For some, discipline means they are being serious about doing something but it’s a whole lot of ball game when you associate discipline to Forex trading.
In the world of Forex trading, the term disciple means, you as a trader will be following the rules of the trading system strictly and accurately.
Having Forex discipline is essential for the reason that, over 80% of Forex traders loses their trades not because they do not follow a good trading system or they do not apply the right strategy, they lose for the sole reason that they are not following the rules of trading system. In simpler term, traders do not have discipline.
If you have been trading for a while now, how can you tell if a trader has a Forex discipline or not? Following points summarize what Forex discipline should mean to every professional trader.
They ensure to practice self-discipline and follow rules of their forex trading system promptly and strictly resulting to their successful career as a trader.
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