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Patience is best tool to get success

Apr 19, 2020 at 05:14
168 Replies
Seb King (sebking1986)
Member Since Apr 09, 2019   538 posts
Jun 13, 2022 at 10:32
You need patience to be able to collect enough data to indicate if you are banging your head against a wall or not. Equally when learning you need the patience to understand that you won't be making money anytime soon.
If you can't spot the liquidity then you are the liquidity.
Member Since Jan 13, 2021   52 posts
Jun 13, 2022 at 16:05
Dictiony posted:
Patience is a very best and useful tool to get success because if we have no patience in our self then we can become greedy and definitely we can face big loss and different problems thats why we have to stay cool and positive and be patience in this way we can get good profit and we can become a professional trader

Forex trading definitely requires a lot of patience and mindset is key
Member Since Jun 03, 2022   17 posts
Jun 14, 2022 at 12:32
Most traders are too eager to jump in and trade whenever any opportunity arises. This is probably due to our human nature and the eagerness to make a “quick move”. But if there is one thing that ensures a high probability of winning, it is having the patience to grasp all the necessary information before you trade. This apparently will take time as there are many factors involved in it, such as the forming of trends, trend corrections, highs and lows. Impatience to look at these matters could result in loss of money. It could be helpful sometimes to take a break, allow oneself to have the time to look at the bigger picture, instead of focusing too much on one aspect.
Member Since May 14, 2022   1 posts
Jun 14, 2022 at 15:08
Very true i myself i have lost a lot of money because of being impatient
Member Since Jun 02, 2022   32 posts
Jun 15, 2022 at 05:32
Forex trading is not a short-term investment. Success can only be achieved if you have patience and a strong understanding. It's easy to get greedy and end up with a big loss if you don't have patience. Trading foreign currencies requires a significant investment of time.
Member Since Jun 01, 2022   9 posts
Jun 15, 2022 at 08:59
Patience is so important. I have been wanting to Buy GBPUSD for over 6 months. Only now is the price suitable for me. If I had bought earlier then I would have lost money
Member Since Jun 02, 2022   20 posts
Jun 15, 2022 at 11:39
You don’t become a good runner in one day. In the same way, becoming a good forex trader requires hard work and consistency. And patience is key to achieve that. Many new traders neglect this. They seek instant results. But if trading were like this, would everyone be making money from trading?
Member Since May 24, 2022   17 posts
Jun 15, 2022 at 12:07
Patience is necessary for situations to be evaluated in the right way and at the time of being executed do your best. In the case of forex there is no exception, in fact we find that it is a primary feature that every trader must possess. Developing your forex trading plan will take time. Developing skills will take time. Waiting for the right business opportunities requires a lot of patience so you don’t make mistakes or rush to erroneous operations. Entering and exiting a trade at the right moment requires patience.
Martin Joe (SupplyZT)
Member Since Jun 29, 2022   26 posts
Jun 29, 2022 at 12:04
sebking1986 posted:
You need patience to be able to collect enough data to indicate if you are banging your head against a wall or not. Equally when learning you need the patience to understand that you won't be making money anytime soon.
Couldn't have put it any better 💯
Keep it country
Member Since Mar 28, 2021   617 posts
Jul 04, 2022 at 12:42

Scamming is done by Forex brokers on whom traders mostly rely. It is decreasing the dependence of traders on brokers. So, traders should always go for a regulated and secure broker for his own safety. Security is everything here in Forex and no one wants to compromise with it.
Member Since Jul 13, 2022   32 posts
Jul 28, 2022 at 06:53
Patience, in my opinion, is the most effective tool for success. You will lose the moment you lose patience.
Julia (JuliaEvans)
Member Since Jul 06, 2022   24 posts
Aug 01, 2022 at 10:06
Completely agree with you! From my experience, I clearly understood that emotions only interfere in trading. You always need to stick to a strategy to achieve success and do not hope for a quick result.
Member Since Jul 19, 2022   22 posts
Aug 03, 2022 at 10:18
The key to success in forex trading is patience, consistency, and dedication. Being impatient in your trades can make you fidget with it, which can potentially change a profitable trade into a loss. Moreover, if you are not patient, you will also not be able to stay consistent with your strategy for a long term. Developing your trading psychology, and practising meditation, can help increase the level of patience of traders.
Freddy Taylor (Freddy4Taylor)
Member Since Aug 04, 2021   37 posts
Aug 04, 2022 at 03:28
Not every trader is able to see with a cool head how his transactions become with a minus balance.
No job too big. No job too small.
Member Since May 30, 2022   27 posts
Aug 10, 2022 at 05:34
Patience is important while trading in financial markets. Moreover, acquiring trading knowledge is a long process. And if you can’t keep up with consistency and patience, you can’t become a successful trader.
Member Since Aug 02, 2022   22 posts
Aug 10, 2022 at 09:44
Staying patient shouldn’t mean that you sit on your hands. You must keep analysing the market but be fine if you make a wrong move. Losses are possible but trying to recover them out of anger can make you a revenge trader which is not a good thing.
Member Since Aug 03, 2022   25 posts
Aug 12, 2022 at 10:58
You don’t realise how important it is to keep patience until you have to pay for your eagerness. The market is constantly moving and you don’t get it easily. Develop a market understanding and take as much time as you need before you start getting negative thoughts about trading.
Member Since Feb 09, 2020   26 posts
Aug 19, 2022 at 19:21
Patience is a very important thing in achieving any goal. It does not matter what kind of business it is.
Of course, in Forex trading it is especially important.
Many beginning traders think that they can earn a lot of money in a week after registration.
These people lack patience. They open more and more losing trades. They don't have time and desire for analytics and analysis.
In this case nothing will work out.
Luck loves the patient!
Member Since Mar 26, 2021   11 posts
Aug 27, 2022 at 18:07
Patience is really considered to be the most crucial thing for successful trading. Sober mind - is a real power, I agree with it. No hesitation, no fear, only move forward.
Member Since Jan 04, 2021   12 posts
Aug 27, 2022 at 18:15
No matter what anyone says, it's true.
Patience is an important thing for any trader.
He must understand that the great success will not come in the first month. It takes time. A few months for learning and years for training and experience.
If a person is greedy and impatient, he cannot succeed in trading.
This traders often make mistakes.... Fatal mistakes!
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