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Without knowledge making money

Discussion in 'Beginners Forum' started by Anderson, Apr 20, 2020.

  1. Anderson

    Anderson

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    Without knowledge making money is not possible. Can you ride a bicycle without learning how to ride it. It is also like that. You have to know how to do it. Without skills you will lose your money. Even to find a good PAMM manager, you need good knowledge about trading and broker. Otherwise you would fall in trap and lose all your money.
     
    Mark Dahl likes this.
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  3. Randiall

    Randiall

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    having knowldge is very important and without knowldge you can not be successful in Forex. Always learn the basics of Forex and if you have good amount of knowldge and skills then you also can make good profit.
     
  4. Anthony Constantinou

    Anthony Constantinou

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    Without learning basic you can't gain profit in forex.
     
  5. Nezami

    Nezami

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    Knowledge is very much important in Fx trading from all trading things, for that reason we the traders have to choose the broker which always ensures best trading environment for acquiring proper trading knowledge by providing exclusive educational facilities that are very supportive to be a knowledgeable trader very rapidly.
     
  6. Oscar Shumack

    Oscar Shumack

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    Without knowledge making money is quite impossible for a trader. because if you don't have enough knowledge about forex market, you can face e huge loss in this market. Most of the traders lose their money because of their low knowledge about the forex market. So, it is very much needed to have proper knowledge about the market to trade in the Forex.
     
  7. Eduardo Lucchese

    Eduardo Lucchese

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    Without knowledge, making money is quite impossible in this risky market. You need to have the proper knowledge to survive in this market.
     
  8. Alexander Hudson

    Alexander Hudson

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    Without the proper knowledge, you can not make a profit from this market. You can lose your investment because of your low knowledge about the market.
     
  9. Darragh Bell

    Darragh Bell

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    Without any knowledge, it is quite impossible to make money from this platform. You can face a great lose if you don't have any knowledge about the market.
     
  10. radex78

    radex78

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    All business needs the knowledge to start, although you want to become driver also need knowledge how to drive true, if you want to cook hence you need knowledge about how to cook, in addition, forex trading also need knowledge how to start, how to make profit, etc
     
  11. Gito Dinev

    Gito Dinev

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    Beside knowledge, the problem with many new traders is that they underestimate the level of commitment they need to truly succeed. They are not ready to do what it takes to become a true trader. They often give up on the slightest mistakes or challenges, or make undisciplined trades, often losing more than they need to.
     
  12. Kazumu Fukunaga

    Kazumu Fukunaga

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    You need knowledge and know the effective ways to apply the knowledge to be successful in trading. Trading without knowing is nothing but gambling. Actually it's more dangerous than gambling
     
  13. Mark Dahl

    Mark Dahl

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    Demo account is the best place to learn. You can test your knowledge in trading for free.
     
  14. Alicia Lynch

    Alicia Lynch

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    It is not possible to make a profit without trading knowledge. As a trader, I always focus more on trading education. If a trader joins trading without taking proper education, he will not be able to survive with his investment for long.
     
  15. Kevin Vogt

    Kevin Vogt

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    Knowledge is the primary need for trading. Then you need to know the effective way to use your knowledge. As proverb says, Knowledge becomes weapon when applied effectively.