'Successful trading' has different definitions for different people. When I speak to potential investors, they want 100% per month and no risk, we all know this doesn't exist. So you must define what is success for you, not losing, reaching a % return more than investing in bank, or a monthly target of 30% +?
Currently I am Monthly:33.89% with Drawdown: 2.22%, after much work I consider this success.....
Currently I am Monthly:33.89% with Drawdown: 2.22%, after much work I consider this success.....
May 21 2020 at 10:52
Just do a good money management and you are your way to being a consistence profiting trader, that is my technique.
Market Direction
I think a successful trade is when you get better every day than yesterday.
You have to constantly evolve and learn something new, then you just can't be unsuccessful. You'll work wisely and profit accordingly.
You have to constantly evolve and learn something new, then you just can't be unsuccessful. You'll work wisely and profit accordingly.
how long will it take one to be successful, what is really the success in trading, is it taking your profit at the end of every day, every trade, or every...
Imamul posted:
Successful trading is depend on most powerful analyzing trade knowledge , on the other hand , despite of good trading knowledge that’s not possible at all to lead a successful trading life at all if you don’t have a reliable support from a credible trading broker , because the broker can affects the result of our trading with certainly.
i think that in trading you need to have patience good strategy and make small calculated risq
NEC ASPERA TERRENT
In any business, profit is a measure of success. And even more important is a stable profit. So, if you get a stable percentage of profit within at least six months - I can consider such a trader successful.
May 25 2020 at 19:16
Landakus posted:I was made to trade succefully in my first firm for two years stable profits to be called as successful trader
In any business, profit is a measure of success. And even more important is a stable profit. So, if you get a stable percentage of profit within at least six months - I can consider such a trader successful.
Market Direction
(Practice makes a man perfect) Successful trading depends upon your trading style, practice, knowledge. You should always observe proffesional traders how and when they buy and sell apart from this a trader should always do market analysis before entring into any trade and should have patience in executing the trade, most importantly is to have prpoer money and risk managemet.Never invest whole money in one go otherwise you may bear huge losses if market is not in favour. Observe, analyse, think and then invest.
005500 posted:Well said!
(Practice makes a man perfect) Successful trading depends upon your trading style, practice, knowledge. You should always observe proffesional traders how and when they buy and sell apart from this a trader should always do market analysis before entring into any trade and should have patience in executing the trade, most importantly is to have prpoer money and risk managemet.Never invest whole money in one go otherwise you may bear huge losses if market is not in favour. Observe, analyse, think and then invest.
Jun 03 2020 at 16:43
According to my personal trading experience, Price Action trading system is the best. It’s the most flexible one! Since you can use any kind of trading instrument here including crypto’s.
For the trade to be successful, you do not need to chase big money right away.
Jun 30 2020 at 07:31
Just keep making a consistent profit while staying in control to your emotions
Successful trading depends on your training.
Jul 02 2020 at 07:13
Andronn posted:
Successful trading depends on your training.
And Knowledge,Experience and your personality traits too.
Jul 03 2020 at 02:21
Successful trading depends on your ability to see high probability pattern set-ups which can be attained through extensive experience or backtesting, and tracking & review of trading statistics.
Day after day I pray the market away
There’s no secret key to achieve success in trading. You just have to be consistent with your attempts and should be ready to face any kind of results. I would also suggest not to take your decisions emotionally as it might cause you to neglecting some important factors that can affect your trade.
Jul 06 2020 at 10:59
Enyinnaya posted:Risk management has helped me as well to maximize profits
Understanding risk management and how to calculate proper Lot size is very important as well. That has saved me from some big losses
Jul 16 2020 at 07:42
Successful trading depends on commitment and hardwork.
Oct 23 2020 at 02:02
Maintaining discipline is very important for successful trading. Without discipline, it is not possible to create a profitable strategy. Many traders are not able to make a profit by trading for a long time because their trading discipline is very weak. Successful trading is possible with proper money management and risk management.
