Most important element for success in Forex trading.

[king52]

I agree with you and i know its very profitable business Forex is a good and easy business we can make our trades when we want and where we want and if know that how we can take profit then we can earn huge money with our trades but don't be become as a greedy person you will loss all your money its a good business for taking profit.

[monoj]

My spouse and I think above just about all which the many keys to press element regarding trading is usually discipline from the experience my partner and I discovered the idea actually being disciplined can be sometimes added ticks that being well informed along with beginners with high discipline carry better results the item traders whom usually are advanced but lacking discipline.

[riddy09]

@king52,
Thus, we should have the control of ourselves or to have implement management. We should have learn the most important will be the skills and strategy of the trader. Skills included the analytical and psychological skills. While the strategy has the inclusion of our indicator or indicators which formed it. We can say also that traders should have application of their risk management all the time to lower the risks and to not easily get MC.

There are many other factors that a trader must have to have success in Forex. These are also in the traits of the quality of the traders such as their patience and confidence in trading. Discipline trader will also be a big factor.

[apurva]

A trader in order to earn on forex needs to take quality decisions and that too at appropriate times. A trader can undertake quality decisions only if he regularly analyze the market and studies the ongoing changes. He also needs to take certain timely and calculated risks.

[Dalim0621]

Many elements are generally not is essential to create the perfect experience, knowledge, skills similar to, the actual number of points in the capital and when they made the real blend together to purchase a fixed number of carrots it very proprietary and always good market analysis Forex trader your best or even a trader.

[powerz]

In my opinion, knowledge is the backbone of forex trading or any other business because you cannot do well unless you already have a proper knowledge of what you're doing. So I thin k newbies should not disregard learning because it is the key to successful trading and avoid unnecessary waste of time and money.

[techboy]

I agree with you and i know its very profitable business Forex is a good and easy business we can make our trades when we want and where we want and if know that how we can take profit then we can earn huge money with our trades but don't be become as a greedy person you will loss all your money its a good business for taking profit.

It can be profitable and easy to make money in these market if you can develop the skill of a professional trader otherwise it will be too difficult to make money trading forex and it can make you lose a lot of money if you cannot conduct your trading properly.

[Rajonbd]

If people want to earn profit from forex trade always then they must need to learn about forex trade and always practice on their demo account . If people not practice on demo and not learning about forex trade always then maybe this will really difficult for them to earn always profit . So for people always need to learn it first . I am always try to practice on demo and also try to earn huge profit on my demo account because if I am able to earn profit on demo then it will help me for make profit on real .

[u4n777]

There are many element in forex trading that are very important, but if we are to rate them on a priority scale, I will say the aspect of knowledge and experience will be among the highest. No trader can thrive in forex trading business without the possession of a good and sound trading knowledge and experience. Then the others can be patience , discipline and determination, coupled with a strong passion and interest in the trade. With all of these things, a trader is sure to succeed in his trades.

[danish007]

i think in my point of view 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

[u4n777]

One of the most important element needed by a trader to succeed I will like to comment upon is relentlessness. If we take a statistics, we will come to find out that most forex traders who were suppose to have a bright future in the trading business where eventually knocked out of the forex trading business, and they chose to quit the trade, just because of some discouraging trades they experienced along the line. But if a trader choose never to relent, the trader will definitely go far in his trading career and in his financial freedom pursuit. And it requires time for the trader to come to the point where he will have a complete turn around in his trading experience.

[Dalim0621]

You're right, with regard to the coordination of all the other parties succeed in the Forex market should be. Although I think that the beaten path of Forex trading is not as homogeneous. Also produces a lot of skill and knowledge beyond the first commercial destination after joining terms of Forex trading Forex trading is significant. You still when I speak, we have more experience gains and losses to people the possibility of producing a trader will be considered.

[jahid]

I think we need many thing if we want to do any work properly. Every work has some elements to do the work properly. Forex trading has some essential elements to good the work. I think that is the knowledge, energy, experience etc. If a man keep this elements to work in the Forex trading, he will success surely. Otherwise a man can not work in Forex trading. Forex trading's work is so much easy but it's element is most important. So every man should take care of the elements of Forex trading.

[rizal83]

The most important element that we must have the forex trading is a trading strategy that is very good, because the trading strategy has many functions in generating profits in forex trading and trading strategies also can avoid the losses that will occur in forex trading, therefore, if we want to get the success of the trade in forex, then we should be able to develop a trading strategy that we have been consistently so that we can generate more profits from forex trading

[andry777]

i think in my point of view 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

That's right. I think it's not only one thing which is the most important in forex because technical skill, psychology control and strategy will influence one each other to give good result in trading. There is no instant successful in forex, it will need time and hard working so don't hope shortcut to be successful trader.

All traders should keep on practices to get more knowledges and experiences how to trade well in every different condition of market. How to chose the right timing and how to control emotion well so we can get the best price to maximize profit and minimize loss.