A good trader is a person that thinks before making any decision related to their trades in the market no matter how favorable the maker may seem. ti sia la bout them and they make sure that hey do what they want to do and not what another person tells them to do or suggests. A good trader has a plan and sticks to it.
A good trader is that trader that is always in the know do what the market state is. If you can understand the market then you can trade better. It makes it easier for you to predict a live trade and you do not nee do worry bout a lot of things, It doesn't always work for everyone but it is worth trying.
In simple mean good trader is they already able to make profit regularly in forex trading, although not always make a profit, but in fact, they can make a good profit on last period of time, maybe trader get loss but overall trading still higher gainer than loss trades
I feel that a good trader and a consistent trader are synonims. If a trader can make at least 3% every month and this level is preserved during some more or less long period of time. Surely, every trader can have good or bad days in their career, but a good trader is a person who can predict how much profit they can make in a certain period of time. This indicator makes it clear that a person knows what to do on the market and they are right in most of the cases or they can manage their budget in such a way that even if they are wrong in 70% of cases, they can still make the profits. It goes without saying that I am talking about real money trading. I anticipated how many newbies can claim that they are consistent at their demo trading, but it is totally different from the real trading.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.