Experience Matters in Forex?

Not enough to study many of the books and apply as in the book, learning power is key to sucess and experience is more important for for forex.inexperienced person will disheart by loss because not all theories of exchange is working as it is not 100% correct theory sometimes works

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Originally Posted by vijay

forex trading me expereonce bahut mahatwpurn hai lekin rchi bhi hona aavsyak hai .jis forex trader ko achha experionce vah trading jyadater scccess rahta ha

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bhai jitna jayda experience trader ke pass hota hai, utna hi jayda fayda trader ka hota hai, experience ka khel hi aisa hota hai, ki apne haath ka experience hota hai, koi bhi isko cheen nahi sakta hai, aur experience se hi paisa kamaya ja sakta hai.:)

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Originally Posted by fiztrd

forex market is unpredicatable .. any thing can happen any time ..
thats what makes it intresting .. the one who is able to make real analaysis and able to identify the trend .. and the movement of market he succeeds .. it can be achived by constant updation of your knowledge .. bcoz ..i would say that you have to update urself each and every hour about forex market ...

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That is correct . There many thing which we must prepare in trading. There is many unexpected action. So it's almost impossible for trader get fit in market in short time. That is why you must have long time to comfort in market. After we comforting in trade we can make money for sure in forex. many people loss is not because they doesn't have strategy but because less experience.

Yes, experience in forex trading is always the core matter for traders to do. experience can come from your learn about forex trading in your school or your classes that you register for, but i think that it is a part. The important thing, i think, you must practice much by demo account untill you are confident first. Good luck.

the only things one need to understand in forex are the terms associated with it and how to use it to managing the risk that are involve.

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Originally Posted by atif58

I am trading from 1.5 years. I have read many books and websites. But when i apply my studies in real trading things varies. Everyday brings a new experience for me. Everyday something new happens. Forex is just like real world
and that we study in books is all about ideal cases.
Trading the real world is different from our studies. It demands experience which come with time.

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i really agreed with you...
kisi bhi business ko apna profession banany key leay hamara perfect hona boht zaroori hai, forex is also a business jis mai hum without knowledge or experience key baghair kaam nahi kar sakty...
experience gain karny ka sab sey asan tareka demo account par work karnaa hai agar hum demo account par work karty hain to real account mai kaam karna hamary leay kafi asan ho jata hai...

Yes experience matters in forex because forex is a risky business it requires knowledge of forex and learning of different strategies and to use them again and again on demo account, this experience will work on real account and you can earn more money from forex.

Forex trading is not just a collection of theories that are not right but also a series of experiences that continue to be fostered and nurtured cultivated in order to produce a stable resistance in actual trading, all of which lead to the accuracy of the stability of trading must be done to be repeated over again to be a very valuable when used for real estate trading.

experience bohot hi ziada matter kerta hey, ager aap experience trader hein to aap market mein non experience sey bohot ziada kemayien ge , or her critical situation ko achay sey follow ker payin ge

experience really matters in forex and it is realy great and i like forex trading because it is based on your experience if you have more experience then you can earn more from the forex and experience really matters in forex to become a successful trader.