Mar 26 2021 at 11:43
UweMoench posted:it takes time
To shine in forex you require a professional attitude and aptitudes. Without capacities consistent profit isn't possible. Most traders neglect this essential thing. They continue running for strategy without making themselves capable.
May 06 2021 at 09:33
To shine, you need confidence, set of good skills and a suitable broker.
May 06 2021 at 12:57
RobSchiz posted:Tremblay posted:Yes. You are right. To make a good trading career, you need to have proper knowledge and skills about the market.
Trading requires specific skills and knowledge. If trading were such easy, everyone would be rich by doing it. You have to understand that it takes years to get skilled in trading. There is no short cut. You have to give enough time in learning.
Definitely agree. You need more perseverance than anything. You need to accept that things will not be smooth but it will improve over time
May 06 2021 at 16:39
ethelaguilar posted:Need to keep a professional trading mindset. When I trade as a beginner trader, I have to learn a lot and create a professional trader mindset.
Yes, professional attitude and the right trading mindset is something every trader should try to adopt.
May 08 2021 at 13:28
It is possible to make million out of forex only in the event that you have sufficient skills and expertise. And to receive enough abilities it requires years. Don't get frustrated. This is the fact. I'd recommend newbie to understand candlestick, technical analysis and trading psychology.
May 08 2021 at 13:36
@Akasuki Without trading knowledge, making money is not possible. One requires very deep comprehension of the market. Most novices make the error of not focusing on understanding. They concentrate on earning without understanding. And lose the amount on constant basis.
May 10 2021 at 10:32
Forex market place is a part of ocean where there is anyone who can survive in a proper way without most powerful analyzing trade knowledge; if you are a newcomer please go to Babypips School which is very supportive for the newcomers to acquire all fundamental knowledge. And trade a demo account at any broker, learning and practicing is a great combination and this can will help you must be if you try it.
May 10 2021 at 10:51
for shining one needs to be disciplined and focussed on what and when to do
May 13 2021 at 11:54
Practice and experience is what will help you shine in forex. That has given me great results atleast :D
May 13 2021 at 16:42
Patience, discipline and never giving up
Experience is the hardest teacher because she gives the test first, the lesson afterward.
May 14 2021 at 10:10
Never stop learning and analyse EVERYTING
May 15 2021 at 08:30
Knowing simply the basics won’t suffice. When I first created a demo account after doing a half-baked course on trading, I thought I had the ground covered and went live after a week on demo trading. Obviously i lost all my money. So no, only basic knowledge will not do.
Polishing, or “shining” of skills is so important.
Backtesting is important.
Consistent rework on trading plans is important.
Because when I restarted my trading career with the same broker and the same platform, but with a different approach, I saw profits.
So there’s no room for complacency in trading, practice and practice more!
Polishing, or “shining” of skills is so important.
Backtesting is important.
Consistent rework on trading plans is important.
Because when I restarted my trading career with the same broker and the same platform, but with a different approach, I saw profits.
So there’s no room for complacency in trading, practice and practice more!
May 15 2021 at 09:26
Practice is very important for every trader to build a good career in this market.
May 16 2021 at 07:33
You can really learn the theory and think that you can easily trade. But in practice, it turns out a little differently.
May 17 2021 at 12:28
FedericoLin posted:Good and simple advice. Appreciate it.
Patience, discipline and never giving up
May 30 2021 at 13:00
Knowledge becomes successful only when we can apply it properly. Execution is essential. A lot of individuals can't execute their knowledge due to absence of discipline and plans.
May 31 2021 at 06:43
To shine in the forex, along with knowledge, discipline and patience, traders should keep in mind the following points as well:
-Choose and test a consistent trading strategy.
-Set a risk/reward ratio to 1:2 or higher.
-Set realistic profit targets.
-Avoid the use of high leverages.
-Do not invest more than 5% of trading capital on each trade.
-Keep a trade journal.
-Do regular market research.
-Choose and test a consistent trading strategy.
-Set a risk/reward ratio to 1:2 or higher.
-Set realistic profit targets.
-Avoid the use of high leverages.
-Do not invest more than 5% of trading capital on each trade.
-Keep a trade journal.
-Do regular market research.
May 31 2021 at 07:20
eddieteddie posted:Agreed to your all points, these will definitely help each and every trader here.
To shine in the forex, along with knowledge, discipline and patience, traders should keep in mind the following points as well:
-Choose and test a consistent trading strategy.
-Set a risk/reward ratio to 1:2 or higher.
-Set realistic profit targets.
-Avoid the use of high leverages.
-Do not invest more than 5% of trading capital on each trade.
-Keep a trade journal.
-Do regular market research.
May 31 2021 at 07:50
Trading is an art, and the only way to become proficient is through consistent and disciplined practice.
May 31 2021 at 10:21
To shine and be successful in forex you always need to learn the basics of forex first and must understand the forex completely.
