9 Tricks Of The Successful Forex Trader - Site Owners Forums

ufxmarket · 09-20-2013, 07:33 AM

Step 1. Define your goals and then choose a style of trading that is compatible with those goals. Be sure your personality is a match for the style of trading you choose.
Step 2. Choose a broker with whom you feel comfortable but also one who offers a trading platform that is appropriate for your style of trading.
Step 3. Choose a methodology and then be consistent in its application.
Step 4. Choose a longer time frame for direction analysis and a shorter time frame to time entry or exit. Step 5. Calculate your expectancy.
Step 6. Focus on your trades and learn to love small losses.
Step 7. Build positive feedback loops.
Step 8. Perform weekend analysis.

Step 9. Keep a printed record.
Regards
ufxmarkets

banosidra13 · 09-23-2013, 10:11 PM

I would add that try to avoid scalping, study properly over the weekends and then go long for trades

aashton · 11-25-2013, 01:55 AM

You got so many points here, that's why i love reading your post. I also want to share a important tips for forex market. You should choose your account type carefully. The various types of accounts provided by can be confusing at first, but the general rule is that lower leverage is better. In the case you have a good understanding of leverage & trading in general, you can be satisfied with a standard account.

________________________
Forex Market Trading Firm

vamsi · 01-11-2014, 01:53 AM

all the 9 steps discussed above are correct to my knowledge and also they are useful

james01 · 01-14-2014, 11:52 PM

Its right that if anybody wants to become successful trader then he should learn Forex Education and Forex Trading from any Forex Education Institution, and learn how to finalize successful strategies and analyzing.

09-20-2013, 07:33 AM	#1
ufxmarket Registered User Join Date: Sep 2013 Posts: 56	9 Tricks Of The Successful Forex Trader Step 1. Define your goals and then choose a style of trading that is compatible with those goals. Be sure your personality is a match for the style of trading you choose. Step 2. Choose a broker with whom you feel comfortable but also one who offers a trading platform that is appropriate for your style of trading. Step 3. Choose a methodology and then be consistent in its application. Step 4. Choose a longer time frame for direction analysis and a shorter time frame to time entry or exit. Step 5. Calculate your expectancy. Step 6. Focus on your trades and learn to love small losses. Step 7. Build positive feedback loops. Step 8. Perform weekend analysis. Step 9. Keep a printed record. Regards ufxmarkets

09-23-2013, 10:11 PM	#2
banosidra13 Registered User Join Date: Jul 2013 Location: New York Posts: 10	I would add that try to avoid scalping, study properly over the weekends and then go long for trades __________________ *Free PDF Books* free ebooks Forex training

01-11-2014, 01:53 AM	#4
vamsi Registered User Join Date: Dec 2013 Posts: 208	all the 9 steps discussed above are correct to my knowledge and also they are useful __________________ AP VRO VRA\| AP VRO VRA Recruitment 2014 \| Ap VRO VRA syllabus \| ap vro vra notification 2014\| AP VRO VRA Hall ticket Download\| Jobs Recruitment Sachin Jobs

01-14-2014, 11:52 PM	#5
james01 Registered User Join Date: Jan 2014 Posts: 4	Its right that if anybody wants to become successful trader then he should learn Forex Education and Forex Trading from any Forex Education Institution, and learn how to finalize successful strategies and analyzing. __________________ If you listen to your fears, you will die never knowing what a great person you might have been. Last edited by james01; 01-20-2014 at 10:48 PM..

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11-25-2013, 01:55 AM	#3
aashton Registered User Join Date: Oct 2013 Posts: 15	You got so many points here, that's why i love reading your post. I also want to share a important tips for forex market. You should choose your account type carefully. The various types of accounts provided by can be confusing at first, but the general rule is that lower leverage is better. In the case you have a good understanding of leverage & trading in general, you can be satisfied with a standard account. ________________________ Forex Market Trading Firm

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