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    Thread: What is skill and knowledge? (Part 5)

    1. #51
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      Skill is a special characteristics of a person with which a person can do a specific thing very accurately in forex market the skill is very important and if anyone wants to work better in this market then he must have good skills the knowledge is also very important and the related knowledge of the market is very necessary so try to increase your knowledge and skills


    2. #52
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      Knowledge is the platform for establishing successful business.It is the first step towards making profits.It is the substance which would be transformed into experience through practicing trading, while skill means the followed trading style to achieve success.


    3. #53
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      Collection of good trading knowledge and market analysis we can say it skills because good skill person can never defeat. So increase your trading knowledge and earn good profit.


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      There are some difference between knowledge and skill. When we gain some new information about anything then it is called knowledge. We cannot do our works or job only by knowledge. It will be very good if we have real practical knowledge on that job and then we can do our works or job completely and successfully. So, when we can do any job successfully using our knowledge then it is called the skill. I think, I have done clear it to you.


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      skill and knowledge is very important in any field for success. i think skills are your particular abilies which you get after learning the knowledge. you can improve your skills by getting more and more knowledge and experience. skills are not like that which you can not learn. but to become skillful in any profession complete knowledge of that profession is required. we can also say that skill is knowledge. if you have skills than it means that you have knowledge and if you have knowledge it means that you also have skills.


    6. #56
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      Every single speculator positions for this market place without having expertise to start with therefore we could express the time isn't any drastically successful and also full of failures, however specialists begin to make while using the passage of your energy though they will fully developed due to the fact competent specialists..


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      knowledge is what u already learn, all the info u had and skill is how u execute what u already learned. For example, u learned about to use fibonacci on your trading strategy. So, skill is how u se the fibonacci in your entry, drawing in your chart flawlessly and put an order.


    8. #58
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      Dear forum fellow, I agree with your concept because forex is hard and sensible business. Skills and knowledge is main way to success on this business. If you make a good profit here, avoid all risky and greedy emotions because it is big reasons to loss. So, only trust your skills and knowledge.


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