What are the requisites to become successful in trading?

[andraekaprasetya]

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

[kampung]

one of the characters that makes the psychology of the successful trader is risking
of course it is better to be sure from every position you transact
but there is no mind to risk when it needs that, to be brave is recommended too

yeah they are successful in this business are those who are able to control themselves in trade with trading risk rendag and they never want to impose their trade with great risk

[ashwini]

hum trader achha analysis kar te hain.. lekin money management ki kami aur jyada risk lene ke karan .. bahut bar hum loss face karte hain..
aur kai baar jald market main entry karne te hain.. aur loss ho jata hain.. to hummain control karna chahiye.. apna emotion..aur risk par control karna jaruri hain...hum agar forex market main profit karna chahte hain to hummain apna loss kam se kam karna padega..

[blackprince4u]

for successful trading we must have good analytical skills and also we should have control on our emotions and a good knowledge about fundamentals. and after that experience teaches us everything slowly.

[SG Trader]

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

[seahawks90]

you must have some good knowledge and must have some good skills if you want to be a successful trader and there are a lot of things by using which you can make some good profit and always try to follow the forex gurus and try to watch the market on daily basis which will really helps you to invest in future.

[SG Trader]

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.

[SG Trader]

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.

[alam]

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.

[ishvara]

Working hard in forex exchange trading is a key secret that we need to utilize i our trades. This will help a forex exchange trader to become very successful in all trades that they opened.

[pooja]

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.

[arihant]

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)

[arihant]

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

[arihant]

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

[shinde]

The one who thinks that he has learned enough will find himself in trouble soon. If you just start ignoring the latests events happening in different countries, how would you make positive trades consistently.

[dmambi]

To become successful in trading we must be open minded to learn the new things in the market, and have the passion to adopt them in the trading. Only the one who has enough patience to withstand the market pressure will become successful.

[sohelforex]

Nice post first of all. To be successful, trader needs to be patient, not greedy, enough knowledge keeper about both current news and the currency he is trading. So, concentration is the fact that is mostly requisite here
Thanks

[ishvara]

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.

I agree that filtering informations that we have about forex exchange trading. This is to duly avoid making many mistakes in our real account.
We need to truly develop a good interest in forex so as to achieve the dream of success.

[FxBd]

i want to succes in this bussines too, but i know to be a succesfull trader is need long time and hard work. because it still now i keep my learning.

If you want to be a successful trader you will have to work hard but you must have to carry strategy and you will have to be patience at the same time. You must have some extra ordinary qualities and you have to accurate knowledge about the products and market position. The management rules and the trading rules are also very much important in this case.

[fxtenam]

Behind success in any kinds of business there is no alternative except proper planing and hard working. FXtrading is not different from this strategy. so there is no doubt say that having a perfect preparation before trading with lots of concentration and determination will bring the success.

[gala]

Simply a great post. I really loved all the points. Indeed if any trader new or expert follow all these steps then his losses will become very less. But the real fact is that all these valuable points are over-looked by most of the traders and that is the cause of their failure.

[nilesh]

zahiri baat hay kisi bhi kaam ko kernay kay liay sirf theory ki to zarorat nae hoti, hamay practical bhi kerna perta hay, sirf ye asaani hoti hay kay agar hamari theory achi ho jaey to phir practical mazeed asaani say kia jaa saktay ga. iss liay theory bhi zarori hay or practical bhi.

[arihant]

successful trade banane k liye sabse badi jaruart hai forex analysis tik tarike se krna. proper stop loss or take profit set krna har ek trade main.
apne money management k ander hi trade kre or news par dyan dete huye trading kare.
apni galtiyo se kuch na kuch jarur sikhte rahna chahiye.

[gala]

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

[ishvara]

To become a very successful in forex currency exchange trading, a trader must follow rules and then use the right trading skills, strategies and set ups while they are trading the forex trading markets.

[arihant]

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

[nilesh]

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.

[nilesh]

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.

[shinde]

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.

[pooja]

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.

[pooja]

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.

[arihant]

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.

[arihant]

Swing trading is the best way of trading you just have to wait for some time to get good position and after getting the position you must have to give some time for your position so that you will get full reward for that trade after some time.

[newentry]

the important thing here is discipline
learn and practice with discipline'
build a system and use the strategies with discipline
and then if the trader trade with full discipline , they will get the best result, because discipline will build a strong system to get the profit with well and keep money management with automatically

[lgarhboularbah]

well as i know tha the greed is the great reason for the lost for the most of the trade and the stop loss too for me i think that when i have controle my self from this tow emotion i can get win because when the trader lost they think they will revenge from the market by open a deal with big lot but this is mistake and we should avoid it

[forexprophet]

The major requisite is the trading strategy that you follow which should be a profitable one and that includes the proper money management and discipline trading with proper risk reward ratio.
Always take a calculated risk for each and every position you enter along with stop loss and take profits.

[arihant]

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

[wazid201118]

We need to work hard to get our situation successful.I must do what is needed for us to know or to achive the real methods of forex trading.I should also keep myself paste with forex trading

[dog]

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
yes i agree with you friend.i think only few of the traders are getting success here and the most of the people here are lossers.and almost all the beginners are lossers.this is because trading without sufficient knowledge

[mayengbam]

of some articles of the 10 traders that can last only 2 only. It can be proved from some forums that are discussing this as well
so like it or not we have more confidence in myself, so we are still possessed by the spirit to keep fighting exis

Agree, and out of the 20% who stays to trade in the forex market, only 4-5 traders are able to make enough profits to make a living and the rest may be making a little profit or may be losing

[selagalas]

my opinion is
work hard and smart are two key factors in helping to become an experienced and successful
if we are only smart and don't work hard it would be difficult to succeed and opposite

And must have a psychology that is controlled, unemotional, and able to eliminate fear, ambition, and hesitated. Psychology is a major determinant in the success of trading, not only with skill and strategy.

[romon]

forex is not only place of trading but also learning how you will manage your money. always go with market trend. Otherwise you can�t make money. Before open a trading you should analysis the market trend by fundamental analysis and technical analysis

[pooja]

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.

[seahawks90]

you just have to gain some basic knowledge of forex and must have the ability to make some quick strategies because sometimes we have to make some quick strategies and we also have to implement them at the same time so it is really required that you must have some basic knowledge.

[kitt]

my opinion is
work hard and smart are two key factors in helping to become an experienced and successful
if we are only smart and don't work hard it would be difficult to succeed and opposite
i think that even if we are smart and we do hard work we may not success in forex success in forex mean to know what will happen according to alot of thing that can change the price ,forex need more than smart trader .

[rajabd]

If we want to be a success forex trader, so we should not trade many orders in a day. Just two or three orders in a day, and also control emotion to earn more money. So we may be success forex trader.

[xiaotanghao]

To become a successful trader in forex,I think the most important part can be the controling emtions.It means that you must try your best to control your temper and keep calm during every trade you make.Then you need a good understanding of the trading skills.In the ned,I think learning the money management should be considered,too.

[vikas]

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

[anitagala124]

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,

[anitagala124]

yes coz every successful trader has tasted loss or even MC some or the other time and it is not bad coz that is the way that you learn your loop holes of understanding the strategy that you are following and also u get to understand forex a lot more than you did before

[anitagala124]

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

[anitagala124]

Ager aap forex trading main successful hona chahty hain to aap pehly demo trading account per practice Karin or apni trading skills ko build kain or different forex sites sy forex ebooks ko download kar ky study Karky apni forex knowledge ko improve kain or dusry number per aap apni greed or emotions ko control kain.

[kanwaljit]

Good money management, knowledge on market movements, psychological stoutness, controlling the open positions and a good calculation. Simply these are the basic requirements of good trading. But these are not enough. We must study other traders strategies along with our own systems. Doing practices seriously with demo accounts will enhance our skill of trading.

[suraj]

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

[suraj]

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

[suraj]

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?

[kitt]

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 you are right i gree what you say ,learning is a life time process and never end in forex trading success in forex does not have only way there are alot of ways to gain and success in forex .

[realman]

I am strongly believe that In Forex a large number trader can not make profit for only lack of qualities.
Which kind quality need for that are bellow-
1. Forex education (not full academic education)
2. Practical experience
3. Analysis power
4. Good eye cue
5. Plan
6. Faith
7. Concentration
8. Good applying result.
After all experience need to make money. Have to achieve must.

[AHMEDALEX]

To succeed in trading you have to have the exact technical analysis and periodic follow-up of cases of economic and vital signs and the extent of its rise and fall, because it all affects the circulation so do not rush in before you can gain a good analysis of the market

[Gab]

I am strongly believe that In Forex a large number trader can not make profit for only lack of qualities.
Which kind quality need for that are bellow-
1. Forex education (not full academic education)
2. Practical experience
3. Analysis power
4. Good eye cue
5. Plan
6. Faith
7. Concentration
8. Good applying result.
After all experience need to make money. Have to achieve must.
I agree with you but I want to give the second thing to the first because according to my knowledge although you have learn enough from the book you still can not trade good. You must use these knowledge to the practical market and from this you can get for yourself a unique system which helps you to analyze the market later.

[gosians]

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........:)

Get proper knowledge is very basic thing in any business. When you will get proper knowledge your chance to become successful in that business will be increase and you car run that business for the long time. After get the proper knowledge, experience is must.

[Gab]

There are some requirement to become a successfull trader in forex market. In my opinion they are:
1. you need to be patient. I mean that sometimes you may get loss for a while but you need to keep calm and wait until take profit.
2. Sometimes, despite of your effort you still get loss you must accept it and continue trying.
3. Nothing is perfect so do not stop learning, try to learn more and more everyday.

[wazid201118]

I think everyone should have the basic knowledge of trading.They may learn them from their senior traders but if we try to trade without knowing anything about the basic of trading we will be failed.Sometimes we become fail for our wrong trading and we loss our profit.So a man without being skillful or perfect trader may loss his profit.

[forexbroker123]

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

hnn mere khiyal main ager app acha trader banana chatey ho to appp kokafi menat karni parrey gi es k liye app ko experince or knowledge hasil karna parrey ga knowledge or experince k bagher app forex trading main successful nahi ho saktey ho ager app ne ye do cheezain seekh lii to app successful ho jao ge forex trading main

[kitt]

Yes if we control our greediness and emotion then we can make good trade and get good profit from that trade. It is very important because many new trader lose there profit for greediness and emotion. So we need to trade carefully.
you are right i agree with you all loser in forx cause of bad emotions and and wrong knowledge about forex and the worst money management many trader have gain big pip but lose money.

[kampung]

you are right i agree with you all loser in forx cause of bad emotions and and wrong knowledge about forex and the worst money management many trader have gain big pip but lose money.

and to fix it all we have the discipline of money management in your trading then you can control your trading emotions and never make a wish to have a big trading profit due to this we can not control the emotions of our trade

[twinkling star]

and to fix it all we have the discipline of money management in your trading then you can control your trading emotions and never make a wish to have a big trading profit due to this we can not control the emotions of our trade
yeah money management is most important in every trade, risk management is also very important. most important thing we should keep in ours mind is successful trader doesnot mean that he does not face the loss in trading, he just keep balance in his trading.

[iwan]

there are no special requirements to be successful in this business, all traders were trading almost the same between one and another. but only those who are willing and consistent discipline that will still exist in this business.

[dmambi]

Knowledge is the powerful tool to make money in Forex trading. So we must increase our knowledge about the Forex market and the currency pair what we are trading. A good trader will always trade with patience and never become greedy and forget his money management.

[kaji]

absolute requirement to become a successful trader is willing to continue to learn about trading strategies and patience and good emotional control when trading, without it then it is unlikely we will be a successful trader

[gosians]

But i think it is necessary that we should increase our analysis for doing the well trades in forex and this is the special requirement to do the well trades and if you do not have your own analysis then you should adjust these with other traders views.

You are right, analysis is the most important thing in forex and i think we need to do self analysis instead of depends on others. Its your own business so you must know all about your business and have the ability to enter in the market on appropriate time.

[donofforex]

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 successful trader banana chatey ho to app ko chiye k app jitna ho sakey to knowledge main izafa karo or ho sakey to yahan big ammount invest karo to es se app ko kafi faida ho ga ye 2 requirements app ne forex ki pori kin to phr app ko forex main kafi profit ho sakta ha [

[anitagala124]

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.

[vikas]

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.

[vikas]

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.

[forexman]

the resaon for my losses is not having perfect analysis after opening a trade and even after winning a tarde i am expecting for higher profits and facing losses all the time so i want to avoid this in my future trading

[muhammadfarooq]

forex trading is very good business and lots of people joining this business quickly and be a success ful trader but its better for the trader that they get the proper trading about trading to be a good trader and grow their capital more with trading profit

[ishvara]

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.

Yes, knowledge is a true pre-requisite if we are ever going to be successful in the forex business. It is lack of knowledge that kills off most trader from making any meaningful head way in forex trading.

[niteshforex]

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

[gosians]

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.

Right saying. Knowledge is must to start any business and after that you need to get some experience. Its a great point of forex trading that we can get experience on demo account, we will not lose any real money and can get experience that will help us to earn in real account.

[vikas]

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,

[niteshforex]

zahiri baat hay kisi bhi kaam ko kernay kay liay sirf theory ki to zarorat nae hoti, hamay practical bhi kerna perta hay, sirf ye asaani hoti hay kay agar hamari theory achi ho jaey to phir practical mazeed asaani say kia jaa saktay ga. iss liay theory bhi zarori hay or practical bhi.

[niteshforex]

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 pips ka target rakhta hay wo phir to easily kamiyaab ho sakta hay.

[vikas]

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

[niteshforex]

You are quite right. Just like me I follow the news too to trade and I make sure that I am aware of the news effect on the market daily. This is because the news can badly impact the market when we least expect. I also check other sites to understand market sentiment, as this can also determine how the news and technical factor can affect the market.

[fxtenam]

well this is very important to know the key point to be a successful trader. here i am giving some recommendation for the trader who are new in this field.
1. acquire well enough knowledge about forex before investing.
2. spend as much as time as possible in demo.
3. be careful about market ups and down.
4. use the stop loss point properly.
5. keep patience and wait for the opportunity.
6. work hard.
7. keep your head calm while trading even you are in loss.

i hope those will be helpful for the fx trader to become successful.

[maryosa]

Right dude, never wait for luck its not certain. Hard work is the key and remember Fortune also favours the brave only. do hardwork in learning and trading thats the only solution to get our goals

Ah yes, I learn hard lesson with depend on luck. I try gamble strategy to trade forex but fail very much in the strategy. Maybe luck work against me ha ha ha. Successful in forex is learning, hard work and practice of what you learn.

[kameeelforex]

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

app ager sab se kamya trader banan chatey ho to app ko chiyae app forex trading mutaliq sab knowledge hasil karen kioun k ye bahot risky ha or bagher knowledge wala banada es main kafi loss main jata ha esi liye main app koo kaoun ga k app es main sirf or sirf knowledge he hasil karo

[vikas]

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

[Abdomhadi]

As I believe, have a desire to learn is very important, and one must know that we must never forget that to succeed you must be enthusiastic and have a great desire to learn, So we can only succeed if its quality was . In addition to this we must have:
practice in a different state of trade.
and negotiation with experiance.
So, learning and practice will increase our skills.

[vikas]

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

[anubhavsingh]

As I believe, have a desire to learn is very important, and one must know that we must never forget that to succeed you must be enthusiastic and have a great desire to learn, So we can only succeed if its quality was . In addition to this we must have:
practice in a different state of trade.
and negotiation with experiance.
So, learning and practice will increase our skills.

forex me bahut kuc hseekhne ko hota hai aur yaha tak ki experienced tradres bhi forex se aaye din kuch na kuch sekehte rehte hai kyunki isme bahut si situations aisi hoti hai jo aaye din traders ke smane aati hai .. isliye forex trader ko seekhne ki aadat honi chahaiye jissi ki wo market se roz kuch na kuch seekhte hue trading kare

[wolfkamikaz]

to be a successful trader, you have to learnt, must have strategy, not greedy, must be patient, consistent take profit and more. people say, a thousand forces did not want to be a thousand excuses

[clickme]

Fist hard working and good patience can rise you and reach you in your goal. but keep learning and do not give it up, if you can regular analysis with some new topic and set a personal strategy then it will reach you a good position. but always it is said that do not be panic if needed you can take some days break of it.

[mayengbam]

The one who thinks that he has learned enough will find himself in trouble soon. If you just start ignoring the latests events happening in different countries, how would you make positive trades consistently

Absolutely right dude, there is always room for improvement all the time, moreover overconfidence is a negative quality and not good for trading too. So its better to always try to improve for the better and it will generate more energy to gain more

[himel]

to be a successful trader we just have to learn some basic about the forex and must practice on demo account.. as i believed its easy trading in demo account rather then real account that because the $$$ is less in real account

[examin]

generally this related with the strategies that we chose for trading and the best management of the money can play the same role too become a successful trader is no easy and bot impssible we should always take care for our money and keep trade with just one system

[amit]

I think forex market is very big market. If you need to success in this market then you need to know what is forex fast. Then you should learn how forex market works. I mine you need good knowledge about forex market. It will help you very much in forex market. Then you need to control your emotion and greediness.

[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

[jai]

yup, nothing can replace hard work. it is the foundation of all success, including in forex. if you willing to hard work than nothing you can't accomplish, you will learn and practice with passion, and finally will trade with good skills.

[siddesh]

good thinking my friend. i'm also agree with you. money management is the key to make longer existence for our account in forex market. with proper management we will able to create profit without endangering our capital too often. we know when to add the risk and when to stop risking the capital.

[siddesh]

yup, this kind of quality will surely upgrade our skill step by step, and that's all begin with our first mistake. so if we're making mistakes never feel depressed, cause behind those mistakes there'll be a precious lesson.

[amit]

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.

[amit]

learning is contineous process that will never end as we know that forex trading needs lost of experience and the good knowledge so keep learning is success in the way of trading

[amit]

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

[amit]

yeah...good money management and risk management is needed into forex...proper strategy is also require..a trader need to have good knowledge and the other skill like controll on emotions,and experience .

[amit]

Luck kabhi bhi trading mein kaam nehi kerti ager kerti hey to aap ki knowledge aap ka expereince, luck ka role mein samjhta hun bes 10% hi hey, ager aap achay trader hein or positive mind sey kaam kertay hien to dunya ki koi bhi taaaket aap ko apna target achieve kernay sey rok nehi sekti

[jai]

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.

[preetfx]

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


take forex seriously, this is a serious business and not a joke
have the same kind of discipline as if you are in an office
remember office expenses are a part of your forex costs, you need to pay them
trading profits must be sufficient to cover the office expenses

[jai]

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.

[jai]

Of course, keep learning is the secret of good earning. Suppose you are learning one new strategy every day and after 10 days you will be learned 10 strategies, then you will find more signals to trade and can earn more profit.

[jai]

Ap k points boht good hen but mery khyal sy agr sirf ak quality kisi b trader main aa jaye tu wo successful ban skta hy aur wo hy sincerity. Agr koi b trader apni trading k sath sincere ho k chaly tu wo boht profit bna skta hy.

[krishan]

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.

[new]

Ap k points boht good hen but mery khyal sy agr sirf ak quality kisi b trader main aa jaye tu wo successful ban skta hy aur wo hy sincerity. Agr koi b trader apni trading k sath sincere ho k chaly tu wo boht profit bna skta hy.

nahi kisi bhi ek quality se ap forex mei profit nahi kama sakte forex mei profit lene ke liye sab ka thoda thoda gun hona chahiye news technical fundamental se sab mil hi market ki sahi prediction kar payenge kisi ek par depend nahi ho sakte

[siddesh]

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.

[rajesh]

forex ko seekhne ke liye traders ko kayi saal lag jate hai kyunki forex me aaye din nayi situations samne aa jati hai jinse nikalne ke liye traders ko bahut kuch samjhna padta hai
isliye forex me trader ke pas jitna zada experience hota hai wo market me utna zada paisa kamata hai kyunki usse pas itni samjh hoti hai ki kis time pe market me kya decision lena thik rahega

[netra]

iske alawa successful traders ko apne emotions pe aur greed pe bhi kaabu rakhna chahaiye
sath hi sath fundamentals pe bhi dhyaan dena chahiye kyunki technicals se zada role fundamentals ka rehta haio forex me

[netra]

ye bahut hi acha tarika hota hai forex me trading karne ka lekin ye tarika kayi baar kaam nahi ata zadatar tab kaam nahi aata jab bahut fundamentals hote hai amrket me
aise time pe market koi support aur resistance nahi dekhta bas apne hisab se bhagta hai..traders ko salah di jati hai ki technical aur fundamental dono ke hisab se trading kari jani chahaiye

[chirayu]

Simply a great post. I really loved all the points. Indeed if any trader new or expert follow all these steps then his losses will become very less. But the real fact is that all these valuable points are over-looked by most of the traders and that is the cause of their failure.

[sachin]

zahiri baat hay kisi bhi kaam ko kernay kay liay sirf theory ki to zarorat nae hoti, hamay practical bhi kerna perta hay, sirf ye asaani hoti hay kay agar hamari theory achi ho jaey to phir practical mazeed asaani say kia jaa saktay ga. iss liay theory bhi zarori hay or practical bhi.

[netra]

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 pips ka target rakhta hay wo phir to easily kamiyaab ho sakta hay.

[rajesh]

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.

[sachin]

analysing the mistakes in forex is very very necessary and if some one will analyize the market properly then he will be very good trader and there will be less chance for losing the money in forex market.

[chetan]

If any body know about the rush tradings then he will agree with me that rush tradings will give you only the loss nothing else. Rush tradings mean open the trades so frequently and without the knowledge of the market.Going to get every pip which will give you only loss. Here in this business, there are only some pips which move in reals and many pips are moved fake for just getting the money of traders. Try to adopt the discipline in your tradings. you will be successful.

[chetan]

But i think it is necessary that we should increase our analysis for doing the well trades in forex and this is the special requirement to do the well trades and if you do not have your own analysis then you should adjust these with other traders views.

[anubhavsingh]

But i think it is necessary that we should increase our analysis for doing the well trades in forex and this is the special requirement to do the well trades and if you do not have your own analysis then you should adjust these with other traders views.

forex trader jitne ache analysis karta hai uske profit kamane ke chances utne hi zada bad jate hai kyunki forex me analysis hi sab kuch hote hai aur trader ke analysis jitne ache hote hai usse utna hi zada profit hota hai..
forex me 2 tarah ke analysis hote hai.technical analysis aur fundamental analysis

[sunil]

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

[sunil]

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

[netra]

money management is very crucial factor in which every trader should be expert in it.if you do good money management then you can a lot of profit.good self analysis is also very important for earning profit

[sunil]

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

[chirayu]

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

[andhwrey]

money management is very crucial factor in which every trader should be expert in it.if you do good money management then you can a lot of profit.good self analysis is also very important for earning profit
its really needed,if we didnt calculate MM well,i affraid that sometimes you didnt accepts when loss are become higher
because you open size more higher and didnt calculate that possibilities for loss and only wanted for win trades

[abdur]

prerequisites to any work are hard work and patience both are most important and beneficial part for the success of any firm on any individual.. in their daily life....

[chetan]

Right saying. Knowledge is must to start any business and after that you need to get some experience. Its a great point of forex trading that we can get experience on demo account, we will not lose any real money and can get experience that will help us to earn in real account.

[chetan]

You are right, analysis is the most important thing in forex and i think we need to do self analysis instead of depends on others. Its your own business so you must know all about your business and have the ability to enter in the market on appropriate time.

[rajesh]

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.

[chetan]

Get proper knowledge is very basic thing in any business. When you will get proper knowledge your chance to become successful in that business will be increase and you car run that business for the long time. After get the proper knowledge, experience is must.

[sunil]

Of course, keep learning is the secret of good earning. Suppose you are learning one new strategy every day and after 10 days you will be learned 10 strategies, then you will find more signals to trade and can earn more profit.

[sunil]

Ap k points boht good hen but mery khyal sy agr sirf ak quality kisi b trader main aa jaye tu wo successful ban skta hy aur wo hy sincerity. Agr koi b trader apni trading k sath sincere ho k chaly tu wo boht profit bna skta hy.

[sachin]

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.

[sachin]

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.

[chetan]

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

[rajesh]

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...

[rajesh]

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

[rajesh]

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...

[chirayu]

yeah...good money management and risk management is needed into forex...proper strategy is also require..a trader need to have good knowledge and the other skill like controll on emotions,and experience .

[chirayu]

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

[chirayu]

learning is contineous process that will never end as we know that forex trading needs lost of experience and the good knowledge so keep learning is success in the way of trading

[sunil]

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.

[netra]

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.

[dmambi]

To become a successful and profitable trader we must have a long term goal and then do a elaborate planning to achieve it systematically.
There are no shortcuts to achieve the goal, so we need to follow the plan with strict discipline and trade with patience.

[got2luvyou25]

To become a successful and profitable trader we must have a long term goal and then do a elaborate planning to achieve it systematically.
There are no shortcuts to achieve the goal, so we need to follow the plan with strict discipline and trade with patience.
long term goal se kuch ferk nahi perta kuin sari k sari baat serf aik cheeze per depended ha k ap market main kebn or kaise entry hote hain ager to ap right time enotry her bar lete hain to ultimately market apko instantly profit dena start ker deti ha , bus aik baat yaad rakhni chahaia jaise hum input deen gein utan out put mile ga

[herono1]

To get the success in forex trading business its better for the trader that obey the forex trading rules and act upon the trading disciplined, so its mean you are the winner of the forex trading business.

[sachin]

This is very correct analytical skills are a requisite for success in forex trading. A trading psychology that can withstand the rigourse of fluctuating prices is also a good asset in forex trading.

[rajesh]

When we are learning about the forex market, we should bear in mind that there are a lot of false information out there, especially from people who want to sell their trading system. So if a book or trading system offers you thousands of dollars in a few hours of trading, then you should avoid them. Making money in forex trading is a gradual process and so is learning about the forex market.

[rajesh]

When we are learning about the forex market, we should bear in mind that there are a lot of false information out there, especially from people who want to sell their trading system. So if a book or trading system offers you thousands of dollars in a few hours of trading, then you should avoid them. Making money in forex trading is a gradual process and so is learning about the forex market.

[bambang]

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

the success of a trader in the forex business is influenced by many aspects. but in my opinion is the most influential, experience and ability. with experience and good skills, a trader would have had, a good strategy, emotional control, and wise money management.

[narendra]

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.

[aryan]

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

[aryan]

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.

[etoir]

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 not just a step it is all reasons that make success in forex market some bad trade can return to profit in balance because of the money management .

[wazid201118]

To become a good trader in forex he must practice trade with a demo account for a long time.If trades do not follow it may destroy his money in live trading.He can practice discipline,responsibility,and many other necessary things from here.Thus in future he may become the best trader in future.

[Abdo22]

I give you some advice to arrive : you should have a good market knowledge and ability to analyze is the first requisite to be an expert in this field. and it can not be acquired easily, it takes years of experience to be able to analyze the market with over pr�cision .so you has to wait some time.

[ashwin.forex]

There is no particular book I suppose which would outline the pre requisites but below are my 2 cents.
1. Very clear basic Forex knowledge
2. Strong Money Management
3. Need to have a reasonable target of profit
4. Some money ofcourse
5. Desire to learn Forex
6. Patience
7. Discipline
8. A tried and tested trading strategy
9. Practice on Demo Account
10. Control on emotions
11. Constant touch with the market.

These are some I could think of immediately, feel free to add more :)

[fxmate]

I definitely thing first thing to success is strategy how you are going to trade. At least some ideas you have to have before starting to trade on real money and you must understand that you won't earn huge profits with that strategy right from very beginning but you will have to develop it and yourself to become more and more successful.

[rahibul]

The solution is mindset as to gain, you need to trade with discipline.
The discipline is to say much, but know very few traders know what this means and can not do it, and they lose. The trade with discipline problems - the adoption by small and they stay on course, to the large winning trades, what can be done to achieve, at your expense, to make big profits.

[sasmita11]

i belive a good comuter system with a good internet connection is very important
requisite to trade also,we know how it is quite frustrating pp up every and then in the first.

[neworder555]

In my opinion successful in trading need first who love this field and Interest to learn all about it
and he will do what he can to succeed in this field and work hard to be good trader in the future

[irfan]

I think the main requisite to become successful in trading is the ability to learn with keen interest. If someone has ability to take so much interest in any type of learning then he can learn the forex well. Forex has no high profile requirement like any degree or any higher qualification but it needs an interest to learn it.

[norix]

The solution is mindset as to gain, you need to trade with discipline.
The discipline is to say much, but know very few traders know what this means and can not do it, and they lose. The trade with discipline problems - the adoption by small and they stay on course, to the large winning trades, what can be done to achieve, at your expense, to make big profits.

IQ level we can also affect our success in the forex tips, let's say if someone is having a slow understanding that it still falls in forex is like that because here is the role of our minds, to think a good strategy

[patil]

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

[muhammadfarooq]

Forex trading is good business in the world which is starting from very less investment, and if the trader take more interest in forex trading learning then they get the more profit and be a successful trader in forex trading market.

[Amitab]

in the forex market, you should easily trader and a very clear way, and have long experience necessary but only in a demo account first and try to trade with 50% of your money and 50% bonus for be equal, with this method you will calmly trader.

[norix]

Yeah we have to be prepared while trading and its better if we grab some good experience and knowledge before we enter in real trading . Even i struggled hard here and because of that only i can now make good profit and you are right we have to be more attentive while doing trading and also trade according to market condition.

one of them to prepare themselves before trading, with more calmly relaxed attitude can also make us comfortable in the trade, planning and analysis that we use we need some time to start well

[audio]

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......

[lights]

basic knowledge about forex is absolutely necessary, but the next step is to practice,, practice analyzing market movements, control emotions in trading practice and practice to be consistent with the strategy that we use..

[anubhavsingh]

basic knowledge about forex is absolutely necessary, but the next step is to practice,, practice analyzing market movements, control emotions in trading practice and practice to be consistent with the strategy that we use..

aapne bilkul thik kaha..forex me acha trader ban ne ke liye sbase pehle market ki basic knowledge honi bahut zaruri hoti hai
iske baad trader kio demo account me ache se mehnat karni chahaiye jisse ki usse forex ke sare basics samjh me aa sake
market ko analyse karna uske trend ka pata lagana aur fir ussi trend me paise lagana bhi bahut zaruri hota hai forex trader ke liye

[twinkling star]

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

onl;y learning could teach us well, to become the successful trader, we need good practise in demo account to become successful traders, we have also need to know the experiences of good traders, we can search the different strategies of different traders.

[patil]

yup, nothing can replace hard work. it is the foundation of all success, including in forex. if you willing to hard work than nothing you can't accomplish, you will learn and practice with passion, and finally will trade with good skills

[patil]

forex me bahut kuc hseekhne ko hota hai aur yaha tak ki experienced tradres bhi forex se aaye din kuch na kuch sekehte rehte hai kyunki isme bahut si situations aisi hoti hai jo aaye din traders ke smane aati hai .. isliye forex trader ko seekhne ki aadat honi chahaiye jissi ki wo market se roz kuch na kuch seekhte hue trading kare

[narendra]

Yes you are right in forex learning is very important. If you want to be successful in forex market then first you need good knowledge and good skill. I think forex market demand knowledge and experience. If you are that good then you can success in forex market.

[sabaarshad]

Success in forex like any other profession comes from devotion, hard-work and determination. Since earning consistently is not a piece of cake so i must tell you that you have to be patient in taking trades. Sometimes newbie traders force their thoughts upon market and worse than that is that once they loose the trade they keep on expanding their stop losses until they close the trade with a big loss. The worst part sets in, they try to rage on market and earn pips by doubling the lot size and in the end they get caught in more losses. One more thing, never ever take a trade without a stop loss and always risk 2-5% of your account per trade not more than that


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

[vineet]

I think forex market is very big market. If you need to success in this market then you need to know what is forex fast. Then you should learn how forex market works. I mine you need good knowledge about forex market. It will help you very much in forex market. Then you need to control your emotion and greediness.

[kaji]

yes, money management is also about risk management is a must in making a good trade, without us making risk management it will make us always the threat of loss is great and even margin call, because anyone can not fight the market....

[vicky]

trully saying its really very very hard to become success in forex . actually i seen of my friend ans myselves also due to hurry to make profit most of us faced loss. and no doubt its need big time to become success with patience and here aim to learning and to get experience is all .

[ezincenter]

From my point of view, any one in order for him to be successful in trading he must read articles about the professionals and their success, and if possible he should meet them so he can learn every thing about forex market.

[aryan]

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.

[aryan]

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

[aryan]

successful trade banane k liye sabse badi jaruart hai forex analysis tik tarike se krna. proper stop loss or take profit set krna har ek trade main.
apne money management k ander hi trade kre or news par dyan dete huye trading kare.
apni galtiyo se kuch na kuch jarur sikhte rahna chahiye.

[patil]

yes bhai luck ka forex mein koi role nahi hota hai role sirf experience aur knowledge ka hi hota hai jab tak hum apni knowledge ko nahi badawa dente tab tak experience humare haath nahi aayega luck ka koi % roll nahi hota hai

[waqtitrader]

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

agera app forex trading main kamyab trader bana chatey ho to phr app ko chiye k app 3 step porey karen 1 ye k app forex k mutaliq sab knowledge hasil karen 2 demo trading lazmi karen 3 forex main experince hasil karen ager ap p ye 3 step terteeb se kartey ho to phr app kamayab trader ban jao ge

[vineet]

bhai khali forex mein apna invest karne se koi bada profit thodina le sakta hai achcha profit to wo bhi le lete hai jo forum mein posting kar ke apna trade balance create karte hai fir invest se koi achcha prfit nahi le sakta achcha profit to achchi knowledge aur jaise fundamental aur technicals ananysis janta hoon aur news ko padna janta hoon ye aane par wo achcha profit le sakta hai ek achcha trade to wo hi hota hai jo $100 ko $1000 mein convert kar deta hai salo ki mehnat hoti hai bhai

[scorpian7]

Every business or activity demands proper time to be adept in it . Forex trading also demands consistent and full time from you. If you take it part time you will not be able to master it . So you need to be full time trader and you need to be mentally stable and apply proper money management to master this art.

[sagar]

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.

[rakesh]

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 .

[anitagala124]

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.

[anchitkole]

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.

[sinaga]

I think to be a good trader tricky. we should be able to pass through a stage in the trading stage. we must have a foundation of basic traded good. we must be good at controlling our emotions and psychology we are able to manage money well. if it was technically good, we are also required to understand the fundamentals. merger of the two will make us perfect in the trade.

[jai]

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.

[lode]

What are the requisites to become successful in trading?

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
for me i think the success in forex need good money management and good strategy, to learn the good strategy and the best management you have to try all of them for a long time.

[Marcs]

For me i don't know but patience has a great role to play in the life of a good trader. because when we trade we often get's losses and also we may face problems like greed . to avoid the bad effects of these on our trades we shall try to get the hold of our mind...

[joget]

requirements to be successful in trading are:

having sufficient knowledge of the trade which he did,
knowing the market conditions, find out which way prices will move,
can make entry to the direction and at the right time, then exit at the right time.

but to do it is not easy, it takes passion and hard work, patience and discipline, continue to learn and practice to have the ability to do so. # do this with a demo account first before stepping into the real account.

[darksaimon]

In my sentiment the avidness to acquire is rattling strategic, "Large body are major students" we should never lose that, so to be made we should be zealous and hump an keenness to instruct then exclusive we can prettify undefeated. Besides that a unchangeable drill / trading is vital because hands on change are far more than scholarly knowledge. so Learning and effectuate testament head a dealer successful that's what i conceive

[sagar]

Right we should learn forex better and we should make strategy that makes consistent profits and before using it one real account we should test our strategy in demo account.

[anitagala124]

Right for every trader who wants to become like pro trade you should know about technical and fundamental analysis and you have experience to make trade and must have proper planning.

[anchitkole]

Right emotions are major factor that mostly traders not control it and make mistakes again and again so do not lose hope on losing trade in forex just keep stop loss on each trade to control emotions.

[anitagala124]

Right even if we know forex much better we should continue to learn forex from time to time as we always learn new things daily which can be useful during any time.

[anchitkole]

Right every trade should check his strategy first on demo account and if he find that strategy better and making consistent profits then he should move to real trading account.

[sagar]

the important thing here is discipline
learn and practice with discipline'
build a system and use the strategies with discipline
and then if the trader trade with full discipline , they will get the best result, because discipline will build a strong system to get the profit with well and keep money management with automatically

[amit]

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.

[amit]

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.

[anchitkole]

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.

[anitagala124]

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.

[amit]

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...

[amit]

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

[amit]

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...

[zahidrock]

I think learning is most important on forex trading. If you can learn with hardly then do practice then i hope you will be a successful in forex business. This is a business and every business need more knowledge and hard working.

[rakesh]

yeah...good money management and risk management is needed into forex...proper strategy is also require..a trader need to have good knowledge and the other skill like controll on emotions,and experience .

[rakesh]

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

[ritesh]

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.

[viky]

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,

[viky]

yes coz every successful trader has tasted loss or even MC some or the other time and it is not bad coz that is the way that you learn your loop holes of understanding the strategy that you are following and also u get to understand forex a lot more than you did before

[Forexboy]

I think the best qualities for success are the quality of learning and grasp of the case, most of the time I've seen people who gets scarce information and begin to think they know everything, for me, the best way to get around it so you can be able to get the best for every time you enter the Forex market.

[Nabi Ahmed Gill]

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

forex trading main requisites ka layia mara khal main banda ko experience education,investment ,time spand,hona chayia is main ap ko full time trading and posting and full grahif dekhana parta ha is main ap ko profit be mailta ha or is main loss be hota ha is lyia experince education shuda hona chayia in the forex trading.

[viky]

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

[ritesh]

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

[viky]

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

[anubhavsingh]

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

trader ka mentally strong hona bahut zaruri hota hai
kyunki jo bhi trader mentally weak hoga usse msajh nahi ayega ki kis situation me kaise react karna hchaaite aur kis waqt deal open karni chahiye kis waqt close karni chahiye
aise traders ko market me bahut loss hpta hai

[naziafarhan]

The main important thing you have to follow is discipline and use MM rule in a disciplined way. If you follow your Money management rule in a disciplines way then you can cover your losses in a short period of time.

[Maham Gill]

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

froex trading ak successful hoti ha is main ap ko both sara mall milta ha or main be is main kam karta hon forex trading ak both he fadia mand chazee ha or main ap ko kam karan parta ha forex trading ak successful business hota ha.

[waqarme2]

i think you can cool up your mind don't panic and yes the most important one is not to anger on it because when you became anger then you should lost your mind.

[gava]

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.

[samuelkanu]

The so called big traders are people like me and you who have traded the forex market for a very long time and understand the ups and downs of the market and have become experienced about the market hence they can attract big capital to trade with.With hard work and dedication some of us will get there and we will not remember what all we passed through and such is life.You have to learn from the the best if you want to be a good trader and also you have to invest your time to learn as well as practice what you have learnt to be a good trader.Also good money management is necessary as well as good knowledge of fundamental and technical analysis.These are very important if you want to be a good trader.

[LeeMinHo]

If you want to become a successful trader , you should have the great efforts effort to learn and continue to practice so that you can achieve success . If not , you will never become successful trader here .

[got2luvyou25]

yes hume apne mind par jayda pressure aur gussa nahi dalna chahiye. mind par jayda pressure hone se humare hone wale kaam par bhi bura effect padta hai. isliye jab bhi hum trading karne ja rahe ho to hume fresh rahna chahiye.

Pressue to serf us per trader per htoa ha jis k pass confidence na ho trade kerne k leye sehe kaha na bahiya . pressure lene se kuch naho hota actuially hum curious ho jate hain minus floating dekh ker but ye to gakme ka part hain jeb ap terminal ko open ker leen emotions ko side rakh deen or full concentrate kareen trade per

[Ronak]

sucessfull trading depends upon the our hard work and ability to trade in every situation..its also neeeds to make good knowledge and experience for the good earning

[rahul]

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.

[viky]

money management is the most important tip while trading that all traders should know
because it is one of the major causes of margin call between newbies
you should know how much exactly you have to risk to avoid large loss

[ritesh]

the psychology of trader is very important too
you should be confident & have the patience to see your positions maturing
you also should learn every new about Forex & keep observing the economic news because they have an effect on the market too

[gava]

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.

[viky]

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.

[gava]

Yes that is a good motivated post of yours, one must keep trying to find a way to trade successfully for him. If you once get you path right then no one can stop your from earning good money from trading.

[girish]

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

[rahul]

Good money management, knowledge on market movements, psychological stoutness, controlling the open positions and a good calculation. Simply these are the basic requirements of good trading. But these are not enough. We must study other traders strategies along with our own systems. Doing practices seriously with demo accounts will enhance our skill of trading.

[sabutkelaparasaduren]

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

the only requirement to become successful in trading is being able to get a consistent profit. because, no matter how great a person, smart as anything and any area of ​​knowledge, if the forex he could not produce consistent profits, then it means nothing nothing.

[tervarto]

I will summarize some important tips for beginners, first learning well and doing business on a demo account, Second, learn how to manage capital correctly, III study of technical analysis very well, IV study the basic analysis well (News) well, V strategy is fixed, and focus on a number of a certain currency pairs, and finally lack of greed because it is one of the most important reasons that lead to the destruction of your

[ritesh]

I think to be a successful trader you must keep learning and trying mainly to learn from past mistakes such as loss and MC, so that later you can consistently profit.
good luck

[ritesh]

I think that the need for you to succeed in trading one of them is you have to be disciplined with your trading plan, can control the emotions and psychology of trading is good..
good luck

[mita]

yes i agree with you friend.i think only few of the traders are getting success here and the most of the people here are lossers.and almost all the beginners are lossers.this is because trading without sufficient knowledge