Only a small percentage

Only a small percentage of traders can sustain in the market for the long run. Those are the people who are highly skilled and have very discipline minds. We need to be like them to survive here.

UweMoench posted:
Only a small percentage of traders can sustain in the market for the long run. Those are the people who are highly skilled and have very discipline minds. We need to be like them to survive here.

Yes, I agree with you. It would be very difficult for me to make a profit in trading if I could not organize my mind in an orderly manner.

Most traders cannot survive in the forex market for long. Because our mindset is very impatient. The amount of loss is more due to emotion.

UweMoench posted:
Only a small percentage of traders can sustain in the market for the long run. Those are the people who are highly skilled and have very discipline minds. We need to be like them to survive here.

Discipline is the key for me.

LukeRachel posted:
Most traders cannot survive in the forex market for long. Because our mindset is very impatient. The amount of loss is more due to emotion.

True. Know how much you afford to lose before execute a trade. Set SL according to that.

SofieAndreasen posted:

LukeRachel posted:
Most traders cannot survive in the forex market for long. Because our mindset is very impatient. The amount of loss is more due to emotion.

True. Know how much you afford to lose before execute a trade. Set SL according to that.

Yes, it is true. I must know how much stop loss I can take and I have to maintain the risk ratio.

Very true . Not everyone is successful in this market.

It's true. For the long run only a small numbers of traders can survive in the market
 Others can not continue the trading as they end up losing money. It requires very good knowledge and mind control to be successful in trading.

78678676 posted:
 Very true . Not everyone is successful in this market.

I also agree. Many traders already lose a lot of money, many among them quitted the market.

i believe more than surviving one needs to think about learning. if you learn then only you can think of surviving.

UweMoench posted:
Only a small percentage of traders can sustain in the market for the long run. Those are the people who are highly skilled and have very discipline minds. We need to be like them to survive here.

When it comes to trading, discipline, experience , practice, determination, risk management etc play their individual role to form a pro trader, skipping even one out of these things can lead to losses.

That’s true. Every trader who enters the market doesn’t become a successful trader. It takes a trader’s focus and discipline to reach where they want to.

That’s true. Every trader who enters the market doesn’t become a successful trader. It takes a trader’s focus and discipline to reach where they want to.

You are right and I feel like it is not everyone’s cup of tea.

olivejohnston posted:
That’s true. Every trader who enters the market doesn’t become a successful trader. It takes a trader’s focus and discipline to reach where they want to.

Yes. Discipline is the main thing you need to maintain to make money from this market.

chantellepresley posted:
You are right and I feel like it is not everyone’s cup of tea.

it takes a lot of time effort and dedication there will not be a fast easy way to get there and people need to understand that from the out set

Pezza posted:

chantellepresley posted:
You are right and I feel like it is not everyone’s cup of tea.

it takes a lot of time effort and dedication there will not be a fast easy way to get there and people need to understand that from the out set

This is so true. If you have the patience to stick with this it will be life changing but like anything worth doing it isnt a straight forward road

Yeah it's been said that only 5% traders can make money in the forex market for the long run. Rest 95% can not make regular Profit.

Akasuki posted:
Yeah it's been said that only 5% traders can make money in the forex market for the long run. Rest 95% can not make regular Profit.

yes they cannot make profit because they focus on becoming a millionaire in a day instead of learning the skill.