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Thread: Desire to learn and thirst for knowledge makes all the difference.

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    Desire to learn and thirst for knowledge makes all the difference.

    Everyone does not succeed in Forex : It is the amount of knowledge a trader has and the discipline with which he can implement his trading plans and strategies that determines his future in Forex business. It is a known fact that traders lacking discipline are big losers despite having good knowledge.

    Internet a sea of knowledge
    : We all know that today with the advent of internet technology finding information about anything is just as far as a click of the mouse. So then why do not all traders learn everything about the Forex market and acquire enough knowledge to succeed in Forex. Why the winners here are less than losers?. One main thing is making all the difference here. Lets discuss it now

    Desire to learn and thirst for knowledge
    : We find everywhere that losers are more than winners in Forex. But I want to put another fact that all the traders who face severe losses in trading either do not have good knowledge about the business or do not have discipline. Most of the traders here want to earn easy money without any efforts. So the main thing a trader need to succeed in Forex is the desire to learn and thirst for knowledge. Then the huge information on the internet complemented with the traders determination will open all the doors to success for the trader.

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    You have got to develop a better desire to become successful, a desire to keep on learning, because once you keep on learning and then you develop your self more consistently, that will be the way you get to become profitable. Therefore, don't aim on the money alone, but aim on being so much experienced, learn about the best way to become better. So, success can be gotten when we don't focus on the money but the knowledge.

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    Trader cutiekc's Avatar
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    Sadly, most of us are in the business so that we can make money, a lot of us just want the money and then we don't know that it is only when we have learned and have a good trading skills and knowledge that we can make money from the market. Desire to comprehend the market more better puts more money in our trading account.

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  4. #2403
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    Quote Originally Posted by cutiekc View Post
    Sadly, most of us are in the business so that we can make money, a lot of us just want the money and then we don't know that it is only when we have learned and have a good trading skills and knowledge that we can make money from the market. Desire to comprehend the market more better puts more money in our trading account.
    this is reality we do not want to learn, but there are some people who learn but still not earn, so learning is not same for all there are many things which make difference between learning, so learn trade and do it as much as you can, if you do not have proper management you can lose big, in learning process if we give it time and attention both we can trade perfectly, we can earn some good profit but we do not give importance to demo and not learn properly on demo

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    Quote Originally Posted by naeem555 View Post
    this is reality we do not want to learn, but there are some people who learn but still not earn, so learning is not same for all there are many things which make difference between learning, so learn trade and do it as much as you can, if you do not have proper management you can lose big, in learning process if we give it time and attention both we can trade perfectly, we can earn some good profit but we do not give importance to demo and not learn properly on demo
    Well, it is still depending on us to decide on what we want from the market. I personally have always wanted to learn and become better. However, the decision is still going to depend on us. We need to focus on the factors that will make us successful, desire to learn isn't simple, because most of the times, we are clouded by the amount of money we want to make.

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    Quote Originally Posted by cutiekc View Post
    Sadly, most of us are in the business so that we can make money, a lot of us just want the money and then we don't know that it is only when we have learned and have a good trading skills and knowledge that we can make money from the market. Desire to comprehend the market more better puts more money in our trading account.
    I do not see nothing bad that many people come to forex and they want to earn money here. It is very normal and human thing. The main problem for newcomers can be that they do not have desire to learn well this forex business and they do a lot of mistakes due to shortage of experience and knowledge about the market.

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    Quote Originally Posted by Krosneles View Post
    I do not see nothing bad that many people come to forex and they want to earn money here. It is very normal and human thing. The main problem for newcomers can be that they do not have desire to learn well this forex business and they do a lot of mistakes due to shortage of experience and knowledge about the market.
    It is good to come to Forex to earn money but it is bad to earn easy money or quick money in a short time with Forex. In Beginning stages learning is certainly the most important thing to keep in our mind and if we dare to earn before proper learning we are going to face severe losses. Life itself is the process of learning and implementing what we learned and Forex market is not an exception for this.

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  8. #2407
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    Quote Originally Posted by AmitChallenger View Post
    It is good to come to Forex to earn money but it is bad to earn easy money or quick money in a short time with Forex. In Beginning stages learning is certainly the most important thing to keep in our mind and if we dare to earn before proper learning we are going to face severe losses. Life itself is the process of learning and implementing what we learned and Forex market is not an exception for this.
    time period of making money from market still not really matter. if we have the ability to do that well, just like how news traders are making money within minutes or hours, then it's allowed to do and safe according to their trading style. what brings traders more lights to their trading can be seen through their efforts on making consistent learning in daily basis because they're always thirsty for new knowledge and willing to invest their time for new experience.

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    Learning is important and the desire to learn will help us know how best to improve on this business. For traders who are serious to make profits from forex, it's always necessary they learn in the right way and know how they could improve a system that will guide them to become a better trader. Good learning makes the real difference because it gives us the best knowledge to handle risk and build a sensible way to trade better.

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    Quote Originally Posted by Ulthred View Post
    Learning is important and the desire to learn will help us know how best to improve on this business. For traders who are serious to make profits from forex, it's always necessary they learn in the right way and know how they could improve a system that will guide them to become a better trader. Good learning makes the real difference because it gives us the best knowledge to handle risk and build a sensible way to trade better.
    this is reality and its the difference some people earn and some loses, market is same for all so some people earn and some loses the real issue is some people have good experience and some have not, so people have difference of learning , if we learn it perfectly we can do best but if we do not have good learning and experience we cannot earn, so our learning process determine us about our success

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    Quote Originally Posted by naeem555 View Post
    this is reality and its the difference some people earn and some loses, market is same for all so some people earn and some loses the real issue is some people have good experience and some have not, so people have difference of learning , if we learn it perfectly we can do best but if we do not have good learning and experience we cannot earn, so our learning process determine us about our success
    Traders are always winning and losing, we can't deny this fact and they'll remain as long as we're doing this business. We must prevent ourself from repeating our bad habits, learn from our mistakes, and use all those negative aspects to help us become a better trader. At first it's hard to bring those bad stuffs and turn them to be an advantageous matter, but in the end we're all going to make it with better experience.

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