One thing should be made clear: spread betting is how to be a successful trader in forex 0 spread in the United States. The forex market is the largest and most accessible financial market in the world, but although there are many forex investors, few are truly successful ones. Many traders fail for the same reasons that investors fail in other asset classes. In addition, the extreme amount of leverage - the use of borrowed capital to increase the potential return of investments - provided by the market, and the relatively small hlw of margin required when trading currencies, deny traders the opportunity to make numerous low-risk mistakes.
Factors specific to trading currencies can cause some traders to expect greater investment returns than the market can consistently offer, or to take moSuccess trader usually they also have long story during their learning, there are women trader which although never study on university but she can success with treat forex like as hobby, during experience succesxful facing many failure but too come back again and trying new strategy.
Treat forex like as spreqd and not like as gambling, so during trades also as trader will look on risk possibility during trades and not only focus for target, risk management still used among trader beside learning how to analyze the market with high accurate. Click to expand.I am ever reading success story which these trader only relying technical analysis in trades, I think if this way accompanied with strict risk management and proper money management also can leading trader being success.
Your question is impossible to answer. I doubt there are any traders out there we have heard of. Soros, Rogers etc that have traded or currently trade currencies (mostly by shorting USD) exclusively. They trade futures, equities etc. successful well. Heck, I trade three markets and I barely have enough to day trade stocks.
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How to be a successful trader in forex 0 spread