Discipline in trading

[Hanan Öberg]

Don’t move to live trading as long as you are not disciplined. We ignore demo trading out of our ignorance. We should more and more practice on demo account because demo trading flourishes our knowledge. FXOpulence allows traders with a free demo account and multiple types of live trading accounts.

[maspluto]

Absolutely, I completely agree with that. If a trader doesn't understand how it works, it's better not to dive straight into a real account. Utilizing a demo account or taking advantage of Tickmill's educational resources can be incredibly beneficial and can make traders better at executing their trades.

[uncle gober]

A demo account is the right choice to train and enhance understanding and knowledge of forex trading. Additionally, I often participate in Tickmill's webinars, which deepen my understanding and insight into the forex market.

[maspluto]

For those who are unfamiliar with the forex market, it's advisable not to dive directly into a real account. It's beneficial to first utilize all the facilities provided by the broker. This way, one can gain preparation and create a solid plan for better trading on a real account with Tickmill.
 

[Hanan Öberg]

Discipline in trading involves sticking to a well-defined strategy, adhering to risk management rules, and avoiding emotional decisions. It requires maintaining consistency in trade execution, following set entry and exit points, and not deviating based on short-term market fluctuations. This approach helps in achieving long-term trading success and mitigating losses.

[maspluto]

There are many ways of working in trading to help with planning and the most important thing to understand is to always study all the facilities available to be able to make trading with the Tickmill broker so that traders can understand it better.