I agree but just to expound further, discipline can be selective in real life, because there are things in life that we can be indiscipline of and wont cause harm or direct damage, for example I can skip my daily jog whenever I want to or I just run ...

Most traders fail because of no discipline!

Listen up people, this thread was created for discussion in regard to discipline and any psychological aspect in trading, I advice you in my previous post to refrain from replying on wolgod post but you still keep on arguing to a person that seems ...

Most traders fail because of no discipline!

Definitely true, a trader must be discipline from the very start until the very end of his trading life, discipline plus good strategy or you may say an edge must work side by side all the time in order to be a successful trader, otherwise it will ...

Most traders fail because of no discipline!

True, being discipline all the time is a must in every move traders make, it will be a tough task for everybody but its a very important aspect that every successful trader must achieve.

Most traders fail because of no discipline!

This is your last warning, stop maligning fellow traders in the forum, if you really has a different understanding about the market then discussed it clearly here in the thread instead of trying to discredit other members, if you cannot do it then ...

Most traders fail because of no discipline!

I think it was just inspired from the journey of a trader article,it is just the eureka stage was not included on the illustration.

Most traders fail because of no discipline!

As I have said lets give him the benefit of the doubt, even in the court of law the accused are given enough time to prove their innocence, if he can produce real P&L statement in weeks to come backing his statement then he has the right to post in ...

Most traders fail because of no discipline!

@wolgod - make sure to post some real data in weeks to come to back your statement, for the mean time I advice you to refrain from any argument with any poster in this thread in regards to the same topic, remember the saying "action speaks louder ...

Most traders fail because of no discipline!

True, a trader can use any approach he want as long that he is comfortable with it and he makes money with it. What is important in trading anyway is you are making money not losing money regardless of what strategy or approach you are using.

Most traders fail because of no discipline!

I will not say that I am at that level already but I am working toward it,to come to such level of understanding I think requires years of constant engagement of the market, but of course discipline will always play an important rule to success, not ...

Most traders fail because of no discipline!

Honestly, technical indicators to me is a thing in the past, I tried it before but it does bring good results in my trading, today I never use any indicators its pure price action,I am more comfortable using to it than get stuck to this indicators. ...

Most traders fail because of no discipline!

Right, I forgot to mention they can be used also to spot divergence, but then again they cannot be right all the time, you just have to learn how to tweaked its settings to give better results.

Most traders fail because of no discipline!

Once you become a professional trader, trading will be boring, a trader mentor once said get to boredom as much as possible if you want to become a successful trader. Professional traders spent most of the time waiting the right entry and not ...

Most traders fail because of no discipline!

Can you attached the indicator, thanks!

Free Coding request

Technically speaking oscillators are useful on ranging market not on a trending market, if somebody intend to use oscillators as part of their system they have to consider this characteristic. Otherwise you will blame it why it gives a lot of wrong ...

Most traders fail because of no discipline!

Precisely the point, so there is really no point of argument here who's the better or knowledgeable trader, lets help each other instead!

Most traders fail because of no discipline!

You are correct, nothing is set on stone in trading, a trader can be profitable at any particular approach or a combinations of different approaches, discipline is not what it takes to be successful trader but it is one aspect to be a successful ...

Most traders fail because of no discipline!

I think I agree that its hard to know the true volume in FOREX market because its global and no central exchange that can gather all the data but maybe wolgod has a different perspective about this particular topic.

Most traders fail because of no discipline!

Right, being discipline in trading is something that has to be worked out before doing all these technical stuff, I believe one of the reason why most traders fail because they are not mentally prepared when they come to trading and they focused so ...

Most traders fail because of no discipline!

As a matter of opinion stochs and other known technical indicators are all lagging in nature, price has gone up or down before this indicators react and it is even worst in the smaller time frames, but I will not say that they are totally useless, ...

Most traders fail because of no discipline!