What are the requisites to become successful in trading?

[narendra]

And having the best knowledge is not enough to succeed, there are are lots of people who have very good and innovative ideas even then they are not successful. Why? they lack the guts to work out or getting involve in the process actively and they quit on the first hurdle. So its very essential to possess the quality of having patience and never to quit until the desire result is achieved.

[narendra]

a good knowledge of the market and the ability to analyze it well is the prime requisite to be succesfull in this field. and this quality cant be acquired easily, one needs years of experience to be able to analyse the market more accurately

[aryan]

yeah i agree, to have a quality information and knowledge will quicken the process of gaining good experience. so a good source of information is vital for all

[aryan]

in order to understand success one has to taste defeat. there cant be no win if there is no loss. so its a necessity/requisite to face losses in order to succeed in forex. losses show the path to success so its easier to succeed after facing the losses.

[nitintripathi]

planning and the proper analysis are one of the biggest required things in forex and mere khayal hume hamesha demo account pe pehle trading karni chahiye jisse humare skills sharp ho sake and hume kamsekam apni taraf losses ko minimize kar sake jitne zyaada ho and analyse karna bahut hi zaruri hai

[chintan]

i agree with your view, there is no replacement for quality knowledge and experience to succeed in this field. we have been discussing in length on this matter. and this two factors has come out as the most important necessity throughout the discussion.

[chintan]

if a forex aspirant has that feeling and continue to pursue it with dedication, i will say there is nothing which can stop him/her to be a successful trader. Because a good trader will always follow the rules and basics and will continue to update his knowledge irrespective of what he is

[chintan]

yes knowledge is power. it is the requirement to succeed in any field in this modern age. but having the knowledge and not applying it properly will be a misuse of it and bring failure. so a good experience in applying the knowledge for our own benefit is vital to succeed. so knowledge with good experience is required to succeed in forex

[Anand]

Knowledge and experience is play vital role for successfull trading and to become good trader we need to consider the hard work and controlled emotions for effective trading ..

[chintan]

stop loss karna used karo aur money management acha se karo aur zyada lalach na karo aur intezaar karno sikho, kyunki patient is the most important thing in forex market to get succeed

[chintan]

ha bhai hume kabhi ye nahi khena chahiye ki hume sab kuch aata hai , ye ek asia business hai aapne kitna bhi sikh jayoeaga par pura nahi hoga, har din kuch naya sikane milta hai

[SG Trader]

Knowledge and experience is play vital role for successfull trading and to become good trader we need to consider the hard work and controlled emotions for effective trading ..

everything we've ever done in the forex trading becomes an experience. I think the most best experience is when we have experience to drop or loss in our trading.
from there we are required to correct errors that have to be better in the future.

[hetal]

lack of knowledge and and greediness are the main factor that most of the people bacome unsuccessful the forex trading.if you eliminate this then you will become a sucessful trader

[popatji]

the biggest enemy for the traders is themselves......if we can control it then maybe we can be a successful trader in the futures......beside that we must keep on going learning about forex......

[narendra]

Hardwork never goes in vain. You should practice and gain more and more experience on demo and some bonus accounts if you become a successful trader than you don't have to deposit from your pocket you can just trade with bonus money and get the profit.

[narendra]

Also we should learn from our previous mistakes and do not make the same mistakes again.we should also keep improving our strategy and modify it till it becomes good enough to give consistent profits.

[aryan]

Well i say that choose a style like scalping intraday or swing and than start by your own strategy and if you get loss ponder over the reasons and modify the strategy if you get loss again than again modify your strategy and keep modifying until you generate consistent profits.

[aryan]

Everyone should make his money management according to his strategy and capital. Blindly following others is not a good option. And for gaining experience try the demo accounts they really teach many things that we previously don't know. Improve your analysis.

[shah.zoor]

Everyone should make his money management according to his strategy and capital. Blindly following others is not a good option. And for gaining experience try the demo accounts they really teach many things that we previously don't know. Improve your analysis.

sab say best thing aik trader kay laiy forex trading may kamiyaab honay kay liay wo yehi baat hay kay achi money management kerni chaey. ye aik aesa tool hay kay agr ap iss ko achi tarah ker lain to app kabhi bhi forex may baray loss ka samna nae karaingay.

[SG Trader]

Everyone should make his money management according to his strategy and capital. Blindly following others is not a good option. And for gaining experience try the demo accounts they really teach many things that we previously don't know. Improve your analysis.

certainly trading with blindly is very bad for all traders, it only make blowing of our account. this happen because we dont apply the good rules such us money management and risk management, we just do trading like gambling without making good analysis and strategy, even not using any strategy, its really bad for traders.

[miracle]

Everyone should make his money management according to his strategy and capital. Blindly following others is not a good option. And for gaining experience try the demo accounts they really teach many things that we previously don't know. Improve your analysis.

that is right, since i know and apply money management i start feel and trade better than before. money management is different for every trader since we have different strategy and pair to trade.

[motiurbd]

Many things... You must be good in English first.. Not much in Speaking and writing but good in Reading.. then you need to learn basics... then comes money management, emotion control, trading strategy, trading system... If you can master all of these then sure you can be successful like others in this business also..

[anubhavsingh]

Many things... You must be good in English first.. Not much in Speaking and writing but good in Reading.. then you need to learn basics... then comes money management, emotion control, trading strategy, trading system... If you can master all of these then sure you can be successful like others in this business also..

apne thik kaha
acha tradre banne ke liye aapme capability hopni chahiaye ki aap dusre desh ki economy ko thik se pad skae aur study kar sake
iske alawa time management aur money management bhi bahut zaruri hota hai
forex trading me bahut scope hai ache logo kel iye

[kanwaljit]

to become successful in trading keep 10 different charts open and find the most suitable setup in any currencyt then trade that setup, if another curency forms a good setup, move to that currency later

[Ronak]

So many requisites here to become a successful trader but i think that the most for me is to be patient and stick with your plans to get success
to be successfull in every field there is a need of hard working and knowledge ..also in forex there is needed lots of knowledge and experience ,,,and this combination will be requisites for successfull trader

[SG Trader]

to be successfull in every field there is a need of hard working and knowledge ..also in forex there is needed lots of knowledge and experience ,,,and this combination will be requisites for successfull trader

yeah, of course we need lots of knowledge and experiece to be successful in this business. if we dont have enough knowledge we must b patience maybe dont to trading in the real account. we must improve our knowledge in the demo and also invest a small capital in the real account to learn and try psychology of trades.

[realfun07]

yeah, of course we need lots of knowledge and experiece to be successful in this business. if we dont have enough knowledge we must b patience maybe dont to trading in the real account. we must improve our knowledge in the demo and also invest a small capital in the real account to learn and try psychology of trades.

Also apart from knowledge and analysis about the market you need to be patient and disciplined as well and have a calm and composed mind.You also need to make good use of money management skills in order to become successful in trading.

[dmambi]

There are plenty of prerequisites to become a profitable trader, and knowing them will not make us profitable , we need to follow them by heart and mind then only we will be successful. I think whatever we know in real life to be successful , if we implement same here too then also can get success in this business.

[kanwaljit]

hard work and the dedication to run a successful business is the key to be goo in trading, observe the charts carefully, follow the rules keep the lot size small, trade safely, avoid other activities while trading is the key

[blackprince4u]

There are plenty of prerequisites to become a profitable trader, and knowing them will not make us profitable , we need to follow them by heart and mind then only we will be successful. I think whatever we know in real life to be successful , if we implement same here too then also can get success in this business.

Well said..Only telling won't do any good to us. It is the main thing that whether or not we follow these requisites or not.

[jai]

Ak good aur successful trader ban'ny k lye jo basic requirements hen wo ye hen. 1st of all tu wo ak acha learner hona chahye us k bad he must not be greedy and emotional. He must be know about money management and risk management.

[amit]

Yes we need to dom some thing practially and once we start ding that ultimately our all stupid question solve auto, but i want to say one thing if you want to be good try to think like professioanls

[amit]

One thing which is more required which is that rules of trading if a trader follow the rules which he create for the trading then i don`t think there is any problem exits , only thing can you you make good trader in my view which is that to be honest with your professioan and don`t put in our trade your self once you do that then all things start going in your favor

[amit]

First we make a trading plan and then we need to see that how much able we`re and if we know that then what`s the big deal of course money managent protect us all the time because it` s tell us on what`s posiiton we should stop our trading and once we learn that then all thing start going in our favor

[amit]

Ye bat tu theek hy k hmary pass ak stable internet connection aur laptop hona chahye kiun k hmara knowledge kisi kam ka nhi hy agr hm usko situation k hisab sy use nhi kty aur jb situation ho tb agr net he disconnect ho tu kia faida trading ka.

[jai]

Ye bat tu theek hy k hmary pass ak stable internet connection aur laptop hona chahye kiun k hmara knowledge kisi kam ka nhi hy agr hm usko situation k hisab sy use nhi kty aur jb situation ho tb agr net he disconnect ho tu kia faida trading ka.

[krishan]

मैं यह भी bussines में उत्तराधिकारी के लिए चाहते हैं, लेकिन मैं एक succesfull व्यापारी होने का पता लंबे समय से और कड़ी मेहनत की जरूरत है. क्योंकि अब यह अभी भी मैं अपने सीखने रखने.

[krishan]

अग्रवाल एक सफल विदेशी मुद्रा व्यापारी प्रतिबंध ना आपको कुछ बातों का hdyaan रखना padega है आपको ...
1 - आपको उचित तकनीकी और मौलिक अध्ययन करनी hongi ...
2 - आपको बाजार को उचित समय denah OGA
3 - खाते मुझे पर्याप्त होना chahaiye संतुलन
4 - लालच और डर से बाख के रहना chahaiye
5 - अपने से वरिष्ठ व्यापारियों को कर्ण chahaiye का पालन करें

[amit]

yes it is one of struggle and sacrifice that must be passed, sometimes bored and desperate is the thing that makes the trader does not continue trading, but if he continues to persevere and not give up to learn, I'm sure he will be successful as expected

[yamibux]

Oh
Many things required to become a successful trader
Be persistent and patient
And study the market judiciously
And not to rush in making decisions
Calm and abide by the risk of a fixed
And a commitment to strict management of capital

[simbagi123]

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

yaar app ko forex main successful hone k liye bahot kuch karna parrta ha sab se pehely to good app ko bahot sara experince chiye phr large capital ho phr good strategy ho es k bad app ki market analyzing power bahot good ho es k bad ja kar app ek achey trader ban saktey hane or en sab k liye app ko kafi arsa lagey ga


Oh
Many things required to become a successful trader
Be persistent and patient
And study the market judiciously
And not to rush in making decisions
Calm and abide by the risk of a fixed
And a commitment to strict management of capital

wooow app ne kafi achey tareeqy se guide kiya ha mugh ko app k guide karne ka tareeqa pasand aya ha or app ne jo kaha ha k never rush in making decisions to ye bat mere liye new ab main apne mind main ye bhi rakhoun thnx jani


sab say best thing aik trader kay laiy forex trading may kamiyaab honay kay liay wo yehi baat hay kay achi money management kerni chaey. ye aik aesa tool hay kay agr ap iss ko achi tarah ker lain to app kabhi bhi forex may baray loss ka samna nae karaingay.

shah.zor app bilkul thik kah rahey ho money management bhi app k profit loss par kafi asar andaz hoti ha kioun begher money management app koi bhi trade open karte ho to margin call ka ziyada dar rehta ha you say rite my dear

[SG Trader]

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.

[jai]

good opinion ,. I really appreciate your opinion, and I hope you remain patient and continue to learn, because all is the process that makes you further improve your skills in analyze prices, all not instant.

[amit]

it's very good advice, a lot of things that must be passed if we want to be a successful trader, all must go through the stages and processes that are not instant, become a successful trader is not only one or two months in learning, they take a long time, even more one year to be able to achieve consistent profits so can be successful, therefore we must be disciplined trading

[sanjeev]

को सफल n एक विदेशी मुद्रा बनने के लिए आग्रह किया है और सीखने पर रखना और भी प्रयोग, desciplines का पालन करें और बाहर गलत विचार रखने और लगातार बेहतर मार्गदर्शन प्राप्त करने के लिए तैयार करना चाहिए, अगर हर कोई foloows इन चरणों का तो वे निश्चित रूप से व्यापार में sucessful किया जा सकता है.

[krishan]

हाँ बिल्कुल है और मैं भी दिशा में / प्रवृत्ति के साथ यह व्यापार है कि जोड़ सकते हैं और हमेशा उर जेब में उर उम्मीद है और भावनाओं को रखने के लिए और दे उन्हें तुम पर ले नहीं पसंद करेंगे,

[krishan]

हाँ coz हर सफल व्यापारी नुकसान का स्वाद है या यहाँ तक कि एमसी कुछ या अन्य समय है और यह बुरा coz है कि जिस तरह से है कि आप अपनी रणनीति है कि आप निम्नलिखित हैं और भी यू के लिए विदेशी मुद्रा एक बहुत अधिक समझने के लिए समझने के पाश छेद जानने नहीं हैकी तुलना में आप पहले किया था

[chirayu]

i think the best reuisites will be the quality to learn and grasp from this business, coz most of the time i havew seen ppl who get scarce info and start off thinking they know it all, for me the best way sare to get all around the thing so tht you may be able to get the best for everytime you step in

[sachin]

not to interfere with the quality of our trade due to errors of internet connection do we have these problems because of losing money in case of internet connection problems

[sachin]

by sharing knowledge with others I thought it was petrified us to increasingly more knowledge because we will continue to refine our thinking

[akshayfuriya]

would be much better as well when we master a good strategy then we learn that yet another strategy for not learning will never end

[akshayfuriya]

could be a friend because after all the opportunity we were wrong in putting the transaction was always wide open so it does not allow us to be able to profit in every transaction

[arihant]

really all what you convey because somehow we need the name of trade conditions that are conducive to helping us better concentration and focus

[miracle]

I think that the need to be able to be a successful trader is willing to keep learning, especially learning from past mistakes such as loss and MC, so that trading in the future we can trade better.

not many people can do this part. many people when they loss they just give up. i think because they have wrong mind set like want to get rich fast. some times also people who loss in trading think that the broker or marketing already cheat on them.

[narendra]

i think a successful trader is combination of 3 things, technique(whether chartist os fundamentalist), mentally strong (pyschological factor over here) and experience, with those 3 combination you will be a complete trader and you can play with the market

[aryan]

they wont declare their self as master brother, you can recognize whether he/she is a master or not by looking at their trading result

[aryan]

actually we have to filter any information that we received since not all information is right, to decide whether something right or wrong you have to test it(i mean something like strategy, indicator or EA that we get from the forum)

[sanjeev]

फिर धैर्य मुख्य कारक है कि हर व्यापारी है और हम पैसे कमाने में जल्दबाजी नहीं नहीं है क्योंकि यह नहीं होगा उपयोगी हो सकता है एक सफल व्यापारी बनने चाहिए

[sanjeev]

धन प्रबंधन बहुत ही महत्वपूर्ण कारक है जिसमें हर व्यापारी it.If में विशेषज्ञ हो सकता है आप अच्छा पैसा प्रबंधन करना चाहिए तो आप profit.good आत्म विश्लेषण का एक बहुत भी लाभ कमाने के लिए बहुत महत्वपूर्ण है

[dmambi]

सुच्सस्स्फुल ट्रेडर बनाने के लिए हमे बहुत ही मेहनत करना पड़ता है. हमे बहुत ही समादान से ट्रेडिंग करने की प्रक्टिस करना चाहिए. और हम अपना प्लान को अछि तरह समजे के उसके मुताबिक चलना चाहिए.

[raja]

traders try to do an analysis and pray, in order to profit, if the trader has a habit of praying it will help the psychology of trading, and can trade with a relaxed and comfortable. novice trader should begin trading with the manual way, I also have not tried to use a trading robot, I believe the manual trading can produce consistent profit

[bhanu]

For becoming a successful trader we need:

1. Knowledge about the Forex markets

2. Time to study the markets

3. Proper planning of the trades

4. Well balanced strategy

5. Using both Stop Loss and Take profits

6. Going with the market Fundamentals

7. Implement any strategy in Demo before trying in the Real accounts

8. Maintain Focus on 2 or 3 currency pairs at one time.

[realfun07]

successful strategy does not mean that you can get it with in short time. It needs lot of time and after many hit and trial you may be able to get good strategy other wise you may not be successful in short period of time.

A trader needs to first practice his strategy in demo account and then after that trade in real account with it and when he is sure about consistent results then he can be sure of it.So it takes a long time to figure out a profitable trading strategy.

[weekager]

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
greed or emotions ager app log en do cheezoun ko control karna seekh gaye to aese samghain k app ne 75% trading seekh li ha es k bad app ko money manegement karna bhi aata ho ye bhi kafi importent cheze ha forex trading main

[miracle]

A trader needs to first practice his strategy in demo account and then after that trade in real account with it and when he is sure about consistent results then he can be sure of it.So it takes a long time to figure out a profitable trading strategy.

the think required is we have to see this forex business as long term business. so that we should really find successful strategy that can make profit at least 10% per month consistently. it's more than enough to get big money in the long run. get away all the greedy and fear because we make business for our next generation.

[raja]

all things are right and one thing i want to add some thing more that for getting 10 percent per month you need to have some good money in your account. lets if you have 2K in your account then 200 dollar per month is good but if you have only 100 dollar then i think you will not accept 10 dollar per month so for this purpose you need consistency for getting less profit.

forex trading take advantage of price fluctuations for profit, the trader has a strategy that can be used to manage risk, and earn a consistent profit, in forex trading we can make profit in two ways direction or buy and sell and the forex price is cant make one way movement and must make correction and that is why many big investor want invest at forex trading.

[sanjeev]

फिर व्यापारियों मानसिक रूप से काफी मजबूत करने के लिए विदेशी मुद्रा में दबाव और भावनाओं वर्तमान के साथ सौदा हो सकता है जबकि trading.if वह मानसिक रूप से मजबूत और शांत है तो वह लाभ का बहुत कमा सकते हैं चाहिए

[sanjeev]

फिर हर किसी विशेष क्षेत्र में एक विशेषज्ञ बनने के समय की जरूरत है. समय के रूप में चला जाता है वह अनुभव और ज्ञान अर्जित कर सकते हैं तो धीरे धीरे वह उस विशेष क्षेत्र में विशेषज्ञ बनने के

[narendra]

I agree, as long as the spirit of learning, then it will have hope, direction of my study, also want to minimize the risk, with a realistic return, I observed several pair, but encouraged me to enter the market, and overtrade, this time I observed only one pair , in order to discipline

[narendra]

mental issues I think traders should look for yourself, since all traders have a different psychology, forex can indeed make a rich, but it can also make us poor, which is important for us to proceed and have the motivation, do not think to become rich overnight

[Anand]

The key is a friend and in the process to be successful in forex.Hard work is the key for forex.The time to give us experience in this business .

[narendra]

traders to test strategies using a demo account, after successful demonstration could use a real account, and began studying psychology trading

[aryan]

Well i say that choose a style like scalping intraday or swing and than start by your own strategy and if you get loss ponder over the reasons and modify the strategy if you get loss again than again modify your strategy and keep modifying until you generate consistent profits.

[aryan]

Everyone should make his money management according to his strategy and capital. Blindly following others is not a good option. And for gaining experience try the demo accounts they really teach many things that we previously don't know. Improve your analysis.

[aryan]

Well said..Only telling won't do any good to us. It is the main thing that whether or not we follow these requisites or not.

[sachin]

opinion from newbi is if we want to become a succses trader we must always learn all about rule on trading,.analys and also fundamental,..

don't be greedy,..and also always consistent on trading

[sachin]

same with me bro,..

i want to succes in trading too,..please for master on trading share tips in here about how to be a succes on trading

[arihant]

han bahi discipline hona chahaye trader or an rules ko follow kerna must ha kuin mein ne notice kia ha bohot se trader rules to bna lete hain lekan follow nehe ager successful tradwr bena ah to rules ko musty follow kerna hahaye and alos with good trading plan

[arihant]

Han ye to ha technical point ho k kafi jarori hain lekan hum kevil in baaton pe rely nehe ker sekte Forex is an psychology game right so fir humhein apne emotion ko b control kerna ho ga aik aca trader bennen k leye

[arihant]

acording startegy i not bahi straegy kia kia connection ha money management se kuin koi b strategy 100% result nehe de sekti right to pher strategy for management ?
of course random bilkul b nehe kerni chahaye kafi nuksaan de oti ha ye
AIk confusion ho milha ta experince demo per wo real per kam kuin nahi kerta?

[kamla]

Forex mein hard working se b ziada aik cheez kerni perti ha or wo ha smart rehna or trend k sath rahna , hard working to aik peon b kerta ha lekan kuh nehe milta us ko isi leye humheim ache tools use kerne chahaye jahan tek ho sekeye smart ben apni trade kko oper he rakhna hota ha

[kamla]

i think aik cheeze trading mein bohot specific ha or wo ha humhari paitent , jitna saber hum ho ga hum utni he deer market mein raheen gein or profits ler ker nikleein gein, or ager fast beney ki try kerien gein to loss to pher ha hey humhare leye

[SG Trader]

same with me bro,..

i want to succes in trading too,..please for master on trading share tips in here about how to be a succes on trading

certainly many trader want to success in this business,
you must do seriously this business, many trader has heard and found any forex rules and strategy and many from their is avoid it. so i think we need motivation from ownself

[s19]

same with me bro,..

i want to succes in trading too,..please for master on trading share tips in here about how to be a succes on trading
well friend in forex every one want to be success.
for this aim everyone sharing their own personal view and trading experience. we should learn from their experience.
from my last 6-7 months trading experience i feel greed and emotions are always kill our earning growth.

[dmambi]

In this market success is like illusion, whatever effort we do here , it escapes from our hand like the sand. so one must never give up and keep learning and improving the trading skills to become a successful trader.

[bestlooser]

just feel success in forex can be temporary so you have to adjust to different condition of market as market can keep on changing by the time and you have to change your methods time to time. really there are few things you require to be successful is big capital and and a method a plan and as we know 1 idea jo zindagi badal de. so just use your mind in forex.

[bhanu]

First of all you must have interest and good mentality in order to understand this complex business. Then work hard in this field by reading out different good articles and interact with experienced traders who are already earning handsome amount in order to become a successful trader.

[arihant]

I agree with you it is very hard that we stick our trading as per trading rules but If we will not do this then always we will get loses and we will never become good trader. Some time it is possible if we break rules and we also get profit but not all the time.

[tibasingh]

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

sab se jo requre thing ha forex trading main woh ha decipline es k bagher app kuch bhi nahi jab app ki trading main rabt he nahi ho ga tab app kese kamuab houn ge bhala esi liye main to yahi kahoun ga k app sab se pehele es main dexipline banain k kis taran se trade karni ha

[nikhil]

successfull ttrading is only depended on the trader;s knowledge and experience ...but for this they need to make some learning from their day by day trading..and apply money management in correct timeline...

[nikhil]

Yeahh..you are right....money management should be in proper time line ...with this discipline is also needed...trader can achieve succeess while they have good knwoledge with proper money management and proper time line

[burayak]

In this market success is like illusion, whatever effort we do here , it escapes from our hand like the sand. so one must never give up and keep learning and improving the trading skills to become a successful trader.

always highly motivated to remain consistent studying and practicing consistently that we are able to analyze price movements so that we can produce a profit in accordance with the objectives to be achieved.

[mayengbam]

In this market success is like illusion, whatever effort we do here , it escapes from our hand like the sand. so one must never give up and keep learning and improving the trading skills to become a successful trader.

Somewhatn agree with your opinion. Th point is to make that illusion becomes a reality. A vision of success is a very good motivating factor it will drive a trader to give more effort in his quest to succeed

[nikhil]

thats call greed....they think that forex is money making machine..and start doing gambeling..so firstly to be success we need many rules and discipline we should follow...and hard working and patience needed in forex...

[nikhil]

Keep learning, keep practice, until we find the ways suitable for us, until one day we realize what is the problem with us, until we know how to improve ourselves to get a good result.

[nikhil]

A descipline trader with good system, good strategies, and good money management, then he can be a successfuktrader, so change ourselves and accept the market, that will make us become successfultraders.

[kamla]

yes friend you are exactly correct of this opinion . we must be follow rule to become successful otherwise its very very hard and have to determination to achieve this because there must be ups and down in forex and have to handle this with carefully.

[burayak]

to be successful in the forex business is not as easy as previously thought because it will require skills and experience that must be performed by each trader must be able to use strategies in addition to the rules of the system used must also be able to control our emotions.

[kamla]

Its the point i always said , we need to time . anyway if we want educational degree then need so much time to passed and when forex is a great business then we need to give much time to learn attentively and its everybody know when there will be vast experience i think everybody will able to earn from this field.

[safeerforex]

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
asal main app ko yahan ager successful trader banana ha to phr app ko es k mutaliq sab kuch janana ho ga demo trade se bhi app kafi ziyada seekh saktey ho demo account par app sab indecators or strategy apply kar k apne app ko real trading main profit k qabil bana saktey ho baki es forum se or dosri bhi bahot si websites hane jin ki madad se app kafi knowledge gain kar saktey ho

[Jazpa]

asal main app ko yahan ager successful trader banana ha to phr app ko es k mutaliq sab kuch janana ho ga demo trade se bhi app kafi ziyada seekh saktey ho demo account par app sab indecators or strategy apply kar k apne app ko real trading main profit k qabil bana saktey ho baki es forum se or dosri bhi bahot si websites hane jin ki madad se app kafi knowledge gain kar saktey ho

Mein aap se sahemat hu. Demo accounts bahut kaam ki cheej hai. Demo accounts hamko real trade k liye tayar karti hein. Hamein real trade karne ke liye jigar, efforts, experience aur dur mein kabu chahine jo hamein demo account trade sikata hai. So hum demo trade se kafi kuch sik sakte hein.

[nikhil]

I also think so but trully saying sometime i found this and most of the time i dont find this . anyway i think if they really share with us then many newbie trader will get help no doubt but i think they have to share mentality first .

[zaloo]

the forex requests to be a successful trader that you must take more time learning on demo account until you have enough experience , then when you end using demo account you must avoid other's mistakes that's to avoid meeting a big mistake after using the real account .

[hiren]

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.

[kamla]

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 .

[mayengbam]

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.

we should know that the best strategy will fail many a times during the trade but that doesnt mean the strategy is defective.

[anchitkole]

Very good advise but it is hard for the traders to stick with rules and i think it is the major problem of all the forex traders. Even more experienced traders can't stick with the rules during normal course of trading.

[rakesh]

Jab bhi aap poors market ko aik dam say conquer karny ki koshsish karo gay aap nakaam ho gay aur market par poora focus rakhny kay liye aap ko sirf aik hi pair par dhayan lgana ho ga.

[rakesh]

for all traders, they have their own right way to trade. we should have a complete trading system, but its not easy to creat, it needs a long time to learn technical analysis and improved.

[lovefx]

a well strategy based with a discipline money-management is required to become a successful trader. Also all the basic and trading knowledge is needed along with the strategy and other things.

[realfun07]

a well strategy based with a discipline money-management is required to become a successful trader. Also all the basic and trading knowledge is needed along with the strategy and other things.

I completely agree with you as a strategy with money management is a prerequisite to become a successful trader in forex trading.Money management is one thing which reduces the risks of a trader thereby reducing the losses which also means more profits for a trader.

[yogesh]

I completely agree with you as a strategy with money management is a prerequisite to become a successful trader in forex trading.Money management is one thing which reduces the risks of a trader thereby reducing the losses which also means more profits for a trader.

Yeah should be nothing more important than preserving your capital and trying earn moderate profit, if you earn profit by exposing your entire capital to very high risk it would be very difficult to servive in forex trading even in short term.

[anchitkole]

For me the requisites for becoming a successful trader are high class forex education and experience. Without a very good knowledge we can never trade in a better way and without experience knowledge is not so useful.

[sameerjazba]

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 app forex trading main kamyab hona chatey ho to phr app ko chiye k sab se pehely es k barey main kafi knowledge hasil karain us k bad app ko demo trading karni chiye demo trading karne se app ko experince hasil ho ga or jab app wahan se profit banana shuro karain ge to phr app waqai he real trade k qabil ho jatey hane or phr real main app sahi decssion le kar kamyab trader ban saktey hane

[hetal]

यदि आप एक अच्छे और सफल व्यापारी होना चाहते हैं तो आप अपने स्वयं के नियंत्रण की जरूरत है, अनुशासन के साथ जाने के लिए और अपनी भावनाओं पर नियंत्रण तो आप अपनी tradings से आत्मविश्वास मिलेगा.

[anitagala124]

A descipline trader with good system, good strategies, and good money management, then he can be a successfuktrader, so change ourselves and accept the market, that will make us become successfultraders.

[anitagala124]

Keep learning, keep practice, until we find the ways suitable for us, until one day we realize what is the problem with us, until we know how to improve ourselves to get a good result.

[rakesh]

the most biggest requirement in forex trading is discipline and trading with proper rule.Many often sketch out a good MM rule but they fail to follow it and finally they lose it.
so to attain success one should trade wit proper MM and patience and should not misuse high leverage.

[Garry]

most important for traders is patience and other is activeness . time should be spend in front of screen and trade on the right time.
if u loss the patience , then u will loss.

[wolfkamikaz]

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

[rakesh]

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 .

[nikhil_rrane]

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 .
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.

[rakesh]

I think it takes to be a successful trader is always not to give up when the loss and the MC and also continue learning. such as analysis, money management, trading psychology..

[rakesh]

I think it takes to succeed in forex trading you must have a trading plan that has been tested with good, including good money management, analysis etc.. and also has a good trading psychology.

[rakesh]

right to be successful in trading we must continue to practice analysis in the demo, good money management, and also studied the psychology of trading..

[aniket]

I also think so but trully saying sometime i found this and most of the time i dont find this . anyway i think if they really share with us then many newbie trader will get help no doubt but i think they have to share mentality first

[vikas]

Its the point i always said , we need to time . anyway if we want educational degree then need so much time to passed and when forex is a great business then we need to give much time to learn attentively and its everybody know when there will be vast experience i think everybody will able to earn from this field.

[vikas]

yes friend you are exactly correct of this opinion . we must be follow rule to become successful otherwise its very very hard and have to determination to achieve this because there must be ups and down in forex and have to handle this with carefully.

[anubhavsingh]

a good knowledge of the market and the ability to analyze it well is the prime requisite to be succesfull in this field. and this quality cant be acquired easily, one needs years of experience to be able to analyse the market more accurately

aapne ekdum thik kaha bhai
acha trader ban ne ke liye amrket ki information hona bahut main baat hai
iske alawa apko analyse karna bhi thik se ana chahaiye....money management bhi bahut zaruri hissa hota hai

[ACE]

The best way is to to follow each and every step of learning, practicing and experiencing trades. We know only that thing which is common , we should learn that thing that are said as "difficult" , but we skip them. Practice is the way to success . Try until you succeed.

[balakalimuthu]

Discipline.
The most prime requisite to become successful in trading. Everybody learn to good strategy. But no strategy is 100% perfect all the time. So, when a well tested strategy goes against only the discipline could protect us. Finding a good entry alone not important, exiting at right time is must. Only with discipline we can produce consistency.

[nikhil_rrane]

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.

[hetal]

well said bhai
ache trader ko forex ko aur usse hone wale aanalysis ko ache se samjhna chahaiye
forex me techncial aur fundamental studies hoti hai aur iske alawa money management aur time management bhi aana chahaiye

[hetal]

apne thik kaha
acha tradre banne ke liye aapme capability hopni chahiaye ki aap dusre desh ki economy ko thik se pad skae aur study kar sake
iske alawa time management aur money management bhi bahut zaruri hota hai
forex trading me bahut scope hai ache logo kel iye

[strong]

actually we have to filter any information that we received since not all information is right, to decide whether something right or wrong you have to test it(i mean something like strategy, indicator or EA that we get from the forum)

Filtering the information required by us and testing the things before using them in real account is really a basic need for a forex trader. For me the main requisite for a successful trader is the interest he takes in learning the forex and the time he spend in learning.

[hetal]

The main pre-requisite to making it to the top successfully in forex trading is to follow all the rules from studying in study sites like www.********.com and also the study/training in demo trading to live accounts. All these makes a good trader.

[anubhavsingh]

The main pre-requisite to making it to the top successfully in forex trading is to follow all the rules from studying in study sites like www.********.com and also the study/training in demo trading to live accounts. All these makes a good trader.

well said bhai..this poiint is very important for all forex traders
chahe trader bada ho ya chota...naya ho ya purana..usko forex ke basics aur rules ko zarur follow karna chahiye..jo bhi inhe ignore karega uske liye forex me survive karna bahut mushkil ho jayega..forex me agar aap paisa lagate hai to aapko us paise ko bacha ke bhi rakhna hota hai aur usse aur paisa kamana hota hai..iske liye aapko forex ko seriusly karna hoga

[aniket]

sab se jo requre thing ha forex trading main woh ha decipline es k bagher app kuch bhi nahi jab app ki trading main rabt he nahi ho ga tab app kese kamuab houn ge bhala esi liye main to yahi kahoun ga k app sab se pehele es main dexipline banain k kis taran se trade karni ha

[vikas]

greed or emotions ager app log en do cheezoun ko control karna seekh gaye to aese samghain k app ne 75% trading seekh li ha es k bad app ko money manegement karna bhi aata ho ye bhi kafi importent cheze ha forex trading main

[aniket]

For becoming a successful trader we need:

1. Knowledge about the Forex markets

2. Time to study the markets

3. Proper planning of the trades

4. Well balanced strategy

5. Using both Stop Loss and Take profits

6. Going with the market Fundamentals

7. Implement any strategy in Demo before trying in the Real accounts

8. Maintain Focus on 2 or 3 currency pairs at one time.

[aniket]

Many things... You must be good in English first.. Not much in Speaking and writing but good in Reading.. then you need to learn basics... then comes money management, emotion control, trading strategy, trading system... If you can master all of these then sure you can be successful like others in this business also..

[aniket]

Money Management, Good Analysis, Sound Trading System, Discipline, Well Informed and Most Importantly Emotionless... These are the pillars to be successful in this biggest and most volatile market of this earth

[vikas]

the think required is we have to see this forex business as long term business. so that we should really find successful strategy that can make profit at least 10% per month consistently. it's more than enough to get big money in the long run. get away all the greedy and fear because we make business for our next generation.

[vikas]

not many people can do this part. many people when they loss they just give up. i think because they have wrong mind set like want to get rich fast. some times also people who loss in trading think that the broker or marketing already cheat on them.

[vikas]

that is right, since i know and apply money management i start feel and trade better than before. money management is different for every trader since we have different strategy and pair to trade

[nikam]

yeah you are right even though we only use $ 10 of capital only after all our aim is not look for profit but how do feel the workout in a real trading account if we can be grateful for and if we can repeat statements

[furiya]

Jab bhi aap poors market ko aik dam say conquer karny ki koshsish karo gay aap nakaam ho gay aur market par poora focus rakhny kay liye aap ko sirf aik hi pair par dhayan lgana ho ga.

[nikam]

Very good advise but it is hard for the traders to stick with rules and i think it is the major problem of all the forex traders. Even more experienced traders can't stick with the rules during normal course of trading.

[furiya]

for all traders, they have their own right way to trade. we should have a complete trading system, but its not easy to creat, it needs a long time to learn technical analysis and improved.

[furiya]

In my opinion the requisites to become a successful trader are demo trading for at least 4-6 months plus he must have a lot of patience, knowledge about Forex trading and the last and the more important thing is that he must have a good discipline.

[furiya]

Learning is a life time process and it does not end at all at any stage of our life. I think we should not think ever that we are master of forex and we know every thing. If we keep learning the forex and learn from our previous mistakes then we we be successful traders for sure.

[barmanitrade]

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 app forex market main successful hona chatey ho to phr app ko chiye k app sab se pehely es k mutaliq jitna ho sakey knowledge hasil karain es k bad app demo trading main aa ker trade karain or jab app wahan par kafi profit bana len to phr real trading main ayen esi taran app forex trading main kamyab ho saktey ho

[furiya]

the longer we use a system then we will semaki proficient,
because we will surely find many errors that can be fixed,
as we have friends, the longer we can adjust to it.
let's just say it was a friend of the system.

[nikam]

I agree with you, but if you did not have money, you can use a bonus account to learn. both are equally as affecting our psychology.

[nikam]

I agree with you, the longer we stay, the more experience we can get.
and the more experience, the more adept we are facing the market.
then think about getting the maximum benefit.

[dmambi]

Learning is a life time process and it does not end at all at any stage of our life. I think we should not think ever that we are master of forex and we know every thing. If we keep learning the forex and learn from our previous mistakes then we we be successful traders for sure.

Yes learning never ends, specially in Forex trading learning is a journey of life time. So if we keep on sharpening our Axe before going to cut the tree daily the effort required to cut the trees will be less. similarly daily learning and improving activities should be practiced continuously.

[furiya]

yes you are right, there is always the gap we will experience a loss.
because we are predicting the price, and we do not know the future, and we do not know where prices will move.
so we need MM to reduce the risk posed.

[nikam]

I agree with you, and indeed all traders should follow your advice,
I recently found a system that fits a few months ago,
and now I feel a change in its use,
I became more tau deficiency and excess.

[furiya]

yup,You are right. if we wait then we have many opportunities to learn.
due to the nature of the patient, our account will last a long time. and we will have more opportunities to gain experience.

[nikam]

to impart knowledge to others, we automatically repeat the lesson,
therefore, we automatically become more proficient and more mastered what we give.

[jadhav]

yes I agree with you,
but the first thing we find is a good technique,
so that it can create a good learning experience too.

[nikam]

Mein aap se sahemat hu. Demo accounts bahut kaam ki cheej hai. Demo accounts hamko real trade k liye tayar karti hein. Hamein real trade karne ke liye jigar, efforts, experience aur dur mein kabu chahine jo hamein demo account trade sikata hai. So hum demo trade se kafi kuch sik sakte hein.

[jadhav]

I would say perfect forex knowledge is the most important requisites to become successful in forex trade. Without any knowledge or just small knowledge will not help us to deal with complicated situations in forex. If we aim to win in forex then definitely we have to understand its every step. So we need good and healthy forex knowledge.

[atif58]

To become a successful trader first of all get a great knowledge of market. Make strong your technical and fundamental analysis. And never follow signals sellers. Always do your own analysis.

[nikam]

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.

[nikam]

yes brother u r right and acceptable to newbies.
agar hamare pass expiration nahi bhi hoga to chalega per 1 baat yaad rakhni cahiye ki pehle demo pe work kare to real trading main aasani rahegi and easily understand kar sakenge hum.

[shinde]

to become successful n forex one must have the urge and be ready to keep on learning and also experimenting, follow desciplines and keep out wrong thoughts and constantly gain superior guidance, if everyone foloows these steps then they can surely be sucessful in trade.

[nirale]

yes exactly and i will also like to add to this that trading in the direction/ with the trend and always keep ur expectation's and emotions in ur pockets and not letting them take over you,

[shinde]

i think the best reuisites will be the quality to learn and grasp from this business, coz most of the time i havew seen ppl who get scarce info and start off thinking they know it all, for me the best way sare to get all around the thing so tht you may be able to get the best for everytime you step in

[shinde]

I completely agree with you as a strategy with money management is a prerequisite to become a successful trader in forex trading.Money management is one thing which reduces the risks of a trader thereby reducing the losses which also means more profits for a trader.

[anubhavsingh]

I completely agree with you as a strategy with money management is a prerequisite to become a successful trader in forex trading.Money management is one thing which reduces the risks of a trader thereby reducing the losses which also means more profits for a trader.

bina money management ke forex se paisa nahi kamaya ja sakta .. maien abhut se aise tarders ekhe hai jo ki money management ko seriusly nahi lete jis wajah se unko bahut zada loss hota hai jo recover karne me bahut time lag jata hai
forex se paisa kamane ke liye money management thik se seekhna bahut zaruri hai warna forex aapke liye bahut risky ho jayega

[cumil]

I completely agree with you as a strategy with money management is a prerequisite to become a successful trader in forex trading.Money management is one thing which reduces the risks of a trader thereby reducing the losses which also means more profits for a trader.

The successful traders are always concerned about money management, they learn how to manage finances properly, which previously entrusted entirely to the workings of the system, where they are always trading with high risk

and also to become a successful trader must learn to control emotions and adjust to the system is in use, the system must be adapted to the trader's psychology so that according to the character of each trader, successful traders always apply and to improvise with a system and begin to find a system that suits with the trader trading style.

[da2ng1]

we must have planning for trading success, we must make good strategy trading and rule when trading with following good disipline. make our emotions be low and sure if we want to trading forex. don't be shy to ask senior and master forex when trading.

[anubhavsingh]

we must have planning for trading success, we must make good strategy trading and rule when trading with following good disipline. make our emotions be low and sure if we want to trading forex. don't be shy to ask senior and master forex when trading.

forex me planning ki bahut zarurat padti hai kyunki plan kiye bina aap koi bhi strategy nahi laga sakte aur bina strategy ke trading karna bilkul bhi advisable nahi hota

iske alawa har tradre ko forex ke basic rules ko follow karna chahaiye aur thek se technical aur fundamental analysis karne ke baad hi koi trade karna chahaiye

[kanwaljit]

trade small trade smart follow money management invest wisely research technical charts on all time frames plan a good trade follow all londs of fundamental news which can affect the technical trend and take a well balanced trade

[shinde]

to be successfull in every field there is a need of hard working and knowledge ..also in forex there is needed lots of knowledge and experience ,,,and this combination will be requisites for successfull trader

[lax]

thats call greed....they think that forex is money making machine..and start doing gambeling..so firstly to be success we need many rules and discipline we should follow...and hard working and patience needed in forex...

[lax]

Yeahh..you are right....money management should be in proper time line ...with this discipline is also needed...trader can achieve succeess while they have good knwoledge with proper money management and proper time line

[lax]

successfull ttrading is only depended on the trader;s knowledge and experience ...but for this they need to make some learning from their day by day trading..and apply money management in correct timeline...

[prem]

never wait for luck its not certain.hard work is the key and remember fortune also favors the brave only.do hard work in learning and trading thats the only solution to get our goals.hard work and praying was my friend,experience also.

[dimdim]

I believe a good computer system with a good internet connection is a very important requisite to trade also. We know how it is quite frustrating when requotes pop up every now and then if the net connection is slow.

[dweet]

Learning is the requisite to become successful in trading. Even after we are doing well in trading we still need to continue learning since forex market is so dynamic and it keep changing. With learning we will have the ability to read market well which is the key ingredient in making profitable trades.

[shinde]

the most biggest requirement in forex trading is discipline and trading with proper rule.Many often sketch out a good MM rule but they fail to follow it and finally they lose it.
so to attain success one should trade wit proper MM and patience and should not misuse high leverage.

[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.

[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.

[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.

[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.

[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

[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...

[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.

[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.

[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.

[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

[Phenom II X6]

a good knowledge of the market and the ability to analyze it well is the prime requisite to be succesfull in this field. and this quality cant be acquired easily, one needs years of experience to be able to analyse the market more accurately
aapne ekdum thik kaha bhai
acha trader ban ne ke liye amrket ki information hona bahut main baat hai
iske alawa apko analyse karna bhi thik se ana chahaiye....money management bhi bahut zaruri hissa hota hai

[rinjani]

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.

It is true, forex trading can only be learned by practice directly.
without practice and only by studying the theory of course we will not be able to add trading capabilities we have.
because of trading experience we have will help us to gain profit.

[ali1011]

We should good computer system ok without problem and good internet connection without any problem and we should open position in circule and and used good strategies and fallow good signals and learning side also should be good then you can make successful in you trading feature.

[kulonikilaregunung]

this is not possible for a newbie that they start trading and earn in all there trading. and this is not possible that you will be a rich man in one year only. trading is a business where people work hard for 3 or 4 years and then earn good from trading but we don't say about this that they are rich after 3 or 4 years. so don't think that you are rich in one year. and your earning double in every month that is not true not impossible but not easy.

[shinde]

or becoming a successful trader we need:

1. Knowledge about the Forex markets

2. Time to study the markets

3. Proper planning of the trades

4. Well balanced strategy

5. Using both Stop Loss and Take profits

6. Going with the market Fundamentals

7. Implement any strategy in Demo before trying in the Real accounts

8. Maintain Focus on 2 or 3 currency pairs at one time.

[lax]

I completely agree with you as a strategy with money management is a prerequisite to become a successful trader in forex trading.Money management is one thing which reduces the risks of a trader thereby reducing the losses which also means more profits for a trader.

[newentry]

forex is a good business with Financial Freedom for the clients, they can manage by theirselves and there is no pressuring from the other side, but with this freedom, they have to have a good ability to face the market with clear..
good attention to this business will build a good system with supported by high discipline and of course discipline need patience too
as i know for some experiences that i have gotten from beginning till now, many things that i have learned and all must be supported by discipline and patience

[hsngs14]

to be successful tradere you have to do some practice on real account and try to use a lot of indicators and strategies and try to find the best money management for your account.

[zeghbadrahem]

i think that you should control your emoion in the tow case of the wining or the losing when you do this step you will cut the half of the way of the success because as i heard that the trader feel that they revenge from the markets when they lost with big lot wich mean the lost of the othr money

[zeghbadrahem]

i think that you should control your emoion in the tow case of the wining or the losing when you do this step you will cut the half of the way of the success because as i heard that the trader feel that they revenge from the markets when they lost with big lot wich mean the lost of the othr money

[mayengbam]

I can suggest some good points which would be helpful to you to become a good forex trader . Don't be greedy while doing trading . Don't take wrong decision there is chances of more loss if you took a wrong decision . Keep some patients and increase your investment little by little , and the main thing do not re-invest , many trader do re-investment and suffer a loss. And grab some good ideas about forex trading .

I cant understand what you meant by wrong decision here, We lose a trade because our calculations / decisions were wrong. And it do happen many a times because no one can predict the market with 100% accuracy all the time. Even the best traders suffer loses due to wrong calculations / decisions. So what is important is to follow a strategy and stick to it and that's the decision we have to take

[shareem]

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

[zaloo]

becoming a successful trader this requires some benfits you must have , some of these benfits you must have an enough amount of knowledges and experiences to face any problems may meet you in any trade also you must recover the knowledge of all indicators .

[seahawks90]

i must say the only thing which will work for you in trading is the strategies which you will implement on your trades because strategies make a huge difference and you must know that when and where to invest because a lot of people choose the wrong currency at wrong time and face some huge loss.

[naik]

Understanding of the forex currency trading business and hard work are the two things that we should set as a foundation in order to make profits or success in forex trading. With these two, we will be able to take the right trading decisions at all times when we are trading the forex trading markets.

[fxquest]

I think everyone wants success in forex but if you want success then you need to study about forex.
How it works?
When forex trading is good for profit?
It is vary importent to how you manage your money and your emotion.

Yeah it would be senseless to simply jump and starting to trade without gaining enough knowledge and experience first. Every one should get to know the basics of forex trading do some practice and things look familiar start trading with little money.

[issamlitim]

to be successeful trader you have to learn more about trading in forex and get a lot of informations about ea and indicator it's helpful even you can learn from traders in this forum.

[mohit]

do not rush to enter into the market before entering into the market you must properly analyse the market and then only you should enter into the market otherwise you will not be able to get the profit in the forex trading

[newentry]

because they have less knowledge and then think to hurry up want to get the profit in this business and then they also ignore to keep stable their emotion, these are the caused of loses but after they accept them, i think they will learn with good and be careful for the future

[tarun2305]

kuch log to keval isliye loss kar lete hain kyuki wo bina strategy ke trade karte hain aur bina strategy ke keval unko loss hi milega kyuki jo bhi trade hota hai uske peeche har bar koi na koi valid reason hi hota hai...

[dmambi]

There is no shortcuts in this business, so we need to do some hard work and study to improve ourselves and start making profit by staying ahead of other traders who are trading opposite to us around the world, if we can we will making money else we loose the money to the better trader.

[ermaniso2011]

we have to always keep control over our emotions and follow the rules of the market and our strategy.when it comes to follow the rules we have to act like mechanical.if a trader will never break his own rules l m sure will have a successful forex trading future.forex have to be treated as a life time business.and the love to forex have to be there always.

[princeali]

a good money management and also a good system and a good knowledge about economy . this is the powerful thing which can make your life success . its true . i apply this to trade .

[seahawks90]

you must have the proper knowledge of forex because if you have the proper knowledge you can develop your own skills and can make your own strategies
so first you just have to gain some good knowledge of forex trading.

[indianforex]

A trader needs to be practical in his approach. He must be prepared to take risk, must take responsibility for all his actions. Must take decisions, whatever that may be. A trader is an independent entity and he cannot wait for some one else to make decisions for him. whatever has to be done, he alone must do it.
yes i agree with you.a good trader needs more practice to get success in his trading and he can get experience by his practice only.and we should take our failures as good lessons.if you get loss in your trade dont blame yourself.we should keep learning

[seahawks90]

you must have the proper knowledge of forex because if you have the proper knowledge you can develop your own skills and can make your own strategies
so first you just have to gain some good knowledge of forex trading.

[adahidayat]

in order to be successful trader, a person needs to learn forex trading well and needs to follow forex rules...and then try to make a good strategies and then try to apply those strategies...a successful trader, will always learn from his mistakes and always try not to repeat those mistakes....he should always control his emotions and try not to over trade....

[anubhavsingh]

I think the main requisite to become a successful trader is the time we spend on learning the forex and the dedication we have with forex business. If we utilize our time in learning the forex then it is possible to become a very good and successful trader. One more important requirement in becoming a successful trader is learning from our mistakes.

forex me dedication bahut zada zaruri hoti hai kyunki agar aap poore man se forex ko smajh nahi rahe ya fir thik se analyse nahi kar rahe to aapke liye forex se profit kamana bahut mushkil ho jayega...forex me agar aapko lagatar paise kamane hai to aapko lagatar analysis karna padega aur experienced traders ke sath apni strategies ko discuss karna padega

[dmambi]

knowledge is the best tool for making money here in Forex, without the knowledge all our efforts will not yield good results, hence we should concentrate more about leaning about the Forex market and it's secrets to become successful.

[bestlooser]

Understanding of the forex currency trading business and hard work are the two things that we should set as a foundation in order to make profits or success in forex trading. With these two, we will be able to take the right trading decisions at all times when we are trading the forex trading markets.

yes hard work is really can give you success in any business so in forex too we can get success once we are doing hard work so I just do forex seriously and taking my trading seriously and I just never gave as forex has really tested me and I could have given up but decided against it.

[Novice]

In my opinion the eagerness to learn is very important, "Great leaders are great students" we should never forget that, so to be successful we should be enthusiastic and have an eagerness to learn then only we can become successful. Besides that a constant practice / trading is essential because hands on experience are far more than bookish knowledge. so Learning and practice will make a trader successfull thats what i believe

Thank you very much for your effective post. It is really great and helpful. I think so like you. A great trader is a great student. It is really true. We know that there is no edge to finish the study in the forex world !!!

[kastur]

ya traders should be mentally strong enough to deal with pressure and emotion present in forex while trading.if he is mentally strong and cool then he can earn lot of profit

[nanda]

ya every trader must be good learner. because learning at ebvery point is very essential .because day by day new strategies and methods are coming which is very useful

[nanda]

ya everyone need time to become a expert in particular field . as the time goes he can earn experience and knowledge then slowly slowly he become expert in that particular field

[nanda]

ya following rules means following descipline. in every field descipline is very impoartant. and a good trader must be a good learner and he must have strong determination to become a successful trader

[theboy2226]

i think most people fail in forex due to lake of knowledge , they do not have enough practice on demo accounts they just depend on luck and it may work some times but it never lasts and also greed beginners want to make lots of money in a short time they do not have any patience and they trade big lots without enough experience or practice

[manoj]

sab say bara factor failure ka greed hay, agar koi bhi trader lalach kerta hay to phir wo kamiyaab nae ho sakta. laykin agar koi newbie trader kam profit or kam **** ka target rakhta hay wo phir to easily kamiyaab ho sakta hay.

[akghurde]

According to me the important thing require to become a good investor we need to be very eager to learn about forex and learn it and Show patience and to do proper analysis Of market. .

[kastur]

of friends they need to have their specialties to make it easier for us to recognize our own trading style should not have a lot of trading style, but we do not understand it well

[akghurde]

For to be a good trader we must learn different indicators and do trading on demo account and we must keep patience experience is also improtant..

[maliknas]

Yeah it would be senseless to simply jump and starting to trade without gaining enough knowledge and experience first. Every one should get to know the basics of forex trading do some practice and things look familiar start trading with little money.

Yes, before trading learning is must otherwise loss is must. For me the main requisite for becoming a successful trader is determination of a trader to become successful. If a trader starts forex learning with the aim that he will become a successful trader and learn the forex with full determination then it is not difficult to become a successful trader at all.

[naik]

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 agree that before a forex trader actually gets successful, they must stay in forex for long and study it as a business that earns them a living. This way, the love for forex and the zeal will help us.

[naik]

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 agree that before a forex trader actually gets successful, they must stay in forex for long and study it as a business that earns them a living. This way, the love for forex and the zeal will help us.

[pravin]

for become an successful in trading we require hard work and total study of market and trading without knowledge of trading and never wait for luck fight for it and make it possible what you want

[sid]

yup,You are right. if we wait then we have many opportunities to learn.
due to the nature of the patient, our account will last a long time. and we will have more opportunities to gain experience.

[borle]

yes I agree with you,
but the first thing we find is a good technique,
so that it can create a good learning experience too.

[sangam]

For becoming a good and profitable forex trader its not easy and we have to learn many thing as we want to earn profit. Firstly we have to do practice in demo account and then we can enter into real account . It is advisable to do practice till we grab some good ideas . And keep some good points to be a forex trader that not to re-invest again and again.

When we are trading in the Demo accounts then we are having good opportunity to learn the different trading methods and also see when we are ready for the trading in the real accounts. Practice is very much essential if we are to get any success and make good profits.

[gosians]

When we are trading in the Demo accounts then we are having good opportunity to learn the different trading methods and also see when we are ready for the trading in the real accounts. Practice is very much essential if we are to get any success and make good profits.

I am fully agree with you, good decisions come from experience and experience comes from bad decisions. Aisa nahi ho skta k ap direct real trading start kr den aur successful bn jaen, hum apni ghaltion sy sekhny k bad he successful hoty hen ic lye demo trading boht achi option hy newbies k lye.

[borle]

to be successfull in every field there is a need of hard working and knowledge ..also in forex there is needed lots of knowledge and experience ,,,and this combination will be requisites for successfull trader

[sid]

thats call greed....they think that forex is money making machine..and start doing gambeling..so firstly to be success we need many rules and discipline we should follow...and hard working and patience needed in forex...

[issamlitim]

if you get the right strategy and the right money management and if you can avoid the wrong signal of your strategy and use big lot size when you got strong signal you will be able to be successful trader.

[mohit]

i think hard work is the key to success in the forex , the more you do the hard work more you get success and profit , if you are not hard worker the you will not able to reach your target

[borle]

RIGHT,,,,,,,,if u follow forex discipline and rules than it wil lead u to the sucess....and if u willing to trade with hard work and patience then u will be in profit....this characteristics must be in every trader

[Breeder]

proper strategy is big plus here.. pretty good skills in money management, experience and of course risk management. and obviously trader, who wants to be succesfull need to have good knowledge and skills like controling his own emotions, .

[ashwini]

evry one wants to suceess.
its need patience and control ur emotion... dont agressive .. dont over trade..
try to follow the major news.. and try to minimise ur risk, loss, as low as possible..

all this thing make u successful trader.

[motiurbd]

To be successful you cant never stop learning.. You should always think about yourself as a newbie.. Even if you have experience of several years.. You cant never stop searching for new ideas... And most of all you need to obey forex rules and regulations everytime.. If you can do these then sure you will shine as a star in forex in the future..

[shareem]

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