You might want to add revenge trading there among the things we should avoid at all cost.
I got your intention; basically it’s very easy to start this business! But in reality, it’s not easy to be a consistent player!
Skilled, analytic and strategic. These words came to mind as these are essential qualities which every trader needs in order to become successful in the forex market.
For me it is: Disciplined, Patient and consistent.
Three adjectives that come to my mind after hearing forex are: Determined, Smart and Focused.
My top 3 adjectives are Patience, discipline and confidence.
A forex trader is Risk-tolerant, observant, and Patient. These qualities are essential for every forex trader to become successful.
Action-oriented, focused, and disciplined are the three top adjectives that come to my mind.
An action-oriented trader is far better than many others who do not take action, and even if they take, they are not consistent.
A focused mindset leads to perfection. A disciplined trader has it all.
It would be apt to say that the terms that come to mind are mostly smart, disciplined and patient but we can’t really say that for all traders. So, I’ll say the ones who are passionate can be defined like that. For the others, well they need time.
Here’s what comes to my find when I think of a forex trader -
- Disciplined
- Logical
- Hard-working
I believe they are:
- Focused
- Shrewd
- Diligent
Practice, consistency and technical skill.
They would be knowledgeable, disciplined, and patient.
It would be consistency, Logical and composed.
The adjectives that I can think about are Discipline, practice and anxiety!
Strategic, analytic and skilled. It is impossible to become a successful trader without a profitable strategy. And one will not be able to execute their strategy well unless they are good at market analysis. And trading is a skill that needs to be learned and developed over time with practice and experience. That is why these are the top 3 adjectives that I would use for a forex trader.
I think Consistency, dedication, and risk-tolerant are the three adjectives that come to my mind.
The top 3 adjectives that comes to my mind describing a forex trader (being a trader myself) are -
- Consistency
- Discipline
- Focused
Because no matter how strong one’s analytical thinking are, if a trader does not have the above three characteristics, they can easily feel demotivated, and leave the market soon.
The Top 3 adjective that come to my mind are:
- Technical Analysis
- Pips
- Spread