How to become a successful trader?

the successful trader is a trader who can predict the real faction of this market with certainly, this is really a tough game

 

Discipline, consistency and knowledge makes you successful in the market. One should start with understanding the basics of forex in detail first in order to succeed.

 

A successful trader is not the one who wins all the trades but he wins more trades than he loses and makes good overall profits.

 

A successful trader is wise while making trades and is able to analyse the market properly and make trades accordingly.

 

successful traders know how to manage money when the market moves at random.

 

Knowing that your edge will play out
Using good money management
Waiting for the best setups
Optimization of good RR and let your SL and TP take care of the rest

 

to make sure a good money management need a powerful knowledge and experience , otherwise the result of trading can be useless.

 

this experience comes from a long time patience , otherwise no way

 

Befriend the market so nicely that they get an in-depth insight of the market.

 

To catch the trend of market, traders should analyze the market scritinizely. A good entry can never be taken without determining whether the market is in the uptrend or downtrend. So, try to turn the uncertainty into certainty by analysis. Both paid courses and free courses can be effective in this case.