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kafi achi post hai mery khayal say forex ka successful trader banny kay liye more practice and more knowledge ki zarurat hoti hay demo account es aim kay liye best place hai practice make a perfect demo account par six month practice zaroor karni chahye ager successful trader banna hai.
For that you need to do the technical chart analysis, basic and strategy,market knowledge and experience,honesty and patience these all of the thing have to consider in it for the trading and then you can become the successful trader in the Forex..
i believe to remain profesional trader we need to find out about forex 1st and once that weve in order to make good
cash management adn great strategy for our particular trading... we need to dicipline with these rule...
To be successful trader, you must learn in earnest. You also need to have enough experience to not lose
My opinion make discipline and also be patience with proper strategy is a real factor to develop this business become successfully and i also think that most of the forex trader are try to doing their business as best the can do, and try by time to time become successful forex trader
I agree along with you that it business is thus hard and it is going to be terribly hard indeed if we do trade if we don't wish to learn a lot of in your trade that many of us should be sensible in pursuit of information and also the pursuit of discipline to obey the rules
Many of trader know that,,,they must waiting till the right time come to entering or opening their order but then when they have not enough data they look at the chart they can take or get a profit at that time...several hours later that get loss...that was an example for a impatient people that try to win when there are no chance to win,,,we should using of smart mind to looking on the chance of winningQuote:
Originally Posted by pphashif
A very detailed analysis posted by you. That's great thing to do, that we must give in-depth details to our juniors. These are most common things which people do and that's why this business has been assumed very much risky. And also because of such traders sometimes market becomes volatile and reacts unevenly.
AS to my point of view a person here wants to be a successful trader that person should first of work in the demo account and then after getting knowledge and experience from that then that person should work in the real account and earn money .. !
if you are still newbie in forex trading, you should know that forex trading is very difficut business, you should learn about the market first then make analyze to take decision for make transaction, do practice in demo account at least 3 months and create your strategy, use money management to control your loss, patient and discipline are the key for success