Emotional trading is the bad habit for this market. For this people never long live in this market. When we open trade with emotional then our forex account faced danger zone. That time the account don't situated safe position.
Emotional trading kill an account very seriously. When we reached equity zero then we can realize that this is the bad trading system. But it is truth that if we can control this, we can easily get profit.
We need a good clear decisions making in forex trading market, therefore we need to actually get the right way to control our emotions once we have some trades going on, The emotions and ability to control it gives good profitable trades and not when we keep on trading with impulsive trading decisions making.
Trading with emotions is common in the market, one thing that has made a lot of people loss their money. Emotions is the reason why we read some little bit things about the market and then we think it will be the golden way to successful trading. But it is not. We need discipline and knowledge to earn from forex market. Emotions can be controlled with discipline consistent market evaluations.
it is very important for us to control ourselves before going for the trade. We all know that we are bounded by certain emotions, which will always hamper our trade. So to be better trader, we need to be able to control our emotions like greed, fear, anxiety and so on...
It could be common but we have to actually stop using such trading method, we all know that emotions is bad for us and the way we trade, with emotions we are likely to make a whole lot of mistakes but when we have learned on how not to allow emotions affect us and the way we approach the market then we have more chances at winning in the business.Originally Posted by Darkhorse
Trading is a risky business, so if we want to make money we have to take time and learn. We need to follow good risk and money management before we can make money from the market. Emotional trading is wrong, you will loss your money if you keep on trading with emotions, it has happened to a whole lot of traders. The reason why we have few traders that are making money is that only few of them are actually able to avoid emotions.
| Thumbs Up |
| Received: 79 Given: 19 |
the better entrance on field of the business with the finance trading gives as helps of trader to compare the use of different selection of technical system with the works of evaluation as controlling extent with the entrance on table as securing the less on risks and resource on not to failed as put of those with the substitute of order on exchanging position with the request of target completion.
I don't advice any trader to use emotions when they are trading, it is one of the ways to loss our money, if we want to make money from the business, I will suggest we take time to learn on how to follow consistent discipline and method. There is no simple method, emotions is one of the reasons why most traders often loss their money. emotional trading is really bad.
Emotions has never been good for any business and the traders that allow themselves to be emotional when they are trading will loss their money. You will need the right mindset to make the right decisions else you will loss your money. Emotions is the cause of using of higher lots and not waiting for the right time before taking trades.
Yes but controlling emotions is not easy, many times people advice others to avoid emotions when they themselves fail to control their emotions. Emotional trading is bad it dont allow you to be logical during trading. If you have a strong mentality than you can avoid emotions much easily. Emotional trading should be avoided since Forex is always an uncertain place.
yes i agree with you controlling of emotion not easy for us but i say that it is important for all traders that they avoid form emotional trading and traders work in market with good management and trader do not use mistakes in market and trader use fresh mind in market and trader do not work with double minded and trader work in market with good planing and trader use good trading system in market and make good earning in forex trading
Posting Permissions
Reply With Quote