To be a successful trader there are certain things that are compulsory and you have to know them first of all the basics first of all you have to know what is forex and how it works? after all you have understood these factors you have to know learn the technical and the fundamental analysis..then after you create a strategy that suits you the best you now have to try to implement it on a demo/virtual trading account know you have to see how the strategy works if it suits your type of trader you can try to implement it on a real/live trading account and try to earn money, it is easy to say all these but it is hard to implement strategies there are certain things that have to be followed if you need to implement the strategy that suits you the best-
1) You have control your emotions (GREED and Fear) it comes with experience.
2) You have to be disciplined you have follow your strategy to perfection.
3) You should be consistent while implementing your strategy.
4) You need to follow money management in order to know where to put the stop loss and take profit which are one of the most important thing while trading.
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Thread: Do you want to be successful?!
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10-05-2014, 01:02 PM #1
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Do you want to be successful?!
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12-05-2014, 03:25 PM #2
Yes, i want to be successful trader, i think all of traders in forex also want to be successful trader here. emotion is the first thing that we should remember to control it. We will not get maximal result in forex if we do not want to improve our trading skills to. Have a lot of money will not make us be successful traders in forex.
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26-05-2014, 08:10 AM #3
I believe forex trading can make us successful in life but I don't believe in short period of time. We need to be patient to learn how to trade well and successfully. It takes a lot of learning, patient and experiences. As long as we abide to the rules of trading, success will be on our way. Patient and perseverence are the keys to the road of success. do you want to trying no deposit bonus from FBS
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27-05-2014, 01:30 AM #4
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key to success in forex is that we have to learn, such as professional traders who have not given up their success by the state, do not rush to achieve a profit to the exclusion of risk factors for it to be balanced in our trading.
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27-05-2014, 02:58 PM #5
of course, learn to be very important in forex, with a lot to learn so we can get a good trading skills. so that we can maximize our capital. learning seriously indispensable.
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30-05-2014, 05:50 PM #6
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everybody who enters in the forex market wants to be a successful trader, but becoming one is very tough as well as it takes a long time to become a successful trader.
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31-05-2014, 09:22 AM #7
If we can keep on for this success for us from this Forex trading,then we will also get success from this Forex trading.We should not be frustrated for our decrease.If we provide your very best after getting a decrease from this Forex trading company then we will get success for us.
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03-06-2014, 01:11 PM #8
I think every trader would want to be successful in forex. but to be successful in forex we need a lot of skill and experience of trading. because success in Forex is not easy. too much risk there is in forex.kita need patience and discipline to be successful in forex.
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09-06-2014, 09:23 AM #9
I think so, we must increase the trading experience that we do to reduce risk in the forex business and achieve a success in forex trading. but traders need a protection scheme. one way is to use the FBS Deposit Insurance
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09-06-2014, 01:33 PM #10
certainly @kaito with ever increasing experience then we can increase our trading income. for that, we need to have plenty of time to be able to practice trading so that our skills will increase.
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