Remove your emotions as much as possible.

downtrend

Master Sergeant
Messages
886
Controls on emotions will be with a trader when he will consciously try to overcome on emotions. This is not a work of some days, it needs time to manage emotions. A good trader realizes the importance of emotions and avoid emotional involvement to make his trading successful.
 

Charlieboy885

Private, 1st Class
Messages
64
It's really difficult to take the emotion out of trading. I find it hardest when something goes wrong, it is difficult to pick yourself up and start over again.
 

FriendlyFX

Private, 1st Class
Messages
59
Knowing that with proper risk management your strategy has back tested to provide an edge in the market should help minimize emotions
 

ele020

Sergeant
Messages
143
Knowing that with proper risk management your strategy has back tested to provide an edge in the market should help minimize emotions
This is also a very good point.. Back testing your strategy also helps in sustaining your emotional out brakes while trading.
 

sarah2701

Private, 1st Class
Messages
35
Controls on emotions will be with a trader when he will consciously try to overcome on emotions. This is not a work of some days, it needs time to manage emotions. A good trader realizes the importance of emotions and avoid emotional involvement to make his trading successful.
Yes, controlling emotions is not a game where you win or you lose. It is a continuous process and day by day you realise how to control emotions.
 

fxoday

Recruit
Messages
441
Yes, controlling emotions is not a game where you win or you lose. It is a continuous process and day by day you realise how to control emotions.
This also needs high intention to control emotion, so it will always trade based on rules trading, avoid greedy and also anxiety, greedy especially, this must to controlling properly because we cant control the market.
 

sarah2701

Private, 1st Class
Messages
35
This also needs high intention to control emotion, so it will always trade based on rules trading, avoid greedy and also anxiety, greedy especially, this must to controlling properly because we cant control the market.
Yes this is a good point, as we can’t control the market we need to control our emotions as much as we can. Don’t over trade and try to give rest to your mind so that when you come back, you come stronger.
 
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