Learning the fundamentals can save

[LorrainMor]

Learning the fundamentals can save a new trader from facing losses. Every trader will need proper trading strategies and adequate trading knowledge about those trading strategies to operate trading movements correctly in this market. Thus, a trader should give due attention of acquiring knowledge about important trade related ideas. However, it is demo account that can actually help any trader to practically get rid of fear and learn things in reality.

 

[lioneld]

Fundamental analysis is one of the most important pillar here; but I see a number of traders try to avoid the fundamental trading; it’s really unfortunate. Without news trading knowledge the path is too much sticky.

 

[Fx Master]

In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme

 

[lioneld]

I think, newbie should focus on the technical initially; then the fundamental! No doubt, fundamental analysis is too much important!

 

[Smash Fun]

To start any work, you should be clear for your basic about the work. The same way, you should be clear that what kind of work is and how you are going to use your mind to solve the problem.

 

[Oscar Shumack]

Yes. Proper learning can save you from losing your money.

 

[Eduardo Lucchese]

You can make money with your knowledge and skills in this market.

 

[David Marco]

You have to learn all the basics of forex properly to survive in this market.

 

[Cooper Truebridge]

Forex trading requires patience. Fundamental analysis helps to make a lot of profit in the forex market. E.g., nonfarm federal, NFP, etc.

 

[Alexander Hudson]

Proper learning is very necessary.

 

[lotcamel]

Fundamental analysis gives traders the outlook of the market. Even though it is vast, some knowledge of fundamentals can make you take wise trading moves . Short-term traders put more focus on technical analysis, but knowledge of both is good for both long-term and short-term investment.

 

[lynnsandoval]

Indeed, knowledge of fundamental analysis can help you in taking good trading decisions. However, it is a huge subject, and analysis can be difficult.

When I started trading, I started with scalping, which requires less fundamental knowledge and more expertise in chart reading. But there is no lie that fundamental analysis makes you a better trader.

 

[SaadBinToha]

Beginners love scalping because they know that they can make the best use of their wild guess here. Knowledge is precious so newbies should work hard to gather knowledge.

 

[Ethan]

Learning the fundamentals in forex, including economic indicators and market dynamics, is crucial. It enhances decision-making, risk management, and overall trading proficiency, potentially saving traders from costly mistakes and improving their chances of success.

 

[Aaron_0]

Learning the fundamentals of any subject, especially in areas like finance or trading, can save individuals from costly mistakes. Understanding the basics provides a solid foundation for informed decision-making, risk management, and long-term success.