Discipline In Trading???

[bilie]

Hi bro, in my opinion, i think that Discipline means you should be aware about all trading basics and you have properly managed your funds and time..discipline is quite difficult to do but as experience and Traffic us to remain serious about our own emotions is not impossible. Nice trading and have best pips.

[ruarbiasa]

i thing forex trading is best online business and you can earn much profit if you learn well so if you follow the rules of trading then you can get good profit after trading so learn well and earn good money if you learn well

Discipline no doubt is a great source which provide us chances to grow in our life. It is generally said that Organized Efforts Do Have Multiple Rewards. Your discipline gets you out of dismay and disappointments. It naturally resolves your problematic issue particularly your financial, health and social issues.

[kashi.ali]

as long as you have decipline in your trading you will not lose your money and you are able to make profit in each trade and you can understand it better. but if you lost decipline you will also lost money

[nadeemali]

i thing forex trading is best online business and you can earn much profit if you learn well so if you follow the rules of trading then you can get good profit after trading so learn well and earn good money if you learn well

[MyAdventure]

i also think like that, discipline is also an obedience or adherence to the rules or our trading plans we've created, where if we break them, consequently we are trading may be a mess and will not benefit. Lots of traders who already understand the theory of forex trading but can not carry it out in practice, and that in the absence of a high sense of discipline.

[lantran]

Well, I agree with you. i think that there are many traders who were winning when they were disciplined. as soon as they leave it they lost everything. so be disciplined, you cannot afford any mistake here. Nice trades, friend.

[Rimsha mirza]

i think dear discipline is the most important thing any work s discipline is the key to success in all trading platform disciplines means you should be aware aboyt all trading basic and you have properly managed your funds and time

[debian]

it is important to be dicipline in term of time to trade and to be dicipline to use good money management.
if we are disclpined then our emotional will not effect us and we can be master in forex market, so try to be disclpined and be succeed in forex market.

I�m agree with you,in the business forex it we also should be discipline when we doing forex trading. then we also should know when we could making opening position, and when we also should closed our position, whether in advantage or losing position. we also should be discipline.

[PRINCE DANIYAL]

less of a loss on a losing trade than if you were stubborn and held on too long to a bad trade. Thus, if I lose $200 on a trade, but I would have lost $1,000 if I had remained in that losing trade, I can claim that I “saved” myself $800 in additional losses by exiting the bad trade with haste.The Wheel of Success

There are three spokes that make up, what I call the “Wheel of Success” as it relates to trading.
The first spoke is content. Content consists of all the external and internal market information that traders utilize to make their trading decisions. All traders must purchase value-added content that provides utility in making their trading decisions. The most important type of content is internal market information (IMI). IMI simply is time and price information as disseminated by the exchanges. After all, we all make our trading decisions in the present tense based on time and price. In order to “scalp” the markets effectively, we must have the most live and up-to-date time and price information seamlessly delivered to our PCs through a reliable execution platform and/or charting package. Without instantaneous time and price information, we would be trading in the dark.
The second spoke is mechanics. Mechanics is how you access the markets and the methodology that you employ to enter/exit your trades. You must master mechanics before you can enjoy any success as a trader. A simple keystroke error can result in a loss of thousands of dollars. A trader can ruin his entire day with an inadvertent trade entry error. Once you have mastered order execution, though, it is like riding a bike. The process of entering and exiting trades becomes seamless and mindless. Fast and efficient trade execution, especially if you are trading with a scalping methodology, will enable you to hit a bid or take an offer before your competitors do. Remember, the fastest survive.
The third and most important spoke in the Wheel of Success is discipline. You must attain discipline if you ever hope to achieve any level of trading success. Trading discipline is practiced 100 percent of the time, every trade, every day. Review the following 25 Rules of Trading Discipline. You must condition yourself to behave with discipline over and over again. Many of my traders and clients read through the rules every day (believe it or not) before the trading session begins. It doesn'’t take more than three minutes to read through them. Think of the exercise as praying — reminding you how to conduct yourself throughout the trading session.


1. THE MARKET PAYS YOU TO BE DISCIPLINED.
Trading with discipline will put more money in your pocket and take less money out. The one constant truth concerning the markets is that discipline = increased profits.

2. BE DISCIPLINED EVERY DAY, IN EVERY TRADE, AND THE MARKET WILL REWARD YOU. BUT DON�T CLAIM TO BE DISCIPLINED IF YOU ARE NOT 100 PERCENT OF THE TIME.
Being disciplined is of the utmost importance, but it’s not a sometimes thing, like claiming you quit a bad habit, such as smoking. If you claim to quit smoking but you sneak a cigarette every once in a while, then you clearly have not quit smoking. If you trade with discipline nine out of ten trades, then you can’t claim to be a disciplined trader. It is the one undisciplined trade that will really hurt your overall performance for the day. Discipline must be every trade. When I state that “the market will reward you,” typically it is in recognizing

[t572]

Yes, it is important to be dicipline in term of time to trade and to be dicipline to use good money management.
Dicipline can be started from beginning when I did trading and it will be good if I can make it as good habit to
be dicipline in many things.