jimmyneeesham posted:Yes, that's what I'm saying. Because if I can't discipline myself, trading is not possible for me. I have to come up with a good plan first and discipline myself according to that plan. Only then can you earn good money from trading.AliaDare posted:Isn’t that the most difficult thing to do here? Be disciplined :)
First, you need to apply the trading mentality in the right way. Then you have to manage the discipline and plan and enter the trade.
Until now, the trade that got me $567 is my most successful trade. I know that I have a lot of potential and I can do much better. Will keep taking risks and breaking my own records.
Mar 16 2021 at 11:45
illscarce874 posted:
Forex trading has never been easy for me. When I started doing it, I had so many dreams. But as I started trading, I saw all of them shattering like anything. I need some motivation because I don’t know for how long I will be able to take these losses. I am on the brink of leaving forex trading forever.
Leave it now while u still got money. Get a real job and stop dreaming.
jimmyneeesham posted:Of course. You have to maintain the journal before trading. At what price will you enter the trade? Where to give stop loss and take profit? How to manage the trade. Maintaining all these things is usually called a trading plan.AliaDare posted:Can you share some tips on things that help you not deviate from your trading plan, thanks in advance buddyjimmyneeesham posted:Yes, that's what I'm saying. Because if I can't discipline myself, trading is not possible for me. I have to come up with a good plan first and discipline myself according to that plan. Only then can you earn good money from trading.AliaDare posted:Isn’t that the most difficult thing to do here? Be disciplined :)
First, you need to apply the trading mentality in the right way. Then you have to manage the discipline and plan and enter the trade.
Mar 18 2021 at 04:17
A successful trade has a different meaning for each one of us. What is a successful trade according to me might only be a warm up according to someone else. Trading is an individual journey and your focus must be on your journey only. Take motivation from others but pave your own path.
Mar 20 2021 at 04:34
I don’t think that there is any scale that can measure the success of a trade. If you learnt something from your trade, it is definitely a successful trade in my eyes.
Для того чтоб научится торговать на форексе , нужно приложить очень много усилий и приобрести знаний , Однако форекс не подходит для всех типов людей!
Mar 23 2021 at 09:27
Instead of focusing on the monetary profits solely, your aim should be on learning new skills. The more skilled you are, the more consistently you will be able to make profits. And I think that’s better than making a big profit, one single time.
Mar 23 2021 at 12:33
manuel19065 posted:No place for dreamers eh!this market ;)illscarce874 posted:
Forex trading has never been easy for me. When I started doing it, I had so many dreams. But as I started trading, I saw all of them shattering like anything. I need some motivation because I don’t know for how long I will be able to take these losses. I am on the brink of leaving forex trading forever.
Leave it now while u still got money. Get a real job and stop dreaming.
Blend optimism with realism. I believe that there is always another day for you to trade profitably. Though you cannot lose hope, you have to be realistic while setting your expectations. It's never a good idea to keep using one strategy or trading one currency pair. Add flavours to your trading and that's when you will take another step towards success.
Forex is a risky business. Many people lose their money in this business because of their low knowledge and experience. So, gather proper knowledge before start trading with real acoount.
Mar 25 2021 at 11:32
Tremblay posted:
Forex is a risky business. Many people lose their money in this business because of their low knowledge and experience. So, gather proper knowledge before start trading with real acoount.
No doubt on that bud, I am just curious enough to know the biggest jackpot anyone’s hit in trading.
Mar 26 2021 at 10:23
When I started to trade forex, I was only focusing on making money. After realizing that it’s no child’s play, I decided to dedicate some more time to learning. Studying again gave me a new point of view and my current focus is on improving my trading skills so that I can earn for longer with alpari or any other broker that I will be using.
Mar 27 2021 at 04:26
it is a balancing act. Most important is to restrict the losses and preserve the capital. My mantra has been its not about making money but to avoid losses. It is an ocean out there. You will have ample opportunities. do not try and force trades. Put all your analysis and efforts in finding the right trades. You should have the right reasons before pressing that button. Once you are in, then trade management will come into play. Do not just take a trade. You should remember till much later why you took that particular trade. It will make or lose money but reasoning should be right.
Prepare, Persevere and Prevail
mitchelstrack posted:I think it is not possible to make money as long as a trading plan is made without acquiring proper education. Trading education and discipline help build a career.
I did try some strategies but there hasn’t been a consistency in profits. I think it takes a lot of time to get constant results in forex. Wondering if I should start with scalping for making fast returns. Thoughts?
Marlonsmith posted:It’s okay to have bad trades. But it doesn’t necessarily mean a bad trading career. You have a way to go. Keep improving your skills and strategies with every new trade you enter.
I don’t know whether I should keep losing money or take motivation from you all. You are all doing great and I am nowhere near to this.
Mar 31 2021 at 09:43
Marlonsmith posted:Take it another way! Every trader faces issues but what makes them successful is their constant efforts and determination that keep them going. Take motivation from them and don’t feel bad about where you are. We have all been there.
I don’t know whether I should keep losing money or take motivation from you all. You are all doing great and I am nowhere near to this.
Apr 05 2021 at 10:42
Not sure which trade I can classify as the most successful one but there have been some satisfactory ones that worked for me.
Apr 20 2021 at 06:58
It is difficult to get a profitable trade in forex and I don't think I have made that high a profit yet.
