Emotion in Forex trading

Jun 13, 2018 at 10:19
11,974 Views
308 Replies
Member Since Jan 24, 2022   15 posts
Feb 18, 2022 at 08:20
Seems all are struggling to cope with this enemy. I read somewhere that making proper trade strategies and not doing over trading is some of the few ways to handle this, But I think these two are also the biggest challenge for a trader.
Member Since Jan 13, 2022   18 posts
Feb 18, 2022 at 09:18
Trading is not about emotions so you have to be practical when making decisions because it's about your money.
Member Since Sep 23, 2020   42 posts
Feb 18, 2022 at 12:20
Emotions= Loss in forex trading.
Member Since Feb 23, 2021   20 posts
Feb 22, 2022 at 08:16
Getting emotional while trading is a sure sign that your trade will have a negative affect, so you just have to be careful and letting the emotions be out of the box.
Member Since Jan 20, 2022   31 posts
Feb 24, 2022 at 06:01
Emotions and trading don’t mix well, so it is better if a trader keeps all kinds of emotions out of his/her mind while trading. Traders don’t need emotions, but smart trading strategies to win trades, which come from knowledge and practice.
Member Since Jan 21, 2022   57 posts
Feb 24, 2022 at 06:06
A trader can’t afford to be emotional while trading. The moment a trader gets greedy or scared, that’s the beginning of his/her downfall in forex trading. A trader should implement the right trading strategies and remain patient to succeed in this field.
Member Since Feb 15, 2022   219 posts
Feb 25, 2022 at 09:09
Greenwood posted:
Are you saying that emotions are good or bad?
Well, you should open your new trade position only based on your current market analysis, don’t follow your emotions when you are trading! Because, more than 95% traders loss their money because of following their emotions & greed!
Member Since Sep 07, 2020   72 posts
Feb 25, 2022 at 11:30
You cant runaway from emotions. They are the part of a trader's mindset. How well you tackle with it and handle your profits and losses is the key in forex trading.
Member Since Jun 07, 2021   72 posts
Feb 28, 2022 at 04:22
Emotions are an important part of trading because they influence trading decisions. That’s why uncontrolled emotions are a big NO in trading. Traders can never eliminate emotions from trading, but they can learn to control them. To keep your emotions in check, develop a trading plan based on your needs and market knowledge.
Member Since Feb 15, 2022   219 posts
Feb 28, 2022 at 08:15
Greenwood posted:
Are you saying that emotions are good or bad?
If you are not sincere enough on your existing trading plan then you will be affected by your bad emotions during your trading time! I don’t think, you emotions can really help you during your trading time; so try to follow your trading rule as much as you can!
Member Since Feb 12, 2019   105 posts
Feb 28, 2022 at 20:47
Its the holy grail of trading so yo speak mastering ones trading psychology mindset.
If you can do this along with a solud trading plan your pretty much unstoppable
Member Since Feb 16, 2022   67 posts
Mar 01, 2022 at 14:47
Mohammadi posted:
i think without trading emotions and maintain analysis always when trading is a real part of real trading discipline that always supportive to avoid unfortunate risk and losses. but we cant maintain this attitude during trading most of the time. as a result 90% are loser from here above all the beginners level.
It’s our natural habit; don’t try to control your emotions during your trading sessions; just focus on your trading process and always avoid revenge trading! Basically revenge trading is the main culprit! So when’ll face SL, don’t be panicked just focus on your process!
Member Since Feb 15, 2022   219 posts
Mar 02, 2022 at 05:34

Controlling emotion is the major concern for a trader. Because when a trader sees there is money splattering like water in the sea, he cannot control his emotion in terms of anything. But, those who have been here for a very long time can only control emotion as they are familiar with the environment.
Member Since Mar 03, 2022   4 posts
Mar 03, 2022 at 22:51
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Member Since Feb 15, 2022   219 posts
Mar 04, 2022 at 04:26
Don’t let your emotion raid into your trading but if so happens, it will raze your trading down. I know it’s a physiological problem; however, you have to control it at any cost to save yourself. Always try to ignite your trading skill and execute as much as you learn in the demo account.
Member Since Mar 08, 2022   15 posts
Mar 08, 2022 at 12:26
Emotion can really mess up your psychology when it comes to trading, so that is why many traders try to take it out before trading. Greed, revenge trading, overconfident are some of the common emotions that can be found in trading and they all should be eliminated before you execute an order.
Member Since May 31, 2021   48 posts
Mar 09, 2022 at 06:23
Emotional outburst is natural while placing trades but it's extremely important to learn how to control them.
Member Since May 27, 2021   57 posts
Mar 10, 2022 at 10:24
I believe that emotions in forex trading can ruin anyone's trading journey, more the emotions less chances of getting profitable.
Member Since Oct 22, 2021   11 posts
Mar 15, 2022 at 14:03
Living without emotions is bad for your health. But you need to filter your emotions and engage in reflection. Ask yourself questions: why did I do this and not otherwise? What can I do next time to prevent this from happening?

Understand that you are responsible for your own trading and for your emotions. Be patient.
Member Since Jun 12, 2021   132 posts
Mar 17, 2022 at 11:06
we have to make a strong mind by meditation to control our thoughts and emotions. i have no another option . do you have ?
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