Emotional trading bad for trading - Page 224
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Thread: Emotional trading bad for trading

  1. #1
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    Emotional trading bad for trading

    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.

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  2. #2231
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    Yes emotional trading is very bad for trading because this is the leading cause of fail. Most of the newbie trader fail to gain success because they don't know how to control emotions . When we lose some money we try to recover money and open another greedy trade but most of the time it's a big mistake.We have to learn control emotion to become a good trader.

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  3. #2232
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    Emotional trading is bad for trader, it gives traders the wrong perception about trading in the market. Most of them do end up losing their money. If you want to make money and succeed in forex trading market, then you just have to take the right steps by doing the right thing, following the right risk management and remind your self not to pursue fast money.

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  4. #2233
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    No doubt that emotional trading is really bad because when we become emotional we can be in some wrong way, we all should practice on real account with low balance and without emotions, with low trade we can automatically understand and can control our greed and emotions in trade.

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  5. #2234
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    Forex is risky and unpredictable business and emotional trading can make lose our whole money even in a very short time. I would like to say that it is not easy to change this habit. We need to learn more from our experience, we should use low risk trading system first to reduce it then we will be able to earn from this business, keep in mind that emotions are the worst enemy of the trader.

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  6. #2235
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    Quote Originally Posted by abcd View Post
    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.
    That is the common mistakes of traders, when a trader become emotional in his trading activities then the result is always bad. Poor emotional control is a bad thing in all aspects of life, especially in business. And forex trading is a high risk business. Then it will only wasting a lot of money in forex. Many of traders have a bad experience in controlling emotions, but they don't realize that the main factor is from poor emotional control, even many traders then change the trading system that they used without evaluate that the main factor is from poor emotional control.

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  7. #2236
    Registered user ict2014's Avatar
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    Exactly correct emotion is not our best friend. Lazy people like more emotional and emotion keep them away from hard work and practice. Emotional people always search a short cut way to get success and they want to be rich by hours or lower time taking a high risk. We need to take serious action to control our emotion, by this means trader might taste the success.

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  8. #2237
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    Yes, this is true that emotional trading is bad for us because when we select order of buy or sell and we get high loss from this order and we become very emotional.this is bad for us because we also leave trading.i say to all looser trader that you do not leave trade because it is a lesson for us.

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  9. #2238
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    According to my opinion sometimes you want to become a rich in short time using emotional that was bad impact.
    Emotions of trading are up and down money but there are not importance of emotions always speak truth and avoid emotions.

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  10. #2239
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    well emotion always come in our mind when your trade goes in loss and so recover that loss emotionally you open move lots with out money managment and in the result you washed your account that is what emotion do with us so i always prefer money managment and not to open mt4 again n again :)

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  11. #2240
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    Trading based on emotion is a very bad and dangerous way to trade in the forex market because when you trade with emotions it blocks the ability to trade with logic and also it obstruct our ability to carry out accurate and unbiased market analysis which is what is required to be able to accurately and properly determine the direction of price movement in the forex market.

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