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Tips To Being A Successful Trader
Členom od Jul 23, 2020
696 príspevkov
Aug 07, 2021 at 16:30
Don’t be greedy and be patient.
Členom od Jul 23, 2020
816 príspevkov
Sep 01, 2021 at 21:23
Spends at least 5 months in a demo account before moving into a real account.
Členom od Dec 28, 2020
167 príspevkov
Sep 03, 2021 at 06:29
Unellene posted:
the main thing is to gain experience from each mistake and understand what needs to be corrected in your work, then there will be progress
Exactly, practice on demo, learn from your mistakes and do not repeat that mistakes.
Členom od Mar 17, 2021
494 príspevkov
Sep 03, 2021 at 08:42
Sarjohn posted:Unellene posted:
the main thing is to gain experience from each mistake and understand what needs to be corrected in your work, then there will be progress
Exactly, practice on demo, learn from your mistakes and do not repeat that mistakes.
Practicing is very important. It helps a trader to improve the skills and ability.
Členom od Feb 20, 2021
51 príspevkov
Sep 03, 2021 at 09:24
It’s completely okay to make mistakes in the market because that’s what teaches you the most important trading lessons. Risk a small amount if you are not sure about the market or your strategy. And when you get an idea of what is happening, you can gradually increase the amount.
Členom od Dec 28, 2020
167 príspevkov
Sep 06, 2021 at 06:14
SteveHanks posted:Sarjohn posted:Unellene posted:
the main thing is to gain experience from each mistake and understand what needs to be corrected in your work, then there will be progress
Exactly, practice on demo, learn from your mistakes and do not repeat that mistakes.
Practicing is very important. It helps a trader to improve the skills and ability.
Yes after having good knowledge and skills you can make good profit.
Členom od Mar 28, 2021
586 príspevkov
Sep 06, 2021 at 07:17
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.
Členom od Jul 19, 2020
749 príspevkov
Sep 06, 2021 at 07:57
To be a successful trader, you have to give time in learning and developing skills. You need to how to read charts when to take entry and how control your mind.
Členom od Sep 10, 2021
17 príspevkov
Sep 24, 2021 at 05:17
Akasuki posted:
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.
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.
Členom od Jun 21, 2021
21 príspevkov
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.
Členom od Mar 28, 2021
586 príspevkov
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.
Členom od Mar 17, 2021
494 príspevkov
Oct 03, 2021 at 05:31
RobSchiz posted:Nathan_Han001 posted:
One tip or a suggestion i can give is never be greedy and take one step at a time.
Greed is the most dangerous thing in this market.
I agree with you. It destroys a trader's career within a second.
Členom od Jun 07, 2021
70 príspevkov
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.
Členom od Oct 15, 2020
10 príspevkov
Nov 12, 2021 at 12:43
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.
Členom od Mar 28, 2021
586 príspevkov
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.
Členom od Apr 09, 2019
516 príspevkov
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.
Členom od Aug 19, 2021
7 príspevkov
Dec 10, 2021 at 15:56
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
Členom od Jul 19, 2020
742 príspevkov
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.
Členom od Nov 23, 2021
34 príspevkov
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.
Členom od Dec 14, 2021
46 príspevkov
Dec 21, 2021 at 05:38
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.
