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New and undisciplined traders
Jan 10, 2021 at 16:52
Miembro desde Jul 19, 2020
posts 749
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.
Miembro desde Jul 19, 2020
posts 283
Miembro desde Sep 12, 2017
posts 232
Miembro desde Jul 23, 2020
posts 696
Jan 16, 2021 at 17:59
Miembro desde Jul 23, 2020
posts 696
perryjohn765 posted:
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
There is no quickly get rich scheme in trading. Only those who work hard can be successful.
Miembro desde Jul 20, 2020
posts 286
Jan 18, 2021 at 03:54
Miembro desde Apr 15, 2020
posts 187
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.
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.
The more your practice, the more you learn.
Miembro desde Jan 01, 2020
posts 19
Miembro desde Jul 23, 2020
posts 816
Jan 18, 2021 at 17:33
Miembro desde Jul 23, 2020
posts 816
LeviSievwright5 posted:
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.
To maintain consistent profit, traders need discipline and patience.
Miembro desde Jul 20, 2020
posts 385
Feb 11, 2021 at 13:20
Miembro desde Jul 20, 2020
posts 385
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
Miembro desde Jul 20, 2020
posts 286
Miembro desde Jan 22, 2021
posts 132
Mar 09, 2021 at 10:43
Miembro desde Jan 22, 2021
posts 132
Absolutely right! New traders always remain in a hurry in making profits rather than focusing on learning. Getting green signals and making profits on forex demo accounts doesn’t mean that you are now pro, even experienced traders always try to explore new techniques to manage their risks. Focus on learning with skills. Rest experience will help you in the long run.
Miembro desde Jul 20, 2020
posts 286
Mar 09, 2021 at 17:37
Miembro desde Jul 31, 2009
posts 27
blackChelsea posted:
Absolutely right! New traders always remain in a hurry in making profits rather than focusing on learning. Getting green signals and making profits on forex demo accounts doesn’t mean that you are now pro, even experienced traders always try to explore new techniques to manage their risks. Focus on learning with skills. Rest experience will help you in the long run.
I agree, however, it's not easy to keep trading with a demo for a lot of time without checking a real account. I think a loss with real money is inevitable and is part of the learning process. You cannot get the same experience emotionally with a demo account. I think it's even better to test with a real account only use a cent/nano account to represent a large account with the same feeling as trading a real account only with minimal (real) losses incase you go bust.
If it moves up and down, and I can sell and buy it, I'll trade it!
Miembro desde Nov 12, 2020
posts 13
Apr 30, 2021 at 17:35
Miembro desde Jul 19, 2020
posts 742
If there is no discipline in trading, the amount of loss is always high. Discipline must be maintained if a consistent profit is to be made. How do I control money management, how do I control risk, and increase the ratio of profitability? These must be maintained.

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