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Emotional Trading

AliaDare
Sep 16 2020 at 00:55
788 príspevkov
Emotions have no place in Forex trading. A trader can never be successful if he trades with emotions. I have seen many traders who have not been able to make a profit by trading for many years. I have researched about their non-profit, that they give more importance to their emotions while trading. Therefore, when trading you have to trade without emotions and do regular meditation. Meditation helps to control emotions.
SofieAndreasen
Oct 30 2020 at 08:18
759 príspevkov
AliaDare posted:
Emotions have no place in Forex trading. A trader can never be successful if he trades with emotions. I have seen many traders who have not been able to make a profit by trading for many years. I have researched about their non-profit, that they give more importance to their emotions while trading. Therefore, when trading you have to trade without emotions and do regular meditation. Meditation helps to control emotions.
I also meditate before trading. It helps me to clear my mind. Cloud mind can temper your trading mindset.
Robert (Robert647373)
Oct 30 2020 at 08:51
95 príspevkov
Don't be upset. Your situation is familiar to every trader. Take it as an accomplished event and move on. After a fall, alternate with ups. Do not rush now to quickly restore the account to the previous level. In a hurry, you can still make mistakes that can blow up your account. Start with small positions and gradually increase your capital. Good luck to you.
UweMoench
May 11 2021 at 05:10
751 príspevkov
We should try to restrain our emotions and avoid our emotions from impacting our conclusions. This isn't straightforward and might take long time and expertise to create our trading emotion free. Emotional management is more essential when a person loses money in Forex trading because this is the time when many men and women behave irrationally and take hasty conclusions with a view to recoup their losses.
Dimitar001
May 11 2021 at 10:35
12 príspevkov
Unfortunately, our emotions don't always work for the good. Especially in trade. Here the opposite often happens, our emotions harm us.
But we're not robots and it won't work to turn off the 'emotion' switch in the brain. But we must minimize them.
Although, when you make money, it is difficult to hide your joyful emotions, isn't it? lmao.
Bunaya
May 11 2021 at 12:17
54 príspevkov
Give yourself time to learn to control your emotions, when you have certain things, it will be easy.
Tremblay
May 15 2021 at 09:36
330 príspevkov
Emotion is the most dangerous enemy in this market of a trader.
AliaDare
May 15 2021 at 17:32
788 príspevkov
SofieAndreasen posted:
AliaDare posted:
Emotions have no place in Forex trading. A trader can never be successful if he trades with emotions. I have seen many traders who have not been able to make a profit by trading for many years. I have researched about their non-profit, that they give more importance to their emotions while trading. Therefore, when trading you have to trade without emotions and do regular meditation. Meditation helps to control emotions.
I also meditate before trading. It helps me to clear my mind. Cloud mind can temper your trading mindset.
Yes, of course, meditation helps to clear the mind. If a trader's mind is not clear, there can be many problems in trading.
Meloisel
May 16 2021 at 07:31
29 príspevkov
To trade, you need to approach really without abstract thoughts and be as focused as possible.
Suradi (FXOday)
May 16 2021 at 22:41
470 príspevkov
Emotion will never make a good trading setup because all decision only based on emotion, like in angry, sometimes can make any people do act very worst and scaring, trading forex needs more high patience and avoid emotion, choose intraday trading style may reduce emotion rather than use scalping trading strategies.
Fx_howie
May 17 2021 at 12:19
36 príspevkov
If one bring emotions in the trading then everybody knows what happens next so better apply strategies and trade with your mind.
LukeRachel
May 18 2021 at 00:19
477 príspevkov
Every trader has to trade by maintaining psychiatry. If a trader cannot maintain psychology, it will be difficult to make a profit.
Kees_Lars
May 18 2021 at 08:09
23 príspevkov
I think making your own rules to follow when you trade can help you control your emotions.
jaredtaylor
May 18 2021 at 09:07
50 príspevkov
Bringing emotions into the trading is such a bad idea, all the emotion should be taken out or atleast be controlled before you can start trading
AliaDare
May 18 2021 at 16:37
788 príspevkov
If I do emotional trading, no matter how good the investment, it will prevent me from making a profit. So I have to give up emotions and start trading.
Suradi (FXOday)
May 18 2021 at 22:32
470 príspevkov
Every time emotion master the minds, usually decision that made based on revenge, and resulted in bad trading plan, never pay attention with the risk anymore and relying on the luck, emotion is like as the source of disasters in forex trading, but sometimes trader felt so hard to avoid emotion, maybe because this is human nature, all have emotion, the difference is how to control minds
LyudmilLukanov
May 20 2021 at 06:09
869 príspevkov
It is best to control all kind of emotion in trading.
Sar John (Sarjohn)
May 20 2021 at 08:21
187 príspevkov
Fx_howie posted:
If one bring emotions in the trading then everybody knows what happens next so better apply strategies and trade with your mind.
Yes if you do emotional trading you will definitely lose, it’s always better to have a good trading strategy.
Elena Triston (ele020)
May 20 2021 at 08:58
219 príspevkov
AliaDare posted:
If I do emotional trading, no matter how good the investment, it will prevent me from making a profit. So I have to give up emotions and start trading.
Right. Trading and emotions are inversely related to each other, the more you engage in trading with emotions the more you will loose. So its better to keep emotions away and keep up your trading in the correct direction
The more your practice, the more you learn.
Ariest
May 23 2021 at 07:21
29 príspevkov
I agree with the above written on really controlling emotions is not as easy as it seems to us, but you need to understand that it is necessary.
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