Do you have enough patience?

TrapLok

Recruit
Messages
130
The newbie and beginner traders need to ask themself this question before entering the field of trading. Patience is a quality which is lacking these days in the society around us. You need to have a calm and composed mind if you want your success ratio to be high.
 

nahiyar

Private, 1st Class
Messages
788
With patience my trading become more regular, consistent and managed. It really helps to train your basic learning towards practice. If all trader had this quality in them they will cope with market easily because they have to wait for right time of trading and quit it at proper place . They will not go to live trading very early , They will know the importance of enough practice as a beginner.
 

bigdolly

Sergeant Major
Messages
961
With patience my trading become more regular, consistent and managed. It really helps to train your basic learning towards practice. If all trader had this quality in them they will cope with market easily because they have to wait for right time of trading and quit it at proper place . They will not go to live trading very early , They will know the importance of enough practice as a beginner.
How did you achieve such strong level of patience? Was it some overhaul of your psychology or mental preparations or you would refer it to experience?
 

nahiyar

Private, 1st Class
Messages
788
Yes I have to trained my psychology with the passage of time, as I should not show hurry in order placing . My first preference should be to analyze well all about market past and current situation. Then target setting and other activities also demand patience. It all is possible by conscious efforts and experience which a trader gains after practice.
 

Morning1234

Private, 1st Class
Messages
67
I admit, I've been trading for many years, but I don't have the patience to monitor the market all day. This is a very tedious task. I'm working on myself. There is a great motivation - money. Still...
 

John Mason

Private
Messages
37
Patience is a key quality of good trades that made them huge profits. Sometimes, it gets boring to be patient in the forex market but trust me, it has the long term benefits and balance to your trading.
 

alexmarian

Private
Messages
43
When it comes to wait for large number of pips, there are many traders that will not find themselves suitable for this type of trading. There will be many mistakes during trade holding and eventually result in losses.
 

Etedus12

Sergeant
Messages
176
Patience is the key to success in Forex trading. The problem with traders that makes many people lose a lot of money in forex trading. New traders come in expecting to make millions in a very short miraculous span, which never works
 

Thoris

Corporal
Messages
115
Patience is the key to success in he forex trading affair. Which is why most people quit because they lack the patience that it takes to start making consistent profits in the trade. Patience will also help you control your ego and accept small wins rather than being greedy and getting big losses
 
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