besides making profit there is only losses and fear. so we the traders have to make sure how to faces losses and control emotions. actually emotions is the foremost enemy in our life only not Forex trading all about life attitudes.
Everything is uncertain in Forex market, so the newcomers always feel frustrated when trading. So before kickoff live account we have to make sure sufficient trading balance that can remove our frustration , otherwise it will be great difficult to survive in this volatile trading market.
Yeah, that's what usually happens. But the fact is that usually the fear of losing money sometimes leads the trader to some impulsive, sometimes illogical actions, which harm the trader himself. Therefore, it is very important to learn how to 'turn off' your fear and other emotions. It is very hard, but until you learn how to shut off emotions and the actions that come after - your trading will not be as successful as you would like. So make conclusions and move on to a more conscious unemotional trading.
leverage is a very complicated issue in Fx trading , sometimes it bring profit very rapidly , sometimes it causes a great losses and risk in spite of having risk management , but after all its one of the major financial issue in Forex.
Mohammadi posted: leverage is a very complicated issue in Fx trading , sometimes it bring profit very rapidly , sometimes it causes a great losses and risk in spite of having risk management , but after all its one of the major financial issue in Forex.
That's right. Leverage if not handled properly can cause great losses. A crucial thing to decide on while trading.
That is why there is such a notion as 'trader's psychology' and in order to become an effective market participant you need to study this topic and understand all the nuances of how you need to prepare for trading, how to keep your emotions under control and how to rest properly after a trading session.
Mostly traders especially the newcomers consider high leverage as much risk. But according to me I don’t consider it. If there is any risk, it is completely with non-sense planning and zero risk management plans, nothing to do with high leverage at all.
It seems to me that fear passes with time or more precisely with experience, because you get used to the fact that something may go wrong with you and accordingly you need to distribute capital, etc. And you don't have to get hysterical, you just have to understand that this is a stage when you get used to the new conditions, it's normal.
Forex trading deals in a high volume of transactions hence the fear of losses is bound to exist.The fear of losing when making a trade has several consequences. It tends to make a timer hesitant to execute his or her timing strategy, this can often lead to an inability to pull the trigger on new entries as well as on new exits.
Roberto21 posted: besides making profit there is only losses and fear. so we the traders have to make sure how to faces losses and control emotions. actually emotions is the foremost enemy in our life only not Forex trading all about life attitudes.
You can avoid fear and emotions issue simply by using expert advisors to trade for you.
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.