Remove your emotions as much as possible.

Ken_T

Private, 1st Class
Messages
52
I've gotten a lot better at this over the years... I remember the early days though! Woahaaa, many sleepless nights
 

fxoday

Recruit
Messages
437
I think the experience will bring us better to handle emotion, in addition, if always in front of the chart, sometimes become less discipline due to temptation by price movement like as the pretty girl dancing in front of the eye, makes desired to catch him.
 

Kirstysingy

Recruit
Messages
12
I think the emotion will always be there when dealing with real money, but best to minimise it to a place where you feel comfortable
 

sarah2701

Private, 1st Class
Messages
31
Yes over trade is something that will make us fall in complexity way, it will confuse how to manage all order, I think will better trading based on the plan rather than based on quantity.

Making much order if almost they get lost, hence decreasing balance, but even though only have one or two order but the end get profit, it will increasing balance
Exactly we should focus on quality rather than on quantity of trades and try to remain profitable.
 

fxoday

Recruit
Messages
437
I think it’s hard to fully remove emotions but you definitely have to have them under control
Maybe yes, as human nature has emotion, maybe we can split emotion into two types, good emotion, and bad emotion, good emotion leading the person to act rationally, bad emotion leading the person to act irrationally
 
Top