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Emotional Trading

Ariest
May 23 at 07:21
29 zpráv(a,y)
I agree with the above written on really controlling emotions is not as easy as it seems to us, but you need to understand that it is necessary.

Pips Laws (Piplaws)
May 26 at 08:17
28 zpráv(a,y)
That is bad and I'm sorry for your loss. You can probably use demo accounts or micro accounts for a while until you get back on your feet.

opportunitycalls
May 26 at 10:11
8 zpráv(a,y)
I have gone back to demo a couple of times. It feels like a step backwards but it is necessary if you want to go forwards

AliaDare
May 26 at 15:01
582 zpráv(a,y)
Profits cannot be gained by trading for a long time if emotions cannot be controlled. Emotional trading tends to ruin a trader's investment. So stay away from emotional trading.

Suradi (FXOday)
May 26 at 22:42
118 zpráv(a,y)
Trader need to control emotion because they can't control the market, its impossible retail trader can control the market, so if they can't control own emotion, hence the market will easily to beat us, greedy is one most bad emotion for a trader that leading to get in failure, if one loss already making us emotion stop trading and wait for next day opportunity.

CocoChannel
May 27 at 09:36
11 zpráv(a,y)
FXOday posted:
Trader need to control emotion because they can't control the market, its impossible retail trader can control the market, so if they can't control own emotion, hence the market will easily to beat us, greedy is one most bad emotion for a trader that leading to get in failure, if one loss already making us emotion stop trading and wait for next day opportunity.

Exactly, emotions always ruin the trading, the only way of making trading profitable is to avoid every sort of emotion and focus on understanding the market.

Alexthetrader
May 27 at 10:45
40 zpráv(a,y)
The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading.

Akasuki
May 27 at 11:47
246 zpráv(a,y)
Getting influenced by emotions during trading is one of the reasons people lose money. Sometimes people open trade out of overjoy, sometimes out of frustration. One should open trade only if your strategy permits.

Bela_fx
May 27 at 12:13
33 zpráv(a,y)
There is no place of emotions in trading. You either win or lose.

Elena Triston (ele020)
May 28 at 06:46
219 zpráv(a,y)
FXOday posted:
Trader need to control emotion because they can't control the market, its impossible retail trader can control the market, so if they can't control own emotion, hence the market will easily to beat us, greedy is one most bad emotion for a trader that leading to get in failure, if one loss already making us emotion stop trading and wait for next day opportunity.

You have correctly described every day trading of a retail broker. Its 100% true that a retail trader has no control over the market, he can only perform according the prevailing situation. If you are losing then take a break and start fresh.. Trading under emotional distress will draw you down to more losses.

The more your practice, the more you learn.
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