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Thread: What are the requisites to become successful in trading?

  1. #73
    Member vicky will become famous soon enough vicky's Avatar
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    Quote Originally Posted by anubhavsingh View Post
    money management is very important in forex trading
    It means you hsould properly have a plan that how much you have to invest in trading from your savings and in trading, which lot and how many lots should you trade at a time..
    Forex trading is all abouit money management and time managemnt
    Money management is one of the step to save our capital and if we unable to do it then its really hard to manage our capital because then we will not have any plan. anyway money management and good trading plan can give us significant profit .

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  2. #72
    Senior Member mayengbam is a splendid one to behold mayengbam is a splendid one to behold mayengbam is a splendid one to behold mayengbam is a splendid one to behold mayengbam is a splendid one to behold mayengbam is a splendid one to behold mayengbam is a splendid one to behold mayengbam is a splendid one to behold mayengbam's Avatar
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    Quote Originally Posted by dead View Post
    really all what you convey because somehow we need the name of trade conditions that are conducive to helping us better concentration and focus
    i was talking about the environment/surrounding conditions of your room and about the room itself. There are some people who can concentrate even in noisy conditions but in general most of the people aren't able to concentrate in busy/noisy environments and it can hamper in the trading process. And one also need a separate room for trading because if anyone, may be kids, family members or friends keep disturbing you every now and then about petty matters then it will be quite irritating and obviously it will be reflected in the trading itself which i not good.
    Pliz do comment here if you like the post

  3. #71
    Senior Member anubhavsingh has a reputation beyond repute anubhavsingh has a reputation beyond repute anubhavsingh has a reputation beyond repute anubhavsingh has a reputation beyond repute anubhavsingh has a reputation beyond repute anubhavsingh has a reputation beyond repute anubhavsingh has a reputation beyond repute anubhavsingh has a reputation beyond repute anubhavsingh has a reputation beyond repute anubhavsingh has a reputation beyond repute anubhavsingh has a reputation beyond repute anubhavsingh's Avatar
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    Quote Originally Posted by pipsdragon View Post
    yups, do not forget to use money management if you not want to burn all yours money.. just advice from a newbie..
    money management is very important in forex trading
    It means you hsould properly have a plan that how much you have to invest in trading from your savings and in trading, which lot and how many lots should you trade at a time..
    Forex trading is all abouit money management and time managemnt

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member vicky will become famous soon enough vicky's Avatar
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    Quote Originally Posted by ghanchifarhan View Post
    FXtrading main sab se jyada needed hai vo hai peace and koi jaldbaaji nahi.
    agar aisa kiya to hi hum 1 acche trader ban sakte hai.
    agar thoda bhi greedy bane to loss suffer karna hi hoga and ye hi quality sabme hoti hai greed ki.
    Exactly correct . here we need patience and willingness to learn and patience and leave such mentality to it depend on luck and its gambling . anyway i believe if anyone do such heartily then success must come to him and at the same time we need continue practice because all we know practice man perfect.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member pipsdragon will become famous soon enough pipsdragon will become famous soon enough pipsdragon's Avatar
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    Quote Originally Posted by malik View Post
    Yes, and you should always money management rules and you should not forget to place SL to you trade and it should not be wider than 2% or 2.5% of your capital.
    yups, do not forget to use money management if you not want to burn all yours money.. just advice from a newbie..

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  6. #68
    Banned dead will become famous soon enough dead's Avatar
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    Quote Originally Posted by mayengbam View Post
    yeah thats why trading in an environment conducive for trading is a very important thing and a necessity to succeed. we need attention and concentration to what we do and if it is not possible to concentrate naturally the result will not be good as we expected.
    really all what you convey because somehow we need the name of trade conditions that are conducive to helping us better concentration and focus

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member mayengbam is a splendid one to behold mayengbam is a splendid one to behold mayengbam is a splendid one to behold mayengbam is a splendid one to behold mayengbam is a splendid one to behold mayengbam is a splendid one to behold mayengbam is a splendid one to behold mayengbam is a splendid one to behold mayengbam's Avatar
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    yeah thats why trading in an environment conducive for trading is a very important thing and a necessity to succeed. we need attention and concentration to what we do and if it is not possible to concentrate naturally the result will not be good as we expected.
    Pliz do comment here if you like the post

  8. #66
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    Quote Originally Posted by mayengbam View Post
    I also believe that a good environment is also a prime requisite for success in trading. because if we are constantly disturbed every now and then due to many factors, it would disturb our minds and wont be able to concentrate on what we do.
    bilkul sahi farmaya apne. dimag ka thik hona forex me important he. agar aap disturbed ho to aap forex me apna dhyan nehi de payenge. aur aap ka trading bigar jayega. to pehle apne mahol ko thik kihiye phir trding me aye.
    I LOVE INDIAN FOREX

  9. #65
    Banned denira has a spectacular aura about denira has a spectacular aura about denira's Avatar
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    Its the biggest problem when traders are new.Its the reason why newbies lost money in forex.And when they know how to conquer the fear and learn forex, they become pro traders.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #64
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    It is known that the methods succeed in circulation is the first to learn technical decomposition well and mastered by and then you open a demo account in order to try trading on a demo account

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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