Emotion in Forex trading
AmDiab
Medlem sedan Apr 18, 2017
696 poster
Apr 26 2019 at 11:52
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
Medlem sedan Aug 27, 2017
883 poster
Apr 29 2019 at 06:03
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
Medlem sedan Apr 18, 2017
696 poster
Apr 29 2019 at 17:40
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.
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
Medlem sedan Jan 05, 2016
1189 poster
Jun 09 2019 at 19:58
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
Medlem sedan Jan 05, 2016
1189 poster
Jun 09 2019 at 19:59
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
Medlem sedan Jan 05, 2016
1189 poster
Jun 09 2019 at 20:01
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
Medlem sedan Apr 18, 2017
905 poster
Jun 10 2019 at 09:12
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.