Become organized and disciplined in beginning.

Becoming an organized and disciplined trader is something that every trader knows they must do. However, most traders are anything but organized and disciplined, or they make an attempt to become organized and disciplined but they don’t maintain it. You obviously need to know what you are looking for in the markets if you want to build an organized and disciplined trading approach around it. So, make sure you know what your trading edge is and that you have mastered it.

good points

Proper money and risk management is essential in forex trading. We all know that forex is a risky market. So, trader should approach the market with proper caution. Otherwise failure is sure to come. I am trading with Forex4you. I always take 2% risk per trade according to my capital. That way I am surviving this since 2017.

Yes, without proper risk and money management, you cannot earn a lot in Forex Trading, even you couldn't survive in it.

Becoming an organized and disciplined trader is something that every trader knows they must do. However, most traders are anything but organized and disciplined, or they make an attempt to become organized and disciplined but they don’t maintain it. You obviously need to know what you are looking for in the markets if you want to build an organized and disciplined trading approach around it. So, make sure you know what your trading edge is and that you have mastered it.

 

Yes and the best way to keep your organized and focused is time maangement and money management plan. You have know which time you will learn and trade as well as how your bet size changes depending on market conditions, your equity etc. This way you will avoid chaotical decisions.

not just in the beginning, one must sustain a constant discipline and stick to the plan, if one get taken by emotions let it be green fear or uncertainty then one losses more than he gains always.

Proper money and risk management is essential in forex trading. We all know that forex is a risky market. So, trader should approach the market with proper caution. Otherwise failure is sure to come. I always take 2% risk per trade according to my capital. That way I am surviving this since 2017.

Proper money and risk management is essential in forex trading. We all know that forex is a risky market. So, trader should approach the market with proper caution. Otherwise failure is sure to come. I always take 2% risk per trade according to my capital. That way I am surviving this since 2017.

 

Yeah, it is impossible to trade without proper risk management because volatility can cause heavy damage to your account so recovery will be slow and and will require lots of patience and caution.

yes this is true, make it a habbit as early as possible, especially since forex is one complicated business tbh