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Thread: what does it take to be rich in forex?

      
  1. #41
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    Default Re: what does it take to be rich in forex?

    1) Price Action proficiency.
    2) Pattern Recognition ability.
    3) Intestinal Fortitude to endure inevitable losses.
    4) Proper Money Management
    sniper012 likes this.

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    Default Re: what does it take to be rich in forex?

    It is evident that for a great amount of traders the main purpose is to be sucessful in trading. In my opinion to achieve such aim is impossible without putting much efforts. Investigate useful information about trading, discuss and share your ideas with different experienced traders about trading strategy. Try to practice much on demo account. The key factor of successful trading is getting real-time Forex news and analytic analysis because trading strategy is built up on market reality leading to better profits.
    The Official Representative of the International Association of Forex traders

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    Default Re: what does it take to be rich in forex?

    According to me, Grate knowledge of forex trading is the most important thing to be rich in forex trading.
    http://www.fx-insights.com

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    Default Re: what does it take to be rich in forex?

    Quote Originally Posted by windtalker View Post
    Patience, perseverance and a thorough understanding of technical trading coupled with fundamental aspects.
    In short, be willing to work to attain your goals and never stop learning.
    I agree with this patience,dedication and knowledge is the key to success..

  5. #45
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    Default Re: what does it take to be rich in forex?

    Quote Originally Posted by VanForex View Post
    Of course you need to consider a lot of things..
    PATIENCE and Perseverance is so important...
    +1
    and pretty important being not too much risky

  6. #46
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    Default Re: what does it take to be rich in forex?

    it depends on your trading

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    Default Re: what does it take to be rich in forex?

    By the way what it means for u to be rich? i think for every trader this notion differs.

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    Default Re: what does it take to be rich in forex?

    Learn and get confidence in what your doing, No one else is going to make you rich, your on your own and you need to take charge of your financial destiny. Be patient and wait for the big trends,

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    Default Re: what does it take to be rich in forex?

    Quote Originally Posted by globalnomad View Post
    folks! another forum for making money quick right! let me tell you there is no shortcut , though forex trading is a platform which u can use to enhance your income.But forex trading also involves complex formulas and sharp mind ...how fast you can analyse data and inputs. General perception is big bucks goes to big mind , but there are few tools in the market which helps in analyzing things in better ways.
    i saw one site ..name was i think...fxdialogue.com it is good stock stimulator and best part is ..using excel too ....cool!
    i think if you spending lots of time reading these forums this site is worth giving a look.
    Best of luck...adios.


    The superior person uses his mind like a mirror: it accepts all, it reflects all. It recieves, but it does not keep.
    Chuang Tzu

  10. #50
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    Default Re: what does it take to be rich in forex?

    Quote Originally Posted by globalnomad View Post
    folks! another forum for making money quick right! let me tell you there is no shortcut , though forex trading is a platform which u can use to enhance your income.But forex trading also involves complex formulas and sharp mind ...how fast you can analyse data and inputs. General perception is big bucks goes to big mind , but there are few tools in the market which helps in analyzing things in better ways.
    i saw one site ..name was i think...fxdialogue.com it is good stock stimulator and best part is ..using excel too ....cool!
    i think if you spending lots of time reading these forums this site is worth giving a look.
    Best of luck...adios.


    The superior person uses his mind like a mirror: it accepts all, it reflects all. It recieves, but it does not keep.
    Chuang Tzu

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    Default Re: what does it take to be rich in forex?

    free forex signals monthly 1000 pip just add this email forexmylove@hotmail.com and will receive signals to your inbox

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    Default Re: what does it take to be rich in forex?

    To become rich from Forex trading you need to do a lot of research, planning and learning. It is of utmost importance that you educate yourself in financial products through finance courses or through Internet constant such as ebooks, seminars and trading videos. I would also advise that get yourself a mentor. Having a mentor can increase your depth of knowledge and they might even prevent you from making rookie mistakes which can be very costly.

    For free videos and other very helpful resources visit www.eztodayforex.com

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    Default Re: what does it take to be rich in forex?

    Quote Originally Posted by eztodayforex View Post
    To become rich from Forex trading you need to do a lot of research, planning and learning. It is of utmost importance that you educate yourself in financial products through finance courses or through Internet constant such as ebooks, seminars and trading videos. I would also advise that get yourself a mentor. Having a mentor can increase your depth of knowledge and they might even prevent you from making rookie mistakes which can be very costly.

    For free videos and other very helpful resources visit www.eztodayforex.com
    let's see this link

 

 
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