How To Become Good Trader

As we all know at the first time we are in this forex business want to earn much money in short time without loosing our money. But in fact many beginners are in trapped in it that always loosing and no profit. Of course this condition makes them stress and work under pressure with the high expectation to get their loosing money back. Days by days, months by months they always do deposit again and again.

Well, in order not to get trapped like that, beginners should understand, learn and practice these knowledge or points on how to be come good traders.

1. Find the profitable system
             There are many traders that is expert share the profitable system out there, as beginners you just take one of them, learn, understand, compare and apply with your own strategy. Practice it ini demo account until you have more profit.

2. Be aware of money management
             Although you have found the good strategy, you must understand about the money management related to the system we have know and obey the rules.

3. Control your emotion (Trading psychology)
             This point is very important because although we have got the good system and suitable money management, many traders are failed in controlling their emotion then finally they have got loss again.

Alright, that the short points that I can explain right now. In another day, if there are some additional explanation I will edit this post for you.

1 comments:

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