Become a Successful Forex Trader.

[tahmid.mother]

From my point of view, for become a successful forex trader, you must have to learn about forex very perfectly, then you must have to demo practice regularly, after getting your perfection, then you can go for real trading. and after finishing this stage if you go for real trading, you become a successful forex trader.

[malik]

Aik successful trader banay kay liye aap ko bohot mehnat aur hard work ki zaroorat hay aap ko continuous learning ki zaroorat hay aur jab tak apa market say pooree trah waqif na ho jao barray risks na lo aur chotee lots trade karty hooway seekhty raho.

[thomaz123]

Thanks for your share dude, i have my own opinion. I think formula to succeed in forex is good money management, good control of emotion & obey trading rule that we've been making, so the goals in forex to get steady & consistant profit will be achieved.

[sparvez]

well,If you want to be successful trader then at first you have to learn well.you have to gather knowledge and experience about forex trading.you have to control your emotions and greed.and you can take to advice from senior expert trader.

[tradeforlife]

To become a successful trader, you should consider for 4 things:
1, learn to trade with discipline
2, Making a good plan before trade
3, Hard learning on the first stage to learning skills in forex
4, dare to face to loss

[fxmoney]

If you want to be successful in your trading then you must have to recognise the movement of the forex pairs and wait when you have taken the trade for the long time as most of the time long term trading will provide you good profit without taking much more risk.

[asu_momod_india_jamput]

it is learning and practicing is the only way for us to improve and enhance our knowledge in the forex business. so there will be no success without learning and practicing. we as a forex trader if you want kesuksesa, will have to go through the process of learning and practicing long enough. because in the forex business is a lot to learn, so it took quite a long time and also the seriousness of the learning process.

[toppor]

Agr koi is market main kamyabi lena chahta hai ti just 2 cheezo ko control kr le aik apni greed and emotion dusra apnni Technic ko zara perfect bna le ..jo yeh 2 kam ker le usy koi bhe is market main shakast nae de sakta

bhai jaan apka kehna sahi hai greedy aur emotion humari trading mein rukawat paida karta hai humko isko cantorl karna chahiye isse humari trading sahi nahi ho pati hai ek bar ko emotion itna bekar nahi hota hai jitna greedy hota hai

[admin india koyoktaek]

Most people�s experience in the Forex Market is relatively short and in no way profitable. They hear about the currency market and think it is an easy way to make a lot of money in a very short space of time. Now, I am not saying this can�t be done, because for some this is true, but for the majority it�s certainly not the case. Let me explain in more detail �
In the early stages of most FX trader�s careers, the first forex trading decisions generally come from tips and recommendations from brokers, alert services, forum threads or sometimes even mutual novice trading friends. Then, at some point, traders decide to study the market and attempt to find the perfect system or method to trade with. I am sure you can relate to the following statement; for many traders, the Forex market and it�s nuances truly become an obsession that takes up countless hours of searching on the internet and books, forums and DVD�s , in the hope to find the holy grail Forex trading system, which they eventually find out, simply does not exist.
Traders develop or buy a system and start trading way to soon. Sometimes it is profitable, but when it has a few losing trades (which is normal), they change the system, read a new trading book, etc. or go back to looking for tips and advice, back to the forums, back to Google, searching for more information. After some time, and after more losses and frustration, most give up and stop trading altogether. Or, they go on the analyzing merry-go-round, keep paper trading and never get any financial success from their trading; this is the case for 90% of newbie and intermediate traders.
A few realize that the trading method they are using is not the actual problem and the most important ingredient in their trading is actually themselves. In addition, they soon realize that a sound set of trading rules is essential to trading profitably. But if the rules are not followed, they are of no value, and an average trader will have difficulty making a profit with a good trading system. Ironically, a good trader who has skill and a good mind can make a profit with even an average system. Put simply, even with a perfect system, the human mind can stop it from making money!
Statistics from surveys of US traders indicate that once a trading methodology is developed by a Forex trader, then 80% of the effort in trading is actually trading skills (that includes things like Forex trading psychology and Forex money management).
When the trading system is developed and trading skills are learned, a person starts finally trading properly. Most traders encounter a setback at some stage; either the market conditions change or they don�t follow their rules. However, if good money management is followed, this is not a serious problem. Often, even after winning for several months, after a small set back, many great traders stop trading to evaluate what has happened. This is often a mistake, and is again, the ever-present emotional element which plays in the back of our minds every day we trade. It�s a mistake to interfere with the consistent day to day trading routine, even in the face of losses, the trader has to press on and believe in what they are doing.
Here some common traps that traders fall into, this is where the real decision about the trader�s future is made:
1. They stop trading all together
2. They find a new system, read a new book, and do another course. This can go on forever and successful trading will never happen.
Or
3. They evaluate what really happened. Mostly it will be that market conditions had changed or they didn�t follow their rules.
The the forex traders who go on to achieve greatness:
(a) Monitor the markets and start trading again but trade small amounts and don�t force trades, they then resume trading normally once they get back on track.
(b) Wait for market conditions that suit their trading style.
This is an important process to go through. Most traders go through this experience 2 or 3 times before they develop the skills to achieve their trading objectives.
Trading success is a result of consistency, discipline and patience and most importantly self belief� When you have a forex trading plan that involves clean price action strategies, and that is built on practical workable parameters and it suits your personal and financial requirements, and you stick to it, then your Forex trading will become more enjoyable and more profitable.

yes i agree with your threat brother .and to consistant profit in forex business you should learning and practicing.makes your own daily jurnal to learn from mistakes .makes your own money management and trade plan then discipline it to become a rich trader.

[vikasudasi]

confidence and courage comes only with increased knowledge in a certain position, do not know what to do, whether to sell or buy, does not convince you, nothing AfT only.