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Discipline is the most basic thing
Členom od Jun 15, 2021
20 príspevkov
Aug 15, 2021 at 17:00
Členom od Jun 15, 2021
20 príspevkov
Forex trading demands a certain level of discipline. To develop discipline:
1 Set a clear-cut goal.
2 Direct your attention to what needs to be done.
3 After that, start monitoring your progress.
1 Set a clear-cut goal.
2 Direct your attention to what needs to be done.
3 After that, start monitoring your progress.
Členom od Mar 01, 2021
10 príspevkov
Oct 07, 2021 at 18:25
Členom od Mar 01, 2021
10 príspevkov
Discipline is a must for a trader who wants to be successful on the market. If emotions overtake common sense, you'll definetely lose even if you are very knowledgable and skillful.
Členom od Aug 21, 2021
60 príspevkov
Oct 08, 2021 at 12:06
Členom od Aug 21, 2021
60 príspevkov
Keuschur posted:
Discipline is a must for a trader who wants to be successful on the market. If emotions overtake common sense, you'll definetely lose even if you are very knowledgable and skillful.
I do think the same, discipline is the foremost and most important step to make your trading successful, without it no trader can get the desired results.
Členom od Mar 16, 2021
447 príspevkov
Oct 11, 2021 at 01:59
Členom od Mar 16, 2021
447 príspevkov
skihav posted:
I realized this the most when I started working with the demo account of the broker. I really appreciated all the advantages of the case when a trader pays attention to discipline.
A lot of coordination is needed. I have to be smart to do trading discipline and plan.
Členom od Jun 21, 2021
33 príspevkov
Oct 11, 2021 at 08:00
Členom od Jun 21, 2021
33 príspevkov
While trading forex, you will win some trades and you will lose on some trades but as long as you are disciplined enough to stick to your trading strategy and are not attached emotionally to your losses, you will tend to make more winning trades than losing trades.
Členom od Apr 09, 2019
516 príspevkov
Oct 11, 2021 at 14:23
Členom od Apr 09, 2019
516 príspevkov
A quote by a prominant Betfair trader called Peter Webb, which likely applies to all types of trading is - "If you trade with a random approach then you should expect random results". A structured and disciplined approach is the only way to make any headway in the markets.
If you can't spot the liquidity then you are the liquidity.
Členom od Jul 19, 2020
742 príspevkov
Oct 12, 2021 at 00:35
Členom od Jul 19, 2020
742 príspevkov
TroyTheTrader posted:
While trading forex, you will win some trades and you will lose on some trades but as long as you are disciplined enough to stick to your trading strategy and are not attached emotionally to your losses, you will tend to make more winning trades than losing trades.
Of course, every trader needs to maintain discipline. Trading cannot be done without discipline and plan.
Členom od Mar 17, 2021
494 príspevkov
Oct 12, 2021 at 06:32
Členom od Mar 17, 2021
494 príspevkov
AliaDare posted:TroyTheTrader posted:
While trading forex, you will win some trades and you will lose on some trades but as long as you are disciplined enough to stick to your trading strategy and are not attached emotionally to your losses, you will tend to make more winning trades than losing trades.
Of course, every trader needs to maintain discipline. Trading cannot be done without discipline and plan.
Without discipline, no trader can survive in this risky market.
Členom od Aug 07, 2020
71 príspevkov
Oct 12, 2021 at 07:09
Členom od Aug 07, 2020
71 príspevkov
It is much easier for a disciplined trader to control the situation and understand where there may be some mistake.
Členom od Jun 16, 2020
57 príspevkov
Oct 16, 2021 at 08:07
Členom od Jun 16, 2020
57 príspevkov
Yes, discipline is the most basic thing to consider when you are in forex trading. It’s important to be able to stick to a trading plan and that needs discipline.

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