Traders need more knowledge than capital

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Thread: Traders need more knowledge than capital

  1. #1
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    Default Traders need more knowledge than capital

    Traders need more knowledge than capital
    Forex trading carries a lot of risks. In forex trading, you need more knowledge than big capital. Forex trading can be potentially profitable, but you need to understand that you can lose money. Nowadays, many brokers like Eurotrader offer free educational resources. It also gives tight spread, easy and fast account opening, and many more.

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    Of course, if you want to trade, you have to create knowledge first. Then you have to keep an eye on the investment. If we do not have the knowledge to trade, it will be very complicated to make a profit.

  3. #3
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    To do forex trading, first you have to give time for learning. It's a professional work that requires specific knowledge and skills. Once you have necessary skilled, you can do it just by spending one or two hours per day. But for learning you have to put your efforts and dedication. One more thing learning doesn't happen in one or two months. You have to spend good amount of time depending on your level of understanding and other factors. I am trading with Eurotrader where I am following their advanced informational advantages for make myself capable.

  4. #4
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    Traders need to build knowledge to trade. If you can create knowledge, you can make a lot of profit in trading. As a trader, I have to trade with money management and risk management.

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    Knowledge comes with experience while some experiences can be bad too but those who let go off their initial losses eventually become the best traders of the future.

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    in ro ham eslah kon:
    Personally, I think it is good to have both, but if one has knowledge, indeed, one can also accumulate further capital.

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