photo
Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
Start trading without
any investments and risks
WITH NEW STARTUP
BONUS 1000$
GET BONUS
55%
from InstaForex
on every deposit
  • Amazed
  • Amused
  • Angelic
  • Angry
  • Asleep
  • Bashul
  • Bitchy
  • Blah
  • Bored
  • Breezy
  • Brooding
  • Busy
  • Buzzed
  • Chatty
  • Cheeky
  • Cheerful
  • Cold
  • Confused
  • Cool
  • Crappy
  • Cynical
  • Daring
  • Dead
  • Devilish
  • Doh
  • Doubtful
  • Drunk
  • Fine
  • Flirty
  • Goofy
  • Grumpy
  • Happy
  • Hot
  • Hungover
  • Innocent
  • Inspired
  • In_Love
  • Lonely
  • Lurking
  • Mellow
  • Paranoid
  • Pensive
  • Psychedelic
  • Relaxed
  • Sad
  • Scared
  • Shocked
  • Sick
  • Sleepy
  • Sneaky
  • Stresses
  • Tired
  • Twisted
  • Worried
  • Yeehaw
  • Reply to Thread
    Page 2 of 2 FirstFirst 1 2
    Results 11 to 16 of 16

    Thread: Is attitude and mindset truly more important than trading skills?

    1. #11
      Will work for pips
      I am:
      Bored
       
      Khaazzz is on a distinguished road Khaazzz's Avatar
      Posts
      36
      Accumulated bonus
      0.00 USD (What is this?)
      Thanks
      0
      Thanked 29 Times in 25 Posts

      Default Re: Is attitude and mindset truly more important than trading skills?

      A good post, attitude and mindset is very essential things in trading as well as in any other work process.Trading skills are also very essential and needed but without mind set we cannot easily focus on anything So for focusing on anything we need a serious attitude and a firm mind set which will help us in exploring things and in doing better work


    2. For the posts posted after 22.08.18, the likes will be displayed after 22.10.18
    3. Demo contests
    4. #12
      MT5 Maniac
      I am:
      ----
       
      debren is a splendid one to behold debren is a splendid one to behold debren is a splendid one to behold debren is a splendid one to behold debren is a splendid one to behold debren is a splendid one to behold debren is a splendid one to behold debren's Avatar
      Posts
      3,138
      Accumulated bonus
      767.24 USD (What is this?)
      Thanks
      324
      Thanked 916 Times in 441 Posts

      Default Re: Is attitude and mindset truly more important than trading skills?

      All these factors work together to make a trader profitable and as such there is no way we can classify one to be more important than another because without each complimenting one another it may be very difficult for a trader to become successful. A trader need to acquire the right trading analytical skills to be able to correctly analyze the market and identify good entry point and also know when to exit his trades, without this skill attitude and mindset cannot make the trader to analyze properly.
      However after a trader have acquire the right trading analytical skills, what he need to keep him successful and be consistent in his trading is the right attitude and good trading mindsets. Without good attitude and correct mindset good analytical skill will also not yield a successful trading. So all are equally important to a trader who want to become successful.


    5. For the posts posted after 22.08.18, the likes will be displayed after 22.10.18
    6. #13
      My pips hand is weak
      I am:
      Happy
       
      Ahmedhassan will become famous soon enough Ahmedhassan's Avatar
      Posts
      63
      Accumulated bonus
      0.00 USD (What is this?)
      Thanks
      62
      Thanked 57 Times in 34 Posts

      Default Re: Is attitude and mindset truly more important than trading skills?

      according to my point of view 90% of trading Forex is in the mind with the remaining 10% being the trading system or strategy employed it is essential that all traders understand the psychological effects of trading in order to develop way to to mitigate the negative effect of letting emotion effects for trading decisions
      the combination of fear and greed are both the enemy of successful trader and being here is the most dangerous enemy of a Forex trader other one is emotional control and greedy approach we have to make our targets basis on daily weekly and monthly targets if we achieve these targets in certain limit then try to away from the market if you fail to to get your target don't be regret to the market wait for the best time wait for the confirm trading opportunity trade with multiple approaches use strategy and planning for getting profit more and more


    7. For the posts posted after 22.08.18, the likes will be displayed after 22.10.18
    8. #14
      Forum Guru
      I am:
      Fine
       
      GhostMode has a reputation beyond repute GhostMode has a reputation beyond repute GhostMode has a reputation beyond repute GhostMode has a reputation beyond repute GhostMode has a reputation beyond repute GhostMode has a reputation beyond repute GhostMode has a reputation beyond repute GhostMode has a reputation beyond repute GhostMode has a reputation beyond repute GhostMode has a reputation beyond repute GhostMode has a reputation beyond repute GhostMode's Avatar
      Posts
      8,320
      Accumulated bonus
      1,993.84 USD (What is this?)
      Thanks
      3,134
      Thanked 3,074 Times in 1,328 Posts

      Default Re: Is attitude and mindset truly more important than trading skills?

      Yes this is actually quite true as regards the Forex currency trading Markets, It is important and advantageous for a Forex trader to have a good trade skill, This helps them to be profitable in their trading. But at the end of the day, Having a wrong mindset can cause heavy losses for a trader who has a good skill but is not in control of his psyche. Both have an equal importance in my own understanding as regards this business.Our attitude and mindset is not something we get immediately in the Forex currency business, We are only able to achieve it by long term practice. Practice is everything in Forex and for this every trader really needs to be practicing so as to learn hos to control and preserve their mindset.


    9. #15
      It's time to retire!
      I am:
      Inspired
       
      fanatic is a splendid one to behold fanatic is a splendid one to behold fanatic is a splendid one to behold fanatic is a splendid one to behold fanatic is a splendid one to behold fanatic is a splendid one to behold fanatic is a splendid one to behold fanatic's Avatar
      Posts
      16,451
      Accumulated bonus
      3,279.42 USD (What is this?)
      caught pokemons
      5 (What is this?)
      Thanks
      111
      Thanked 980 Times in 519 Posts

      Default Re: Is attitude and mindset truly more important than trading skills?

      Attitude and mindset are indeed very important component of the skill set needed for profitable trading in the forex market and eventual success in forex trading. They are no less important than the ability to conduct all forms of forex market analysis needed to determine profitable trading opportunity.

      When a trader has the ability to enter profitable trades, but lacking in discipline and the ability to control emotions, then the progress of such trader will be hampered, until he or she learns to conduct trading in a disciplined manner, and perform necessasry actions in the forex market without the influence of emotion.
      POSSIBILITIES ARE INFINITE IN THE FOREX MARKET, YOU CAN ACCOMPLISH ANYTHING !


    10. #16
      MT5 Rookie
      I am:
      ----
       
      preferito is on a distinguished road preferito's Avatar
      Posts
      27
      Accumulated bonus
      0.00 USD (What is this?)
      Thanks
      0
      Thanked 14 Times in 8 Posts

      Default Re: Is attitude and mindset truly more important than trading skills?

      A skill is that attitude, mindset, techniques, psychology, etc that makes someone to be outstanding from others and that defines their success. In forex trading, every single component that makes someone a successful trader are as important as the others. Attitude as well as mindset are just part of the skills a forex trader needs to have in his toolbox in order to be outstanding from other traders.

      When someone has just attitude and mindset and does not have other required skills, then such person will just be trading blindly without a clear cut advantage or edge. If attitude and mindset is more important than other skills, then almost everybody will be trading forex already on their own.
      But each successful trader you hear about today are well equipped with techniques, psychology, money management, risk management, attitude and mindset for winning among other skills and not just having only attitude and mindset alone.
      In conclusion, I want you to know that attitude and mindset does not stand alone but it is also part of the skills a forex trader needs to have and they are as important as other skills.


    Reply to Thread
    Page 2 of 2 FirstFirst 1 2

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts