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    Thread: What are the skills and things that you must have before you start trading?

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      Newbie_trader is offline
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      Quote Originally Posted by Aya View Post
      For me, these are the essentials:
      a. High research and analytical capability- because you must be able to fully understand the market in order to profit
      b. A lot of patience and determination to stay in the market
      c. Self-discipline (ie. knowing your limitations) and;
      d. Self-control (ie. keeping your emotions out of the picture)
      Letter D is always a struggle for me. I can't keep my emotions.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by Aya View Post
      For me, these are the essentials:
      a. High research and analytical capability- because you must be able to fully understand the market in order to profit
      b. A lot of patience and determination to stay in the market
      c. Self-discipline (ie. knowing your limitations) and;
      d. Self-control (ie. keeping your emotions out of the picture)
      Let me add that a trader must have strong focus. There are a lot of information roaming in the internet world and traders must be able to know which information they need in order to maximize their trading actions.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Aya (05-07-2019)

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      For me, these are the essentials:
      a. High research and analytical capability- because you must be able to fully understand the market in order to profit
      b. A lot of patience and determination to stay in the market
      c. Self-discipline (ie. knowing your limitations) and;
      d. Self-control (ie. keeping your emotions out of the picture)

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Newbie_trader (01-09-2020)

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      1. One must have a strong numeral skills.
      2. Strong inclination in finance and the financial markets.
      3. Has the ability to work in a team.
      4. Can decide independently.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      First, I control myself not to be impulsive. Second, I always make sure that my mind is clear. And Lastly, I always remind myself that the market is highly speculative. Thus, the outcome is uncertain.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      What are the skills and things that you must have before you start trading?

      What are the skills and things that you must have before you start trading?

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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