Discipline is the most basic thing for getting desired success in forex. Among all the successful traders discipline is the common quality they all have. It doesn't have any kind of effect which approach you utilize, you ought to be trained.
It is not possible to create a good strategy without discipline. Discipline is needed to make a trader perfect. Many traders cannot make a profit by trading for a long time because of a lack of discipline among them. Plan and discipline are an important part of trading.
Yes discipline is the most important thing in trading after a good trading strategy. There are many good analyst who are doing bad due to lack of discipline. It's hard to be discipline where market is moving all the time.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.