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Emotion in Forex trading

Marraby
Apr 05 2019 at 11:39
48 postów
Trading and emotions never work together for any successful trader. You can check trading Psychology classes which are offered on several platforms, though I'd propose Baby Pips school of Pipsiology. Once you know how to control your emotions, then greed wont make you lose

Professional4X
Apr 05 2019 at 21:02
1189 postów
Adribaasmet posted:
Greenwood posted:
Are you saying that emotions are good or bad?


I think, good emotions are supportive but bad emotions are not.



Emotions have no place in trading.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
SkeletonTj
Apr 07 2019 at 05:49
11 postów
Best way to beak emotions is to learn how to trade , use a micro account and practice for a year. There is no easy fix for emotions in trading. Only experience and confidence will help

SR Investments (SRInvestments)
Apr 07 2019 at 06:36
6 postów
I used to scalp the markets and I would get a buzz from it. Almost as if I was gambling. Since I've used higher TF for swing trades I am so much calmer and my stats have improved so much! Check them out. Ive got them on public!

Professional4X
Apr 07 2019 at 20:33
1189 postów
SkeletonTj posted:
Best way to beak emotions is to learn how to trade , use a micro account and practice for a year. There is no easy fix for emotions in trading. Only experience and confidence will help



Automated trade management helps a great deal.


If it looks too good to be true, it's probably a scam! Let the buyer beware.
vontogr (togr)
Apr 08 2019 at 07:34
4862 postów
SkeletonTj posted:
Best way to beak emotions is to learn how to trade , use a micro account and practice for a year. There is no easy fix for emotions in trading. Only experience and confidence will help


Actually best way how to beat emotions is to avoid them.
Avoid emotions is not possible for a human.
The only way is to use trading program to execute the trades.
You will still suffer from emotions when watching the trades outcome yet it is important not to interfere

Imamul
Apr 08 2019 at 10:24
680 postów
When I joined this market place I took it as a casino and tried to make money very quickly . as a result fallen a great loss due to lack of exact trading knowledge , it would be great if we take this market place as professional things. Otherwise we will be loser.

kieran (snapdragon1970)
Apr 08 2019 at 18:29
1945 postów
Imamul posted:
When I joined this market place I took it as a casino and tried to make money very quickly . as a result fallen a great loss due to lack of exact trading knowledge , it would be great if we take this market place as professional things. Otherwise we will be loser.


Professional training was a wake up call to the reality of Trading ,your right about the Casino proceed with the utmost caution.

"They mistook leverage with genius".
Hardolian
Apr 10 2019 at 05:59
29 postów
In my opinion, emotions are good. The problem lies in how we use our emotions when trading. For example, fear can make or brake you as a trader. You can be greedy to an extent that you watch your trades very carefully and use a stop loss, in order to safeguard your profits. At the same time, you can be greedy to an extent of overtrading the market and making losses

vontogr (togr)
Apr 10 2019 at 07:27
4862 postów
Hardolian posted:
In my opinion, emotions are good. The problem lies in how we use our emotions when trading. For example, fear can make or brake you as a trader. You can be greedy to an extent that you watch your trades very carefully and use a stop loss, in order to safeguard your profits. At the same time, you can be greedy to an extent of overtrading the market and making losses


Emotions are controlled by factors not relevant to Forex.
Like somebody died, you got a blowjob this morning, your car broke.
Such things influence your trading and it is not an improvement.

CRPA9
Apr 18 2019 at 06:06
21 postów
AmDiab
Apr 26 2019 at 11:52
718 postów
CRPA9 posted:
Emotion is a money killer.


That’s the point. This is why, we traders need to control our own emotions & greed during our trading sessions.

Adribaasmet
Apr 29 2019 at 06:03
994 postów
CRPA9 posted:
Emotion is a money killer.


No way to avoid your statement but we need to follow our good emotions and need to learn the tricks of controlling bad emotions.

AmDiab
Apr 29 2019 at 17:40
718 postów
Adribaasmet posted:
CRPA9 posted:
Emotion is a money killer.


No way to avoid your statement but we need to follow our good emotions and need to learn the tricks of controlling bad emotions.


I think, in this case: meditation & yoga is much helpful! Even I see, pro traders are very much active on meditation.

Garil
Jun 09 2019 at 10:41
27 postów
You need to be very emotionless for all that take place in something like Forex. All should be done very good at every possible level. No need to obtain anything else beside of what you already have and it will allow you to concentrate on the process.

Professional4X
Jun 09 2019 at 19:58
1189 postów
Adribaasmet posted:
CRPA9 posted:
Emotion is a money killer.


No way to avoid your statement but we need to follow our good emotions and need to learn the tricks of controlling bad emotions.



 
Emotions have NO PLACE in succesfull trading.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
Professional4X
Jun 09 2019 at 19:59
1189 postów
Garil posted:
You need to be very emotionless for all that take place in something like Forex. All should be done very good at every possible level. No need to obtain anything else beside of what you already have and it will allow you to concentrate on the process.


Correct.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
Professional4X
Jun 09 2019 at 20:01
1189 postów
AmDiab posted:
Adribaasmet posted:
CRPA9 posted:
Emotion is a money killer.


No way to avoid your statement but we need to follow our good emotions and need to learn the tricks of controlling bad emotions.


I think, in this case: meditation & yoga is much helpful! Even I see, pro traders are very much active on meditation.



I agree with you.
I've found that meditation to be helpful in controlling my own emotional state.
Not just in trading, but in life in general.
Automation of ones trading strategy for those things which can be automated is also a massive help as well.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
AniLorak
Jun 10 2019 at 09:12
920 postów
Professional4X posted:
AmDiab posted:
Adribaasmet posted:
CRPA9 posted:
Emotion is a money killer.


No way to avoid your statement but we need to follow our good emotions and need to learn the tricks of controlling bad emotions.


I think, in this case: meditation & yoga is much helpful! Even I see, pro traders are very much active on meditation.



I agree with you.
I've found that meditation to be helpful in controlling my own emotional state.
Not just in trading, but in life in general.
Automation of ones trading strategy for those things which can be automated is also a massive help as well.


Really, meditation helps me a lot! But, in my early stage of mediation I missed out the reason of it; but now I have it.

willtradr
Jul 15 2019 at 09:42
26 postów
Greenwood posted:
Are you saying that emotions are good or bad?


 • There are times when stock markets test your nerves so decisions should be governed by logic and not emotions.
 • There is a lot of uncertainty in trading so one should try to make sound decisions based on some research by reading,scanning the news etc.
 • However it is not completely bad to involve emotions as you are investing large amount of funds but one should learn to balance them.

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