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Quote:
Originally Posted by vineet
Discipline maybe not only in forex trading, in every business, in daily live and in all place and all positions, if we discipline, we will get the comfortable, and we will be success if we discipline. But, at least we must be remember that not only discipline to reach success in forex trading.
If you are using discipline the following the analysis of the risk management and margin settings and lots of margin trading and trading plan in accordance with the appropriate discipline, good market analysis to calculate the volume of profitable marketsQuote:
Originally Posted by peyekiwak
success in this business we can get if we are obedient to the rules and discipline, trade according to the rules will make it easier to make a profit, the trading discipline will make the trade running smoothly, all things that can make better and more profitable trades, we should do and do it right.
Discipline tradings will always give us more fruit. we should always try to do the good and discipline tradings. the good rule of the discipline is that we should not try to open more and more trades to get more money in less time.
no i think the discipline in forex is not clear and fix i think the true trader are entering market in right time and exit in a right time ,so there is no something fix in this bussines market are dynamic not static
trading discipline has an important role in efforts to achieve a successful trader, as a trader and therefore we can not rule out the problem of discipline in trading forex.Quote:
Originally Posted by shaonmra
thanks for you advice, but is true, discipline maybe look likes a simple, but is practical, is hard to do it,because often the emotional sometimes loss the discipline, so, to discipline maybe need to training every day.... example if you was taking profit in one trading, don't be greedy, stop trading and enjoy your profit
Good job, my friend. Truth hurts like a bitch. And in forex it does hurt like a bitch and her son. For newbies, disciplined yourself or the market will disciplined you. The former will make you money, the latter will make you broke.
---------- Post added at 05:35 PM ---------- Previous post was at 04:48 PM ----------
The success that a trader achieves in the markets is directly correlated to one’s trading discipline or lack thereof. Trading discipline is 90 percent of the game. The formula is very simple:Trade with discipline and you will succeed; trade without discipline and you will fail.
Rules of trading should be to trade in one currency, learn everything about that currency, about the country of that currency, to learn about the country market, to learn about the movement of that currency which will ensure it will be a profitable deal.
being a discipline trader is one of the major reason why most traders fail and why most traders fail but the more you can always learn never to trade with greed and never to trade with fear then we can always be a disciple trader