How to stay disciplined in forex?
Discipline is the backbone of successful forex trading— without it, even the best strategies fail. So start by creating a solid trading plan that outlines your goals, risk tolerance, entry/exit rules, and preferred trading times. Stick to this plan completely, avoiding impulsive decisions based on emotions like fear and greed. Risk management is non-negotiable; never risk 1-2% of your capital on a single trade, and always use stop-loss orders to protect yourself from major losses. Keep a trading journal to review your performance, identify mistakes, and refine your approach. Avoid overtrading by setting daily or weekly limits, and don't chase losses—take breaks if frustration or fatigue sets in. Finally, stay patient; forex success comes from consistency, not luck. By treating trading like a business rather than gambling, you'll build the discipline needed for long-term profitability.
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