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trading must have the knowledge first

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Vernalta

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When you carry out trading activities, it is mandatory for you to know the knowledge first. When you already know the knowledge, you can trade safely without knowledge. Without a method, you should practice first. Don't force something that you can't yet because later that will make it difficult for you to succeed.  make you lose a lot of money so this trading is not for competition but to maximize your knowledge first until you really have high accuracy to do it
#706 - December 17, 2023, 08:06:40 AM

Ikhtiar

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We really have to try as much as possible to get the right knowledge about forex, because currently there is a lot of trading knowledge that is not correct and sometimes they only make money from forex education, therefore we have to be careful in seeking trading knowledge.
#707 - December 17, 2023, 02:23:03 PM

Vernalta

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A good trader will definitely always prioritize educational learning regarding procedures for carrying out analysis, both for opening positions and analyzing the currency itself.  You must be able to do this when you are still a beginner. We cannot trade without knowledge. We cannot trade without knowledge. What we will do and what we will prepare, therefore, be a wise trader who always learns first before trading.  do something there is nothing we can do without knowledge when we trade forex we will definitely need knowledge both about analysis and about maintaining management as well as getting the money itself
#708 - December 18, 2023, 08:17:02 AM

Ikhtiar

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It is true that when trading we have to have knowledge first in order to get maximum results so that we can accept losses or failures when trading, but we have to be able to analyze the current market conditions.
#709 - December 18, 2023, 11:15:34 AM

Dyandra

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It is indeed mandatory for us to know the knowledge first. When we want to trade foreign exchange without knowledge, we may have difficulty analyzing or even opening positions without knowledge. Also, we will definitely have difficulty getting results even if it is only a few dollars, so it is better to have knowledge.  what we learn is knowledge that we must use later as a trading system, so there's no need to rush, you need to learn about technical issues, learn management issues, learn to overcome risks, learn to overcome psychology, everything you have to be able to learn so that when you trade you become  calm
#710 - December 22, 2023, 08:20:45 AM

Vernalta

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When carrying out forex trading, we must not carelessly open positions or analyze because when you carelessly carry out analysis or open positions, it will really endanger your money and everything will become chaotic when you are determined to do that because after all, knowledge is really needed in any case.  including forex trading actions When you carry out forex trading you will definitely need knowledge, you need guidance, you need provisions, you need a special method that can make you consistent and that is if research is a process and it doesn't take a moment, so use your time first to be able to do it.  Great learning so you can focus on the system and can trade well.
#711 - December 25, 2023, 09:31:03 AM

Ikhtiar

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In my opinion, the knowledge you must have when you trade is the knowledge of how to manage your emotions combined with the techniques you use. In my opinion, this is important to enable you to make consistent profits.
#712 - December 25, 2023, 10:55:52 AM

Vernalta

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A trader who wants to be successful must be able to pay attention to his own strengths and must be able to pay attention to his own abilities in trying to make a profit, in other words.  In this case, knowledge is important for us to learn. When you are determined to trade using feelings alone, you don't use a clear plan, you don't have knowledge with high accuracy.  So the impact will be very disappointing for you because this is a high-risk business and a business with high risks, so you have to use consistent knowledge, use disciplined knowledge, so you have to know the knowledge first before jumping in.
#713 - December 30, 2023, 09:16:00 AM

Dyandra

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If you are a trader then you have to know the knowledge first before trading because when you trade forex don't know what to do don't know what goals you are achieving don't know how much risk management you use then everything will fall apart so in my opinion  No need to open a real account first. No need to deposit first.  Just use the existing demo account to make mature trades with very good practice
#714 - January 15, 2024, 08:59:04 AM

Ikhtiar

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knowledge in trading is very necessary because with knowledge we can do many things and not ignore MM for the sake of ambition and lust for super big profits
#715 - January 15, 2024, 11:38:04 AM

Dyandra

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All activities, whether work or business, require special knowledge and methods or ones that you have generated from previous experience and learning when you do business, especially risky business such as forex trading, you have to know the knowledge to enter because if you don't have any knowledge, you don't have to.  have any knowledge, even if it's just risk management. So don't dream that you can get consistent results because if you don't have any knowledge, your money will continue to be lost, so it is mandatory for all of us to deepen our knowledge before using a real account properly.
#716 - January 17, 2024, 08:14:05 AM

Ikhtiar

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I never doubt this statement because whatever we do must be based on science. Forex trading is not like gambling which only guesses numbers and is based on luck, but forex trading is based on science, all of which we can analyze based on past history.
#717 - January 17, 2024, 09:15:11 AM

Vernalta

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You must be able to use knowledge about forex trading. When you learn, when you learn, when you practice using a demo account, that's when you have to understand the basic knowledge that must be used when you run this business, the first is management, the second is psychology.  the third is the strategy, all the knowledge you have to know and have to master first because you can't directly use a real account. Then you trade like a professional. All of that requires practice first. You need experience first.
#718 - January 18, 2024, 09:07:00 AM

Ikhtiar

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If you don't have knowledge in trading, you will always repeat the same mistakes. Because the existence of knowledge in trading will make traders try to be disciplined and correct mistakes. Apart from that, if trading is not regulated, there will often be random entries.
#719 - January 18, 2024, 09:30:41 AM

Vernalta

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When you carry out trading activities, for example, you have knowledge that makes you smarter. There is a lot of knowledge. I suggest you learn about technical analysis and money management. The rest is that you can learn about psychology and patience only in that way. Then you can practice for growth with  a better way to get a solution to your own mistakes so study well, study seriously
#720 - January 21, 2024, 09:11:37 AM
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