what things are important to become successful in forex.
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    Registered user Dheeraj123's Avatar
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    what things are important to become successful in forex.

    Hello guys I think our hard work, practice and learning play an very important role in our success in this field without any hard work its not possible to earn consistent profit in forex share your opinion with me and others.

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    To become a successful trader, a trader must have knowledge and experience in this business.A good planning,strategy and analysis is very important to trade successfully.A trader must try to learn to be patience,confidence,keep their mind fresh and cool.They must know to control their feelings of greed and emotions.All this will help trader to become successful.

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    There are many important things are available , to become a successful trader . so First thing is that you should more than more hard work in the Forex trading business. and Atrader must try to learn to be patience ,confidence,keep their mind fresh and cool. .they must know to control their feelings of greed and emotions . all this will help trade to become successful.

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    To become successful trader every trader needs to do hard work at initial days of learning.
    First of all trader needs to learn basics of Forex market and operation of trading platform.
    DO regular practice in demo trading to check your level of knowledge and strategy.
    Trade in small quantity, do proper money management, use less leverage, book part profit and use stop loss,

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    Without spending huge time to learn and practice, we cannot expect to become a good trader. So, to improve trading skill we need to continue the leaning process through ongoing trading. Even, we can keep note of our trading history so that we can study it at the time further trading.

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    Quote Originally Posted by Jamuna View Post
    Without spending huge time to learn and practice, we cannot expect to become a good trader. So, to improve trading skill we need to continue the leaning process through ongoing trading. Even, we can keep note of our trading history so that we can study it at the time further trading.
    That is correct , well there are a lot of things in Forex trading business to play important being successful trades . But For me experience is the main important things of the successful factor in Forex trading business . As surely we can not get successful in Forex without having any experience and knowledge of this business .

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    forex trading is a very wonderful business that offers to build a great career here. but to get success here is very hard thing to achieve. we have to have much knowledge and experience. also we have to practice more and more in demo account to get success.

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    The things which are important to become successful in Forex trading.........are given below
    1)The traders need to become hard working
    2)Never be emotional while trading in Forex
    3)If you are not so experienced then never try to choose the way of scalping
    4)Gather huge experience about the trading policy
    5)Never avoid the little scope of earning
    6)Avoid the greed because it is the main enemy on the way of trading in Forex

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    Many important aspects of a successful businessman, is available. So the first thing that should be done more than the Forex trading business more difficult. And a businessman, patience, confidence, and learn to be trying to keep their minds fresh and cool. They will learn to control their feelings and emotions of greed. This will help you be successful in the trade.

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    For getting success at Forex trading, knowledge is very important and essential because Forex market is complected for its many technical term such as indicator, one minute chart etc.If newbie trader unknown about those terms and start business then he/she can be lose his/her valuable profit. So knowledge is very useful for success at Forex trading.

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