What are the requisites to become successful in trading?

[wazid201118]

I think everyone should have the basic knowledge of trading.They may learn them from their senior traders but if we try to trade without knowing anything about the basic of trading we will be failed.Sometimes we become fail for our wrong trading and we loss our profit.So a man without being skillful or perfect trader may loss his profit.

[Gab]

There are some requirement to become a successfull trader in forex market. In my opinion they are:
1. you need to be patient. I mean that sometimes you may get loss for a while but you need to keep calm and wait until take profit.
2. Sometimes, despite of your effort you still get loss you must accept it and continue trying.
3. Nothing is perfect so do not stop learning, try to learn more and more everyday.

[gosians]

yes knowledge is power. it is the requirement to succeed in any field in this modern age. but having the knowledge and not applying it properly will be a misuse of it and bring failure. so a good experience in applying the knowledge for our own benefit is vital to succeed. so knowledge with good experience is required to succeed in Forex........

Get proper knowledge is very basic thing in any business. When you will get proper knowledge your chance to become successful in that business will be increase and you car run that business for the long time. After get the proper knowledge, experience is must.

[Gab]

I am strongly believe that In Forex a large number trader can not make profit for only lack of qualities.
Which kind quality need for that are bellow-
1. Forex education (not full academic education)
2. Practical experience
3. Analysis power
4. Good eye cue
5. Plan
6. Faith
7. Concentration
8. Good applying result.
After all experience need to make money. Have to achieve must.

I agree with you but I want to give the second thing to the first because according to my knowledge although you have learn enough from the book you still can not trade good. You must use these knowledge to the practical market and from this you can get for yourself a unique system which helps you to analyze the market later.

[AHMEDALEX]

To succeed in trading you have to have the exact technical analysis and periodic follow-up of cases of economic and vital signs and the extent of its rise and fall, because it all affects the circulation so do not rush in before you can gain a good analysis of the market

[realman]

I am strongly believe that In Forex a large number trader can not make profit for only lack of qualities.
Which kind quality need for that are bellow-
1. Forex education (not full academic education)
2. Practical experience
3. Analysis power
4. Good eye cue
5. Plan
6. Faith
7. Concentration
8. Good applying result.
After all experience need to make money. Have to achieve must.

[kitt]

Learning is a life time process and it does not end at all at any stage of our life. I think we should not think ever that we are master of forex and we know every thing. If we keep learning the forex and learn from our previous mistakes then we we be successful traders for sure.

yes you are right i gree what you say ,learning is a life time process and never end in forex trading success in forex does not have only way there are alot of ways to gain and success in forex .

[suraj]

acording startegy i not bahi straegy kia kia connection ha money management se kuin koi b strategy 100% result nehe de sekti right to pher strategy for management ?
of course random bilkul b nehe kerni chahaye kafi nuksaan de oti ha ye
AIk confusion ho milha ta experince demo per wo real per kam kuin nahi kerta?

[suraj]

Han ye to ha technical point ho k kafi jarori hain lekan hum kevil in baaton pe rely nehe ker sekte Forex is an psychology game right so fir humhein apne emotion ko b control kerna ho ga aik aca trader bennen k leye

[suraj]

han bahi discipline hona chahaye trader or an rules ko follow kerna must ha kuin mein ne notice kia ha bohot se trader rules to bna lete hain lekan follow nehe ager successful tradwr bena ah to rules ko musty follow kerna hahaye and alos with good trading plan