Qualities of a Good trader

[mayengbam]

absolutely right. its better to stay away from the market or trading for a while when a trader have continous losing trades, it do happens because its a bad day and everybody experience it so the best option is to cool down and not to rush in to trade to get back the money dat is lost.

[yogesh]

In my view good traders are those which takes advantage of sentiments and when people are in panic due to short reasons wisde traders take this as an opporutnity to enter into positions and reap big profits as soon as the sentiments change.

[dmambi]

A good trader depends on his abilities to analyse the market and trade accordingly and make profit. He never thinks about the luck and do the trading like a pure business and make money out of it never complaining about the market conditions.

[nikhil]

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

[nikhil]

because they also have experience in various market conditions so they are very confident in their ability to see the movement of the market from a variety of conditions that exist

[nikhil]

no one can help you other than your own knowledge so I remember the message of the ancients that knowledge is very good for humans and determine the quality of human life its

[kamla]

yes friend its really play a great rule to loss again if we unable to concentrate with our full attention. actually when there is some loss then naturally it happen to unable to keep mind cool and due to recover soon or revenge mentality we enter the market again and ultimately loss again. so its really necessary to keep concentration first and if loss then better not to trade few times.

[hiren]

May be its true but when every moment there is possibility to change market condition then previous days thinking may not work sometime but i think its help some time to us if that day we do good . anyway i think its always better to follo trend and in this way set the strategy.

[nikhil]

yes its good to watch 15 M chart for short but i think its also good to watch 1 H and i always do this but i sometime watch 200 days EMA also to enter long if there is price go higher this 200 days EMA . and i believe it will be more easy if we have more and more knowledge of forex.

[hiren]

you are absolutely correct friend . without practical knowledge and much experience its really hard to servive in forex and practical knowledge give us much more things like money management and controling ourselves.