Patience in Forex Trading A Must

[Funmife]

Trading require patience. You need to be very calm when trading particular when the market is going against you. That is why you need to learn the psychology of trade before you venture into it and also be a master of your emotion.

 

[Robert Hills]

Loss is the part and parcel of forex market. Every trader wants to reduce their losses. If you want to reduce your losses you need to study more and more about forex market. Basically new traders are not serious about the losses. To reduce the losses every traders need to make a plan and walk through that plan. I always trade with TP Global FX. It has low spread and give personal advice to reduce or recover the losses.

 

[Kagi17]

Trading require patience. You need to be very calm when trading particular when the market is going against you. That is why you need to learn the psychology of trade before you venture into it and also be a master of your emotion.

This is facts

 

[cjac1027]

Trading require patience. You need to be very calm when trading particular when the market is going against you. That is why you need to learn the psychology of trade before you venture into it and also be a master of your emotion.

waiting for confirmation is a great skill

 

[xxbluedragonxx]

the most important thing is making more money than you lose

 

[paullusthebonk]

PATIENCE IN TRADING
PATIENCE in FOREX trading eventually pays off as it allows you to sit back a bit and wait for the right trading setup. Most traders are too eager to jump in and trade whenever any opportunity arises. This is probably due to our human nature and the eagerness to make a “quick buck”.Jun 17, 2016

 

[MegaTrend]

As opposing to the mindset of majority of traders, Forex trading is not a get rich quick scheme you can get in in a day and be rich the next day. You need adequate experience and consistent practices to know and determine what works for you.

Having done that, you also need an extensive practices to demo trade your system before moving into real account.

Finally, to succeed, you need a very strong management system

 

[abs_78]

and risk management together with discipline

 

[vicfxtrader]

Forex is only patience in my opinion. It's the only character trait that separates profitability from potential losses. I find when I'm not patient, I lose trades.

 

[Yasaminmp]

Thats a key for being a good trader