how can i develop my skill?

[mdenamul]

Well skill is needed for good trading experience. For gathering good skill you need practice more a lot in demo account. And also continue reading article from different source via internet. When you realize that you good for trade the you can start real trade with good skills.

[Gaban]

  mdenamul said:

Well skill is needed for good trading experience. For gathering good skill you need practice more a lot in demo account. And also continue reading article from different source via internet. When you realize that you good for trade the you can start real trade with good skills.

 

That's right, if we wanna be a successful trader, we have to improve our trading skill and by practicing more in demo account is good step to make our trading skill be better and better, and don't forget to take part in demo contest too.

[loll]

You have to keep learning, dont stop learning, once you stop, you will lose. and DEMO!

[posed]

never ever stop learning, there is always something new to learn, it is like my version of star gazing really, its a never ending story for sure

[Alpha32768]

Check indicators, trade readymade systems, try to understand whats behind them

[zhy2]

http://www.360fx.cn/bbs/?fromuid=1112=D>

[Guest sourcecodefx]

Hi, nice to see you.

I’m a trader from China. I have 6-year forex trading experiences and I'm the top trade leader ranked NO.1 on currensee.

I think we have to learn from mistakes. I creat my own EA and at the beginning it did not work but after countless demo practices, my systems tend to be more and more stable. Just one thing, don't be afraid of failures because it's the only way to make progress. Hope you be a successful trader.

[luckyjack]

Don't understand the question, you already answered ?!

[Guest FloridaTrader]

  luckyjack said:

Don't understand the question, you already answered ?!

When posting, use quotes so we can see whom or what posting you are referring to new guy.

[fedya9568]

  Alpha32768 said:

Check indicators, trade readymade systems, try to understand whats behind them

 

I don't think that it is not so good idea to work according to indicators. they can not show something helpfull...

[Crow]

I'd say demo is the only way to get some skills, but there is nothing that can fully prepare you for live trading. So try to combine both by duplicating trades from demo to live.

[traderx4]

DROP ALL YOUR INDICATORS AND LEARN TO TRADE FROM THE ORDER BOOK!

You wont regret it!

search for jigsaw trading.

Once you acquire this skill, you are on your way to becoming a truly profitable trader.

And if anyone says: "What are you doing in this forum then?" My answer is to give back to this forum. It's helped me by many member's generosity in the past.

 

Peace..

>:D<

Edited October 17, 2013 by traderx4

[masepek]

Increasing knowledge and get more practice will develop your skills, practicing forex with real account will give you more of a positive impact on your ability, do not need to use big fund to train in a real account, just use a mini account, such as $ 10 in galleass, to be able to practice more without sacrificing a lot of money.

[diana yes]

Hi everyone!I'm Diana,new at forex and i'm willing to gain my knowledge about this.

[gerski]

  loll said:

You have to keep learning, dont stop learning, once you stop, you will lose. and DEMO!

 

I have the same opinion too,that learning is a nonstop knowing the market is so big.Even professional traders continue to educate themselves.

[gerski]

  loll said:

You have to keep learning, dont stop learning, once you stop, you will lose. and DEMO!

 

I agree we should continously educate ourselves with regards to forex.

[gerski]

  Gaban said:

I agree with you, we certainly should not stop learning. Learning is not only for the novice trader. But professional traders still have to learn. Because forex risk is very high.

 

Yap thats right as they says forex is very risky.Thanks we have the same point of view.

[masepek]

To improve the skills we certainly have to continue to learn and practice, but is not recommended for continuous practice using a demo account, because the demo account can not hone all aspects that affect the skills to managing forex risk, preferably lots of practice using a real account, either with a free account or by deposit in a mini account, do not need a big capital to open a mini account, in galleass you can open a mini account with a minimum deposit of only $ 10.

[polaris]

Do you really think that your spamming leads to people opening accounts? To me such spamming is a big red flag!

[diana yes]

  mdenamul said:

Well skill is needed for good trading experience. For gathering good skill you need practice more a lot in demo account. And also continue reading article from different source via internet. When you realize that you good for trade the you can start real trade with good skills.

Well that's right!That's why I keep on learning and gaining my knowledge to improve my skill.

[rrayne2009]

  diana yes said:

Well that's right!That's why I keep on learning and gaining my knowledge to improve my skill.

 

Practice and experience develops skill in forex,and its education that gives us knowledge.

[diana yes]

  rrayne2009 said:

Practice and experience develops skill in forex,and its education that gives us knowledge.

 

yes rryane you are right if we dont have experience we wont be able to improve our skills.

[rrayne2009]

And skills are developed more on a live account than in a demo because of the presence of trading psychology.In here,you'll have to develop a skill on how to deal with your emotions and relying more on logic in making trading decisions.

 

But nonetheless,demo is still a useful tool for a newbie.

[diana yes]

  rrayne2009 said:

And skills are developed more on a live account than in a demo because of the presence of trading psychology.In here,you'll have to develop a skill on how to deal with your emotions and relying more on logic in making trading decisions.

 

But nonetheless,demo is still a useful tool for a newbie.

Yes of course because demo is a test for a trader if they are already be able to have a live account.

[binaryowner]

To build up your skills you need to trade for one or more years. It's all about your experience which comes only with time. Don't rush, do everything gradually and use right broker to avoid distortion of your results. (broker greatly affects on your trading so choose it carefully)