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Emotional Trading
Jul 19, 2020 zamanından beri üye
788 iletiler
May 26, 2021 at 15:01
Jul 19, 2020 zamanından beri üye
788 iletiler
Profits cannot be gained by trading for a long time if emotions cannot be controlled. Emotional trading tends to ruin a trader's investment. So stay away from emotional trading.
Apr 03, 2021 zamanından beri üye
470 iletiler
May 26, 2021 at 22:42
Apr 03, 2021 zamanından beri üye
470 iletiler
Trader need to control emotion because they can't control the market, its impossible retail trader can control the market, so if they can't control own emotion, hence the market will easily to beat us, greedy is one most bad emotion for a trader that leading to get in failure, if one loss already making us emotion stop trading and wait for next day opportunity.
May 27, 2021 zamanından beri üye
57 iletiler
May 27, 2021 at 09:36
May 27, 2021 zamanından beri üye
57 iletiler
FXOday posted:Exactly, emotions always ruin the trading, the only way of making trading profitable is to avoid every sort of emotion and focus on understanding the market.
Trader need to control emotion because they can't control the market, its impossible retail trader can control the market, so if they can't control own emotion, hence the market will easily to beat us, greedy is one most bad emotion for a trader that leading to get in failure, if one loss already making us emotion stop trading and wait for next day opportunity.
May 27, 2021 zamanından beri üye
64 iletiler
May 27, 2021 at 10:45
May 27, 2021 zamanından beri üye
64 iletiler
The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading.
Mar 28, 2021 zamanından beri üye
617 iletiler
May 27, 2021 at 11:47
Mar 28, 2021 zamanından beri üye
617 iletiler
Getting influenced by emotions during trading is one of the reasons people lose money. Sometimes people open trade out of overjoy, sometimes out of frustration. One should open trade only if your strategy permits.
Nov 02, 2020 zamanından beri üye
34 iletiler
May 27, 2021 at 12:13
Nov 02, 2020 zamanından beri üye
34 iletiler
There is no place of emotions in trading. You either win or lose.
Apr 15, 2020 zamanından beri üye
219 iletiler
May 28, 2021 at 06:46
Apr 15, 2020 zamanından beri üye
219 iletiler
FXOday posted:You have correctly described every day trading of a retail broker. Its 100% true that a retail trader has no control over the market, he can only perform according the prevailing situation. If you are losing then take a break and start fresh.. Trading under emotional distress will draw you down to more losses.
Trader need to control emotion because they can't control the market, its impossible retail trader can control the market, so if they can't control own emotion, hence the market will easily to beat us, greedy is one most bad emotion for a trader that leading to get in failure, if one loss already making us emotion stop trading and wait for next day opportunity.
The more your practice, the more you learn.
Jul 19, 2020 zamanından beri üye
751 iletiler
Jun 03, 2021 at 06:49
Jul 19, 2020 zamanından beri üye
751 iletiler
Usually there are two types of emotions on trading that affect a trader. One is fear and is greed. Fear of losing money and fear of losing opportunity. Due to greed traders open big lots and revenge trade. To be successful one needs to overcome this.
May 31, 2021 zamanından beri üye
35 iletiler
Jun 03, 2021 at 12:47
May 31, 2021 zamanından beri üye
35 iletiler
UweMoench posted:I agree with you, most of the traders have fear of losing money but this can be overcome by proper risk management and by being patient, patience is very important for a trader to avoid risks and losses.
Usually there are two types of emotions on trading that affect a trader. One is fear and is greed. Fear of losing money and fear of losing opportunity. Due to greed traders open big lots and revenge trade. To be successful one needs to overcome this.
May 31, 2021 zamanından beri üye
48 iletiler
Jun 04, 2021 at 07:24
(Jun 04, 2021 at 07:24 düzenlendi)
May 31, 2021 zamanından beri üye
48 iletiler
We should trade on forex like a numb, bcz feeling can sometimes take you on good and bad moods and from that moment we don't know when to think less. There is no clear cut line that a trader have not to cross for being greedy or fear. So sit like a robot and think like advance human species those have less emotions.
May 31, 2021 zamanından beri üye
13 iletiler
Jun 04, 2021 at 10:11
May 31, 2021 zamanından beri üye
13 iletiler
If you say that you'll trade without any emotions, then it's not possible. Emotions will always be there. You can only control those emotions. You can read Trading in the Zone by Mark Douglas. This book is called the bible of the trading psychology and will be of huge help to those who are struggling with their emotions.
Dec 21, 2020 zamanından beri üye
36 iletiler
Jun 04, 2021 at 12:33
Dec 21, 2020 zamanından beri üye
36 iletiler
eddieteddie posted:Agree with you. Emotions will come since your funds are invested in that but one can surely try to tackle those emotions sensibly.
If you say that you'll trade without any emotions, then it's not possible. Emotions will always be there. You can only control those emotions.
Jul 19, 2020 zamanından beri üye
788 iletiler
Jun 04, 2021 at 16:54
Jul 19, 2020 zamanından beri üye
788 iletiler
eddieteddie posted:Yes, Psychology needs to be maintained. I think there is a possibility of loss in a profitable trade in emotional trading. But if I meditate regularly, I will be protected from emotions.
If you say that you'll trade without any emotions, then it's not possible. Emotions will always be there. You can only control those emotions. You can read Trading in the Zone by Mark Douglas. This book is called the bible of the trading psychology and will be of huge help to those who are struggling with their emotions.
Jun 04, 2021 zamanından beri üye
5 iletiler
Jun 04, 2021 at 19:38
Jun 04, 2021 zamanından beri üye
5 iletiler
Yes! This is why trading is really just about traders' psychology. It's what controls the prices of any market. Behavioral Economics/Finance is surely an interesting subject.
“Don’t be afraid to give up the good to go for the great.” – John D. Rockefeller
Feb 20, 2021 zamanından beri üye
78 iletiler
Oct 07, 2021 at 09:57
Feb 20, 2021 zamanından beri üye
78 iletiler
Emotions are not at all dangerous, it's a matter of controlling them when trades are not going according to your expectations or plans.
Jul 27, 2020 zamanından beri üye
102 iletiler
Oct 07, 2021 at 10:40
Jul 27, 2020 zamanından beri üye
102 iletiler
Dangerous or not, emotional is not the right trait to have while you are trading, it is quite risky and can lead to the wrong judgment in your trading.
May 27, 2021 zamanından beri üye
57 iletiler
Oct 07, 2021 at 12:11
May 27, 2021 zamanından beri üye
57 iletiler
cardigan posted:I agree with you, emotional decisions in forex can only lead to losses and risks.
Dangerous or not, emotional is not the right trait to have while you are trading, it is quite risky and can lead to the wrong judgment in your trading.
Oct 23, 2018 zamanından beri üye
29 iletiler
Oct 07, 2021 at 12:15
Oct 23, 2018 zamanından beri üye
29 iletiler
there can be no emotions in trading the markets. This will be your downfall
Jun 14, 2021 zamanından beri üye
53 iletiler
Oct 08, 2021 at 11:16
Jun 14, 2021 zamanından beri üye
53 iletiler
Emotions are natural and one can never control them. What a trader can do to avoid emotional trading is to stop reacting to the points that trigger their emotions, for example when a trader faces a loss. If a trader does not react to such circumstances it is highly unlikely for them to fall into the emotional trading trap.
Aug 05, 2021 zamanından beri üye
401 iletiler
Oct 12, 2021 at 17:01
Aug 05, 2021 zamanından beri üye
401 iletiler
Sorry to hear about the bad luck! I think it's normal to feel some emotion while trading but the important thing is to manage it and not allow it to affect your trading plan. If you need to, step away and take a breather when this sort of thing happens or do something that makes you feel relaxed, then come back with a clear head.
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