SECRETS TO SUCCESSFUL FOREX TRADING

[gaban]

the secret to success in forex trading is to have a good trading skills, to have a good trading skills will allow us to trade with the maximum. for it, try to always improve trading skills that will make us better able to survive in forex

[myregister]

No secret if you want to be success, everything has been shared. You need first to manage the risk, never spend more than 5% daily of your total capital. If you are daily trader and have $1000 never spend more than $50 of your total capital so maximum loss is $50 daily. After that control your emotions never be greedy nor fear in the wrong time also trade with only proven strategy, in my cases i prefer fundamental analysis based strategy which means i am news based trader.

[pepy]

I totally agree with myregister. No secret but discipline, many traders become greedy because they want trying act to control their greed or fear and don't want to eliminate it and lose their money which is a common sense playing with fire. If you want to be success, you need to learn, trade, and discipline in each trading.

[onyx]

Yes discipline and risk management techniques used in trading really works. it is a secrete how a trader use this while trading . His own experience and skill involves to make trading a disciplined and planned business.  Follow some rules and see what market is doing this time , it is a best way of trading.

[pepy]

Secret? Do you think something like this is exist in forex? Only discipline and risk management that helps us and these are not so secret things. To be successful you don't need any secret, but people tend to overlook this cases and thinking something secret or big easy ways to earn money through forex, but in fact it is simple only it takes longer time for us to master it but it still various to each person.

[myregister]

Secret could exist, but not like what you think sidejob? I assume that you think like some kind of strategy that people don't know but actually that is exist, only people don't do it so much, it is exist in forex but people don't do it because they think that won't work or never know it exist. Like news based strategy which many people don't know.

[pepy]

But original poster of this thread is talking about secret like that. Secret where you can make bucks with only few second steps and you won't need such analysis or even you need it will be just short analysis that isn't really depth with no indicator for example. In fact strategy like that isn't exist and it is not a secret at all. Forex is transparant without any secret and someone who said secret is really a bully.

[myregister]

Of course, who think that kind of thing is exist, by the way secret that original poster said isn't real, but actually or technically the secret is exist, but it is a common secret. People tend to forget it because maybe they think that isn't real deal for them, the key to success is a good money/risk management. Don't spend your money blindly and just spend at most 5% of your total capital.

[aliforex]

To be successful in forex, we really need patience. Because all it takes process. We can not get it instantly. Most importantly, do not give up and still make the experience as a lesson to make us a better trading. 

[pepy]

@aliforex: That is not a secret that is a clear thing and also logical one but people tend to forget or ignore it because they think patience is for someone who will lose the chance easily, but in fact patience will let us to think clearly and actually there's no such a secret to be successful in forex trading.

[gaban]

in forex trading this, we need patience, the patience it will allow us to trade with the maximum. with patience then we can find the right moment to enter and exit the market. for that, we should be able to practice patience with a demo account

[kim]

Hard work is the real secret for forex success. You cannot succeed in forex market if you don't like hard work. A lot of years  are needed in order to become a good and successful profitable trader but its worth trying.

[Anamaria]

Many people who claim they know Forex secrets but the fact is 95% of traders lose and the real secret of success is very simple and enclosed in this post in fact, you you can see its correct by the Forex fact enclosed.

 

The reality is that since Forex trading began over 90% of traders lose money and this is despite all the advances we have seen in trading news and trading technology. But why are people still losing in this tradee?

This is due to the nature of man. While it is fashionable to think you can beat the markets with technology it remains a fact that simple Forex trading systems work best and always will, because they are more robust than complex ones.

 

The Forex trading is really simple and anyone can learn a simple method which can make money but the real secret of success is learning how to apply a system with discipline.

 

Another secret of success for any trader is within and it's adopting a mindset which is disciplined and can keep losses small. In Forex trading, the market doesn't beat the trader, the trader beats himself by allowing his emotions to get involved.

 

You can get a disciplined mindset and it comes from leaving your ego out of your trading and taking your losses then, having the confidence to run your profits and not bank them to early.

 

So there you have the secret of success, there is no way to beat the market but you can win, because the secret of Forex trading success lies within you.

 

I agree with your point on discipline & Hard work

[Zoe]

 

 

Forex Markets are not that difficult. But what is your plan? This is where many people go wrong. They open an account, invest a little time learning a broker provided trading program, start trading, lose money and quit. About 95% of people are in this basic category.

This may sound simple but most do not establish a reasonable plan that includes learning the basics from those that have been successful in trading Forex. The successful traders have a reasonable plan and stick to it. They look for small but consistent profits that add up over time.

[myregister]

Hard work is the real secret for forex success. You cannot succeed in forex market if you don't like hard work. A lot of years  are needed in order to become a good and successful profitable trader but its worth trying.

Hard work? Well, the defenition of hardwork should be define here if you we want to discuss it together. Well, people choose forex because that require less work, means that you shouldn't do typical 9/5 jobs that you do all around business days. You said hard work is the real secret but if we work less then doesn't it mean we don't need to work hard. We just need to be adaptable or smart working.

[gaban]

The secret to success in forex is to try to trade using small capital used for mental training. success begins with a strong mentality. Without a strong mental it is not easy for us to succeed in forex. for it, mental training indispensable

[radex78]

Successful trader will never come easily, required long time process and experience, but also will depending wth skill each trader also, if they can manage money in uncertainty market condition and they can learning the trend market behaviour, hence they can easily to become success trader I think, so if we want to become sucessful tarderalso ned learning and improve our experience.

[pepy]

I do wonder why up to now many people still want to find a secret for forex trading( in this case compared to holy grail strategy), while they can easily see that trading in forex doesn't need much secret. It just need more patience, more experience, and a very small bit of luck.

[gaban]

to be successful, we must never tired  stop learning because forex trading is a business that is not easy to succeed. to succeed in forex then we need to continue to improve skills and psychological well. therefore a lot to learn and practice trading indispensable

[uncle gober]

Learn from the experience of other traders who are successful will be especially beneficial for traders, but traders should have the motivation and hard work to understand everything. I am now lucky to make trades on the broker that provides benefits to doing scalping without any limitation

[Levie]

I think one of the secret for successful trading is knowledge, it is important that we know everything about forex trading. for us to makes or crate good plans on trading. practice also are important in trading to enhance your ability as a trader,.

[aliforex]

I think one of the secret for successful trading is knowledge, it is important that we know everything about forex trading. for us to makes or crate good plans on trading. practice also are important in trading to enhance your ability as a trader,.

 Of course, without any knowledge we can not trade and get maximal profit in forex. Demo account also must be maximized to our trading skills be more improve. Also, we need to learn from our trading experience.

[Levie]

For me , one of the secret for successful trading is knowledge. because if you have knowledge you can create effective plans that can help you to get good profit from all of your trades. That is why before you enter forex trading business. Make sure that you learn all important details that a trader must know for them to have a profitable trading experience.

[yasrielkarunia]

The key to a successful trader

 

1. Trader's Psychology

 

God gives us reason and mind. Therefore in the way of playing forex we should be able to rely on two things. Mental is one of the determinants of the success of traders in order to master the way of playing forex which in the end they are successful. Imagine in your mind and mind that playing forex is the same as buying and selling business in general. Do not consider how to play forex with gambling, games or sports. We manage this business.

 

In business people must be ready to accept defeat and do not expect much victory in a moment. Obey the trading plan that you have managed. With this way of playing your forex will be more consistent and do not make you stress. In the trading plan we are required to be patient and disciplined. Because the way to play forex is to play high probability, then from loss (loss) and profit (profit) we can arrange better. The most important is our profit is greater than the loss we get.

 

2. Money Management

 

How to play forex one is also very important, also still concerned with the psychological problems of traders earlier. If you can apply good money management, your trading psychology must also be safe under control.

 

Learn how to play forex using this money management, first we must limit the losses we will receive. Accept the sincere of these losses, because if not limited to the loss will be faster you in the abyss of failure in playing forex. So also from the benefits you will get, you also put how many targets to be received. It provides a way of playing forex that is not greedy or greedy.

 

Of these two important points are things that must be understood by the traders in the way to play forex. Because not only the expertise in analyzing and planning alone, because the most true in how to play forex also learn about psychology and financial management. May you be included in a successful trader.

 

BTW, does anyone here ever try to work with a Broker?

if you have not tried to cooperate with FXB Trading because this broker can be trusted, the service is friendly and good, and gives you lot provit.

[gaban]

To succeed in this forex business is a thing that is not instant, but successful in forex it takes struggle and also sacrifice. And I myself with always improve the ability of good trading with the benefit of demo account and also his demo instaforex contest to learn against good and true trading on the run, so when dive in real trading we can afford to achieve its benefits consistently