tips for become a good trader?

experience is really important , no way to deny but to acquire good knowledge and experience traders need to pass a long time in there.

 

first of all we have to know what actually good trading , the good trading comes from exact trading knowledge with powerful money management . and the good trader knows how to manage his emotions when trading in practical. this is the foremost difference between general and food trader.

 

Basic trading knowledge and practice is required to be a good trader.

 

Best tip- Risk Only What You Can Afford to Lose

 

basic knowledge is most important but besides this it is more appropriate to trade in a demo account.

 

Yes I agree with you, practcing on a demo account is also important.

 

but the knowledge we get from our demo account , actually not works when trading in a live. this is a sad reality of this market place.

 

I believe we should begin trading with only discretionary income as when we’re a beginner at trading we need to be mindful about our implementation of strategies and knowledge in Forex.

 

Always prefer practising trading enough on the demo acccount before trading live on the live market.

 

Always trade using proper risk management. Never neglect the importance of using strong risk management.