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What are the attributes needed to be a better Forex trader
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[QUOTE="Flow-er, post: 248455, member: 71012"] Your mathematics skills are needed in forex because you will be able to relate past event with the present experience in order to predict the future and that is what forex is all about. This requires analytical skills and you will only get analytical skills if you are versatile in mathematics. That is why the forex investors that are equipped in analytics would be very successful in Forex. They have the ability to analyse and the past and presents and use the information gotten to predict the future. The use of indicators don't help in this regard, using of the pure price action should be paramount because the pure price action will give you an headway in whatever you wanted to do in Forex. Any plans that you are actually creating in forex must be real, you shouldn't be chasing the shadow. You should develop a realistic plan and with this you'll be able to achieve a milestone in forex trading. Being disciplined is another important factor because you need to be disciplined in your trading career. You shouldn't trade all the time. At times, the best strategy to use is not to trade at all because when the market isn't favorable you need to be disciplined and not go in to trade at that particular point in time [/QUOTE]
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