The Professional Forex Trading Course – Lesson 7 - Discipline

1.Never trade with emotions
This is one of the basic reason that learned forex traders become unprofitable, when you trade financial Markets, do not take any action based on or out of an emotion, it will never amount to anything good. Emotions will always ignore what you’ve learned or what you know to be true, successful profitable traders never consider their emotions when placing trades. Fear of failure, Greed and over excitement are the common emotions that trouble a lot of traders so beware of emotions don't be an emotional trader.

2.Always obey your trading plan
“A good trader is a disciplined trader” in the next step we are going to compile a trading plan and my mentor told me that this is one important thing to always do, never disobey your trading plan because it is your guideline on how you are going to achieve
Your goals. It’s very important that you have a trading plan to have a smooth trading journey.
I suggest you write these two things to practice so that every time you trade you remember to always watch out for them. It’s going to be very difficult but it’s worth it.

3.Compiling a trading plan
A trading plan is what you use to reach your goal amount, it’s what guarantees you of the arrival to your journey, it’s like a GPS it guides you on what you need to do, what turns you must take and how you are going to reach your desired destination.