Patience is important in forex

I have been trading with short term trading plans for the last 2 years and I can tell you how well they work. I am not so much of a long term goal oriented person so this strategy has been working for me.

 

Patience is a virtue that is vital to success in forex trading.

 

That is quite interesting. I have always seen traders talk about long term goals and plans anyway, good luck to you.

 

Not just patience but discipline is also another important aspect in forex

 

Many emotional psychological factors are important in trading and need to be worked on.

 

I’ve been trying to work hard for some time to get closer to achieving my trading plan and I’ve used a number of brokers for that but now I’m trading with XTB and Fxview. Hoping to get there soon. Wish me luck!

 

Correct. May i know how do you build your trading plan?

 

You need to know when you should not trade and when your individual trading strategy will not be profitable.

 

I would say that from wherever you start, never stop working hard, just be patient and uniform in your trading.
Wishing you the best !

 

A large amount of patience is required in order to go through the learning curve. It’s not a shortcut where you can become rich overnight.
Also, patience also helps traders to control their emotions when in positions.