Most important element for success in Forex trading.

[Mic612]

Most of new traders fails in Forex because they Trade in Forex as they are playing cards in casino they Thinks its Game of luck or its just like gambling so they do not want to waste time in education or training of Forex which leads them to losses and after losses they start passing bad comments about Forex , another problem is this when market moves quickly people use to open positions without any analysis which gave them losses

[tobia]

All traders in the Forex Market Gainers using a set of rules during the currency trading, the rules to guide their decisions. Trading in the foreign exchange market well without a good knowledge of the system is the equivalent of gambling. And that it is necessary to your success forex trader in the stock exchange is to find a profitable trading system will suffice.

[odia007]

the most and power important tool to make good success in forex trade is to learn by your own mistakes in the markets or though demo account, learn a specific patter of trading system can not really help out like that to make good success in forex.

[hemu789]

Yea i think the most important thing for being success in forex trading is having much knowledge about forex trading as success in forex dealing. Static money management is os important and can change the account into positive side and it can not be ignored. The second most important element in this market is control over emotion. Emotion are some time major factor that most of the trader make loss. So we should keep control it. Thanks all.

[bbacomsats]

The most important elements are always the basic things which govern Forex trading which are the fundamental importance so if a trader wants to be successful in the Forex trading than he needs to learn these all the elements which are first he needs to learn how to eliminate the risk in the trading for that the money management and the risk management techniques are uses than the strategy for the session of the market and taking your trade to that session where their is highest pips and movement than applying your self to be a successful trader by your experience.

[yogesh]

It is said that forex does not let traders make easy profits, and it is known for its uncertain nature and high volatility, it keep giving surprising moves that keep traders in suspcions. So it is not easy to make profit of this market until you possess patience and discipline and trade as per your plan. Fore keep on luring you giving false signals but those succeed making money here who do not get into traps and stay discipline to their plan.

[EMDAD5]

No most important element for forex trading business. For this business you need a good knowledge and a good skill. It is a profitable business and risky business too. If you want a traders you need a good knowledge,experience, and good skill. Then you earn more profit.

[varillix]

i believe that the main factor that determine us as a successful trader is divided into three which is:
-psychology.. the professional trader will be able to control their emotion and make a wise decision for their trade.
-analysis and money management.. these two things will keep the capital secure and suppress the risk into the minimum level.
- luck..

[petrelsea70]

i believe that the main factor that determine us as a successful trader is divided into three which is:
-psychology.. the professional trader will be able to control their emotion and make a wise decision for their trade.
-analysis and money management.. these two things will keep the capital secure and suppress the risk into the minimum level.
- luck..

well said but i think a good trading strategy is important for gettig trading success if trader have good trading strategy then he can get trading profit by using his strategy and every trader hosuld must have trading strategy without trading strategy we can not get success.
money management also play good role in trading but if trader will use his trading skills then he can get green pips and also get good trading profit

[featurelion]

The most important element for success in forex market is hard working and i think hard working is the most important element of success of every business. A trader who is a hard working person will achieve success because this world always appreciate the person who is a hard working, if a person becomes lazy in forex and did not spent time for learning then forex will never make him reach. Forex will make him poor.

[rizal83]

The most important element that must be owned by a trader is a good psychology, because without a good psychology, the skills that we have is not going to be useful to both, but if we have a good psychology, then we will be able to control emotions we have good degan and we also will be able to handle the pressure contained in forex trading and we also will be able to avoid any errors contained in forex trading

[sakkas2]

The most beta statement for existence successful in forex trading mart is having much knowledge nigh forex trading as we can not earn sufficiency get from forex industry without gaining often forex trading noises. So we should try our soul to learn author and many for assembling untold noises near forex trading that testament support us to garner money from forex.

[lastnet]

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 you most instruct how not to business with your emotions in this activity but kinda you most job with your leader

[mohammad imran khan]

most important element in forex trading is understanding the technicalities in forex trading and having a keen observation and look into the market with great attention and a person should also have a desire to trade in forex.a passion could lead to a victory so this burning desire along with great understanding can be excellent

[lastnet]

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 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 surely you can trade and make good profit