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Thread: New trader needs more experience

  1. #1

    Default New trader needs more experience

    A new trader needs more experience before starting his trading business. he need to learn more and also need to work sincerely. after that he can be succeeded. are you agree with me?

  2. #2
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    The problem that most people encounter when trying to break into new territory is the problem of experience. How is one supposed to learn, grow, and gain the necessary experience to do the job well? It seems to be an oxymoron that we are expected to go out and get a job as a trader right after we get our necessary education. However, we can't seem to find a job because we lack the necessary experience to get the job. The key is to find ways of gaining the experience in order to add it to the resume by volunteering or even working for free if necessary.

  3. #3
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    Yes, I agree with you that new traders really need to practice more and more before getting engaged with Forex trading. Without having enough practice, traders will never be able to be successful.

  4. #4
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    Yes, new traders need more experience. That's why they should use demo account or try to take part in demo account too for getting more trading experiences. I also still use demo account from TenkoFx and using this account, i try to maximize my trading skills.

  5. #5
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    Yes without experience and knowldge a trader can not succeed in Forex. So every trader must have knowldge,skills and experience if they want to make good progress in Forex.

  6. #6
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    experience is very important in forex, because the experience will make us feel very profitable at all, let alone to make forex as a major work is needed once the trading experience

  7. #7
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    Naturally, a new Forex trader start from zero level, so definitely he or she needs to learn Forex trading principles if they want to stay here permanently. I seem, knowledge is much powerful weapon then experience. I have only eight months trading experience but I am doing well in my live account. Why? Because of my knowledge that I have learned from TradingBanks as their free educational services.

  8. #8

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    Yes a new trader should spend a good amount of time in the market so that he could gain good exposure before investing in the real account.

  9. #9
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    Thank You gus, I also believe in that Experience is key!

  10. #10
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    Yes experience is very important in forex business, no anyone trader that joined on forex at first time then suddenly they already become expert, they need practice and experience to develop better trading system in this arena, if there are trader that first time joined forex say if already expert, this is still one thing that wonder, don't they only want to trap us

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