Basic Education

This is a discussion on Basic Education within the Forex forums, part of the Markets category; Before starting my demo, I used this type of basic education! Frankly, I respect my trading profession so I gathered ...

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Old Oct 26, 2017, 11:32am   #1
Joined Apr 2017
Basic Education

Before starting my demo, I used this type of basic education! Frankly, I respect my trading profession so I gathered Forex history so willingly! In addition, before opened my practice account I also learned mt4 trading platform with details! In addition, I started my demo with technical analysis than I go for news analysis and 3rd part was all about sentimental analysis!
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Old Oct 31, 2017, 3:51am   #2
Joined Apr 2016
That is right, you must first learn what you are going to work and how you are going to work. Trading needs skills and knowledge which needs education.
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Old Oct 31, 2017, 11:59am   #3
Joined Apr 2017
Peter Borren started this thread
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Originally Posted by june_girl7 View Post
That is right, you must first learn what you are going to work and how you are going to work. Trading needs skills and knowledge which needs education.
Skill and knowledge is more appropriate for complete trading , I admit. But besides this you have make sure a perfect practice , otherwise all attempts can be useless.
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Old Nov 4, 2017, 9:55pm   #4
Joined Feb 2016
Perfect practice can only be done on demo accounts however i usually suggest back testing a strategy on demo account before implementing it to live trading accounts.
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Old Nov 7, 2017, 12:20pm   #5
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Peter Borren started this thread Thank you Pro, nice advice. This approach always supports us to see the strategies performance how it works.
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Old Nov 8, 2017, 6:09am   #6
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Demo account can help us to have good knowledge about trading but for real investment, we must use a small account to try our demo experience with it. So that we can have an idea about, how we can manage the real trading.
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Old Nov 8, 2017, 9:22am   #7
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Originally Posted by june_girl7 View Post
Demo account can help us to have good knowledge about trading but for real investment, we must use a small account to try our demo experience with it. So that we can have an idea about, how we can manage the real trading.
yes you can gain experience in taking the pain of a loss or the joy of a win without letting it effect your next trade too much
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Old Nov 10, 2017, 9:23am   #8
Joined Jul 2016
Demo give us an insight of the real world of Forex, and that too without risks, but it makes the traders irresponsible, thus you need to be very serious while doing it.
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Old Nov 16, 2017, 6:59am   #9
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The first thing learned in the forex is to know first of all terms that are related to forex. because these terms will be used in the forex. it is important to learn. after this reading forex articles and books that we gain insight.
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Old Nov 19, 2017, 12:44pm   #10
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Yeah, Proper practice could achieve proper amount of success in the Forex Trading, you need to have a good amount of practice to gain the knowledge which is good to achieve success in the Forex Market.
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Old Nov 21, 2017, 5:45am   #11
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Everything about currency trading can be learned with the right FOREX trading education. Trading actually looks quite simple but the reason most traders fail is not they can't learn a trading system which can win.
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Old Nov 21, 2017, 10:56am   #12
Joined Sep 2013
What about education from brokers? Any of them offer advanced techniques or they have only basic introduction for newbie traders?
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Old Nov 27, 2017, 3:10pm   #13
Joined Jul 2016
There are many brokers online, which makes it more and more difficult to select the appropriate one who can give us proper amount of knowledge and help us survive in this risky market of Forex.
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Old Nov 27, 2017, 7:46pm   #14
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Originally Posted by SmartGeek View Post
There are many brokers online, which makes it more and more difficult to select the appropriate one who can give us proper amount of knowledge and help us survive in this risky market of Forex.
Competition between service providers or producers is always good for customers. You will receive better quality or price and our feedback posted on forums is essential to keep brokers in fit, caring about their clients. Its a part of our collective duty to report about problems or positive things of cooperation.
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Old Nov 29, 2017, 5:16am   #15
Joined Jul 2016
I think you missed the point that the we are here discussing the about the Forex Market. So do share some details regarding in the Forex Trading.
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