Can you trade without experience and knowledge?

[mamaz]

I think everyone can Forex trading even without the ability to rely on luck, but may just a bit of a successful with the help of facilities of the broker for sure. so I recommend freshfx for beginners as a means to success.

 

[Mr. Lucky]

Each and every individual can enter the Forex Market, but it is not necessary that they all will win as the losing percentage is quite a lot.

 

[Luke Hansen]

sufficient knowledge is must

Of course, devoid of any disagreement; a foreign currency exchange trader needs to manage his trading process very efficiently otherwise he won’t be able to carry out his trading journey to reach to his trading goals. And anyone small scale retail trader to institutional trader, each will require better trading acquaintance to know how to take benefits from the price fluctuations prevailing in the market. Thereby, sufficient knowledge is must.

 

[robert.miner]

Not only in forex world...a sufficient knowledge is must in any business to minimize the risk.

 

[Jurlare]

As Robert.miner noted, knowledge is a must for any business, why would Forex be different? You need at least understand the main drivers of this market before first trade. I think that everything else would be pure gambling with 50/50% change of winning a trade and 100% to lose invested funds

 

[Luke Hansen]

one will require skills

We can’t deny all the infrastructural advantages of forex. Other than, any trader can face difficulties if he can’t properly take advantage of all benefits provided by the forex. Thereby a foreign currency exchange trader needs to give concentration on acquisition of trading knowledge. Each forex trader will require proper understanding of financial market tools and techniques along with skills to utilize knowledge if he wants to be successful here.

 

[amri.rudi]

Trading knowledge is a basic tools for every forex trader. This basic fundamental will be used on every forex strategy and tools.

 

[lal.remigiusz]

I think, to play forex, we are obliged to have the correct teacher. because, when we are wrong, the teacher will improve our performance.

 

[Mitokondrion]

trade without experience will make u gamble. easy aa that.

 

[Izham87]

trade without experience will make u gamble. easy aa that.

but to gain experience, we have to trade ~X(