Time or Money - Which is important for Forex beginners?

[RKumar]

Firstly, it is unwise for a new trader to invest money directly into trading. A new trader should first understand how the market works, develop his strategy and try it on a demo account.

[guru000]

Both time and money have equal importance. If you spend more time for learning it will give you good results. And also if you invest more money it will give you more profit. But for a newbie more focus should be on time. Investing huge money in start can give extrmely wrong results. So be aware of it.

[guru000]

Both are important for those who are start Forex Trading. Firstly time is more important than money. Because learning Forex Trading is a time taking task. One cannot become expert in a night. To learn forex completely you have to consult many sources of knowledge and it take time. I think daily 2 to 3 hours must be given for learning forex trading. Money is second, when you got full knowledge then you are confident and can invest in forex with full confidence. Your loss chances are low at that time.

--- Update ---

For beginners in Forex, time is more important because they need to read a lot of things about Forex, and they need to practice for a long time for them to become ready when they put real money in Forex. Money is just second more important because if you put real money if you are not ready, then you will lose all of it. So we must give more time in learning first.

--- Update ---

Both time and money are important to start forex trading. For the beginners, who are starting forex, first of all, they should invest time to learn about forex trading. This is very very important to learn about this market as this is international market and related with the world economy. So, first need to invest time to learn properly about this market, then invest money is safe to trade and profit.

[toba]

Both time and money are important to start forex trading. For the beginners, who are starting forex, first of all, they should invest time to learn about forex trading. This is very very important to learn about this market as this is international market and related with the world economy. So, first need to invest time to learn properly about this market, then invest money is safe to trade and profit.

[tresemey]

For beginners in Forex, time is more important because they need to read a lot of things about Forex, and they need to practice for a long time for them to become ready when they put real money in Forex. Money is just second more important because if you put real money if you are not ready, then you will lose all of it. So we must give more time in learning first.

[greek]

Both are important for those who are start Forex Trading. Firstly time is more important than money. Because learning Forex Trading is a time taking task. One cannot become expert in a night. To learn forex completely you have to consult many sources of knowledge and it take time. I think daily 2 to 3 hours must be given for learning forex trading. Money is second, when you got full knowledge then you are confident and can invest in forex with full confidence. Your loss chances are low at that time.

[wosh]

Specially for the new trader who are just-in in the forex market, before giving importance to earn money they should give first preference to the learning forex first. You can't start forex before having a firm grip on the knowing the historical background and what is actually is forex is all about. After study in a proper way the forex and after availing all possible information terminologies of the market, you can stand tall strongly in the financial market. So my view is to give importance to the learning before getting into the real market.

[besar]

In fact enough time that your starter stays within finding out offer your pet essentially the most cherished out put in which allow your pet to generate gains through the entire lifetime, and when you will spend your hard earned dollars specifically you will reduce the idea and may return to finding out method, so just why not necessarily study from the primary in addition to starting phase without having making looses.

[balla]

I think money is not more important than time when a trader is beginner. Because this time is learning period for beginner. After learning period when he gather knowledge and experience very well then he can make profit comfortably. For the beginner I think time is more important than money. Because the beginner should spend his free time to learn about forex trading. So after he gets strategy, with small money I think he will get more profit in forex trading.

[moive]

newbies should make investments their occasion first ahead of thinking for taking fit some money on their expense. through adding the very best understanding they're not going to simply make investments for your minute although more essential it will be their quite foundation within their long term buying and selling pursuits. learning is the need of the time. I also started to study in the demo account, I learned the trading system and trying to trade in a disciplined, it is the preparation before trading on real account.