I think every successful trader

According to me, successful trading comes with proper knowledge and determination.

Successful traders are very clear about the fact that losses are an inevitable part of trading. If you hear someone say they always win, they’re most likely exaggerating their success. Success is not measured in big short-term wins but trading consistently in the long-term.

The rule is simple: don't let your emotions and past losses get the better of you. Traders who stick to their strategies win the game every time.

@mattieharper Yes emotion and past memories can interfere in our trading decision. We should be careful about this. And trade on the basis of facts available.

Alexthetrader posted:
Successful traders are very clear about the fact that losses are an inevitable part of trading. If you hear someone say they always win, they’re most likely exaggerating their success. Success is not measured in big short-term wins but trading consistently in the long-term.

Successful traders choose to profit consistently. And you should learn from Mistakes to maintain this consistency.

The beginner should use demo account minimum for three months, sometimes many brokers organize demo contest with real money prizing. Newcomers can join here. It could be great to acquire real trading exeprince.

successful trader is a trader who always can predict the real faction of this market with certainly , to be a successful trader is a long time process. so need a good level of patience.

AndrewMcCalam54 posted:
successful trader is a trader who always can predict the real faction of this market with certainly , to be a successful trader is a long time process. so need a good level of patience.

There is never any certainty in the short term. Each trade is based on a probability of winning. The only certainty is the longer certainty that on average the probability is in your favour

every successful trader follow rules and discipline that helps them to focus and achieve what they want to.

Very often they fail in trading because they choose the wrong broker

@Faujinn It's not just the wrong broker that causes problem. Obviously wrong broker is a problem for trading. But along with a good broker, a traders need to have skills.

Successful traders never make the mistake of planning. And they always try to do research. If they ever make a mistake, they try to learn from it.

All successful traders started with no understanding at all. They learnt everything and especially learned from their mistakes. You and anyone can do the same

AntWalker posted:
All successful traders started with no understanding at all. They learnt everything and especially learned from their mistakes. You and anyone can do the same

Very true. We all start from nothing and because of our hard work and determination to be better, we made something for ourselves.

zvr564 posted:

AntWalker posted:
All successful traders started with no understanding at all. They learnt everything and especially learned from their mistakes. You and anyone can do the same

Very true. We all start from nothing and because of our hard work and determination to be better, we made something for ourselves.

Couldn't agree more on this buddy!

croisssan posted:
I absolutely agree with you. It should be understood that nothing really happens right away!

Exactly it's not get money instant policy. Trading always takes time to give you profit.

@Sarjohn Yes trading is not something to get rich overnight. It takes time to be successful. Trading needs good knowledge and skills. And it takes time to develop knowledge and skills.

Knowledge and skills can be acquired with a certain practice and a certain time.