© Copyright 2017 - FX Hometrader - All rights reserved. 

Are You a Good Forex Trader?

These days everyone interested in Trading the Forex Market wants to be a good Forex trader. To determine if you will be a good trader, ask yourself the following questions... a Person who has a good chance at being a successful trader has the following attributes. Is properly capitalized - enough money to trade and survive.(Suffer a few losses) Treats trading as a business. Has a low tolerance for risk. Trades only when the market provides an opportunity. Can control your emotions. Has a trading plan in place. Has a risk management plan. Is incredibly disciplined. Is focused. Has back tested his trading methodology. a Person who has a good chance at failure has any of the the following attributes. Is under-capitalized. Lacks self discipline. Over trades. Does not understand the markets. Rushes into trades. Try to chase the market. Is afraid of missing a move. Is stubborn and marries a position or idea. Misinterprets the market news.(Fundamentals) Always looking for fast profits. Lets losing trades get too big. Takes winning trades prematurely. Takes trading too lightly. Takes large risks. Has little control of his emotions.

© Copyright 2017 - FX Hometrader - All rights reserved. 

Are You a Good Forex

Trader?

These days everyone interested in Trading the Forex Market wants to be a good trader. To determine if you will be a good trader, ask yourself the following questions... a Person who has a good chance at being a successful trader has the following attributes. Is properly capitalized - enough money to trade and survive.(Suffer a few losses) Treats trading as a business. Has a low tolerance for risk. Trades only when the market provides an opportunity. Can control your emotions. Has a trading plan in place. Has a risk management plan. Is incredibly disciplined. Is focused. Has back tested his trading methodology. a Person who has a good chance at failure has any of the the following attributes. Is under-capitalized. Lacks self discipline. Over trades. Does not understand the markets. Rushes into trades. Try to chase the market. Is afraid of missing a move. Is stubborn and marries a position or idea. Misinterprets the market news.(Fundamentals) Always looking for fast profits. Lets losing trades get too big. Takes winning trades prematurely. Takes trading too lightly. Takes large risks. Has little control of his emotions.