Trading is not just about

Dec 27, 2020 at 12:37
551 Views
16 Replies
Member Since Jul 19, 2020   751 posts
Dec 27, 2020 at 12:37
Trading is not just about a good system/strategy. There is lot more things you need to achieved. It needs time, efforts and dedication to achieve those. First you have to accept the fact that trading isn't easy unless you are skilled enough.
Member Since Jul 23, 2020   759 posts
Dec 27, 2020 at 13:27
True. Practice make a ma perfect. Practice until you are skilled enough.
Member Since Jul 19, 2020   788 posts
Dec 28, 2020 at 01:56
To make a consistent profit in trading, you have to have an idea about many things. If these are combined properly, good rewards are possible.
Member Since Jul 20, 2020   298 posts
Dec 28, 2020 at 02:13
You don't have to trade with the mentality of earning money. Of course you need to create a trading strategy with patience.
Member Since Nov 20, 2020   17 posts
Jan 05, 2021 at 08:48
Forex trading is not an easy way of making money. You have to put in a lot of hard work and efforts to make good moves that work for you.
Member Since Jul 27, 2020   81 posts
Jan 05, 2021 at 09:34
Working in Forex is not just a bargain for without any difficulties, here you really need to understand very carefully and master a lot of points.
Member Since Jun 22, 2020   77 posts
Jan 05, 2021 at 12:00
SofieAndreasen posted:
True. Practice make a ma perfect. Practice until you are skilled enough.
Could not agree more.
Practice give you more understanding and getting better in term of skills and knowledge so they are always useful when it comes to life situation and that including forex trading as well.
Member Since Dec 11, 2020   4 posts
Jan 06, 2021 at 06:17
It is not just your trading strategy and plan that helps you make profits, but also how well you can take advantage of the market. It is your skills and knowledge that help you stay in the market for long.
Member Since Dec 31, 2020   16 posts
Jan 06, 2021 at 06:26
Totally. While everyone stresses on the right strategy, its not just about strategy but various other things too that play a role in the success of a trader. Its the psychology, the trading plan, the skill set, the knowledge, practice, experience, everything counts!
Member Since Nov 30, 2020   21 posts
Feb 02, 2021 at 10:43
Yes, it does take a lot of time and efforts to get to know the basics of trading. It requires practice and serious learning.
Member Since Dec 11, 2020   110 posts
Feb 02, 2021 at 12:17
UweMoench posted:
Trading is not just about a good system/strategy. There is lot more things you need to achieved. It needs time, efforts and dedication to achieve those. First you have to accept the fact that trading isn't easy unless you are skilled enough.
Well said.
Member Since Jan 09, 2021   1 posts
Feb 02, 2021 at 13:17
which is better to learn fx , crypto , stock, options , commodities, indices
 
Member Since Jul 23, 2020   869 posts
Jun 05, 2021 at 12:26
Learn and practice can bring success, not anything else.
Member Since Jul 19, 2020   751 posts
Jun 05, 2021 at 12:33
@pirach24 All are good except options. Options trading is nothing but gambling. Choose one that you like the most.
Member Since Jul 27, 2020   81 posts
Jun 28, 2021 at 07:48
It seems to me that trading on the forex market is generally a different direction than gambling, which is why you need to distinguish between these concepts if you want to make money here.
Member Since Aug 05, 2021   401 posts
Jan 10, 2022 at 15:41
There are a lot of factors that go into trading and whether one will be success or not, from discipline, to the broker that's selected, strategy, knowledge, and so on.
Member Since Nov 06, 2018   83 posts
Jan 11, 2022 at 13:45
UweMoench posted:
Trading is not just about a good system/strategy. There is lot more things you need to achieved. It needs time, efforts and dedication to achieve those. First you have to accept the fact that trading isn't easy unless you are skilled enough.
Psychology is one of the biggest aspects of trading.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.