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    Thread: Rules of Trading Discipline (Part 8)

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      Post Rules of Trading Discipline (Part 8)

      Quote Originally Posted by azizur     
      Yes, Always maintain Rules of trading Discipline other wise you never get success. A good Forex trader always follow rules and regulation. It is helpful for do trade in Forex market. Otherwise it is impossible to continue in Forex trade. Because really risky business.
      disipline is a key to maintain consistency in profit making. without discpline, traders might lose the profit they just made. they also may find difficulties to measure how far progress they got so far. if they can have strong discipline, they will be able to make improvement in daily practice and know how to fix any problem they got


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      Quote Originally Posted by Tarek     
      Quote Originally Posted by lordtrader View Post
      DONíT WORRY ABOUT NEWS.
      yes we maximum beginner traders make loss for our confusion. i usually trade with my technical analysis because i have no proper knowledge about news trading.i opened my trade according to my technical analysis but after visiting the forex news site , i closed my trade with loss and opened another trade according to news but market moved towards my previous position and i lost my capital.


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      Quote Originally Posted by diaislambd     
      yes we maximum beginner traders make loss for our confusion. i usually trade with my technical analysis because i have no proper knowledge about news trading.i opened my trade according to my technical analysis but after visiting the forex news site , i closed my trade with loss and opened another trade according to news but market moved towards my previous position and i lost my capital.
      Whoa!That was pretty bad...!

      Hence,the need for discipline & patience

      We have to have good mind to discern overriding our strategies & skills

      Hope good

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      There are various rules to success in Forex trading and every trader most keep to the rules alway if you want to be and remain a succesful trader. rules like learning the business thorougly, don't trade when it is not necesary and learning from past mistake should not be joke with.


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      i think that follow to trading rules and discipline is very important because it is the road for the success of forex trading business so every trader want to success of forex trading business then need to follow to trading rules and discipline .


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      thats my main problem.. I am not a disciplined kind of guy.. I always like to keep pending my task for tomorrow.. and after days I always have a lot of work to do in the shortest amount of time... maybe this is why I am still stuck in the same position for years.. everything about forex must need to go through in a planned manner.. otherwise you will be doomed..
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      As we know in forex, there are many rules either the once step up by others, or the once you set for yourself. But understand that before discipline works, there needs to be a plan on ground first.


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      Quote Originally Posted by fxcopa     
      As we know in forex, there are many rules either the once step up by others, or the once you set for yourself. But understand that before discipline works, there needs to be a plan on ground first.
      it's true, there are many rules in forex, as forex is not an easy job, a lot of things that have to be set, one of which is planning and strategy, if we have to have a strategy and plan, that's what we run with discipline and we have to follow all the rules.


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      yes we must always follow rules while trading in the forex market because if we fail to follow rules then we would not like it when the market punish us for that reason and when a trader follows the market rules religiously he is only doing himself a world of good because the forex market will always pay him for doing that.


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      Quote Originally Posted by motiurbd     
      thats my main problem.. I am not a disciplined kind of guy.. I always like to keep pending my task for tomorrow.. and after days I always have a lot of work to do in the shortest amount of time... maybe this is why I am still stuck in the same position for years.. everything about forex must need to go through in a planned manner.. otherwise you will be doomed..
      same with me bro, i also difficult to dicipline with my trading rules so its make me stuck in the same position untill right now. its difficult to for me to control emotion and greedy so its make me can dicipline and then make me lose all money bro


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