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Why are some traders successful?

forex_trader_3132761
Členom od Jan 04, 2023
4 príspevkov
Jan 05, 2023 at 11:16
Členom od Jan 04, 2023
4 príspevkov
KAnthony posted:
hi all. i'm newbie and dont know much things. but i prefer to think experience makes trader profitable. a lot of experience. and quick reaction too.
Experience is Always the best teacher.
Členom od Feb 06, 2022
1 príspevkov
Jan 05, 2023 at 11:31
Členom od Feb 06, 2022
1 príspevkov
Tectiform posted:
This is such an insightful post. It is true that every trader has to face some challenges before they become profitable or successful in the long run. The willingness to learn and determination to keep trying until they reach success gives them an edge. Trading will never be easy and one should not give up on trading just because they are going through tough times. We must keep on trying and success will come to us sooner or later.
Členom od Jun 26, 2020
323 príspevkov
Jan 06, 2023 at 08:36
Členom od Jun 26, 2020
323 príspevkov
the people who ae already successful they are more self committed compare to general people . that is very clear message.
Členom od Oct 29, 2022
1 príspevkov
Jan 10, 2023 at 11:49
Členom od Oct 29, 2022
1 príspevkov
Trading is a style. Positive if u are in,you are favoured but negatively,if you are in it ,minimize risk and apply patience options
Členom od May 20, 2019
8 príspevkov
Jan 10, 2023 at 18:13
Členom od May 20, 2019
8 príspevkov
All successful traders are alike - use fundamental and technical analysis, risk management. All unsuccessful traders lose in their own way

forex_trader_3132761
Členom od Jan 04, 2023
4 príspevkov
Členom od Apr 03, 2021
437 príspevkov
Jan 15, 2023 at 22:50
Členom od Apr 03, 2021
437 príspevkov
Forex trading risky business, success in the forex industry, not all traders will be successful without learning and hardworking, maybe we often hear more than 90% of traders lose money in forex, and only 5% traders make money from forex, but we hope will become part of 5% profitable trader
Členom od May 02, 2022
37 príspevkov
Jan 16, 2023 at 12:20
Členom od May 02, 2022
37 príspevkov
FXOday posted:
Forex trading risky business, success in the forex industry, not all traders will be successful without learning and hardworking, maybe we often hear more than 90% of traders lose money in forex, and only 5% traders make money from forex, but we hope will become part of 5% profitable trader
I agree. For being successful you need a well-defined strategy which has a positive expectancy of outcomes and you need to apply this strategy consistently.
Členom od Apr 04, 2019
10 príspevkov
Jan 16, 2023 at 13:37
Členom od Apr 04, 2019
10 príspevkov
The successful traders are those that spend the time to learn how to trade and are not focus on getting rich quick. It may take years but better to slowly make money than quickly lose it all
Členom od Jan 12, 2023
20 príspevkov
Jan 18, 2023 at 06:31
Členom od Jan 12, 2023
20 príspevkov
Success in forex comes with disciple, consistency and good strategy.
Členom od Jan 19, 2023
19 príspevkov
Jan 20, 2023 at 09:56
Členom od Jan 19, 2023
19 príspevkov
I suppose It come down to having a good entry and exit strategy, aswell as being aware of market conditions, being patient and having self control.
Členom od Aug 17, 2022
79 príspevkov
Feb 16, 2023 at 04:55
Členom od Aug 17, 2022
79 príspevkov
In trading in order to be successful one should have enough patience and skills and that is built with only practice.
Členom od Jan 23, 2023
18 príspevkov
Feb 17, 2023 at 12:22
Členom od Jan 23, 2023
18 príspevkov
electrica333 posted:
In trading in order to be successful one should have enough patience and skills and that is built with only practice.
Yes, I agree with you. Demo trading is best for practising trades.
Členom od Apr 03, 2021
437 príspevkov
Feb 19, 2023 at 21:57
Členom od Apr 03, 2021
437 príspevkov
It is a common thing there is different result in each other in many businesses, the profession could be the same, but, the result will be different, in forex trading, although two traders use the same trading strategy the end result could be different, there is another factor the cause like psychology, time to enter, slippage, etc.
Členom od Aug 10, 2021
18 príspevkov
Feb 22, 2023 at 22:28
Členom od Aug 10, 2021
18 príspevkov
Sometimes it seems to me that some traders have very strong intuition, and it cannot be learned.
Členom od Sep 07, 2020
70 príspevkov
Feb 28, 2023 at 11:31
Členom od Sep 07, 2020
70 príspevkov
For me, knowledge and experience - I truly believe that successful forex traders often have a deep understanding of the markets they trade in, as well as a wealth of experience in trading.
Členom od Aug 19, 2022
42 príspevkov
Mar 03, 2023 at 13:55
Členom od Aug 19, 2022
42 príspevkov
For every experienced trader comes a new stage in life, when he begins to receive investments from those who also want to make money.
Make money with people who know how to make money.
Členom od Oct 06, 2021
14 príspevkov
Mar 07, 2023 at 06:32
Členom od Oct 06, 2021
14 príspevkov
Being in an industry for a long can help them to overcome the struggle they faced while trading, this can help them to become more prone to the changes and accepting the challenge to be better.
Členom od Mar 03, 2023
15 príspevkov
Mar 24, 2023 at 11:32
Členom od Mar 03, 2023
15 príspevkov
Francisca33 posted:
To be a successful trader, there are several factors that come into play. One of the most important factors is having a thorough understanding of the market and the ability to use data and analysis to make informed decisions. In addition, successful traders tend to have a strong sense of discipline and effective risk management techniques that allow them to limit losses. By combining these factors, traders can increase their chances of success in the highly competitive world of trading.
How can one become more discipline?
Členom od May 20, 2022
3 príspevkov
Mar 24, 2023 at 13:11
Členom od May 20, 2022
3 príspevkov
LeslieRuiz posted:Francisca33 posted:
To be a successful trader, there are several factors that come into play. One of the most important factors is having a thorough understanding of the market and the ability to use data and analysis to make informed decisions. In addition, successful traders tend to have a strong sense of discipline and effective risk management techniques that allow them to limit losses. By combining these factors, traders can increase their chances of success in the highly competitive world of trading.
How can one become more discipline?
Stick to your trading strategy

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