Is it a good idea to start forex without full knowledge

[Grant]

No it is not a good idea at all. DO NOT go into anything that requires you to work with money, without first learning all you can about it. Never rush into a money making venture without research, studying and so on. Otherwise you're going to be confused, and will waste more money than anything.

 

[Ofonime6]

No it is not a good idea at all. DO NOT go into anything that requires you to work with money, without first learning all you can about it. Never rush into a money making venture without research, studying and so on. Otherwise you're going to be confused, and will waste more money than anything.

You must be very correct I think anything that have to do with money you really need to be careful dont ever try to invest a dime without having the knowledge and skills to handle the pressure atmostphere that is in it and forex is never an exception

 

[eenya00]

it is not advisable to trade forex with half bake knowledge as it would be counter productive as you would lose all of your investment and am sure of that, because the forex market is complex.

 

[Ofonime6]

I have tried this back then when I started forex trading newly I trade when I see a bannar promising that I can earn upto $5000 in a day I was so skeptical I rush in and gamble to make that money at the end of the day I blown off my account so experience is what that make you earn more

 

[Sincerem]

It will not really help you because you will have a very high chance of losing your money except you are willing to learn from experience from demo trading. Live trading isn't advise when the required knowledge has not been acquired.

 

[Agbalagbaa]

If you don't have the full knowledge of what you are doing on forex trading that's means you are gambling, a lot of people ended up failing because of this same reason.

 

[Immilash]

If you want to start forex trading without having the knowledge that means you are gambling, a lot of people are having this mindset they ended up losing. That's just the truth.

 

[Agbalagbaa]

If you want to start forex trading without having the knowledge that means you are gambling, a lot of people are having this mindset they ended up losing. That's just the truth.

Yes, that's exactly what I want to say, if you don't have the knowledge you'll only be wasting your time and your also be losing a lot of money aswell.

 

[Immilash]

Yes, that's exactly what I want to say, if you don't have the knowledge you'll only be wasting your time and your also be losing a lot of money aswell.

That's true, a lot of people are complaining about forex that it's risky,but they are the ones that don't have the good knowledge on how it works.

 

[Agbalagbaa]

That's true, a lot of people are complaining about forex that it's risky,but they are the ones that don't have the good knowledge on how it works.

Yes, I think that's because they don't know how it works, if you don't know how forex trading works you are not going to like it, that's why a lot of people are complaining about forex trading.

 

[Genie01]

This is absolutely deadly and it would be better to flip your coin in the casino than gambling that way because it would always result in loses. This is pure gambling

 

[Immilash]

Yes, I think that's because they don't know how it works, if you don't know how forex trading works you are not going to like it, that's why a lot of people are complaining about forex trading.

You are right with what you said, if you don't know what forex trading is you are not going to like it, I once hate forex trading but here am I trading the financial market.

 

[Agbalagbaa]

You are right with what you said, if you don't know what forex trading is you are not going to like it, I once hate forex trading but here am I trading the financial market.

That's life, sometimes what we hate is what we do, forex trading Is not something you can learn in a short period of time,it takes time before you can earn money.

 

[Immilash]

That's life, sometimes what we hate is what we do, forex trading Is not something you can learn in a short period of time,it takes time before you can earn money.

It takes a lot of time before you can have the good knowledge of forex trading, but if you are looking for a way to get rich with it I don't really think you can make it.

 

[Agbalagbaa]

It takes a lot of time before you can have the good knowledge of forex trading, but if you are looking for a way to get rich with it I don't really think you can make it.

That's true, just like you said,it takes a lot of time before you can start earning money with forex trading, if you have the good knowledge you can earn a good amount of money with trading.

 

[Genie01]

Stacking up trades without prior knowledge and experience is totally a form of gambling because the decisions would be definitely sponsored by fear and greed.

 

[Immilash]

That's true, just like you said,it takes a lot of time before you can start earning money with forex trading, if you have the good knowledge you can earn a good amount of money with trading.

That's just the truth, it takes a lot of time before you can earn money with Forex trading, but before you can even earn money you need to know the basics.

 

[Imran_Noori]

I have heard of forex from many of my friends and from many people.
They told me forex is a very profitable investment, they even showed me proof of some people making it big.
Now I have started it but not yet finished with the training, so I want to ask can I start trading forex without it full knowledge, why I'm asking this is because I don't want to rush and run into a massive loss. Please enlighten me on what to do

You should do nothing without full knowledge especially investments because you may lose a large amount of money, try to do researches and consult with experts.

 

[Agbalagbaa]

That's just the truth, it takes a lot of time before you can earn money with Forex trading, but before you can even earn money you need to know the basics.

That's true, knowing the basics of forex trading is very important, it will help you to have a good knowledge on a lot of things, as a beginner that's were I'll start.

 

[Immilash]

That's true, knowing the basics of forex trading is very important, it will help you to have a good knowledge on a lot of things, as a beginner that's were I'll start.

That's not a good idea, if you don't have the good knowledge of forex trading you are not expected to invest your money,a lot of people are making this mistake of investing their money without having the knowledge.