Remove your emotions as much as possible.

bigdolly

Sergeant Major
Messages
924
I think it is impossible to trade without emotions because they are inherent to our nature but we can code robots and don't stare at monitors which will greatly reduce emotional pressure and eliminate mistakes.
 

fxoday

Sergeant
Messages
165
I think it is impossible to trade without emotions because they are inherent to our nature but we can code robots and don't stare at monitors which will greatly reduce emotional pressure and eliminate mistakes.
Yes, indeed, as human nature, we have emotion, but control emotion is important, when we face with losing trades, if appear desired to recover loss at a short time, this is a bad emotion, as a trader need to control emotion to avoid big mistake because of revenge
 

kwasik

Recruit
Messages
5
You should see Forex Trading as a business and not Russian Roulette. You have to decide how much money you can afford to trade and lose. They should all be part of your trading plan which you should not stray away from.
 

fxoday

Sergeant
Messages
165
You should see Forex Trading as a business and not Russian Roulette. You have to decide how much money you can afford to trade and lose. They should all be part of your trading plan which you should not stray away from.
Good point, make money with forex is not a quick rich scheme, the risk always there in every transaction, spent money that affords to lose is a wise decision for safe overall financial, will good if skill trading already able to make profit consistently, even start with small money, it would to growth to bigger money
 

Madalyn

Corporal
Messages
80
Good point, make money with forex is not a quick rich scheme, the risk always there in every transaction, spent money that affords to lose is a wise decision for safe overall financial, will good if skill trading already able to make profit consistently, even start with small money, it would to growth to bigger money
too many people sell it as easy though :(
 

fxoday

Sergeant
Messages
165
too many people sell it as easy though :(
Indeed there are many people sell it as easy, because almost them having a goal to get something from their promise, usually will hide something on sweet promising, walking carefully
 
Top