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Author Topic: Knowledge, experience or skill.  (Read 989 times)

Offline indicator

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Knowledge, experience or skill.
« on: October 04, 2016, 05:01:53 AM »
What is the most important thing for a trader? Is it knowledge, experience or skill?

Offline Neurotic

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Re: Knowledge, experience or skill.
« Reply #1 on: October 04, 2016, 06:14:49 AM »
You need to understand that they all are important, as our body cannot function properly without our heart, brain and Kidney, like wise a Trader needs Knowledge, Experience and Skills to become successful in Forex Trading.

Offline resistance

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Re: Knowledge, experience or skill.
« Reply #2 on: October 04, 2016, 02:50:41 PM »
Yes about knowledge, experience and skill is important as key success in forex trading activity, and experience will obtained with practice, while skill will obtained with learning, which here learn from mistake and also learn from various source like as from guidelines from expert trader

Offline diamond

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Re: Knowledge, experience or skill.
« Reply #3 on: October 19, 2016, 04:56:51 PM »

All are necessary in forex trading, first you have to gain knowledge so that you can implement it on a demo  or live account to gain experience. When you get experienced you aim for skills to further improve your trading.

Offline drunkfx

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Re: Knowledge, experience or skill.
« Reply #4 on: October 19, 2016, 10:08:15 PM »
Knowledge and skills come from experience so trade and don't be afraid to accept the challenges that market casts to you.

Offline Confrontation Girl

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Re: Knowledge, experience or skill.
« Reply #5 on: October 20, 2016, 04:42:47 AM »
In my opinion, all this three are needed to be successful as a trader. Experience gains knowledge and skills in trader, so keep learning.

Offline iMusingKiMi

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Re: Knowledge, experience or skill.
« Reply #6 on: October 20, 2016, 05:49:30 AM »
Lagged either one of those, you are out.

Offline Eliza Abrams

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Re: Knowledge, experience or skill.
« Reply #7 on: October 20, 2016, 10:52:32 AM »
One should have all three, in my experience. I couldn't say which is most important, they all are.

Offline Forex Verified

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Re: Knowledge, experience or skill.
« Reply #8 on: October 20, 2016, 01:57:53 PM »
Quote from: indicator link=msg=358006 date=1475553713

What is the most important thing for a trader? Is it knowledge, experience or skill?

To make money.
If it's not verified, don't buy it - www.forexverified.com

Offline resistance

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Re: Knowledge, experience or skill.
« Reply #9 on: October 20, 2016, 01:59:53 PM »
Quote from: Eliza Abrams date=1476957152 link=msg=358377

One should have all three, in my experience. I couldn't say which is most important, they all are.


Yes i think you right, all three point is important to making any trader being success, knowledge without experience like as the tree without fruity, experience without skill is like as climb on mountain without preparation

Offline hybrid

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Re: Knowledge, experience or skill.
« Reply #10 on: October 20, 2016, 02:02:47 PM »
Many things involve when we want to earn money with forex knowledge  experience and skill are inter related with each other they work in a sequence. after getting one does practice for experience and experience make him a skilled trader.

Offline AndreiA

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Re: Knowledge, experience or skill.
« Reply #11 on: October 25, 2016, 07:02:23 PM »
Three-in-one))) Better just a little than just one something

Offline iMusingKiMi

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Re: Knowledge, experience or skill.
« Reply #12 on: October 27, 2016, 08:31:53 AM »
Persistent should be the next because human nature born to be right, and you can always go wrong in trading.

Offline Paul.Trafford

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Re: Knowledge, experience or skill.
« Reply #13 on: October 28, 2016, 02:49:57 PM »
Knowledge, experience or skill I would say all of them + self control and the ability to recover ( What I mean by recover sometimes market will make moves that you do not expect for example during some important news release that were not expected like the bombing in France. When you lose money in cases like that where you do not have any control over this, you simply must stay focused and recover your mind set fast!

Offline diamond

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Re: Knowledge, experience or skill.
« Reply #14 on: November 01, 2016, 03:41:44 PM »

Experience is the most important thing but for getting experienced you need the knowledge of that particular business you are trying to do. So first get knowledge, then you get experienced and finally you will get the skills needed to master that business thoroughly.

 

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