To think like a great trader

[Kazumu Fukunaga]

To think like a great trader you have to attain the skills of a great trader. Forex trading is a work of professional. You need specific knowledge and skills. It is not that you come and learn how to buy and sell and start making money. You have to spend time to learn it.

 

[Mark Dahl]

I think you should spend time to learn in demo account rather hoping to make more money. With knowledge that will come later.

 

[Cooper Truebridge]

Trading skills must be developed to trade professionally. Trading skills and knowledge can turn a trader into a professional.

 

[Gito Dinev]

Read about major trading success of past. Learn and follow what another successful trader are doing and did.

 

[Darragh Bell]

Yes. If you want to become a good trader, you have to learn from the experts how to become a good trader.

 

[Eduardo Lucchese]

A great trader needs to make a good plan to make money from this market.

 

[Alicia Lynch]

If you want to trade, you should always learn from Mistake. And it is possible to become a professional trader only when the trader starts acquiring knowledge through his efforts.

 

[Benjamin Bryne]

If you acquire knowledge, you can become a professional trader. So every trader has to acquire knowledge first

 

[Kevin Vogt]

Entry and exit of a trade is the most common problem. If you think you can predict the direction, you should test your strategy in demo regarding your stop loss. Check what works the best. No one can give you exact suggestion. By trail and error you have to solve it out.

 

[Alexander Hudson]

You need proper knowledge to make money from this market.

 

[kenthansen]

If you wish to think like a great trader, it is of immense importance to acquire the skills, knowledge, and discipline. A great trader is not made in a day. A normal trader becomes great with consistent trading and experience gathered.

 

[Benjamin Bryne]

Psychology needs to be controlled to be a great trader. I think any strategy can be profitable if psycology can be managed properly.

 

[Oscar Shumack]

Demo account can make you pro in this market.

 

[Kazumu Fukunaga]

Demo account can make you pro in this market.

The demo account is the master place for a beginner to acquire all basic fundamental information which is very supportive to continue a live account in a proper way. But practically most of the beginners don’t believe the importance of this trading place at all. In my trading career, I use all my trading strategies in demo trading to see the performance how it works.

 

[Gito Dinev]

Cautious trading always carries profit for traders anb demo account not only helps traders in developing experience but also in enlarging cautiousness.

 

[Nayek Pichai]

The ultimate target of every trader is to maximize the profit level. A cogent plan of trading should be sketched out to maximize your profit. Otherwise they will fail making no benefits.

 

[Bahiya Shinam]

Initially a trader can’t think like a great trader but ultimately he has to do it for progressive trading experience.

 

[LouBega88]

Great traders can derive large sum of profit so to think like a great trader, a normal trader should increase trading knowledge.

 

[LouBega88]

Grow your trading experience so you can think like a great trader. Great traders repent their mistakes and take lessons from them.

 

[Gito Dinev]

Learning attitude is important because if a trader doesn’t have this inclination, he or she can’t develop themselves with time.