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What Knowledge Should a Trader Learn?

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Deplu

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Before plunging into the world of forex, it would be better if we first knew the ins and outs of the forex world. Like a newborn baby, it takes a long process to become proficient at walking or running. We must recognize the forex world well starting from what forex itself is, how forex works, forex analysis, decision making, psychology and other things so that we as novice traders do not get lost before plunging into this forex world.
Please, friends, add what you have to learn in this forex.


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#1 - September 12, 2022, 11:30:16 PM

Dana D

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for me for the beginning we should understand the risk, so we know how to manage the risk correctly and abik from the start
#2 - September 14, 2022, 10:54:33 AM

Indika

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Every trader must learn a lot of things, of course everything
#3 - November 15, 2022, 08:48:29 AM

Timah Panas

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in my opinion what needs to be studied early is mindset and psychology
#4 - November 17, 2022, 04:05:24 AM

Kardel Sharpeye

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To become a successful trader, one needs to acquire a broad range of knowledge and skills. Here are some key areas of knowledge that a trader should focus on:

Markets: A trader must understand the financial markets they want to trade in, including the economic factors that affect them. They should learn about the various instruments available for trading and the characteristics of each market.

Technical analysis: Technical analysis involves using charts and statistical indicators to identify trends and patterns in price movements. A trader should have a strong grasp of technical analysis to make informed trading decisions.
#5 - March 01, 2023, 10:54:33 AM

kuhaku

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What traders need to learn in my opinion is support resistance because this is the basic theory of where prices will move
#6 - March 16, 2023, 11:34:11 PM

Kardel Sharpeye

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A trader in forex trading business should learn technical analysis, fundamental analysis, risk management, trading psychology, and money management. Keeping up-to-date with the latest news and market developments is also crucial for making informed trading decisions. Continuous education and practice are essential for improving trading skills and achieving success in the forex market.
#7 - March 17, 2023, 12:09:44 AM

Rodriguz

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Before trading, study first... knowledge is important if you want to survive in trading, like me, who have been trading for 5 years.
#8 - April 28, 2023, 10:57:44 PM
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