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Thread: Be the best ???

  1. #1
    Trader ara's Avatar
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    Be the best ???

    This is important for beginners. If forex is a sport, don't think of becoming a champion of the competition by setting your target to become eligible to be selected as a player in the national team.

    Those who join into forex trading who want to soon become a billionaire in the first year or two, will go far. Beginners are always blinded by greed and then face some difficult consequences.

    The reputation of Forex trading is often tarnished from innumerable stories about people spending their savings or falling into serious debt from it. It's not an easy profession to be a 'master' and we know that many traders do not achieve the ultimate goal.

    Today's technology and internet allows everyone to become a trader with a few clicks on the mouse and smartphone. So many people come to this arena with no more planning and preparation than entering the lottery numbers. The result, most of the time, is that the account closes almost as soon as the account is opened. Sound familiar? Do not worry, you are not the only one, we are all there.

    Yes, everyone has the same experience in forex trading, we are all lost in the beginning, we all get a lot of failures at the beginning. Of course ..., but the problem is ... the majority of us got nothing but losing all our money in bulk.

    You can join many demo contest as the arena to become the best and the champion. But don't ambition to be the best for real trading. It will only make you lose a lot and more. What you should do is focus on learning to understand the market and money management, try to always be relaxed and calm. Even you can become a part time trader first before you really are able to become a profitable trader.

    If you are relaxed and calm like a journey of water in the flowing river, then one day you will be in the estuary and into the ocean where a lot of fish you can get without drifting.

    Do not think to be the best, because you can be the best by itself even if you do not think about it. All is just a matter of time.

    Just focus on developing your skills.

    Hopefully if you read this though, you have realized (like me) that the market has no place to "play around". Market approach with clear mind, focus preparation and confidence to build knowledge and understanding.

    This article is especially for beginners, also for me personally. I am not a master, I just want to be a profitable trader and always be a profitable trader, I am just like you. I have a long-term goal, I have many obstacles in my journey, even once I don't have the money to pay for internet access.

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  2. #31
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    In this business there is every level of making a good trade in forex. We must discover that to be the best we have to work hard and we have to maintain the right trade that would give us all it will take to win. Let's work on learning about forex and be more open on the right improvement that we need. Forex is one of the most profitable business around and we should be able to manage our time to keep learning and seeking on the best chance to make it out. Good traders must work hard always and get to practice to become much better.

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  3. #32
    Trader Killer_Queen's Avatar
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    Quote Originally Posted by Tonycee View Post
    In this business there is every level of making a good trade in forex. We must discover that to be the best we have to work hard and we have to maintain the right trade that would give us all it will take to win. Let's work on learning about forex and be more open on the right improvement that we need. Forex is one of the most profitable business around and we should be able to manage our time to keep learning and seeking on the best chance to make it out. Good traders must work hard always and get to practice to become much better.
    decide what we want to be and how much we want to earn. becoming the best is totally difficult to achieve and only traders who are serious doing this business will finally achieve that. more people are newly come to this business but only few from them that stay alive to continue the learning. i also think that many people distracted by its promising high profit making rather than believing the capable risk it could give.

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  4. #33
    Trader ola4real's Avatar
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    Quote Originally Posted by Makaveli View Post
    Really? well, I was lucky enough to be guided by some good traders who really warned me not to do such silly thing in the market. I did then gave my time to learning on the demo account. I have lost some amount of money but then not that huge and I have had people telling me they want to invest with me, I refused because I don't want such pressure.
    I like the way you admit that the advice you received really paid off for you. The traders who can be trading based on advice of other traders must be sure that those advice are good for using, not that they will be following trading advice anyhow. The forex field needs more of learning of traders, this makes trading to be easier for us, and the best is in the use of what we learned concerning forex too.

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  5. #34
    Trader Yayami's Avatar
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    Quote Originally Posted by ola4real View Post
    I like the way you admit that the advice you received really paid off for you. The traders who can be trading based on advice of other traders must be sure that those advice are good for using, not that they will be following trading advice anyhow. The forex field needs more of learning of traders, this makes trading to be easier for us, and the best is in the use of what we learned concerning forex too.
    we must know that we need a lot of learning and traders who realize their own pain points in trading and need an insight they'd starting to look out for other trader's suggestions to learn. we can be a better trader than we used to be when we're willing to open our eyes and change our mindset because new knowledge can easily come if we become a honest trader to ourself.

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  6. #35
    Trader layigold's Avatar
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    You have hit a very important point that gladdens my heart and that is to " develop your skills" . This is really a heavily loaded clause which if properly understood and carried out would make you be at your best as a trader . You cannot be at your best in a day and the fact that must be appreciated by all traders is that being the best you have ever dreamed off follows a gradual process

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  7. #36
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    If we are eventually hoping to sustain in forex, we have to understand the needed means of trading good and work on actualization of becoming the best for ourselves . Here we have all the chances of making a good trade and we have to keep learning from experience so we can keep developing and having the right means to make good money.

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  8. #37
    Trader ara's Avatar
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    Quote Originally Posted by Tonycee View Post
    If we are eventually hoping to sustain in forex, we have to understand the needed means of trading good and work on actualization of becoming the best for ourselves . Here we have all the chances of making a good trade and we have to keep learning from experience so we can keep developing and having the right means to make good money.
    Yes, we have a responsibility for ourselves, focus on the process and progress on the way to success. This is not an instant thing. Everything happens gradually, there are several phases to go through in order to achieve success. Throw away all ambitions to become a master in one night. Some people say that a trader who won in a demo contest with thousands percent of profits in a short time was a very great trader. Yes, that's true, but it's not as complicated as we think of. Because being a champion in the demo contest does not need to use strict risk management, even we have to trade high risk to get the biggest profit possible. And we can get margin call in many contests before we finally get a champion when the market conditions are really in line with our strategy. There is a luck factor in it.

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  9. #38
    Trader ola4real's Avatar
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    Quote Originally Posted by Tonycee View Post
    If we are eventually hoping to sustain in forex, we have to understand the needed means of trading good and work on actualization of becoming the best for ourselves . Here we have all the chances of making a good trade and we have to keep learning from experience so we can keep developing and having the right means to make good money.
    Being the best is not what is easy, but there is nothing going to be too hard for the trader that invest in learning, they can use that to achieve anything in the forex field, and the trader will then knows how to trade well when they are serious with their learning. I see nothing too hard for traders that did not stop learning, they are the kind of traders that can be the best when they choose to and believe in themselves too.I

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  10. #39
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    Quote Originally Posted by Yayami View Post
    we must know that we need a lot of learning and traders who realize their own pain points in trading and need an insight they'd starting to look out for other trader's suggestions to learn. we can be a better trader than we used to be when we're willing to open our eyes and change our mindset because new knowledge can easily come if we become a honest trader to ourself.
    The issue of learning in the market is just nonnegotiable, every trader should know that. We have to learn and also train extensively with what we have learned, that is what will help us to gather the right trading experience that will help us to trade the market professionally. Through this, we can trade as we like and be the best in the market if possible.

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  11. #40
    Trader Yayami's Avatar
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    Quote Originally Posted by ajagbeolegba View Post
    The issue of learning in the market is just nonnegotiable, every trader should know that. We have to learn and also train extensively with what we have learned, that is what will help us to gather the right trading experience that will help us to trade the market professionally. Through this, we can trade as we like and be the best in the market if possible.
    never doubt that too because without learning, it's impossible to know something about market and it would be very hard to analyze the next possible movement of market. becoming the best is when we can fight and defeat our old bad habits and past mistakes which every one of them must be evaluated and recovered. the result of all process will become a lot of experience that's useful to give us more power to analyze market.

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