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decision-making in high-pressure
Nov 19, 2023 at 13:37
436 Angesehen
3 Replies
Mitglied seit Mar 16, 2023
28 Posts
Nov 19, 2023 at 13:37
How do you handle emotional decision-making in high-pressure Forex trading scenarios?
Mitglied seit Nov 11, 2022
25 Posts
Nov 19, 2023 at 21:35
The basic answer: having a trading system. Following a trading system takes all emotions out of the game. And not trading more than you are willing to lose.
Mitglied seit Apr 14, 2022
47 Posts
Nov 23, 2023 at 06:17
@jameshilliard1 Absolutely agree! Having a solid trading system is key—it removes emotions and adds discipline.
Nov 23, 2023 at 09:23
NathanialChen posted:
How do you handle emotional decision-making in high-pressure Forex trading scenarios?
I avoid taking decisions in high pressure environment, especially when it comes to dealing with risk. The second best trade after a profitable trade is making no trade at all because you are guaranteed to have zero return which is still decent performance considering that 70-80% traders end up in a loss in trading. Usually my trading plan solves the part where I have to take some tough decision by placing restrictions on what I can lose and earn.
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