Forex Zone - Forex Forum

Avoid forex trading?

Discussion started on Forex Education

  • Sr. Member
  • Posts: 444
  • Points: 0
  • Likes Received: 31
  • Reputation: +2/-0
Trading without basic knowledge of forex trading, you should avoid this business because if there is no knowledge it is tantamount to gambling.
Gambling will not be good as a profit business, so it is better to go through forex trading where the first is basic knowledge.
#31 - February 23, 2021, 02:39:34 PM

  • Sr. Member
  • Posts: 436
  • Points: 0
  • Likes Received: 53
  • Reputation: +2/-0
Trading on guesswork and relying on luck is like gambling, and that's not very good. We will not achieve consistent profit in the forex business.
#32 - February 24, 2021, 06:27:34 AM

  • Sr. Member
  • Posts: 337
  • Points: 0
  • Likes Received: 25
  • Reputation: +1/-0
My opinion, you will not get a profit without understanding the basics of forex, because forex trading requires great skill and knowledge. 
So if we don't want to learn forex trading then avoid forex trading.
#33 - February 24, 2021, 07:46:10 AM

  • Full Member
  • Posts: 237
  • Points: 2100
  • Likes Received: 16
  • Reputation: +2/-0
avoid what is meant here is when you decide to enter the world of forex but you do not have sufficient provisions in the ability to transact, because indeed it will all be in vain if your money runs out for an instant due to your ignorance of understanding the market
#34 - April 25, 2021, 08:17:30 AM

  • Hero Member
  • Posts: 634
  • Points: 440
  • Likes Received: 0
  • Reputation: +0/-6
To become a trader most do not have to study the legal supply demand because prices move due to legal requests and offers.

By knowing this law, a trader knows at what price should buy and be proud of how much to sell.
To get profit or profit in any trade not only forex, we have to buy at low prices and sell at high prices.

By studying supply demand we will be able to identify areas where the majority of market players take action (demand area) and areas where the majority of market players sell (supply areas).
So without any indicators we can trade.

#35 - May 25, 2021, 10:20:28 PM

  • Hero Member
  • Posts: 1161
  • Points: 2955
  • Likes Received: 148
  • Reputation: +6/-8
in my opinion all science about trading is important because if we equip ourselves with knowledge before deciding to trade then we will be able to avoid the actual losses unnecessary
#36 - May 26, 2021, 09:12:19 AM

  • Hero Member
  • Posts: 1075
  • Points: 386
  • Likes Received: 8
  • Reputation: +0/-8
in my opinion, it is important that we learn the trading grace before we decide to trade in the world of forex trading, this is so that we can further minimize losses that may occur due to ignorance factors.
#37 - May 28, 2021, 03:58:06 AM

  • Hero Member
  • Posts: 632
  • Points: 560
  • Likes Received: 5
  • Reputation: +0/-6
Very disagree with this marking, because forex trading is done well in the right way it will be a very promising business with a big opinion, but on the contrary if it is being able to be used in the wrong way, it will indeed be able to make us lose a lot of money, so the point is from how we run it
#38 - May 29, 2021, 01:52:40 AM

  • Hero Member
  • Posts: 518
  • Points: 400
  • Likes Received: 5
  • Reputation: +0/-4
In trading what is important we can always manage our trading well, especially the risks, if we can do that then we will have a great chance to be successful
#39 - May 31, 2021, 03:12:43 AM

  • Hero Member
  • Posts: 1214
  • Points: 938
  • Likes Received: 29
  • Reputation: +5/-5
Trading forex if it is done properly and correctly is the most profitable business with less effort, because it would be a shame to just make trading a gamble
#40 - June 02, 2021, 12:17:05 AM

  • Hero Member
  • Posts: 1007
  • Points: 435
  • Likes Received: 8
  • Reputation: +1/-3
Trading is not at all the same as gambling, as long as we run it very well, full of planning, full of calculations and full of analysis
#41 - June 12, 2021, 06:55:03 AM

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 175
  • Reputation: +70/-0
Learning trading science should indeed be learned that is considered easy to use it in the future to digest more difficult trading science. Learning System for example if System Support and Resistance is considered the easiest to learn the focus on learning support and resistance. Then it can continue to other knowledge if the support and resistance is considered properly and carefully against the floating length because it can cause our balance resistance to being poor so that it can cause increasing losses therefore the use of stop loss is very important for traders to minimize the loss as long as the stop loss placement is right
#42 - June 14, 2021, 09:03:35 AM

  • Hero Member
  • Posts: 625
  • Points: 598
  • Likes Received: 6
  • Reputation: +0/-4
I think it's good to improve trading skills if we are able.
Because to change the trading style it takes adjustments both in terms of time and thoughts. We have to be really focused and it takes a long time to understand the character of 1 pair.
Change the technique or add a new technique, it also needs adjustment.
The new technique will definitely come up with the term "new" again. If the technique is still simple and close to the technique we are using now, you can try it, who knows, it could be a complement to the technique we are using now.
But if the new one makes a mess, it's better not to do it.

#43 - June 16, 2021, 03:47:14 PM

  • Hero Member
  • Posts: 518
  • Points: 400
  • Likes Received: 5
  • Reputation: +0/-4
if we want to trade properly and correctly then we must trade with first-class knowledge, so that we can be free from losses due to unnecessary ignorance
#44 - June 18, 2021, 12:47:36 PM

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
actually this topic in my opinion is not true, indeed all of that requires a process and all of that requires sacrifice to trade forex, there are
#45 - June 19, 2021, 12:32:16 PM

Members:

0 Members and 1 Guest are viewing this topic.