How to become a successful trader?

Discussion in 'Forex' started by Coner1980, Jan 21, 2021.

  1. the successful trader is a trader who can manage his risk ratio . because every faction in this trading place is risky and no one can predict the market with certainly.
     
    #201     Aug 20, 2022
  2. Faye_568

    Faye_568

    It takes a lot of patience and learning. Many beginners become impatient, which is why achieving success becomes difficult.
     
    #202     Aug 22, 2022
    KCalhoun likes this.
  3. regular practice and ongoing learning are what really help in becoming a good trader.
     
    #203     Aug 31, 2022

  4. To be a successful trader, you must remain updated with the current market dynamics and develop you're accordingly. You must be consistent and have good risk management skills.
     
    #204     Aug 31, 2022
    murray t turtle likes this.
  5. %%
    THERE is/ coffee. May not work in Forex, traderCo1980; TRY investing also \some times it does better than trading, not forex, try ETFs.................................................................:caution::caution:
     
    #205     Aug 31, 2022
    zghorner likes this.
  6. zghorner

    zghorner

    Lol I gave up coffee recently. Got badly addicted while in the oilfield and it got so bad that I was drinking on average 1/2 gallon a day of bold coffee out of a French press. Switched to yerba mate and matcha green tea now and glad I did.
     
    #206     Aug 31, 2022
    KCalhoun and murray t turtle like this.
  7. Sekiyo

    Sekiyo

    You become successful when you've overcome all obstacles.
    Go through all mistakes at least once and learn from it.
    There is no magic pill ... Takes time to learn this shit.

    Learning can be sped up if you find the great minds,
    The ones that make it, decade after decade.

    Heard some Market Wizards went out of Business,
    Hard to make it in the books. Even harder to make it in life.

    It can be done, though.
     
    #207     Aug 31, 2022
    Leob and murray t turtle like this.
  8. Those who have taken Forex trading as a career should trade here very carefully. They should maintain proper guidance of trading so they can become profitable. Amount of investment isn’t a big deal if you have enough trading experience.
     
    #208     Sep 2, 2022
  9. the successful trader is a trader who can make sure the perfect money management , otherwise the result of trading cold be the worst things.
     
    #209     Sep 3, 2022
  10. making money management is a good thing and really challenging , but the main problem is its a long time issue , so trader fall a great trouble as a beginner.
     
    #210     Sep 3, 2022