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Most traders fail because of no discipline!

Realityyyy......

Most traders fail because of no discipline!

So I believe the story also stresses the importance of discipline Exactly... Discipline. But i used the work "desire". If the desire is there with no conflicts whats stopping us from achieving our goals? Referring back to your example, that girl ...

Most traders fail because of no discipline!

@AiWoZhongHua... i pray for those university students NO just kidding. That just shows that if the desire is strong enough you will do the task no matter how hard it may seem. Some one once said that " the things that are easy to do now ...

Most traders fail because of no discipline!

What i say is that there are 3 stages through which i think almost all traders go through 1st. Just getting into this business...thinking its so easy to make lots of money. This way i can be a millionaire just within few weeks or even days. And this ...

Most traders fail because of no discipline!

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Most traders fail because of no discipline!

@hanover....thnx a lot for your comprehensive reply Peace

Most traders fail because of no discipline!

@hanover...Sir since u got a lot more experience and been here for a long time... can u kindly clarify something?? When u guys talk about discretionary trading, what is actually meant by that? What i am guessing is that there can be 2 possibilities ...

Most traders fail because of no discipline!

When Mark Douglas use to say that most screen based traders (retail) don't have any idea about how prices move, i thought that he was just exaggerating but now i think he was right. Because if the traders knew how prices actually move they wont ...

Most traders fail because of no discipline!

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Most traders fail because of no discipline!

@kpclick...dude don't get me wrong i think ur suffering from some serious sickness. I don't know whether its mental or just your eye sight but you need help where did i say "So you believe soon there will no more gold to mine?" quoted by you what i ...

Most traders fail because of no discipline!

@aaven... means that if something no matter how much precious it once was...if it doesn't exist anymore, you can not trade it (i was referring to gold, which i trade). But i know that is not a good reason . That's why i said hypothetically. ...

Most traders fail because of no discipline!

@kpclick...i think you are referring that to me and not (Not-KPMG) i think u have some serious problem reading my posts or may be my english is really crap (its not my 1st language) Anyway i hope this is my last post in response to ...

Most traders fail because of no discipline!

thnx for sharing it again That's what i posted at the very beginning of this thread....stick to something, soon you will find out if its working or is there some room for fine tuning Jumping from system to system will get ...

Most traders fail because of no discipline!

@kpclick....hahaha come on, only 3 reasons why it wont work , btw u only need 1 solid reason for some thing not to work but u come up with 3 not so good reasons. Anyway i will answer all 3 and hope we can end this good for nothing debate because ...

Most traders fail because of no discipline!

Lol....Another reason why traders fail is because their mind gets messed up with all the different ideas that are being presented here right now. 1. Use discretionary trading system 2. Use mechanical system (based on technical indicators) etc. etc. ...

Most traders fail because of no discipline!

Just two quotes....if anyone can follow these two statements and understand the reason and logic behind them, he/she can be successful in this business. 1. We have to be rigid in our rules and flexible in our expectations. (Mark Douglas) 2. I fear ...

Most traders fail because of no discipline!

any help from experts here?? (post #16655)

I will code your EAs and Indicators for no charge

Hi everyone.... I need sumthing similar to what "butcher" asked for. sumthing that is able to do following things: 1: able to open 6 positions(or more), market order 2: adjustable lot sizes 3: stop loss setting should b such that i don't have to set ...

I will code your EAs and Indicators for no charge