How many years do need to study forex

[najaf12345]

in forex trading you need to read or study daily . bc u have to read or analyze the chart daily

 

[Akwin]

Since there are no shortcuts to learn forex, some of the professionals say that to have complete knowledge about trading it will take 2-10 years to know how to have results periodically and get well versed in risk management. Because risk management is the most important one to be managed well in trading.

 

[eddz]

in forex trading you need to read or study daily . bc u have to read or analyze the chart daily

Yaaa very true

 

[spike]

It doesn’t depend on the years.
It depends on the hours you complete as a live trader.
Someone trade twice a week, other one 14 hours a day.
Roughly speaking, you need at least 15 thousand hours to become a professional trader.

 

[karim007]

t all depends not on time, but on you, everything comes with experience

 

[mangial]

I don't think its about the years but its about who you're learning from and how you're taking advantage of the knowledge you get in order to form your own strategies try them fail and fail and fail until you eventually find the "perfect" strategy which doesn't exist. but maybe you can get close to that "perfect one"

 

[3.I.O]

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[tumi the great]

You need to set rules for yourself and stick to them... consistent is what matter and what brings profit not just trading blindly. Set rules based on your studies and you will be okay. You can get the belly system indicator to assist you in your trading career. All the best!

and there is always something new in the forex game so u never stop studying

 

[gianfranco]

It depends on the person who is learning forex trading, but on average, it takes about one year until you can start earning from forex trading.

 

[midgi]

It depends on what you are studying. If you study support and resistance and what most people study, it will take you a lot longer but if you study Market Structure and Price action. It would be a lot faster.

hello, please do you have any suggestions on materials for market structure and price action.

 

[midgi]

i feel it depends on your will to achieve success at it, Life gives you what you put in.

 

[slusshy]

About 2 years but want to lean it all, has anyone tried crypto trading?

 

[Frank Rogers]

The forex market is volatile and a lot of factors influence the price movement. You can understand its fundamentals in a matter of weeks. However, you have to constantly analyse the market and stay with the global events to make profits.

 

[shortham]

It depends on person to person. Getting basic education about the forex market is a matter of a few weeks. However, attaining perfection takes years of practice and hard work. It should be well remembered that learning is a never ending process. If you want to get better at trading and want to achieve long term success, you must make learning your constant compatriot.

 

[Herrella]

As long as you are trading. You can clear forex basics in a matter of days. However, it takes time to sharpen your analysis and develop consistency. Make sure you’re learning from your trades. Regularly test your strategies and try to learn best from your trades.

 

[horgen]

Learning trading is a continuous process. If you are talking about learning its basics, then it doesn’t take much time. However, developing your analysis, creating your own strategies, and controlling emotions comes with time. For that you need to continuously backtest and learn from your trades.

 

[rafirpmc]

nice share. Trying to learn a lot on it. Hope it will suit me

 

[Forex Identity]

Main reason why traders take so long, is cause they are studying retail trading likd support, channels, ema’s, etc. The market is controlled by banks ( market makers ). To profit in the markets, you need to learn how to trade with them. It is what makes me profitable and will help you as well

 

[AayushiShah]

There is no limit to how much you may study about forex. If you want to succeed in the Forex market, you must learn something new every day. You learn something new every time you encounter a new situation.

Books, magazines, and articles can teach you new things. There are numerous Forex-related courses available on the internet. YouTube has a lot of videos that you can watch.

The most crucial aspect is to develop your plan. Make an effort to come up with novel solutions. This is going to take a long time. However, every minute is valuable.

After you've learned, try out your tactics on a practice account. This will assist you in determining whether or not your strategies are effective.

Again, this will be a lengthy process. 2 months, 3 months, or even longer is not uncommon. Some traders may be able to trade in less time. It all depends on how strong your foundation is. Everything will be simple to comprehend if you understand the fundamentals.

Do not believe that you are squandering your time. This is where you put your money. Learning the fundamentals, developing techniques, trading on a demo account, and keeping a trading log are all actions that will help you become a better trader.

 

[marco.mcx1]

For me, its been 2 years and I keep learning something new man it never ends so just take it easy consistency is key this is not a get rich quick scheme