how to be a good trader?

Mofyn

Trader
Nov 4, 2019
7
0
7
39
It seems to me that in order to be a good trader, you need to invest a lot of effort in training and practicing your knowledge. In fact, the market is a very dynamic structure and it always requires you to do more than you expected, it may sound ridiculous, but it is my personal feeling. And in order to stay on par with him, you need to make an effort and develop. For me trading was a real test of strength, because only in this business I had serious losses. But now I can feel more confident and faster to cope with the difficulties only because in my time I quickly learned the above rule and began to apply it in my daily trading.
 

CharlesV

Trader
May 18, 2020
5
0
6
36
To be a good trader check this points:
  1. Start with Demo Account
  2. Set Goals
  3. Follow a Forex Trading Strategy
  4. Manage Risk
  5. Do Your Research
  6. Be a Patient Trader
  7. Don't Overtrade
  8. Find a Trading Style That Fits Your Personality
I just look at anther post where people recommend to start with demo too, thanks for giving all the picture

What do you think it should be learnt first? Data analysis? I've seen some estadistical methods that are recomended for people to learn
 

Rosa paula

Trader
Apr 15, 2020
14
1
9
26
Bangladesh
If you want to be a good trader, then I think first you need to learn properly about trading.
like, what is trading and how it works.
you can practice with a demo account.
 

David_diego

Newbie
Jul 4, 2020
7
1
2
32
Keep working towards your goals. Aim for consistency and work on your skills, learning part and keep testing your strategies with demo. This will help you be successful here.