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Don’t Let Your Emotions Dictate Your Forex Trading

skihav
Mar 20 at 11:57
801 Posts
It is important to understand that the result of such influence can be a trite loss. I think few people would like to get such a result.
justB
Mar 21 at 02:14
6 Posts
I totally agree with you~
Williamfreed
Mar 21 at 02:19
176 Posts
Emotions never help to win the trade so always try to avoid them.
podunk
Mar 24 at 07:33
18 Posts
Emotions are a critical part of trading, and their presence in trading can harm your gains. To avoid them, you have to follow a set of rules and abide by them.
nabobe
Mar 30 at 04:17
22 Posts
Where emotions make us humans, they can be really harmful to traders. Stick with your trading plan to make objective decisions.
Bigmouth
Apr 01 at 07:07
25 Posts
Emotions often blur your analysis since your money is at risk and somewhere deep down, you don’t want to take any risks. But if you want to make money, you will have to take risks in a controlled manner. This is why your emotions need to be kept at the door while you are trading.
skihav
Apr 01 at 12:09
801 Posts
It is important to understand that most often emotions lead to one result. I think it can be understood without clarification.
croisssan
Apr 02 at 11:29
939 Posts
Emotions very often play not the most positive role. It is important to understand that it is precisely because of emotions that the result may not be the most positive.
skihav
Apr 03 at 10:39
801 Posts
It is important to understand that emotions most often have only one result - wrong decisions, and as a result - losses.
Jiffyy
Apr 05 at 06:12
26 Posts
Bigmouth posted:
Emotions often blur your analysis since your money is at risk and somewhere deep down, you don’t want to take any risks. But if you want to make money, you will have to take risks in a controlled manner. This is why your emotions need to be kept at the door while you are trading.
Emotions prevent traders from thinking rationally which affects the trading decisions. Traders should not trade under the influence of emotions.
Salsitude
Apr 05 at 07:52
22 Posts
Any kind of emotion while trading can have adverse effects on the trading. Traders need to control 3 key components of emotions: greed, fear and hope.
synaphea
Apr 08 at 04:11
38 Posts
How you are as a person surely has an impact on how you trade! If you learn emotional control in your daily life, you can control them in the live market also. All you have to do is make up your mind to follow the trading plan and not go beyond it.
Familistery
Apr 12 at 09:41
25 Posts
Emotional trading is a big NO in the world of the forex market. When you go with the flow, you have no idea in which direction your trades are going and it becomes difficult to get back.
Vomitoryy
Apr 14 at 06:32
26 Posts
Forex trading requires analytical thinking and logical calculations while making trading decisions. So you must have a healthy mind, so that you can focus on trading. If you have a cluttered mind filled with worries then it will have a negative impact on your trading too. So make sure to calm your mind and be well aligned with the trading environment while making any crucial decision.
billysnyder
Apr 19 at 05:27
111 Posts
Emotions can take your trading career in the wrong direction. Try not to make them a part of your decision making.
Rejigger
Apr 19 at 07:12
22 Posts
Emotions should never be given space in forex trading. They are capable of ruining your entire trading career. A successful and a smart trader never let the flow of emotion block his trading path. If you do not have strong control on your emotions then no one can save you from failures. Most of the traders lose money because of their inability to control their emotions therefore, it’s very crucial to have control on your emotions.
Europhile
Apr 22 at 05:11
16 Posts
When they say that emotions are your biggest enemy in the forex market, they mean it. It’s easy to get carried away with lucrative market movements or deals. But controlling your emotions and moving ahead as planned is the difference between success and failure.
HeavenLeighGill (HeavLeighGill26)
Apr 24 at 15:00
284 Posts
I like how you mentioned that having a sense of well-being can help with trading results. I started waking up early to shower and make coffee and found that I was more focused and productive since I felt energized and refreshed, and that seems to help me throughout the day as well.
jambeau
May 20 at 03:53
23 Posts
Emotions do not allow traders to be rational while trading. Traders should not allow their emotions to overpower them and affect their trading decisions.
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