If you want to be successful, you must be patient. Don't take risks in the beginning and find good trading tactics.
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How can be a successful trader ?
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1. learn the basics
2. analyse the market in order to learn how to identify a price trend
3. choose the currency pair
4. try online forex trading on free practice account (good option: https://justforexidn.com/education/practice-account-opening/?c=fd58bf)
5. choose the broker
6. improve your strategy and sharpen your psychology as well
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Originally posted by mdenamul View PostNow I am trading in forex . Already I have earned some profit . Now I want to earn a huge amount of money .That is why I want to be a successful trader and searching good suggestions to trade.
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To become successful in Forex market is a challenge for one who are new beginner as this market is huge being global there are so many trader and brokers who have made their remarkable place and name in market with their rich experience and skills. To explore your self in trading open a Demo account with any broker i would recommend LMFX, they provide you good leverage as well as basic trading study kit so that you can do well on demo account and prepare yourself for LIVE account.
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Originally posted by Davidfeliciano9 View PostDevelop a trading plan and always adhere to it. Don't risk more than 2% of your margin per single trade. Keep your emotions separate from trading. Never trade to compensate for your losses.
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