Patience is best tool to get success

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.

You always need to have self-control and act by turning off all emotions.

Patience is the most important thing in trading. We don't want to wait for a good trade set up. We force ourselves to open trades. As a result we open bad trade.

Akasuki posted:
Patience is the most important thing in trading. We don't want to wait for a good trade set up. We force ourselves to open trades. As a result we open bad trade.

Yeah, if we stay calm, then we can certainly do wonders.

I also agree. Success takes time in trading.

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.

Akasuki posted:
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.

So true. All trader should read this before starting out

success is a very long time process in this trading place , for that reason we the traders first of all have to make sure how to keep patience when trading.

True. Traders need the patience to survive in the market for long.

Indeed, it is sometimes very difficult to exercise patience, especially when the situation is peak.

Skinim posted:
Indeed, it is sometimes very difficult to exercise patience, especially when the situation is peak.

Patience can Make you successful in this market.

In my opinion patience and discipline are the two major tools to achieve success in forex trading.

karlaelliott posted:
In my opinion patience and discipline are the two major tools to achieve success in forex trading.

Both are like made for each others. You can not think patience without discipline.

In the forex market, you can make money provided that you have a lot of skill and knowledge. In order to achieve sills, it takes patience and time. There isn't a shortcut to get it. Have patience and keep learning.

I believe that patience is required everywhere whether it is forex trading or not, slow and steady steps always lead to success.

Patience is considered to be something that is hard to achieve, even if you are patient person by nature. In trading activity, patience plays one of the major roles, that's why it's highly recommended to learn how to stay calm and patient even in toughest times on the market. New traders have to understand that there is no fast success on the market. Everything might be reached only due to hard working and patience. These are the key features of staying on the market for too long. No doubts, that sometimes we require to express por emotions and be impatient, nevertheless it's better to diminish the number of such situations.

I agree that patience plays a significant role in trading. I remember that all my problems in trading were caused by the lack of patience. Many times I needed to wait a bit more close my trade in the green but instead I chose to exit and lost in the end. Over time I learned to be patient and it helped me in trading.

I believe that in forex trading, patience can help you to overcome all fears and can guide you through the ways that can help you to avoid losses.

Trader's most important quality is patience. They must wait until the right moment to enter and exit. Experience is the best form of patience.