Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

exbryan

How To Become A Successful Forex Trader

Recommended Posts

To become successful trader it is very important to upgrade your knowledge all the time. you can check updated news, attend seminars, and follow market trends before investment. Control greed while doing forex trading.

 

........................................................................

 

Forex Answers

Share this post


Link to post
Share on other sites
Can you give me some tips on how to become a successful forex trader?

 

first off memorize everything at "Babypips.com".

Then maybe gt yourself a good coach. Oh wait, it says you are a coach.

What do you coach?

Share this post


Link to post
Share on other sites

To become a successful trader you need to constantly upgrade yourself with forex knowledge as well as technical analysis. You cannot master overnight as it takes times. You must gain more practial experience.

Share this post


Link to post
Share on other sites

There is "No Graduation Day" for a forex trader. As a forex trader we must constantly upgrade ourselves. The market changes everyday just like price trend. We must equipe ourselve with sound knowledge to profit in the forex market, both fundamental and technical analysis.

Share this post


Link to post
Share on other sites
There is "No Graduation Day" for a forex trader. As a forex trader we must constantly upgrade ourselves. The market changes everyday just like price trend. We must equipe ourselve with sound knowledge to profit in the forex market, both fundamental and technical analysis.

 

Yeah, I agree. Even traders who have gain over 1000% have to learn.

Share this post


Link to post
Share on other sites

Some important things need to remember at first! Just need to know about the trading platform one by one.

 

Once you know about that, you will have to go the next level. Here you need the experiences. Everyone trade on his own calculation! They don't follow anything from others! They only gather ideas from the other traders.

 

You have to do that too. :) Happy trading

Share this post


Link to post
Share on other sites

I think the most important thing is to decide why you want to trade forex, and make sure your reasons converted into reachable goals. THEN you can deal with exactly what steps you need to take to reach those goals trading-wise.

Share this post


Link to post
Share on other sites
Guest OILFXPRO

follow succesful traders on forums selling trading education, succesful traders who make money from trading not selling education , i mean successful traders who do not need to kiss ass of trading idiots

Share this post


Link to post
Share on other sites
Guest OILFXPRO
Good advice. Only trend makes money.

 

range makes more money for skilled professionals , 80 % of the time the markets trade in a range .

Share this post


Link to post
Share on other sites
Guest OILFXPRO

buy eas on forums from trading idiots who failed at tradin. and need to sell eas

Share this post


Link to post
Share on other sites
The best way to reach the success, at least in the psychological side of the financial markets is ... missing. The first experience needed to invest is the loss, failure, adversity. Having a good dose of humility, as markets but humiliate us.

 

Humility is important when you are in a losing trade. I would not recommend being humble in a winning trade.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • 📁 Population in 2100, as projected by UN Population Division.   🇮🇳 India: 1,533 million 🇨🇳 China: 771 million 🇳🇬 Nigeria: 546 million 🇵🇰 Pakistan: 487 million 🇨🇩 Congo: 431 million 🇺🇸 US: 394 million 🇪🇹 Ethiopia: 323 million 🇮🇩 Indonesia: 297 million 🇹🇿 Tanzania: 244 million 🇪🇬 Egypt: 205 million 🇧🇷 Brazil: 185 million 🇵🇭 Philippines: 180 million 🇧🇩 Bangladesh: 177 million 🇳🇪 Niger: 166 million 🇸🇩 Sudan: 142 million 🇦🇴 Angola: 133 million 🇺🇬 Uganda: 132 million 🇲🇽 Mexico: 116 million 🇰🇪 Kenya: 113 million 🇷🇺 Russia: 112 million 🇮🇶 Iraq: 111 million 🇦🇫 Afghanistan: 110 million   @FinancialWorldUpdates Profits from free accurate cryptos signals: https://www.predictmag.com/   
    • “If the West finds itself falling behind in AI, it won’t be due to a lack of technological prowess or resources. It won’t be because we weren’t smart enough or didn’t move fast enough. It will be because of something many of our Eastern counterparts don’t share with us: fear of AI.   The root of the West's fear of AI can no doubt be traced back to decades of Hollywood movies and books that have consistently depicted AI as a threat to humanity. From the iconic "Terminator" franchise to the more recent "Ex Machina," we have been conditioned to view AI as an adversary, a force that will ultimately turn against us.   In contrast, Eastern cultures have a WAY different attitude towards AI. As UN AI Advisor Neil Sahota points out, "In Eastern culture, movies, and books, they've always seen AI and robots as helpers and assistants, as a tool to be used to further the benefit of humans."   This positive outlook on AI has allowed countries like Japan, South Korea, and China to forge ahead with AI development, including in areas like healthcare, where AI is being used to improve the quality of services.   The West's fear of AI is not only shaping public opinion but also influencing policy decisions and regulatory frameworks. The European Union, for example, recently introduced AI legislation prioritizing heavy-handed protection over supporting innovation.   While such measures might be well-intentioned, they risk stifling AI development and innovation, making it harder for Western companies and researchers to compete.   Among the nations leading common-sense AI regulation, one stands out for now: Singapore.” – Chris C Profits from free accurate cryptos signals: https://www.predictmag.com/ 
    • $NFLX Netflix stock hold at 556.59 support or breakdown?  https://stockconsultant.com/?NFLX
    • $RDNT Radnet stock flat top breakout watch, https://stockconsultant.com/?RDNT
    • $GNK Genco Shipping stock narrow range breakout watch, also see $GOGL https://stockconsultant.com/?GNK
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.