I think every successful trader has his own way of making money. It's unique. Problem arises when we try to copy others. Or try to impose my strategy on others. Trading is a psychological game. Everyone has his own type of understanding and thinking. That's why 90% traders are loser.
Plan your trade and trade your plan.
"The more I learn, the more I learn that I have a lot more to learn".
UweMoench posted:
I think every successful trader has his own way of making money. It's unique. Problem arises when we try to copy others. Or try to impose my strategy on others. Trading is a psychological game. Everyone has his own type of understanding and thinking. That's why 90% traders are loser.
well said!
It is very important to have confidence in yourself. Every trader has his system and he can make a profit by maintaining the system.
Everyone has the opportunity to achieve some success, it just depends on how willing you are to work and how much effort you put into it.
Dec 15 2020 at 11:49
Yes, planning your own trades is a very good way to go about it in forex. Setting a goal and doing everything to achieve it keeps people motivated.
Of course, you need to be able to plan transactions, you also need to be able to manage your capital, but you also need to always have a trading plan.
May 08 2021 at 16:10
Patience, hard work, discipline are involved in the story of every successful trader. So, focus on those virtues.
The thing that makes a difference between a new trader and champ trader is feelings. A trader can loss with finest strategy since they don't trade with washed experience as opposed to they trade with psychological urge. With no control over your feelings you can not make dependable profit in trading.
May 11 2021 at 08:51
successful trader is a trader who always can predict the real faction of this market with certainly , its a very good skill and need a long time experience with good trading plan.
Only the personal depends on us, whether we can become successful or not, and the market gives us the opportunity
Make your own plan and trade according to it.
May 12 2021 at 11:12
Dictiony posted:
Make your own plan and trade according to it.
Good idea if the trade plan is a good one but if it is a bad one you are just digging a hole for yourself
May 12 2021 at 12:17
a successful trader learns from his mistake and wants to grow in any situation.
May 12 2021 at 23:29
Successful traders do not trade without a plan and discipline. They refrain from copy trading. Trade according to your strategy.
May 14 2021 at 10:11
Successful traders are those that have had proper training in a bank etc. everyone else is just guessing
May 19 2021 at 11:09
success is a big deal in this market place because most of the traders who are particularly beginners always become a loser . so be careful guys when trading into this . good luck
May 20 2021 at 01:17
Adribaasmet posted:
success is a big deal in this market place because most of the traders who are particularly beginners always become a loser . so be careful guys when trading into this . good luck
Yes, you are right. Successful trading requires education. At the same time, discipline and patience are needed.
UweMoench posted:
I think every successful trader has his own way of making money. It's unique. Problem arises when we try to copy others. Or try to impose my strategy on others. Trading is a psychological game. Everyone has his own type of understanding and thinking. That's why 90% traders are loser.
Yes you can not copy others trading strategy plan and win, make your own trading plan and then trade.
Yes and every trader tries to work on their system and develop a strategy that works in accordance to their trading plan. It can be difficult for newbies to succeed without copy trading in my opinion and that’s one reason they start with it before developing their own style.
