How Much Knowledge Do We Need?

#1
I know that knowledge is such an integral part of becoming a successful trader. But how much knowledge do we need? IS basic knowledge about forex literature already enough? Is knowledge from demo practice will do? Or both sources of knowledge is important? give me your opinions so that we can enlighten the beginners.
 
#2
The amount of knowledge needed varies by individual and trading style, but a solid foundation in market principles, technical and fundamental analysis, risk management, and trading psychology is essential. Continuous learning and adaptation to market changes are vital for long-term success in trading.
 

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