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For being a good trader

If you want to become good in the trading you just need basic knowledge. If you know the basics of forex you can easily take decisions and make money from this market.
 
If you want to become a good trader you need to make a profitable trading strategy. Besides, you also need a reliable broker to trade in this market. Becoming successful in the forex market is mainly depend on these two elements.
 
For being a good trader you need a good analytical mind. You also need to learn how control your emotions like fear, and greed. Without having these qualities it is not possible to make regular profit in trading.
 
The characteristic of a good trader is how much discipline he maintains. Every position in trading should be planned. It is possible to earn a lot of profit by trading according to the plan. There is a lot to learn in trading. And you always have to trade by maintaining risk according to discipline.
 
For being a good trader you do not need to be an expert in math. Basics knowledge of math will do the work. Learnt to read the market. Observe charts as much as possible. Do demo practice and apply what you are learning. Learn by doing experiments. Have a learning attitudes. You have to spend a lot of time in learning.

Math is not the matter in trading. Broker will calculate your all trade pips, value etc. Trader need the knowledge of the market.
 
Maximum traders in Forex like to trade with high leverage for making profit instantly. But traders who make profit consistency , I don’t think they use high leverage. They way I see it. High leverage gives us the benefits not to worry about margin requirements and one less thing to focus on. Abusing leverage can be costly for traders.
 
analyzing is important , its true but the main problem it not works completely .
because there is no one who can real faction of this market with certainly.
 
You don't have to be an expert in math to do forex but it is better off if you are an expert because if you can handle complex math then you can certainly handle forex trading. Forex trading is a kind of mind game and not many people can handle it. There are so many things associated with ti that require a person with a sharp mind. You will realise that he expert readers are actually very sharp and that is the truth. The expert traders that are not so shar are just lucky or they found a way through. It does not meant hathe non math experts also have a chance because very few make it. You need to know math if you want to do forex to your best. It is very important.
 
analyzing is important , its true but the main problem it not works completely .
because there is no one who can real faction of this market with certainly.
Market is uncertain. However, good trading plan can ensure high possibility to make money from the market.
 
A good trader has a structure. For example, refrains from over-trading do more analysis than trading, always tries to maintain discipline, maintains risk management, and money management. These things must be maintained if you want to trade well.
 
it is more appropriate to go through the school minimum 2-3 times , but newcomer just finished school rapidly and kick off a live account. this is not good.
 
Try to develop your trading approach gradually. There are several approaches of trading including gambling, hedging, scalping, binary option, trading, long time trading.
 
For being a good trader, a trader needs to be patient, disciplined, and consistent in studying the market.
 
I don’t prefer gambling as its profit and loss possibility is equal. Many traders are addicted to gambling because it helps them secure profit or loss very quickly.
 
You cannot dominate over Forex trading but you can just make the best use of opportunities. So, you better count on multiple strategies at a time to confirm a signal.
 
You can use multiple strategies simultaneously to forecast the market with great certainty. Stick to this technique for your better trading.
 
loss is a very common thing that we the traderrs cant ignore after having most powerful analyzing trade knowledge.
 
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