My premise was "I learn nothing from winning, only verification. It's a losing trade that contains the education I still need."
Yeah, I agree.I think that education and experience both are needed for being successful in forex trading market because an uneducated people can never succeed in forex trading market and a people having luck of experience can not succeed in forex market.
I was turned onto Forex at the beginning of last year, 2012. I followed my buddy's advice and started learning online through the various forums and edu websites. At the same time, I opened my first DEMO Acct and started practicing what I read.
I'm "disabled" via US Military so it was all I did, 24/7. And I never even considered a Live Account until this year. It has paid off wonderfully. We're told "Find a method/system you like and master it!" I did! I've combined two methods: basket trading and Auto-Scaling those baskets. My first BIG trade was a basket that gave me $5200 (my recent Euro trip). My last big trade was $10.5K on a scaled basket.
No more single currency pair trading for me. The real money is elsewhere.
We have to learn new terms, a new "language" and interpretive perspectives. Then, we have to learn to put it all together. The ease of that comes from the time you study which may be from a site or just watching Price Action on your platform.
It's there if you want it bad enough. A book might not teach you what you want to know but practice will enlighten you every time. My premise was "I learn nothing from winning, only verification. It's a losing trade that contains the education I still need."
I was turned onto Forex at the beginning of last year, 2012. I followed my buddy's advice and started learning online through the various forums and edu websites. At the same time, I opened my first DEMO Acct and started practicing what I read.
I'm "disabled" via US Military so it was all I did, 24/7. And I never even considered a Live Account until this year. It has paid off wonderfully. We're told "Find a method/system you like and master it!" I did! I've combined two methods: basket trading and Auto-Scaling those baskets. My first BIG trade was a basket that gave me $5200 (my recent Euro trip). My last big trade was $10.5K on a scaled basket.
No more single currency pair trading for me. The real money is elsewhere.
We have to learn new terms, a new "language" and interpretive perspectives. Then, we have to learn to put it all together. The ease of that comes from the time you study which may be from a site or just watching Price Action on your platform.
It's there if you want it bad enough. A book might not teach you what you want to know but practice will enlighten you every time. My premise was "I learn nothing from winning, only verification. It's a losing trade that contains the education I still need."
Yes, experience comes from learning. If you have nothing upstairs, there would be no experience.I think experience is the best teacher, however you still need to know the basic in order to make it.