What are the requisites to become successful in trading?

[tajdarbet]

Everyone wants success in FXtrading. But most of them fails, The main reason they lack the qualities to become successful. So what friends lets discuss this here

ager ap forex trading main kamyab hona chatey ho to phr app ko chiye k app sab se pehely yahan demo trading karain es k sath sath app ko forex trading main apne knowledge ko bhi increase karna chiye kioun k ziyada knowledge wala trader he kafi kamyab hota ha forex trading main

[burayak]

often practice and perform a lot of learning from forex business is something that should be done well and correctly so that it can be done with serious that can accelerate the understanding of learning and insight that would be obtained with good and true.

[twinkling star]

I think k learning sahi say li jayayI think at first about whole month you should give to learning.jab learning sahi sa ho jayay nd ap ko trend ki samajh anay lag jayay.nd market k ups and down ka bhi sahi sa pata chal jayay.then ap ko courage ki zaroorat paray gi as k loss and profit dono hi hon gay ap ki trade main.so disheart nhi hona nd emotions ko bhi control rakhna ho ga tab bhi.

[Phenom II X6]

if you want to be a good and successful trader then you need to control in your self; go with discipline and control your emotions then you will get confidence from your tradings.

of course, if we cant control ownself certainly difficult to be success in this business.
when we are be able to control emotion it mean we be able too to follow the good rules in forex trading. but not easy to control ownself, we need more experience and knowledge then learn from past mistakes.

[cumil]

yes I agree with you many traders join this forex trading business to earn profit but mostly become losers due to lack of knowledge, trading skills and due to uncontrolled emotions and greed.

Although we suffered consecutive losses, but with the principle of good financial management of a trader know when to stop trading for a while. Thus he had enough time to analyze the market conditions better, and can make a profit in next trading.

Good risk management will help a trader to remain rational and think clearly. Every experienced trader knows exactly that the ability to be rational have a huge influence in the forex...

[sinjiku]

i think luck plays a big role in trade...
and knowlege about trading should also known.

you should not trade using fliling your luck and when trading is very risky because, for starters we should follow the cues of others first instead of us using your filing

[scalp3r]

To become successful in trading foreign currencies you learning and permanent work every day and follow the news and the price of currencies and the news is affecting and influencing the market and read magazines and books, specializing in Forex

i am agree with you because without good strategy its really hard to make consistent profit from our trade and trully saying from many days i am trying but still not get such strategy which give me consistent profit . so i think we need to keep pursuing it untill it not come to us and i am still trying to find and not giving up untill i dont find.

[muhammadatif]

yes I agree with you many traders join this forex trading business to earn profit but mostly become losers due to lack of knowledge, trading skills and due to uncontrolled emotions and greed.

[shinde]

Money management is the primary thing that you have to follow when you have to invest in any business. If you manage your money well then and then you will able to make good profit over it in the future.

[shinde]

Experience is the best thing you have to get from the forex trading you just have to practice on the demo account for the several days so that you will get clue about the forex trading and you will try to make more strategy to earn from the forex trading.