i'm new here...

[radex78]

Knowledge and experience are the required skills to become successful and also patience is need to wait for the perfect opportunity, else you might lose a lot.

Yes indeed, forex trading is required good skill and experience, but also need high dedication, because usually at first time trading career, will faced many difficulties, and if they in desperation hence might will leaving forex

 

[Hafizmd]

Yes indeed, forex trading is required good skill and experience, but also need high dedication, because usually at first time trading career, will faced many difficulties, and if they in desperation hence might will leaving forex

I'd even say that people have to be of a certain temperament. If a person is too emotional, he couldn't become a fully logical trader. So, it's better to have a calm attitude to all that happens around and, of course, to have these knowledge and skills you talk about.

 

[Alexfx79]

I'd even say that people have to be of a certain temperament. If a person is too emotional, he couldn't become a fully logical trader. So, it's better to have a calm attitude to all that happens around and, of course, to have these knowledge and skills you talk about.

I can't agree with you as ability to control emotions is not got by birth. It seems to me that every person can get along with his emotions. As they say... nothing is impossible!

 

[Mohdfx]

I think understanding of difficulty is the main point here. You have to be ready for solving hard problems, to learn a lot... I trade for 4 months and all I had learned is that I know too little to earn much money yet It's hard to cope with but I try not to be desperate. I'm working and working and working... It's like sports for me

 

[Winjak]

Very good point, seems you already having good skill and also might long time experience, but might not all trader will same like you, still often I am hear some trader they often fail in trading because each trader also having different skill, or might they still don't learn from their experience

Oh.. that's the problem of unavailability to learn from mistakes. Some new people on forex often miss this part (I mean analyzing their own mistakes). They read books and blogs instead. They look for some easy way to earn a million. That's a problem. Such people look for easy money, but here can't be any easy money. Surely, one can test his luck and try to "play" on Forex, but it's only a play

 

[mlawson71]

I think understanding of difficulty is the main point here. You have to be ready for solving hard problems, to learn a lot... I trade for 4 months and all I had learned is that I know too little to earn much money yet It's hard to cope with but I try not to be desperate. I'm working and working and working... It's like sports for me

Learning that you need to learn more is one of the best things one can do. Self-awareness is hugely important when it comes to forex trading.

 

[Winjak]

I'd even say that people have to be of a certain temperament. If a person is too emotional, he couldn't become a fully logical trader. So, it's better to have a calm attitude to all that happens around and, of course, to have these knowledge and skills you talk about.

I agree. it's what I was talking above. too emotional people can't sit for hours analyzing what was done. it's not bad... You see... if a person can't understand physics, he won't become a physicist, right? the same thing here

 

[radex78]

Oh.. that's the problem of unavailability to learn from mistakes. Some new people on forex often miss this part (I mean analyzing their own mistakes). They read books and blogs instead. They look for some easy way to earn a million. That's a problem. Such people look for easy money, but here can't be any easy money. Surely, one can test his luck and try to "play" on Forex, but it's only a play

Yes first time as beginner I am also have similar mindset like others, forex is easy to making money, but in fact not easy like as on theory, although I am learn standalone but still having spirit to try again until now already few years in forex

 

[adeel]

Well for beginners this forum is really useful and we can learn from the experience of seniors here. You can understand Forex as much as you are curious about it, the more you question the more you learn.

 

[radex78]

Might advisable for newbie to learn and trade only one pair first, before start multiple pair as newbie they can trying on eurusd which I have often reading many suggestion for newbie to choose this pair