BE DISCIPLINED EVERY DAY, IN EVERY TRADE, AND THE MARKET WILL REWARD YOU. BUT DON’T CLAIM TO BE DISCIPLINED IF YOU ARE NOT 100 PERCENT OF THE TIME.

 #2 BE DISCIPLINED EVERY DAY, IN EVERY TRADE, AND
THE MARKET WILL REWARD YOU. BUT DON’T CLAIM
TO BE DISCIPLINED IF YOU ARE NOT 100 PERCENT OF
THE TIME.

Being disciplined is of the utmost importance, but it’s not a sometimes
thing, like claiming you quit a bad habit, such as smoking. If you claim to quit
smoking but you sneak a cigarette every once in a while, then you clearly have
not quit smoking. If you trade with discipline nine out of ten trades, then you
can't claim to be a disciplined trader. It is the one undisciplined trade that will
really hurt your overall performance for the day. Discipline must be practiced
on every trade.

When I state that the market will reward you, typically it is in recognizing
less of a loss on a losing trade than if you were stubborn and held on too long
to a bad trade. Thus, if I lose $200 on a trade, but I would have lost $1,000 if I
had remained in that losing trade, I can claim that I saved myself $800 in
additional losses by exiting the bad trade with haste.

About Author

I am Ninoslav Golubovic, the owner and CEO of MAPROFX my FB Page find here and Instagram here.

As per the job profile, my first work is to determine the signals of forex trading and guide my team members in that direction. The next work that I have is to
ensure that the risks associated with this trading are minimized to the maximum extent and so that people get maximum profits.