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Why is short term trading so hard

  • #41
  • Oct 4, 2019 4:55am Oct 4, 2019 4:55am
Quoting 7Shun
Short term trading is kind of difficult since it has very strict parameters which many traders fail to adhere to, due to human error. For instance, if you get stuck somewhere and miss to place a trade, if you place the wrong trade, or If you sell instead of buying; you'll be bound to lose
That is why discipline and focus are considered the most important factors to master short term trading.
  • #42
  • Oct 29, 2019 7:31am Oct 29, 2019 7:31am
Quoting Andrewbrown
{quote} That is why discipline and focus are considered the most important factors to master short term trading.
Yes. Discipline is the key.
  • #43
  • Nov 2, 2019 4:11am Nov 2, 2019 4:11am
Quoting Teotrader
{quote} Yes. Discipline is the key.
Can you tell how do you maintain discipline?
  • #44
  • Nov 5, 2019 4:51am Nov 5, 2019 4:51am
Quoting Teotrader
{quote} Yes. Discipline is the key.
Discipline, combined with patience, for me.
  • #45
  • Nov 11, 2019 12:41am Nov 11, 2019 12:41am
Discipline equals increased profits. It is very important to know when and when not to trade.
  • #46
  • Nov 12, 2019 12:21am Nov 12, 2019 12:21am
Quoting Zenotrade
{quote} Can you tell how do you maintain discipline?
You cannot be taught Discipline. You become a Disciplined Trader through pain. But how to be profitable is easy.
When you see it, BET big.
  • #47
  • Nov 13, 2019 3:49am Nov 13, 2019 3:49am
Quoting Zenotrade
{quote} Can you tell how do you maintain discipline?
Trade with a plan and never let greed affect your strategies, that way you will be able to maintain discipline while trading according to me.
  • #48
  • Last Post: Jan 4, 2020 7:10am Jan 4, 2020 7:10am
I think that difficulties with short-term trading arise precisely because you need to make decisions too quickly and not always a person can immediately figure out how to act right now. Against this background there is panic, a person loses the thread of reasoning and can take some rash or stupid step. Another disadvantage is that if you are working on the news, for example, the price may simply not reach the mark that you expected in a short period of time. Or there will be too strong a gap that will throw you off the market. It is quite difficult, it is worth admitting, but on the other hand, if we are talking about forex, then you can fundamentally change your strategy here, even if you are limited in time and trade in a more relaxed format.
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