Remove your emotions as much as possible.

[scott11]

Everyone wants to win all the time and never lose the money. Yes when it happens you get angry, panic. and frustrated. In Forex market you will face the same scenario but you are advised to keep the mentioned emotional feelings away for gaining success. You need to be psychologically strong to tackle the movements properly.

 

[downtrend]

I think to know when emotions come to your trading is important. Traders do not know when they are going to emotional state, it also needs training how to control them in time. patience is an effective way to remain away from emotions. if we develop this quality many wrong decisions are not with us.

 

[EURUSD]

I think to know when emotions come to your trading is important. Traders do not know when they are going to emotional state, it also needs training how to control them in time. patience is an effective way to remain away from emotions. if we develop this quality many wrong decisions are not with us.

Yes actully control emotion is important, because so many trader get fail because they always following emotion, trading need patience, but also skill to analyze the trend market which about psychology trading is very important role during trades, so as trader also need to built up good psychology trading

 

[Ken Smith]

Emotions are the worst enemy to traders. And we are emotional being. We have joy, fear and greed. When we make a good profit we become over joyous and when we make loss we become fearful. Sometimes we open a trade out of greed. All these emotions are in our DNA. With careful thinking we can change it.

 

[nahiyar]

Yes emotional trends are biologically with which person is born . He can not change his emotions totally just some effort to control them is successful . In forex too highly emotional persons should avoid this business. Greedy people will take high risk can put them self in danger because forex trading is not fix profit business . Here all things should plan to control his loss.

 

[bigdolly]

Yes emotional trends are biologically with which person is born . He can not change his emotions totally just some effort to control them is successful . In forex too highly emotional persons should avoid this business. Greedy people will take high risk can put them self in danger because forex trading is not fix profit business . Here all things should plan to control his loss.

You can't be completely abstained from emotional side of trading since you are human not a robot. I admit there can be some emotional reactions but trading plan should cover your weak sides because emotions makes your more fluid in trading compared to completer rigidness in trading based solely on a trading plan.

 

[dianajs]

You can't be completely abstained from emotional side of trading since you are human not a robot. I admit there can be some emotional reactions but trading plan should cover your weak sides because emotions makes your more fluid in trading compared to completer rigidness in trading based solely on a trading plan.

You put it very well. Emotional reactions are inevitable, the idea is to learn to control them as best as possible, rather than try to supress them altogether,

 

[Melvin Leon]

Yes emotions like greed, fear and overjoy make things worst in trading. When trading you have to rational. You should your strength and weakness. Trade according to your skills. Do not open any trade just based on assumptions. Write down why you are taking the trade. Trust your strategy.

 

[EURUSD]

You put it very well. Emotional reactions are inevitable, the idea is to learn to control them as best as possible, rather than try to supress them altogether,

Sometime when facing with succesisve loses, it could make us becocme emotion, we need take a break awhile to making refresh minds, don`t enforced to continue trading, because it can leading us become trading blindly due want to recover previous loss quickly

 

[TrapLok]

You are advsed to start ypur trading career with your own money. This money should not have any effect on your personal or daily life. It will help to trade with less emotions and you will feel comfortable if you lose some amont as it happens on the money market. Do you have enough spare money to invest on the Forex market?