Most important element for success in Forex trading.

[saleem]

forex business is not a small part its a huge market and every one need to hold on these elements for succes in forex trading whic is technical analysis , fundamental and sentimental, chart, candales, NC fibonanci and information about world financial and economical situation , you can't relay on any one element for success in forex trading

[apurva]

Skill. knowledge and experience of an individual are the basic elements in forex trading. Skills and knowledge of the trader would help him to analyze the market more accurately. This will help him in studying the ongoing strategies. This will also help the trader in making quality decisions.

[shiz]

well in my opinion only one element cannot form the basis of achieving the success in the business of forex trading and traders need to consider different elements which are vital for getting the success like having an indepth trading knowledge and skills, good trading experience, ability to manage the emotions,risk and money during forex trading.

[samuel22]

To me as a trader i will say that it is very good for you to really take your time to understand how market is operating so that with it you can be able to control your mind when ever you are trading from one level to the other so with that you will be well inform to make good money in your trading

[rizal83]

a lot of elements that we must have if you want to get the success of the trade in forex, and most important element is that we must have a high motivation and also a strong mental, because with a motivation, then we will strive to always learn and practice consistent so that we can have good skills in the trade and with a strong mentality, will make us not be easy to give up to be able to run all the process to get the success of forex trading

[banamali]

Yes i am totally agree with you.Forex is not so easy i can say that from in my real experience because i face many trouble in this market.Mainly you will correct information for gating the profit.If you trade in Forex in your own mind then the percent of loss is high.so you must need efficient information for the Forex trade.

[santi]

The most key semiconductor that we must soul if you want to get success from forex trading is a brutal manipulate and motivation to instruct and rest practicing consistently so that we can hit very vantage skills in conducting exchange in forex, otherwise than that we also mortal to hump a trading science is really so that we can exceed restrain your emotions advisable towering train.

[suntek]

The most Important element of a professional Investor is having a working Technique. so your business as a Forex trader will succeed.Experience is they good way to get success in Forex trading but main elements that many traders not get appropriate details which cause of unable so we need much trading capabilities and knowledge of regretting success in Forex trading.So at length I want to say "practices makes man perfect".

[diaislambd]

i think a good trading plane and a good money management are the most important elements for forex trading. we maximum beginner traders make loss in forex for our lack of experience and for trading with big lots size against our proper money management.by applying of stop loss and take profit we may reduce our loss and can protect our account from big loss or margin call.

[santi]

Most fundamental and plane important than the money is the noises of trading you have. If you don't have discriminating noises you tradition acquire gracious money in Forex. I anticipate that you must ever maintain your learning mood on and try to advance honorable points from the market.

[Sajianitu]

Most important element for success in Forex trading is the right strategy in right place in right time. Forex trader should have the perfect timing to apply their plan & skill. These elements bring success for Forex trader. Forex is not easy to trade successfully. This is why trader has to utilize their brain and intelligence. The mix of all elements is not so easy to have. It becomes harder to bring those elements nearer. It’s up to your work how to succeed in Forex trade.

[yogesh]

Forex is more a mind game so what most matters here is self-confidence and confidence and belief of the trader in his own trading skills and trading plan. If you possess confidence you already made half the win. And rest of the battle shall be won with your commitment and well calculated approach. Those who do not have confidence on their ability and their analysis usually keeping changing their mind and their decisions and finally fails. So i would say it is self-confidence is most important element in trading success.

[KakiBesar]

There many elements that make us succes in forex trading. all the elements must be good, if one thing goes wrong you can fail. Keep learning and always practice and the trading skill will be better. You must have self control don't let emotions take control. Be patient, do proper analysis before open a trade. Learn how to analysis, without skill to analyse you can make consistance profit.

[abdul_sami]

according to me you get success when then you are work with together and share your strategy and analysis with all if you are wrong then they will help you that you wrong from here and through this you get success and you need also great knowledge deep learning and good mind set that help you to make you success full trader

[salina]

There are many important elements for success in Forex trading. From my view the most important elements are Investing capitals in right fund, Trade with demo account for practice, Proper money management, Gaining overall experiences about Forex trading, Good level of study knowledge. Those was technical importance but here some also, give up greed, hang over fear, honesty. I think we all should learn these importance properly to be succeed...