The best way to learn to trade forex is to trade forex.

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Originally Posted by lorelaine

I have read in 1 article that, "The best way to learn to trade forex is to trade forex." That is so interesting like putting the hypothetical theory into practical exercise, as they say wisdom is the best way to learn, so this applies to Forex.

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that is true practice makes a man perfect but in forex market before practice trader must have to learn about basic things about FOREX market. with out basic lknowldge people can not learn any thing in forex market

I think after demo trading for sometime, its a must to start real trading and you should start with a cent account. You must trade in real account to get real experience. Demo trading only lets you feel the MT4 and all its functions but you need to trade in real account for real emotional training.

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Originally Posted by lorelaine

I have read in 1 article that, "The best way to learn to trade forex is to trade forex." That is so interesting like putting the hypothetical theory into practical exercise, as they say wisdom is the best way to learn, so this applies to Forex.

www.worldbrokerawards.com

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Is very true, that if you want to lean how to trade, then you must trade. If you depend only on reading book, then you will always face loss and not be able to make profit. Practical experience is only what will make you improve in trading.

we are all here to learn, from wherever the source it is the best we can do. but not least is learning to control himself and emotion, the application of good money management.

In my opinion,I think he is talking about praticing more in forex trading.I think the best trading skills are from our own experience.Pratice makes perfect.So I think those words maybe suggest traders to earn more experience in forex.

when I start trading in forex market, many people have told me that forex is not true and gives no opportunity, but I try anyway, I lost at first, but after 6 months of experience I started to enjoy the good pips per day, and I create my strategy.

there are many ways to learn forex trading but i prefer to demo account where you can learn by practice and getting more knowledge about forex which is more helpful for your trading and you can play your trading easily.

I am also visited your site but not clear about your opinion. Sorry for that if you have opportunity please share your details normally.
I think the best way of Forex learning need study more and more. Present life means practical life so need practice at the same time. Demo a name of success. Almost all broker also help to make good trade by providing E-book, Video tutorial, and technical analysis. So I suggest all that new to know, try to find out.

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Originally Posted by evostaff

yes, i agree with you. anyone who would jump into forex should know about the techniques and risks, how we will benefit if we don't know about it.

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yes true, we must know the risks of trading forex. therefore we have much to learn on demo account or real account cents, in the two accounts we can train ourselves to be able to analyze it well, making money management, but I suggest to create a real account in a cent, in order to train our psychology .

I do agree that practical trading experience is just great and help us to take decisions right at the right time. No matter whatever theory we learn the market moves in its own way and is very hard to predict with most of the methods available. So Hands on experience is the best teacher for the traders.