Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. How to Train Discipline

How to Train Discipline

Discussion started on General Forex Discussion

Print
Pages: [1] 2 3 ... 77   Go Down

Tahajud

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 175
  • Reputation: +70/-0

Mind
Mind is related to mindset, there is a lot that we need to discipline in this section. Starting from the concept of trading (gambling / business), fast-paced mindset, overconfident mindset and much more.

Money.
Discipline in the use of money also needs to be noticed, so we need to increase knowledge in managing finances or what is more commonly called Money Management. As a trader, discipline in the use of money plays a big role when we trade, so we must be disciplined.

Method
In this method or method section is related to trading techniques (trading system), and also anticipation (risk management). If we use a trading system without discipline, trust me, we can never be consistent with our income. For example like this:

The first month uses the A trading system, making 40% profit.
The second month uses system B, making 10% profit.
If we continue like this (not disciplined in using the trading system). Then our monthly income is also undisciplined and irregular.

The last point
Time
Discipline in the use of time is also very important, it is possible if our trading hours collide with our work hours. So we must discipline the use of time so we can do both.

Thank you

Linkback: https://www.forex.zone/general-forex-discussion/1/how-to-train-discipline/948/
#1 - February 08, 2019, 03:16:20 AM

kisumam

  • Full Member
  • Posts: 142
  • Points: 3356
  • Likes Received: 15
  • Reputation: +0/-0
Quote from: Tahajud on February 08, 2019, 03:16:20 AM
Mind
Mind is related to mindset, there is a lot that we need to discipline in this section. Starting from the concept of trading (gambling / business), fast-paced mindset, overconfident mindset and much more.

Money.
Discipline in the use of money also needs to be noticed, so we need to increase knowledge in managing finances or what is more commonly called Money Management. As a trader, discipline in the use of money plays a big role when we trade, so we must be disciplined.

Method
In this method or method section is related to trading techniques (trading system), and also anticipation (risk management). If we use a trading system without discipline, trust me, we can never be consistent with our income. For example like this:

The first month uses the A trading system, making 40% profit.
The second month uses system B, making 10% profit.
If we continue like this (not disciplined in using the trading system). Then our monthly income is also undisciplined and irregular.

The last point
Time
Discipline in the use of time is also very important, it is possible if our trading hours collide with our work hours. So we must discipline the use of time so we can do both.

Thank you
Yes really.....
just in a day the discipline demands discipline, what else is called trade must be smart to maintain and manage well.
#2 - February 08, 2019, 03:55:34 AM

rendipepe

  • Full Member
  • Posts: 126
  • Points: 0
  • Likes Received: 21
  • Reputation: +1/-0
thank you for waking up my mind, it's true without that our discipline can be destroyed
#3 - February 08, 2019, 04:17:31 AM

zanurreload

  • Hero Member
  • Posts: 9575
  • Points: 59
  • Likes Received: 728
  • Reputation: +10/-20
Quote from: Tahajud on February 08, 2019, 03:16:20 AM
Mind
Mind is related to mindset, there is a lot that we need to discipline in this section. Starting from the concept of trading (gambling / business), fast-paced mindset, overconfident mindset and much more.

Money.
Discipline in the use of money also needs to be noticed, so we need to increase knowledge in managing finances or what is more commonly called Money Management. As a trader, discipline in the use of money plays a big role when we trade, so we must be disciplined.

Method
In this method or method section is related to trading techniques (trading system), and also anticipation (risk management). If we use a trading system without discipline, trust me, we can never be consistent with our income. For example like this:

The first month uses the A trading system, making 40% profit.
The second month uses system B, making 10% profit.
If we continue like this (not disciplined in using the trading system). Then our monthly income is also undisciplined and irregular.

The last point
Time
Discipline in the use of time is also very important, it is possible if our trading hours collide with our work hours. So we must discipline the use of time so we can do both.

Thank you
To practice trading all you have to do is do it continuously. Then if you break it then you should give punishment to yourself. That way you are accustomed to discipline
#4 - February 08, 2019, 12:53:34 PM

Black_Koujee

  • Sr. Member
  • Posts: 267
  • Points: 90
  • Likes Received: 54
  • Reputation: +0/-0
Quote from: zanurreload on February 08, 2019, 12:53:34 PM
To practice trading all you have to do is do it continuously. Then if you break it then you should give punishment to yourself. That way you are accustomed to discipline

The discipline of applying MM that we have planned is very difficult. That's because of the greedy human nature. It takes practice, intention, and determination to implement it all
#5 - February 09, 2019, 12:51:44 PM

rafid

  • Full Member
  • Posts: 155
  • Points: 212
  • Likes Received: 25
  • Reputation: +1/-0
I think the hardest thing is to control our minds, how to control our thoughts and emotions well, because without that all the strategies we have prepared will be in vain
#6 - February 09, 2019, 01:12:01 PM

anca1987

  • Full Member
  • Posts: 102
  • Points: 0
  • Likes Received: 17
  • Reputation: +0/-0
Quote from: Tahajud on February 08, 2019, 03:16:20 AM
Mind
Mind is related to mindset, there is a lot that we need to discipline in this section. Starting from the concept of trading (gambling / business), fast-paced mindset, overconfident mindset and much more.

Money.
Discipline in the use of money also needs to be noticed, so we need to increase knowledge in managing finances or what is more commonly called Money Management. As a trader, discipline in the use of money plays a big role when we trade, so we must be disciplined.

Method
In this method or method section is related to trading techniques (trading system), and also anticipation (risk management). If we use a trading system without discipline, trust me, we can never be consistent with our income. For example like this:

The first month uses the A trading system, making 40% profit.
The second month uses system B, making 10% profit.
If we continue like this (not disciplined in using the trading system). Then our monthly income is also undisciplined and irregular.

The last point
Time
Discipline in the use of time is also very important, it is possible if our trading hours collide with our work hours. So we must discipline the use of time so we can do both.

Thank you
No need to be at length friends, the forex business is very simple so don't make it as if it's difficult. Correct friend said above the attitude that must be possessed by a trader is discipline, with account discipline will be safe from the margin call.

If you are not disciplined, get ready to face difficulties.
#7 - February 09, 2019, 01:39:29 PM

rinshei

  • Sr. Member
  • Posts: 342
  • Points: 0
  • Likes Received: 78
  • Reputation: +1/-0
Quote from: Tahajud on February 08, 2019, 03:16:20 AM
Mind
Mind is related to mindset, there is a lot that we need to discipline in this section. Starting from the concept of trading (gambling / business), fast-paced mindset, overconfident mindset and much more.

Money.
Discipline in the use of money also needs to be noticed, so we need to increase knowledge in managing finances or what is more commonly called Money Management. As a trader, discipline in the use of money plays a big role when we trade, so we must be disciplined.

Method
In this method or method section is related to trading techniques (trading system), and also anticipation (risk management). If we use a trading system without discipline, trust me, we can never be consistent with our income. For example like this:

The first month uses the A trading system, making 40% profit.
The second month uses system B, making 10% profit.
If we continue like this (not disciplined in using the trading system). Then our monthly income is also undisciplined and irregular.

The last point
Time
Discipline in the use of time is also very important, it is possible if our trading hours collide with our work hours. So we must discipline the use of time so we can do both.

Thank you
nice thread bro, the first time i go into forex i was like see the chart every minute because i fear of floating, now, i guees watching that chart too long make me sick haha, thats why discipline to get what TP we eant is important too bro, thanks for sharing
#8 - February 09, 2019, 01:52:51 PM

Tahajud

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 175
  • Reputation: +70/-0
Quote from: kisumam on February 08, 2019, 03:55:34 AM
Yes really.....
just in a day the discipline demands discipline, what else is called trade must be smart to maintain and manage well.
discipline needs to be trained and carried out continuously, because discipline is a habit. So the easiest way for us to be able to continue discipline is to get used to it and do it continuously



#9 - February 09, 2019, 05:30:40 PM

Tahajud

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 175
  • Reputation: +70/-0
Quote from: rendipepe on February 08, 2019, 04:17:31 AM
thank you for waking up my mind, it's true without that our discipline can be destroyed

Not only in the field of trading, all fields require discipline to be successful. So indeed discipline is a very positive thing and we need to get used to it in our daily lives
#10 - February 09, 2019, 05:31:54 PM

Tahajud

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 175
  • Reputation: +70/-0
Quote from: zanurreload on February 08, 2019, 12:53:34 PM
To practice trading all you have to do is do it continuously. Then if you break it then you should give punishment to yourself. That way you are accustomed to discipline

Indeed, getting used to being able to continue to discipline is a very difficult thing so it is indeed necessary to be forced to start doing it, but if it has become our habit, we will be able to do discipline automatically and apply it in any way in our lives
#11 - February 09, 2019, 05:33:34 PM

Tahajud

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 175
  • Reputation: +70/-0
Quote from: Black_Koujee on February 09, 2019, 12:51:44 PM
The discipline of applying MM that we have planned is very difficult. That's because of the greedy human nature. It takes practice, intention, and determination to implement it all
Not only is money management difficult to implement, but the discipline of all trading components is very difficult to do if that discipline does not become our habit. discipline on rule trading and the trading plan that we have made will also be difficult



#12 - February 09, 2019, 05:35:53 PM

Tahajud

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 175
  • Reputation: +70/-0
Quote from: rafid on February 09, 2019, 01:12:01 PM
I think the hardest thing is to control our minds, how to control our thoughts and emotions well, because without that all the strategies we have prepared will be in vain

Indeed controlling our emotions is the most difficult thing in trading because this means we must be able to defeat our passions, where we all know that our passions are man's greatest enemies. So indeed this matter needs to be constantly trained and forced from the very beginning
#13 - February 09, 2019, 05:37:37 PM

Tahajud

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 175
  • Reputation: +70/-0
Quote from: anca1987 on February 09, 2019, 01:39:29 PM
No need to be at length friends, the forex business is very simple so don't make it as if it's difficult. Correct friend said above the attitude that must be possessed by a trader is discipline, with account discipline will be safe from the margin call.

If you are not disciplined, get ready to face difficulties.
Indeed trading looks quite simple and easy to do, but in reality many fail in trading. this proves that trading is not as easy and simple as it appears. Because in trading we must be able to defeat our lust
where discipline and patient problems are already on it



#14 - February 09, 2019, 05:40:20 PM

Tahajud

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 175
  • Reputation: +70/-0
Quote from: rinshei on February 09, 2019, 01:52:51 PM
nice thread bro, the first time i go into forex i was like see the chart every minute because i fear of floating, now, i guees watching that chart too long make me sick haha, thats why discipline to get what TP we eant is important too bro, thanks for sharing

Absolutely, taking too long to see and observe price movements will make it difficult for us to be disciplined in applying money management, rule trading and our trading plan, because when we look at the chart too long it will disturb our psychology
#15 - February 09, 2019, 05:43:53 PM
Print
Pages: [1] 2 3 ... 77   Go Up
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. How to Train Discipline

Members:

0 Members and 2 Guests are viewing this topic.


How to Train Discipline in General Forex Discussion_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity: