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My friend confidence and knowledge both are related to each other. without knowledge and education it is not possible to be a confident trader. My friend we have to learn forex trading with confidence and good knowledge, The most important part is to understand the technical and fundamental analysis of the market.
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We dont need to compare which one is more important on forex.Forex need all knowledge,confidence,patience,discipline,Dedicatio n,Investment every thing.The more you trade with following all the rule you will get more sucess on forex.winnig on forex is very hard nothing seems to work on forex.
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confidence aur knowldge do alag alag cheezen hain aur jin k zarye say he her trader apnay business ki shuruwat kart hai yaha pay is buisness ki her bar he samjh ana aur phr us pay amal kar lena he apnay lye zrori ho jata hai aur kam b acha chalta hai.
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Knowledge se hi humen cofidence milati hai, bina knowledge ke confidence nahi milati hai, confidence ke bina knowledge bekar hai, esiliye dono hi ek dusare ke purak hai, trading karne ke liye dono jaruri hai.
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Both knowledge and confidence is highly necessary for getting success in Forex trading. Now the thing is after gaining knowledge only you will be able to get confidence, as after learning you gain knowledge which gives you idea which be the support or resistance level for that day, so that you can get confidence whether to create a short position or long position and what should be your stop loss and profit booking level.
So knowledge first then confidence will come automatically.
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Knowledge makes a man confidence. In forex more knowledge require for a good earner, without knowledge you can not earn a single cent from the forex trading. So that gain more and more knowledge about Forex trading and be confidence on self that you would must earn good earning from forex.
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Both things are very much important if you have to gain good income from the forex trading so try to gain knowldge each day so that your confidence will increase and you can make more income with the help of that confidence.
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sir ak good forex trader banne ki liye ham trader ko ye dono ki hi jayda jarurat hoti hai , jaise ki ham trader traded ko acche se karne ki liye knowledge ki jarurat hoti hai or hamko ismarket me kam karne ki liye jitna jayda knowledge hoti hai hamko use se utna hi confidence hoti hai or jo traded ham knowledge or confidence ke sath karte hai hame traded karne ki liye utna hi asani hoti hai .
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Actually I think its true the confidence and the knowledge are the basic for succefull trader and it's amazing if u have those bothe becaus they make u earning a lot of money in just few time
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Mien nahi samjhti key ap mien confidence tab tak aa sakta hai key ap key pas knowledge na ho kiyoun key confidence tab he aata hai key jab ap earnings kartey hain or earnings tab tak nahi hoti hain jab tak ap key pas knowledge na ho.