Experience or Education?
- Thread starter aleandane
- Start date
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as a new comer to forex you don't have experience but you can study well about forex and analysis the market.its possible for you and it help you a lot.but experience and education both are important
Education helps you to start Forex trading and understand the causes and effects while experience helps you to reach consistent profits.
Experience is the best teacher, because lessons learnt with tears are very hard to forget. Yet, practically, experience is the costliest teacher because most times you can barely recover from its gory effect. I prefer education as experience is corrective while education is preventive. At least if Collins, my uncle was thoroughly educated before entering the forex, he would have employed better diligence and thoroughly review his broker's dealing policy to avoid these consequent scandal he is suffering with Forex4you. Such a honorable broker with a FSC license can still use market maker tactics to widen his spreads with false quotes while deliberately delaying his execution speed just to protect themselves from the risks of their responsible fault of their trading platform, all in the name of some false modern NDD policies. He says he think that not all offshore brokers can do this, as some could be more transparent than these reformed regulated bucketshops we have in the US! I couldn't help laughing, what do you think?
In my opinion and from experience , One can NOT be without the other .
Here is something that i have put together , and i am sure it will help many .
STUDY + TIME = KNOWLEDGE
KNOWLEDGE + TIME = EXPERIENCE
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KNOWLEDGE + EXPERIENCE = SUCCESS
Cheers ,
George
hi all i think the experience is most important then education i know about some persons who are not educated but they have very good trader because they have lot of experience of forex
Trading forex trader will be able to get the education and knowledge. He had a chance to get forex education will support him in this thing. After learning that he can practice by doing trading experience. The learning experience is not possible.
I was at a stt year, 2012 was turned onto the forex market. I followed my friend's advice and start learning online through various forums and websites. At the same time, I opened my first demo account and I started to practice.
I think education and experience both is important first get well educated and then gain good experience.
Forex forum can give you 2 advantages. You can learn on forex forum and also could earn as well. So there are 2 benefits and most commonly you can get friends on forum which help you too.
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contact with us to be learn more click here[link removed]
Experience and education both are vital for traders. First you knowledge or learning that makes you able to understand what forex market is and how it works. Then you will get experience to find actual results from trading. forums also provide you knowledge and tips for trading . You will know many solutions for your trading problems.
You need both education and experience in forex.First you need to have education to gain knowledge and experience gives you skills.These two are vital part(knowledge and skill) of forex success.
Yes it is rightly said our experience is our great teacher and what we learn from our experience we never forget that lifetime that why experience traders get success in forex as they learn from their past mistakes and try to overcome that in their next trade.
experience and education are equal important for forex trade.first you need education,you have to know forex and forex trading.then you gather experience by trading in demo and also in real account.
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