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Need help for be a good trader

Mar 05, 2018 at 07:20
4,359 Views
114 Replies
Member Since Aug 09, 2017   785 posts
Sep 23, 2019 at 08:35
Actually how much we can earn our trading it depends on the markets movements. It’s not countable at all by our trading accounts. I was profitable when I started my live trading with 1K. but I did huge loss when I increased my balance in 2.5K but there was same strategies with same money management.
Member Since May 31, 2019   12 posts
Sep 23, 2019 at 11:33
Imamul posted:
Actually how much we can earn our trading it depends on the markets movements. It’s not countable at all by our trading accounts. I was profitable when I started my live trading with 1K. but I did huge loss when I increased my balance in 2.5K but there was same strategies with same money management.
Agree! profit depends on the market movemnts, if market is highly volatile then chaces of making money becomes higher (but never forget the risk as well which comes with high volatility).
And needless to say poor money management can destroy you.
Member Since Jun 17, 2018   1 posts
Sep 23, 2019 at 14:08
If I were you, I would save myself a lot of time and look up 'ICT xmas', and really subscribe to his channel. Everything any 'Guru' is going to teach you is BS. %90 of traders lose money. Coincidentally, %90 learn the same thing. So learn about market makers, learn about order blocks, and market manipulation and how it works. Then youll find yourself not like the rest.(Well, after you get money management down.) Ive been trading for years and im just realizing the true issue. Indicators don't work, its only price action you should care about. If indicators did work, wouldn't everyone be making money? Just look into it.
Member Since Aug 05, 2017   289 posts
Sep 23, 2019 at 15:08
Nasiir83 posted:
If I were you, I would save myself a lot of time and look up 'ICT xmas', and really subscribe to his channel. Everything any 'Guru' is going to teach you is BS. %90 of traders lose money. Coincidentally, %90 learn the same thing. So learn about market makers, learn about order blocks, and market manipulation and how it works. Then youll find yourself not like the rest.(Well, after you get money management down.) Ive been trading for years and im just realizing the true issue. Indicators don't work, its only price action you should care about. If indicators did work, wouldn't everyone be making money? Just look into it.

I will check out this channel, thanks.
Member Since Aug 05, 2019   50 posts
Oct 05, 2019 at 06:29
Slow start and steady. Also don’t let emotion get in the way of your plan for successful trading.
Member Since Oct 05, 2019   37 posts
Oct 19, 2019 at 07:37
jaredtaylor posted:
Slow start and steady. Also don’t let emotion get in the way of your plan for successful trading.

Yeah! And also don’t put all your money in trading or for what that matter don’t invest more than you can afford to lose.
Member Since Dec 09, 2016   49 posts
Oct 19, 2019 at 08:53
I read all these advice in many forum topics addressed to beginners or traders who`s not profitable, and its easy to see that most ppl on this site just simply ignore Fundamental analysis!! I`m really curious why that is?
Do you guys think fundamental analysis is so insignificant that most of the time it`s not even worth mentioning it?
Bcoz how I see it, the price mostly moves based on the fundamentals, so I think it is really something that everyone should get into a little bit at least.

So if you wanna be a good trader, i strongly advise you to get into and start reading about it, and in time you won`t just see the charts and think ''hmm, the price went up, but i have no clue why'', you will actually understand the reasons behind price moves and you`re confidence will grow significantly in your trading.
JapaneseGroupFx
forex_trader_1153031
Member Since Feb 28, 2020   77 posts
Apr 02, 2020 at 08:33
The journey to being a good trader is akin to being a ship captain, you must solely focus on it
Member Since Jun 22, 2015   84 posts
Apr 04, 2020 at 23:52
Having a good startegy is the most important part
Member Since Sep 22, 2019   24 posts
Apr 13, 2020 at 19:51
You are in the right correct hands my dear and I am more than sure that we really can help you with that if there will be a need for such, are you able to put out some things on it or not? do you set some money aside for that matter or not?
Member Since Oct 19, 2019   38 posts
Apr 14, 2020 at 07:27
Gabor33 posted:
I read all these advice in many forum topics addressed to beginners or traders who`s not profitable, and its easy to see that most ppl on this site just simply ignore Fundamental analysis!! I`m really curious why that is?
Do you guys think fundamental analysis is so insignificant that most of the time it`s not even worth mentioning it?
Bcoz how I see it, the price mostly moves based on the fundamentals, so I think it is really something that everyone should get into a little bit at least.

So if you wanna be a good trader, i strongly advise you to get into and start reading about it, and in time you won`t just see the charts and think ''hmm, the price went up, but i have no clue why'', you will actually understand the reasons behind price moves and you`re confidence will grow significantly in your trading.

Well i would agree with you, the importance of neither fundamental nor technical analysis can be underestimated. Both are important and must be taken together than focusing on one alone.
Member Since Apr 04, 2020   38 posts
Apr 14, 2020 at 20:06
If you want to be a good trader then first you need to know trading rules.
Because without knowledge you can not be a good teader. You need connect a good broker. Trading is a very risky business but if you know the perfect using of forex trading then you can also make money with trading.

Thank you
@mdsh7864
Member Since Dec 14, 2019   22 posts
Apr 18, 2020 at 15:26
IT's not working like that, sorry, you really need to improve something in yourself to be that cool anyway. Thanks for reminding me about anything else entirely and clearly. I do want to get it better absolutely. LEt's move on with that;)
Member Since Aug 11, 2017   886 posts
Apr 23, 2020 at 14:57
Revenge trading is just part of immaturity, nothing without it. Beginners always try to take revenge when fall a great loss especially trade with high leverage due to non sense planning.
Member Since Jul 19, 2020   318 posts
Aug 05, 2020 at 09:38
If you want to be a good trader you need to be very careful when you are going to trade. You need to make a profitable strategy to make money from this market. You need to have proper knowledge about the market situation. Never try to make decisions from heart. Always make decisions with your brain.
Member Since Jun 30, 2020   90 posts
Aug 05, 2020 at 09:55
The most basic and important help you should provide yourself.
Member Since Jun 21, 2020   59 posts
Aug 05, 2020 at 14:17
I was never helped anyway, this made me to develop my own trading techniques I have been using obe a decade now.
NO EMOTION DURING TRADING.
Member Since Jul 20, 2020   232 posts
Aug 07, 2020 at 11:58
If you want to be a good trader you have to make a profitable strategy. a good strategy will help you to earn money from the forex market.
Member Since Jul 20, 2020   341 posts
Aug 12, 2020 at 12:54
This is not a matter of what you are doing now. If you want to be a trader, you need to have the proper knowledge and a reliable broker. You can get all kinds of knowledge from many websites that provide educational courses.
Member Since Jul 20, 2020   298 posts
Aug 12, 2020 at 17:27
Forex trading is very difficult but if you learn and gain experience you can trade. However, a lot of profit can be made. If you are interested in trading, you can do demo trading. If you think I can trade after demo trading, you can join trading. And if you think you can't trade, then trading is not for you. The mindset has something to do with it. If you trade without a proper mindset, you will lose which is not desirable at all.
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