What are the requisites to become successful in trading?

[zeghbadrahem]

i think that you should control your emoion in the tow case of the wining or the losing when you do this step you will cut the half of the way of the success because as i heard that the trader feel that they revenge from the markets when they lost with big lot wich mean the lost of the othr money

[zeghbadrahem]

i think that you should control your emoion in the tow case of the wining or the losing when you do this step you will cut the half of the way of the success because as i heard that the trader feel that they revenge from the markets when they lost with big lot wich mean the lost of the othr money

[hsngs14]

to be successful tradere you have to do some practice on real account and try to use a lot of indicators and strategies and try to find the best money management for your account.

[newentry]

forex is a good business with Financial Freedom for the clients, they can manage by theirselves and there is no pressuring from the other side, but with this freedom, they have to have a good ability to face the market with clear..
good attention to this business will build a good system with supported by high discipline and of course discipline need patience too
as i know for some experiences that i have gotten from beginning till now, many things that i have learned and all must be supported by discipline and patience

[lax]

I completely agree with you as a strategy with money management is a prerequisite to become a successful trader in forex trading.Money management is one thing which reduces the risks of a trader thereby reducing the losses which also means more profits for a trader.

[shinde]

or becoming a successful trader we need:

1. Knowledge about the Forex markets

2. Time to study the markets

3. Proper planning of the trades

4. Well balanced strategy

5. Using both Stop Loss and Take profits

6. Going with the market Fundamentals

7. Implement any strategy in Demo before trying in the Real accounts

8. Maintain Focus on 2 or 3 currency pairs at one time.

[kulonikilaregunung]

this is not possible for a newbie that they start trading and earn in all there trading. and this is not possible that you will be a rich man in one year only. trading is a business where people work hard for 3 or 4 years and then earn good from trading but we don't say about this that they are rich after 3 or 4 years. so don't think that you are rich in one year. and your earning double in every month that is not true not impossible but not easy.

[ali1011]

We should good computer system ok without problem and good internet connection without any problem and we should open position in circule and and used good strategies and fallow good signals and learning side also should be good then you can make successful in you trading feature.

[rinjani]

often practice and perform a lot of learning from forex business is something that should be done well and correctly so that it can be done with serious that can accelerate the understanding of learning and insight that would be obtained with good and true.

It is true, forex trading can only be learned by practice directly.
without practice and only by studying the theory of course we will not be able to add trading capabilities we have.
because of trading experience we have will help us to gain profit.

[Phenom II X6]

a good knowledge of the market and the ability to analyze it well is the prime requisite to be succesfull in this field. and this quality cant be acquired easily, one needs years of experience to be able to analyse the market more accurately

aapne ekdum thik kaha bhai
acha trader ban ne ke liye amrket ki information hona bahut main baat hai
iske alawa apko analyse karna bhi thik se ana chahaiye....money management bhi bahut zaruri hissa hota hai