View Full Version : Qualities of a Good trader
sunil
2012-03-12, 01:30 PM
Good traders ki ak quality ye b hoti hy k wo SL aur TP boht perfect lgaty hen. Agr koi position SL ki trf ja rhi ho tu wo SL ko change nahi krty aur agr koi position TP ki trf ja rhi ho tu wo hit krny sy phly position ko close nahi krty, jb k hum aksar aisa krty hen.
netra
2012-03-12, 02:09 PM
Mery khyal sy ak achy trader ki quality ye b honi chahye k wo apni mistakes sy learn kry kiun k jb wo apni mistakes sy learn kry ga tu next time wo mistake nahi ho gi aur ic trah loss k chances km ho jaen gy.
netra
2012-03-12, 02:12 PM
Ak good trader main ye quality b honi chahye k wo stop loss aur take profit boht perfect lgata ho aur emotions ko control krna janta ho. Mery khyal sy jo trader apny emotions ko control kr lyta hy wohi good trader bnta hy.
sachin
2012-03-12, 03:42 PM
i think good trader is that who can understand market easily and trade safly.
koi greedy people nahi chalega market main. vo acchi tarah se samje and than safely trade kare to hi accha hoga uske liye.
agar jaise taise trade kiya to loss hi karna padega.
so satisfied hona bhi accha point hai.
andhwrey
2012-03-13, 12:20 AM
a good trader always trade without emotions and he always follow his rule.
he never break rules like money management. he always set stop loss in his trade.
he also wait for right time to trade.
thats right,but he didnt always set SL,but prefer to like this,exit when they feel there is no chance anymore,and knows when
best time to exit to minimize loss,we are different that didt accept loss and let loss comes until you cant hold positions again and got margin calls
ragib
2012-03-13, 12:28 AM
i think the first quality that a good and consistent trader must have is patience . if he is not patient then he will rush for the trade and make mistake. and the second is knowledge or willingness to learn new thing. and with these quality experience will come.
herono1
2012-03-13, 08:19 AM
In forex trading good trader always be patience, obey the money management, disciplined, more confident, make theuir trade size small. choose the best leverage, used the demo trading account for long term to get the more trading experience.
ken arok
2012-03-13, 08:34 AM
In the Forex trading loss is not only way of get success in Forex trading. A trader must be seek knowledge and training before entering in the Forex. After that he must be perform work on Forex trading and get experience
good trader have to disipline with his or her strategy, never break money management, trading with no emotion, know the right time to open position, know the right pair to trade, know the characteristic every pair which used for trading n got many experience
chetan
2012-03-13, 12:42 PM
Yeah,,,,patience is neeeded while doing forec trading.and forex is all about hard work and knowledge...those ,,who trader makes the good experience with daily trading can be good trader,,,learning is must in every stage of trading
chetan
2012-03-13, 01:23 PM
use of chart is based on the trading style...because if we are doing scalping then D1 chart wil not help but 15m or 5m is needed to be considered...and for day trading 4h or 1d chart will usefull
Protech
2012-03-13, 01:53 PM
I am making use of the particular M1 and the H1 charts right after which when i can view the same trends within both of them then your trend may be well-defined.
sunil
2012-03-13, 02:38 PM
yeah right..discpline and enthusiasm is thing that needs in every business..if u have good knowledge and experience than u must follow discpline and u must have patience then u will be success ,,though u have good knowledge ,,it will be worthless without discpline and patience
sachin
2012-03-13, 04:05 PM
in the demo we did not use strong self psychology. so my sense of loss in the demo and real accounts are very different. to become a trader who has the qualities. must learn from real account instantly. although the lot that we use very small
chirayu
2012-03-13, 04:19 PM
haa woh to hai...jo kisi aur ki galtiyon se sikhe wahi genius kehlata hai...aur trading mein choti se choti galti bhi bade loss mein convert ho sakti hai.to dhyaan se trading karni chahiye
sachin
2012-03-13, 04:21 PM
because when we're in a state of emotion, we just emphasized on a greed alone, we do not see the risks that will befall us. so that if we get a minus at the time of our emotions, we better stop for a moment. and try to cut loss,
sachin
2012-03-13, 04:27 PM
good quality is capable of measuring the losses and defeats,. with good percentage and maximum, such as for example 70% and 30% victory defeat, so we have a 40% victory of the capital. use of stop loss should have a ratio of 1 to 1
sachin
2012-03-13, 04:28 PM
A good trader must know when a point to get a good deal. they are able to calculate the benefits and risks of loss. complain to me is people who can not afford to trade well and always fail. then he was confused when it will analyze the trade.
raka999
2012-03-13, 04:30 PM
we can know whether a good or bad trader from trading results. how do anticipate if the wrong position. many traders fail simply because it is not prepared in anticipation of their mistakes. great trader, will always be ready to face market conditions, trending or side ways. they can take advantage of the market to earn profit.
rajesh
2012-03-13, 05:40 PM
such as learning to analyze and learn to discipline themselves. Such point gain little by little, but safety. But how to improve the quality and quantity of our trading,,,, so better from day to day.,,,,
chetan
2012-03-13, 05:48 PM
indeed all traders would be, many of which make the experience for their penglaman, made himself a success in the future. but an experience to learn really. because often traders forget to make financial management in forex trading
rajesh
2012-03-13, 05:50 PM
you mean what kind of discipline in trading risk management and money management, such as discipline or
seek point safety but little by little every day,
chetan
2012-03-13, 06:13 PM
good analysis does not depend on a great desire to get the point, the tension only makes our loss in trade, which is the key factor is how we can set a good tempo in a position of decision points in forex trading. discipline, management and expertise, and the second one. make sure that our analysis correctly. and profits will we achieve
chetan
2012-03-13, 06:16 PM
commerce with ease and fully expected profits for all traders. The good bad an actual trade depend on our analysis of the market, and the emotion of greed to put up a role as a large open regardless of equity, when we get a few points in a day we always want a larger point. and it is to be avoided.
herono1
2012-03-13, 06:19 PM
So many qualities in good trader, like he is patient, confident, make trade size small, obey the money management, don't be greedy, control their emotion, read the forex trading ebooks.
netra
2012-03-13, 07:34 PM
Of course positive attitude and being a disciplined trader are two very important characteristics of a good trader. If a trader starts following the forex trading rules with a proper discipline then he can become a successful trader.
dmambi
2012-03-13, 09:08 PM
A Good trader will have self discipline in trading and have enough patience to wait for the right entry point , able to choose the right exit point also based on his logical and scientific approach towards the market analysis. Moreover he never allow emotions to bias his trading decisions.
got2luvyou25
2012-03-13, 09:56 PM
5. disciplines.
We need discipline in this business. discipline in applying MM and discipline in implementing trading plans. The purpose of this business is to obtain a consistent profit.
bahiya baat theek ha k is business main discipline k jiada jaroet ha but bahiya discipline ko kisterhan laya ja sekta ha ye baat discuess kerne wali , bohot se trade bohot acha management systems bana lete hain lekan as you said k impleent kaise kerna ha , is per meri help ker d een ap
harshbh
2012-03-13, 09:58 PM
control ur fear, greed, sentiments, study market carefully, give all ur concentration to trading, love buying currency and love selling it, never to forget REAL life is far different from FX-trading
herono1
2012-03-13, 10:32 PM
Good trader always be patient , confident and make their trade size small, obey the fores trading rules and act upon the money management and never be greedy, control their emotions during the trading and don't be fear.
sachin
2012-03-14, 01:08 PM
I consider discipline as the binding force between a good trader and good trading system. It is discipline that brings a good trader constant profits. Even if a good trader has a good trading system, without discipline, it will be difficult to make consistent profits.
Hina Abbasi
2012-03-14, 01:58 PM
Hmm Qualities Of A Good Trader are
Money Management
Control Emotions
Have Good Knowledge
tatnasharlock
2012-03-14, 02:12 PM
well... in my sense, a good trader should be nothing but disciplined!! without discipline a trader will be ruined for sure... (e.g me :p )
and of course a good port folio or a proper money management.... its very essential!
good luck everyone
happy trading
marunet
2012-03-14, 02:31 PM
I agree with you brother we need some self confidence and ability to learn forex trading carefully and then we can enter into real account and can make a good amount of profit within a less time as i worked hard and now i can make a good profit , hope you will succeed too in near future.
very difficult to be successful in a short time, because we must have an accurate analysis and experience, and we must be willing to keep learning and keep improving our mistakes.
vineet
2012-03-14, 06:22 PM
Positive attitude aur discipline forex trading main aap ko bohot achee position main rakhta ha forex market main. Traders ko har cheez main discipline show karny ki koshish karna chahiye.
narendra
2012-03-14, 06:30 PM
A good trader is that who can protect his account balance in all kind of market conditions and profits are the 2nd option but first priority of a good traders is the protection of his account.
vineet
2012-03-14, 06:49 PM
Main bhi aap say sehmat hoon, Aik trader kay liye sab say mushkil kaam rules ko follow karna hota hay aur wo trader jo rules ko follow karta hay us kay liye market main faida milny ka bohot acha chance hay.
aryan
2012-03-15, 12:35 PM
yes friend its really play a great rule to loss again if we unable to concentrate with our full attention. actually when there is some loss then naturally it happen to unable to keep mind cool and due to recover soon or revenge mentality we enter the market again and ultimately loss again. so its really necessary to keep concentration first and if loss then better not to trade few times.
muhammadfarooq
2012-03-16, 04:11 PM
in forex trading good trader always be patient good money management, always make trade size small, obey the trading rules, confident, disciplined, and also get the forex trading education to make the powerful knowledge and trading experience.
narendra
2012-03-16, 05:45 PM
i am actually agree with you brthoers i think that those are the reason for become successful trader well when we contrle our selves that mean controle our greed too and as i know that the greed is the great reason for the lost of the most traders and we should know also the best management of the money to make good money
patil
2012-03-20, 05:59 PM
for me quality of a good trader lies on the ability to accept the losses with big heart and eagerly fix the mistakes for better trading. Trader who accept the losses mean he knows that forex can never be expecting therefore it need to be adjust by perfect system.
ShoSho
2012-03-20, 06:01 PM
I think the trader that i can say that he has quality way of trading is the trader who trade according to the rules of his strategy without greedy and without breaking this rules and accepting the daily small earnings till they reach big earnings and he must be use stop loss and take profit.
narendra
2012-03-20, 07:10 PM
For me the qualities of a good trader are:
Good money management
well control on greed and emotions and patience.
Without these qualities I don't think any one can become a good trader.
vineet
2012-03-20, 07:54 PM
for me the qualities that a good trader should have, is they able to accept any losses as good as when they accept winning. Develop a custom strategy that based on their own personality also a qualities for good traders.
vineet
2012-03-21, 08:25 PM
Yes many trader become very profitable trade forex. I think they understand forex market very well and they control there emotion very well. They make good strategy and good rules and follow that properly even they face some problem. I think follow rules is very fast point of success in forex market.
Abdo22
2012-03-21, 11:54 PM
i think taht good traders must have a good power of fundamental and technical analysis, without greed and fear, capable of handling difficult situations correctly and should have enough experience in this field.
ezincenter
2012-03-21, 11:58 PM
Just be calm when you are on a trade and the most important is if you have the ability to control your emotions and let the pressures control you the you should get the qualities of a good trader.
waqtitrader
2012-03-22, 12:47 PM
We know a lot of people have become successful and making lots of money trading in forex. What are the qualities that makes him/her different from the rest making him/her succesful and profit making trader? lets discuss this topic here friends
mere nazdeek jo ek ache trader ki nishaniyan hane woh ye hane k woh kabhi bhi emotions ko over nahi honey ddeta ha or nahi kabhi woh over confidende hota ha es liye main to app ko yahi kahoun ga k apne emotions ko controll karo or confidence ko mat chorro app bhi ache trader ban jao ge
aryan
2012-03-22, 01:03 PM
i also have tips... trader must have good habits .....
they are :
1. trade with risk capital
2. full responsibility on your own OP
3. open set your transactions with good
4. focus on some techniques
5. keep emotions remain neutral and relaxed
6. create a trading journal
patil
2012-03-22, 03:14 PM
some traders are able to improve the quality of trading can be seen at:
- Able to withstand the emotion from revenge attitude
- Able to accept the results, so avoid the greedy
- Able to withstand the ambition so avoid overtrade
narendra
2012-03-22, 04:55 PM
ek forex trader main sab se badi wualitie ye honi chahiye ki wo apne emotions par control kar sakte.
forex main vahi trader success hai jisne pane emotions par control rkaha nuaa hai. emotions par control hone par ham lalach ke bina bi trading kar sakege.
rakesh
2012-03-24, 03:03 PM
May be its true but when every moment there is possibility to change market condition then previous days thinking may not work sometime but i think its help some time to us if that day we do good . anyway i think its always better to follo trend and in this way set the strategy.
rakesh
2012-03-24, 03:20 PM
yes its good to watch 15 M chart for short but i think its also good to watch 1 H and i always do this but i sometime watch 200 days EMA also to enter long if there is price go higher this 200 days EMA . and i believe it will be more easy if we have more and more knowledge of forex.
anitagala124
2012-03-24, 04:59 PM
you are absolutely correct friend . without practical knowledge and much experience its really hard to servive in forex and practical knowledge give us much more things like money management and controling ourselves.
meray kehal me quality of good trader us ko boaht sa knowledge hona chayiye forex trading k bary me ku k wo tab tak acha trader nhi ban sakta jab tak us k pass pori skills na hon or apni greed control karny k stemna na ho.
sagar
2012-03-25, 03:49 PM
Yeah pro traders are those which which control their emotions and they make trade with proper money management and they do not greed to make more profits.
sinaga
2012-03-25, 03:53 PM
qualities of a good trader is that he was able to make consistent profits. he always had a good plan and good discipline in the trade. he's good at managing funds that he used and always can minimize the risks in trading. he's biding her time before starting to open up trade
darksaimon
2012-03-25, 04:03 PM
One separate aim that matters in trading is our avarice.Most of us undergo Forex as a get luxurious excitable grouping and we impoverishment to pretend a lot of money in a truncate instant. But we should screw that patience is the important key to success.
anchitkole
2012-03-25, 06:38 PM
Right,its better to put always stop loss in every order you made as you cannot even stop your emotions but you also not get margin call so this is proper money management.
anitagala124
2012-03-25, 06:42 PM
Right emotion plays a big role in forex trading and it can affects our trading behavior and trading opportunities ,so traders should learn how to minimize emotions before trading real.
i am actually agree with you brthoers i think that those are the reason for become successful trader well when we contrle our selves that mean controle our greed too and as i know that the greed is the great reason for the lost of the most traders and we should know also the best management of the money to make good money
Yes Good trader must have patience. there is not any patience testing have to occur in the good traders. Good traders always place less orders they do not overtrade. Money management is really well managed by them.
kazol76
2012-03-26, 11:11 PM
Yes Good trader must have patience. there is not any patience testing have to occur in the good traders. Good traders always place less orders they do not overtrade. Money management is really well managed by them.
Yes a good trader does not take any over trade if he does not get any perfect signal. and quality of a good trader is risk management and lot calculation I think lot calculation most effective thing in Forex market cause if we does not calculate right position lot size by calculating pairs historical chart then we will be in risky. thanks.
Yes good trader must have quality like he will able to track the technical positions of the chart. He is well feed with courage so that emotion will not hurt his mind. He always uses the stop loss to his order to prevent the capital loss.
tabestbestmaker
2012-03-26, 11:16 PM
There are a lot of factors that can make the trader successful including discipline patience and controling emotions and these are the primary which make the trader earns a lots of money also anyone cane be also succesful if he respect this
Good trader do not make any sense for the loss from the trade as he know that he will able to recover loss from the next trades. He applies whole his knowledge of the forex trading while trading so that he able to recognise the vital points on the chart and take position according to that.
rakesh
2012-03-27, 01:15 PM
Good trader is one who keep his capital in safe box. One who apply the knowledge of trading at all of his trade. He does not sway away from the streategy from which he earn profits. Most useful is that one who place a stop loss to his trade. His risk for the capital should be minimum. First he made a blue print of his trade and then place a trade
anchitkole
2012-03-28, 01:36 PM
yeah the main thing is loss of concentration and it is due to bad mental conditions due to bad psychology.And when we trade in a condition like this it makes situation more difficult as we do not properly analyze and just open trades.
anitagala124
2012-03-28, 01:44 PM
I also read that book its quite good to build your psychology of trading but don't remember where i found it you can search it on google or on other forex forums. I'll also search and share if i found again.
taqiniazi
2012-03-28, 04:14 PM
I think A successful trader has a trading plan and does his homework effectively. He also avoid to over trading while getting loss.He also tries to capture the market movement every time.
irfan
2012-03-28, 04:22 PM
For me the most important quality of a good trader is to learn from his previous mistakes and the quality of certain improvement each day. If someone starts forex from zero and just has two qualities then he can surely become a good trader.
sinaga
2012-03-28, 04:27 PM
Yes. maybe we can learn from the experience. qualified trader always trades with very good plan, and he was able to minimize the risk if he loses. so that he can make consistent profits in trading
forexman
2012-03-28, 07:24 PM
As i seen there should be some good quality to became a successful forex trader like we have to be more careful before placing any order and its better if we read news and market condition before placing any order then we can able to make large profit through it and even i am doing that i hope i will succeed.
yes we have to be careful before open trade and have to check with news and market conditions and open a order and i think professional will do like this only they maintain money mangemnet and take less risk and get consistent profits
Maham Gill
2012-03-28, 07:36 PM
We know a lot of people have become successful and making lots of money trading in forex. What are the qualities that makes him/her different from the rest making him/her succesful and profit making trader? lets discuss this topic here friends
Quality is the best way of the forex trading. forex trading main zida tar quality sa kam hota ha ap jatni apni qualtiy ko bathar karna ga ap ka karobar utna acha cahalay ga main sotch hooon k jo be amid kam kar ga agr qulaty maintain nahi kary ga loss he ho ga
AhmedHA
2012-03-28, 08:24 PM
We know a lot of people have become successful and making lots of money trading in forex. What are the qualities that makes him/her different from the rest making him/her succesful and profit making trader? lets discuss this topic here friends
I think that the successful traders have their own qualities which make them succeed , mixture of luck and experience must be existed also patience and fidelity during analysis , and well-managed capital , discipline and eventually not haste , these 6 thing makes the person successful in Forex in my own point of view .
use of chart is based on the trading style...because if we are doing scalping then D1 chart wil not help but 15m or 5m is needed to be considered...and for day trading 4h or 1d chart will usefull
mojcris
2012-03-28, 10:17 PM
I agree with you guys :) in my opinion these qualities are sum of the Experience which is gained during the practice and trading :) also not being greedy and emotional about the market is important quality :)
bigearners
2012-03-29, 08:40 AM
Qualities of good trader are never give up attitude in forex market, Proper MM and change or take action in forex market according to the Market condition..Not stick with old rule always.
Put SL and TP for every position into right place by making good analysis and never try to over-trading.
newentry
2012-03-29, 10:00 AM
the expert trader is the man who trade with good discipline and patience to control their emotion and also their strategies and then they can make profit with very well time by time...
they have good and stable psychologies after they got some learning and practicing...
and we are now in processing to it
Nabi Ahmed Gill
2012-03-29, 10:26 AM
We know a lot of people have become successful and making lots of money trading in forex. What are the qualities that makes him/her different from the rest making him/her succesful and profit making trader? lets discuss this topic here friends
forex tradig ke sab sa best qualitites ya ha ka ap kam ko proi tra samaj kar our fully toora par traning yafata hona chayia is tara foex traing sa ap profite zida halsal kar sakta hooo froex trading is the best quality is this world.
Good Qualitites of the trade and goood porfit is this trade.
bestlooser
2012-03-29, 10:53 AM
I think they have good knowledge about forex market and they work hard to learn forex and practice harder then any other think. When you make yourself good trader then forex market is very easy for you to gain profit.
good trader will never be afraid of losses as he would be accepting losses happily and knowing that losses are part of forex and that will decrease the tension too and good trader will always take no risk and he would like to do tension free trading.
sagar
2012-03-29, 12:34 PM
yeah right..discpline and enthusiasm is thing that needs in every business..if u have good knowledge and experience than u must follow discpline and u must have patience then u will be success ,,though u have good knowledge ,,it will be worthless without discpline and patience
rakesh
2012-03-29, 12:56 PM
haa woh to hai...jo kisi aur ki galtiyon se sikhe wahi genius kehlata hai...aur trading mein choti se choti galti bhi bade loss mein convert ho sakti hai.to dhyaan se trading karni chahiye
sinaga
2012-03-30, 05:55 PM
actual quality of a trader can be seen from experience, since most successful traders who can conquer the wild market that has experienced an average of the trading
absolutely right. learning and experience can make the corrections that he made the trade. he was able to minimize the risk of trading and making profits consistently. he's not greedy and always wait for the right time in the open trade position.
dimdim
2012-03-30, 06:01 PM
I work in forex since 3 years
But not out after a degree of professionalism because it is very difficult
These days
But with time, gaining enough experience to reach what you want
Diligently to get what we want. maybe i have not yet have the qualities.
manibhai2012
2012-03-30, 06:02 PM
Qualities of a Good trader
There are many good qualities of a good and successful trader some of them are given below 1. He should have a control on their nerve and have patience 2. He should have a knowledge of managing the account money 3. He should make his own plan rather than following the crowd.
measure of success in this business is very relative, but if we can get a consistent profit can be said successful. because that's what we're all through this business. each of trading is always done in wisdom, not at random so that the results obtained are also more leverage.
we can know whether a good or bad trader from trading results. how do anticipate if the wrong position. many traders fail simply because it is not prepared in anticipation of their mistakes. great trader, will always be ready to face market conditions, trending or side ways. they can take advantage of the market to earn profit.
got2luvyou25
2012-03-30, 08:59 PM
measure of success in this business is very relative, but if we can get a consistent profit can be said successful. because that's what we're all through this business. each of trading is always done in wisdom, not at random so that the results obtained are also more leverage.
kis book main ye likha ha ki Forex tarding main consistent earning hoti ha , main us ko trader ko successful kahon ga jo serf risk ko control kerna chahata ho , because jeb hum risks control kerne k able ho jaaen to ultimately profit ho gi gradually he sahi , or jo log serf profit wale trader ko acha kahte hain wo wrong hain because high risky traduing always put us the in the danger zone
dimdim
2012-03-31, 01:35 PM
Become good trader should have good psychology in all situation get profit or loss,always stick with rules of strategy and keep good money management,dicipline in trading and patience await signal convirmation appear.learn always new knowledge to make betterment their trading
Techno
2012-03-31, 03:41 PM
absolutely right. learning and experience can make the corrections that he made the trade. he was able to minimize the risk of trading and making profits consistently. he's not greedy and always wait for the right time in the open trade position.
A good trader has to understand how the forex well. they have a strategy and discipline in carrying out the strategy and money management. so that they can be more calm in trading compared with the novice trader. experience made them more cautious in making trading decisions.
girish
2012-04-03, 02:07 PM
ek forex trader main sab se badi wualitie ye honi chahiye ki wo apne emotions par control kar sakte.
forex main vahi trader success hai jisne pane emotions par control rkaha nuaa hai. emotions par control hone par ham lalach ke bina bi trading kar sakege.
I saw most of the successful traders in the forex business are those who really serious about his business, they learn more about all things related to forex and they have a high commitment to trade with discipline....
sspences88
2012-04-03, 03:10 PM
mere khyal me ek achay trader me bohat kuch acha hona chahye jaise k wo bohat patience se kaam le,hum me se aksr trader order place krne se pehle sochte nahi or just forcast kr k place kr dete ha pehle proper strategy honi chahye,or dosri baat k hosla nahi harna chahye agr ek trade loss me gai to os k baad faida ho jae gha,:good:
Forexboy
2012-04-03, 08:10 PM
The qualities of a good traders are obvious and clear the trader must have a good power of fundamental and technical analysis, without greed and fear and control his emotions well, it must be able to handle difficult situations and must be properly enough experience in business and in addition to good strategies and methods he'll get there.
sweety
2012-04-03, 08:19 PM
the very first quality of a good trader must be that his/her mind set should be prepare for the trading in a right direction , as many people think that it is the simple way of making money and that is wrong. to take care of over trading is also important. and the successful trader always try to keep on learning.
yeh baat badiya kahi apne,m ki haam logo ko jab ham log forum mein ya fir kahi aur forex ki jankari lete hai toh waha par jab dusre senior logo ne unke loss ke karan bataye hote hai toh unhe note kar ke apne yaha par avoid karne ki puri koshish karni chahiye kyuki experienced members iss busines ko achi tarah se jante hai toh woh log exactly bata sakte hai ki small galtiya kaha par ho sakti hai aur woh kaise na kare toh hame jarur hi senior members ki batein sunni chahiye, mein bhi apne iss indian forum se bahut kuch padhkar dimag mein rakta hu aur jyada karke loss avoid karta hu.
ritesh
2012-04-03, 11:12 PM
yes if a person has spent enough time on a demo a/c and has all the knowledge required to trade with consistent profit by his strategy then he will sure not fear of loss and will always be confident in what he does in forex.
sahi kaha apne ki hamesha apne goal se focused rahiye, agar apka loss ho jata hai toh dont loose hope but try to understand and figure out the reason for that loss and then next time beware of that mistake and take steps in the directon to avoid it.
ritesh
2012-04-03, 11:16 PM
yes the feeling of having a hreat strategy will make me feel like hitting higher target but for that i even need to trade in big lots and offcourse when i have a experience of how miserable a trade can go with high lots then i might just stick to possible profit's.
yeah you are right there that we need to understand the trend and always keep on with the news updates to get fundamental analysis but limited trading is also a essential way of a good trader coz over trading is not a good way to manage money and control greed, with over trading you just increase ur chances of getting gulped by a loss upcoming ahead
well you need to have a trading plan which is strong enough for makng higher profits and less losses that is the base of tradingonce you get that u need patients and emotion controled by you if not get ready for losses
rahul
2012-04-04, 11:15 PM
मनचले के मुख्य बात यह है कि हानि के संकेन्द्रण और खराब होने के कारण यह मानसिक स्थिति खराब होने के कारण मनोविज्ञान । और जब हम व्यापार में इस तरह की स्थिति इससे अधिक कठिन स्थिति रूप में समुचित रूप से हम ऐसा विश्लेषण और उचित नहीं खुले ट्रेड्स ।
girish
2012-04-04, 11:39 PM
ha sirf knowledge hona ye hi kafi nai hai profit kamane ke liye . bhale hi apke pas pura knowledge ho par agar appke pas usko implement karne ki technique nai to appka knolwdge kuch bhi kam nai hai
rahul
2012-04-04, 11:41 PM
ha apne bilkul sahi kaha hai practice karna bohat jaruri hai kyuki eng me kahavat hai " practice make a man perfect" aur ye ekdam sahi bat hai . jab tak aap practice nai karoge aapko safalta milna bohat mushkil hai
Morgan
2012-04-05, 12:33 AM
I think that the most important reason for success in forex is ( learn from your mistakes and not repeat them again )
those good traders were just like us , and I am sure we can be just like them
michael
2012-04-05, 02:52 AM
Good trader is the one who always drove without chasing him fail than win and know when to enter and leave the foreign exchange trading I lose, but not many use technical analysis in a deal, but not always the big time when burned lo gin, but I fear the balance of the whole adventure. But that became a well perfected this trade now No matter loss
rederok2
2012-04-05, 11:35 AM
The good qualities of a good trader are much, it must have the intelligence and discipline, patient, and have a very broad view, it must have a very positive spirit, and must mtriser money management and technical and fundamental analysis.
indeed many factors that affect us when trading but I think the most important thing when trading is to keep our emotions, a lot of newbie who are trading their first get a huge profit, but that has been experienced for many years suffered great loss, I guess this is because phisikologii more controlled and trading newbie with no load: D
ritesh
2012-04-05, 01:03 PM
ya a person should always keep learning to become a suuccessful in a particular field ,then it can be forex or any other buisness or work. learning new things keep you in the hunt of success in that field
ya a good trader never take too many risk because he has experienced about these things. even if he has experience and he takes risk then he is not a good trader
ishvara
2012-04-05, 01:35 PM
A good forex currency trader must have understood the effects of trading the forex markets with emotions. They wouls now avoid it and thus creating higher chances that they would make profits in their trades.
sinaga
2012-04-05, 10:18 PM
quality of a good trader is a trader who can discipline and always good at managing the funds that he uses very well. he has the technical ability and can put it together with the fundamental. able to minimize the risk of trading and consistent in making profits. I think that the quality of a good trader.
Very well said by you, I think if we just avoid greed then it do a lot.
If we avoid big lots, overtrading and trading against the trend then we can earn a small but consistent profit from forex.
A good forex currency trader must have understood the effects of trading the forex markets with emotions. They wouls now avoid it and thus creating higher chances that they would make profits in their trades.
yes, emotional control is one important factor that drives the success of the trader, the more a trader has a good ability to control emotions in trading, it will be easier for him to adjust to the market....
LeeMinHo
2012-04-06, 10:55 AM
I agree with you in this speech, a successful person in the world of Forex is the one who knows where it starts and where the deal ended, and it is what I call (capital management and trading mechanisms), I consider that a person successful in the Forex is interested administers the capital, and work that always wins, and reduce the loss
For me , the successful traders are the person who have enough knowledge and skills to deal with forex market . They often control their emotion very well and make many good analysis . This is the reason why they get success .
got2luvyou25
2012-04-06, 11:01 AM
Aik achay trader ki qualities main shamil hay kay wo bghiar perfect analysis aur strong signal kay market main jump naheen kartay, balky strong signals kay intzaar main aur sahee time kay intzaar main uchaltee machlatee market kay nazary lety hay.
ye baat bilkul sehe ha k acha trader whoi hota ha k jo market main kabhi rusj naho hota pateince k sath wait kerta ha , but mujhe aik baat ye kahni k acha trader wo ha asal main jis ko pata chel jaye k signal fake ha k real because ye seb bari problem ha traders ki k wo fake signal ko follow kerte hian
budado
2012-04-06, 11:18 AM
The quality of a good trader is simple. Make profit and profit and profit. If you can maintain that then your a good trader. Because bottom line in forex trading is making profit. If you make profit then your successful. That's how we measure success in forex. How much we earn monthly.
Ronak
2012-04-06, 11:31 AM
the qualities of good trader is making a wide range knowledge and the experience...trader has many good things such as controlled emotions and less greed....well trained trader has all of this qualities
bestlooser
2012-04-06, 11:48 AM
Aik achay trader ki qualities main shamil hay kay wo bghiar perfect analysis aur strong signal kay market main jump naheen kartay, balky strong signals kay intzaar main aur sahee time kay intzaar main uchaltee machlatee market kay nazary lety hay.
well zaroori nahi k analysis per nazar ho ache trader ki kyon k agar aap ko analysis ka idea nahi bhi hai to bhi aap market mein survie kar sake ho aur profit kar sakte ho kyon k achi strategy, plan or money managment aap ko easily profit karwa sakti hai.
rahul
2012-04-06, 01:00 PM
I agree with you. We need to have strong determination to stick with forex trade. No traders will be successful over night. It takes time to get used with the trade. So we need to spend more and more time with forex trade by learning new and new things with each going trades. We need to be willing to learn and use that learnings in our own.
samuelkanu
2012-04-06, 02:04 PM
Concentration is one of the key ingredient in trading as well as discipline.But you must have a winning strategy and concentrate on the winning strategy.Also you need to be in an environment that will help you concentrate so as not to have distractions while trading and be better focussed.
tashnotashi
2012-04-06, 03:01 PM
We know a lot of people have become successful and making lots of money trading in forex. What are the qualities that makes him/her different from the rest making him/her succesful and profit making trader? lets discuss this topic here friends
mere nazdeek jo sab se achi or sabb achi quality ha woh ye ha k woh kabhi apne emotions ko aese nahi churr detaha woh apne emotions par ful control rakhta ha es liye to main bhi yahi koshish kar raha houn k forex main apne emotions ko control main rakhoun
dintera
2012-04-06, 03:33 PM
We know a lot of people have become successful and making lots of money trading in forex. What are the qualities that makes him/her different from the rest making him/her succesful and profit making trader? lets discuss this topic here friends
I think the most difficult part of trading is eliminating emotions from the process. The most successful traders are calm, analytical, and methodical. If we let emotions dictate our trades, we will lose money. Trading is basically calculating risk vs. reward based on a combination of technical and fundamental analysis. During this time, there is no room for emotions in that equation. The most common emotions that interfere with the process are fear, greed, indecision, stubbornness, and hope. Our mental will must overcome these emotions to be successful in trading.
Techno
2012-04-06, 03:38 PM
Concentration is one of the key ingredient in trading as well as discipline.But you must have a winning strategy and concentrate on the winning strategy.Also you need to be in an environment that will help you concentrate so as not to have distractions while trading and be better focussed.
A good trader is a trader who can take advantage of the moment with the right market. they know when the right time to enter the market and when it is appropriate to come out. we need to realize that quality is determined from the trader who can they get in live trading.
sabutkelaparasaduren
2012-04-06, 04:33 PM
We know a lot of people have become successful and making lots of money trading in forex. What are the qualities that makes him/her different from the rest making him/her succesful and profit making trader? lets discuss this topic here friends
they are the ones who want to continue to learn, never satisfied with the knowledge they have, the people who work hard, never give up, discipline, and high-minded to accept defeat, they are not dragged by the flow of arrogance and greed.
ritesh
2012-04-06, 09:59 PM
controlling emotions though can be the most difficult part in Forex trading for all
professionals & newbies can't do that except very little percentage of traders
this is due to the facts that we expect anything from the market
we fear big loss even if our analysis is right as the market is very dynamic
He must have a good trading system also not only gambling
he must be confident about all his decisions & can manage his capital well
choosing a good trading system also is a good character that qualifies to be good trader
rederok2
2012-04-06, 11:56 PM
controlling emotions though can be the most difficult part in Forex trading for all
professionals & newbies can't do that except very little percentage of traders
this is due to the facts that we expect anything from the market
we fear big loss even if our analysis is right as the market is very dynamic
we should use real acc just as we are using demo acc as the main cause of loss is because we do not want to lose. so better when we are trading we do not have to worry because as long as it uses a large floating mm good and restrain mampuh 1000 pip floating suppose that I think is very good
naziafarhan
2012-04-07, 01:34 AM
The main quality of a good trader is that they take forex as a business. And they expect a little income from it. They never run after a huge money to income. That makes them different from others.
LeeMinHo
2012-04-07, 10:11 AM
I think, trading using a demo account does not give lessons so well. Trading on a demo account is only suitable for conducting tests of the EA and the new strategy, but the real lesson to be found in trading using real account.
Indeed , demo account will help us gain lots of knowledge and experiences but it can help us much to control our emotions . We do not often trade seriously on demo account . And i think real account will help us better than demo account .
ali1011
2012-04-07, 10:24 AM
I think so that the good trader jsut fallow our own anaylsis or wo trading ko smajh k karty hen na k baghair sochy samjhy or apni greed ko control karty hen or emotions ko be achi trade karty hen na k gamble karty hen apni moeny management ko boaht sequence me rakhty hen .
zahidrock
2012-04-07, 10:46 AM
main sochta hu ki sabse badi quality hai emotions ko control krnaa or apni trading k saat patience rkhnaa....
Yes i agree with you. Emotion controlling is very important for every trader. Without controlling its not possible to making profit from this market. And Without patience is not possible to do anything in this world.
bestlooser
2012-04-07, 11:36 AM
The main quality of a good trader is that they take forex as a business. And they expect a little income from it. They never run after a huge money to income. That makes them different from others.
this is just the basic of forex if some one can be patient and ready to wait for profit and if you can avoid risk then success is almost guaranteed and as some people think we can achieve profit in forex they are totally wrong. PRofit can be delayed but profit can be guaranteed
If you want to become a good trader then you create the following good qualities in your presently.
1 Build your trading skills.
2 Become too able analyze the current position properly.
3 Control your emotions, mind and greed.
4 Build money management skills.
5 Create habit to learn forex books.
rahul
2012-04-08, 04:28 PM
अच्छा व्यापारी से एक है, जो सुरक्षित बॉक्स में अपनी राजधानी रखने है. एक जो अपने व्यापार के सभी व्यापार के ज्ञान को लागू. वह दूर streategy जिसमें से वह मुनाफा कमाने से नहीं बोलबाला है. सबसे उपयोगी एक है कि जो अपने व्यापार के लिए एक बंद नुकसान जगह है. पूंजी के लिए उनका जोखिम कम से कम किया जाना चाहिए. पहले वह अपने व्यापार का एक ब्लू प्रिंट बनाया और फिर एक टीआरए जगह
rahul
2012-04-08, 05:18 PM
hmm. you are right.practice can makes a man perfect. and discipline makes a man successful. so, we have to do more and more practice and being disciplined when we are trading forex.happy trading
girish
2012-04-08, 05:19 PM
viewed and weigh with some aspects that we have and also the information that we get to support the quality and quantity of our trade
does not mean we can directly control it, but balanced with a persistent effort
LeeMinHo
2012-04-08, 05:32 PM
this is just the basic of forex if some one can be patient and ready to wait for profit and if you can avoid risk then success is almost guaranteed and as some people think we can achieve profit in forex they are totally wrong. PRofit can be delayed but profit can be guaranteed
Absolutely correct . Traders will never become good traders if traders do not be patient . The patience in forex trading is needed . If traders often hurry to open positions , they will not have the good preparation .
Avoiding news is another thing and trading only with technicals is another thing. You are saying that you only trading using technical analysis and you also avoid news that means that you still take a look at news release time so that you can avoid them, that's also a form of fundamental analysis
rahul
2012-04-08, 06:42 PM
i have the best strategy in forex, i have the best technical analysis in forex, yet i make the most foolish mistake of using very high margin in trading, i get overly confident and waste money for no reason, i need to change this
girish
2012-04-08, 07:39 PM
a good trader is like a crane [ bagla bhagat ] which keeps standing in the water motionless till it spots a fish, then strikes fast and catches the fish and eats it. as long as the fish does not come near it keeps standing still and never chases the fish, same way trade only when there is a valid trade.
ritesh
2012-04-09, 05:03 PM
I think that is good trader has a good trading plan including analysis, money management, can control the emotions and psychology as well as to discipline.
It is a good trader. and I still learn to be like that.
good luck
I think a good trader willing to learn from past mistakes, and learn to discipline with a good trading plan..
and do not give up despite the loss. good luck
ritesh
2012-04-09, 05:38 PM
I think that good traders have a trading plan which has been well tested, can control emotions well, has good psychological experience and well disciplined to learn from past mistakes..
i think a good trader can manage emotions well and can be disciplined when trading with a trading plan that has been made. so as to profit consistently later.
I think a good trader willing to keep learning and trying to be successful with consistent profits in a way, learning from past mistakes such as loss and MC, so that trading for the better future.
ritesh
2012-04-09, 05:43 PM
I think a good trader is not menyerdah when loss and MC, and also willing to learn from those mistakes and then disciplined with a trading plan that wisely so as to profit consistently later..
good luck
I think a good trader always learn and do not despair if the loss and the MC, particularly willing to learn from past mistakes so that trading in the future can be better and be able to profit consistently, and learn discipline with a trading plan.
Abdomhadi
2012-04-09, 06:17 PM
I think the most important thing in a successful trader is discipline, and must also be wise. Because it can not be a successful trader if he has many bad qualities, but the main factor in my opinion that regulates other factors, it is the discipline that plays a huge role in this regard.
the qualities of a successful trader are knowledge and hard work.hard work is the key point for the success of all traders.then a successful trader don't trade with greedy and fear.
a good trader have proper money management
zahidrock
2012-04-09, 10:11 PM
I think a good trader always learn and do not despair if the loss and the MC, particularly willing to learn from past mistakes so that trading in the future can be better and be able to profit consistently, and learn discipline with a trading plan.
If you write your previous mistake and avoid those mistake in again then you can easily make consistent profit from this business. And it can give you expertness in future. And if you have good money management then you can easily avoid Margin call.
michael
2012-04-11, 12:17 AM
Characteristics of successful trader is through discipline and the application of what he learned from the account experimental. But success is not limited in these qualities only. But must continue to trade in foreign exchange. Now the failure to bargain or two. Means it is not successful. That success comes with a further merchant in this area with a profit and the benefits of continuous . :good:
i think taht good traders must have a good power of fundamental and technical analysis, without greed and fear, capable of handling difficult situations correctly and should have enough experience in this field.
dadaa
2012-04-11, 01:55 PM
Qualities of a good trader is to find more than 70% of his deals a winning or at least does not come out of losing trades and this makes us rolling efficiently evaluate the good from the ordinary
dadaa
2012-04-12, 04:00 PM
Mery khyal sy ak achy trader ki quality ye b honi chahye k wo apni mistakes sy learn kry kiun k jb wo apni mistakes sy learn kry ga tu next time wo mistake nahi ho gi aur ic trah loss k chances km ho jaen gy.
dadaa
2012-04-12, 04:04 PM
Ak good trader main ye quality b honi chahye k wo stop loss aur take profit boht perfect lgata ho aur emotions ko control krna janta ho. Mery khyal sy jo trader apny emotions ko control kr lyta hy wohi good trader bnta hy.
dadaa
2012-04-12, 08:47 PM
A trader can not run forex filed without having analyzing skills so it is a must of every trader, a positive attitude and well disciplined mind is also required to make productive results.
we must learn from past mistakes so we dont be able to make same mistakes again. its really bad if we are still repeat the mistakes, it means we not realize our mistakes and always blame the strategy or analysis, i ever hear of it. check our self if we always making mistakes and try to discipline to evaluations our trades.
one again trading plan is important for our account.
as a good trader we must have planing and we are prepared it before we strat trading.
on the plan we make a profit table that is our target.
dadaa
2012-04-13, 01:13 PM
yes, so the good quality of good trader is who have discipline in their trade.
i think a discipline will bring a positive the other forex rules, i think we will apply money management and risk management as well and trading more relax than unusual.
dadaa
2012-04-13, 01:20 PM
maybe can be called like that.
trader who can control theirselve, it mean they has been a good trader and i think they can make profit with easily and no load.
but to control ownself is very difficult, we need motivation and more experience.
dadaa
2012-04-13, 01:40 PM
emotion is the important that must be considered.
many trader cant control their self because their emotion and greed. this is big problem and very difficult to avoid. we need a lot of train and practice so become experience to conquer this problem.
dadaa
2012-04-13, 01:47 PM
of course friend, you say it is really a good trader.
you can imagine when a trader can discipline in their trading activities, certainly they will obedient and faithful in applying money management and also they always learn something when they getting some bad experience or loss. this is a good way when trader can discipline in their trade.
dadaa
2012-04-13, 01:56 PM
yup, there is no shortcut way to understand how the market moves.
we need a long of process, and from the process we will face any mistakes and we must learn from older mistakes, also never give up if you face a bad experience. a bad experience is be a good lesson for you
dadaa
2012-04-13, 01:58 PM
yes friend, i think it all is a part of trading psychology.
so the conclusion is we must have a good psychology in trade, so we do not trading with emotion, greedy and overtrade that can make blow our account.
Morshedul
2012-04-13, 03:27 PM
Qualities of a good trader requires some characteristics by which they get huge success. They have no greedy intention and even they are almost free from nervousness. They have good skills and experiences in fore by which they get good results in this trading business. I hope i will become one of them one day.
bifsicota
2012-04-13, 03:39 PM
i think many trader can do well for analysis the market,
but some trader have problem in the time to see the chart.sometime we need a long time until the indicator make a good direction with the other indicator (if we are used more than one indicator). and the other problem is late and hurry when will open position.
yes you are right i agree with you we can be good trader if we do good analysis and we can avoid the loss and be hero in forex business by only the knowledge and the experience that we got it from the practice of trading .
Ronak
2012-04-13, 04:59 PM
Qualities of a good trader requires some characteristics by which they get huge success. They have no greedy intention and even they are almost free from nervousness. They have good skills and experiences in fore by which they get good results in this trading business. I hope i will become one of them one day.
GOOD TRADER is one who has skill of being success...if we have good qualities than we already have ability to control emotions like greeed and also have good trading plans........
aik quality to bohot hi achi hoti hay wo ye kay good traders aik din ya aik week ki performance nae daykhtay, na hi wo itna kam target rakhtay hain. wo monthly balkay kuch to yearly performance ko target kertay hain. iss ki waja say un per pressure bhi kam hota hay or wo gain bhi ziada ker paatay hain.
sab say best quality to patience hay, agar kisi bhi banday may bohot ziada haad tak sabar hay to phir to wo easily trading ker sakta hay, laykin sabar kay bagair trading kerna bohot mushkil ho sakta hay.
The real ease for good and expert traders is that they know what they are doing and most of the times they also know what will be the outcome, so they don't have to worry much about the situation and due to that, they can trade easily
I don't think there is a fool proof strategy in forex trading. The only best thing to do is to manage the money properly and then you can survive in forex market. Once you learn how to survive then you will be on the way of making money.
Good traders ki ak quality ye b hoti hy k wo SL aur TP boht perfect lgaty hen. Agr koi position SL ki trf ja rhi ho tu wo SL ko change nahi krty aur agr koi position TP ki trf ja rhi ho tu wo hit krny sy phly position ko close nahi krty, jb k hum aksar aisa krty hen.
Of course a good trader must have good knowledge about forex trading and must have good experience in trading, more that he need to understand the money management and risk management and must follow them.
bjbh427
2012-04-17, 02:48 PM
I think the best quality of every trader is to keep his emotions under control, stay cool and patient.
I think that every one should exercise these points while trading and it will change the results of the trade in his favor.
sidhu
2012-04-17, 03:06 PM
Mery khyal sy ak achy trader ki quality ye b honi chahye k wo apni mistakes sy learn kry kiun k jb wo apni mistakes sy learn kry ga tu next time wo mistake nahi ho gi aur ic trah loss k chances km ho jaen gy.
sidhu
2012-04-17, 03:18 PM
Ak good trader main ye quality b honi chahye k wo stop loss aur take profit boht perfect lgata ho aur emotions ko control krna janta ho. Mery khyal sy jo trader apny emotions ko control kr lyta hy wohi good trader bnta hy.
good trader always takes loss as a learning opportunity for themselves and try to learn from their losses. So a trader should try to find the cause of their loss and work on them to avoid same mistake in the future.
optimistdev
2012-04-18, 06:50 PM
knowledge, patience, confidence, ability to control emotion, have a good money management and have a good power of fundamental and technical analysis should be the qualities of a good trader. They plan their trading with a well structured and clear plan.
waqarme2
2012-04-18, 07:09 PM
i think the good trader is that person who better knows the basics of the trading and also some thing about the forex trading as well, the important thing is that a good trader will always do good work in it, and also its very good for him in the future,
ashwini
2012-04-18, 07:39 PM
kya jiske pass achha trading style. or strategy hain ohh good trader hain. ajj kal forum main appko achhe se achha trading strategy mill jayenge.
lekin kya app usse achha kama sakte hain. nahi .. hota hain.
kiun ki good trader hone ke liye. app ki soch.. thinking, ur decission, app kaise apne emotion ko control karte hain. app apne decision par kitna bharosa karte hain.. app apne plan ko kitna follow karte hain.. yeh sab depend karta hain.
sumonmia0526
2012-04-18, 07:40 PM
main sochta hu ki sabse badi quality hai emotions ko control krnaa or apni trading k saat patience rkhnaa....
emotional trading can be dangerous for the trader but i m not agreed with u ..the main quality of a trader should be proper money management ..if someone trade with emotionally i don;t think that will cost him too much if anyone having no money management then he will suffer too much
dineshji
2012-04-19, 01:20 PM
a good trader always trade without emotions and he always follow his rule.
he never break rules like money management. he always set stop loss in his trade.
he also wait for right time to trade.
yeah you are right. sub say bara kaam hi emotions ko control kerna hai. agar ap apnay emotions ko control nhi ker saktay to trading nhi ker saktay. I think k good trader trading ko light la ker kerta hai greediness show nhi kerta yah phir post laganay say pehlay hi fear nhi hota k main kahin loss na ker jaon yah phir bohat jiyada optimistic nhi hota k mjhay 100% profit hoga. just moderate rehta ha.
Ronak
2012-04-19, 05:23 PM
i think the good trader is that person who better knows the basics of the trading and also some thing about the forex trading as well, the important thing is that a good trader will always do good work in it, and also its very good for him in the future,
forex is the good opportunity those who are willing to trade..but in some cases forex trader start trading without sufficient knowledge and experience....the first qualities of good trader is to leaning ...because forex is not a game its all about daily experience and knowledge that he earned during life of trading
dmambi
2012-04-19, 06:14 PM
there are many factors that make a good trader but I think simply looking at the profits they make from the market more or less but from the experience and knowledge not due to lucky
Yes a real profitable Forex trader will make money by his hard work and good trading skills not mere luck. A Professional trader will never depend on luck or do some guess work and open positions . Instead he does have concrete reasons before opening a position in the market.
i agree what you say this is true the emotion is the first thing that we have to control before trade forex and the money management is the thing that make us surviver and the analysis may give us profit.
dineshji
2012-04-19, 08:48 PM
forex has got big volatile movement and have much mopre surprizes to show us and the trader who can predict all those surprizes will use this knowledge or this expectations to be successful trader.
dineshji
2012-04-19, 09:06 PM
you are right this is true i agree with you there is no trader can trade without doing any mistake but some times big mistake give you big profit or loss big part of capital or even capital.
ishvara
2012-04-19, 09:22 PM
A good forex currency trader actually have many good qualities, but all those qualities are embedded in just one thing and that is total, efficient and adequate forex currency exchange trading knowledge.
netra
2012-04-20, 02:55 PM
App bilkul theak keh rahay ho, practice ka best way yeh bhi hai ke trade emotions aur greed ko control kernay ke liye demo se cent account per shift ho. Kiyon ke demo account per trading kertay waqat hum in dodno per control nahina ker saktay. yeh dodno uss waqat matter kertay hain jab hum real money invest kertay hai.
netra
2012-04-21, 01:04 PM
absolutely right. its better to stay away from the market or trading for a while when a trader have continous losing trades, it do happens because its a bad day and everybody experience it so the best option is to cool down and not to rush in to trade to get back the money dat is lost.
sunil
2012-04-21, 01:04 PM
every chart has its unique features and they are helpful to the traders irrespective of what they are, short term or long term traders. but yes some charts suits more to particular traders as stated above. though scalpers use 5m and 15m frames, they observe the bigger frames also
sunil
2012-04-21, 01:07 PM
right dude, the good traders takes a calculated risk and never deviates from it. they use a fixed risk in each of their positions. And most of them never risks more than 5% of their capital in a single position.
sunil
2012-04-21, 01:13 PM
absolutely right. those who can retain the profits are good traders. every traders makes profit and most blew it bringing loss but good traders makes profit and retains it well
sunil
2012-04-21, 01:17 PM
minimizing the risk is always better. it will help in surviving in the market for a long time. low risk means safety in forex. but the defect if one takes a low risk is gains also will not be handsome. taking little profit from each positions is also as guilty as having a loss
netra
2012-04-21, 01:33 PM
a good or successful trader doesnt have some sort of tricks or magic to be successful. they simply stick to their plan and never deviates from the basics of trading. they follow the market consistently and keep abreast of the latest happenings and events
sunil
2012-04-21, 01:48 PM
because they also have experience in various market conditions so they are very confident in their ability to see the movement of the market from a variety of conditions that exist
netra
2012-04-21, 01:49 PM
forget the pshycology for a moment, what about the stuborness?
they are stuborn and never give up, so its another key factor in their success
i agree with your views, and especially the third point is essential to succeed until ans unless a trader develop the quality to make good technical and fundamental analysis he / she wont be able to do quality trading. Only when the trader develops this quality he is bound to succeed.
TIMING is a critical factor to succeed in forex and a good trader gives importance to this. everyone knows when a trend appears its good opportuny to make profit. but the perfect TIMING to enter and exit the trend IS THE KEY TO MAKE GOOD PROFITS. so having this quality is essential to succeed
sumonmia0526
2012-04-23, 08:36 AM
We know a lot of people have become successful and making lots of money trading in forex. What are the qualities that makes him/her different from the rest making him/her succesful and profit making trader? lets discuss this topic here friends
the firs point i wanted to tell that he must had some big capital otherwise rare person can be hero from zero.when someone have a big business strategy and have the proper plan he will be a successful either this is forex or other business
taufiqbd
2012-04-23, 12:05 PM
There are some characteristics that help a trader be success, these are
1. Minimum risk taker
2. Emphasize to learn forex not earning profit
3. Punctuality
4. Hard work
5. Analytical ability
6. Control emotion
Ronak
2012-04-23, 12:54 PM
There are some characteristics that help a trader be success, these are
1. Minimum risk taker
2. Emphasize to learn forex not earning profit
3. Punctuality
4. Hard work
5. Analytical ability
6. Control emotion
u hav described right qualities ,,,,hard work and disciplinary decision is major characteristics of a good trader...good trader will always follow this rules for better result in forex
shamim3040
2012-04-23, 01:48 PM
yes,you are right.There are many successful forex trader in this world.Those have own qualities which are given bellow:
1.Control greed
2.Patience
3.Money management
4.Good balance
5.Control emotions
6.Cool mind
7.Learning from mistakes etc.
fxlover
2012-04-23, 02:41 PM
the quality of good trader are many such as
1. avoid greed
2. have personal strategy.
3. avoid scalping.
4. follow proper MM
5. discipline trader.
In my view we have to go for the trading with patience also for the good trader its very important to go with news and we have increase our knowledge and for that we must go for the demo practice.
oscar
2012-04-23, 02:55 PM
takes long practice to be good quality traders ..
we must always apply the discipline and patience to apply our system ..
always avoid making over-trading to keep our accounts in order to survive in this business
xorso86
2012-04-23, 05:17 PM
Most of us yield forex as a get affluent quick arrangement and we wish to accomplish a lot of money in a abbreviate time. But we should apperceive that backbone is the capital key to success.
sinaga
2012-04-23, 06:15 PM
a merchant of good quality I think is a trader who is able to minimize the risk of loss in trading perfectly. and can make consistent profits. he will always be disciplined in controlling the trade and can memanejemen funds which he used in the trade
naziafarhan
2012-04-23, 06:49 PM
One of the most important qualioty of agood trader is that he never takes forex as a gambling chance and he always try to make a green pips and he always trade with goo MM rules. and always follow this.
himel001
2012-04-23, 07:47 PM
A number of qualities are necessary to be a good trader.such as:
1)he must be well educated.
2) well experienced.
3)responsible to his job.
4)he must be emotion free.
5)away from greed. Etc.
shamim3040
2012-04-23, 11:39 PM
A good forex trader has own qualities.And those qualities are given bellow:
1.Improve confidence
2.Time management
3.Money management
4.Control of emotions
5.Keep Patience
6.Control greed
7.Learning from mistakes etc.
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tarun2305
2012-04-24, 01:25 AM
concentration required in forex trading so that we always trade with discipline in accordance with the planning of our trade, because if we do not concentrate we could trade out of the planning that we have made..and a good trader has a very good concentration
kalponick
2012-04-24, 01:52 AM
the main difference between the good and bad traders is they dont repeat their mistakes on their trading.. They keep researching on their fault so they can exclude these in their future trading.. this is why they can maximize their wins and minimize their losses at the same time..
joget
2012-04-24, 07:05 AM
have sufficient knowledge, experience and ability to control emotions, money management and risk management expertise, it can act quickly and take appropriate decisions. have a good strategy in detail a clear plan and disciplined in applying them.
sabujdas94
2012-04-24, 07:43 AM
A trade who make profit regularly and keep his capital save we can call him a good trader.Also they have ability to analyze market movement and a good money management.
+8801711444442
2012-04-24, 09:37 AM
(S)he is a good quality forex trader , who trade forex by following all forex related rules per each trade.a good forex trader doesnt forget to apply money management.a good forex trader doesnt trade hour to hour.
clickme
2012-04-24, 10:13 AM
Hmmm not enough said , good traders have various quality but most of these are , a proper money management, not be greey, not expect to much using just a single hours, not to open many trades, and all over a discipline trade to make a trader really good and get him/her with good profit.
Ronak
2012-04-24, 10:25 AM
Hmmm not enough said , good traders have various quality but most of these are , a proper money management, not be greey, not expect to much using just a single hours, not to open many trades, and all over a discipline trade to make a trader really good and get him/her with good profit.
proper money management and also with a risk management that makes a trader skillful..i think most of qualities is depended on money management and discipline and also need a patience that keep co ordinate of this functions
cac4a26
2012-04-24, 10:52 AM
Control your emotion and make decisions away from emotions is the best quality of any trader.
Most of us yield forex as a get affluent quick arrangement and we wish to accomplish a lot of money in a abbreviate time.
Trader must go for the trading with patience a;lso we have to go here with the news and some strategy making skills os that we can trade here effectively and win here lot as we expect.
viewed and weigh with some aspects that we have and also the information that we get to support the quality and quantity of our trade
does not mean we can directly control it, but balanced with a persistent effort
jahangir2812
2012-04-25, 01:45 PM
All trader should be select the trading with patience also we've got to travel here with the news and a few strategy creating skills so that we are able to trade here effectively and win here ton as we have a tendency to expect. And i hope these quite quality of a decent trader will build his trade successful.
dweet
2012-04-25, 01:58 PM
A good forex trader must have a trading plan. Many traders do not attempt to have a trading plan because they aren’t really sure where to begin or how to write one. It really does not need to be extremely long or complicated to be effective. Essentially the point of a trading plan is to keep us honest with ourself because if we don’t do it no one else is going to.
I connection your judgment friends that when we necessity to prettify a grownup trader we must take to practise patience and correct of the trade we are doing and keep doing perbakan in damage of errors that occurred in our trade
tarun2305
2012-04-25, 05:46 PM
A trader who has developed the ability to correctly navigate the forex market and make profits from it. It has to do with success and mastery of the forex world. It must be noted that it is a gradual process.
tariktanjaoui
2012-04-25, 06:01 PM
Qualities of a Good trader
the good traders is how know lot of thing about forex and he have the ability to perform analysis and make a lot of money in a short time but the key to success is to be patience.
talha007
2012-04-25, 07:14 PM
I agree with you.you are right.There are lots of quality for good trader.Good traders does not depend on the signal.They depend on their own analysis .Thats why they are successful .They have lots of experienced which make them good trader.
sachin
2012-04-26, 12:36 PM
Yes a good trader keeps in mind all the important factors that are important for risk free trading and also to make his trades more profitable. Also he uses his experience and knowledge to his best while performing his trades.
sachin
2012-04-26, 10:25 PM
use of chart is based on the trading style...because if we are doing scalping then D1 chart wil not help but 15m or 5m is needed to be considered...and for day trading 4h or 1d chart will usefull
netra
2012-04-26, 10:50 PM
Yeah,,,,patience is neeeded while doing forec trading.and forex is all about hard work and knowledge...those ,,who trader makes the good experience with daily trading can be good trader,,,learning is must in every stage of trading
mojcris
2012-04-26, 11:07 PM
there are different kind of traders :) and each one uses different strategies :) some of them are newbie and some professional :) but the best one is the one who has learned forex well and practiced then started live trading ;)
tarun2305
2012-04-26, 11:32 PM
there are different kind of traders :) and each one uses different strategies :) some of them are newbie and some professional :) but the best one is the one who has learned forex well and practiced then started live trading ;)
the strategies of different trader mainly depend karti hai ki wo kis lot ka trade aur kis pair me trade kar rha hai agar kisi ko kisis particular pair ki analysis ache se aati hai to wo usi me maximum trade karrega aur ye uski ek achi quality hai
sriforex
2012-04-27, 02:01 AM
We know a lot of people have become successful and making lots of money trading in forex. What are the qualities that makes him/her different from the rest making him/her succesful and profit making trader? lets discuss this topic here friends
patience
emotions
observing the market well
minimizing losses - if you place 10 successful trades and 1 big loss trade i.e. equal to or more than your profit, useless. so try to minimize losses.
use stop loss as a take profit after some positive moment.
independent thinking............
dlesar
2012-04-27, 02:57 AM
Qualities of a Good trader
We know a lot of people have become successful and making lots of money trading in forex. What are the qualities that makes him/her different from the rest making him/her succesful and profit making trader? lets discuss this topic here friends
Qualities that characterize successful trader for the rest of the traders is that he does not get excited and to not be affected by the loss for the first experiment carried out by that he is confident of himself and he may do what the failure of experts to do that he does not risk to his capital uses the best Alastratejaalt and experienced within and permitting him the chance strike the final blow.
forexgain
2012-04-27, 08:14 AM
a good trader will never loose heart and hope. he will always be making good trades at least 95 percent of the times. he has to manage the stop loss in a way that he gets minimum losses
The trader who go with the demo practice and get the experience and knowledge do the best in real trading also he has to go for the trading with the patience and follow the news.
A successful trader has some certain qualities that will make him excel in life. A successful trader recognises early in life that forex trading requires patient you can build your profit with time to become a large amount rather than hurriedly put yourself in danger by trying to make profit in one single trade.
I agree with your opinion. forex is a long term business in which we must always be patient in building our account so that it becomes large. we never think that forex will make us rich in one night .....
oscar
2012-04-27, 09:25 AM
many things to be learned to be a good trader ...
but if we are able to be disciplined and obedient in carrying out plan based on money management, then we will be close to be good quality traders
birbolnath
2012-04-27, 10:34 AM
Good practice makes a man perfect. In forex market is need so much. A good trader must have some qualities. He/She have enough knowledge about forex market. His analytical ability is so high then others. He takes a save position when start trade.
Ronak
2012-04-27, 10:45 AM
Good practice makes a man perfect. In forex market is need so much. A good trader must have some qualities. He/She have enough knowledge about forex market. His analytical ability is so high then others. He takes a save position when start trade.
learning throughout the trading and mistakes is a quality of trader ,,makes him different than other trader..and also practicing for newer things will lead him to unstoppable success in forex market
rookie001
2012-04-27, 11:18 AM
I can think of a few ... a trader can be furious, aggressive, dominant and greedy. He must be learned, ready to adopt to different situations and always on the brink of accepting his shortcomings, flaws and faults. Unless one is able to recognize one's own flaws ... one can't be qualified to correct them ... like a prescription is necessary for a disease to be healed ... acceptance and recognition of one's shortcomings is very essential if they need to be corrected.
netra
2012-04-27, 01:59 PM
Good traders should always keep their mind and head cool and calm ,when they face any kind of odd conditions in the trading market.One should understand their capabilities of the trading market and thus act according to that.Good traders should have a positive feeling and attitude and have a dedication for any kind of target.
netra
2012-04-27, 02:08 PM
Patience is indeed needed in the trading market but yes a proper understanding of the trading market is also needed.A trader should know that in Forex market any kind of situation may arise and one should be ready for that to tackle any kind of problem arises.A particular target with proper plan is needed.
mr revo
2012-04-28, 12:09 AM
Forex trading success is the goal of every forex trader. We all wish to become successful and make millions from trading, but never forget that the journey of a thousand miles begins with a step (good planning, MM, emotion control).
we have to go for the trading with the proper experience and knowledge also we have to go here with the patience and so that we can take the regular profit,we have to go here with the news and so that we can win here.
silenteyes
2012-04-28, 12:24 AM
Experience will come only after we spend some months and years in forex. Knowledge will come according to our efforts. A good trader must have a calm mind and must not over react in case of unfavourable results.
younesjoe
2012-04-28, 12:45 AM
diferent successful trader is a condition how yes keep it all the time it's be patien and risque management in other take 3 or 4 hour in day to learn more about forex and make your strategie
sajid
2012-04-29, 06:09 PM
A successful trader has many qualities and some of qualities are as follows:
1.Control greed
2.understand money management policy
3.Trade with confidence. etc.,
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