalam

    Andrew McCalam

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    thanks for your school is the best option , there is no way to avoid but despite of having knowledge from school trading can be useless if there is no regular practice ice post , got some fine lines that is different than others experience.
     
  12. Lee Mark

    Lee Mark

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    Well; may I know how many months you used the demo? More than one year or not?