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I will vote for time.. Because money dont matter at all in forex.. If you know how to trade then you can make 1 million dollar with just 1000 dollar.. but if you dont know then it will not take enough time to drawdown to 1000$ from 1 million.. this is why money plays no part in successful trading.. You must learn all you can.. and to learn you need to invest enough time of yours..
in my opinion time and money are two things important for forex bagginers you have do not spend your time because time is money.do trade carefuly and take your time to analyze to get profit.
Forex needs first to the time initially to learn the subject pattern, a good long time and read lots of books and topics Mufadhthm begin the application Matalmh account trial long enough and feel that he became well and able to deal with the real account at this time needs a capital good start it but Aansah be first deposit large because most Forex traders are losing their first account because of the emotions and greed
form my point of view both are importance in forex when you are learning in forex what is forex you need time for sure in other case when you investing in forex you need money for proper money managementQuote:
Originally Posted by anoha
I think for a beginner, time is more important than money. we should be more focused to learn and practice trading with a better than focusing on money. if we have a lot to learn, we can focus on money
the experience to discover is actually the main target that a Forex newness trading newbie needs. they staleness instruct some Forex before they kind any money so it is eminent that they adorn their minute to hear about it.
The first thing that a forex newbie needs in forex trading is to invest their time. When they invest their time and make some good profits in demo accounts, then they would switch to live accounts and then invest their money.
I think time and money both are very important for life. If you dont have one of this then your life is very hard. But i think time is never come back but if you lose some money then it has chance to come back.
Time and money are inter related so you cannot take one and leave one. The amount of time you invest in forex is equal to the amount of money you will make in forex.
i put money more than time.. i put awareness more in my money.. thats what i did.. i trade mostly to make a save action to my balance.. not to trade if its will broke my money.. the one i have to hold is my balance is quite enough to trade and get profit from it..
TIme? yes, i learn from this forum, and it takes some time, but i can always view some review from other trader about some stategies and sharing thoughts about forex trading, it improve my experience by reading others experience.. but still, my money that i have to save first..