how the traders control the emotions in the trading ?

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Thread: how the traders control the emotions in the trading ?

  1. #1
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    Default how the traders control the emotions in the trading ?

    how the traders control the emotions in the trading ?
    dear traders i want to now that the traders how they control the emotions when they are in the market and they trades in the Forex

  2. #2
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    it is the main key to success if you can control your emotions in Forex business, i think traders or brokers can control their emotions in this online business if we have loss side in our mind too

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    Forex market is not for everyone and certainly not for the persons who are risk averse and very cautious about money. The market doesn't cares for you and for your trades, so don't get emotionally attached.

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    As a traders we need to control our emotion because sometimes we face problems like loss, win or other problems. When we suffer loss we need to control our emotion because if we don't control it sometimes it may cause negative thought we can't think for good strategy again to come up with our losses. And when we earn much profits we should also control our emotion because at that time we always place our order and sometime we don't think that its not good.

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    to control my emotions i follow my trading strategy, risk and money management rules and planes strictly. by doing this i can avoid big losses, margin call and over all emotions easily.

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    well i think if we concertate on just our trading and then give a proper attention on tarding and over all in tarding if we were confident then i think we should controls the emotion in tarding and then thats easy for us so we should become confident when we doing trading.

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    Traders can avoid loss if they make a trading plan and their targets of profit. If they can get profit is reasonable margin they should continue trading otherwise close trade , not wait so much that their balance will blow up. they should not be in greed if they got their target. Act upon their trading plan .

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    Try to learn using SL and TP. This way can help you to minimize the lost. Also learn to predict the chart movement. Practice more with demo account, don't jump into a real account yet before you are certain that you can minimize the lost.

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    Traders can control theor emotions if they think it a business . They not act upon their wishes Only ddcide what is real and logical.. Just wait what is appropriate time for trading and how they can get benefit from it. if they are up to their will they can loose their money in forex.

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    in ro ham eslah kon:
    i think it is difficult for every trader but it is most important for every trade i think loss is the part of business so be cool

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