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Discipline and Forex Trading
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Dictiony

Member Since Apr 01, 2020  78 posts Dictiony Apr 28 at 04:06
There is no doubt that discipline is one of the most important factors in the Forex market and most of the traders lose their money while they can not be disciplined during the trading time. We know that forex is the most profitable online business where anyone can make huge money within a short time if the can learn perfectly the knowledge of trading skills and strategy about forex.

Tekich

Member Since Aug 22, 2016  9 posts Tekich May 16 at 03:09
True, discipline and knowing what you do - are most important things when you are trading Forex. P.S. don't expect to get rich in a week. Go slow and smart.

outersightfx

Member Since Mar 13, 2018  3 posts Outersight FX (outersightfx) May 17 at 01:25
Dictiony posted:
There is no doubt that discipline is one of the most important factors in the Forex market and most of the traders lose their money while they can not be disciplined during the trading time. We know that forex is the most profitable online business where anyone can make huge money within a short time if the can learn perfectly the knowledge of trading skills and strategy about forex.
totally agree 100%

Greed is an account killer
Raushelle

Member Since May 15, 2020  15 posts Raushelle May 18 at 08:29
Tekich posted:
True, discipline and knowing what you do - are most important things when you are trading Forex. P.S. don't expect to get rich in a week. Go slow and smart.

Unrealistic expectations are what any forex trader should not be into. I agree with you on that. However, greed urges us to expect wrong and unrealistic most of the times and we get trapped.

Mohammadi

Member Since Aug 11, 2017  736 posts Mohammadi May 19 at 10:26
I have seen according to my trading experience mostly traders depend on demo trading for acquiring proper basic information about trading; I think it would be better if we newcomers take pips school for acquiring real fundamental experience instead of demo account. This trading place always makes sure all basic information with essential terms and conditions.

Roberto21

Member Since May 02, 2019  266 posts Roberto21 May 19 at 10:54
as a newcomer If you really have passed pre school level greatly , I think right now you are more appropriate for live trading but not with grand amount.

Adribaasmet

Member Since Aug 27, 2017  834 posts Adribaasmet May 19 at 14:18
Forex traders who think always its easy money-making process, at the end of the day be a loser. its not a place to make money easily within rapidly, its all about making good knowledge and experience.  take it or leave it. decisions is yours.  thanks 

richard2

Member Since Oct 19, 2019  32 posts richard2 May 20 at 06:50
Mohammadi posted:
I have seen according to my trading experience mostly traders depend on demo trading for acquiring proper basic information about trading; I think it would be better if we newcomers take pips school for acquiring real fundamental experience instead of demo account. This trading place always makes sure all basic information with essential terms and conditions.


Well according to me both are important. Neither should be demo trading be less emphasized nor pips school.

reggae

Member Since May 11, 2020  24 posts reggae May 21 at 08:53
Adribaasmet posted:
Forex traders who think always its easy money-making process, at the end of the day be a loser. its not a place to make money easily within rapidly, its all about making good knowledge and experience.  take it or leave it. decisions is yours.  thanks 


This! It is important to keep in mind that you cannot make the money overnight. It takes lots of practice and patience to do so.

TraderProHungary

Member Since Jan 06, 2020  83 posts FundsProManager (TraderProHungary) May 21 at 12:42
Dictiony posted:
There is no doubt that discipline is one of the most important factors in the Forex market and most of the traders lose their money while they can not be disciplined during the trading time. We know that forex is the most profitable online business where anyone can make huge money within a short time if the can learn perfectly the knowledge of trading skills and strategy about forex.


To be a professional trader, discipline is the key, you must have a Heart Of Stone when trading, That eliminates anything like emotion, I don't have no emotion while trading and it's the foundation of my success story.

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