Feb 01 at 12:22
Everybody here is talking about patience but I must say that learning with discipline is equally important in forex trading.
Feb 01 at 12:51
how much you can return from your trading strategy 10 or 15% IT completely depends on your money management, so develop your MM and bring good profit.
Feb 02 at 10:20
Adribaasmet posted:
how much you can return from your trading strategy 10 or 15% IT completely depends on your money management, so develop your MM and bring good profit.
Any good source for learning money management ?
forextrader777 posted:
Everybody here is talking about patience but I must say that learning with discipline is equally important in forex trading.
Yes! Both have equal weightage here. Somewhere, the right kind of balance between all the factors responsible for a trader's success, is the key.
Feb 03 at 11:57
Yeah, patience helps you to think holistically by keeping in mind the amount frisk you can take. If you don’t have patience you will focus only on your loss part and can never have strategy to get yourself a safe escape.
Feb 05 at 11:59
Yeah absolutely, one must be patient, an eagerness to make quick profits will always lead you to loss.
Patience is always rewarded, and for this you always need to strive to make yourself better.
Faujinn posted:
Patience is always rewarded
That's the one thing traders have to learn. Most of them rush after success, which is not required.
You are right, only with the help of patience you can control your emotions, which can influence the outcome of our trade.
To improve patience we need to be realistic. When it comes to forex trading, people become illogical. They want multiply 100$ in a day. Market moves all the time doesn't means all the pips are yours. Be realistic and treat it like a normal business.
