BTC USD 85,450.0 Gold USD 4,208.81
Time now: Jun 1, 12:00 AM

Can you trade without experience and knowledge?

You can trade without the knowledge, you may be able to trade without experience, but the knowledge it the must. Thus you need to understand that if you wanna become successful you need to have lots and lots of knowledge.
 
You can trade without the knowledge, you may be able to trade without experience, but the knowledge it the must. Thus you need to understand that if you wanna become successful you need to have lots and lots of knowledge.

If our trading knowledge will increase then we can easily do our trades without any losses. It is true that a loss will occur but with our trading systems we would be able to control them and also get more profits easily.
 
If our trading knowledge will increase then we can easily do our trades without any losses. It is true that a loss will occur but with our trading systems we would be able to control them and also get more profits easily.
it is call controlled loss if we have knowledge
 
Yeah, knowledge and experience and skills are needed to survive in the Forex Trading, thus you need to have lots and lots of practice to become successful in the Forex Trading.
 
Yeah, knowledge and experience and skills are needed to survive in the Forex Trading, thus you need to have lots and lots of practice to become successful in the Forex Trading.

To survive in this business, you need a focus. You have to continue until you reach your goal, I think having a goal for your work is always a good way to be passionate about your work.
 
To survive in this business, you need a focus. You have to continue until you reach your goal, I think having a goal for your work is always a good way to be passionate about your work.

Yeah, and for that we need to have a proper trading plan, without it, we cannot achieve much in Forex, we would be just wasting our time in it.
 
Yeah, and for that we need to have a proper trading plan, without it, we cannot achieve much in Forex, we would be just wasting our time in it.

When we are trading in the currency markets we need to know and understand about using a correct trading plan. It is only when our trading plan is good that we would be able to get consistent income from the markets.
 
When we are trading in the currency markets we need to know and understand about using a correct trading plan. It is only when our trading plan is good that we would be able to get consistent income from the markets.

For that, we need to have a trading plan to follow it. Without a trading plan how we are going to follow it. You have to have some knowledge and skills to be part of this work and for that learning is an important factor.
 
Totally Agreed. The reason behind any successful trader is their effective planning, you need to have proper planning if you wanna survive in the Forex Trading, else you might just lose it all
 
Experience is the secondary thing, but to survive in the Forex Trading the main and the foremost important thing that we will need is the knowledge about it.
 

Live Forex Chart

Currency
Rates
EUR / USD
1.13640
USD / JPY
157.031
GBP / USD
1.32891
USD / CHF
0.83459
USD / CAD
1.41848
EUR / JPY
178.254
AUD / USD
0.69722
Back
Top
Log in Register