Discipline of mind is the key to successful operation.

[ali1011]

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.

[dmambi]

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.

[speedy]

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.

[100c�]

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.

[mayengbam]

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

[yamibux]

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

[zoomfire]

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]

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

[bestlooser]

@ 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.

[popatji]

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.