Unellene
Uczestnik z Aug 01, 2021
283 postów
Sep 08 2021 at 13:19
I've seen so many advice for all the time, it's nice that people share such moments from personal thinking
Akasuki posted:Rightly said, i have seen people who possess good knowledge and everything but they are not able to control their emotions which make their trading worse.
Along with good knowledge and skills we also need a sound mindset. It's the trading psychology that makes the difference between successful and failure.
Nathan_Han001
Uczestnik z Jun 21, 2021
24 postów
Sep 24 2021 at 05:42
One tip or a suggestion i can give is never be greedy and take one step at a time.
Akasuki
Uczestnik z Mar 28, 2021
617 postów
Sep 30 2021 at 05:20
Skills and experience is very important for forex trading. Without being skilled it's not possible to survive in the market.
RobSchiz
Uczestnik z Mar 25, 2021
567 postów
Oct 01 2021 at 06:46
Nathan_Han001 posted:Greed is the most dangerous thing in this market.
One tip or a suggestion i can give is never be greedy and take one step at a time.
SteveHanks
Uczestnik z Mar 17, 2021
536 postów
Oct 03 2021 at 05:31
RobSchiz posted:I agree with you. It destroys a trader's career within a second.Nathan_Han001 posted:Greed is the most dangerous thing in this market.
One tip or a suggestion i can give is never be greedy and take one step at a time.
whitneytyler
Uczestnik z Jun 07, 2021
72 postów
Oct 04 2021 at 09:42
Trading psychology is one of the most important things to master in order to be a successful forex trader. Making the right decision under pressure is something that cannot be taught, you can only learn it.
There is a big amount of tips actually and it may take lots of time to describe all the tips. I can describe only several ones, which are the main in my opinion. The first tip of successful trading is never rushing. You know, sometimes traders go mad about huge amounts of money and it's strictly prohibited in trading activity as I think, because the brain always should be cold. You shouldn't let your emotions get you down and never let them take control over your mind. In my opinion, it's the most spread mistake. Of course, you can make some mistakes but try to avoid major ones.
Akasuki
Uczestnik z Mar 28, 2021
617 postów
Dec 09 2021 at 08:01
Hard work and continuous practice willmake a trader successful .He will become experienced in trading day . In forex we can nt get success in days Here need a lot of timeit means patience is also important for success.
RobSchiz
Uczestnik z Mar 25, 2021
567 postów
Dec 09 2021 at 19:26
whitneytyler posted:I agree with you. You have to take the right decisions at the right time to survive in this risky market.
Trading psychology is one of the most important things to master in order to be a successful forex trader. Making the right decision under pressure is something that cannot be taught, you can only learn it.
Seb King
(sebking1986)
Uczestnik z Apr 09, 2019
538 postów
Dec 10 2021 at 10:23
On point 1 I will say that understand early that you can take ideas from others but you can't take out the box ready made plans. You have to do the work to find what is right for YOU.
If you can't spot the liquidity then you are the liquidity.
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
AliaDare
Uczestnik z Jul 19, 2020
788 postów
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.
croisssan
Uczestnik z Jul 22, 2021
939 postów
Dec 11 2021 at 09:14
The main advice is to take the time to study. This is a really important aspect to work with. When I worked with a broker from Amarkets, I devoted enough time to training on a demo account.
skihav
Uczestnik z Sep 05, 2021
801 postów
Dec 12 2021 at 09:48
It is important to pay attention to learning and understand that this is the path to success.
Davidfx89
Uczestnik z Apr 19, 2021
201 postów
Dec 16 2021 at 11:12
actually there is no successful trader in this trading place at all because at the end of the day you are loser by trading and no one can avoid the losses despite of good knowledge.
LucianVince
Uczestnik z Nov 23, 2021
34 postów
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.
RobSchiz
Uczestnik z Mar 25, 2021
567 postów
Dec 17 2021 at 05:37
LucianVince posted:You need to gather all the basic knowledge and skills to become successful in this market.
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.
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.