What do you guys do to improve discipline in trading?

[nakupo]

What do you guys do to improve discipline in trading?

[AbdulShiek]

I often control my emotion when I watch the market movement. The less I spend my time looking at random analysis, the higher the chance of success. Patience with hard work is the perfect ingredient for profit-making.

[Mr. Cid]

What do you guys do to improve discipline in trading?

It is hardly impossible to succeed in the crypto market when we don't follow our own rules. It might look simple, but most of us couldn't abide. One of the effective ways to stay aligned with our trading plan is to disregard the market noise and our emotions. It's something that most of us cannot keep, but we should give it a try!

[Mcjerry001]

Number one and best discipline in trading is to have daily target. The target should be minimized. What I mean is that your target should be like 5 to 10 %

[AbdulShiek]

Number one and best discipline in trading is to have daily target. The target should be minimized. What I mean is that your target should be like 5 to 10 %

Having a plan without self-discipline is nothing as we get influenced by the market noise easily. We often not admit, but the majority of our decision-making is the result of what we see and hear.

[Mcjerry001]

Having a plan without self-discipline is nothing as we get influenced by the market noise easily. We often not admit, but the majority of our decision-making is the result of what we see and hear.

Recently I was hurry to make a big target and I lost my $17 to $0.51

[Sendo12]

Recently I was hurry to make a big target and I lost my $17 to $0.51

That's sad to hear, mate. Let this be a lesson learned for you. Sometimes, we don't really need to chase that huge profit opportunity because the chances of earning it is the same with losing it. Having consistent small trades with constant profits would give you great results in the long run.

[Aya]

I look at my motivation. What really is my reason for venturing on this investment? Then I look back at my past mistakes and recall its consequences. Do I want to face those huge losses again?

With this, I can keep myself at bay and I am able to manage my emotions and create better decisions.

[Trader_Rob]

I look at my motivation. What really is my reason for venturing on this investment? Then I look back at my past mistakes and recall its consequences. Do I want to face those huge losses again?

With this, I can keep myself at bay and I am able to manage my emotions and create better decisions.

I agree with you. This is what I mostly do as well. I know how devastating it is to lose a huge part of my capital because of my wrong decisions. Discipline is very important so we can keep following our plan.

[Wekesa]

I think if you keep yourself learning the more you do so the more you develop dicipline, and this is the key for any trader, anyone who is able to dicipline themselves in trading then they are in the journey to winning and thats why its important to keep on trying as hard and in the end the best idea also is to apply a good money management, dont use a higher ratio, so if you have about 200$ in your account make sure that you lose about 10 dollars in a trade and also be good in trading , always win more than you lose