How to become a successful trader?

Discussion in 'Forex' started by Coner1980, Jan 21, 2021.

  1. As a newbie what things we should consider to become a successful trader? Plz help me to understand it.
     
    tayte likes this.
  2. SteveM

    SteveM

    Most important rule: Learn how to lose money properly.

    That means appropriate position size, always entering stop loss orders, always sticking to stop loss orders, not revenge trading, not hoping and praying.

    It took me 10 years of losing money to understand how foundational this rule is. Hopefully you will learn it quicker than I did.
     
  3. marsku

    marsku

    Forget technical analysis.
     
  4. padutrader

    padutrader

    13 years for me
    and have some kind of method.......read this book wa.jpeg
     
    Abolfazl, Heydrrich and ffs1001 like this.
  5. padutrader

    padutrader

    then forget trading
     
    sridhga, Abolfazl, jn_trading and 5 others like this.
  6. DevBru

    DevBru

    You are still losing money ...
     
    murray t turtle and sef88 like this.
  7. padutrader

    padutrader

    and you are bothered

    how sweet.

    i am gaining a hell of a lot of knowledge.

    i have more than enough money
    i would exchange one for the other any day.
     
  8. padutrader

    padutrader

    this is whAt it took me 13 years for
     
  9. marsku

    marsku

    [QUOTE = "padutrader, post: 5302956, członek: 504452"] 13 lat dla mnie
    i mam jakąś metodę ....... przeczytaj tę książkę [ATTACH = full] 249595 [/ ATTACH] [/ QUOTE]
    don't read this book
     
  10. padutrader

    padutrader

    only losers focus on losers
     
    #10     Jan 21, 2021
    Ahmed Solaiman likes this.