as a newcomer , 5-6 months to trade in a demo account of course its an difficult task , i recommend just 2-3 months , because its sustainable.
Hi @TomCooper
You mean to say all newcomers will expert in forex with in 3 months ?
And in a day how much time to read about forex 1 - 2 hours … ?
it completely depends on trading situations and knowledge.
You really ought to make your mind up, Tom
[quote=“TomCooper, post:121, topic:115871”]
minimum 1 year have to pass in demo if anyone want to get good knowledge and experience from here[/quote]
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Wow. What a crock this thread is. Only one correct answer as above.
It doesn’t take months or years to learn how to speculate. I can teach you in a minute.
You believe currency A will appreciate against currency B. So you go long.
If you believe it will depreciate you go short
Here endth the lesson. All you need to do now is master your belief.
So, how come it took you years?
Nobody’s asking how long it takes to learn to speculate, the question is how long does it take to learn Forex.
Calm down old man. I’m still trying to master my own beliefs.
As for forex. Don’t particularly care why or how the market exist. As long as it exist, you and I can operate. Don’t need to understand it to speculate. Price goes up. Price goes down. It will never come around for a cup of tea or a game of quarts. We’re not going on a date and I’m certainly not buying a house with it.
I bet at home. I use my own funds. There are no rules for which I must follow.
Here endth the lesson.
Cheeky sod! I’m not the one quoting ancient, biblical text (btw, its spelt ‘endeth’ 
What is a game of quarts, not come across that before?
Quarts is a drinking game where you bounce America quarters of a table into a alcoholic beverage forcing someone else to drink the beverage. Probably know under many other names. Probably many other coin types used.
Game I used to love as a young’n. Not so much now I’m too an old man.
Forex is essentially forever learning but you can master the basics of trading in a few weeks and build upon that by continually practicing on a demo account, reading, and partaking in any trading educational opportunities you can find
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Forex market is a vast field and its knowledge is as deep as an ocean. You can not fully command on it even after several years of learning. You need to gain adequate knowledge time by time in order to win atleast 60% of your trades with the risk to reward ratio of 1:3.
High profit takers can not say now they had full command on forex they should not learn any more. Learning is a continuous process. I feel every loss gives you a lesson to learn how to lessen risk in trading . When you try to solve your problems and weakness you know new things to adop in trading.
I agree with you. Newbie traders nowadays think a little knowledge about trading is enough and often disregard Ebooks and video tutorials. Zero education translates to 100% failure.
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It takes years, in my opinion. It’s like getting another college or university degree.
You can’t expect to become successful in forex trading with only 3-4 months education. It takes years of education and experience to be a success. Just be patient and determined. I am sure you will be very successful in trading.
Yes, it takes time. But the sad thing is most newbie thinks three to six months demo trading will do the tricks. And when they realize it’s too late for some traders. Trading is a skilled based job. You can’t do it without being skilled.
Forex education should be the first priority of each one of us it doesn’t matter how long it may take once we got a basic knowledge of Forex trading it will be easy for us to determine the entry and exit point from risky Forex market. At least three to six month should be spent in a demo account to learn the basics of Forex trading that will help us in the real account for better trading results.
How long it takes to learn to trade should be assessed in number of trades, not hours or days or months, until consistently profitable.
That said, a basic but comprehensive strategy could be learned and understood in maximum 8 hours before placing any trades. If it can’t be understood in that time, its too dangerous to trade.
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Why eight hours exactly?
Just a personally familiar training / working period. For some people with some strategies, maybe 2 hours or 4 hours would be enough, but if a strategy takes longer than a day to understand, rule of thumb, its unworkable.
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