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

  1. #1
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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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  2. #21
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    Quote Originally Posted by AmitChallenger View Post
    @ propensity100 Well said The desire to learn and thirst for knowledge makes all the difference. We can say Forex is a machine through we can create money . You asked some are telling its better to be experienced and it means , It means work with understand and knowing practically. practical work is called experience in my thought.
    the experiences will make us understand how to start something with good, and include at forex trading that experiences is very important to have and understood by the traders, and we knew that forex trading is a good business or as you said is like the machine for making money , and now ,we need to know how to operate it and give us good results

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  3. #22
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    Quote Originally Posted by newentry View Post
    the experiences will make us understand how to start something with good, and include at forex trading that experiences is very important to have and understood by the traders, and we knew that forex trading is a good business or as you said is like the machine for making money , and now ,we need to know how to operate it and give us good results
    It is the practical application of what we know to do that would bring success to us. To be certain of trading, traders should have serious trading application of what he knows(Not just learning), that would bring result, not the fact that many have learned, but the results with them are still not encouraging, that is not good for real set of trading.

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  4. #23
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    Quote Originally Posted by cozard007 View Post
    It is the practical application of what we know to do that would bring success to us. To be certain of trading, traders should have serious trading application of what he knows(Not just learning), that would bring result, not the fact that many have learned, but the results with them are still not encouraging, that is not good for real set of trading.
    [lang=id]we have to spend more time for practicing and learning and especially practicing, and yes, traders should take this part seriously with use the time with good, so everything we are doing right now will become something useful in the future and not just waste the time anymore like yesterday, we have to do it from now as the point for us to take this business seriously[/lang]

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  5. #24
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    Yes brother its good thread if we follow it than we can become a good trader . Knowledge is one thing that makes a winning plan and every thing in forex trading is a good plan if you have good plan than you stick with it you will win the trade and its comes after a good knowledge and learning experience...

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  6. #25
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    Quote Originally Posted by Usmanali518 View Post
    Yes brother its good thread if we follow it than we can become a good trader . Knowledge is one thing that makes a winning plan and every thing in forex trading is a good plan if you have good plan than you stick with it you will win the trade and its comes after a good knowledge and learning experience...
    Forex is a business and we do it for the sake of earning money. I think both learning and earning are essential for Forex trading. Earning and learning are closely related to each other. If you learn but do not business then that learning will be useless. If you want earn then you have to learn .

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  7. #26
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    Quote Originally Posted by newentry View Post
    the experiences will make us understand how to start something with good, and include at forex trading that experiences is very important to have and understood by the traders, and we knew that forex trading is a good business or as you said is like the machine for making money , and now ,we need to know how to operate it and give us good results
    Yeah mate forex trading is a money making machine for us, but we have to gain a good trading experience first and have to use this machine properly to make money in forex. Our trading experience boost our trading performance and we able to gain best trading result from this business. So the value of trading experience is very high in foreign exchange market

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  8. #27
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    Quote Originally Posted by AmitChallenger View Post
    Forex is a business and we do it for the sake of earning money. I think both learning and earning are essential for Forex trading. Earning and learning are closely related to each other. If you learn but do not business then that learning will be useless. If you want earn then you have to learn .
    [lang=id]we do not split between learning and practicing, they are one, and this is the combination that we have to take properly, and they can make earning follow us, and the results here is the mirror of quality that we have had to manage it, learning is nothing if we do not do something,[/lang]

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  9. #28
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    Quote Originally Posted by Hukam View Post
    Yeah mate forex trading is a money making machine for us, but we have to gain a good trading experience first and have to use this machine properly to make money in forex. Our trading experience boost our trading performance and we able to gain best trading result from this business. So the value of trading experience is very high in foreign exchange market
    this is the place for us to create our own destiny as best as we can where there is no limitation or restriction and we are not under another hands to control us, and at forex trading we get the chances for it, with some experiences, and if learn and evaluate them with well, so we can grow to be a good trader , i believe it

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  10. #29
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    Quote Originally Posted by samprazaan View Post
    [lang=id]today, to get knowledge and information is easier than several years ago, when everyone can connect each others with use internet connection, they can share knowledge with simple, and include to get information and knowledge about forex trading, everyone can get them easily with free or fees, and now, have we a will to learn them, we came to forex trading and we need to make enough first knowledge and develop the skill before enter the business[/lang]
    It is not the way you see trading in yesteryear you are seeing it now, this is why it is very pleasant to learn and never minding what you face for now, it is for a while, traders with the sense of trading which is good like this. Information of learning is very much out there and it is mostly free, traders should not in dodge themselves in this before having more knowledge.

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  11. #30
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    Quote Originally Posted by samprazaan View Post
    [lang=id]we do not split between learning and practicing, they are one, and this is the combination that we have to take properly, and they can make earning follow us, and the results here is the mirror of quality that we have had to manage it, learning is nothing if we do not do something,[/lang]
    Our learning and practice both are very helpful and important for us. We can't depend upon only one because they are not differ from each other. We need the help of both to gain a better experience. Without any good knowledge we can't do practice and our learning is also useless if we are not implementing that in our trading practice

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