Why skilling is necessary?
Originally posted by FXlordBy practicing regularly and seriously a realistic and systematic trading, the trader refines its strategy and is steadily increasing its capital. The novice trader must make a distinction between professional trading, or full-time and part-time trading.
A novice trader needs to trade part time initially and gain some knowledge and experience and his trading will improve with time and also will his skills and he would then go ahead and become a better and a professional trader.
Forex is far harder than a strategy game, because there is no option to reset or reload from a different time point. If you take a loss, thats a loss for ever. You can limit this by trading on demo or backtesting, but inevitably you will take losses, and whereas in any other game you can start over, you cannot in forex.
This business is really very complicated and we all know that here anything can be happen and we need our skill and knowledge to face this challenge and make a good amount of profit through here forex trading.
Skill is the main thing and we can grab this thing by doing practicing in demo account and also learn by many forex forum like this.
Skilling is necessry in every thing because you can do a thing at its best only when you know how to do it,.