Patience is important?

[The trader]

Patience is important, I do agree. But more important is trading discipline. Without real trading discipline that’s not possible at all to lead a successful trading life with certainly in spite of having most powerful analyzing trade knowledge.

 

[LorrainMor]

Endurance frequently pays off for every trade. As the market nature is uncertain here we traders need to give complete attention on how he can make decisions carefully not being impatient. Rather a trader needs to give sufficient time on decision making process after recognizing the potential of each trade. Traders must know how to work with proper trading methods that can help him to make use of his skills and knowledge.

 

[Chionao]

It's more important than anything else, how can you even put doubts here. You can borrow money for trading on forex and crypto, but you will probably never get another nervous system instead of your current one, see my point here? You should be calm in hard trading moments.

 

[lioneld]

It's more important than anything else, how can you even put doubts here. You can borrow money for trading on forex and crypto, but you will probably never get another nervous system instead of your current one, see my point here? You should be calm in hard trading moments.

Yes mate; I got your point! And of course, you are right! Patience is one of the most important pillar here.

 

[Anderson]

Patience in trading in the long run pays off as it enables you to sit back a bit and sit tight for the correct trading setup. Most traders are excessively excited, making it impossible to bounce in and trade at whatever point any open door emerges. This is likely because of our human instinct and the enthusiasm to make a "speedy buck". Yet, in the event that there is one thing that guarantees a high likelihood of winning, it is having the tolerance to handle all the essential data before you trade.

 

[lioneld]

Well; good entry points are not available here & there! So, you need to wait; there is no alternative option!

 

[Faal]

beginners not willing to serious in demo , no emotions and real money in here for that , so they can participate in demo trading contest. its minimum better than as usual trading .

 

[Andrew McCalam]

it is more appropriate to go through the school minimum 2-3 times , but newcomer just finished school rapidly and kick off a live account. this is not good.

 

[Smash Fun]

Forex trading is not that easy otherwise everyone would be succeeding and making tons of profit. This is not the case. Most Forex traders lose money at first until some figure out how to learn from their mistakes.

 

[lioneld]

It’s mandatory! Forex is not an easy way of money earning so, new traders need to verity their trading skill 1st before investing their money!

 

[Andrew McCalam]

its difficult to recommend at any business with no knowledge , its better to you discuss more about your local environment.

 

[Andrew McCalam]

Patience in trading in the long run pays off as it enables you to sit back a bit and sit tight for the correct trading setup. Most traders are excessively excited, making it impossible to bounce in and trade at whatever point any open door emerges. This is likely because of our human instinct and the enthusiasm to make a "speedy buck". Yet, in the event that there is one thing that guarantees a high likelihood of winning, it is having the tolerance to handle all the essential data before you trade.

That’s nice. Thank you. It can be supportive for avoiding unfortunate loss in particularly the market moves at random.

 

[Glen]

Being patient is the key. One irrational move and your funds are gone. One has to handle his/her trades with a lot of patience and discipline.

 

[lioneld]

if you want to make sure about this broker performance , i thnk its is more appropriate to ask same question in broker discussion , its will really support you to find ensure the good one from all.

 

[Andrew McCalam]

Without Stop Loss in Forex is like a condition a ship in a large ocean devoid of a rudder. So there is no way to ignore the importance of SL at all.

 

[Cooper Truebridge]

Trading with patience is very important. You do not trade with patience. However, you can wear many kinds of financial problems. For this, you have to maintain discipline and trade with patience. If a trader thinks that he will double his investment in a month, this kind of mindset trading is really risky. So you should always keep a long time target and trade. Then you can move towards success very fast.

 

[Alexander Hudson]

To make money from this market, you need to be very patient. If you want to become a successful trader in this market, patience is the main key.

 

[Kevin Vogt]

Patience is very important for trading. You need to wait for a good set up. Many traders open too early or too late. It happens because of fear of losing a trade. People also want to make quick money. They are not ready to wait to make gradual profit .

 

[Oscar Shumack]

Patience and discipline both are equally important to make money from this market. Without patience, remain disciplined is quite tough for a trader. So, both are equally valuable for making money from the forex market.

 

[Alicia Lynch]

Trading is a matter of patience. It is never possible to trade without patience. There are some traders who have not been able to make a profit by trading for a long time because they do not have patience. If you want to get success in trading, you have to move forward with a long time target. Because it is not possible to be successful in trading without patience.