For trading discipline is a must

Jan 03, 2021 at 07:21
1,157 Views
19 Replies
Member Since Jul 19, 2020   751 posts
Jan 03, 2021 at 07:21
For trading discipline is a must. Without discipline surviving in the market is not possible. No matter how great strategy a person has. It won't help him for long if he is not well disciplined. There are many traders who are good analyst but can't make profit due to lack of self discipline.
Member Since Jul 19, 2020   788 posts
Jan 04, 2021 at 01:08
It is not possible to go ahead in trading without discipline and plan. Every trader should maintain discipline.
Member Since Nov 26, 2020   18 posts
Feb 02, 2021 at 05:04
Yes, trading with discipline in an important factor. Every trader should have the right mindset for it. This will help them avoid making hasty decisions.
Member Since Nov 19, 2020   104 posts
Feb 02, 2021 at 06:40
Trading done without a disciplined approach, would hardly bring any good profits to a trader. Its a must that we plan our trades well and trade with utmost discipline and organised way as much as possible.
Member Since Nov 26, 2020   17 posts
Feb 15, 2021 at 09:47
lurescrand posted:
That’s very much true. Some traders don’t take this thing seriously but discipline and a stable mind do impact your way of trading.
I am glad that discipline and stable mind are being given importance in terms of trading. Else people don’t even bother to talk about these two things. If one person is making a good strategy with utmost discipline and being consistent with what he thought of, can certainly bring good profits to him. My approach is very clear that whatever be the situation, I have to keep myself calm so as to not end up making wrong decisions in trading. All of my strategies and trading is done through fxview and etoro. I find their interface easy on the mind and eyes that ultimately help me.
Member Since Jul 27, 2020   103 posts
Feb 15, 2021 at 11:05
lurescrand posted:
That’s very much true. Some traders don’t take this thing seriously but discipline and a stable mind do impact your way of trading.
Could not have said better, as i said earlier, trader tend to jump to conclusion quickly after hearing that you can make money but what they are missing out is that there is no quick way to gain bucks, you will need lots of discipline and determination to trade.
Member Since Jul 19, 2020   298 posts
Feb 17, 2021 at 11:42
There is no alternative to discipline. All successful traders has one is common which is they all are well disciplined in their trading. If you want to to be successful, you have to be discipline.
Member Since Dec 15, 2020   12 posts
Feb 23, 2021 at 04:30
Trading with discipline can be very good for a trader and they can also get better at learning and improving day by day.
Member Since Dec 17, 2020   20 posts
Mar 16, 2021 at 10:14
Yes, not a lot of traders can survive in the market without proper discipline.
Member Since Jul 23, 2020   869 posts
Mar 30, 2021 at 15:46
klosspiece posted:
There are so many benefits to trading with discipline that go unnoticed and yes, it is definitely very important for every trader.
True. The trader should be discipline to order to maintain the trading plan properly.
Member Since Jul 27, 2020   81 posts
Mar 31, 2021 at 07:48
You can believe that discipline is really very important in trading, and it gives us the ability to notice all the nuances.
Member Since Mar 17, 2021   536 posts
Mar 31, 2021 at 16:18
LyudmilLukanov posted:
klosspiece posted:
There are so many benefits to trading with discipline that go unnoticed and yes, it is definitely very important for every trader.
True. The trader should be discipline to order to maintain the trading plan properly.
Yes. Making money from the market mainly depends on the disciplined trading strategy.
Member Since Aug 27, 2017   994 posts
Apr 01, 2021 at 07:21
Leaning from own trading mistake is the best practice! But, we should try to complete our main learning process in the beginning stage of trading!
keeping patience.......
Member Since Sep 22, 2018   70 posts
Apr 01, 2021 at 09:34
100% agree mate,
Member Since Jul 23, 2020   759 posts
Apr 23, 2021 at 14:45
Adribaasmet posted:
Leaning from own trading mistake is the best practice! But, we should try to complete our main learning process in the beginning stage of trading!
I also agree. Learn from your mistake. Don’t blame the market for you mistake.
Member Since Aug 11, 2017   886 posts
May 03, 2021 at 08:42
as part of discipline Newcomers first of all have to observe some mandatory things if they want to lead a secure and comfortable trading life with certainly. Only good trading knowledge cannot bring success in this volatile trading place. Besides good trading knowledge we the traders have to make sure a reliable support from a credible trading broker, because the broker can affects the result of our trading with certainly.
Member Since Mar 28, 2021   617 posts
May 03, 2021 at 13:32
There is no alternative to discipline. Discipline is the most important thing in trading. Every successful trader has this quality. If you are not discipline you will make a lot of unnecessary trades. That's why discipline is important.
Member Since Jun 09, 2021   44 posts
Sep 18, 2021 at 05:26
Discipline is must for every trader to follow trading plans efficiently, without which there are less chances of making profits.
Member Since Mar 17, 2021   536 posts
Sep 18, 2021 at 20:13
marcusobrien posted:
Discipline is must for every trader to follow trading plans efficiently, without which there are less chances of making profits.
Yes. Discipline is the most important thing in this market.
Member Since Dec 28, 2019   25 posts
Sep 25, 2021 at 15:42
Discipline is the key to success. Even if you know the market perfectly well and your analyses are accurate and precise, you have fat chances of losing everything if you trade with emotions. Discipline is something which is essential for profits and psychological well-being.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.