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Successful trading
Member Since Oct 07, 2020
20 posts
Member Since Aug 27, 2017
875 posts
Nov 11, 2020 at 07:04
(edited Nov 11, 2020 at 07:04)
Member Since Jun 01, 2020
52 posts
Jakemark posted:
Try to set a plan or a goal for yourself. You should also pay good attention to your money management and risk management techniques. Consistent hard work will also be beneficial.
Risk and money management are often neglected by those who are new. But neglecting this would cost a trader in long run. So, managing them is mandatory from the very beginning.
Member Since Oct 14, 2020
21 posts
Member Since Aug 27, 2017
875 posts
Member Since Aug 27, 2017
875 posts
Member Since Jul 23, 2020
816 posts
Jan 09, 2022 at 14:55
Member Since Mar 28, 2021
586 posts
To be successful in trading, one has to be proficient in candlesticks, technical analysis and psychological analysis of trading. It is essential to develop the skills needed to be able to discern the market. It's not easy. Be patient and study.
Jan 09, 2022 at 22:56
Member Since Apr 03, 2021
437 posts
Michihito posted:
Successful trading is the combination of so many things. First you need a professional mindset. Secondly you need a good strategy. You also need discipline, control over your mind, and a good plan.
Mindset helps much in our life, including in forex if we believe we can succeed in forex hence we will learn seriously, maybe face so many obstacles, but we never give up and keep learning better, in testing one trading strategy we can learn and explore trading strategy.
Member Since Jul 20, 2020
385 posts
Jan 10, 2022 at 07:44
Member Since Jul 20, 2020
385 posts
FXOday posted:Michihito posted:
Successful trading is the combination of so many things. First you need a professional mindset. Secondly you need a good strategy. You also need discipline, control over your mind, and a good plan.
Mindset helps much in our life, including in forex if we believe we can succeed in forex hence we will learn seriously, maybe face so many obstacles, but we never give up and keep learning better, in testing one trading strategy we can learn and explore trading strategy.
Persistence is so key. It is that drive that makes successful people who they are. Forex will test you and test you to the limit you just have to keep showing up each day.
Jan 10, 2022 at 08:09
Member Since Dec 09, 2013
138 posts
Michihito posted:
Successful trading is the combination of so many things. First you need a professional mindset. Secondly you need a good strategy. You also need discipline, control over your mind, and a good plan.
Yes, these are the things are needed to be successful. Thing is these can be read and learned in a minute but it takes hours of practice to be able to implement in the market accordingly.
Member Since Jun 26, 2020
323 posts
Jan 10, 2022 at 08:15
Member Since Jan 10, 2022
19 posts
Akasuki posted:
To be successful in trading, one has to be proficient in candlesticks, technical analysis and psychological analysis of trading. It is essential to develop the skills needed to be able to discern the market. It's not easy. Be patient and study.
Exactly!
And equal importance should be given to emotional management as well.
Member Since Aug 05, 2021
394 posts
Jan 10, 2022 at 15:31
Member Since Aug 05, 2021
394 posts
You need to be well-educated about trading, have a good trading plan, practice risk management, etc. AND have an account with a reliable broker with decent costs in order to truly be successful. Without one or the other, you're bound to fail.

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