Forex Tutorial
January 17, 2017

Can You Define a Successful Trade?

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?