How long does it take to become a successful trader?

[CrazyCzarina 17]

No any trader can become a successful trader over a night, it requires good experience with accurate skills and powerful mind to trade in such an volatility market like FOREX. For a new user Demo account is route towards successful trade into real market.

[CrazyCzarina 17]

No any trader can become a successful trader over a night, it requires good experience with accurate skills and powerful mind to trade in such an volatility market like FOREX. For a new user Demo account is route towards successful trade into real market.

[landorra 3]

On 6/28/2018 at 4:33 AM, CrazyCzarina said:

Learning is the only way you can be successful in this business. There is no other way or system which can make you rich within a few days.

This is an absolute truth. You will not become a millionaire in a week. That doesn't happen in forex if you are a small fish like most of people here. Be patient and study as much as possible.

[barako 10]

there is not time line to success, some would take months, others years, at most its a constant continues process of struggle, I have been trading a hotforex account for 8 years now, and i dont think im close to what people call successful, but im happy with what little i make.  

[CrazyCzarina 17]

No one can specify that who can become successful in what time, it all depends on the skills you have applied and know;edge you have implied while trading.

[anthonyconstantinou 0]

Successful trader is a myth. Everything depends on time and circumstance, also the behavior and approach used by the trader. Right time trade and right judgments can make all difference in winning and losing. 

[landorra 3]

On 4/8/2020 at 2:39 PM, anthonyconstantinou said:

Successful trader is a myth. Everything depends on time and circumstance, also the behavior and approach used by the trader. Right time trade and right judgments can make all difference in winning and losing. 

Wise words. Completely agreed.

[anthonyconstantinou 0]

When you learn all fundamentals about trading, then you can move towards successful trading, but still unsure about profit.

[aimhi 10]

Going around through all fundamentals does not guarantee of becoming successful in my opinion.

[landorra 3]

2 hours ago, aimhi said:

Going around through all fundamentals does not guarantee of becoming successful in my opinion.

Agreed. Complementary (in)formation is required. And never forget the emotional aspect of it. Dealing with emotions is the toughest part.

[fxeconomist 11]

Yeah agree, trading with Hotforex helped me to realise how important is a trading plan. 

[aimhi 10]

Without a proper trading plan, forex trading is much similar to throwing the darts in the dark.

[fxeconomist 11]

On 9/21/2020 at 3:45 PM, aimhi said:

Without a proper trading plan, forex trading is much similar to throwing the darts in the dark.

Yeah, correct at least it has to be clear for you, why you placed some particular trade. Every step should be at least logical for a trader. 

[CrazyCzarina 17]

Well it may takes months to become a successful trader, so you need to start it off right now to achieve success.