Time or Money - Which is important for Forex beginners?

for a newbie, time is important for Forex trading.at first you have to give so much time to prepare yourself.after a couple of months preparation you will need not to give that much time or that much money.happy trading

Time is money, so I will say that both are quite important. If you spend money to learn it will save the time that you will have spent to learn for free and you will also start to earn faster because you have learned faster.

To me, time is most valuable rather than money. Because if you do not learn the basic knowledge about forex, then you cannot trade well. After that if you invest money than you can suffer from huge loss. So always be careful about this. I can say that first priority should be time and we emphasis on time more. After getting experiences, we can invest money to get more profits.

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Originally Posted by gala

Both time and money have equal importance. If you spend more time for learning it will give you good results. And also if you invest more money it will give you more profit. But for a newbie more focus should be on time. Investing huge money in start can give extrmely wrong results. So be aware of it.

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but in life, timing is something that can not be purchased with any money ..
we should be able to use the time well by doing activities that are beneficial to life.
for beginners the best way is to invest the time to focus on learning.

Both time and money are important for forex beginners as it is said that time is money , so traders who spend their time wisely and in right direction are said to make more money.

dono bahut jaruri hai my friend. money ke bina aap trade nai kar sakte aur trade karne ke liye jo knowledge chaiye wo aapko time de kar hi milegi so mein to manta hu dono hi bahut jaruri hai.

As far as I am concerned,I think money is not so important for the new beginners.Time can the important one.When we are new in forex,I think we need to learn more about trading skills.Till we can be a professtional traders,I think profit will be the important part then.

I think both are very important. Many people say "time is money". So, time is money, meaning if we can utilize it as much as you. it is our time for any activity not in vain. to get any money also takes time.

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Originally Posted by panicky

I think both are very important. Many people say "time is money". So, time is money, meaning if we can utilize it as much as you. it is our time for any activity not in vain. to get any money also takes time.

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mujhe bhi yahi lagta hai ki forex me time ki aur paise ki hi keemat hoti hai kyunki jo bhi trader forex ko poora time deta hai usko aceh se study karta hai aur fir uske baad thik se money management karke trading karta hai usse forex se bahut fadya hota hai

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Originally Posted by kalex76

Forex beginners comes into this Forex trading field basically to earn money but for this they have to invest time to learn and as well as they should have money to get more profit .Which is important for them -
Time or money,which is important? - share your opinion about the fact.

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investing time is more important to a beginner than money. Forex involves high risk and to learn how to trade well should be the first priority for every trader. time spent of learning the market and the experience gained trading will be a big bonus in course of time. so spending quality time reading books on forex, surfing the net, spending time on forums are indeed small step required to build this business