Discipline and Forex Trading

Apr 28, 2020 at 04:06
2,152 Görüntüleme
46 Replies
Apr 25, 2020 zamanından beri üye   119 iletiler
Jul 25, 2020 at 07:37
Discipline develops over time and then you can already see its effect
Aug 27, 2017 zamanından beri üye   994 iletiler
Jul 25, 2020 at 20:07
Demo is the most decent way of learning Forex trading, but I also use back testing feature of Mt4 trading platform. Yes, no doubt demo is useful, but it’s a slow process! Besides, back testing is quick process! I used back testing after practicing my demo for 5 months.
Jul 19, 2020 zamanından beri üye   751 iletiler
Aug 20, 2020 at 09:43
Discipline is the key for successful trading. A trader needs to be discipline to be successful. There are many traders who are a good analyst but a bad trader because they are not discipline. Every trader should read the book The Discipline Traders by Mark Douglas.
Jul 23, 2020 zamanından beri üye   759 iletiler
Oct 09, 2020 at 00:37
Adribaasmet posted:
Demo is the most decent way of learning Forex trading, but I also use back testing feature of Mt4 trading platform. Yes, no doubt demo is useful, but it’s a slow process! Besides, back testing is quick process! I used back testing after practicing my demo for 5 months.
Demo account is best for learning. however, you can learn how to deal with emotion in demo account.
Jul 19, 2020 zamanından beri üye   298 iletiler
Oct 09, 2020 at 12:07
Discipline is the most needed quality for successful trading. Without discipline consistent profit is not possible. Many good analysts fail to make regular money due to lack of discipline.
Jul 19, 2020 zamanından beri üye   788 iletiler
Oct 15, 2020 at 22:53
Without discipline in trading, it is not possible to make a profit. Discipline should be maintained for every trade. Successful traders do not trade without discipline. Many traders patiently maintain a lot of discipline and they will one day succeed in trading.
Jul 17, 2020 zamanından beri üye   42 iletiler
Oct 19, 2020 at 11:04
Do not believe in people who say trading is like gambling, the truth is far from that. I have disciplined myself in the last 2 years and seen a sea change in my win ratio. I can tell you without discipline you can forget about profits in trading.
Dec 28, 2020 zamanından beri üye   187 iletiler
Apr 30, 2021 at 10:17
Discipline is one of the most important traits, a trader should maintain. Discipline makes you confident and helps to achieve your goals.
Jul 23, 2020 zamanından beri üye   869 iletiler
Apr 30, 2021 at 17:18
blandpatsyy posted:
Do not believe in people who say trading is like gambling, the truth is far from that. I have disciplined myself in the last 2 years and seen a sea change in my win ratio. I can tell you without discipline you can forget about profits in trading.
I completely agree with you. It is essential to make a consistent profit and to do that, traders must require discipline.
Jul 19, 2020 zamanından beri üye   788 iletiler
Apr 30, 2021 at 17:40
blandpatsyy posted:
Do not believe in people who say trading is like gambling, the truth is far from that. I have disciplined myself in the last 2 years and seen a sea change in my win ratio. I can tell you without discipline you can forget about profits in trading.
There were many good posts. It was my failure when I did not maintain discipline and did not trade. The ratio of profitability was much lower. But since I became a disciplined trader, my trading results have changed.
Aug 27, 2017 zamanından beri üye   994 iletiler
May 01, 2021 at 09:40
in order to me , its more appropriate for you to finish the pre school level including demo account or micro for practicing.
Mar 28, 2021 zamanından beri üye   617 iletiler
May 01, 2021 at 11:20
Discipline is the most important thing in trading. Every successful trader has this quality. If you are not discipline you will make a lot of unnecessary trades. That's why discipline is important.
Aug 11, 2017 zamanından beri üye   886 iletiler
May 02, 2021 at 08:30
as discipline practice is important and for that demo is a good choice , but i dont like this, i always try to maintain live account with minor balance . its supportive to acquire live knowledge and experience.
Sep 14, 2021 zamanından beri üye   10 iletiler
Sep 15, 2021 at 10:32
Would love to know what are some of your methods way to stay disciplined for trading.
Sep 15, 2021 zamanından beri üye   9 iletiler
Sep 15, 2021 at 10:36
ohmaria posted:
Would love to know what are some of your methods way to stay disciplined for trading.

1. Write a trading plan
2. Stick to it
Aug 05, 2021 zamanından beri üye   401 iletiler
Sep 20, 2021 at 14:25
Discipline and patience are two key traits that I think all successful traders must have.
Apr 27, 2021 zamanından beri üye   13 iletiler
Sep 21, 2021 at 21:04
Discipline is very important. Even if you have necessary skills and knowledge, they are nothing if you are not disciplined.
Aug 10, 2021 zamanından beri üye   178 iletiler
Sep 22, 2021 at 01:11
Disciplined traders are mature traders and mature trading means confidence through knowledge and skill. Forex is losses, but your confidence can give you a competitive edge. You can protect your account through money management and risk management, and your learning will make you a more measured trader.
Mar 13, 2021 zamanından beri üye   6 iletiler
Sep 25, 2021 at 16:09
Discipline is the key to success in forex market, but it is very hard to reach. There are so many temtations and emotions during trading, and a trader should pull themselves together in order not to let emotions interfere in decision making process. It is an open secret that emotions lead to the loss of the budget. So, in order to avoid this negative situation, you've got to be disciplined.
Feb 20, 2021 zamanından beri üye   78 iletiler
Sep 27, 2021 at 08:19

Traders need to be more vigilant and disciplined because without these they won't be able to assess the market, and strategize their trading plans accordingly.
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