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    Page 8 of 8 FirstFirst ... 3 6 7 8
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    Thread: Task and goal of being a trader

    1. #71
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      The main task of a trader is to learn about the rules and principles guiding Forex trading such that s/he would be able to trade profitably. It is the duty of a trader to acquire all the necessary knowledge, use the knowledge gained to become skilled and experienced through demo trading.

      As a result of these, s/he should be able to achieve his/her goals of making consistent profits in his/her trades. If a trader tried to do the right thing at the right time, then s/he would be able to achieve his/her desired profit level.
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      the goal in this case is to make money and should be narrow down to a realistic expectation such as 1,000usd per month or whatsoever.then comes in the task which includes good knowledge of technocal and fundamental analysis,having a plan(trading) and discipline to stay focused and stick to the plan

    4. #73
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      If we have goal of earning good money from the forex trade, then we shall not able to earn any money from here. Even we can lost our whole capital in a short time in here. If we want to earn money then at first the goal should being a good trader. In order to being good trader, we need to study, practice and keep patience for long time. If we can steady on our aim then once we must be a good forex trader and will able to earn a good amount of money from here easily.

    5. #74
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      Every trader is in this business to make money. So the task/ goals of traders is to make profits from forex trading. Each trader needs to have a target or goal that is specific in terms of how much they expect to make over a specified period of time. The goal is to trade forex with experience and knowledge while milking away pips!

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    7. #75
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      Yes. I am agree with you. At first we need to identify the goal and fix the goal. Then we should start our work to reach the goal. When we shall try to go to near to nearer to the goal then we shall automatically able to understand what we shall do. We shall able to do needed work one after another. It is the road to success.

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