Qualities of a Good trader

[lax]

a good trader will always be disciplined.
he/she will always follow strict MM rules.
wont have any greed and will control emotions.
will always think twice before entering a trade.
i think these are the qualities of a good trader.

[dickvr46]

A successful trader must control their emotion during forex trading, don't fear from loss, trade with confidence, make good planning, carried out maximum practice on demo to improve their knowledge

A good trader always has good control over his emotions and uses proper money management to exercise his control.Also a good trader practices his strategy first in demo account and make sure it is profitable and then trade with it in real account.

[lax]

haa woh to hai...jo kisi aur ki galtiyon se sikhe wahi genius kehlata hai...aur trading mein choti se choti galti bhi bade loss mein convert ho sakti hai.to dhyaan se trading karni chahiye

[lax]

yeah right..discpline and enthusiasm is thing that needs in every business..if u have good knowledge and experience than u must follow discpline and u must have patience then u will be success ,,though u have good knowledge ,,it will be worthless without discpline and patience

[dickvr46]

well , good traders should be well disciplined , determinate , mentally active , smart , intelligent and patient .
he/she should under his/her control and have the good reaction on losing or gaining something.

He must have a good trading system also not only gambling
he must be confident about all his decisions & can manage his capital well
choosing a good trading system also is a good character that qualifies to be good trader

[aadrika]

The best quality of a good trader is discipline. Discipline is the ability to tame the emotions and only trade when the conditions are right. Any forex trader that is disciplined is a good forex trader that will last long in the forex trading. Discipline is what will cure greed, fear and overtrading which are the major causes of loss in forex trading.

[bestlooser]

yeh baat badiya kahi apne,m ki haam logo ko jab ham log forum mein ya fir kahi aur forex ki jankari lete hai toh waha par jab dusre senior logo ne unke loss ke karan bataye hote hai toh unhe note kar ke apne yaha par avoid karne ki puri koshish karni chahiye kyuki experienced members iss busines ko achi tarah se jante hai toh woh log exactly bata sakte hai ki small galtiya kaha par ho sakti hai aur woh kaise na kare toh hame jarur hi senior members ki batein sunni chahiye, mein bhi apne iss indian forum se bahut kuch padhkar dimag mein rakta hu aur jyada karke loss avoid karta hu.

yaahn jitne bhi log hain woh bohut seekh jaate hain forex k baare mein per amla nahi karte so jo seekho woh karo bhi aur seekhne ka faida kya jab karo ge nahi woh.
sab ko pata hai forex mein risk nahi lena chahyie phir bhi log risk lete hain aur nuqsaan uthaate hain aur jo log basic ko follow karte hain un ko koi masla nahi hota

[shinde]

use of chart is based on the trading style...because if we are doing scalping then D1 chart wil not help but 15m or 5m is needed to be considered...and for day trading 4h or 1d chart will usefull

[shinde]

Yeah,,,,patience is neeeded while doing forec trading.and forex is all about hard work and knowledge...those ,,who trader makes the good experience with daily trading can be good trader,,,learning is must in every stage of trading

[indra1991]

yes if a person has spent enough time on a demo a/c and has all the knowledge required to trade with consistent profit by his strategy then he will sure not fear of loss and will always be confident in what he does in forex.

in the demo we did not use strong self psychology. so my sense of loss in the demo and real accounts are very different. to become a trader who has the qualities. must learn from real account instantly. although the lot that we use very small