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Don’t Let Your Emotions Dictate Your Forex Trading

Starcliff
May 09 2021 at 09:50
55 posts
When starting a trade, you should always remember that if you give in to your emotions, you will not achieve results.
SofieAndreasen
May 11 2021 at 00:14
759 posts
Learn to control emotion in trading. Also, know about trading psychology.
Cordawield
May 11 2021 at 08:34
65 posts
As soon as you allow emotions to control and master you, then your trade will become unprofitable.
RobSchiz
May 15 2021 at 08:44
567 posts
Cordawield posted:
As soon as you allow emotions to control and master you, then your trade will become unprofitable.
Yes. You have to control your emotions first to make money from this market.
Meloisel
Jun 16 2021 at 08:41
29 posts
As soon as your emotions get the best of you, you immediately start losing.
TradeAndI
Jun 17 2021 at 11:50
9 posts
I believe emotions to be a poison that will destroy one's trading, it is always beneficial if a trader has a control on emotions and is not letting them to overpower his skills, because this is what makes trading profitable.
Tremblay
Jun 18 2021 at 20:18
330 posts
SofieAndreasen posted:
Learn to control emotion in trading. Also, know about trading psychology.
It's very important to control your emotion while trading.
Andronn
Jun 27 2021 at 10:53
90 posts
It is very important to manage both positive and negative emotions, because both can negatively affect trading.
WaltonCharles
Jun 27 2021 at 11:47
144 posts
Meloisel posted:
As soon as your emotions get the best of you, you immediately start losing.
Emotion is the most dangerous enemy in this market.
LyudmilLukanov
Jul 05 2021 at 12:35
796 posts
Many indeed fail in trading because of their emotion which they struggle to control in trading.

SteveHanks
Dec 06 2021 at 19:08
536 posts
LyudmilLukanov posted:
Many indeed fail in trading because of their emotion which they struggle to control in trading.

Yes. every trader should control their emotions while trading.
AliaDare
Dec 07 2021 at 07:46
788 posts
LyudmilLukanov posted:
Many indeed fail in trading because of their emotion which they struggle to control in trading.

Many important achievements of Emotion Trader. Profits can be made with any strategy if the strategy is managed properly.
GraceGilm
Dec 08 2021 at 15:16
154 posts
emotions are such a thing that can turn your work in a good direction, so you don't need to speak so categorically
UweMoench
Dec 31 2021 at 03:35
751 posts
SteveHanks posted:
LyudmilLukanov posted:
Many indeed fail in trading because of their emotion which they struggle to control in trading.

Yes. every trader should control their emotions while trading.
If you trade according to your trading plan; then you’ll be able to overcome your personal dots; otherwise no way.
AliaDare
Jan 02 at 00:46
788 posts
GraceGilm posted:
emotions are such a thing that can turn your work in a good direction, so you don't need to speak so categorically
Emotional trading can turn a profitable trading strategy into a loss trade. Therefore, every trader has to trade by controlling the psychology.
skihav
Jan 02 at 16:58
801 posts
Emotions play a really important role for a trader. Rather not even emotions, but the ability to possess them. This is much more important.
shortant
Jan 11 at 04:14
73 posts
As humans, we can’t control our emotions completely. But when you have seen the market closely and know how calculative you have to be with your trading moves, you get better at managing them. Avoid revenge trading by taking a break after every loss you make.

Yozuru
Jan 11 at 18:58
22 posts
That's really true. The vast majoity of traders let their emotions to take them over control, while it's prohibited when we speak about trading activity. When I say 'prohibited' it means that traders must be conscious and rely only on their logical conclusions and thoughts. Of course, on the very first stages it's very difficult to turn off the emotions, however nobody restrcits you in expressing your emotions. The task is never let them take you over control, because when you make moves under the influence of your emotions you can easily ruin your deposit and the whole trading activity, because emotions don't appeal to your conscious. So, be ready for suppressing your emotions and find an activity which will let you to express them.
pipham
Jan 19 at 06:35
53 posts
Emotions and trading don’t mix well. To avoid being emotional, one should diversify his/her investments, stop trading after 3 consecutive profits or losses and stop looking at profits or losses while trading. Stay focussed and follow the plan.
AliForexTalks
Jan 19 at 10:13
94 posts
This is crucial since it can effect your trading, therefore keeping your emotions under control will help you avoid making costly mistakes in your trading.
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