Yourself Is The Real Enemy.

[ayusri]

trading with a cool mind is the rit way but when the profit's start to walk towards loss then frustration takes over and then more wrong stuff goes on.... .......and also too muck over confidence can be a real bummer.......

the intended emotion is self-control is the enemy, if we felt it was a profit and closed position and then quickly re-open position with no regard to existing conditions will usually be unrestricted and benefits that have been obtained also can be lost quickly capital can even be eaten until the position to be turning a profit was now a loss and continue to lose money because of curious about the losses to continue to open up the capital position without taking into account the losses for the losses keep going until they run out of capital that is what is called the enemy within himself could not control his emotions.

[anoha]

Yes, psychology is the biggest enemy of the trader in the Forex market and self-dealing with emotions, fear and greed and the inability to control them in Sorry for any beginning and I also feel, but with time I will go and this bad feeling, a fear

[andhwrey]

that is why you must learn to discipline yourself and control your emotions, and tell yourself what is the right thing to do. because if you can't control yourself, you will hate yourself in the end and blame yourself.

aggree,we must control it and watch to didnt changed our mind and acted with unrealistic or based on emotions in trading
it will be zero analise factors agains let emotions comes and break our plan that we are build before.

[bejomulyo]

thats right.. in forex we need to fight with ourselves continuously.. We all have emotions like Greed, Fear, Anger, Desperation etc.. And when we trade these emotions also starts reflecting on our trades.. and these can affect our trading seriously.. even sometimes they proved as the main reasons for getting a margin call.. this is why we need changed ourself into a machine, whenever we starts trading..

the most i aware is my fear. i really appreciated your opinion, kalpo. the bold one is "we need changed ourself into a machine. that's will be a great quote for a trader.

[silenteyes]

Controlling your emotions is something really tough and you can never have full control over it. This can be reduced to some extent but can't be eliminated from our trading. With the passage of time, we will learn the art of maintaining discipline.

[mojacko]

yes you are right. there is no enemy in forex you yourself. When you are in the market for the long time and not leve the market even you have some earnings then you go greedy and becomes your own enemy

that is why you must learn to discipline yourself and control your emotions, and tell yourself what is the right thing to do. because if you can't control yourself, you will hate yourself in the end and blame yourself.

[jg6073727]

yes you are right. there is no enemy in forex you yourself. When you are in the market for the long time and not leve the market even you have some earnings then you go greedy and becomes your own enemy

[kalponick]

thats right.. in forex we need to fight with ourselves continuously.. We all have emotions like Greed, Fear, Anger, Desperation etc.. And when we trade these emotions also starts reflecting on our trades.. and these can affect our trading seriously.. even sometimes they proved as the main reasons for getting a margin call.. this is why we need changed ourself into a machine, whenever we starts trading..

[FXSHM]

Greediness is the most harmful part of our emotion. when i was a newbie i lost huge money due to my greediness. actually i knew the rule of money management. but my greediness overcame my knowledge. i think if you want to be a successful trader you must have control over your emotion.

[anoha]

Yes this is the biggest enemy for us at Forex self that negatively affect us during trading and greed. People successful in the forex can control all the emotions, greed and manage capital well and rigorous and I hope that I'm also the most successful in the Forex and everyone