Rating: Empty Star Empty Star Empty Star Empty Star Empty Star
Discipline and Forex Trading
Previous 1 2 3 Next

Member Since Jan 06, 2020  83 posts FundsProManager (TraderProHungary) May 21 at 12:44
No emotion and you are successful and can make huge gains with little risk and very low drawdown.

Market Direction

Member Since May 02, 2019  267 posts Roberto21 May 21 at 15:58
Everything is uncertain in Forex market, so the newcomers always feel frustrated when trading. So before kickoff live account we have to make sure sufficient trading balance that can remove our frustration , otherwise it will be great difficult to survive in this volatile trading market.


Member Since Dec 23, 2019  8 posts Ishndwyn Jun 01 at 16:30
Of course, I wouldn't say that discipline alone is enough to become a successful and profitable trader. But if you're serious about trading and want to make a profit, you'll need this quality 100%. Don't be lazy to develop it in yourself, because it'll be very useful in real life as well.


Member Since May 08, 2020  2 posts Harry D Moore (harrydmoore) Jun 01 at 17:09
  I will agree discipline it is the hardest thing to (control myself) and plan entrance and exit for each 'TRADE'

Never been Pour Broke a Lot

Member Since Jun 01, 2020  25 posts Suarez Jun 02 at 10:51
harrydmoore posted:
  I will agree discipline it is the hardest thing to (control myself) and plan entrance and exit for each 'TRADE'

You are right. But one who is able to imbibe both these things in his trading , discipline and planning, can make his journey a really profitable one.


Member Since Jun 02, 2020  4 posts ForexRealProfit (realprofitea) Jun 02 at 11:53
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.

Yes, A trader without discipline will never feel consistency in their trading because they fail to use the proper risk management and adhere to their trading strategy.

Real Profit Expert Advisor

Member Since Aug 11, 2017  737 posts Mohammadi Jun 02 at 14:51
In the present world from any other profession Forex trading is most comfortable and suitable to earn money in a proper way, but you have make sure some mandatory rules for that . but practically mostly traders are loser from here due to lack of exact trading knowledge which is the key to success in this volatile trading place. Besides good trading knowledge it is also important to ensure proper trading plan , money management , risk management and obviously a reliable support from a credible trading broker.


Member Since May 08, 2020  2 posts Harry D Moore (harrydmoore) Jun 02 at 16:41 (edited Jun 02 at 16:43 )
Suarez Thank You for your comments.
 This is a waiting game and the discipline to watch the market go against you and not panic and get out is the hardest thing knowing that it will turn the way you planned your trade is the hardest. Getting out too early has cost me more than once.
 This amounts to Having Tenacity which we all have to have to do FOREX.

Never been Pour Broke a Lot

Member Since May 24, 2020  41 posts Duktilar Jun 09 at 07:28
Properly organized discipline in Forex trading will allow you to achieve stunning success.


Member Since Jun 09, 2020  6 posts Bennie Riley (bennieriley) Jun 16 at 12:56
Forex market is very unpredictable and uncertain. One needs to restrict their emotions and should follow the footsteps of your trading plan otherwise it can lead to the wrong path of losses and frustration. For being in a profitable situation consistently, you need to do more and more practice and understand each and every move deeply.

Previous 1 2 3 Next
EURUSD 1.18077 GBPUSD 1.30607
USDJPY 106.718 USDCAD 1.32407







Twitter |  Facebook |  Site Map  |  Terms  |   Privacy Policy
©2020 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.