When starting a trade, you should always remember that if you give in to your emotions, you will not achieve results.
May 11 2021 at 00:14
Learn to control emotion in trading. Also, know about trading psychology.
May 11 2021 at 08:34
As soon as you allow emotions to control and master you, then your trade will become unprofitable.
Cordawield posted:Yes. You have to control your emotions first to make money from this market.
As soon as you allow emotions to control and master you, then your trade will become unprofitable.
As soon as your emotions get the best of you, you immediately start losing.
I believe emotions to be a poison that will destroy one's trading, it is always beneficial if a trader has a control on emotions and is not letting them to overpower his skills, because this is what makes trading profitable.
SofieAndreasen posted:It's very important to control your emotion while trading.
Learn to control emotion in trading. Also, know about trading psychology.
It is very important to manage both positive and negative emotions, because both can negatively affect trading.
Jun 27 2021 at 11:47
Meloisel posted:Emotion is the most dangerous enemy in this market.
As soon as your emotions get the best of you, you immediately start losing.
Jul 05 2021 at 12:35
Many indeed fail in trading because of their emotion which they struggle to control in trading.
Dec 06 2021 at 19:08
LyudmilLukanov posted:Yes. every trader should control their emotions while trading.
Many indeed fail in trading because of their emotion which they struggle to control in trading.
LyudmilLukanov posted:Many important achievements of Emotion Trader. Profits can be made with any strategy if the strategy is managed properly.
Many indeed fail in trading because of their emotion which they struggle to control in trading.
emotions are such a thing that can turn your work in a good direction, so you don't need to speak so categorically
SteveHanks posted:If you trade according to your trading plan; then you’ll be able to overcome your personal dots; otherwise no way.LyudmilLukanov posted:Yes. every trader should control their emotions while trading.
Many indeed fail in trading because of their emotion which they struggle to control in trading.
GraceGilm posted:Emotional trading can turn a profitable trading strategy into a loss trade. Therefore, every trader has to trade by controlling the psychology.
emotions are such a thing that can turn your work in a good direction, so you don't need to speak so categorically
Emotions play a really important role for a trader. Rather not even emotions, but the ability to possess them. This is much more important.
As humans, we can’t control our emotions completely. But when you have seen the market closely and know how calculative you have to be with your trading moves, you get better at managing them. Avoid revenge trading by taking a break after every loss you make.
That's really true. The vast majoity of traders let their emotions to take them over control, while it's prohibited when we speak about trading activity. When I say 'prohibited' it means that traders must be conscious and rely only on their logical conclusions and thoughts. Of course, on the very first stages it's very difficult to turn off the emotions, however nobody restrcits you in expressing your emotions. The task is never let them take you over control, because when you make moves under the influence of your emotions you can easily ruin your deposit and the whole trading activity, because emotions don't appeal to your conscious. So, be ready for suppressing your emotions and find an activity which will let you to express them.
Emotions and trading don’t mix well. To avoid being emotional, one should diversify his/her investments, stop trading after 3 consecutive profits or losses and stop looking at profits or losses while trading. Stay focussed and follow the plan.
Jan 19 at 10:13
This is crucial since it can effect your trading, therefore keeping your emotions under control will help you avoid making costly mistakes in your trading.
