Do It Yourself
A Chinese quote about live trade of the old-time says, “Tell me and I’m going to forget; show me and I may remember; imply me and I’d understand,” once Aristotle said, “This must be done because you don’t have confidence before you try, even though you believe you know it”
The time tested Chinese Quote and the following Quote by the genius stresses the importance of self-involvement in the process of learning. Seeing video tutorials, hearing from friends or experts and reading books are advisable but doing it yourself is matchless and is the right way to learn anything.
Trading in the forex markets is no different. We think these quotes are suitable more than anything for the forex trade.
Let’s recall your very first Forex trade
First, you learned about the bulls and the bears, and then you learned how to read the charts. You read trading eBooks, attended webinars and felt you are now ready to make big money. You did the preparation and thought you knew how to trade. You never had a live company before, of course. You always THOUGHT that can be. So you took that first trade, buying with expectancy, and before you could step away from your computer… yep, the market went south.
Was that with real money or on a demo account? How much did you risk and did you place a stop loss?
Importance of live trade
The TTM team believes in the “Trading by Doing” slogan. They have built a winning model for traders that really change their lives. They teach people every day how to raise their earnings by exchanging live exchange.
They are specialists in explaining trading techniques and allow you to follow them by actually trading in the markets by yourself. You could get the on-hands experience and could grasp the nuances of trading strategy.
When you really think about it the “Trade by doing” mantra makes a lot of sense. It is how we get proficient at the things we are really good at. It is absolutely impossible for any person to learn swimming by reading manuals and by getting instructions from others. One should be ready to plunge into the water to learn swimming. Don’t panic. We are always here to guide you and we will never let you down.
At Plain Forex Trading, you get the opportunity to practice your trading using the tested and proven trading tools and methodologies, backed up by daily trading signals and reliable customer support. By the meticulously designed trading activities, each trader could develop meaningful and applicable trading craftsmanship. Through constant practice, you are able to develop confidence which is an essential attribute for all traders.
We trade because we want to make money. You will make consistent trading income if you exercise discipline and robust application of trading methodologies, when you “trade by doing”.
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