How contorl to emotions in Trading??

[shinde]

that is right you have to use real account to practice your emotions. Many people here are saying that we should use demo account to control emotions. I don't see a reason why they are saying this.

[shinde]

You are kidding ?
Demo account will give you nothing in controlling your emotions and you have to learn this thing in real account. It will take some time to control the emotions but you can't eliminate these out of your trading.

[shinde]

Emotions can wipe out even 2 , 3 or 4 accounts if you will not do things to controls them. It is very easy to say that I will control emotions next time but frankly you can never have this control. You can just minimize this emotional trading but to some extent only.

[alam]

following certain plan , strategy and having a destination can make us control our emotions. planning stop loss, take profit , lot size investigating a lot and not to change anything during a trade can make you be profitable. having a certain destination of profits can control over the greed , makes you more strong and the follower of rules. discipline your life , make time tables and applying new and god habits in Forex can be positive to your account.

[pooja]

Controlling emotions is really a difficult job but to become a successful trader we have to learn how to control them. I think emotions can be controlled by implementing discipline in our trading.

[SG Trader]

because emotion is natural from person, and everyone will able to trade with wmotion.
we cant avoid it, emotion is a part of our life. if we still always trade with emotion, we should do a lot of training in the demo or cent account. but is better in the cent account

[SG Trader]

i think if we can do well in demo and you will bring your good habit into real account, but there some trader can do well in demo but get a bad result in the real.
emotion is part of psychology and we must train it in the real account. i think cent account is better to start your train.

[sangam]

I dont have any study knowledge about psychology of real account. i just know only one thing that human dont have nature of loss any think and if this matter come in favor of money then its more hard.
when we see that we are lossing money in front of our eyes we can not accept it so emotions come naturally.
but we can control it not fully some part with making hard rules and deciplane.

It is true that no trader will like to get the loss. But then we have to accept that loss will happen and we have to learn to tolerate them well. Only when we have this kind of ability and are ready for the markets in a the longer times not just for making the profits but also becoming as a successful trader.

[sangam]

if you are trader who is doing the tradings without stop loss then i think you will be in fear and will not do the good trades . use the stop loss after good analysis then i think your emotions will be controlled.

It is not at all advisable for any trader to deal in the Forex markets with no use of the stop loss. Many times as some or the other news comes in the markets are jumping at the instance of 2 minutes some 50 **** and then that will bring the heavy looses in the funds we already have.

[speedy]

For controlling emotions we should be serious enough. During trading we should not forget that our real money is involved in trading so we should take every step with care. One more method for controlling emotions is to trade with discipline.