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discipline is the key to success in trading, whether it is discipline in money management, use of the lot , the rules of the trading system, the right time to enter the market and many others, people who do not discipline the people who do not have a future
I think it is best important think for us. Any business have need to know the rules of trading business . It is best useful and need for us. I think if you are trading rule wise than you are success in life and gives good profit , so i think maintain trading and discipline than you are success easily .
i think that rule and discipline is very effect for the success of Forex trading. so i think implementing whole of the above strategies is some what difficult for the user who has just entered the trading environment. i guess he should be clear with some basic concepts and knowledge for good result.
Quote:
Originally Posted by mojacko
90% of traders fail because of lack of discipline.
disciplined trading method
disciplined money management plan
disciplined with time.
why ...?
because discipline is not easy. it takes commitment. and continuous hard work.:)
It is aright that trading without correct you are writer credible to retrogress, and punishment should raise the performance, but it is not all we need to succed in forex trading along with correction we should mortal a echt and proven strategy, arise probability management rules and should make supportive knowledge along with participate.
forex trading ka rule ko follow karna chaya joo trader trading ka rule ko follow nahi karta wo kabi be ahci or best trading nahi kar sakta successful trading karna ka lya boht he zada important ha ka trading ka rule ko follow kyaa jaya or best or ahci trading kar ka huge money earned ke jaya..Quote:
Originally Posted by shaonmra
self-discipline is a addiction that a investor will not be out of range from what the guidelines of the technique he used, not to create a regular investor in producing benefit. although sometimes we have to respect the guidelines are still taking a loss, it's just that we do not really repent it if it is operating the concept.
If you ever wanted to become a hotshot forex trader then you need to be a disciplined guy at any cost.. because you need to keep learning, you need to keep following all the rules and regulation in forex, following money management in your every trades, you need to keep analyzing everything before opening any trade... and you need to repeat them always in your trading for the best results....
i think that discipline is key to success of Forex trading. so discipline was very difficult .should learn form the experience itself. little by little will be increasingly able to discipline.
as for me i think discipline trader will never trade with fear, never trade with greed and always trade without emotion and the more we can really trade with all these attribute then we can really be at the winning side of the forex market based on my understanding so determination is the best