Forex Education

Education is the most important thing in trading. If you don't have any knowledge about trading you can not make money from this market.

Currency Trading for Dummies, by Brian Dolan and Day Trading and Swing Trading the Currency Market, by Kathy Lien are the best books that I can suggest for forex education.

Forex is tough for those who don't have enough knowledge about the market. Without knowledge, you can not make money from this market. But, if you have all the knowledge about the market, you can easily make money.

Before one starts their journey as a forex trader, its very important to educate yourself about how things work in forex. Knowledge must be gathered from various sources such as Youtube, Babypips and the like if one wants to follow a systematic approach to becoming a good forex trader.

Forex market is where currencies are traded in pair. It is a work of professional people. If you want to make money here, you have to be skilled. You have study and research a lot. If you think making money is easy without learning, don't come here. Be determined to develop skills.

to be a professional trader is a big deal in Forex trading , need to pass a long time with great patience of level. also need a reliable support from a credible trading broker.

what you think there is any reason or any
different between successful or professional trader ? sometimes i feel its all about same issue.

Self learning is the best way to enrich yourself. There are different types of trading style. First discover which one is good for you. Invest your time and labour. Read different books on forex trading. You will know by yourself what you need.

If you want to join the Forex World, you must first get an education. Because you need proper knowledge to develop trading skills. And this knowledge can be obtained from various online sites.

education is important but according to me, any kind of education can be useless if there is no money management , so we the traders have to emphasis on money management first of all.

I think you can learn from YouTube, community forums, a lot of forex education depends on demo practice.

Scalping is the strategy which is taken by mostly new traders. They use this strategy to make money quickly from the market.

Success is never achieved without trading education. Beginner traders lose most of their time due to a lack of general education.

Yeah, Its about the constant learning that one has to put in, if they really want to emerge successful.

education is more important i know , but honestly speaking trading level can be useless in spite of having much education if there is no regular practice.

its a very common suggestion but of course affective, because without no practice there is no way to survive.

Indeed practice is the best way to refine your skills in forex.

and for practice we traders always focus on demo account but i have seen demos knowledge not works when trading in a real account. i prefer always micro for practice.

Open your chart. If you see price going down sell else buy.

when it is time to get educated , it is more appropriate to pass a demo account , because its the master place to become a knowledgeable trader very rapidly.