dansus021
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May 17, 2024, 04:25:35 PM |
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I think there is a ton of thread here or in the internet that talk about "How to become a successful trade" the answer can be very but in my opinion the key to be successful trader is money management and control emotion because if pro with that I believe you are gonna becoming successful trade. Tho I say this but personally Im not a successful trade hahahah but I believe those are the key
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Issa56
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May 17, 2024, 04:30:17 PM |
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As a successful trader, you should focus on the process instead of the money, because the process is the must important thing for you to get more experience in it, and once you are focus it you never lose your money in trading, so as successful trader you must always be fucus on the process of your trading, for you to get a good profit.
If you are a successful trader, then you are already a professional trader, what makes you to be a successful trader, then you should focus on making money, but that doesn’t still stop you from learning, and also if you are a trader, you are going to lose money either you are a professional trader or a beginner, their is no way you are going to be a trader and you won’t be losing money, but if you are a trader, make sure the profit which you will be making from trading is just more than your loss, if you are a trader and your loss is more than your profit, then you should know that something is wrong.
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Davidvictorson
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May 17, 2024, 04:59:58 PM |
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Trading is very risky and should be seen like gambling though it is not gambling. That will help the trader to know that it is important to use an excellent risk management. Trading should not be seen as a means of making money, but as a means of making an additional money to your source of income if possible, but do not expect much from trading.
As a trader you must know that success is a balance of wins and losses. Do not have that mindset that you should avoid losses because they are unavoidable. However what you must bear in mind is how to manage risk so that you can achieve long-term success. It is all embedded in your risk management strategies. For you to become a successful trader, make sure to have your own stable job first so you won’t be pressured and force yourself to hit profits in trading.
You are right. A stable job at the beginning before profits from trading starts coming in a also a good risk management strategy. Where the person don't have a stable job, they can crash in their parents basement while at it. At least, they won't have to worry about the basics - food, shelter and paying bills.
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jrrsparkles
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May 18, 2024, 04:31:13 PM |
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As a successful trader, you should focus on the process instead of the money, because the process is the must important thing for you to get more experience in it, and once you are focus it you never lose your money in trading, so as successful trader you must always be fucus on the process of your trading, for you to get a good profit.
To certain extent which is possible but if the trader isn't making any progress or can't afford to sustain with the loss then better quit instead of getting into debt, it's okay to accept if something doesn't go in the way you expected and it's not going to make any less of you. Apart from that you nailed it and this is what a trader should do to gain experience which is the process of becoming a successful trader, not just learning technical analysis or learning trading courses but it's all about managing the situations.
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Fatunad
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May 18, 2024, 04:50:59 PM |
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As a successful trader, you should focus on the process instead of the money, because the process is the must important thing for you to get more experience in it, and once you are focus it you never lose your money in trading, so as successful trader you must always be fucus on the process of your trading, for you to get a good profit.
To certain extent which is possible but if the trader isn't making any progress or can't afford to sustain with the loss then better quit instead of getting into debt, it's okay to accept if something doesn't go in the way you expected and it's not going to make any less of you. Apart from that you nailed it and this is what a trader should do to gain experience which is the process of becoming a successful trader, not just learning technical analysis or learning trading courses but it's all about managing the situations. Dont make yourself that being that desperate because on the moment that you would be finding yourself to be that desperate then it would be better that you should quit and stop completely. You are really just that basically or potentially making yourself that become desperate and we know that on the moment that you do find yourself being desperate then you would be finding yourself that making those actions on which you had lacked out with those correct analysis. Even if we do say that you are doing well but still due to desperation and impatience then you would really be missing out something. This is why it would really be best that you should really know and wary on the conditions that you are into. On the moment that you've been doing trading for a while but still that seeing negative profits and making some loans or ending up with deep debts then it would be better to stop. There are really things in life on which its not something that meant for us no matter how hard we do try but still ending up on failing. It is really just that too hard to accept that someone is really that passing up while you are the ones making those failures.
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BABY SHOES
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May 18, 2024, 05:10:37 PM |
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To become a successful trader it is not easy you must have long experience and continue to improve the skills needed, not only focus and money but also thinking you must pay attention to it is not easy even a professional class can experience losses in trading so there is no word not to lose money.
I don't have long experience in trading only limited to spot trading but that's not often done, I still improve the ability to more, but because of the lack of interest in trading then this certainly will not be easy even to understand it takes time.
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Wakhid Mukti
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May 18, 2024, 08:56:55 PM |
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The meaning of success is very broad. And I'm sure each of us has our own standards regarding trader success. What is clear for me personally is that a trader who is not subject to passion, has self-control, is calm when making purchases and sales, is able to develop assets, and is able to analyze an opportunity is a successful trader.
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mirakal
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May 18, 2024, 11:42:59 PM |
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I think there is a ton of thread here or in the internet that talk about "How to become a successful trade" the answer can be very but in my opinion the key to be successful trader is money management and control emotion because if pro with that I believe you are gonna becoming successful trade. Tho I say this but personally Im not a successful trade hahahah but I believe those are the key
Aside from that, to be able to become a successful trader, one should also lengthen his experience in trading as no trader can succeed from just limited experiences in this field, but varied experiences are more likely to gain positive outcome. Also, learning from the past experiences of early traders can greatly help for newbie traders so that they will be more open minded on the pros and cons about trading, and hearing their successful trading stories will definitely motivate them to improve their trading skills and strategies.
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adpinbr
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May 19, 2024, 12:23:13 AM |
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Yes, first of all, you have to focus on the process this stage, and how to learn the Trading first not to make the money because the most important thing is to learn how to follow this step and know much about Trading know whatever you can ask much as you can go the processes to take be Conversant with them very well and you will be able to succeed in trading if you start the process Trading is not just the way you think it is it’s a matter of understanding.
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aylabadia05
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May 19, 2024, 09:48:23 AM |
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As a successful trader, you should focus on the process instead of the money, because the process is the must important thing for you to get more experience in it, and once you are focus it you never lose your money in trading, so as successful trader you must always be fucus on the process of your trading, for you to get a good profit.
First money. Not immediately practicing with the money you have, but trying to find out what makes you ready to lose or other names is a process. From the initial capital, the target could be additional income, not a large amount. You will never lose as long as you focus on the process, for me that is wrong. Never mind new traders, professional traders who have been trading for a long time will also experience losing money because losing money in trading is part of it. Perhaps a smaller percentage of losses are achieved by those who are already full of experience with the trading process.
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Questat
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May 19, 2024, 10:36:46 AM |
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What we need is to have these two things Plan and Action. Just to imagine why a lot of traders never succeed, it is probably not the process but it is how they strategies and how dynamic is their thinking. But don't forget that trading is not everyone which means that no matter how true you are and working hard in trading does not guarantee success.
Of course, I won't discourage people not to trade but I would say that we don't have to assume success because that has a mental effect in case we fail. And we have to know that success does not come too fast, it takes several times to see.
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jcojci
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May 19, 2024, 12:30:24 PM |
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If you want to become a successful trader, you must be able to learn more than other people. The more you learn and understand it, the greater your chance of making a profit. You can focus on trading and analyze well to make a profit. But you have to know that becoming a successful trader requires many things and a long process, so this makes many people fail to become successful traders. They want to make profits quickly and don't want to learn about trading so they will encounter many difficulties.
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Zoomic
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May 19, 2024, 02:40:01 PM |
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You can learn as much as you can and even more, but if you lack control over your emotions, all your efforts will be in vain. There are stories of successful traders who committed suicide because they made huge losses, some became miserable and many others did unthinkable things after a huge loss. Of what use is the success if it is going to make them miserable later? While putting in so much efforts to learn the skills, devote more time too in training your emotions. Successful traders make losses too but they are able to recover all that was lost because they restrategize without mixing their emotions in their trades. It is not easy being successful in trading, but consistency is always the key.
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Lantind
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May 19, 2024, 03:06:20 PM |
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First money. Not immediately practicing with the money you have, but trying to find out what makes you ready to lose or other names is a process. From the initial capital, the target could be additional income, not a large amount. You will never lose as long as you focus on the process, for me that is wrong. Never mind new traders, professional traders who have been trading for a long time will also experience losing money because losing money in trading is part of it. Perhaps a smaller percentage of losses are achieved by those who are already full of experience with the trading process.
Understanding the trading process is of course very important before deciding to trade which could make us lose the money we use in trading and in trading of course there will be losses and profits and in my opinion this really depends on the knowledge and experience we have. in analyzing the market, if a trader can analyze the market well, of course he will be able to gain profits from the trades he makes, as you said, it is true that those who have good experience in trading will definitely gain profits from these trades. trade they do. resulting in a smaller percentage of losses because they already have experience in the trades they make.
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Hyphen(-)
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May 19, 2024, 08:52:49 PM |
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As a successful trader, you should focus on the process instead of the money, because the process is the must important thing for you to get more experience in it, and once you are focus it you never lose your money in trading, so as successful trader you must always be fucus on the process of your trading, for you to get a good profit.
Focusing on the process is very important likewise focusing on the profit you are making in the process. The profit you make in the process determine how good the process is going and how long you should adopt the process because if the process is not given any profit, then you should consider changing another process that will give you more profit because the benefit of every trader is to make profit irrespective of the process. On focusing on the process, you need to invest little amount or any amount you can afford to lose while monitoring the process.
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Mr.sprin
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May 20, 2024, 06:21:36 AM |
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Focusing on the process is very important likewise focusing on the profit you are making in the process. The profit you make in the process determine how good the process is going and how long you should adopt the process because if the process is not given any profit, then you should consider changing another process that will give you more profit because the benefit of every trader is to make profit irrespective of the process.
On focusing on the process, you need to invest little amount or any amount you can afford to lose while monitoring the process.
Every job, whatever it is, has its own risks, it depends on what we want, so in the process we must first understand what we are doing and what we are working on, so that it doesn't make us fail in the process because we don't know what to do. what we are doing, because we don't really understand what we are doing, so understand it first before making a decision to reduce risks that we don't want, in trading what we have to apply is to be consistent in developing our business which we have worked hard to start from the ground up. to become what it is now, and the most important thing is our financial management, don't let us underestimate financial management which will result in bankruptcy.
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Maslate
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May 20, 2024, 09:34:58 PM |
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I think there is a ton of thread here or in the internet that talk about "How to become a successful trade" the answer can be very but in my opinion the key to be successful trader is money management and control emotion because if pro with that I believe you are gonna becoming successful trade. Tho I say this but personally Im not a successful trade hahahah but I believe those are the key
Emotional control is a big part in trading, if you are good at it, you will definitely turn into a successful trader. Also, having a good and reliable trading plan and a good risk management contribute to the success in trading. If you can’t carry a trading plan and does not show risk management, you might be making profits temporarily but in the end, you won’t be an ultimate successful trader. Success is gained only when you are doing the right thing in trading, and not when you copy trade or follow those unreliable signals that will only put you into losses in the long run.
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AYOBA
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May 20, 2024, 09:56:23 PM |
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As a successful trader, you should focus on the process instead of the money, because the process is the must important thing for you to get more experience in it, and once you are focus it you never lose your money in trading, so as successful trader you must always be fucus on the process of your trading, for you to get a good profit.
The best key to success is to have experience with what will make your life better in the future. Some people want to become professional traders, but they don't want to learn about trading first. How is that possible? Everything in this deserves concrete knowledge so that even after we have started and come across something that will lead you to lose your assets, you definitely know how to avoid it. And a trader should always, insisted of searching, be focused on knowing much about the trading since trading is also associated with higher risk. That's why people who are already experts in trading always give advice that we shouldn't just jump into trading without proper knowledge, and emotions are also part of being controlled, because if you're lacking emotional control, you cannot afford the trading.
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MiF
Sr. Member
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May 21, 2024, 03:50:18 AM |
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As a successful trader, you should focus on the process instead of the money, because the process is the must important thing for you to get more experience in it, and once you are focus it you never lose your money in trading, so as successful trader you must always be fucus on the process of your trading, for you to get a good profit.
I agree on that we should know the process first before anything else, because even if we have a lot of money and we don't know the process or strategy to get a lot of profit then our money as capital will surely slowly gone and before we know we lose a big amount of money, process is the most important and also emotion and patience if you don't have this you will surely lose.
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rhodelmabanal
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May 21, 2024, 03:55:25 AM |
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As a successful trader, you should focus on the process instead of the money, because the process is the must important thing for you to get more experience in it, and once you are focus it you never lose your money in trading, so as successful trader you must always be fucus on the process of your trading, for you to get a good profit.
I agree on that we should know the process first before anything else, because even if we have a lot of money and we don't know the process or strategy to get a lot of profit then our money as capital will surely slowly gone and before we know we lose a big amount of money, process is the most important and also emotion and patience if you don't have this you will surely lose. that is right, most of the trader lose in thier first trade because they still didn't know the process or they still did not know some important things to trade smoothly, i believe that most of the expert also lose when they are still newbie on trading, they are now experts because they experience a lot and now they earn so we must continue to trade even if we are slow just continue learning everyday.
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