Qualities of a Good trader

[cumil]

To be successful in forex trading, you must be disciplined. It is the key to success in our trades. I`ve tried my best to develop my discipline and it now seems to work just fine.

to be disciplined must have a trading plan though simple to be comply with the rule that has been made, so trading is based on the rule with consistently so that establish discipline

[anubhavsingh]

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

jitna zada time duration ka chart dekhoge utne zada cheeze clear hoti hai
1 day ka chart bahut acha rehta hai long term trading ke liye
daily trading ke liye 1 hour aur 4 hourbest hai
15 min se aap support resistance check kar sakte ho

[mayengbam]

ha bhai maine aapki baat se agreed karta hu ki agar hum disclpined me rahe jasie ki lot size aur etc to hum achi tarah se profit bana sakte hai chahe wo thoda hi profit kyu na ho

yes buddy success requires discipline. discipline is the key to success in any field be it business sports or studies. Only a disciplined person can excel in life. in trading too we need to discipline ourselves and follow the basics. only then success will follow

[Victoryindia]

To be successful in forex trading, you must be disciplined. It is the key to success in our trades. I`ve tried my best to develop my discipline and it now seems to work just fine.

ha bhai maine aapki baat se agreed karta hu ki agar hum disclpined me rahe jasie ki lot size aur etc to hum achi tarah se profit bana sakte hai chahe wo thoda hi profit kyu na ho

[mayengbam]

indeed we should closely monitor our trading and find out/seek the reasons for the win/loss then only we can make the process simpler for our advantage

[denira]

agree dude, these are the simple basics which is essential to make priofits in this business. one should not make the trading process complex, making it as simple as possible and sticking to the basics mentioned above will definitely solve all the hurdles in ones way to success

anything that makes us able to succeed at least we observe well because then we will be better able to conduct trade with the simple because the harder we try this in forex simplify the understanding that we have

[mayengbam]

jo log stop loss used karte hai aur over trading na karte ho aur 10% se kam ek position me apne balance dalte hai, ye sab chiz hoti hai good trader ki quality

agree dude, these are the simple basics which is essential to make priofits in this business. one should not make the trading process complex, making it as simple as possible and sticking to the basics mentioned above will definitely solve all the hurdles in ones way to success

[Victoryindia]

jo log stop loss used karte hai aur over trading na karte ho aur 10% se kam ek position me apne balance dalte hai, ye sab chiz hoti hai good trader ki quality

[100c�]

To be successful in forex trading, you must be disciplined. It is the key to success in our trades. I`ve tried my best to develop my discipline and it now seems to work just fine.

Yes you are absolutely right no more requirements if you are a discipline trader and always remain discipline trader and never breaks your rules. Other way you should control emotions and greed and over come on them then you will not lose your money in Forex.

[Ganesh]

well i saw a lot of replies here saying tht controlling emotions is the best way but i will say there is a lot to becoming successfull in this business, for eg. you got to learn a hell lot tactic's and go through a lot of analytic's to even get to know everything in it, and most of all the real game player is the one who knows all abt the elements used in it ND ALSO the one who can get the superb starategies