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.
Trading is always about learning. There is always more to learn and develop. That is only way to keep ahead of the market
Psour posted:And I feel successful trades only focus in developing skills.
Trading is always about learning. There is always more to learn and develop. That is only way to keep ahead of the market
Jan 04 at 11:20
Successful traders focus on learning and updating their knowledge according to the changing market situations. This is how they can cope up with the market and get consistent results.
The failing rate is higher in Forex just because new traders can’t cope up with the market condition. So, newbie traders should work on market knowledge earning and mindset development.
Jan 04 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.
Jan 05 at 07:12
Trading success comes from focus and keeping that focus alive while trading. Many traders do not have the discipline to trade and lose quickly. Unrealistic expectations do not work in the forex market. Success comes from consistency and hard work; it does not come from unrealistic expectations. Education about the market is crucial.
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.
Jan 05 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.
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.
Some traders are successful due to certain qualities, such as consistency and discipline.
Perhaps the talent really is there.
Jan 06 at 08:36
the people who ae already successful they are more self committed compare to general people . that is very clear message.
Jan 10 at 11:42
The market is fast-paced, and there are times that are extremely unfavourable and might be challenging and stressful. By learning how to trade and by learning how to cope with such situations, traders can become successful.
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
Jan 10 at 18:13
All successful traders are alike - use fundamental and technical analysis, risk management. All unsuccessful traders lose in their own way
Jan 15 at 11:26
Yes
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
Jan 16 at 12:20
FXOday posted: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.
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
