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the most important things in forex

  • #121
  • Jul 25, 2018 9:30pm Jul 25, 2018 9:30pm
Note that you can learn for free and there is no need to pay for courses or mentors. Forex trading is accessible, exciting, educational and offers traders lots of opportunities.
  • #122
  • Jul 26, 2018 1:27am Jul 26, 2018 1:27am
Quoting mlawson71
{quote} I rarely watch youtube tutorials, to be honest, I can never fully focus on a video the way I can when I am reading a text.
Interesting; because I think watching video is more attachable than reading any article.
  • #123
  • Jul 26, 2018 2:52am Jul 26, 2018 2:52am
Quoting Butterscotch
Note that you can learn for free and there is no need to pay for courses or mentors. Forex trading is accessible, exciting, educational and offers traders lots of opportunities.
So true there are multiple sources available on the internet to learn forex then what is the need to spend money on the forex courses or mentors.
save that money and later use when you start trading.
  • #124
  • Jul 26, 2018 10:10am Jul 26, 2018 10:10am
Quoting ZikriIrfan
{quote} Interesting; because I think watching video is more attachable than reading any article.
To each their own, I guess. In the end, whatever works for you is what is important.
  • #125
  • Jul 27, 2018 3:46am Jul 27, 2018 3:46am
Quoting mlawson71
{quote} To each their own, I guess. In the end, whatever works for you is what is important.
True fact; there is no specific rule actually! And, end of the day we need our own style of trading & learning as well.
  • #126
  • Jul 28, 2018 9:25am Jul 28, 2018 9:25am
Quoting ZikriIrfan
{quote} True fact; there is no specific rule actually! And, end of the day we need our own style of trading & learning as well.
A trader should never be afraid to experiment with trading approaches until they find the one that suits their needs.
  • #127
  • Jul 29, 2018 8:49am Jul 29, 2018 8:49am
Quoting mlawson71
{quote} A trader should never be afraid to experiment with trading approaches until they find the one that suits their needs.
Agree, but a number of traders lose their momentum in the mid path; that’s really unfortunate.
  • #128
  • Jul 30, 2018 8:52am Jul 30, 2018 8:52am
Quoting ZikriIrfan
{quote} Agree, but a number of traders lose their momentum in the mid path; that’s really unfortunate.
Has it ever happened to you?
  • #129
  • Jul 30, 2018 9:44am Jul 30, 2018 9:44am
Try to find your own way of trading by learning from other traders, make sure you make enough time to educate your self before you take any big commitments.
  • #130
  • Jul 31, 2018 6:15am Jul 31, 2018 6:15am
Quoting mlawson71
{quote} Has it ever happened to you?
I meant, learning momentum actually! Initially sometimes, but now I know the way of recover.
  • #131
  • Jul 31, 2018 8:56pm Jul 31, 2018 8:56pm
In forex, every concept is having its own importance. SO Forex is all about important points.
  • #132
  • Aug 1, 2018 2:45am Aug 1, 2018 2:45am
Quoting Butterscotch
In forex, every concept is having its own importance. SO Forex is all about important points.
You are absolutely right every concept has its own importance in the forex world. Don't miss or avoid anything.
  • #133
  • Aug 1, 2018 6:00am Aug 1, 2018 6:00am
1st and 2nd only?
Passion and Passion are the minimum eligibility for successful trading in Forex.

3rd and 4th?
Education in Forex and mental behavior are what separates trader from gambler.

5th and 6th?
Fundamental analysis and proper risk management.

7th and 8th?
Schedule proper priority and love your family.

9th?
Winner
  • #134
  • Aug 20, 2018 4:01am Aug 20, 2018 4:01am
Quoting Butterscotch
In forex, every concept is having its own importance. SO Forex is all about important points.
I second that. Forex is very dynamic in nature. Just when you think you have mastered it you'll be confronted with another concept that you were previously unaware of. Forex markets tend to be complex since there are so many economic (and other) factors driving it. You have to keep tabs on multiple things to be able to understand it clearly and properly. And that takes a lot of time.
  • #135
  • Aug 23, 2018 9:54am Aug 23, 2018 9:54am
Quoting goldsniper
{quote} I second that. Forex is very dynamic in nature. Just when you think you have mastered it you'll be confronted with another concept that you were previously unaware of. Forex markets tend to be complex since there are so many economic (and other) factors driving it. You have to keep tabs on multiple things to be able to understand it clearly and properly. And that takes a lot of time.
After years of learning and trading the best thing I learned was that I still have so much to learn.
  • #136
  • Oct 3, 2018 2:21am Oct 3, 2018 2:21am
Exactly , there is no ending of learning in Forex trading , it like a mathematics , if there is no regular practice , no chance to bring good result.
  • #137
  • Oct 3, 2018 2:45am Oct 3, 2018 2:45am
The first important factor is choosing a right broker (look for the reliable client support which is needed). The second would be emotions which needs to be strong, [greed is a big no-no, patience a yes-yes] and third, good knowledge in trading [continuous learning is needed]
  • #138
  • Oct 3, 2018 2:53am Oct 3, 2018 2:53am
Quoting AdamCrist
Exactly , there is no ending of learning in Forex trading , it like a mathematics , if there is no regular practice , no chance to bring good result.
Please STOP necro'ing threads and just pasting the same repetitive BS all over these threads. Look for a decent thread and respond to it. Don't just pick and choose old threads just to throw a little morsel of your philosophical "learnings" that you want to share with the world.
  • #139
  • Oct 4, 2018 3:25am Oct 4, 2018 3:25am
According to me , there is no one who can avoid loss completely in spite of having good knowledge and experience , so keep the mentality how to faces loss when trading .
  • #140
  • Oct 12, 2018 6:05am Oct 12, 2018 6:05am
For me, you must control your psychological situation when you lose. You have to be patient.
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