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Trading without experience

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  • Trading without experience

    It is very much tough very much to have experience to have the greatest thing to do the trading is to do the forex trading with focused and also very much enough money. Every trader trades in this market without any experience in the beginning so we can say that time is not a much profitable and full of losses, but traders start to earn with the passage of time as they grow as experienced traders.

    In every field experience is very important, without experience a person cannot be successful. If a trader wants to be perfect in trading he or she must first learn and practice in demo then start forex trading. Is there anyone who trading without any experience? Please shear how much you gain by your own.

  • #2
    forex forum makes traders get in touch each other, sharing knowledge and experience that can be very useful in an interactive way, asking for help and get many useful response from other members may resolve his problems, many good stuff such as eBook give freely by other members, forum is the right place to educate our self.
    http://aff.bestforexpartners.com/cli...=a3092-b1154-p

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    • #3
      Beginners are not expected to understand from currency trading boards but can use boards to complement the information that they have or to look for sources like hyperlinks or guides to understand from. It’s better to begin off with a guide or e-book to know the fundamentals at the least.
      http://aff.bestforexpartners.com/cli...=a3092-b1154-p

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      • #4
        th anks for the information will get on to it

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        • #5
          Yes, it has taken me over 2 years to start to get the hang of things.

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          • #6
            When you start it is normal to lack the experience, what is very important is what type of experience you will learn. There are traders who have been around for let's say five years and therefore you would assume they have at least a big portion of the required experience, but they do not and still struggle.
            Do you get all your orders filled? Tight spreads and deep liquidity for serious traders.

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            • #7
              Originally posted by mumuy View Post
              Every trader trades in this market without any experience in the beginning so we can say that time is not a much profitable and full of losses, but traders start to earn with the passage of time as they grow as experienced traders.
              Not sure where you get your info from new guy but not all traders that start out end up making a lot of losses. Losses are inevitable, but you have no idea as to how much anyone loses when they start out as new traders.

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              • #8
                Originally posted by Rambo35 View Post
                When you start it is normal to lack the experience, what is very important is what type of experience you will learn. There are traders who have been around for let's say five years and therefore you would assume they have at least a big portion of the required experience, but they do not and still struggle.
                This is an excellent point made by the big guy. Let's say that someone has a strong background trading the stock market, I believe they have some already developed discipline that makes them a more cautious forex trader when they start trading the currencies or options.

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                • #9
                  Hello Rambo.. Hello Freddie ..

                  I direct this post to you guys knowing that participate and contribute in this forum... probably same as me.. waiting for trades
                  or simple bored of backtesting strategies.

                  And related to the over-spamming this forum is having.

                  Have you notice the spam "tactics" of starting a thread with some interesting and relevant topic..
                  and immediate after a couple of "new" member post "links" with solutions.???

                  Most of the time all posts with exact writing style

                  Think about it ... maybe review the multiple threads started by the same members.

                  J.

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                  • #10
                    i think trade without experience is a loss of money.

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                    • #11
                      Trading without experience can be likened to driving without experience. We know that it will definitely result in a catastrophic crash that could put one's life on the line. Without the right knowledge, skills/methods forex trade would be a beginner's worse nightmare.

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                      • #12
                        Originally posted by Jacob Stone View Post
                        Trading without experience can be likened to driving without experience. We know that it will definitely result in a catastrophic crash that could put one's life on the line. Without the right knowledge, skills/methods forex trade would be a beginner's worse nightmare.
                        Experience is the driving force in the market, without it we can go no where. But it all starts from somewhere, and you have to be patient with yourself.

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                        • #13
                          Originally posted by merislov View Post
                          Experience is the driving force in the market, without it we can go no where. But it all starts from somewhere, and you have to be patient with yourself.
                          One cannot sow today and then expect to reap the next day, hence patience is definitely needed to be successful in Forex.

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                          • #14
                            Originally posted by Jacob Stone View Post
                            One cannot sow today and then expect to reap the next day, hence patience is definitely needed to be successful in Forex.
                            We compare this to a farmer who plants coco for instance, there is nothing he can do to make that plant grow to maturity within day. Forex is kinda similar, we patiently build our carrier around it.

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                            • #15
                              Experience comes from practice and the best practicing tool in forex trading is a demo account, so every new trader should use it to learn how to earn moeny through forex trading or else they would also be among the 90% who losses their money in forex trading and the major reason is that they don't have any trading experience at all.

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                              • #16
                                Originally posted by merislov View Post
                                We compare this to a farmer who plants coco for instance, there is nothing he can do to make that plant grow to maturity within day. Forex is kinda similar, we patiently build our carrier around it.
                                And it is this kind of trading experience that defines a traders character whether he can endure when there is a loss.

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                                • #17
                                  i think trade without experience is a loss of money.

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                                  • #18
                                    experience is necessary for improvement,progress.as increase your experience your ability to improve your skill increase and you earn consistently.

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                                    • #19
                                      I heard that the Risk Percentage will be 2%. Is that right?
                                      Thank for sharing

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                                      • #20
                                        Originally posted by gabrifx View Post
                                        experience is necessary for improvement,progress.as increase your experience your ability to improve your skill increase and you earn consistently.
                                        The more you trade, the more experienced you would become. So consistency is the key in trading forex, we have to keep at doing it constantly without lapsing at anytime. Except on emergencies we can definitely take a break.

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