To shine in forex

Jan 17, 2021 at 07:51
5,094 Views
93 Replies
Member Since Aug 11, 2017   886 posts
May 10, 2021 at 10:32
Forex market place is a part of ocean where there is anyone who can survive in a proper way without most powerful analyzing trade knowledge; if you are a newcomer please go to Babypips School which is very supportive for the newcomers to acquire all fundamental knowledge. And trade a demo account at any broker, learning and practicing is a great combination and this can will help you must be if you try it.
Member Since Sep 12, 2017   238 posts
May 10, 2021 at 10:51
for shining one needs to be disciplined and focussed on what and when to do
Member Since Dec 05, 2020   81 posts
May 13, 2021 at 11:54
Practice and experience is what will help you shine in forex. That has given me great results atleast :D
Member Since Mar 23, 2020   21 posts
May 13, 2021 at 16:42
Patience, discipline and never giving up

Experience is the hardest teacher because she gives the test first, the lesson afterward.
Member Since Mar 30, 2021   9 posts
May 14, 2021 at 10:10
Never stop learning and analyse EVERYTING
Member Since Feb 16, 2021   29 posts
May 16, 2021 at 07:33
You can really learn the theory and think that you can easily trade. But in practice, it turns out a little differently.
Member Since Dec 21, 2020   36 posts
May 17, 2021 at 12:28
FedericoLin posted:
Patience, discipline and never giving up

Good and simple advice. Appreciate it.
Member Since Jul 19, 2020   751 posts
May 30, 2021 at 13:00
Knowledge becomes successful only when we can apply it properly. Execution is essential. A lot of individuals can't execute their knowledge due to absence of discipline and plans.
Member Since May 31, 2021   13 posts
May 31, 2021 at 06:43
To shine in the forex, along with knowledge, discipline and patience, traders should keep in mind the following points as well:

-Choose and test a consistent trading strategy.
-Set a risk/reward ratio to 1:2 or higher.
-Set realistic profit targets.
-Avoid the use of high leverages.
-Do not invest more than 5% of trading capital on each trade.
-Keep a trade journal.
-Do regular market research.
Member Since May 31, 2021   35 posts
May 31, 2021 at 07:20
eddieteddie posted:
To shine in the forex, along with knowledge, discipline and patience, traders should keep in mind the following points as well:

-Choose and test a consistent trading strategy.
-Set a risk/reward ratio to 1:2 or higher.
-Set realistic profit targets.
-Avoid the use of high leverages.
-Do not invest more than 5% of trading capital on each trade.
-Keep a trade journal.
-Do regular market research.
Agreed to your all points, these will definitely help each and every trader here.
Member Since May 31, 2021   48 posts
May 31, 2021 at 07:50
Trading is an art, and the only way to become proficient is through consistent and disciplined practice.
Member Since Apr 01, 2020   231 posts
May 31, 2021 at 10:21
To shine and be successful in forex you always need to learn the basics of forex first and must understand the forex completely.
Member Since Jul 27, 2020   81 posts
May 31, 2021 at 11:06
Achieving professionalism in we go to a high level of trading and this has reached the dark already quite significant income
Member Since Jul 19, 2020   788 posts
May 31, 2021 at 16:18
winning_trades posted:
Trading is an art, and the only way to become proficient is through consistent and disciplined practice.
Yes, you are right. It is never possible to trade without a positive mentality. I as a trader think that a trading mindset should be created by controlling emotions with patience.
Member Since Jan 22, 2021   125 posts
Jun 02, 2021 at 09:26
If you have discipline in your life, it will automatically reflect in trading also. Try to improve holistically, wake up early , first disciplined thing you have done and it motivates you to do further more.
Member Since Sep 12, 2017   238 posts
Jun 02, 2021 at 15:58
one needs to be true towards himself. decent progress and dedication everyday will surely make you shine
Member Since Dec 14, 2021   46 posts
Jan 24, 2022 at 05:06
Well said! Consistency is what makes a profitable forex trader.
Member Since Nov 03, 2020   75 posts
Jan 24, 2022 at 09:34
Consitency and discipline are quite essential I must say!
Member Since Jan 24, 2022   20 posts
Jan 24, 2022 at 11:34
To shine in forex, you need sound knowledge of the market. And to gain this knowledge, you need discipline and dedication.
Member Since May 31, 2021   35 posts
Jan 24, 2022 at 12:35
Vicenox posted:
To shine in forex, you need sound knowledge of the market. And to gain this knowledge, you need discipline and dedication.
Exactly, this is what I follow, dedication and consistency always leads to profits in forex.
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