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Remove your emotions as much as possible.

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

  1. Madalyn

    Madalyn Private, 1st Class

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    no gbp pairs for me atm!
     
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  2. momo3HC

    momo3HC Sergeant

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    Exactly for it`s correlation with this mad Brexit saga i`m out of it.
     
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  3. bigdolly

    bigdolly Sergeant Major

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    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.
     
  4. fxoday

    fxoday Private, 1st Class

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    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
     
  5. Madalyn

    Madalyn Private, 1st Class

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    Hoping Brexit saga comes to an end soon
     
  6. kwasik

    kwasik Recruit

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    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.
     
  7. fxoday

    fxoday Private, 1st Class

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    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
     
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  8. Madalyn

    Madalyn Private, 1st Class

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    too many people sell it as easy though :(
     
  9. Danilo Gomes

    Danilo Gomes Recruit

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    I really liked the tip, really emotions sometimes lead us to make wrong decisions
     
  10. fxoday

    fxoday Private, 1st Class

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    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
     

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