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Emotion in Forex trading
Feb 18, 2022 at 08:20
Member Since Jan 24, 2022
15 posts
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
Member Since Jan 20, 2022
31 posts
Feb 24, 2022 at 06:01
Member Since Jan 20, 2022
31 posts
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.
Feb 24, 2022 at 06:06
Member Since Jan 21, 2022
57 posts
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.
Feb 25, 2022 at 09:09
Member Since Feb 15, 2022
219 posts
Greenwood posted: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!
Are you saying that emotions are good or bad?
Member Since Sep 07, 2020
72 posts
Member Since Jun 07, 2021
72 posts
Feb 28, 2022 at 04:22
Member Since Jun 07, 2021
72 posts
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.
Feb 28, 2022 at 08:15
Member Since Feb 15, 2022
219 posts
Greenwood posted: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!
Are you saying that emotions are good or bad?
Mar 01, 2022 at 14:47
Member Since Feb 16, 2022
67 posts
Mohammadi posted: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!
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.
Mar 02, 2022 at 05:34
Member Since Feb 15, 2022
219 posts
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
Member Since Mar 03, 2022
4 posts
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Mar 04, 2022 at 04:26
Member Since Feb 15, 2022
219 posts
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.
Mar 08, 2022 at 12:26
Member Since Mar 08, 2022
15 posts
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
Member Since May 27, 2021
57 posts
Mar 15, 2022 at 14:03
Member Since Oct 22, 2021
11 posts
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.
Understand that you are responsible for your own trading and for your emotions. Be patient.
Member Since Jun 12, 2021
132 posts
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