To be a gainer

Dec 21, 2020 at 12:12
1,097 Views
17 Replies
Member Since Jul 19, 2020   749 posts
Dec 21, 2020 at 12:12
The person who has proper knowledge and skills of trading would be gainer. You need good psychology, good money management system and good trading strategy. For all these you need to study a lot. You have to study both different resources and the market itself.
Member Since Jul 19, 2020   742 posts
Dec 22, 2020 at 01:10
If discipline and trading psychology are not properly maintained, it will never be possible to succeed in trading. And risk reward and money management must be followed.
Member Since Jul 20, 2020   286 posts
Dec 22, 2020 at 02:19
Trading Psychology and Money Management can perfect trading strategies. As a trader, I try to maintain money management and risk rewards.
Member Since Nov 12, 2020   19 posts
Dec 30, 2020 at 03:43
I agree. Good psychology, a trading mindset and the necessary skills and knowledge are really important if one has to succeed and make profits.
Member Since Jul 19, 2020   310 posts
Dec 30, 2020 at 09:40
Greed is the cause of destruction. It leads to over trading and unnecessary trading. Profit target should be logical and also should match with skills. If I have ability to get 50 pips, my expectations should not more than that.
Member Since May 11, 2020   74 posts
Jan 13, 2021 at 11:52
Good psychology is a very indicator of understanding and calming your mind before trading. But that is not it, you will need to have a very good management when it comes to risk and money so that you can minimize the losses and maximizing the profit.
Also, a good strategy can sometimes fails due to volatility of the markets, but if you have been able to put in good use of money management, then it should be fine.
Member Since Jul 27, 2020   99 posts
Jan 14, 2021 at 07:33
reggae posted:
Good psychology is a very indicator of understanding and calming your mind before trading. But that is not it, you will need to have a very good management when it comes to risk and money so that you can minimize the losses and maximizing the profit.
Also, a good strategy can sometimes fails due to volatility of the markets, but if you have been able to put in good use of money management, then it should be fine.

Very true and on point.
Member Since Dec 03, 2020   16 posts
Feb 08, 2021 at 05:03
Exactly! Knowledge is the key for trading well. Without it, there is no chance for a trader to make any money in the market.
Member Since Nov 19, 2020   96 posts
Feb 08, 2021 at 05:53
To be a gainer here, one must be a great learner and be able to apply his/her knowledge is doing the best in the market. The market conditions change for all, volatility affects all, but who win are the ones who are able to manage the market conditions well, as per their plans, skills and knowledge.
Member Since Jan 22, 2021   126 posts
Feb 11, 2021 at 09:28
To be a gainer, you must have experienced the failures also. As a trader you must have seen both sides. Try to acquire new skills for trading successfully.
Member Since Nov 05, 2020   49 posts
Feb 12, 2021 at 06:09
When certain experience comes to us, we develop our own trading rules that relate specifically to our character from our trading system
Member Since Feb 04, 2021   32 posts
Feb 12, 2021 at 11:45
It’s true that knowledge is the key, but to have success, you must be consistent throughout the journey.
Member Since Jul 23, 2020   696 posts
May 07, 2021 at 17:31
forexminded posted:
It’s true that knowledge is the key, but to have success, you must be consistent throughout the journey.

Without practice every knowledge is useless. So, practice is also needed.
Member Since Mar 28, 2021   586 posts
May 08, 2021 at 13:20
Yes attaining knowledge and getting proficiency isn't simple. Actually it requires a very long time to get skills and many individuals aren't eager to provide time for gaining knowledge. Unfortunately they could squander time to get nothing.
Member Since Jul 19, 2020   749 posts
May 09, 2021 at 11:00
Most traders don't get success since lots of them are not skilled enough. And many are servant to their feelings. They take decision with their feelings.
Member Since Aug 27, 2017   875 posts
May 10, 2021 at 16:16
According to my personal trading experience, Price Action trading system is the best. It’s the most flexible one! Since you can use any kind of trading instrument here including crypto’s.
keeping patience.......
Member Since Jul 19, 2020   742 posts
May 10, 2021 at 16:44
Adribaasmet posted:
According to my personal trading experience, Price Action trading system is the best. It’s the most flexible one! Since you can use any kind of trading instrument here including crypto’s.

Yes, you are right. Price Action Best Trading Idea. This strategy has a high percentage of profit.
Member Since Mar 28, 2021   586 posts
Dec 30, 2021 at 08:21
Only those people who have learned and practice well in forex would be able to make good profit in forex. Others would just try to earn by luck and would usually have more losses than profit.
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