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To be a successful trader
Member Since Apr 21, 2021
11 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.
Member Since Aug 17, 2021
87 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.
Member Since Mar 17, 2021
494 posts
Oct 12, 2021 at 07:19
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.
Member Since Jun 21, 2021
33 posts
Oct 12, 2021 at 11:04
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.
Member Since Aug 05, 2021
394 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.
Member Since Mar 17, 2021
494 posts
Nov 21, 2021 at 19:15
Jungle78 posted:
Persistence discipline unwavering wotk ethic and positive trading mindset these are key characteristics of successful traders
Yes. You are absolutely right.
Dec 02, 2021 at 15:18
In my opinion, successful traders are those people who know their business. Of course, when you enter trading activity you can't be considered as successful trader even if you have plenty of pluses, the main idea of successful trading is to have success on a long distance. When you have 80% per month to your eposit, then probably you can be considered as successful trader.
Moreover, novices always look at professionals traders and think that they can do the same, nevertheless success comes with experience and only. On their initial stages, novices will lose their money and that is really okay. The market checks traders on durability by such things.
Moreover, novices always look at professionals traders and think that they can do the same, nevertheless success comes with experience and only. On their initial stages, novices will lose their money and that is really okay. The market checks traders on durability by such things.
Member Since Jul 20, 2020
385 posts
Dec 04, 2021 at 16:02
Treeny posted:
Putting the hours in is the key and learning from losses
Really think thats true like so many are not willing to put the hours in and they dont keep a journal to see where they go wrong and repeat mistakes
Dec 05, 2021 at 07:38
Michihito posted:
To be a successful trader, it does not take much of pains. All what you need to do is acquire full knowledge about the economic surroundings. You should think logically about how the news would affect a particular security. A successful trader should know how to control the emotions because the emotion driven decision sometimes creates havoc.To be a successful and efficient trader, you need to start trading by opening demo account as it will help you in testing your strategies. Once you get enough confidence then start with real money.
Trading on fundamental and taking decision on it is never easy. In fact, trading on technical analysis is way easier for retail trader. Yes, you are very right on the note that traders must trade on demo account before start live trading. It is one of the most vital points that every single trader must follow. Learning trading is not painful. However, it needs patience and a trader must devote himself to learn it for a good period of time.
Dec 05, 2021 at 23:31
Every trader has the same opportunity to become a successful trader, but not all trader will be successful trader, but if we take lesson from successful trader, they has good knowledge and also have the courage to work, if trader having mindset will become successful trader, usually they can learn well-compared trader that only chasing profit
Dec 09, 2021 at 06:05
AliaDare posted:
It is possible to make money from Forex but you need proper knowledge and trading education.
Reading books related to forex trading is always beneficial so for this reason I think that any trader who really want to get started in forex market must first of all read alot of trading article this will him the basic knowledge needed for such trader to succeed that easyly without much effort so the first thing first is the knowledge and skills which is needed here for any trader to caried out his trade perfectly
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