Mar 01 2021 at 04:10
LeviSievwright5 posted:I also agree and follow this ratio in my trading.
Forex Risky Market. So if you want to control this risk, you must maintain a 1: 2 risk ratio. That way you can see success.
Mar 01 2021 at 04:59
Reading many of the answers has given me a new perception and I cannot agree more. Success in monetary terms can still be measured in pips. But the real success is when you improve yourself over time and learn new skills to keep breaking your own records.
Mar 01 2021 at 10:26
For every trader, success comes differently. Some traders are happy with 1-2% profits while there are many who don’t get satisfied even if they are making 25% per trade. It is all a matter of acceptance and believing that you can do better.
Mar 01 2021 at 12:02
LeviSievwright5 posted:I’m just a curious trader here; what’s you win:loss %
Forex Risky Market. So if you want to control this risk, you must maintain a 1: 2 risk ratio. That way you can see success.
Gleywilleyy posted:I completely agree with you. Gone is the time when I was focusing on improving my profits. But after gaining some experience in the market, I realized that I should focus on improving my skills because that’s what will help me get profits in the long run. Since then, I keep trying new things with my brokers- Fxview and IG and write about them in my trading journal to learn from my own mistakes.
For every trader, success comes differently. Some traders are happy with 1-2% profits while there are many who don’t get satisfied even if they are making 25% per trade. It is all a matter of acceptance and believing that you can do better.
Mar 01 2021 at 19:11
By doing forex making money is not easy. We may say access to the market is very easy and with little investment you can start it. To make money you need to learn the art of trading. But the learning process is long. You have to keep patience.
Mar 03 2021 at 13:25
DanielGlaus posted:Do you think everybody becomes successful eventually, those with patience?! Just a thought, if only 1 was to be chosen, which one would it be: skills or patience?
By doing forex making money is not easy. We may say access to the market is very easy and with little investment you can start it. To make money you need to learn the art of trading. But the learning process is long. You have to keep patience.
Mar 04 2021 at 09:20
desertdye posted:That’s true! Continuous improvement is undoubtedly the best hedge against future risk. The market will as is its basic nature and a trader must be ready to continually improve to remain successful and competitive. Without improvement, you can lose your competitive advantage.Gleywilleyy posted:I completely agree with you. Gone is the time when I was focusing on improving my profits. But after gaining some experience in the market, I realized that I should focus on improving my skills because that’s what will help me get profits in the long run. Since then, I keep trying new things with my broker IG and write about them in my trading journal to learn from my own mistakes.
For every trader, success comes differently. Some traders are happy with 1-2% profits while there are many who don’t get satisfied even if they are making 25% per trade. It is all a matter of acceptance and believing that you can do better.
Mar 04 2021 at 11:18
russellgutierrez posted:Making good or bad trades might not be in our hands. But to keep moving is surely in our hands. A bad trade cannot decide our destiny. We have to keep moving to take advantage of different opportunities the forex market offers.
Reading many of the answers has given me a new perception and I cannot agree more. Success in monetary terms can still be measured in pips. But the real success is when you improve yourself over time and learn new skills to keep breaking your own records.
Gleywilleyy posted:It’s true that somewhere, we all entered the forex market with the aim of making money. But with time I have realized that you are your own competitor. You have to focus on getting more successful than you were the day before.
For every trader, success comes differently. Some traders are happy with 1-2% profits while there are many who don’t get satisfied even if they are making 25% per trade. It is all a matter of acceptance and believing that you can do better.
Mar 05 2021 at 05:06
Set new records and break them with every trade you execute. No need to settle for what you have already achieved. Instead, try to do better and bigger the next day. Though I am making consistent profits with ICM, I know I can do better. And when I am satisfied with what I have done, I will call it my most successful trade.
Mar 05 2021 at 06:38
Garrychris554 posted:It’s true that the market offers never ending opportunities to traders. It is up to us how we understand and make use of them. It’s been a year since I started to trade forex and since then, I have tried several strategies to find the best for me. Some strategies worked better than others but I am sure that there are still many options that I am yet to explore.
Set new records and break them with every trade you execute. No need to settle for what you have already achieved. Instead, try to do better and bigger the next day. Though I am making consistent profits with ICM, I know I can do better. And when I am satisfied with what I have done, I will call it my most successful trade.
Mar 09 2021 at 05:03
@Jimmyneeesham I’d go for skills any day. Been patient enough and started trading. But blew it because I couldn't do the job well. Lacked the skills, started demo trading and back with better skills at hand.
I’d rather count patience as my skill. Sitting back patiently while waiting for the right trading setup among hundreds to pop-up on the screen needs some credit.
Mar 09 2021 at 12:59
I’ll weigh the research and analytical skills to monitor the day-to-day chart patterns that can impact the financial market, in my opinion more than the virtue that’s patience.
Mar 10 2021 at 10:35
Let’s not deny the math involved in analyzing the data quickly. I’d also say selecting a great broker offering good, easy to understand charts with indicators and patterns is really important. I’ve come across many brokers like cmc markets but left it because of the complex technical tools. Everything else was superb about the broker. Not saying that I started making profits right away but at least could figure out what I’m looking for.
The up and down, give and take fluctuations of the forex market can test the true patience of every trader. The ones who can wait patiently can succeed in the longer run for sure.
Mar 12 2021 at 04:08
For me, forex has been a good choice in terms of online trading. I have earned a good amount in not much time.
Mar 12 2021 at 05:58
My successful trades keep on changing as I am very much active in the trading market and I trade frequently. Some of the times I don’t earn that good but sometimes I do much better than my previous trades.
