tips for become a good trader?

Fordrelsa · May 17, 2020

Need to constantly evolve and practice.

Sekiyo · May 17, 2020

http://mastersinvest.com/tutorialnavigation

Remember to be either first or be better.
And do not forget the rule #1,
DO NOT LOSE MONEY.

Esha.J · May 18, 2020

SteveM said:
My recommendation:

1. Learn to use a backtesting platform.
2. Develop a trading model that is robust, with logical trading rules on when to enter, exit and take stop losses on your trades.
3. Trade the system religiously for 1 year straight, following your rules on every trade.
4. Keep a journal documenting how well you are following your system.
5. Keep backtesting other ideas and refining your current system as new information becomes available to you.
6. Judge your success not by making money. Judge your success by how you handle losing trades and your ability to stick to your trading system.

If you can do the above for a year straight, you may have a shot at becoming successful at this.

All points mentioned above are superb and accurate. I believe with this confidence is also a major thing that affects a persons mind in the forex market. Its often said YOU ARE THE RESULT OF YOUR CONFIDENCE.

Macy Jones · May 27, 2020

These are some tips:
1. Be an optimist but keep your expectations realistic 2. Be passionate
3 Be patient and learn from your mistakes
4 Never panic

Hannah21 · May 27, 2020

Keep up with the markets.
Avoid over trading.
Develop a trading plan.
Set up stop loss and take profit.
Choose a trading strategy.

Coner1980 · May 27, 2020

There are many courses available in the market and over the internet, some are free and some are paid. If you have some money to learn you can get some paid courses and learn Forex in a better way.

Zalak · May 29, 2020

For success, you must understand that you must constantly develop and learn, as well as spend a lot of time on trading

Eden10 · Jun 2, 2020

I personally think its just time and interest, the more time and interest you put into forex you will know and understand how it works and what can be done to decrease the loss and gain more profit.

Katyannaria · Jun 2, 2020

not everyone is given this, but if you try to succeed, perseverance in any business gives the result

Abbas Ali Khan · Jun 2, 2020

Hannah21 said:
Keep up with the markets.

Avoid over trading.

Develop a trading plan.

Set up stop loss and take profit.

Choose a trading strategy.

its all has logic , avoiding over trading should first step , because only this reason we the traders always lost our maximum equity.