ElliotCooke posted:
Making money from this market is not so easy. You need to be disciplined enough to make a profit from this risky market.
Totally. Being disciplined is what helps a trader maintain his calm and make rational decisions.
Being disciplined is the most important characteristic for any kind of success
There should be discipline in everything - in training, in trading, and in developing your strategy.
Duktilar posted:
There should be discipline in everything - in training, in trading, and in developing your strategy.
Easy to do in the short term. Difficult in the long term, especially if you are not making profit.
Nov 12 2020 at 18:10
If you want to become a good trader in this forex market, you have to be disciplined in your trading.
Demo account generally is more appropriate to ensure the basic fundamental market experience which is very supportive to continue a live account in a proper way , but not appropriate to make sure brokers performance but shortly you can understand how the broker works.
Right, Being disciplined is what helps a trader trade with more accuracy, patience and logic.
Be a long distance runner and not a sprinter, that's what i can say to develop discipline in trading.
Discipline is a must for every trader, be it a beginner of an experienced trader. No matter how good your plan is, but if you're not able to execute it properly, then there's no fun. And discipline is what helps you do good execution while trading. Staying calm and not letting any stress and panic affect you is very important.
I would say being disciplined is one of the most important steps of being successful in forex.
If you can't maintain discipline, you can never succeed in trading. To be successful, you must maintain discipline.
Nov 26 2020 at 05:01
When you are disciplined, you are calm and make better decisions. Decisions that are made in haste never work.
Forex is the platform where you can earn a big amount of money. But to earn money you need to have proper knowledge and experience. Otherwise, you will lose all your money in this market.
AliaDare posted:Yes. True. If you can maintain the discipline, it will become easy to be a successful trader in this market.
If you can't maintain discipline, you can never succeed in trading. To be successful, you must maintain discipline.
Mar 30 2021 at 11:57
Tremblay posted:Smart and wise traders always enter with just 2% of the capital without risking more than that. Even though it’s a conservative approach, it does limit the risk.
Forex is the platform where you can earn a big amount of money. But to earn money you need to have proper knowledge and experience. Otherwise, you will lose all your money in this market.
RobSchiz posted:Thank you so much for agreeing with me. When I was a new trader, I used to create trading formulas without maintaining discipline. Which made me lose a lot in trading. But since I started trading according to discipline and plan, I have been able to make consistent profit from Forex.AliaDare posted:Yes. True. If you can maintain the discipline, it will become easy to be a successful trader in this market.
If you can't maintain discipline, you can never succeed in trading. To be successful, you must maintain discipline.
Mar 31 2021 at 05:49
Willemcurtis posted:hat’s the catch. Brokers will always come up with enticing high leverage along with crazy margin levels. But that doesn’t mean you should dive right in with your money at stake.Tremblay posted:Smart and wise traders always enter with just 2% of the capital without risking more than that. Even though it’s a conservative approach, it does limit the risk.
Forex is the platform where you can earn a big amount of money. But to earn money you need to have proper knowledge and experience. Otherwise, you will lose all your money in this market.
Mar 31 2021 at 11:36
Carrysimonds posted:That’s when I realized to use the position size calculator when trading. At least you would know what’s the position size for each trade and that too within a few clicks.Willemcurtis posted:hat’s the catch. Brokers will always come up with enticing high leverage along with crazy margin levels. But that doesn’t mean you should dive right in with your money at stake.Tremblay posted:Smart and wise traders always enter with just 2% of the capital without risking more than that. Even though it’s a conservative approach, it does limit the risk.
Forex is the platform where you can earn a big amount of money. But to earn money you need to have proper knowledge and experience. Otherwise, you will lose all your money in this market.
Mar 31 2021 at 13:28
Harshalmark09 posted:You are 100% right. I completely agree with you.
When you are disciplined, you are calm and make better decisions. Decisions that are made in haste never work.
