Discipline is not only about forex. I think person may be disciplined or no in general. If person maintain discipline in real life, then it will be OK to be disciplined while trading. I don't think that someone can be slugabed, but a good trader.
I agree. Without discipline your trades are not gonna go anywhere. So if you want consistency bring discipline not just into trading but in your life as well.You just can’t forget discipline in trading.
Discipline is important in any business. It's the truth. Another thing is that almost all of us do not always manage to adhere to its strict rules. Everything is very simple. Experiences and emotions can take over, and we just get lost when a situation happens that is fundamentally different from what we have planned. But I'm sure you can fight it if you learn how to quickly get out of this state and start working again with calmness and purpose. It is important for me to be successful, so one way or another I will strive for it.
Forex trading is not easy at all for the traders who are particularly newcomers even for us traders who already passed a long time in this volatile trading place. I been earning good in Forex trading after four years trading in Forex. but I can only manage until now to earn just 5% profit each month.
Mohammadi posted: Forex trading is not easy at all for the traders who are particularly newcomers even for us traders who already passed a long time in this volatile trading place. I been earning good in Forex trading after four years trading in Forex. but I can only manage until now to earn just 5% profit each month.
5 percent a month is alright buddy, my monthly target is about the same too. May 2020 be better for you 😄
Success isn’t always about greatness. It’s about consistency. Consistent hard work leads to success. Greatness will come
Discipline is very important for traders. Discipline can give the trader the full form of success. If a trader does not maintain discipline, he will never be able to become a successful trader. Discipline means money management, trade management, risk management, trading plan, etc. Without these issues, it is never possible to maintain discipline in trading.
generally the target we select is not realistic, this is the main problem we have and for that reason we cant fill up our target completely, we have to make sure the target according to our knowledge and experience , over targeting make make us always greedy and emotional. so be careful
Discipline can be practiced by demo trading. Through demo trading, it is possible to trade by analysis according to the plan. It is possible to develop a lot of discipline experience. If a trader is unable to maintain discipline, he will never be able to achieve success from trading.
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Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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