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Most traders are impatient

Dec 27, 2020 at 09:26
1,244 Views
39 Replies
Member Since Jul 19, 2020   298 posts
Dec 27, 2020 at 09:26
Most traders are impatient and undisciplined. They want to make profit very quickly and that too without proper knowledge and skills. No well defined plan, they just do some random trading. And they are not willing to learn.
Member Since Nov 23, 2020   46 posts
Dec 27, 2020 at 20:44
Emotions are a trader's worst enemy. Today, if I have a losing trade, I stop my trade for 24 hours to calm down completely.
Member Since Jul 23, 2020   869 posts
Dec 28, 2020 at 01:14
Aurisida posted:
Emotions are a trader's worst enemy. Today, if I have a losing trade, I stop my trade for 24 hours to calm down completely.
Taking a break from trading is helpful to claim and clear your mind.
Member Since Jul 19, 2020   788 posts
Dec 28, 2020 at 01:49
He can never be a successful trader if he does not have patience in trading. Successful trading requires a lot of patience with discipline.
Member Since Jul 23, 2020   759 posts
Dec 28, 2020 at 17:34
AliaDare posted:
He can never be a successful trader if he does not have patience in trading. Successful trading requires a lot of patience with discipline.
If you can survive long in this market, you can eventually become successful. So, be patience.
Member Since Nov 20, 2020   21 posts
Jan 05, 2021 at 08:47
The biggest mistake that any new trader can make is being impatient and making decisions out of rage. It won’t take you anywhere and make you lose more than you can afford to.
Member Since Nov 19, 2020   22 posts
Jan 19, 2021 at 08:56
That’s right. Everyone wants to get rich quickly but that’s not how it works in forex. It requires a lot of determination and hard work.
Member Since Jan 07, 2021   23 posts
Jan 19, 2021 at 11:06
Yes, it's true. Even i was impatient but as the time passed by i understood there is no point of becoming impatient as forex trading is not a get rich quick scheme and one should trade with calm mind.
Member Since Jul 19, 2020   788 posts
Jan 20, 2021 at 00:51
Most traders lack patience. This is why they can't run towards success. So if you want to achieve success in training, you have to show patience.
Member Since Jul 20, 2020   298 posts
Feb 13, 2021 at 13:45
Trading profit gain is never possible without patience. Most traders lose because they have very little patience.
Member Since Dec 28, 2020   25 posts
Feb 14, 2021 at 09:25
Indeed, patience is the tool that can help us get things done.
Member Since Aug 27, 2017   994 posts
Mar 08, 2021 at 10:02
Success is not easy here; in my 1st year of trading I struggled a lot, but I didn’t lose my learning interest; as a result now I am making a decent amount of money! On the other hand, till now I am working on my trading skill.
Member Since Jun 23, 2020   17 posts
Mar 11, 2021 at 06:04
Adribaasmet posted:
Success is not easy here; in my 1st year of trading I struggled a lot, but I didn’t lose my learning interest; as a result now I am making a decent amount of money! On the other hand, till now I am working on my trading skill.
Yes, I think it is safe to say that things come to those who wait.
Member Since Dec 02, 2020   15 posts
Mar 11, 2021 at 07:52
I’m not sure I can relate because I’ve been trading for 4 months now and I’m starting to get agitated with it. The demos are boring after a while but I’ve read they are important so I was trying.
Member Since Nov 02, 2020   57 posts
Mar 11, 2021 at 08:00
Everything takes its own time, the more positive you feel about trading and derive benefits from it, the faster you can start making a profit.
Member Since Apr 18, 2020   54 posts
Mar 11, 2021 at 12:19
starmyth posted:
I’m not sure I can relate because I’ve been trading for 4 months now and I’m starting to get agitated with it. The demos are boring after a while but I’ve read they are important so I was trying.
Demos are very useful, if they are boring, then you are doing it wrong.
Member Since Jun 23, 2020   17 posts
Mar 12, 2021 at 06:00
starmyth posted:
I’m not sure I can relate because I’ve been trading for 4 months now and I’m starting to get agitated with it. The demos are boring after a while but I’ve read they are important so I was trying.
I think you are thinking a lot about this. If you want to enter the forex market, you will have to learn how it works or you’ll end up losing everything. As far as demos go, I traded for about 5 and a half months on them with Avatrade and Turnkeyforex and then moved to live. It is not that easy but if you adopt the right trading mindset, you will definitely see the results of your hard work. Good luck mate!
Member Since Dec 02, 2020   15 posts
Mar 12, 2021 at 08:13
leecopp posted:
starmyth posted:
I’m not sure I can relate because I’ve been trading for 4 months now and I’m starting to get agitated with it. The demos are boring after a while but I’ve read they are important so I was trying.
I think you are thinking a lot about this. If you want to enter the forex market, you will have to learn how it works or you’ll end up losing everything. As far as demos go, I traded for about 5 and a half months on them with Avatrade and Turnkeyforex and then moved to live. It is not that easy but if you adopt the right trading mindset, you will definitely see the results of your hard work. Good luck mate!
Idk I think I’ll just stick around for another month or so or maybe go live soon. Anyhow, thanks for responding.
Member Since Apr 01, 2020   231 posts
Mar 12, 2021 at 10:17
Yes, having patience is very necessary to be successful in Forex trading. If you have patience and skills both then it will be easy for you to be successful in Forex trading.
Member Since Feb 04, 2021   31 posts
Mar 12, 2021 at 12:24
starmyth posted:
leecopp posted:
starmyth posted:
I’m not sure I can relate because I’ve been trading for 4 months now and I’m starting to get agitated with it. The demos are boring after a while but I’ve read they are important so I was trying.
I think you are thinking a lot about this. If you want to enter the forex market, you will have to learn how it works or you’ll end up losing everything. As far as demos go, I traded for about 5 and a half months on them with Avatrade and Turnkeyforex and then moved to live. It is not that easy but if you adopt the right trading mindset, you will definitely see the results of your hard work. Good luck mate!
Idk I think I’ll just stick around for another month or so or maybe go live soon. Anyhow, thanks for responding.
I don’t agree with you on this. Demo accounts are meant for our initial practice and to make us prepared for the live trading. You should spend enough time learning through demo instead of considering it boring.
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