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Author Topic: Patience is money in forex trading.  (Read 488 times)

Offline indicator

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Patience is money in forex trading.
« on: October 05, 2016, 05:47:55 AM »
Patience is needed all the time while trading, you have to wait for a setup, when you are in a trade, you have to wait for its results. If you don't have good patience, then you can't trade successfully so for me Patience is money in forex, what do you think?

Offline hybrid

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Re: Patience is money in forex trading.
« Reply #1 on: October 15, 2016, 07:55:02 PM »
Yes right patience is real money in forex trading without patience one cannot get right entry in market. It brings success when you trade on rules , follow your trading plan and try to minimize loss . This patience is a basic quality of successful traders.

Offline iMusingKiMi

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Re: Patience is money in forex trading.
« Reply #2 on: October 18, 2016, 05:54:12 AM »
I believe not only patience, survival is the most important in trading. You have 1000, if you lose everything, you won't have chance to get it back. This is why survival and money management is the most important factor.

Offline Eliza Abrams

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Re: Patience is money in forex trading.
« Reply #3 on: October 18, 2016, 11:26:08 AM »
I agree. But without patience survival in forex trading is all but impossible, hasty decisions only lead to losses.

Offline Neurotic

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Re: Patience is money in forex trading.
« Reply #4 on: October 29, 2016, 05:43:27 AM »
Yeah...! Patience is the key to become successful in Forex Trading, but you also need Discipline to become successful.

Offline Paul.Trafford

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Re: Patience is money in forex trading.
« Reply #5 on: November 01, 2016, 09:56:10 AM »
Patience is money in forex trading, I have to disagree, because patience is not the only key factor. You might be patient, but if you lack knowledge, experience and etc. you wil lstil be losing money, thus do not only relay on patience

Offline equityfx

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Re: Patience is money in forex trading.
« Reply #6 on: December 20, 2016, 05:39:53 PM »

Patience pays it cost in positive .it is a key quality of a trader to be patience while trading he has to analyze with patience remain calm during ups and downs of market and react in time to gain desired results.

Offline drunkfx

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Re: Patience is money in forex trading.
« Reply #7 on: December 20, 2016, 07:10:37 PM »
When trading with high risk leverage is particularly important I guess. I have excellent trading strategy but because of impatient trading I lost several deposits. Now trade according strict money management plan with Hotforex with low profit target.

Offline Eliza Abrams

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Re: Patience is money in forex trading.
« Reply #8 on: December 21, 2016, 10:44:12 AM »
Patience, experience and knowledge are all equally necessary to succeed. Any of these qualities individually aren't enough to succeed.

Offline Neurotic

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Re: Patience is money in forex trading.
« Reply #9 on: December 21, 2016, 02:36:38 PM »
Patience and discipline are the key to become successful in Forex Trading, you need to learn that without patience you cannot survive in Forex for a long time.

Offline resistance

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Re: Patience is money in forex trading.
« Reply #10 on: December 22, 2016, 12:33:36 PM »
Patience and discipline are the key to become successful in Forex Trading, you need to learn that without patience you cannot survive in Forex for a long time.
Yes I think so too, patience and discipline in trading is important because as trader they need waiting when they must decided to enter on the market based on their system, and also to running plan trading as trader also need patience and let the market will giving answer whether success plan or fail plan that occured

Offline equityfx

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Re: Patience is money in forex trading.
« Reply #11 on: January 01, 2017, 11:11:12 AM »
You are right patience is not only thing that makes profit however it helps to find trend and do trading at right side . We not loose our money in hurry. Other skills like analysis, risk management and experience are also having their own place.

Offline Eliza Abrams

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Re: Patience is money in forex trading.
« Reply #12 on: January 01, 2017, 11:49:03 AM »
The question is how does one learn to be patient?

Offline Confrontation Girl

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Re: Patience is money in forex trading.
« Reply #13 on: January 02, 2017, 06:18:28 AM »
Depends on person to person, many people can manage patience but not true for every one. We can maintain patience with practicing it but it is also not easy task.

Offline Eliza Abrams

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Re: Patience is money in forex trading.
« Reply #14 on: January 02, 2017, 10:48:53 AM »
In my experience patience only comes with experience. The more you trade, the more you realize you need to be patient.

 

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