To find success, you have to choose a reliable broker and have to make a profitable plan.
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Why did you start trading and what do you expect from it? 19 replies
Did it ever happen to you? you had to change rules! 23 replies
What did you wish you'd known about trading Forex? 81 replies
How Many Accounts Did You Blow Before You Got It Right? 213 replies
Poll: Where did you find your very own system/strategy? 2 replies
DislikedSuccess in the forex market mainly depends on trading strategy. If you can make a profitable strategy, you can make money from this risky market. A wrong decision can put you in great danger.Ignored
DislikedPersonally it's taken me years! - Around 4 to be exact. I've failed, stacked up many losses and given up the whole thing many times too. But I always come back! And I'm glad I did. I'm getting better and better by the day. Slowly compounding my wins. One that was hard to accept was that - Less is more. I use to overkill time on the charts even on the weekends. I found that I needed time out. Fresh head and a few hours total at most on the charts a day is the key for me to consistently win and minimise my losses.Ignored
DislikedI'm finding some degree of success by not looking my balance till the end of the month or week. Hence i focus more on the trade and less on the money. Since i have no idea how much money is left, i remove the fear and greed aspect that was haunting my mind while i was trading previously. It helps me focus solely on the trade which should be the case.Ignored
DislikedThe first step to finding success is knowing what success really means to you. Don’t measure your success with others. Different traders have different goals and trading is entirely a personal journey. Set small goals and try to achieve them. It will keep you motivated. Try to recognize the reasons behind your failure and your successful trades. Reaching success is a slow ongoing process. There’s no magic pill to make you successful, you have to find your own path through hit and trial methods.Ignored