Can You Define A Successful Trade?

Can You Define A Successful Trade?

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dtmfx

Mar 17 2012, 03:14 AM

Post #1

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This single question seems to be at the heart of both success and failure as a trader.

I'm curious as to what others use as their measuring rod for success. Is it accuracy, net ROI per trade, a positive MFE/MAE ratio, not getting stopped out, leaving a certain % of pips on the table in each position held, etc. etc., etc. How do you define it?

When you look in the mirror in the morning and say to yourself: 'You know something, you are a successful trader," what does that mean exactly?

Define: Successful Trader.

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Replies(10 - 12)

wynnasuju	Sep 14 2012, 02:48 AM Post #11
Serious Money Maker Group: Members Posts: 1,063 Dream Points: 2,268 Experience Points: 1,113 Joined: 18-August 11 Member No.: 189,526	A successful trader is a trader who can get a profit consistently, can control their emotions and learn from experience. And a successful trader want to share experience with other traders, especially new traders. I always hope that i can be successful trader with FBS. -------------------- Finance \| Freedom \| Success www.fbs.com

gracegracia	Sep 14 2012, 10:00 AM Post #12
Active Money Maker Group: Members Posts: 445 Dream Points: 1,578 Experience Points: 503 Joined: 25-April 12 Member No.: 273,328	QUOTE(wynnasuju @ Sep 14 2012, 02:48 AM) A successful trader is a trader who can get a profit consistently, can control their emotions and learn from experience. And a successful trader want to share experience with other traders, especially new traders. I always hope that i can be successful trader with FBS. I just want to quote what you said " successful trader want to share experience with other traders, especially new traders", some of them are selfish -------------------- Successful people keep moving, they make mistakes but they don't quit

ortiz luiz	Sep 19 2012, 04:50 AM Post #13
Active Money Maker Group: Members Posts: 213 Dream Points: 684 Experience Points: 270 Joined: 16-July 12 Member No.: 297,691	QUOTE(gracegracia @ Sep 14 2012, 10:00 AM) I just want to quote what you said " successful trader want to share experience with other traders, especially new traders", some of them are selfish We can't blame them if they don't want to share their experiences, or I must say, their strategies. They prefer keeping it private. It's actually consider as a confidential thing. We can't force anyone -------------------- Cheers to all, ortiz luiz

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