Discipline is the most basic thing

Oct 28, 2020 at 12:51
Vues 1,460
29 Replies
Membre depuis Jun 15, 2021   posts 20
Aug 15, 2021 at 17:00
Forex trading demands a certain level of discipline. To develop discipline:
1 Set a clear-cut goal.
2 Direct your attention to what needs to be done.
3 After that, start monitoring your progress.
Membre depuis Mar 01, 2021   posts 11
Oct 07, 2021 at 18:25
Discipline is a must for a trader who wants to be successful on the market. If emotions overtake common sense, you'll definetely lose even if you are very knowledgable and skillful.
Membre depuis Aug 21, 2021   posts 61
Oct 08, 2021 at 12:06
Keuschur posted:
Discipline is a must for a trader who wants to be successful on the market. If emotions overtake common sense, you'll definetely lose even if you are very knowledgable and skillful.
I do think the same, discipline is the foremost and most important step to make your trading successful, without it no trader can get the desired results.
Membre depuis Mar 16, 2021   posts 477
Oct 11, 2021 at 01:59
skihav posted:
I realized this the most when I started working with the demo account of the broker. I really appreciated all the advantages of the case when a trader pays attention to discipline.
A lot of coordination is needed. I have to be smart to do trading discipline and plan.
Membre depuis Jun 21, 2021   posts 33
Oct 11, 2021 at 08:00
While trading forex, you will win some trades and you will lose on some trades but as long as you are disciplined enough to stick to your trading strategy and are not attached emotionally to your losses, you will tend to make more winning trades than losing trades.
Membre depuis Apr 09, 2019   posts 538
Oct 11, 2021 at 14:23
A quote by a prominant Betfair trader called Peter Webb, which likely applies to all types of trading is - 'If you trade with a random approach then you should expect random results'. A structured and disciplined approach is the only way to make any headway in the markets.
If you can't spot the liquidity then you are the liquidity.
Membre depuis Jul 19, 2020   posts 788
Oct 12, 2021 at 00:35
TroyTheTrader posted:
While trading forex, you will win some trades and you will lose on some trades but as long as you are disciplined enough to stick to your trading strategy and are not attached emotionally to your losses, you will tend to make more winning trades than losing trades.
Of course, every trader needs to maintain discipline. Trading cannot be done without discipline and plan.
Membre depuis Mar 17, 2021   posts 536
Oct 12, 2021 at 06:32
AliaDare posted:
TroyTheTrader posted:
While trading forex, you will win some trades and you will lose on some trades but as long as you are disciplined enough to stick to your trading strategy and are not attached emotionally to your losses, you will tend to make more winning trades than losing trades.
Of course, every trader needs to maintain discipline. Trading cannot be done without discipline and plan.
Without discipline, no trader can survive in this risky market.
Membre depuis Aug 07, 2020   posts 75
Oct 12, 2021 at 07:09
It is much easier for a disciplined trader to control the situation and understand where there may be some mistake.
Membre depuis Jun 16, 2020   posts 57
Oct 16, 2021 at 08:07
Yes, discipline is the most basic thing to consider when you are in forex trading. It’s important to be able to stick to a trading plan and that needs discipline.
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