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Successful trading
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Rocky99

Member Since Oct 17, 2019  13 posts Rocco (Rocky99) May 21 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.....


TraderProHungary

Member Since Jan 06, 2020  83 posts FundsProManager (TraderProHungary) May 21 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
Flong

Member Since Oct 30, 2019  11 posts Flong May 21 at 17:40
I think a successful trade is when you get better every day than yesterday.
You have to constantly evolve and learn something new, then you just can't be unsuccessful. You'll work wisely and profit accordingly.

TrnAli

Member Since Sep 16, 2018  1 posts TrnAli May 24 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...

kevin8659

Member Since May 13, 2020  14 posts kevin8659 May 25 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
Landakus

Member Since Oct 02, 2019  16 posts Landakus May 25 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.

TraderProHungary

Member Since Jan 06, 2020  83 posts FundsProManager (TraderProHungary) May 25 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
005500

Member Since May 14, 2020  7 posts 005500 May 27 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.

Cruz45

Member Since May 27, 2020  25 posts Cruz45 Jun 02 at 11:49
005500 posted:
(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.

Well said!

Adribaasmet

Member Since Aug 27, 2017  861 posts Adribaasmet Jun 03 at 16:43
According to my personal trading experience, Price Action trading system is the best. It’s the most flexible one! Since you can use any kind of trading instrument here including crypto’s.

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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.