Emotion in Forex trading
Aug 14, 2022 at 17:35
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!
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!
Aug 15, 2022 at 00:42
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.
Membre depuis Aug 17, 2022
posts 80
Aug 17, 2022 at 12:30
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.
Membre depuis Jul 20, 2020
posts 399
Aug 17, 2022 at 15:41
Yeah i think all emotions are drivers but if proper risk management is in place this can stop the affect it has but it wont stop it completely
Aug 20, 2022 at 04:55
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.
Membre depuis Aug 17, 2022
posts 60
Aug 20, 2022 at 07:01
While trading, traders go through emotions like fear, anxiety, greed, etc. It's essential to manage your emotions and prevent them from influencing your trading choices.
Membre depuis Jun 22, 2022
posts 21
Sep 23, 2022 at 09:51
Emotions have no place in trading. There is a chance that some people will succeed while others fail. After you accept that, you can turn into a cold-blooded machine.
Oct 03, 2022 at 23:45
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.
Membre depuis Nov 29, 2022
posts 40
Jan 04 at 06:39
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.
Jan 09 at 04:50
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.
And emotion inspires traders to take the wrong decision.
Membre depuis Jan 12, 2023
posts 13
Jan 12 at 08:34
Emotions are a natural part of our intellect that makes us human. We just need to figure out a way to make it worth it and use it to our advantage to bring in profit returns.
Membre depuis Jun 26, 2020
posts 327
Jan 19 at 04:11
emotions is vary natural , no way to stop but it can be controlled by good mindset.
Jan 22 at 22:47
Tradelist45 posted: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.
emotions is vary natural, no way to stop but it can be controlled by good mindset.
