Will an impatient trader become successful?

[Kevin Vogt]

Truly most traders don't get success in forex. The reason is their trading decisions are not based on sound research and learning. They think forex is a cash machine. You trade and procure immense cash. They don't consider it as a business.

 

[Cooper Truebridge]

To be a successful trader you have to be patient. You can never make a profit if you trade without patience. And we have to work with trading policy. If you never manage to trade in psychology, you can't make a profit.

 

[Kevin Vogt]

To be a successful trader you have to be patient. You can never make a profit if you trade without patience. And we have to work with trading policy. If you never manage to trade in psychology, you can't make a profit.

To increase consistency, trading psychology is very important. In most cases, after a good profitable trade, people lose more due to poor trading psychology. Most traders do not focus on improving their mindset.

 

[Kazumu Fukunaga]

Over-trading is one of the reasons people lose money in the market. It's the emotions. They can not control themselves from opening unnecessary trades. Every trader should work on it.

 

[Cooper Truebridge]

To increase consistency, trading psychology is very important. In most cases, after a good profitable trade, people lose more due to poor trading psychology. Most traders do not focus on improving their mindset.

Of course, trading psychology helps a trader to succeed the most.

 

[miriamgriffin]

I don’t think it is possible. Forex trading takes time to show results. If you are too impatient, you will want to see results as soon as you start trading which is not going to happen. Consider it as a business that needs time and patience to set up if you are serious about it.

 

[Alicia Lynch]

The trader needs to be patient if he wants to be successful. If you are not patient, you cannot make a profit in trading.

 

[FXOpen Trader]

The trader needs to be patient if he wants to be successful. If you are not patient, you cannot make a profit in trading.

To be able to become a successful trader in the business of Forex trading we will need to use a Reliable trading based system.

 

[Alicia Lynch]

To be able to become a successful trader in the business of Forex trading we will need to use a Reliable trading based system.

Of course, in order to trade, I need to use a reliable trading system.

 

[Kazumu Fukunaga]

The impatient trader can never succeed in trading. Therefore, if you want to trade, you have to be patient with the plan.

Being impatient is bad for trading. You need patience. Traders must wait for the right setup. It's impossible to jump into the market.

 

[Gargoyle]

It’s hard to say anything because sometimes being impatient might get you good results while sometimes, it might land you in situations that lead to losses.
But overall, it is believed that you have to be patient to stay for long in the forex market. A large number of traders lose in the forex market because of no emotional control. If you keep taking risks even when you shouldn’t, the results will be obvious losses.

 

[Evagation]

Impatience is an emotional imbalance which can have an adverse impact on the trading. It hinders the ability of making sound trading decisions which can further have serious consequences.
It is important for a trader to learn to control his emotions and be patient.

 

[maxlvg]

When it comes to forex trading, most of us relate being impatient to a trader who can’t wait to make profits and ends up overtrading. But if we see that from some other perspective, an impatient trader can be someone who is too curious to find out everything and anything about forex trading and before or after they execute a trade, which can be really fruitful.

 

[fxgeek]

Nope! Trading needs patience as when a trader is making trades then he is going through the immense pressure of fear of losing. I think with patience one can think more widely which is very important for a trader.

 

[FXOpen Trader]

Nope! Trading needs patience as when a trader is making trades then he is going through the immense pressure of fear of losing. I think with patience one can think more widely which is very important for a trader.

If we are having the required patience with us the results we will get can be increased.

 

[justintaylor]

You never know if they do. Though it’s told over and over again to keep calm and patient when trading, the market can surprise you any time.

 

[FXOpen Trader]

You never know if they do. Though it’s told over and over again to keep calm and patient when trading, the market can surprise you any time.

We will need to start making the hard work so that we can start getting the profits from our trades.

 

[Underwit]

Patience is one of the top traits of a successful forex trader. Traders who lack patience fail to handle the market in unprecedented situations, which results in poor trading decisions. Patience is not easy to develop because it demands practice and self-learning. In order to develop, traders need to have clear trading goals and must stick to it.

 

[heispark]

A trader can never become successful if he is impatient. An impatient trader tends to over trade, thus ending up blowing his account.

 

[FXOpen Trader]

A trader can never become successful if he is impatient. An impatient trader tends to over trade, thus ending up blowing his account.

I have been doing my Forex Trading with FXOpen Markets from the last 10 Years and they are very Reliable and Trustable International Forex Brokers