Does emotion harm?

May 25, 2022 at 08:07
Vistas 2,161
40 Replies
Miembro desde Apr 03, 2021   posts 470
Jul 27, 2022 at 21:01
Depending on the type of emotion, in human beings, there are emotions like anger, sadness, happiness, good, etc. Emotion could affect to trading depending upon traders will handle it, emotion become bad when traders make decision out from rational thought.
Miembro desde Jul 28, 2022   posts 11
Jul 28, 2022 at 04:40
Simply, having a positive emotions help and the negative emotions harm.
Miembro desde Aug 19, 2021   posts 240
Aug 09, 2022 at 16:14
Oh I do not understand why you talk about emotions like that. It is as essential as breathing. Finally accept your emotions. They are not only negative, but also positive.
Miembro desde Jan 11, 2022   posts 45
Aug 18, 2022 at 04:26
When emotions are not according to what you want them to be, it is better to leave trading. There is no use trading when we cannot trade. Knowledge and risk management reduce emotional imbalance, but complete control depends on the trader only; a trader can help prevent heavy losses by using emotions in a positive way. Without control over emotions, trading is risky, and the trader has to experience this personally.
Miembro desde Aug 17, 2022   posts 45
Aug 19, 2022 at 04:15
Emotional trading makes you vulnerable which results in losing a large amount of money. It also results in over trading and further increases the chances of revenge trading. So it's wise to adopt an analytical approach and base your decisions on facts and figures.

Miembro desde Jul 26, 2022   posts 49
Sep 03, 2022 at 08:02
Yes, in order to succeed in forex, one must keep their emotions under control.
Miembro desde Feb 15, 2022   posts 183
Sep 03, 2022 at 14:32
LyudmilLukanov posted:
Emotion is one of the worst human qualities that drive a person towards failure. Traders take any adverse decision anytime being grabbed by emotion. Successful traders never serve their emotion. Emotion is a drive that inspires a trader to take higher risk in the anticipation of earning more within a short time.
If you bare hell-bent on becoming successful in trading then you should know that success in trading depends on several aspects, and choosing reliable trading broker is one of those aspects.
Miembro desde Apr 27, 2022   posts 17
Oct 11, 2022 at 13:08
When certain emotions lead to disruptive and harmful trading conduct, issues may occur. It is more crucial to recognize the precise feeling and comprehend its impact on your trading than to consider whether the emotion is current or predicted. I mean you do not have to be emotioneless when it comes to trading. Just make sure you keep your emotions balanced as you trade.
Miembro desde Apr 18, 2022   posts 51
Oct 14, 2022 at 13:40
Being a trader , I believe one may better manage emotions when he/she trade by creating guidelines for themselves to follow. Setting risks may be one of the guidelines.
Miembro desde Aug 02, 2022   posts 22
Oct 17, 2022 at 04:58
Emotions will not harm you if you are able to separate it from your professional life. Even an emotional or sensitive person can become a good trader if they are able to manage these emotions over time. Sometimes these emotions can also help us in a way if they are rational. Like the right amount of fear will keep us away from overtrading and the right amount of excitement and optimism will help us to keep on trading. It is about finding a balance and blocking thoughts and feelings that seem irrational or overwhelming.
Miembro desde Sep 14, 2022   posts 40
Oct 17, 2022 at 07:14
Yes! Emotions can harm a person trading. In order to maintain your emotions, it is best to keep yourself patient. Also, proper planning can be very useful.
Miembro desde Sep 13, 2022   posts 8
Oct 20, 2022 at 08:06
Emotions are not your enemy unless you lack control over these emotions. But unfortunately most traders end up becoming prey to emotional trading. Being emotionally mature is very important for trading success. And those who have this trait will surely have an edge over those who simply lack emotional intelligence.
Miembro desde Oct 04, 2022   posts 15
Oct 21, 2022 at 06:28
In trading, yes. You have to be decisive while trading and do not let emotions intervene with your judgement. But many traders get scared or lose confidence while trading. Hence, they lose. A good trader should rely on the data, planning, and analysis to avoid getting caught in making impulsive decisions.
Miembro desde Feb 16, 2022   posts 119
Oct 22, 2022 at 12:49
Analysis of different types should be placed on the market to capture its trend. Market reality is really difficult and traders need time and analysis to catch it.
Miembro desde Aug 16, 2022   posts 8
Oct 26, 2022 at 11:08
Emotions always hurt business. But without them we wouldn't be human :)
But in the case of earnings, they only harm. Something has to be sacrificed.
Miembro desde Sep 13, 2022   posts 16
Oct 31, 2022 at 10:18
Emotion is only a natural feeling and if ignored, can build up to something that is not worth time or energy. Hence, if traders find a way to channel their emotions in a regular manner and view the market from a clear mind and perspective, brainstorming and analysing gets much easier. Hence, smart traders are innovative controllers who are organised and apt in their approach. They minimise risk and find the most suitable way to make good returns.
Miembro desde Aug 06, 2022   posts 17
Oct 31, 2022 at 12:35
It's critical to keep your emotions under control so they don't affect how you make trading judgements. But one can try patience and discipline so that it doesn't affect your trading.
Miembro desde Sep 09, 2022   posts 9
Nov 02, 2022 at 10:31
Yes, emotions are a trader's worst enemy. It sets traders up for failure in the market and financial loss. It is always better to control your emotions and keep them away from your trading.
Miembro desde Oct 27, 2022   posts 17
Nov 02, 2022 at 12:08
In my opinion emotions do have a major impact on our trading behaviour, we take less risks and have lower expectations when we feel anxious and fearful.
Miembro desde Feb 01, 2022   posts 17
Nov 02, 2022 at 16:25
they definitely harmful, that is why robot is always the best choice if you have money but lack of self control. emotion control & money management are the main ingredients to success or fail in trading.
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