View Full Version : What are the requisites to become successful in trading?
mokku
2012-06-05, 08:17 PM
if anybody want gain success in forex trading,he has to do hard work.we know that no pain no gain.if you want to trade in forex,but you have no basic knowledge about forex you cann't do it.so,first you should know the forex than trade.
the requisites is simple
patience and practice and a quantity of skills like money management and scalping and others
no require hard work but require some time
hello927
2012-06-05, 08:26 PM
I t is human pyschology that it runs upon the attractive things. Forex is attractive business because it is related to the currency. People think that it is easy one but it in fact it is very complex one but hard work, dedication, training and better strategy are the tools that helps to be successfull trader in forex.
ahmed awad
2012-06-05, 08:36 PM
in my opinion, if we want to succeed in our trade, then the requirement that we must have is the proper analysis, has a great psychological, and always use a money management in our trade
I think a good computer system having a good internet connection can be a very essential essential to trade also. We all know how it is actually quite annoying when requotes appear every now and then in case the net connection is slow.
mehedi islam
2012-06-05, 08:40 PM
the requisites is simple
patience and practice and a quantity of skills like money management and scalping and others
no require hard work but require some time
agreeing with every points that you have mentioned in your post except one. does really scalping is needed to be successful??? i don't think it. yeah scalping is a tricky thing obviously but not a good practice. punctuality and depth of knowledge on TA, FA and MM is enough to be successful.
masudraj
2012-06-05, 09:00 PM
In my opinion " more learn more earn ". it's true more people is fail in forex because they are not well educated about forex. fast learn about forex then tread in forex. mt5 is the best place to learn forex.and follow the discipline of forex.
place
2012-06-05, 09:06 PM
professional also following analysis new etc.they are professional but still they are working hard.they are still creating new themes,trading strategy not for own,they are working for us.
samcena33
2012-06-05, 09:10 PM
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 but to gain success hard work and learning are both required
shamimuiu9
2012-06-05, 09:40 PM
Yes, everyone wants to success but lack of knowledge, for greedy and lack of patience most of them can't success.
shoeib
2012-06-05, 09:43 PM
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
u can become a succesful trader if u have enough experience and u have patience...study the maket carefully before every trade and use low untill u have a huge capital...and always discuss with senior traders no one can stop u to become succsful...
tarun2305
2012-06-05, 11:55 PM
the many reasons for the loss like as the traders don t try to undestand and they trade on the risk so they loss the money in trading
sabse bada karan mere hisab se yahi hai ki koi bhi trade ko samajhna nhi chhate bas aate hi maan sochte hain ki turant million kama le ye nhi sochte ki itna asan hota to sabkoi kama leta
fantastic
2012-06-06, 03:01 AM
To become successful in forex trading, you need to be patience in learning how the forex market works it is by being patience that you would be able to overcome greed. When you are greedy in forex trading you would take high risk thereby exposing your account to loss and margin call. Always use your money management rule to succeed in forex.
yes I think that patience is the most important component required in forex trading , many traders lose their money because they want large amount of money in short time
khanforex
2012-06-06, 04:19 AM
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
yeah for me to start something or trade of small accounts is a good thing in my opinion because then we will train step by step to be able to control our emotions and that's a good move in my opinion
MIMIH
2012-06-06, 04:24 AM
We must find a way to differentiate itself from its competitors. The current trend is to turn to niche markets with a wide offer to meet a specific need, but with many choices. You should know what brand you want to create or represent and find how to build a strong relationship with its audience.
truegoa
2012-06-06, 07:16 AM
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
We just need times to learn more and more. Will be long to explain what I mean, but I ll just resume it in 3 things.
1) Mind Set -> We need to empower our mindset first to be succesfully trader. Count emotion control to this part too.
2) Method -> Its all about the system we use. We need good system to cover our strategy, money management, risk management, etc.
3) Money/Capital -> Since all business need enough capitals to run, forex need it too even badly. We need enough capital to low our procentage of risk and gain max profit (even for low procentage of profit)
elking
2012-06-06, 07:24 AM
There are many reasons and things that lead us to success the first of God's will and, second dimension for anxiety and greed, and be patient and move away from risk completely so as not to lose our money
hardworks
2012-06-06, 08:18 AM
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
Yes, i agree with this. This lack will be realized by some traders, but most trader will not realize the fact and will trade blindly with some expectations. Expectations won't help us to trade in right way. Just try to find the trend and ride in it. If we lack in analysis, then this will the main reason for loses.
sumonmia0526
2012-06-06, 11:53 PM
i think all we need a perfect strategy based on our money management ..then if we can control our self from over trading tendency and form the emotional situation then it can brings a very impressive result one day . the main part is strategy and money management
really nice your comment. success in trade is lies in the ability and skills to trade that is in us. if we are able to master basic trading style and good management in us, we will be able to make profits in trading. and this could be the key to success in trading
golpo20
2012-06-07, 02:38 PM
we realize in which foreign exchange is usually a celebrated exchanging industry, in case we wish to become a productive forex trader thus many of us should ought to need many exchanging requisites, exchanging understand along with exchanging tactic really essential through the exchanging situation.
syedasadsiddiq
2012-06-07, 03:44 PM
To become on top of your trading and wants to become successful in forex financial market. The trader specially newbies should consider the following points:
1. Don not enter into forex market without having full and authentic information about the market.
2. Don't get over-ambitious and avoid emotions while you are trading, because these are the biggest drawback apart from the trader and biggest reason of failure in trading.
3. Also keep your mind upgrade about currency pricing, and always stay alert about sudden and un-sudden calamity occur on the market.
4. In case of loss don't loose hope, and consult your mentor in case of mentor is not available get connected with the forex officials and experienced forex trader.
good luck.
To be successful in forex you require a mentor who is a seasoned trader himself and makes good profit daily or as the trading perter n is, he will take you through all the formations and trading tricks, but aside that you will require a longer time to be successful , through forums and reading charts and information from other traders.
pepoo
2012-06-07, 11:45 PM
Success in the forex market is not easy and needs to learn the good and gain great experience and always strive to develop our ideas and our knowledge and the strategy or the way in which we use in trading with fatigue, but will reap a lot of money.
hello927
2012-06-08, 12:27 AM
Commitment is the thing that is essential to become good trader. It requires a lot of skills to trade in forex and it can only be achieved through commitment. Confidence is another important factor. If one is not confident he can not trade freely and will not be able to take profit from forex.Likewise emotions also play an importanet role for becoming successful trader in forex. One is to control emotions and apply that emotions in positive way.
yes little use of indicators can also help but overall you must have your own method or your own plan that you will know how to work with and this is where you have to create your own trading plan and I just have my own plan and definitely it will require some to get it perfected.
Masud0172
2012-06-08, 02:12 AM
To be a Forex broker because always Forex authority demand for some deposit in their account to start as a broker.Also we cannot trade after became a broker.we should have knowledge of Forex market and its entire process to be a Forex broker. Also we must think about planning and set up of whole broker network as a broker.
digger_jim
2012-06-08, 02:22 AM
First of all you need patience. Patience to wait while you learn what you need to know to make money in this business.
Then you need discipline in implementing your strategy day in day out.
Then you need both patience and discipline in accumulating profit into equity until it is big enough to give you a satisfaying earning.
antosco
2012-06-08, 03:21 AM
First of all you need patience. Patience to wait while you learn what you need to know to make money in this business.
Then you need discipline in implementing your strategy day in day out.
Then you need both patience and discipline in accumulating profit into equity until it is big enough to give you a satisfaying earning.
Patience and discipline are good qualities that a trader needs to succeed in the forex business. With patience we can be able to spend time learning how the market works instead of being bothered to earn money quickly from the internet and with discipline we would draw out a trading plan and follow money management rule to expose our account to minimum risk.
google
2012-06-08, 04:10 AM
In this world there are many forex traders.But all trader are not successful in forex trading.The requisites to become a successful trader are as follows:
1.At first things good trader set goal.
2.Control greed
3.Understand money management
4.Trading by maintaining disciplined.
xomes
2012-06-08, 05:02 AM
Patience and discipline are good qualities that a trader needs to succeed in the forex business. With patience we can be able to spend time learning how the market works instead of being bothered to earn money quickly from the internet and with discipline we would draw out a trading plan and follow money management rule to expose our account to minimum risk.
Greed is one of the main factor which result in losses in forex trading.Greed origin in lacking of forex knowledge, I think it is possible for us to control our greed if we have rich knowledge and experience in forex. As you mentioned that all of us are likely to be tempted by greed because we are human beings. But I believe that we have ability to minimize our loss by controlling our greed, that is forex knowledge.
zeshan
2012-06-08, 06:44 AM
their are the many requesties to the become the successful traders like as the traders wait the market trend the traders trades the small size lots and earn the profits
100 to 1,000
2012-06-08, 11:08 AM
their are the many requesties to the become the successful traders like as the traders wait the market trend the traders trades the small size lots and earn the profits
mostly, if we want to become successful we must have the elements like knowledge, experience and skills.
but more importantly, we must try to copy other traders who are already successful in this market.
because if we copy successful trader we will become like them.
masum
2012-06-08, 11:33 AM
Any man want to succes in this business too.you can demo account usage 2-3 month. Hard work day by day I think you can know good trading. Then you can success forex market.
ahmedi
2012-06-08, 11:41 AM
First of all you need patience. Patience to wait while you learn what you need to know to make money in this business.
Then you need discipline in implementing your strategy day in day out.
Then you need both patience and discipline in accumulating profit into equity until it is big enough to give you a satisfaying earning.
For me it is the relationship of what is happening in fact with technical analysis because the understanding of what is indicated by the analysis of technical drawings of the incidents that had occurred and affected the prices gives a deeper understanding of what is happening in reality through what he sees in the graphics and the analysis is more realistic than the analysis points support and resistance
Xasir
2012-06-08, 11:42 AM
In my opinion, "Great leaders are great students eager to learn very important never to forget that to be successful must be enthusiastic and willing to learn, if we are successful. Besides being a consistent practice / business is important, as hands on learning experience much more than the book. This form of learning and practice, a successful trader, which is what I did to mine.
anwar
2012-06-08, 10:31 PM
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
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.
theniceone
2012-06-08, 11:56 PM
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 there is enough think should be understand , some activities which are important to understand, to become good trader we should keep some manner , for example , we should patient , disciplineful, not greed, cool minded during trading, and trade according to the strategies
sabuz
2012-06-09, 12:05 AM
all forex trader wants to get profit i am one of them but its not easy to earn money from forex carefully trade in forex and take profit ,,,,,,,,,,,,,,,,,
ceestech
2012-06-09, 12:19 AM
Traders need to learn to make the right call but to do this, we have to learn the basic rule of the game like controlling of emotions and greed.
hitesh
2012-06-09, 01:17 PM
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.
Adnan
2012-06-09, 01:25 PM
The most basic thing is that newbies should practice in demo account for minimum of one months if someone is with you to teach but if all you have to understand from yourself then you should understand everything in demo account and no matter if it takes too much time... also one has to control emotions with patience and trade while with passion.
hitesh
2012-06-09, 01:32 PM
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
isbhacker
2012-06-09, 01:39 PM
I think consistency and Good system works.
isbhacker
2012-06-09, 01:41 PM
Demo is good for practise but unless you have real account you cannot have real life experience.
forexstudentforever1
2012-06-09, 01:58 PM
mayengbam - They must feel that much eager more than anyone felt. They must think that tomorrow they will be the winner. Lemme give you an example, suppose a poor guy or and retired guy or an unemployed citizen who doesn't have any work to do I think we must do a lot of post in this forum. I said to to post not for bonus I sad because we are all here for learning Forex by posting our thoughts. Some of them might feel frustrated,bored and perhaps they might raise thousands of causes like I can't do this, I can't do that we mustn't be like this. Just Love Forex. And Say I love you Forex 3 times In a day.
aarti
2012-06-09, 01:58 PM
I think learning is very important for forex market. If your knowledge is good then you can control yourself and control your emotion too. Mostly you can know all about forex. Learn first then come this market i think you can be successful.
golpo20
2012-06-09, 02:44 PM
Investor will need to have beneficial understanding as well as expertise to stay in forex trading. Investor need to find out how you can management avarice as well as experience. Investor ought to work with beneficial income administration as well as threat administration technique. inside forex trading control is very important likewise.
sufanw1
2012-06-09, 03:10 PM
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
Requirements to become a successful trader is if you can control yourself when you are trading forex. That is the key to being a successful trader. Trading with a cool head and not emotion. And supported by experience and high trading hours.
boniez
2012-06-09, 03:13 PM
certainly you must have a good experience first, because after all, a trader will not be able to apply good trading if they are inexperienced, you should try to jasi often find the experience to be much better.
incredibleindia
2012-06-09, 04:08 PM
Money management is one of the first and most relevant steps towards becoming successful in trading. Money management will help the trader minimize his trading risks so to make more profits.
aarti
2012-06-10, 12:11 AM
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.
100 to 1,000
2012-06-10, 01:28 PM
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.
hard work is the most powerful force in any business. with hard work you can consume a lot of knowledge that you need to succeed in this business. with it you can also put a lot of focus to monitor the behavior of the currency pair that you watch.
vanigota
2012-06-11, 12:46 AM
experience increase by the time we enter the market, as you are strict to the market for long time
you can be able to deal with all its conditions
of course you will make many mistakes, but this is not bad because you can learn from it
and improve your performance by te time
vanigota
2012-06-11, 12:52 PM
to become the trader actually we are also need many thing inside, we need to have the good strategy, we need to have the good emotion and we need to have the good money management, not just that thing else actually have many thing else that we need
hitesh
2012-06-11, 01:09 PM
actually to got the success from the forex busines we are needed many thing, we need to make the good analysis to the market , we need to make the good emotion, good money management, good strategy , patience and also discipline
golpo20
2012-06-12, 04:24 PM
effective investing is determined by the particular our own work and also ability to trade in each and every circumstance.. it's must also make beneficial understanding and also knowledge to the beneficial earning.
wahidaaa
2012-06-12, 04:45 PM
The Forex trading involves full time dedication and a robotic approach.We have to plan and execute the trade just like the robots as they dont have the emotions.We should try to learn more and more patience and this is the only way of success,we have learn to sit tight in the negative territory.The experience is the greatest teacher and as the time passes we get more and more experience.
antosco
2012-06-12, 06:02 PM
Success in forex depends no our ability to discipline ourselves on how to trade with proper money management. Proper money management put in place would be able to safeguard our account from excess loss and secure our profit for us
rk225325
2012-06-12, 06:06 PM
agar aapko forex mein ek successful trader banna hai toh aapko forex mein bahut study karna hoga,forex mein jyada se jyada knowledge gain karna chahiye,forex ka analysis karna chahiye.aur demo account mein hamesha practice karna chahiye taaki experience level high ho sake.
5starsabuj
2012-06-12, 06:27 PM
I think that every man want to success full from trading .But if he want to be success full he can not be success full he must be requisite some quality . These quality may be his experience , his investing capital, it may be efficiency and others . So that as it is an international business so every man should be remember that if any one want to be success from trading he must be some qualities for Forex trading . If any one follow he become success full.
executor
2012-06-12, 07:35 PM
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 main requirement is a success: perseverance. That's it. And when you begin to learn forex, do not rush, just because in your head profit and profit. How can you understand the forex trading, if you menghayal more about profit? Profit will be easily obtained when you have advanced.
grabbani
2012-06-12, 07:43 PM
For becoming a successful trader here in Forex trading I think we have a lot to understand in other for us to be successful in the forex market and i first thing is determination follow by hard work but remember that fear, greed and trading with emotions is not very much good if only you need the profit in the market. This is how one can become a successful trader here in Forex trading.
Gurufx
2012-06-12, 08:05 PM
Experience,knowledge and much more and more practice makes trader successful in both forex and any other derivatives so we should always be updated with it and another thing we should make trade with money management.
you need hard work to succeed in any kind of business, but in forex you need something more than hard work. You got to have an understanding of the financial situation of the world. You got to understand how the currency of a certain country gets weakened or it gets strong on what basis.
oscar
2012-06-12, 08:11 PM
It took longer to learn to become a successful trader ..
we must always be disciplined and patient to implement our plan ..
we have to think realistically that's not easy to survive in forex, ..
always use a low risk in every transaction so you can continue to trade every day
hemaelsisy
2012-06-12, 10:06 PM
in my opinion to became successful trader in need more tired like reading and trading in demo account and watch result to understand market and very important thing is managing account very good
100 to 1,000
2012-06-13, 09:55 AM
the first requirement is of course the profitable trading strategy. without this you will never make profit in this market.
the second requirement is when you have a problem/ losing money you should analyze the cause of it.
the third requirement is find solution(s) to your problem.
with those steps you will make money in forex.
faria
2012-06-13, 10:02 AM
i would like to good results within this business too, however i realize to become effective dealer is need reasonable length of time in addition to effort. given it however right now we keep my mastering.
mayengbam
2012-06-13, 02:41 PM
hard work & praying that the key was a friend & in the process to be successful in Forex time frame to get a better understanding we can not avoid
Agree dude, there is no replacement for hard work, forex is not an easy job or business.It requires hardwork, patience and dedication. without sweating one cant taste success here. If one has to succeed learning the system well is the only option. so dont fear to do the hard work in gaining knowledge about this business
zahidrock
2012-06-13, 03:21 PM
We have to additionally preserve strengthening each of our technique and also transform this till this will become good enough to offer regular earnings. Presume you might be learning one brand new technique every day and also after few days you will be discovered.
forexhero
2012-06-13, 03:44 PM
Experience are the requisites to become successful in trading. Proper Demo trading and heard working. Must to know technical and fundamental analysis. Minimum one year experience...
deden
2012-06-13, 03:50 PM
yes as a new traders we just want to get good and easy money from the market very soon.we have to understand that its not a overnight get rich scheme and we have to trade systematically and with a lot of patience.the more we show the patience the more likely are the chances of getting good results.
deden
2012-06-13, 03:52 PM
If a trader have patiance than he can wait for the right entry and exit point that play a critical role in the success of a trader on the other hand with lack of patiance trader always enter early and make quick decision for exit even on whipsaw that some bring brng less profit and some time whole trade went into negative.
deden
2012-06-13, 03:55 PM
For all Forex traders, Patience is an important and a good thing but with the patience there are risks of getting greedy or being too slow or getting in losses and then refusing to close and get more losses and even reaching Margin Call.
deden
2012-06-13, 04:01 PM
For all Forex traders, Patience is an important and a good thing but with the patience there are risks of getting greedy or being too slow or getting in losses and then refusing to close and get more losses and even reaching Margin Call.
ISHAN5
2012-06-13, 04:08 PM
hi friend their are many ways by following them you can become successful in trade like you have know very much about trading and if you are newbie it takes some time for you because it is not so simple the best way is you collect more knowledge all the time by reading books or from forums like this.
deden
2012-06-13, 04:10 PM
it is true what you are informed about how to become a good trader so new as a beginner trader who can understand and know the nature of how that should be kept in each trade so that trade is not emotional and greedy
deden
2012-06-13, 04:20 PM
Frustrations will gradually lessens when you experience more loses and margin call situations. Let's face it...you lose your accounts because you made mistakes...and until you don't make any correction with your errors in trading then everything will still lead to more frustrations.
deden
2012-06-13, 04:21 PM
think when we have developed losing money we would grieve any amount of money lost and sometimes there is a frustration in their trade because it was too quick to use a large capital in trade . but there is a difference between an individual and another. think that it's all there is behind the incident many lessons that can be taken to be better in the future
deden
2012-06-13, 04:30 PM
When i lose money in forex i feel a bit frustrated and angry. As the results of trades affect our emotions i just try to divert my mind after i lose money in a trade, i usually surf social networking sites and talk to my friends which makes me calm.
stayfilitim
2012-06-13, 04:36 PM
it is easy to be a trader but it is not easy to be a successful trade because you have to learn all strategies and all management and try all plan than you have to make good expectations and you need a big luck for your deals.
Only hard work can not give you gain. increase your knowledge, emotion is very bad in the market.
golpo20
2012-06-13, 04:44 PM
Encounter are the requirements to become effective in dealing. Appropriate Test dealing in addition to heard working. Need to to understand technical in addition to simple analysis. Minimum amount one year experience.
shamakhan86
2012-06-13, 06:53 PM
For being a successful in forex trading every newbie trader is required to follow basic guidelines:-
Learn basics of forex trading business.
Practice implementation of your basic knowledge in demo trading.
Learn advance forex trading strategies.
Keep practicing in demo trading for atleast 3-months.
Always test you strategies in demo trading before real trading for atleast 1-week.
Control your emotions.
Control your greed.
Be confident.
Keep patience.
Concentrate in market.
Use forums, portals and brokers' websites to acquire latest information.
marunet
2012-06-13, 07:06 PM
actual requirement for success in forex trade is very easy, because we only require an accurate analysis, money management is good and has good psychology.
didikebenaran
2012-06-13, 07:22 PM
If we would like to become a successful forex trader so we need to some requites to become a successful forex trader,i think trading knowledge and trading learning is very essential in this situation.
yeah exactly what you are saying that we will never succeed in this business if we do not have the attitude to learn because learning is part of that will grow the knowledge that we will use to perform the analysis in our trade
golpo20
2012-06-13, 10:25 PM
Come across include the requirements to be powerful within working. Correct Examination working together with read functioning. Should to understand technical together with simple research. Bare minimum volume one full year encounter.
tamanna
2012-06-13, 10:36 PM
Most of the members want to become a successful trader but most of them failed to achieve because of lacking of knowledge and experience and also trading plan.
zahidrock
2012-06-13, 11:22 PM
In case we would like to turn into a profitable forex trader thus we should many requites to turn into a profitable forex trader, i do think exchanging know-how as well as exchanging mastering is extremely necessary within this circumstances.
mc0602
2012-06-14, 12:05 AM
some knowledge about Forex and confidence, not over confidence and not greedy. here is only a technically game if some one understand then its very easy for them.
ShariqKhan
2012-06-14, 11:39 AM
to be successful, bearing more determine to learning and working on development every day, and you follow the news and in exchange, reputation and affecting and influencing the market and read magazines and books relating to the pair you are working
wahidaaa
2012-06-14, 11:29 PM
In my opinion in order to become a good trader we are suppose to have a positive attitude and a solid will.We have to be logical i thinking and thorough in the planing.We have to shed this notion that forex is a get rich scheme and the traders who takes it professionally are the real heroes.The nerve control and the patience is of paramount importance in the forex trading.
ahsankhan
2012-06-14, 11:29 PM
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
jo meri opinion hai kay eageness to learn is very important hai kion kay forex market may har cheez ko follow karana zarori hai warna app ko kafi loss ho sakta hai market may.
shakilfx0
2012-06-16, 01:46 PM
First he will be patient,keep to mind it will be risky.That means he will lose any time his balance.When he will loser he keep quite his mind.
I agree with you as everybody mentions hard work but no one mentions smart work. Smart work in fact is most important in forex markets as a trader must know what is important and what not and what is to be done on priorit
purohit
2012-06-18, 01:36 PM
A trader should have courage to invest in these risky markets and at the same time have abilities and skills to trade in forex. He should be able to control his emotions but also have a strong trading mind set to make maximum profits in these markets.
syphertob
2012-06-18, 01:45 PM
to be successful we should be enthusiastic and have an eagerness to learn then only we can become successful and so you don't have to deposit from your pocket you can just trade with bonus money and get the profit.
mony1
2012-06-18, 01:49 PM
Need to be read in e-books, sites, and apply what I learned at the expense of demo and training enough until you learn it well before the start of trading real
purohit
2012-06-19, 12:43 AM
I agree with you as everybody mentions hard work but no one mentions smart work. Smart work in fact is most important in forex markets as a trader must know what is important and what not and what is to be done on priority.
kiran
2012-06-19, 01:21 AM
Trader have good knowledge and experience. Trader need to know how to control greed and emotion. Trader should use good money management and risk management system. Yes discipline is very important also.
awais
2012-06-19, 07:45 AM
In every feild of life the most important thing to the way to prosper is hardworking aNd ambition, without these one cannot be successful in life. Same is the case in forex trading hardworking is deadly reuired to get success in the this ground. So one should be ambitious to his/her aim..!
ayusri
2012-06-19, 07:56 AM
In every feild of life the most important thing to the way to prosper is hardworking aNd ambition, without these one cannot be successful in life. Same is the case in forex trading hardworking is deadly reuired to get success in the this ground. So one should be ambitious to his/her aim..!
a lot of terms and conditions that we must meet to become a successful forex trader is trading with those who run a lot of experience kedises and exercise strict discipline is the way and the road to becoming a successful forex trader can not be avoided, a trader is not case how to make money quickly and easily but also how we can organize ourselves and the management of funds directed to profits and losses in trading can be seen even before the trading itself is done, successful traders are those who have a high kesiplinan and how good trading and planned capital management, forex trading is not easy to practice as much as you but we will be really reliable traders who not only can survive the loss due to market movements but also can develop into more capital and can take advantage of capital remains a golden goose that always lay eggs to be taken every day, it is not easy but that does not mean it can not be achieved, there is nothing impossible in forex trading as long as we still want to practice and develop our trading system with continuous training exercises.
kiran
2012-06-19, 12:13 PM
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.
purohit
2012-06-19, 12:18 PM
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
kiran
2012-06-19, 12:24 PM
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.
jamalmolla5
2012-06-19, 12:37 PM
Hardwork never goes into vain. You must practice together with gain a greater number of experience with demo as well as some bonus accounts for those who become a good trader than you won't deposit from the pocket youre able to just buy and sell with bonus money and uncover the earnings.
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
good knowledge of the market and the ability to properly analyze the main requirements to be successful in this field. and these qualities can not be obtained easily, people need to experience for years to be able to more accurately analyze the market but has the best knowledge is not enough to succeed, there are many people who have a very good idea and innovative even then they did not succeed. Why? they do not have the courage to work out or get involved in the process actively and they stopped at the first hurdle. So it is important to have the qualities that have patience and never stopped until the desire result is achieved.
nterziev
2012-06-20, 12:30 AM
I can agree with you,that everyone want to have only succeed in the forex without loose their money,but it is very hard.The big part of the forex traders don't have so success,why? - I think,that they need more education and practice on demo account to become good traders,who can be part of the real live trading.
smrkaes
2012-06-20, 01:38 AM
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
Everyone is want successful trader but most of them fail , there are some month trade forex market and loss more money than think forex not for good so there are leave forex.
if anyone try first demo account learn how to profit forex marke and analysis then invest real money he or she earn every day easy forex market. first month demo account trade and adjust platform then small amount invest real account trade small volume .
solidperson
2012-06-20, 04:40 PM
to become successful in this market once need lots of experience and having good capital ..i think most of the traders are expecting a huge profit form a small investment ..dreams not comes true if we have no winning strategy .lack of knowledge in this market also responsible for the biggest lost
traders working very hard and we traders are so working very hard,but losing and still losing.may be we are not focusing our trades and may be this is the reason.but we can become success and we can get rich need patient and should follow the proper risk management of forex.
fandi
2012-06-23, 05:43 PM
traders working very hard and we traders are so working very hard,but losing and still losing.may be we are not focusing our trades and may be this is the reason.but we can become success and we can get rich need patient and should follow the proper risk management of forex.
we have to be patient in trading... dont try always get in market all the time,,,even that
we working hard...i am sure that we will be loss because we get in market in wrong time..
KOULL12
2012-06-23, 06:04 PM
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.
irome
2012-06-23, 06:48 PM
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
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.
bharat23
2012-06-23, 07:11 PM
If you want to be a successful forex trading then start struggling here in this business and try to achieve more and more knowledge and ideas which is the main thing to make a good amount of profit and once you achieved this two golden things then you can even make a 100% profit in a month.
tarun2305
2012-06-23, 07:12 PM
we have to be patient in trading... dont try always get in market all the time,,,even that
we working hard...i am sure that we will be loss because we get in market in wrong time..
haan patience rakha kar hi trading ko perform karna chahiye jab tak aap pateince rakhenge tab tak aap kabhi galat nhi hoge aur loss bhi nhi hoga aur har samay market par watch karne ki jarurat bhi nhi hai
azhar5
2012-06-23, 07:24 PM
to survive in forex trading or to do well or to make much profit a trader need many thing.there are so many important important thing to be an expert trader.the things are having knowledge about market analysis,technical and fundamental analysis,emotion control and self discipline.all are the requisite of a good trader.
Sabbirbd
2012-06-23, 07:25 PM
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 need hard work and discipline .
Ben Jones
2012-06-23, 07:30 PM
There are many condition to become a successful in trading beside the discipline and working hard you should trade with a high confidence and flexibility if you want to be successful
hey dude become successful trader in forex market is not easy. I consider that every trader should be follow some requirement for become successful trader in forex market. By the way i consider that trader should be follow rules and regulation which is created by the forex market.
espin
2012-06-23, 08:58 PM
to become a successful trader in forex there is some requirement to be successful we need lots of experience and we need to be Patience about our success , before making trade we have to analyze the market and we need to the chart analysis.
Bhavik Patel
2012-06-23, 08:59 PM
well as for me i think we have a lot to understand in other for us to be successful in the forex market and successful trading is only depended on the trader;s knowledge and experience and for my opinion the best factors are: controling emotions, money management , analysis , and practicing with demo account
shoeib
2012-06-23, 09:08 PM
Agar aapko 1 successful forex trader ban na hai to aapko kuch baaton ka hdyaan rakhna padega...
1- aapko proper technical aur fundamental studies karni hongi...
2- aapko market ko proper time denah oga
3- account me enough balance hona chahaiye
4- greed aur fear se bach ke rehna chahaiye
5- apne se senior traders ko follow karna chahaiye
rite sir greed aur fear ek trader ke sabse bade dushman inhi se trader loss karte hai sabse pehle inhe khud se dur karo aur apne capitals badhao kyuki jitne zada capital honge accnt me utne zada cnfdnce aaega aapme aur aapke prft k chance badh jaenge..
mahir washif
2012-06-23, 09:16 PM
hard work & pray that the key was a friend & in the process to be successful in Forex time frame to get a batter understanding we can not avoid because the time to give is
sn003
2012-06-23, 09:43 PM
Every man wants gain his life. Then every Forex holder wants success his business. But we should hardworking and more-learn of this subject. We can become successful with learning and practice.
got2luvyou25
2012-06-23, 09:55 PM
yes i m agree brother. forex mein luck par kabhi bhi susessful trader nahi bana ja sakta hai. forex mein trader ko chahiye hota hai. ki aap ismein hard work kare aur sahi trading skill banaye achchi strategy honi chahiye. experience ho tabhi is field mein jama ja sakta hai.
han bahi is business hard working ki requirement hoti ha lekan serf hard work kafi nahi ha na is busimness main wohi log successful ho patey hain jin mind sharp hote hain so if we want to wins this business so hard wokr k sath sat humhien start bene ker acha experience hasil ker business ko win kerna hoga
sazzad
2012-06-23, 10:01 PM
Most of the trader fails because they does not want to learn about this market and they want to make profit without knowledge which is called gambling and the result of gambler is harmful because they can loss their account balance any time.
anjani
2012-06-23, 10:05 PM
to become a successful traders u have to learn forex. for learn forex u should open a demo account.and u should observe the market place and currency rate..use money management carefully. and finally u have to great trust about it.
Abu Bakr Siddique
2012-06-23, 10:06 PM
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
Firstly one have to be hard working to become successful in this field.Moreover one have to go with a lots of practicing and studying.Any one who become successful in this field have to make practice at least 1to 3 months in demo trading,must be very sincere,should have capability of controlling emotion,ability to not to become greedy in the moment of greed.Actually these are requisites.
darkhunter
2012-06-23, 10:11 PM
Practices, Market analyse, Update news, worldwide currency condition, Money management, manage risk factor, And experience. Just follow the things to do successful trade i think.
GeniusInv
2012-06-23, 10:13 PM
Of course, keep learning is the secret of having good earning. Suppose you are learning one new strategy every day and after 15 days you will have learned 15 strategies, then you will find more signals to trade and can earn more profit. Just my opinion
darkhunter
2012-06-23, 10:13 PM
Firstly one have to be hard working to become successful in this field.Moreover one have to go with a lots of practicing and studying.Any one who become successful in this field have to make practice at least 1to 3 months in demo trading,must be very sincere,should have capability of controlling emotion,ability to not to become greedy in the moment of greed.Actually these are requisites.
Agree with u. If anyone practices and study and control emotion he/she must be a successful trader.
CemonG
2012-06-23, 11:34 PM
The first and foremost duty of a trader is to gather information about Forex business before starting trade activities. This is very important for each and every trader.
That ' s right, a preparation that will be done sure have to gather information on trading forex, after that we just devises strategies that will we implement so success there must be a plan from the beginning, including the forex if you want to succeed in this.
zulqurnaine
2012-06-24, 12:30 AM
If you want to become a successful trader in forex market you need to learn about the forex trading. your best experties will make you a successful trader and you can earn big profit every month. you also need to plan some strategy for a right post.
yasir dhoom
2012-06-24, 01:19 AM
zadaya trade log forex ko sekhte nai bas tradeing shru kr dyte hai or jab unko loss hota hai to trading chor dyte hai khuch logo kay loss ki waja lalach hoti or wo zayada earning kay liye zayada risk lyte hai.
njoroge5
2012-06-24, 02:00 AM
A GOOD trader make sure that he or she has a very good account that has a very great international trading std. when you understand what you are doing you should make sure that your account has mad some good strategies. understand what you can do with the strategies.
aisya
2012-06-24, 02:31 AM
when you will be interested with this business then you can join in this business. you need good amount of knowledge, concentration, patience to become successful in this trading business
to succeed in forex trading is you should have the right motivation and strong so that you can clearly see opportunities even in the beginning still does not work, so a strong desire to find a way for you to be successful and of course the fact you will study hard and focus correctly
Jackdoson
2012-06-24, 04:17 AM
There are many qualities of be a successful trading. Such as:
1. Good Forex knowledge
2. Good money management
3. Good risk%
4. Ability to learn market conditions
5. Good relationship with Expert.
Juleenayer
2012-06-24, 05:21 AM
There are many qualities to earn a good profit that why he or she will be expert that I mention bellow:
1. Forex knowledge
2. Good money management
3. Good risk%
4. Ability to learn market conditions
5. Good relationship with Expert.
kalponick
2012-06-24, 08:13 AM
I only follow one rule.. I will only invest money from my pockets when I can gather the confidence needed to face this market with my own money.. Until then demo or forum money is good enough for me.. Because when you understand the market and build a sound strategy then you can earn profit with any amount you trade with..
we all know that it is not so easy to make money from forex it require something to get success from forex , it is true that this business is very profitable and we can make lot but we need experience to get success.
zizhost
2012-06-24, 09:46 AM
In order to be a effective trader within foreign exchange market it is advisable to understand your foreign currency trading. your very best experience will make which you effective trader and you may acquire major earnings every month. a person should also prepare many strategy for the right publish.
learning is really required and the best thing now is to learn and follow the plan and strategy that you have made after learning and I have my own plan for success do not care what other people are doing and what they are saying and what are the fundamentals? so just have your own plan which will suit you best. but experience is require to make a plan.
hikaru fx
2012-06-24, 10:52 AM
Great opnion on fore to be a successful trader.
i am trying for several times to make my money management strong but i am being fail
i think there are many requisites in this case of trading,among them skill,experience etc,the man who maintain this necessary things , they will be successful in this trading.
toton007
2012-06-24, 01:03 PM
I am a new member of this forum and I'm very excited about forex trade. But I think there are some requisities for a successful trading.
1) must need to go to the school where give learning or training about forex from top to bottom.
2) After finishing the course need to consult the senior member of forex that how it works and how is his experience.
3) Then start practice in demo account for about 6-7 months.
4) In real account try to best with deep patients and strong intelligence.
mojcris
2012-06-24, 02:24 PM
That's a good question :)
I think the best requisites are the demo account and practicing enough about 6 or 12 months, after learning analyzing the market well then we are allowed to enter the real market :)
100 to 1,000
2012-06-24, 02:30 PM
the requisites to become successful in forex trading is to learn a lot from other traders and practice a lot.
by this we will build a good trading experience and when we have good trading experience we will become profitable.
arif01
2012-06-24, 03:48 PM
I can easily trade with Forex online trade in all time. People those who are unemployed they can work with forex in ideal time. People Those who are employed then also work with forex in rest time because it is on line programe and it is always open. So forex is a way of Income for man those who are gather knowledge about computer and online internet use knowledge
the major things that we need to take care for is the risk management and the money management as these two tools are the main sources that will protect the capital that we have
mmja2003
2012-06-24, 03:52 PM
For being successful in forex trading I think at first have to have quality of patience i.e. patience of learning, patience of analysis, patience of making profit and having lose. Second thing I think a successful needs to be cool in forex trading and have to ability to abstain from greed while trading
it is not so easy to do this business we need to learn lots of thing to become a successful trader , in forex we have to get lots of knowledge and experience to be a successful trader.
star.ta
2012-06-24, 06:16 PM
if you want to become successful in trading you should follow all the trading rules and maintain the trading discipline. you must control your emotion when you trade hear. proper invest and take a good risk and money management is essential for become successful in trading.
CemonG
2012-06-24, 09:18 PM
Qualified success in forex is focus, discipline, not greedy, understand what ' s that forex and you want to learn the analysis and capable of being restrained emotion trading. Perhaps that should be prepared if you want to succeed in forex....
mohcine30
2012-06-24, 09:49 PM
in my view i think the eagerness to learn is very important and forex is a good business with Financial Freedom for the clients so with these two, we will be able to take the right trading decisions.
anjani
2012-06-24, 10:22 PM
Feature a good understanding related with the market is among one of the information we require to understand. Due to the fact market information is information quickly from any sort of conclusion of the dealers that have happened.
shalman
2012-06-24, 10:22 PM
you can get knowledge by reading book but you can not get all the thing if you want to know all thing you have to make demo tread also so tread is also important.
forextech
2012-06-24, 11:42 PM
forex trading market me kamyaabi haasil karne ke liye trader ko zayada se zayada knowledge achi strategy aur good capital ki zaroorat hai issi se hi forex trader achi trade kar sakta hai
likun
2012-06-24, 11:42 PM
first thing to become successful in forex you need good experience and you have to be smart , it is not so easy to become successful in forex you have stay with forex for long time .
Lyubov
2012-06-25, 03:38 AM
i think there are three items for successful trading. they are prediction, money management, and luck. Prediction will lead our transactions based on market analysis and able to follow the market movement so as to minimize loss. Money management is able to distance us from the possibility of a margin call and luck is a factor that has always awaited by traders. Fortune trading will only occur on a trader who wants to learn and be disciplined in trading.
ayusri
2012-06-25, 05:00 AM
i think that, to succeed in forex must learn everything on Forex and we use accurate analysis and should be in control of our emotions do not make it is to control us and use the demo account is very important not only for beginners but also useful for professional trader.
This is the most important thing is we should be very very cautious of risk management where the risk comes every time, when it comes to spending our capital if we are not intelligent in mensikapinya, but it is certainly a profitable way of trading sngat also play a part in forex trading, the trader who would have experienced in a way a way that even many years he was a test to be successful in this forex trading, forex trading should not be unrestricted because of a lack of knowledge on the way to profitable trading and forex trading trading management is part of the business so he should be treated as apalag betting business is not profitable event in guessing the price advantage as a trader so we stay away from guess to guess the price especially with the capital to gain advantage even though we've become a pro trader though there will be many factors that make our trading profit los especially if the only advantage without a strategy therefore, we must continue to train to become a professional trader.
shanti
2012-06-25, 12:38 PM
Feature a good understanding related with the market is among one of the information we require to understand. Due to the fact market information is information quickly from any sort of conclusion of the dealers that have happened.
to get success from forex business i think the main requisites is to get the experience , we need lots of knowledge to get the success from this business we have to wait to see the market condition to be a successful trader.
sanjay
2012-06-25, 06:56 PM
Always use the appropriate brokers if you are trading the market. Brokers, are the players, that action the befalling for a lot of alone traders like us to participate in the forex market after stress
It's not easy to ba a successfully treader.need to be a lot of skill on online tread.about online market.
Fully skill on online tread.need to be more about online tread
mohcine30
2012-06-25, 08:24 PM
for me i think the requisites to become successful in trading is You should practice and gain more and more experience and One more important is learning from our mistakes.
Lyubov
2012-06-26, 05:09 AM
forex is so complex, of course could not be reached instantly. Success in forex requires a long process and must we pass. Therefore, for those who still think instant forex is then immediately change the mindset of to be forex requires an ongoing process and the necessary expenditure of time, money and effort if wants to be successful.
raju21
2012-06-26, 05:21 AM
If you want to be a successful trader in Forex market then you need to learn Forex trading properly before you start trading with your real account. If you come to this market without learning anything then Forex may bring diminishing result in your life.
sujarman
2012-06-26, 06:25 AM
If you want to be a successful trader in Forex market then you need to learn Forex trading properly before you start trading with your real account. If you come to this market without learning anything then Forex may bring diminishing result in your life.
Forex Trading Tips for Success.
A. Create a trading plan and description as well.
2. Make the trend as your best friend (Trend Follower).
3. Keep well & carefully your capital.
4. Knowing when to dispose of "toxic".
5. Do not be emotional.
6. Be smart and informed.
7. Immediately write your trading on a trading journal.
8. When prices move sideways or a little, do not enter the market.
9. Do not be too much or excessive trading.
10. Never Give Up. Do not give up .. never give up
shosha
2012-06-26, 06:28 AM
trader is a good which is characterized by focus and patience .. Gain experience and skill .. They continued education ... The use of stop loss ... Control emotions such as fear and greed ...
oscar
2012-06-26, 06:34 AM
for me i think the requisites to become successful in trading is You should practice and gain more and more experience and One more important is learning from our mistakes.
you are right ..
practice will be able to improve our trading skills ..
although we have to go through long process in practice, but we will get satisfactory results if they can make a profit from the results of our practice
executor
2012-06-26, 06:44 AM
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
Trading requirements we already know in general. Between skill and psychology have tersinergi each other well. And the management is absolutely necessary. Then at any time regularly evaluate, close all the weaknesses and shortcomings by upgrading each strategy used. Those were the things that have been done by those who succeed.
kakuly
2012-06-26, 06:45 AM
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
well question friend, i think success traders definition critical. because we will make alot of mistakes during trading. but mistake make a trader perfect. its true that some trader believe luck is the main factor. but its wrong idea. when we change our mind and believe the real thing of forex trading, we will become successful in trading.
hasnian
2012-06-26, 06:48 AM
the lot of things that make the trades become a successful traders like as the define the market trend and the trades with the mind and the wait for the clear movement.
to become a successful trader in forex you need to know some rules regarding trade in forex.you need have proper analysis of the market price and the condition abuot this.then you need to trade after getting the signal.
galaxy
2012-06-26, 08:42 AM
requere learning..and nevber give up..if u always learn..u can find strategy how to success in forex...
n u will find how to menage your money and psiclogi trading
shamtek
2012-06-26, 09:01 AM
The simple fact that traders lose not so much
because of their technical analysis skills, but
because of discretionary management...issues
arising out of fear, second-guessing themselves when in a good position
etc. I think he is also a professional trader. I think for some traders, they just need a small adjustment to come out farther ahead.
I used more than 4 hours daily from Monday to Friday to be a full-time and I watched a good price and also watching the opportunities to enter the and now I have no other work only Forex
sammy
2012-06-26, 09:03 AM
i dont think winning in forx is all about hidden qualities or special skills. actually its pretty simple. u need to know the basics of forex, have to know how to spot a trend and how to trade news, and voila..u will profit.
shanti
2012-06-26, 11:15 AM
Ya like #pipsvalue said,only some people will be able to be professional trader at forex market.The people who never give up until now even he loss many of their capital and always find the solution to improve their strategy.
hemaelsisy
2012-06-26, 12:03 PM
to became successful in trading it need to learn to increase your knowledge it make trader sussed there are trader that trade in Forex that for trading only
irome
2012-06-26, 12:55 PM
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
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
toton007
2012-06-26, 01:55 PM
There are so many requisites to be a good trader. Of the four requisites are most important to lead here. These four works as a key to success in trade.
1. control of emotions
2. keep patients
3. deep concentration
4. not to greedy
moi for vous
2012-06-26, 01:56 PM
Everyone can become successful traders if he work hard on learning new things about forex and apply it during real trades.People learn from past.This make him experience and become eligible to get profits.
obayeed
2012-06-26, 02:02 PM
My opinion is, to become successful in trading a trader should be patient and disciplined and do his study and analysis properly.Also during the time he suffers losses , he must not loose hope but learn from his mistakes and try not to repeat them.He should learn constantly and work towards excellence until he succeeds and rest comes with time and experience. So that is a good idea.
we traders are know the net is full of information or news which are junks mostly and to find the good ones is indeed a difficult task and that;s why we seek tips from the forum members to find good sites some books and for share our mind etc.
the people is also like that they are need to learning from the past learnign from the past let them know what that they need to do on that condition and what we can not do on the other condition, so many of the successful trader was talking to us to got more experience to lead us to got the success from the forex business
once again if you know a good trading business then you should take advantage, the best use of time is much needed in the business of forex trading and really helped me in starting trading. you can be start know.
Lyubov
2012-06-26, 02:32 PM
the people is also like that they are need to learning from the past learnign from the past let them know what that they need to do on that condition and what we can not do on the other condition, so many of the successful trader was talking to us to got more experience to lead us to got the success from the forex business
to survive and achieve success in forex trading we have to take a winding road with the rise and fall, sometimes we must be struck down until the bottom of a ravine. Therefore, the fact that it is to survive in the forex is the intention and the mentality of the traders. We must have a strong intention and mentally steel. by respond all the problems that have to be a challenge we take and solve.
peyekiwak
2012-06-26, 02:47 PM
Everyone wants success in FXtrading. But most of them fails
forex is business..
like other business.. its need time, learn, and experience...
like business, we must get loss, need more struggle and focus...
this is not easy but will be easy if we enjoy it.. :)
mehedi islam
2012-06-26, 02:48 PM
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.
i am agreeing with you. demo trading is must for every trader. but to be successful trader we need some practices in real trading also. because the difference in pressure in real trading and demo trading are huge. so to realize the real time pressure and situation every trader should do some practice trading in their real cent account.
ahmedi
2012-06-26, 03:05 PM
we traders are know the net is full of information or news which are junks mostly and to find the good ones is indeed a difficult task and that;s why we seek tips from the forum members to find good sites some books and for share our mind etc.
Well we must know that can be done is for one to be able to achieve a certain degree of performance level, gaining high confidence level. This is now the strategy. One must therefore at start practice first to be able to attain that confident performance level. One must be able to say he really know how the market is
momina
2012-06-26, 03:09 PM
the most important factor for any sucess full business is the hard work and the experinces. experinces make man perfect. he could learn frm his mistakes and can avoid them in future. by hard working one can easily get profit. as he inputs all him effort
febryane
2012-06-26, 03:11 PM
i think if we want survive in this job, we need much experience,, experience can makes us know what should to do, when something wrong with our position,, and make other analysis
01730177733
2012-06-26, 03:11 PM
i think for-ex trading is a very important role plays a vital terms and conditions if you are a good forex trader you will trade fore x market and you are won fore x trading fore x trading is a foreng exchange trade business and you will be a good for-ex trader if you are knows for-ex trading system and for-ex trading tools and for ex trading experience and other fore x trading stertages
mojan
2012-06-26, 03:32 PM
The best way ne can be a successful as is trader is by using his own strategy since the market is always moving and very difficult to predict so the only way is by knowing how to tup in to it successfuly.
Mr 92
2012-06-26, 03:45 PM
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
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
Yeah if we have slow internet connection our trade/position cant be open/close as we desire because a requote pop up will come up frequently and its quite frustrating. Wemay lose profit also if we cant close the trade as we want due toslow spee
I think 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. Successful trading 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... this is what I think.
sky444
2012-06-26, 03:50 PM
Everyone can become successful traders if he work hard on learning new things about forex and apply it during real trades.People learn from past.This make him experience and become eligible to get profits.
Rifat
2012-06-26, 04:41 PM
If an aspiring Forex traders thinks that he wins trades because of luck, then this trader is doomed to fail in the long run. Trading is not gambling its business....you have to plan and execute a trade plan each and every day, this is the way traders must look at things if he want to succeed
kumar
2012-06-26, 08:13 PM
i want to be a success man it is easy to say .but become a successful man is so tough .if we want to be this we have to work hard .in forex we have to learn about it very well .without knowing about this we can not success in forex .
sanjay
2012-06-26, 11:05 PM
I become successful for perfectly follow some rules. These are
1. Never use indicator and robot
2. Take trading decision only my trading strategy and analysis
3. Control emotion
4. Perfectly invest as portfolio
5. Always use stop loss.
solidperson
2012-06-27, 01:39 AM
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
i don;t think success will come in one day ..continuous making profit and having the confidence to face any kind of situation is the main requirements for a professional trader .when we can do that we can be successful ..experience is most important fact here
yogesh
2012-06-27, 02:00 AM
i want to succes in this bussines too, but i know to be a succesfull trader is need long time and hard work.hard work and praying that the key was a friend and in the process to be successful in forex time .
Of course adequate knowledge is vital prerequisite to success in forex trading - you should not be scared of putting needed efforts to improve your expertise about forex and try to follow the path shown by other top traders
executor
2012-06-27, 01:35 PM
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 rule is, you have to be diligent, be diligent and patient, no matter what happens. In addition, you should prepare enough time for forex, so that you fully understand how effective trading and minimum risk.
omer1
2012-06-27, 02:15 PM
Forex trading mein sab se bari wajai failure ki ye hai k log learning k bagair hi forex trading start kr detay hain even k demo par practice bhi nahi krte or quick money k chaker mein sab loss krwa letay hain. forex mein successful hone k liye learning or experience ka hona bauhat important hain.
tarun2305
2012-06-27, 03:08 PM
successful banne ke liye risk managemant jaruri hai isliye risk management ko samjhana chahiye capital ke anusar trading karna bahut hi badiya trading mani jati hai.
lincon395
2012-06-27, 03:28 PM
Although,everyone want to success in Forex treading but at the same time they need to do hard work in the Forex.Here batter quality means you need to do hard work and you have to be passionate about your work.
likun
2012-06-27, 03:34 PM
to get success from forex business you have to give lots of time to learn about this business , if you can get a good experience about this business at that time it would be easy for you to get the success from this business.
sujarman
2012-06-27, 03:36 PM
to get success from forex business you have to give lots of time to learn about this business , if you can get a good experience about this business at that time it would be easy for you to get the success from this business.
a true story of our master, please refer to in this website ...
http://fxjava.com/
ishvara
2012-06-27, 04:07 PM
Success and hard work always comes side by side in this business of forex trading. I believe that all traders who have worked hard in their forex trades for the past 2 - 4 years are ripping the dividends of doing that which is profits.
mesbahjsr
2012-06-27, 04:23 PM
there are many requisites to become a successful traders in any kind of trading market. but from that requisites you have to choose some special requisites which can bring your success.
kyo.rahul89
2012-06-27, 04:27 PM
Basically first of all many newbies are not aware of demo accounts. allnewbies must first practice over demo accounts then they must lay their hands on the actuall one.. you shud always be ready to learn things and learn from your mistakes..you shud make sure you first analys the market before you take any steps .. negligence causes failure !! so remember this for success.. AND learn from your own mistakes
arif01
2012-06-27, 04:35 PM
who are employed then also work with forex in rest time because it is on line programe and it is always open. So forex is a way of Income for man those who are gather knowledge about computer and online internet use knowledge. So Forex means a sources of income in on line by conversation various topics on forex trading. It is a indian wave site from which lot of people earn money in long time. It is suitable sources of income for student
Nganti
2012-06-27, 04:53 PM
to become a succesman in forex trade is simple, we just need to learn about basic of forex market, second learn about analysis in forex that is techincal and fundamental and end is learn about money management.
miketega3
2012-06-27, 05:15 PM
the truth is that For someone who wants to trade their own systems need discipline and handwork but Hard work is the foundation of all profitable trading systems only then will you become successful
safayet39
2012-06-27, 05:19 PM
Both of them should be carried from the position you chose. There some part of trading that needs a lot of fundamentals and what you mentioned above is not enough. We should also include the other action. You need also need to include Hedging in order to protect a big loss on each trade. Prediction should also be part of fundamental of analysis to see what will happen on the position you will chose.
I do not think that fundamental analysts look at technical analysis significantly.
I know one person, an expert in fundamental analysis and to be highly successful with him.
I believe that the hedge is for experts only and correct use by beginners...and what you think about hedge that protect a big loss on each trade is wrong....it is better not to open any position ...no buy and no sell. so we dont have to wait for market for long time to come back..i think stoploss is better than hedge.
zahid13
2012-06-27, 07:06 PM
i acknowledge with you companion, control and effective time control is the key our success if we are do well.many investor only can do control but , they not handle their time well. we should handle our period in business, do not see on your data fully in a day
Md Ratul
2012-06-27, 07:09 PM
to become a successful trader we should learn about the forex first.we should overcome our emotion and take simplicity to trade.and always become a time maitainer
safwan06
2012-06-27, 07:33 PM
well. there remains some requirements to be a successful trader. you have to know the trade at first.and then you have to have enough encourage and have the effort or will to make profit and have to keep patience. then you will be a successful trader. thank you.
mesbahjsr
2012-06-27, 07:55 PM
there are many requisites to become a successful trader in Forex trading market. such as- you have to be confident, smart, conscious about the market condition and what not?
Forex trading is a trading in which traders achieve more profit in this trading but this trading has some requirements like gathering a hues information will be skillful and experienced for success.
mohcine30
2012-06-27, 08:14 PM
for me To be a Forex broker we should have good bank balance, because always Forex authority demands for some deposit in their account to start as broker. Also we can not trade in Forex after became broker
alvabra2010
2012-06-27, 08:20 PM
The requisites i feel to be successful in forex trading are :
1) A calm mind.
2) Eagerness to learn from every mistake committed.
3) No greed.
4) Know the market.
for being a good trader the requisities are
1.understanding about forex market.
2.trading instead of gambling
3.avoid emotional judgement
4.avoid over trading
5.avoid greed.....
I am the manipulator in the course of seven years, summed up a number of lessons,becoming a successful trader depends upon upon the practice u do in demo using the technical and fundamental analysis. if u make profit consistently and cut losses in practice then u become successful trader.
atomic
2012-06-27, 10:34 PM
if you want to become a successful trader you must follow the below points-
* good strategy
* knowledge about trading
* experience
* proper invest
* take risk and money management
* trade regularly
anjani
2012-06-27, 11:23 PM
its depend on you if you have good practice in demo account and good anaylses technique then you can easily achieve the target of successful trader.if you learn the technique of indicator reader then its more easy for you.
shanti
2012-06-28, 01:52 AM
If the plan is good, you practice it over and over again, and evaluate after a series of trades, revealing poor assumptions and personal tendencies that cause mistakes. I don't teach people to fix their psychology. I teach them to go around it, using the plan, and balancing trading factors (like the 70% factor)
The conditions required in order to become an investor successful in forex must first trading range for a considerable period on the account demo in order to be more capable of success in dealing with the account the real and to gain more experience and also follow economic news in order to be able to avoid the vagaries of the market and have a good strategy
kashifrehman
2012-06-28, 07:51 AM
successful trading for forex market this good way .every parson need successful life for forex market .forex market is a good way .so tow much like this market .my life change for forex.
When we write the word success for specially forex at that time it seems to be easy that anyone can get successin it. But when we jump into this market at that time we realize that how tough this market is. If we search forum or blogs than we see that every person is talking about learning and practicing than we can realize that how important it is to learn for trading in this market. In fact we cannot make it if we did not learn it properly.
actually be becoming a successful trader is not a easy task but you will be success by following the rules and regulations of this trading like gathering knowledge ,skill etc .
hasnian
2012-06-28, 09:17 AM
the lot of things that are the important for the traders in the success in the market like as the now about the trend of the market the wait of the market time and the forecasts
cuongmom
2012-06-28, 09:26 AM
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
Well, there are a lot of things required the trader to become a successful in trading. Once of them is we must have so much money to trade, because we must false a lot before can earn money. I always read forex books and learn deeply about technical before trading real. The traders must have the discipline, patient, confident to become a successful trader too.
100 to 1,000
2012-06-28, 10:43 AM
of course we will need to learn as much as we can from this business to master it because we are still new.
and we also need to prepare our mentality to face this big market. finding good trading strategy is also required.
melisa
2012-06-28, 10:45 AM
of course we will need to learn as much as we can from this business to master it because we are still new.
and we also need to prepare our mentality to face this big market. finding good trading strategy is also required.
I simply conclude that if we studied hard. and after that we had a good and proven system, money management is good, very measured and no greedy elements. Later in private, which are used fresh capital, would be to say that forex is easy.
eskip
2012-06-28, 10:50 AM
Every trader have need to be follow some requirement for become successful trader in forex market. I presume that trader should be knowledgeable and experienced. I also consider that effective formula "exp+edu+luck=successful man" which can trader become successful trader and trading in forex successfully.
pinki je
2012-06-28, 11:11 AM
aik successful trader banny ke liy humain bohat mehnat bohat struggle ki zaroorat hoti hia kin ke is ko jitna hum asan samjhty hian utna asan hia nahi ye kafi riski sa business hia is liy ager hum kamyab hona chahty hian to is ko properly sekhain phir start karain
hikaru fx
2012-06-28, 07:23 PM
if you hae a trading ability of the traders in analyzing the trade that will bring traders to succeed in this business when traders are not disciplined in their trading then that will happen is they will get a very big trading risks.
v jay
2012-06-28, 07:23 PM
The secret of success in forex trading would be your strategy. I mean the whole strategy. Discipline is just to make sure that you following your winning strategy in real action, so you can achieve your success.
sanjay
2012-06-28, 10:14 PM
I always hope there are many successful traders of course, with many successful traders will make the forex market is like a real market is certainly a lot of emerging broker broker in charge and this will be very crowded
anjani
2012-06-28, 10:14 PM
If you want to become a successful trader first you practice on demo account till you have built your trading skills very well and you not to be able to understand market trend and indicators, to do technical analysis. To learn about forex trading you can use radicals, e. books, books available in the market and comments of successful traders.
tarun2305
2012-06-28, 11:32 PM
Trading ka koi bharosa nahi hota kabhi kabhi ghanto lag jate hai toh kabhi kabhi din nikal jate hai aur hume trading me thoda sabhar rakhna chahiye.tab hi aap successful honge
mesbahjsr
2012-06-29, 12:23 AM
there are many things requisites to become a successful trader. but in general we can say that if we become more sincere about the market we must be successful in trading.
fxguru007
2012-06-29, 12:45 AM
The main requisites to become a successful trader are------------1. good money management
2. trend trading
3. risk management
4. good broker with fast server speed
5. good investment
6. established indicators
7. profitable trading policy
8. risk management
9. always use stop loss and take profit.
ahmed awad
2012-06-29, 01:13 AM
learning and gaining knowledge as we can in order to have the right to catch the profit and need to respect trading rules and we need to have develop a good strategy in which that we trust and sure of its results, then we should discipline ourselves overcome our emotions.
shamtek
2012-06-29, 08:56 AM
I always hope there are many successful traders of course, with many successful traders will make the forex market is like a real market is certainly a lot of emerging broker broker in charge and this will be very crowded
I think you wrote just too much.. All you need to be a good trader is to give your quality time in learning how it all works and the things that moves the currency pairs
amirepst
2012-06-29, 09:07 AM
I think that learning and training are the most important requisites to become successful in trading ,Also we must get some experience about the market analysis....
galaxy
2012-06-29, 09:11 AM
i think..i big line onli have 3 thing to become success in forex trading...
1. money management
2. psiclogy trading and
3. trading strategy..
if u already have good about 3 thing above..u can get profit in forex trading
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