Thread: Rules of Trading Discipline.
Originally Posted by shaonmra
I am a newbie and i think rules of trading descipline is depend in our own mind and strategy but i also think trading rules is same but trading profit is hard so i think forex is not so easy to earen money but if you make descipline and also make concentration than forex business is so easy for you otherwise without descipline forex is not so easy and also harmful for you and any one......
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
hmm. nice set of points you had mentioned about discipline in forex trading. I am totally agree with you that first loss is best lost in forex trading as compared to loss all money at final by MC or blown away.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
i think that a good trader can success in the trading rules and trading discipline so discipline is very difficult . should learn form the experience itself . little by little will be increasingly able to discipline. so you want to success traders then need trading rules and trading discipline.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
To control bad emotion, we must bring discipline in our mind. Because with discipline we are able to control our bad emotion which lead us to loss.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Discipline is key of success in everywhere . If you can make great discipline life then you must be succeed your future life . So make a great discipline for your forex trade .
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
trading is risky business but if you follow all the rule than you become success in this field . so learn more and follow all the rule and regulation .
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I think that this issue be discussed and interesting,I see that to become diciplines must be comes to your self and you must makes some rules to your self about you will do when you trading and dollow that rules, never break it really.... good luck
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
This section is one of the most important sections you will ever read about trading.
Why is it important? Well, we are in the business of making money, and in order to make money we have to learn how to manage risk (potential losses).
Ironically, this is one of the most overlooked areas in trading. Many traders are just anxious to get right into trading with no regard for their total account size.
They simply determine how much they can stomach to lose in a single trade and hit the "trade" button. There's a term for this type of investing....it's called...
---------- Post added at 02:38 PM ---------- Previous post was at 02:36 PM ----------
When you trade without money management rules, you are in fact gambling.
You are not looking at the long term return on your investment. Instead you are only looking for that "jackpot".
Money management rules will not only protect you but they can make you very profitable in the long run. If you don't believe us, and you think that "gambling" is the way to get rich, then consider this example:
People go to Las Vegas all the time to gamble their money in hopes of winning a big jackpot, and in fact, many people do win.
So how in the world are casinos still making money if many individuals are winning jackpots?
The answer is that while even though people win jackpots, in the long run, casinos are still profitable because they rake in more money from the people that don't win. That is where the term "the house always wins" comes from.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
thanks for the advice and rules presented, it is true that forex trading is a long-term business we do not have to be a sprinter and will be fast off the track as well, but be a trader like marathon runners who will long survive in the forex business all disciplines must
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Discipline in forex trading means - you have to accept that you are going to need to act in a way that would normally be seen as acceptable in everyday life. People find this hard to do and some explanation will make this clearer.
Discipline is hard because it sets us against the market on our own and makes us responsible.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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