Of course it is possible, but you should learn Forex on the basis of your knowledge and gain practical experience of friction in the market, that you take advice from any person an expert in Forex is also useful in the increase of experience.
We can learn by our own itself. If you consult with others, then you failed to think on your own on how to create a strategy. In my point of view, just trade alone and learn via this forum and by the platform.
Sound’s good. But I am sorry for disagree with you. Someone tips and advice are may be good for basic knowledge, but becoming a successful or professional trader you must need practical experience with proper money management knowledge.
So, you can become a successful forex trader.
Just to increase the reach of its feedback on the forex demo account may work during a period of one year only. Demonstration going to help you for learning forex.
As well time management and money in the Forex is one of the principles which can bring you success.
Someone else can gives you tips and experience to trade in forex but the best thing that you have to do to become a professional trader is to do your own effort so that you can learn how forex works,so the best way to do that is start with the demo.
Just need to know your opinion about the point that is it possible to become successful trader follwoing soneone else's advices/tips and not anlaysing by yourself?
sometimes when i do analysis by myself i keep refer to ohers analysis too so that my confidence level will increase...for me both of them is important, it helps you to increase your confidence level to enter market...
To be a successful trader one must be tutored by a successful forex trader who knows his onions and has been consistent over a long period of time. Yes to be a successful trader needs good mentoring though some people may differ.
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