Become a Successful Forex Trader.

[pphashif]

Most people’s experience in the Forex Market is relatively short and in no way profitable. They hear about the currency market and think it is an easy way to make a lot of money in a very short space of time. Now, I am not saying this can’t be done, because for some this is true, but for the majority it’s certainly not the case. Let me explain in more detail …


In the early stages of most FX trader’s careers, the first forex trading decisions generally come from tips and recommendations from brokers, alert services, forum threads or sometimes even mutual novice trading friends. Then, at some point, traders decide to study the market and attempt to find the perfect system or method to trade with. I am sure you can relate to the following statement; for many traders, the Forex market and it’s nuances truly become an obsession that takes up countless hours of searching on the internet and books, forums and DVD’s , in the hope to find the holy grail Forex trading system, which they eventually find out, simply does not exist.


Traders develop or buy a system and start trading way to soon. Sometimes it is profitable, but when it has a few losing trades (which is normal), they change the system, read a new trading book, etc. or go back to looking for tips and advice, back to the forums, back to Google, searching for more information. After some time, and after more losses and frustration, most give up and stop trading altogether. Or, they go on the analyzing merry-go-round, keep paper trading and never get any financial success from their trading; this is the case for 90% of newbie and intermediate traders.


A few realize that the trading method they are using is not the actual problem and the most important ingredient in their trading is actually themselves. In addition, they soon realize that a sound set of trading rules is essential to trading profitably. But if the rules are not followed, they are of no value, and an average trader will have difficulty making a profit with a good trading system. Ironically, a good trader who has skill and a good mind can make a profit with even an average system. Put simply, even with a perfect system, the human mind can stop it from making money!


Statistics from surveys of US traders indicate that once a trading methodology is developed by a Forex trader, then 80% of the effort in trading is actually trading skills (that includes things like Forex trading psychology and Forex money management).


When the trading system is developed and trading skills are learned, a person starts finally trading properly. Most traders encounter a setback at some stage; either the market conditions change or they don’t follow their rules. However, if good money management is followed, this is not a serious problem. Often, even after winning for several months, after a small set back, many great traders stop trading to evaluate what has happened. This is often a mistake, and is again, the ever-present emotional element which plays in the back of our minds every day we trade. It’s a mistake to interfere with the consistent day to day trading routine, even in the face of losses, the trader has to press on and believe in what they are doing.


Here some common traps that traders fall into, this is where the real decision about the trader’s future is made:

1. They stop trading all together
2. They find a new system, read a new book, and do another course. This can go on forever and successful trading will never happen.

Or

They can evaluate what really happened. Mostly it will be that market conditions had changed or they didn’t follow their rules.

The forex traders who go on to achieve greatness:-


(a) Monitor the markets and start trading again but trade small amounts and don’t force trades, they then resume trading normally once they get back on track.

(b) Wait for market conditions that suit their trading style.

This is an important process to go through. Most traders go through this experience 2 or 3 times before they develop the skills to achieve their trading objectives.


Trading success is a result of consistency, discipline and patience and most importantly self belief… When you have a forex trading plan that involves clean price action strategies, and that is built on practical workable parameters and it suits your personal and financial requirements, and you stick to it, then your Forex trading will become more enjoyable and more profitable.


:):):):yahoo:

[abcforex]

When you want to success in the forex trading then it is necessary to set your strategy and must run according to them, well known about forex trading, to knows about the trends of market , uses of signals and indicators then you are successful trader in forex trading.

[prem]

to become a successful trader you should follow these points 1.first do analysis in your favorite currency pairs 2.develop strategic plans 3.develop money management and risk management plans 4.careful in entering lot sizes 5.don't wait long time for getting huge profit 6.use take profit and stop loss for each orders.

[cumil]

every body wants a success in this business because we see money is quickly running and flowing infront of our eyes but it is not necessary that we can be successful so increasing the analysis of the market will increase the rate of success.

some of the capabilities that we must have to be successful in this business, that are:

- we must Have and can be control of capital and risk management be accurately

- Ability to manage emotions so that a trader far from being greedy, avaricious, fearful, or hesitant

- Good habits: make trading plan that's right, not speculative also not spontaneity.

- Do not forget: patience and discipline.

[realfun07]

To become a successful trader it takes a lot of time and efforts for a trader and also a lot of discipline and patience.A trader should be positive , confident and disciplined and should work hard to achieve success in these markets.

[irzan]

recently the Forex has become popular because anyone in the world can easily become a trader, but to succeed in this market you must have an amount of money you can lose and also a strategy, as you know normally most of the trader loses their money.
to become a good trader you must have a good personality and take good decisions

[kulonikilaregunung]

i agree with you my friend that if you have some good money then you can trade well other wise it is difficult to trade with small amount because there are many times when you want to get the good profit but you account balance will not permit you.

I only have a small trading capital. I will use compounding strategy. I give priority to manage the risk. I learned on this forum, and download some ebook, then I was practicing on a demo account. I think discipline is the key to successful forex trading, so we have to discipline the rule

[muhammadatif]

Ager aap successful forex trader banna chahty hain to aap ko chahiy pehly aap demo trading account per achi tarha practice Karin or apni trading skill ko buildup Karin jab aap ko full confidence ho jay keh aap real trading kar sakty hain then aap real trading account hasil Karin.

[venkiaries61]

Everyone has the potential to learn to trade Forex quickly, learning a method that can make money easily and if you adopt a disciplined attitude, your ready to enjoy a three-digit income in about 30 minutes per day.

Goood Luck and Have a Nice Day

But what, this learning process should take at least 2-5 years and also to get 3 digit income. Forex is no so easy, so earning from Forex is no so quick too. If we you want to become a successful trader, then you first invest your time in learning to get some experience. Let us discuss.

[hindlekar]

Without strategy its like a warrior or soldier in a war without any weapons. If he enters any battle without any weapon then how he can fight in that battle. Similarly a strategy in forex trading is like a weapon for a trader to enter the market and win his trades.

[hindlekar]

sirf or sirf sachi lagan say kee hue mehnat say hi aik banda successful trader ban sakta hay. agar koi forex trading ko serious nae layta to wo kabhi bhi acha trader nae ban sakta. consistency say kaaam kernay say achi trading ki jaa sakti hay.

[hindlekar]

But confidence and braveness comes only with the increase of knowledge, it at certain position, you don't know what to do, whether sell or buy, your confident not just help you to trade anything.

[ashwini]

a successful trader always update himself.. may be its his stratagy, indicators, advance indicators. ebooks, or news..more important things is they control their emotion.. they have the patience, they trade for long term..use money mangemnt.. and they are constantly overall gaining profit every month

[dog]

for every successful trading a trader has to follow these:1.emotion control
2.proper planning
3.good entry and good exit points
4.fundamental and technical analysis
5.proper usage of stop loss and take profit points

[ronald]

a successful trader always update himself.. may be its his stratagy, indicators, advance indicators. ebooks, or news..more important things is they control their emotion.. they have the patience, they trade for long term..use money mangemnt.. and they are constantly overall gaining profit every month

That's right. There is no one who can become successful traders in short time. Successful traders will
through the process and they must update system, strategy and always learning because forex is always
developing. If you're not always learning then you couldn't survive well in forex trading. Successful is
not result but it's process which you will reach after you are consistent in forex.

[Gunung]

That's right. There is no one who can become successful traders in short time. Successful traders will
through the process and they must update system, strategy and always learning because forex is always
developing. If you're not always learning then you couldn't survive well in forex trading. Successful is
not result but it's process which you will reach after you are consistent in forex.

totally agree, is to become a successful trader should really learn seriously.
because in the forex world nothing is instant, must keep learning and keep the spirit :good:

[pooja]

irf or sirf sachi lagan say kee hue mehnat say hi aik banda successful trader ban sakta hay. agar koi forex trading ko serious nae layta to wo kabhi bhi acha trader nae ban sakta. consistency say kaaam kernay say achi trading ki jaa sakti hay.

[pooja]

But confidence and braveness comes only with the increase of knowledge, it at certain position, you don't know what to do, whether sell or buy, your confident not just help you to trade anything.

[pooja]

Quick learning of the forex trading through an adopted trading system is good but sometimes it might have a bad effect on a newbie if faced a big loss. It is better to trade demo for up to 3 months even if you are making consistent profits on it. After demo then you should try for small profits on a live account before depositing more money. It will help this way to build your trading confidence such that a bad loss will not affect you any more.

[arihant]

If you really want to become a successful forex trader then you have to do struggle for learning forex very carefully and after you get good experience in forex trading then you can take correct decision in forex trading which result in good amount of profit . Here you can earn a large amount of money as compare to other . So for becoming successful forex trader grab experience and strategy as much as you can , it will help you a lot.

[shinde]

To becoming a successful forex trader is not that much easy . It takes a quit long time . We have to do a lots of struggle for grabbing the best ideas and knowledge about forex trading , which is not easy we also have to suffer a loss for it . But after that we can able to make a large amount of profit which takes a really less time , and after being a successful trader you can invest large capital from it we can make a huge amount of profit.

[dog]

to become a successful forex trader one needs to follow a lot of things.you have to control your emotions while trading.emotion control plays a vital role in forex trading.if you are not able control your emotions you will get loss.be careful about this

[HakunaRilious]

totally agree, is to become a successful trader should really learn seriously.
because in the forex world nothing is instant, must keep learning and keep the spirit :good:

Yes,they need to get an attitude straight up and they must know its not instant to jump into forex because it takes time and commitment to learn forex.

[anton]

Hello,
To become a successful Forex trader to obtain vast of Forex knowledge, market analysis, money management & waiting capability.

therefore we must always learn about forex, forex because there are many ways in which we need to know, we need to know the character of the pair, news, time zone, and also a system of indicators that we use


At this early stage is the introduction of forex business, followed by the introduction of the market. Then we come to the session trading practices, and test different strategies that we have. The lesson is more difficult is how to make decisions with common sense. Thus, a trader that takes quite a long process and not instant.

I agree with you, need to master the forex properly, there is no instant success, therefore we must learn well in order to get a consistent profit

[dmambi]

To become a successful trader we all need to do lot of work. First of all we should learn the Forex market deeply and keep learning till we are doing trading. Next always trading should be done according to money management else we will loose the amount in our account.

[selagalas]

To become a successful trader we all need to do lot of work. First of all we should learn the Forex market deeply and keep learning till we are doing trading. Next always trading should be done according to money management else we will loose the amount in our account.

At this early stage is the introduction of forex business, followed by the introduction of the market. Then we come to the session trading practices, and test different strategies that we have. The lesson is more difficult is how to make decisions with common sense. Thus, a trader that takes quite a long process and not instant.

[romon]

before start a real trading everyone should practice on demo account. by demo practice you will know how to control emotion during trading. How to analysis. for make a profit in forex you have to own strategy

[taqiniazi]

According to me to become a best and successful trader you have full knowledge of trading pairs . you also got the full market review of the pair that would be on trade and you have very strong analytical skills and good sense to create powerful strategies.

[Current]

To become a successful trader we all need to do lot of work. First of all we should learn the Forex market deeply and keep learning till we are doing trading. Next always trading should be done according to money management else we will loose the amount in our account.

must continue to learn to be successful in forex, as forex is not a game, a game with a forex difference is if we play the game and level up the game it will be increasingly difficult, while in the forex when we increase the level of trade will be easier :happy:

[happiness]

must continue to learn to be successful in forex, as forex is not a game, a game with a forex difference is if we play the game and level up the game it will be increasingly difficult, while in the forex when we increase the level of trade will be easier :happy:
There is a game named mind games.
fighters are you VS greed and fear,and other negative habbits.
so its will shown in many situation when you trades,you must take care about this

[azharfx]

dear agar ap kuch cheazo ko zehan me rak kar trading karo to ap successful trader ban sakty ho
1.Choose low lot size
2.Trade with out Greed
3.Control Emotions
4.Give a proper time to forex
aur agar ap newbie he to ap ko kisi expert trader ki trading ko follow karna chaye aur us se seekna chaye

[anangok]

to be a successful trader, you should be able to follow the market because we can not control the market. so that must be done to understand the characteristics of the market with your analysis is also the indicator that you have. and we also have to be disciplined, consistent and good money management to produce the maximum profit.

[fxquest]

trading may aa jana to asaan hay laykin iss may say kamana bohot mushkil hay. sirf wo hi jald kama saktay hain jo kisi achay professional trader say trading seekh saktay hain, un ko trading may kamiyaabi bhi jaldi mil jaati hay bajaey on kay jo khud hi try ker ker kay trading seekhtay hain.

Theek hai ki achche traders se mila gyan trading me help karega lekin khud ki practice aur efforts ko kam nahi anka ja sakta, aap apna mind aur logic kitna apply karte hai trade open karne me iska kafi asar hota hai apke trades par.

[TrojanFX]

You must ask yourself if you want to be a professional trader, or maybe forex trading is just a part-time job which could give you some small lucky profit. we will not be able to make everything according to our wishes and we just follow the price move. We must get lesson should always be dynamic, and it's never stop learning even if you're able to generate profit

The psychology of trading is an important but often misunderstood aspect of trading, hence traders lose on that account. A good trading psychology is the bedrock of successful trading as far as I know.

[niteshforex]

Quick learning of the forex trading through an adopted trading system is good but sometimes it might have a bad effect on a newbie if faced a big loss. It is better to trade demo for up to 3 months even if you are making consistent profits on it. After demo then you should try for small profits on a live account before depositing more money. It will help this way to build your trading confidence such that a bad loss will not affect you any more.

[himel]

Before open a trading you should analysis the market trend and trade on the basis of technical analysis and fundamental analysis. forex is not only place of trading but also learning how you will manage your money. thank you.

[maryosa]

Become successful trader is not hard if can focus on the plan of trading for profit. If not focus on plan, the trader not discipline and loss will come. It is good to avoid loss by learning new strategy in forex trading everytime. This is way to become successful.

[TrojanFX]

Before open a trading you should analysis the market trend and trade on the basis of technical analysis and fundamental analysis. forex is not only place of trading but also learning how you will manage your money. thank you.

I agree. Forex market analysis is the foundation of successful trading. A good and quality analysis will easily turn into profits for the trader, that is why every trader should trade daily in order to improve their ability to analyze the market.

[oscar]

Become successful trader is not hard if can focus on the plan of trading for profit. If not focus on plan, the trader not discipline and loss will come. It is good to avoid loss by learning new strategy in forex trading everytime. This is way to become successful.

takes experience and a long learning process to be able to focus on applying a disciplined trading plan ..
many traders who make a good trading plan, but they always break because of a desire to earn lots of money in short time

[ishvara]

every body wants a success in this business because we see money is quickly running and flowing infront of our eyes but it is not necessary that we can be successful so increasing the analysis of the market will increase the rate of success.

We can never be successful in forex currency trading in a short while, it is a business that we can see a lot of money flowing in front of us and we will never catch it easily. Hard work and investing our time is what would lead us to success in forex.

[TrojanFX]

Everyone has the potential to learn to trade Forex quickly it is not necessary that we can be successful so increasing the analysis of the market will increase the rate of success. consistency and discipline is a big capital to trading success. But, of course not easy to implement.

Yeah , you are right . All business also require us have to do discipline trader and hardworking to achieve success, and forex trading is not a exception . Forex requires us must have great effort to learn and continue to practice so that we can achieve success .

[rahibul]

To be a successful trader Forex, you must first learn how to trade the market works. Since this is a volatile market, you should make sure that you act not afraid of the danger before. Moreover, if the market works on a set of rules that you must learn before the start of trading.

[atif58]

Success in Forex needs consistency , patience and deep knowledge and understanding of market. In the start if a trader is losing then it starts hating Forex because he was relying only on one technique and do not know the other factors of loss. But if hi try to understand his mistake and again jump in to the market and trade consistently then one day he will make profit consistently.

[playfx]

Success in Forex needs consistency , patience and deep knowledge and understanding of market. In the start if a trader is losing then it starts hating Forex because he was relying only on one technique and do not know the other factors of loss. But if hi try to understand his mistake and again jump in to the market and trade consistently then one day he will make profit consistently.

yup, the points are, we need process to realize our dreams, including to become a successful trader. And this process surely need times, it could be long or even short, all depend on our commitment to do it. One thing for sure is, you can't get success in instant. not in the forex.

[TrojanFX]

Success in forex is not a big deal. Forex is all about trading and marketing, before doing anything just read the rules as before that u can't earn so easily. Patience is must in forex. having a good knowledge about trading and the market flow can help you to become a successful trader. but still there are some successfull traders who fails to gain profit. :)

True.. They are no instant ways to get success. We need to do it step by step. Sometime we got loss and in other time we got profit. This will give us valuable experience if we can take our loss. Always stick in our money and risk management will help us trade safety.

[KD1986]

True.. They are no instant ways to get success. We need to do it step by step. Sometime we got loss and in other time we got profit. This will give us valuable experience if we can take our loss. Always stick in our money and risk management will help us trade safety.
Why we get loss if we following steps by steps of our rules and still we are facing loss sometimes. Don't you think we are doing something wrong following steps which give loss.sometimes. I agree that loss is part of forex, but why we have to face loss if everything is plan...?
We have to think a out it and its main part to known because we have to become the succesful traders.

[Laknath]

It is not essay to become a successful person in forex.You have to wait months sometimes it will take years .use your analytically skills , follow web sites related to the market trend such as forex signal,forex factory ect.

[jhon]

learning to trade forex is not an easy tasks as it requires full dedication and constant practises. the very best person you can rely on is yourself and always believe that you can make it.

[raka999]

to become a successful trader must pass through various obstacles. need a long time and experience to be a successful trader. we must always be patient, not emotional and not greedy. If we can combine a good strategy to psychology, would be successful in forex.

[Abdomhadi]

this is my dream to come to this state because becoming a trader and success is not something easy but it is a body of knowledge and methods that you can not collect them at will without being a monk years experiance, but there are others who happen to carry it all in a short p�riod.or it was just be very inteligent with the merchant and the trader ave to get the most information possible.

[rosalia]

If you want to become good successful forex trader so you must be able to control your emotion and also you should
prepare good analysis and good money management in each transaction. To realize that, a lot of practices must be
done because practice will make perfect.

[TrojanFX]

If I think to be a good trader you must learn a lot and practicing on a demo account, so we'll get a lot of knowledge. Demo account is very important for us to learn and use as a medium for us to test a strategy that we will use. We also must learn from the experiences of others as well.

[rajesh]

But confidence and braveness comes only with the increase of knowledge, it at certain position, you don't know what to do, whether sell or buy, your confident not just help you to trade anything.

[rajesh]

sirf or sirf sachi lagan say kee hue mehnat say hi aik banda successful trader ban sakta hay. agar koi forex trading ko serious nae layta to wo kabhi bhi acha trader nae ban sakta. consistency say kaaam kernay say achi trading ki jaa sakti

[chetan]

trading may aa jana to asaan hay laykin iss may say kamana bohot mushkil hay. sirf wo hi jald kama saktay hain jo kisi achay professional trader say trading seekh saktay hain, un ko trading may kamiyaabi bhi jaldi mil jaati hay bajaey on kay jo khud hi try ker ker kay trading seekhtay hain.

[rajesh]

Without strategy its like a warrior or soldier in a war without any weapons. If he enters any battle without any weapon then how he can fight in that battle. Similarly a strategy in forex trading is like a weapon for a trader to enter the market and win his trades.

[xiaotanghao]

In my opinion,to become a successful trader,you should have the Qualities below:
1. Wonderful trading skills.
2.Money Management.
3.A better ability in controling emotions.

[sachin]

Give lot of time to forex and see every ups and down in forex so that if you see any good opportunity then you should enter in the market and do the well trades. you will be successful trader.

[rajesh]

knowledge is the crucial thing for the traders to enhance the good capabilites in forex and if any trader will do some excellent practice for his tradings then he will get excellent money from the forex.

[tajdarbet]

Most people’s experience in the Forex Market is relatively short and in no way profitable. They hear about the currency market and think it is an easy way to make a lot of money in a very short space of time. Now, I am not saying this can’t be done, because for some this is true, but for the majority it’s certainly not the case. Let me explain in more detail …
In the early stages of most FX trader’s careers, the first forex trading decisions generally come from tips and recommendations from brokers, alert services, forum threads or sometimes even mutual novice trading friends. Then, at some point, traders decide to study the market and attempt to find the perfect system or method to trade with. I am sure you can relate to the following statement; for many traders, the Forex market and it’s nuances truly become an obsession that takes up countless hours of searching on the internet and books, forums and DVD’s , in the hope to find the holy grail Forex trading system, which they eventually find out, simply does not exist.
Traders develop or buy a system and start trading way to soon. Sometimes it is profitable, but when it has a few losing trades (which is normal), they change the system, read a new trading book, etc. or go back to looking for tips and advice, back to the forums, back to Google, searching for more information. After some time, and after more losses and frustration, most give up and stop trading altogether. Or, they go on the analyzing merry-go-round, keep paper trading and never get any financial success from their trading; this is the case for 90% of newbie and intermediate traders.
A few realize that the trading method they are using is not the actual problem and the most important ingredient in their trading is actually themselves. In addition, they soon realize that a sound set of trading rules is essential to trading profitably. But if the rules are not followed, they are of no value, and an average trader will have difficulty making a profit with a good trading system. Ironically, a good trader who has skill and a good mind can make a profit with even an average system. Put simply, even with a perfect system, the human mind can stop it from making money!
Statistics from surveys of US traders indicate that once a trading methodology is developed by a Forex trader, then 80% of the effort in trading is actually trading skills (that includes things like Forex trading psychology and Forex money management).
When the trading system is developed and trading skills are learned, a person starts finally trading properly. Most traders encounter a setback at some stage; either the market conditions change or they don’t follow their rules. However, if good money management is followed, this is not a serious problem. Often, even after winning for several months, after a small set back, many great traders stop trading to evaluate what has happened. This is often a mistake, and is again, the ever-present emotional element which plays in the back of our minds every day we trade. It’s a mistake to interfere with the consistent day to day trading routine, even in the face of losses, the trader has to press on and believe in what they are doing.
Here some common traps that traders fall into, this is where the real decision about the trader’s future is made:
1. They stop trading all together
2. They find a new system, read a new book, and do another course. This can go on forever and successful trading will never happen.
Or
3. They evaluate what really happened. Mostly it will be that market conditions had changed or they didn’t follow their rules.
The the forex traders who go on to achieve greatness:
(a) Monitor the markets and start trading again but trade small amounts and don’t force trades, they then resume trading normally once they get back on track.
(b) Wait for market conditions that suit their trading style.
This is an important process to go through. Most traders go through this experience 2 or 3 times before they develop the skills to achieve their trading objectives.
Trading success is a result of consistency, discipline and patience and most importantly self belief… When you have a forex trading plan that involves clean price action strategies, and that is built on practical workable parameters and it suits your personal and financial requirements, and you stick to it, then your Forex trading will become more enjoyable and more profitable.

:):):):yahoo:
hmmm thank you app ne jo information ham se share ki ha main to es ko read kar k kafi khush howa haoun par app ko pata ha k yahan par her koi kamyab forex trader banana chata ha par khud es k liye mehnat nahi karta ha ager woh forex ka knowledge sahi taran se hasil karey to main kahoun ga k woh sahi manaoun main kamyab trader ban jaye ga

[sayem]

I think become a successful Forex trader you should enough knowledge of Forex market, experience and business skill also. trade risk free or low leverage and trade 5% highest for any trading.

[fanesa G]

I think become a successful Forex trader you should enough knowledge of Forex market, experience and business skill also. trade risk free or low leverage and trade 5% highest for any trading.

Not and easy thing to become a succesfull trader, a lot of thing we must sacrife including time, money and our energy. May be from beginner trader until he can mastering forex trader he need more than 7 years on study and practicing forex market.

[s.akhtar]

Not and easy thing to become a succesfull trader, a lot of thing we must sacrife including time, money and our energy. May be from beginner trader until he can mastering forex trader he need more than 7 years on study and practicing forex market.
oh.... 7 years its too long for everyone how much time you have joined this market ?i have only 7 month+ , i think i have to need lot lots of time to spend here to learn forex trading and become a successful trader but i don't worry about this i am confident i will become a successful trader one day.

[adahidayat]

i totally aggree,i really dissapointed when greeds comes to me,its always reduce my profit or turns become loss
thats because i wanted more with unrealistic targets,thats i my biggest enemy. :(
greed is one of the most common reason of suffering losses...but greed can be controlled, if we just follow a strategy and also make a plan for controlling emotions and greed in our strategy...because no strategy can be successful, if we do not stress on controlling of over trading, greed and emotions...so we should keep these things in mind while making a strategy....

[AhmedHA]

the important thing in trading in forex is well-managed capital without this, you can't quickly earn money , I remember the first time I entered the world of forex I looked forward earning money by random ways without accurate analysis , in only 4 days I got the margin call ,and my account became ZERO I learned from my mistakes and I began using discipline and patience and then gradually I earned more and more money..

[TrojanFX]

Every trader want to be successful trader in Forex trade and i am also want to be successful trader in Forex trade. I always believe that If i can use good strategy and good knowledge in Forex trading than i will be success and earn good profit within short time and make me a good Forex trader for Forex trade.

[ratnakr]

Every trader want to be successful trader in Forex trade and i am also want to be successful trader in Forex trade. I always believe that If i can use good strategy and good knowledge in Forex trading than i will be success and earn good profit within short time and make me a good Forex trader for Forex trade.

I think, a good strategy and a long experience does not guarantee one's success in this business. This business is a business that requires us to have the mental steel. Eliminate all the elements of "greed and fear" As well, run the trading plan and money management, a discipline.

[patil]

Quick learning of the forex trading through an adopted trading system is good but sometimes it might have a bad effect on a newbie if faced a big loss. It is better to trade demo for up to 3 months even if you are making consistent profits on it. After demo then you should try for small profits on a live account before depositing more money. It will help this way to build your trading confidence such that a bad loss will not affect you any more.

[aryan]

to become succesful trader surely need lot of process and it's sometime very time consumed. Patience, commitment, discipline and passion is the things we should practice to maintain our trading quality. if one of that quality become lesser, it will influence all of it. i know it sound easy to speak, cause i'm also still learning to control it but what i'm try to say her that behind every success story lies hradworking process.

[TrojanFX]

ALways evaluate your strategy and don't stop learning and remove you drawbacks can make you succes trader untill you become perfect ;but after success in forex you must evaluate you losed trade so in this way you can contineously improve your trading strategy.

[yogesh]

Hmm forex is so deep like ocean and so a forex trader always keep on learning new things here. Apart from putting efforts in trading and anlaysis we should stick to a well tested strategy and follow the forex trading rules established by forex gurus.

[Abdo22]

I believe that without the strategy we are as a soldier in a war without weapons. If he enters a battle without a weapon so how he can fight in this battle. Likewise, a forex trading strategy is as a weapon to an operator who can enter the market and earn their business and have more succed.

[aryan]

some of the capabilities that we must have to be successful in this business, that are:

- we must Have and can be control of capital and risk management be accurately

- Ability to manage emotions so that a trader far from being greedy, avaricious, fearful, or hesitant

- Good habits: make trading plan that's right, not speculative also not spontaneity.

- Do not forget: patience and discipline.

[rakesh]

For every traders to become as successful trader then he/she must have proper knowledge of forex and must have proper money management then he/she will easily make profits.

[anchitkole]

I agree. Forex market analysis is the foundation of successful trading. A good and quality analysis will easily turn into profits for the trader, that is why every trader should trade daily in order to improve their ability to analyze the market.

[anchitkole]

Yeah , you are right . All business also require us have to do discipline trader and hardworking to achieve success, and forex trading is not a exception . Forex requires us must have great effort to learn and continue to practice so that we can achieve success .

[anchitkole]

True.. They are no instant ways to get success. We need to do it step by step. Sometime we got loss and in other time we got profit. This will give us valuable experience if we can take our loss. Always stick in our money and risk management will help us trade safety.

[anchitkole]

If I think to be a good trader you must learn a lot and practicing on a demo account, so we'll get a lot of knowledge. Demo account is very important for us to learn and use as a medium for us to test a strategy that we will use. We also must learn from the experiences of others as well.

[maryosa]

True.. They are no instant ways to get success. We need to do it step by step. Sometime we got loss and in other time we got profit. This will give us valuable experience if we can take our loss. Always stick in our money and risk management will help us trade safety.

Yes, we get profit sometime and sometime loss but a good trader is trader that able to make more profit than loss, and always stay above breakveven. When trader withdraw profit constantly then is able to have more confident in strategy and take more position but with less risk.

[kameeelforex]

Most people’s experience in the Forex Market is relatively short and in no way profitable. They hear about the currency market and think it is an easy way to make a lot of money in a very short space of time. Now, I am not saying this can’t be done, because for some this is true, but for the majority it’s certainly not the case. Let me explain in more detail …
In the early stages of most FX trader’s careers, the first forex trading decisions generally come from tips and recommendations from brokers, alert services, forum threads or sometimes even mutual novice trading friends. Then, at some point, traders decide to study the market and attempt to find the perfect system or method to trade with. I am sure you can relate to the following statement; for many traders, the Forex market and it’s nuances truly become an obsession that takes up countless hours of searching on the internet and books, forums and DVD’s , in the hope to find the holy grail Forex trading system, which they eventually find out, simply does not exist.
Traders develop or buy a system and start trading way to soon. Sometimes it is profitable, but when it has a few losing trades (which is normal), they change the system, read a new trading book, etc. or go back to looking for tips and advice, back to the forums, back to Google, searching for more information. After some time, and after more losses and frustration, most give up and stop trading altogether. Or, they go on the analyzing merry-go-round, keep paper trading and never get any financial success from their trading; this is the case for 90% of newbie and intermediate traders.
A few realize that the trading method they are using is not the actual problem and the most important ingredient in their trading is actually themselves. In addition, they soon realize that a sound set of trading rules is essential to trading profitably. But if the rules are not followed, they are of no value, and an average trader will have difficulty making a profit with a good trading system. Ironically, a good trader who has skill and a good mind can make a profit with even an average system. Put simply, even with a perfect system, the human mind can stop it from making money!
Statistics from surveys of US traders indicate that once a trading methodology is developed by a Forex trader, then 80% of the effort in trading is actually trading skills (that includes things like Forex trading psychology and Forex money management).
When the trading system is developed and trading skills are learned, a person starts finally trading properly. Most traders encounter a setback at some stage; either the market conditions change or they don’t follow their rules. However, if good money management is followed, this is not a serious problem. Often, even after winning for several months, after a small set back, many great traders stop trading to evaluate what has happened. This is often a mistake, and is again, the ever-present emotional element which plays in the back of our minds every day we trade. It’s a mistake to interfere with the consistent day to day trading routine, even in the face of losses, the trader has to press on and believe in what they are doing.
Here some common traps that traders fall into, this is where the real decision about the trader’s future is made:
1. They stop trading all together
2. They find a new system, read a new book, and do another course. This can go on forever and successful trading will never happen.
Or
3. They evaluate what really happened. Mostly it will be that market conditions had changed or they didn’t follow their rules.
The the forex traders who go on to achieve greatness:
(a) Monitor the markets and start trading again but trade small amounts and don’t force trades, they then resume trading normally once they get back on track.
(b) Wait for market conditions that suit their trading style.
This is an important process to go through. Most traders go through this experience 2 or 3 times before they develop the skills to achieve their trading objectives.
Trading success is a result of consistency, discipline and patience and most importantly self belief… When you have a forex trading plan that involves clean price action strategies, and that is built on practical workable parameters and it suits your personal and financial requirements, and you stick to it, then your Forex trading will become more enjoyable and more profitable.

:):):):yahoo:

thank you dear app ne wai he kafi mehnat ki ha es post ko app ne ham se share kar k hamre knowledge main kafi izafa kiya ha es main app ne kafi informative materil ham se share kiya ha app ka bahot baoht he shukriya main es ko read kar k apne knowledge main kafi izafa fel kar raha houn

[mahmodeid]

if you want to success in the forex trading you should set your strategy ..... and of course every one wants to success in this business .... and also you should develop money management and risk management plans .............

[barkiman]

So many ways are there to become successful in anything you do, but one of the most effective methods is folowing the behaviors of someone that is successful in your field. So in order to succeed in forex trading you should follow other successful traders.
but, in forex trading can not be like that. successful experience in one person, not necessarily correspond with others. we might be able to learn the strategies used by expert traders, but their use can not be exactly the same. remember, there are psychological factors in forex trading.

[kazol76]

If I think to be a good trader you must learn a lot and practicing on a demo account, so we'll get a lot of knowledge. Demo account is very important for us to learn and use as a medium for us to test a strategy that we will use. We also must learn from the experiences of others as well.

Yes demo is a perfect platform for testing our style and also achieving good knowledge about this business, no body here with high experience when he is new in this platform so I think Forex is the only market provide us such a good platform to practice in demo, this platform can make us more confident and analytic to make a good deal. Thanks

[annasawan]

as all of are saying that become a successful trader first of all every one have to learn forex then practice with demo account and follow the rules you have made for your trading strategy, follow that rules strictly then you can become a successful trader

[waqtitrader]

Most people’s experience in the Forex Market is relatively short and in no way profitable. They hear about the currency market and think it is an easy way to make a lot of money in a very short space of time. Now, I am not saying this can’t be done, because for some this is true, but for the majority it’s certainly not the case. Let me explain in more detail …
In the early stages of most FX trader’s careers, the first forex trading decisions generally come from tips and recommendations from brokers, alert services, forum threads or sometimes even mutual novice trading friends. Then, at some point, traders decide to study the market and attempt to find the perfect system or method to trade with. I am sure you can relate to the following statement; for many traders, the Forex market and it’s nuances truly become an obsession that takes up countless hours of searching on the internet and books, forums and DVD’s , in the hope to find the holy grail Forex trading system, which they eventually find out, simply does not exist.
Traders develop or buy a system and start trading way to soon. Sometimes it is profitable, but when it has a few losing trades (which is normal), they change the system, read a new trading book, etc. or go back to looking for tips and advice, back to the forums, back to Google, searching for more information. After some time, and after more losses and frustration, most give up and stop trading altogether. Or, they go on the analyzing merry-go-round, keep paper trading and never get any financial success from their trading; this is the case for 90% of newbie and intermediate traders.
A few realize that the trading method they are using is not the actual problem and the most important ingredient in their trading is actually themselves. In addition, they soon realize that a sound set of trading rules is essential to trading profitably. But if the rules are not followed, they are of no value, and an average trader will have difficulty making a profit with a good trading system. Ironically, a good trader who has skill and a good mind can make a profit with even an average system. Put simply, even with a perfect system, the human mind can stop it from making money!
Statistics from surveys of US traders indicate that once a trading methodology is developed by a Forex trader, then 80% of the effort in trading is actually trading skills (that includes things like Forex trading psychology and Forex money management).
When the trading system is developed and trading skills are learned, a person starts finally trading properly. Most traders encounter a setback at some stage; either the market conditions change or they don’t follow their rules. However, if good money management is followed, this is not a serious problem. Often, even after winning for several months, after a small set back, many great traders stop trading to evaluate what has happened. This is often a mistake, and is again, the ever-present emotional element which plays in the back of our minds every day we trade. It’s a mistake to interfere with the consistent day to day trading routine, even in the face of losses, the trader has to press on and believe in what they are doing.
Here some common traps that traders fall into, this is where the real decision about the trader’s future is made:
1. They stop trading all together
2. They find a new system, read a new book, and do another course. This can go on forever and successful trading will never happen.
Or
3. They evaluate what really happened. Mostly it will be that market conditions had changed or they didn’t follow their rules.
The the forex traders who go on to achieve greatness:
(a) Monitor the markets and start trading again but trade small amounts and don’t force trades, they then resume trading normally once they get back on track.
(b) Wait for market conditions that suit their trading style.
This is an important process to go through. Most traders go through this experience 2 or 3 times before they develop the skills to achieve their trading objectives.
Trading success is a result of consistency, discipline and patience and most importantly self belief… When you have a forex trading plan that involves clean price action strategies, and that is built on practical workable parameters and it suits your personal and financial requirements, and you stick to it, then your Forex trading will become more enjoyable and more profitable.

:):):):yahoo:
thank you my dear app ne to waqai he kai achi post ham se shre ki ha es main kafi ziyada knowledge ha hamrey liye kioun k main bhi es ko read kar k kafi khush howa houn or main soch raha houn k es jesi post main roz read karta raha na to mugh kafi faida ho ga or mere knowledge main kafi izafa ho ga or main kafi profit kama sakhoun ga

[joko]

Yes demo is a perfect platform for testing our style and also achieving good knowledge about this business, no body here with high experience when he is new in this platform so I think Forex is the only market provide us such a good platform to practice in demo, this platform can make us more confident and analytic to make a good deal. Thanks

Good trader should learn a lot in demo account because we could practice to trade as our trading plan in demo account
and we could find out many good conditions to trade. If someone want to become successful traders, so they must do
a lot of practices and demo account is good place to do that.

[iwan]

by not leaving the basic procedures to start the foundation when it decided to go in this business, and based on our experiences in the past, certainly can be used as capital to achieve success in the future. all necessary process, not be achieved instantly.

[amit]

Theek hai ki achche traders se mila gyan trading me help karega lekin khud ki practice aur efforts ko kam nahi anka ja sakta, aap apna mind aur logic kitna apply karte hai trade open karne me iska kafi asar hota hai apke trades par.

[anchitkole]

to become a successful trader must pass through various obstacles. need a long time and experience to be a successful trader. we must always be patient, not emotional and not greedy. If we can combine a good strategy to psychology, would be successful in forex.

[mita]

Ager aap successful forex trader banna chahty hain to aap ko chahiy pehly aap demo trading account per achi tarha practice Karin or apni trading skill ko buildup Karin jab aap ko full confidence ho jay keh aap real trading kar sakty hain then aap real trading account hasil Karin

[gava]

aik successful trader bannay kay liay ham ko pehlay demo trading may expertization kerni paraygi. jab hum demo account may achi tarah trading ker lia karaingay tab hum real account may achi performance show ker saktay hain.

[trader_jambi]

in forex no one can in an instant to successful trading. required power of mind, money and unyielding spirit to be successful in forex. in my opinion, success in forex is a matter of time, who survive and never give up in pursuit of the dream will surely succeed. because sooner or later bound to find the style of trading. it from me.

[hamouni]

When you want to success in the forex trading then it is necessary to set your strategy and must run according to them, well known about forex trading, to knows about the trends of market , uses of signals and indicators then you are successful trader in forex trading

[newentry]

with learn and practice more and more will make grow the ability and this is because of the experiences that the trader accept
so the reason why many expert get their success because of this,
for it, do not stop to learn and practice if want to become a good trader

[Sri Hartono]

so remember my history, I know forex from my friend who is a marketing company in one of the forex. with promises to offer that day we could profit even hundreds of millions, I finally joined. after joining a new I finally understood that what was promised by my friend is not easy to come by without us equip ourselves with knowledge of forex. fortunately I soon realized before suffering a major defeat. Now I dare to plunge into forex on the basis that I have learned and equip with the knowledge of the forex.

[dintera]

Traders who consistently win may have learned and retained the basics of trading at such a deep level that they can practically recite them in their sleep. These traders have stuck with a trading methodology long enough to make it work for them ** in terms of Profitability and Consistency.

Consistently Successful Traders Have 6 Things in Common mainly on proper trading plan, have a discipline to follow that trading plan, able to control their emotions, able to accept & limit their losses, have commitment and do not over-trade.

[zahidrock]

If you want to be a successful forex treader then you need to learn more about forex and need to made more practice. And You can easily select good strategy and good plan on learning and practice time which can help you for success in this business.

[Techno]

If you want to be a successful forex treader then you need to learn more about forex and need to made more practice. And You can easily select good strategy and good plan on learning and practice time which can help you for success in this business.

to become a successful trade, the trader must be able to survive in the face of failure. most traders who quit, because they can not afford to continue to accept failure. thus making them feel hopeless and withdrew from this business.

[sayem]

Become a successful trader you should follow the rules first and you must be enough knowledge about market and trade. you need more experiences to your trade and profit. you should be low risk against your capital. you should have a good plan and business strategy.

[mita]

to become a successful forex trader one needs to follow a lot of things.you have to control your emotions while trading.emotion control plays a vital role in forex trading.if you are not able control your emotions you will get loss.be careful about this

[gava]

for every successful trading a trader has to follow these:1.emotion control
2.proper planning
3.good entry and good exit points
4.fundamental and technical analysis
5.proper usage of stop loss and take profit points

[babu]

I believe that without the strategy we are as a soldier in a war without weapons. If he enters a battle without a weapon so how he can fight in this battle. Likewise, a forex trading strategy is as a weapon to an operator who can enter the market and earn their business and have more succed.

[naziafarhan]

When you want to success in the forex trading then it is necessary to set your strategy and must run according to them, well known about forex trading, to knows about the trends of market , uses of signals and indicators then you are successful trader in forex trading.
Yes I agree with you that we need some good strategy for being successful in trading. And then we need a good money management chart. I think these two elements are the best elements for trading in forex.

[atif58]

I believe that without the strategy we are as a soldier in a war without weapons. If he enters a battle without a weapon so how he can fight in this battle. Likewise, a forex trading strategy is as a weapon to an operator who can enter the market and earn their business and have more succed.
You gave very good example of trading strategy by comparing Forex with war and traders as soliders. You know the whole japanase stock market analysis techniques are based on this analogy. They think Forex is the art of war therefore many terminologies of there analysis are same as used in warfare.

[dadaa]

trading may aa jana to asaan hay laykin iss may say kamana bohot mushkil hay. sirf wo hi jald kama saktay hain jo kisi achay professional trader say trading seekh saktay hain, un ko trading may kamiyaabi bhi jaldi mil jaati hay bajaey on kay jo khud hi try ker ker kay trading seekhtay hain.

[Ramnit]

I have an experience spanning over 2 years and with lots of lessons form trading and some level of consistency I can be called successful trader after all my trades i made in history.

[Forexboy]

I have a comparison for this subject that I pence Without a strategy you're like a warrior or a soldier in a war without weapons. If he enters a battle without a weapon so how he can fight in this battle. Likewise, a forex trading strategy is as a weapon for an operator to enter the market and earn their business.

[Ford]

to become succesful in trade will entail laying down strategies and following the to the latter. avoid any felling of greed, fear and getting unnnecesarily emotional. this will mean yoy have a well laid down strategy and satsfaction

[Ford]

thats right, hard work and more knowledge about what forex is all about is of great importance. this helps traders to understand when to trade and how, in terms of cureencies pair to trade on

[Ford]

Apart from commitment and patience i think we also should we more dynamic, moving with market trends inorder to make profit. A good will capitalise on small opportunity to turn it into a better profit. Consistency pays

[scorpian7]

Everyone has the potential to learn to trade Forex quickly, learning a method that can make money easily and if you adopt a disciplined attitude, your ready to enjoy a three-digit income in about 30 minutes per day.

Goood Luck and Have a Nice Day ;)

Yes that is right but forex is not a science rather it is an art and it is not for every body . Every body can't master it . This business requires a suitable personality that is why not every body is a good trader after spending all their lives . So try to observe the personality of successful traders and try to adopt it . that is my view of getting success in trading.

[nitishdeb87]

Most people’s experience in the Forex Market is relatively short and in no way profitable. They hear about the currency market and think it is an easy way to make a lot of money in a very short space of time. Now, I am not saying this can’t be done, because for some this is true, but for the majority it’s certainly not the case. Let me explain in more detail …
In the early stages of most FX trader’s careers, the first forex trading decisions generally come from tips and recommendations from brokers, alert services, forum threads or sometimes even mutual novice trading friends. Then, at some point, traders decide to study the market and attempt to find the perfect system or method to trade with. I am sure you can relate to the following statement; for many traders, the Forex market and it’s nuances truly become an obsession that takes up countless hours of searching on the internet and books, forums and DVD’s , in the hope to find the holy grail Forex trading system, which they eventually find out, simply does not exist.
Traders develop or buy a system and start trading way to soon. Sometimes it is profitable, but when it has a few losing trades (which is normal), they change the system, read a new trading book, etc. or go back to looking for tips and advice, back to the forums, back to Google, searching for more information. After some time, and after more losses and frustration, most give up and stop trading altogether. Or, they go on the analyzing merry-go-round, keep paper trading and never get any financial success from their trading; this is the case for 90% of newbie and intermediate traders.
A few realize that the trading method they are using is not the actual problem and the most important ingredient in their trading is actually themselves. In addition, they soon realize that a sound set of trading rules is essential to trading profitably. But if the rules are not followed, they are of no value, and an average trader will have difficulty making a profit with a good trading system. Ironically, a good trader who has skill and a good mind can make a profit with even an average system. Put simply, even with a perfect system, the human mind can stop it from making money!
Statistics from surveys of US traders indicate that once a trading methodology is developed by a Forex trader, then 80% of the effort in trading is actually trading skills (that includes things like Forex trading psychology and Forex money management).
When the trading system is developed and trading skills are learned, a person starts finally trading properly. Most traders encounter a setback at some stage; either the market conditions change or they don’t follow their rules. However, if good money management is followed, this is not a serious problem. Often, even after winning for several months, after a small set back, many great traders stop trading to evaluate what has happened. This is often a mistake, and is again, the ever-present emotional element which plays in the back of our minds every day we trade. It’s a mistake to interfere with the consistent day to day trading routine, even in the face of losses, the trader has to press on and believe in what they are doing.
Here some common traps that traders fall into, this is where the real decision about the trader’s future is made:
1. They stop trading all together
2. They find a new system, read a new book, and do another course. This can go on forever and successful trading will never happen.
Or
3. They evaluate what really happened. Mostly it will be that market conditions had changed or they didn’t follow their rules.
The the forex traders who go on to achieve greatness:
(a) Monitor the markets and start trading again but trade small amounts and don’t force trades, they then resume trading normally once they get back on track.
(b) Wait for market conditions that suit their trading style.
This is an important process to go through. Most traders go through this experience 2 or 3 times before they develop the skills to achieve their trading objectives.
Trading success is a result of consistency, discipline and patience and most importantly self belief… When you have a forex trading plan that involves clean price action strategies, and that is built on practical workable parameters and it suits your personal and financial requirements, and you stick to it, then your Forex trading will become more enjoyable and more profitable.

:):):):yahoo:

thanks for your wonderful thread and you want to success in the forex trading then it is necessary to set your strategy and i strongly agree, especially on items that mention of consistency than your forex trading will become more profit.

[ken arok]

when you are earning well in your business, it is like you are in cloud nine and every thing seems to be fun. but when you are losing you feel like a dark cloud is hanging over your head following you around every where you go. and when we trade in forex, we don't do it out of fun. we just do it just to earn money not because we will have fun doing it or not.

[Ramnit]

I think if we would like to become a successful forex trader -so we shall have to be learn about trading .
without minimum trading learn or trading knowledge nobody can successful in this trading market .it is very essential for every forex traders .

Getting success in forex is not so easy and we have to keep patience and learning always so that we should get the knowledge of tradings by opening the trades well about the market when there is some oppertunity otherwise we should not open the trade.

[toptrader43]

Without method its like a warrior or perhaps trooper within a war without any weapons. If he gets just about any battle with no just about any weapon consequently exactly how he can fight because fight.

[bhai]

It is not easy to become a successful trader and it takes years of hard work , knowledge and experience to become successful and moreover a trader must have skills and abilities that are required to become successful and a profitable trading strategy to support you.

[Ramnit]

It is not easy to become a successful trader and it takes years of hard work , knowledge and experience to become successful and moreover a trader must have skills and abilities that are required to become successful and a profitable trading strategy to support you.

i think one way to be come a successful trader is to always try new thing but in a demo account anyways . when we try new things we are able to know what works and what doesnot and thus we are able to make a good trading system to use

[maurya]

Success in Forex needs consistency , patience and deep knowledge and understanding of market. In the start if a trader is losing then it starts hating Forex because he was relying only on one technique and do not know the other factors of loss. But if hi try to understand his mistake and again jump in to the market and trade consistently then one day he will make profit consistently.

[Nabi Ahmed Gill]

Most people’s experience in the Forex Market is relatively short and in no way profitable. They hear about the currency market and think it is an easy way to make a lot of money in a very short space of time. Now, I am not saying this can’t be done, because for some this is true, but for the majority it’s certainly not the case. Let me explain in more detail …
In the early stages of most FX trader’s careers, the first forex trading decisions generally come from tips and recommendations from brokers, alert services, forum threads or sometimes even mutual novice trading friends. Then, at some point, traders decide to study the market and attempt to find the perfect system or method to trade with. I am sure you can relate to the following statement; for many traders, the Forex market and it’s nuances truly become an obsession that takes up countless hours of searching on the internet and books, forums and DVD’s , in the hope to find the holy grail Forex trading system, which they eventually find out, simply does not exist.
Traders develop or buy a system and start trading way to soon. Sometimes it is profitable, but when it has a few losing trades (which is normal), they change the system, read a new trading book, etc. or go back to looking for tips and advice, back to the forums, back to Google, searching for more information. After some time, and after more losses and frustration, most give up and stop trading altogether. Or, they go on the analyzing merry-go-round, keep paper trading and never get any financial success from their trading; this is the case for 90% of newbie and intermediate traders.
A few realize that the trading method they are using is not the actual problem and the most important ingredient in their trading is actually themselves. In addition, they soon realize that a sound set of trading rules is essential to trading profitably. But if the rules are not followed, they are of no value, and an average trader will have difficulty making a profit with a good trading system. Ironically, a good trader who has skill and a good mind can make a profit with even an average system. Put simply, even with a perfect system, the human mind can stop it from making money!
Statistics from surveys of US traders indicate that once a trading methodology is developed by a Forex trader, then 80% of the effort in trading is actually trading skills (that includes things like Forex trading psychology and Forex money management).
When the trading system is developed and trading skills are learned, a person starts finally trading properly. Most traders encounter a setback at some stage; either the market conditions change or they don’t follow their rules. However, if good money management is followed, this is not a serious problem. Often, even after winning for several months, after a small set back, many great traders stop trading to evaluate what has happened. This is often a mistake, and is again, the ever-present emotional element which plays in the back of our minds every day we trade. It’s a mistake to interfere with the consistent day to day trading routine, even in the face of losses, the trader has to press on and believe in what they are doing.
Here some common traps that traders fall into, this is where the real decision about the trader’s future is made:
1. They stop trading all together
2. They find a new system, read a new book, and do another course. This can go on forever and successful trading will never happen.
Or
3. They evaluate what really happened. Mostly it will be that market conditions had changed or they didn’t follow their rules.
The the forex traders who go on to achieve greatness:
(a) Monitor the markets and start trading again but trade small amounts and don’t force trades, they then resume trading normally once they get back on track.
(b) Wait for market conditions that suit their trading style.
This is an important process to go through. Most traders go through this experience 2 or 3 times before they develop the skills to achieve their trading objectives.
Trading success is a result of consistency, discipline and patience and most importantly self belief… When you have a forex trading plan that involves clean price action strategies, and that is built on practical workable parameters and it suits your personal and financial requirements, and you stick to it, then your Forex trading will become more enjoyable and more profitable.

:):):):yahoo:

forex trading boht achi or best successful data ha or ya es forum sa ap jatina chayiao profit gain kar sakta hoo lakin es k layia ap ko boht sri manhnat karni para ge or zada sa zada experience gain karna or best sa best stragegy banan us ka bad he really accunt par tradign start kar dana ap ko boht sara profit hoa ga.

[netra]

Yes, we get profit sometime and sometime loss but a good trader is trader that able to make more profit than loss, and always stay above breakveven. When trader withdraw profit constantly then is able to have more confident in strategy and take more position but with less risk.

[sachin]

A good amount of confidence and a positive thinking with lots of braveness are the biggest tool to be a successful trader in the market.But yes we have to first have the capability to get some nice amount of investment cash in the market to trade as with large amount of money,more profit can be won.

[talha007]

Yes Bro ..........You are right .I agree with you there is doubt.I think for becoming a successful trader you have to know the forex very well which is very important for the trader.And also have the creativity to analyze .

[darksaimon]

all of trader wants a success in this activity because we see money is quick functioning and smooth in front of our eyes but it is not necessary that we can be successful so crescendo the analysis of the marketplace will process the valuate of success.

[Morshedul]

I have tried to become a successful forex trader from 3 or 4 months. But i didnt get success yet. I dont know whether i get or not. But i think i need to study alot about forex market and practice demo account more instead of real account. Hope one day i will become a good trader.

[rock]

we have to go for the trading with the experience and patience we have to follow the news and so that we can find the right time to trade.we have to go for the demo practice here to make best in real.

[sinaga]

The most important thing to be a successful trader is to be disciplined and able to manage our funds to good use. It could be our capital to be successful in trading. and we also have to understand the fundamental trade.

[obak10]

it the rules are no followed, they are of no value, and an average trader will have difficulty making a profit with a good trading system. ironically, a good trader who has skill and a good mind can make a profit with even an average system. Put simply, even a perfect system, the human mind can stop if from making money.

[kuttus]

this is good article that gives nice tips for beginners who want to take the right way and steps to be successful traders
any successful trader must have the psychology of success and the know the shortest way to get his goal
and this can be obtained by experience from long trading with proper system and patience
Yes my friend that's true this is a really good content mainly for bargainer there are many people who have given a huge suggestion to be a successful trader so it is really helpful for them .

[birbolnath]

At first thanks for your great thread. Most of the topic is very important for all newbie and also all trader. Its helps them to be discipline and maintain the market rules. If anyone follow this post he/she must be success in forex market.

[Maham Gill]

Most people’s experience in the Forex Market is relatively short and in no way profitable. They hear about the currency market and think it is an easy way to make a lot of money in a very short space of time. Now, I am not saying this can’t be done, because for some this is true, but for the majority it’s certainly not the case. Let me explain in more detail …
In the early stages of most FX trader’s careers, the first forex trading decisions generally come from tips and recommendations from brokers, alert services, forum threads or sometimes even mutual novice trading friends. Then, at some point, traders decide to study the market and attempt to find the perfect system or method to trade with. I am sure you can relate to the following statement; for many traders, the Forex market and it’s nuances truly become an obsession that takes up countless hours of searching on the internet and books, forums and DVD’s , in the hope to find the holy grail Forex trading system, which they eventually find out, simply does not exist.
Traders develop or buy a system and start trading way to soon. Sometimes it is profitable, but when it has a few losing trades (which is normal), they change the system, read a new trading book, etc. or go back to looking for tips and advice, back to the forums, back to Google, searching for more information. After some time, and after more losses and frustration, most give up and stop trading altogether. Or, they go on the analyzing merry-go-round, keep paper trading and never get any financial success from their trading; this is the case for 90% of newbie and intermediate traders.
A few realize that the trading method they are using is not the actual problem and the most important ingredient in their trading is actually themselves. In addition, they soon realize that a sound set of trading rules is essential to trading profitably. But if the rules are not followed, they are of no value, and an average trader will have difficulty making a profit with a good trading system. Ironically, a good trader who has skill and a good mind can make a profit with even an average system. Put simply, even with a perfect system, the human mind can stop it from making money!
Statistics from surveys of US traders indicate that once a trading methodology is developed by a Forex trader, then 80% of the effort in trading is actually trading skills (that includes things like Forex trading psychology and Forex money management).
When the trading system is developed and trading skills are learned, a person starts finally trading properly. Most traders encounter a setback at some stage; either the market conditions change or they don’t follow their rules. However, if good money management is followed, this is not a serious problem. Often, even after winning for several months, after a small set back, many great traders stop trading to evaluate what has happened. This is often a mistake, and is again, the ever-present emotional element which plays in the back of our minds every day we trade. It’s a mistake to interfere with the consistent day to day trading routine, even in the face of losses, the trader has to press on and believe in what they are doing.
Here some common traps that traders fall into, this is where the real decision about the trader’s future is made:
1. They stop trading all together
2. They find a new system, read a new book, and do another course. This can go on forever and successful trading will never happen.
Or
3. They evaluate what really happened. Mostly it will be that market conditions had changed or they didn’t follow their rules.
The the forex traders who go on to achieve greatness:
(a) Monitor the markets and start trading again but trade small amounts and don’t force trades, they then resume trading normally once they get back on track.
(b) Wait for market conditions that suit their trading style.
This is an important process to go through. Most traders go through this experience 2 or 3 times before they develop the skills to achieve their trading objectives.
Trading success is a result of consistency, discipline and patience and most importantly self belief… When you have a forex trading plan that involves clean price action strategies, and that is built on practical workable parameters and it suits your personal and financial requirements, and you stick to it, then your Forex trading will become more enjoyable and more profitable.

:):):):yahoo:

very very good and thankful to you bahi jana ap na boht achi information de ha haram jarsa newbie ko main kucha new trader hoon or main abe trainnng kar raha hoon es laya main na boht zada trading nahi ke ha or main ya chata hoon k jub be really account par trading karon ga or successful trading kaoron ga warana trading he nahi kaoorn ga.

[seri]

To become successful traders are process in forex, it's not result because it will need time to spend and it's not short time to spend
to become successful traders in forex. We must spend more time in forex to become better traders and we must be able to handle
many different conditions for trading.

[sspences1989]

ak successful trader bana ka liya zarori ha ka trader phala demo account pa achi taraha sa practice kar la is traha sa wo forex trading ka bara ma kafi had tak jan pay ga or apni mistake ko sahi kar pay kyun ka agr trader demo account pa practice kiya bagair trading kara ga tu is traha sa trader ko profit kam ho ga or os ka loss hona ka chancess ziyada hon ga :peace:

[will]

i very agree with you... trend of market to be a freind, never thinking i can make movement of market. think of neutral ... so you are able to act in any changes that do not comply with your predictions, :)

It's good if we made trend as our friend because it's easier to gain profit with following trend than we against the trend.
It's more risky to against the trend but if you could make good analysis when the market will move in opposite direction after it
reached support or resistance point, it's good too. Good traders must prepare good risk management to prevent big losses.

[wedeterus]

I think anyone would want to run the job and be professional. as a beginner I am also very eager to become a successful trader and can earn a consistent profit. for the many things I need to do is a lot to learn and practice my skills to be honed so that it can do trading with the right so I can get a large and consistent profits. because of the size of a successful forex trader is able to get a big profit and consistent so that the results obtained from the forex can make ends meet.

[ishvara]

I am not a very successful forex currency trader, but any day that i get that ability, i would invest very big in forex, about 20,000 dollars and then trade everyday with it and then make myself a professional trader.

[kamrul10]

agar aap professional trader banna chahte ha to appko patient ka saath trade karna hoga.bahut time lag sakta ha.successful banna easy nehi ha ledkin muskil bhi nehi ha.thoda time lagega ledkin success zarur hoga.just hard work kijiye.

[dragon]

The strategies to become a successful forex trader are quite simple and involve money management, control of emotions and trading discipline.

In the first time, you must have good knowledges about forex to become good traders. And then, you must prepare good money management to manage profit and loss which you got in each transaction. After you prepared all thing which is necessary, then we can try to be discipline with controlling emotion to obey the rule.

[budado]

I am sure to be a successful trader is not easy, need to struggle hard for many years, but if we are determined to be a successful trader, as in any way should try.
Just six months will do. Right now I'm on my second month in forex trading and my first month of april I have 14% profit. this month of may I'm down more than 15%. But if I can survive this in the next four more months I will say that my online forex trading is successful. I'm hoping that their will be a time come that I'm going to make lots of profit by trading online and I'm hoping that instaforex is my key to success.

[vanigota]

Money management is very important for forex trader. I think if you have good strategy so you should also follow money management. When your knowledge is good and you trade practice with demo account and gather good experience then you have good chance to become successful trader.

[rahulsagar]

For every traders to become as successful trader then he/she must have proper knowledge of forex and must have proper money management then he/she will easily make profits.

[seahawks90]

to become a successful trader you must have to get some quality knowledge and must have to do some practice in yoir demo account because in this field the traders who have good knowledge only can get success.

[MarginCall]

to become a successful trader you must have to get some quality knowledge and must have to do some practice in yoir demo account because in this field the traders who have good knowledge only can get success.

we know that forex is a global trading market ,if we would like to become a successful forex trader ,so we shall have to be learn about forex trading .
fundamental and technical analysis achievement is very essential for every traders .

[dragon]

For me, successful is not result but it's process to become good traders who could make good decision in every different condition
of market. So successful traders are not traders who always won the transaction but traders who could gain more profit than loss
and they could gain consistent profit.

[seahawks90]

actually to become a successful trader you musy have some great trading skills and must have some good knowledge because it is always required and i must say that this field always wants the knowledgeable people.

[sohelforex]

For the becoming a successful trader the key is to keep learning. Another great step can be consulting on forum sites like this and live communication with expert traders. If a trader breaks the discipline of learning for just one day, there creates a gap in learning session. So, for success a trader has to be consistent as well.

[julianambas]

For the becoming a successful trader the key is to keep learning. Another great step can be consulting on forum sites like this and live communication with expert traders. If a trader breaks the discipline of learning for just one day, there creates a gap in learning session. So, for success a trader has to be consistent as well.

I agree with you said
if I may add little to convey your opinion
self-control is required to master
after that all you do then you are ready to become a trader to be a tremendous success

[golpo20]

As a productive investor we all have to do lots of perform. For starters we must to find out Forex significantly as well as hold studying till we're undertaking exchanging. Future often exchanging needs to be carried out in accordance with money management otherwise we all will probably drop the total amount within our consideration.

[meu]

===>>When you want to success in the forex trading then it is necessary to set your strategy and must run according to them, well known about forex trading, to knows about the trends of market , uses of signals and indicators then you are successful trader in forex trading.

[andhwrey]

===>>When you want to success in the forex trading then it is necessary to set your strategy and must run according to them, well known about forex trading, to knows about the trends of market , uses of signals and indicators then you are successful trader in forex trading.
this are wise words,we must always walking as our plan and trading plan said,please stop to always makin new idea,sometimes consistent are really goods,not making
big changing at your good sistems overall

[waleedkhan]

Most people’s experience in the Forex Market is relatively short and in no way profitable. They hear about the currency market and think it is an easy way to make a lot of money in a very short space of time. Now, I am not saying this can’t be done, because for some this is true, but for the majority it’s certainly not the case. Let me explain in more detail …
In the early stages of most FX trader’s careers, the first forex trading decisions generally come from tips and recommendations from brokers, alert services, forum threads or sometimes even mutual novice trading friends. Then, at some point, traders decide to study the market and attempt to find the perfect system or method to trade with. I am sure you can relate to the following statement; for many traders, the Forex market and it’s nuances truly become an obsession that takes up countless hours of searching on the internet and books, forums and DVD’s , in the hope to find the holy grail Forex trading system, which they eventually find out, simply does not exist.
Traders develop or buy a system and start trading way to soon. Sometimes it is profitable, but when it has a few losing trades (which is normal), they change the system, read a new trading book, etc. or go back to looking for tips and advice, back to the forums, back to Google, searching for more information. After some time, and after more losses and frustration, most give up and stop trading altogether. Or, they go on the analyzing merry-go-round, keep paper trading and never get any financial success from their trading; this is the case for 90% of newbie and intermediate traders.
A few realize that the trading method they are using is not the actual problem and the most important ingredient in their trading is actually themselves. In addition, they soon realize that a sound set of trading rules is essential to trading profitably. But if the rules are not followed, they are of no value, and an average trader will have difficulty making a profit with a good trading system. Ironically, a good trader who has skill and a good mind can make a profit with even an average system. Put simply, even with a perfect system, the human mind can stop it from making money!
Statistics from surveys of US traders indicate that once a trading methodology is developed by a Forex trader, then 80% of the effort in trading is actually trading skills (that includes things like Forex trading psychology and Forex money management).
When the trading system is developed and trading skills are learned, a person starts finally trading properly. Most traders encounter a setback at some stage; either the market conditions change or they don’t follow their rules. However, if good money management is followed, this is not a serious problem. Often, even after winning for several months, after a small set back, many great traders stop trading to evaluate what has happened. This is often a mistake, and is again, the ever-present emotional element which plays in the back of our minds every day we trade. It’s a mistake to interfere with the consistent day to day trading routine, even in the face of losses, the trader has to press on and believe in what they are doing.
Here some common traps that traders fall into, this is where the real decision about the trader’s future is made:
1. They stop trading all together
2. They find a new system, read a new book, and do another course. This can go on forever and successful trading will never happen.
Or
3. They evaluate what really happened. Mostly it will be that market conditions had changed or they didn’t follow their rules.
The the forex traders who go on to achieve greatness:
(a) Monitor the markets and start trading again but trade small amounts and don’t force trades, they then resume trading normally once they get back on track.
(b) Wait for market conditions that suit their trading style.
This is an important process to go through. Most traders go through this experience 2 or 3 times before they develop the skills to achieve their trading objectives.
Trading success is a result of consistency, discipline and patience and most importantly self belief… When you have a forex trading plan that involves clean price action strategies, and that is built on practical workable parameters and it suits your personal and financial requirements, and you stick to it, then your Forex trading will become more enjoyable and more profitable.

:):):):yahoo:

may bilkul agree karta hun app ki baat say aur app na aik acha thread post kia hai kion kay is may aik achi knowledge mil sakti hai biggeners kay liya woh aik achi baat seekh sakta hain forex kay bara may

[hamadmuneer]

ager app forex market main success hasil karna chahty hian to app ko acha knowledge hasil karna pary ga forex market ka business bohat he acha haiis main kam karny ka bohat he maza ata hai jab hum profit le rahy hoty hian lakin jab trades galat lag jain to acha khasa loss be ho sakta hai

[jakir0079]

Every trader want to become a successful Forex trader and it is my dream to become successful Forex trader but it is so difficult. I believe if i can earn good experience, use good strategy, control emotions, control greed, with patience on trading then i must be success and to become successful Forex trader.

[didikebenaran]

Every trader want to become a successful Forex trader and it is my dream to become successful Forex trader but it is so difficult. I believe if i can earn good experience, use good strategy, control emotions, control greed, with patience on trading then i must be success and to become successful Forex trader.

each trader admitted that the business is so difficult to run, but we must not give up so easily because we have to develop our trade continues until we have the knowledge and skills for success

[malibo]

to become a successful trader I believe we need to follow a lot of things. you must control your emotions in trading in this market. Because emotions play a vital role in our business. And if you are not able to control your emotions, you will get lost always be careful not to fall into errors.

[didikebenaran]

to become a successful trader I believe we need to follow a lot of things. you must control your emotions in trading in this market. Because emotions play a vital role in our business. And if you are not able to control your emotions, you will get lost always be careful not to fall into errors.

especially if you want a success in this business we should be able to control our emotions so that trade can control the emotions of trade then we will be able to find success in this business

[dragon]

it is a serious issue,It required a disciplined trading to become a successful trader. You should follow money management rules carefully. Keep your emotion controlled. Follow economic news. Study on technical analysis.

Yes, discipline is very needed in forex because there is no one who could become successful trader without any discipline.
Discipline here will involve follow money management well, follow your first analysis and using strategy which you've prepared
while you are practicing in demo account. Discipline means you can control emotion well so you won't make mistakes because
too hurry to make decision.

[anton]

Yes, discipline is very needed in forex because there is no one who could become successful trader without any discipline.
Discipline here will involve follow money management well, follow your first analysis and using strategy which you've prepared
while you are practicing in demo account. Discipline means you can control emotion well so you won't make mistakes because
too hurry to make decision.

I could not agree more, very important if we must have discipline, be disciplined when the learning process, and discipline of our trading techniques, and we as a beginner usually very difficult to impose discipline when in the learning process.

[seri]

Trade in forex no one can in an instant to undefeated trading. required power of knowledge, money and unyielding tone to be booming in forex. in my persuasion, success in forex is a weigh of term, who survive and never create up in search of the imaging gift sure follow. because rather or ulterior unfree to judge the style of trading. it from me.

Yes, there is no one who never made mistakes and there is no one who could become perfect trader. Become successful trader is
process and it won't happen instantly or in short time because it will need time to gain knowledges, implement the strategy, doing
a lot of practices and consistently, then have good emotion control. I don't think if it could be done in short time.

[clickme]

Yes bro you are right, to become a successful trader you should take some strategy that never be broker and you should follow some rules of trading that also can not be broken. the most important thing is that the patience of you, trading plan and keep learning and learning a long time can be a part of your success in trading.

[mmja2003]

Nice post. Really appreciable. In your description, last part as common traps are really agreeable. I also effected with these traps. I think you are absolutely right and traders should remember this traps.

[ali1011]

Ager aap successful forex trader banna chahty hain to aap ko chahiy pehly aap demo trading account per achi tarha practice Karin or apni trading skill ko buildup Karin jab aap ko full confidence ho jay keh aap real trading kar sakty hain then aap real trading account hasil Karin.
Demo account p practice to boaht he jarori hy is sy apko market ke movement k bary me pta chalta hy is sy kafi market ke fluctuation k bary me idea ho jata hy jo ahi trading k jarori hota hy

[TauqeerHaiderRizvi]

Better methods of trading in the Forex market in different pairs requires a great deal of skill and knowledge. That trade for the day you must learn the basic rules carefully. Trader who want to experiment with market forces more strongly and to enjoy th prospects of good profits, should reduce the level of risk in all transactions. forex market give you the best chance to become sucessful trader with the help of good plans and knowledge.

[eddy]

it is true what you informed of great help to traders and newbies like me to become a successful trader beginner trader candidates should thoroughly understand how the methods and techniques for analyzing the precise and rapid control of life and psychology of emotion is not quiet

[Nabi Ahmed Gill]

sabhi toh chahtte hay ke woh trade main successful ho sake.Lekin unke pass trade ki knowledge aur strategy kam hone ke wajay woh accha trader nehi ban pate hay.Woh agar trade main accha strategy bana sake,aapne greed ko control kar sake aur money management thik rakh sake toh woh sucessful ho sakte hay.

agr pa na boht he achi or best successful trading kani ha ot ap ko trading main kafi profit earned karna chata hoon eslya muja trading main kafi loss be hota ha or trading main obht sara profit be hota ha es lya main trading boht zada kam ata haoon.

[golpo20]

this is a severe difficulty, This necessary some sort of self-displined dealing to become a successful speculator. You ought to comply with income management guidelines very carefully. Keep emotion handled. Adhere to economical media. Research with techie research.

[kapil_chemical_07]

Very good and helpful post for the trader,no doubt.Today is my one of the best day in my life.Because,today I got some special types of post.That is not available here for all the time.Your post is very fine.This post should be sticky.

[anton]

yeah disciplinary role for us to be successful in this business but I am confident that we can continue to exercise even though it is difficult to be disciplined in this trade then we will be able to get trafficking that can be successful for the discipline

very true, very difficult discipline to be applied, but for every trader if you want to succeed they must be able to implement trading discipline in every action, and I think discipline can be achieved if we have a strong desire to keep discipline in the conduct of trade.

[kakatua]

I think that Without strategy its equivalent a warrior or slacker in a war without any weapons. If he enters any engagement without any weapon then how he can play in that effort. Similarly a strategy in forex trading is equivalent a instrument for a trader to succeed the market and win his trades.

[jakir0079]

It is my dream to become successful Forex trader but it is so difficult. I think it is possible in Forex trade. If i can use experience, good strategy, good knowledge, control emotions, control greed, with patience on trading then one day i must be success in Forex and to become successful Forex trader in the world.

[boniez]

become a successful trader that you do not expect too much, I advise you to always abide by the trading plan, because I think trading plan will provide many advantages which one is you're going with a regular trading not random trading.

[clickme]

Yes, to be more continue with you, that to become a real trader or success in trading, you have to have a lot study in regular basis, and use them in the practical world, good patience of forex trading can reach you in good level and mostly high position in forex.

[Gurufx]

Very good and helpful post for the trader,no doubt.Today is my one of the best day in my life.Because,today I got some special types of post.That is not available here for all the time.Your post is very fine.This post should be sticky.
Experience is the best teacher. The more experience trading forex, then we will increasingly know everything about forex. Practice immediately. Do not just play the demo continues. Later we lack mental honed. But do not be too reckless and lust like a big profit in a flash. Use micro account for real practice. Use of money management.

[golpo20]

I think of which Devoid of approach the comparative any warrior or even slacker within a conflict without tools. In the event this individual enters just about any proposal without system next precisely how he'll enjoy in that energy. In the same way a method inside fx trading will be comparative any device to get a investor to succeed the market and also acquire his or her trading.

[jakir0079]

Every trader want to become successful Forex trader and i am also want to become successful Forex trader but it is so difficult. I am always try to follow successful Forex trader tips. I think one day must become successful Forex trader.

[golpo20]

it is a extreme difficulty, This specific required some kind of self-disciplined working to turn into a profitable speculator. You should abide by profits managing suggestions thoroughly. Keep emotion managed. Comply with affordable media. Exploration together with geek investigation.

[anton]

it is a extreme difficulty, This specific required some kind of self-disciplined working to turn into a profitable speculator. You should abide by profits managing suggestions thoroughly. Keep emotion managed. Comply with affordable media. Exploration together with geek investigation.

it is true, it is very difficult to achieve success in this business, what matters is that we be patient in learning the business, and I believe that success in any business capital is patience in carrying out the process, and it is also true for forex business, keep the spirit of learning and improving skills our trading.

[Rizwan]

Everyone has the potential to learn to trade Forex quickly, learning a method that can make money easily and if you adopt a disciplined attitude, your ready to enjoy a three-digit income in about 30 minutes per day.

Goood Luck and Have a Nice Day ;)
Use a website's tools.
When you are buying and selling in the forex market you can use a website to do this. There are many different websites online to choose from. Be sure to find a legitimate website to start investing in the forex market with. It could be very frustrating to try to start investing just to find out that the website you were using to trade in the forex market has taken your personal information. So be sure to research what forex website would work best for yourself.

[Rizwan]

Yes off course if you used smaller lot size, the risk will be lower and also the profit
will be lower too. If you wanted to practice to get daily profit, I think that's good idea.
In the future maybe we can get high profit with few pips that we got. It's goal in
scalping method right, using small pips to get high profit. But we must be carefull
in news which usually appeared.

[didikebenaran]

the tips on becoming a successful trader is not far fetched, first of all, you need adequate knowledge of the market, good mentoring and a well planned manner of trading.

true knowledge is an important part in the trade of a merchant that would waver could find success in this trade and they and they will be successful in this business if they already have knowledge, have a plan that already can be done

[golpo20]

Knowledge is best teacher. A lot more practical knowledge exchanging foreign exchange, after that we will certainly progressively learn every thing with regards to foreign exchange. Exercise instantly. Do not just perform the particular tryout continues. Afterwards we shortage psychological perfected. Nevertheless don't also sloppy as well as lust just like a massive revenue in a flash. Employ small are the cause of authentic exercise. Using income operations.

[Ramnit]

the tips on becoming a successful trader is not far fetched, first of all, you need adequate knowledge of the market, good mentoring and a well planned manner of trading.

the first point can only be found out, if someone trades with the same system for a year or so. then we can know how well the system works.
the second point is the most important, discipline is the only way to trade the markets, it doesn't matter which system you use.

[boniez]

to become a successful trader, then you will not need a lot of things actually, which is important you always make the change of the overall trading, and many things that makes a trader fails to achieve success because they are quickly discouraged.

[nurulsust]

But confidence and braveness comes only with the increase of knowledge, it at certain position, you don't know what to do, whether sell or buy, your confident not just help you to trade anything.

This is right that gaining knowledge and experience can produce confidence. Otherwise, a trader can not set the goal and will not find the way to reach that goal. Especially, the beginners should gain knowledge first to build confidence.

[golpo20]

Each and every Traders would like to be successful Trader along with i am likewise would like to be successful Trader but it is really hard. I am generally make an effort to comply with successful Trader tips. I believe eventually should be successful Trader.

[tashnotashi]

Most people’s experience in the Forex Market is relatively short and in no way profitable. They hear about the currency market and think it is an easy way to make a lot of money in a very short space of time. Now, I am not saying this can’t be done, because for some this is true, but for the majority it’s certainly not the case. Let me explain in more detail …
In the early stages of most FX trader’s careers, the first forex trading decisions generally come from tips and recommendations from brokers, alert services, forum threads or sometimes even mutual novice trading friends. Then, at some point, traders decide to study the market and attempt to find the perfect system or method to trade with. I am sure you can relate to the following statement; for many traders, the Forex market and it’s nuances truly become an obsession that takes up countless hours of searching on the internet and books, forums and DVD’s , in the hope to find the holy grail Forex trading system, which they eventually find out, simply does not exist.
Traders develop or buy a system and start trading way to soon. Sometimes it is profitable, but when it has a few losing trades (which is normal), they change the system, read a new trading book, etc. or go back to looking for tips and advice, back to the forums, back to Google, searching for more information. After some time, and after more losses and frustration, most give up and stop trading altogether. Or, they go on the analyzing merry-go-round, keep paper trading and never get any financial success from their trading; this is the case for 90% of newbie and intermediate traders.
A few realize that the trading method they are using is not the actual problem and the most important ingredient in their trading is actually themselves. In addition, they soon realize that a sound set of trading rules is essential to trading profitably. But if the rules are not followed, they are of no value, and an average trader will have difficulty making a profit with a good trading system. Ironically, a good trader who has skill and a good mind can make a profit with even an average system. Put simply, even with a perfect system, the human mind can stop it from making money!
Statistics from surveys of US traders indicate that once a trading methodology is developed by a Forex trader, then 80% of the effort in trading is actually trading skills (that includes things like Forex trading psychology and Forex money management).
When the trading system is developed and trading skills are learned, a person starts finally trading properly. Most traders encounter a setback at some stage; either the market conditions change or they don’t follow their rules. However, if good money management is followed, this is not a serious problem. Often, even after winning for several months, after a small set back, many great traders stop trading to evaluate what has happened. This is often a mistake, and is again, the ever-present emotional element which plays in the back of our minds every day we trade. It’s a mistake to interfere with the consistent day to day trading routine, even in the face of losses, the trader has to press on and believe in what they are doing.
Here some common traps that traders fall into, this is where the real decision about the trader’s future is made:
1. They stop trading all together
2. They find a new system, read a new book, and do another course. This can go on forever and successful trading will never happen.
Or
3. They evaluate what really happened. Mostly it will be that market conditions had changed or they didn’t follow their rules.
The the forex traders who go on to achieve greatness:
(a) Monitor the markets and start trading again but trade small amounts and don’t force trades, they then resume trading normally once they get back on track.
(b) Wait for market conditions that suit their trading style.
This is an important process to go through. Most traders go through this experience 2 or 3 times before they develop the skills to achieve their trading objectives.
Trading success is a result of consistency, discipline and patience and most importantly self belief… When you have a forex trading plan that involves clean price action strategies, and that is built on practical workable parameters and it suits your personal and financial requirements, and you stick to it, then your Forex trading will become more enjoyable and more profitable.

:):):):yahoo:

hmmm itni lambi tafseel to koi bhi app ki read nahi karey ga sahi baat ha yahan par jo bhi ha na woh ye chatey haen k bas kisi taran se na woh ameer houn jain par woh es main mehnat karet haen

[deep]

Quick learning of the forex trading through an adopted trading system is good but sometimes it might have a bad effect on a newbie if faced a big loss. It is better to trade demo for up to 3 months even if you are making consistent profits on it. After demo then you should try for small profits on a live account before depositing more money. It will help this way to build your trading confidence such that a bad loss will not affect you any more.

[aamu]

Theek hai ki achche traders se mila gyan trading me help karega lekin khud ki practice aur efforts ko kam nahi anka ja sakta, aap apna mind aur logic kitna apply karte hai trade open karne me iska kafi asar hota hai apke trades par.

[kiran]

some of the capabilities that we must have to be successful in this business, that are:

- we must Have and can be control of capital and risk management be accurately

- Ability to manage emotions so that a trader far from being greedy, avaricious, fearful, or hesitant

- Good habits: make trading plan that's right, not speculative also not spontaneity.

- Do not forget: patience and discipline.

[mmassi]

To get to the stage of a trader has sucked. you should be able to follow the market, because we can not control the market. so that one must understand the characteristics of the market with our analysis and also the indicator that we have. and we also need to be disciplined, with good money management. So I'm sure we will have sucked.

[shemozz]

Points should be good on any trader if he wants to be successful that uses .... For me, I see that the best advice for any trader to continue in education and to be updated for each new and observer in the field of Forex

[anton]

Points should be good on any trader if he wants to be successful that uses .... For me, I see that the best advice for any trader to continue in education and to be updated for each new and observer in the field of Forex

in fact many things that affect our success in forex, but it's the main thing we have to do is we must have the spirit of learning that we are getting good trading skills and grow. because I do not akanbisa sulses trader in forex if the trader does not have the skills and knowledge of good trading.

[newentry]

When you want to success in the forex trading then it is necessary to set your strategy and must run according to them, well known about forex trading, to knows about the trends of market , uses of signals and indicators then you are successful trader in forex trading.

right, we are as the trader have to prepare everything with right, always thing with clear and learn from the basic is good
and after it, we have to master one strategies or more to make us flexible at all condition and trade with high discipline

[anton]

right, we are as the trader have to prepare everything with right, always thing with clear and learn from the basic is good
and after it, we have to master one strategies or more to make us flexible at all condition and trade with high discipline

I agree with you, the merchant must have a good preparation and planning, I believe that if the beginner has the preparation and planning, the trading will he do it regularly and able to follow the rules of trade that he has made. and if such a trader is likely to be far away from vices such as greed and emotional trading.

[Oliur]

Very important lesson for all trader. I look there is the system is very useful and good. I think that if you discuss the technical analysis there is very good advantage available. I have very difficult stop loss and Take profit putting point. If you discuss it briefly we hope very good for my positions of trading.

[spread]

I do not have enough patience to read your thread because it's too long :)) but I know that being a successful trader is very difficult and we need to go through a long time to get the experience

[raka999]

I agree with you, the merchant must have a good preparation and planning, I believe that if the beginner has the preparation and planning, the trading will he do it regularly and able to follow the rules of trade that he has made. and if such a trader is likely to be far away from vices such as greed and emotional trading.
forex business is a business that is simple but must be well planned. you can not do without a good analysis. all aspects must be acquainted with you. not only a good strategy, but the emotional, psychological and greed and you have to be mastered.

[dragon]

There is no business who could become successful in there without doing a lot of practices and we must do a lot of practices
in forex market to become better traders. It's important to train our skill of trading and also train our psychology in trading so
our decision will be better from time to time.

[zahidrock]

I do not have enough patience to read your thread because it's too long :)) but I know that being a successful trader is very difficult and we need to go through a long time to get the experience

Yes to become a successful trader you need to wait long term with patiently. And you need to reduce your emotion and greediness on trading. because this two elements can hindrance your way.

[jijotrading]

Most people’s experience in the Forex Market is relatively short and in no way profitable. They hear about the currency market and think it is an easy way to make a lot of money in a very short space of time. Now, I am not saying this can’t be done, because for some this is true, but for the majority it’s certainly not the case. Let me explain in more detail …
In the early stages of most FX trader’s careers, the first forex trading decisions generally come from tips and recommendations from brokers, alert services, forum threads or sometimes even mutual novice trading friends. Then, at some point, traders decide to study the market and attempt to find the perfect system or method to trade with. I am sure you can relate to the following statement; for many traders, the Forex market and it’s nuances truly become an obsession that takes up countless hours of searching on the internet and books, forums and DVD’s , in the hope to find the holy grail Forex trading system, which they eventually find out, simply does not exist.
Traders develop or buy a system and start trading way to soon. Sometimes it is profitable, but when it has a few losing trades (which is normal), they change the system, read a new trading book, etc. or go back to looking for tips and advice, back to the forums, back to Google, searching for more information. After some time, and after more losses and frustration, most give up and stop trading altogether. Or, they go on the analyzing merry-go-round, keep paper trading and never get any financial success from their trading; this is the case for 90% of newbie and intermediate traders.
A few realize that the trading method they are using is not the actual problem and the most important ingredient in their trading is actually themselves. In addition, they soon realize that a sound set of trading rules is essential to trading profitably. But if the rules are not followed, they are of no value, and an average trader will have difficulty making a profit with a good trading system. Ironically, a good trader who has skill and a good mind can make a profit with even an average system. Put simply, even with a perfect system, the human mind can stop it from making money!
Statistics from surveys of US traders indicate that once a trading methodology is developed by a Forex trader, then 80% of the effort in trading is actually trading skills (that includes things like Forex trading psychology and Forex money management).
When the trading system is developed and trading skills are learned, a person starts finally trading properly. Most traders encounter a setback at some stage; either the market conditions change or they don’t follow their rules. However, if good money management is followed, this is not a serious problem. Often, even after winning for several months, after a small set back, many great traders stop trading to evaluate what has happened. This is often a mistake, and is again, the ever-present emotional element which plays in the back of our minds every day we trade. It’s a mistake to interfere with the consistent day to day trading routine, even in the face of losses, the trader has to press on and believe in what they are doing.
Here some common traps that traders fall into, this is where the real decision about the trader’s future is made:
1. They stop trading all together
2. They find a new system, read a new book, and do another course. This can go on forever and successful trading will never happen.
Or
3. They evaluate what really happened. Mostly it will be that market conditions had changed or they didn’t follow their rules.
The the forex traders who go on to achieve greatness:
(a) Monitor the markets and start trading again but trade small amounts and don’t force trades, they then resume trading normally once they get back on track.
(b) Wait for market conditions that suit their trading style.
This is an important process to go through. Most traders go through this experience 2 or 3 times before they develop the skills to achieve their trading objectives.
Trading success is a result of consistency, discipline and patience and most importantly self belief… When you have a forex trading plan that involves clean price action strategies, and that is built on practical workable parameters and it suits your personal and financial requirements, and you stick to it, then your Forex trading will become more enjoyable and more profitable.

:):):):yahoo:
thank you my dear jo itni achi post app ne ham se shar e ki h or main to kafi khush houn app ki es post se wse main to app ko yahi kahoun ga k forex trading ha to kfi mushkil par ham es ko seekh len na to phr ye sab se ziyada achi sabit ho sakti ha hamrey liye

[shamtek]

it's not very hard to success in forex , rather than it's easy to achieve success in forex than any other sector .for this we have to understand the trade very well . before buy or sell we need to differentiate the market position then take decision .

[julianambas]

the forex business is a business that is very promising large returns therefore there must be a preparation for beginners. Learn about forex, good science theory and strategies must be mastered. time is important to trading must also know. market psychology is also very important

[nurivasyarifah]

the key to success in trading in my opinion it is more familiar with the first knowledge, 5 w of the forex .... and how good management is good management on market entry strategies or emotional self-management

[didikebenaran]

very well made lines and you are saying a perfect trading history of traders.. i like what you said that the trading depends on one's own strategy skills and fund management policies which is good for the traders to maintain and if they do they will start getting a good returns which will enable them to hold onto a good trading profits
if we want to succeed in this business then we need to do tends to be how I do this trade using our trade strategy and we will be able to do it with a variety of existing trade and we will find success by continuing to learn and develop trade capacity

[jakir0079]

Every trader want to become a successful Forex trader and i am also want to become successful Forex trader but it is so difficult in Forex. I think if i can use good strategy, good knowledge, control emotions on trading then one day i must be success and to become successful Forex trader.

[boniez]

I do not have enough patience to read your thread because it's too long :)) but I know that being a successful trader is very difficult and we need to go through a long time to get the experience


indeed, that is the core is made ​​of this thread, all of which will not easily to be reached where you're going to need a lot of things and also the experience in order to achieve the success that you want to go.

[kalponick]

I thought that I just need to find the holy grail... or something like this which can give me constant profit.. I used different materials or methods for this.. but none work actually.. Forex is not something you can easily master.. You need to work really hard and learn most about this market.. Only then you can be a successful trader in your life..

[purohit]

agr pa na boht he achi or best successful trading kani ha ot ap ko trading main kafi profit earned karna chata hoon eslya muja trading main kafi loss be hota ha or trading main obht sara profit be hota ha es lya main trading boht zada kam ata haoon.

[brutu]

By successful traders take before you begin to exchange, you must first learn how to apply technical analysis of this trader
Even with all aspects of capital management, and to know in order to enter, when, and how to leave the information, you must learn to be bound by the ratio of total capital

[ceestech]

Apart form the factors that you must have highligthed one has to also learn to control the greed part that goes with trading.

[kudro1997]

Actually any body need fist learn how to apply technical analysis of trader.But successful trader take before you begin to exchange.But all aspects capital management ,and to know in order to enter.how to leave information,must learn to be bound by ratio of total profit.

[rahimlakhany]

Everyone has the potential to learn to trade Forex quickly, learning a method that can make money easily and if you adopt a disciplined attitude, your ready to enjoy a three-digit income in about 30 minutes per day.

Goood Luck and Have a Nice Day ;)

Very true potential to learn to trade Forex quickly are always there in you it just need a push and a decent support and relax mind to do well in Forex.

[joko]

Good and successful traders should be able to make good analysis in every condition although good traders won't always win but
they could limit losses or reduce possibility of losses. To become successful traders, there must be process and it will take time. There
is no successful trader who become successful instantly.

[didikebenaran]

become a successful trader you must hopefull and active and hard worker. these can make you rich within a short time. everybody wants to gain success which depends on ones own strategy.

but sometimes we as merchants hope will work for us and may be successful quickly but do not ever have a voracious nature that will make you lose and keep active and work hard

[nurivasyarifah]

By successful traders take before you begin to exchange, you must first learn how to apply technical analysis of this trader
Even with all aspects of capital management, and to know in order to enter, when, and how to leave the information, you must learn to be bound by the ratio of total capital

exactly once, but all of these factors does not necessarily guarantee that we will succeed in doing this trading, the nature of the man himself who can make them a millionaire or billionaire,, sifati it is greed, greed can not mengendaikan his own emotions,,,,
I'm sure those who have been successful have undergone a long process that we do not know, that's the main factor that not everyone can look it up,,, and for me it is not easy
:accute::respect::good:

[purohit]

trading may aa jana to asaan hay laykin iss may say kamana bohot mushkil hay. sirf wo hi jald kama saktay hain jo kisi achay professional trader say trading seekh saktay hain, un ko trading may kamiyaabi bhi jaldi mil jaati hay bajaey on kay jo khud hi try ker ker kay trading seekhtay hain.

[jakir0079]

Every trader want to become successful Forex trader and i am also want to become successful trader in the world but it is so difficult. I think is i can earn lot of experience, enough knowledge about Forex, use good strategy, control emotions, control greed on trading then it is possible to become successful Forex trader.

[Ramnit]

i think you should keep your knowledge up to date for a good skill. because every day you can learn new from the forex trade market. it must be beneficial for earning money.

if you can maintain some rolls i think you can to be a successful trader .such as if you avoid your all bad trading or habit .and trading with experience or learning and make good money management

[hello927]

By applying best methods of trading we can become a successful trader. We must not loose temper in the losses but to consider the reasons of failure that what happened to the stratrategies we follow.

[biyen]

One of te rules to become a success trader is a good risk management ias key to survival. You can be a very skilled trader and still be wiped out by poor risk management

[abdillahikbal]

if you can maintain some rolls i think you can to be a successful trader .such as if you avoid your all bad trading or habit .and trading with experience or learning and make good money management

who becomes the next question is how can we manage our financial trading with a very wise sir, sir if have data on the precise arrangement mm I think it may be shared here as much as I need it, hehe

[purohit]

Demo account p practice to boaht he jarori hy is sy apko market ke movement k bary me pta chalta hy is sy kafi market ke fluctuation k bary me idea ho jata hy jo ahi trading k jarori hota hy

[aamu]

The most important thing to be a successful trader is to be disciplined and able to manage our funds to good use. It could be our capital to be successful in trading. and we also have to understand the fundamental trade.

[golpo20]

Each and every speculator would like to be successful Trader and i'm in addition would like to be successful speculator on the globe nevertheless it is hard. I believe is i could make wide range of expertise, adequate know-how about Forex, make use of excellent technique, manage sensations, manage greed on trading then you possibly can be successful Trader.

[faria]

many people needs a hit on this company because many of us notice cash is usually quickly running in addition to moving in-front of our own sight nevertheless it isn't essential that we might be successful consequently growing the examination on the current market raises the price regarding accomplishment.

[happyrichyyy]

Most people’s experience in the Forex Market is relatively short and in no way profitable. They hear about the currency market and think it is an easy way to make a lot of money in a very short space of time. Now, I am not saying this can’t be done, because for some this is true, but for the majority it’s certainly not the case. Let me explain in more detail …
In the early stages of most FX trader’s careers, the first forex trading decisions generally come from tips and recommendations from brokers, alert services, forum threads or sometimes even mutual novice trading friends. Then, at some point, traders decide to study the market and attempt to find the perfect system or method to trade with. I am sure you can relate to the following statement; for many traders, the Forex market and it’s nuances truly become an obsession that takes up countless hours of searching on the internet and books, forums and DVD’s , in the hope to find the holy grail Forex trading system, which they eventually find out, simply does not exist.
Traders develop or buy a system and start trading way to soon. Sometimes it is profitable, but when it has a few losing trades (which is normal), they change the system, read a new trading book, etc. or go back to looking for tips and advice, back to the forums, back to Google, searching for more information. After some time, and after more losses and frustration, most give up and stop trading altogether. Or, they go on the analyzing merry-go-round, keep paper trading and never get any financial success from their trading; this is the case for 90% of newbie and intermediate traders.
A few realize that the trading method they are using is not the actual problem and the most important ingredient in their trading is actually themselves. In addition, they soon realize that a sound set of trading rules is essential to trading profitably. But if the rules are not followed, they are of no value, and an average trader will have difficulty making a profit with a good trading system. Ironically, a good trader who has skill and a good mind can make a profit with even an average system. Put simply, even with a perfect system, the human mind can stop it from making money!
Statistics from surveys of US traders indicate that once a trading methodology is developed by a Forex trader, then 80% of the effort in trading is actually trading skills (that includes things like Forex trading psychology and Forex money management).
When the trading system is developed and trading skills are learned, a person starts finally trading properly. Most traders encounter a setback at some stage; either the market conditions change or they don’t follow their rules. However, if good money management is followed, this is not a serious problem. Often, even after winning for several months, after a small set back, many great traders stop trading to evaluate what has happened. This is often a mistake, and is again, the ever-present emotional element which plays in the back of our minds every day we trade. It’s a mistake to interfere with the consistent day to day trading routine, even in the face of losses, the trader has to press on and believe in what they are doing.
Here some common traps that traders fall into, this is where the real decision about the trader’s future is made:
1. They stop trading all together
2. They find a new system, read a new book, and do another course. This can go on forever and successful trading will never happen.
Or
3. They evaluate what really happened. Mostly it will be that market conditions had changed or they didn’t follow their rules.
The the forex traders who go on to achieve greatness:
(a) Monitor the markets and start trading again but trade small amounts and don’t force trades, they then resume trading normally once they get back on track.
(b) Wait for market conditions that suit their trading style.
This is an important process to go through. Most traders go through this experience 2 or 3 times before they develop the skills to achieve their trading objectives.
Trading success is a result of consistency, discipline and patience and most importantly self belief… When you have a forex trading plan that involves clean price action strategies, and that is built on practical workable parameters and it suits your personal and financial requirements, and you stick to it, then your Forex trading will become more enjoyable and more profitable.

:):):):yahoo:

This sounds encouraging. I was doing forex couple of years ago, with local bank, without any leverage, it didn't go so well though. I stopped trading and left some euro in the account, and months later I was in need of euro so I withdrew the money, at that time euro was bit high, so it turned out that the amount I withdrew in my own currency was just almost same as the amount I used for starting the forex trade, hehe. Now I'm again interested in forex, looking forward to making some profit out of it, but as you said, small amount in the beginning is much better.

[place]

if you want to become a successful trader then you have to be patient.because patient is the key and without this key you can not open the success door in upcoming future.just focus your trading and go ahead.

[5starsabuj]

As Forex is an international trading business so it is also very demand able business in this time.
To trade in the Forex market every man can be turn in successfully trader.
If a person is efficient and he have to proper idea about Forex market.
If he is expect to earn from this media he can be trade .
If a person get proper idea From this he can be turn a success full person.

[Lia]

Patience is one thing that can lead us to preserve our account in much longer time. Patience if a trader can successfully install it in his system will give him more profits because he will be careful to enter the market all the time.

absolutely right, the key to successful patient traddalah nature of each person so well in forex trading is when you can not afford to be patient then that's your closer to lose,

[newentry]

to become a successful trader you should follow these points 1.first do analysis in your favorite currency pairs 2.develop strategic plans 3.develop money management and risk management plans 4.careful in entering lot sizes 5.don't wait long time for getting huge profit 6.use take profit and stop loss for each orders.

absolutely right, yes we need to make analysis with right then we have to know the market condition with clear, and also we have to trade with good discipline and here is the key to get a better result..
and as you said " careful and do not wait for longer time to getting hugh profit and because we do not know what will happen in the future and before the trend begin against our order

[reazforex]

To be a successful forex trader, we need to word hard for learning many analysis because analysis is the the most important thing in forex which can make you successful. Besides, Time and Money Management are very crucial in forex that can make you successful forex trader.

[golpo20]

Standard is important pertaining to dealer in the event dealer learn about essential then dealer know advance study simply. Thus dealer should know essential very first. Practice in demo consideration investing is very great for dealer. dealer can easily learn about essential training.

[Adnan]

yeah you are extremely right, everyone know that making money is not so simple. sometimes you will get a lot of money within a short spam of time but mostly it take too much time. once i won 20 dollars in 4minutes but once i waited for 5 hours and i won just 2 dollars so it also depends on market. just be patient while trading with forex and develop strategies, the most you develop strategies, the more you will be sure and confident about your trade.

[The Queen]

that we continue to keep our greed in trading then this will cause us to suffer losses in our trading and if we can control the money management in this trade that will help us to be more likely to survive in this trade and this is what makes you survive well in the market

[abdullahmuslim]

able to achieve success in the struggle. You can get used to the discipline since the demo account. If you are unsure of the signal from your analysis, you should not market entry, you must wait for a strong signal of your trading system

ready to host a demo account .. in my opinion must be learned for the beginner newbies, because every beginner without studying the demo account first then it is unlikely we will get to experience the pamula valuable experience

[happyrichyyy]

To be a successful forex trader, we need to word hard for learning many analysis because analysis is the the most important thing in forex which can make you successful. Besides, Time and Money Management are very crucial in forex that can make you successful forex trader.

Do you mean we need to learn lots of analysis methods for the trading? So there are other things besides candles reading? Hmm I thought that's the only and basic thing for every trader to study, along with reading financial or political news. Hmm seems there's really a lot to learn to be a successful forex trader. I even't haven't grasped the candle reading stuff yet, it's already bit complicated to me.

[golpo20]

Simple is important for speculator when speculator be aware of basic subsequently speculator learn advance study without difficulty. Consequently speculator should be aware basic very first. Exercise in demonstration accounts dealing is quite perfect for speculator. speculator can easily be aware of basic doing.

[Rizwan]

Most people’s experience in the Forex Market is relatively short and in no way profitable. They hear about the currency market and think it is an easy way to make a lot of money in a very short space of time. Now, I am not saying this can’t be done, because for some this is true, but for the majority it’s certainly not the case. Let me explain in more detail …
In the early stages of most FX trader’s careers, the first forex trading decisions generally come from tips and recommendations from brokers, alert services, forum threads or sometimes even mutual novice trading friends. Then, at some point, traders decide to study the market and attempt to find the perfect system or method to trade with. I am sure you can relate to the following statement; for many traders, the Forex market and it’s nuances truly become an obsession that takes up countless hours of searching on the internet and books, forums and DVD’s , in the hope to find the holy grail Forex trading system, which they eventually find out, simply does not exist.
Traders develop or buy a system and start trading way to soon. Sometimes it is profitable, but when it has a few losing trades (which is normal), they change the system, read a new trading book, etc. or go back to looking for tips and advice, back to the forums, back to Google, searching for more information. After some time, and after more losses and frustration, most give up and stop trading altogether. Or, they go on the analyzing merry-go-round, keep paper trading and never get any financial success from their trading; this is the case for 90% of newbie and intermediate traders.
A few realize that the trading method they are using is not the actual problem and the most important ingredient in their trading is actually themselves. In addition, they soon realize that a sound set of trading rules is essential to trading profitably. But if the rules are not followed, they are of no value, and an average trader will have difficulty making a profit with a good trading system. Ironically, a good trader who has skill and a good mind can make a profit with even an average system. Put simply, even with a perfect system, the human mind can stop it from making money!
Statistics from surveys of US traders indicate that once a trading methodology is developed by a Forex trader, then 80% of the effort in trading is actually trading skills (that includes things like Forex trading psychology and Forex money management).
When the trading system is developed and trading skills are learned, a person starts finally trading properly. Most traders encounter a setback at some stage; either the market conditions change or they don’t follow their rules. However, if good money management is followed, this is not a serious problem. Often, even after winning for several months, after a small set back, many great traders stop trading to evaluate what has happened. This is often a mistake, and is again, the ever-present emotional element which plays in the back of our minds every day we trade. It’s a mistake to interfere with the consistent day to day trading routine, even in the face of losses, the trader has to press on and believe in what they are doing.
Here some common traps that traders fall into, this is where the real decision about the trader’s future is made:
1. They stop trading all together
2. They find a new system, read a new book, and do another course. This can go on forever and successful trading will never happen.
Or
3. They evaluate what really happened. Mostly it will be that market conditions had changed or they didn’t follow their rules.
The the forex traders who go on to achieve greatness:
(a) Monitor the markets and start trading again but trade small amounts and don’t force trades, they then resume trading normally once they get back on track.
(b) Wait for market conditions that suit their trading style.
This is an important process to go through. Most traders go through this experience 2 or 3 times before they develop the skills to achieve their trading objectives.
Trading success is a result of consistency, discipline and patience and most importantly self belief… When you have a forex trading plan that involves clean price action strategies, and that is built on practical workable parameters and it suits your personal and financial requirements, and you stick to it, then your Forex trading will become more enjoyable and more profitable.

:):):):yahoo:

Success is an aim of every business man in his job. As regards success in Forex trading business, there are some requirements to achieve this success. In the business of Forex trading and specially a newbie should have following qualities if he want to get success: I) Trader must have determination. II) Trader must have a complete knowledge about the business. III) Trader must get training from Senior expert trader. He must share their experience. IV) A new trader should practice on demo account before doing real trade. V) A trader should not start his business his business with huge capital. He should start with small capital and increase it with the passage of time. VI) Trader must have market forecasting abilities. There are many other techniques to get success in this business which traders learn with passage of time.

[hardworks]

Yes, i agree with this. And also, if we want to become successful trader, then we need to follow the basic simple systems available in the forums. This is the way to achieve one good trader. There is no other way to become successful trader. so, just stick with simple and not complex.

[aarti]

i don't agree about your last word this field want to knowledgeable people , because just remember while you join in this business you do not know anything about trading but just spend some time you are able to trade and than spend more time you will be able to get profits in here so i think this field only for whose peoples hungry for success in here .

[happyrichyyy]

Well I guess it not only requires knowledge, skill, information, but also luck and vision? It's like you predict something's gonna happen in a certain period and you do your trade according to the thing which is gonna happen. And if your prediction is correct then you will gain profit, otherwise it goes to the opposite direction which is not favorable. And sometimes even if you make a perfect prediction according to the trend, there still could come up something which is uncertain like the tsunami in Japan, so especially in this case luck does matter.

[happyrichyyy]

It's true, forex may bring you big profit but with big risk as well. To be a successful trader you need to get ready to take and manage the risk, and make the profit as much as you can. And you might also need to manage your greed, to make profit before the trend changes its way which is opposite to the one that favors you.

[abdullahmuslim]

be a professional trader is not easy but if we go through a serious learning will be able to master it with ease, and even this required a high patience to achieve it, may we all be able to become a pro trader

[golpo20]

Basic is vital with regard to speculator any time speculator be aware of essential consequently speculator find out progress analyze quite easily. As a result speculator probably know essential 1st. Physical exercise in exhibition company accounts interacting is quite ideal for speculator. speculator can easily be aware of essential accomplishing.

[happyrichyyy]

be a professional trader is not easy but if we go through a serious learning will be able to master it with ease, and even this required a high patience to achieve it, may we all be able to become a pro trader

Wow I really hope forex will be easy for me, because currently I just think there are quite a few things to read and learn, not sure when I'll be able to handle it with ease, hehe. I guess candlestick reading is something very basic and important, where I am now, it doesn't look so easy though, I wonder how everyone manages to grasp the idea and observe the trend and predict for some gain? Anyway with accumulation of experience it's gonna be easier and clearer I think.

[sazzad]

To become a successful trader in the Forex market i think every trader should learn about the market first then trade in demo account and have to try to create strategy examining with the various strategy and they have to use proper money management and have to control their emotion.

[syedraza]

Anyone who has a successful trader, all, every, everybody says and then using the Forex Demo Account Trading strategy did you follow the rules of practice and must learn to be as careful and these rules, may be a successful trader.

[golpo20]

currency trading might provide you with large profit although along with large chance likewise. To become effective speculator you have to get ready to adopt and deal with raise the risk, and make the profit approximately you possibly can. And there is also to manage your current greed, to create profit prior to a craze alterations its method which is other to help the one that party favors anyone.

[abdillahikbal]

If you want to succeed in foreign trade for its own strategy and its contents, that the currency trading, market trends and indicators used to determine the signal characterized, so that you are trading in foreign currencies.

sir we plunge right with the world's foreign exchange market is a benefit would be even faster even faster and thus a lot of times we just go as fast as lightning and we have been able to benefit as well of course with the skills

[Lia]

Anyone who has a successful trader, all, every, everybody says and then using the Forex Demo Account Trading strategy did you follow the rules of practice and must learn to be as careful and these rules, may be a successful trader.

to be a successful trader you must have the attitude that hard work and very disciplined in analyzing the market and one that should not be forgotten always in on demo learn to train our strategy

[ashar]

before trading we need to know the risks. Fear and Greed is the trader's disease. money management is very important, your account can be more secure if the discipline in money management rule