here we have discussed what are the important things that you will need to become a successful trader. 1. Techinical Analysis Skill: Understanding the chart behaviour;
Price
Volume
Support and resistance
Trendlines
2. Risk Capability
How much money you can afford to lose on a single order, and on a single day.
3. Peace of Mind
Are you having a thought that might disturb your trade making decision. You must have a calm and peaceful mind for being a successful trader.
4. Trade Managment
Trade management is the skill that gives you the power to make intelligent decisions based on the analysis of which point is the best point to enter and exit from the trade.
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