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Remove your emotions as much as possible.

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

  1. Glastonburyk

    Glastonburyk Private, 1st Class

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    Emotions and consistency is the hardest part, a plan can be changed easily but a undisciplined mindset is tough to correct
     
  2. Danilo Gomes

    Danilo Gomes Recruit

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    Sorry for mistake, and very thanks for info
     
  3. steveday76

    steveday76 Private

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    yes this is very important, although it is not easy. It becomes easier with experience.
     
  4. bigdolly

    bigdolly Sergeant Major

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    I think it's impossible to remove emotions from trading if you trade manually. But it's pretty possible if you use automated software. I use three robots on Hotforex and only check account equity time to time and calibrate robots according to changing market parameters as liquidity, volatility and spreads.
     
  5. downtrend

    downtrend Sergeant

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    With robot trading , if you are looking at your accounts time to time, it means you could not remove emotions from your trading. It is human nature and we cannot change our nature specially when money is at stake.
     
  6. momo3HC

    momo3HC Sergeant

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    Can you share more info about the robots you`re using?
     
  7. kingsman

    kingsman Corporal

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    We can say with robot trading there is less emotional involvement in trading. But how robots can be controlled by traders . Some times they are not in hands they can do unlimited trading with no risk management. Risk management according to market is necessary robots had not own intelligent they just act as you set, Trader itself can handle situations better if they are managed in trading decisions and emotional control.
     

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