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Emotion in Fx

EbonyJones
Sep 03 2020 at 19:13
232 posts
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.
LeviSievwright5
Oct 13 2020 at 02:10
298 posts
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.
Shelby10
Oct 13 2020 at 13:22
140 posts
your emotion can put you in great danger while you are trading in the fx market.
Hillartrading
Oct 22 2020 at 07:41
32 posts
Start by writing down your trading rules and create a trading plan to control your emotions. This is one tip to control your emotions.
Tremblay
Apr 14 2021 at 14:24
330 posts
Shelby10 posted:
your emotion can put you in great danger while you are trading in the fx market.
Emotion is the most dangerous thing in forex trading.
Zarhard (zarhard)
Apr 14 2021 at 14:55
8 posts
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.
Tremblay
May 22 2021 at 08:08
330 posts
Shelby10 posted:
your emotion can put you in great danger while you are trading in the fx market.
Yes. Emotion is the greatest enemy of every trader.
SteveHanks
May 23 2021 at 17:22
536 posts
zarhard posted:
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.
Yes. You are right.
LyudmilLukanov
Sep 07 2021 at 13:58
869 posts
All kind of emotion is harmful in trading.
SofieAndreasen
Sep 08 2021 at 09:30
759 posts
Don’t trade with emotions like greed, revenge, etc.
Williamfreed
Sep 09 2021 at 01:10
176 posts
. 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.
Unellene
Sep 12 2021 at 14:08
283 posts
emotions not only in forex but in life in general can prevent you from getting a good result
HeavenLeighGill (HeavLeighGill26)
Sep 13 2021 at 14:31
401 posts
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.
WaltonCharles
Sep 13 2021 at 21:40
144 posts
Unellene posted:
emotions not only in forex but in life in general can prevent you from getting a good result
Emotion is the most dangerous enemy of a trader in this market.
Rachel (REB_FX)
Sep 14 2021 at 11:52
57 posts
mlawson71 posted:
How do you propose for a trader to learn to control their emotional responses during trading?
Consider the money gone when you place the trade so you detach yourself from it.
SteveHanks
Sep 16 2021 at 18:47
536 posts
WaltonCharles posted:
Unellene posted:
emotions not only in forex but in life in general can prevent you from getting a good result
Emotion is the most dangerous enemy of a trader in this market.
Yes. You are absolutely right.
Saithidor
Nov 24 2021 at 08:09
27 posts
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.
AlanSolarsh
Nov 24 2021 at 09:46
8 posts
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.
Draggyr
Nov 25 2021 at 10:25
25 posts
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.
croisssan
Nov 25 2021 at 14:46
939 posts
Sometimes emotions in trading can lead to not entirely positive results. It should be understood that under the influence of emotions, a trader cannot always make the right decisions.
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