Discipline VS Money management VS Strategy.

[faysal.nitu]

i think discipline is everywhere . if we prefer discipline than money management and better strategy things are always be useful for us.

thank you

[malic]

You should not have any preference in the three of them, instead you should try and possess the ability to use the three of them in a combination manner and they will help you to take the best trading decisions.

g han bhi ap ny theak kaha hy mari ye soch hy k ap jab b trade karo to soch samj kar apny demaaag ko thanda rakh kar jab market ki samj a jye us waqt trade laga do phr ao ko profit hoga

[sonyole]

In forex trading, discipline, money management and trading strategies are inseparable and interconnected. Discipline is an implementation adherence to money management and trading strategies that have been defined. Without discipline against MM and trading strategies, it is difficult to be a successful trader, because the transaction will fall apart and susceptible to margin call.

[dennyandre]

when winning or losing, but the trading rule has not provided a signal to exit. Indeed, sometimes instinct sometimes true, but do not guarantee its sustainability in the long run. Instincts are always influenced by fear and greed, and it should be emphasized that fear and greed are the biggest enemy of a trader.The success in forex trading is the result of persistence, tenacity, perseverance, discipline, patience, calmness. Forex trading success is NOT a gift from greed and fear, not too sweet gift of a vanity. This is an opinion only

[kashifrehman]

I prefer Discipline from these three, its because even if you have good strategy and money management you cannot profit consistently without discipline. What do you say about this?

There is no need to compare these with each other. All are necessary for good trading adn taht only possible when we learn all well and then use them in coordinated efforts.

[Smith89]

discipline is very much needed in trading followed with determination and dedication...above all it becomes readily necessary to make good amount of profit and for that proper learning is needed

[shahriar99]

Discipline , money management and strategy all three are important for a trader . Discipline is to keep your trading in proper way . Strategy will always helps you to make money soyou should follow a good strategy , money management helps you to keep money in pocket . So trader must follow this three thing .

[ITECT901351]

I think those are important for the Forex success.If you do not be discipline and proper money management then you will not get success.Every successful trader has a great strategy and proper money management for being success in the Forex market.I think every trader should flow proper money management for success.

[prince2]

I think Forex is a good job.But Actually i am new trader in Forex market.So please teach me this subject.Thanks......

[rzza]

I prefer Discipline from these three, its because even if you have good strategy and money management you cannot profit consistently without discipline. What do you say about this?

i'm quite agree with you.
if we cannot control our-self, we might end up losing money in trading forex.
money management risk is something different that the traders need to know. it is the risk (amount) we ready to chip in whether to be in profit/loss.
i don't mind if i don't have any strategy. but if i discipline listen to my guider, it could help me earn some profit. unlike i don't have discipline, it will ruin my account without any pity on me.