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Why are some traders successful?
forex_trader_3132761
Mitglied seit Jan 04, 2023
4 Posts
Jan 05, 2023 at 11:16
KAnthony posted:
hi all. i'm newbie and dont know much things. but i prefer to think experience makes trader profitable. a lot of experience. and quick reaction too.
Experience is Always the best teacher.
Jan 05, 2023 at 11:31
Tectiform posted:
This is such an insightful post. It is true that every trader has to face some challenges before they become profitable or successful in the long run. The willingness to learn and determination to keep trying until they reach success gives them an edge. Trading will never be easy and one should not give up on trading just because they are going through tough times. We must keep on trying and success will come to us sooner or later.
Mitglied seit Jun 26, 2020
323 Posts
Jan 06, 2023 at 08:36
the people who ae already successful they are more self committed compare to general people . that is very clear message.
Mitglied seit May 20, 2019
8 Posts
Jan 10, 2023 at 18:13
All successful traders are alike - use fundamental and technical analysis, risk management. All unsuccessful traders lose in their own way
forex_trader_3132761
Mitglied seit Jan 04, 2023
4 Posts
Jan 15, 2023 at 11:26
Yes
Jan 15, 2023 at 22:50
Forex trading risky business, success in the forex industry, not all traders will be successful without learning and hardworking, maybe we often hear more than 90% of traders lose money in forex, and only 5% traders make money from forex, but we hope will become part of 5% profitable trader
Mitglied seit May 02, 2022
37 Posts
Jan 16, 2023 at 12:20
FXOday posted:
Forex trading risky business, success in the forex industry, not all traders will be successful without learning and hardworking, maybe we often hear more than 90% of traders lose money in forex, and only 5% traders make money from forex, but we hope will become part of 5% profitable trader
I agree. For being successful you need a well-defined strategy which has a positive expectancy of outcomes and you need to apply this strategy consistently.
Mitglied seit Jan 12, 2023
20 Posts
Jan 18, 2023 at 06:31
Success in forex comes with disciple, consistency and good strategy.
Mitglied seit Aug 17, 2022
79 Posts
Feb 16, 2023 at 04:55
In trading in order to be successful one should have enough patience and skills and that is built with only practice.
Mitglied seit Jan 23, 2023
18 Posts
Feb 17, 2023 at 12:22
electrica333 posted:
In trading in order to be successful one should have enough patience and skills and that is built with only practice.
Yes, I agree with you. Demo trading is best for practising trades.
Feb 19, 2023 at 21:57
It is a common thing there is different result in each other in many businesses, the profession could be the same, but, the result will be different, in forex trading, although two traders use the same trading strategy the end result could be different, there is another factor the cause like psychology, time to enter, slippage, etc.
Mitglied seit Sep 07, 2020
70 Posts
Feb 28, 2023 at 11:31
For me, knowledge and experience - I truly believe that successful forex traders often have a deep understanding of the markets they trade in, as well as a wealth of experience in trading.
Mitglied seit Aug 19, 2022
42 Posts
Mar 03, 2023 at 13:55
For every experienced trader comes a new stage in life, when he begins to receive investments from those who also want to make money.
Make money with people who know how to make money.
Mitglied seit Mar 03, 2023
15 Posts
Mar 24, 2023 at 11:32
Francisca33 posted:
To be a successful trader, there are several factors that come into play. One of the most important factors is having a thorough understanding of the market and the ability to use data and analysis to make informed decisions. In addition, successful traders tend to have a strong sense of discipline and effective risk management techniques that allow them to limit losses. By combining these factors, traders can increase their chances of success in the highly competitive world of trading.
How can one become more discipline?
Mar 24, 2023 at 13:11
LeslieRuiz posted:Francisca33 posted:
To be a successful trader, there are several factors that come into play. One of the most important factors is having a thorough understanding of the market and the ability to use data and analysis to make informed decisions. In addition, successful traders tend to have a strong sense of discipline and effective risk management techniques that allow them to limit losses. By combining these factors, traders can increase their chances of success in the highly competitive world of trading.
How can one become more discipline?
Stick to your trading strategy
