@Akasuki Yes people forget that money comes from skills. But they want to make money without skills and end up doing gambling.
If you want to be a successful trader, try to gain every information about trading. Prepare your mind for all the situations that can happen in the trading market and know the fact that with profits, you might have losses too.
Tradextol posted:Yes. Proper knowledge and information help you to make a profit in this market.
If you want to be a successful trader, try to gain every information about trading. Prepare your mind for all the situations that can happen in the trading market and know the fact that with profits, you might have losses too.
knowledge will decide in any occupation, not only in forex, after all, now is the time when knowledge decides everything
CraigMcG2020
Member Since Jul 20, 2020
399 posts
Sep 14 2021 at 06:57
Tradextol posted:
If you want to be a successful trader, try to gain every information about trading. Prepare your mind for all the situations that can happen in the trading market and know the fact that with profits, you might have losses too.
Also prepare to be beaten up and down and up and happy and all the emotions rolled into one. Once you experience them you will be able to cope with them and thus become objective.
CraigMcG2020 posted:So true. In fact, you cannot expect to be stay the profiting run, you will have to deal with some losses and some winning, but at the end of time, you will be gaining an experience and you will be glad that you were there to experience it.Tradextol posted:
If you want to be a successful trader, try to gain every information about trading. Prepare your mind for all the situations that can happen in the trading market and know the fact that with profits, you might have losses too.
Also prepare to be beaten up and down and up and happy and all the emotions rolled into one. Once you experience them you will be able to cope with them and thus become objective.
I don't know how about pains, I think that it is an individual thing. Learning how to trade presupposes the work on your personality. Some people are mentally suitable for tradin, they are okay with the psychological pressure, their mindset is appropriate and they usually make sensible decisions. However, some people need to do serious work on their personalities and they need to change their perception of what makes the decisions good and bad.
I believe that to be a successful trader, you should better focus on how the forex market works, improve and learn from the mistakes and should never overtrade in the greed of making maximum profits.
To be a successful trader, you need to work on it for a long time. Otherwise, the result may not be the most positive.
Dimitar001
Member Since Apr 21, 2021
12 posts
Oct 07 2021 at 18:10
Nice topic, you know. What make you the successful?
I think it would 3 things.
1. Knowledges.
2. Faith.
3. Money.
Without knowledges you'll burst quickly. Withouot faith you'll not be sure of yourown success. Without investing money in your own acc you'll not earn more.
I think it would 3 things.
1. Knowledges.
2. Faith.
3. Money.
Without knowledges you'll burst quickly. Withouot faith you'll not be sure of yourown success. Without investing money in your own acc you'll not earn more.
AliForexTalks
Member Since Aug 17, 2021
94 posts
Oct 09 2021 at 18:26
Always Use a Trading Plan.
2: Treat Trading Like a Business.
3: Use Technology.
4: Protect Your Trading Capital.
5: Study the Markets.
6: Risk Only What You Can Afford.
7: Develop a Trading Methodology.
8: Always Use a Stop Loss.
2: Treat Trading Like a Business.
3: Use Technology.
4: Protect Your Trading Capital.
5: Study the Markets.
6: Risk Only What You Can Afford.
7: Develop a Trading Methodology.
8: Always Use a Stop Loss.
SteveHanks
Member Since Mar 17, 2021
536 posts
Oct 12 2021 at 07:19
AliForexTalks posted:Yes. Very nicely explained.
Always Use a Trading Plan.
2: Treat Trading Like a Business.
3: Use Technology.
4: Protect Your Trading Capital.
5: Study the Markets.
6: Risk Only What You Can Afford.
7: Develop a Trading Methodology.
8: Always Use a Stop Loss.
TroyTheTrader
Member Since Jun 21, 2021
33 posts
Oct 12 2021 at 11:04
AliForexTalks posted:Agree to all these pointers buddy, especially the stop loss one. Stop loss really protects us from blowing our accounts.
Always Use a Trading Plan.
2: Treat Trading Like a Business.
3: Use Technology.
4: Protect Your Trading Capital.
5: Study the Markets.
6: Risk Only What You Can Afford.
7: Develop a Trading Methodology.
8: Always Use a Stop Loss.
in fact, if everyone selects some kind of chips from their experience, then you can collect a lot of them
Unfortunately, this is not nearly as easy as it might seem at first glance. You should immediately understand that the profession of a trader is quite demanding, and it will be quite difficult to work.
@croisssan Yes good trader has huge demand but it's not easy to be a good successful trader. It takes a lot of time and dedication to learn the art of trading.
perfectly explained, simple and high quality arguments
HeavenLeighGill
(HeavLeighGill26)
Member Since Aug 05, 2021
401 posts
Nov 16 2021 at 17:05
I think you explained it simply and that's a good thing, but people do need to realize that it isn't as easy as 1,2,3. It does take a lot of work, often more than people realize but the reward is worth it in the end.