Become a Successful Forex Trader.

Dear forum members ,, hum ko forex mein successfull trader ban,ne ke liye chahiye ke hum es ko learn kerne mein din raat mehnat karein aur ess mein patience se kaam karein ....

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Originally Posted by 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:

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bhai acha trader hne ke liye app ko mahnat tu karna he ho gi agar pp ke oass market ko smajhne k acha experinece hona bohut he lazmi hai aagr app ke pass experirnec ho ga tu pp ke liy work karn market mein bohut he simple ho jye ga

Dear, To be a three-level crown seller, you must follow these things first.
Analyze first in your favorite currency pair. Load three strategic plans.
Develop four fund management and risk management plans. Be careful in reaching size five.
t wait a long time to get a big profit of half a dozen. use profit taking and stop loss for each order. thanks.

successful trader hone k liy kuch important traits hai woh har ek trader ko sikhne chahiy jese ki money management, risk management , risk and reward ratio and technical analysis , fir ek trader successful ban jata hai experience or trading k sath,

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Originally Posted by incomejobs

bhai acha trader hne ke liye app ko mahnat tu karna he ho gi agar pp ke oass market ko smajhne k acha experinece hona bohut he lazmi hai aagr app ke pass experirnec ho ga tu pp ke liy work karn market mein bohut he simple ho jye ga

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yes i agree with you for become a successful forex trader, trader make their experience better and trader work with interest and hardworking and trader use best trading methods in market and trader do not use bad things in market and trader always follow the market right direction then he/she make their trading successfully

if a trader will learn first and then use learning properly so in this way we have chance to perform good and we get able to perform with our best efforts when everything is good and applied well to trade we will able to gain successful trade results with it . we must need gain some good experience with knowledge if we want really earning in forex. If we eliminate our mistakes then we can get success easily in this business.

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Originally Posted by anton

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



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

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g bilkul forex aik kamyab trading hai mein forex se bilkul agree ho aur forex world number one site hai ye dunya ki top sites mein se aik hai ap forex se boht asani se earning kar saktay hai sab se pehlay hamay dekhna ho ga k forex trading markiet kitni deep hai aur ye logo ko achi earning dati bhi hai k nahi agar ye logo ko achi earning dati hai to forex trading world best site hai real kam karnay se pehlay hamay demo ki achi tarha se practice kar laney chahiye demo ki practice ap ko bata de ga k apnay emotion kis tarha control hotay hai aur trading kis tarha ki gati hai

agr koi bhi successful trader ban na chahta hai to aapko mhant krni hogi kadi mhant, or phli baat ye ki ha starting me aap bhut loss kr skte ho pr aapne haar nhi manni hai aapko lge rhna hai forex se jude rhna hai, dhire dhire aapko experiance hoga ki aap profit earn krne layk ho gye ho, qki jb hum kisi bhi chiz me time spend krte hai to hum kamiyaab ho hi jate hai.

If 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.

In forex when you want become successful you need learn basics of forex and seek knowledge of forex from experienced trader then start trading in demo account and observe market and its up and down then make you way to trade well as need to do.