Absolutely true, just to add, discipline is not just really important in trading it is a MUST, else you will fail, good methodology and discipline must work hand in hand all the time.

Most traders fail because of no discipline!

This is an off topic, but I know that there are members reading this thread that can easily re-code this simple indicator, any help will be much appreciated. Thanks in advance! I hope somebody can help me modify this simple candle body size ...

Most traders fail because of no discipline!

I hope somebody can help me modify this simple candle body size indicator - its current function is to display the candle body size to all candle closed, what I need in addition is to display also the wick size in the direction of the move and ...

Free Coding request

Can somebody modify code of this candle body size indicator - its current function is to display the body size to all closed candle, what I want to add is to display the wick size in the direction of the candle move(it its bullish or bearish) and it ...

Free MT4 programming

You copy paste my post! take time to write your own opinion about the importance of discipline in trading

Most traders fail because of no discipline!

In general it maybe true, it is human nature to hate loses, we have the tendency to behave differently every time we make losing trades that is why being discipline all the time really a hard task to achieve for most traders and it will take years ...

Most traders fail because of no discipline!

Ok Sir, what if I can show you my account that has consistent 5% monthly ROI or even more, will you provide me that 50K capital?I have my own system I have no more time to change strategies...making money in trading is just about repeating a proven ...

Most traders fail because of no discipline!

Sir, your offer sounds good to me, I just want to ask if the 3 months 5% ROI requirement will be based on the trader current live trading activities or it must be in compliance to your set of standards.

Most traders fail because of no discipline!

At some points yes its true, but in casinos you cannot apply patterns and analysis, you will mostly rely on pure luck,that is why the house will always win in the end, while in trading there are ways to have an edge, its just most traders cannot ...

Most traders fail because of no discipline!

I get the message, your one of the most knowledgeable trader at FF so good luck to you, hope you become a millionaire trader soon! I will respect your opinion but dont talk as if you are the only one who knows everything about the market. If your ...

Most traders fail because of no discipline!

Guys lets get back to the topic which is all about discipline in trading, Mr Breakout and kpclick maybe both right, maybe it is just a matter of perspective that really differs here, but anyway I am just an ordinary retail trader and I dont have a ...

Most traders fail because of no discipline!

Agree and it all lead back to the individual psychology of a trader!

Most traders fail because of no discipline!

Trader should always remember: Do not bend the rule, small mistake can create huge lose!

Secrets to improve your trading performance

In general I agree on major points, but again even on trending market still traders cannot be 100% sure that they can be a winner or loser on a particular trade, that alone justify randomness of the market, there is nothing bad about randomness ...

Most traders fail because of no discipline!

Fellow posters on this thread, let us keep our discussions relevant to the topic and trading, let us respect each others opinion,no personal attack as much as possible, what is important is we will learn something from anybody and it can help us all ...

Most traders fail because of no discipline!

Market results is random to a point that when you put a trade now regardless of how good the entry condition is or all your indicators are beautifully aligned for such setup(a high probability trade setup so to speak), still you cannot be sure that ...

Most traders fail because of no discipline!

True, its a matter of finding the right methodology and implement it in your trading with discipline all the time.

Most traders fail because of no discipline!

In my humble opinion yes I believe that its unpredictable in nature, meaning no method can accurately predict where the market will go next regardless of what algorithm you are using(am sure veteran traders agree on this) so if you place a trade now ...

Most traders fail because of no discipline!

My take on this is that market is simply unpredictable, that is why even you gather all the brilliant minds in trading they just cannot create comprehensive strategy that can adapt to all market conditions. Peace!

Most traders fail because of no discipline!

Absolutely true, mathematical edge,others may call it winning strategy or trading methodology and discipline is a must to be a profitable trader(no point of argument) , this two should work hand in hand all the time otherwise all efforts will be in ...

Most traders fail because of no discipline!