Anger after loss excitement after profit both are bad
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  1. #1

    Anger after loss excitement after profit both are bad

    Well friends I am opening this thread from my own experience. My opinions may not be similar to every other traders. Those who think I am wrong can please share there thoughts.

    There can be happiness but not fun in trading There is some difference between the two. Happiness and fun. Profits in trading can make us happy but we can have fun from doing funny things or from tracking jokes or from playing some fun games. Also a trader can become sad when he loses money in trading. So both profits and losses are always there as part of a traders work. Professional traders try to keep a balance with both these two feelings. If we try to have fun from Forex trading then we can make our trading a funny or careless thing.


    Excitement after profit
    It is natural that when we see our work giving positive results we become happy. After all we can never become like computers continuing trading unaffected of whether we get profits or loss. So becoming happy is quite natural and also good. But a trader should not get excited excessively. Because excess excitement is an emotion which can make a trader over confident or greedy or impatient. And when he trades with these emotions he may get losses in his further trading.


    Anger after loss
    We do not do all the analysis and planning that we end up getting a loss or hit our stop loss. But losses will come in trading and it is natural that a trader becomes sad for his losses. Some sadness is natural but again the trader should not become angry or start trading to revenge the market. Trading with anger or trading for a revenge is only going to give us more losses. Anger makes our mind disturbed and with disturbed mind we cannot take correct trading calls and will surely make more mistakes. So a stable mind which is free from these emotions is always best for our trading.

  2. #2
    This is a top quality of thread, Yes mate these both situations are very harmful for all trader's. Even in first stage we are making money but it could give us the problem of over confidence or excess excitement, over trading etc. Along with it anger after loss could lead to the emotional problem. For the best result a trader should follow best trading management, forex trading rules implementation, self control etc. These would be helpful to reduce over confidence and anger.

  3. #3
    Yes sir its a great thread. We should neither be excited nor angry but keep mentally calm and stable. A person is here to get the best out of his or her forex trading career, then such person should know that he has to invest time and money to getting it. It is just like a money you need to get that is now at the mouth of a lion, you have to do all you can to get it.

  4. #4
    Dealing losing trades can be the hardest part in trading, everyone wants to be a winner so the moment we lose in trading we feel bad about it, but in trading loses is a common thing. It is important that we develop the right mindset in our trading so that we can accept the bad situations that occur in our trading.
    " Trading is 70% Psychology, 15% Risk Management and 15% Strategy ! "

  5. #5
    Quote Originally Posted by techboy View Post
    Dealing losing trades can be the hardest part in trading, everyone wants to be a winner so the moment we lose in trading we feel bad about it, but in trading loses is a common thing. It is important that we develop the right mindset in our trading so that we can accept the bad situations that occur in our trading.
    What a great line in the end of your post, that's right mate that it is essential to develop a good mindset and a good trading strategy to accept bad trading situations some time during trading, everyone want to become a winner but the real truth is that without accepting any possible there is no winning here. Dealing losing trades is one of the hardest part of our trading but trader's should take it as a common thing and should be positive and happy.

  6. #6
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    Quote Originally Posted by Hukam View Post
    What a great line in the end of your post, that's right mate that it is essential to develop a good mindset and a good trading strategy to accept bad trading situations some time during trading, everyone want to become a winner but the real truth is that without accepting any possible there is no winning here. Dealing losing trades is one of the hardest part of our trading but trader's should take it as a common thing and should be positive and happy.
    A good mindset will make the traders get stable emotion and psychologies to control this business, in losing and winning also practicing to develop the skill or fix the problems, the emotion is there, and the situation will trigger it easily and at last just for them who can not control it with well will get some problems

  7. #7
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    Quote Originally Posted by techboy View Post
    Dealing losing trades can be the hardest part in trading, everyone wants to be a winner so the moment we lose in trading we feel bad about it, but in trading loses is a common thing. It is important that we develop the right mindset in our trading so that we can accept the bad situations that occur in our trading.
    Loss is just loss, do not take any more portion of our attention of the loosing position. But just keep to continuing the learning stage, every result of the market give us the lesson of the market directly. Trader must be ability to get more learning stage and more ability can be absorb from the market.

  8. #8
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    Quote Originally Posted by aris90 View Post
    Loss is just loss, do not take any more portion of our attention of the loosing position. But just keep to continuing the learning stage, every result of the market give us the lesson of the market directly. Trader must be ability to get more learning stage and more ability can be absorb from the market.
    The losses is bad sir, and I do no think that it is easy for some traders to let go of losses, but we can still advice them on that. Some traders do not let go easily, they are frustrated and angered because of that act, so it is good for them to try to learn the way they control themselves above all things in the market, they need to be more careful as well.

  9. #9
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    Quote Originally Posted by cozard007 View Post
    The losses is bad sir, and I do no think that it is easy for some traders to let go of losses, but we can still advice them on that. Some traders do not let go easily, they are frustrated and angered because of that act, so it is good for them to try to learn the way they control themselves above all things in the market, they need to be more careful as well.
    The loss in forex trading is very bad and it can make trader frustrated. The loss in forex trading can make trader get the lesson. The loss experience in forex trading can help trader to get more and more experience. The loss and profit in forex trading is the triggered of the frustrated and also the happines.

  10. #10
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    Quote Originally Posted by cozard007 View Post
    The losses is bad sir, and I do no think that it is easy for some traders to let go of losses, but we can still advice them on that. Some traders do not let go easily, they are frustrated and angered because of that act, so it is good for them to try to learn the way they control themselves above all things in the market, they need to be more careful as well.
    Trader's have to use good plans to avoid the problem of regular losses we need a very strong mindset to let go of losses, most of trader's not able to do that and feel bad when they lose money in forex. Some time even on single loss give them bad trading mindset problem and after that they use a very aggressive or angry trading approach in forex.

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