4 Successful Forex Traders Recipe

How to be a Successful Forex Trader



I believe everybody want to be successful, same as us! A forex trader. The successful forex traders have this kind of things in their trading persona.

Here are 4 recipe in order for you to be successful in forex trading.





1. Trade At Your Own Risk


Never blame other your gurus, forex strategy for your losses. Getting in this risky in investment is part of your own decision. Blame your self why you loss your money in forex.




2. Always learn A New Things


There are so many ways and so many hows to trade and making money with it.Keep learning and never stop learning. 

There are few forex knowledge that you can learn such as:


Price action trading
Scalping Trading
Elliot Wave Trading
Supply And Demand Trading
Indicator Trading
Chart Pattern


When you have it, keep practicing it.

Do it and Do it.

3. Find Your Own Favourite System


Every forex trader, they have their own preferences. What types of forex trader they are,

scalper, intraday trader or swing trader. Always learn and keep digging to know which type of forex trader are you and find your own favourite systems. When you find it, keep doing it.

Like me, i have my own trading system.Easy Profits this is one of my favourite forex trading strategy when i was just a forex beginners. It is simple and profitable forex strategy.

Related Article : Simple And Profitable Forex Strategy






4. Follow your trading plan


This is the most difficult part of the most forex trader, they dont have their plan in trading.

what pair will they be using, what time frame, how many profits target they want and what strategy that they gonna use.


In forex trading, you must have a goal. If let say you want to earn money 1000usd per month.

And you want to achieve 100k usd. How you gonna achieve it?set a strategy. How much profits, how much pips you gonna take a day.


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I hope this article will find it useful for you to be a successful forex trader.

Good Luck! Happy Trading

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See this video Successful Forex Trader Stories from Forex Trading Coach Team.











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pipsumo Traderfx

A forex trader who enjoy doing forex naked chart and make profit with forex expert advisor.Also enjoy to socialize with other forex trader in the world.