When we are emotional we cannot be logical, when we are logical we cannot be emotional
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Thread: When we are emotional we cannot be logical, when we are logical we cannot be emotional

  1. #1
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    When we are emotional we cannot be logical, when we are logical we cannot be emotional

    This thread is my own way of thinking and all critics are welcomed. What I think is if we trade logically we do not trade emotionally and when we trade emotionally we will not trade logically. Because logically thinking will not allow us to trade emotionally and when our mind is filled with emotions like greed, fear, we will no more be able to make sound and logical decisions.


    Keeping one will remove the other
    : So from the above discussion it is clear that we cannot be logical and emotional in trading at the same time. What is important in trading is we give up our emotions and make sure that our trading decisions are always logical and with sound thinking. When our mind is disturbed with the effect of emotions like greed and impatience then we will make all sorts of drastic mistakes and face severe losses.


    Avoid emotions to follow logical plans and trading systems
    : The main reason why even good strategies and well laid logical plans fail is due to the interference of emotions. A trader under the effect of emotions will disregard all his plans and trading rules and make all sorts of mistakes. And so emotional trading is a big hurdle that attracts losses and failure.


    Psychology training for emotional free trading
    : So a trader should learn to train his psychology so as to overcome the harms of emotional involvement in his trading. We cannot get this training from the demo account. This trading has to be from the experience we get in real trading. We have to review our trading from time to time and this is surely going to help us a lot for our psychology training and in all aspects of trading.

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    well this is really a real kind of think and people really can't deny this so yes em fully satisfied with you that's such a normal fact in the people

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    i think that you are right,... because trading is such business which does not require emotions and we should put our emotions aside while doing trading because its a logical business and we should take decision from mind not from heart.

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    Permit me to reply only on the topic of the thread. It reads "When we are emotional we cannot be logical, when we are logical we cannot be emotional". Emotion is not what we can be toying with. I agree that it is not possible to be logical when we are emotional, but when we are logical, we can still be emotional. Even the traders that are successful are still emotional in some certain situation. I correct this for us not to believe their is a perfect hiding for psychological imbalance in the market. But rather strive better to guide, control ourselves and building a better trading psychology.

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    Trader lawners1791's Avatar
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    Quote Originally Posted by Abhishekwala View Post
    So from the above discussion it is clear that we cannot be logical and emotional in trading at the same time.
    those should works accordingly as trader refer with the use of sets on rules with the predefined on strategy as limiting levels on risks and the target to manage on working of the good decision with the chance as having of returns on works with the analyatics on occupying system of the selection.
    to gives of one of the best on precise as avoid the worse on obstacles to keep with the secure on positions with the trading manage.

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    Trader outlinesfx's Avatar
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    Quote Originally Posted by Abhishekwala View Post
    This trading has to be from the experience we get in real trading. We have to review our trading from time to time and this is surely going to help us a lot for our psychology training and in all aspects of trading.
    working with the less on risks to secure of more with the longer to lasts to sustains with the complete of the trading terms. with the focus on managing deeper of manage with the customs on works to helps on giving chance to gains of secure returns.

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    and most people who are emotional and trade emotionally always have rough times for them to trade these is because even good trades are closed prematurely and so when we are all seen not develop a good choice and a good channel makes it possible for us all to know that technical trading requires a good time to understand, some trades require you understand that market can move and for some reasone some other trades require you swallow your pride and be patient. never be in a hurry to enter a trade for the sake of doing so that will destroy you.

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    Trader lawners1791's Avatar
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    Quote Originally Posted by Abhishekwala View Post
    So from the above discussion it is clear that we cannot be logical and emotional in trading at the same time.
    those of the good chance with the decision on running of good system helps to gains of the precise on returns with the options of the generated results from the analytics as having with the stronger on supports with the technical arrange on modulation to gives of better confidence.

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    Quote Originally Posted by outlinesfx View Post
    working with the less on risks to secure of more with the longer to lasts to sustains with the complete of the trading terms. with the focus on managing deeper of manage with the customs on works to helps on giving chance to gains of secure returns.
    You are right friend a safe way of trading give us security and profit both in forex market. We can see a lot of difference within a high risk trading and in a low risk trading system. People not want to make small profit because they are not satisfied with it they want to earn big so they are not much effective in their discipline. Forex trading is that business where we have to obey the trading rules and where we need a strong management.

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    Quote Originally Posted by Khimi234 View Post
    You are right friend a safe way of trading give us security and profit both in forex market. We can see a lot of difference within a high risk trading and in a low risk trading system. People not want to make small profit because they are not satisfied with it they want to earn big so they are not much effective in their discipline. Forex trading is that business where we have to obey the trading rules and where we need a strong management.
    You have made a good point, this is a risky business, and we should not just be trading it, we should be trading it professionally. Forex traders that wants to make fast money would never have it, and they will also put their trading account in jeopardy. So, it is best for them to keep their cool and rely on their trading system and its management, this would yield results if they are only patient.

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    Trader techboy's Avatar
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    Quote Originally Posted by cozard007 View Post
    You have made a good point, this is a risky business, and we should not just be trading it, we should be trading it professionally. Forex traders that wants to make fast money would never have it, and they will also put their trading account in jeopardy. So, it is best for them to keep their cool and rely on their trading system and its management, this would yield results if they are only patient.
    True, in a professional point of view, trading should be considered as a profession and it needs time to master it, but the thing is so many traders join in this industry think differently, they think that its a quick way to get rick and earn huge money and so they fail over and over again because of wrong mindset.

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    " Trading is 70% Psychology, 15% Risk Management and 15% Strategy ! "

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