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Successful trading
Miembro desde Oct 07, 2020
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Miembro desde Aug 27, 2017
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Nov 11, 2020 at 07:04
(editado Nov 11, 2020 at 07:04)
Miembro desde Jun 01, 2020
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Jakemark posted:
Try to set a plan or a goal for yourself. You should also pay good attention to your money management and risk management techniques. Consistent hard work will also be beneficial.
Risk and money management are often neglected by those who are new. But neglecting this would cost a trader in long run. So, managing them is mandatory from the very beginning.
Miembro desde Oct 14, 2020
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Miembro desde Aug 27, 2017
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Miembro desde Aug 27, 2017
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Miembro desde Jul 23, 2020
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Jan 09, 2022 at 14:55
Miembro desde Mar 28, 2021
posts 617
To be successful in trading, one has to be proficient in candlesticks, technical analysis and psychological analysis of trading. It is essential to develop the skills needed to be able to discern the market. It's not easy. Be patient and study.
Jan 09, 2022 at 22:56
Miembro desde Apr 03, 2021
posts 470
Michihito posted:Mindset helps much in our life, including in forex if we believe we can succeed in forex hence we will learn seriously, maybe face so many obstacles, but we never give up and keep learning better, in testing one trading strategy we can learn and explore trading strategy.
Successful trading is the combination of so many things. First you need a professional mindset. Secondly you need a good strategy. You also need discipline, control over your mind, and a good plan.
Miembro desde Jul 20, 2020
posts 399
Jan 10, 2022 at 07:44
Miembro desde Jul 20, 2020
posts 399
FXOday posted:Michihito posted:Mindset helps much in our life, including in forex if we believe we can succeed in forex hence we will learn seriously, maybe face so many obstacles, but we never give up and keep learning better, in testing one trading strategy we can learn and explore trading strategy.
Successful trading is the combination of so many things. First you need a professional mindset. Secondly you need a good strategy. You also need discipline, control over your mind, and a good plan.
Persistence is so key. It is that drive that makes successful people who they are. Forex will test you and test you to the limit you just have to keep showing up each day.
Jan 10, 2022 at 08:09
Miembro desde Dec 09, 2013
posts 139
Michihito posted:Yes, these are the things are needed to be successful. Thing is these can be read and learned in a minute but it takes hours of practice to be able to implement in the market accordingly.
Successful trading is the combination of so many things. First you need a professional mindset. Secondly you need a good strategy. You also need discipline, control over your mind, and a good plan.
Miembro desde Jun 26, 2020
posts 327
Jan 10, 2022 at 08:15
Miembro desde Jan 10, 2022
posts 19
Akasuki posted:Exactly!
To be successful in trading, one has to be proficient in candlesticks, technical analysis and psychological analysis of trading. It is essential to develop the skills needed to be able to discern the market. It's not easy. Be patient and study.
And equal importance should be given to emotional management as well.
Miembro desde Aug 05, 2021
posts 401
Jan 10, 2022 at 15:31
Miembro desde Aug 05, 2021
posts 401
You need to be well-educated about trading, have a good trading plan, practice risk management, etc. AND have an account with a reliable broker with decent costs in order to truly be successful. Without one or the other, you're bound to fail.
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