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Thread: How to became a success full trader in forex market ?

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    Post How to became a success full trader in forex market ?

    You can be a successful trader if you do some work
    Here is it
    Have a look ......

    1. You have to educated
    2. You have determined
    3. You have to control your mind
    3. You have use money management rules
    and so on

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    In my opinion the key to success as a trader is to have a good knowledge about forex, experienced in running and discipline. Knowledge is very important because without the knowledge of the person is not going to run a business. So is the experience, the experience of its good times of current profit or loss it suffered a trader can make that experience as a lesson to evaluate everything that has been done.

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    To be a good trader you must learn forex and improve your knowledge because knowledge is the key of success and without knowledge you can be a good trader. you should practice on demo account and do proper money management, always avoid to greed and never lose your patience.

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    to become a successful trader in forex market a person must need forex leaning and practice .without it a person will not be able to successful in forex market.

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    there is only one way that i know of or have been able to observe in my two years experience in the market and that only way is to make sure that you learn forex trading as much as you can and then you practice it as much as you can on the demo account to make sure that you have gained the practical knowledge of the market.

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    thanks for you post.I think For become a successful trader we need to learn trading properly.After learning we need to trade in a good trading plan.I am a Forex trader and i become a successful Forex trader.

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    you learn forex trading as much as you can and then you practice it as much as you can on the demo account to make sure that you have gained the practical knowledge.

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    we can improve our skills by the passage of time but if we do more and more practice on the demo account and learn new things then we can easily improve our skills in this business.

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    you need experience and you have to controle you emotion and dont be greedy

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    Elder Analyst adelvalle's Avatar
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    Hello fellow good afternoon, if you have to leave greed aside greed should not see at all is a very strong enemy that leads to failure to complete loss of money. is very important to care for your capital. control emotions is very important to remain calm, tranquility. these points very encuenta them.

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    If you want to be successful trader then follow these --

    1 money management
    2 perfect strategies
    3 perfect risk management

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    Market Maker cool user samurai3x's Avatar
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    Quote Originally Posted by anik roy View Post
    You can be a successful trader if you do some work
    Here is it
    Have a look ......

    1. You have to educated
    2. You have determined
    3. You have to control your mind
    3. You have use money management rules
    and so on
    You should have money as capital, no money then there is no money management.
    And psychological control is the most important thing, because many traders fail because it is caused by poor psychological control. So not only control the mind as you say, but also psychological control is important and you should put in point 1.

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    Elder Analyst adelvalle's Avatar
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    whether to learn a lot more and more everyday. persevere in the learner's because it is not easy. sometimes we think we know everything but do not. resultaqe take much study as if we estudiand a university. discipline and dedication. that simple

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    If anyone want to became a successful forex trader for it to need some activity of the traders life. These are very important . 01. Learn about forex book . 02. Learn about forex technical and fundamental analysis. 03. Learn about the system of forex trade and 04. Practice of forex trade from real account with a small lot of trade. If a trader is to do follow it , that trader will become a successful forex trader day by day.

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    I think if you want to get the success in the forex trading then you will need to have follow these step in the trading.

    1 you have learn the knowledge of the trading and good practice in the demo trading

    2 manage the capital well

    3 trade with planning and try to make the discipline in the trading.

    4 Analysis the market and then open the position

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