the most important things in forex

That`s one of the biggest mistakes can be made - emotional difference between demo and real.

True. But demo still has its uses from a purely technical standpoint that cannot be overlooked.

First, learn to trade Forex. Babypips.com is an excellent site to learn forex trading for free.

agree with you completely, from all trading community Babypips is more excellent for all kinds of traders particularly for beginners level , i always appreciate their pre school which is very supportive to become a knowledgeable trader rapidly. Forex Factory is also great above all for their economic calendar.

I think it's about finding one pattern that works and sticking to it, not doing random trades because you are bored.

I think most important things depend trader to trader, style to style. My advice is learn every thing first. Engineering students learn all subjects in first year. then they can decide which field they want to learn more and to become a expert. Same as traders. First we need to know much enough about markets and trading. Then we can find which suits best for us.so then we can learn more and more, practice more and more. then we can become a expert. Then the most important things will depend on which path that we choose.

First two three years i try every thing. because i do not know which suits me. while getting experience i sensed that some parts suits me and others don't. So now most important things are differ from most important things that believed when i started. So we need to find ourselves.

RISK MANAGEMENT!

True; when you are trading with a proper risk management ratio; then surely your average trading strategy will be little bit exciting! That’s the power of risk management!

indicator is trash, stay away from them, they work only when they work.

i personally never pay attention to fundamentals, they are too subjective for me. i get everything i need from candlestick only.

Money Management, this is one of the most important ones, how much you want to risk, when to take profit, what is your preferred RR.

psychology isnt really important in my opinion. you grow your confidence ones you know that your method work, dont get it the other way around(=having to hold "stress", etc). stress/trigger happy/ holding to losing trades etc happens because you are not really sure about what you are doing. do lots and lots of backtest, as far as i know this is the only way to actually grow confidence and the psychology things will sort themselves.

about 95% failed traders, dont get that discourage you. just move forward and do what you got to do.

becoming a trader needs commitment!
make promise to yourself that you wont quit just because you are frustrated. this is the very first step you have to take. can you push yourself to keep learning when you dont get the result you want even after 3 years of struggle? what about 5? 10? because when we get there the result really will be worth the pain!

good luck,
hello from indonesia too

EDIT: beware of those who selling course with sweet promises! trading is a relatively hard thing to learn, many tries to take advantages confused newbies. i learned everything i know now completely free from this forum. sure there is a hell lot of info to digest, but the aim is to find what works and what doesnt for you.

right now more important things to control emotions, only due to this reason most of the traders above all beginners always fall a great risk and losses, so we need to control emotions for a healthy trading life.

Keep a level head and follow your trading plan - those are the two most important things to me.

following a trading plan is a god thing but the main problem our trading plan not works for all time , the result of trading plan is always volatile , for that reason we need to develop our trading approach , otherwise no way to survive successfully.

No trading plan is perfect but one can adapt and develop and make it better over time.

every trading plan can be perfect by real money money management.

I don't think a trading plan can ever be perfect because some losses always occur, but a good trading plan should account for those.

there is nothing 100% in Forex trading ,
so your trading plan will work 100% ,

its a foolish thinking when trading in practical , nothing without it.

damn true! a trading plan can never be perfect

The best thing one can do is to keep perfecting and adapting it until they're satisfied with their profit/loss ratio.

we know trading plan not works 100% but there is no way we have without it. generally if our trading plan work minimum for 25% , i think its good. i always try to earn profit minimum 20% according to my balance.

Personally, I am satisfied even with 5% profit, if it's regular.