Loser 2 Winner

[braveheart2009]

Hi,

 

For those who have made it or near making it in trading what changed it for you to make you profitable?

 

Thanks.

[sheetal]

>Think differently (prespective)

>Risk Management

[dannydon786]

You need to lose your bank at least 5 times to make money in forex

[ForexMike]

Find a successful forex trader that can be your mentor. Win-Win Situation.

[maddman]

Braveheart2009, at least you are asking the right questions. Jason Jankovsky has written several books and studied under Mark Douglas for several years. If you were to read all the books by Jankovsky and Douglas along with the video's and learn the Psychology of Trading that they both teach, you then could have the background to become a good trader. Becoming a profitable trader is an Art. In reality it all depends upon YOU, and just how serious you are to become a success, isn't it?

[shabz]

Develop your own simple strategy with simple rules, keep your risk small and be prepared to lose, no strategy can be perfect.

Take trades with a calm mind and do not chase trades, there will be other opportunities. Keep your ego out of trading.

[Jonathan Groff]

Hi,

 

Win and Lose are the part of the Forex. Its not like that If you loose in Forex trading you will not succeed next time. It happens with every trader. Its always depend upon the strategies the trader opt for the trading. Its always better to analyse all the time your strategies, tactics and also always take the advice from the experts.

[dannydon786]

I agree with bestforepartner with most of the stuff.....but not analyzing all timeframes.........just stick to 1 timeframe...otherwise it confuses and we make mistakes...never mind it is 1 min, 5 min, 15 min, 30 min, 1 hour or 4 hour...juast stick to 1 timeframe

[Fxheaven]

  ForexMike said:

Find a successful forex trader that can be your mentor. Win-Win Situation.

 

Would you please suggest some good mentors.

 

Thanks.

[⭐ megashop]

  dannydon786 said:

I agree with bestforepartner with most of the stuff.....but not analyzing all timeframes.........just stick to 1 timeframe...otherwise it confuses and we make mistakes...never mind it is 1 min, 5 min, 15 min, 30 min, 1 hour or 4 hour...juast stick to 1 timeframe

 

all is useless without DISCIPLINE, stick to your plan follow it no matter what, 100% discipline at all cost :D

and you will be a profitable (if your sistem is good higher than 50% winrate)

[murtamad]

  dannydon786 said:

I agree with bestforepartner with most of the stuff.....but not analyzing all timeframes.........just stick to 1 timeframe...otherwise it confuses and we make mistakes...never mind it is 1 min, 5 min, 15 min, 30 min, 1 hour or 4 hour...juast stick to 1 timeframe

 

Danny, bestforexpartner actually said "analyse all the time" not "analyse all timeframes".