Emotional Trading
Sep 16, 2020 at 00:55
Emotions have no place in Forex trading. A trader can never be successful if he trades with emotions. I have seen many traders who have not been able to make a profit by trading for many years. I have researched about their non-profit, that they give more importance to their emotions while trading. Therefore, when trading you have to trade without emotions and do regular meditation. Meditation helps to control emotions.
Member Since Jul 23, 2020
759 posts
Oct 30, 2020 at 08:18
AliaDare posted:I also meditate before trading. It helps me to clear my mind. Cloud mind can temper your trading mindset.
Emotions have no place in Forex trading. A trader can never be successful if he trades with emotions. I have seen many traders who have not been able to make a profit by trading for many years. I have researched about their non-profit, that they give more importance to their emotions while trading. Therefore, when trading you have to trade without emotions and do regular meditation. Meditation helps to control emotions.
May 11, 2021 at 05:10
We should try to restrain our emotions and avoid our emotions from impacting our conclusions. This isn't straightforward and might take long time and expertise to create our trading emotion free. Emotional management is more essential when a person loses money in Forex trading because this is the time when many men and women behave irrationally and take hasty conclusions with a view to recoup their losses.
Member Since Apr 21, 2021
12 posts
May 11, 2021 at 10:35
Unfortunately, our emotions don't always work for the good. Especially in trade. Here the opposite often happens, our emotions harm us.
But we're not robots and it won't work to turn off the 'emotion' switch in the brain. But we must minimize them.
Although, when you make money, it is difficult to hide your joyful emotions, isn't it? lmao.
But we're not robots and it won't work to turn off the 'emotion' switch in the brain. But we must minimize them.
Although, when you make money, it is difficult to hide your joyful emotions, isn't it? lmao.
May 15, 2021 at 17:32
SofieAndreasen posted:Yes, of course, meditation helps to clear the mind. If a trader's mind is not clear, there can be many problems in trading.AliaDare posted:I also meditate before trading. It helps me to clear my mind. Cloud mind can temper your trading mindset.
Emotions have no place in Forex trading. A trader can never be successful if he trades with emotions. I have seen many traders who have not been able to make a profit by trading for many years. I have researched about their non-profit, that they give more importance to their emotions while trading. Therefore, when trading you have to trade without emotions and do regular meditation. Meditation helps to control emotions.
May 16, 2021 at 22:41
Emotion will never make a good trading setup because all decision only based on emotion, like in angry, sometimes can make any people do act very worst and scaring, trading forex needs more high patience and avoid emotion, choose intraday trading style may reduce emotion rather than use scalping trading strategies.
Member Since Mar 16, 2021
477 posts
May 18, 2021 at 00:19
Every trader has to trade by maintaining psychiatry. If a trader cannot maintain psychology, it will be difficult to make a profit.
Member Since Aug 05, 2019
50 posts
May 18, 2021 at 09:07
Bringing emotions into the trading is such a bad idea, all the emotion should be taken out or atleast be controlled before you can start trading
May 18, 2021 at 22:32
Every time emotion master the minds, usually decision that made based on revenge, and resulted in bad trading plan, never pay attention with the risk anymore and relying on the luck, emotion is like as the source of disasters in forex trading, but sometimes trader felt so hard to avoid emotion, maybe because this is human nature, all have emotion, the difference is how to control minds
Member Since Jul 23, 2020
869 posts
May 20, 2021 at 06:09
It is best to control all kind of emotion in trading.
May 20, 2021 at 08:21
Fx_howie posted:Yes if you do emotional trading you will definitely lose, it’s always better to have a good trading strategy.
If one bring emotions in the trading then everybody knows what happens next so better apply strategies and trade with your mind.
May 20, 2021 at 08:58
AliaDare posted:Right. Trading and emotions are inversely related to each other, the more you engage in trading with emotions the more you will loose. So its better to keep emotions away and keep up your trading in the correct direction
If I do emotional trading, no matter how good the investment, it will prevent me from making a profit. So I have to give up emotions and start trading.
The more your practice, the more you learn.
Member Since Apr 16, 2021
8 posts
May 26, 2021 at 10:11
I have gone back to demo a couple of times. It feels like a step backwards but it is necessary if you want to go forwards
