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Thread: Qualities of a Good trader

  1. #457
    Senior Member newentry is a splendid one to behold newentry is a splendid one to behold newentry is a splendid one to behold newentry is a splendid one to behold newentry is a splendid one to behold newentry is a splendid one to behold newentry is a splendid one to behold newentry's Avatar
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    Quote Originally Posted by aniket View Post
    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.
    good idea, to watch time frames at 1H - 1D, we can see the trend with clear and then we will be sure to open position at the smaller time frames that has same direction with the higher and because we trade with follow the trend
    do the best we can

  2. #456
    Member ketan will become famous soon enough ketan's Avatar
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    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.

    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.


  3. #455
    Member aniket will become famous soon enough aniket will become famous soon enough aniket's Avatar
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    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.

    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.


  4. #454
    Senior Member rakesh is just really nice rakesh is just really nice rakesh is just really nice rakesh is just really nice rakesh's Avatar
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    I think a good trader must have a trading plan that has been tried and made ​​well, has good experience of trading psychology, analysis. etc. and also always learn from past mistakes.

    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.


  5. #453
    Senior Member rakesh is just really nice rakesh is just really nice rakesh is just really nice rakesh is just really nice rakesh's Avatar
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    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.

    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.


  6. #452
    Junior Member Garry is on a distinguished road Garry's Avatar
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    to become a good and successful trader , we should forgot the money , a hope to win is necessary . qualities of a good trader are patience, high level thinking, intelligence , smartness, information about current trend and a lot of trading experience.

    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.


  7. #451
    Member realfun07 has a spectacular aura about realfun07 has a spectacular aura about realfun07 has a spectacular aura about realfun07's Avatar
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    Quote Originally Posted by anchitkole View Post
    A successful trader must control their emotion during forex trading, don't fear from loss, trade with confidence, make good planning, carried out maximum practice on demo to improve their knowledge
    A good trader always has good control over his emotions and uses proper money management to exercise his control.Also a good trader practices his strategy first in demo account and make sure it is profitable and then trade with it in real account.

    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.


  8. #450
    Senior Member anchitkole is a glorious beacon of light anchitkole is a glorious beacon of light anchitkole is a glorious beacon of light anchitkole is a glorious beacon of light anchitkole is a glorious beacon of light anchitkole is a glorious beacon of light anchitkole's Avatar
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    A successful trader must control their emotion during forex trading, don't fear from loss, trade with confidence, make good planning, carried out maximum practice on demo to improve their knowledge

    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.


  9. #449
    Junior Member Garry is on a distinguished road Garry's Avatar
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    well , good traders should be well disciplined , determinate , mentally active , smart , intelligent and patient .
    he/she should under his/her control and have the good reaction on losing or gaining something.

    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.


  10. #448
    Senior Member anchitkole is a glorious beacon of light anchitkole is a glorious beacon of light anchitkole is a glorious beacon of light anchitkole is a glorious beacon of light anchitkole is a glorious beacon of light anchitkole is a glorious beacon of light anchitkole's Avatar
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    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.

    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.


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