Time or Money - Which is important for Forex beginners?

[nobel77]

i think time is more important for Forex beginner because if new comer give time on Forex market he learn more about Forex in future this learning bring him success , every successful traders must be given time when he was a new comer .

[aptx4869]

I think to be a pro trader, we must calculating everything. Not only the money, we must know how to take advantage from the time too. Many traders just thinking how to get lots of money form forex with only their knowledge and their management. That was impossible to get success if we can manage our money and out time. Try to understand everything is important in forex, money is need for transaction, because in forex we are trade money. Time is need to know when we must entry or exit from market. That was really important because if we do not have knowledge about the time management we will waste our time at front of computer with nothing.

[dmambi]

We are here to make money by spending our time with Forex trading business, and hence i feel money is important that is why we are spending our time to make money. otherwise we could have not started trading Forex here. Also i feel it depends on the individual traders conditions.

[ishvara]

Time is the main thing that all forex traders needs to put in place before they succeed in forex trading business. No need to look at money making, as long as we have invested time and learnt forex trading, then the money will not be a problem.

[sammy]

both are equally important in forex and if you do the mistake of neglecting one of them, you are digging your own grave. just to be on a winners circle, just analyse well before putting on a trade and risk very little.

[Farooq787]

Biggners k liye time aur money donon ki bohat ahmiat hay, forex ko seekhnay k liye kafi time daina perta hay tab ja ker ap ko forex aati hay aur money bhi honi zarori hay forex mein invest kernay k liye, aur ager ap k pass time hay aur money naheen hay to ap kia karain gay bagair investment k aur ager time naheen hay aur investment hay tab bhi koi faida naheen kion k trading k liye full concentration zarori hoti hay us k bagair loss hi hoga.

[assi]

time is very important in forex tradings because if the time will be utilized well in forex then i can say that we will get some good experience in forex and it will give us lot of money with the passage of the time.

[budado]

Time and money is both important. Its like saying what is important when your flying a plane. Fuel or the plane? If you have a plane and your flying without fuel what do you think going to happen? or if you have fuel but you don't have a plane what do you think will going to happen? Same thing. In forex trading. in forex trading you need both time and money in order to succeed. Having low investment means its going to take long time to earn and you are prone to MC. while if you don't have time then you can't have solid strategy or long term strategy. As you can see the longer you hold your position the longer you can make profit.

[truegoa]

Just my opinion, we should count money as better chance for being success in this business that time. With sufficient amount of capital even with less and strict time to trade we can gain much money as reward, since we can trade as position trader. But, with much times but very little money, we will just trade in tiny result circumstance all the time.

[waqasma]

In my view timetable and money management both are very important in Forex. A trader must have a good timetable to trade and much money to trade for cover the loss if he/she takes some loss on the start. Must have a portion of time to learn and practice and must give some time to trading.