You can pay and get knowledge but not for experience
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  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. #2
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    I really do relate with you, that means when you have paid for the trading knowledge then the trader has to take it upon them selves to learn and understand more about the business themselves then they can make money. I have though more experience when trading on the demo account though quite different from the thing I had read, so ultimately the experience is the real deal.

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  3. #3
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    experience will come by learning and trading ,with learning we will have the required informations for successful trading and with trading we will know how to improve our trading and also we will learn from our mistakes and so we will try to fix it and try to avoid making of it again and again, so we will become a successful traders.

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    Quote Originally Posted by sameeh View Post
    experience will come by learning and trading ,with learning we will have the required informations for successful trading and with trading we will know how to improve our trading and also we will learn from our mistakes and so we will try to fix it and try to avoid making of it again and again, so we will become a successful traders.
    You are right , therefore take advantage of the current time to continue training and improve trading skills, success is not achieved in a short period of time, success is achieved with long process and ups and downs experience, if other traders can succeed then why should we miss this opportunity.

    Opinions from me personally may be a good idea also we use the target in trading, this target will motivate us, but set the target should be within reasonable , so we can learn the experience with more focus and not easily for careless

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    Quote Originally Posted by sameeh View Post
    experience will come by learning and trading ,with learning we will have the required informations for successful trading and with trading we will know how to improve our trading and also we will learn from our mistakes and so we will try to fix it and try to avoid making of it again and again, so we will become a successful traders.
    Experience will be there is you can follow the demo account, that way the demo trading account is where to get the main real experience on how to trade and make money from the market. Apparently to have the trading experience, it comes with learning and patient and also one has to be ready to make some mistakes.

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    Quote Originally Posted by sameeh View Post
    experience will come by learning and trading ,with learning we will have the required informations for successful trading and with trading we will know how to improve our trading and also we will learn from our mistakes and so we will try to fix it and try to avoid making of it again and again, so we will become a successful traders.
    [lang=ar]It's true that you can get knowledge through online courses and seminars, but getting experience is not easy. The first condition for gaining experience is continuous practice on the chart and follow-up experts in their analyzes of various currencies. The patience to learn is the first way to succeed in Forex[/lang]

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    We must focus on right way for learn trading if we fell in shortcuts then i think it is bad for our trading and we earn noting we have to learn properly about money management and building own trading through we get success if we are learning from our mistake and avoid in future the they are best for us .

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  8. #8
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    My dear, focusing and practicing is one of the things that will build up your trading experience. You can pay someone to teach you this business but my dear you can not pay someone to get experience for you. Your experience only come when you yield mostly some of your times in learning this business very well. So try to build your trading experience.

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  9. #9
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    Normally traders are trading in hazy mode and in greedy mode which is very dangerous mode of trading. If we want to gain the good earning and abnormal profit we should trade with best strategies and with best of currencies pair and avoid to only trade in commodities . Commodities are very harmful for the low balance.

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  10. #10
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    to be a successful trader, must go through stages, and learn the location of the fault, the person can be successful in forex, if errors are found in her, was able to be fixed, if able to be fixed a lot of errors, then trading him would be better again. Patience is the only key which will answer to n number of questions in our mind without patience it is very difficult to achieve success in the forex trading business. And thus one should always have the patience to wait and watch their career boost in the trading business.

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