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To be a successful trader

Michihito
Feb 28 2021 at 13:41
298 příspěvků
To be a successful trader, it does not take much of pains. All what you need to do is acquire full knowledge about the economic surroundings. You should think logically about how the news would affect a particular security. A successful trader should know how to control the emotions because the emotion driven decision sometimes creates havoc.To be a successful and efficient trader, you need to start trading by opening demo account as it will help you in testing your strategies. Once you get enough confidence then start with real money.
UweMoench
Feb 28 2021 at 14:16
751 příspěvků
Starting with small amount like 100$ to 500$ is the good practice. One should not investment big amount unless he makes his small amount 3 times with a systematic approach.
IvarHardy
Feb 28 2021 at 17:39
42 příspěvků
Strategy is important in trading. Every trader is different from another. So, making own stray with own preference is good for long run.
LeviSievwright5
Mar 01 2021 at 02:15
298 příspěvků
If you want to trade successfully, you have to trade by maintaining discipline and plan. If you can't maintain discipline and plan, you will never be able to trade successfully.
Tremblay
Mar 01 2021 at 08:31
330 příspěvků
We need to customize or personalize our strategy. Every person needs his own understanding of the market and price. That's why we don't get success by following other's strategy. Without customized strategy, long term success in trading is not possible.
Sar John (Sarjohn)
Mar 01 2021 at 10:37
187 příspěvků
To be a successful trader first of all you need to learn and develop a good trading strategy, also while trading control your emotions, understand that losses and profits are a part of trading only.
SofieAndreasen
Mar 01 2021 at 13:19
759 příspěvků
UweMoench posted:
Starting with small amount like 100$ to 500$ is the good practice. One should not investment big amount unless he makes his small amount 3 times with a systematic approach.
I also agree with the approach. Demo account is the best place for practice.
mortanlais
Mar 06 2021 at 07:20
21 příspěvků
When you go live, start small. This won’t only save you from losing money but will also prepare you for your future trades as you will get to know what you should expect from the live market.
Tremblay
Mar 06 2021 at 09:39
330 příspěvků
If someone is a new trader, he should do demo trading first. You should get an idea about money management and risk management by trading demo. If you invest big money as a new trader, you are more likely to lose. One should go into real trading by acquiring proper knowledge about trading.
Roberto21
Mar 07 2021 at 06:18
364 příspěvků
its the best way of money making , i think it just a topic , sounds good that always. but in reality what about ? 95% losers from here.
Roberto21
Mar 07 2021 at 06:21
364 příspěvků
Learning is the foremost ways to keep survive in this volatile trading place in a proper way. But sorry to say maximum traders who are particularly newcomers try to make money from here without learning. As a result they become loser when trading practically. It would be great if we choose the broker which always ensures best trading environment for learning this trading place by providing exclusive educational facilities.
Imamul
Mar 07 2021 at 06:44
716 příspěvků
what you think guys there is any difference between successful and professional traders ? its all about same issue or any major difference ?
IvarHardy
Mar 07 2021 at 09:43
42 příspěvků
First learn the basic. Then try demo account. Demo account is free. So, practice as much as you want.
AmDiab
Mar 07 2021 at 11:05
718 příspěvků
knowledge and experience needed i agree with you , but it can be valueless if you dont have regular practice  , so besides acquiring good knowledge its more appropriate to emphasis on practice session. 
AliaDare
Mar 07 2021 at 20:18
788 příspěvků
It is possible to make money from Forex but you need proper knowledge and trading education.
gloriabuchanan
Mar 31 2021 at 10:00
12 příspěvků
Yes, knowledge is the key to walking down the path of success. A profitable trader will have the right knowledge about the market.
UweMoench
Mar 31 2021 at 14:10
751 příspěvků
There is no alternative to learning to become successful trader. It really needs good analytical ability and psychological ability to stay clam.
RobSchiz
Mar 31 2021 at 15:56
567 příspěvků
IvarHardy posted:
First learn the basic. Then try demo account. Demo account is free. So, practice as much as you want.
Yes. You are right. Demo account is the best way to learn the basic of forex perfectly.
UweMoench
Apr 01 2021 at 13:59
751 příspěvků
Imamul posted:
what you think guys there is any difference between successful and professional traders ? its all about same issue or any major difference ?
If you are not professional you can not get success. Professional does not mean taking trading as a profession. It means having necessary skills and mind set for forex trading.
LyudmilLukanov
Apr 01 2021 at 17:57
819 příspěvků
IvarHardy posted:
First learn the basic. Then try demo account. Demo account is free. So, practice as much as you want.
True. It is the best way to learn to trade safely. New traders should use it first.
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