The power of patience in forex trading.

[shere1779]

The power of patience in forex tradings has brought forth good result. As a forex trader, we have to be patience in examining the market before taking an entry or exit decision. We ought to give our trade time to work, by so doing we will make better result at the end of it all.

[orni308]

patience will make to make mature decision rather than making decision based on emotions.

[mocharifin]

Originally Posted by orni308

patience will make to make mature decision rather than making decision based on emotions.

right guys. patience make more full power of decision. patience will make you more concentrate

[BubbleGum]

There is nothing that can be compared to the patience of the Forex trader, if you are patient and knowing what you are really doing in this business, you will be very happy and get success faster and better than trader that knows all without patient.

[chin100]

Patience is something I learnt only after losing my money. In
my early days of trading forex, I was misled into believing that it was
possible for me to earn while I was learning. With no knowledge of how the
markets work, I wired $2000 into my trading account and was already calculating
how much I was going to make from my “investment”. After loosing 75% of my
money in two trades, I googled “how not to loose money in forex” and the
results showed me what I should have done before going live. I learnt never to play with the markets
but sadly my hard earned money was gone before I was even able to understand
forex.
WRC

[AndrewFX]

Many traders perceive forex trading as usual trading, but it's not true. To succeed in it you need to understand the psychology of forex trading, its features and hidden sides. It's not only about patience, but also about other psychology aspect of human nature. I highly recommend "The way to trade" by Piper. The author clear describes the way to find out your personal trading style.