1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Remove your emotions as much as possible.

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

  1. nahiyar

    nahiyar Private, 1st Class

    Joined:
    Jul 30, 2011
    Messages:
    643
    Likes Received:
    21
    Yes it is self disaster when you put emotions in trading you may need emotions in routine social life without these you may not succeed in society. But in forex business traders need to just realize what is good and sensible decision. Emotions will not produce earning . Only their skill and effective plan may work , try to manage your emotions as you try to manage trading risks.
     
  2. Forexrider

    Forexrider Private

    Joined:
    Jun 14, 2018
    Messages:
    27
    Likes Received:
    2
    I have tried it a lot to keep my negative emotions such as greed, fear and anger to keep away while trading in the forex market. But it is only when i started trading in the forex market i realized the greediness i have to make money, but only to lose it all at the end. :(
     
  3. SanioTire

    SanioTire Recruit

    Joined:
    Jul 19, 2018
    Messages:
    21
    Likes Received:
    0
    Remove your emotions as soon as possible. You can't remove your emotions completely as these are naturally occurring phenomenon. The only thing you can do is to overcome that emotions as much as you can. You can't do trade if you can't control your emotions.
     
  4. mrnoob

    mrnoob Private

    Joined:
    Jul 17, 2018
    Messages:
    22
    Likes Received:
    3
    it sounded easy but it was extremely challenging. in fact thats what i am facing now as a trading beginner. I have no idea how can i control my emotions
     
  5. Desacete

    Desacete Recruit

    Joined:
    Aug 31, 2015
    Messages:
    156
    Likes Received:
    3
    When you are trading you should be relax, calm and also be patient. You should have to control your emotions while trading mostly when you suffer from loss. Don't be hyper when loss happens because when you are hyper you can't be able to take a right decision.
     
  6. mrnoob

    mrnoob Private

    Joined:
    Jul 17, 2018
    Messages:
    22
    Likes Received:
    3
    yea, but you know, no one can really calm and relax when losing money. I still agree with what u said "Don't be hyper when loss happens because when you are hyper you can't be able to take a right decision." Stay relax, calm and be patient for the following move. Loss is already happened and the most important things is how you get your profit back on your following move. So refreshing your mind is really important~;)
     
  7. EURUSD

    EURUSD Sergeant Major

    Joined:
    Mar 3, 2015
    Messages:
    1,103
    Likes Received:
    36
    Maybe not easy to control emotion, but we need the good mindset to make if it easier, trading forex is about profit and loss, if we faced with loss hence we need accept it like as if we getting profit, so in trading also we need risk management plan, sometimes we forget with risk but focus on target, and the market itself very dynamic, which this is not math science,
     
    mrnoob likes this.
  8. mrnoob

    mrnoob Private

    Joined:
    Jul 17, 2018
    Messages:
    22
    Likes Received:
    3
    it sounded easy but it was extremely challenging. In fact that's quite a lot of people suffered from emotional problem. We need to train ourself day by day, from a very simple things to tough things. Stay positive on everything happened or going to happen. Be good to ourself in the following life!xD
     
  9. TrapLok

    TrapLok Recruit

    Joined:
    Mar 22, 2017
    Messages:
    108
    Likes Received:
    5
    Fear is common when you have invested in something. Greed also comes when you taste some success. You need to control them and not let them take over you. You need all your senses intact when investing in forex trading. Remember, emotions will ruin all your trading progress.
     
  10. Desacete

    Desacete Recruit

    Joined:
    Aug 31, 2015
    Messages:
    156
    Likes Received:
    3
    Emotions will kill you if you let them control you in the trading. You need to have a strong grip on them. The most common emotions are greed and fear. For your own sake, don't let them make the decisions for you. I know it sounds hard but you can atleast give it a shot. Hoping for your best.
     

Share This Page