The combination of success factors trader

 

Based on my experience, real success in forex is not measured by how much profit you earn every day, but how much you can endure. To determine continued success, a forex trader must have four key factors as the principles that must be held:

1. Science and Technique of the right
2. Money management
3. emotions
4. Discipline
The combination of all these factors will make you a trader prudence, integrity and excellence.

Science and Engineering ~ Without proper knowledge is like walking down a dark alley at night. There are no guidelines and ultimately guide you stranded somewhere.

Money Management ~ Cool: even if your knowledge if you are trading without complying with the correct lot size and limit the ability of your equity you've definitely lost.

Emotions ~ is something terrible. It has to do with our ability to control appetite. This is the biggest jihad within ourselves. That is why the Lord requires that we fast semata2 to train ourselves to control emotions, greed, desire, intolerant and so on.

~ Discipline is an important asset that needs to be there in person. Disciplines related to principles, positive attitude, determination and identity of a person. If you're a positive thinking you will consider failure as a lesson for us to learn from mistakes.

Tip Successful Trader

 

How to have a mind like a professional forex trader?
Its professional forex traders think about the forex market is far different from the way the new trader venturing into forex thinking. Basically, the difference of perspective and psychology that will determine whether you will become a successful forex trader or become among dumping forex traders fail.
So, how do you want to begin to have thoughts like any professional forex trader and thus putting yourself in a successful forex trader? Continue reading to get tips in this article.

1. Do not promote a forex trading activity complicates things.
The first step you need to do to have a perspective as professional forex trader is to remove all the indicators or robots that have made forex chart looks bushes and fiber. This has never failed to surprise me if many of the new forex traders do not want to waste forex indicators and forex robots that they use.
Actually, these objects are objects that do not need to generate consistent profits in forex trading. In fact, these things that will make you doubt in your trading and will always lead you towards the wrong decisions when trading.

Make something complicated forex trading is one of the big mistakes often made by new forex traders. Honestly, the process to get consistent profits through Forex is not an easy thing, so do not make this process more difficult by the presence indicator and ineffective robot in your trading.
It is more than adequate if you have set a number of conditions and strategies in forex trading. I believe, if you are able to familiarize themselves with the rules and strategies that you set, you will feel how silly indicators and robots had previously haunt you in forex trading.

2. Do not be too worried about the news and fundamentals in forex trading activities.
There is no reason you take time to worry about the news and fundamentals when trading forex. I admit, news and fundamentals are driving the price of forex market but it's easier and more efficient if you learn to trade in accordance with the strategy that you have set against trying for trading by news.
Most successful forex traders choose to trade forex using technical strategy that is easy and not worry about the news to be announced. This is because, any news about forex will be announced by the facts that appear in your forex chart. Forex market price displayed in your forex chart is the final result of the news that was announced.

So, if you want to have thoughts like a professional forex trader, take more time to learn forex trading strategy technically than worry about forex news to be announced.

3. Avoid emotional when trading forex.
In fact most new forex traders who have put themselves in a state of emotion in trading by trading two basic things in the wrong way.

First of all, they do not manage money well and proper management. This means, they put a number of risks in trading high, do not take advantage when they should take and not take a loss when the position was in the negative.

A professional forex trader always aware that proper money management will prevent them from engaging in emotional forex trading. So you need to make proper money management a habit in your trading to avoid becoming one of the emotional trader in trading.

The second thing is too often enters the post when trading. What you need to realize is, to have a lot of trade is not going to help you to achieve your trading goals. Most of the new forex traders will be surprised at how often trade professional forex traders, as very rare occurrences.

The ratings become a 'TRADER' that debuted

rank 1
You open an account with confident and continues to be a trader because you told him you were able menjana money thus defeating the income of a head of the driver in the besar.Lagipun syarikat2 before this in the account "Demo" you are able to make a profit so 3 times the double of money your capital. .You may be used to make a profit with the results so amazing 100 points -200point sehari.Namun you were never aware that they are only the beginning tuah anda.Dengan one indicator alone, even with your hunch sake only when reading articles articles relating to your trading saikologi already memperolehi profit easily.

But unfortunately the first market after it beat you. Factor "Tuah" @ luck that you now berubah.Anda menyebelahi first loss for the sake of kerugian.Anda Cuba endure so margin (capital) you run out and you can no longer bertahan.Anda did not realize that you do not have the ability to trade, contrary you still think that you should do that even if all the facts say sebaliknya.Anda sure you are a special person, one who is able to get a key to the wealth of forex.Dan you do not realize is that 90% of traders who fail to also have feelings like anda.Anda not have a method or complete system, you just controlled by your own emotions, you always resist the market because of anger anda.anda always take advantage in small quantities, or let the profits you're perolehi swapped into losses because your emotions are controlled by greed anda.Emosi you will make whatever you use depleted capital and forced plus always ...

90% of those working in their forex career would get to this level sahaja..Mereka usually be bankrap, stop trading and menggangap what happened was a bad dream belaka.Sebahagian again insisted and continues to seek capital from others, and trading like that lost my mind, in a week of two capital which they perolehi of others were exhausted and they continue to search for prey seterusnya..Mereka still claimed that they a "Trader" and usually they will open their own brokerage officials @ work dipejabat other brokers to continue to raise capital .Only factor "time", until when they can survive this level, and time selalunya win ... 90% of traders are on this level and only 10% will continue their careers keperingkat so on ...

2nd
At this level you begin to realize that you actually do not know very well, and trade with, you do not even have the ability to trade that can generate profits consistently and you know sebabnya..Anda conscious during at level one all that happens is under the influence of your own emotions which can not be sane thinking.

Then you start looking for something called the "Holy Grail". (Trading system is perfect that is, a system that never loss if used) you first buy sistem2 available on the internet, you read all the websites that exist about trading from USA UK Australia Europa until Russia.Anda to read all existing ebook, you will practice all the system who are in this earth that you perolehi, you become a science dahagakan like a nomad in the sahara desert which dahagakan water ..
At this level you will read all the details of the indicator, you will test all the indicators in the trading software you, even you may make the indicator itself (usually combined 2 @ 3 indicator) you will play around with moving averages, Fibonacci lines, pivot, Divergence, DMI, ADX, Bollinger bands and the overall indicator there.

You know that the market is too complicated to dijangka using only 1 indicator sahaja.Anda know the ideal combination of each indicator itu.Anda know the precision and weaknesses tersebut.Anda indicator will try out the TOP and BOTTOM of the market with these indicators, you'll join Kekadang where where @ chat room forum trader and inquire what what you do not understand about the forex trader more senior. At the end of this level you will get 5 -10 a rather complete system and try out looking for which of them the most suitable and best things you'll gunakan.Dari 10% of traders who is this level only about 7% that debuted to third.

Ranked 3
At the end of the second rank you receive your failures stem THAT essence lies not in sistem.Anda realize that you may benefit even only use moving averages sake only without any other indicator (system that is so simple) if you are really using your mind and risk management are duly ,
You start reading books about trading or artikel2 saikologi relating dengannya.Dengan understand what it implies then eventually you actually enter the ranks of enlightenment. (Up to triumph) .Peringkat this insight makes your brain menyedari one thing is important, In this world no one is capable of accurately anticipating what will happen in 30 minutes in the future market movements.

Then you start to master one trading system and modify it to fit the personal you.And able menjana more profits than kerugian.Anda start trading if you know likely to have a larger profit than lost and also if there is a signal from your system that justifies you do demikian.Anda will also use stop lost because you consciously stop loss is a risk bisnes are there in the world of trading.

When you plug the lost stop is hit, you are not emotionally because you know that nobody should mengjangkakannya..dan was not a mistake anda.Trading that so will increase the likelihood of profit because you are conscious of your system to give more profit than lost.Anda conscious THAT in the world of trading there are only a few of the most important matters that need to be taken about and should not be taken lightly, namely consistency, saikologi trading, risk management and the most important thing is your own discipline in buying and selling forex.Anda learn more about Risk Management 2% used mostly proffesional2 traders all over the world.In this he gave a warning tale 2 @ 3 years ago when there were cases on the same advise you about this risk but you never endahkannya..Ketika that you are immature in the trade but now you've changed and more willing.
Of the 7% of traders who is at this stage only about 5% of the next succeeding heading to ...

rank 4
Ok now you only trade when your system justify it. You do not teragak bit to cut lost when you fikirkan reasonable to do so and without hesitation and vice versa when you take profit because you was always conscious of your system provides the advantages outweigh the disadvantages in this ranking panjang.Di time period you start your profit target is only 20 -30 pips in sehari.dan once you are able to do it consistently for a few weeks so you increase more targets to 40 pips a day, and eventually all of this plain to you.

You still have to work hard to sentiasa fix your system, master your emotions and implement risk management that you hold.
Ranked runs between 4-6 months. Of 5% of traders only about 3%, which could advance to the next level ..

Ranked # 5
Well, now you got the top rank ,, Rankings most expected by all traders in the world this ini.Diperingkat you trade in semulajadi.Anda master semuanya.Anda can dance together despite market movement down @ naik.Kemana any direction the market is moving you have any waiting in the correct position .You just wait and see your profits move from 2 digits to 3 digits ..

It was ranked waterless trader, This is the triumph of sebenarnya.Anda have mastered your emotions and you are now trading with the account that continues to grow every day of the compounded profit you perolehi you'll be a star in the trading chat room and people will listen to what you say, you are familiar with their questions because you are in the position they are one-time dulu.Anda will provide advice and guidance, but you know not most of them will not listen because meraka still in Rank 1 ..

You do not have the problem of the again.You're financially able to buy everything that you desire for ini.Anda able to buy the island and trading there as long as there is a network internet.Anda be moved to 5 star hotel and a permanent resident disana.Anda an income as a superstar.Anda may make a book by yourself may trade on margin (capital) without limits and your account will be multiply exponentially ONLY 3% sahaja trader is allowed up to this rating