• Home
  • About
  • Advertise
  • Contact
  • Policy
  • Guest Post
  • Archive

One Cent At A Time

A Personal finance blog to get rich

  • Email
  • Facebook
  • Pinterest
  • RSS
  • Twitter
  • Beautiful Life
  • Becoming Rich
  • Beginners Guide
  • Extra Income
  • Productivity
  • Saving Money

Key techniques to straighten up trading success

July 24, 2018 1 Comment

Share this:

  • Tweet
  • Email

There are both naïve and professional traders. The naïve traders might be eager to taste success, but professionals like Singaporean traders would have! They would know what success looks like. They would know what success tastes like. But do you think they achieved success in a blink of an eye?

Trading via Funds

Even gambling cannot be done that way! So, success is not going to be smooth. If you are dreaming of a successful trading path you should bear in mind, the journey is going to be pretty tough.

You wouldn’t be able to reach the success that simply. You would have to pass a lot of obstacles before you meet success. Success is hardships personified.

We are not trying to scare you. We are trying to paint the real picture of trading. We do not want to give a negative picture that would fool you.

There are countless fabricated ideas about Forex trading. Most traders have entered the market due to such fabricated ideas. So, we don’t want to create anymore lies.

Do you want to become a successful trader? Do you want to establish your career in the retail trading industry? If so this article will significantly help you to boost your profit factors.

Before trading the market you need to ask yourself whether you can truly handle the heat of this market or not?

For instance, you will always have to lose trades regularly and there is nothing you can do to avoid this. You have to adapt to the changes in this market and only then you will become a successful trader.

Stop following your gut instinct as it will ruin your career within a short time. Try to read the biography of the successful trader so that you can understand how they make a profit in this complex market.

Look for the trade entries

You wouldn’t be able to enter the market once you sign up for an account. Even before you sign up you would have a lot of things to do. You might have to do a lot of research because the market is competitive.

The world is competitive. So, you should not settle for things that easily. Anyway, before you sign up for an account, you should look for the best trading platform.

The platform is the main part of trading. You should have a proper platform if you want to open an account and trade peacefully. If the platform is not reliable the entire journey would cripple.

So, once you are done with account creation and other factors, you should look for good trade entries. You should have the ability to read the market properly if you want to identify the trade entries.

So, you should do your homework before you find trade entries i.e. LEARN! Of course, you should learn to find good trade entries.

Ensuring the price

In the foreign currency exchange market, the major factor is the price. There is nothing you could do if you don’t know the importance of price in the Forex market.

You should know that Forex is all about price. So, you should have the ability to study the price movement. You should be able to understand whether it is possible for the market based on the price movement.

Likewise, you should build a closer relationship with the market. This is one of the techniques to strengthen up success.

Pushing away from the odds

The next important technique is pushing away the odds. You should have the ability to understand the trades that are not worth entering. You should be able to stay away from the odds, so for that, you should know the market well!

If you want to become a successful trader you should be able to push away the odds based on your experience.

LIKE THIS POST?
I agree to have my personal information transfered to MailChimp ( more information )
Join our community of 8000+ subscribers to increase your net worth and build wealth
We hate spam. Your email address will not be sold or shared with anyone else.

Share this:

  • Tweet
  • Email
The tool that changed the way I manage my personal finance - Personal Capital, The Best Free Personal Finance Tool

Want to start a WordPress blog now? The onecentatatime.com blog is hosted by Siteground Web Hosting. For only $3.95 a month, Siteground can help you set up and host your website/blog quickly and easily.

About the Blogger Hi I am SB, a personal finance enthusiast with a career in software development. I am an immigrant to the USA since 2005, after being born and brought up in India. This 40 something technocrat lives and breathes personal finance whenever he gets time from the day job, job as a husband and a dad

Some links on this page may be affiliate links, if you make a purchase following the links, I may earn a commission. Read affiliate disclosure here
« Looking for A Timeshare, Read This First
3 Valuable Daily Practices For Financial Success »

Comments

  1. fanfiction says

    July 31, 2018 at 9:54 PM

    How can I analyze the transactions that are not worth the effort?

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.



Create your own blog in 20 minutes and $20

Personal Capital, a free tool to change your financial health today

I use and suggest Upstart, for your personal loan need

CreditKarma, a free tool to check your credit scorey

I use Coinbase, for my crypto investments

101 Cents at a Time

101 Ways to Earn Extra Money on the Side
201 Frugal and Perfect Birthday Gifts
101 Ways to Save Money Everyday
101 Ways to be Better and Successful at Work
101 Ways to Save Environment and Energy
101 Frugal and Romantic Anniversary Ideas
101 Low-Cost Men's Fashion Ideas
101 Personal Finance Tips
101 Ways to Reuse Household Stuff
101 Things to Do, When Nothing to Do
101 College Graduation Gift Ideas
100 Tips for Ecommerce Startup
101 Ways to Enjoy Indoor During Winter
101 Ways to Beat Procrastination

Popular Posts

Quick Cash - How to make $100 legally, in a day
Living well on less than $15,000 a Year
Top survey sites for side income
What to do when auto repair goes wrong
Where should I invest my money now?
20 Ways to be productive and happy at work
51 Ways to get out of debt
Be a better person in 15 days, 15 ways
Income ideas for retirees and senior citizens
51 side jobs for college students
Urgently need a large amount of money?
Should I buy or should I rent?
Best Personal loan providers
25 Ways to save environment
25 DIY car repairs to save money
How to decorate office cubicle
How to show your wife you care
50 Financial Rules for Success
51 Frugal weekend family activity ideas
Become Rich By Saving 1 Hour Of Daily Wage
How much do I need to save for retirement?
How to negotiate your salary

Follow us on FaceBook

About Author

SB

Blogger by choice and IT manager by profession. Finance is my passion and gardening is my greatest satisfaction. Born in India, settled in US, Husband and a father. I created this blog in 2011 with a vision to help others. Thanks for your patronage. More info on my "about" page.

View all posts


Subscribe

Join our community of 5000+ subscribers to increase net worth and build wealth

Advertisements

Personal Stories

How I got a new HP computer replaced
Was COVID circulating in USA in fall of 2019?
How my credit score went up 800+
Why I didn’t invest in Bitcoins
How I controlled impulses to buy things
Why this blog is named One Cent at a Time

Subscribe via Email

Site Disclaimer

Disclosure of Material Connection: Some of the links in this web site are “affiliate links.” This means if you click on the link and purchase the item, I will receive an affiliate commission. Regardless, I only recommend products or services I use personally and believe will add value to my readers. I am disclosing this in accordance with the Federal Trade Commission’s 16 CFR, Part 255: “Guides Concerning the Use of Endorsements and Testimonials in Advertising.”
Read full Affiliate disclosure


One Cent at a Time is published by SB. The opinions expressed herein by him are his own and not those of his employer or anyone else. All content on One Cent at a Time is for entertainment purposes only. By reading this blog, you agree that SB and/or One Cent at a Time is not responsible for any actions taken after reading this blog. For the full disclaimer, click here .

Major Media Mention

One Cent at a Time Media Appearances

Copyright © 2023 One Cent At A Time · Designed by Nuts and Bolts Media