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Additional Username
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Joined Dec 2018
|161 Posts
Different people use different channels for success in Forex trading, but discipline remains key to every trader. There are traders who read a lot and have years of experience but they still don't thrive because they lack the discipline to stick to their trading plans and strategies
Different people use different channels for success in Forex trading, but discipline remains key to every trader. There are traders who read a lot and have years of experience but they still don't thrive because they lack the discipline to stick to their trading plans and strategies
Ignored
Agree your statement on discipline; really it’s a great habit that we all traders need to acquire. Without enough discipline; the path is messy.
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Additional Username
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Joined Mar 2016
|641 Posts
discipline is the key to success at any work particularly when trading , generally we believe only good knowledge and experience can bring good result but practically despite of exact knowledge thats not possible at all to make profit consistency without having discipline when trading.
Being disciplined and understanding the importance that mindset plays in success was a pivotal point for me. Both of which you never stopping developing.
Ignored
Well said; having a clear mindset is really important; that’s why I am doing mediation in regular basis.
Personally, really understanding the markets you trade in. Instead of just viewing numbers try to delve in the actual market structure, it's participants, how the product works and so on. It adds another dimension that just really helps when predicting price action.
Also, ignore news. My opinion but it's a waste of life.
Humans are naturally hardwired to avoid and detest uncertainty.
Personally, really understanding the markets you trade in. Instead of just viewing numbers try to delve in the actual market structure, it's participants, how the product works and so on. It adds another dimension that just really helps when predicting price action. Also, ignore news. My opinion but it's a waste of life.
Ignored
Ignore news- means avoid news session or anything else? Thanks in advance.
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Joined Apr 2018
|459 Posts
sounds good really that demo worked in your trading career , by the way the experience you took from demo , how much worked it when trading in a live ?
Demo trading is always helpful, it is in fact one of the biggest asset for any successful trader so anyone who wishes to become successful in future should not ignore the importance of demo trading.
