New and undisciplined traders
Medlem sedan Jul 19, 2020
788 inlägg
May 01, 2021 at 16:25
Akasuki posted:Thank you very much. To support me. Maintaining discipline is very important for successful trading.
@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.
Medlem sedan Oct 23, 2013
4 inlägg
May 02, 2021 at 03:45
Risk management
Medlem sedan Mar 17, 2021
536 inlägg
May 21, 2021 at 17:45
AliaDare posted:Discipline is the most important thing in the forex market.Akasuki posted:Thank you very much. To support me. Maintaining discipline is very important for successful trading.
@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.
Medlem sedan Sep 12, 2017
238 inlägg
May 24, 2021 at 17:22
a trader can trade anytime he want during the weekend but one has to set his own time and strategy
Medlem sedan Jan 22, 2021
125 inlägg
May 27, 2021 at 15:24
(redigerad May 27, 2021 at 15:25)
Better to trade with those forex brokers who are regulated by good regulatory body. Trading with regulated forex broker brings some amount of peace in mind regarding safety of funds.
Medlem sedan Sep 07, 2020
63 inlägg
Jun 02, 2021 at 17:16
WaltonCharles posted:That's right. Regulated brokers ensure safety of funds as compared to unregulated ones.
Every new trader should choose a regulated broker from this market.
Medlem sedan May 27, 2021
64 inlägg
Jun 03, 2021 at 07:24
New traders should never ignore the following characteristics:
Patience - Don’t risk jumping into forex trading too early.
Persistence - Learning how to trade forex takes a lot of time.
Detached attitude - You cannot let emotions run your trades.
A hunger to learn - As a forex beginner, you should be more interested in learning than making money.
Know your limits - You need to know when to stop trading and take a break.
Patience - Don’t risk jumping into forex trading too early.
Persistence - Learning how to trade forex takes a lot of time.
Detached attitude - You cannot let emotions run your trades.
A hunger to learn - As a forex beginner, you should be more interested in learning than making money.
Know your limits - You need to know when to stop trading and take a break.
Medlem sedan May 31, 2021
35 inlägg
Jun 03, 2021 at 12:42
Alexthetrader posted:
New traders should never ignore the following characteristics:
Patience - Don’t risk jumping into forex trading too early.
Persistence - Learning how to trade forex takes a lot of time.
Detached attitude - You cannot let emotions run your trades.
A hunger to learn - As a forex beginner, you should be more interested in learning than making money.
Know your limits - You need to know when to stop trading and take a break.
That's very important factors which you have talked about. A trader should also maintain a trading journal in order to get to know how well his trading is going.
Medlem sedan Mar 28, 2021
617 inlägg
Jun 05, 2021 at 06:59
Number one biggest mistake new trade commits is they treat forex trading as a money machine. Open trade and make profit. They think it is the easiest job in the world. But in reality you need profound understanding of the market. My advice to new trader is gain necessary knowledge and skills.
Medlem sedan Sep 12, 2017
238 inlägg
Jun 25, 2021 at 12:39
not all are undisciplined. there are few who are wiling to take risks to learn.
Medlem sedan Mar 17, 2021
536 inlägg
Dec 29, 2021 at 05:40
Ariest posted:Yes. Discipline makes a trader successful in this market.
Beginners and those who have given little time to their discipline very often make mistakes that have a detrimental effect on income.
Jan 07, 2022 at 19:02
There can be lots of mistakes in the very approach to trading of the beginner. I do totally agree with the statement that high expectations may ruin your budget quite easily and fast. That is why before coming to forex everyone should understand that they need to work really hard to achieve success, otherwise, they will definetely and inevitably fail.
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