Successful trading

Mar 01, 2019 at 13:34
5,514 Views
93 Replies
Member Since Apr 04, 2020   57 posts
Apr 04, 2020 at 05:15
Successful trading, you can call a trade that brings a certain income.
Member Since Jun 22, 2015   84 posts
Apr 04, 2020 at 23:51
The way to be profitable is know risk management.
Member Since Mar 23, 2020   63 posts
Apr 07, 2020 at 07:48
Tygotaylor posted:
i always vouch for solid trading plan that is the roadmap of success.
Yup! A solid trading plan combined with proper risk management, sure to give you success.
Member Since Apr 04, 2020   57 posts
Apr 08, 2020 at 06:45
Successful, you can consider trading here, which brings a good result.
Member Since Apr 08, 2020   7 posts
Apr 08, 2020 at 11:32
Successful trader doesn't follow the crowd. 90% loss so it is best to trade contrary. When MA cross high you should sell and vice versa
Member Since Apr 04, 2020   57 posts
Apr 20, 2020 at 12:43
Forex is a serious job, which for many traders has become a stable source of income.
Member Since Apr 04, 2020   38 posts
Apr 23, 2020 at 13:55
eastcoastawoke posted:
Successful trader doesn't follow the crowd. 90% loss so it is best to trade contrary. When MA cross high you should sell and vice versa

Hi,
If i lose 90% then how will i recover it. It's obviously not possible that always i suffering loses. So, do you have any way for without loses trading. I know lose is a part of trading. But Its not possible all time.

Thank you..
Member Since Apr 15, 2020   83 posts
Apr 24, 2020 at 06:26
Success in trading lies in the fact that the trader begins to make good money and leads to loss to a minimum.
Member Since Apr 25, 2020   119 posts
Apr 25, 2020 at 11:48
Of course, everyone strives for successful trading, but those who really purposefully go to their results also achieve this unit.
Member Since Apr 18, 2020   54 posts
Apr 27, 2020 at 09:04
Tezilkree posted:
Forex is a serious job, which for many traders has become a stable source of income.
Correct! Many are depending solely on forex for their living. But then a lot of practice goes into reaching that level.
Member Since Feb 09, 2020   26 posts
May 01, 2020 at 14:34
I agree with you here. Having learned all the trading terms and read a lot of articles on this topic, you won't immediately become a great trader with a huge income. It's not enough. Yes, a good broker, who will provide good support and offer the best trading conditions in the market - no less important. That is why many traders spend so much time choosing a broker that will fit all their requirements.
Member Since Apr 28, 2020   6 posts
May 01, 2020 at 16:57
mdsh7864 posted:
eastcoastawoke posted:
Successful trader doesn't follow the crowd. 90% loss so it is best to trade contrary. When MA cross high you should sell and vice versa

Hi,
If i lose 90% then how will i recover it. It's obviously not possible that always i suffering loses. So, do you have any way for without loses trading. I know lose is a part of trading. But Its not possible all time.

Thank you..

You don't, but your loss will be appreciated by others.

sharpiemomo mentioned having a edge a few post up.
PMO The edge comes from a sound strategy and some experience, don't need 2 much experience or knowing fancy words, but it does include sticking to your strategy, that includes being able to pick good entry and exit points, taking the pips that are given, and good RR or MM which ewer you want to call it.
Member Since Dec 13, 2019   22 posts
May 15, 2020 at 20:13
For your trading to be successful and profitable, you need to minimize losses. Because what is the point in trading, if you lose half of your income in not very successful trades? Of course, sometimes losses simply can't be avoided, it happens very often. But no one forbids you to trade wisely. Use stop losses, at least. Take trading seriously, minimize risks and then you'll be a successful trader :0
Member Since Oct 17, 2019   15 posts
May 21, 2020 at 09:50
'Successful trading' has different definitions for different people. When I speak to potential investors, they want 100% per month and no risk, we all know this doesn't exist. So you must define what is success for you, not losing, reaching a % return more than investing in bank, or a monthly target of 30% +?


Currently I am Monthly:33.89% with Drawdown: 2.22%, after much work I consider this success.....

Member Since Jan 06, 2020   83 posts
May 21, 2020 at 10:52
Just do a good money management and you are your way to being a consistence profiting trader, that is my technique.
Market Direction
Member Since Sep 16, 2018   1 posts
May 24, 2020 at 17:10
how long will it take one to be successful, what is really the success in trading, is it taking your profit at the end of every day, every trade, or every...
Member Since May 13, 2020   14 posts
May 25, 2020 at 08:50
Imamul posted:
Successful trading is depend on most powerful analyzing trade knowledge , on the other hand , despite of good trading knowledge that’s not possible at all to lead a successful trading life at all if you don’t have a reliable support from a credible trading broker , because the broker can affects the result of our trading with certainly.

i think that in trading you need to have patience good strategy and make small calculated risq
NEC ASPERA TERRENT
Member Since Oct 02, 2019   24 posts
May 25, 2020 at 15:44
In any business, profit is a measure of success. And even more important is a stable profit. So, if you get a stable percentage of profit within at least six months - I can consider such a trader successful.
Member Since Jan 06, 2020   83 posts
May 25, 2020 at 19:16
Landakus posted:
In any business, profit is a measure of success. And even more important is a stable profit. So, if you get a stable percentage of profit within at least six months - I can consider such a trader successful.
I was made to trade succefully in my first firm for two years stable profits to be called as successful trader
Market Direction
Member Since May 14, 2020   7 posts
May 27, 2020 at 10:06
(Practice makes a man perfect) Successful trading depends upon your trading style, practice, knowledge. You should always observe proffesional traders how and when they buy and sell apart from this a trader should always do market analysis before entring into any trade and should have patience in executing the trade, most importantly is to have prpoer money and risk managemet.Never invest whole money in one go otherwise you may bear huge losses if market is not in favour. Observe, analyse, think and then invest.
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