What are the requisites to become successful in trading?

[trishabirati]

I think forex education is the requisites in forex trading and we know we can make money but for that we need to work hard and we have to develop our trading skill and we need to be skilled and disciplined traders.

[fx4somethin]

The conditions to become a successful trader are so numerous, but I just want to tell you some of them. Make sure that you are not over trading as this alone has a potential of ruining you if the trades you placed are running against you. It will so weigh down your margin that if care is not taken some of your positions can close owing to margin call. secondly, No matter how good your strategy is , do not trade without a stop loss. Even if you are a money bag, if the money is not well manage you can be brought back to square one. Use a considerable lot size to place orders . Try to avoid unnecessary fear to rule you while trading as this is one of the giant killer in forex.

[fxbirati]

To get success in trading then we have to follow the following rules in trading
- we have to trade with true trend
- we need to develop a trading strategy
- we need to avoid emotional trading
- we have to understand that knowledge is the power of trading.

[Medo.Forex]

I suspect only a requirement if you want to become a successful trader in this trade business is or hard work and internships because hard work will help you learn better and can understand better Forex trading, But too difficult for you to become a successful trader

[mix]

Well personally with me I believe .you well know about it every one is the best and successful trader all over the world who follow some rules of the market like he wait for the market trend read the forecast of the market on daily basis and he is not be greedy person

[sk116]

In my opinion the eagerness to learn is very important. Great leaders are great students . we should never forget that, so to be successful we should be enthusiastic and have an eagerness to learn then only we can become successful.

[xaxi]

yes dear there is no doubt that there is always room for improvement all the time, moreover overconfidence is a negative quality and not good for trading too. So its better to always try to improve for the better and it will generate more energy to gain more, bro.

[M.USMAN]

Forex trading business me successful honay kay laye traders ko huge and quality experience ki zarorat hoti hai.Ap ka experience acha ho ga tu ap trading me easily successful ho saktay hai.Trading me greed say avoid karna bhi zarori hai.

[xaxi]

dear in forex trading I think to become successful in trading we need to make a unique and new trading strategy taking all the best inputs from other trading systems. The more we try to copy others trading systems and make quick profit the more we fail.

[dafi]

well dear to me I strongly believe hard work is the most powerful force in any business. with hard work you can consume a lot of knowledge that you need to succeed in this business. with it you can also put a lot of focus to monitor the behavior of the currency pair that you watch.