Most traders fail because of no discipline! | Page 22 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Why most 'traders' fail 12 replies

Top Reasons Why Most Beginner Traders Fail 64 replies

The Miracle of Discipline, by Rob Booker 18 replies

Average system + great discipline =great results? 44 replies

Why Traders Lose Their Discipline 2 replies

Attachments: Most traders fail because of no discipline!
Exit Attachments

Most traders fail because of no discipline!

  • #421
  • Jan 30, 2017 6:36am Jan 30, 2017 6:36am
Quoting Shabs19
Membership / Trader Code of Conduct The best traders approach the markets professionally, apolitically, amorally, waving no flag this is generally how Forex Factory members are expected to conduct themselves on the website. The following code of conduct should be observed by members throughout their interactions on the website. Members who persistently or severely break the code of conduct may have their membership revoked. I. Focus on trading Forex Factory is focused entirely on...
Rule number 6 is 90% of people on FF
  • #422
  • Jan 30, 2017 6:41am Jan 30, 2017 6:41am
Quoting WolGod
{quote} Who said im a new trader? Im an auction and volume specialist. These two things will never change its how a market goes up and down. Add to that i am a news and economist specialist. Im just finding it amusing people here still dont understand how markets work. i repeat no one will ever make 5x their drawdown consistently EVERY WEEK for years on end. No one. When in reality you should. Making 20:1 one week then having a loss the next week isnt trading its gambling. Im not the begginer it would seem with your lack of understanding intraday...
sorry , i could not know you are a specialist, when you write so much mistakes and sound like a beginner, maybe you are not the smartest specialist. possible.

you are the first one, i ever met, who told the people his method is the only one possible to earn money. and many many know your are not correct and know allone from this you are a troll.

and its not nice to fake a specialist, when you dont know basics. at least try to understand that you have many thinks to learn , then judge it. i corrected so many of your mistakes, sounds you have discipline but not in trading, more in writing same again and again.
  • #423
  • Jan 30, 2017 6:43am Jan 30, 2017 6:43am
LOL no bickering? Boring.
honestly just trying to help.
kids you want to learn about volume and auctioning of price and trade with sentiment. Muxh more out start thinking about what values your market not bloody stcohs renkos and crap. Youll never make consistent money and if you do, it wont be much due to terrible leverage from your risk (that means stop loss kids)
  • #424
  • Jan 30, 2017 6:46am Jan 30, 2017 6:46am
Quoting dukas_trader
{quote} sorry , i could not know you are a specialist, when you write so much mistakes and sound like a beginner, maybe you are not the smartest specialist. possible. you are the first one, i ever met, who told the people his method is the only one, possibel to earn money. and many many know your are not correct and know alone from this you are a troll.
LOL you dont understand what im saying so you then call it a mistake? Classic.

ive tried to help you but you want to believe in only daily charts and fibs and stochs then so be it.
No doubt youll make some money 1:1 a month is a waste of time
  • #425
  • Jan 30, 2017 6:48am Jan 30, 2017 6:48am
Quoting WolGod
{quote} Spoken like a true retail sucker. noise? No such thing. its called accumulation / valuing higher/lower / exhausting - this is all happening while you retailers go ahh its just noise let me check stochs and macd. without volume analysis and fundamental sentiment or bias (understand the difference) then youll never understand the market and always feel like ya guessing with 60% probability (at best) when infact the tools are there to trade at 99%.
Putting others down does not raise your value in other people's eyes.
Rather than hurling insults, open your own threads and show the world, step-by-step, how you trade profitable.
A refusal to do shows your true colors.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #426
  • Jan 30, 2017 6:53am Jan 30, 2017 6:53am
Quoting Albertfxx
firstly, discipline is important. Second, you have to have patience; if you have a good trade on, you have to be able to stay with it. Third, you need the courage to go into the market, and courage comes from adequate capitalization. Fourth, you must have a willingness to lose; that is also related to adequate capitalization. Fifth, you need a strong desire to win.
Well said.
I would add to #2 a trader needs to have patience to wait for entry and exit.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #427
  • Jan 30, 2017 7:02am Jan 30, 2017 7:02am
Quoting TooSlow
{quote} Well said. I would add to #2 a trader needs to have patience to wait for entry and exit.
you need to know when to trade, and more important when not to trade. experience by mastering the own system is the key by using it more and more and over the time, the often coming common pattern you can trade very easy and unseen pattern you learn to trade or avoid or trade with reduced risk.
  • #428
  • Jan 30, 2017 7:08am Jan 30, 2017 7:08am
Quoting WolGod
{quote} LOL you dont understand what im saying so you then call it a mistake? Classic. ive tried to help you but you want to believe in only daily charts and fibs and stochs then so be it. No doubt youll make some money 1:1 a month is a waste of time
you are really not the smartest, i help you again. ( and again and again ). i told you i trade 1 min till monthly chart, do you really dont know that this is : 1 min, 5 min, 15 min, 1h, 4h, daily, weekly, monthly chart? you speak only about daily chart because you really read what you want, not what other teaching or telling you. thats why you never ever cant understand basics told you, and you never can call you specialist again, you are special, but in some crazy kind.
next i trade naked chart, why you speak about stochs ...... . learn to read please, or i cant even help you any more.

and you dont need to help me, you never did (all you told me was wrong or with no information), only i did correct your mistakes till now, so learn bether your basics again.

and by the way, if someone makes 1:1 per month win : drawdown is 12:1 per year, i call this a very good trading system. you really even dont know whats good or bad, because you dont trade really. can someone from the other people tell me if 12:1 win/drawdown per year is an useless trading system and a waste of time, like WolGod is writing all the time? this i would really like to know.
  • #429
  • Jan 30, 2017 7:16am Jan 30, 2017 7:16am
Oh God i love these guru's debates !!!
Love you all <3
Move on......
  • #430
  • Jan 30, 2017 7:20am Jan 30, 2017 7:20am
Quoting dukas_trader
{quote} you are really not the smartest, i help you again. ( and again and again ). i told you i trade 1 min till monthly chart, do you really dont know that this is : 1 min, 5 min, 15 min, 1h, 4h, daily, weekly, monthly chart? you speak only about daily chart because you really read what you want, not what other teaching or telling you. thats why you never ever cant understand basics told you, and you never can call you specialist again, you are special, but in some crazy kind. next i trade naked chart, why you speak about stochs ...... . learn...
12:1 is horseshit. UNLESS you are moving $100m of course. Then thats a different game BUT for retail money 12:1 a year is horseshit. Thats what ive been trying to say!! I make 5:1 a week. YES A WEEK. And if you know how to trade this is possible.
what you make? 6:1 a year I bet. You trade all these markets on every timeframe why? Overexposure same world environment anyway. Unless you are moving $100m account which no way you are. Its $1m account right? No excuses.
  • #431
  • Jan 30, 2017 7:24am Jan 30, 2017 7:24am
Quoting anax
Oh God i love these guru's debates !!! Love you all <3 Move on......
Just entertaining the masses. Trying to help but everyone loves fibs, waves, auto systems, renko, macd and stochs so much they just have a need to throw money down the toilet. Trying to save you lot.
  • #432
  • Jan 30, 2017 7:31am Jan 30, 2017 7:31am
Quoting WolGod
{quote} Just entertaining the masses. Trying to help but everyone loves fibs, waves, auto systems, renko, macd and stochs so much they just have a need to throw money down the toilet. Trying to save you lot.
I love rsi also !!! I'm addicted
Save me lord <3
  • #433
  • Jan 30, 2017 7:37am Jan 30, 2017 7:37am
Quoting anax
{quote} I love rsi also !!! I'm addicted Save me lord <3
ok ill try
1. Why do you like rsi?
  • #434
  • Jan 30, 2017 7:45am Jan 30, 2017 7:45am
Quoting WolGod
{quote} ok ill try 1. Why do you like rsi?
What do you mean by "why"?? I haven't thought about it. I'm a noob !
You tell me why i shouldn't.
  • #435
  • Jan 30, 2017 7:48am Jan 30, 2017 7:48am
Quoting WolGod
{quote} 12:1 is horseshit. UNLESS you are moving $100m of course. Then thats a different game BUT for retail money 12:1 a year is horseshit. Thats what ive been trying to say!! I make 5:1 a week. YES A WEEK. And if you know how to trade this is possible. what you make? 6:1 a year I bet. You trade all these markets on every timeframe why? Overexposure same world environment anyway. Unless you are moving $100m account which no way you are. Its $1m account right? No excuses.

a just beginner like you, with mistakes in many sentences, by privat talking with many mistakes in understanding, dont knowing about turnovers, knowing nothing about true market,... saying has 5:1 each week ,telling me, you are more then a troll.

you are then in 1 year the most rich man in the world. i even cant think about you are 1/1000 of me, but now you are 1000 times bigger. just amazing, and this all without any skill and knowledge and this big gaps in trading behavior and only using volume and opening interest that dont work this kind in currencies ( i know you cant know because you dont trade, you only wantr to sell later your strategy because anybody shall win with it, you diont need the money :-)). amazing. at least you are good for many jokes. ;-)

now is the time, you will show some accounts prepared with demo accounts or small money, to show some big winning weeks (by opened 100 accounts and only showing the best). i only wait for it :-).
  • #436
  • Edited 8:04am Jan 30, 2017 7:51am | Edited 8:04am
Quoting WolGod
{quote} Just entertaining the masses. Trying to help but everyone loves fibs, waves, auto systems, renko, macd and stochs so much they just have a need to throw money down the toilet. Trying to save you lot.
Show us what you got, WolGod. I think you are a legend in your own mind.

TOP DEFINITION

legend in one's own mind
It is a person that exaggerates their self importance. These people like to boast or brag about their achievements, positions and accomplishments. Often seen as drama queens, blowhards and egomaniacs. These people like to inflate their credentials, but in reality they're not that important.
  • #437
  • Jan 30, 2017 8:10am Jan 30, 2017 8:10am
Quoting dukas_trader
{quote} a just beginner like you, with mistakes in many sentences, by privat talking with many mistakes in understanding, dont knowing about turnovers, knowing nothing about true market,... saying has 5:1 each week ,telling me, you are more then a troll. you are then in 1 year the most rich man in the world. i even cant think about you are 1/1000 of me, but now you are 1000 times bigger. just amazing, and this all without any skill and knowledge and this big gaps in trading behavior and only using volume and opening interest that dont work this...
300-500% of risk (2% max.) each week.
ill be back with this data in 2 months.
then i want 100k from each of you. Youll be throwing money at me. I will be the best trader controlling under $15m in the world.

Anax - forget indicators about price action itself. Think how silly that is. Go and learn about volume profile. Number 1 tech tool. At the same time learn about interest rates and all the news announcements how they relate to each other. Very first steps
  • #438
  • Jan 30, 2017 8:22am Jan 30, 2017 8:22am
Quoting Boulder
{quote} ... legend in one's own mind It is a person that exaggerates their self importance. ...
Just in between you and me, do not tell anyone, after 42 years of wandering and searching, about me, now i finally know what I am! I am a legend in my own mind! That's it! My life's riddle is now solved, thanks to the FF forum! Love you all! IamaLEGEND!
Maadik Hugiis. IQ 69.
  • #439
  • Jan 30, 2017 8:46am Jan 30, 2017 8:46am
My own view is that the more complicated you make your trading method, the more difficult it becomes for you to follow it and then discipline to follow
the method becomes difficult, if not impossible.
You must have a simple trading method that keeps discretion out and gives you a definite long term trading edge that is worthwhile enough for you to pursue.
There are many, many ways to trade, find one method that suits your own personality & risk profile.
It never gets easier, you just get better
  • #440
  • Edited 10:27am Jan 30, 2017 8:59am | Edited 10:27am
Quoting WolGod
{quote} 300-500% of risk (2% max.) each week. ill be back with this data in 2 months. then i want 100k from each of you. Youll be throwing money at me. I will be the best trader controlling under $15m in the world. Anax - forget indicators about price action itself. Think how silly that is. Go and learn about volume profile. Number 1 tech tool. At the same time learn about interest rates and all the news announcements how they relate to each other. Very first steps

ok . show the account number before or you are more or less a faker. opening 100 accounts and showing profits after was done, i only belief you when there is 1 mio or more on a live account. so dont even try this way. useless trading results are useless.

and by the way. you need 100k, thats a joke or? this is to earn in 1 month, when you need this less money, you are really not the tader you telling all the time.

at least you need now no new posting until you reach yours goal or posted the account number. when you tell the account number and investorpassword a demo account is enough. if you will tell the account number later, then forget all you told us all the time, you are the big mouth like all think you are. and dont even think about arbitrage, martingale..... or other cheating demo account trading systems. i will be impressed if you reach your goals, its most easy for your with your words, and so with demo account no risk for you.
i know that in demo account your chances are much higher to receive high results, no higher spreads for higher trading volume, all times best executions, no slippage,..... but so try at best situations. when there are trades inside news gap or arbitrage systems ...... offcourse demo accounts are useless and you need live account.

by the way, you will back after two month with this data. and why, because you are new in trading, never did some trades and you dont have a history data? hmmm, a little bit bad sentence from you. being back with account told allready from starting, thats ok. but it dont looks like you had this in mind, more faking results in best way. on the end you will even present a martingale or arbitrage demo account ;-).
2 traders viewing now