Knowledge is Power

What a great thread. Here is is my two pennies worth, or £2m worth depending how you see it

Knowledge is only power if you tactfully use it and dont let get emotions get the better of you.
Have been involved in educating traders for ten years and in that time i have found that emotional attachment to trading can be a killer to the traders business

Many people have tried to remove the emotional attachment, by using robots and indicators, but unless they have created them themselves how on earth can they know they are valid and they actually work. And they cost money and take time to create

I set up a challenge to myself three years to do this myself in a much easier format and now i trade entirely automated using a simple system that actually does what its intended to do.
I work on a principle on selling the highs and buying the lows, and created some alternate versions of indicators to determine these points.
Now i dont get it right every time no one can, however there is zero emotional attachment to trades and I am able to focus on my own life and my precious day to day activities.

I hope that is of value , either 2 pennies or £2m , i let you decide

Two Year Treasuries down at 2.57% Gold is Up Oil is Down and markets are negative. Some money going back to Bonds.

Yes knowledge is POWERFULL WEAPON of a trader. The more powerful knowledge trader has he becomes successful in trading which will help him earn more profit.

Absolutely, I really liked the title of the thread, actually you can do wonderful things with the knowledge you have, read a lot and in case you can practice something do it

Knowledge is power, you can't do anything right without proper or significant knowledge. A phase says Half knowledge is dangerous, in the same way if you don't have proper skills and knowledge you can lose your money in forex.

True. Trading like any other profession requires 1) Understanding & 2) Practice, and in the same order. Both of these require time and dedication. Trading without knowledge is comparable to gambling and gambling isn't fun once you begin to lose.

Many people do not realize the potential of knowledge in this industry. To become successful, one does not need to become a rocket scientist. He only needs proper ideas that will lead to productive outcomes. The majority of investors don’t know where to get the right information. They end up in the wrong places, get brainwashed and lose the capital. Many traders do not give importance to education. They on free resources that are available for everyone. This helps but common strategy brings a common result. This article will explain how performance can be taken to the next stage when knowledge is applied. With a little cooperation, a hardworking person can make a fortune. Try to stay one step ahead of the market by remaining up-to-date with the latest news by obtaining the latest information.