Why are some traders successful?
Mitglied seit Jul 28, 2022
11 Posts
Jul 28, 2022 at 04:43
Learning and being cautious when it comes to trading might result in that.
Mitglied seit Jul 26, 2022
52 Posts
Aug 02, 2022 at 12:12
According to me consistency and learning can lead you towards the successful path in forex market
Aug 23, 2022 at 23:46
If want to become successful trader, we should learn to follow successful people, and learn from them to be motivated, maybe the way to become successful is different for each other, there are successful trader who works in PAMM trading, there are a successful trader who works in a bank commercial, we just find the way to success based passion.
Mitglied seit Jun 06, 2022
14 Posts
Aug 27, 2022 at 14:19
Forex trading is hard for 95%+ to be profitable long term. If you can't trade, just stop and buy dividend stocks, real estate etc.
After 8+ years of being a profitable trader, every single trader I have 'known' has failed and stopped except me.
I have no secret, no magic setup.
Just the right combination of talent, intelligence, risk appetite, bankroll management, 'balls', insight, and dedication to succeed.
I have flipped countless accounts from $500 and grown to $2k+, made $20k in a little over a month, had over 70 trades in a row go my way, consistently have win rates over 70%.
Now I trade with around $5-10k a month, and usually make at least $500 a week. Each week/month I make more than I expect, I pull out and reset the growth, to protect the profits.
After 8+ years of being a profitable trader, every single trader I have 'known' has failed and stopped except me.
I have no secret, no magic setup.
Just the right combination of talent, intelligence, risk appetite, bankroll management, 'balls', insight, and dedication to succeed.
I have flipped countless accounts from $500 and grown to $2k+, made $20k in a little over a month, had over 70 trades in a row go my way, consistently have win rates over 70%.
Now I trade with around $5-10k a month, and usually make at least $500 a week. Each week/month I make more than I expect, I pull out and reset the growth, to protect the profits.
Protect against loses and the profits take care of themselves.
Mitglied seit Feb 16, 2022
119 Posts
Aug 28, 2022 at 13:37
Majority of the traders have eagerness but don’t have passion. Passion is such a quality that drives a man ahead and it is true to the bone for a trader.
Mitglied seit Aug 08, 2022
20 Posts
Sep 01, 2022 at 10:06
Every trader is different and has their own unique approach that works for them. However, there are some common traits that successful traders tend to share, such as discipline, a willingness to take risks, and a focus on long-term goals. Of course, there's no guarantee that you'll be successful just because you have these traits, but they definitely give you a better chance of success than if you didn't have them!
Mitglied seit Aug 02, 2022
24 Posts
Sep 06, 2022 at 06:26
Some traders are successful because they have worked very hard. They devoted time to understanding the market structure, conducting careful analysis, and following a plan with discipline. They are skilled and have a strong hold in their emotions. To become a successful forex trader, you have to think and act like them. Stay disciplined, focused, and consistent. Treat forex like a business and trade with all your might.
Mitglied seit Aug 17, 2022
80 Posts
Sep 13, 2022 at 10:33
henrytrade posted:Yes, consistency is crucial for long-term success, but other factors like patience, smart trading, and the right strategies also help you to become a successful trader.
Traders who are consistent with their trades, in my opinion, are the most successful.
Sep 14, 2022 at 17:08
Forex education is compulsory for traders who want to shine from trading. There are different forms of education available now and achieving it has become quite easier. So, devote yourself to learning and practicing as much as possible.
Sep 15, 2022 at 06:56
SteveFx11 posted:
Forex education is compulsory for traders who want to shine from trading. There are different forms of education available now and achieving it has become quite easier. So, devote yourself to learning and practicing as much as possible.
But many of trading educators are conman, they are not real trader. Yes, trading education biz is huge nowadays, but find a good quality education is still not an easy job.
Choose your fight!
Sep 15, 2022 at 06:57
electrica333 posted:
Yes, consistency is crucial for long-term success, but other factors like patience, smart trading, and the right strategies also help you to become a successful trader.
Agree, consistent operation alone is not enough to achieve consistent profit.
Choose your fight!
Oct 03, 2022 at 07:21
Forex creates a great career building opportunity for traders and it’s a 24-hour open market. It is the largest money market in the world where a broker serves a trader with all necessary facilities. Select a regulated broker so you can get support. Here, brokers work as an intermediary.
