decision-making in high-pressure

Nov 19, 2023 at 13:37
240 Paparan
3 Replies
Ahli sejak Mar 16, 2023   28 hantaran
Nov 19, 2023 at 13:37
How do you handle emotional decision-making in high-pressure Forex trading scenarios?
Ahli sejak Nov 11, 2022   4 hantaran
Nov 19, 2023 at 21:35
The basic answer: having a trading system. Following a trading system takes all emotions out of the game. And not trading more than you are willing to lose.
Ahli sejak Apr 14, 2022   41 hantaran
Nov 23, 2023 at 06:17
@jameshilliard1 Absolutely agree! Having a solid trading system is key—it removes emotions and adds discipline.
Ahli sejak Feb 12, 2016   53 hantaran
Nov 23, 2023 at 09:23
NathanialChen posted:
How do you handle emotional decision-making in high-pressure Forex trading scenarios?
I avoid taking decisions in high pressure environment, especially when it comes to dealing with risk. The second best trade after a profitable trade is making no trade at all because you are guaranteed to have zero return which is still decent performance considering that 70-80% traders end up in a loss in trading. Usually my trading plan solves the part where I have to take some tough decision by placing restrictions on what I can lose and earn.
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