Forex Zone - Forex Forum

The Best Way to Learn Forex Trading

Discussion started on Forex Education

  • Full Member
  • Posts: 110
  • Points: 0
  • Likes Received: 8
  • Reputation: +0/-0
great discussion about "the best way to learn trading" if in my opinion the best way to learn trading is to use good money management, properly control risk and also a good trading plan, this is the basic foundation of a trader
I agree with you . Discipline and patience is the key I think. beside analysis technical and fundamental 
#16 - February 09, 2019, 12:54:06 PM

  • Jr. Member
  • Posts: 79
  • Points: 0
  • Likes Received: 31
  • Reputation: +0/-0
I think it's better to use the trading breakout method,

Almost all traders are interested in harvesting large profits in a short time. One of the best forex trading strategies to get it is breakout trading. But in order not to get stuck on a false breakout signal, Grace Cheng confirmed the signs of a breakout by seeing a strengthening in price momentum.

#17 - February 09, 2019, 11:26:37 PM

  • Sr. Member
  • Posts: 383
  • Points: 0
  • Likes Received: 9
  • Reputation: +2/-0
great discussion about "the best way to learn trading" if in my opinion the best way to learn trading is to use good money management, properly control risk and also a good trading plan, this is the basic foundation of a trader
talk about the best trading method, which is using a good MM average

not greedy and every day do not have to always trade
#18 - February 10, 2019, 12:19:12 AM

  • Sr. Member
  • Posts: 383
  • Points: 0
  • Likes Received: 9
  • Reputation: +2/-0
in my opinion learning the best trading is direct learning to those who are already successful, observe how they trade and practice according to what they do. This will make our chances of success greater with time not too long, but depends on hard work and our intentions, whether real or not. And after that the best way to learn trading is to directly practice and do it continuously,
That's right ... because they have direct experience with the market

so they automatically know the condition of a market
#19 - February 10, 2019, 12:20:41 AM

  • Sr. Member
  • Posts: 383
  • Points: 0
  • Likes Received: 9
  • Reputation: +2/-0
in certain cases is it good to learn in a virtual account? Should it not be practiced on a real account as soon as possible?
if it's really sure to start on a real account why not
there if you get profit then it can be withdrawn
can for eating, shopping etc.
#20 - February 10, 2019, 12:22:23 AM

  • Sr. Member
  • Posts: 383
  • Points: 0
  • Likes Received: 9
  • Reputation: +2/-0
Hire a trusted and experienced trader or tutor to teach you. It's important to keep us from losing our money with reckless trading if we learn everything by ourself. It's okay to spend some money to pay for the service in exchange for easier learning and improved trading which we can do it later by ourself with our demo account. From other's help, we can get plenty of clear advice and tips straight from the trader himself.

Instead of hiring someone to teach us, then for less spending we can make friends with Forex traders and slowly ask them permission to teach us about trading. Some of them may give the lessons for free while the others, probably cost you something in exchange for service but it's okay as long as it's not as big as hiring a tutor.

I'm giving this 2 advice because that's the safest way to learn. Although it's also good to learn things by ourself manually, it's kinda risky and we'll definitely lose a lot of money first before getting that plenty of experience and knowledge about market.
now many people are the first time in the world of trade

but they were disappointed because many tutors did not master the knowledge of forex
#21 - February 10, 2019, 12:24:07 AM

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 175
  • Reputation: +70/-0
That's right ... because they have direct experience with the market

so they automatically know the condition of a market

The experience is gained from the frequency with which we practice and want to learn to be better. so in the process of getting that experience we will definitely get a lot of failures, and from that failure we learn and continue to improve. if this is done then our experience will continue to grow and will shape our mentality to become a winner
#22 - February 10, 2019, 12:24:56 AM

  • Sr. Member
  • Posts: 383
  • Points: 0
  • Likes Received: 9
  • Reputation: +2/-0
The best way to learn forex trading is to learn gradually, if we still beginner hence will good if we start with learn basic education forex, so many source we can reading these information, babypips is very popular site among trader to learn forex on school tab section, then practice with demo account for next step
gradually from the demo account then to the real account
#23 - February 10, 2019, 12:28:06 AM

  • Sr. Member
  • Posts: 383
  • Points: 0
  • Likes Received: 9
  • Reputation: +2/-0
Use demo account as its like is your real money. If you got MC back step one. Do not use real money for practise
the demo teaches us how far we understand the existing market

if in the demo we don't know it ... how it is
#24 - February 10, 2019, 12:29:41 AM

  • Sr. Member
  • Posts: 383
  • Points: 0
  • Likes Received: 9
  • Reputation: +2/-0
I agree with you that experience is the best teacher. if we have not felt the atmosphere of the market real. then its very difficult to learn from market. like the impact of news etc
still in learning there must be a companion

so that we know where our fault lies if we are wrong and trade
#25 - February 10, 2019, 12:31:07 AM

  • Jr. Member
  • Posts: 59
  • Points: 0
  • Likes Received: 13
  • Reputation: +0/-0
the demo teaches us how far we understand the existing market

if in the demo we don't know it ... how it is
Back to step one, or quit trading :)
#26 - February 10, 2019, 03:20:42 AM

  • Sr. Member
  • Posts: 318
  • Points: 0
  • Likes Received: 50
  • Reputation: +1/-0
The experience is gained from the frequency with which we practice and want to learn to be better. so in the process of getting that experience we will definitely get a lot of failures, and from that failure we learn and continue to improve. if this is done then our experience will continue to grow and will shape our mentality to become a winner
better we enjoy the process not to make the burden that must be done because if we enjoy the process then the results will also not be far from success when we fail also will continue to try because failure can be used as learning.
#27 - February 10, 2019, 04:26:42 AM

  • Hero Member
  • Posts: 2224
  • Points: 7991
  • Likes Received: 140
  • Reputation: +6/-1
better we enjoy the process not to make the burden that must be done because if we enjoy the process then the results will also not be far from success when we fail also will continue to try because failure can be used as learning.
One failure in forex trading is not a reason to leaving forex, because if we give up due one failure, hence will losing all opportunity to make money through this business, forex learning required to process and how to passed all process required high patience and also hardworking because of no instant success in all business
#28 - February 10, 2019, 05:24:07 AM

  • Full Member
  • Posts: 125
  • Points: 0
  • Likes Received: 23
  • Reputation: +0/-0
in my opinion, trading is good, for example, keep going, for example, it's not good, leave it, because you can't get used to it, get used to the way
#29 - February 10, 2019, 05:41:29 AM

  • Sr. Member
  • Posts: 342
  • Points: 0
  • Likes Received: 78
  • Reputation: +1/-0
One failure in forex trading is not a reason to leaving forex, because if we give up due one failure, hence will losing all opportunity to make money through this business, forex learning required to process and how to passed all process required high patience and also hardworking because of no instant success in all business
yeah i agree, if you lose some money before u need to calm yourself and think what gone wrong with yourself, and try to fix that, some people got mc because they are too greedy about profit, just use your trading plan and money management and we will be fine
#30 - February 10, 2019, 07:44:11 AM

Members:

0 Members and 3 Guests are viewing this topic.