New and undisciplined traders always search for an entry. They sit before the chart all day long. Even there are some traders who can not sleep properly at night. It is very bad. Fix one or two trading sessions and search entry in those sessions in higher time frames.
GeorgeBischof
Miembro desde Jul 19, 2020
posts 318
Jan 10 2021 at 19:43
Forex trading is not so difficult. If you have proper knowledge about the basics of forex you can easily make money from this market. If you don't have proper knowledge, you can learn all the basics of forex from a demo account.
lorilivingst
Miembro desde Dec 23, 2020
posts 2
Jan 15 2021 at 06:33
I agree that forex trading is not easy but it is also not that difficult that people don’t sleep for nights. Your health is equally important because health is truly your biggest wealth.
lovefortrading
(perryjohn765)
Miembro desde Sep 12, 2017
posts 238
Jan 15 2021 at 07:01
not always the new traders are undisciplined. there are few who start with few options but no doubt there are alot who wants to get rich overnight
SofieAndreasen
Miembro desde Jul 23, 2020
posts 759
Jan 16 2021 at 17:59
perryjohn765 posted:There is no quickly get rich scheme in trading. Only those who work hard can be successful.
not always the new traders are undisciplined. there are few who start with few options but no doubt there are alot who wants to get rich overnight
LeviSievwright5
Miembro desde Jul 20, 2020
posts 298
Jan 17 2021 at 01:46
Discipline is just as important in our lives as it is in our trading. If a trader does not work to maintain discipline, he will never be able to trade successfully.
Elena Triston
(ele020)
Miembro desde Apr 15, 2020
posts 219
Jan 18 2021 at 03:54
UweMoench posted:Correctly explained. A trader needs to fix its trading strategy and time, unless, you are scalping you dont need to sit in front of your screen throughout.
New and undisciplined traders always search for an entry. They sit before the chart all day long. Even there are some traders who can not sleep properly at night. It is very bad. Fix one or two trading sessions and search entry in those sessions in higher time frames.
The more your practice, the more you learn.
Thorgahuginn
Miembro desde Jan 01, 2020
posts 21
Jan 18 2021 at 16:12
You'd think it doesn't happen to traders with experience.
It's just that some move forward from day one, and some don't want to analyze their own work.
It's just that some move forward from day one, and some don't want to analyze their own work.
LyudmilLukanov
Miembro desde Jul 23, 2020
posts 869
Jan 18 2021 at 17:33
LeviSievwright5 posted:To maintain consistent profit, traders need discipline and patience.
Discipline is just as important in our lives as it is in our trading. If a trader does not work to maintain discipline, he will never be able to trade successfully.
trollsdindy
Miembro desde Dec 01, 2020
posts 23
Feb 11 2021 at 11:52
Yes, setting a fixed time for trading is something traders should try to do since sitting in front of the screen all day gets stressful at times.
CraigMcG2020
Miembro desde Jul 20, 2020
posts 399
Feb 11 2021 at 13:20
UweMoench posted:
New and undisciplined traders always search for an entry. They sit before the chart all day long. Even there are some traders who can not sleep properly at night. It is very bad. Fix one or two trading sessions and search entry in those sessions in higher time frames.
Completely agree. Set your time and your criteria and have the discipline to walk away when the time is up or your criteria is not met
Higher time frames and focusing on exits rather than entries. That is where the money is
LeviSievwright5
Miembro desde Jul 20, 2020
posts 298
Feb 11 2021 at 17:10
Newcomers usually can't control their emotions. That is why they cannot trade by maintaining discipline.
New comers are mostly impatient, they should realise that success in trading requires patience and consistent practice.
hitterbull
Miembro desde Dec 16, 2020
posts 32
Feb 26 2021 at 09:40
Exactly! They are aware of what they are doing and also have a very good idea of the market. Good for them.
Carrysimonds
Miembro desde Jul 06, 2020
posts 8
Mar 05 2021 at 05:02
TradeHut posted:That is right and they end up losing their trades because of being impatient. It is very important to stay calm and patient while trading.
New comers are mostly impatient, they should realise that success in trading requires patience and consistent practice.
Marshshaun
Miembro desde Oct 06, 2020
posts 31
Mar 05 2021 at 06:36
Well, I think it kind of depends on the person’s attitude as well. Like I started trading a little while back and I did encounter some emotion at the beginning but that wasn’t continued and showed into my trading. I am generally a quiet person so it helps me trade patiently.
Carrysimonds
Miembro desde Jul 06, 2020
posts 8
Mar 06 2021 at 05:18
Marshshaun posted:That is great! I haven’t seen a lot of traders who say and experience this as a newbie. When I started trading, I began with demo accounts on Cityindex and Turnkeyforex. I was so disoriented and panicked over a lot of trades that were just on demos! Glad you’re better than that.
Well, I think it kind of depends on the person’s attitude as well. Like I started trading a little while back and I did encounter some emotion at the beginning but that wasn’t continued and showed into my trading. I am generally a quiet person so it helps me trade patiently.
Marshshaun
Miembro desde Oct 06, 2020
posts 31
Mar 06 2021 at 06:58
Carrysimonds posted:Haha, yeah it probably differs from trader to trader.Marshshaun posted:That is great! I haven’t seen a lot of traders who say and experience this as a newbie. When I started trading, I began with demo accounts on Cityindex and Turnkeyforex. I was so disoriented and panicked over a lot of trades that were just on demos! Glad you’re better than that.
Well, I think it kind of depends on the person’s attitude as well. Like I started trading a little while back and I did encounter some emotion at the beginning but that wasn’t continued and showed into my trading. I am generally a quiet person so it helps me trade patiently.