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Learning is first in Forex

This forum is for new and aspiring Forex traders. Trading can be very risky but can also bring great rewards. No one starts with continuous success but many continue with the success. It's a continuous learning, unlearning and learning again. Ask your questions, share your frustrations and also smiles of success. The objective is to have more and more smiles. Hoping to have the pros to frequent this playground to coach the new team here.
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Learning is first in Forex

Postby mdenamul » Thu Feb 14, 2013 4:36 am

Remember, all traders lose money! No one has a perfect 100% winning record. The difference between success and failure as a Forex trader is simply winning more than you lose. I’ll repeat this – trading Forex successfully means you win more than you lose. To improve the odds in your favour, take action today. Get a good education and learn how to become the successful Forex trader you deserve to be.
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Re: Learning is first in Forex

Postby Haley12 » Thu Feb 14, 2013 9:16 am

First forex learning, second demo practice and third real trading. A trader should get step by step forex training then should do sufficient practice on demo account after that move to real trading. It will help to avoid loss during trading.
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Re: Learning is first in Forex

Postby TahaFX » Fri Mar 08, 2013 1:40 pm

mdenamul wrote:Remember, all traders lose money! No one has a perfect 100% winning record. The difference between success and failure as a Forex trader is simply winning more than you lose. I’ll repeat this – trading Forex successfully means you win more than you lose. To improve the odds in your favour, take action today. Get a good education and learn how to become the successful Forex trader you deserve to be.


I agree with you, not all loss that we got is bad. The important thing from our loss is we have to can evaluate all the loss that we have get, so we can avoid the same mistake that we have do on our trading that loss before. A succes trader is a trader who can use their loss to get a better skill for trading, so on the future he/she can do trading more better.
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Re: Learning is first in Forex

Postby greedex » Tue Mar 12, 2013 1:40 am

True, we can't make money 100% in trading. But if you can make money by 90%, it is good enough. For trading need a knowledge, and practices before jumping into a real trading. You will get more and more experience as you trade. By then, you will be able to make 95% of earning. Try to minimize the lost, and you'll be surprised with what you earn.
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Re: Learning is first in Forex

Postby UMOFX IB » Mon Mar 25, 2013 10:40 am

learning is the first step to enter this market.Main problem with failure in trading is that they entered with low learning. They are not good in trading , just some days practice is not enough. As much we will do practice we know there are many things to be considered before trading. If our learning will perfect we can be a good trader .
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Re: Learning is first in Forex

Postby forex.shun » Tue Mar 26, 2013 8:59 am

i agree that learning should always be the first thing. and to learn more you will need someone to answer all your questions. you can www.askmariosingh.com anything about forex.
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Re: Learning is first in Forex

Postby debook » Tue Mar 26, 2013 2:39 pm

forex.shun wrote:i agree that learning should always be the first thing. and to learn more you will need someone to answer all your questions. you can www.askmariosingh.com anything about forex.


yes, the first thing to do is to learn the theory and practice, to theory can learn from a book or from various Internet forums, and should learn to practice with a demo account.
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Re: Learning is first in Forex

Postby uncle gober » Mon Apr 01, 2013 1:09 pm

one of the most important lessons for you to learn early in your trading career, is that successful trading requires you to not only be able to correctly interpret a forex chart, but once you have indentified a specific trading opportunity, you must completely “believe in your trade”.
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Re: Learning is first in Forex

Postby Shawnmichal » Sat Apr 06, 2013 11:20 am

Yes, that’s true “No one has a perfect 100%”.that’s different ? if we success more than failure here we will try to change or low loss % ratio. In forex, it’s required enough knowledge. If you want, become successful trader so I will suggest focus on forex technical analysis.
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Re: Learning is first in Forex

Postby Sininfinity » Thu Jun 04, 2015 4:57 am

mdenamul wrote:Remember, all traders lose money! No one has a perfect 100% winning record. The difference between success and failure as a Forex trader is simply winning more than you lose. I’ll repeat this – trading Forex successfully means you win more than you lose. To improve the odds in your favour, take action today. Get a good education and learn how to become the successful Forex trader you deserve to be.


Very wise words told by you here. One should never target for 100% profit. It is not possible and it will not bring anything in the long run. Learning to take responsibility for actions and failures and working on profiting from that would bring good results in the long run.
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