To be a successful trader

Feb 28, 2021 at 13:41
2,560 Angesehen
55 Replies
Mitglied seit Jul 27, 2020   81 Posts
Apr 23, 2021 at 14:13
The knowledge that we receive, we still need to be able to apply it in practice.
Mitglied seit Jul 19, 2020   751 Posts
Apr 27, 2021 at 13:06
@Beagelv Yes knowledge becomes effective only when we can apply it properly. Execution is the key. Many people can not execute their knowledge due to lack of discipline and plans.
Mitglied seit Apr 01, 2020   231 Posts
Jun 16, 2021 at 00:10
To be successful in forex you must acquire good knowledge and should develop good skills. if you will have enough knowledge and skills it will be easy for you to become a successful trader.
Mitglied seit Jul 19, 2020   788 Posts
Jun 18, 2021 at 16:53
Mohammadi posted:
the successful trader is a trader which always able to predict the real faction of this market with certainly . its all about real professionalism.
Yes, successful traders always update themselves about the real market. The only person who can be successful in the forex market is the one who can make a profit by analyzing with patience.
Mitglied seit Mar 16, 2021   477 Posts
Jun 19, 2021 at 01:46
Dictiony posted:
To be successful in forex you must acquire good knowledge and should develop good skills. if you will have enough knowledge and skills it will be easy for you to become a successful trader.
To be a successful trader, you need to maintain discipline and plan. And you should be happy with the reward that comes.
Mitglied seit Jun 16, 2021   9 Posts
Jun 19, 2021 at 07:17
To be a successful trader, it is important to manage your risks, update the strategies according to current market conditions and always keep the greed out.
Mitglied seit Jun 15, 2021   20 Posts
Jun 19, 2021 at 07:51
Keep learning & practising and try to become better each day.
Mitglied seit Feb 15, 2021   10 Posts
Jun 24, 2021 at 03:50
Disciplined and planned jobs work very well at any time anywhere. The same goes for trading too.
Mitglied seit Dec 11, 2020   18 Posts
Jun 26, 2021 at 05:04
Stay dedicated and focused towards your goal. For forex traders, being consistent is what matters the most.
Mitglied seit Mar 28, 2021   617 Posts
Jun 26, 2021 at 10:45
Forex trading can be one of the best investments, only if the person is skilled enough. Without enough knowledge and skills, trading forex is the most risky business in the world.
Mitglied seit Jul 20, 2020   399 Posts
Jun 26, 2021 at 16:15
If you have proper risk management it isn't an issue. Its just doing the right things and being persistent
Mitglied seit Jun 29, 2021   2 Posts
Jun 29, 2021 at 06:02
Both education and practice is important to become a successful trader. But just learning anything and applying it to trading won’t get you profits. You need proper and relevant education to get ahead. I would suggest a complete trading course to start off with.
Mitglied seit Jun 17, 2021   15 Posts
Jun 30, 2021 at 05:33
The beginning of your forex trading career is often the most difficult part. If you keep patience in the beginning, you can have a smooth trading career for a long period of time.
Mitglied seit Mar 28, 2021   617 Posts
Jun 30, 2021 at 11:39
@marshallbuchanan yes you are right. Along with patience, one should focus on learning the skills. Unfortunately most people focus on earning and lose money.
Mitglied seit Jul 19, 2020   751 Posts
Jun 30, 2021 at 12:05
@Akasuki Yes people forget that money comes from skills. But they want to make money without skills and end up doing gambling.
Mitglied seit Jun 16, 2020   57 Posts
Jul 21, 2021 at 06:37
If you want to be a successful trader, try to gain every information about trading. Prepare your mind for all the situations that can happen in the trading market and know the fact that with profits, you might have losses too.
Mitglied seit Jul 20, 2020   399 Posts
Sep 14, 2021 at 06:57
Tradextol posted:
If you want to be a successful trader, try to gain every information about trading. Prepare your mind for all the situations that can happen in the trading market and know the fact that with profits, you might have losses too.

Also prepare to be beaten up and down and up and happy and all the emotions rolled into one. Once you experience them you will be able to cope with them and thus become objective.
Mitglied seit Sep 14, 2021   10 Posts
Sep 14, 2021 at 10:57
CraigMcG2020 posted:
Tradextol posted:
If you want to be a successful trader, try to gain every information about trading. Prepare your mind for all the situations that can happen in the trading market and know the fact that with profits, you might have losses too.

Also prepare to be beaten up and down and up and happy and all the emotions rolled into one. Once you experience them you will be able to cope with them and thus become objective.
So true. In fact, you cannot expect to be stay the profiting run, you will have to deal with some losses and some winning, but at the end of time, you will be gaining an experience and you will be glad that you were there to experience it.
Mitglied seit Oct 31, 2020   16 Posts
Oct 06, 2021 at 20:04
I don't know how about pains, I think that it is an individual thing. Learning how to trade presupposes the work on your personality. Some people are mentally suitable for tradin, they are okay with the psychological pressure, their mindset is appropriate and they usually make sensible decisions. However, some people need to do serious work on their personalities and they need to change their perception of what makes the decisions good and bad.
Mitglied seit Aug 21, 2021   61 Posts
Oct 07, 2021 at 09:14
I believe that to be a successful trader, you should better focus on how the forex market works, improve and learn from the mistakes and should never overtrade in the greed of making maximum profits.
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