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  1. #31
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    QuoteOriginally Posted by sumair farooq View Post
    yes forex trading is first step that is knowledge , forex is a good business, you can do trade that you will be firstly knowledge of forex an then u will be leraning forex that we can do trade an earn money,
    All the traders here in the trade market are going to need to at least understand the market well firstly if they wish to be trading properly here in the trade market.And if the traders will lack the knowledge and understanding of the trade market then they will always be losing here in the trades.For all the traders it is always important to therefore firstly understand the market well and unless that is done then the traders will not gain at all here.For all the traders therefore it is important to try and understand and have adequate knowledge of the market first.

    And for that reason the traders can try to take part in the demo accounts and also participate in forex forums like these and then gain some worthwhile knowledge of the market for sure.And if the traders donot try to gain knowledge of the trades before trading then they have to face losses.

  2. #32
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    Every people know that world is the room of learning knowledge. We can learn from any people from any things if I think about this. Forex trading is not only for earning profit but also it is for earning knowledge. A non-educated person can learn from Forex trading. Every people trading in the Forex by English language. And English language is an international language. So every people can learn from Forex trading. So I can say easily that Forex trading is the best to earn knowledge.

  3. #33
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    QuoteOriginally Posted by jahid View Post
    Every people know that world is the room of learning knowledge. We can learn from any people from any things if I think about this. Forex trading is not only for earning profit but also it is for earning knowledge. A non-educated person can learn from Forex trading. Every people trading in the Forex by English language. And English language is an international language. So every people can learn from Forex trading. So I can say easily that Forex trading is the best to earn knowledge.
    Frankly speaking i did not really get you, you say we are not here to earn money but to gain knowledge. Knowledge about what, is not that knowledge related to forex trading that is going to help us earning money of our forex trading business.

    Yes i agree that is more we gain here than money alone, apart from gaining trading skills we gain some skills that help us in other aspects of our life also. Like we become more courageous, better risk manager, and less emotional and more planned.

  4. #34
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    If trader know that how they can save their loss and manage their trades then he is a good trader but if they does not know about that then they should need to increase their knowledge about trading and trying to manage their trades because without proper knowledge no one can get easily success in trading.

  5. #35
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    forex is like a sea and there is no limit of knowledge matter fact more knowledge we have more money we will ean in forex trading as a good trader we should get all the knowledge about technical and fundamental analysis and we should also learn about the history of forex trading we history tends to repeat itself.

  6. #36
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    gain knowledge is the main thing that we must make as a main objective in forex trading, because to be able to get profit from forex trading, we would need a very good knowledge of the trade, and if we only have a masters to get as much money from forex trading without wanting to get a good knowledge, then we will never be able to get money from forex trading, because we will never be able to trade well and we would never think about the risk of loss that will occur in the trade we do

  7. #37
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    Well first of all there is no unit fixed for measuring the knowledge one has. In real world we do have degree, diploma certificates, whereas as I know there are no such courses for Forex trading. So it is not easy to say how much knowledge one should possess to make money and be profitable trader.

  8. #38
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    Basically the new investor always experience some problems when they create the business. Currency dealing is a wide factor and you have to comprehend and know primary factor of currency dealing. Another factor in that a new investor should do more exercise to obtain the encounter. So I think the deficiency of experience and encounter is the primary hurdle for dealing I the first time.
    "By Changing Your Thinking"

  9. #39
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    QuoteOriginally Posted by rizal83 View Post
    gain knowledge is the main thing that we must make as a main objective in forex trading, because to be able to get profit from forex trading, we would need a very good knowledge of the trade, and if we only have a masters to get as much money from forex trading without wanting to get a good knowledge, then we will never be able to get money from forex trading, because we will never be able to trade well and we would never think about the risk of loss that will occur in the trade we do
    Trying to get a lot of informations and knowledges about forex is important part but it is not enough to get knowledges only to become good traders because forex is not only theory so we can't trade well with collecting and reading many sources, strategies, system, etc about how to trade well but we need to know how to implement it in real condition too.

    There is no one who can become good trader with learning and getting knowledges only but all of them should try to implement it. The most effective way to know how to trade well is by doing, I am sure learning by doing is more effective than only reading.

  10. #40
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    Forex is a great platform for gaining knowledge and earning or making money. A trader with his skills can easily earn regularly. He can also use forex in order to enhance his skills and can gain a lot of information about he foreign exchange market.

  11. #41
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    Any body can start and trade the forex market , but to be able to make money in the market , one would need to learn intensively , practice and create a good trade plan in the market , that is the only thing that ensure a trader make a consistent profit at the end of the day, there is no magic or luck only the serious and hard working traders makes it in here

  12. #42
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    Of course! main knowledge gain a way to success in life. There are no way to success in life without knowledge. So everybody should gain many knowledge of Forex trading. If we are not gain knowledge of Forex trading surely we are unsuccessful in Forex trading. When we gain main knowledge of Forex trading then we can how to operate it & how to start trade & how to end trade. At last I told that
    If we are gain knowledge definitely we success in trading.

  13. #43
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    Forex is a site where we can earn a lot of knowledge. An uneducated person can learn more from Forex trading. I think Forex is the best site not only earning money but also earn knowledge. In the Forex site there have many people who discuss about many things. So if a man work here he can earn a lot of profit and can earn a lot of knowledge. We know that knowledge is power. If a nation is not powered by knowledge they have no value in the world. So every people should take earn a lot of knowledge from Forex trading.

  14. #44
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    i think in my point of view in forex trading long time to be able to get the knowledge, and we also have to run multiple processes in order to gain the knowledge that what we have learned we can understand well, so that we can apply that knowledge when trading forex, and if we only have a very limited knowledge, then we would be very difficult to be able to get success from forex trading, because forex trading is a business that requires the trader to always learning and practicing continuous basis in order to get success.,.,.

  15. #45
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    i think in my point of view the knowledge that what we have learned we can understand well, so that we can apply that knowledge when trading forex, and if we only have a very limited knowledge, then we would be very difficult to be able to get success from forex trading, because forex trading is a business that requires the trader to always learning and practicing continuous basis in order to get success

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