Steps that a newbie trader become real trader

[hung]

Step1: Learning from experienced trader. How long:more than 6 months.
Step2: Practice demo for good results. How long: 3 months
Step3: Real trade with little money. It is fail , you have to come back step2.
Step4: Develope skills trade to excellent that you can trade big deals.

 

[hung]

Step1: Learning from experienced trader. How long:more than 6 months.
Step2: Practice demo for good results. How long: 3 months
Step3: Real trade with little money. It is fail , you have to come back step2.
Step4: Develope skills trade to excellent that you can trade big deals.

Practice everyday

 

[deelfx]

Step1: Learning from experienced trader. How long:more than 6 months.
Step2: Practice demo for good results. How long: 3 months
Step3: Real trade with little money. It is fail , you have to come back step2.
Step4: Develope skills trade to excellent that you can trade big deals.

practice with demo account and record the result... not many can follow the discipline

 

[joemamela]

Step1: Learning from experienced trader. How long:more than 6 months.
Step2: Practice demo for good results. How long: 3 months
Step3: Real trade with little money. It is fail , you have to come back step2.
Step4: Develope skills trade to excellent that you can trade big deals.

This is great

 

[vicfxtrader]

Just practice with demo first and from their use a real account. Difference between demo and real is mostly psychology.

 

[Robert Githu]

Step1: Learning from experienced trader. How long:more than 6 months.
Step2: Practice demo for good results. How long: 3 months
Step3: Real trade with little money. It is fail , you have to come back step2.
Step4: Develope skills trade to excellent that you can trade big deals.

Found this interesting post on the steps to becoming a professional trader:

1. Unconscious incompetence
2. Conscious incompetence
3. An awakening moment
4. Conscious competence
5. Unconscious competence

 

[Lanfuss]

Beyond all the technical and learning support essential in my opinion is to have an iron psychology

 

[eeshan]

I practice this everyday for become good trader

 

[Duke98]

Step1: Learning from experienced trader. How long:more than 6 months.
Step2: Practice demo for good results. How long: 3 months
Step3: Real trade with little money. It is fail , you have to come back step2.
Step4: Develope skills trade to excellent that you can trade big deals.

Learning is not enough, you must have strong emotional control while executing trades on real account. When the trade goes aqainst your way, be prepared to pull yourself together and then execute the next trade. That's when most traders lose money when they lose their first trade and can't keep control, they keep on losing.

 

[damon virk]

hey is this site reliable? im new here and i just wanna know if ive landed on the right place

 

[Duke98]

hey is this site reliable? im new here and i just wanna know if ive landed on the right place

Spend some time, and then you'll know how informative this forum is.

 

[mu2k1]

The key is a good system and a good money management, also don't do too much keep it simple.

 

[mailosniper]

Practice everyday

thank man

 

[Kay629]

Step1: Learning from experienced trader. How long:more than 6 months.
Step2: Practice demo for good results. How long: 3 months
Step3: Real trade with little money. It is fail , you have to come back step2.
Step4: Develope skills trade to excellent that you can trade big deals.

blow up some accounts.

 

[Abee]

I just started and I been taking courses to help me out. I need to practice more

 

[vkongkad]

I still cant control my emotion. Always close with small profit and let negative profit grow bigger. Any suggestions on how to improve my fear?

 

[zOne]

Practice everyday

When u lost in trading u will learn day by day.. Mental preparation is must.. Dont be too greedy

 

[Smart]

Learning take some time, you will see result after a while.

 

[loveybean]

It really comes down to psychology. Revenge trading is the worst and has blown so many of my accounts. Trading forex you really have to be honest with yourself.

 

[Aerogenesis]

To become a successful trader, you must have the right mindset. You must be open to learning from all the sources you come across, regardless of how well you think you have already learned. Also, keep track of all your trades with a trading journal so that you know where you need to improve.