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    Thread: What is the important element for forex success? (part 6)

    1. #21
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      The important element for success in forex is knowledge. Knowledge is power we all know that, so trailing the market upon good and effective knowledge about forex trading will be the ultimate and you will eventually be successful in the market because you have the right power to trade.


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      i think there are lot of important element available to become success and from them i can say controlling emotion and having more patience is most important, if you have this element then i think you can be success in this market.


    3. #23
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      The most two common element for getting success is good knowledge and trading experience we can gain both this from demo account for doing practice on then they the next two elements which we can removed is luck and greed then we can carefully trading and making more profit,


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      There is nothing so specific due to the fact that so many things must come together for someone to begin to make money here, and above all you must keep learning as the day goes by and improve on the knowledge and experiences you have gathered over time.
      Today's mistakes are stepping stones full of knowledge that can help us overcome the stumbling blocks of tomorrow's challenges.

      My Trading Journal


    5. #25
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      the main element to get ultimate success in this market is to earn more and more in very small time, and also try to make short term trading in start of your trading so that your profits grow and give strengths to your trading balance andlaos the lot will increase as account balance increase for safety margin,


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      i think that the important element of success is experience in this forex trading business, because when a trader have proper experience of doing trades in this market then he know that when is the right time to do trading in this market, so he mostly get good money in his account and never face failure in it.


    7. #27
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      The most important factors to become a successful trader in the forex trading market is learning. Because once we learn we've created a chance for ourselves to have a good trading experience. And as time goes on we will be among the best trader of only we keep doing the right thing in the market


    8. #28
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      Default What is the important element for forex success?

      Fundamental and technical analysis is important element for learning in forex. If any newbie learned well about this both analysis then he will be learned some thing about forex trading. And after well learning then he need to do some demo practice got getting experience. After that he start trading then his loosing chance will be reduce.


    9. #29
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      Quote Originally Posted by Kadiri View Post
      Important element of forex success is experience. If we have experience we will be able to get good success in forex trading. To get experience we will work hard. The trader that is without experience from practice will never be able to gain success. The best way to start is to learn the basics about forex trading first.
      The most important factor to get the success in forex is to learn the business and increase the knowledge. Knowledge is the main point that a trader needs the most. There are so many traders who become a successful trader in their life just by having good knowledge. Knowledge should be increased slowly by reading books, blogs, forums etc.


    10. #30
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      In order to get success in forex,trader needs to keep their consistency especially to keep on learning new things and also to keep their emotion under control,if a trader able to do all of that,then slowly but sure they can make a more consistent profit from forex and get their success.


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