How to become a successful trader?

Success doesn't come easily in forex and it requires time. Since I was short on time and had no trading experience, I started copy trading. Based on my experience I can tell you that copy trading is a reliable way of trading in forex.

 

It's important to note that becoming a successful trader requires a lot of time, effort, and dedication. However, some general tips for becoming a successful trader include:

1. Develop a solid trading plan
2. Continuously educate yourself
3. Keep emotions in check
4. Stay disciplined
5. Keep a trading journal
6. Be patient and persistent
7. Manage risk using risk management strategies like stop loss.

 

This sounds funny, but true. Anyways there lessons to be learned everywhere in the market.

 

Copy trading is indeed a reliable way to trade in forex. I too follow traders on zulutrade and it's been a good experience. How about you, have you been making the returns you expected with copy trading? Also, which platform are you using?

 

I feel only with in depth knowledge we can get success because that only develops our skill. It really worked for me.

 

success is a big deal in this market place , need a powerful trading knowledge with a great support from a credible trading broker.

 

Honestly I have been really skeptical about this over the years, but hearing you say this and from others makes me want to change my mind.

 

what

what you think there is any difference between money and risk management ?

 

its all about to avoid unfortunate risk and losses , nothing a major difference between two.

 

According to me in order to protect your money loss a trader should always use risk management strategies.