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what one will need to be a winner?

Discussion in 'General Trading Forum' started by LorrainMor, Jul 5, 2019.

  1. LorrainMor

    LorrainMor

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    Definitely every trader requires some definite plan, appropriate use of capital, suitable hedge against trading risks, efficient trading objective fulfillment, and effective management of all trading services accessible to him in terms of his trading account. But to be a long term player, he will also require secured, reliable and licensed platform for trading as in this challenging field of forex broker can be a greater support for small scale traders.
     
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  3. radex78

    radex78

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    Small trader or retail trader need long time journey to success in this field, there is no shortcut here, all need process and hardworking, sometimes as trader become victim of the cruel forex market, so to become winner need to learn continuously
     
  4. lioneld

    lioneld

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    I think so; but if your trading balance is more than 50K but trading with an ordinary trading skill then the trading result will be ordinary for sure!
     
  5. radex78

    radex78

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    Trading skill is the main point to become a success, result trading will depending with this reason, how to keep trading with consistent profit is not easy, but if already having good skill, one two-loss will covered by profit that obtained, trading result also depending with position size trading​
     
  6. lioneld

    lioneld

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    Frankly; one- two losses doesn’t mean much! In Forex market; no one can make 100% profit; so we should on the process instead of focusing each and every trade!
     
  7. lioneld

    lioneld

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    A good trading strategy is the key issue; without having it! It’s quite impossible to be a good performer!
     
  8. Mazi

    Mazi

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    Well, at the bottomline, it is your strategy which is making money, not your broker. So, you need to spend time perfecting your strategy and learn from your mistakes
     
  9. Andrew McCalam

    Andrew McCalam

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    first step keep in your mind, mostly beginners try to learn trading within very short time , this is not practical , develop a mentality to pass a long time with great patience. thats all.