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Why are some traders successful?

SteveFx11
Nov 19 2022 at 13:06
183 príspevkov
Frustration is trading arises when traders fail to earn on average or stick to profiting. And this frustration reaches such a level that makes trader commit suicide.
Eerid_219
Nov 21 2022 at 11:55
21 príspevkov
Traders who have skills and utilize them in trading, wins.
trickexist1
Nov 21 2022 at 16:43
6 príspevkov
successful traders are those that are lucky enough to have come across a strategy that actually works. There are so many bad strategies online that most of us end up using the losing ones
Marcolis
Nov 27 2022 at 13:04
219 príspevkov
Forex is a money market but don’t think it won’t only generate money for you but the scenario can be different too. And it happens in majority of the cases. Compile trading strategies with great prudence.
Cathedra
Nov 28 2022 at 06:46
36 príspevkov
I think strategic planning and execution work here. Plus, choosing the right trading strategies and platform, along with learning and practising on a demo account, is essential.
davesper
Nov 28 2022 at 12:03
134 príspevkov
I think that the success of a trader is rather an opportunity and even a trader's experience to go through difficult moments. For some reason, everyone thinks that trading is extremely simple, although this is not at all the case.
trickexist1
Nov 28 2022 at 14:30
6 príspevkov
Why are some people successful? Same as why some forex traders successful. If you're lucky enough to be smart and have money, you will be successful at anything. The rest of us just have to endure
Iconoplast
Nov 29 2022 at 06:57
29 príspevkov
Success comes through focusing on a strategy that works and refining them as and when required. Running after strategies leads to failure only.
tigerron
Dec 03 2022 at 08:22
26 príspevkov
davesper posted:
I think that the success of a trader is rather an opportunity and even a trader's experience to go through difficult moments. For some reason, everyone thinks that trading is extremely simple, although this is not at all the case.
Success comes from right mindset and consistency and how a trader survives in difficult market conditions. It's all upon our outlook.
Miguel Ramos (migwelo_)
Dec 03 2022 at 11:53
10 príspevkov
DavidWilks posted:
I think one of the most consistent things that helped me was always being objective, and never thinking you are too good to learn more.

Having a love of learning, and reading daily, always trying to improve.

I completely agree with you. Trading is an extreme mindset thing, If you aren't okay of failing and trying to fix where you went wrong and implementing new strategies than you will fail with trading. The problem with trading is that people think it's a get rich quick scheme when it's not and that's why people fail in trading
Miguel Ramos (migwelo_)
Dec 03 2022 at 11:57
10 príspevkov
SteveFx11 posted:
Frustration is trading arises when traders fail to earn on average or stick to profiting. And this frustration reaches such a level that makes trader commit suicide.

That's extremely true it does get frustrating but, If they want to be the trader. They have to go through that frustration and pain of failing to profit or struggle. It's crucial to not think emotionally when it comes to trading. If you keep trying enough and not focus on frustration or your losses all the time you'll be the best in trading.
Marcolis
Dec 05 2022 at 12:43
219 príspevkov
Traders feel unsatisfied when any broker delays sending their funds into the receiver’s account. But regulated and customer-dedicated brokers never create this scene with traders.
Marcolis
Dec 06 2022 at 11:33
219 príspevkov
Indicators make your analysis a bit more cogent and you should focus on this factor the most. Bollinger bands, moving average and Fibonacchi seem to be good indicators.
Meatus
Dec 12 2022 at 10:44
27 príspevkov
By focusing on risk management and trading psychology, a trader can become successful. Other factors, like choosing the right broker, the right indicators, and the right trading strategy, are crucial too.
binarysumo22
Dec 15 2022 at 05:54
40 príspevkov
Like most answers here, risk, money & time management is what helps traders profit from the risky market environment.
Salsitude
Dec 15 2022 at 11:04
47 príspevkov
Successful traders are those who have invested their time and efforts in learning all ins and outs of the market and trading. They are committed to continuous improvement and they do not fear having to learn from their mistakes.
jambeau
Dec 16 2022 at 10:32
51 príspevkov
Meatus posted:
By focusing on risk management and trading psychology, a trader can become successful. Other factors, like choosing the right broker, the right indicators, and the right trading strategy, are crucial too.
That’s right. These points are indeed crucial for a successful trading career. However, there is not a single recipe for success in the financial markets. As said “nothing worth is easily achieved”, trading is a long and arduous journey that requires diligent efforts.
almarose
Dec 20 2022 at 10:36
17 príspevkov
Salsitude posted:
Successful traders are those who have invested their time and efforts in learning all ins and outs of the market and trading. They are committed to continuous improvement and they do not fear having to learn from their mistakes.
Yes, even I have also closely seen this trait in experienced traders, learning never ends for them.
Headmaster
Dec 21 2022 at 08:17
29 príspevkov
I always believe that one's mindset and attitude can make one successful. If a trader faces losses in the market, they can consider looking deeper into the matter and why they are failing. A mentor can help them grow, but it isn't mandatory.
Vomitoryy
Dec 23 2022 at 11:39
56 príspevkov
Headmaster posted:
I always believe that one's mindset and attitude can make one successful. If a trader faces losses in the market, they can consider looking deeper into the matter and why they are failing. A mentor can help them grow, but it isn't mandatory.
I totally agree with you. It is one's skills and mental attitude that can make one successful. one can learn through books or courses about that.
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