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Thread: Confidence vs Knowledge.

  1. #1246
    Senior Member fxlife2015 is on a distinguished road fxlife2015's Avatar
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    My friend we all need to know that confidence and knowledge both are needed to gain profit and to get success in trading, we all know that without proper knowledge we can not get confidence in trading, traders have to be skilled and traders need to understand the trend of the market.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  2. #1245
    Trusted Member a_for_apple will become famous soon enough a_for_apple's Avatar
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    Quote Originally Posted by pentkor View Post
    which makes us confident is a good knowledge, so the confidence and knowledge are things related. and every trader should have a good knowledge, in order to be confident in making decisions in forex trading, so it will be always take good decisions, and provide good opportunities for profit.
    true knowledge which make us more confident in our trading ability, this is good for the development of our trading career
    but let us not be too confident to underestimate the use stoploss
    because usually, people who "feel" is experienced in trading, forget stoploss which means this is a time bomb for them
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  3. #1244
    Trusted Member pentkor is on a distinguished road pentkor's Avatar
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    you will not be confident without the knowledge of the good, because there is a basic knowledge of what makes you confident. but you also have to measure how well your knowledge, not to be too confident in the trade, because it would make us tend to be careless in trade and caused a lot of errors.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  4. #1243
    Trusted Member pentkor is on a distinguished road pentkor's Avatar
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    Quote Originally Posted by saam View Post
    I think that no confidence and no knowledge. These 2 things are necessary to each other. it is not possible that you have the knowledge and no confidence or you have the confidence and no knowledge.. SO Confidence and knowledge is highly necessary to each other..
    which makes us confident is a good knowledge, so the confidence and knowledge are things related. and every trader should have a good knowledge, in order to be confident in making decisions in forex trading, so it will be always take good decisions, and provide good opportunities for profit.
    Last edited by pentkor; 2015-11-17 at 08:39 AM.

  5. #1242
    Senior Member apologyx48 is on a distinguished road apologyx48's Avatar
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    confidence and knowledge is part and parcel of the forex business . trade with forex both are necessary . I think knowledge is the best for earn money from the forex . the confidence is also need .

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Trusted Member a_for_apple will become famous soon enough a_for_apple's Avatar
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    I think both are needed, confidence will arise when it have knowledge is more about the Forex market
    because the forex market is very complek then knowledge is needed to be able to withstand the brunt of change is so fast
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  7. #1240
    Member saam is on a distinguished road saam's Avatar
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    I think that no confidence and no knowledge. These 2 things are necessary to each other. it is not possible that you have the knowledge and no confidence or you have the confidence and no knowledge.. SO Confidence and knowledge is highly necessary to each other..
    A perfect system or approach does not exist. Never has, never will.

  8. #1239
    Moderator dareking has a reputation beyond repute dareking has a reputation beyond repute dareking has a reputation beyond repute dareking has a reputation beyond repute dareking has a reputation beyond repute dareking has a reputation beyond repute dareking has a reputation beyond repute dareking has a reputation beyond repute dareking has a reputation beyond repute dareking has a reputation beyond repute dareking has a reputation beyond repute dareking's Avatar
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    Bhai knowledge pahle gain karna jaruri hota hai, aur us knowledge ka demo par istemaal karna hota hai, jisse hum logo ko yaha par trading ke liye kafi acha confdience milne lag jata hai, kam investment se is business ko fir kar sakte hai bhai.
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  9. #1238
    Senior Member vexedebe is an unknown quantity at this point vexedebe's Avatar
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    develop your self with basic and fundamental knowledge of forex trading, both technical and fundamental system of trading and that will help to build your confidence, that alone cannot build confidence. you need to have some level of winning for your trade. that is to say that your winning ratio to loss should be at least 60:40 percent respectively

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #1237
    Banned bogelfx is on a distinguished road bogelfx's Avatar
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    if we have a good knowledge in forex trading, then we will have the confidence is high, so we can and dare to face a difficult market movements and are always harmful, if we are always afraid, should return on a demo account for serious study and practice

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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