How knowldge is important in Forex?

Sicert

Newbie
Mar 31, 2020
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I am new here and also in Forex trading, I want to ask a question from all valuable members of this EarnForex forum that how knowldge is important in Forex trading and how we can acquire this knowldge?
 
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yeneffer

Banned
Mar 30, 2020
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Completely important to learn. Without them, you cannot gain knowledge or improve.

The admin has shared the nice link. Would be good idea to learn from babypips as well
 
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Zeenat shein

Banned
Apr 11, 2020
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Yes, knowledge is the only key to success in forex market, adequate knowledge with skills is very important. If you don't have such skills it will be very difficult for a trader to survive long term in this market.
 
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Aug 5, 2021
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Traders need to have extensive knowledge to understand how trading works and what moves the markets so that they know what to invest in.
There are a lot of places you can acquire this knowledge on the internet. Forums like this one, videos on YouTube, reading articles on various websites, and practicing on a demo account are a few of the main examples.
 

Jungletrader

Trader
Sep 5, 2019
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It absolutely is vital .
Here Babypips Forexpeacearmy and Forex.academy.
Loads of quality free content to take you through your trading journey.
Demo accounts provide a risk free environment to practice your trading strategy.
Good luck