i think its enough time for doing well. when we trade for long time then we can learn and get experience about forex trading.
i think its enough time for doing well. when we trade for long time then we can learn and get experience about forex trading.
In my opinion, it's better for newbie to spend about 1-3 months in demo account first before they entered into real account. It's important to know many conditions in the market and we learned many kind of strategies. After that, we can try to enter in real account with small amount of capital.
This is the most widely given suggestion for all the newbie traders. But somehow they tend to not follow this advice and start repenting once they have lost money to the forex market. Thus, these kind of traders lose the money and then start learning again from starting.
I think very able to be a successful trader in a year. if we discipline in trading and use a good MM. as the main cause of loss that a trader often emotional trading and the use of lots that do not conform to the MM.
On learn fast or long i think all depends fron your strategy some trader do manual trading by compounding 3-5 indicators... and some trader only follow one indicator buy and sell indicator... so basically it all depends on your strategy how you are going to entry and exit. And its develop monthly even yearly.
successful trader is a trader who was able to master the science of trading forex. so that the time required is highly variable, even I never encountered that a successful trader before a year, but there are also successful when trading has reached the age of 8 years.
One year is not perfect for indicate successful trader because many trader cannot understand more and they invest this time some amount. For prove them self need more than two years and it is also depends on individual ability about forex trading. So need experience for short time success.