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Beginners - Kill your emotions

Martin (martinkolbe)
Oct 25 2016 at 08:52
35 postów
A lot of people are explaining that new traders should ' kill their emotions', but we always have to consider the fact that, we are not robots! We can't just simply switch off our emotions. But we can train our selves to resist the temptation of using them in trading and the best way to do that from my experience is with demo trading accounts. Manage to double at least 2 or 3 demo accounts, and you are ready to begin learning trading with real money.

Rafael (Pumentio)
Oct 26 2016 at 06:54
12 postów
@martinkolbe We are not robots, even worse - we are forex traders :-D In fact, it is impossible for a mentally healthy man to switch off emotions. So the best way out is to handle them and make them work for trading properly.

janettte
Oct 26 2016 at 14:26
30 postów
Pumentio posted:
@martinkolbe We are not robots, even worse - we are forex traders :-D In fact, it is impossible for a mentally healthy man to switch off emotions. So the best way out is to handle them and make them work for trading properly.

I couldn't agree with you more

Clive (CliveCampbell)
Nov 04 2016 at 09:03
47 postów
come on guys, ofcourse you can't switch off your emotions, but it's all about the experience. Every adult mentally healthy person could do it

Messittos
Nov 07 2016 at 08:01
6 postów
Surely it is impossible to 'kill' or 'turn off' emotions, the difficulty is that exactly these emotions should be perceived while trading differently in comparison to every day life, therefore we need to suffer losses to learn how to handle ourselves.

mlawson71
Nov 07 2016 at 11:19
1487 postów
Emotions are an integral part of who we are as human beings, turning them off completely is not possible, nor is it healthy to try and do so. One can and should, however, learn how to manage them and keep them under control when trading.

prakash (prakash104)
Nov 07 2016 at 15:32
21 postów
Controlling emotions or killing emotions means that you must not commit emotional trading mistakes.I know that human beings cannot fully control their mind.But in trading controlling our emotions is very vital so that we can win in forex trading.
      One single mistake can destroy an entire trading account that is build over the years. So we should be a master of mind control.Otherwise we can't win.

"Slow and steady wins the race"
mlawson71
Nov 08 2016 at 10:46
1487 postów
Generally speaking, one shouldn't be taking risks big enough that would lead to the draining of an entire account because of one mistake.

Clive (CliveCampbell)
Nov 08 2016 at 12:29
47 postów
Maybe some healthy practices like meditation can actually help us. The point is not to turn off emotions but to learn how to recover mentally from unexpected situations and the stress involved. I think this comes with experience.

theHand
Nov 08 2016 at 21:57
365 postów
Or maybe we should all just automate and the problem goes away. I realised many years ago I was the weak link in all of this. So I automated myself out of the process.

Never looked back.

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