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Trade discipline
Sep 25, 2020 at 08:18
Membro Desde Sep 24, 2020
17 posts
tts_markets posted:I agreed. but one question arize. why never trade after the targets have been reached??
In every business, there are a number of predefined factors, without which your destination will never be reached. This is also true for Forex. Trading time, the money to invest in, stop losses, take advantage, etc. are some important factors. Each item in the forecast must be analyzed on the basis of proper business discipline. Set your targets every day and never trade after the targets have been reached.
Oct 01, 2020 at 07:51
Membro Desde Sep 23, 2020
42 posts
Voss_y posted:Because over trading is harmful.tts_markets posted:I agreed. but one question arize. why never trade after the targets have been reached??
In every business, there are a number of predefined factors, without which your destination will never be reached. This is also true for Forex. Trading time, the money to invest in, stop losses, take advantage, etc. are some important factors. Each item in the forecast must be analyzed on the basis of proper business discipline. Set your targets every day and never trade after the targets have been reached.
Membro Desde Jun 26, 2020
327 posts
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Jun 01, 2021 at 09:47
Membro Desde May 31, 2021
35 posts
LukeRachel posted:Exactly, a disciplined trader is always able to make wise decisions.
Discipline is a very important point that cannot be traded without maintaining it. No matter how good a strategy I learn, if I can't maintain discipline, it will be difficult to make a profit.
Jun 01, 2021 at 16:46
Membro Desde Jul 19, 2020
788 posts
Gracewilson1995 posted:Made a very good post. From which traders will benefit a lot.
The 10 golden rules of forex trading
1. Avoid forex trading software that claims to guarantee returns
2. Always use a demo trading account
3. Forex trading can be highly stressful – avoid emotional trading
4. Invest in a solid forex education
5. You can learn to trade forex successfully
6. Manage your forex capital wisely
7. Manage your investment-per-trade wisely
8. Use common sense
9. Ensure you use risk protection strategies at all times
10. Be especially cautious about overextending yourself with leverage
Membro Desde Mar 16, 2021
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Jun 02, 2021 at 19:14
Membro Desde Mar 17, 2021
536 posts
MasterMove posted:Yes. You are right. both are equally important.doughnuts posted:I believe that both are equally important, only a disciplined trader will be able to follow a trading plan.
Even with disciple you can make a loss. Trading plan helps only if it is a good trading plan
Membro Desde Jul 23, 2020
759 posts
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