First of all, you need to understand that trading is a very emotional activity. It can cause damage. It doesn't matter if it's a bad emotion or a good one. A trader can have a good mood and strongly believe in himself. So he can do rash things and lose money.... I think that would be very sad! That's why you have to learn to trade with real money. Demo account is needed only to study the trading platform. It doesn't matter what it is, Metatrader or some custom platform. Then you need to have a minimum deposit and learn to trade. I think that would be the right thing to do!
Emotion is like an enemy that appears from ourselves, most traders proven when trading based emotion the result eventually facing to failure, trading need clear and calm minds, it will make us to become more comfortable and will able to create plan trading based on minds and not based emotions.
Although it is frequently said that fear and greed are the fundamental drivers of market behavior, other emotions, like anger and disappointment, are also potent motivators of behavior and one should always be mindful while trading.
Some of the most common emotions traders experience include fear, nervousness, conviction, excitement, greed and overconfidence. A common cause of fear is trading too big. Trading with improper size magnifies volatility unnecessarily and causes you to make mistakes you normally wouldn’t make if you weren’t under the stress of risking larger losses than normal.
Trading forex under emotional pressure usually will face so many hurdles, emotion in trading should to eliminated to work properly running plan trading based on preference. Maybe not be easy for emotional traders, but in trading, this is very important to keep calm minds and use minds to work.
Emotions are a natural occurrence while trading but it doesn’t mean that there is nothing you can do about them. It would take experience and time for you to understand the influence of your emotions on your trades.
Emotion can have a significant impact on trading, as it can influence decision making and risk taking. It is important for traders to try to remain objective and not let their emotions drive their trades, as this can lead to impulsive decisions that may not be based on logical analysis. In order to be successful, it is essential for traders to develop strategies to manage their emotions and make rational, informed decisions.
Yes, Forex can be a good investment for you if you take decisions based on your mind, not your emotion. Forex and emotion can’t be kept together because Forex is such a place where a wrong decision can make you suffer. And emotion inspires traders to take the wrong decision.
Tradelist45 posted: emotions is vary natural, no way to stop but it can be controlled by good mindset.
Emotion is human nature, not only traders, a child already have emotions in their minds, and when you take their toys possibly makes them emotional, trader actually don't want to lose money in trading, but because loss is part in trading so want to not trader need accept the loss as risk trading.
AVERTISSEMENT SUR LE RISQUE ÉLEVÉ : Le trading de devises comporte un niveau de risque élevé qui peut ne pas convenir à tous les investisseurs.
Leffet de levier crée un risque supplémentaire et une exposition aux pertes. Avant de décider de négocier des devises, examinez attentivement vos objectifs dinvestissement, votre niveau dexpérience et votre tolérance au risque.
Vous pourriez perdre une partie ou la totalité de votre investissement initial. Ninvestissez pas largent que vous ne pouvez pas vous permettre de perdre. Renseignez-vous sur les risques associés au trading de devises et demandez conseil à un conseiller financier ou fiscal indépendant si vous avez des questions.
Toutes les données et informations sont fournies "en létat", uniquement à titre dinformation, et ne sont pas destinées à des fins de trading ou de recommandation.
Les performances passées ne sont pas indicatives des résultats futurs.