How to become a successful trader?

[Coner1980]

As a newbie what things we should consider to become a successful trader? Plz help me to understand it.

 

[SteveM]

Most important rule: Learn how to lose money properly.

That means appropriate position size, always entering stop loss orders, always sticking to stop loss orders, not revenge trading, not hoping and praying.

It took me 10 years of losing money to understand how foundational this rule is. Hopefully you will learn it quicker than I did.

 

[marsku]

Forget technical analysis.

 

[padutrader]

It took me 10 years of losing money to understand how foundational this rule is. Hopefully you will learn it quicker than I did.

13 years for me
and have some kind of method.......read this book

 

[padutrader]

Forget technical analysis.

then forget trading

 

[DevBru]

13 years for me
and have some kind of method.......read this book View attachment 249595

You are still losing money ...

 

[padutrader]

You are still losing money ...

and you are bothered

how sweet.

i am gaining a hell of a lot of knowledge.

i have more than enough money
i would exchange one for the other any day.

 

[padutrader]

You are still losing money ...

It took me 10 years of losing money to understand how foundational this rule is. Hopefully you will learn it quicker than I did.

this is whAt it took me 13 years for

 

[marsku]

[QUOTE = "padutrader, post: 5302956, członek: 504452"] 13 lat dla mnie
i mam jakąś metodę ....... przeczytaj tę książkę [ATTACH = full] 249595 [/ ATTACH] [/ QUOTE]
don't read this book

 

[padutrader]

You are still losing money ...

only losers focus on losers