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[Razor1911]

The forex business is a professional businees. Here you need more knowledge and experience. Moreover this, you will need discipline and dedication. All of these things are not for all. Not everyone has the quality to be able to trade and become successful.

So, my doubt is do we need any formal qualification to be able to trade in the market. Like qualification in Financial market or something else. Because I have seen many trader who are even earning without any formal education on the subject.

 

[Chimerac]

i have an idea concerning trading on forex and cryptos, and I am not an expert. On the other hand I need an developer to talk about the idea. Does anyone know any contact? Been searching everywhere on the internet with no luck =/

 

[Razor1911]

i have an idea concerning trading on forex and cryptos, and I am not an expert. On the other hand I need an developer to talk about the idea. Does anyone know any contact? Been searching everywhere on the internet with no luck =/

You can ask here. Here are many traderd in this forum, who can help you. Please elaboratr your query and we will try to solve it to the best of your capacity. ?

 

[Chimerac]

I have an idea of a smart-contract / token which can earn over others. I have a method to earn money over cryptos, I have been doing and earned 40% of profit this month even in this shitstorm month, but need a developer so that this method can be transformed in a smart-contract / token to potentialize the profits.

 

[Chimerac]

Do you have a mail in which we could talk? I can explain you the idea if you help me find the developer.

 

[Noobfxking]

Not necessarily, but if you have education in the relatable field then it will definitely help you to learn things quickly. Normally it takes traders to understand the jargon of forex trading near about a year or more depending upon individuals understanding and learning capabilities.

 

[achawaskey]

There is no specific qualification to be able to trade in forex, but there are basic knowledge you need to have, such ability to do simple arithmetic and ability to read.

 

[Razor1911]

I have an idea of a smart-contract / token which can earn over others. I have a method to earn money over cryptos, I have been doing and earned 40% of profit this month even in this shitstorm month, but need a developer so that this method can be transformed in a smart-contract / token to potentialize the profits.

Surely you can contact me to my email adress [email protected]

But talking about the forex trading, it's slightly different from crypto market. I am trading in forex for almost 7 years now, but been trading in from last 6 months only. I would certainly help to cleear your doubts.

 

[a_jerobon]

Forex trading does not require any formal certification but it surely needs good skills and experience. That you can learn online or offline and keep practicing till you master the art of forex trading.

 

[Skysaint]

I too don't think trading in forex do require any formal qualifications, all it needs is go skills and experience gained through practice. I don't think there is any certificates required of you to trade in forex

 

[Skysaint]

Indeed, forex trading does not have any formal qualifications like any other job or business. But this should not be taken lightly, because if we do not trade properly, we can easily experience large losses

Yeah, we actually need to trade properly. That's where the need for experience and skills comes in and not any kind of formal qualifications

 

[Razor1911]

Yeah, we actually need to trade properly. That's where the need for experience and skills comes in and not any kind of formal qualifications

Yeah, but the knowledge is what you can gain first hand, but the experience will only come with time. So if you want to gain experience, you need to spend time with your knowledge.

 

[Emmanuel24]

I don't think there is need of formal qualifications in forex trading. All you need is to have knowledge about it by doing research always and seek from experience traders. As far as you've money, you're eligible to go for forex trading.

 

[Skysaint]

Yeah, but the knowledge is what you can gain first hand, but the experience will only come with time. So if you want to gain experience, you need to spend time with your knowledge.

Yeah, I for one am still learning about the theoritical aspect of the trade for months now then I will try to implement it when am fully into the trading business.

 

[Wisdom01]

No qualifications is needed that's why people are more interested in it ,the only thing is that if you don't want to be a loser in the market you must know how to trade properly

 

[Acrosin]

Nah. Trading requires knowledge and expertise and with time, they can be accomplished. I have not seen any school that offers trading as a course. So no formal education is required to become a successful trader.

 

[Wisdom01]

Nah. Trading requires knowledge and expertise and with time, they can be accomplished. I have not seen any school that offers trading as a course. So no formal education is required to become a successful trader.

Even if it's offered as a course in school , it's still open without any qualifications and others ,the forex market is available for anyone to trade and make money too

 

[Skysaint]

Nah. Trading requires knowledge and expertise and with time, they can be accomplished. I have not seen any school that offers trading as a course. So no formal education is required to become a successful trader.

Yeah, I do agree with your point. No sorts of formal qualifications are required or the need to present a particular certificate for you to be accepted to trade. Trading are for all who wish and are knowledgeable about it.

 

[Jack / 47 F1]

i dont think you need any school or university qualifications to be successful trading forex. but what you really need is - discipline, patience & really good money management. you also really need to control your emotions, keep a cool head at all times. trade what your chart is telling you. dont trade what you think you see. there are now many really good indicators & telegram groups that help traders to become successful. BUT, there are also many crappy indicators, scam telegram groups, scam gurus, etc.

always demo trade before going live, is probably the best advice. and use a good profit / lose calculator. only rick 2 - 5% on each trade.

 

[Wisdom01]

Trading in Forex doesn't require any formal qualifications. The most important thing is your intelligent quotient and high level of technicality, because when you run at a loss in Forex trading, you only have yourself to blame because even though you blame the market, there's nothing that can be done that is why, I understand that as a skilled trader, I should be critical in ascertaining when to pause! I need to be highly skilled, sound and critical in Forex trading or cryptocurrency trading. I should employ the services of a highly versatile and skilled experts to guide you in its technicalities. Apart from that, I don't see its possibility because I may likely to run at a loss at any slightest blink. Forex trading isn't a guarantee for success or failure either.

The situation which may require formal education is actually just to read the meaning of those short terms like indicators ,fomo ,etc and it's very simple to know ,why others actually require less of formal education ,since you just study the chart and invest to earn proper gains from the market the way you want