Mistakes to avoid for beginners / Lack of Discipline.

[sagulcuy]

as beginners we should have or make our own money management tools and cocook with our style at forex trading ..... by having good money management means we have our own rules for making the decision to open the position and the rules we take target point and stop loss placement that clear ..... all that we do for us to be disciplined .... and all the rules that we do not lnggar ..... and we have to be disciplined and consistent with the rules that we make it. ..

[Redcandle]

Yes, impatience is the key of success in forex trading. I agree with you. Sometimes, to wait for an enter position, traders must wait for all their conditions process and may be it takes them all day if the market is in sideway. In this situation, hurry can come, and if traders do not have patience, they enter wrong position, they will lose.

[muna1982]

disciplined is the main key of successful life. but newbie can not trade with disciplined from the first time. they made some mistake and fall in loss when they trade for first time. ****ually they understand how to trade and how to be disciplined.

yes, in forex trading discipline is crucial and it is the way of become successful. i think every one in forex have give up our hope of profit but have to make ourselves punctual and follow our trading discipline then we can do more better than we are doing now. the first rules we have to follow that we must select a lot size which is appropriate or some lower profit giving according to my capital. if we do small profit it is better than to loss our account using big lot size. so we have to think that we have to survive in all market price then profit will come with time in the account.

[featurelion]

jee bhai jeetna bhi new traders hein un mein discipline ka problem hota hey, woh jab bhi market uper ya neechay dekhtay hein to entry ker detay hein beghair koi confirmation liye entry kertay hein or loss kertay hein

[ntoed]

if you are disciplined in your trade then its your strong point to earn profit because you can follow the rules of trading and you can make a plan for good trade and follow that plan. lack of discipline is one of the main reason to fail in trade.

Discipline it is the key to successful in trading forex market. it very important to use proper money management and plan with discipline and avoid to be greed. forex is risky, we need to be patience to wait so the plan will work and we have to learn from our previous mistake.

[patotcho]

if you are disciplined in your trade then its your strong point to earn profit because you can follow the rules of trading and you can make a plan for good trade and follow that plan. lack of discipline is one of the main reason to fail in trade.

[Bocah]

when we lack of disiplin in forex trading is very danverous.because when we not dissiplin in our trade same with use our emotions and greedy inside forex

[Lyubov]

Of course, a trader shouldn't have a single plan to depend on each times he/she opens a trad, there must always be a plan B or even C in order to survive.

Some times you just have to follow you intuition.

For me Discipline does not mean anything if only in writing, the discipline needs to be realized in the form of actions and behavior. As a forex trader, should also be disciplined to obey the rules set by self or broker. Obey the rules of trade, will lead to obtaining profit, so, the discipline here is obey the trading rule and the rule broker.

[M0uH]

Of course, a trader shouldn't have a single plan to depend on each times he/she opens a trad, there must always be a plan B or even C in order to survive.

Some times you just have to follow you intuition.

[hpanoo]

yes this is true. emotions can vanish our abilities and lead to the failures. i think it is hard to have this emotional control at the beginning of our trading life. as newbies they have a less control in emotions and that is the main reason for losses. but by having more trading practice we will be able to identify our faults and y that we can have good control over emotions.