Do I know the following items before starting to trade?

Beginner Questions
1

Do I know the following items before starting to trade?

  1. What are Forex terms?
  2. What is technical and fundamental analysis?
  3. What is a portfolio? How is the portfolio strategy designed?
  4. As a trader, with what attitude do I trade? Conservative, bold, or moderate?

Knowing the mentioned items is very useful and effective for making a profit. I recommend that we have enough knowledge before entering the market. What else do you think we should know?

2

It seems to me that many new traders have successfully learned a lot about US economic statistics, technical indicators and head-and-shoulders reversal patterns.

But they still don’t understands what “%” means.

3

A detached mindset is all you need.

4

Another important thing which a trader need to keep a track of is the market movement, market news and major data released .

5

mindset is everything in trading life as well as real life.

6

Even I agree to this. Sound mindset is very important in forex trading.