How can you beat the forex market

[Devo G]

To beat the market you need patience and a great mind set

 

[kittclouds]

That's a question that's been asked of all markets and games. I don't think you're going to find the answer to that online.

 

[mlawson71]

One can't beat the market, but one can learn how to use it to profit and even profit regularly.

 

[Robert Hills]

Any trader can get forex education from anywhere. But before starting forex he must know the basic. After knowing basic he should choose a broker which can give him proper guideline. When I started trading I got all my forex education from TP Global FX. They offer a demo account which can be operated as live account. Any new trader can easily get education by using this demo account full risk free. It will help him to know all techniques of forex practically. It also give facility to put any amount on demo account and any spreads and leverage. Which can be effective to learn about those things. I am still trading with them.

 

[dangelo505775]

it's not about beating the market but learning to understand what's going on. I think creating a bias about where it"s "going to go" can be one of your mistakes, instead watch the candles and use what you learn to adapt to changes

 

[prazorf]

Yes, the important thing is to understand the environment. Indicators are always telling you about the past, price action can help you understand what is going to happen

 

[wapmasta]

no need to do any kind of beating. just follow the market and both of you will be happy

 

[rzb]

to beat the a market you need a edge.do what no else is doing.dont folow the pack

 

[Dora_WalletInvestor]

I don't think you have to beat the market, you just need to learn how to navigate it. Anyways, yes, mindset is very important, and you have to be patient. You also have to learn and practice a lot if you want to become a good trader.

 

[Somrat4030]

You need to understand the trading environment first.

 

[mlawson71]

I have not heard of Keltner Channels before. What is that indicator?

 

[Sherverty]

1. Determine how the broker manipulates the price or software.
2. Develop a strategy that puts the broker at a disadvantage

3. Make money by trading it

 

[mlawson71]

You can't "beat" the market. At best, you can adapt to it and profit off that. If you're a small retail trader, the market will be always stronger than you.

 

[RaxXxz0r]

Don't ask how to beat the market, ask yourself how to beat the beast what is called emotions. Its key to be less emotional in trading.

 

[mlawson71]

You cannot beat that either, all you can do is learn how to keep it under control.

 

[Daantje Pieters]

Good points, patience can take a trader a long way in trading. And with that, you have to create the right mindset. If you can trade with the right mindset and patience, it will not take long to become a profitable trader. Many traders want to get rich quickly, but this expectation is never fulfilled. If they do not trade patiently.

 

[mlawson71]

A lot of brokers very deliberately create this expectation for newbie traders, unfortunately. It's a deliberate and deeply unethical tactic.

 

[Daantje Pieters]

It is not possible to trade without patience and a correct mindset. Every trader has to gain profit by trading with patience. A trader has to gain a lot of knowledge and gain trading profit with patience. Every trader needs to trade with patience.