Qualities of a Good trader

[ketan]

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.

[keset]

I think a good qualification trader, the trader can be a good money management, can be a good analysis, trading psychology who has also trained.

[mayengbam]

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

every chart has its unique features and they are helpful to the traders irrespective of what they are, short term or long term traders. but yes some charts suits more to particular traders as stated above. though scalpers use 5m and 15m frames, they observe the bigger frames also

[nsawork]

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

I am using the M1 and the H1 charts and then when i am able to see the same trends in both of them then the trend will be clear.

Also this easily explains why traders are relying on the charts and that they will always get the real picture of the markets using them

[trijay]

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

although only a small capital, I dare intraday trading in style, with TF 4 h, I believe that the trader is able to discipline with trading systems and money management rules, it will be successful, traders usually have problems with discipline

[Ronak]

i agree with you brtoher, some trader may not seeing D1 chart as they prefer to use H1 or 15m, but actually the bigger picture of the trend will be seen on D1, and any open position you take should be based on it

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

[venkiaries61]

minimizing the risk is always better. it will help in surviving in the market for a long time. low risk means safety in forex. but the defect if one takes a low risk is gains also will not be handsome. taking little profit from each positions is also as guilty as having a loss

yes, i agree with you. Low risk gives good profit. If you risk high then you should lose in one day. It temporarily give profit. we should have to follow money management to avoid such risks.

[mayengbam]

Most of the traders like 5% or 10 % risk for their trades but i am not satisfied with this percentage of risk in think 2% or 2.5% risk is best fro a single trade. It will give you very good safe trading.

minimizing the risk is always better. it will help in surviving in the market for a long time. low risk means safety in forex. but the defect if one takes a low risk is gains also will not be handsome. taking little profit from each positions is also as guilty as having a loss

[trijay]

Most of the traders like 5% or 10 % risk for their trades but i am not satisfied with this percentage of risk in think 2% or 2.5% risk is best fro a single trade. It will give you very good safe trading.

I tried trading with MM 10% of the balance, but only learned in the demo, and in real i only use 5% only, I think the most rewarding experience is when trading with real account, because in the demo there is no psychological pressure

[ketan]

what do you mean by traffic here brother ? trading volume ? is there any correlation between our trading volume, experience and qualities of a trader ? i dont really understand