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how to study forex


gamer777

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For sure it is necessary thing to do but not just for forex, it is for the other business too. Forex need it because of its high risk and you must learn how to trade well and handle the risk which you will get later. As for me i learn from websites and practicing it.

That's right. One of the ways to success in other businesses is to know the way to the business. There are so many businesses one do or one can venture into but the only condition to set you to where you want to be is that you are able to make that which you want to make and if for any reason you want to trade, you need to understand it.

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learn forex can be anywhere, the most important thing we can learn forex trading by trying to use the facilities of the brokerage. now many brokers who provide facilities for us to be trading with a maximum and comfortably as with a demo account or with the  demo  contest like demo  contest  of instaforex

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How to study is by knowing how to trade. Knowing what Forex is is also by taking your time to be able to study it well and learn from it. You can learn on your own and also achieve whatever you want to achieve because the main thing is by knowing what it is that makes you the kind of trader you desire to be and be willing to take it to the place you need to earn well.

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  • 2 weeks later...

Learning forex trading is necessary for traders, since forex has a high risk so as to be successful then we need to continue to improve the skills of trading good, so it will allow us to trade with the maximum. We can use a demo account to improve the skills of trading well

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  • 2 weeks later...

Study means you must read and also practicing well in this case demo account is the best place. Going through real account directly never be a wise idea. If you want material to read there are tons of forex blogs that you can find online, sooner after that just practice what you learn to see which one is more suitable for you.

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  • 6 months later...

To study forex someone need to be careful with their sources, sometimes the sources we are hoping for are the cause of our learning. So that is why this is demo account become so important for traders. With our critical thinking and demo account we could avoid much of this kind of lose, because of the wrong source of learning.

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We can use several source to learn about forex trading and I think we can use demo account to make practice  , Trading experience from demo account will help us to more lesson.

 

Source of education that we can find on internet (forums, blogs, or even your forex brokers). But the most important is you can share almost everything in this forum which is every members are online to help you.

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WIll beter if you spent more time to practice, although only use demo account but if you can test any system trading and learn how to manage money in uncertainty maket condition, actually demo account is good place to learn and practice, don't rush jump to real account without experience, because forex trading is risky and market forex very fierce

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Studying foreign exchange is easier rather than when we compare study foreign exchange with other fx's activity such as analyze the trend, making decision to open(or even close if you don't set SL or think the price may cannot accomodate your TP anymore) the position. I don't say it is hard it is just harder than learning because, in order to earn you need experience which is the hardest part to gain in forex, it may takes years for you.

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Studying foreign exchange is easier rather than when we compare study foreign exchange with other fx's activity such as analyze the trend, making decision to open(or even close if you don't set SL or think the price may cannot accomodate your TP anymore) the position. I don't say it is hard it is just harder than learning because, in order to earn you need experience which is the hardest part to gain in forex, it may takes years for you.

Don't despair, I think if we running forex business with fun and enjoy, we have no target will become rich from forex, and we just flow like as water in this business but keep learning, I think we will able manage our capital better than before,

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As forex trader, we need to always keep learning and practice. This is needed for us if we want to make money through forex. Skill will always needed here. Without skill to trade, we are nothing in forex. We will also need to always follow our plan, money management and risk management if we want to have better safer trading experience. Be focus, keep learning and be better trader everyday.
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learning is essential here in forex industry, and for you to start. you can look for learning materials online and also you can join forums that discuss news and ideas about forex trading. 

Pretty much, but don't over learning since it would be too boring because people's first reason to trade in forex or jump into this business is to earn better income. Forex promises it but also give us an obstacle which we must overcome so this is why learning could come for, to make you better than ever.

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Pretty much, but don't over learning since it would be too boring because people's first reason to trade in forex or jump into this business is to earn better income. Forex promises it but also give us an obstacle which we must overcome so this is why learning could come for, to make you better than ever.

 

 

Agree with this.

Just take your time when learning this kind of business because the real business is really boring when you get the essence of it.

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Pretty much, but don't over learning since it would be too boring because people's first reason to trade in forex or jump into this business is to earn better income. Forex promises it but also give us an obstacle which we must overcome so this is why learning could come for, to make you better than ever.

 

 

Agree with this.

Just take your time when learning this kind of business because the real business is really boring when you get the essence of it.

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There are so many ways which you can study forex trading and some of the way is that you will need a good demo account and also try your own best and trade along with the professional traders just to get what is good very fast.
Yes I mean very fast and that is the right thing for any newbie trader dont just relent your effort of decentment 

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The best way i found to learn Forex is, babypips online school. The website contains every single details about Forex. Start with it. Take part in discussion on forum. You will learn a lot from the forum also 

That site is also helpful.Surely we also need to use demo account first to start trading and hone our trading skills. Practice will make us be able to understand about forex trading further more.

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Sites like babypips actually so much helpful for many traders, one of the easiest way to gain more knowledge without need to spend money even for a single bit. Yes @aliforex i think people shouldn't forget demo account, sites like babypips combined with demo account on trustable broker is a very effective yet efficient way to study forex.

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Sites like babypips actually so much helpful for many traders, one of the easiest way to gain more knowledge without need to spend money even for a single bit. Yes @aliforex i think people shouldn't forget demo account, sites like babypips combined with demo account on trustable broker is a very effective yet efficient way to study forex.

 

I use to visit that website to learn and master the basics of forex trading itself. Combine it with training on demo account and you will be really ready to face real trading with real account.

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As long as you are really good with practicing because not all people have talent in forex. You may take 2 months to be a good traders but some poeple could take around some months or even few years for the sake of being just adequate traders. Also trading in forex plays our emotions so bad, which become our challenge on each trading.

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we need to learn forex demo account with a demo account so we can learn forex properly. for that, we have to utilize a demo account with either. because a lot of things we can do with the demo account. highly recommended for beginners to learn andpractice a lot of trading in a demo account


 

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