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Tips To Being A Successful Trader

Jun 14, 2020 at 07:45
Vistas 3,201
88 Replies
Miembro desde Aug 26, 2020   posts 78
Mar 06, 2021 at 12:20
Spend as much time as possible on learning. The main problem for a beginner is a lack of knowledge.
Miembro desde Jul 20, 2020   posts 399
Mar 06, 2021 at 13:42
Nice tips. Thank you
Miembro desde Aug 27, 2017   posts 994
Mar 07, 2021 at 10:07
you should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.
Miembro desde Feb 23, 2021   posts 330
Jul 04, 2021 at 19:20
Adribaasmet posted:
you should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.
Yes. Choosing the right broker is very important in this market.
Miembro desde Jul 23, 2020   posts 759
Aug 07, 2021 at 16:30
Don’t be greedy and be patient.
Miembro desde Jul 23, 2020   posts 869
Sep 01, 2021 at 21:23
Spends at least 5 months in a demo account before moving into a real account.
Miembro desde Dec 28, 2020   posts 187
Sep 03, 2021 at 06:29
Unellene posted:
the main thing is to gain experience from each mistake and understand what needs to be corrected in your work, then there will be progress
Exactly, practice on demo, learn from your mistakes and do not repeat that mistakes.
Miembro desde Mar 17, 2021   posts 536
Sep 03, 2021 at 08:42
Sarjohn posted:
Unellene posted:
the main thing is to gain experience from each mistake and understand what needs to be corrected in your work, then there will be progress
Exactly, practice on demo, learn from your mistakes and do not repeat that mistakes.
Practicing is very important. It helps a trader to improve the skills and ability.
Miembro desde Feb 20, 2021   posts 53
Sep 03, 2021 at 09:24
It’s completely okay to make mistakes in the market because that’s what teaches you the most important trading lessons. Risk a small amount if you are not sure about the market or your strategy. And when you get an idea of what is happening, you can gradually increase the amount.
Miembro desde Dec 28, 2020   posts 187
Sep 06, 2021 at 06:14
SteveHanks posted:
Sarjohn posted:
Unellene posted:
the main thing is to gain experience from each mistake and understand what needs to be corrected in your work, then there will be progress
Exactly, practice on demo, learn from your mistakes and do not repeat that mistakes.
Practicing is very important. It helps a trader to improve the skills and ability.
Yes after having good knowledge and skills you can make good profit.
Miembro desde Mar 28, 2021   posts 617
Sep 06, 2021 at 07:17
Along with good knowledge and skills we also need a sound mindset. It's the trading psychology that makes the difference between successful and failure.
Miembro desde Jul 19, 2020   posts 751
Sep 06, 2021 at 07:57
To be a successful trader, you have to give time in learning and developing skills. You need to how to read charts when to take entry and how control your mind.
Miembro desde Sep 10, 2021   posts 20
Sep 24, 2021 at 05:17
Akasuki posted:
Along with good knowledge and skills we also need a sound mindset. It's the trading psychology that makes the difference between successful and failure.
Rightly said, i have seen people who possess good knowledge and everything but they are not able to control their emotions which make their trading worse.
Miembro desde Jun 21, 2021   posts 24
Sep 24, 2021 at 05:42
One tip or a suggestion i can give is never be greedy and take one step at a time.
Miembro desde Mar 28, 2021   posts 617
Sep 30, 2021 at 05:20
Skills and experience is very important for forex trading. Without being skilled it's not possible to survive in the market.
Miembro desde Mar 17, 2021   posts 536
Oct 03, 2021 at 05:31
RobSchiz posted:
Nathan_Han001 posted:
One tip or a suggestion i can give is never be greedy and take one step at a time.
Greed is the most dangerous thing in this market.
I agree with you. It destroys a trader's career within a second.
Miembro desde Jun 07, 2021   posts 72
Oct 04, 2021 at 09:42
Trading psychology is one of the most important things to master in order to be a successful forex trader. Making the right decision under pressure is something that cannot be taught, you can only learn it.
Miembro desde Oct 15, 2020   posts 11
Nov 12, 2021 at 12:43
There is a big amount of tips actually and it may take lots of time to describe all the tips. I can describe only several ones, which are the main in my opinion. The first tip of successful trading is never rushing. You know, sometimes traders go mad about huge amounts of money and it's strictly prohibited in trading activity as I think, because the brain always should be cold. You shouldn't let your emotions get you down and never let them take control over your mind. In my opinion, it's the most spread mistake. Of course, you can make some mistakes but try to avoid major ones.
Miembro desde Mar 28, 2021   posts 617
Dec 09, 2021 at 08:01
Hard work and continuous practice willmake a trader successful .He will become experienced in trading day . In forex we can nt get success in days Here need a lot of timeit means patience is also important for success.
Miembro desde Apr 09, 2019   posts 538
Dec 10, 2021 at 10:23
On point 1 I will say that understand early that you can take ideas from others but you can't take out the box ready made plans. You have to do the work to find what is right for YOU.
If you can't spot the liquidity then you are the liquidity.
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