METHOD OR DISCIPLINE?

I would like to start a discussion on whether Method or Discipline is more important in this market?

There are people who think that the right method will make you rich very quickly, but there are people who think that the method only accounts for 10% of your success, if you want to be the ultimate winner, you must be a man keep rule.

What is your opinion?

Agreed, you need both... Two legs are better than one

According to me, both go hand in hand, discipline helps a trader to stay focused and proper method helps in implementing the trades in the right manner.

Both, like we need to eyes to make depth judgement in the same way we need method with discipline to make a clear analysis.

I'm always convinced that discipline plays major role in terms of forex trading, because due to discipline you have an opportunity to reach success. There is a certain correlation between methods and discipline. If you have discipline you will be able to create methods to reach success. So, as you can see discipline is on the first place here and it can be otherwise. Well, some traders believe that methods matter much more than discipline however I can't understand such traders, I'm sure thta discipline prevail over other things which can lead you to success actually. Nevertheless, everybody is individuality.

As everybody said, both are important, i also believe the same.

Both important but a little chicken and egg. I would say you need a good method or strategy and then the discipline to stick to it. You could have discipline in sticking to a failing strategy and be very good and losing your money. Equally you need discipline to keep going in the face of adversity to find your strategy.

I think you need one for the other to work, which makes them equally important. If you have a good method but don't stick to it, you'll lose money. If you are a well-disciplined trader with no strategy, you'll also lose money.

To succeed in forex, discipline is essential. First of all, we should increase our knowledge and experience in forex trading, so we can trade well. And hard work is also very important to achieve success in forex trading, so we should work more and more in the forex and in forex we should continue my hard work till we are successful and in forex we should trade with fresh and active mind and to achieve success in the forex it is very important that we should work with the patience in the forex.

Method and discipline are related concepts in the trading world. A method is best viewed as a set of guidelines that you can follow to make decisions about when and how to trade. Discipline is a trait that you need to help you follow your method consistently, and thereby grow a profitable trading business over the long term.

Bith are equally as important. As discipline is required even when you have a method with an edge you need to weather a loosing streak

Method and discipline both are essential elements of trading. Without method, discipline will be unsuccessful, and without discipline, the method will also fail. It is important to know that both are different elements, but they can work together for the best results.

I would say follow the methods with discipline. Trading is all about patience, discipline, and focus, so when you are planning a strategy and creating some methods, follow them with discipline.

Without discipline it's not possible to get success in forex trading. Only trading method or strategy is not enough for successful trading.

Both method and discipline is important. First we need a good method then we need discipline to get success. Only method or discipline alone is not enough.

A perfect method and discipline are required when trading in the financial markets, especially when it comes to Forex trading. Any small mistake can result in significant losses or missed opportunities.

Discipline matters more on the market, however traders shouldn't underestimate the affection of methods on their trading activity. Of course, discipline is the foundation of any kind of trading system/strategy. If you have no discipline then perhaps you won't be succeeded in trading. The vast majority of traders prohibits this discipline and it leads to unpleasant consequences. In my opinion, if traders want to be successful then they have to learn how to comply with discipline. Only then they can think about methods.


This Guy is definitely spot on.

Sorry,,, Phyllis could be a she.

Sorry Love.

Kevin1628 posted:
I would like to start a discussion on whether Method or Discipline is more important in this market?

There are people who think that the right method will make you rich very quickly, but there are people who think that the method only accounts for 10% of your success, if you want to be the ultimate winner, you must be a man keep rule.

What is your opinion?

We need both to be a successful trader. Method is something, which relates to strategy. Traders may find a number of good strategies. All of them may be used to make money. However, a trader may not be able to make money by using those strategies if he is not disciplined. Discipline is needed. A good strategy without discipline is nothing.

Both methods and discipline are important. They are interrelated. You need both to be successful to Forex trading. Without a good strategy and discipline, it's not possible to make money.