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Only a small percentage
Mar 18, 2021 at 15:52
Member Since Jul 19, 2020
788 posts
UweMoench posted:Yes, I agree with you. It would be very difficult for me to make a profit in trading if I could not organize my mind in an orderly manner.
Only a small percentage of traders can sustain in the market for the long run. Those are the people who are highly skilled and have very discipline minds. We need to be like them to survive here.
Member Since Mar 16, 2021
477 posts
Member Since Jul 20, 2020
399 posts
Mar 19, 2021 at 08:18
Member Since Jul 20, 2020
399 posts
UweMoench posted:
Only a small percentage of traders can sustain in the market for the long run. Those are the people who are highly skilled and have very discipline minds. We need to be like them to survive here.
Discipline is the key for me.
Member Since Jul 23, 2020
759 posts
Mar 19, 2021 at 17:55
Member Since Jul 23, 2020
759 posts
LukeRachel posted:True. Know how much you afford to lose before execute a trade. Set SL according to that.
Most traders cannot survive in the forex market for long. Because our mindset is very impatient. The amount of loss is more due to emotion.
Member Since Mar 16, 2021
477 posts
Mar 20, 2021 at 01:37
Member Since Mar 16, 2021
477 posts
SofieAndreasen posted:Yes, it is true. I must know how much stop loss I can take and I have to maintain the risk ratio.LukeRachel posted:True. Know how much you afford to lose before execute a trade. Set SL according to that.
Most traders cannot survive in the forex market for long. Because our mindset is very impatient. The amount of loss is more due to emotion.
Member Since Jul 23, 2020
869 posts
Member Since Jan 11, 2019
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Apr 05, 2021 at 05:51
Member Since Apr 15, 2020
219 posts
UweMoench posted:When it comes to trading, discipline, experience , practice, determination, risk management etc play their individual role to form a pro trader, skipping even one out of these things can lead to losses.
Only a small percentage of traders can sustain in the market for the long run. Those are the people who are highly skilled and have very discipline minds. We need to be like them to survive here.
The more your practice, the more you learn.
Member Since Apr 01, 2021
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Member Since Apr 01, 2021
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Member Since Apr 03, 2021
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Member Since Mar 17, 2021
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Apr 23, 2021 at 11:39
Member Since Mar 17, 2021
536 posts
olivejohnston posted:Yes. Discipline is the main thing you need to maintain to make money from this market.
That’s true. Every trader who enters the market doesn’t become a successful trader. It takes a trader’s focus and discipline to reach where they want to.
Member Since Jul 20, 2020
399 posts
Apr 27, 2021 at 07:21
Member Since Jul 20, 2020
399 posts
Pezza posted:chantellepresley posted:it takes a lot of time effort and dedication there will not be a fast easy way to get there and people need to understand that from the out set
You are right and I feel like it is not everyone’s cup of tea.
This is so true. If you have the patience to stick with this it will be life changing but like anything worth doing it isnt a straight forward road
Jul 07, 2021 at 04:05
Member Since Apr 15, 2020
219 posts
Akasuki posted:yes they cannot make profit because they focus on becoming a millionaire in a day instead of learning the skill.
Yeah it's been said that only 5% traders can make money in the forex market for the long run. Rest 95% can not make regular Profit.
The more your practice, the more you learn.
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