Trading psychology : discipline
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Thread: Trading psychology : discipline

  1. #11
    Join Date
    Nov 2014


    Quote Originally Posted by trading_system View Post
    In forex trading, discipline means following your trading system rules strictly and precisely. Over 95% of forex traders lose, not because they do not have a good trading system or they have not learned the techniques. They lose because they fail to follow their trading system rules. They lose because they have no discipline. When you ask them about the techniques, indicators and systems they use, they explain very well, but when you ask them about their trading performance and whether they are profitable or not, you will see that they are not profitable yet.
    We must know that forex is not easy as we think. We must be discipline to get maximal result in forex. Indicator, trading analysis must be maximized wisely. We also must understand market movement so we will get maximal result.

  2. #12
    Join Date
    Jan 2015


    There are many characteristics and skills required by traders in order for them to be successful in the financial markets. The ability to understand the inner workings of a company, its fundamentals and the ability to determine the direction of the trend are a few of the key traits needed, but not one of these is as important as the ability to contain emotions and maintain discipline.
    The psychological aspect of trading is extremely important, and the reason for that is fairly simple: A trader is often darting in and out of stocks on short notice, and is forced to make quick decisions. To accomplish this, they need a certain presence of mind. They also, by extension, need discipline, so that they stick with previously established trading plans and know when to book profits and losses. Emotions simply can't get in the way

  3. #13
    Join Date
    Jul 2015


    In forex trading, the psychology is important in forex trading, with good psychology that will enable us to discipline. Discipline in forex trading is the important thing, to discipline the risk can be minimized by good. By using the demo account then we can practice trading discipline or by trying to trade using small capital

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Trading psychology : discipline