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Emotion in Forex trading
Ahli sejak Jan 05, 2016
1189 hantaran
Apr 07, 2019 at 20:33
Ahli sejak Jan 05, 2016
1189 hantaran
SkeletonTj posted:
Best way to beak emotions is to learn how to trade , use a micro account and practice for a year. There is no easy fix for emotions in trading. Only experience and confidence will help
Automated trade management helps a great deal.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Ahli sejak Feb 22, 2011
4862 hantaran
Apr 08, 2019 at 07:34
Ahli sejak Feb 22, 2011
4862 hantaran
SkeletonTj posted:
Best way to beak emotions is to learn how to trade , use a micro account and practice for a year. There is no easy fix for emotions in trading. Only experience and confidence will help
Actually best way how to beat emotions is to avoid them.
Avoid emotions is not possible for a human.
The only way is to use trading program to execute the trades.
You will still suffer from emotions when watching the trades outcome yet it is important not to interfere
Ahli sejak Aug 09, 2017
785 hantaran
Apr 08, 2019 at 10:24
Ahli sejak Aug 09, 2017
785 hantaran
When I joined this market place I took it as a casino and tried to make money very quickly . as a result fallen a great loss due to lack of exact trading knowledge , it would be great if we take this market place as professional things. Otherwise we will be loser.
Ahli sejak Sep 12, 2015
1948 hantaran
Apr 08, 2019 at 18:29
Ahli sejak Sep 12, 2015
1948 hantaran
Imamul posted:
When I joined this market place I took it as a casino and tried to make money very quickly . as a result fallen a great loss due to lack of exact trading knowledge , it would be great if we take this market place as professional things. Otherwise we will be loser.
Professional training was a wake up call to the reality of Trading ,your right about the Casino proceed with the utmost caution.
"They mistook leverage with genius".
Ahli sejak Feb 22, 2011
4862 hantaran
Apr 10, 2019 at 07:27
Ahli sejak Feb 22, 2011
4862 hantaran
Hardolian posted:
In my opinion, emotions are good. The problem lies in how we use our emotions when trading. For example, fear can make or brake you as a trader. You can be greedy to an extent that you watch your trades very carefully and use a stop loss, in order to safeguard your profits. At the same time, you can be greedy to an extent of overtrading the market and making losses
Emotions are controlled by factors not relevant to Forex.
Like somebody died, you got a blowjob this morning, your car broke.
Such things influence your trading and it is not an improvement.
Ahli sejak Feb 08, 2019
21 hantaran
Ahli sejak Apr 18, 2017
718 hantaran
Apr 26, 2019 at 11:52
Ahli sejak Apr 18, 2017
718 hantaran
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.
Ahli sejak Aug 27, 2017
994 hantaran
Apr 29, 2019 at 06:03
Ahli sejak Aug 27, 2017
994 hantaran
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.
keeping patience.......
Ahli sejak Apr 18, 2017
718 hantaran
Apr 29, 2019 at 17:40
Ahli sejak Apr 18, 2017
718 hantaran
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.
Ahli sejak Apr 18, 2019
29 hantaran
Jun 09, 2019 at 10:41
Ahli sejak Apr 18, 2019
29 hantaran
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.
Ahli sejak Jan 05, 2016
1189 hantaran
Jun 09, 2019 at 19:58
Ahli sejak Jan 05, 2016
1189 hantaran
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.
Ahli sejak Jan 05, 2016
1189 hantaran
Jun 09, 2019 at 19:59
Ahli sejak Jan 05, 2016
1189 hantaran
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.
Ahli sejak Jan 05, 2016
1189 hantaran
Jun 09, 2019 at 20:01
(disunting Jun 09, 2019 at 20:01)
Ahli sejak Jan 05, 2016
1189 hantaran
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.
Ahli sejak Apr 18, 2017
920 hantaran
Jun 10, 2019 at 09:12
Ahli sejak Apr 18, 2017
920 hantaran
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.
Ahli sejak Jul 09, 2019
26 hantaran
Jul 15, 2019 at 09:42
Ahli sejak Jul 09, 2019
26 hantaran
Greenwood posted:
Are you saying that emotions are good or bad?
• There are times when stock markets test your nerves so decisions should be governed by logic and not emotions.
• There is a lot of uncertainty in trading so one should try to make sound decisions based on some research by reading,scanning the news etc.
• However it is not completely bad to involve emotions as you are investing large amount of funds but one should learn to balance them.
Ahli sejak Jul 05, 2019
12 hantaran
Jul 15, 2019 at 11:26
Ahli sejak Jul 05, 2019
12 hantaran
Emotions can be a good warning sign to re-assess. If I am looking to enter a trade and then get very nervous about it, I either do not trade or reduce my lot size
Ahli sejak Jul 23, 2019
7 hantaran
Jul 23, 2019 at 06:36
Ahli sejak Jul 23, 2019
7 hantaran
AniLorak posted: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.
i so agree, when i started meditation i always felt what the fuss is about? but i never stopped, and now i know. yoga and meditation help me a lot to control my emotional side.
Ahli sejak Jul 23, 2019
11 hantaran
Jul 23, 2019 at 09:06
Ahli sejak Jul 23, 2019
11 hantaran
meditation is like a marathon. At the start it feels like you are getting nowhere. But if you keep going you can achieve wonders
Ahli sejak Aug 27, 2017
994 hantaran
Jul 23, 2019 at 13:38
Ahli sejak Aug 27, 2017
994 hantaran
Aqissiaq posted:
meditation is like a marathon. At the start it feels like you are getting nowhere. But if you keep going you can achieve wonders
You are right! I do meditation regularly and it helps me a lot to control my emotions and greed! Eventually, I can perform well in trading!
keeping patience.......
Ahli sejak Apr 18, 2017
920 hantaran
Sep 29, 2019 at 16:14
Ahli sejak Apr 18, 2017
920 hantaran
Adribaasmet posted:Aqissiaq posted:
meditation is like a marathon. At the start it feels like you are getting nowhere. But if you keep going you can achieve wonders
You are right! I do meditation regularly and it helps me a lot to control my emotions and greed! Eventually, I can perform well in trading!
Hi buddy; what’s the process on your meditation for trading? are you following the same way as like general steps?
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