To be a gainer

Dec 21, 2020 at 12:12
948 Angesehen
17 Replies
Mitglied seit Jul 19, 2020   751 Posts
Dec 21, 2020 at 12:12
The person who has proper knowledge and skills of trading would be gainer. You need good psychology, good money management system and good trading strategy. For all these you need to study a lot. You have to study both different resources and the market itself.
Mitglied seit Jul 19, 2020   788 Posts
Dec 22, 2020 at 01:10
If discipline and trading psychology are not properly maintained, it will never be possible to succeed in trading. And risk reward and money management must be followed.
Mitglied seit Jul 20, 2020   298 Posts
Dec 22, 2020 at 02:19
Trading Psychology and Money Management can perfect trading strategies. As a trader, I try to maintain money management and risk rewards.
Mitglied seit Nov 12, 2020   23 Posts
Dec 30, 2020 at 03:43
I agree. Good psychology, a trading mindset and the necessary skills and knowledge are really important if one has to succeed and make profits.
Mitglied seit Jul 19, 2020   298 Posts
Dec 30, 2020 at 09:40
Greed is the cause of destruction. It leads to over trading and unnecessary trading. Profit target should be logical and also should match with skills. If I have ability to get 50 pips, my expectations should not more than that.
Mitglied seit May 11, 2020   74 Posts
Jan 13, 2021 at 11:52
Good psychology is a very indicator of understanding and calming your mind before trading. But that is not it, you will need to have a very good management when it comes to risk and money so that you can minimize the losses and maximizing the profit.
Also, a good strategy can sometimes fails due to volatility of the markets, but if you have been able to put in good use of money management, then it should be fine.
Mitglied seit Jul 27, 2020   102 Posts
Jan 14, 2021 at 07:33
reggae posted:
Good psychology is a very indicator of understanding and calming your mind before trading. But that is not it, you will need to have a very good management when it comes to risk and money so that you can minimize the losses and maximizing the profit.
Also, a good strategy can sometimes fails due to volatility of the markets, but if you have been able to put in good use of money management, then it should be fine.
Very true and on point.
Mitglied seit Dec 03, 2020   20 Posts
Feb 08, 2021 at 05:03
Exactly! Knowledge is the key for trading well. Without it, there is no chance for a trader to make any money in the market.
Mitglied seit Nov 19, 2020   104 Posts
Feb 08, 2021 at 05:53
To be a gainer here, one must be a great learner and be able to apply his/her knowledge is doing the best in the market. The market conditions change for all, volatility affects all, but who win are the ones who are able to manage the market conditions well, as per their plans, skills and knowledge.
Mitglied seit Jan 22, 2021   125 Posts
Feb 11, 2021 at 09:28
To be a gainer, you must have experienced the failures also. As a trader you must have seen both sides. Try to acquire new skills for trading successfully.
Mitglied seit Nov 05, 2020   54 Posts
Feb 12, 2021 at 06:09
When certain experience comes to us, we develop our own trading rules that relate specifically to our character from our trading system
Mitglied seit Feb 04, 2021   35 Posts
Feb 12, 2021 at 11:45
It’s true that knowledge is the key, but to have success, you must be consistent throughout the journey.
Mitglied seit Jul 23, 2020   759 Posts
May 07, 2021 at 17:31
forexminded posted:
It’s true that knowledge is the key, but to have success, you must be consistent throughout the journey.
Without practice every knowledge is useless. So, practice is also needed.
Mitglied seit Mar 28, 2021   617 Posts
May 08, 2021 at 13:20
Yes attaining knowledge and getting proficiency isn't simple. Actually it requires a very long time to get skills and many individuals aren't eager to provide time for gaining knowledge. Unfortunately they could squander time to get nothing.
Mitglied seit Jul 19, 2020   751 Posts
May 09, 2021 at 11:00
Most traders don't get success since lots of them are not skilled enough. And many are servant to their feelings. They take decision with their feelings.
Mitglied seit Aug 27, 2017   994 Posts
May 10, 2021 at 16:16
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.
Mitglied seit Jul 19, 2020   788 Posts
May 10, 2021 at 16:44
Adribaasmet posted:
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.
Yes, you are right. Price Action Best Trading Idea. This strategy has a high percentage of profit.
Mitglied seit Mar 28, 2021   617 Posts
Dec 30, 2021 at 08:21
Only those people who have learned and practice well in forex would be able to make good profit in forex. Others would just try to earn by luck and would usually have more losses than profit.
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