Emotion in Fx

Jan 30, 2018 at 11:56
3,215 Views
75 Replies
Member Since Oct 22, 2019   41 posts
Oct 23, 2019 at 07:58
I think it is extremely important to leave emotions while you are trading as they affect your trades.
Member Since Oct 22, 2019   8 posts
Oct 23, 2019 at 13:11
This is why you don't trade when you are working in your office. Trade at home.
Never stop learning from strangers.
forex_trader_795593
Member Since Oct 09, 2019   32 posts
Oct 24, 2019 at 04:02
It is very important to preserve the emotion while trading. Stay disciplined and try not to be overcome by the success or loss in trading.
Member Since Apr 18, 2017   920 posts
Oct 31, 2019 at 05:20
mariaartenia posted:
This is why you don't trade when you are working in your office. Trade at home.

Maybe you are a part time trader; so this scenario is totally different to the full time trader! Hope you got my point!
Member Since Mar 03, 2019   57 posts
Oct 31, 2019 at 11:44
It can be difficult controlling emotions, however to be a successful trader you need to find a way of doing this.
Member Since Oct 22, 2019   33 posts
Nov 01, 2019 at 05:17
Accept that you can’t control the market and deal with it.
Member Since Mar 03, 2019   57 posts
Nov 02, 2019 at 15:22
Skater posted:
I second that. EA is the easiest way to keep a cool head and made som pips
yes, especially while you are getting to grips with it all.
Member Since Nov 06, 2019   48 posts
Nov 12, 2019 at 04:55
This is why I set and forget my trades. I usually put all my trades on by around 11am and then have the rest of the day working on something else. The only time I check is around big economic news times. Set sl and let the trades play out :)
Winning...
Member Since Nov 08, 2019   26 posts
Nov 12, 2019 at 05:51
Emotions are very difficult to control, it is a part of you. It is very easy for the newbie to let the emotions get them because they don't know what to do after making losses, so they could try to take revenge by trading again thinking that it will be for sure a win and the history repeats.
Member Since Jan 05, 2016   1189 posts
Nov 13, 2019 at 08:17
mlawson71 posted:
How do you propose for a trader to learn to control their emotional responses during trading?

Effective automation where feasible and reasonable.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Oct 07, 2019   39 posts
Nov 15, 2019 at 07:10
Emotions are going to interfere in trading but one needs to learn how to handle it.
Member Since Oct 24, 2019   45 posts
Nov 21, 2019 at 11:03
If you are in trading remember that you are going to lose money. This is going to happen, and it cannot be avoided in the long term no matter what you do. The best way to let emotions take over your strategy is to keep piling into new trades.
Revenue is vanity, profit is sanity, but cash is king
Member Since Oct 22, 2019   33 posts
Mar 25, 2020 at 11:18
Gabriel99 posted:
Emotions are going to interfere in trading but one needs to learn how to handle it.
True. How do you suggest to cope with emotions occur while trading?

Member Since Mar 23, 2020   63 posts
Mar 28, 2020 at 10:25
Betty_60 posted:
Gabriel99 posted:
Emotions are going to interfere in trading but one needs to learn how to handle it.
Emotions can really have a big impact on our trades. I usually try and maintain a journal while trading so that things remain sorted, plus I try not to overtrade. Any other suggestions on how one can handle emotions nicely?
That's right, maintaining a trading journal is a good idea!
Member Since Dec 09, 2014   11 posts
Apr 05, 2020 at 04:24
Becoming a good trader takes time, you also need some very important mentality in your mind
Member Since Oct 19, 2019   34 posts
Apr 06, 2020 at 11:25
Baazex posted:
If you are in trading remember that you are going to lose money. This is going to happen, and it cannot be avoided in the long term no matter what you do. The best way to let emotions take over your strategy is to keep piling into new trades.
Do you mean one should over trade?
Member Since Dec 28, 2019   25 posts
Apr 18, 2020 at 14:47
That's very important cause you need to remain calm no matter what possible and absolutely. Cause if you will do some other actions it very negatively will reflect you anyway on many possible reasons entirely. I do want to please;)
Member Since Aug 27, 2017   994 posts
Apr 21, 2020 at 16:48
Greed is one of the most common problem for new traders, they actually focus on their earning rather than learning! That’s too bad! Try to learn first, without learning- earring is totally impossible. So, keep concentrating on demo & practice.
Member Since Jul 20, 2020   232 posts
Sep 03, 2020 at 19:13
Emotion is the most dangerous enemy for a trader in this forex market. If you can not control your emotions you can face a great loss.
Member Since Jul 20, 2020   298 posts
Oct 13, 2020 at 02:10
The main obstacle to success is emotional trading. Emotional trading can never be profitable. New traders do emotional trading. Due to which they cannot make a profit. The attitude of covering losses quickly is called emotional trading. Regular meditation should be done to control emotions.
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