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What makes one trader better than the other one


euro

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I think you can earn in forex and not all of us will lose money. While some newbie keep on losing but that should not discourage anyone who has good skills and can profit from it. I think when it comes to forex, its all about education, experience and skills. Your intelligence and analysis will also set you apart from the ones who does not gain profit. So, I think if you want to gain profit, you have to keep on refining your skills, practice a lot in a demo and ask if you have good skills before you trade. If you have self-control, you will also make more profit versus acting like a gambler. What do you think?

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long hours trading experience will figuring out whether trader is good or not. besides that, knowledge and analysis ability also figuring out traders capability. I guess traders won't become experienced and knowledgeable just by few months learning and practice. to become really expert in forex trading, usually take years.

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  • 3 weeks later...

I think every little detail counts in forex. I do mean every little details from opening losing trades to not using stop loss or using high leverage or trading at the wrong time with the wrong pair could give you problems in forex. You will lose. But many will open a trade just for trading and not use top loss or trade at the low market time and also trade with the wrong pairs. So pay attention  to your trades and you will do better. 

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I think not every trader is equal in size. Some earn a lot while others do not. It will depend on how much education, experiences each trader has so that will also equate to how much they will earn in forex. I think forex is very tricky and they must work hard everyday in order to learn the trick of the trade. Forex is a very tough business so they must learn to acquired skills daily and gain significant experiences. 

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  • 5 weeks later...

It's all about the skills. Traders who are much better than other traders are those who went extra miles in learning, in possessing the skills or those who've got the experience. It is what sets the expert apart from the newbie. Trading in Forex and making money thereof is something that lies in how much you understand the market sentiment.

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traders have own different level of knowledge and skills. and thus, they are generate different result in trading. some traders end up with profitable and able to generate profits more than losses, while other traders struggling still and suffering loss or just get break even after the end of the month.

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  • 1 month later...

What makes one trader better than the other traders is because of the knowledge that the trader has. When a trader is having a very good trading knowledge, he or she will be able to trade very well in the forex market. A good trader is the type of trader who has more knowledge to trade than the other one.

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  • 1 year later...

Yeah actually it can work both ways, it can be great for people even with losses since they are getting all crucial experience and education, but it can be horrifying for people who are making profits, so it’s all about better understanding of things that makes it great while results early on does not make a big difference at all to the future.

 

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What happens is that the trader needs to know how to trade in his own way. There are ways to get the business done aright and there are also ways you can do the business and it hurts you more. It is a matter of knowing how best it is for you to understand Forex and know what it takes for you to also make success out of it.

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Because it has distinct feature that different from the other traders.If you look at a better trader you will see that they able to diversify their trading and able to manage the risk so well so even they loss they be able to getting it back in relatively shorter time than other traders who does not using a good risk management.

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A good trader is only the one that follows his trading plan all the time in his trading. Among the good qualities of trader are always trading with good money management and not trading when there isn't any setup.

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  • 2 months later...

The most important factor that make a trader better than other is the knowledge about the Forex Trading and current market situation.

While i do agree that knowledge helps people and make them outstanding from the others but self discipline that makes a trader different than others after that comes later the other aspect such as Skill or knowledge. With self-discipline we can see trader able to make difference in trading also when they are in training.

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  • 1 month later...

According to my experience and knowledge up to now, what makes one trader better than the others because their grasp to the nature of forex and because of that they are able to manage the risk so well and reduce their chance of losing to the lower rate that they can.

Well it might be true, as i see a lot of traders that make profit because of their good understanding of forex nature and able to open position at the right time, also they are quite calm when facing unexpected situation, with that they are able to reduce the risk thus gain more profit.

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  • 1 year later...

Traders will change and become better as long as they want to learn from it, what makes one trader better because they are different and want to learn, their willingness that makes them different and as i said before it is later resulted to a trader that able to manage the risk so well.

I couldn't agree more, as the time goes one a good or different trader than the rest will learn from their own experience and other's experience. In this case, I prefer to say that they are the one who want to learn and the one who want to change into a better state and able to perform better later.

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I couldn't agree more, as the time goes one a good or different trader than the rest will learn from their own experience and other's experience. In this case, I prefer to say that they are the one who want to learn and the one who want to change into a better state and able to perform better later.

So maximize our ability and effort in ourselves to be able to manage and control well, so what we do and do easy to run properly, demo account can be utilized properly to always facilitate us in reaching its benefits
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So maximize our ability and effort in ourselves to be able to manage and control well, so what we do and do easy to run properly, demo account can be utilized properly to always facilitate us in reaching its benefits

 

There are merchants out there who have tried hard but without any success to have price changes interpreted in the CFD market. FXB Trading is a website for such merchants as it will enable them to interpret and also analyze data in real time and this will include price changes.

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@sakura You don't have to trade in CFD, stick with forex and that is worthed for you. What makes you better as Forex trader, isn't switching to CFD but trade in forex and apply the right rules. Don't be greedy, always stick with your proven strategies, manage the risk by using SL and TP, and many other tips you can apply.

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@sakura You don't have to trade in CFD, stick with forex and that is worthed for you. What makes you better as Forex trader, isn't switching to CFD but trade in forex and apply the right rules. Don't be greedy, always stick with your proven strategies, manage the risk by using SL and TP, and many other tips you can apply.

The most important thing in trading is to understand how we can run the business well, because basically the trader needs the ability and knowledge, we do not need to respond to some brokers who provide how big the facilities are important we can understand well and can use everything well

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So maximize our ability and effort in ourselves to be able to manage and control well, so what we do and do easy to run properly, demo account can be utilized properly to always facilitate us in reaching its benefits

 

A real trader will trade not based on his/her guts but try to utilize all the indicator as optimized as possible he/she can. That kind of trader doesn't have any feeling towards him or her trading but instead try to take the neutral decision which wards the trader off from unnecessary losses.

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