How much times need for learning Forex?

[shere1779]

I am working four month in Forex.I have already loss and profit in my trading.I am able to understand basic rules and ideas Market movement.But some times loss and some times profitable.When loss in market i think i need to more study and when i profit i think i am every thinks learn. Actual how much time need for learn Forex.

[graceb]

On my opinion there is no such specific span of time in learning forex.Knowing forex is very risky and a huge financial market we need to gain sufficient knowledge and this can not be done by just one sitting and most of traders will suggest to try a demo account first untill you gain your confident to go on the live trading.Happy that there is a broker who offered free demo and more than one account and i actually find themhere. So whether you are a fast learner or just a n average learner what is important is you had gain sufficient knowledge,skills as well as confident on forex.

[rrayne20009]

Though the time of learning forex depends on how a traders cope-up,forex learning takes time and dedication.You need to learn the ups and down of forex carefully and patiently.

[unclegober]

It is depends on the Forex trader because if he can learn the Forex Education first and can do practice in Demo account to develop his strategy and skill then I think not more than 3 months will take to learn the Forex Trading. but it is depend which the ability of trader to understand forex

[leebelisar]

I think there is no definite time to learn about Forex. It would depend on the trader itself. But it would be a long time for sure.

[unclegober]

I do think that there is no specific time limitation to learn about Forex training. It also depends upon the Forex trader how he adopts the market and understand the market.A trader should learn about the market and start trading demo account and gain experience and then do trading in real accounts. we can using Video Tutorial to learn about basic trading also

[ValdisFFS]

It is different for everyone. It depends how much time you spend on learning and practicing. Keeping track of your results and analyzing them is very crucial as well. Do not simply make profit and losses, think about reasons and you shall succeed!

[BubbleGum]

It takes everyone no more than a week to confidently “learn” forex as they win their first week of trades. Then they realize it'll take two years to learn how to be profitable in forex. For new beginners try to trade no more than 6 months with a Demo account.

[dangtrader]

It took me 2 days to learn trading platform and about 3 months to get familiar with technical analysis theory and some crucial fundamental concepts. However to be become profitable I spent time that was considerably longer than introductory periods. Thankfully I signed up with reliable broker at once as Hotforex features with FCA licence, segregated accounts and ECN execution model - all that pro retail might require from a broker.

[mlawson71]

Hotforex also recently started adding crypto exchange CFDs, like that of Coinbase.

[dangtrader]

Originally Posted by mlawson71

Hotforex also recently started adding crypto exchange CFDs, like that of Coinbase.

Nice, going to short it :) A lot of regulatory risks surround crypto despite some recent lack of attention from regulators so we have to keep an eye on those developments and they are potentially negative for coinbase stock .

[PapiaKhatunAsha]

It depends on a person like if a person already knew the English language then it won't take a too long time and yes for this he/she needs to choose a good source and in this case, FreshForex education center is very much reliable.

[BubbleGum]

Well, the true answer is that you can never become a constant winner in Forex Trading. Even the expert traders lose sometimes. You need to learn how to over come the loses occurred by you.

[chin100]

Forex is a very easy business where anyone can start trading. To start trading on the forex market at first we have to learn more, then we have to choose a brokerage house, then we have to practice on a demo account. Then we can start real trading.

[dangtrader]

It took me 2 days to learn trading platform and about 3 months to get familiar with technical analysis theory and some crucial fundamental concepts. However to be become profitable I spent time that was considerably longer than introductory periods. Thankfully I signed up with reliable broker at once as Hotforex features with FCA licence, segregated accounts and ECN execution model - all that pro retail might require from a broker.

[BubbleGum]

Well, I have to go through lots of training videos and study materials to get the knowledge about the Forex Trading, which took me about 3 months. But the main learning begin when I completed my Demo and step in the market with small investments and I am still in this stage. So, there is no perfect time limit required to learn the Forex Trading. It is an ongoing process.

[mlawson71]

Learning how to trade takes a long time, years in most cases. And even then there's no guarantee one would be profitable. Not to mention the ever present risk of being scammed, as scammers and bucketshops are, sadly, ubiquitous in this industry.

[BubbleGum]

Yes, Forex Trading includes lots of risks and there's no trader, who could guarantee profit every time. Instead of focussing on loss, you must look for making more profits like that you would be able to recover the losses.