To use chat, please login.
Back to contacts

Emotion in Fx

Williamfreed
Sep 09 at 01:10
68 ieraksti
. You can tell that emotion is your main and first enemy as a forex trader. So you must avoid emotional trading altogether because when you get caught up in your emotions, you can not do well in your forex trading so just remember that emotional trading is not so good for you.

Unellene
Sep 12 at 14:08
283 ieraksti
emotions not only in forex but in life in general can prevent you from getting a good result

HeavenLeighGill (HeavLeighGill26)
Sep 13 at 14:31
109 ieraksti
I think it gets easier to manage emotions the longer you trade but I also think certain factors affect this. For example, a billionaire may be able to remain mostly emotionless if they lose $1,000 on a trade but a poor person is more likely to feel emotional turmoil and will think of all the necessities that money could have bought.

WaltonCharles
Sep 13 at 21:40
128 ieraksti
Unellene posted:
emotions not only in forex but in life in general can prevent you from getting a good result

Emotion is the most dangerous enemy of a trader in this market.

Rachel (REB_FX)
Sep 14 at 11:52
50 ieraksti
mlawson71 posted:
How do you propose for a trader to learn to control their emotional responses during trading?

Consider the money gone when you place the trade so you detach yourself from it.

SteveHanks
Sep 16 at 18:47
446 ieraksti
WaltonCharles posted:
Unellene posted:
emotions not only in forex but in life in general can prevent you from getting a good result

Emotion is the most dangerous enemy of a trader in this market.

Yes. You are absolutely right.

Saithidor
Nov 24 at 08:09
20 ieraksti
Emotions control is considered to be something that requires lots of training. We're human beings and we were born with emotions and we're taught how to express emotions because it helps out organism to release hormones. Anyway, traders are emotionless, because any kind of emotiion can harm you a lot in trading activity.
Of course, it's impossible to trader without emotions at all, but you have to minimize their affection on your tradding activity. It requires too much trainings and system can help you with it. Create a special system and try to comply with it.

AlanSolarsh
Nov 24 at 09:46
8 ieraksti
Aaln Solarsh says, emotion control in forex trading is veri nececsaary. A common cause of fear is trading too big. Trading with improper size magnifies volatility unnecessarily and causes you to makemistakes you normally wouldn’t make if you weren’t under the stress of risking larger losses than normal.

Draggyr
Nov 25 at 10:25
21 ieraksti
As far as i concerned, according to my experience, emotions will always prevail over your mind in trading. The return effect can be reached only if you're in trading for several years of even decades, when you know this activity in details and know all the peculiarities of the market price changes. Of course, you can minimize the affection of emotions on your mind and your trading style, but it requires plenty of practicing. Try to concentrate on trading regardless your emotions, forget about them at all. It might help you to setup your organism correctly.

croisssan
Nov 25 at 14:46
477 ieraksti
Sometimes emotions in trading can lead to not entirely positive results. It should be understood that under the influence of emotions, a trader cannot always make the right decisions.

Lūdzu ienāciet, lai komentētu.