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Traders must be willing to do research

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Actually, doing research is optional when you trade Forex. You can do research to try to create your own method or maybe you can use a method that is already available. But personally, I prefer to do research because later when you have found technical analysis conditions that are suitable for you, you can use it for your trading system, but it all comes back to yourself. You prefer the standard one or prefer the one that suits your abilities you.
#481 - October 14, 2023, 08:30:24 AM

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When you want your learning to be more optimal and better, then you have to be able to do research on what you are doing because you won't be able to get this method without doing research. You might be able to use knowledge that is available for free or you might be able to get knowledge. that you use from a mentor, but in reality the knowledge that is truly valid is the knowledge that you research yourself because I have tried some knowledge but it is not suitable if it is not from myself. But it all depends on you, each person has their own assessment.
#482 - October 15, 2023, 09:08:33 AM

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Doing research is the first thing we do when we trade forex. The point here is that doing research is looking for knowledge or methods that we use ourselves and print ourselves because most of the research we create ourselves is not from the general knowledge that is already circulating on the internet because doing research is our own ability and getting information. from the market and we have our own way of doing analysis to open positions. In my opinion, a trader is obliged to do research. Even though it's not perfect, so ask what they do, it depends on what they use themselves to open positions for analysis
#483 - October 16, 2023, 09:06:10 AM

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research in trading there are many things such as doing cut losses or using stop losses when you make a mistake because you don't dare to cut losses and keep hoping that price movements will reverse direction, which will make you plot a lot of minuses.
#484 - October 16, 2023, 11:02:16 AM

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a trader Yes, it is mandatory to do research. Because doing research is the initial stage so that you find the right method for you to trade. Because not all methods are suitable, not all knowledge can be used. Indeed, there is a lot of knowledge. Some are free. Some are paid, but that's it. everything doesn't necessarily suit our abilities, it doesn't necessarily suit our skills, therefore what is wiser here is to do research on our own way of trading so that we are comfortable trading and in that way we can also form a trading system so that we can continue to use our own way to trade
#485 - October 19, 2023, 09:17:41 AM

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Yes, making research is good habit in forex trading before making any trading decisions, the market is always updated with new trend and sometimes gets influence from several factor including geopolitical tension, interest rate, natural disastrous and more.
#486 - October 19, 2023, 09:45:41 PM

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Doing research on trading is actually not difficult because trading is popular because no matter when and where you are, this can be done as long as there is access to the internet, so research can also be done at any time.
#487 - October 19, 2023, 10:02:35 PM

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Actually doing research is not something that is necessary, but when you really need a method that really comes to your mind, maybe you need something called research because a trader really has to be creative to form a trading system, we might be able to make a profit this way. a common one that has been taught by many people. But in my opinion, I don't know why I'm more suited to using my own method, even though it's strange and tends to be a trick that not everyone can do. But in my opinion, here it doesn't matter that all the techniques are allowed. The important thing is that we can be consistent.
#488 - October 20, 2023, 08:36:08 AM

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Forex trading is a trader's favorite instrument because it is easy to make a profit, but even though trading is easy, we should not be lazy in doing research on the trading system we use.
#489 - October 20, 2023, 01:22:20 PM

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every time you do research before you open a trading account by opening a real account, it is mandatory because doing research will form a character for ourselves to understand a science that is suitable for us. Doing research on analytical methods with management is wrong. one that you have to use because most people always MC if they analyze incorrectly and apply management incorrectly, therefore you must always master this method and knowledge and you must practice it continuously until you are stable to get consistent profits.
#490 - October 21, 2023, 08:59:23 AM

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Now is the time for you to ask yourself whether your trading system is correct or not, if you feel it is not accurate then you must immediately do research to be successful in forex trading.
#491 - October 21, 2023, 11:19:59 AM

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I feel that doing research is important because after all, before you start trading forex using a real account and deposit using real capital, you are obliged to do research and form a method that you will later use as your trading plan and your plan or target without it. Everyone, it's best if you don't trade first. I don't want you to trade carelessly without knowledge or without a target, therefore it is very important and very mandatory for us to do research on our methods and targets.
#492 - October 22, 2023, 10:19:29 AM

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Of course, in trading there are many things we can research, such as how far a particular currency moves every day and where it makes corrections, this will make our trading better.
#493 - October 22, 2023, 01:36:34 PM

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The impact of doing research before you do forex trading using a real account is that you immediately become disciplined in mastering the method you have used. Because after all, every trader has their own way of carrying out analysis and has their own way of determining their goals. Therefore, you also have to be able to determine your own knowledge by applying research, it doesn't need to be too complicated because the more complicated it is, the more difficult it is because when you trade, you should use simple techniques. You can do research and practice for several months, so when you really If you already know how to use it, you can trade using a real account
#494 - October 23, 2023, 10:15:26 AM

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Changes in the pattern of the Forex market itself to what is currently felt have at least developed over time, that's why we have to do research.
#495 - October 23, 2023, 10:48:44 AM

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