Mar 28 2019 at 12:37
REB_FX posted:
Understanding mindset in trading was a break through for me.
Learning the nuts and bolts I would say is the easier part, controlling your emotions and developing the mindset to apply what you know is the key to unlocking success.
In this case; meditation is a very useful practice! It helps to build a stable metal progress.
Mar 31 2019 at 10:12
AniLorak posted:REB_FX posted:
Understanding mindset in trading was a break through for me.
Learning the nuts and bolts I would say is the easier part, controlling your emotions and developing the mindset to apply what you know is the key to unlocking success.
In this case; meditation is a very useful practice! It helps to build a stable metal progress.
Yes, I know a few traders who use meditation every day, and find it works very well
Mar 31 2019 at 11:12
REB_FX posted:AniLorak posted:REB_FX posted:
Understanding mindset in trading was a break through for me.
Learning the nuts and bolts I would say is the easier part, controlling your emotions and developing the mindset to apply what you know is the key to unlocking success.
In this case; meditation is a very useful practice! It helps to build a stable metal progress.
Yes, I know a few traders who use meditation every day, and find it works very well
That’s the beauty of meditation; it helps a lot! It will help you to take smartest decision during your trading sessions.
Apr 01 2019 at 08:01
ComebackKing posted:Adribaasmet posted:Greenwood posted:
Are you saying that emotions are good or bad?
I think, good emotions are supportive but bad emotions are not.
You are going to experience both good and bad emotions and you are going to have to deal with them in order to be successful.
+1
In order to keep your emotions under control and not have them affect your trading, a trading plan is must have. Second option is automated trading.
Apr 01 2019 at 10:27
FMovingAverage posted:ComebackKing posted:Adribaasmet posted:Greenwood posted:
Are you saying that emotions are good or bad?
I think, good emotions are supportive but bad emotions are not.
You are going to experience both good and bad emotions and you are going to have to deal with them in order to be successful.
+1
In order to keep your emotions under control and not have them affect your trading, a trading plan is must have. Second option is automated trading.
Automated trading has much more advantages over manual trading, not only elimination of emotions.
Apr 01 2019 at 10:35
togr posted:FMovingAverage posted:ComebackKing posted:Adribaasmet posted:Greenwood posted:
Are you saying that emotions are good or bad?
I think, good emotions are supportive but bad emotions are not.
You are going to experience both good and bad emotions and you are going to have to deal with them in order to be successful.
+1
In order to keep your emotions under control and not have them affect your trading, a trading plan is must have. Second option is automated trading.
Automated trading has much more advantages over manual trading, not only elimination of emotions.
Of course. For example if we are talking about people that still are on a 9-5 job whilst doing trading on the side, automated systems give the possibility of not having to be glued to the screen all the time. Not to mention backtesting possibility for a new strategy... And much more.
Apr 01 2019 at 11:00
Yes; of course automatic trading systems can help; but in that case, traders need to use good automatic service that it very rare in reality.
Apr 04 2019 at 07:13
AniLorak posted:
Yes; of course automatic trading systems can help; but in that case, traders need to use good automatic service that it very rare in reality.
I stick to Manual
Move along with the Market
Apr 04 2019 at 08:38
You can use a trading systems and manual together. A good trading indictor will help with direction or trade selection and then you can use manual analysis to identify if you want to trade or not
Apr 05 2019 at 06:22
togr posted:FMovingAverage posted:ComebackKing posted:Adribaasmet posted:Greenwood posted:
Are you saying that emotions are good or bad?
I think, good emotions are supportive but bad emotions are not.
You are going to experience both good and bad emotions and you are going to have to deal with them in order to be successful.
+1
In order to keep your emotions under control and not have them affect your trading, a trading plan is must have. Second option is automated trading.
Automated trading has much more advantages over manual trading, not only elimination of emotions.
In my experience, patience is the most important 'emotion' when using an automated system. Any system will hit bumps in the road, but if you have history with a system and it's always managed to get through the bumps, have patience and stick with it.
