Jul 05 2022 at 05:50
No doubt, trading without a sound mind is a recipe for disaster. When traders forget to use their mind in the right way while trading, they get to pay for it in the form of money that they lose, never to be recovered again.
Jul 26 2022 at 13:16
It is very easy to talk about emotionality. But in reality everything is much more complicated. Unfortunately it is impossible to completely turn off emotions. But they can really be reduced. Everything is in your hands, dear traders. Do not hesitate to hold back.
Think thrice before opening an order
Jul 27 2022 at 05:16
Letting emotions dictate trading decisions is the biggest error any trader can make. A successful forex trader will experience numerous little loses as well as a few large profits. It's better to have a positive mindset and shouldn't feel overwhelmed with losses.
Aug 04 2022 at 07:09
Every trader is different and they undergo several emotions. When trading forex it is important to be mentally fit else we can face severe losses. To keep emotions under check, formulate your trading strategy based on your needs and market knowledge. Identify and set up your risk levels and benchmarks on when to enter and exit. Keep revising the plan time and again to ensure you are on the right track.
Aug 14 2022 at 16:45
Indubitably agree with your words. Calm mind makes me feeling much better during trading, because I an make wise decisions and this is the most significant thing ever. Ofc, sometimes we can't handle our emotions and we are under their control, nevertheless there are bunch of techniques which allow traders to watch for their emotions and their reaction on various situations. I remember the days when I was so calm that I really lost over the 50% of my balance and stayed calm. I didn't know why, but I liked it =) Guess that we should learn how to stay calm as calmness helps us not being angry, anxious, sad and so on so forth.
Sep 02 2022 at 12:05
yes, that is very true to survive long in forex trading you need to have a sound and calm mind
Sep 03 2022 at 07:18
For betterment in Forex trading, traders must beautify their trading qualities. Greed and emotion are the worst human qualities that inspire a trader take high risk in trading and go bust.
Sep 03 2022 at 09:55
paulajen posted:The ability to control your mind is crucial in trading, I agree.
yes, that is very true to survive long in forex trading you need to have a sound and calm mind
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