How contorl to emotions in Trading??

[nilesh]

Yes, its great truth. till now, i am just trying to control emotions but not controlled. Is there any possible way to control those things.
I cannot able to even minimize my emotions. when my position is open, most of the time, i close my positions on negative side.

[nilesh]

Yes, I agree with you. Stop loss will control some emotions on trades. But, stop loss also makes some emotions if we achieve loss. Stoploss point also should be heavily analysed before it placed.

[arihant]

emotions should be converted to positive attitude.If we lose a trade we should convert it into positive energy and not get tensed and open a new trade in haste.It will make us lose more.So when we are in emotion we should try to stay cool

[shinde]

yes almost all newbies are bound to make mistakes in beginning and lose.even me too.
but later they should control their emotions and workout what all the mistakes committed and rectify it.if we do that we can regain all the losses.
other wise there wont be any use of worrying about the losses made.

[nilesh]

I think if you treat forex trading as normal business and agree with that profit or loss is a part of any business. If you keep in mind you cannot earn profit in every trade from any business daily and control you greed then you can control your emotions easily.

[pooja]

A trader who is motivated , dedicated and committed to perform better and better in these markets to achieve their targets have a better chance to control their emotions and they can do so by using effective money management skills.

[shinde]

When you are in the loss it is better to take rest for some time from forex trading and with the fresh mind you can again start the forex trading. But always remember that you have to follow the rules when you trade in the forex market otherwise the same thing happen again

[alam]

I think lack of control on emotions can wipe up to 10 20 or 30 accounts also if you are not able to control your emotions. Traders who are facing margin calls regularly should give up the trade for some time and should go back to the demo account. They should not come to the real account unless their confidence level improves.

[pooja]

Wo traders jo apny emotion par kabo nahen pa sakty wo kabhi bhi kaamyaab naheen hp paty. Hamin forex main kaamyaab honya kay liye robots ki trah kaam karny ki zaroorat hay tab hi hum kaamyab ho sakty hain is filed main.

[nilesh]

To control your emotions first of all don't expect of earning many more in Forex market. Also don't think you will always get loss in Forex. Always keep in mind profit and loss is the part of Forex market.
Secondly keep in mind this thing there is no way of becoming millionaire. Some people think so and trade more and more without the understanding of trends in market. This thing causes a very emotional trading.