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  1. #1
    Join Date
    Jul 2020
    Posts
    162

    Gaining knowledge and skill

    Forex trading has a lot of potentials to make good profits. Traders can even make a lot of money from trading. However, traders should focus on gaining knowledge and skill in trading. If they do, in the long run, they hope to have a good income from trading without any problems. That’s why many brokers offer free educational resources to their traders.

  2. #2
    Join Date
    Jun 2020
    Posts
    77
    Before we start trading in the forex market, we go through training in order to understand the essence and all the trading tools. But in the future I can say that learning and developing skills are very dangerous and this helps me a lot Amarkets.

  3. #3
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,157
    Quote Originally Posted by Ariuron View Post
    Before we start trading in the forex market, we go through training in order to understand the essence and all the trading tools. But in the future I can say that learning and developing skills are very dangerous and this helps me a lot Amarkets.
    We can increase our knowledge and understanding about the Forex trading business by giving some time into this business and also doing it at the correct time.

  4. #4
    Join Date
    May 2020
    Posts
    1,473
    Without skill and knowledge, there is really nothing to do in this industry. Only in this way can a trader get the desired result and achieve success.

  5. #5
    Join Date
    Aug 2020
    Posts
    75
    Traders should be aware that Forex is risky. Some professionals already have a good strategy and are making a lot of money on Forex, but that may be just a few. Without learning, you will not be able to survive in the forex market which has a volatile trading environment. So, traders especially newbies, must focus on the learning process. Like many brokers, Eurotrader also offers educational resources for traders.

  6. #6
    Join Date
    Dec 2020
    Posts
    25
    Having gained knowledge, we must understand that in practice, adjustments will be made, so we need to prepare ourselves, which is why I started with the Amarkets demo account, where I was prepared both mentally and physically.

  7. #7
    Join Date
    May 2020
    Posts
    1,473
    Only knowledge and experience can a trader get the desired result. It should be understood that there is simply no other way out of this situation, and this is the only way to success.

  8. #8
    Join Date
    Jan 2017
    Posts
    991
    If you have small capital , I think you have to trade with small leverage , because high leverage always contains high risk, if we have real risk managing plan including sufficient trading balance then it is possible to make money very rapidly by using at any kind of leverage.

  9. #9
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,157
    Quote Originally Posted by John Miller View Post
    If you have small capital , I think you have to trade with small leverage , because high leverage always contains high risk, if we have real risk managing plan including sufficient trading balance then it is possible to make money very rapidly by using at any kind of leverage.
    When we are trading with a Lower Leverage settings then the risks in our trading will start to come down and we can get more profits also.

  10. #10
    Join Date
    Jan 2021
    Posts
    405
    forex is such an occupation where you need to constantly improve your knowledge and skills, this is the only way to achieve good results in terms of profit

  11. #11
    Join Date
    Jun 2020
    Posts
    205
    Earning in forex can be easy if you follow the rules and regulation of forex. If you don't follow the rules, Your investment can put you in danger. Little knowledge about forex can bring loss for you. It will be good if you proceed with a plan to make profit. Your broker can help you to make the plan. I am currently trading with Forex4you. they help me while i am trading in the market. I love to trade with them because of their tight spreads and dynamic leverage.

  12. #12
    Join Date
    May 2020
    Posts
    1,473
    I believe that these are generally the key parameters for working in this industry. It is almost impossible to get positive work results without experience and knowledge.

  13. #13
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,157
    Quote Originally Posted by malopis View Post
    I believe that these are generally the key parameters for working in this industry. It is almost impossible to get positive work results without experience and knowledge.
    We need to learn the Forex trading skills and also understand that trading will take time. We need to be ready for spending some time in the Forex markets.

  14. #14
    Join Date
    Jan 2017
    Posts
    991
    Each the trader has a choice of the broker to be used , should the trader can choose a broker that is more appropriate to the concept of trading that will be used , if you love scalping should choose the broker that allows trading concept such as this. as a scalper from my first day of trading I have been using LQDFX which is real STP Execution trading platform and for all time permits scalping including lowest trading spreads . so, my trading life is very much comfortable.

  15. #15
    Join Date
    Apr 2017
    Posts
    714
    Not only for the new traders but also to the maximum traders the short-term or scalping trading strategy is the best. People who have small capital and can’t afford big loss if happen, scalping is properly perfect for those. As a scalper I am getting all types of scalping facility from TP Global FX the best STP Forex broker. They provide – narrow spread, low commission, instant market execution, smart bridges of technology etc.

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