May 21 2020 at 11:03
Patient is the mother of all successful trades, I can very well assure and testify to that.
Market Direction
I partly agree with you. Yes, being patient is very important in trading, but not the most important thing. It seems to me that in addition to patience, there must be discipline. Because it's hard to achieve one without another. If you're disciplined, it's easier for you to keep it together. And on the contrary, if you're patient, it is easier to achieve disciplined trading.
May 24 2020 at 03:59
Patience very often helps the trader not make stupid mistakes
May 24 2020 at 07:24
If you learn not to rush and not make sudden movements, then really the result will not be long in coming.
Im no where near an expert or knowledgable but understanding patience and consistency was the moment I finally started to turn a profit.
The main issue is trading is emotional and a lot of people invest too much exposing themselves. I found in the recent crypto boom a lot are getting into the markets on credit cards and debt, this is making it incredibly stressful for them.
I was very similar back in 2014, which at the time was stupid as hell. Now I'm in the clear and have no burden in the background with profits taken out. The rest in there I don't want to lose but I just see it as pure free money - understanding this helps me emotionally detach from it.
Paper trade, find your system - what works for you
Start slow when moving into real finances
Scale it up when numbers are in your favor.
PATIENCE AND CONSISTENCY.
The main issue is trading is emotional and a lot of people invest too much exposing themselves. I found in the recent crypto boom a lot are getting into the markets on credit cards and debt, this is making it incredibly stressful for them.
I was very similar back in 2014, which at the time was stupid as hell. Now I'm in the clear and have no burden in the background with profits taken out. The rest in there I don't want to lose but I just see it as pure free money - understanding this helps me emotionally detach from it.
Paper trade, find your system - what works for you
Start slow when moving into real finances
Scale it up when numbers are in your favor.
PATIENCE AND CONSISTENCY.
May 25 2020 at 19:26
If you want to be great trader, be patient
Market Direction
TraderProHungary posted:
Patient is the mother of all successful trades, I can very well assure and testify to that.
True. If we learn to be patient , we overcome one of the biggest challenges of trading.
May 26 2020 at 17:07
jonny99 posted:TraderProHungary posted:
Patient is the mother of all successful trades, I can very well assure and testify to that.
True. If we learn to be patient , we overcome one of the biggest challenges of trading.
Yes, my greatest tools of success have been patient
Market Direction
Stonesong posted:
Patience very often helps the trader not make stupid mistakes
Yeah. It prevents you from making wrong decisions.
May 29 2020 at 21:04
Want to be a great trader then be patient
Market Direction
