I think it is relative that what works and what doesn't. What works for one may not work for others. Every trader is unique in psychologically. That's why all successful traders have their own trading style and strategy. It's the common traders who try to exact copy of others style and strategy.
Cordawield
Mitglied seit Nov 03, 2020
65 Posts
Nov 22 2020 at 07:44
And there is. Everyone should develop their own style. Based on your knowledge, achievements and mistakes
LyudmilLukanov
Mitglied seit Jul 23, 2020
869 Posts
Nov 22 2020 at 17:10
That’s true. Every person is different from one and another. So, building own trading strategy is wise choice.
Trading requires a lot of practice. It is never possible to make a trading profit without practice. You have to learn to trade and work according to discipline. Must Learn from Mistake. And you have to do regular meditation.
LeviSievwright5
Mitglied seit Jul 20, 2020
298 Posts
Nov 23 2020 at 03:44
I agree with you too, Each person's trading style is different.
Well, of course.
Someone uses something dynamic and complex, and someone needs the simplest things to analyze and act right now.
And you don't need to look at others. Choose what you like.
Someone uses something dynamic and complex, and someone needs the simplest things to analyze and act right now.
And you don't need to look at others. Choose what you like.
Periwield
Trader psychology is a separate topic that deserves to be studied in detail. And to cope with stress, tension, and bad moods - you can read about it, so that you understand the nature of these conditions and can cope with it under any circumstances.
Everything works if you understand how it works and what it shows you. So just a couple of tips:
1. choose
2. test
3. draw conclusions
4. keep working
1. choose
2. test
3. draw conclusions
4. keep working
Richarlison872
Mitglied seit Nov 18, 2020
26 Posts
Dec 30 2020 at 04:10
Yes, every trader has a different approach and trading style along with the right trading mindset. You are right that one strategy might work for some and might not work for others. It is all about trading psychology.
Jude_craig
Mitglied seit Dec 05, 2020
81 Posts
Dec 30 2020 at 06:08
Not all strategies work for everyone. So we have to ourselves figure out what works for us and what doesn't.
There are many options for approaching trading. Someone trades on long positions, someone is engaged in scalping, someone combines several trading options. It's important to find yourself on this list. decide on a trading instrument. And practice. Very important too.
Every person is different from each other and when it comes about trading same strategy and same trading style is not suitable for everyone. Each person learn from his own experience and has his own trading style and own trading strategy.
LeviSievwright5
Mitglied seit Jul 20, 2020
298 Posts
Dec 30 2020 at 20:22
Every trader should trade by giving up emotions. Success is never achieved through emotional trading.
SofieAndreasen
Mitglied seit Jul 23, 2020
759 Posts
May 25 2021 at 21:50
Find it yourself in the demo account. It is the best and risk-free way.
Do not copy others' trading styles, you must your own style and strategy to be successful in forex trading.
Lot of things work but what works for me, may not work for you. By trail and error, you have to find out what works for you. It takes time and dedication.
CocoChannel
Mitglied seit May 27, 2021
57 Posts
May 28 2021 at 09:18
According to me, having sufficient knowledge and continuously following the market are the two common factors everyone should consider for making trading profitable.
@CocoChannel Yes you are right. Along with knowledge, we also need the capability to use the knowledge effectively. Knowledge becomes powerful when applied.
LukeRachel
Mitglied seit Mar 16, 2021
477 Posts
Jun 27 2021 at 11:16
Every trader has his strategy with which he tries to make a successful trading. We should find such a strategy.