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    Thread: Control your emotions (27)

    1. #11
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      We may be able to control excitement and overconfidence, but we will never constrain our greed because it is human nature to want things more and more as they get them, even professional traders can not let their greed get in their way sometimes

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      Controlling emotions are difficult but not impossible totally!

      So,you must find a way to control those emotions else emotions would control you!

      Under emotions,you would fail to see the logic and will always be in doubt that would bring more losses

      You would also might take higher risks to earn big money in a short time

      Therefore,you can see that emotional trading can be so destructive

      It can & will affect your overall trading performance leading to frequent losses and making your much frustrated and losing control & balance of your mind

      Then you would take even more risks and lose all again

      So,it becomes a self-fulfilling prophecy and you would be trapped,so to speak,unless you take corrective actions!
      The Real Money is in 100% Compounding

    4. #13
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      Fear greed and impatience are all functions of emotional aspect of the forex traders person build up and if by hey are allowed into forex trading what they will only do is to cause more trouble for the reader involved. So you must try all your possible best to get rid of them.

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      Its very important to controle our emotions while trading in forex trading business because if we get angry or greedy we will not trade in good way and we will lose all our money .so human emotions can effect in forex trading , we need to be like robots we trade without greed or fear or anxiety.
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      To get control over our emotion we can spend time with the demo account. The more we will spend time with demo the more we will get control over our emotion. Demo account is the best way of it. The demo can make it easier. We also can meditate. Meditation also considers one of the easiest ways of it.

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      It is easy to say but hard to prove. I tried a lot but most of the time I failed to control my emotion during the trading time. Forex market is like a trap. It is not easy to get rid of this trap. When I start trading I forget about any others thing and keep trading but to move forward and to get profit from trading I have to get control over my emotion. Already working on that. Hope I will see the good result very soon.

    9. #17
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      Emotions are affected our trading and result in the shape of loss comes out. So must control your emotions with the help of patience. Patience is more importantanduseful to survive long term in the forex trading businessand be a successful trader of the forex market.

    10. #18
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      Emotional control is a major issue that so many traders have not really Been able to overcome , and it is quite unfortunate because this has been the havoc wrecking thing to the success of many, let us be properly guided in this matter so that we can have a better trading experience. Control yourself please

    11. #19
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      control your emotions is the first key to succed,most of traders are losing because they are depending on their emotions for opening trade,once you are able to trae only with analyze and with a good money management then you will be a forex guru and you will be profitable most of time

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      controlling emotions are important here, because with emotions we can become greedy and then can lose just here, i was also greedy trader before a year, i was earning good but some time i lose all capital and saving in greed, so that is bad thing which give us huge loss also

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