Topic: Journey of a successful trader - page 2. (Read 727 times)
Often a trader fails in trading because becoming a trader is not that easy and requires skill and experience. The good information, from the many things that you have written here the point, is that we must be aware of our abilities whether it is in terms of knowledge, skills or strategies, so indeed we must be able to do it as much as possible. Becoming a successful trader also requires a process and effort to continue learning and learning, one of which is upgrading the strategy you have because the strategy that we have can change according to market conditions. that's why to become a trader needs qualified skills and sufficient knowledge
With a current situation, you can't predicted the market situation now. Trading doesn't had any shortcut from my knowledge and experience.Because it can be found only by the two things.One is by practice of trade with minimum amount of dollars. The second one is, from your loss. Only the sad loss teach you a lot.It may hurt you a lot, it may became your hurdles.But only the loss can be changed as a stepping stones.
Most traders don't really understand the basics of trading, and most newbies invest blindly through other people's trading and investment experience.
In order to make a successful investment, you must experience painful losses, and you must analyze and gain some experience in trading investment failures to become a successful trader.
There is no shortcuts in trading, everything is learned from hard work and even painful losses. Although there are several ways how to make you a successful trader, that won't lead you instantly into gaining profits. However, if you can follow them, it will help you minimize from committing mistakes and losses. But in reality, experience will really bring out the best in you. That is why its still the best teacher after all. Losses are still there, but it will help you build up yourself on how to be a successful trader.In order to make a successful investment, you must experience painful losses, and you must analyze and gain some experience in trading investment failures to become a successful trader.
I believe it too that practice which makes you a better trader and others says, it is your best teacher in trading which is the experience. Everyone needs to know that trading is not for all profit at the start, you need to sharpen your skills and knowledge on it so that you can make your own profit even how hard the market will go on. I don't believe there is a successful trader, you cannot call yourself as successful.
Most traders don't really understand the basics of trading, and most newbies invest blindly through other people's trading and investment experience.
In order to make a successful investment, you must experience painful losses, and you must analyze and gain some experience in trading investment failures to become a successful trader.
There is no shortcuts in trading, everything is learned from hard work and even painful losses. Although there are several ways how to make you a successful trader, that won't lead you instantly into gaining profits. However, if you can follow them, it will help you minimize from committing mistakes and losses. But in reality, experience will really bring out the best in you. That is why its still the best teacher after all. Losses are still there, but it will help you build up yourself on how to be a successful trader. In order to make a successful investment, you must experience painful losses, and you must analyze and gain some experience in trading investment failures to become a successful trader.
to hone prowess in trading, it is necessary to go directly to real trading. because there will be some things that cannot be learned in demo trading, namely trading psychology. people who learn from the demo and feel they have mastered trading, it is not necessarily that they will be able to survive in real trading. of course this is different and will encounter new difficulties in real trading
Talking about trading psychology, it is a very important thing to learn. Psychology will determine the direction of trading and determine every decision taken. If the psychology is still weak, the trading strategy will not work well. Many trading professionals lose because their psychology is not good. practice and continued practice will make psychology more trained, so it will not be a problem when facing a bad market.
Most traders don't really understand the basics of trading, and most newbies invest blindly through other people's trading and investment experience.
It is the newbies that don't understand what they do since they lack experience.Their expectation is set on high and that's why they're anticipating that their very first trades are going to be successful and don't expect it to be a learning lesson.
In order to make a successful investment, you must experience painful losses, and you must analyze and gain some experience in trading investment failures to become a successful trader.
It is always the journey that will tell you how sweet success is if you've come from losses and suffered from them. That's always the sweet victory that not just traders enjoy but also investors. 
to hone prowess in trading, it is necessary to go directly to real trading. because there will be some things that cannot be learned in demo trading, namely trading psychology. people who learn from the demo and feel they have mastered trading, it is not necessarily that they will be able to survive in real trading. of course this is different and will encounter new difficulties in real trading
Talking about trading psychology, it is a very important thing to learn. Psychology will determine the direction of trading and determine every decision taken. If the psychology is still weak, the trading strategy will not work well. Many trading professionals lose because their psychology is not good. practice and continued practice will make psychology more trained, so it will not be a problem when facing a bad market.basically we can't expect to get profit just without effort,
especially in the midst of current unstable market conditions, we have to be smart in finding opportunities to make profits
Most traders don't really understand the basics of trading, and most newbies invest blindly through other people's trading and investment experience.
In order to make a successful investment, you must experience painful losses, and you must analyze and gain some experience in trading investment failures to become a successful trader.
Well, Its true that if a trader experience losses, thats how he can better understand how trading works and what to do in order to not repeat the same mistakes again. It is advisable to take time to learn the basics and try the demo trading, it can help to minimize the chances to lose your capital. Anyway the steps of op are informative for newbies, if they can follow it then its likely for them to succeed as a trader. Because if you have knowledge on what you do thats your key to be on the right track. In order to make a successful investment, you must experience painful losses, and you must analyze and gain some experience in trading investment failures to become a successful trader.
Most traders don't really understand the basics of trading, and most newbies invest blindly through other people's trading and investment experience.
In order to make a successful investment, you must experience painful losses, and you must analyze and gain some experience in trading investment failures to become a successful trader.
In order to make a successful investment, you must experience painful losses, and you must analyze and gain some experience in trading investment failures to become a successful trader.
The very beginning is definitely training. When I started working with a broker from Amarkets, I used a demo account for training.
Training, I should say yes. Demo accounts can really be placed at any number when a trader starts to know everything about it. You can learn the basics as you train with demo accounts or you can use these demo accounts when you're already trading as well. Wherever you place it, first, middle or last, the most important part of it is all about learning and as a trader, you need to adopt all every positive material and tips that you see.
Becoming a successful trader is not as easy as we imagine, because it cannot only have good knowledge and strategies. But there is something
more important, that is, we must have the right attitude when we experience gain or loss. And we can get the right attitude from our trading
experience where we will experience profits and losses in turn. So to become a successful trader requires a long process, we do not expect
to become a successful trader instantly. It takes a lot of sacrifices such as our time and money to make us more experienced in trading,
that is what ultimately leads us to become successful traders.
to hone prowess in trading, it is necessary to go directly to real trading. because there will be some things that cannot be learned in demo trading, namely trading psychology. people who learn from the demo and feel they have mastered trading, it is not necessarily that they will be able to survive in real trading. of course this is different and will encounter new difficulties in real trading
Talking about trading psychology, it is a very important thing to learn. Psychology will determine the direction of trading and determine every decision taken. If the psychology is still weak, the trading strategy will not work well. Many trading professionals lose because their psychology is not good. practice and continued practice will make psychology more trained, so it will not be a problem when facing a bad market.
to hone prowess in trading, it is necessary to go directly to real trading. because there will be some things that cannot be learned in demo trading, namely trading psychology. people who learn from the demo and feel they have mastered trading, it is not necessarily that they will be able to survive in real trading. of course this is different and will encounter new difficulties in real trading
Talking about trading psychology, it is a very important thing to learn. Psychology will determine the direction of trading and determine every decision taken. If the psychology is still weak, the trading strategy will not work well. Many trading professionals lose because their psychology is not good. practice and continued practice will make psychology more trained, so it will not be a problem when facing a bad market.The very beginning is definitely training. When I started working with a broker from Amarkets, I used a demo account for training.
Training, I should say yes. Demo accounts can really be placed at any number when a trader starts to know everything about it. You can learn the basics as you train with demo accounts or you can use these demo accounts when you're already trading as well. Wherever you place it, first, middle or last, the most important part of it is all about learning and as a trader, you need to adopt all every positive material and tips that you see.
to hone prowess in trading, it is necessary to go directly to real trading. because there will be some things that cannot be learned in demo trading, namely trading psychology. people who learn from the demo and feel they have mastered trading, it is not necessarily that they will be able to survive in real trading. of course this is different and will encounter new difficulties in real trading
Talking about trading psychology, it is a very important thing to learn. Psychology will determine the direction of trading and determine every decision taken. If the psychology is still weak, the trading strategy will not work well. Many trading professionals lose because their psychology is not good. practice and continued practice will make psychology more trained, so it will not be a problem when facing a bad market.
The very beginning is definitely training. When I started working with a broker from Amarkets, I used a demo account for training.
Training, I should say yes. Demo accounts can really be placed at any number when a trader starts to know everything about it. You can learn the basics as you train with demo accounts or you can use these demo accounts when you're already trading as well. Wherever you place it, first, middle or last, the most important part of it is all about learning and as a trader, you need to adopt all every positive material and tips that you see.
You would basically able to discover for yourself as long you do get out sufficient experience along the way even though it wouldnt be that simple but doesnt mean that it is impossible.
Being successful in trading wont or cant really be achieved in a short period of time thats why they should really be mindful on about number of risks involved.
The very beginning is definitely training. When I started working with a broker from Amarkets, I used a demo account for training.
Training, I should say yes. Demo accounts can really be placed at any number when a trader starts to know everything about it. You can learn the basics as you train with demo accounts or you can use these demo accounts when you're already trading as well. Wherever you place it, first, middle or last, the most important part of it is all about learning and as a trader, you need to adopt all every positive material and tips that you see.
to hone prowess in trading, it is necessary to go directly to real trading. because there will be some things that cannot be learned in demo trading, namely trading psychology. people who learn from the demo and feel they have mastered trading, it is not necessarily that they will be able to survive in real trading. of course this is different and will encounter new difficulties in real trading
Talking about trading psychology, it is a very important thing to learn. Psychology will determine the direction of trading and determine every decision taken. If the psychology is still weak, the trading strategy will not work well. Many trading professionals lose because their psychology is not good. practice and continued practice will make psychology more trained, so it will not be a problem when facing a bad market.
The very beginning is definitely training. When I started working with a broker from Amarkets, I used a demo account for training.
Training, I should say yes. Demo accounts can really be placed at any number when a trader starts to know everything about it. You can learn the basics as you train with demo accounts or you can use these demo accounts when you're already trading as well. Wherever you place it, first, middle or last, the most important part of it is all about learning and as a trader, you need to adopt all every positive material and tips that you see.
For me in trading patience is the best power because when you have money in you hand you can buy anything at any price but keep patience and buying at right time is very necessary in trading. This sample formula just go to sell as well. The middle factor is hold a portfolio then only patience man can do it other things like money, search about project, and more news are also very important to their successful journey also.
I agree with you, it's all in patience, I learned it the hard way! It doesn't matter how much money is involved, the strategy is similar and it's all about patiently waiting for the right moment to buy or sell! I guess this is for mid and long-term traders, people who invest in projects that are worth it and don't fool around with some pump and dump coins!
What makes a trader successful is the profit he's making in long run... we all have a unique journey, how we figured out some things... on that way we make mistakes and we learn from them, it's how we get to experience and knowledge, and once we get that trading becomes a bit easier!
For me in trading patience is the best power because when you have money in you hand you can buy anything at any price but keep patience and buying at right time is very necessary in trading. This sample formula just go to sell as well. The middle factor is hold a portfolio then only patience man can do it other things like money, search about project, and more news are also very important to their successful journey also.
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