Discipline of mind is the key to successful operation.

[Morshedul]

Discipline of the mind is one of the key factors in forex trading's success. Everyone should follow this. Without the discipline's you can get success in forex. To control emotions, greed, you need to be disciplined.

[simo424]

yes ofcourse i totally agree with you the discipline is very important for successful trading A good forex trader should be discipline and avoid greed which is main reason why many traders fail

[djmixsamo]

with the discipline in forex trading business you must have keep patience while trade in forex trading b usiness. and it is the way of success in forex trading business. and discipline is very helpful to earn profits in forex trading business. so, must keep patience in forex trading business.

[symoon24]

In my opinion, your theory is right but difficult to apply in daily forex trading. to many factors that can influence the trader to do analysis and make the decision as a condition of emotion...

[sasa0220]

Decipline is one key factor to become successful in trading. you need to stick to your trading strategy without giving way to your emotions. keeping recode of your trades is also a good habit. you should control your greed as it is one of the most dangerous emotions in forex trading. Using stoploss is very important thing as it is the safety machinism you have from a big loss

[pkdoo7]

well agar app discipline se kam karte ho tabhi is trade main khush rah paoge , main to kahta hoon trend ke sath bhi flow mat ho aur apne usoolon per kayam raho aur apne system se hat kar kam mat karo tabhi aap is kam main kuchh pa sakte hain.

[ishvara]

yes i agree discipline of mind is very important for successful in the business, because if we break our rules and plan the chance of loss is also high so must follow the rules that we are set and working on it..

Yes to lacking disciplined in taking forex market decisions is not a very good idea in forex exchange trading business. I personally try my best to apply a high level of discipline at all times when i trade forex so that i can make more competent trading decisions.

[lokhnath]

One has to have a calm , patient and disciplined approach in trading and has to lay down certain do's and dont's while trading.Only a trader with proper discipline can achieve success in this trade which includes stop loss , take profits and proper entry and exit levels.

I agree that traders should follow bound protocols. they have to be disciplined. commerce while not rules can result in trade while not plans and smart ways that isn't healthy to any traders. And keeping patience is additionally a awfully vital issue that every one the traders should develop in themselves.

[hedging]

It can also lure you into greatly increasing your position size after a long series of winning trades - in direct violation of the parameter set by your money management system (percent risked). The pride is similar to the greed in that it forces the trader to commit the same digressions from their trading systems.

[ku_lock]

yes it's true, but it also disciplines the mind that will make us always in control emotions well. so I am sure that such a trade would make us will not experience excessive losses in forex trading. but it also makes us more regularly in forex trading. So I think every trader should train themselves to be a disciplined trader.