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Absolutely I can say it’s truth and I personally believe following the proper discipline in our trading and also following the rules is most important thing to became a successful trader but most of the case we can see that we have no patience in our trading and losing our control and never trying to follow the discipline and rules as a result we are losing continuously .
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Basically my dear, in forex trading i certainly I consider it’s no double lack of discipline is my main weakness also in this business. I really trying hard to be discipline, but i do not know how, i still hard to be discipline. Many times i do cut my profit trades manually when i must let the price hit my take profit only. When i cut my profit manually, i get small profit only.
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yes when you lack discipline in your trade it is a big problem of course when you lack discipline then it will also difficult for you to manage your risk and money in forex trade so I don't think you should lack discipline in forex trade at all.
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Beginner ko chahye kay wo apni trading style ko ak expert ki tarha banay or is kay liye usy forex ko sahi lafzo ma study karna ho ga or demo pe practice karni ho gi or agar ap demo pe practice karty hain to ap ko 2 se 3 saal zaror lagy gy ak expert trader banny kay liye ap ko chahye jo time ap is pe trading lay kay apna loss karwany pe laga rhy hain wo time ap is ko sekh kay samjhney pe lagain.
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mistakes jyadatar greed ya overtrading ki hoti haimya jab hum bahut jyada expectation mein news trade karte hai aur phir humko thoda profit hone ke baad loss hone lagta hai aur hum phir strategy komchange karte rehte hai aurmhumko bilkul pata naui chalta hum kaha galti kar rahe hai.
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Only avoiding greed will not help us to grow you know there are many thing which can affect our trading in this business like emotion, less trading knowledge, less trading skill and experience, wrong money management and risk management, not much attention on risk and reward ratio, no use of stop loss these things can also affect our trading
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yes, absolutely in forex trading, I generally do find many people are talking about the diciplan but i did not find any thread or post yet which define the reality that how to maintain the disciplan and some times it become difficult because seniors did not share their success stories. If seniors do this than forex become more easy for us it important key factor of forex market
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Well my friend, for the traders in forex trading, I personally think beginner should avoid trading the forex market without using the stop loss order to protect their self in the forex market.many forex market trader do not have a good money management and that is the reason why many are losing
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Basically my dear, in forex trading i certainly I consider it’s no double there are many things that beginner faces not only discipline i think fear of loss is the main problem and the second main problem is the confidence to trade. the main problem is the lack of confidence.
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disgust, I wired the money out of the account and closed it
the next day.
Well, even after that embarrassing experience I simply
could not shake the trading bug. The next summer I
taught summer school again, and again I opened a small
trading account with my extra $5,000. This time, I decided
I would do things the right way. I would transform myself