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The Best Way to Learn Forex Trading

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Azis Muslim

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Quote from: rezacepot on February 10, 2019, 12:24:07 AM
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
In this case, then it's not their fault of choosing the tutors because we can blame them for giving the wrong knowledge about Forex. Always remember the rules before hiring tutors to teach us, first is to see their track record in long term more than 2 years trading. Never trust someone who can trade with good result but their account history runs for about few weeks.

After that, look at the way they explain things as the beginning words whenever we first meet him before hiring him. Ask them what kind of service they provide and how long it takes for them to explain the whole strategy to us. Don't buy the promise from them and demand better proofs.

In my experience, I came to a Forex community and studied there for 3 days directly with 2 authors which I only paid the fee about $120 where the $100 was credited into my account that was affiliated to their brokers and the rest $20 for 3 days meals and snacks for me during the class. So, they actually didn't take any fee for me and everyone else who also participated in there because they just wanted to promote their brokers and offered their own service for free.

After they finished the programs in 3 days, I kept coming there to study with one of their IB and he was so nice to teach me all the things I didn't get from the authors. I learned with him about 2 weeks and came every day to discuss about market. Thanks for that meeting that help me open my mind into new things and I can say it was a valuable experience.
#31 - February 11, 2019, 04:55:56 AM

Azis Muslim

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Quote from: aizafx on February 09, 2019, 06:27:35 AM
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
In theory this may make sense but with many proofs I've seen and witnessed by many traders, it's really hard to do it. I personally suggest beginners to learn by getting help from other traders who already experienced. One easy example can be found on many educative forums where there are many experienced traders who become member in there and share their strategies and opinion about things regarding Forex trading.
#32 - February 11, 2019, 07:11:26 AM

Fadeel99

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Quote from: Noviarini on February 05, 2019, 03:23:15 AM
If you've looked into trading forex online and feel it's a potential opportunity to make money, you may be wondering about the best way to get your feet wet and learn how to get started in forex trading.

1. The Importance of Getting Educated
To trade effectively, it's critical to get a forex education. Spend some time reading up on how forex trading works, making forex trades, active forex trading times, and managing risk, for starters. As you may learn over time, nothing beats experience, and if you want to learn forex trading, experience is the best teacher.
absolutely right, we must learn from the mistakes we made when we were in the market, if I personally always record every mistake I make for a week or even a month to minimize the losses that I do, in other words, if we know our mistakes then one day will be the winner
#33 - February 14, 2019, 03:37:11 PM

rezacepot

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Quote from: Rudi on February 05, 2019, 12:10:50 PM
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
Another important discussion in forex is also the presence of mentors or supervisors in trading

because the name of the market if no one is watching will not be in the same direction
#34 - February 14, 2019, 04:18:49 PM

rezacepot

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Quote from: Tahajud on February 06, 2019, 06:02:55 AM
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,
yeah including learning to you is a must

You seem to have been following Forex trading for a long time and deserve to be a mentor
#35 - February 14, 2019, 04:20:23 PM

rezacepot

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Quote from: Rendy94 on February 06, 2019, 06:21:51 AM
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?
for beginners or those who do not understand how to trade, it is mandatory

the point is to hone trading skills
#36 - February 14, 2019, 04:21:48 PM

rezacepot

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Quote from: ariezz on February 07, 2019, 08:46:36 AM
Experience is the best teacher, that means we can start forex trading by starting to study independently or looking for a mentor to teach us trading. But the most important thing here is our willingness and effort to study diligently and passionately. Never give up, let alone despair because giving up is one form of failure.
yeah even though it was a bitter experience

at least we learn how we don't trade like yesterday
#37 - February 14, 2019, 04:23:29 PM

rezacepot

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Quote from: Azis Muslim on February 07, 2019, 02:48:37 PM
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.
this is only for beginners, because they don't understand trade

but also for several weeks you should start independent learning so that there is no dependence
#38 - February 14, 2019, 04:25:21 PM

rezacepot

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Quote from: dodogtg on February 07, 2019, 04:23:12 PM
Through online media we can also learn forex trading. It depends on whether we can seriously study or not. Many ways to learn forex trading are even free
right sir, social media is one of the places to study

You can open the web about trading or even many videos circulating how to make a profit
#39 - February 14, 2019, 04:27:13 PM

rezacepot

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Quote from: Kirinkato on February 09, 2019, 12:50:31 AM
yes I agree with you. if you want to go well then learn about forex before making a transaction.
yes, learning should not be rushed to gain profit but it's best to know how the market is in a trade

if it's already owned, then the profit will come by itself
#40 - February 14, 2019, 04:29:26 PM

rezacepot

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Quote from: Ariyudin on February 09, 2019, 05:46:52 AM
yes we can learn forex from various media such as books, articles but I don't think it will be enough just to learn from books and the internet, but it's better to ask seniors who are experienced.
I prefer to study with people who have been successful with trade

this will make it easier for us to move forward and of course there are also many motivations that can be obtained
#41 - February 14, 2019, 04:31:19 PM

rezacepot

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Quote from: aizafx on February 09, 2019, 06:27:35 AM
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
consistent also included in the main key in trading

then the learning must be gradual first
#42 - February 14, 2019, 04:32:46 PM

rezacepot

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Quote from: dodogtg on February 09, 2019, 07:02:43 AM
Use demo account as its like is your real money. If you got MC back step one. Do not use real money for practise
use a demo account for at least 1 to 3 months so that it is smooth and well understood in trading

happy work
#43 - February 14, 2019, 04:34:19 PM

rezacepot

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Quote from: rinshei on February 09, 2019, 10:12:07 AM
the best way is i guess to go into trading itself, dont just read the book and stuck in there, learn forex from demo live account, if u not ready try to join a contest or find a way to get a no deposit bonus, dont forget about money management
not only the management of real money but more to the attitude of caution in conducting transactions

if you are sure, MM will follow
#44 - February 14, 2019, 04:39:03 PM

rezacepot

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Quote from: Iqbaleee on February 09, 2019, 12:14:50 PM
in my opinion ... firstly we have to try with demo account so if lose not disturb your psychology . then try read a knowledge about trading system .
can it be overcome by the way we routinely make transactions and see if we have a transaction when we have a chance?

if it's not there then change your mind about the time of trading
#45 - February 14, 2019, 04:40:56 PM
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