Don’t Let Your Emotions Dictate Your Forex Trading
Mar 03, 2022 at 19:18
It's true, but sometimes it's very difficult to control emotions in order not to let them dictate me. It's a primary goal actually for all traders who want to learn how to control emotions and how to remain wise and rational. In my opinion, the main here is to understand that trading is all about rational approach and there is no need to express emotions. They will always distract and interfere in your thinking process.
Nevertheless, sometimes you can show your emotions, but they have to be predominantly positive, because positive emotions increase your mood and help you to handle with all the difficultie on the market. Try to avoid negative emotions.
Nevertheless, sometimes you can show your emotions, but they have to be predominantly positive, because positive emotions increase your mood and help you to handle with all the difficultie on the market. Try to avoid negative emotions.
Member Since Aug 04, 2014
66 posts
Mar 18, 2022 at 15:21
Only by adhering to your trading system you can control your emotions. And the most important thing is to keep your expectations of your trading account moderate
Member Since Aug 10, 2021
178 posts
Mar 21, 2022 at 02:19
Emotions never help to win the trade so always try to avoid them.
Apr 01, 2022 at 07:07
Emotions often blur your analysis since your money is at risk and somewhere deep down, you don’t want to take any risks. But if you want to make money, you will have to take risks in a controlled manner. This is why your emotions need to be kept at the door while you are trading.
Apr 05, 2022 at 06:12
Bigmouth posted:Emotions prevent traders from thinking rationally which affects the trading decisions. Traders should not trade under the influence of emotions.
Emotions often blur your analysis since your money is at risk and somewhere deep down, you don’t want to take any risks. But if you want to make money, you will have to take risks in a controlled manner. This is why your emotions need to be kept at the door while you are trading.
Apr 08, 2022 at 04:11
How you are as a person surely has an impact on how you trade! If you learn emotional control in your daily life, you can control them in the live market also. All you have to do is make up your mind to follow the trading plan and not go beyond it.
Apr 14, 2022 at 06:32
Forex trading requires analytical thinking and logical calculations while making trading decisions. So you must have a healthy mind, so that you can focus on trading. If you have a cluttered mind filled with worries then it will have a negative impact on your trading too. So make sure to calm your mind and be well aligned with the trading environment while making any crucial decision.
Apr 19, 2022 at 07:12
Emotions should never be given space in forex trading. They are capable of ruining your entire trading career. A successful and a smart trader never let the flow of emotion block his trading path. If you do not have strong control on your emotions then no one can save you from failures. Most of the traders lose money because of their inability to control their emotions therefore, it’s very crucial to have control on your emotions.
Apr 22, 2022 at 05:11
When they say that emotions are your biggest enemy in the forex market, they mean it. It’s easy to get carried away with lucrative market movements or deals. But controlling your emotions and moving ahead as planned is the difference between success and failure.
Member Since Aug 05, 2021
401 posts
Apr 24, 2022 at 15:00
I like how you mentioned that having a sense of well-being can help with trading results. I started waking up early to shower and make coffee and found that I was more focused and productive since I felt energized and refreshed, and that seems to help me throughout the day as well.
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