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06-29-2013, 07:33 AM #1
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Most important element for success in Forex trading.
Many of trade think that if they can get hand son the specific are then they can get success personally i am not agree with this thinking the reason is to get success in Forex market one need to consider Forex seriously and he need to use all of elements with coordination of each other then success in Forex market become possible.
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petrelsea70 (07-06-2013)
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06-29-2013, 08:40 AM #2
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of course, i am agree with you , i think that all the information is right .our mistake gives us the learn . there is o single element that can get success for you in this market. we can easily learn from mistake . i think that the most important elements of success in the Forex trade market use take profit and stop loss .
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06-29-2013, 11:20 AM #3
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Success in forex mainly depends upon the trader's experience and knowledge. If a trader is well trained, can analyse the market properly, can control his emotions and also knows some profitable strategies then i believe that success is guaranteed for him. He should have the thirst of getting more knowledge and he should keep practicing to get more experience.
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06-29-2013, 11:25 AM #4
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forex is that trading place where patience is most important. we maximum traders make loss in forex because we could not keep our patience.we enter the market without proper analysis and after opening the trade we do not keep our patience and close the trade when it move against the market, but market is reversal and later we find we were right about our trade so for earning profit patience is necessary..
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06-29-2013, 12:21 PM #5
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You are right, coordination of all the elements each other is needed to get success in forex trade. Forex trade is not so easy as we seem from outside. After joining forex it is observed that forex trade needs much skill and knowledge which needs to achieve first before making trade. The more we trade, the more we are able to get experience of profit/loss which can make us a to become a good trader further.
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06-29-2013, 12:32 PM #6
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forex trading is complete trading chapter where trader need lot o trading skills and knowledge and if trader is new then he need demo trading for getting good trading skills and knwoeldge ,newbies can get confidence by using demo trading and if they will learn from demo trading then they can get success by using demo trading experience,
eperience is they good way to get success in forex trading but main things that many traders not get proper knowledge which cause of failure so we need much tradign skills and knwoledge fo rgetting success in forex trading.
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06-29-2013, 12:53 PM #7
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Yes you are right here. There are also some other elements which are also important in Forex but I choose to be particularly interested in skills and expertise which are the real elements of success. When you got these, you seem not to lose focus.
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06-29-2013, 01:17 PM #8
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For learning from the mistakes a trader firstly needs to be able to learn the positive attitudes when trading and unless the traders have a proper attitude towards the trades he has absolutely no chance of making any profits.For all the traders it is always necessary to be optimistic in the trades and unless the trader is optimistic he can not be gaining any profits at all.
For all the traders the major thing is the market understanding and the knowledge of the trade market.And if a trader lacks the proper market dealing factor in himself then he has no chance anyways to be making any profits at all.So a trader has to try to learn about the trade market in every possible way.
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06-29-2013, 01:36 PM #9
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There are so many important element in Forex trading and that makes a Forex trader succesful in Forex trading. one of whicg and which so important and if not the most important is discipline it is discipline that will make you do the right thing and it is discipline that will not make you take needless trade and it is discipline that will make you manage you account and save it from being wiped out completly.
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Another very important element in Forex trading is the ability for trader trade the market with the ability to control his or her emotion care fully this very important because you most learn how not to trade with your emotions in this business but rather you most trade with your head. trader who trade with their head and not with their emotion's do more well in Forex trading than trader's who trade more with their heart.
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06-29-2013, 02:07 PM #10
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I think most important element of forex trade is money management. If you know how to proper way of money management then you are gainer this business. Also another important is demo practice before trade. I think it is the best for newbies, more practice make you more perfect in forex dealing. And last important thing is market analysis, so if anyone follow above thing then they can success in forex trade. THanks.
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06-29-2013, 02:24 PM #11
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so many elements are always required in forex to make your self a best trader or a perfect traders like experience, knowledge, skills, good capital and time all this things when combines together they make a real trader, making consistent pips always want some huge dedication and good analysis of the market.
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06-29-2013, 05:02 PM #12
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The most important element that we must have if you want to get success of forex trading is to have a good skills, a strong mental, psychological good trade and a good money management, and probably many other elements that we will need to be able to get success of forex trading, therefore if we seriously want to get success from forex trading, then we should be able to get the elements one by one, because only one trader who actually has a spirit that will get all of the elements required to obtain the success of the trade forex
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06-29-2013, 05:56 PM #13
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there is no big “secret” to trading success that you have to travel to the ends of the Earth to discover. In fact, I am willing to bet that all you need to get on the track to trading success is probably a slight adjustment in how you think about trading and a willingness to begin changing your trading habits.if you can find out your mistakes and trade with that idea then surely you can trade and make good profit
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06-29-2013, 07:32 PM #14
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Yes I can referred you to have knowledge about forex trading. This it the best element for success in forex trading. Without knowledge and experience imported elements which you can easily achieved through Learning. So learn forex can give you all you need to success in forex trading.
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Yes I can referred you to have knowledge about forex trading. This it the best element for success in forex trading. Without knowledge and experience imported elements which you can easily achieved through Learning. So learn forex can give you all you need to success in forex trading.
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06-29-2013, 10:43 PM #15
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Other rattling eventful gas in Forex trading is the power for dealer line the marketplace with the knowledge to controller his or her emotion fix fully this rattling distinguished because you most instruct how not to business with your emotions in this activity but kinda you most job with your leader. monger who swap with their nous and not with their emotion's do many easily in Forex trading than monger's who line author with their pump.