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Why are some traders successful?

forex_trader_3132761
Membre depuis Jan 04, 2023
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Jan 05, 2023 at 11:31
Membre depuis Feb 06, 2022
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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
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Membre depuis May 20, 2019
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Jan 15, 2023 at 22:50
Membre depuis Apr 03, 2021
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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
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Jan 16, 2023 at 12:20
Membre depuis May 02, 2022
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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 Jan 12, 2023
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Feb 19, 2023 at 21:57
Membre depuis Apr 03, 2021
posts 437
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 Sep 07, 2020
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Mar 24, 2023 at 11:32
Membre depuis Mar 03, 2023
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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?
Mar 24, 2023 at 13:11
Membre depuis May 20, 2022
posts 3
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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