Emotions are the worst enemy

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Thread: Emotions are the worst enemy

  1. #1
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    Default Emotions are the worst enemy

    Emotions are the worst enemy
    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. I am trading with XeroMarkets where I am following their advanced informational advantages for make myself capable.

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    To achieve success in Forex market Forex traders should trade without being emotional. Because if you take your decisions emotionally you will surely face loss and never will able to reach success. As a trader, I prefer the STP trading brokers that is why I choose the best STP trading broker called TP Global FX. They give highly secured trading funds, smart bridge of technology; error-free well-timed trade executions, and narrow spread.

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    Emotion is the main enemy of a trader. If you can not control your emotion, you can lose all your investment. Taking decisions emotionally can cause a great loss of your trading career. Those traders who can control their emotions and can take decisions from their minds always make a profit from this market. I always try to make profit from this market. I always try to make all my decisions from my mind, not from my heart. Because I know that if I lose my control;l I have to face losses. My broker Forex4you helps me a lot to make profit from this market by helping me to control my emotions.

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    Quote Originally Posted by Kieran Phillips View Post
    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. I am trading with XeroMarkets where I am following their advanced informational advantages for make myself capable.
    I disagree with you. It seems to me that emotions aren't the enemy of trading, but you must understand them (the reasons why you are experiencing them) and control them. Naturally, if you only use emotions for trading and completely avoid the strategy, then you will lose money. I recently found a very informative and understandable blog post about investing emotions. It really helped me understand meyself better when trading. I hope you might find it useful to know.

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    Forex is not a game. It needs a lot of knowledge and patience. A trader must have all kind of knowledge about forex market before he starts to trade. Knowledge can be gathered by so many ways. If any trader wants to gather knowledge about forex market he can try a demo account. I started my forex trading with a demo account of Tpglobalfx broker. From there i gather all kind of knowledge when I did some trade with demo account. This is one of the best way to gain knowledge about forex market.

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    Forex trading is the most famous and profitable business in the world. If you want to earn money from the forex market then you should gain proper knowledge first. A reliable broker is very important for a trader. Without a reliable broker, you can't survive in the forex market. Choosing a reliable is not an easy task though. I trade with Forex4you. They are very reliable and supportive. I would easily suggest this broker if anyone looking for a reliable one.

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    in ro ham eslah kon:
    In the context of the stock market, emotions can be a weapon of self destruction that can potentially blow up your account if youíre not careful. Keeping your emotions in check as a trader is easier said than done. The good news is that you can remove emotions from the equation much more effectively with the right tech on your side. Itís all about helping refine your decisions by adding an emotionless resource.

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