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.
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.
your emotion can put you in great danger while you are trading in the fx market.
Oct 22 2020 at 07:41
Start by writing down your trading rules and create a trading plan to control your emotions. This is one tip to control your emotions.
Shelby10 posted:Emotion is the most dangerous thing in forex trading.
your emotion can put you in great danger while you are trading in the fx market.
Emotion leads to impulse decisions. Thats why I automate it and run my own EA's. Computers never panic in a situation and always think logically.
Shelby10 posted:Yes. Emotion is the greatest enemy of every trader.
your emotion can put you in great danger while you are trading in the fx market.
May 23 2021 at 17:22
zarhard posted:Yes. You are right.
Emotion leads to impulse decisions. Thats why I automate it and run my own EA's. Computers never panic in a situation and always think logically.
Sep 07 2021 at 13:58
All kind of emotion is harmful in trading.
Sep 08 2021 at 09:30
Don’t trade with emotions like greed, revenge, etc.
Sep 09 2021 at 01:10
. You can tell that emotion is your main and first enemy as a forex trader. So you must avoid emotional trading altogether because when you get caught up in your emotions, you can not do well in your forex trading so just remember that emotional trading is not so good for you.
emotions not only in forex but in life in general can prevent you from getting a good result
Sep 13 2021 at 14:31
I think it gets easier to manage emotions the longer you trade but I also think certain factors affect this. For example, a billionaire may be able to remain mostly emotionless if they lose $1,000 on a trade but a poor person is more likely to feel emotional turmoil and will think of all the necessities that money could have bought.
Sep 13 2021 at 21:40
Unellene posted:Emotion is the most dangerous enemy of a trader in this market.
emotions not only in forex but in life in general can prevent you from getting a good result
mlawson71 posted:Consider the money gone when you place the trade so you detach yourself from it.
How do you propose for a trader to learn to control their emotional responses during trading?
Sep 16 2021 at 18:47
WaltonCharles posted:Yes. You are absolutely right.Unellene posted:Emotion is the most dangerous enemy of a trader in this market.
emotions not only in forex but in life in general can prevent you from getting a good result
Emotions control is considered to be something that requires lots of training. We're human beings and we were born with emotions and we're taught how to express emotions because it helps out organism to release hormones. Anyway, traders are emotionless, because any kind of emotiion can harm you a lot in trading activity.
Of course, it's impossible to trader without emotions at all, but you have to minimize their affection on your tradding activity. It requires too much trainings and system can help you with it. Create a special system and try to comply with it.
Of course, it's impossible to trader without emotions at all, but you have to minimize their affection on your tradding activity. It requires too much trainings and system can help you with it. Create a special system and try to comply with it.
Nov 24 2021 at 09:46
Aaln Solarsh says, emotion control in forex trading is veri nececsaary. A common cause of fear is trading too big. Trading with improper size magnifies volatility unnecessarily and causes you to makemistakes you normally wouldn’t make if you weren’t under the stress of risking larger losses than normal.
As far as i concerned, according to my experience, emotions will always prevail over your mind in trading. The return effect can be reached only if you're in trading for several years of even decades, when you know this activity in details and know all the peculiarities of the market price changes. Of course, you can minimize the affection of emotions on your mind and your trading style, but it requires plenty of practicing. Try to concentrate on trading regardless your emotions, forget about them at all. It might help you to setup your organism correctly.
