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?
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.
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.
It absolutely is vital .
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