New and undisciplined traders always search for an entry. They sit before the chart all day long. Even there are some traders who can not sleep properly at night. It is very bad. Fix one or two trading sessions and search entry in those sessions in higher time frames.
Jan 10 2021 at 19:43
Forex trading is not so difficult. If you have proper knowledge about the basics of forex you can easily make money from this market. If you don't have proper knowledge, you can learn all the basics of forex from a demo account.
Jan 15 2021 at 06:33
I agree that forex trading is not easy but it is also not that difficult that people don’t sleep for nights. Your health is equally important because health is truly your biggest wealth.
Jan 15 2021 at 07:01
not always the new traders are undisciplined. there are few who start with few options but no doubt there are alot who wants to get rich overnight
Jan 16 2021 at 17:59
perryjohn765 posted:There is no quickly get rich scheme in trading. Only those who work hard can be successful.
not always the new traders are undisciplined. there are few who start with few options but no doubt there are alot who wants to get rich overnight
Jan 17 2021 at 01:46
Discipline is just as important in our lives as it is in our trading. If a trader does not work to maintain discipline, he will never be able to trade successfully.
Jan 18 2021 at 03:54
UweMoench posted:Correctly explained. A trader needs to fix its trading strategy and time, unless, you are scalping you dont need to sit in front of your screen throughout.
New and undisciplined traders always search for an entry. They sit before the chart all day long. Even there are some traders who can not sleep properly at night. It is very bad. Fix one or two trading sessions and search entry in those sessions in higher time frames.
The more your practice, the more you learn.
Jan 18 2021 at 16:12
You'd think it doesn't happen to traders with experience.
It's just that some move forward from day one, and some don't want to analyze their own work.
It's just that some move forward from day one, and some don't want to analyze their own work.
Jan 18 2021 at 17:33
LeviSievwright5 posted:To maintain consistent profit, traders need discipline and patience.
Discipline is just as important in our lives as it is in our trading. If a trader does not work to maintain discipline, he will never be able to trade successfully.
Feb 11 2021 at 11:52
Yes, setting a fixed time for trading is something traders should try to do since sitting in front of the screen all day gets stressful at times.
Feb 11 2021 at 13:20
UweMoench posted:
New and undisciplined traders always search for an entry. They sit before the chart all day long. Even there are some traders who can not sleep properly at night. It is very bad. Fix one or two trading sessions and search entry in those sessions in higher time frames.
Completely agree. Set your time and your criteria and have the discipline to walk away when the time is up or your criteria is not met
Higher time frames and focusing on exits rather than entries. That is where the money is
Feb 11 2021 at 17:10
Newcomers usually can't control their emotions. That is why they cannot trade by maintaining discipline.
New comers are mostly impatient, they should realise that success in trading requires patience and consistent practice.
Feb 26 2021 at 09:40
Exactly! They are aware of what they are doing and also have a very good idea of the market. Good for them.
Mar 05 2021 at 05:02
TradeHut posted:That is right and they end up losing their trades because of being impatient. It is very important to stay calm and patient while trading.
New comers are mostly impatient, they should realise that success in trading requires patience and consistent practice.
Mar 05 2021 at 06:36
Well, I think it kind of depends on the person’s attitude as well. Like I started trading a little while back and I did encounter some emotion at the beginning but that wasn’t continued and showed into my trading. I am generally a quiet person so it helps me trade patiently.
Mar 06 2021 at 05:18
Marshshaun posted:That is great! I haven’t seen a lot of traders who say and experience this as a newbie. When I started trading, I began with demo accounts on Cityindex and Turnkeyforex. I was so disoriented and panicked over a lot of trades that were just on demos! Glad you’re better than that.
Well, I think it kind of depends on the person’s attitude as well. Like I started trading a little while back and I did encounter some emotion at the beginning but that wasn’t continued and showed into my trading. I am generally a quiet person so it helps me trade patiently.
Mar 06 2021 at 06:58
Carrysimonds posted:Haha, yeah it probably differs from trader to trader.Marshshaun posted:That is great! I haven’t seen a lot of traders who say and experience this as a newbie. When I started trading, I began with demo accounts on Cityindex and Turnkeyforex. I was so disoriented and panicked over a lot of trades that were just on demos! Glad you’re better than that.
Well, I think it kind of depends on the person’s attitude as well. Like I started trading a little while back and I did encounter some emotion at the beginning but that wasn’t continued and showed into my trading. I am generally a quiet person so it helps me trade patiently.
