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To be a successful trader

UweMoench
Jun 30 2021 at 12:05
751 posts
@Akasuki Yes people forget that money comes from skills. But they want to make money without skills and end up doing gambling.
Tradextol
Jul 21 2021 at 06:37
57 posts
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.
Tremblay
Jul 24 2021 at 07:59
330 posts
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.
Yes. Proper knowledge and information help you to make a profit in this market.
Unellene
Sep 12 2021 at 14:03
283 posts
knowledge will decide in any occupation, not only in forex, after all, now is the time when knowledge decides everything
CraigMcG2020
Sep 14 2021 at 06:57
399 posts
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.
ohmaria
Sep 14 2021 at 10:57
10 posts
CraigMcG2020 posted:
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.
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.
BalPaper
Oct 06 2021 at 20:04
16 posts
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.
no_frame
Oct 07 2021 at 09:14
61 posts
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.
skihav
Oct 07 2021 at 13:43
801 posts
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
Oct 07 2021 at 18:10
12 posts
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.
AliForexTalks
Oct 09 2021 at 18:26
94 posts
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.
SteveHanks
Oct 12 2021 at 07:19
536 posts
AliForexTalks posted:
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.
Yes. Very nicely explained.
TroyTheTrader
Oct 12 2021 at 11:04
33 posts
AliForexTalks posted:
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.
Agree to all these pointers buddy, especially the stop loss one. Stop loss really protects us from blowing our accounts.
Unellene
Oct 12 2021 at 12:55
283 posts
in fact, if everyone selects some kind of chips from their experience, then you can collect a lot of them
croisssan
Oct 12 2021 at 13:03
939 posts
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.
UweMoench
Nov 06 2021 at 12:07
751 posts
@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.
GraceGilm
Nov 09 2021 at 14:47
154 posts
perfectly explained, simple and high quality arguments
HeavenLeighGill (HeavLeighGill26)
Nov 16 2021 at 17:05
401 posts
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.
LioDaCap
Nov 17 2021 at 11:25
11 posts
i have a simple and irritating question there is any difference between a successful traders and a professional trader ? its all about the same issue or any major difference between the two.
forextrader777
Nov 17 2021 at 11:41
133 posts
Professional traders are the ones who get paid to trade other people’s money. But successful traders can be professional traders as well as retail traders.
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