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  1. #1
    Join Date
    Aug 2020
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    75

    Educate yourself about forex trading

    Traders should first prioritize learning trading. There is no shortcut to success rather than learning trading. Knowledge is only source to success in the market. There are many way traders can easily learn trading. Broker like Eurotrader also offer free educational resources where trader can learn easily. Demo account is the best way to practice what you learn about the market.

  2. #2
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    Jun 2020
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    Patience is very important in trading. It is not possible to trade without patience. I have seen many types of traders in my trading life who have less patience because they have not been able to make a profit by trading for many years. Patience in trading can save you from many unexpected losses. Patience is a part of the trading discipline. If you don't have patience in trading, you can't make a profit no matter how good the strategy is.

  3. #3
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    Aug 2020
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    157
    Knowledge comes first. Experience comes from knowledge. Experience is not trading for many years. You will find many traders who are trading for many years yet unsuccessful. The reason is all these years they focused on profit not skills development. If half of the time they spent on knowledge and experiment, things would have been different. I do trade at Eurotrader broker. It is a guideline broker with adequate liquidity. It in like manner gives ultra low spreads of 0.0 pip. And the minimum deposit of the broker is $50.

  4. #4
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    Dec 2020
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    Quote Originally Posted by Nathan007 View Post
    Knowledge comes first. Experience comes from knowledge. Experience is not trading for many years. You will find many traders who are trading for many years yet unsuccessful. The reason is all these years they focused on profit not skills development. If half of the time they spent on knowledge and experiment, things would have been different. I do trade at Eurotrader broker. It is a guideline broker with adequate liquidity. It in like manner gives ultra low spreads of 0.0 pip. And the minimum deposit of the broker is $50.
    For any type of Forex trader the ultimate tool for getting the success from this business is the use of Knowledge and also being able to understand and Follow the market Trends. In this way the traders need to benefit from their trading skills and information that they have with them.

  5. #5
    Join Date
    Feb 2021
    Posts
    25
    To become a high-class exchange player, you must first learn the basics of Forex and only then put this knowledge into practice, constantly improving and comprehending all the secrets of this global currency market.

  6. #6
    Join Date
    Apr 2016
    Posts
    605
    As you may learn over time, nothing beats experience, and if you want to learn forex trading, experience is the best teacher. When you first start out, you open a forex demo account and try out some demo trading. It is very easy for traders to think the market will come back around in their favor.

  7. #7
    Join Date
    Feb 2021
    Posts
    9
    High-quality and continuous training will give you the opportunity to constantly develop and dig in high quality, I am especially pleased that the Expertoption broker provides good training.

  8. #8
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    Nov 2020
    Posts
    38
    In addition to the knowledge that you acquire before starting a trade, you still have to learn how to trade the market and develop your own trading style, so you can achieve a result.

  9. #9
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    Feb 2021
    Posts
    25
    It seems to me correct to make every effort to learn to trade and you need to use the available materials that are provided to you. This is what I do with an amarkets broker who always has up-to-date information

  10. #10
    Join Date
    Aug 2017
    Posts
    1,331
    If you want to trade in forex, you will have to learn all the basics of the forex. If you trade in the market without any knowledge, you will loss all of your money. I am also a trader. I am trading with Forex4you. I learned about forex from a demo account. It helped me to understand the basics of forex. I learned how to trade, what should I keep in mind while trading. It also helped me to learn the techniques of forex and making strategy to make profit.

  11. #11
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    Apr 2020
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    1,455
    I generally went through the training process on my own with a broker from Amarkets. Used a demo account, looking for the right information. As a result, he achieved quite good results.

  12. #12
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    Jul 2020
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    794
    I usually tried to study with a broker from ExpertOption. As for me, then for work it is a rather reliable broker, which also allows you to use a demo account.

  13. #13
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    Apr 2020
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    As for me, this is quite a working option. For example, when I started working in this industry, I myself studied on the demo account of the Amarkets broker. As for me, for work it is quite a working option that allowed me to learn to work.

  14. #14
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    Jul 2020
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    794
    I studied the trading process with the help of the demo regime broker ExpertOption. As for me, for a trader, this is the most effective method for training.

  15. #15
    Education is must and that is where we have to focus. I get super boost because of FreshForex broker, as they have excellent educational setup to help with. It enables me to work nicely and understand things better. So it automatically enhances the performance as well.

  16. #16
    Join Date
    Dec 2020
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    Asia
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    Quote Originally Posted by Ken Archer View Post
    Education is must and that is where we have to focus. I get super boost because of FreshForex broker, as they have excellent educational setup to help with. It enables me to work nicely and understand things better. So it automatically enhances the performance as well.
    It becomes very important for Forex traders to understand the importance of education and knowledge in the business of Forex trading.

  17. #17
    Join Date
    Jan 2021
    Posts
    126
    Quote Originally Posted by Nathan007 View Post
    Knowledge comes first. Experience comes from knowledge. Experience is not trading for many years. You will find many traders who are trading for many years yet unsuccessful. The reason is all these years they focused on profit not skills development. If half of the time they spent on knowledge and experiment, things would have been different. I do trade at Eurotrader broker. It is a guideline broker with adequate liquidity. It in like manner gives ultra low spreads of 0.0 pip. And the minimum deposit of the broker is $50.
    In my opinion trading actively is necessary to gain experience. Of course, you can't become experienced if you don't have enough knowledge about the basics of trading, but you also have to put yourself out there and put your knowledge into practice.

  18. #18
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    May 2020
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    I believe that learning to work in this industry is extremely important. Without this, it is almost impossible to obtain positive trading results.

  19. #19
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    Apr 2017
    Posts
    719
    When you have many expectations from your Forex business you should also mind that it is highly profitable business and so far, it has many risks of having loss. The traders mostly forget about loss and want to get only money. My choice is TP Global FX as they are a credible broker in this industry. From this broker to reduce some trading loss I get facility of using various risk managing tools.

  20. #20
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    Dec 2020
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    Asia
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    Quote Originally Posted by Graham McKenzie View Post
    When you have many expectations from your Forex business you should also mind that it is highly profitable business and so far, it has many risks of having loss. The traders mostly forget about loss and want to get only money. My choice is TP Global FX as they are a credible broker in this industry. From this broker to reduce some trading loss I get facility of using various risk managing tools.
    We need to learn more about Forex trading business because we have to understand that if we will start doing our trading without learning then the chances of getting loss would increase and we need to minimize our losses from this business.

  21. #21
    here's a really good idea! do not look for something ready-made, but learn yourself along the way, so it will be most beneficial for you!

  22. #22
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    Dec 2020
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    Asia
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    Quote Originally Posted by Hedarrasan View Post
    here's a really good idea! do not look for something ready-made, but learn yourself along the way, so it will be most beneficial for you!
    We need to pay special attention in learning about the foreign exchange market and also how to do our trading business because only then we would be able to get some success.

  23. #23
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    May 2020
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    As for me, it is very important to learn yourself. I believe that this is very important in terms of work, because so the trader has a better chance of success.

  24. #24
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    Dec 2020
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    Quote Originally Posted by malopis View Post
    As for me, it is very important to learn yourself. I believe that this is very important in terms of work, because so the trader has a better chance of success.
    For a Forex trader to become successful in the business of Forex trading they have to make Efforts so that they can start getting the Profits.

  25. #25
    Join Date
    Aug 2020
    Posts
    46
    The most important thing is that these efforts are effective, because here you will work out your emotional state, learn discipline, and also work with the factors that must be present in trading.

  26. #26
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    May 2020
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    I generally studied while working with a broker from Amarkets. For training, I used the demo mode of this company and was able to get positive results.

  27. #27
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    Dec 2020
    Posts
    28
    I also think that it is very good when there is an opportunity, additional training is obtained, and most importantly, it is always relevant if from the broker you work with.

  28. #28
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    Mar 2020
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    180
    I think in order to do forex, we need to place special emphasis on education because here you can use education as a tool to win from the forex market, so the importance of education is immense. A nation without education is spineless so there is no alternative to education. If you want to be an inexperienced skilled trader in Forex then you must focus on education.

  29. #29
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    May 2020
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    I studied while working with a demo account of the Amarkets broker. As for me, this option can bring the necessary skills and knowledge for a trader to work.

  30. #30
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    Dec 2020
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    Quote Originally Posted by malopis View Post
    I studied while working with a demo account of the Amarkets broker. As for me, this option can bring the necessary skills and knowledge for a trader to work.
    I started trading in the Forex markets in the year 2010 with the International Broker FXOpen and i am a SUCCESSFUL Trader

  31. #31
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    Jan 2021
    Posts
    405
    all the same, I think this training option is the best, because why spend money on some courses that in the end will not give you anything, I also learned a lot for myself working on the Amarkets platform, nevertheless, the high-quality work of managers also plays a big role

  32. #32
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    May 2020
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    Training in this industry is critical. It should be understood that it is thanks to training that a trader can improve his performance.

  33. #33
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    Dec 2020
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    Quote Originally Posted by malopis View Post
    Training in this industry is critical. It should be understood that it is thanks to training that a trader can improve his performance.
    We need to do our trading with good results and this is why we have to first of all educate our self and learn more about the business.

  34. #34
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    Jan 2021
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    405
    in fact, everything is correct, because if you work without any training, then little will be achieved. all the same forex requires a lot of knowledge

  35. #35
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    Apr 2020
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    It is worth realizing that it is not as easy to teach yourself as it may seem at first glance. Still, trading is not the easiest option to work with.

  36. #36
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    Jul 2020
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    794
    I consider the issue of training extremely important. It is worth understanding that this really plays one of the key roles in the work of the trader and otherwise it will be quite difficult to get the desired result.

  37. #37
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    Apr 2020
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    120
    You need to be as prepared as possible in order to achieve a result, this applies not only to the theoretical page, it must be applied in practice and show your result.

  38. #38
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    Jan 2020
    Posts
    262
    Now people from all around the world are doing Forex trading because it has many advantages to earning good source of money easily. It is very flexible with the time schedule, working place and other systems. Tpglobalfx broker I have selected for my Forex business as a student. I open a micro account with this broker because they are really very reliable and they allow no minimum deposit with easy and fluent withdrawal facility.

  39. #39
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    Jul 2020
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    794
    This is really worth paying attention to, because training is a key task of the trader. It should be understood that only in this way can a trader get positive work results.

  40. #40
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    May 2020
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    Training for the trader plays a very important role. It should be understood that a trader can only earn thanks to his experience and knowledge in this industry.

  41. #41
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    Dec 2020
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    Quote Originally Posted by malopis View Post
    Training for the trader plays a very important role. It should be understood that a trader can only earn thanks to his experience and knowledge in this industry.
    We need to understand that if we are making a loss in our trading then we will need to control the amount of losses encountered.

  42. #42
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    Jan 2021
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    405
    training has always been important in forex for all traders, but for this reason, most beginners do not fully understand this, and hope for easy and quick earnings

  43. #43
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    Dec 2020
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    Asia
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    Quote Originally Posted by Diedriarekh View Post
    training has always been important in forex for all traders, but for this reason, most beginners do not fully understand this, and hope for easy and quick earnings
    It becomes important for the traders to understand the importance of doing proper training in the foreign exchange markets for success

  44. #44
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    May 2020
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    I think learning to work on your own is a very interesting option. But, it should be understood that this option can be dangerous if a trader wants to immediately try to work on a real account.

  45. #45
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    Dec 2020
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    Quote Originally Posted by malopis View Post
    I think learning to work on your own is a very interesting option. But, it should be understood that this option can be dangerous if a trader wants to immediately try to work on a real account.
    It is a known fact that in the business of Forex trading the main and the important factor is to be able to learn about the markets and also educate yourself.

  46. #46
    Join Date
    Jan 2021
    Posts
    405
    I agree here, it's better to study on your own and on a good demo, I recommend the option from Amarkets, excellent functionality that will help you in the future on a real account

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