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    Thread: How to choose successful trader?

    1. #1 Collapse Post
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      Default How to choose successful trader?

      Hello my friends i want to know what is right steps to choose successful trader is it the equity of the balance or percent of profit or what?


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      The best way to chosr a trader that you will attach your account to is to first study how too see is account statement before investing with me


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      I think, it is fragmatic. Which means that, to become success in every part of our life, is not easy. Especially in Forex trade, we must spent a lot of time and money to learn about Forex, before we can being something called “trader”


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      Quote Originally Posted by josephfx     
      Hello my friends i want to know what is right steps to choose successful trader is it the equity of the balance or percent of profit or what?
      i think to be a successful trader is don't be greedy and have a money management.. how to do that is you must learn much more about trading forex.. and practice in demo account first to first time..


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      Quote Originally Posted by josephfx     
      Hello my friends i want to know what is right steps to choose successful trader is it the equity of the balance or percent of profit or what?
      If you want to judge a successful trader, then look into its equity and free margin, if the free margin is high and equity is also high then you may say that he is a trader with profits, and secondly look over the trades he closed, if you find more than 40% in minus then you can not say that he is a successful trader, if you find more than 80% in positive then you can say that he is a successful trader, but depends upon daily, weekly and monthly statements.


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      In choosing a successful trader you should concentrate much on his/her returns in profit other than his/her invested capital,one he/she should be making consistent profits and with minimal losses,he/she should be uniform in terms of pip value he trades example 1-2lots all through,and also should not be a high risk taker

      As a trader always enjoy the party, but dance near the door-
      George Soros


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      i choose him from what i see with this success trader that he make a profit and see it to all in his demo account with money management when it be success he will be a success trader


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      Quote Originally Posted by mehwishraheel     
      if you find more than 40% in minus then you can not say that he is a successful trader, if you find more than 80% in positive then you can say that he is a successful trader, but depends upon daily, weekly and monthly statements.
      this is absolutely not true...it depend on your RRR...if you have risk/reward ratio 1:3 you can have than you will be profitable even with 30% winning trades only
      on the other side if your RRR is 4:1 than you will not be profitable even if your success rate is 80%
      Invest with me


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      in order to choose such a trader then you should take care of a few things, like his history and the graph between his equity and balance is the most important thing there is. don't get fooled by the amount of the money he got he might have won it all in a fluke of luck that's why you should be careful.


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      Quote Originally Posted by Santos     
      in order to choose such a trader then you should take care of a few things, like his history and the graph between his equity and balance is the most important thing there is. don't get fooled by the amount of the money he got he might have won it all in a fluke of luck that's why you should be careful.
      caution that it should be from us as a trader in order to better understand the various positions and actions that will lead us to a variety of rules that naturally clear for us to continue to try to better understand each success that we choose through forex trading


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