How to reduce stress in Forex trading ?

[lala100]

I think to reduce the stress in this business is with a good risk management and good knowledge about the price movement my friend,so we will always trades under a good analysis and a good limitation for our loss

[forexbossctg]

1. Breakout system is one way which you can trade without too much stress. In this system you should identify the tight trading ranges and you just wait until the price moves outside of this range and trade on this direction.

2. Trade for a long term due to this you have much time to watch Forex and you should adjust your SL time to time as required.

3. Avoid scalping. No doubt scalping give you lot of profit with in short time but as well as you can get huge loss in short time.

4. The last way you can use to eliminate stress which is your own trading robot. who places trades for you. but this is not for everyone due to high cost.

A nice thread about avoiding stress . Yes break out system is the most perfect planing fore forex trading many traders think as like it . Scalping make your pofit but it is risky too . For this reason I prefer long term trading . Long term trading needs time but it minimize your loss ratio and 80% guarantee that you can get profit . emotion control is also main reason of falling stress. so control your emotion when you are trading .

[eTraderState]

don't scalp and over trade on the same day, you need to analyse the trend and its target after make small lot entry and float in it, see chart very randomly this style will reduce your stress

[rizwananwar]

When i start Forex trading as newbie trader i also feel much stress because i have not any Goal for trading not any strategy which give me right way of trading. Now i read daily analysis report of experts and i compare my analysis report and target with them. In my opinion when i control our emotions there is two things which appear that we can trade best and get best profit and in the result of best trading we remove our stress..