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Well,i am not experienced and i am with forex for some days.But there is no reason to disagree that all the forex traders should gain the experience to become a successful forex trader.You spending a lot of time in this market should increase the knowledge about the market although some times you will face with unknown things.So clearly it is different from our book world.
thats whats trading mean ... we have to try and do it our self
and day after day Experience well grow .. and your trading is gonna
be pro
experience and theory or reading from book is not always same.sometimes it takes big difference between books and experience because we always gain experience in practically and we can implement it.but by reading we can not always implement .real trading just like this.we can not do real trading without experience.forex trading also like this.
practical knowledge is essential in forex trading. we can discover by simply examining ebook along with forex trading facts but it more quickly to find out by simply performing. the market is usually adjust quickly along with we can discover the item by simply dealing, have the practical knowledge. therefore we can update each of our tactic along with dollars manajemen.
When stock market is going down and down, in forex, one currency is always up! forex market is larger than stock market.here knowledge and experience is must for trading and to earn profit...Quote:
Originally Posted by atif58
yes you're right, trading is a real business that actually occurred by real events, based on economic activity. the book is just a tool used to study the strategies most appropriate to be used according to the actual market conditions. make the book simply as a tool, not trading based on the text book, but trading based on the fact that will make us successful a trader.
I think that experience is very important and without experience success does not come in foreign currency trading because it is experience that can make us do open transactions and make a profit through easily
with the experience we can understand the problem suppose to address market conditions in the condition we can melakuak sideway scaling, without extensive experience we will not know the techniques of scalping so we can get the maximum profit
i think you are right we have to start trading and continue to study about the same work because there are lot of new terms and there are lot of new conditions of the market which we can never learn from only books we have to continue our practical at the same time also
day to day experience is more important.if u have good knowledge then u can perform very well otherwise u will not consider as good trader..learning is part of entire trading and should be continue till we are trading..and we can gain experience from learning and faults or mistakes..Quote:
Originally Posted by atif58