Trading success

golden-harvest · #1 (**permalink**) 12-21-2007, 12:08 AM

Hello Everyone,

Trading success is = 70 % Psychology x 20 % Plan x 10 % Technique

tks,

forexbabe · #2 (**permalink**) 12-26-2007, 08:55 PM

Simplicity is the best technique ever..

Keep your trade simple and it won't be that complicated..

And i have to agree.. it's very important to keep in mind not to engage the emotions to your trade..

Happy trading!

stadanko · #3 (**permalink**) 12-31-2007, 10:15 AM

Yeah, emotions have screwed up some of my trades. And there's really nothing to be emotional about, if you do your homework.

I also like to stick with small, non-risky trades.

nanytooex · #4 (**permalink**) 09-26-2008, 01:33 PM

I agree with you guys, everybody have to read a lot and, of course, practice.
But what about luck? For beginners is good in the first attempt Don´t you think?

fxtrendline · #5 (**permalink**) 09-26-2008, 08:28 PM

Quote:

Originally Posted by nanytooex

I agree with you guys, everybody have to read a lot and, of course, practice.
But what about luck? For beginners is good in the first attempt Don´t you think?

learn learn and learn , trial and error should be happened just be patient and you'll be the winner

kinitex · #6 (**permalink**) 09-26-2008, 09:17 PM

Thats why I have shifted my trading to purely automated software aka autopilots. They have a builtin system, and they never veer from it.

techy · #7 (**permalink**) 10-23-2008, 02:59 PM

I think that's more correct:

Trading success is = 70 % Psychology x 20 % Back-tested Plan x 10 % Technique

ivantan · #8 (**permalink**) 10-24-2008, 09:48 PM

ya i also agree that, Trading success is = 70 % Psychology x 20 % Back-tested Plan x 10 % Technique

But read more and learning can keep more success to trade.