Discipline is very important in forex trading, if we trade without discipline, we can not enter the market at the right time, we can not execute our trading plan properly, that is to say, we can not keep our loss small and profit maximum.
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Discipline is very important in forex trading, if we trade without discipline, we can not enter the market at the right time, we can not execute our trading plan properly, that is to say, we can not keep our loss small and profit maximum.
I am agreed. But i am newbie in forex. i have great knowledge but tell me how to trade which you can say it is discipled trade. Can somebody tell me , who has great experience of forex market, that how he/she trade which would be considerd discipline trade.
When we say discipline trading it means just follow the rules strictly. Forex trading is the name of a business and for doing this business we need to follow some rules, if we follow these rules we are successful and if we don't follow these rules then we are losers. So discipline trading means just follow the trading rule sand don't violate any rule.
For example if you open many trades and open big lot size trades then you will soon get a margin call and I will say that you are not a discipline trader because you have violated the forex trading rule.
dicipline is best factor to make a good result in trading activities, we also need a good dicipline in system and also in trading activities, because price is not predict and will ove very fast, with dicipline and money managemnet will make a good result in trading activities, dicipline can aplicable in demo account
Discipline is very important in forex trading, if we trade without discipline, we can not enter the market at the right time, we can not execute our trading plan properly, that is to say, we can not keep our loss small and profit maximum.
discipline is very important.there is only the decision to follow your plan! you trade scalps or long-term swing trades, at both you have to make a decision at some point if the trade go against you. may at long-term trades you have a little more time for the decision. but don't think to much, follow your plan and everything is easy.
For getting a big profit discipline and patience is very necessary.........Discipline helps us for making a good planning and strategy which is very essential in forex trading.....
Ya its right we have to keep the discipline and so we can take a good profit.....with discipline we can manage all things.
Discipline is the very important and essential for the trading....we can improve the skill and make a very good money management. And so that we can make a big profit.
Rules of trading discipline ? well I think it should be like this following some criteria or making some own rules for own trading style , well I believe without a proper trading strategy and without a plan its impossible to make profit in Forex
patience and high discipline is good and it will be great if they are supported by high responsibility too
and it means that the traders should serious to learn and practice as well as they can and because when they get practice they will build their own strategies that suitable with their styles and what will happen if they just make a mistake as bad habit and it will be brought into real account?