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Remove your emotions as much as possible.

Discussion in 'Beginners Bootcamp' started by Jeff Martinez, Oct 17, 2017.

  1. AlecR

    AlecR Private, 1st Class

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    Hard work does not means to work all the time. It means quality work with deep concentration.
    > Do trading at right track.
    > Avoid emotional behaviour during trading.
    > Have a rest to make yourself fresh and ready for work.
    > Forex is not a business of some days it is a long journey so have a patience to reach at success level with positive steps.
     
  2. bigdolly

    bigdolly Sergeant Major

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    Yeah you're correct in all points, thanks for the recommendation? By the way how long have you been trading on live account. Is demo trading so important as it is discussed everywhere?
     
  3. momo3HC

    momo3HC Sergeant

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    Exactly. Work with intellect not with sweat. ;)
     
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  4. Glastonburyk

    Glastonburyk Private, 1st Class

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    This is something I find easy as I follow a set of rules, with rules it’s easier to emotionlessly trade
     
  5. Glastonburyk

    Glastonburyk Private, 1st Class

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    Yes buddy absolutely
     
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  6. ForexViking

    ForexViking Private

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    Dunno if I agree, been sweating buckets trading GBP at the moment lol :D
     
  7. momo3HC

    momo3HC Sergeant

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    GBP is quite tricky and that`s why i`m avoiding it and not sweating. ;)
     
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  8. RachelEB

    RachelEB Private, 1st Class

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    Keeping the trade as mechanical as possible works for me to reduce emotion. I like it to be as black and white as possible and is also more time efficient in my experience as well.
     
  9. fxoday

    fxoday Private, 1st Class

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    GBP often affected by Brexit, sometimes move crazy
    Sometimes I choose GBPJPY, for day trading
     
  10. Passiontrader

    Passiontrader Private

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    Having a trading plan/system that includes risk and money management and what your edge or thesis is, keeps you discipline and removes emotions. A methodical approach to trading is what works for me... usually lol I'm new to forex but have a system for day trading emini's and micro futures... and whole different trading plan for options.
     

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