Quote from: Kelvinid on July 05, 2023, 09:31:02 PM

Quote from: greengrassis on July 05, 2023, 06:39:57 PM

The ability to stop yourself in time is no less important than knowing the peculiarities of the market. When I started working with a broker from Amarkets, I tried for a long time to master my limits correctly, and I can say that this is definitely not an easy task.

In order to succeed, we must have to go beyond our limits. It is like pushing ourselves to work harder and reach our goals because staying on what we have today isn't a good idea, we must have to pursue our goals and get it.
Investing could be a different approach but still, we need to know further and enhance our knowledge as these are the tool that would help us to succeed. There is no easy way of doing it as it comes with hard work but the results are great.

Well, in order to succeed in a market like this, you will need discipline and to understand your limits and when you should buy and when you need to sell, going beyond your limits can cause you serious losses sometimes when it comes to investments, so even if you have more, you should invest more than you can afford to lose unless you realize that there is going to be guaranteed profit and that shouldn't just be based on assumptions.

You need to set your goals when you are making an investment in a market like this, and along with your goal, you set your limits and rules, and regulations, and you are a good trader, you will follow the discipline you've set for yourself and it will make sure that you succeed.