Discipline and Forex Trading

Apr 28, 2020 at 04:06
2,133 Views
46 Replies
Member Since Sep 27, 2021   4 posts
Sep 27, 2021 at 09:37
Discipline and consistency in learning is the key to get success in the forex trading.
Member Since Dec 26, 2019   20 posts
Sep 27, 2021 at 20:05
Discipline and forex tradding are inexctricably connected with each other. There are no successful forex trading activity without discipline actually. I'm not talking about physical discipline, like complying with trading regimes and so on. I also take into consideration mental discipline which implies stable mentality, clear mind and conscious actions. In my opinion, there are plenty of traders nowadays who are tend to neglect this rule and from tim to time it leads them to failure. We all know that mistakes can help traders to become more successful, then ones who don't want to comply with discipline, will once face its consequences.
Member Since May 30, 2020   16 posts
Oct 07, 2021 at 18:12
Discipline is a key to success. It is not important which knowledge and skills you have when you don't know how to implement them in an efficient way.
Member Since Mar 28, 2021   617 posts
Jan 01, 2022 at 05:42
Both patience and discipline are equally important. You have to give same importance to both of them.
Member Since Jul 19, 2020   788 posts
Jan 01, 2022 at 07:40
Discipline and Forex are intertwined. It is not possible to make profit in trading without managing discipline. Discipline needs to be managed in order to gain profit consistently.
Member Since Apr 09, 2019   538 posts
Jan 03, 2022 at 07:04
Motivation is what gets us started when we are new and fresh but it is discipline that keeps you going when motivation is waning.
If you can't spot the liquidity then you are the liquidity.
Member Since Oct 29, 2021   70 posts
Jan 19, 2022 at 06:30
Discipline and patience are essential when trading Forex. Many traders make the mistake of trying to 'time the market' and end up losing money in the process. A disciplined trader will stick to a plan, regardless of the market conditions. This is essential for long-term success in Forex trading.
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