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-   -   What do you consider the best type of education for a trader? (https://www.forexlasers.com/forums/forex-discussion/2530-what-do-you-consider-best-type-education-trader.html)

unclegober 16-03-2015 08:53

What do you consider the best type of education for a trader?
 
Experience of course and learning materials. I saw a few important notes given by the winners of the real account "Trader Of The Month" in Tickmill. I am now trying to be able to use the principles of their work to increase knowledge of trading.


What instruments do you prefer to trade and why?

My favorite instruments are EUR/USD and GBP/USD

What schedule (trading hours) do you have for your trading?

I always trade during Asian session.

Did you receive personal training from other traders or did you mainly educate yourself on your own?

I have read a lot of traders’ blogs. Most of my knowledge came from there. I have also watched a lots of videos what are teaching trading strategies. I copied some strategies and improved those.

Do you create your own strategies or use the ones that already exist? Can you briefly describe your strategy?

Yes, I have my own strategy which is very complicated to explain. I use mixed strategies combined with lots of different Indicators, Expert Advisor and manual trading.

What is the most important quality a trader should have?

There are few of them that are very important. Most important quality is patience.The second one is ability to learn different trading skills and understanding financial markets.

How do you deal with losses, does it have an emotional impact on you?

As a trader you have to be prepared to take risks and losses.

Are you satisfied with our service and is there anything we can improve?

I am extremely satisfied with you services. I tried many brokers for my long trading career and coul not find any better. I hope that you add some online trading platforms in the future.

vic84 25-03-2015 17:12

Re: What do you consider the best type of education for a trader?
 
Yeah demo trading is good but there are doubts in our mind while trading and for that Forums are good source to sort it out.

fatonahfx 28-03-2015 03:01

Re: What do you consider the best type of education for a trader?
 
I think that the best education is practices using help of tutors.its fast way to improve our skill in trade. And you must learning many ebook about forex

unclegober 22-10-2015 05:10

Re: What do you consider the best type of education for a trader?
 
In forex your knowledge is important but more from this you have to do trading practice . Without practice your knowledge will be of no use. I consider demo trading best for learning and getting experience. it is best way where you learn trading all free of cost and apply your knowledge on it to see what should be good for you in trading.

unclegober 03-12-2015 05:18

Re: What do you consider the best type of education for a trader?
 
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orni308 07-12-2015 17:07

Re: What do you consider the best type of education for a trader?
 
I think the best place to learn about forex trading is in Forums and fro Demo account, both these options can save you a lot of money as well as can give multiple solutions to your queries.

watson7tyler 11-12-2015 12:50

Re: What do you consider the best type of education for a trader?
 
I think both demo and real.

VinsonFinancial 14-12-2015 19:25

Re: What do you consider the best type of education for a trader?
 
Practice is always the best way to educate, training and improve the trading ability of a trader.

unclegober 03-02-2016 05:53

Re: What do you consider the best type of education for a trader?
 
A tip for a beginner is to never stop learning and also maximize the demo account to practice. I also use a demo account to practice the best trading system before opening the real account in TICKMILL

wuxiami 09-02-2016 07:34

Re: What do you consider the best type of education for a trader?
 
I think share and learning are best type of education, actually we should take time on forums and webinars to learn lesson and experience from others.

edojoker 10-02-2016 13:30

Re: What do you consider the best type of education for a trader?
 
Quote:

Originally Posted by unclegober (Post 27933)
A tip for a beginner is to never stop learning and also maximize the demo account to practice. I also use a demo account to practice the best trading system before opening the real account in TICKMILL

I think that using demo account will not improving our skill because we do not have responsibility if our money lost there. It would be different if using demo contest, its more challenge and we have to win there to get the prize.

tama13 11-02-2016 06:15

Re: What do you consider the best type of education for a trader?
 
demo might lower the risk but in the end the best educator would be experience :) over time one will learn one weay or the other, some faster than others but it takes time and patience :)


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