How can we cure emotional trading?

[raka999]

yeah you are right that no work can be done without emotion if you are not sick. actually emotion is in human's nature. so it is impossible to eradicate it completely. but again risk is propotional to the emotion. so we must have a good control over emotion to minimize our risk.

it is true, emotion, greed, fear, is human nature that you can not lose. you can only control it. how to always discipline in all things in forex trading. maybe you have to learn gradually, not all at once. the more you can be disciplined, then you can relieve your emotions. do not be afraid that suffered loss due to obey the rule that you specify. Most importantly, the loss is a scenario that you have prepared.

[golpo20]

That may be lots of sailing reduction along with far too much less revenue. It is advisable to deal with your current investments appropriately by means of letting revenue function pertaining to lengthier time period by means of locking revenue or using trailing quit along with decreasing the particular cutbacks through the use of quit reduction or shutting down the item manually.

[mehedi islam]

No work can be done without emotions. Same is the case with forex trading. The need here is to utilize those emotions in the right way. You must use your emotions on constructive way.

yeah you are right that no work can be done without emotion if you are not sick. actually emotion is in human's nature. so it is impossible to eradicate it completely. but again risk is propotional to the emotion. so we must have a good control over emotion to minimize our risk.

[sumonmia0526]

i understand emotions are human nature and it is not easy to get rid from them, but we should learn to take responsibility of our deeds and decisions, if something gone wrong due to emotion or anything that is no excuse but you are bound to improve it if you want to succeed.

yes this happen to me most of time i guess with market price ..but be cure about this we need lots of patience and analysis technique..without analysis a trade is going to be risk ..and also we need to calculate the risk level and set SL always ..this is impossible to cure from emotional trading but we can control it by our experience

[rathod]

yes market is risky if you are taking risk so just understand what is risk and what is not risk and if you can understand that then you just have to avoid risk and you can be patient then and then success will be following you.

[rathod]

yes you are right because of fear you can not stop trading so all the people who are trading they are ready to accept losses and they are brave enough and this is where I think fear can be controlled as traders have to be brave

[puri]

we must always be based on the analysis in decision making. not only on visual observation, seeing the price would go up or down quickly, then we immediately take a decision. it's called trading based on emotion. It is very dangerous

[yogesh]

i understand emotions are human nature and it is not easy to get rid from them, but we should learn to take responsibility of our deeds and decisions, if something gone wrong due to emotion or anything that is no excuse but you are bound to improve it if you want to succeed.

[Rizwan]

Only experience can teach this.
Also one can avoid such mistakes by trading longer time frames, and by self teaching our mind that this market is the most dynamic and risky one.

that is right that if we are being defeated by our emotions they will going to rule us and they will going to conquer our selves. we can't be able to have a clear mind and a proper way of thinking. its better for us to take control on our emotions before it would become worst.

[hello927]

Without emotions there is no trading and one will not be able to understand the fundamentals of trading.
but emotions must be controlled either you have gained profit or you are in loss. Both feelings are very important. Emotions can be controlled by better knowledge and vast experience.