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Why are some traders successful?
Membre depuis Feb 16, 2022
posts 113
Nov 04, 2022 at 13:54
Finding the right trading broker has become difficult because of scamming. To find out the best trading broker, first of all you have to check the broker’s certification because it will let you know whether the broker is regulated or not.
Membre depuis Jun 27, 2019
posts 10
Nov 15, 2022 at 14:10
Successfulltraders make sure that they test their strategy on a demo account for many months before using it on a live account. We can all be successful as long as we use a good strategy
Nov 15, 2022 at 22:41
Don't be jealous of other traders' results, each trader already has their own portion based on their skills and knowledge. However, the struggle is a compulsory task in life to making effort to keep daily necessity smoothly to covered. Not only during trading needs money management, in real-life also needs money management.
Membre depuis Nov 21, 2022
posts 9
Nov 21, 2022 at 16:43
successful traders are those that are lucky enough to have come across a strategy that actually works. There are so many bad strategies online that most of us end up using the losing ones
Membre depuis Nov 21, 2022
posts 9
Nov 28, 2022 at 14:30
Why are some people successful? Same as why some forex traders successful. If you're lucky enough to be smart and have money, you will be successful at anything. The rest of us just have to endure
Dec 03, 2022 at 11:53
DavidWilks posted:
I think one of the most consistent things that helped me was always being objective, and never thinking you are too good to learn more.
Having a love of learning, and reading daily, always trying to improve.
I completely agree with you. Trading is an extreme mindset thing, If you aren't okay of failing and trying to fix where you went wrong and implementing new strategies than you will fail with trading. The problem with trading is that people think it's a get rich quick scheme when it's not and that's why people fail in trading
We are always WINNING!
Dec 03, 2022 at 11:57
SteveFx11 posted:
Frustration is trading arises when traders fail to earn on average or stick to profiting. And this frustration reaches such a level that makes trader commit suicide.
That's extremely true it does get frustrating but, If they want to be the trader. They have to go through that frustration and pain of failing to profit or struggle. It's crucial to not think emotionally when it comes to trading. If you keep trying enough and not focus on frustration or your losses all the time you'll be the best in trading.
We are always WINNING!
Membre depuis Nov 29, 2022
posts 40
Dec 15, 2022 at 05:54
Like most answers here, risk, money & time management is what helps traders profit from the risky market environment.
Dec 16, 2022 at 10:32
Meatus posted:
By focusing on risk management and trading psychology, a trader can become successful. Other factors, like choosing the right broker, the right indicators, and the right trading strategy, are crucial too.
That’s right. These points are indeed crucial for a successful trading career. However, there is not a single recipe for success in the financial markets. As said “nothing worth is easily achieved”, trading is a long and arduous journey that requires diligent efforts.
Dec 23, 2022 at 11:39
Headmaster posted:
I always believe that one's mindset and attitude can make one successful. If a trader faces losses in the market, they can consider looking deeper into the matter and why they are failing. A mentor can help them grow, but it isn't mandatory.
I totally agree with you. It is one's skills and mental attitude that can make one successful. one can learn through books or courses about that.
Dec 26, 2022 at 11:25
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.
Membre depuis Jul 23, 2020
posts 816
Jan 04, 2023 at 16:18
Initially you need support from your selected brokers. If your broker provides you analysis done by their experts, you should make the best use of this opportunity.
