What are the requisites to become successful in trading?
[I]Everyone wants success in FXtrading. But most of them fails, The main reason they lack the qualities to become successful. So what friends lets discuss this here
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What are the requisites to become successful in trading?
[I]Everyone wants success in FXtrading. But most of them fails, The main reason they lack the qualities to become successful. So what friends lets discuss this here
I think most people fail in forex because of the lake of knowledge, they do not have enough practice
on their demo accounts just rely on luck and may be successful several times but never survive
and also the greedy users want to make a lot of money in a short time. When they have no patience
and they trade a lot big without enough experience or practice
In my opinion the enthusiasm to find out is incredibly vital, "Great leaders area unit nice students" we must always always remember that, therefore to productive success we must always be zealous associated have an enthusiasm to find out then solely we are able to become successful. Besides that a continuing observe / commercialism is important as a result of hands on expertise area unit much more than scholarly information. therefore Learning and observe can build a merchant no-hit that is what i think.
You are right hard work and playing that the keywords have an process be successful and the time trading friend get better understand with an odd because the time give experience and the forex business online
trading mein successful hone ke liye aapko apni knowledge aur experience bdhana bhuut zaruri hai... smart work krte hue aap apni knowledge ko hrr jgh pe lgaye aur jha mauka mmille apni knowledge ko enhnace krre books read krrke... trade krre using a demo account... aur jaise jaise aap trading techniques sikhte hai usse dusro ke saath share krre jbb hum dusro ko sikhate hai toh hume bhi unse sikhne ko bhuut kuch milta.
Yes, before the trading of learning must be a loss must. For me the main requirement to be
a successful trader is the determination of a trader to be successful. If a trader starts
to learn forex with the aim that he will become a successful trader and study forex with full determination
then it is not difficult to become a successful trader at all.
In order for your success you will never stop learning .. You should always think of yourself as a newbie ..
Even if you have several years experience .. You can not stop looking for new ideas ...
And most importantly you must comply with the rules and rules of forex every when ..
If you can do this then sure you will shine as a star in forex in the future ..
Surely trading with blind is very bad for all traders, it only makes our account gusts.
This happens because we do not apply good rules like money management and risk management,
we only trade like gambling without doing good analysis and strategy, although not using any strategy,
it is very bad for traders.