How to become a successful trader?

[Riverman]

I believe that for beginners, it is essential to understand technical analysis and learn to identify technical patterns, in addition to maintaining discipline, to achieve successful trading.

 

[Sekiyo]

(Know themselves)
Recognize what’s an Opportunity
+ The threats associated with it

(Know thyself)
Our ability to exploit them (Strength)
+ Their ability to exploit us (Weakness)

(Know the conditions)
Pick & Choose (through Time & Space)
Opportunity, important enough to outweigh the threats

(Blessing of the Gods)
Aptitude to get the most out of our victories,
Aptitude to give the least out of our defeats.

Success is a blend of observations,
Strategic, defensive and offensive skills.

 

[Riverman]

Thank you for good tips

 

[Fast-Simple]

Forget technical analysis.

What are the alternatives? Technical, fundamental, and...?

 

[Fx master]

to be a successful trader need a long time , minimum for 5 to n8 years. so patience is a big deal in this market place.

 

[JimmyChoo]

if you have proper education and guideline i think within two years this is possible to bring profit by trading without any doubt .

 

[Henry520]

education + a great level of practice trading = the best result of trading

 

[Fx master]

simple solution but really difficult to implement.

 

[JimmyChoo]

otherwise no way to survive successfully , without practicing trading even pro traders will not to bring profit with consistency.

 

[shine]

First of all, you need to focus on studying technical and fundamental analysis, controlling risks and your emotions, and also be able to choose a reliable broker with high-quality trading conditions, minimal spreads and instant execution. I liked the conditions at fxopen.