Will an impatient trader become successful?

[IVBrokers]

Apparently, impatient traders will never come up with a good analysis or trading decisions. They will be easily think of their trades and will not be careful in many factors. A good trader always have lots of patience about the market, waiting for the right time they will place their trades.

I think so, they may looking for holy trail for get the successful of their trade. actually at forex trading, we must follow the rules if we want to get it. we must follow the process. because it, we will find what we want at forex trading world.

 

[gabanda]

patient will benefit us, therefore we have to wait to be able to start trading. Forex is a business that has a lot of risk, so for us to be successful in forex then we need to minimize the risk of forex properly. patience will allow us to determine when it is appropriate to make an order

 

[sininfinity]

There is a very low chance for an impatient trader to be successful. The trader would most frequently take trades in haste for which the outcome may be bad for that trade.

 

[gabanda]

impatience would make we can not produce the maximum profit. therefore, we need to be able to practice patience. prices will always move with uncertain so we need to wait to determine the right time to enter and exit the market

 

[sininfinity]

impatience would make we can not produce the maximum profit. therefore, we need to be able to practice patience. prices will always move with uncertain so we need to wait to determine the right time to enter and exit the market

Yeah. Market won't move with certainty so we need to wait for the right time to enter the market. If one can not stay in front of the charts then they can utilize pending orders and also there are many other options for a trader. Impatience is not one among them.

 

[kxforexmart]

Each and every trader have to be patience so that they can deal with any market situation because when we are patience ,we can keep our mind cool and calm and like that we can make good success rate

 

[Faal]

If you want to be successful in Forex trading first of all you have to make sure the best trading platform which always ensures security of funds , lowest trading spreads , low transaction cost , easy withdrawal system without long time process, active customer services and much more real trading facilities that are very supportive to lead a comfortable trading life with certainly

 

[kxforexmart]

If traders can develop patience success can definitely come in their trading career and for that they should get the positive attitude so that they can sheds off the impatience factor and target to hit the dream points.

 

[William]

Impatience - is one of the mistakes of both newbies as well as more experienced traders, because many mistakes happen because of it.

 

[Runo]

Logic tells me no, that can't happen. But still there are exceptions to the rule, I even know one such trader. Can't say that he's a millionaire, but he gets his 65% a month.

 

[Kuznec]

I will say more, an impatient person will not succeed in anything.

 

[Lee Mark]

We all are trading here for making money! But, the reality is only 10% Forex traders can make money by trading! Basically, only pro traders are successful! It’s a knowledge based profession; so new traders should concentrate on their learning process rather than earning.

 

[Anderson]

No it is npt possible to be successful if you are not patient. You are wrong. Patience is a virtue. It can be achieved. It's not that a person who is impatient can not be patient. Human mind can be reprogrammed. You need strong determination and the method of reprogramming.

 

[Svetlana Loboda]

Among the virtues needed in a potential trader is patience. A lot of time, I hear people re-emphasize on it as if an impatient person can't trade well. Of course there are impatient people who are just successful in their areas of endeavour. This is a quality that is found in some people, they are born with it and it's always difficult to overcome. Such categories of individual would hardly agree to go into Forex if they know they can't fit in well. But to me, determination and desire to learn play a greater role. One might just be patient but without any reasonable move to improve his status thereby spending greater part of his time doing nothing. Do you think an impatient but determined individual can be successful in Forex?

Well; suppose we are making 10% monthly profit here from the 1st month of trading; and till now you are with the same ratio! No improvement actually; it’s not called success! You are not updating yourself! Besides; patient is a very important parameter here!

 

[Richards]

Forex is not for impatient people. It will take more than one month or even a year to clearly understand their actions and also get profit. Well, by the way, not all even in a few years can achieve this, someone cannot do that.

 

[sininfinity]

Each and every trader have to be patience so that they can deal with any market situation because when we are patience ,we can keep our mind cool and calm and like that we can make good success rate

Agree with you. Traders should not take emotional decisions and every decision he or she takes should have rational explanation. Then the chance of success increses.

 

[Derzi]

In general, if a trader is smart enough and he can keep track on time as well as control his emotions, he will indeed meet a success on the market. Emotions play an important role in trading.

 

[Kuranis]

I don't doubt it, but everything may happen. Sometimes people may just be lucky or discover a talent for trading one of a sudden, so they become successful traders, even if they don't have any [patience at all.

 

[Tom Latham]

No it is npt possible to be successful if you are not patient. You are wrong. Patience is a virtue. It can be achieved. It's not that a person who is impatient can not be patient. Human mind can be reprogrammed. You need strong determination and the method of reprogramming.

I know a trader, who started from the zero level and he is a pro trader! So, nothing is impossible here since knowledge is the key.

 

[trauton]

Patience is very important in trading for everyone who came here for trading. When they suffer from loss they lose their patience and become panic. They try to recover the loss in a hurry and also they are the greedy persons who come here thinking that this is similar to the gambling.