How to become a successful part time forex trader.

[nvsrao]

I follow the following steps to succeed in FOREX!

1. Find or designed just one strategy that is proven profitable, and implement that strategy everyday of your trading over and over again. Your purpose in trading is to earn, not seeking thrill and excitement, no need to have so many strategy it will only confuse you a lot.

2. Always implement money management in your trading...such as stop loss and risk reward .....minimize your losses....it will spill the difference.

3. This is the most important part in trading, understanding the psychology the market, you can have the best strategy in the land but if can't be discipline and consistent in implementing your trading rule, you still come out a loser.

One must understand the emotions that surrounds the market...such as "you can't control the market...or the market is always right"..."learn to accept that emotions are disastrous in trading"...."Losing is just part of trading"....."I must trust my system"...."There is no holy grail in Forex"...etc etc...

If you think you can do those three steps, then congratulation you are on your way in becoming a successful trader.

[ars017]

to become a successfull forex trader we should keep few things in mind we must learn the basic knowledge and training related to forex.other thing is we work on demo account before starting work on real acount it really gives you a lot of conidence and experience

[ars017]

we can become successfull in forex by gainig basic forex knowledge from various resources.knowledge and training related to forex is neccessary for the success in this field.we must work with full attention and full concentration for better results.

[damury]

I think to be successful at forex it is we never give up when an error occurs because of an error is the process of learning to become a great trader so all of that is part of the process, because no one else in the world, any trader who is never wrong, surely all been wrong

[gurmeet]

part time trading karke bhi hum acha earn kar sakten hain part time trading me bhi achi earning ho sakti hai bahut sare trader hain jo part time trading karke acha earn kar leten hain iss baat ko to mai bhi manta hun .

[ssdpa]

A trader is full time or part time it doesn't matter while focus matters for earning profits, a part timer should study the trend with interest and then try to trade with his skill and experience, there are many uncontrolable variables which is big challenge for full timers, while full timers can never control them.

[eh6fctn]

Yes it is true that trading is best part time business for every one. mostly student can get most benefit from forex trading business in his part time. i am also doing forex trading in my part time dew to less time. i and am earing a good money for forex trading in my part time. forex trading is best for for time trading.

[ali.khan]

I think forex trading are no need to as a full or part time trader i will let know forex trader are need certainly to a trader who have total understanding and complete experience of all types of forex market.

[endischa]

i think the way to became succesfull trader in part time trading is we have to make good trading
strategy in scalping position so we will know when is the right time to get in the market and we dont trade all the time.

[shaheens]

i have a lot of work to do at home which also requires me to go to different places and doing Forex as a part time becomes difficult for me so the solution i have find is to put the meta-trader software in my cell phone which saves me a lot of times.