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Thread: why most trader not want first learn?

  1. #16
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    I thin many newbies in forex think that they just need luck to generate their first profits. But this is wrong, because that they will be able to trade forex they need to learn first what is forex and how to generate profits.

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    The newbies need to study forex very well before thinking of luck in forex.

  3. #18
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    The newbies need to trade to find out their way of taking risk.
    The most important thing for newbies is that they have to realise that this is just like roulette, it can go up or down, but with their knowledge and experience they can turn favors in their way.
    I recommend technical, as fundamental is too short-term and can be too risky.
    Also only trade with the money you can afford to lose.

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    As per my suggestion for new comer in the forex platform that is first practices with demo account then come in to the real account but most of the new comer think they could survive in the trading without any long session of training then they might be looser even though for forex expert.

  5. #20
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    perhaps most traderdo not want to learn first.I think Forex trading is not so easy with out learning they understand that trading is only buying and selling orders.But when they get loss,then they become ready to learn first before doing real trading.

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    Peoples who are new trade they want to just start and earn money they do not like to learn . This is not good habit . If you want to trading in forex market than you should learn first and practice on demo account.

  7. #22
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    Well I guess they will learn it if they want or not. Cause the only thing who is teaching you how to trade is experience, getting by trading and making misstakes for a long period of time.

  8. #23
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    Quote Originally Posted by moorb View Post
    Well I guess they will learn it if they want or not. Cause the only thing who is teaching you how to trade is experience, getting by trading and making misstakes for a long period of time.
    indeed we are required to learn from mistakes, do not let the error go away

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    A destiny of newbies in forex think so as to they absolutely need break to generate their main profits. But this is wicked, as so as to they will be able to trade forex they need to be taught main what did you say? Is forex and how to generate profits.

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    All traders start to learn in some way. Some of us have the luck in take right orientation. Other have to learn alone studying and making mistakes. Also the cause of errors are not only do not know how to trade. There are many other causes like emotions and get tiring.

  11. #26
    Market Maker cool user samurai3x's Avatar
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    yeah, most beginners fail to realize that they face a pretty steep learning curve to master the complexities of Forex. Many new traders interested in Forex by constant publicity states that it is a source of widespread appreciation and easy to obtain. Consequently, they are not really ready for what lies ahead of them. For example, even if they have a good forex trading strategy can be inadequate. Moreover, they do not appreciate that they have to focus on the risks first before profit.

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    Most traders do not think of learning first. They think of learning as a secondary thing. They think of money first and then learning second. This is erroneous . I believe learning the rudiments of forex should come first

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    Because we are human and the easiest thing for us is to learn after making a mistake sometime it won't be enough if we only hear about it from other peoples, we need to taste it by our self especially about losses

  14. #29
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    Every new trader want to profit to do simple work i/e buy/sell, that's why every new trader avoid to learn Forex trading deeply. And at the last they are loss there investment.

  15. #30
    Market Maker cool user samurai3x's Avatar
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    Quote Originally Posted by rivo25 View Post
    Every new trader want to profit to do simple work i/e buy/sell, that's why every new trader avoid to learn Forex trading deeply. And at the last they are loss there investment.
    You're right, usually newbies will think like that, including me, but gradually they would think that forex is not as easy as what they think. In that situation would appear an option for new traders, between continuing, or retreated from forex.

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