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Don’t Let Your Emotions Dictate Your Forex Trading
forex_trader_1996705
Ahli sejak Nov 12, 2020
18 hantaran
Mar 02, 2021 at 15:39
Ahli sejak Nov 12, 2020
18 hantaran
Emotions are not good in trading.
It is important to try and keep them under check when about to enter the Forex market. The most important point is that speculators should have a trading strategy that works and they should follow it to the letter. There should never be an abandoning of risk management stimulated by the variety of feelings that attack a person during the actual trading event.
Having placed a rather negative picture of emotions, the fact is that we are all emotional beings and as a result, we need to ask, what state should our emotions be in when trading? – The answer is that there should be a general feeling of well-being.
The person who generally feels well lacks any particular underlying bias to react irrationally during a trade. It is not good for a depressed person to trade because they will speculate at inappropriate moments and will get more depressed. If a person is loaded with debts and is feeling stressed, he will rush into trades and lose more. A person who has the general feeling of well-being will only suffer from emotions that are common to all people like regret, impatience, fear, excitement etc.
In summary, develope a stoneheart while trading, over my years of trading, i devolope stoneheart each time im trading and take the market as i see it, this have help me consistently and i keep up piling profits upon profits far greater than losing, hence making me very successful profits compiler. I hope the above notes helps you to become a better trader.
It is important to try and keep them under check when about to enter the Forex market. The most important point is that speculators should have a trading strategy that works and they should follow it to the letter. There should never be an abandoning of risk management stimulated by the variety of feelings that attack a person during the actual trading event.
Having placed a rather negative picture of emotions, the fact is that we are all emotional beings and as a result, we need to ask, what state should our emotions be in when trading? – The answer is that there should be a general feeling of well-being.
The person who generally feels well lacks any particular underlying bias to react irrationally during a trade. It is not good for a depressed person to trade because they will speculate at inappropriate moments and will get more depressed. If a person is loaded with debts and is feeling stressed, he will rush into trades and lose more. A person who has the general feeling of well-being will only suffer from emotions that are common to all people like regret, impatience, fear, excitement etc.
In summary, develope a stoneheart while trading, over my years of trading, i devolope stoneheart each time im trading and take the market as i see it, this have help me consistently and i keep up piling profits upon profits far greater than losing, hence making me very successful profits compiler. I hope the above notes helps you to become a better trader.
Ahli sejak Nov 03, 2020
70 hantaran
Mar 03, 2021 at 12:24
Ahli sejak Nov 03, 2020
70 hantaran
This is quite important as it can affect your trading, so having your emotions under controlled are quite useful to avoid facing trial and errors in your trading
forex_trader_1996705
Ahli sejak Nov 12, 2020
18 hantaran
Mar 03, 2021 at 13:13
Ahli sejak Nov 12, 2020
18 hantaran
Yes, very important, that is part of my secrets to make winnings.
Ahli sejak Dec 28, 2020
187 hantaran
Mar 16, 2021 at 08:20
Ahli sejak Dec 28, 2020
187 hantaran
Yes when it comes to trading make sure you leave your emotion at your door.
Ahli sejak Dec 28, 2020
25 hantaran
Mar 16, 2021 at 09:31
Ahli sejak Dec 28, 2020
25 hantaran
When starting to trade, you need to completely disconnect and abstract from everything, especially from your emotions.
Ahli sejak Apr 15, 2020
219 hantaran
Mar 16, 2021 at 09:51
Ahli sejak Apr 15, 2020
219 hantaran
When emotions enter trading, you start losing.
The more your practice, the more you learn.
Ahli sejak Dec 18, 2020
13 hantaran
Mar 24, 2021 at 10:55
Ahli sejak Dec 18, 2020
13 hantaran
Yes, emotions don’t help a trade win and they do nothing but harm to prospective returns.
Ahli sejak Mar 17, 2021
536 hantaran
Mar 24, 2021 at 17:01
Ahli sejak Mar 17, 2021
536 hantaran
The most important thing in forex is trading psychology. A trader's trading psychology also should match to his or her trading strategy. Most traders ignore this aspect but lose money because of this.
Ahli sejak Jan 01, 2021
12 hantaran
Apr 02, 2021 at 10:23
Ahli sejak Jan 01, 2021
12 hantaran
These are some very important points you’ve covered about emotions in trading. There is no room for them if you want to have a profitable trade.
Ahli sejak Apr 03, 2021
13 hantaran
Apr 23, 2021 at 10:38
Ahli sejak Apr 03, 2021
13 hantaran
Yeah, emotions are really bad while trading. They clog the judgement of people.
Ahli sejak Jul 19, 2020
788 hantaran
Apr 23, 2021 at 17:18
Ahli sejak Jul 19, 2020
788 hantaran
I can say from my experience that I have lost a lot by trading emotionally. A lot of times I have closed with a loss in profitable trade which was very sad for me. That is why one should never trade emotionally.
Ahli sejak Mar 16, 2021
477 hantaran
Apr 26, 2021 at 00:35
Ahli sejak Mar 16, 2021
477 hantaran
It was a very good topic. It would be a bit impossible for me to make a profit if I couldn't let go of emotions.
Ahli sejak Aug 07, 2020
75 hantaran
Apr 26, 2021 at 10:27
Ahli sejak Aug 07, 2020
75 hantaran
To learn the theory to get practice, in principle, it is also difficult to control your emotions, but this really exceeds all possibilities
Ahli sejak Jul 19, 2020
788 hantaran
Apr 28, 2021 at 14:07
Ahli sejak Jul 19, 2020
788 hantaran
LukeRachel posted:Yes of course I can never make money if I can't control emotions. In this case, this topic can help me develop my knowledge.
It was a very good topic. It would be a bit impossible for me to make a profit if I couldn't let go of emotions.
Ahli sejak Mar 16, 2021
477 hantaran
Apr 29, 2021 at 13:04
Ahli sejak Mar 16, 2021
477 hantaran
AliaDare posted:Thank you so much for understanding me. Emotion control is very important.LukeRachel posted:Yes of course I can never make money if I can't control emotions. In this case, this topic can help me develop my knowledge.
It was a very good topic. It would be a bit impossible for me to make a profit if I couldn't let go of emotions.
Ahli sejak Aug 26, 2020
78 hantaran
Apr 30, 2021 at 08:00
Ahli sejak Aug 26, 2020
78 hantaran
It may seem that for someone it really is not the main thing, but when you begin to interpret, it is realized that it is quite difficult to be able to control emotions.
Ahli sejak Aug 26, 2020
78 hantaran
Apr 30, 2021 at 08:02
Ahli sejak Aug 26, 2020
78 hantaran
Basically, everyone comes here in order to achieve financial stability, it is absolutely necessary to understand that simplicity is also, and you will need to choose a broker that you can trust.
Ahli sejak Feb 04, 2021
35 hantaran
Apr 30, 2021 at 11:10
Ahli sejak Feb 04, 2021
35 hantaran
Mauk posted:You are right buddy!
It may seem that for someone it really is not the main thing, but when you begin to interpret, it is realized that it is quite difficult to be able to control emotions.
Handling emotions is not an easy task. But I think meditation helps a lot in controlling our emotions.
Ahli sejak Mar 16, 2021
477 hantaran
May 02, 2021 at 01:22
Ahli sejak Mar 16, 2021
477 hantaran
One thing I have followed is that those who are big investors usually work less on their emotions and that is why their business is improving so much. Trading is no exception. It is possible to make money from trading by giving up emotions.
Ahli sejak Nov 16, 2020
55 hantaran
May 09, 2021 at 09:50
Ahli sejak Nov 16, 2020
55 hantaran
When starting a trade, you should always remember that if you give in to your emotions, you will not achieve results.
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