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Tips To Being A Successful Trader

Jun 14, 2020 at 07:45
Vues 3,209
88 Replies
Membre depuis Aug 19, 2021   posts 9
Dec 10, 2021 at 15:56
My main tip would be to find an expert and either follow their trades or learn from them. It is too hard to do this on your own without an expert
Membre depuis Jul 19, 2020   posts 788
Dec 11, 2021 at 00:35
Simply put, to be a successful trader, I need to work with psychology as well as a good profitable strategy.
Membre depuis Nov 23, 2021   posts 34
Dec 16, 2021 at 12:57
You have properly summarized all that a trader should do. I know that we all have different journeys and we can pave our own paths. But keeping all this in mind can help us stay away from unnecessary risks.
Membre depuis Dec 14, 2021   posts 46
Dec 21, 2021 at 05:38
I think it is more important to be prudent about the risk that you are taking. You should not focus on winning the trade but instead focus on saving the trade by not allowing the risk to be more than the money you deposited to open a position.
Membre depuis Jun 12, 2021   posts 132
Dec 21, 2021 at 11:30
i have a simple question there is any difference between successful and professional trader ? its all about same or any major difference between two.
Membre depuis Aug 27, 2017   posts 994
Dec 21, 2021 at 13:40
according to me its all about same issue , no difference between two. successful trader and professonal trader know how to manage emotions and they neevr trade with no trading plan.
Membre depuis Aug 05, 2021   posts 401
Dec 21, 2021 at 16:32
Good tips
Membre depuis Jul 19, 2020   posts 788
Dec 21, 2021 at 23:13
Yes, it is very similar. Because the one who can be a professional trader can also be a successful trader. The key is trading formulas and plans.
Membre depuis Mar 28, 2021   posts 617
Dec 26, 2021 at 13:03
Newcomers shouldn’t focus on his winning trade percentage,
he or she always have to emphasis to minimize risk and never trade with emotions.
Membre depuis Nov 23, 2021   posts 24
Jan 03, 2022 at 11:56
Learning is the best tip to being a successful trader. Newly developed strategies and theories come out every second, so staying up to date with market news is essential. A great way to improve skills and gain experience is by trading on a demo account. Demo accounts offer the same features as a live account but with virtual money. This way, traders can experiment with new strategies without risking any real money.
Membre depuis Aug 27, 2017   posts 994
Jan 03, 2022 at 12:17
the successful trader is a trader who can predict the real faction of this market with certainly, and they know how to manage risk.
Membre depuis Jun 12, 2021   posts 132
Jan 04, 2022 at 07:32
the same mistake is not a mistake , its a own choice but in real situation we the traders always do same mistake again and again.
Membre depuis Mar 17, 2021   posts 536
Jan 06, 2022 at 17:24
Adribaasmet posted:
what you think guys there is any difference between a successful trader and a professional trader?
I think, You can not become successful without being professional.
Membre depuis Jun 26, 2020   posts 327
Jan 07, 2022 at 07:15
yes it is. first of all need a professionalism then have to be successful.
Membre depuis Jul 19, 2020   posts 751
Jan 10, 2022 at 04:41
Imamul posted:
if you want to be successful from this trading place first of all you have to keep patience because success is a long time process. so make patience and survive successfully.
The path to success isn't easy. For success, you require the right preparation, knowledge, and abilities. It is essential to invest time in learning capabilities. When you're skilled, your success will begin to show. Any new trader must concentrate on developing their skills
Membre depuis Dec 09, 2013   posts 139
Jan 10, 2022 at 09:01
PROFITINGSYSTEMS posted:
1. Develop a trading plan and always adhere to it.

2. Set stop-losses for every trade . ...

3. Don't risk more than 2% of your margin per single trade .

4. Keep your emotions separate from trading .

5. Never trade to compensate for your losses.

6. Only trade when you feel it's the right moment.

7. Don't be afraid of losses, every trader has them.

8. Try to achieve more profitable trades, and have less unsuccessful trades.
These are some terrific tips. Every single trader should know and follow them. Risking less than 2% and bracing losses are two most key points that traders should follow. Thanks for sharing this well written post.
Membre depuis May 14, 2019   posts 30
Jan 11, 2022 at 20:27
There are lots of tips which I can advice to a new trader in order to let him/her the opportunity to become successful. Actually, the main tip is to never give up and always strive for your purposes. It sounds quite corny, but in fact it;s like that in trading activity. Lots of traders give up the idea of earning money due to trading after they lose their first deposit, however they have to perceive this as their personal experience. They have to pay attention to mistakes which they made and try never make them again. It's the main tip I think. Moreover, you have to be really patient because trading takes lots of time.
Membre depuis Jan 13, 2022   posts 18
Jan 13, 2022 at 08:41
Sound trading plan, risk management and control over emotions are what make a trader successful.
Membre depuis Mar 17, 2021   posts 536
Jan 13, 2022 at 19:57
Felhagamand posted:
There are lots of tips which I can advice to a new trader in order to let him/her the opportunity to become successful. Actually, the main tip is to never give up and always strive for your purposes. It sounds quite corny, but in fact it;s like that in trading activity. Lots of traders give up the idea of earning money due to trading after they lose their first deposit, however they have to perceive this as their personal experience. They have to pay attention to mistakes which they made and try never make them again. It's the main tip I think. Moreover, you have to be really patient because trading takes lots of time.
Yes. you are right.
Membre depuis Jul 19, 2020   posts 751
Jan 16, 2022 at 06:24
The most successful trade is one that is in accordance with your plan. In order to open a trade, you need to have a plan to follow. Without a plan, we shouldn't trade.
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