Currency Trading Information Channel
Ways to Acquire Discipline in Trading
One way to acquire discipline in trading...
"Hey Joe! When you were teaching us at our Forex office in Florida, you stressed discipline. Our head trader stresses discipline. What I want to know is if discipline can be acquired or is it just something you are born with? I'm having trouble finding it in myself." - trader -
Personally, I believe discipline can be learned, although at times it is very painful. When I began trading, I was a very undisciplined person. But trading and the markets forced me to become disciplined. Was the discipline already there and just needed to be extracted? Or did I actually learn it? I can't truly be sure.
One of the largest trading firms kept their offices near Yeshivas. A yeshiva is a rabbinical school that produces rabbis of the Jewish religion. The students coming out of the yeshiva were highly disciplined and made excellent traders. Was the discipline innate in those yeshiva students? Or did they learn it under the strict supervision of the rabbis who controlled their lives? I think they learned it.
I've mentioned previously that it can help to keep a journal if you want to learn discipline. The journal I kept was very basic and included what trades I made during the day and my reasons for getting into the trade. It is what I did with the journal that helped me to be disciplined. Anyone can make entries into a journal. I let the contents of my journal keep me in line. It became my supervisor. I took to heart what I wrote there. I no longer keep that kind of journal because it has served its purpose in making discipline into a habit in the way I trade.
Joe Ross, trader, author, trading educator is one of the most eclectic traders in the business. His 47+ years include position trading of shares, and futures. He day trades stock indices, currencies, and forex. He trades futures spreads and options on futures, and has written books about it all - 12 to be exact. Joe is the discoverer of The Law of Charts?, and is famous for the Ross hook? and the Traders Trick Entry?.
Trading Educators, Inc.
The Team at Trading Educators is composed of an international blend of experienced traders, all educated and proficient in the Joe Ross methods. Our professional staff trades regularly in the markets.
Since its foundation Joe Ross and the Team at Trading Educators have taught thousands of satisfied customers who use Joe's concepts to produce significant profits in today's markets.
MORE RESOURCES updated Sun. August / 09 / 2020
A guide to forex trading instruments The Boca Raton Tribune
Trading Forex: 5 Things You Have To Know Before You Start Wealth Morning
How the Coronavirus has impacted Forex trading Nairametrics
Forex: best currency pairs to trade at night Capital.com
Three essential facts about trading forex in Australia Inside Retail
Timing Entry And Exit When Forex Trading NuWire Investor
Four-Ex currency traders need Help energy drink for focus StreetInsider.com
Is now a good time to invest in forex? P2P Finance News
Dominant Currencies and the Limits of Exchange Rate Flexibility International Monetary Fund
Why a website is a must-have for forex startups Augusta Free Press
Euro Forex Market Hits 18-Month High Against Dollar Securities.io
What is the exchange rate of USD (US Dollar) / HKD (Hong Kong Dollar) on Saturday August 8, 2020 - Born2Invest
What is the exchange rate of USD (US Dollar) / HKD (Hong Kong Dollar) on Saturday August 8, 2020 Born2Invest
Forex trade up as the rich hedge dollars due to Covid-19 fears The Star, Kenya
Rupee Edges Lower To 75.05 Against Dollar NDTV Profit
Foreign Exchange Software Market: Value Chain, Stakeholder Analysis and Trends and Top Key Players – Calyx Solutions, CGI Designe, Cinque Technologies, Clear View Systems, Currency Exchange International - The Daily Chronicle
Foreign Exchange Software Market: Value Chain, Stakeholder Analysis and Trends and Top Key Players – Calyx Solutions, CGI Designe, Cinque Technologies, Clear View Systems, Currency Exchange International The Daily Chronicle
As the lira hits record lows, how did Turkey get here? Aljazeera.com
How to trade online with your smartphone KnowTechie
Explained: Why are forex reserves shooting up when Indian economy is hit? The Indian Express
Currency News: US Dollar (USD) Exchange Rate Fluctuates on US Stimulus Uncertainty - TorFX News - TorFX News
Currency News: US Dollar (USD) Exchange Rate Fluctuates on US Stimulus Uncertainty - TorFX News TorFX News
Forex Market Majors Boosted by Positive Data Securities.io
EUR/JPY Two Scenarios Likely Action Forex
Pound US Dollar Exchange Rate Surges to Four-Month High: Currency News Today - TorFX News - TorFX News
Pound US Dollar Exchange Rate Surges to Four-Month High: Currency News Today - TorFX News TorFX News
BTC/USD Forex Signal: Bears Take Control DailyForex.com
US Dollar Rises On Geopolitical Fears Action Forex
NZD/USD below 0.6700 Trades Weak Currency Live
China Trade Balance Fails to Lift AUD/USD Currency Live
EUR/USD Forex Signal: Fast Economic Recovery DailyForex.com
XM Guide to Start Your Trading Journey Yahoo Singapore News
There Is A Variety Of Trends On Currency Majors. Investors Expect Data On The Labor Market - Action Forex
There Is A Variety Of Trends On Currency Majors. Investors Expect Data On The Labor Market Action Forex
What is Forex Trading? How to Trade Online Securities.io
Is the US dollar losing its clout as the world's reserve currency? Sydney Morning Herald
What is the Forex Market? Securities.io
Why US dollar will survive the test of Covid-19 South China Morning Post
Everything To Know About Getting Into Forex Trading GQ Australia
What is Cryptocurrency Trading? Securities.io
What is Margin in Forex? Securities.io
What Is Forex Trading and How Does it Work? Money and Markets
Binance Review Securities.io