How to become a professional trader?

How to become a professional trader? The difference between a professional Forex trader and an amateur is like a boxing match between an Olympic champion and your neighbor. A professional trader is able to predict the future better due to good strategies that he or she has developed. The professional trader knows everything about risk management and how to keep himself under control and never get emotions the better of him.

You’ve got to be strong psychologically to make more and more winning trades. You’re not always going to make winning trades, sometimes you will make a bad one. The art of the game is to minimize your loses and maximize your winnings. Sounds simple right? Keep on reading and you will learn how to do this.

“A trader who has never lost, is not a trader yet.” Aristotle.

It’s very important to read and be able to analyze the graphs really well. In the end it is all about recognizing patterns that have occurred in the past and may well be happening in the future again. Remember the Forex market is always on the move.

How to become a professional trader?

How to become a professional trader? / Technical analysis.


It’s like dating. You’ve got to get to know the other person really well to press the right buttons for him or her. In trading technical analysis of a certain pair is really important. Get to know the pair your trading to predict any movement in the future.
Ask yourself questions as: What is the price at the moment? What was the price? What happened when the price was at this certain level? The answers on these questions will give you a possible outcome in the future. And so a possible right moment to make your trade.

You don’t think this is the only strategy right? Since there are a lot more strategies at use at the Forex market. For example: Drawing trend lines, support and resistance lines, the candlesticks and the different indicators. Every trader uses its own way to analyze the market.

How to become a professional trader?Fundamental analysis.


Fundamental analysis is also called the old fashion way since it’s used by traders who mainly focus on the economic news.

The idea of trading of the economic news is that the currency will follow the economic news. It is certainly important since it can change the prices but more than often the Forex market reacts in a different way as expected. Take

the Brexit as an example. This had a bad influence on the value of the GBP. But that doesn’t have to be the case all the time. You will see that traders who trust on fundamental analysis get confused when it goes the other way.


How to become a professional trader? / Swing Trading/Trend Trading.

Swing trading is, the word gives it a way a bit, trading on a swing. Simply, traders are looking for a pair with a predictable big swing ahead.

Swing traders are the hit and run kind of people. They make a trade, get a few percentages profit and close their trade. Most often swing traders are cautious traders. Like a leopard, they wait for the right moment to attack and give it their all when that slightly weak dear is running by.

The swing traders work with the Stop-loss that protects you from big loses. More about Stop-loss later on.

How to become a professional trader?
Strategy for a trend trader is pretty plain and simple: Make sure you’re there when it happens and stay as long as you can until the trend reveres. Thought of a trend trader is that the price will keep moving in a certain direction otherwise it wouldn’t be a trend right? If the price, unexpectedly moves the other way it’s not a trend and the trend trader gets out of the hot kitchen before he burns his fingers.

These particular trading styles can be very successful if you have the right patience and know where to go for the kill. Mostly you will go for the kill at a retracement point. I will explain this later on.

-Up Trend: If the trend goes up the Euro is worth more.
-Down Trend: If the trend goes down the Euro will lose in value.
-Sideways Trend: Prices move in a narrow range.

How to become a professional trader? Day trading and Scalping.

A common style of trading is Day trading. Day Traders are traders who strive to make money on a daily base on the Forex market and make as little as 5 to 10 trades a day.

Day traders who refuse to hold on to their position for one night work with a real tight Stop-loss and hold on to their good positions. For example the EUR/USD pair is the ADHD kid of the class who can’t sit still and is the pair that moves the most. An average of 80 PIPs (More about PIPs in a few moments) a day. So these movements need to be top focus for a day trader.

Scalping is a sort of day trading. Scalpers trade in a relatively short timeframe as five minutes. Every trade they make will be between 5-10 PIPs. Imagine going for a 10km walk. And every 10 meter you find yourself a dollar on the ground. You will finish your walk with a $1,000,- in hand. You see, a lot of small trades will end up being a big one. Scalping is for the thrill seekers under us. It requires constant focus.

How to become a professional trader?
Pick the strategy that fits you as a person. If you like to analyze and wait for the right moment don’t go scalping. Other way around. If you are that thrill seeker, don’t go bore yourself with analysis. Start Scalping!


How do you become a successfull trader? / theforexscalpers.com

How do you become a successfull trader?

How do you become a successfull trader?

Everyone wants to know how to become a successful trader.
Is there a strategy that makes you very successful? Sure, a good working strategy is very important to be a successful  forex trader.
But only with a good strategy you will unfortunately not be successfull. There are a few important points to become a successful trader.
I will now briefly discuss these points with you.

How do you become a successfull trader?

1. A good strategy. / How do you become a successfull trader?


As I mentioned earlier, a good strategy is very important.
Keep testing these especially until you make much more profit than you  lose.
Get to know the forex pair well, observe this for a while very well so that you know exactly how it moves.
Keep practicing your strategy on a demo account or a simulator until it is good enough to go live!

2. A good risk management. / How do you become a successfull trader?

When you don’t have your risk under control at every trade, you simply open the door for the friendly but emotionals neighbours to come in and dominate in your house.
We promise it’s hard when you start trading at the Forex market.
Because it is an emotional market. It’s hard to stop trading emotionally once you’ve started or even admit you’re trading emotionally.
The game is about how much you lose or better said how you minimize your losses.
Not about your winnings. We all have that gambling friend that always talks about his big winnings.
He never tells you about the day he lost $1000 on one hand of Black Jack does he?
A good example that shows you how important it is to minimize your losses.
You don’t want to lose that $1000 you’ve won with 100 hands on one hand do you?
So set your losing limit before you trade.
This has to be an amount that your completely OK with losing.
If you lose it’s just another day at the office.

How do you become a successfull trader?

3. The right mindset. / How do you become a successfull trader?


The truth is a majority of all traders keep losing. There is a simple explanation: They enter the Forex market with wrong expectations.
They think it’s a getting rich quick system.
Traders like that have the thought by investing a thousand ($1,000,-) they will make $1.000.000 in a week.
That’s just unrealistic. The Forex market is not a casino.

These unrealistic expectation can and will work against you and will brush your whole account away in a heartbeat.
Again, don’t let emotions get the better of you. Ask yourself the question: “what am I willing to lose?”
Always have the rule that you can explain why you make a certain decision.
Your thoughts have to be robotic and emotionless.

How do you become a successfull trader?

These are the 3 most important points, of course there are many more to be successful and profitable.
If you have questions you can always contact me.
And if you joined the forex bootcamp you will of course learn all ins and outs!

How do you become a successfull trader?

How do you become a successfull trader?

Want to know more about trading in forex / trader mindset or do you want to join the forex group?
The forex group is mainly English!
Please contact me so that I can explain you much more about what we have to offer.
And all your questions can be verbs.

Looking for good Forex education? Look at www.theforexscalpers.com
The best Broker? Look at  IC MARKETS.

 contact us
Faq

Forex quotes

 

Forex scalpers / Want to be a Forex scalper? / theforexscalpers.com

Forex scalpers / Want to be a Forex scalper?

Forex scalpers / Want to be a Forex scalper?

Some scalpers are already satisfied with 1-5 PIPs.
And you actually step out of a certain position very quickly, sometimes even within 5 minutes.
A scalp trade is a trade that you can only keep up to 1 hour to get your pips.
If you want to scalpe, you first have to look for a good broker. Because not every broker is happy with scalpers and also have certain rules where they do not allow scalping.
So first look for a broker that has an attractive spread and where you should not hold a trade for at least a certain amount of time.

Forex scalper

Forex scalpers

There are many traders who do not like scalps at all.
The scalping of forex can sometimes go very fast and you should therefore always ensure good risk management.
I scalp forex myself for a number of years and i love it! You are active in the forex market and you make a number of trades per day.
You can make good money with it if you know what you are doing and which times are best to take a scalp position.
In addition to scalping, I also do Swingtrades, but I do this next to them because you often keep them for a longer time for a nice profit.

Forex scalpers

Do you want to scalpe yourself but do not know exactly how?
I will gladly explain everything about scalping.
What are the perfect times and what kind of risk management is exactly sensible if you are a forex scalper.
Feel free to contact me and who knows you will soon be a forex scalper at the top!

Looking for good Forex education? Look at www.theforexscalpers.com
The best Broker for scalping? Look at  IC MARKETS.

Forex signals

Forex signals
Forex signals

Many people are looking for forex signals because if you have found the right signal service you can become very rich.
But what if this signal service stops or the forex signals are no longer good?
then you have to look for a new signal service and everyone knows that you do not find a good signal service very quickly.
Often there are many scammers and they deliver totally wrong signals and then you blow your account!

Forex signals

Forex signals

Of course this is not the intention, but it happens very often. You pay a nice amount per month for the signals and the signal service promises you golden mountains.
A high profit and a minimal loss.
Yet you often see the opposite and you blow one account after another account.

Forex signals

As a professional trader I would certainly also advise against signal services, especially if you have no knowledge of trading yourself.
Too often I see that the risk management of most signal services is completely wrong.
They use a too high stop-loss on the profit they want to achieve.
You also do not know if you do not have experience with trading when you can get the best out of a trade.
And you follow the predetermined take profit and stop loss indiscriminately.
That often goes wrong and you lose a lot of money again!
Terrible sin, because if you learn to trade yourself, you have control.
And you can earn a lot of money on your own.
You know what risks you want to take and rely on your own trade.
There is nothing better than making a good analysis yourself and seeing your profits grow.

Forex signals

Forex signals

My advice is therefore to never just get a signal service, if you do not know what trading forex means.
First learn the basics of trading.
And grow from there!

Want to know more about trading in forex or do you want to join the forex group?
The forex group is mainly English!
Please contact me so that I can explain you much more about what we have to offer.
And all your questions can be verbs.

Forex signals

Looking for good Forex education? Look at www.theforexscalpers.com
The best Broker? Look at  IC MARKETS.

 

 

 

Forex education

Forex education

Forex education

Forex education

Forex education

We have developed a strategy that makes us more than 80% profitable.

Because in the forex world you really learn to fall and get up.
Every beginning is difficult but in the world of it all went.
Perhaps you have already lost a lot of money on the market?
Therefore now you want to invest more in yourself.
For example you have a dream a dream that we also had to be able to live from your trade, and to live well!

But with your will, patience and trust we can make you a successful trader with our Forex course Trading is mainly about reading, observing, analyzing and striking.

Forex education

Firstly an important reason for the loss of approximately 90% of traders is that they are too lazy to do the work that is necessary to be successful.
Another reason is that they do not have a trading plan.
Likewise a trading plan is so important to get and be consistent.
They guess, gamble and hope.
Actually more gambling than they did.
Either way, if you are willing to work hard and disciplined, you could once more belong to those 10% traders who are very Forex education
successful with the Forex course.

Forex education

Forex education

“When I became a winner, I said, ‘I figured it out, but if I’m wrong, I’m getting the hell out, because I want to save my money and go on to the next trade.’” – Marty Schwartz

Forex education

Want to know more about trading in forex or do you want to join the forex group?
The forex group is mainly English!
Please contact me so that I can explain you much more about what we have to offer.

Looking for good Forex education? Look at www.theforexscalpers.com
The best Broker? Look at  IC MARKETS.

Forex Mentor how to find a good one

Forex Mentor how to find a good one

Forex Mentor how to find a good one?

Forex Mentor how to find a good one?

Many traders wonder how exactly you find a good mentor in trading forex.
Because do you have to search for a trader with a rich lifestyle?
A mentor showing his expensive house, his expensive car or his expensive holidays?

Forex mentor

Should he show his piles of money? or his expensive clothes?
Does that show that he is a good trader? Maybe, maybe he deserved it all with trading in forex.
And now he can enjoy a luxury life through the forex.
But does it also make him a good mentor? Because a good trader is that immediately a good mentor?

Forex Mentor

Forex mentor

Let’s just say it clearly, someone who shows a lot of his luxury life can indeed be a very good mentor.
But it can also be a marketing truck to seduce you with the luxury life, so you can buy a worthless course by him sooner!
Watch out for scammers and always ask first what someone (the mentor) can offer you.
What exactly can he teach you in trading forex?

Forex mentor

Does this forex mentor like to give you some free information does he have valuable analysis on his site or perhaps his social media?
Does he know what he is talking about?
Or does he just sell you something and afterwards he can not tell anything about trading in forex? In the times that I am now a mentor, I have met many people who have been scammed in the past by so-called forex mentors.
The big dose of information I give them opens their eyes.
How they can actually be successful with the right mentor.
The right mentor takes the time for you, and it is his goal to make you a top trader.

Forex mentor

So please do not trap in all luxury photos, money what you see.
Do not let yourself be tempted by it.
But look at what this Forex Mentor has to offer you for information.
Do not be scammed!

Forex Mentor

Looking for good Forex education? Look at www.theforexscalpers.com
The best Broker? Look at  IC MARKETS.