Bhai dekho agar kisi ko successful trader banna hai to himmat harni nahi hoti hai, usko yaha par bas mehnat karna hoga aur agar usko loss hota hai to loss afford karna hoga aur koshish karte rahna kafi jaruri hota hai bhai.Quote:
Originally Posted by Mr. India
One year is quite enough time for some traders and for some traders it is very short time to even learn the basics of trading. There are various factors involved : Passion of the trader is one factor , I Q is another factor, mental stability is another one , personal attributes like greed , fear etc. are also important factors . Now some people with experience are quick learners and some are not . So it entirely depends on the individual personality and you can't give time frame generally to learn Forex.
one day hum approve kar skte hain ke hum waqi main real trader hain jitne bi traders hain wo trading karte hain or Forex ki market se profit bante hain But Forex ki market main humain trading karne ke liye complete learning ki zarurt hoti hai phele.
Yeah we can be, one day... here is my experience:: Successful day trading requires a combination of knowledge, skills, and traits as well as a commitment to a lifestyle. Are you adept with mathematical analysis, full of financial knowledge, aware of behavioral psychology (in yourself as well as others), and do you have the stomach for entrepreneurship? Contrary to the perceived notion of an easy life or easy money, day trading actually requires:
◦ long working hours
◦ very little leave from work
◦ continuous self-learning with no guidance
◦ risk-taking abilities
◦ a never ending commitment to daily activities of the job
The right mindset is the most important (and the very first) requirement in becoming a day trader. Begin by conducting a self-assessment on the above mentioned points. Unless one is prepared to devote time, self-learn and be mentally prepared to take risks and suffer losses, do not try day trading. Books like Trade Your Way to Financial Freedom by Van Tharp and The Psychology of Trading by Brett N. Steenbarger are also good resources for learning more about day trading and performing a self assessment.
Arrange Sufficient Capital: No one can generate profits consistently. Intermittent and extended losses are part of the day trading game (for example, a day trader may suffer eight loss making trades in a row and only recover with profit on the ninth trade).
To handle these risks, a day trader must have a sufficient cushion of capital. As Van Tharp explained in Trade Your Way to Financial Freedom, entering the trading world with only a small amount of money is a sure path to failure. Before quitting your job to trade full time, Tharp recommends having at least $100,000 for trading. Novices can start with smaller amounts, depending upon their selected trading plan, frequency of trading, and other costs they bear.
Understand the Markets: Day traders need a solid foundation of knowledge about how the markets functions. From simple details (like exchange trading hours and holidays) to complex details (like the impact of news events, margin requirements, and allowed tradable instruments), a trader needs to have a wide knowledge base. (Read more about How To Trade Forex On News Releases)
Understand the Securities to Trade: Stocks, futures, options, ETFs, and mutual funds all trade differently. Without a clear understanding of a security’s characteristics and trading requirements, initiating a trading strategy can lead to failure. For example, traders should know how margin requirements for futures, options, and commodities significantly impact trading capital or how an interim assignment or exercise of an option position can shatter the trading plan completely.
when the traders trade with their own experience they could get the good experience for this market and they know that when the market moves quickly and when the market get slow movement they could place any order any time and they make good profit from this market and they prove them as good trader of this market .
es trading market ke sath attach rehne wale traders ko experience hasil ho jata hey aur woh trading karte hoey es business men kafe income kar jate hen jo traders es market men intraday trading kate hen un ka experience increase ho jata hey aur woh aik experienced traders of this market ban jata hey .
bhia jitni zyasa mehant kor gay utna zyada earn kro gay aur expreinced bandey ban gao gay vese bhi apko jitna kam kro gay utna acha kam krne ka mouqa ille ga beco zpako pta hoga ke loss aur profit ke time kia krna hn :)
Jab aap apni mehnat ko continue rakhte hain aur apni practice gari rakhte Hain tab aapko success Ek Din Mil Hi Jati Hai isliye aapne apni mehnat aur apne practice ko stop nahi karna aur isko continue Rakhna Hai Jab tak aap ko success Nahi Milti nahi aapke liye Jaroori hai
bilkul right g wohi log ye prove karna pasand kartay hen jin k andar kaaam karnay ki lagan hoti hay...... bilkuul koi b trader start men hi successful trader nahi ban jata balke wo bohot hi kathan halat ko face kartay huay apnay aap ko prove karta hay k wo aik successful bussinessman hay... aik successful trader bannay k liay profit k sath sath loss b hota hay or jub loss hota hay to aik successful trader us loss ko improve karnay ki koshish karta hay or us loss ko recover karta hay..... yehi aik successful trader ki bohot bari kamyabi haay or wo successful trader hay
g bilkul dear aap ne sahi kaha hai mein aap ki bat se agree karta hon k hum forex market mein aik din hum prove kar k dikhane gy k hum forex market mein hum ne success hasil kar li hai hum