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New and undisciplined traders
Jan 10, 2021 at 16:52
Anggota Sejak Jul 19, 2020
751 pos
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.
Anggota Sejak Jul 19, 2020
318 pos
Anggota Sejak Sep 12, 2017
238 pos
Anggota Sejak Jul 23, 2020
759 pos
Jan 16, 2021 at 17:59
Anggota Sejak Jul 23, 2020
759 pos
perryjohn765 posted:There is no quickly get rich scheme in trading. Only those who work hard can be successful.
not always the new traders are undisciplined. there are few who start with few options but no doubt there are alot who wants to get rich overnight
Anggota Sejak Jul 20, 2020
298 pos
Jan 18, 2021 at 03:54
Anggota Sejak Apr 15, 2020
219 pos
UweMoench posted:Correctly explained. A trader needs to fix its trading strategy and time, unless, you are scalping you dont need to sit in front of your screen throughout.
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.
The more your practice, the more you learn.
Anggota Sejak Jan 01, 2020
21 pos
Anggota Sejak Jul 23, 2020
869 pos
Jan 18, 2021 at 17:33
Anggota Sejak Jul 23, 2020
869 pos
LeviSievwright5 posted:To maintain consistent profit, traders need discipline and patience.
Discipline is just as important in our lives as it is in our trading. If a trader does not work to maintain discipline, he will never be able to trade successfully.
Anggota Sejak Jul 20, 2020
399 pos
Feb 11, 2021 at 13:20
Anggota Sejak Jul 20, 2020
399 pos
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
Anggota Sejak Jul 20, 2020
298 pos
Anggota Sejak Jan 22, 2021
125 pos
Mar 09, 2021 at 10:43
Anggota Sejak Jan 22, 2021
125 pos
Absolutely right! New traders always remain in a hurry in making profits rather than focusing on learning. Getting green signals and making profits on forex demo accounts doesn’t mean that you are now pro, even experienced traders always try to explore new techniques to manage their risks. Focus on learning with skills. Rest experience will help you in the long run.
Anggota Sejak Jul 20, 2020
298 pos
Mar 09, 2021 at 17:37
Anggota Sejak Jul 31, 2009
29 pos
blackChelsea posted:
Absolutely right! New traders always remain in a hurry in making profits rather than focusing on learning. Getting green signals and making profits on forex demo accounts doesn’t mean that you are now pro, even experienced traders always try to explore new techniques to manage their risks. Focus on learning with skills. Rest experience will help you in the long run.
I agree, however, it's not easy to keep trading with a demo for a lot of time without checking a real account. I think a loss with real money is inevitable and is part of the learning process. You cannot get the same experience emotionally with a demo account. I think it's even better to test with a real account only use a cent/nano account to represent a large account with the same feeling as trading a real account only with minimal (real) losses incase you go bust.
If it moves up and down, and I can sell and buy it, I'll trade it!
Anggota Sejak Nov 12, 2020
13 pos
Apr 30, 2021 at 17:35
Anggota Sejak Jul 19, 2020
788 pos
If there is no discipline in trading, the amount of loss is always high. Discipline must be maintained if a consistent profit is to be made. How do I control money management, how do I control risk, and increase the ratio of profitability? These must be maintained.
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