Discipline for successful trading

  • Thread starter Thread starter Rambo35
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Rambo35

Confirmed PaxForex Representative
Apr 22, 2013
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Disciplined trader is successful trader. Maintaining control and discipline in trading is the key to successful trading. Successful traders have a trading strategy and trading plan which they follow regardless of developments. How long did it take you to become a disciplined trader or are you still in the process?
 
I asked my friend to program me an EA according to my trading strategy
Now the EA helps me to keep my emotions under control. Sometimes I also trade manually.
 
Trading should be done with full discipline and trading plans are important factor in trading which leads the trader towards success and improve their trading knowledge and experience.
 
I asked my friend to program me an EA according to my trading strategy
Now the EA helps me to keep my emotions under control. Sometimes I also trade manually.

That is great, having a good strategy and personal EA it is great idea.
 
I asked my friend to program me an EA according to my trading strategy
Now the EA helps me to keep my emotions under control. Sometimes I also trade manually.

You did the right thing. Before thinking of using any EA, a trader must have a strategy to implement. EAs also help ease the stress that comes with trading.
 
Discipline is very very important for trades. It is some thing that is equally required to have by expert traders as well as newbie traders. Even if an expert trader fail to maintain discipline he will likely to start losing money.
 
Discipline in Forex is very important and plays a vital role towards success if trading is done with proper discipline. Trader should make a good plan and then follows it with discipline to get positive results.
 
I think discipline is the most important key in every work because it gives us abililty of moving on if we work hard with a discipline we can easily change all the thing which is difficult for us.
 
Indeed discipline is very important in trading, especially in decision making process, when it's easy to make mistake
 
I would say without out discipline there is no trading success. One has to control Greed and fear to be profitable and you need to develop discipline for that.
 
Discipline is very important in every field of work and also in Forex trading. we should always trade with discipline . If we work with discipline then trading will be easy for you.