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When can u consider urself successful in trading

Nov 26, 2013 09:20 am
O123 User

Mensajes: 41
Member since: 20/08/2013

Originally posted by dianayes

Hello there!I agree with you all guys.I'm new to forex and maybe I should have to learn and strive more to consider myself as a successful trader someday.

 



 

Forex is very hard and complex at the beginning but very easy and simple once understood,, in order to get to that point you need to work hard at first, try to organize your time and do not rush yourself while learning, take your time.

https://www.fxstat.com/widget/link?t=tiny&c=4&s=20065&o1=growth&o2=drawdown&o3=monthly&o4=equity

Nov 26, 2013 09:27 am
AbuRomman User

Mensajes: 63
Member since: 14/08/2013

I agree with O123 about being patient and do not rush, because the more you learn the more that you will find that you're still ignorant about the forex world, try more to organize, order and plan your strategy in order to get successful

https://www.fxstat.com/widget/link?t=small&c=1&s=18986&o1=growth&o2=drawdown&o3=monthly&o4=equity

Nov 26, 2013 11:44 am
Noobtrader User

Mensajes: 52
Member since: 07/11/2013

Originally posted by AbuRomman

I agree with O123 about being patient and do not rush, because the more you learn the more that you will find that you're still ignorant about the forex world, try more to organize, order and plan your strategy in order to get successful

 





Also agreeing, im still relatively new to Forex and it is starting to sink in now and a lot more is making sense quicker and clearer, it would help if you could get someone to explain some things to you once you've got the basics digested but you can learn these by yourself though it could take longer... a good alternative is to talk and listen to experienced traders in forums like this one 

Nov 26, 2013 12:06 pm
AbuRomman User

Mensajes: 63
Member since: 14/08/2013

Originally posted by Noobtrader

 

Originally posted by AbuRomman

 

I agree with O123 about being patient and do not rush, because the more you learn the more that you will find that you're still ignorant about the forex world, try more to organize, order and plan your strategy in order to get successful

 

 





Also agreeing, im still relatively new to Forex and it is starting to sink in now and a lot more is making sense quicker and clearer, it would help if you could get someone to explain some things to you once you've got the basics digested but you can learn these by yourself though it could take longer... a good alternative is to talk and listen to experienced traders in forums like this one 

 

 



 

That is right you can learn a lot from the forums, such as this one, since it puts in your hands a massive number of tips and guiding steps to follow through you trading, and that will help anyone whether it was an expert or just a newbie


Whether or Mptdy still Eptdy

https://www.fxstat.com/widget/link?t=small&c=1&s=18986&o1=growth&o2=drawdown&o3=monthly&o4=equity

Nov 27, 2013 07:15 am
dianayes User

Mensajes: 41
Member since: 07/11/2013

Originally posted by O123

 

Originally posted by dianayes

 

Hello there!I agree with you all guys.I'm new to forex and maybe I should have to learn and strive more to consider myself as a successful trader someday.

 

 



 

 

Forex is very hard and complex at the beginning but very easy and simple once understood,, in order to get to that point you need to work hard at first, try to organize your time and do not rush yourself while learning, take your time.

 



Thanks for your advice,and yes I need to be patient in learning.

Nov 28, 2013 08:45 am
leebelisar User

Mensajes: 120
Member since: 06/11/2013

Originally posted by fxlots

 

Originally posted by leebelisar

 

Basically those are interrelated. When you have a trading strategy that really works, then of course your account will grow as you will be earning profit. And to maintain the growth, you have to have a good risk management method to use. Reward will come in the end when you already have all those factors mentioned.

 

 



 

I agree here, it all boils down to strategy once you develop a foundation knowledge and create a solid systen you're almost out of the newbie woods.

https://www.fxstat.com/widget/link?t=small&c=3&s=25095&o1=growth&o2=drawdown&o3=monthly&o4=equity 



I think one of the best strategies is learning how to minimize the risk as well as the losing while maximizing the gains and profit.

Nov 28, 2013 09:15 am
leebelisar User

Mensajes: 120
Member since: 06/11/2013

Originally posted by MargaretLekker

Having techniques, strategies and methodologies when investing in the market is very useful to achieve a positive outcome and better control of risk when an order is generated.   I use the following techniques: the Stochastic Oscillator, the CCI 50 and the candles   <img alt=" />



Can you tell me more about these techniques. I am a newbie trader and do not know much about techniques as I do not trade live yet. Still I am doing a demo account. But I am thinking of trying the day trading and swing trading strategies when I go to live trading.

Nov 28, 2013 09:51 am
leebelisar User

Mensajes: 120
Member since: 06/11/2013

Originally posted by rrayne20009

 

Originally posted by fxlots

 


 

 

I agree here, it all boils down to strategy once you develop a foundation knowledge and create a solid systen you're almost out of the newbie woods.

https://www.fxstat.com/widget/link?t=small&c=3&s=25095&o1=growth&o2=drawdown&o3=monthly&o4=equity 

 

 



 

Success in forex is a result of persistence,discipline,patience and most importantly self belief that you can come up on a strategy that will really work for you .

<img alt=" />



Sucesss would be the fruit of your very hard labor, hard work and hard study.

Nov 28, 2013 09:57 am
leebelisar User

Mensajes: 120
Member since: 06/11/2013

Originally posted by dianayes

Hello there!I agree with you all guys.I'm new to forex and maybe I should have to learn and strive more to consider myself as a successful trader someday.



As newbies, we need more hard work. We need to study hard more about Forex trading. We need to interact with other traders too esp those experienced and experts in the industry. These are some of the ways that will help us become a better trader in the long run.

Nov 28, 2013 10:04 am
leebelisar User

Mensajes: 120
Member since: 06/11/2013

Originally posted by O123

Originally posted by dianayes

Hello there!I agree with you all guys.I'm new to forex and maybe I should have to learn and strive more to consider myself as a successful trader someday.

 Forex is very hard and complex at the beginning but very easy and simple once understood,, in order to get to that point you need to work hard at first, try to organize your time and do not rush yourself while learning, take your time.



Very well said. Forex trading is process. You need to take that process step by step. No need to rush. Otherwise, you will fail and go back to where you have started.