Suggestion IMPORTANT THINGS YOU NEED TO KNOW TO BE A SUCCESSFUL TRADER

[Funmife]

1. know yourself - This means you should define your risk tolerance carefully. Understand your needs.

2. Plan your goals - It is important that you stick to your plan.

3. Choose your broker carefully - Broker can kill your trades if you fail to do your due diligence in choosing the right broker

4. Pick your account type and leverage ratio in accordance with your needs and expectations

5. Begin with small sums, increase the size of your account through organic gains, not by greater deposits

6. Focus on a single currency pair, expand as you better your skills

7. Do what you understand

 

[joyaxiam]

1. know yourself - This means you should define your risk tolerance carefully. Understand your needs.

2. Plan your goals - It is important that you stick to your plan.

3. Choose your broker carefully - Broker can kill your trades if you fail to do your due diligence in choosing the right broker

4. Pick your account type and leverage ratio in accordance with your needs and expectations

5. Begin with small sums, increase the size of your account through organic gains, not by greater deposits

6. Focus on a single currency pair, expand as you better your skills

7. Do what you understand

PLUS

Need to have a healthy mind and body to be able to deal with stress and pressure.

 

[everydaycuan]

Thank you for sharing, a very good information for newbies

 

[whysoserious74]

Great info! Risk management is also one of the most important keys to be successful.

 

[nhatnam0103]

1. know yourself - This means you should define your risk tolerance carefully. Understand your needs.

2. Plan your goals - It is important that you stick to your plan.

3. Choose your broker carefully - Broker can kill your trades if you fail to do your due diligence in choosing the right broker

4. Pick your account type and leverage ratio in accordance with your needs and expectations

5. Begin with small sums, increase the size of your account through organic gains, not by greater deposits

6. Focus on a single currency pair, expand as you better your skills

7. Do what you understand

Thanks for your sharing!

 

[vmehta]

Great info! Risk management is also one of the most important keys to be successful.

True it is most important to have proper risk management

 

[ioguadagnosolo]

I add: dedicate to trading just the money you can lose without that changes your life style

 

[kha_]

have discipline in trade and own emotion. Focus and keep on learning. Dream and go beyond.