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How Discipline Makes me a successful trader

Hello friends  welcome to the #Traderlifestyle

I hope you are fine and also had read my last blog about why The Following Principals Are Important In Trading to thank you for sharing this blog with all your trading community and I am dam sure that you get tons of value from this blog which will improve your trading.

so guys in this blog I share you all my trade of this first week of April, and also share you my one mistake which gave me a very good learning lesson and also fees me a lot more.

so let's start





as I told you lots of time trading is all about the risk-reward ratio if you have disciplined risk-reward ratio your position will be profitable at the end of the month I want to show you my march month p\l statement in which my position was profitable one due to discipline risk-reward  

you can see that I have  had  taken only 18 trade-in march and  in 7 trade I get stop loss so ultimately my trading accuracy is 60% but because of the disciplined risk (at least 1:3) I am in a profitable, whenever I win the trade I get 3, and whenever I lose the trade, I loss 1
so I hope you get to understand the importance  of the risk-reward ratio 

let's talk about the second trade 

this is my second trade of this month in which I get stop-loss the this was very bit stop-loss the reason the stop loss is "I don't follow in trading rule, I don't follow risk-reward and lots more I take this trade in an aggressive manner, but this trade was in a conservative manner I should have to take this trade in a conservative manner but because of the emotion I take very its trade-in very wrong manner, as you can see the technical chart this is the perfect length, the price is moving in a perfect ascending channel and also this is the weekly chart so the importance of a long timeframe is also shown.
so this is the mistake which is done my nit you so be disciplined and focused don't trade with emotions "always remember whenever you trade make sure put your emotion in the door and trade with the only mind"

lets talk of the last and 3rd trade of the first week

this is the last trade of this  week and this gas amazing, the structure of gold was looking very attractive and  this is also taken at least three days to sustain above the support level,
this is the trade in which I have a low probability to get the target but I apply all my condition and i get the conclusion that I can take this trade so I had initiated this trade and also I get the whole target.

so here the learning point  for you is if you  get the indication of any trade which have low probability to get the target, so you can apply your trading condition, your rule, your risk-reward all the thinks which makes your trade successful, so after doing this process you will get the conclusion  that you should initiate a trade or not 

so thank you for reading this blog I have you get tones of value  from this blog, if you really like this blog please share, and also give me feedback about this blog
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😊StayTuned😊 
💹Happy Trading💹

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