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New and undisciplined traders

CraigMcG2020
Feb 11 at 13:20
posts 131
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

Akram101
Feb 11 at 16:19
posts 11
Higher time frames and focusing on exits rather than entries. That is where the money is

LeviSievwright5
Feb 11 at 17:10
posts 298
Newcomers usually can't control their emotions. That is why they cannot trade by maintaining discipline.

TradeHut
Feb 18 at 12:04
posts 31
New comers are mostly impatient, they should realise that success in trading requires patience and consistent practice.


hitterbull
Feb 26 at 09:40
posts 32
Exactly! They are aware of what they are doing and also have a very good idea of the market. Good for them.

Carrysimonds
Mar 05 at 05:02
posts 8
TradeHut posted:
New comers are mostly impatient, they should realise that success in trading requires patience and consistent practice.


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.

Marshshaun
Mar 05 at 06:36
posts 31
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
Mar 06 at 05:18
posts 8
Marshshaun posted:
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.

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.

Marshshaun
Mar 06 at 06:58
posts 31
Carrysimonds posted:
Marshshaun posted:
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.

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.

Haha, yeah it probably differs from trader to trader.

Tremblay
Mar 06 at 09:43
posts 330
Everything depends on trading knowledge. Profit is possible only if you have good trading skills.

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