Thread: Qualities of a Good trader
patience is one of the key when trading, with no patience will be easy once we do overtrade ...Originally Posted by nikhil_rrane
whereas if you do overtrade it will endanger our money management ...
A good trader is a trader can generate profits from trading ...
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
shakeel2017 (2018-03-09)
Yes Good trader must have patience. there is not any patience testing have to occur in the good traders. Good traders always place less orders they do not overtrade. Money management is really well managed by them.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
shakeel2017 (2018-03-09)
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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
"We dont get paid for activity, just for being right. As to how long we will wait, well wait indefinitely."- The Legend Warren Buffett."
shakeel2017 (2018-03-09)
A good trader will never give up, and have a very good patience to learn and adopt to the changing market conditions.
I am hoping to become a good trader and cultivating these characteristics.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
shakeel2017 (2018-03-09)
i agree with you but we can maximize some profit with just take same direction for some TF,it means that if we are as scalper so we use small TF but we open order when small chart has same direction with high TF, i always do it and the results is better than we use only small TF without we compare with high TF
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
shakeel2017 (2018-03-09)
forget the pshycology for a moment, what about the stuborness?
they are stuborn and never give up, so its another key factor in their success
Pliz do comment here if you like the post
shakeel2017 (2018-03-09)
Different time frame charts are used for different trading techniques.If you do scalping then 5 - 15 mins chart is used and for intra day and position trading 1 day time frame chart is used.All time frames charts have different significance.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
shakeel2017 (2018-03-09)
yeah, myself totally agree with you that emotional control are key to success in forex market.
If you will able to control your fear and greed emotion on forex market. Then, you will surely become successful in forex market someday.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
shakeel2017 (2018-03-09)
Yes good trader must have quality like he will able to track the technical positions of the chart. He is well feed with courage so that emotion will not hurt his mind. He always uses the stop loss to his order to prevent the capital loss.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
shakeel2017 (2018-03-09)
I think to be a good traders must have good fundamental and technical analysis power, free from greed and fear, able to deal tough situations properly
and must have enough experience in this trading
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
shakeel2017 (2018-03-09)
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