You can pay and get knowledge but not for experience - Page 101
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Thread: You can pay and get knowledge but not for experience

  1. #1
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    You can pay and get knowledge but not for experience

    I know this might hurt, but the truth about forex trading is that there is no short cut, if you really do want success from the business you have to make it so evident, by learning.

    This advice is mainly for new traders who thinks they can pay some huge amount of money and learn from the best traders traders. You will get knowledge with paid money but not real experience.

    This is my personal experience.

    1. Learn.

    2. Make mistakes.

    3. Then learn from the mistakes.

    All those three things should be done in the demo trading account.

    What do you think?

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  2. #1001
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    Quote Originally Posted by Darkhorse View Post
    You know it is one thing for the trader to actually engage in learning and then another thing for them to actually learn, because not every one that are engaging in learning are actually learning what they should learn. Being the reason why there have been a lot of traders that thinks that they have been learning for a long time but yet they have nothing to show for it and then they keep on losing.
    this is the difference which make a person expert and make a person loser some time we learn but some time we learn but in actual we waste time so the difference is as a newbie we can not understand what strategy is good for us so we can choose a wrong strategy and can lose from it. so for earning we need to learn properly and should learn good strategy otherwise success is not possible

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  3. #1002
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    True that the main learning comes when the experience has been gotten which is a good thing, then on the other hand, if you gained knowledge from a good trader then you will be able to have a good experience that will help you become profitable trader, the trader that wants to become profitable should always take the basic knowledge learning seriously, it will help the trader to actually have what it takes to get the best of experience.

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  4. #1003
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    Quote Originally Posted by Makaveli View Post
    True that the main learning comes when the experience has been gotten which is a good thing, then on the other hand, if you gained knowledge from a good trader then you will be able to have a good experience that will help you become profitable trader, the trader that wants to become profitable should always take the basic knowledge learning seriously, it will help the trader to actually have what it takes to get the best of experience.
    Knowledge is the working force behind all our strategies and trading systems and also it is true that most knowledge comes from experience. But experience cannot be purchased we have to gather experience by continuing trading and surviving in the Forex market. Experience teaches us to work smartly and earn smartly in the Forex market. But when we have experience we should not waste time with small deposits.

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  5. #1004
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    Quote Originally Posted by AmitChallenger View Post
    Knowledge is the working force behind all our strategies and trading systems and also it is true that most knowledge comes from experience. But experience cannot be purchased we have to gather experience by continuing trading and surviving in the Forex market. Experience teaches us to work smartly and earn smartly in the Forex market. But when we have experience we should not waste time with small deposits.
    experience can not be purchased but there is some knowledge also which we use on demo to learn and gain experience we can pay for experts and can earn good from it, when we have good knowledge like we gain from experts who know already everything its good and time saving process as well otherwise if we try own ways some time we can choose right way some time wrong way so we can waste time also

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  6. #1005
    Trader juniorpeters's Avatar
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    the truth hurts but its better told than hidden although even when you tell traders the right way to follow they still prefer to follow their own method to trade the market.knowledge can be gotten anywhere even from a friend but experience in trading the market comes after a lot of practicing if you don't practice your trading strategy it will be hard to make consistent profit from the market.

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  7. #1006
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    Knowledge is good to have and its always the right way to follow the market and see we can achieve so much. With knowledge we can always know what we should be doing and build a good experience that will give us the possible means to earn from the market. Experience is good to have and with the best knowledge we will always realize how to work for the right trade. Good knowledge is what we learn and through learning we build the experience needed to excel in this business.

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  8. #1007
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    Quote Originally Posted by Tonycee View Post
    Knowledge is good to have and its always the right way to follow the market and see we can achieve so much. With knowledge we can always know what we should be doing and build a good experience that will give us the possible means to earn from the market.
    good experience can give us money but it comes from bad experience, whenever we trade here and lose more and more we can learn from that loss, in short we can learn from every single order, with that we can earn some handsome profit, so make sure you do some proper trading and use some good risk management otherwise more risky orders can ruin us just, learning is process if we learn we can earn later easily

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  9. #1008
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    When when you don't pay to get the knowledge in the business. You still need to make sure that you still go through the experience so as to become able to handle the market and trade adequately. Experience is one of the best thing every one should get to have, learn from also the other successful trader and see how they have been able to have gotten how successful they are.

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  10. #1009
    Trader ola4real's Avatar
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    Quote Originally Posted by Toyen View Post
    It is not a good thing not to learn, we all need knowledge. No traders will know where the market will go when they did not learn, that will not be good for that trader. We can trade and get to make earnings only when experience is in us, we can use that experience to do whatever we wish to do, and success will be made when we are right about what we do with that experience which we have.
    It is bad not to learn and be trading forex field, such traders who did not learn will get to be losing and will still not know how. To engage in forex trading, forex traders need to learn, the learning should be a serious one and it does not matter whether the forex trader pays for the learning or not, what is important here is how much experience that can be gotten out of the learning activities of the trader.

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  11. #1010
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    Quote Originally Posted by ola4real View Post
    It is bad not to learn and be trading forex field, such traders who did not learn will get to be losing and will still not know how. To engage in forex trading, forex traders need to learn, the learning should be a serious one and it does not matter whether the forex trader pays for the learning or not, what is important here is how much experience that can be gotten out of the learning activities of the trader.
    yes we can learn free of cost also but people want to trade with some shortcuts so in that way they try to pay someone to get good and verified knowledge, but as a newbie we can not know what is good for us so if you or anyone want to pay anyone check his account his trades and time, if he have experience and have good one so can pay otherwise do not get scam from people,teaching is safe way to earn so people uses this trick to give some wrong tips also

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