tips for become a good trader?

Discussion in 'Forex' started by Mauwebluefinger, Sep 13, 2019.

  1. Hello there! Here are some tips that I recommend:

    1. You can try the School of Pipsology by Baby Pips is an excellent resource for beginners as it provides a structured curriculum
    2. As you learn the basics, start thinking about your trading method.
    3. Practice with Demo Accounts
    4. Once you have a trading method in mind, backtest it on historical price data.
     
    #461     Jun 20, 2023
    1. Know your go-to trading method (everyone has different preferences)
    2. Always have a reason to enter a trade, don’t just open a position randomly
    3. Do backtesting before implementing your strategy
     
    #462     Jul 10, 2023
  2. bublu

    bublu

    Back testing can be really helpful in learning how the markets are behaving but this does not ensure trends will stay the same as in the past.
     
    #463     Jul 21, 2023
  3. daanipd

    daanipd

    Just trust the proccess and dont give up. I just started being profitable once I started using algo
     
    #464     Jul 21, 2023
  4. people always looking for a simple solution for a successful trading , but this is fully insane attitude and there is no chance to survive successfully if anyone want to bring success by shortcut.
     
    #465     Aug 1, 2023
  5. thats a perfect line , really we have to believe that there is no short cut way of learning.
     
    #466     Aug 1, 2023
  6. good trader belongs from online they are not found in practically . this is really true fact
     
    #467     Aug 2, 2023
  7. this is the dark side of Forex trading .
     
    #468     Aug 2, 2023
  8. most of the famous traders in online are found to be scams , this is a true fact
     
    #469     Aug 2, 2023
  9. good trader never found at all , they born actually
     
    #470     Aug 3, 2023