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Thread: Difference between Winners and Losers

  1. #11
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    Quote Originally Posted by tenkofx View Post
    If you want develop your trading skills then must be need increase your trading skill. You can develop your Forex trading skill read book, watch video, discuss Forum and practice demo account. Without develop your trading skill you never make money from Forex market.
    Demo account can be use to more improve our trading skills in forex, we can hone our trading skills there. A successful trader also will try to maximize what already given by brokers. I'm sure they also need demo account to more increase trading skills or test trading strategy

  2. #12
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    winning trader is a trader who is able to control emotions well. Have emotional control will allow us to trade with the maximum. Forex is a business that has a high risk so as to be successful in this business then we need to be able to control emotions well

  3. #13
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    I guess, winners always get knowledge. I received good knowledge from my broker FreshForex. It has free initial training course and forex Encyclopedia and forex glossary.

  4. #14
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    Forex is generally a very risky business and a trader can loose his money if he has no knowldge and skills and he has no experience to trade. So trader must know how to trade to avoid loss.

  5. #15
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    to be a winning trader then we need a good trading psychology. Psychology is the key to victory for the trader. that is why we need to have a good trading psychology that will allow us to trade with the maximum. Train the trading psychology could try to trade with small capital of $ 1

  6. #16
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    There is a good way to test our trading skills: forex competitions. Losing trades happen with everyone, I don't know any single trader who always wins. But we can compete and get to know, how good we are in trading. And make some extra money. I'm taking part in the current Freshforex contest with the main prize $1000. You can join until February 7!

  7. #17
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    differences winners and losers is emotion, winning trader will not be trading with emotion. winning trader will prefer to trade with logic. different from the losers that they are trading with emotion. for that we need to learn to control your emotions so well that it would be advantageous for us

  8. #18

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    Quote Originally Posted by Neil100 View Post
    Forex is generally a very risky business and a trader can loose his money if he has no knowldge and skills and he has no experience to trade. So trader must know how to trade to avoid loss.
    Yes its very important to gain some experience and spend time as much as you could in the market as to gain some knowledge and skill.

  9. #19
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    It is the mix of a few elements that make a trader winner. In the event that you need to be an effective trader and profit you need to make your very own few principles. In the first place of making a trading psychology is essential. Psychology assumes a pivotal part in trading. Proficient traders don't attach themselves sincerely to a trade. To them a trade is just a trade. He may win It or lose it. One the other hand It is hard to recognize that your trade believed wasn't right and that you will lose money. Especially new and fresh traders can't recognize to not be correct. I am a binary options trader. I trade on lxmarkets.com as it is one of the best brokers on the web.

  10. #20
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    Actually on forex both experienced and inexperienced traders can lose their funds, but the difference between the victors and the losers is that the winners learn, improve their mistakes and continue trading. and loser simply give up.

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