METHOD OR DISCIPLINE?

Oct 24, 2021 at 08:20
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32 Replies
Участник с Oct 23, 2021   4 комментариев
Oct 24, 2021 at 08:20
I would like to start a discussion on whether Method or Discipline is more important in this market?

There are people who think that the right method will make you rich very quickly, but there are people who think that the method only accounts for 10% of your success, if you want to be the ultimate winner, you must be a man keep rule.

What is your opinion?
Участник с Mar 15, 2019   82 комментариев
Oct 25, 2021 at 00:18
Agreed, you need both... Two legs are better than one
All or nothing
Участник с May 27, 2021   57 комментариев
Oct 25, 2021 at 06:14
According to me, both go hand in hand, discipline helps a trader to stay focused and proper method helps in implementing the trades in the right manner.
Участник с Oct 25, 2021   6 комментариев
Oct 25, 2021 at 07:11
Both, like we need to eyes to make depth judgement in the same way we need method with discipline to make a clear analysis.
Участник с Dec 23, 2019   21 комментариев
Oct 27, 2021 at 10:04
I'm always convinced that discipline plays major role in terms of forex trading, because due to discipline you have an opportunity to reach success. There is a certain correlation between methods and discipline. If you have discipline you will be able to create methods to reach success. So, as you can see discipline is on the first place here and it can be otherwise. Well, some traders believe that methods matter much more than discipline however I can't understand such traders, I'm sure thta discipline prevail over other things which can lead you to success actually. Nevertheless, everybody is individuality.
Участник с Sep 10, 2021   20 комментариев
Oct 28, 2021 at 07:19
As everybody said, both are important, i also believe the same.
Участник с Apr 09, 2019   538 комментариев
Oct 28, 2021 at 10:13
Both important but a little chicken and egg. I would say you need a good method or strategy and then the discipline to stick to it. You could have discipline in sticking to a failing strategy and be very good and losing your money. Equally you need discipline to keep going in the face of adversity to find your strategy.
If you can't spot the liquidity then you are the liquidity.
Участник с Aug 05, 2021   401 комментариев
Oct 28, 2021 at 17:16
I think you need one for the other to work, which makes them equally important. If you have a good method but don't stick to it, you'll lose money. If you are a well-disciplined trader with no strategy, you'll also lose money.
Участник с Aug 10, 2021   178 комментариев
Oct 29, 2021 at 01:31
To succeed in forex, discipline is essential. First of all, we should increase our knowledge and experience in forex trading, so we can trade well. And hard work is also very important to achieve success in forex trading, so we should work more and more in the forex and in forex we should continue my hard work till we are successful and in forex we should trade with fresh and active mind and to achieve success in the forex it is very important that we should work with the patience in the forex.
Участник с Feb 20, 2021   53 комментариев
Oct 29, 2021 at 04:29
Method and discipline are related concepts in the trading world. A method is best viewed as a set of guidelines that you can follow to make decisions about when and how to trade. Discipline is a trait that you need to help you follow your method consistently, and thereby grow a profitable trading business over the long term.
Участник с Feb 12, 2019   105 комментариев
Oct 31, 2021 at 23:46
Bith are equally as important. As discipline is required even when you have a method with an edge you need to weather a loosing streak
Участник с Jun 17, 2021   46 комментариев
Nov 01, 2021 at 04:26
Method and discipline both are essential elements of trading. Without method, discipline will be unsuccessful, and without discipline, the method will also fail. It is important to know that both are different elements, but they can work together for the best results.
Участник с Jun 19, 2020   38 комментариев
Nov 02, 2021 at 03:53
I would say follow the methods with discipline. Trading is all about patience, discipline, and focus, so when you are planning a strategy and creating some methods, follow them with discipline.
Участник с Jul 19, 2020   751 комментариев
Nov 04, 2021 at 07:27
Without discipline it's not possible to get success in forex trading. Only trading method or strategy is not enough for successful trading.
Участник с Mar 28, 2021   617 комментариев
Nov 04, 2021 at 12:27
Both method and discipline is important. First we need a good method then we need discipline to get success. Only method or discipline alone is not enough.
Участник с Jun 14, 2021   53 комментариев
Nov 09, 2021 at 05:17
A perfect method and discipline are required when trading in the financial markets, especially when it comes to Forex trading. Any small mistake can result in significant losses or missed opportunities.
Участник с Mar 24, 2020   98 комментариев
Dec 04, 2021 at 22:56
Discipline matters more on the market, however traders shouldn't underestimate the affection of methods on their trading activity. Of course, discipline is the foundation of any kind of trading system/strategy. If you have no discipline then perhaps you won't be succeeded in trading. The vast majority of traders prohibits this discipline and it leads to unpleasant consequences. In my opinion, if traders want to be successful then they have to learn how to comply with discipline. Only then they can think about methods.


This Guy is definitely spot on.

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Not Specified
Участник с Dec 09, 2013   139 комментариев
Dec 05, 2021 at 07:11
Kevin1628 posted:
I would like to start a discussion on whether Method or Discipline is more important in this market?

There are people who think that the right method will make you rich very quickly, but there are people who think that the method only accounts for 10% of your success, if you want to be the ultimate winner, you must be a man keep rule.

What is your opinion?
We need both to be a successful trader. Method is something, which relates to strategy. Traders may find a number of good strategies. All of them may be used to make money. However, a trader may not be able to make money by using those strategies if he is not disciplined. Discipline is needed. A good strategy without discipline is nothing.
Участник с Jul 19, 2020   751 комментариев
Dec 05, 2021 at 17:12
Both methods and discipline are important. They are interrelated. You need both to be successful to Forex trading. Without a good strategy and discipline, it's not possible to make money.
Участник с Jul 23, 2020   759 комментариев
Dec 07, 2021 at 22:14
Discipline is a key to a trader’s success in forex.
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