tips for become a good trader?

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

  1. Good advice, but you should always listen to yourself.
     
    #51     Jun 16, 2020
  2. kroxobor

    kroxobor

    Have you tried babypips pip school or YouTube free webinars? They offer good introduction, although its really the very basics.
     
    #52     Jun 16, 2020
  3. i think successful trader or experience trader its all about same , both have most powerful analyzing trade knowledge and they know how to manage money when trading.
     
    #53     Jun 17, 2020
  4. To become a good trader, you need to start from the basics. Understand the trading basics and then move on to learning the advanced basics. It is also important to have an understanding about the trading techniques. Attend the demo and start with live accounts to begin gaining some experience. For being a good trader, you should always be open to learning and should seek guidance when necessary. Along with this, make sure you keep evaluating your progress.
     
    #54     Jun 17, 2020
  5. basic level of learning is most important for beginners level , but in practical life they always ignore learning approach, as a result they fall a great losses and ultimately blame this market place.
     
    #55     Jun 18, 2020
    Elly9 likes this.
  6. Elly9

    Elly9

    That's the sad reality. People are reluctant to learn more and more and simply want profits to flow in without much effort.
     
    #56     Jun 18, 2020
  7. yes they want like this , and they also willing to blame this market place when become loser by own mistake .
     
    #57     Jun 19, 2020
  8. Sekiyo

    Sekiyo

    #1 Don’t be a sucker.
    Don’t trade without an edge.
    Don’t risk more than optimally.
    Don’t trade what you do not see.
    Don’t risk what you don’t understand.
    Think in terms of probability not certainty.
    Think in terms or risk not in terms of winning.
    Don’t think short term. Don’t focus on this trade.

    Do everything to maximize your bankroll’s rate of growth.

    Do everything to minimize your risk of ruin.
    Do everything to min(Risk) and Max(Reward).

    To filter is easier than to amplify.
    Fix mistakes. Improve. Adapt.
    Take it very seriously.

    It’s a business.
    Not a game.

    Try different underlyings, markets and approach.
    Find something you like and perform better.
     
    #58     Jun 19, 2020
    Louis_tr and _terminus_ like this.
  9. practice is the best solution to be a good trader but the main problem to keep continue , because regular practice is really tough , need a cool mind with great patience.
     
    #59     Jun 21, 2020
  10. bublu

    bublu

    Practice, focus and discipline brings fruitful results.
     
    #60     Jun 26, 2020