Do We Need to be Smart for Trading Forex?

You have asked a good question yes forex only for smart people. We can trade both position buy and sell. Smart in sense when you trade without greed and emotion...

haanji forex trading mein hard work karne ke saath Smart work bhi bahut jaruri. For example agar aap forex mein bahut hard work kar rahe hain phir bhi aapko woh result nahi mil sakte jab tak aap trade smartly karna na sikh jaaye, kyonki jab aap right time par position open karte hain toh hi result aapke favorable hote hain. Otherwise, toh itna hard work karne ke baad bhi trader better result na generate karne ke karan frustrate ho jata hai.

yes,smartnes is a great virture. In forex trading a trader must have take every trading decision on the basis of analysis.When a trader is smart then he take correct decision.and be a smart in forex you have to learn more and practice more and more..

Yes.. You are right, smartness and hard working both are important to get the success in forex... We should do forex trading with complete knowledge, skills and strong emotions..

actually a successful trader or a good traders a smart person. and thus he can earn a good profit from forex by trading.

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Originally Posted by taufiqbd

In forex trading a trader must be smart because a trader need to good education background and good analytical and mathematical power. In forex trading a trader must have take every trading decision on the basis of analysis. When a trader is smart then he take correct decision and make wining trade.

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I know that we must practice every day. But what about my question. Is you have to become people of high intelligence in forex trading. Since many traders fail to get money in their business portofolio. Is it because we are not smart if we still fail to trade and make money, or there is another reason.

Forex Market for Smart people good Question .some time intelligence involve in trading but its right when you buy at the time of buy and sell at the time of sell . therefore Intelligent people made right desc ion

ok thises a successful doubt . smartnes is an heavy virture whom we tend to demand to be able to make money. indeed smart as well as intelligent seller needless to say produce money along with be successful on their work more than folks .

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Originally Posted by jmsblack18

This question always come in my head when i lose in forex market. I always sad and think maybe i not smart enough to trade forex. Is forex only place for smart people who have high intelligence? I always search this question. My friend was ever talking to me, if Issac Newton to ever lose in stock investment.
So how do you think. Is forex only for smart people?

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Yeh you need to be smart enough to deal with the risk involved in forex trading, and manage your capital well also mould your plan according to current sitaution.

in every business you need to b a smart business man but in forex it is necessary to become a smart person because smart person can be a good investor and profit maker and a good planer