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Thread: How successful I am?

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    Default How successful I am?

    Knowing thyself will increase confidence much. So I want to what type of trader I am? I mean what success rate (according to number of trade only) should classify some one as moderate. good and skilled trader?

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    Quote Originally Posted by jinnah View Post
    Knowing thyself will increase confidence much. So I want to what type of trader I am? I mean what success rate (according to number of trade only) should classify some one as moderate. good and skilled trader?
    but somewhere in a forum it read that if a trader is successull then broker will kick him out, In FX brokers are encouraging only loss making clients. Is it true?

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    Quote Originally Posted by shettythilak View Post
    but somewhere in a forum it read that if a trader is successull then broker will kick him out, In FX brokers are encouraging only loss making clients. Is it true?
    don't think so.. especially if u r a scalper ones which aren't break their rules.

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    Elder Analyst elnadam2008's Avatar
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    you must read rules good and start learn forex good

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    Quote Originally Posted by shettythilak View Post
    but somewhere in a forum it read that if a trader is successull then broker will kick him out, In FX brokers are encouraging only loss making clients. Is it true?
    Doesn't makes sense. Succesful traders are the livelihood of the brokers. Brokers get huge comisson from them.

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    Quote Originally Posted by jinnah View Post
    Doesn't makes sense. Succesful traders are the livelihood of the brokers. Brokers get huge comisson from them.
    for some extent you are right, but in fx there are brokers they never place our orders to the main inter bank forex exchange. they will keep our orders with themselves eyeing profit.

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    Quote Originally Posted by shettythilak View Post
    for some extent you are right, but in fx there are brokers they never place our orders to the main inter bank forex exchange. they will keep our orders with themselves eyeing profit.
    true but they arent regulated by the regulation authorities and have many complaint against them
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    i call myself a successful scalper based on the trading for living

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    Default How successful I am?

    hi shettythilak

    I don't think so or maybe some of the brokers only do that but not all of them. You only need to search well .from about few months I was asking the same question, until I find my educational provider. Actually it provides me with the best educational trading school I could ever meet. Besides, it also helps me with the simple way of training through the practice account which allows me to trade and to make mistakes without losing real money. My only advice to you is to keep searching and never to give up. Wish you best of luck.

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    if your prfots are 60% and losses 40%
    then you are successful trader

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    I find my scalping spirit dominating myself many a times too

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    ceestech
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    to me one should be regarded as a good trader if his profit far at weighs his losses.

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    Though my experience in forex has been good, but I'm still yet to have a sustained profits.

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    In Profit carthago's Avatar
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    I fixed an object of 1/3 RATIO and i am happy with my trading style, I am swinger

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    I can't go further than 1:2 ratio, I don't like much risk and much higher rewards in my targets

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