Michael Butcher Posted July 28, 2021 Share Posted July 28, 2021 I think that reviews of brokers are important part for choosing broker and it can help you to understand this process of earning money. You need to have a lot of researching info, maybe, comments, study of licenses and so on. When I was looking for the right broker I found the good site Finarm com. I learnt a lot of info about brokers on this site. You should check it! Quote Link to comment Share on other sites More sharing options...
e_abrams Posted July 28, 2021 Share Posted July 28, 2021 I think the most important part is whether a broker has a proper regulation. Random people may lie on the reviews - either in a falsely positive or a falsely negative way. State regulatory agencies won't do that. Quote Link to comment Share on other sites More sharing options...
bigxy Posted July 29, 2021 Share Posted July 29, 2021 Regulations does count however i better rephrase the statement by saying like regulations plus reputation which also counts in my opinion. Quote Link to comment Share on other sites More sharing options...
DonConcesso Posted July 30, 2021 Share Posted July 30, 2021 Due to lack of education, many traders and mostly beginners fail to make consistent profits. They treat trading like gambling and predict without a proper strategy, which later blows their accounts. Quote Link to comment Share on other sites More sharing options...
e_abrams Posted July 30, 2021 Share Posted July 30, 2021 True. And actual forex education takes a lot of effort and a long period of time, it's not an easy thing at all. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted October 23, 2021 Share Posted October 23, 2021 Training in this industry is critical. Without this, it will be quite difficult to get a positive result. Quote Link to comment Share on other sites More sharing options...
Hudson Posted October 26, 2021 Share Posted October 26, 2021 Forex education is important before live trading. Due to the lack of education, many beginner traders have blown their accounts. Even experienced traders consistently learn new skills and strategies to make consistent profit in forex. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted October 26, 2021 Share Posted October 26, 2021 For a trader, the lack of training is really critical. When I started working with a broker from ExpertOption, I used the demo mode to get enough knowledge and experience. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted October 27, 2021 Share Posted October 27, 2021 On 10/26/2021 at 7:01 PM, Vaabum said: For a trader, the lack of training is really critical. When I started working with a broker from ExpertOption, I used the demo mode to get enough knowledge and experience. We will need to spend some time in learning about the Forex markets and become Better Traders. Quote Link to comment Share on other sites More sharing options...
Dora Wi Posted October 28, 2021 Share Posted October 28, 2021 I agree, without proper learning, you set yourself up for failure. Apart from this, if you think you have sufficient knowledge but you are still not doing well, also look into trading psychology - sometimes it's our emotions that derail progress, and that shouldn't be ignored, either. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted November 11, 2021 Share Posted November 11, 2021 The only way to achieve success in this industry is to work on yourself and the desire to improve your knowledge. This is the only way to achieve success. Quote Link to comment Share on other sites More sharing options...
Ralph Posted November 15, 2021 Share Posted November 15, 2021 If traders do not obtain basic knowledge about forex before entering into live trading, there are high chances of blowing up the accounts. Lack of education in forex can only lead a trader into losses and finally give up trading. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted November 16, 2021 Share Posted November 16, 2021 The most annoying thing is that it can affect the results of the trader's work. The more skills a trader has, the better the result. Quote Link to comment Share on other sites More sharing options...
bearhugs Posted November 17, 2021 Share Posted November 17, 2021 Yes, experience is the key of achiveing success in the Forex Market. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted November 18, 2021 Share Posted November 18, 2021 It is important for a beginner to learn well. As for me, this is a really important aspect that is important to consider if a trader wants to continue working in this industry. Quote Link to comment Share on other sites More sharing options...
Andrae Posted January 20, 2022 Share Posted January 20, 2022 Due to lack of education in forex trading many newbie traders have blown their accounts and given on forex. Which is why brokers have demo accounts, so beginner traders can practice before using a live account. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted January 20, 2022 Share Posted January 20, 2022 Training is a very important aspect for success. I advise you to pay enough attention to this. Quote Link to comment Share on other sites More sharing options...
bigxy Posted January 21, 2022 Share Posted January 21, 2022 On 11/18/2021 at 12:09 AM, bearhugs said: Yes, experience is the key of achiveing success in the Forex Market. Yet we have to go through many bad experiences to conclude the best which lead us to become a successful forex trader of future. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted January 22, 2022 Share Posted January 22, 2022 When I wanted to get enough experience, I worked on a demo account of the ExpertOption broker. For training, this is really the option that can give the trader knowledge. Quote Link to comment Share on other sites More sharing options...
nanamage Posted January 25, 2022 Share Posted January 25, 2022 Are the educational facilities at ExpertOption paid with a top-up amount of money? Quote Link to comment Share on other sites More sharing options...
Vaabum Posted January 25, 2022 Share Posted January 25, 2022 Education for a trader plays an extremely important role. At least when I started working with a broker from ExpertOption, I paid enough attention to this. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted February 8, 2022 Share Posted February 8, 2022 On 1/25/2022 at 11:41 PM, Vaabum said: Education for a trader plays an extremely important role. At least when I started working with a broker from ExpertOption, I paid enough attention to this. If we are Educated enough then the chances of getting the profits will get increased. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted February 9, 2022 Share Posted February 9, 2022 Education in this industry plays an extremely important task. Only having enough experience can you get a positive result of the work. Quote Link to comment Share on other sites More sharing options...
boltushkin Posted February 9, 2022 Share Posted February 9, 2022 Lack of education leads to trading mistakes which turn quickly into wipeout of your trading capital. That's why I spend a lot of time watching youtube webinars including Hotforex daily digest to improve level of my trading knowledge everyday and stay on edge. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted February 10, 2022 Share Posted February 10, 2022 Knowledge for a trader is the most key indicator. Only by gaining knowledge a trader can get a positive result. Quote Link to comment Share on other sites More sharing options...
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