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New and undisciplined traders
Medlem sedan Jul 19, 2020
751 inlägg
Jan 10, 2021 at 16:52
Medlem sedan Jul 19, 2020
751 inlägg
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.
Medlem sedan Jul 19, 2020
318 inlägg
Jan 10, 2021 at 19:43
Medlem sedan Jul 19, 2020
318 inlägg
Forex trading is not so difficult. If you have proper knowledge about the basics of forex you can easily make money from this market. If you don't have proper knowledge, you can learn all the basics of forex from a demo account.
Medlem sedan Sep 12, 2017
238 inlägg
Jan 15, 2021 at 07:01
Medlem sedan Sep 12, 2017
238 inlägg
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
Medlem sedan Jul 23, 2020
759 inlägg
Jan 16, 2021 at 17:59
Medlem sedan Jul 23, 2020
759 inlägg
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
Medlem sedan Jul 20, 2020
298 inlägg
Jan 17, 2021 at 01:46
Medlem sedan Jul 20, 2020
298 inlägg
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.
Medlem sedan Apr 15, 2020
219 inlägg
Jan 18, 2021 at 03:54
Medlem sedan Apr 15, 2020
219 inlägg
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.
Medlem sedan Jul 23, 2020
869 inlägg
Jan 18, 2021 at 17:33
Medlem sedan Jul 23, 2020
869 inlägg
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.
Medlem sedan Jul 20, 2020
399 inlägg
Feb 11, 2021 at 13:20
Medlem sedan Jul 20, 2020
399 inlägg
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
Feb 11, 2021 at 16:19
Medlem sedan Feb 14, 2019
11 inlägg
Higher time frames and focusing on exits rather than entries. That is where the money is
Medlem sedan Jul 20, 2020
298 inlägg
Feb 11, 2021 at 17:10
Medlem sedan Jul 20, 2020
298 inlägg
Newcomers usually can't control their emotions. That is why they cannot trade by maintaining discipline.
Feb 18, 2021 at 12:04
Medlem sedan Feb 04, 2021
31 inlägg
New comers are mostly impatient, they should realise that success in trading requires patience and consistent practice.
Mar 08, 2021 at 11:18
Medlem sedan Feb 04, 2021
31 inlägg
Beginners often come without any proper knowledge and consider Forex an easy way to make quick money, but little did they know that patience and knowledge are what makes trading much more effective.
Medlem sedan Jul 19, 2020
298 inlägg
Mar 08, 2021 at 11:31
Medlem sedan Jul 19, 2020
298 inlägg
Even many old traders are undisciplined. This is one of the major reasons many people are losing money for a long period of time. They take a break and again invest money and again lose it.
Medlem sedan Jan 22, 2021
125 inlägg
Mar 09, 2021 at 10:43
Medlem sedan Jan 22, 2021
125 inlägg
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.
Medlem sedan Jul 20, 2020
298 inlägg
Mar 09, 2021 at 14:50
Medlem sedan Jul 20, 2020
298 inlägg
If you do not maintain discipline while trading, you will never be satisfied with trading profit. So first you have to maintain discipline.
Mar 09, 2021 at 17:37
Medlem sedan Jul 31, 2009
29 inlägg
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!
Medlem sedan Jul 19, 2020
788 inlägg
Apr 30, 2021 at 17:35
Medlem sedan Jul 19, 2020
788 inlägg
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.
Medlem sedan Mar 28, 2021
617 inlägg
May 01, 2021 at 12:15
Medlem sedan Mar 28, 2021
617 inlägg
@AliaDare Yes you are right. To be successful in forex trading, discipline is very important. Discipline tells us when to trade and when to sit in the side bench. Every trader should work on their discipline.
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