What are the requisites to become successful in trading?

[anubhavsingh]

I believe a good computer system with a good internet connection is a very important requisite to trade also. We know how it is quite frustrating when requotes pop up every now and then if the net connection is slow.

Aapki bat bhi thik hai bhai
computer aur net connection sahi hona bhi bahut zaruri hai forex ke liye...forex ko seirusly karna bahut zaruri hota hai kyunki agar aapse koi acha chance miss ho jata hai to fir ache chance ke wait karna apdta hai ..iske liye aapka internet aur computer ekdum sahi hona chahaiye

[denira]

yes, i agree, at the beginning a trader have to choose whether they will be a scalper, swinger or other. its a hard thing to do if we combine them all, let alone newbie, some pro are specializing their self with a trading style. Off course it will be good if we able to win on any trading style

of friends they need to have their specialties to make it easier for us to recognize our own trading style should not have a lot of trading style, but we do not understand it well

[motiurbd]

Money Management, Good Analysis, Sound Trading System, Discipline, Well Informed and Most Importantly Emotionless... These are the pillars to be successful in this biggest and most volatile market of this earth

[anubhavsingh]

i want to succes in this bussines too, but i know to be a succesfull trader is need long time and hard work. because it still now i keep my learning.

you are right brother
successful trader needs to be menatlly strong so that he can analyse market strongly and then open and close his trade
This proces require lots of experaibnce and studies..For becoming successful trader, you have top spend lots of youyr time in front of forex screen

[ganguly]

i want to succes in this bussines too, but i know to be a succesfull trader is need long time and hard work. because it still now i keep my learning.

[vicky]

yes I agree with you,
but the first thing we find is a good technique,
so that it can create a good learning experience too.

i am agree with you because without good strategy its really hard to make consistent profit from our trade and trully saying from many days i am trying but still not get such strategy which give me consistent profit . so i think we need to keep pursuing it untill it not come to us and i am still trying to find and not giving up untill i dont find.

[blackprince4u]

yes I agree with you,
but the first thing we find is a good technique,
so that it can create a good learning experience too.

Well i say that choose a style like scalping intraday or swing and than start by your own strategy and if you get loss ponder over the reasons and modify the strategy if you get loss again than again modify your strategy and keep modifying until you generate consistent profits.

[arjun]

i think a successful trader is combination of 3 things, technique(whether chartist os fundamentalist), mentally strong (pyschological factor over here) and experience, with those 3 combination you will be a complete trader and you can play with the market

yes I agree with you,
but the first thing we find is a good technique,
so that it can create a good learning experience too.

[fravash]

i think a successful trader is combination of 3 things, technique(whether chartist os fundamentalist), mentally strong (pyschological factor over here) and experience, with those 3 combination you will be a complete trader and you can play with the market

[anubhavsingh]

Money management is one of the step to save our capital and if we unable to do it then its really hard to manage our capital because then we will not have any plan. anyway money management and good trading plan can give us significant profit .

AApne ekdum thik kaha
successful trader banne ke liye money management bahut hi zaruri hota hai kyunki bina money management ke aap kabhi bhi apne money klo thik se use nahi kar paoge
Iske alawa time management ki bhi bahut zarurat hoti hai kyunki thik time pe thik trade open karna aur usse thik time pe closek arna bahurt zaruri hota hai