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Successful Traders Mindsets
Sep 28, 2022 at 15:55
Sometimes low profit is better than a high profit because high profit involves large amount of risk on the other hand low profit is sometimes consistent which is badly essential for traders. So, traders have to lower their greed to survive in Forex.
Mitglied seit Sep 06, 2022
26 Posts
Sep 30, 2022 at 12:24
Successful traders avoid all distractions at all costs. They do not want to get distracted by their losses or anything that can trigger negative emotions or actions. They control their mindset in the right way.
Mitglied seit Jun 26, 2020
323 Posts
Oct 01, 2022 at 04:14
thanks for your nice post , got some fine line.
Mitglied seit Feb 16, 2022
113 Posts
Oct 01, 2022 at 15:17
This practice of over-trading should be deducted to attain trading success; otherwise trading success will become a mirage for traders.
Mitglied seit Sep 13, 2022
8 Posts
Oct 11, 2022 at 10:46
You have said it all. Not being greedy and not giving up will eventually lead you to success no matter how long it takes. A beginner should not rush the learning process because knowledge is the foundation of your success in the future. So, we must set the foundation right in order to become successful in the long run.
Mitglied seit Sep 13, 2022
16 Posts
Oct 19, 2022 at 09:13
The proper trading mindset is one that is determined, focused, disciplined, confident, lacks ego, has no fear of losing, and is detached from money. This may appear strange to individuals who are not involved in trading. Most traders concentrate on establishing tactics in order to profit.
Mitglied seit Aug 19, 2021
203 Posts
Oct 31, 2022 at 12:12
Vivacity posted:
Only a healthy mind can produce the desired results. This is why the right mindset is essential for the success of a trader in the market. Good pointers that are simple to implement.
Oh exactly. All your psychological problems will immediately be visible in trading. Especially psychosis.
Oct 31, 2022 at 12:36
Being a trader requires not just creating better techniques and conducting in-depth analysis, but also cultivating a winning mindset. Avoid getting carried away with your excitement over winning trades or your devastation over losing deals.
Mitglied seit Mar 17, 2022
46 Posts
Dec 20, 2022 at 08:08
Developing trading psychology is an important key to having a successful mindset for trading. It will help you stay strong in this year long game of winning and losing.
Dec 20, 2022 at 10:29
FXOday posted:
Building a good mindset about forex trading will help us to make more discipline to implement trading rules, good trading strategy needs to be accompanied by good money management and good psychology trading.
That’s true. Those traders who can manage their emotions better, can make more profits. You have to work hard in developing the right mindset where you don’t let your emotions get the best of you. Doing so will assist you in preventing destructive mistakes and impulsive actions that can have remarkable effects on your trading journey.
Dec 22, 2022 at 08:27
Salsitude posted:
Successful traders understand how to manage market risk and use it to their advantage. They are disciplined and patient in their business. This set them apart from other traders and propelled them to the top of the market.
discipline and patience goes a long way in a market as volatile as this one. So, yes successful traders know how to manage their risk well enough to make up for any loss incurred with a calm and composed attitude.
