Rules of Trading Discipline.

it is true, I think discipline should be applied to smooth us together, in this world all have rules, even in the world of forex else we have rules too.
so we also have to implement the rule

I just found out that it is in the trading discipline is important. I do not think it was also not a matter of discipline. I would argue that the most important thing is emotional control and money management, discipline is not too important. But do you think about the discipline to make my knowledge was growing, and I will try to discipline in the hope of increasing my profit. thank you all.

Quote:

---

Originally Posted by wasimanjum

rules for forex trading is also as very much importanyt as many other business in the world so you should must try to make the rules before the trading so it is benificial for you so you should make a rule that you should never become overconfidient during the trading and the next never become too much greedy during the tradingg

---

Right I think, it is not true, as I have said before about forex trading, and the wrong thing is that the use of Miss some people without rules for foreign currency trading. Even when located in the failure of that time for some sites it means work is wrong.

I dont agree with daily target,,because the movement of the currency sometimes we dont know,then if we chasing our target,sometimes we use our feelings,and get illogical in our orders..

Better to follow the system,and have patience doing it

Here we cannot stick with the general rules because every trader need its own and he should develop these when he move from demo to live and evaluation them on continues basis that give strength to his trading .

Yes the most effective rule of discipline is that you must use low risk while trading and you have to wait for the opportunity to trade in the Forex market. You should not trade in the market, because it can benefit your account against loss.

i agree with above all brother.discipline is the key to successful trading. so we all trader should keep in mind this. and we have to follow it every time and every day in forex trading.

discipline is such a vital factor and that is required everywhere. the sphere of successful forex trading isn't something further normal. a trader should have discipline in her strategy. he ought to follow his strategy strictly and he shouldnt amendment it for the midway while not any proper reason.

If we business without self-discipline, we can not get into the industry at the perfect time, we can not perform our software system effectively, that is to say, we can not keep our reduction little and benefit highest possible.

The accomplishment that a trader achieves in the markets is directly interrelated to one’s trading regulation. Trading discipline is 80% of the game. The method is very simple: Trade with regulation and you will do well; trade without discipline and you will fail without maintain rules.