Discipline

We believe trading success is about 20% strategy and 80% mindset.

The key to forex trading success is ultimately not the strategy, but the trader and his attitude. Discipline is the key.

Discipline comes from confidence in your strategy. But it's hard to trade with discipline.

You need discipline to execute your trade signals through losing streaks, and yet stay on course. Otherwise you might as well not have a strategy.

You need discipline to apply strict money management. Otherwise you needlessly risk your trading capital.

To stay on course when you are losing requires confidence in what you are doing, and an understanding of why your strategy will in the end come good. If you don't have confidence in your strategy you won't have discipline.

Anyone has the potential to learn to trade and acquire discipline. But you must do your homework and understand that no one else can give you confidence and discipline... it comes from within.