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To shine in forex

RobSchiz
May 30 2021 at 18:42
567 Posts
perryjohn765 posted:
for shining one needs to be disciplined and focussed on what and when to do
I agree with you. Discipline is very much needed to survive in this market.
WaltonCharles
May 31 2021 at 06:03
144 Posts
UweMoench posted:
Knowledge becomes successful only when we can apply it properly. Execution is essential. A lot of individuals can't execute their knowledge due to absence of discipline and plans.
Discipline is very much important to survive in this market.
eddieteddie
May 31 2021 at 06:43
13 Posts
To shine in the forex, along with knowledge, discipline and patience, traders should keep in mind the following points as well:

-Choose and test a consistent trading strategy.
-Set a risk/reward ratio to 1:2 or higher.
-Set realistic profit targets.
-Avoid the use of high leverages.
-Do not invest more than 5% of trading capital on each trade.
-Keep a trade journal.
-Do regular market research.
MasterMove
May 31 2021 at 07:20
35 Posts
eddieteddie posted:
To shine in the forex, along with knowledge, discipline and patience, traders should keep in mind the following points as well:

-Choose and test a consistent trading strategy.
-Set a risk/reward ratio to 1:2 or higher.
-Set realistic profit targets.
-Avoid the use of high leverages.
-Do not invest more than 5% of trading capital on each trade.
-Keep a trade journal.
-Do regular market research.
Agreed to your all points, these will definitely help each and every trader here.
winning_trades
May 31 2021 at 07:50
48 Posts
Trading is an art, and the only way to become proficient is through consistent and disciplined practice.
Dictiony
May 31 2021 at 10:21
231 Posts
To shine and be successful in forex you always need to learn the basics of forex first and must understand the forex completely.
Beagelv
May 31 2021 at 11:06
81 Posts
Achieving professionalism in we go to a high level of trading and this has reached the dark already quite significant income
AliaDare
May 31 2021 at 16:18
788 Posts
winning_trades posted:
Trading is an art, and the only way to become proficient is through consistent and disciplined practice.
Yes, you are right. It is never possible to trade without a positive mentality. I as a trader think that a trading mindset should be created by controlling emotions with patience.
Chelsea Blacks (blackChelsea)
Jun 02 2021 at 09:26
125 Posts
If you have discipline in your life, it will automatically reflect in trading also. Try to improve holistically, wake up early , first disciplined thing you have done and it motivates you to do further more.
lovefortrading (perryjohn765)
Jun 02 2021 at 15:58
238 Posts
one needs to be true towards himself. decent progress and dedication everyday will surely make you shine
Tremblay
Jun 05 2021 at 10:36
330 Posts
blackChelsea posted:
If you have discipline in your life, it will automatically reflect in trading also. Try to improve holistically, wake up early , first disciplined thing you have done and it motivates you to do further more.
Three things a trader must need to become successful in this market. 1. Dedication, 2. Discipline, and 3. Patience.
RobertFerrari
Sep 07 2021 at 18:22
381 Posts
Tremblay posted:
blackChelsea posted:
If you have discipline in your life, it will automatically reflect in trading also. Try to improve holistically, wake up early , first disciplined thing you have done and it motivates you to do further more.
Three things a trader must need to become successful in this market. 1. Dedication, 2. Discipline, and 3. Patience.
Yes. You are absolutely right.
Unellene
Sep 08 2021 at 12:51
283 Posts
Tremblay posted:
blackChelsea posted:
If you have discipline in your life, it will automatically reflect in trading also. Try to improve holistically, wake up early , first disciplined thing you have done and it motivates you to do further more.
Three things a trader must need to become successful in this market. 1. Dedication, 2. Discipline, and 3. Patience.
here I completely agree, only many ignore these aspects
SteveHanks
Dec 26 2021 at 07:47
536 Posts
Tremblay posted:
blackChelsea posted:
If you have discipline in your life, it will automatically reflect in trading also. Try to improve holistically, wake up early , first disciplined thing you have done and it motivates you to do further more.
Three things a trader must need to become successful in this market. 1. Dedication, 2. Discipline, and 3. Patience.
I completely agree with you.
skihav
Dec 26 2021 at 09:37
801 Posts
As I understand it, I mean the concept - to achieve success?
Nakedize
Jan 24 at 05:06
46 Posts
Well said! Consistency is what makes a profitable forex trader.
ddarko3
Jan 24 at 09:34
70 Posts
Consitency and discipline are quite essential I must say!
Vicenox
Jan 24 at 11:34
16 Posts
To shine in forex, you need sound knowledge of the market. And to gain this knowledge, you need discipline and dedication.
MasterMove
Jan 24 at 12:35
35 Posts
Vicenox posted:
To shine in forex, you need sound knowledge of the market. And to gain this knowledge, you need discipline and dedication.
Exactly, this is what I follow, dedication and consistency always leads to profits in forex.
skihav
Jan 24 at 16:35
801 Posts
I advise you to set not such a goal, but simply try to understand the situation on the market. This will bring profit to the trader.
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