Discipline and focus

[PhyllisD_44]

@Luciano476

Trading isn’t just about making a fast buck. It’s about being careful and responsible. That’s how I approach it every day. When I trade, I stick to a plan and stay focused. I also share signals on zulutrade, which has taught me how important responsibility is because I’m not just trading for myself, but for others too who copy my strategy. When the market gets tough and I feel tempted to go for quick profits, I control myself by by thinking about those who depend on my decisions.

Can you share some more tips?

[Peter_John]

@PetyaNL

What is your technique to stay focused on the process and stay disciplined? Especially in situations where emotions peak (i.e. giving away profits, enthiusiams/over-confidence, losing streak).

As I have been in the market for quite a long time, I know the nature of the market and my experience helps me stay focused.

[Dogrel331]

I really do like your approach to trading. I have always tried to articulate the importance of a trading journal, but you just said all of the right things. Keeping a trading journal helps with a lot, and managing emotions happens to be one of its advantages.

[Lalbine]

exactly.
tons of traders aren;t aware of the importance of taking breaks, so I fully support your words in this regard.

I regularly take breaks, like I have two weekends in the week, and it can be said that I work 5/2, ha. almost an office job, but way more better, cuz I am at home, no one hinders me and no one asks me to help them with their requests. just me, laptop and the market.
but hafltimes are mandatory, yeah.

[Fin_Trader]

It is not enough to have a good trading strategy; you also need discipline to follow all its rules and not enter the market until all conditions appear. That’s why those who have no problems controlling emotions and have self-control make money on Forex.