Thread: How did you find success?

I am hoping to become a successful trader. I am not seeking to become wealthy but it would be wonderful to be able to make additional moolah. To those who doing that today please will you give some guie to ensure us fighting rookies can gain from your experiences.

Originally Posted by ;

I am discovering some amount of success by not appearing my equilibrium till the close of the month or week.

Therefore I focus more on the commerce and less about the money.

Since I have no clue just how much money is left, I remove the anxiety and greed facet that was haunting my thoughts while I was trading before.

It helps me focus solely on the trade which should be the situation.

Couldn't have said it focus more on the commerce and less about the money. Additionally, study a method and timeframe that suits you, utilize sound money management methods, master your personal plogy, and trade small till you have a specific level of success.

Trading is a travel - do not expect to attend a few days convention and be equipped to be a successful travel. Have you ever heard of anybody who learnt how to swim through studying a book on swimming.

In my opinion, everyone needs to develop their own travel.

Edit:'m still discovering my own.

Originally Posted by ;

to get trading success then I want to understand and practice a lot of trading. Forex is a company which has a high risk, to succeed we need to constantly improve their abilities and a good trading plogy and therefore we should never stop studying

Yes learning is an inevitable element of trading, and there is no end of learning in Forex. So it is more important to make sure that a ideal trading platform which has exclusive instructional facilities with essential terms and conditions.

All of these are very good resources thanks to posting them. I agree with Arto that money management is very important. I don't think you can ever succeed without it.

I appear to be a lot luckier nowadays. It's taken me 2 - 3 years and today I'm making money. I have just recovered from some type of bizarre RSI injury within my mouse arm so that I now use my other hand to operate the mouse. I lost quite a bit of money. When I look back at a few of the transactions I took and held on to I break out in a sweat and proceed red.

From the spare room there's a falling over stack of notebooks, squared paper, together with all kinds of egies back tested.

I simply look a bit luckier nowadays. Not only that, but I'm ambidextrous!

I'm finding some degree of success by not appearing my balance till the close of the month or week.

Hence I concentrate more on the commerce and not as much about the money.

Since I don't have any idea how much money is left, I eliminate the fear and greed aspect which was haunting my mind while I was trading formerly.

It helps me concentrate solely on the trade which should be the case.

Originally Posted by ;

I am discovering some amount of success by not appearing my balance till the close of the week or month.

Therefore I focus more on the commerce and not as much on the money.

Since I have no clue how much cash is left, I eliminate the fear and greed facet which was haunting my mind while I was trading previously.

It helps me focus solely on the transaction that ought to be the case.

Really Wonderful thought even I have stopped keep gazing at my account balance and profit and loss of a Specific trade,rather I focus on commerce setups

My very best guess will be countless hours of hard labour, a life of training, discipline and a curious character.

Originally Posted by ;

My very best guess will be countless hours of hard work, a life of training, discipline and an inquisitive character.

Not many, but a lot of hours. For me the equivelant of about 40 hours each week over 3 years. From what info I have found that's about typical. So not a life. Someone younger, brighter, more gifted or using a great teacher may select up at a portion of that time. Who knows?

Originally Posted by ;

Not many, but a lot of hours. For me the equivelant of about 40 hours each week over 3 decades. From what information I have found that's about typical. So not a lifetime. Someone younger, brighter, with a fantastic teacher may pick up in a fraction of the time or gifted. Who knows?

I guess it is dependent upon your style. I feel like if you trade on fundamentals you never stop following and analyzing news. That's a 24 hour a day job. I'm new to currency but that's how I have approached every other type of investment.