View Full Version : Discipline of mind is the key to successful operation.
biouscope
2011-09-29, 06:07 PM
Can become a successful investor or large traders, the market will follow you into action, breathing pulse, even leading the market direction." This is some of the investor's "dream." In fact, the idea is wrong.
To be a successful investor or operator instead, must be strictly laid down their own "discipline" rather than be with nature. As the military demands of a regular daily routine. Although compliance is difficult, very hard, because it is a little more or less against the humanity. But I more than 10 years in the trading room to see the success of investors, large fund managers, such as the U.S. champion manipulator of people Mading Shu, Mr. Edwards, who are both strict discipline of the people trading investments.
So in the end to observe the things which only comply with the "discipline" standard?
Is very simple, all transactions over the preceding mention of the principles, such as:
1, since the transaction set a clear plan;
2, strict implementation of stop loss, stop interest alone;
3, the admission should be admitted according to the signal;
4, phased capital investment, followed by the establishment of the position, not desperate;
5, not with sex but is that with the emotions into the appearance;
6, no pre-trade drinking, overdraft physical and lifestyle to be a regular;
7, examine and reflect on each transaction, to develop a discussion and make trade journal.
Mr. Tukul
2011-09-29, 07:09 PM
at the beginning of my trading, I often break the rules that I make ...
even up to a year I still often do it ... so I have much to lose ...
but now I realize, if I still do that I would never succeed in forex ...
newentry
2011-09-29, 08:16 PM
Can become a successful investor or large traders, the market will follow you into action, breathing pulse, even leading the market direction." This is some of the investor's "dream." In fact, the idea is wrong.
To be a successful investor or operator instead, must be strictly laid down their own "discipline" rather than be with nature. As the military demands of a regular daily routine. Although compliance is difficult, very hard, because it is a little more or less against the humanity. But I more than 10 years in the trading room to see the success of investors, large fund managers, such as the U.S. champion manipulator of people Mading Shu, Mr. Edwards, who are both strict discipline of the people trading investments.
So in the end to observe the things which only comply with the "discipline" standard?
Is very simple, all transactions over the preceding mention of the principles, such as:
1, since the transaction set a clear plan;
2, strict implementation of stop loss, stop interest alone;
3, the admission should be admitted according to the signal;
4, phased capital investment, followed by the establishment of the position, not desperate;
5, not with sex but is that with the emotions into the appearance;
6, no pre-trade drinking, overdraft physical and lifestyle to be a regular;
7, examine and reflect on each transaction, to develop a discussion and make trade journal.
may i add one, try to keep our mindset at a good position ( good mood ) this thinks gave big impact when we made some orders, analysis or decision in trading, so keep fresh mind is the key
realfun07
2011-09-29, 11:53 PM
One has to have a calm , patient and disciplined approach in trading and has to lay down certain do's and dont's while trading.Only a trader with proper discipline can achieve success in this trade which includes stop loss , take profits and proper entry and exit levels.
princeali
2011-09-30, 11:51 PM
what ever we make the plan we must do follow it with discipline and not to break it . then only we can have success in the forex market . if mind is not at all keeping that words so better try the demo for more period and then start the live account if you once loss the confidence on you its so hard to get back in you :) so keep discipline in trading :)
miracle
2011-10-01, 07:21 AM
i have same believe that discipline is the main key for trader to success. discipline applying money management and the strategy that we already make. and bye bye to margin call.
Jazpa
2011-10-01, 09:18 AM
One has to have a calm , patient and disciplined approach in trading and has to lay down certain do's and dont's while trading.Only a trader with proper discipline can achieve success in this trade which includes stop loss , take profits and proper entry and exit levels.
I agree that traders must follow certain protocols. They need to be disciplined. Trading without rules will lead to trade without plans and good strategies which is not healthy to any traders. And keeping patience is also a very important factor that all the traders must develop in themselves.
aryan
2011-10-21, 01:41 PM
One has to have a calm , patient and disciplined approach in trading and has to lay down certain do's and dont's while trading.Only a trader with proper discipline can achieve success in this trade which includes stop loss , take profits and proper entry and exit levels.
lovefx
2011-10-21, 04:57 PM
yeah that's so true.
decipline of mind is an important thing to be a successful trader. controlling mind is essential to make consisting profit.
popatji
2011-10-24, 12:35 PM
he truth is that we never get rid of our emotion, the purpose, is just not to allow it to influence our trading.
That's why I like strategies that always honor the SL and TP levels as sacred. If I don't touch those settings I am at least sure that I am not letting my emotion play in the market too much.
bestlooser
2011-10-24, 07:29 PM
@ popatji
right we never really get rid of emotions I see my discpline some times really earn me good money and some times I just lose because of some bad and indiscipline moves. Finally I have come to this decision and conclusion just be patient and discipline then money will follow you. so do not be greedy.
yamibux
2011-10-24, 07:42 PM
Discipline of the mind is really the success of each process
Because the mind is the one who controls everything
That could attract the positive effects of a
And expels the negative effects it
zoomfire
2011-10-24, 07:57 PM
Discipline of the mind is really the success of each process
Because the mind is the one who controls everything
That could attract the positive effects of a
And expels the negative effects it
yes if we do disciplined trading our trades will be success.many traders set up very good trading plans ,but they fail to follow properly.thats why they end up in loss.
yamibux
2011-10-24, 08:01 PM
yes if we do disciplined trading our trades will be success.many traders set up very good trading plans ,but they fail to follow properly.thats why they end up in loss.
Loss occurs here, O my friend, because lack of experience
Even if they have sufficient experience and learning in the currency market to have succeeded will never face the loss
mayengbam
2011-10-27, 02:29 PM
Loss occurs here, O my friend, because lack of experience
Even if they have sufficient experience and learning in the currency market to have succeeded will never face the loss
agree but lack of experience is due to in consistency in learning or due to lack of discipline. So i would still say that discipline is very important to learn as well as to control our minds which will be reflected in our trades
agree but lack of experience is due to in consistency in learning or due to lack of discipline. So i would still say that discipline is very important to learn as well as to control our minds which will be reflected in our trades
Of course every body giving right views that discipline is very important in forex business trading as well as in any field. Indiscipline always give grave damage whether in forex business or any other business. If we study the history of the successful traders then we will find this key of success.
speedy
2011-10-27, 04:30 PM
agree but lack of experience is due to in consistency in learning or due to lack of discipline. So i would still say that discipline is very important to learn as well as to control our minds which will be reflected in our trades
You are right, lack of good experience may be due the in-disciplined behavior of a trader because if a trader is not taking care of discipline in his trades then he will not be successful and if he is not successful the ultimately he will not have any kind of success experience.
dmambi
2011-10-27, 06:09 PM
There are lot of things to consider during forex trading to be a successful trader. Discipline is one among them and almost all things are interconnected to each other. Discipline in executing the plan and strategy without the influence of emotions is the key to success here.
ali1011
2011-11-01, 11:20 AM
Yes of course , this is very important think that discipline of mind is the key of success because he can do every right positon open its very important for good trader.
Mr. Tukul
2011-11-01, 06:09 PM
Can become a successful investor or large traders, the market will follow you into action, breathing pulse, even leading the market direction." This is some of the investor's "dream." In fact, the idea is wrong.
To be a successful investor or operator instead, must be strictly laid down their own "discipline" rather than be with nature. As the military demands of a regular daily routine. Although compliance is difficult, very hard, because it is a little more or less against the humanity. But I more than 10 years in the trading room to see the success of investors, large fund managers, such as the U.S. champion manipulator of people Mading Shu, Mr. Edwards, who are both strict discipline of the people trading investments.
So in the end to observe the things which only comply with the "discipline" standard?
Is very simple, all transactions over the preceding mention of the principles, such as:
1, since the transaction set a clear plan;
2, strict implementation of stop loss, stop interest alone;
3, the admission should be admitted according to the signal;
4, phased capital investment, followed by the establishment of the position, not desperate;
5, not with sex but is that with the emotions into the appearance;
6, no pre-trade drinking, overdraft physical and lifestyle to be a regular;
7, examine and reflect on each transaction, to develop a discussion and make trade journal.
I've tried different ways to be disciplined ... but this is the hardest thing to do at the time of trading ...
but thanks to my efforts to obey all the rules that I created, gradually I can improve my discipline ...
for me...i follow my rules from starting of new months. i make my trading plan in the starting of months.
but at the end of month i always cross my rules..not due to my target not achived..my targets achived already...but due to my greed i alwaysgot loss at the end of month.
SG Trader
2011-11-01, 06:23 PM
I've tried different ways to be disciplined ... but this is the hardest thing to do at the time of trading ...
but thanks to my efforts to obey all the rules that I created, gradually I can improve my discipline ...
yes i also think is very difficult to be dicipiline in trades.
but if you always train or practice you will habit to discipline, so the key only practice and practice if you want to be better in this business.
sunil
2011-11-09, 11:59 PM
may i add one, try to keep our mindset at a good position ( good mood ) this thinks gave big impact when we made some orders, analysis or decision in trading, so keep fresh mind is the key
realfun07
2011-11-14, 09:51 PM
may i add one, try to keep our mindset at a good position ( good mood ) this thinks gave big impact when we made some orders, analysis or decision in trading, so keep fresh mind is the key
It is very important to be in a good mood to be able to perform better while trading.A trader needs to be disciplined , patient , relaxed , calm and composed and with a proper mindset to be able to do better in this market.
miracle
2011-11-15, 09:17 AM
It is very important to be in a good mood to be able to perform better while trading.A trader needs to be disciplined , patient , relaxed , calm and composed and with a proper mindset to be able to do better in this market.
that is really true, if we have all that think that you have the chance for us to success is bigger. it's not easy to reach perfect level of discipline. the more i read and trade the more i am sure that the only way to success in forex business is by discipline.
sanjeev
2011-11-17, 01:01 PM
फिर descipline विदेशी मुद्रा है कि सभी व्यापारियों के लिए विदेशी मुद्रा में सफल बनने के लिए पालन करना चाहिए में बहुत ही महत्वपूर्ण कारक है. यदि आप descipline के साथ व्यापार तो आप विदेशी मुद्रा में अच्छा लाभ कमा सकते हैं
weekager
2011-11-19, 11:10 AM
Can become a successful investor or large traders, the market will follow you into action, breathing pulse, even leading the market direction." This is some of the investor's "dream." In fact, the idea is wrong.
To be a successful investor or operator instead, must be strictly laid down their own "discipline" rather than be with nature. As the military demands of a regular daily routine. Although compliance is difficult, very hard, because it is a little more or less against the humanity. But I more than 10 years in the trading room to see the success of investors, large fund managers, such as the U.S. champion manipulator of people Mading Shu, Mr. Edwards, who are both strict discipline of the people trading investments.
So in the end to observe the things which only comply with the "discipline" standard?
Is very simple, all transactions over the preceding mention of the principles, such as:
1, since the transaction set a clear plan;
2, strict implementation of stop loss, stop interest alone;
3, the admission should be admitted according to the signal;
4, phased capital investment, followed by the establishment of the position, not desperate;
5, not with sex but is that with the emotions into the appearance;
6, no pre-trade drinking, overdraft physical and lifestyle to be a regular;
7, examine and reflect on each transaction, to develop a discussion and make trade journal.
woow very useful post for us waqai es ko parrh kar andaza howa ha k forex trading main discipline bahot zarori ha es k bagher app forex trading main kamyab nahi ho saktey
Jazpa
2011-11-22, 03:08 PM
Discipline plays and important role in making profits in forex and you have then you will become pro trader.Consistently all depend upon it and its must to make profits more.
I agree with you. We need to be disciplined. We will be able to think positively while maintaining discipline. We can not afford to trade haphazardly. We need to go by certain rules, certain protocols. This will help traders to become successful very soon. We need to respect laws of forex.
waqasma
2011-11-22, 03:41 PM
In Trading you can only get profit if you do your trade in a proper manner and in discipline because without discipline you are puzzled in your emotions and comes out with a loss which also makes your mind tired and you cannot carry out more trades properly.
tibasingh
2011-11-22, 04:19 PM
Can become a successful investor or large traders, the market will follow you into action, breathing pulse, even leading the market direction." This is some of the investor's "dream." In fact, the idea is wrong.
To be a successful investor or operator instead, must be strictly laid down their own "discipline" rather than be with nature. As the military demands of a regular daily routine. Although compliance is difficult, very hard, because it is a little more or less against the humanity. But I more than 10 years in the trading room to see the success of investors, large fund managers, such as the U.S. champion manipulator of people Mading Shu, Mr. Edwards, who are both strict discipline of the people trading investments.
So in the end to observe the things which only comply with the "discipline" standard?
Is very simple, all transactions over the preceding mention of the principles, such as:
1, since the transaction set a clear plan;
2, strict implementation of stop loss, stop interest alone;
3, the admission should be admitted according to the signal;
4, phased capital investment, followed by the establishment of the position, not desperate;
5, not with sex but is that with the emotions into the appearance;
6, no pre-trade drinking, overdraft physical and lifestyle to be a regular;
7, examine and reflect on each transaction, to develop a discussion and make trade journal.
hnn bat to app sahi kartey ho or app ki post waqai kafi achi ha or es ko study kar k kafi knowledge main izafa howa ha waqai ager app fx trading main deciplene qaim rakhain to profit app ka paka ha yeni k decipline in forex trading is the key of succes
SG Trader
2011-11-22, 05:22 PM
Discipline plays and important role in making profits in forex and you have then you will become pro trader.Consistently all depend upon it and its must to make profits more.
discipline is one of important key if we want to success in this business.
when you has done a good money management and risk management and also you have good psychology but you dont disipline in your trade, i think is really futile. so disilpine must do firstly before you start the other.
venkiaries61
2011-11-22, 05:33 PM
Yes, I agree with this thread. If we control ourselfs, then we may survive the market. This controlling is mainly to avoid greediness on trades. if we control ourselfs, then we may not overtrade. and also may avoid unnecessary loses.
bestlooser
2011-11-22, 07:01 PM
Discipline plays and important role in making profits in forex and you have then you will become pro trader.Consistently all depend upon it and its must to make profits more.
yes if you are really serious of saving your money from loss and you want to get profit then discipline is very important in forex like all other businesses and field. so without discipline then you will find it tough to get profit so I really set rules and I have to follow the rules anyway.
SG Trader
2011-11-24, 08:52 PM
discipline is the root to every successful strategy, without master it, there's no way a strategy could perform a maximum result. by the way, i'm bit confused about point 5. 'not with sex but is that with the emotions into the appearance', could you explain little bit more clearly.
even discipline is the important key if we want success in this business,
because with discipline we can bring a good rules. we can do well all of forex rules, like good money management and risk management and also we will trade more carefully and can control own self.
aryan
2011-11-25, 01:58 AM
One has to have a calm , patient and disciplined approach in trading and has to lay down certain do's and dont's while trading.Only a trader with proper discipline can achieve success in this trade which includes stop loss , take profits and proper entry and exit levels.
burayak
2011-11-25, 04:50 AM
learn discipline will be very difficult indeed, and lived because we will always get a constraint when it did, only the strong traders are able to control his emotions and who can perform well and this discipline requires regular exercise.
anubhavsingh
2011-11-29, 01:59 AM
One has to have a calm , patient and disciplined approach in trading and has to lay down certain do's and dont's while trading.Only a trader with proper discipline can achieve success in this trade which includes stop loss , take profits and proper entry and exit levels.
me aapki baat se bilkul sehmat hon
forex me shanti se trading karni chahiye aur jald bazi me koi bhi decision nahi lena chahiey aur na hi koi deal kholni chahaiye
forex me mind ka shant hona bahut zaruri hai warna trading aapke liye bahut hi nuksan dayak ho sakti hai
cumil
2011-11-29, 05:37 AM
learn discipline will be very difficult indeed, and lived because we will always get a constraint when it did, only the strong traders are able to control his emotions and who can perform well and this discipline requires regular exercise.
it's about your mental, if your mental well then you will do all things with discipline and if vice versa then you will trouble to apply the discipline so that it will take quite a long time because with passage of time the trader will know how important discipline.
dmambi
2011-11-29, 06:32 AM
Success does not come without discipline in Forex trading , so we need to follow the trading plan with good discipline only then we can reap the benefits of the good planning and the strategy adopted.
yogesh
2011-11-29, 08:43 AM
Success does not come without discipline in Forex trading , so we need to follow the trading plan with good discipline only then we can reap the benefits of the good planning and the strategy adopted.
I agree with the view expressed by you - discipline is most important for forex traders, those with rolling stone mentality hardly make any profit as they keep on changing their mind, though forex trading require that you stick to your strategy and act in a disciplined manner.
popatji
2011-12-10, 01:03 PM
right we never really get rid of emotions I see my discpline some times really earn me good money and some times I just lose because of some bad and indiscipline moves. Finally I have come to this decision and conclusion just be patient and discipline then money will follow you. so do not be greedy.
strong
2011-12-18, 11:48 PM
It's true that "Discipline of mind is the key to successful operation" so I always take care of following the rules strictly and try to maintain high standard of discipline in my trading. I suggest all the members of this forum that please try to avoid opening more number of lots (over trading) and avoid to open a big lot size.
anubhavsingh
2011-12-19, 02:37 AM
It's true that "Discipline of mind is the key to successful operation" so I always take care of following the rules strictly and try to maintain high standard of discipline in my trading. I suggest all the members of this forum that please try to avoid opening more number of lots (over trading) and avoid to open a big lot size.
jo trader descipline ke stah tarding karta hai..wo kabhi bhi galat decision nahi leta aur uske liye forex bahut faydemand sabit hota hai
descipline ka matlab hai ki ap forex ke rules ko follw karte hue trading kare aur stah hi sath apne banaye hue stratgy ko hi follow kare..aisa karne se aapke loss ke chances bahut kam ho ajyeneg aur profit ke zada
newentry
2011-12-19, 11:17 AM
Discipline is the most important thing true to Forex though the discipline dealing with the well may help you greatly in your dealings with Forex In everything you need
yes, and this is about the habit in daily life too, because the trader will bring their daily life to their trading and make it good or bad...if they have a good habit in their daily, so they will trade with good too...
besides we have a good strategies, it will be great if supported by high discipline and patience..and this is the mirror of mindset too
hetal
2011-12-21, 04:09 PM
what ever we make the plan we must do follow it with discipline and not to break it . then only we can have success in the forex market . if mind is not at all keeping that words so better try the demo for more period and then start the live account if you once loss the confidence on you its so hard to get back in you so keep discipline in trading
vikas
2011-12-21, 05:37 PM
woow very useful post for us waqai es ko parrh kar andaza howa ha k forex trading main discipline bahot zarori ha es k bagher app forex trading main kamyab nahi ho saktey
aniket
2011-12-21, 06:01 PM
hnn bat to app sahi kartey ho or app ki post waqai kafi achi ha or es ko study kar k kafi knowledge main izafa howa ha waqai ager app fx trading main deciplene qaim rakhain to profit app ka paka ha yeni k decipline in forex trading is the key of succes
vikas
2011-12-21, 08:25 PM
discipline is the root to every successful strategy, without master it, there's no way a strategy could perform a maximum result. by the way, i'm bit confused about point 5. 'not with sex but is that with the emotions into the appearance', could you explain little bit more clearly.
pankajbhaban
2011-12-22, 03:33 PM
If you can hold you can win ever trade believe it or not but real fact.
vikas
2011-12-22, 10:20 PM
that is really true, if we have all that think that you have the chance for us to success is bigger. it's not easy to reach perfect level of discipline. the more i read and trade the more i am sure that the only way to success in forex business is by discipline.
furiya
2011-12-25, 05:05 PM
may i add one, try to keep our mindset at a good position ( good mood ) this thinks gave big impact when we made some orders, analysis or decision in trading, so keep fresh mind is the key
jadhav
2011-12-26, 07:00 PM
Every trader has to have a calm, patient
and disciplined approach to
trading and has to lay down
certain rules while
trading. Only a trader with proper
discipline can achieve success in
trading. Stop
loss, take profits and proper
entry and exit levels should be strictly implemented.
yes if we do disciplined trading our trades will be success.many traders set up very good trading plans ,but they fail to follow properly.thats why they end up in loss.
bestlooser
2011-12-30, 10:06 PM
that is really true, if we have all that think that you have the chance for us to success is bigger. it's not easy to reach perfect level of discipline. the more i read and trade the more i am sure that the only way to success in forex business is by discipline.
definitely discipline is key for success every where, some time I lose discipline so I lose money too and I got better result by being disciplined and I would advise newbies just be disciplined and be patient and do not follow the emotions and make a plan and follow the plan and do not be confuse
aadrika
2011-12-31, 06:29 PM
Quite true, it is only when you are discipline that you will be able to achieve much. If you are not disciplined, you will take unnecessary risks and as such face unnecessary losses. It always pays to keep a disciplined mind.
muhammadatif
2012-01-01, 01:33 AM
yes discipline of mind is too much important in every business specially in forex trading it is key to success if you become a big trader you will control you mind and emotions if you cannot control your mind you will lose everything in this market.
sinjiku
2012-01-01, 05:15 AM
yes discipline of mind is too much important in every business specially in forex trading it is key to success if you become a big trader you will control you mind and emotions if you cannot control your mind you will lose everything in this market.
yes true, even we have to wait for the right moment to open the position of a pair, and we also have to wait dah cut losses cut profit so that when we cut profits or loss there will be no regrets from us by doing the action
kanwaljit
2012-01-01, 10:42 AM
yes true, even we have to wait for the right moment to open the position of a pair, and we also have to wait dah cut losses cut profit so that when we cut profits or loss there will be no regrets from us by doing the action
exactly and very rightly said, discipline of the mind for a good trade entry and an equally good exit is very important in deciding how much profits we manage to collect from a very volatile market like the forex market ; discipline is the key everywhere
atif58
2012-01-01, 11:02 AM
Great post
Mindset is very important for trading. For a disciplined trade a trader should have his own rules and do not break these rules. If he breaks his own rules then failure is his future. Some rules you mentioned and some of the replies to your posts are worth seen. Every newbies should follow them.
I want to add one more thing that a trader should have patience. Do not try to get every thing at once. Hold on and wait for a better and clear apportunity then your trade will be safe.
anubhavsingh
2012-01-01, 11:43 AM
Great post
Mindset is very important for trading. For a disciplined trade a trader should have his own rules and do not break these rules. If he breaks his own rules then failure is his future. Some rules you mentioned and some of the replies to your posts are worth seen. Every newbies should follow them.
I want to add one more thing that a trader should have patience. Do not try to get every thing at once. Hold on and wait for a better and clear apportunity then your trade will be safe.
me poori tarah is baat ko agree karta hon ki mind ka shant hona bahut zaruri hai forex me kyunki jaldbazi ya gusse me liye hue decision aapko bahut nuksan pahuncha sakte hai..forex me har tarder ko shant dimag se hi trading karni chahaiye..gusse me kiya hua trade aapke account ke liye thik nahi hoga...forex me har trader ko apne emotions ko zada se zada kaabu me rakhna chahaiye
kanwaljit
2012-01-01, 11:45 AM
Great post
Mindset is very important for trading. For a disciplined trade a trader should have his own rules and do not break these rules. If he breaks his own rules then failure is his future. Some rules you mentioned and some of the replies to your posts are worth seen. Every newbies should follow them.
I want to add one more thing that a trader should have patience. Do not try to get every thing at once. Hold on and wait for a better and clear apportunity then your trade will be safe.
yes, mindset is very important in trading and i do agree a disciplined trader should have his own rules and he should not break the rules he made for himself ; and yes patience is the key in forex as sometimes it takes a very long time for a good trade to ripen
dmambi
2012-01-01, 09:19 PM
breaking the rules is the worst time to trade and some time you need some good analysis in your tradings and i have seen in my tradings that whenever i break my rules then i have to lost the money too much.
It happens to many of us, we break rules set by ourselves and loose the money in trading, such kind of mistakes can be avoided by practicing and following disciplined approach in Money management, analysis etc.
blackprince4u
2012-01-01, 10:25 PM
Discipline is the must have thing for a trader. If he cannot follow any rules than he should go for gambling where no rules are used just make your bet randomly.
anubhavsingh
2012-01-01, 11:22 PM
Discipline is the must have thing for a trader. If he cannot follow any rules than he should go for gambling where no rules are used just make your bet randomly.
forex me discipline ka bahut abda role hota hai...discipline ka matlab hai ki aap apne rules aur strategies ko follow karte hue tarding kar rahe ho jo ki forex me bahut zaruri hota hai..har trader ko forex ke basics ko follow karna chahiye ..aur sath hi sath aoni banayi hui strategies ke hisab se hi tarding karni chahiye..forex bahut abda aur risky trading platform hai..isme lsos ke bahut zada chances hote hai
Mr. Tukul
2012-01-08, 03:50 PM
Discipline is the must have thing for a trader. If he cannot follow any rules than he should go for gambling where no rules are used just make your bet randomly.
forex rules that require that we must obey, because the rules were made to restrict us from feeling greedy and also Overtrading ...
if we do not discipline then it will always be our rule breaking, and breaking the rules could jeopardize our account ...
dmambi
2012-01-08, 05:17 PM
I believe discipline in executing the plan in our mind is more important to win in the trading. We all make different plans and chalk our different strategies , but fail to implement them resulting in loss. This can only be avoided by following our plan with good discipline.
manoj
2012-01-22, 03:22 PM
descipline means strictly following the rules in trading if your breaking the rule then you are breaking the descipline . as we know following rules are necessary in trading , similarly maintaining descipline trading is very important
kastur
2012-01-22, 04:33 PM
ya descipline is very crucial factor in the forex that all traders should follow to become successful in forex. If you trade with descipline then you can earn good profit in forex
HakunaRilious
2012-01-24, 04:40 AM
Discipline is the must have thing for a trader. If he cannot follow any rules than he should go for gambling where no rules are used just make your bet randomly.
Not only discipline but they need some extra sense in them to think whether to judge what is between wrong and right things before involving into forex.
anubhavsingh
2012-01-24, 07:07 AM
I believe discipline in executing the plan in our mind is more important to win in the trading. We all make different plans and chalk our different strategies , but fail to implement them resulting in loss. This can only be avoided by following our plan with good discipline.
forex me discipline of mind bahut zaruri hota hai kyunki minds se hi aap sare analysis karte ho, nayi strategies banate ho aur fir un strategies ko follow bhi karte ho
lekin agar apka mind hi shant nahi hoga to aapse lafi galtiya ho sakti hai jo ki aapke account ko margin call tak la sakti hai..isliye forex ko hamesha shant dimag se hi karna chahaiye
tajdarbet
2012-01-24, 08:19 AM
Can become a successful investor or large traders, the market will follow you into action, breathing pulse, even leading the market direction." This is some of the investor's "dream." In fact, the idea is wrong.
To be a successful investor or operator instead, must be strictly laid down their own "discipline" rather than be with nature. As the military demands of a regular daily routine. Although compliance is difficult, very hard, because it is a little more or less against the humanity. But I more than 10 years in the trading room to see the success of investors, large fund managers, such as the U.S. champion manipulator of people Mading Shu, Mr. Edwards, who are both strict discipline of the people trading investments.
So in the end to observe the things which only comply with the "discipline" standard?
Is very simple, all transactions over the preceding mention of the principles, such as:
1, since the transaction set a clear plan;
2, strict implementation of stop loss, stop interest alone;
3, the admission should be admitted according to the signal;
4, phased capital investment, followed by the establishment of the position, not desperate;
5, not with sex but is that with the emotions into the appearance;
6, no pre-trade drinking, overdraft physical and lifestyle to be a regular;
7, examine and reflect on each transaction, to develop a discussion and make trade journal.
app ki post parrh k kai knowledge main izafa howa ha thank you app ne itni usefl information hamraey sath share ki hane waqai he ek desipline mind he app ko kafi profit dila sakta ha kioun k forex trading ka main rule he desilpline he ha
adil.iub
2012-01-28, 04:04 PM
Yes planning is succes some traders just want to make profit everyday its very risky , witout loss any one cant make profit it should take a s normal and try to ma ke a plan about hiis profit and also make a taret of profit
kampung
2012-01-28, 05:46 PM
Really? Then that means two things: Either the money that you have invested in your live trading (if you have started trading live) is very small is not too important to you. Secondly, you might be trading with funds that was given to you free of charge without any requirement to repay.
exactly what you say may be the means to exercise in this business is not too expensive for many ways we can do the exercises in real trade in this business including the use of trading capital of the forum
anubhavsingh
2012-01-29, 02:07 AM
yes i also think is very difficult to be dicipiline in trades.
but if you always train or practice you will habit to discipline, so the key only practice and practice if you want to be better in this business.
forex me discipline rakhan bahut zaruri hota hai kyunki forex ek aisa trading platform hai jisme sirf wahi trader pasia kama sakte hai jo ki bahut hi soch smajh ke trading karet hai aur jitan ho sake safe trading laret hai..lekin agar aap forex ke rules ko follow nahi karte aur koi galti kar dete hai to aapko bahut loss ho sakta hai..isliye aapka mind apke control me hona bahut zaruri hai forex me
I completely agree I think discipline in trading is very important to be consistent in good trading, and can be successful in this business, so discipline is also in part a good key for success..
I completely agree discipline is the key to your success this forex business, and you should also be able to learn from your mistakes so that future trading could be better.
good luck.
yes you are right i gree with you all this point is good for making success in forex every trader have to take a look about all those point to gain the profit in forex market.
forexman
2012-02-02, 07:28 PM
i think you are write and having good discipline in trading we can have success and can generate good profits in tarding otherwise it is difficult to get success without having any precautions like putting stoploss and other things
nilesh
2012-02-04, 07:18 PM
hnn bat to app sahi kartey ho or app ki post waqai kafi achi ha or es ko study kar k kafi knowledge main izafa howa ha waqai ager app fx trading main deciplene qaim rakhain to profit app ka paka ha yeni k decipline in forex trading is the key of succes
nilesh
2012-02-05, 07:51 PM
learn discipline will be very difficult indeed, and lived because we will always get a constraint when it did, only the strong traders are able to control his emotions and who can perform well and this discipline requires regular exercise.
arihant
2012-02-06, 04:40 PM
Yes of course , this is very important think that discipline of mind is the key of success because he can do every right positon open its very important for good trader.
nilesh
2012-02-06, 07:03 PM
I want to add one more thing that a trader should have patience. Do not try to get every thing at once. Hold on and wait for a better and clear apportunity then your trade will be safe.
pooja
2012-02-08, 12:58 PM
Discipline of both mind and body is required while trading and a tired mind and body can not perform profitable trades so it is important for a trader to be relaxed , calm , composed and practice patience and discipline while trading for better results.
arihant
2012-02-11, 04:49 PM
yes if we do disciplined trading our trades will be success.many traders set up very good trading plans ,but they fail to follow properly.thats why they end up in loss.
nilesh
2012-02-11, 06:21 PM
Yes, I agree with this thread. If we control ourselfs, then we may survive the market. This controlling is mainly to avoid greediness on trades. if we control ourselfs, then we may not overtrade. and also may avoid unnecessary loses.
fxtenam
2012-02-15, 10:48 AM
i am completely agree with you , because without having those great virtue it is almost impossible to achieve success in forex trading.
i am so thankful to you for your such an amazing analysis in case of discipline.
sangam
2012-02-15, 08:34 PM
i am completely agree with you , because without having those great virtue it is almost impossible to achieve success in forex trading.
i am so thankful to you for your such an amazing analysis in case of discipline.
When we are a disciplined trader then only we are going to achieve a level of success which is ever lasting. This will also keep the account protected from the times when the drawdown occurs and when we are in the right trades we will get the profits how so ever time it may take.
ghaplex
2012-02-15, 08:49 PM
One has to have a calm , patient and disciplined approach in trading and has to lay down certain do's and dont's while trading.Only a trader with proper discipline can achieve success in this trade which includes stop loss , take profits and proper entry and exit levels.
yes, I agree with your opinion,patient and disciplined is the key to succes in forex, possess the psychology of a trader's role in forex trading, because someone's feelings can change a decision, while perhaps technically correct, but may change due to worry or fear, to have a good mental exercise necessary are serious.
xiaotanghao
2012-02-15, 10:43 PM
Thank you so much for you share your disciples here.I just wonder So many traders are talking about disciple in forex.How many of them are following their disciples?I think disciple can make it as smiple as it is.For me, I have a smiple disciple,not over trading.
yah right, discipline is the key to everything. it is time we changed from a trading perfunctory and less regularly, to trade in a disciplined and consistent. I now have started and already there is a change rather than the way that I apply in advance.
donofforex
2012-02-16, 04:54 PM
Can become a successful investor or large traders, the market will follow you into action, breathing pulse, even leading the market direction." This is some of the investor's "dream." In fact, the idea is wrong.
To be a successful investor or operator instead, must be strictly laid down their own "discipline" rather than be with nature. As the military demands of a regular daily routine. Although compliance is difficult, very hard, because it is a little more or less against the humanity. But I more than 10 years in the trading room to see the success of investors, large fund managers, such as the U.S. champion manipulator of people Mading Shu, Mr. Edwards, who are both strict discipline of the people trading investments.
So in the end to observe the things which only comply with the "discipline" standard?
Is very simple, all transactions over the preceding mention of the principles, such as:
1, since the transaction set a clear plan;
2, strict implementation of stop loss, stop interest alone;
3, the admission should be admitted according to the signal;
4, phased capital investment, followed by the establishment of the position, not desperate;
5, not with sex but is that with the emotions into the appearance;
6, no pre-trade drinking, overdraft physical and lifestyle to be a regular;
7, examine and reflect on each transaction, to develop a discussion and make trade journal.
han bilkul app ne sahi baat ki ha main bhi yahi manta houn k desipline he sab kuch ha kioun k desipline k bagher app koi bhi karobar sahi atran se nahi kar saktey ho or us main app ko loss he aye ga esi liye main to app ko yahi kahoun ga k app desiplne main reh kar he forex trading ko use karain or profit kamaiyen
ishvara
2012-02-16, 07:24 PM
Our minds must be disciplined in order for us to make good trading decisions in the forex trading field. I try to make sure that i develop my own discipline in order to make some improvements in my trading.
twinkling star
2012-02-16, 08:17 PM
Can become a successful investor or large traders, the market will follow you into action, breathing pulse, even leading the market direction." This is some of the investor's "dream." In fact, the idea is wrong.
To be a successful investor or operator instead, must be strictly laid down their own "discipline" rather than be with nature. As the military demands of a regular daily routine. Although compliance is difficult, very hard, because it is a little more or less against the humanity. But I more than 10 years in the trading room to see the success of investors, large fund managers, such as the U.S. champion manipulator of people Mading Shu, Mr. Edwards, who are both strict discipline of the people trading investments.
So in the end to observe the things which only comply with the "discipline" standard?
Is very simple, all transactions over the preceding mention of the principles, such as:
1, since the transaction set a clear plan;
2, strict implementation of stop loss, stop interest alone;
3, the admission should be admitted according to the signal;
4, phased capital investment, followed by the establishment of the position, not desperate;
5, not with sex but is that with the emotions into the appearance;
6, no pre-trade drinking, overdraft physical and lifestyle to be a regular;
7, examine and reflect on each transaction, to develop a discussion and make trade journal.
very good and informative post it is. you have very clearly defined all the terms for successful operation in trading, but it rather might be difficult to follow all these rules, as it does not depends on ours behaviour, means we cannot control aur behaviour
dmambi
2012-02-16, 09:39 PM
Disciplined thinking of our mind and holiastic approach towards the Forex trading market and profit making is really a quite interesting topic. Disciplined thinking in implementing the trading strategy and money management plays a vital role in trading to make money.
wolfkamikaz
2012-02-17, 09:00 AM
yes discipline is required in every success so I guess also requires discipline and you must have a plan then you can just change your plan by looking at market but it may not be good as if you have plan then work on it with discipline and do not worry about market just stick to your plan.
marunet
2012-02-17, 09:18 AM
Disciplined thinking of our mind and holiastic approach towards the Forex trading market and profit making is really a quite interesting topic. Disciplined thinking in implementing the trading strategy and money management plays a vital role in trading to make money.
I agree with your opinion, we must be disciplined with our strategy and management of the money we make, as this will make us successful in our trade, because no analysis has an accuracy of 100%, therefore we must combine our strategy with management money.
wazid201118
2012-02-17, 10:31 AM
At first i didn't obey the rules of trading though i knew them to be useful for my trading.Most of time i had lost my patience and never tried to trade carefully that is why i lost some profits on that time.But now i have become a sensitive trader and acquired some basic knowledge of trade.So i am earning a huge profit since now.I also keep my emotions in control.
gosians
2012-02-17, 12:24 PM
a man who work with rules only can achieve success in every field of the world and we can not earn profit in forex market with out rules .we should write rules on one page of the copy and we should follow them .if we can not follow then then we are loser trader.
We need to stick with our trading rules and don't break then in any condition. I sometimes use too much capital in only a single position and in result i bear loss, its just out of my rule to open position with big lot size but still i do and bear big losses.
panicky
2012-02-17, 05:29 PM
Discipline of mind is the key to Successful operation
Discipline in the trade is very necessary and even prosecuted for it.
Principles in a disciplined way of transaction you are very good. Maybe I'll use these principles. All problems can be resolved if the false principle this can be done and be applied to the trade.
dmambi
2012-02-17, 06:33 PM
We need to stick with our trading rules and don't break then in any condition. I sometimes use too much capital in only a single position and in result i bear loss, its just out of my rule to open position with big lot size but still i do and bear big losses.
It is due to the greed to make more money in a single trade by trading with higher lot order. And sometimes this also happens due to overconfidence in our analysis of the market. Whatever it may be we should always remember the money management rules and follow them with most discipline.
wolfkamikaz
2012-02-17, 08:07 PM
Discipline of mind is the key to Successful operation
Discipline in the trade is very necessary and even prosecuted for it.
Principles in a disciplined way of transaction you are very good. Maybe I'll use these principles. All problems can be resolved if the false principle this can be done and be applied to the trade.
yes bro the discipline of mind is the big secret for the profit more and more of trades daily losses because some of rush and that happening with me too and all my doing now is just training on discipline my mind to make minimal lost trades of my total trades percent
newentry
2012-02-17, 08:43 PM
agree, discipline will bring them to the best place and because when they trade with good discipline then they have already used the best strategies and also the best money management too and of course they will get the best result from their trading
and with discipline they can control the emotion with very well too
ishvara
2012-02-18, 01:09 AM
to succeed in all your opposition to the forex market, you must be desciplined and try to establish a good strategy and a Good Plan, and good money management calculation, you can eran a good profit ;);););)
Yes, i agree that combined with having a good trading discipline, we would also need to actually have good analysis, good trading skills and also very good MM to support our trades to get up to the success levels that we desire.
to succeed in all your opposition to the forex market, you must be desciplined and try to establish a good strategy and a Good Plan, and good money management calculation, you can eran a good profit ;);););)
yes, I agree with your opinion. if we want to be successful in trading forex trading then we must be disciplined in accordance with management and the strategy that we have set. as well as any plans that we make if we do not discipline it will not result in a maximum
vikas
2012-02-18, 06:24 PM
yes i also think is very difficult to be dicipiline in trades.
but if you always train or practice you will habit to discipline, so the key only practice and practice if you want to be better in this business.
lgarhboularbah
2012-02-19, 01:50 PM
i am agree with that i think that the discipline of the mind mean the success because when we are put a plan and respect them i guess that we will never lost even when we lose we re cover it after and make monet well i think that the great reason for the lostof the most of the trader is the risk and dont respect any plan
we have to open deal with small lot size and try to close the deal at the profit my friend told me if you make take profit 20 pip and the price go against you 50pip than change take profit to 50 pip
lgarhboularbah
2012-02-20, 08:47 PM
i have same believe that discipline is the main key for trader to success. discipline applying money management and the strategy that we already make. and bye bye to margin call.
yes you are right i am agree with the discipline mean the management and this mean no greedness because when you do the best management you will never risk and this take you to make money i think that this is the reason for the lose of the most traders "the greed"
riskfx2012
2012-02-20, 09:30 PM
I have attempted various ways to become disciplined ...
but this is actually the toughest factor to complete during the time of buying and selling ...
but because of my efforts to obey all of the rules which i produced, progressively I'm able to improve my discipline ...
fxquest
2012-02-21, 01:56 AM
Actually the discipline is the key factor which turns your trades to profit and some time if you do not have the good money management then your disciple lead you to stop the tradings other wise you will lose some more.
You are right discipline is most important in order to succeed in forex trading, you should have good strategy and follow rules while you trade with discipline. In fact i would say discipline is necesary in every other profession too.
cumil
2012-02-21, 03:44 AM
Actually the discipline is the key factor which turns your trades to profit and some time if you do not have the good money management then your disciple lead you to stop the tradings other wise you will lose some more.
because a discipline will shape the mindset of traders getting better so have a good personality, with a good personality then the trader has a wiser attitude and be responsible for accounts they manage,
That's the importance we do discipline in every our transaction .
realman
2012-02-21, 03:59 AM
Can become a successful investor or large traders, the market will follow you into action, breathing pulse, even leading the market direction." This is some of the investor's "dream." In fact, the idea is wrong.
To be a successful investor or operator instead, must be strictly laid down their own "discipline" rather than be with nature. As the military demands of a regular daily routine. Although compliance is difficult, very hard, because it is a little more or less against the humanity. But I more than 10 years in the trading room to see the success of investors, large fund managers, such as the U.S. champion manipulator of people Mading Shu, Mr. Edwards, who are both strict discipline of the people trading investments.
So in the end to observe the things which only comply with the "discipline" standard?
Is very simple, all transactions over the preceding mention of the principles, such as:
1, since the transaction set a clear plan;
2, strict implementation of stop loss, stop interest alone;
3, the admission should be admitted according to the signal;
4, phased capital investment, followed by the establishment of the position, not desperate;
5, not with sex but is that with the emotions into the appearance;
6, no pre-trade drinking, overdraft physical and lifestyle to be a regular;
7, examine and reflect on each transaction, to develop a discussion and make trade journal.
Without good student not possible to make me discipline. Good student means discipline. When we try to make something. We need to know because without leaning, why possible to apply. Must be need education. Then need practice for test the strategy. Then need modify and collect new plan. Everything come step by step. Who could achieve all step by step means who can fill all gap step by step , I strongly believe possible to make something good.
After all Discipline of mind is the key of success.
wolfkamikaz
2012-02-21, 05:22 AM
yes by the time you will learn and this is what will happen by the time and more time you spend in market you will get use to this market and you will find it easier and easier and this is exactly happening with me at least.
dmambi
2012-02-21, 05:26 AM
I have attempted various ways to become disciplined ...
but this is actually the toughest factor to complete during the time of buying and selling ...
but because of my efforts to obey all of the rules which i produced, progressively I'm able to improve my discipline ...
Discipline in our trading can not be brought overnight, it should be cultivated as a habit in all of our activities in life, only then we can able to bring it in our trading effectively. Maintaining discipline is the good habit in all our daily walks of the life as the same habit get reflected in trading also unknowingly.
raka999
2012-02-21, 10:31 AM
discipline is the key to success in trading. everyone knows it. but why in fact very hard to do? why do we still do not discipline? I personally still often violate the rule that I have created. it is very difficult to discipline.:(
kameeelforex
2012-02-21, 04:27 PM
Can become a successful investor or large traders, the market will follow you into action, breathing pulse, even leading the market direction." This is some of the investor's "dream." In fact, the idea is wrong.
To be a successful investor or operator instead, must be strictly laid down their own "discipline" rather than be with nature. As the military demands of a regular daily routine. Although compliance is difficult, very hard, because it is a little more or less against the humanity. But I more than 10 years in the trading room to see the success of investors, large fund managers, such as the U.S. champion manipulator of people Mading Shu, Mr. Edwards, who are both strict discipline of the people trading investments.
So in the end to observe the things which only comply with the "discipline" standard?
Is very simple, all transactions over the preceding mention of the principles, such as:
1, since the transaction set a clear plan;
2, strict implementation of stop loss, stop interest alone;
3, the admission should be admitted according to the signal;
4, phased capital investment, followed by the establishment of the position, not desperate;
5, not with sex but is that with the emotions into the appearance;
6, no pre-trade drinking, overdraft physical and lifestyle to be a regular;
7, examine and reflect on each transaction, to develop a discussion and make trade journal.
han ye baat ha k diseplinemind wal a traderheya han kamyab hotaha jkioun k main ne ye dekha ha k koi bhi business ho us main desipline ek main factor k tor par hota ha esi liye forextr ading main bhi desipline bhi kafi main factor k tor par liya jata ha or desipline mind he es main profitkamasakta ha
ropia
2012-02-21, 04:51 PM
not with sex but is that with the emotions into the appearance;
emotions are the biggest problem for forex trader forex trader alwayq use his emotions to control the order and for this problem better to make EA and let the robot trade for us.
forexbroker123
2012-02-22, 02:12 AM
Can become a successful investor or large traders, the market will follow you into action, breathing pulse, even leading the market direction." This is some of the investor's "dream." In fact, the idea is wrong.
To be a successful investor or operator instead, must be strictly laid down their own "discipline" rather than be with nature. As the military demands of a regular daily routine. Although compliance is difficult, very hard, because it is a little more or less against the humanity. But I more than 10 years in the trading room to see the success of investors, large fund managers, such as the U.S. champion manipulator of people Mading Shu, Mr. Edwards, who are both strict discipline of the people trading investments.
So in the end to observe the things which only comply with the "discipline" standard?
Is very simple, all transactions over the preceding mention of the principles, such as:
1, since the transaction set a clear plan;
2, strict implementation of stop loss, stop interest alone;
3, the admission should be admitted according to the signal;
4, phased capital investment, followed by the establishment of the position, not desperate;
5, not with sex but is that with the emotions into the appearance;
6, no pre-trade drinking, overdraft physical and lifestyle to be a regular;
7, examine and reflect on each transaction, to develop a discussion and make trade journal.
han bilkul app ki baat 100% thik ha ek disipline mind he acha profit kama sakta ha kioun k app ko apni trading mutaliq he koi plane nahi ho ga to phr app profit kese kamao ge main to yahi kahoun ga jab app koi disipline bana lete ho to app k target achive karne ki slahiat kafi ziyada ho jati ha
adahidayat
2012-02-22, 02:26 AM
in forex trading, discipline means to trade according to forex rules and with a good strategy....so it plays an important role to be a successful trader.....because if we follow discipline and our strategy, then we will be able to control our emotions and will not get greedy and will always make a good profit.....
TrojanFX
2012-02-22, 03:23 AM
To become a good trader one must be disciplined every day you are to trade and by so doing you will reap the reward though profitable trading. most traders forget the discipline aspect of trading rules and that is why so many fail some of the times in their trade. though it is not easy to discipline one's self but with constant practice.. one will become pro soon
oscar
2012-02-22, 06:12 AM
discipline and patience are important factors to be successful in this business ..
many forex traders who left the business because it is not capable of running a disciplined trading plan ..
they always break their plan because of a desire to become rich in one day in this business ..
ghaplex
2012-02-22, 06:27 AM
yes discipline is the key to success in all areas of activity including forex trading, successful traders are those who can be disciplined in running the trading rules they make, the discipline was not easy for beginners takes practice and commitment to run it.
dmambi
2012-02-22, 06:36 AM
Discipline of mind hume Forex trading me bahut hi help karta hai safe rehane ke liye aur jyda paisa kamaane ke liye. Bina Discipline agar hum trading karenge tho hum apana trading plan successfully follow nahi kar paate hai aur isase hum Forex ka trap me pass jaate hain.
Abdomhadi
2012-02-22, 06:44 AM
Yes Disipline is one of a lot of quality that should be in all of us, so if we work by using like this quality sure we will succes and i thnk that patience and the slef confident is also a part of what all of traders should have to have a good life so good way and so one.
ghaplex
2012-02-22, 06:45 AM
To become a good trader one must be disciplined every day you are to trade and by so doing you will reap the reward though profitable trading. most traders forget the discipline aspect of trading rules and that is why so many fail some of the times in their trade. though it is not easy to discipline one's self but with constant practice.. one will become pro soon
right dear, to become a professional trader we should have the right mindset as discipline in running the system, be patient in waiting for the right moment and do not easily carried away by emotions and do not be greedy in grabbing profits.
vikas
2012-02-22, 04:43 PM
फिर descipline विदेशी मुद्रा है कि सभी व्यापारियों के लिए विदेशी मुद्रा में सफल बनने के लिए पालन करना चाहिए में बहुत ही महत्वपूर्ण कारक है. यदि आप descipline के साथ व्यापार तो आप विदेशी मुद्रा में अच्छा लाभ कमा सकते हैं
TrojanFX
2012-02-22, 09:03 PM
Bad emotion like greed, fear and revenge can make our trading account get big loss. Need time and experience to be able to control this emotion. But a trader that can control its emotion I believe he can be a great trader. Because no matter how porfitable our trading system if we does not have good control in our emotion this trading strategy become useful.
Thakur
2012-02-22, 09:16 PM
If trader can discipline mind, it will help them very much in forex trading. But forex is not just about discipline of mind but also discipline of trading personality to develop with every improvement in the trading arena.
kalponick
2012-02-23, 02:09 AM
Nobody can succeed until he puts his pure dedication in this business.. One need pure discipline and concentration.. he needs to apply all these in his every trade.. never rush for anything.. never stop learning.. and never enter or exit in any trade without thinking long enough.. these are the main rules to follow in forex..
anubhavsingh
2012-02-23, 09:00 AM
Nobody can succeed until he puts his pure dedication in this business.. One need pure discipline and concentration.. he needs to apply all these in his every trade.. never rush for anything.. never stop learning.. and never enter or exit in any trade without thinking long enough.. these are the main rules to follow in forex..
aapne bilkul thik kaha..forex me bahut dedication aur hard work ki zarurat padti hai kyunki forex trading ko samjhne ke liye trader ko poora time dena padta hai
agar aap forex ko serious nahi karoge to aapke loss ke chances bahut zada ho jayenge aur aap kabhi bhi profit nahi kama paoge
TrojanFX
2012-02-23, 09:15 PM
Nobody can succeed until he puts his pure dedication in this business.. One need pure discipline and concentration.. he needs to apply all these in his every trade.. never rush for anything.. never stop learning.. and never enter or exit in any trade without thinking long enough.. these are the main rules to follow in forex..
discipline and concentration is two of the important key on our trading, if we do not discipline to wait until the signal our to enter the market, we must possible to got the loss, and if we do not discipline to trade using a good money management, we must possible to loss more money
maryosa
2012-02-23, 11:30 PM
discipline and concentration is two of the important key on our trading, if we do not discipline to wait until the signal our to enter the market, we must possible to got the loss, and if we do not discipline to trade using a good money management, we must possible to loss more money
True my friend. The ability of trader to concentrate on trading will help very much for him to trade. If not able to concentrate, then maybe will click buy instead of sell and it become mistake for the trader.
clickme
2012-02-24, 11:54 AM
To trade with good discipline is a very much good and reliable key to success in forex. as it is very sensitive business so your every single step can be proceed with a logical direction. Do not be aggressive just put your step with a strategy and pick little outcome to each trade.
TrojanFX
2012-02-24, 09:25 PM
To trade with good discipline is a very much good and reliable key to success in forex. as it is very sensitive business so your every single step can be proceed with a logical direction. Do not be aggressive just put your step with a strategy and pick little outcome to each trade.
yes.. discipline is the key in forex trading, to implement discipline in every time it is not easy, therefore we have to actually run it, although it does feel good to us, indeed we are hard at first but with always used every day then I'm sure will becomes a habit and we feel happy in the discipline every day.
sasmita11
2012-02-24, 10:01 PM
one has to have a calm , patient and disciplined approach in trading and has to lay down certain do"s and dont while trading ,only a trader with proper discipline can achive sucess in this trade which includes stop loss, take prfits and proper entry and exit levels.
examin
2012-02-25, 10:45 PM
a lot of trader wanna get the right EA that can make a great profit in forex and always, i do not think that there is this EA but there is EA that maximize the risk and the profit,some traders use profitable strategy with a big risk at the end he will lose and some one use unprofitable strategy with smal risk on capital and stil survive for a long time forex have know fixed key.
siddesh
2012-02-26, 03:22 PM
discipline is the root to every successful strategy, without master it, there's no way a strategy could perform a maximum result. by the way, i'm bit confused about point 5. 'not with sex but is that with the emotions into the appearance', could you explain little bit more clearly.
TrojanFX
2012-02-26, 05:46 PM
discipline is the root to every successful strategy, without master it, there's no way a strategy could perform a maximum result. by the way, i'm bit confused about point 5. 'not with sex but is that with the emotions into the appearance', could you explain little bit more clearly.
good opinion. a good trader always trade with discipline he knows the important of discipline. some trader Brock discipline when they are greedy as a result they loss a huge amount of money,if you trade with discipline,your trade will be your control.
siddesh
2012-02-27, 06:09 PM
yes if we do disciplined trading our trades will be success.many traders set up very good trading plans ,but they fail to follow properly.thats why they end up in loss.
TrojanFX
2012-02-28, 01:54 AM
yes if we do disciplined trading our trades will be success.many traders set up very good trading plans ,but they fail to follow properly.thats why they end up in loss.
The reward profitable trading most traders forget the discipline aspect of trading rules and that is why so many a fail some of the understand that in the trading world is in need of discipline, and if we are disciplined in trading it very difficult to get the target planned discipline is one of the success.
ermaniso2011
2012-02-28, 10:14 AM
well the rules are not very clear and hard to understand.have you used the term of (sex)as gender or :)but over all l find the post useful and can let us learn something.maybe shortly we can say that the success is with plan,good strategy,and discipline then the money will just flow after that :)a l right?
forexman
2012-02-28, 11:19 AM
i agree with what you said but most of traders wont have discipline in their trading and they will lose the money and think taht forex is scam and gambling but they should know that forex is an investment where you have to be carefully invest and make profits
if we would like to become a successful trader so we shall have to follow trading discipline .
it is very important during the business situation .without discipline mind no body can success in his business .
twinkling star
2012-02-28, 02:54 PM
Can become a successful investor or large traders, the market will follow you into action, breathing pulse, even leading the market direction." This is some of the investor's "dream." In fact, the idea is wrong.
To be a successful investor or operator instead, must be strictly laid down their own "discipline" rather than be with nature. As the military demands of a regular daily routine. Although compliance is difficult, very hard, because it is a little more or less against the humanity. But I more than 10 years in the trading room to see the success of investors, large fund managers, such as the U.S. champion manipulator of people Mading Shu, Mr. Edwards, who are both strict discipline of the people trading investments.
So in the end to observe the things which only comply with the "discipline" standard?
Is very simple, all transactions over the preceding mention of the principles, such as:
1, since the transaction set a clear plan;
2, strict implementation of stop loss, stop interest alone;
3, the admission should be admitted according to the signal;
4, phased capital investment, followed by the establishment of the position, not desperate;
5, not with sex but is that with the emotions into the appearance;
6, no pre-trade drinking, overdraft physical and lifestyle to be a regular;
7, examine and reflect on each transaction, to develop a discussion and make trade journal.
you have give us a very informative post no doubt, as every person should take care of it, as nothing could be done without discipline, and such a volatile market you should be in yours sences all the time to do the better trading, so always keep in mind these golden rules.
wolfkamikaz
2012-02-29, 09:53 AM
Discipline is definitely needed in forex especially discipline when it comes to controlling our emotions so that factors like greed and fear stay out of our decision making and our strategies that we are using. The trader will also need patience in terms of growing and learning and they would definitely need discipline when it comes to managing money. If a trader is disciplined overall and has a successful and consistent strategy then most likely he/she will succeed...
krishan
2012-02-29, 05:53 PM
You are right, lack of good experience may be due the in-disciplined behavior of a trader because if a trader is not taking care of discipline in his trades then he will not be successful and if he is not successful the ultimately he will not have any kind of success experience.
krishan
2012-02-29, 07:56 PM
I want to add one more thing that a trader should have patience. Do not try to get every thing at once. Hold on and wait for a better and clear apportunity then your trade will be safe.
TrojanFX
2012-02-29, 08:47 PM
you must be disciplined every day you are to trade and by so doing you will reap the reward though profitable trading and more over for the newbie like me. If we aren't disciplined with our pan or our rules. May be it will make us get bigger profit.
balakalimuthu
2012-02-29, 09:04 PM
I think you are very right about your thinking because the if we have the disciopline and the patience then easy for us to get the successs, but to get the success in this business we need to have a good mind set about the trading
I agree with you absolutely. Mind set plays a vital role while taking important decision in our Forex trading. Trading discipline is coming from proper mind set only, when we have any extra stress, definitely we go and catch wrong positions. Disciplined mind set definitely will lead us into success for sure...
wazid201118
2012-02-29, 09:51 PM
Yes it is quite true that every trader must abide by the rules of discipline to trade perfectly.He must be careful about trading sincerely.If he does not interfere his trade situation he may loss his capital.Every new trader should practice trade with a demo account to know the benefits of discipline in trading.
bambang
2012-02-29, 10:15 PM
may i add one, try to keep our mindset at a good position ( good mood ) this thinks gave big impact when we made some orders, analysis or decision in trading, so keep fresh mind is the key
I agree with your opinion about the good mood. because emotion plays an important role in influencing the results of our analysis. because that is in need of emotional control is good if you want to get good results too. I think this is the most difficult for most traders because they are still influenced by the nature of fear and greed
fxquest
2012-02-29, 11:09 PM
Discipline is most important when it come to trading forex, some time when market is stable or is trading in a range while making regular profits we ignore some rules and they can all of sudden result in losses, today i forget to set stop loss and left few pending orders i placed yesterday and while i was away of market i lost my balance.
bestlooser
2012-02-29, 11:09 PM
Yes it is quite true that every trader must abide by the rules of discipline to trade perfectly.He must be careful about trading sincerely.If he does not interfere his trade situation he may loss his capital.Every new trader should practice trade with a demo account to know the benefits of discipline in trading.
just try to be discipline during your trades as you may get better result but for me yes when I am discipline then normally I am getting the desired result so just try to be discipline as you may have to be disciplined every where if you want success
examin
2012-02-29, 11:13 PM
there is a lot of way to success of forex but also there is a lot of reason to loss in forex so we have to know all those way one by one and try to descover the right management.
during the business situation discipline and rules are very important for every traders .
through discipline we shall be able to success in our business .without minimum discipline we cannot proceeding in trading .
examin
2012-03-02, 12:34 AM
forex trading need a lot of thing to know to be successful trader you have to learn first and you have to know what is the reaso of loss in forex that will let you stay on the right way.
hardworks
2012-03-02, 05:27 PM
forex trading need a lot of thing to know to be successful trader you have to learn first and you have to know what is the reaso of loss in forex that will let you stay on the right way.
Yes, i agree with this. Analysis is very important part in Forex. We may make analysis in every term which means, if we get profits then we may need to analyze that how we get profits and also vice versa. And also analysis is mainly used to predict entry and exit points. MM and good analysis is the discipline style of trading.
preetfx
2012-03-02, 07:26 PM
Can become a successful investor or large traders, the market will follow you into action, breathing pulse, even leading the market direction." This is some of the investor's "dream." In fact, the idea is wrong.
To be a successful investor or operator instead, must be strictly laid down their own "discipline" rather than be with nature. As the military demands of a regular daily routine. Although compliance is difficult, very hard, because it is a little more or less against the humanity. But I more than 10 years in the trading room to see the success of investors, large fund managers, such as the U.S. champion manipulator of people Mading Shu, Mr. Edwards, who are both strict discipline of the people trading investments.
So in the end to observe the things which only comply with the "discipline" standard?
Is very simple, all transactions over the preceding mention of the principles, such as:
1, since the transaction set a clear plan;
2, strict implementation of stop loss, stop interest alone;
3, the admission should be admitted according to the signal;
4, phased capital investment, followed by the establishment of the position, not desperate;
5, not with sex but is that with the emotions into the appearance;
6, no pre-trade drinking, overdraft physical and lifestyle to be a regular;
7, examine and reflect on each transaction, to develop a discussion and make trade journal.
forex income is compounding in nature, so if we consider that there are 20 trading days in a month then this means that per day you need to earn just 5% of account balance which is easy, this means every month you add 100% profit or double your balance
sasmita11
2012-03-02, 10:43 PM
the forex trading is not for everyone .Be taken in account several variable and is always the risk of losing money.some people simply do not work for this.if you plan to a become a forex trader.i recommended you read this article in detail.it containt the future that distinguish a succesful trader is a loser.
Dicipline_The successful operators creating a trading a system works and they respect it Dont try to carry out transaction on the fly.
i believe that discipline is the key of success .during the business situation we shall have to obey to trading discipline .discipline is the part of trading .
without trading discipline we shall be devastated in trading .
wazid201118
2012-03-03, 11:12 AM
We can't be worry about our capital at the time of trading.When we trade we should keep our mind cool and use the strategies of trading.if we loss our patience we may lose our capital,as we know that every business have of their own rules so we must be disciplined when trading.
preetfx
2012-03-03, 01:29 PM
i fully agree on this discipline of the mind is the key to be successful in forex, we have to work to avoid greed and over confidence, noboduy can be a guru here and nobody is better than the rest all are equal and all have the same job to earn money
examin
2012-03-03, 02:55 PM
We can't be worry about our capital at the time of trading.When we trade we should keep our mind cool and use the strategies of trading.if we loss our patience we may lose our capital,as we know that every business have of their own rules so we must be disciplined when trading.
before trader use big capital in forex he must try to find some money managemnet and chose the best money management for his capital than make good strategie and trade without changing the plan until got margin call or make a big profit if he failed this is normal just make another plan.
anubhavsingh
2012-03-03, 05:25 PM
Yes discipline of mind is too much important in every business specially in forex trading, It is key to success. if you become a big trader you should will control your mind and emotions if you cannot control your mind you will lose everything in this market.
aapne bilkul thik kaha..forex me traer ke mind ko shant hona chahaiye kyunki shant mind se ki hui trading hi aapke account ke liye faydemand ho sakti hai
isliye har trader ko yahi salah di jati hai ki usse apne trading career ko leke bahut serius rehna chahaiye aur jab jab uska mind shant ho usse tabhi trading karni chahaiye
kashifrehman
2012-03-03, 08:58 PM
Strict implementaion of stop loss gives you peace of mind and if you take it as a disciplan than it can save your money at many point with limiting your losses. Every trader have his own set of protocols and mostly trader fail due to disobation of these protocols. And when setted protocols fail than trader need more learning.
oscar
2012-03-03, 09:50 PM
trader must be prepared mentally and plan to create a disciplined trading in forex ..
many traders who always want to achieve success in forex trading business ..
but they always make mistakes and violate the trading rules that have been made before deciding to join in forex
clickme
2012-03-04, 01:37 AM
yes, it is a very good practice for trading in forex, without discipline no one can success ever, because it is a very effective and sensitive business, when you do not have the goal with proper and logical plan, you can not get succeed with it, so must trade with manual and good discipline.
TrojanFX
2012-03-07, 03:45 AM
discipline is the key of success in forex where all our efforts give us positive results if we take it seriously means loosing money is merely our mistakes and result of overwhelming trade and our rapacity.
oscar
2012-03-07, 09:14 AM
very difficult discipline in trading ..
need experience to be able to apply the discipline in our trading ..
we must strive to comply with the trading plan and think realistically that the forex market is a global market that can not be controlled with our thoughts
ken arok
2012-03-07, 09:28 AM
dicipline is very important. If anyone want to earn from the Forex trading then it is compulsory that he must be learn basic knowledge about the Forex trading. The peoples who have the basic knowledge and proper training about the Forex, he must be successful in the short period of time.
exactly discipline is the key to success in forex market you have to be very disciplined with discipline you wont get the full benefit so learn how to trade with discipline
we know that every business has some rules and discipline .discipline of mind is very important during the business situation .without discipline mind no body cannot success in trading
Yes i am agree with this thread.Obviously discipline of mind is the key to successful operation but most of us can't do it.Actually it will not come in a day,we could be control our emotions and make our mind disciplined day by day by practice.Personally i am trying to do it and hope that i will be soon as i want to be a successful trader.
In the other offline business mostly peoples are get experience without loss. So it is clear that there is no compulsory that in the Forex trading we must be get experience through hard working not from loss.
kampung
2012-03-07, 01:14 PM
May I add another?
pray before entering trading also needs to be. Because no matter how hard our efforts, if not accompanied with the blessing of God we will not get maximum results.
This is part of the spiritual in the trade and I am sure if we have this in our trade, we will have the ability to make better trading business because after all we do we just submit the results of hard work in god
khair
2012-03-07, 05:16 PM
i support you opinion. without discipline we can not able to success in any place. discipline is the most important factor in forex. most trader loss in forex for lack of discipline. if we are discipline in our trade i think it will make our trade profitable and get free from more loss.
discipline is the key of success in forex where all our efforts give us positive results if we take it seriously means loosing money is merely our mistakes and result of overwhelming trade and our rapacity.
yes this is true because without discipline in forex will trade random we have to trade discipline to see if the strategy work good or not if it is good we keep on it and if bad we change it.
amin0x
2012-03-07, 05:51 PM
sorry but i m not totally agree with you ..i think that discipline come in the the third place after the knowledge and strategy ..because without a useful strategy ; discipline alone cant give us any profit .
TrojanFX
2012-03-08, 05:47 AM
exactly discipline is the key to success in forex market you have to be very disciplined with discipline you wont get the full benefit so learn how to trade with discipline
we know that every business has some rules and discipline .discipline of mind is very important during the business situation .without discipline mind no body cannot success in trading
Yes. You are right. Being disciplined is the key to immense success in forex, this is due to the fact that forex is a business that requires a lot of decision making. Not just decision making, but quick decision making. It is a very important thing in forex.
newentry
2012-03-08, 07:10 AM
trading with good discipline will build a good mindset and also if the trader have good mindset will trade with good discipline, then the trader can start to trade from one side and get the others side, and if the trader trade with less discipline then they just break their system and all their strategies
scorpian7
2012-03-08, 07:25 AM
The single most important thing i in Forex trading or even you can say for success in any profession is discipline . you can get success overtime without discipline. When I started my trading in Forex It was a time of high volatility I started wining big pips and without discipline I loose them at once. Now with the time passes and with experience I have realized that discipline and proper money management is the key to success in any form of Business.
TrojanFX
2012-03-11, 12:21 AM
It is merely certainly not applicable to be able to forex. Really every where success typically is only possible alongside discipline and in addition discipline. Absolutely nothing else is as significant.
marjuck
2012-03-11, 08:34 AM
i am agree with you. in forex discipline is one of the most important criteria in forex market. the main reason of my more loss is lack of discipline in trade. it help to trade accurately and perfectly. if we are discipline during our trade, we need not to be frustrated. it will brings benefit for us.
jahir
2012-03-11, 11:56 AM
There must be some rules followed in every business, as in forex there is no certain rules given , so one must make his own strategies and follow the best way which will help to run trading in the best and safe way.
herono1
2012-03-11, 12:52 PM
Discipline is more important in forex trading , also necessary for the trader that must know the trading rules and trading instruction for better trading, follows the forex trading rules to over come the trading problems and trade with fresh and relax mind.
abdur
2012-03-11, 12:58 PM
well truly,, discipline of mind surely gives an edge upon the process of trading to those who understand and imply the basic process of patience and also newbies can take help of experienced observers ....
forexpips
2012-03-11, 03:11 PM
Yes you are right discipline is key of forex trading without loss , management is best for take profit you can start both then you never got loss so enjoy trading with discipline as well as management then never got loss only profit.:)
rajesh
2012-03-11, 04:49 PM
Actually the discipline is the key factor which turns your trades to profit and some time if you do not have the good money management then your disciple lead you to stop the tradings other wise you will lose some more.
got2luvyou25
2012-03-11, 05:51 PM
There must be some rules followed in every business, as in forex there is no certain rules given , so one must make his own strategies and follow the best way which will help to run trading in the best and safe way.
broker k rules hote hain jo k hum ko follow kerna hota ha uski bad humhai trading plan k rules like apne aik rule banaya k main retracement entry nahi lun ga , and aik bar target hit ho gia doabara entry nahi lun still market mere favor main ho to b , humheinm rules jaroor abana chahah kuin k ye hum negatvoty se bacjha letehain or hum bade losses ko avoid ker pate hain
sinaga
2012-03-11, 06:49 PM
Yes the discipline is also a key to success in trade. In addition to the discipline we must also understand the basics of trade and clever set of our trade. plans are nice and understand where we took the position of the trade as well as discipline how advantage we plan in trade is a key to successful trading
wazid201118
2012-03-11, 07:02 PM
Discipline is the most important thing in forex and other business to.If trader keep his mind fresh when he trades he can do it properly.He must obey the rules of trading to get profit.Thus he can be successful in trade.
bambang
2012-03-11, 07:05 PM
Yes the discipline is also a key to success in trade. In addition to the discipline we must also understand the basics of trade and clever set of our trade. plans are nice and understand where we took the position of the trade as well as discipline how advantage we plan in trade is a key to successful trading
but in my opinion, if we are able to control their emotions well, then automatically we will be more disciplined in carrying out the rules of trade that we have made. if we try to discipline then we should be able to control our emotions first. so it is easy to be disciplined.
norix
2012-03-11, 07:41 PM
Yes the discipline is also a key to success in trade. In addition to the discipline we must also understand the basics of trade and clever set of our trade. plans are nice and understand where we took the position of the trade as well as discipline how advantage we plan in trade is a key to successful trading
self-discipline, discipline of mind and emotion to use our financial
that we have discussed it many times but so long will not forget that discipline is the beginning of our success
netra
2012-03-11, 07:47 PM
ya descipline is very crucial factor in the forex that all traders should follow to become successful in forex. If you trade with descipline then you can earn good profit in forex
chetan
2012-03-12, 12:33 PM
We need to stick with our trading rules and don't break then in any condition. I sometimes use too much capital in only a single position and in result i bear loss, its just out of my rule to open position with big lot size but still i do and bear big losses.
sunil
2012-03-13, 07:19 PM
You are right, lack of good experience may be due the in-disciplined behavior of a trader because if a trader is not taking care of discipline in his trades then he will not be successful and if he is not successful the ultimately he will not have any kind of success experience.
TrojanFX
2012-03-14, 08:58 AM
Well yeah right discipline is most necessary to us to make a large amount of profit and believe me if we trade with discipline then we can make a good amount of profit daily but with indiscipline we may suffer a loss.
sachin
2012-03-14, 01:18 PM
Really? Then that means two things: Either the money that you have invested in your live trading (if you have started trading live) is very small is not too important to you. Secondly, you might be trading with funds that was given to you free of charge without any requirement to repay.
TrojanFX
2012-03-15, 09:42 AM
yes, 4the trader who has the discipline on this business has more chance to got the success on the forex, so we must being patience on this business to make us being discipline to all of our rules that we make on this business and got the success here
yes, without discipline, it is impossible to be able to survive in the forex business ..
many forex traders fail to get the business because of greed and their expectations are too high in the business of forex trading and they always break the rule .. I have to study harder to be disciplined in trading
deathzz
2012-03-15, 12:33 PM
discipline has become a major problem for traders especially new traders like myself, are very difficult to be disciplined when trading, especially if we are in front of the computer all the time and continue to observe the graph. We always want to trade when market conditions are unstable, so we are not a profit but instead get the loss.
TrojanFX
2012-03-16, 11:14 AM
discipline has become a major problem for traders especially new traders like myself, are very difficult to be disciplined when trading, especially if we are in front of the computer all the time and continue to observe the graph. We always want to trade when market conditions are unstable, so we are not a profit but instead get the loss.
we must discipline on this business discipline is the key to success, if we do not make the discipline on this business, it also make us fail on this business, that is not good for us, so we must being discipline when we are on trading forex
newentry
2012-03-16, 12:09 PM
always, back to discipline and this is the main thing for this business, it will be useless if the traders have good knowledge or strategies and also big capital but they trade with less discipline, they just break everything...so discipline and patience is like the heart of this business
Can become a successful investor or large traders, the market will follow you into action, breathing pulse, even leading the market direction." This is some of the investor's "dream." In fact, the idea is wrong.
To be a successful investor or operator instead, must be strictly laid down their own "discipline" rather than be with nature. As the military demands of a regular daily routine. Although compliance is difficult, very hard, because it is a little more or less against the humanity. But I more than 10 years in the trading room to see the success of investors, large fund managers, such as the U.S. champion manipulator of people Mading Shu, Mr. Edwards, who are both strict discipline of the people trading investments.
So in the end to observe the things which only comply with the "discipline" standard?
Is very simple, all transactions over the preceding mention of the principles, such as:
1, since the transaction set a clear plan;
2, strict implementation of stop loss, stop interest alone;
3, the admission should be admitted according to the signal;
4, phased capital investment, followed by the establishment of the position, not desperate;
5, not with sex but is that with the emotions into the appearance;
6, no pre-trade drinking, overdraft physical and lifestyle to be a regular;
7, examine and reflect on each transaction, to develop a discussion and make trade journal.
absolutely right in doing this business we must be disciplined, I myself have felt the devastation dibisnis because no discipline, be it a time of discipline, discipline, discipline of reaching the target.
TrojanFX
2012-03-17, 11:55 PM
A trader should always be disciplined and patient and at the same time trade with trading discipline which is the basic rules of trading and always follow them. A trader should plan his trade carefully and his exit and entry levels , stop loss and take profits should be all calculated before hand .
that's all right, we must be a discipline in along as our live... and also in forex, we must have any discipline in our trade every day ... every time... as long as we can do it... go fight and take more profit...
A trader should always be disciplined and patient and at the same time trade with trading discipline which is the basic rules of trading and always follow them. A trader should plan his trade carefully and his exit and entry levels , stop loss and take profits should be all calculated before hand .
yes, we must be disciplined to follow the strategy and management that we make. do not ever come out of the rules we have created its own because it will only cause us trouble in our trade...
lights
2012-03-19, 10:21 AM
grandiose dreams are often the beginning we tried this business. But often without discipline, like myself are often not disciplined by the rules and strategy of my own. result is loss, loss and loss. but now learn to discipline
vineet
2012-03-19, 02:28 PM
yes if we do disciplined trading our trades will be success.many traders set up very good trading plans ,but they fail to follow properly.thats why they end up in loss.
agitiga
2012-03-19, 04:53 PM
To make it in forex you must settle your mind with inner peace, putting move hope on your trading account will only make you judge the market with bias so avoid involving your personal economic problems in your forex business
ashwini
2012-03-19, 05:01 PM
yes .. eh bahut jaruri hain.. ki .. humain apne dimag ko agar thanda karke trade kare to hum jyada se jyada profit trade.. aur kam loss trade karenge .
aur hum jo bhi trading plan banate hain.. usse apne dimag main fit kar lena chahiye .. fir .. ussi plan ke mutabik kam karna chhahiye .. agar hamare plan ke hisab se nahi hota to trade nahi karni chahiye.. yeh hum ek din ke liye to trading kar nahi rahe .. yeh hamare liye regular hain.. to trading .. regular business ki tarah karni chahiye .. naki ek din gambling.ke hisab se..
TrojanFX
2012-03-19, 09:08 PM
A trader have to forever be disciplined and trade with trading regulation which means he should pursue some essential rules of trading. A disciplined trader is able to achieve better trades and achieve better proceeds than a trader who is not disciplined. Also a tranquil and enduring trader is more disciplined than a trader who is not tranquil.
wazwaz
2012-03-19, 09:21 PM
Of course, is the key to the success of the deal focus is the most important thing in Forex but if the passion we have introduced in Forex it would be a cause of the loss must enter the transaction when we are in full mental and consider our strength to what is in front of you and not what your heart tells you
bestlooser
2012-03-19, 09:35 PM
Well its better if we follow the rules and regulation very carefully and not to greed while doing trading and its better if you follow some rules like never try to re-invest your profit again and again and also trade with discipline so that you can be more profitable and even i am trading with discipline and i am profitable .
yes some how traders lose because of the own mistakes or they just do not know the market otherwise if they give some time then they can understand this market well and it is easy to understand and I really feel that just basic need to be learned and followed
Abdo22
2012-03-20, 02:17 AM
for me I believe Discipline is very important, both the discipline of the mind and body discipline. It is also very important to note that this is the only discipline that can make your trading plan and strategy to give you the best benefits. And achieve good things in life too.
vineet
2012-03-20, 07:50 PM
discipline is the root to every successful strategy, without master it, there's no way a strategy could perform a maximum result. by the way, i'm bit confused about point 5. 'not with sex but is that with the emotions into the appearance', could you explain little bit more clearly.
patil
2012-03-21, 04:57 PM
aapne bilkul thik kaha..forex me bahut dedication aur hard work ki zarurat padti hai kyunki forex trading ko samjhne ke liye trader ko poora time dena padta hai
agar aap forex ko serious nahi karoge to aapke loss ke chances bahut zada ho jayenge aur aap kabhi bhi profit nahi kama paoge
aryan
2012-03-22, 12:32 PM
because a discipline will shape the mindset of traders getting better so have a good personality, with a good personality then the trader has a wiser attitude and be responsible for accounts they manage,
That's the importance we do discipline in every our transaction .
patil
2012-03-22, 02:49 PM
it's about your mental, if your mental well then you will do all things with discipline and if vice versa then you will trouble to apply the discipline so that it will take quite a long time because with passage of time the trader will know how important discipline.
TrojanFX
2012-03-23, 09:54 AM
I think this really is an excellent advice to raw user ... i think its not matter exactly how us trade as well as gain profits however it must be taken profits within the marketplace.This will make us having more stress since we need clear mind to do this business.
waqtitrader
2012-03-23, 11:02 AM
Can become a successful investor or large traders, the market will follow you into action, breathing pulse, even leading the market direction." This is some of the investor's "dream." In fact, the idea is wrong.
To be a successful investor or operator instead, must be strictly laid down their own "discipline" rather than be with nature. As the military demands of a regular daily routine. Although compliance is difficult, very hard, because it is a little more or less against the humanity. But I more than 10 years in the trading room to see the success of investors, large fund managers, such as the U.S. champion manipulator of people Mading Shu, Mr. Edwards, who are both strict discipline of the people trading investments.
So in the end to observe the things which only comply with the "discipline" standard?
Is very simple, all transactions over the preceding mention of the principles, such as:
1, since the transaction set a clear plan;
2, strict implementation of stop loss, stop interest alone;
3, the admission should be admitted according to the signal;
4, phased capital investment, followed by the establishment of the position, not desperate;
5, not with sex but is that with the emotions into the appearance;
6, no pre-trade drinking, overdraft physical and lifestyle to be a regular;
7, examine and reflect on each transaction, to develop a discussion and make trade journal.
han desipline k bagehr to koi bhi kaam nahi ho sakta ha kioun k ager app ki trading main desipline nahi ho ga to app ko koi khas profit nahi mele ga ager app baqaida planing kar k trading karo ge to app ko kafi profit ho ga es main or ye sab desipline ki waja se he ha
forexpips
2012-03-23, 11:25 AM
Discipline is a word that is very useful for any type of business and Forex trading also a business if we do Forex then two thing remember First is discipline and second thing is management then we do all time better and get Profit in business as well as Forex.
narendra
2012-03-23, 02:49 PM
business hamesha shanti purvak kiya jata hai kisi bhi business mein koi jald bazi nahi karni chahiye jaldi bazi mein hamesha business bigad jata hai aur humara loss ho jata hai hume patience karne ki adat daal leni chahiye aur wo bhi tab jab hum trading kar rahe ho
TrojanFX
2012-03-24, 04:08 PM
Discipline is a word that is very useful for any type of business and Forex trading also a business if we do Forex then two thing remember First is discipline and second thing is management then we do all time better and get Profit in business as well as Forex.
yes, but any trader do not controlled his mind in the trading . so that he get the lose . this amount is not so small . lots of trader do not get the achievement of discipline. but i think this discipline will come by the experience of the trader .
Yes of course , this is very important think that discipline of mind is the key of success because he can do every right positon open its very important for good trader.
anitagala124
2012-03-25, 06:23 PM
Nice info you have written,Many traders repeat past mistakes during trading and get same results like before so make up your rules and follow it then you will success in forex trading.
Discipline is a word that is very useful for any type of business and Forex trading also a business if we do Forex then two thing remember First is discipline and second thing is management then we do all time better and get Profit in business as well as Forex.
yes, discipline is the key to success for a trader, any management strategy and will not be effective if we do not run it with discipline. so any strategy that we use and management of the key is discipline....
zahidrock
2012-03-26, 09:54 AM
i have same believe that discipline is the main key for trader to success. discipline applying money management and the strategy that we already make. and bye bye to margin call.
Yes i agree with you. If you trade with discipline then it can protect you from balance also on discipline you can easy use money management and with money management you can easily reduce your risk level on trading.
dintera
2012-03-26, 10:23 AM
I agreed with your opinion that a successful traders always stick to good trading discipline. There are some common reasons why traders fall short of being fully intentional amongst others are :
- environmental distractions and boredom cause a lack of focus
- fatigue and mental overload create loss of concentration
- unwillingness to accept loss
- trading a time frame, style, or market that does not match their talents, risk tolerance and personality.
As we can see, not all discipline problems have their origins in the trader's psychology.* Many times, the loss of discipline reflects problems with trading itself.* These departures from discipline are actually unconscious attempts to trade in a style that is more in tune with the trader's skills and talents.
bestlooser
2012-03-26, 10:55 AM
Discipline is a word that is very useful for any type of business and Forex trading also a business if we do Forex then two thing remember First is discipline and second thing is management then we do all time better and get Profit in business as well as Forex.
you are right and I agree discipline is key as some times because of emotions we make wrong decisions and some time time because of bad money management we lose and some times we make bad decisions but even if we have a good money management then it can save us.
rakesh
2012-03-26, 12:33 PM
agree, discipline will bring them to the best place and because when they trade with good discipline then they have already used the best strategies and also the best money management too and of course they will get the best result from their trading
and with discipline they can control the emotion with very well too
anchitkole
2012-03-26, 02:32 PM
trading with good discipline will build a good mindset and also if the trader have good mindset will trade with good discipline, then the trader can start to trade from one side and get the others side, and if the trader trade with less discipline then they just break their system and all their strategies
anitagala124
2012-03-26, 02:36 PM
always, back to discipline and this is the main thing for this business, it will be useless if the traders have good knowledge or strategies and also big capital but they trade with less discipline, they just break everything...so discipline and patience is like the heart of this business
always, back to discipline and this is the main thing for this business, it will be useless if the traders have good knowledge or strategies and also big capital but they trade with less discipline, they just break everything...so discipline and patience is like the heart of this business
It is true my friend, We should never underestimate the problem of discipline in the trade that we do, because we are successful or not trade will depend on how disciplined we are in the trade....
over580
2012-03-26, 04:56 PM
very difficult to control emotions, and discipline is something that I can not do it perfectly, many professional traders say if you could control his emotions, but i know I have great traders out there actually use the robot, which knows no emotion, what is the secret success in the forex robot wearing?
zahidrock
2012-03-26, 07:48 PM
always, back to discipline and this is the main thing for this business, it will be useless if the traders have good knowledge or strategies and also big capital but they trade with less discipline, they just break everything...so discipline and patience is like the heart of this business
if you break your discipline on trading then you can't make good profit from trading. Because discipline can control your mind and with mind controlling you can easily control your emotion and greed Which is very dangerous on trading.
zahidrock
2012-03-27, 09:17 AM
I know that most of the traders has gained success in forex by their discipline.When they trade they keep their mind cool and never take useless step.Some trades can not control their emotion,Greed and anxiousness.So they may have faced lose here.
I think only undisciplined people can't control emotion, greed on trading. If you trade with discipline then you can easily control this on your trading. And with controlling this you can make good profit with consistently.
got2luvyou25
2012-03-27, 09:43 AM
I know that most of the traders has gained success in forex by their discipline.When they trade they keep their mind cool and never take useless step.Some trades can not control their emotion,Greed and anxiousness.So they may have faced lose here.
bahi serf discipl;ine ki waja se humhien success nahi mil sketi haimhein dosre cheezon ki terf be to dehan dena chahay jaise k humhein acha analytioc hona chahai is ka ye faida ho k hum market ko understand ker leen gein or humhien p[ata chel jaye k k kis waqt entry leni chahay
bestlooser
2012-03-27, 12:06 PM
I know that most of the traders has gained success in forex by their discipline.When they trade they keep their mind cool and never take useless step.Some trades can not control their emotion,Greed and anxiousness.So they may have faced lose here.
yes long term plan need some disciplined for me and I have to be relax and I do not have to make decisions in hurry and I have to stick to my plan which is just wait and wait and watch the market and that all and opportunities will come automatically so just need to give time. this is why disciplined is key in all business not in forex.
anchitkole
2012-03-27, 01:29 PM
Bad emotion like greed, fear and revenge can make our trading account get big loss. Need time and experience to be able to control this emotion. But a trader that can control its emotion I believe he can be a great trader. Because no matter how porfitable our trading system if we does not have good control in our emotion this trading strategy become useful.
anitagala124
2012-03-27, 01:32 PM
good opinion. a good trader always trade with discipline he knows the important of discipline. some trader Brock discipline when they are greedy as a result they loss a huge amount of money,if you trade with discipline,your trade will be your control.
anitagala124
2012-03-27, 01:42 PM
The reward profitable trading most traders forget the discipline aspect of trading rules and that is why so many a fail some of the understand that in the trading world is in need of discipline, and if we are disciplined in trading it very difficult to get the target planned discipline is one of the success.
anchitkole
2012-03-27, 01:45 PM
To become a good trader one must be disciplined every day you are to trade and by so doing you will reap the reward though profitable trading. most traders forget the discipline aspect of trading rules and that is why so many fail some of the times in their trade. though it is not easy to discipline one's self but with constant practice.. one will become pro soon
anchitkole
2012-03-27, 01:47 PM
discipline and concentration is two of the important key on our trading, if we do not discipline to wait until the signal our to enter the market, we must possible to got the loss, and if we do not discipline to trade using a good money management, we must possible to loss more money
anchitkole
2012-03-27, 02:02 PM
yes.. discipline is the key in forex trading, to implement discipline in every time it is not easy, therefore we have to actually run it, although it does feel good to us, indeed we are hard at first but with always used every day then I'm sure will becomes a habit and we feel happy in the discipline every day.
anitagala124
2012-03-27, 02:09 PM
you must be disciplined every day you are to trade and by so doing you will reap the reward though profitable trading and more over for the newbie like me. If we aren't disciplined with our pan or our rules. May be it will make us get bigger profit.
anitagala124
2012-03-27, 02:17 PM
discipline is the key of success in forex where all our efforts give us positive results if we take it seriously means loosing money is merely our mistakes and result of overwhelming trade and our rapacity.
There is no rule particularly made for the success of the trading market but yes one could trade within the specific guidelines and discipline to get nice results from the trading market.Traders have to understand the money management properly and while trading they should protect their investment capitals first.
sagar
2012-03-28, 12:50 PM
I agree with your opinion about the good mood. because emotion plays an important role in influencing the results of our analysis. because that is in need of emotional control is good if you want to get good results too. I think this is the most difficult for most traders because they are still influenced by the nature of fear and greed
theboy2226
2012-03-29, 05:53 AM
i think Discipline is the cure for greed because when you set a gaol and when you achieve it you stop trading .you can avoid loss ,some traders think it is easy to be Discipline while trading but i think it is realy hard specially when you are making big profit you get greedy and you never stop and close the trade untill you start losing . i wish i could be more Discipline
bestlooser
2012-03-29, 11:04 AM
discipline and concentration is two of the important key on our trading, if we do not discipline to wait until the signal our to enter the market, we must possible to got the loss, and if we do not discipline to trade using a good money management, we must possible to loss more money
some how patience and discipline are necessary in forex and hard to get success without discipline and every one who is successful must be having discipline and I am also working on my discipline and further I want to increase my profit by being more disciplined and actually this is one basic thing that is required in forex
anchitkole
2012-03-29, 01:38 PM
Discipline is most important when it come to trading forex, some time when market is stable or is trading in a range while making regular profits we ignore some rules and they can all of sudden result in losses, today i forget to set stop loss and left few pending orders i placed yesterday and while i was away of market i lost my balance.
You are right discipline is most important in order to succeed in forex trading, you should have good strategy and follow rules while you trade with discipline. In fact i would say discipline is necesary in every other profession too.
tabestbestmaker
2012-03-30, 11:19 PM
mi friend you are 100% and absoloustly right and i am fully agree and sometimes the beginers can't control themselves and this will need iinto a huge loss
Ahsan
2012-03-31, 12:58 PM
Thank you very much for sharing with us such kind of informative post. If a newbie trader can start forex trading maintain a good discipline and right money management system then he must be gain success from forex.
dimdim
2012-03-31, 01:21 PM
We can't do anything without our mind. So when it comes to trading forex, we can't also trade without our mind. So this means that it is important for every trader to discipline our mind and this discipline should be geared towards greed and fear.
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