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Why are some traders successful?

forex_trader_3132761
Membre depuis Jan 04, 2023   posts 10
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.
Membre depuis Feb 06, 2022   posts 1
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.
Membre depuis Jun 26, 2020   posts 327
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.
Membre depuis Oct 29, 2022   posts 1
Jan 10, 2023 at 11:49
Trading is a style. Positive if u are in,you are favoured but negatively,if you are in it ,minimize risk and apply patience options
Membre depuis May 20, 2019   posts 8
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
Membre depuis Jan 04, 2023   posts 10
Jan 15, 2023 at 11:26
Yes
Membre depuis Apr 03, 2021   posts 470
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
Membre depuis May 02, 2022   posts 35
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.
Membre depuis Apr 04, 2019   posts 10
Jan 16, 2023 at 13:37
The successful traders are those that spend the time to learn how to trade and are not focus on getting rich quick. It may take years but better to slowly make money than quickly lose it all
Membre depuis Jan 12, 2023   posts 20
Jan 18, 2023 at 06:31
Success in forex comes with disciple, consistency and good strategy.
Membre depuis Jan 19, 2023   posts 21
Jan 20, 2023 at 09:56
I suppose It come down to having a good entry and exit strategy, aswell as being aware of market conditions, being patient and having self control.
Membre depuis Aug 17, 2022   posts 80
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.
Membre depuis Jan 23, 2023   posts 18
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.
Membre depuis Apr 03, 2021   posts 470
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.
Membre depuis Aug 10, 2021   posts 18
Feb 22, 2023 at 22:28
Sometimes it seems to me that some traders have very strong intuition, and it cannot be learned.
Membre depuis Sep 07, 2020   posts 63
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.
Membre depuis Aug 19, 2022   posts 44
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.
Membre depuis Oct 06, 2021   posts 15
Mar 07, 2023 at 06:32
Being in an industry for a long can help them to overcome the struggle they faced while trading, this can help them to become more prone to the changes and accepting the challenge to be better.
Membre depuis Mar 03, 2023   posts 15
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?
Membre depuis May 20, 2022   posts 3
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
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