Discipline is the most basic thing
Aug 09, 2021 at 11:24
You need discipline to spend enough time analysing, checking charts etc, to be able to make an informed decision that has good potential to lead to profits. You also need discipline to control your mind to think in a focused way not with emotions.
Aug 11, 2021 at 01:15
RobSchiz posted:Of course, discipline is capable of turning a trader into a successful trader.AliaDare posted:Yes. Discipline can make you the best trader.
Discipline is very important in trading. Without discipline, it is never possible to make a trading profit. The discipline of every trader should be maintained. It is possible to avoid unexpected losses.
Member Since Mar 17, 2021
536 posts
Aug 15, 2021 at 08:37
mab8 posted:Without discipline, no strategy will work in this market.
You need discipline to spend enough time analysing, checking charts etc, to be able to make an informed decision that has good potential to lead to profits. You also need discipline to control your mind to think in a focused way not with emotions.
Oct 08, 2021 at 12:06
Keuschur posted:I do think the same, discipline is the foremost and most important step to make your trading successful, without it no trader can get the desired results.
Discipline is a must for a trader who wants to be successful on the market. If emotions overtake common sense, you'll definetely lose even if you are very knowledgable and skillful.
Member Since Mar 16, 2021
477 posts
Oct 11, 2021 at 01:59
skihav posted:A lot of coordination is needed. I have to be smart to do trading discipline and plan.
I realized this the most when I started working with the demo account of the broker. I really appreciated all the advantages of the case when a trader pays attention to discipline.
Member Since Jun 21, 2021
33 posts
Oct 11, 2021 at 08:00
While trading forex, you will win some trades and you will lose on some trades but as long as you are disciplined enough to stick to your trading strategy and are not attached emotionally to your losses, you will tend to make more winning trades than losing trades.
Member Since Apr 09, 2019
538 posts
Oct 11, 2021 at 14:23
A quote by a prominant Betfair trader called Peter Webb, which likely applies to all types of trading is - 'If you trade with a random approach then you should expect random results'. A structured and disciplined approach is the only way to make any headway in the markets.
If you can't spot the liquidity then you are the liquidity.
Oct 12, 2021 at 00:35
TroyTheTrader posted:Of course, every trader needs to maintain discipline. Trading cannot be done without discipline and plan.
While trading forex, you will win some trades and you will lose on some trades but as long as you are disciplined enough to stick to your trading strategy and are not attached emotionally to your losses, you will tend to make more winning trades than losing trades.
Member Since Mar 17, 2021
536 posts
Oct 12, 2021 at 06:32
AliaDare posted:Without discipline, no trader can survive in this risky market.TroyTheTrader posted:Of course, every trader needs to maintain discipline. Trading cannot be done without discipline and plan.
While trading forex, you will win some trades and you will lose on some trades but as long as you are disciplined enough to stick to your trading strategy and are not attached emotionally to your losses, you will tend to make more winning trades than losing trades.
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