Trade discipline
Member Since Jul 09, 2020
20 posts
Aug 09, 2020 at 17:41
In every business, there are a number of predefined factors, without which your destination will never be reached. This is also true for Forex. Trading time, the money to invest in, stop losses, take advantage, etc. are some important factors. Each item in the forecast must be analyzed on the basis of proper business discipline. Set your targets every day and never trade after the targets have been reached.
Member Since Jul 19, 2020
318 posts
Aug 10, 2020 at 08:54
If you want to make money from this market consistently, you need to be disciplined. This is a risky market. If you can not be disciplined with your profession you can not succeed.
Aug 10, 2020 at 10:07
The best thing to do is to set a goal in trading. If your goals are not right, you will never succeed. You have to trade according to the plan. I am not just saying trading, you need a plan if you want to do anything. Because nothing is possible without a plan. If you set a regular stop-loss that hits the stop loss you will not open the trade that day. And you have to set a target every day, do not expect more than the target. All in all, if you want to make a consistent profit, you need to maintain discipline and trade.
Member Since Jul 09, 2020
20 posts
Aug 10, 2020 at 12:00
Thank for your replay
Member Since Mar 18, 2019
98 posts
Aug 10, 2020 at 12:40
setting goalposts is important. if you dnt achieve, go back and see WHY, take the time to understand why things didnt go to plan befor you delve in again.
Member Since Jun 16, 2020
35 posts
Sep 07, 2020 at 06:01
Discipline is everything in forex, more important than I reckon it is in other sorts of jobs or businesses. One emotionally wrapped trade and you can see your loss string initiating.
Member Since Sep 07, 2020
63 posts
Sep 08, 2020 at 06:57
I do agree that discipline should be developed in the beginning, but how would they know and be ready for that? That is an important statement to be made.
Member Since Sep 08, 2020
32 posts
Sep 10, 2020 at 08:09
Stick to a prove trading method.
Member Since Jan 11, 2019
147 posts
Sep 10, 2020 at 09:10
The 10 golden rules of forex trading
1. Avoid forex trading software that claims to guarantee returns
2. Always use a demo trading account
3. Forex trading can be highly stressful – avoid emotional trading
4. Invest in a solid forex education
5. You can learn to trade forex successfully
6. Manage your forex capital wisely
7. Manage your investment-per-trade wisely
8. Use common sense
9. Ensure you use risk protection strategies at all times
10. Be especially cautious about overextending yourself with leverage
1. Avoid forex trading software that claims to guarantee returns
2. Always use a demo trading account
3. Forex trading can be highly stressful – avoid emotional trading
4. Invest in a solid forex education
5. You can learn to trade forex successfully
6. Manage your forex capital wisely
7. Manage your investment-per-trade wisely
8. Use common sense
9. Ensure you use risk protection strategies at all times
10. Be especially cautious about overextending yourself with leverage
Member Since Jul 20, 2020
232 posts
Sep 10, 2020 at 11:27
Yes, you are right. To make money fro this risky market you have to be very disciplined.
Sep 11, 2020 at 07:13
Gracewilson1995 posted:
The 10 golden rules of forex trading
1. Avoid forex trading software that claims to guarantee returns
2. Always use a demo trading account
3. Forex trading can be highly stressful – avoid emotional trading
4. Invest in a solid forex education
5. You can learn to trade forex successfully
6. Manage your forex capital wisely
7. Manage your investment-per-trade wisely
8. Use common sense
9. Ensure you use risk protection strategies at all times
10. Be especially cautious about overextending yourself with leverage
Good points!
Member Since Sep 07, 2020
63 posts
Sep 11, 2020 at 07:42
Gracewilson1995 posted:
The 10 golden rules of forex trading
1. Avoid forex trading software that claims to guarantee returns
2. Always use a demo trading account
3. Forex trading can be highly stressful – avoid emotional trading
4. Invest in a solid forex education
5. You can learn to trade forex successfully
6. Manage your forex capital wisely
7. Manage your investment-per-trade wisely
8. Use common sense
9. Ensure you use risk protection strategies at all times
10. Be especially cautious about overextending yourself with leverage
This is very nice pointers to remember. Thank you for posting them
Member Since Jul 20, 2020
341 posts
Sep 11, 2020 at 17:15
Discipline is very important if you want to survive in this risky market and want to make money from this market.
Member Since Jul 19, 2020
318 posts
Sep 15, 2020 at 19:21
Gracewilson1995 posted:Very nice. It will help all the traders to easily remember all the points to trade in the fprex market.
The 10 golden rules of forex trading
1. Avoid forex trading software that claims to guarantee returns
2. Always use a demo trading account
3. Forex trading can be highly stressful – avoid emotional trading
4. Invest in a solid forex education
5. You can learn to trade forex successfully
6. Manage your forex capital wisely
7. Manage your investment-per-trade wisely
8. Use common sense
9. Ensure you use risk protection strategies at all times
10. Be especially cautious about overextending yourself with leverage
Member Since Jul 20, 2020
298 posts
Sep 16, 2020 at 01:48
Some Important Rules of Forex Trading Discipline
1. Money management
2. Risk management
3. Trade management
4. Trading plan
5. Good strategy
6. Always use stop loss
7. Market context
8. Trading without emotions
9. Stay away from greed and fear
10. Do regular meditation
1. Money management
2. Risk management
3. Trade management
4. Trading plan
5. Good strategy
6. Always use stop loss
7. Market context
8. Trading without emotions
9. Stay away from greed and fear
10. Do regular meditation
Sep 17, 2020 at 07:34
LeviSievwright5 posted:
Some Important Rules of Forex Trading Discipline
1. Money management
2. Risk management
3. Trade management
4. Trading plan
5. Good strategy
6. Always use stop loss
7. Market context
8. Trading without emotions
9. Stay away from greed and fear
10. Do regular meditation
These are some really good points for disciplined trading. Really shouldn't miss out on any point.
Member Since Jul 19, 2020
318 posts
Sep 22, 2020 at 18:58
If you wan to become successful in this market, discipline is very much important.
forex_trader_1786937
Member Since Aug 23, 2020
142 posts
Sep 23, 2020 at 15:24
Discipline is the key to success, nothing more,nothing less, if i was not disciplined, I could not be trading with private funds bank.They only take disciplined traders.
