Feb 01 2021 at 12:22
Everybody here is talking about patience but I must say that learning with discipline is equally important in forex trading.
Feb 01 2021 at 12:51
how much you can return from your trading strategy 10 or 15% IT completely depends on your money management, so develop your MM and bring good profit.
Feb 02 2021 at 10:20
Adribaasmet posted:
how much you can return from your trading strategy 10 or 15% IT completely depends on your money management, so develop your MM and bring good profit.
Any good source for learning money management ?
forextrader777 posted:
Everybody here is talking about patience but I must say that learning with discipline is equally important in forex trading.
Yes! Both have equal weightage here. Somewhere, the right kind of balance between all the factors responsible for a trader's success, is the key.
Feb 03 2021 at 11:57
Yeah, patience helps you to think holistically by keeping in mind the amount frisk you can take. If you don’t have patience you will focus only on your loss part and can never have strategy to get yourself a safe escape.
Feb 05 2021 at 11:59
Yeah absolutely, one must be patient, an eagerness to make quick profits will always lead you to loss.
Patience is always rewarded, and for this you always need to strive to make yourself better.
Faujinn posted:
Patience is always rewarded
That's the one thing traders have to learn. Most of them rush after success, which is not required.
You are right, only with the help of patience you can control your emotions, which can influence the outcome of our trade.
To improve patience we need to be realistic. When it comes to forex trading, people become illogical. They want multiply 100$ in a day. Market moves all the time doesn't means all the pips are yours. Be realistic and treat it like a normal business.
You always need to have self-control and act by turning off all emotions.
Patience is the most important thing in trading. We don't want to wait for a good trade set up. We force ourselves to open trades. As a result we open bad trade.
Akasuki posted:
Patience is the most important thing in trading. We don't want to wait for a good trade set up. We force ourselves to open trades. As a result we open bad trade.
Yeah, if we stay calm, then we can certainly do wonders.
Patients is a very helpful asset. I had to forces it on myself but I not only wait for best trades
Jun 07 2021 at 17:57
I also agree. Success takes time in trading.
To improve patience we need to be realistic. When it comes to forex trading, people become illogical. They want multiply 100$ in a day. Market moves all the time doesn't means all the pips are yours. Be realistic and treat it like a normal business.
Jun 30 2021 at 12:55
Akasuki posted:
To improve patience we need to be realistic. When it comes to forex trading, people become illogical. They want multiply 100$ in a day. Market moves all the time doesn't means all the pips are yours. Be realistic and treat it like a normal business.
So true. All trader should read this before starting out
success is a very long time process in this trading place , for that reason we the traders first of all have to make sure how to keep patience when trading.
Imamul posted:
success is a very long time process in this trading place , for that reason we the traders first of all have to make sure how to keep patience when trading.
Yes. Patience is the most valuable thing of this market.
Jul 06 2021 at 17:33
True. Traders need the patience to survive in the market for long.
