confidence of success!!

[chin100]

Forex Forum is useful in several ways. Get a large number of new and experienced traders. Did you know that their experiences, challenges and solutions. We entrepreneurs from different areas of different ideas that we can know that they share our vision.

[tama13]

too much confidence is dangerous in forex and the price to pay maybe too big if you ask me!! caution on the other hand is a good way to start

[unclegober]

confidence is need before start trade.we can analysis in previous market chart and we can understand present market.we can get confidence about market confidence from analysis and then we can start trade for profit but over confidence is not good. Now I'm trying confident with my analytics that I use in the demo account contest. Currently I am participating in Armada Markets demo contest and link

[orni308]

Confidence will help you in fixing right trades by making right decisions, if you have good knowledge of forex you will be more confident.

[unclegober]

confidence is a power weapon in forex. It wont be developed with a day or month. It will take many months to be stabilized and it depends on the detail knowledge that you gather about forex, like the trading techniques, emotion controlling, market understanding, reading the chart etc. Once you become in all these then confidence will be created automatically inside you. this is like a winner of " Trader Of The month Contest" in Armada Markets

[pipaholic]

Based on my own experience as well as working with hundreds of traders over the years, I have come to the conclusion that there are three major components to winning in the stock market. An excellent Method, a customized Plan that fits YOU, and the right Mental Approach. While mastery of each of them is paramount, building the right Mental Approach seems to be the most challenging to master for the majority of traders.

Without a winning attitude and the proper mindset, even the soundest of all methods will lead to lost money. In fact, a winner is more defined by mental make-up than by method. This is why the trader with a winning attitude and a faulty approach can still produce positive results, while the trader with a loser's mentality will stumble and fall, despite an excellent approach. Don't think so? What do you actually think causes one trader to play six winners in a row, and another to experience six consecutive losses? How is it that one trader can use a daily newsletter and win, while another uses it and loses? What do you think differentiates the person who buys XYZ and wins, from the person who buys the same XYZ and loses? The difference lies in the Mind, plain and simple.

[mocharifin]

Not only confidence, but also good management will pay a victory for you..

[unclegober]

the confidence is good factor that give you the motivation for continuation of trading but this confidence should be in right position and result of the good trading because if not it will create greed

[goldtrader]

yeah. we need confident. we need keep our emotion. we will sure about our signal. it can be lose or win but. we need trust it.

[orni308]

Originally Posted by unclegober

the confidence is good factor that give you the motivation for continuation of trading but this confidence should be in right position and result of the good trading because if not it will create greed

Being confident is good, but being over confident is equally dangerous, there is a thin line between the two and a trader should take care of it.

[unclegober]

Confidence is essential for success.A trader who confidently trade in market he can able to earn money and will be a successful trader as soon as possible.Confidence is a good thing because it will make us move forward.It helps us to reach our goal.Without confidence no trader will success in forex trading.

[samuelp80]

Not all confidence will bring a success, only confidence that come with proper analysis that would being success there..

[unclegober]

According to me proper trading learning and practice is much essential for our success I am not saying that confidence is not necessary its also good but some time over confidence can also make you a looser in forex

[vic84]

Its necessary to make successful trades as it will make you more confident towards your approach and your attitude gets positive.

[unclegober]

To be successful trader in Forex must have good self confidence and try many times to recognize your hopes in earnings so confidence is the most important in Forex trading

[ValdisFFS]

Confidence is good but if not too much of it. Being overconfident can lead to losses and we should aim at profit :)