I think every successful trader

[Gito Dinev]

Invest small and safe. Don’t take too many risks at the beginning.

 

[Kevin Vogt]

Yes, forex trading is like a psychological game for all trader, if they trade get floating sometimes making worries and hard to sleep, in addition when the last viewing in loss floating, but if already have a long time experience, loss and profit is like as foods in daily trading.

Usually new traders do it. They can not sleep at night properly. I can remember my early days. Later I got to understand that we only need to know when to observe the chart.

 

[kathrinedees]

Every successful trader made mistakes and learnt from them. The reason they are successful is because they didn't over trade but assessed their strategies and worked on them

 

[dwaynegibbs]

Every successful trader learnt from their mistake and made his strategies according to the market movements not because of emotions.

 

[Kazumu Fukunaga]

Every successful trader learnt from their mistake and made his strategies according to the market movements not because of emotions.

First mistake most traders do that they think trading doesn't require much knowledge and skills. Second mistake they do - they completely ignore psychological aspect of trading.

 

[Benjamin Bryne]

Why do you think so? Is it really possible to be a successful trader in trading only with psychology?

 

[Oscar Shumack]

Success is rare in Forex trading because traders mostly capitalize on their wild guesses. And these wild guesses never give high return to traders.

 

[Davidfx89]

demo is really important but to keep patience in demo that is really challenging as a beginner trader.

 

[Andrew McCalam]

loss is a very common thing that we the traderrs cant ignore after having most powerful analyzing trade knowledge.

 

[Nezami]

Before using leverage it is more important to ensure how to manage risk , because leverage contains huge risk for all time. they should trade in low leverage in micro account for avoiding loss, otherwise they can fall a great trouble when market moves at random.

 

[Alexander Hudson]

Leverage has both good and bad sides which we should be well aware of. Avoiding a big amount of leverage is essential for traders because it accelerates the trading risk.

 

[Nezami]

practice is important , i know but after passing sometime we the traders lost interest , so we have to make practice step by step.

 

[Alexander Hudson]

Give high priority to knowledge earning. A ground-up knowledge about the market is needed to operate trading in the right direction.

 

[Eduardo Lucchese]

Traders should look for knowing the platform and understanding the market first and then they should jump into trading.

 

[Oscar Shumack]

Consider news and views occurring around the world to forecast the market flow. It will help you reap much gain from the market.

 

[Eduardo Lucchese]

Applying strategies blindly won’t bring any benefit to us. Whenever you have a strategy, apply it first on the demo account and then judge its effectiveness.

 

[SaadBinToha]

The rate of trading success is very narrow in Forex market just because the market is too uncertain and traders can hardly catch the flow of the market.

 

[Aaron_0]

To some traders, success is a possible thing if knowledge is there but to others success is a mirage. This observation changes with the alteration of experience difference.

 

[Anele]

You will be successful trader when you have a good experience that is leading you to earn profit from the market consistently. That doesn’t mean successful traders don’t lose in the market.

 

[Ethan]

Passion won’t give us profit but it will create motivation in us for learning Forex. That’s why passion is important.