Beginners - Kill your emotions
forex_trader_384566
Member Since Dec 14, 2016
12 posts
Jan 22, 2017 at 08:17
Stress can be avoided using the EA, it is probably best solution
Member Since Dec 11, 2015
1487 posts
Jan 25, 2017 at 11:42
I don’t know, the lack of control related to EAs stresses me out even more.
Jan 26, 2017 at 08:24
I would simply like to add that even the most experience trades make noob mistakes. I think the reality is we fail to understand who we are, thus not realizing why we make the decisions which we make. Al though I believe most of the forex systems out there are based on a crap, the reality is that some people follow very strick rules which provide excellent results.
@GJscalper for more information
Member Since Dec 11, 2015
1487 posts
Jan 29, 2017 at 08:05
Charles_F posted:Clert posted:
Good advises, it is practically impossible to leave yourself wit cool had during trading unless you burn your head a couple of times :-) if you understand what I mean
Hahaha, be careful when you play with the fire! 😉
Hahaha, that is one interesting mental image. Kind of true too, I have definitely had moments when I’ve felt like my head was on fire while trading.
Member Since Aug 10, 2016
8 posts
Jan 30, 2017 at 09:26
mlawson71 posted:
Hahaha, that is one interesting mental image. Kind of true too, I have definitely had moments when I’ve felt like my head was on fire while trading.
Everyone who ever dealt with real accounts had ;)
Jan 30, 2017 at 14:29
mlawson71 posted:Charles_F posted:Clert posted:
Good advises, it is practically impossible to leave yourself wit cool had during trading unless you burn your head a couple of times :-) if you understand what I mean
Hahaha, be careful when you play with the fire! 😉
Hahaha, that is one interesting mental image. Kind of true too, I have definitely had moments when I’ve felt like my head was on fire while trading.
If that happens, best to stop trading and seek medical attention immediately, or at least have an extinguisher within reach! 😁
For every loss there should be at least an equal and opposite profit.
Member Since Dec 11, 2015
1487 posts
Jan 31, 2017 at 11:23
Hahaha, that is one possible solution to the problem.
Jan 31, 2017 at 13:34
xgavinc posted:mlawson71 posted:Charles_F posted:Clert posted:
Good advises, it is practically impossible to leave yourself wit cool had during trading unless you burn your head a couple of times :-) if you understand what I mean
Hahaha, be careful when you play with the fire! 😉
Hahaha, that is one interesting mental image. Kind of true too, I have definitely had moments when I’ve felt like my head was on fire while trading.
If that happens, best to stop trading and seek medical attention immediately, or at least have an extinguisher within reach! 😁
I believe that moving of price towards TP is the best extinguisher ever 😉😁
Learn then earn
Jan 31, 2017 at 14:06
(edited Jan 31, 2017 at 14:10)
Sotarbin posted:xgavinc posted:mlawson71 posted:Charles_F posted:Clert posted:
Good advises, it is practically impossible to leave yourself wit cool had during trading unless you burn your head a couple of times :-) if you understand what I mean
Hahaha, be careful when you play with the fire! 😉
Hahaha, that is one interesting mental image. Kind of true too, I have definitely had moments when I’ve felt like my head was on fire while trading.
If that happens, best to stop trading and seek medical attention immediately, or at least have an extinguisher within reach! 😁
I believe that moving of price towards TP is the best extinguisher ever 😉😁
If it doesn't you risk spontaneous combustion! 😲 Which ironically happened to me last night (@mlawson - that's like 17 or 18th bust now in 6 years 😳) - Note to self (again!): don't change your strategy if it's been working for over 6 months! 😡
As to my emotion (pertinent to the thread) - Ah bugger!, ok, refund, let's go! (no emotion... been doing this too long for that) 😁
For every loss there should be at least an equal and opposite profit.
Member Since Dec 11, 2015
1487 posts
Feb 01, 2017 at 13:01
Ouch, I’m sorry that happened. Last night I did the best thing I could possibly do – I closed all positions and I went to bed early, because I needed a good night’s sleep. No strategy can help you if you’re too tired to think.
Feb 01, 2017 at 13:18
Slow wins the race, got a little too ambitious, thought it would work... guess not 😁. Just another addition to my list of 'Don't do these again, no really, dont!' 🙄
For every loss there should be at least an equal and opposite profit.
Member Since Feb 22, 2011
4862 posts
Feb 01, 2017 at 13:19
xgavinc posted:
Slow wins the race, got a little too ambitious, thought it would work... guess not 😁. Just another addition to my list of 'Don't do these again, no really, dont!' 🙄
exactly you need to act at proper time
it takes a lot of practice to determine moment when it is better to wait and moment when it is better to act
Member Since Dec 11, 2015
1487 posts
Feb 02, 2017 at 13:02
BaldoN posted:
I would also add here: do not run after market. Make your plan for entry and exits and wait market to come to your planned levels (ex. supports or resistances, touch trades if you use MA's etc. - then shot :)
I agree. Also, understand that the market is always right. Hoping that it will just turn in your favour won’t make it so.
