Patience and Discipline
IN order to succeeded in the trading industry a lot of technique must be mastered understanding how the markets works and how to reacts to different situations should be on every traders list.
Patience
This refers to accepting delay or waiting for something to be ready while you wait.
in trading the best trading opportunity comes in after analyzing the markets and waiting for the steps you analyzed to follow suit this may seem worthless and time wasting but this is the only way to get the best trades.
Trading sessions
Analyzing the markets today and getting into a trade the following day on during the most active trading sessions will results in the most profitable trades.
Trading session are active hours of a given trading pair understanding the pairs trading sessions and only executing trades during the active hours may results in profitable trades.
Discipline
This refers to the act of training yourself to obey rules or code of behaviour.
After mastering patience the next step must be mastering discipline a lot of people may think discipline and patience are the same but this are completely two different technique that a trader must master and put to act during trading.
Conclusion
First a traders must analysis the markets then wait for a very good entry (patience) after this is done repeating the same processes over and over again without breaking the rules is called discipline.
IN order to succeeded in the trading industry a lot of technique must be mastered understanding how the markets works and how to reacts to different situations should be on every traders list.
Patience
This refers to accepting delay or waiting for something to be ready while you wait.
in trading the best trading opportunity comes in after analyzing the markets and waiting for the steps you analyzed to follow suit this may seem worthless and time wasting but this is the only way to get the best trades.
Trading sessions
Analyzing the markets today and getting into a trade the following day on during the most active trading sessions will results in the most profitable trades.
Trading session are active hours of a given trading pair understanding the pairs trading sessions and only executing trades during the active hours may results in profitable trades.
Discipline
This refers to the act of training yourself to obey rules or code of behaviour.
After mastering patience the next step must be mastering discipline a lot of people may think discipline and patience are the same but this are completely two different technique that a trader must master and put to act during trading.
Conclusion
First a traders must analysis the markets then wait for a very good entry (patience) after this is done repeating the same processes over and over again without breaking the rules is called discipline.