Qualities of a Good trader

[gosians]

Good trader ki ak quality ye b hy k wo trading kny sy phly plane krta hy aur phy us plan k mutabik trading krat ahy. Ma plan krta hon but us plan k oper chlna mushkil ho jata hy greed ki waja sy aur ma plan sy hat k b positions open kr lyta hon jis ki waja sy mjy loss b bear krna prta hy.

[mayengbam]

"Never quit" thats the mantra of successful traders

successful persons fall uncountable number of times but they never quit untill they achieve what they want. And that is one important quality that divides the losers and the winners.

A successful trader too face loses and margin calls many times initially but they never quit and continue laerning and trading till he becomes successful. But a loser will quit after some initials setbacks

[sanjeev]

jis trader ne apne emnotions and patience pe control kar liya wo ek bahut hi sucessful trader banega aage chalke..
iske alawa money management aur studies bhi bahut zaruri hai lekin agar aapke emotions aur patinece apke control me nahi hai to ye studies bhi aapek liye bekar hai

[mayengbam]

jo bhi trader emotions aur patience ko control me rakh ke tarding karta hai wo zarur market se acha pasia kama ke jata haui
emotions aur partiens aapke account ke liye bahut zaruri hote hai...har tarding platformn me emotions ko comntrol me rakh ke patience ke sahare trading karni chahaiye

Having patience is very important especially for the forex aspirants. Sometimes while trading a newbie finds that his positions are going wrong and he got panic the moment it shows some loses. He have a big urge to close it and unable to control the emotion and losing the patience he closes the position and as soon as he closes it, the market begins to move in the direction of his earlier prediction.

This situation occurs most of the time in case of the newbies, that is why its important to control the emotions and to learn having patience.

[anubhavsingh]

absolutely right buddy. emotions and patience play a big role in trading forex. succesful traders know the value of having patience and control their emotions. they are willing to learn and are good learners and update their knowledge frequently.

jo bhi trader emotions aur patience ko control me rakh ke tarding karta hai wo zarur market se acha pasia kama ke jata haui
emotions aur partiens aapke account ke liye bahut zaruri hote hai...har tarding platformn me emotions ko comntrol me rakh ke patience ke sahare trading karni chahaiye

[Ronak]

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.

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

There may be numerous qualities in a good trader but one important quality which I want to share here is that the trader must be mature enough to control his emotions during the trading.

controlled emotions is sign of good trader..if we have good experience than trading will be easyy to perform and also emotions will automatically controll as we have good experience in forex

[mayengbam]

You are right the we can't control the emotions to see the floating trades whether they are going in positive or negative. I used to to set SL and TP and left the screen. It is not like that I just leave it, ofcorse I used to check it after some time interval.

yes to use the sl and tp target is a very good way to trade provided the targets are calculated well else it happens many times that the sl target hits first and then reversing to hit the tp target again. the result will be loss only in this case.

There may be numerous qualities in a good trader but one important quality which I want to share here is that the trader must be mature enough to control his emotions during the trading.

Agree we have been discussing in length about controlling this emotions because it can ruin our trades. But we also know that emotions are in-built human qualities and it is alwys involved in whatever we do. so controlling it is easy to say but really a very very difficult thing to do.

[imbest]

dude u r absolutly right. par jab trade chalu hota hai toh mere hisab se aisa koi bhi nahi rahega jo apna emotion control kar sakta hai ..maybe 0.1% people rakh sakte hoge

You are right the we can't control the emotions to see the floating trades whether they are going in positive or negative. I used to to set SL and TP and left the screen. It is not like that I just leave it, ofcorse I used to check it after some time interval.

[Victoryindia]

There may be numerous qualities in a good trader but one important quality which I want to share here is that the trader must be mature enough to control his emotions during the trading.

dude u r absolutly right. par jab trade chalu hota hai toh mere hisab se aisa koi bhi nahi rahega jo apna emotion control kar sakta hai ..maybe 0.1% people rakh sakte hoge

[nuh514]

We know a lot of people have become successful and making lots of money trading in forex. What are the qualities that makes him/her different from the rest making him/her succesful and profit making trader? lets discuss this topic here friends

There may be numerous qualities in a good trader but one important quality which I want to share here is that the trader must be mature enough to control his emotions during the trading.