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Thread: A little knowledge about economic

  1. #1
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    Post A little knowledge about economic

    I think if a person who have a little knowledge about the world economic can become successful more faster then who don't know nothing.What do you think?

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  2. #11
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    Forex traders do not need to become expertise in Economy, by
    knowing information from books, from Internet and from news paper which will help a trader to make successful trading . Because one can know whether the currency will go uptrend or down trend then you have to take other currency as base and decide whether to long or sort. But some time collecting general knowledge like, economy condition, political situation may help for better trading.

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  3. #12
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    Definitely a person with economics back ground will be able to understand this business very fast and will be very handy for fundamentals as fundamental analysis require a good knowledge of Economics to understand the terms and with the combination of both technical and fundamental analysis he will be successful.

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  4. #13
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    Forex success depends on our adequate trading knowledge and skill. We need to enhance the trading skill and knowledge. There are huge scope to gather this skill through continuous trading. Our less trading skill will not remain less forever, we can easily make it higher if we try to achieve it.

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  5. #14
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    we would go along with people that,s why fix is usually linked with a financial system, or maybe what,s claim the earth financial system, when i presumed another person that has a beneficial expertise with economics can have a good sharp edge in excess of another person with not a background expertise with economics that,s why you should review the primary area of financial system to completely fully grasp this

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  6. #15
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    forex trading is a very profitable business that is based upon knowledge. the knowledge about economical situation, trading, business decision etc. if you trade with little knowledge then you may get loss. so try to learn properly about the business.

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  7. #16
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    Little seems like 0.000000000001% of water out of 100% of ocean water. This is vast you need to see the economy of the currency holding countries. This is not like Just over looking facts but determining the relation between the fact and the market so that proper analysis can be carried out before trading in the market .

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  8. #17
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    Not one of the basic business, then we will get benefit from this news, because every person is important to understanding the Forex news. By knowing the outcome of this news, we can prevent major damage. I see the time when I was a high-impact news release from the loss of control of my trade. It is necessary for every Forex Trader.

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  9. #18
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    There is no alternative to gather knowledge about the Trading in the Forex market. The traders can learn about the market movement, market management, market mobilization, currency exchange policy etc. They can read international journal related to the business. they can gather huge economic knowledge to cape with the Forex trading and become successful.

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  10. #19
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    Yes, is is important things that world economy is the factor that have impact on Forex market. So if traders have at least little knowledge about world knowledge then they can analysis Forex market fundamentally by reading Forex news and easily successful at Forex market. So i think every trade should learn about world economy at least primary concept.

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  11. #20
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    Like Jack of all trades and master of none so is little knowledge dangerous. Therefore before exposing yourself in the sea of Forex, stuff yourself with all the know how of Forex, if your don't know how to swim the big fish will swallow you in no time.

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