View Full Version : How contorl to emotions in Trading??
kumar
2012-06-10, 07:49 PM
Emotion can cause huge loss. During trading one should not be emotional if he loose once. One should keep in mind that there is more opportunities to earn later.............thanks.
v jay
2012-06-10, 09:25 PM
Emotion has become one of the main enemy of any trader. And one key to success in forex trading is emotional control. If a trader is able to control emotions so he's getting close to ksesan. And one way untukmengontrol emotion is determined solely by the rules and discipline of the trader to comply with trading rules.
abdullahmuslim
2012-06-10, 09:55 PM
to control the emotions I think we should be aware of the use of contracts that we use, because with our consciousness, then we will be able to control our emotions when we run the daily trading
abdillahikbal
2012-06-10, 11:52 PM
to control the emotions I think we should be aware of the use of contracts that we use, because with our consciousness, then we will be able to control our emotions when we run the daily trading
well sir, with a healthy sense of course, we will realize that when we lose we can not necessarily be repeating the mistakes that have made us lose money, rest assured that one day we are able to become a professional trader
I also feel the emotions are unstable when doing business. especially when experiencing loss. I have done is when experiencing loss just by turning on my favorite music to calm myself and away from contact with the family when I experience stress:)))
sanjay
2012-06-11, 12:41 AM
Emotional control when trading is required by traders. Without control of emotions, we will be chaotic trading.
The core of emotional control is patience. We must be patient under all conditions, whether profit or loss.
It is very difficult when it first, but as the running time is expected to be achieved simplicity.
Because, emotional control is absolutely necessary in trading to produce consistent profits.
benys
2012-06-11, 12:43 AM
For me is simple. I overcome my emotions and bad feeling with discipline and motivation. Self discipline and self motivate helped me so much. If we didn't train our self to be discipline in trading, then we made decisions unwisely. Motivate our self, We must overcome and face every mistakes and loss. This is what trade is all about. With God's will, We will become a successful trader.
vanigota
2012-06-11, 12:43 PM
until now i am still do not really know how can i make the control of my emotoon, i am still using the target to make me do not greedy and just keep relax when i am got the loss , maybe using that step can help me to minimizxe the emotion
kumar
2012-06-11, 07:48 PM
emotion control during trading is very important in forex trading. lack of emotion control can make us be greedy which can cause margin call. so we have to avoid enter to the market at bad mood condition
hikaru fx
2012-06-11, 09:48 PM
We all know that Forex is very much risky, we should be very careful while trading because it's the biggest market in the world. Patience and emotions plays very important role in Forex market. Many traders loose because of emotions and lack of patience. We should minimize our emotions while trading. We should always focus in one currency pair if we really wants to be successful trader.
golpo20
2012-06-11, 10:14 PM
in forex trading market to regulate this emotions we must find out why you have this investor to experience emotions. and once we already know the reason, next you can make an effort to learn how to defeat the item. you can help make trades by means of doing the policies better. to ensure you can follow all of them.
shanti
2012-06-11, 11:07 PM
In my thinking I will say that control emotion is the key of success in this forex trading market .control your emotion is very important in every business i this life and its very important also in this forex trading market to survive in this market.business= profit or loss .so dont be emotional and try to make good strategy for make profit.thanks
susanto
2012-06-11, 11:42 PM
in forex trading market to regulate this emotions we must find out why you have this investor to experience emotions. and once we already know the reason, next you can make an effort to learn how to defeat the item. you can help make trades by means of doing the policies better. to ensure you can follow all of them.
necessary skills to be able to control their own emotions one effective way is through a broker there we helped to control the emotions with the right guidance when I had to buy and sell
it is very good idea to have the rules in front of you in written and the rules of money management should be followed strictly for sure, I do not agree to loose 5% of capital in s single trade it should be 2% and it should not exceed 3% at all or less than 3%.
sanjay
2012-06-12, 12:41 AM
emotion never be good specially Forex trade. you can not take right decision at the right time. if you want to control your emotion you must be practice and hard work. this is possible but its a matter of time.
dharampal
2012-06-12, 03:32 AM
during trading you wanna control your emotion then make rule for yourself and follow that rule in every condition. whether you are in loss or profit. because rule only option which help to control emotion.but some time people break there rule for profit and lose money.
Forex
2012-06-12, 07:22 AM
I have a way to get my emotions when trading is always stable, namely by listening to music, because for me music can stimulate the brain and can make the spirit of the people who listen to music, look and listen to favorite music while doing trading, I'm sure you'll be more relaxed.
abdul hamid p
2012-06-12, 07:28 AM
Every one talking that in forex we must know control the emotions..
tell us how you control your emotions that come during trading.
:))):yahoo:
(sorry in thread name i put wrong spelling...control is right spelling )
controling emotion is very important, because it's related to our decision. when our emotion is not good then usually our decision is not good too. some time we close our position even though we are in right position. when the price is floating usually we are easy to panic. that's way controling emotion is very important
venus
2012-06-12, 08:23 AM
There is no one who could be successful in forex trading without controlling emotion well including greed and
fear feeling because greed and fear could cause lose in money (greed) and lose chance to gain profit (fear)
so it's important to be confident but there is limit to prevent big losses.
abdillahikbal
2012-06-12, 08:31 AM
There is no one who could be successful in forex trading without controlling emotion well including greed and
fear feeling because greed and fear could cause lose in money (greed) and lose chance to gain profit (fear)
so it's important to be confident but there is limit to prevent big losses.
correct sir, with high confidence that we will be super and super, in other cases we are able to control themselves and choose when the time is right to enter or exit the market dati market, and this is very important to note for the beginner trader
fauzibowo
2012-06-12, 09:26 AM
controling emotion is very important, because it's related to our decision. when our emotion is not good then usually our decision is not good too. some time we close our position even though we are in right position. when the price is floating usually we are easy to panic. that's way controling emotion is very important
yes i agree with you, it is very difficult to control your emotions, because if we can not control their emotions well, we will not be able to think well and certainly the results of our analysis will be bad.
kumar
2012-06-12, 03:43 PM
we know every body that emotion is a part of human body,causes of emotion we are fall in greedy and fear,and we are doing loss in trading market,so we have to be control emotion.
yogesh
2012-06-12, 04:07 PM
Having control on emotions can be a very useful in dealing with problems that might require to be handled with more brain than heart. Whenever emotions come in miday of your decision take a second and breath in and out and try to relax.
Nabi Ahmed Gill
2012-06-12, 04:09 PM
I have written all my trading rules in 1 paper and keep that infront of my computer and always i tried to follow them and automatically my emotional getting control. Example - I have set rules that dont used more then 10% of your account balance in 1 position in any situation, so whenever i see good signal then also i dont used because anything can happened in forex and like this i able to control my emotions, some times it failed too...
agr hum trading main apna emotion ko control karta han to hum trading sa obht sara profit earned kar skata han or agr hum na trading main apna emotion ko control nahi kar skata to hama boht sara loss earned ho sakta ha.
we know every body that emotion is a part of human body,causes of emotion we are fall in greedy and fear,and we are doing loss in trading market,so we have to be control emotion.
yeah very true one reason we lost is that we can not mengintrol our emotions, sense of taste to control our emotions we should be more careful in doing the trading and analysis so that we can mendaptkan profits and leave the nature of greed
100 to 1,000
2012-06-12, 04:55 PM
Having control on emotions can be a very useful in dealing with problems that might require to be handled with more brain than heart. Whenever emotions come in miday of your decision take a second and breath in and out and try to relax.
this is the most correct advise. brain more than heart. i agree with you completely sir. most of the time the emotion is the "heart" factor.
and the "brain" is the knowledge, solutions and experience. becoming focus with our goal in trading is a must and we can only achieve this by using the brain.
hemaelsisy
2012-06-12, 04:57 PM
you can control on your emotions by force your self to enter market less than 5% of your account for each position even any trader he increase this percent he will kill hiss account just remember this
MIMIH
2012-06-12, 05:00 PM
Being able to control your emotions depends in part on how much you feed a particular emotion; on how much we focus on what we are afraid of, enraged by, or depressed about. But its more than that. Good emotional intelligence requires we understand our own moods, recognizing when and why we are upset and having very real strategies in place to be able to influence the way that we feel.
So if you ever find yourself tossed around helplessly on a hysterical tumultuous sea of emotion and want some ways to at least adjust your sails, the better to steer your own course toward calmer waters, then read on, dear reader.
sripanut
2012-06-12, 05:55 PM
We have to control our emotions in forex trading, because if we can not control our emotion we can get loss in forex trading. Our mind is fresh, so we can make a good decision in forex trading. In my experience, if we get loss in forex trading it is better to take a rest.
fauzibowo
2012-06-12, 05:57 PM
We have to control our emotions in forex trading, because if we can not control our emotion we can get loss in forex trading. Our mind is fresh, so we can make a good decision in forex trading. In my experience, if we get loss in forex trading it is better to take a rest.
yes i sangats etuju with you, we do have to be able to control emotions well, because these emotions can make us serkah and can make us violate the rule that we have made.
if me during the trading situation controlling emotion is really very hard for every forex traderbecause while we do trading always emotion chasing us.cause of emotion we fall in greedy as a result we do losses in this business.
ashar
2012-06-12, 08:26 PM
emotions can be controlled by the rule of discipline. strategy between the trader can be different, but still use money management. money management will make your account more secure, and certainly if you are disciplined with money management rules, your account can survive
shalman
2012-06-12, 10:01 PM
Actually our hope has no end and gradually it goes to the greed.and for that reason the Emotions are not good for the Forex trading.if you want to trade in Forex safely then you have to maintain the money management and the rules and our emotions breaks those rule.so for batter trading we have to control our emotions
mc0602
2012-06-12, 10:34 PM
i think emotion control strategy implemented for new entrance because they are new and take some time for adjustment with rules and conditions but its not very tough. and i think its nor effected our working on Forex.
venus
2012-06-12, 10:53 PM
you can control on your emotions by force your self to enter market less than 5% of your account for each position even any trader he increase this percent he will kill hiss account just remember this
It's good idea to give limitation to control our emotion in trading because if there is no limit in forex so it's hard to control
emotion well. There must be target daily profit and maximum losses for whole day, it could control our emotion so it won't
trade too aggressive.
sanjay
2012-06-12, 11:37 PM
Newbie become so much emotional if they loose money. But big trader do not become emotional easily as they know that they are able to earn tomorrow. Newbie should also think so.......thanks a lot.
antosco
2012-06-13, 02:45 AM
I heard a very long time ago that it is better to prevent a thing from happening than trying to cure it. To prevent emotions from coming in, we must try as much as possible to make sure that we follow our money management rule while trading to help minimize the risk imposed on our account.
digger_jim
2012-06-13, 04:50 AM
Stop expecting result in dollar amount. The expectation of money is the one thing which stirr your emotion the most. After all, if you expect to receive $100 but actually receive $10,000, you'll feel elated; on the other hand, if you receive nothing, you'll feel down. Expect something which is more static like the implementation of your strategy. As long as you implement your strategy correctly, you feel satisfied, doesn't matter the trade by trade result.
Stop expecting result in dollar amount. The expectation of money is the one thing which stirr your emotion the most. After all, if you expect to receive $100 but actually receive $10,000, you'll feel elated; on the other hand, if you receive nothing, you'll feel down. Expect something which is more static like the implementation of your strategy. As long as you implement your strategy correctly, you feel satisfied, doesn't matter the trade by trade result.
I think to control emotions by applying one of its high patience, so that we can read or wait for the right market trend to make decisions so that we do not fail in forex trading
nurivasyarifah
2012-06-13, 11:43 AM
if you want to do this trick, before you fasted Monday and Thursday pad to control our bodies so that is not controlled by passions good taste to food or something larger, then try to trade safely in accordance with MM that you created yourself
be-lazy_think-crazy
2012-06-13, 12:29 PM
i actually do exactly as you decide to do to control my emotions i hang a chart within my room composing down what i need to do and i glance to it frequently actually the picture is always within my mind to control my emotions
anwar
2012-06-13, 05:30 PM
Every one talking that in forex we must know control the emotions..
tell us how you control your emotions that come during trading.
:))):yahoo:
(sorry in thread name i put wrong spelling...control is right spelling )
if the results are often ugly emotions plus have a heart attack
hence we should always hold the emotion in the moment will determine where the OP.
topmaster
2012-06-13, 05:54 PM
emotion humare trading ke liye sahi nhi hota emotion humare ko loss krva sakta hai hum jeetna emotion krege humko utna hi loss hoga is liye humko emotion ko cantrol krna chaiye tabhi hum trading achi kr payege..
if the results are often ugly emotions plus have a heart attack
hence we should always hold the emotion in the moment will determine where the OP.
I realize it is very difficult to keep emotions especially when we are losing in forex trading but one way to instill in us a great patience, we will succeed in this trading
executor
2012-06-13, 06:01 PM
Every one talking that in forex we must know control the emotions..
tell us how you control your emotions that come during trading.
:))):yahoo:
(sorry in thread name i put wrong spelling...control is right spelling )
Control your emotions in trading in forex, was tantamount to not letting the feelings and mentality disrupt concentration. This is quite a difficult effort, but we have to get used to trading with a calm mind and stay focused, do not let emotions colonize our minds.
sanjay
2012-06-13, 06:06 PM
emotions make traders revenge when loss, they can not accept when their money lose so their psychology became uneasy and want to recover their money has been lost immediatelly
shanti
2012-06-13, 08:22 PM
Emotions are a part of trading. The problem i have face during trading is that when a setup is being formed, but is invalidated before entry. The emotion felt during this period is extremely crucial. I have made mistakes in this part of trading. It is extremely hard in getting ready to trade a particular setup and then backoff at the last moment!
kissshore
2012-06-13, 09:14 PM
Truly emotions in forex trading are simply inevitable, no matter how much you try to avoid them the more they come to you..! So it is always better to try to control them but it is never good to think hard and concentrate to change the habit of bringing emotions..!
kumar
2012-06-13, 09:57 PM
emotions help to make traders retribution while decline, they will certainly not acknowledge while their income lose therefore their mindset started to be unsure in addition to want to retrieve their income has become missing instantly.
golpo20
2012-06-13, 10:35 PM
I do believe so that you can handle thoughts effectively should find out plus a beneficial experience, to help you properly handle the thoughts while dealing. simply because it does not take affect of mental variables in your success throughout currency trading company.
Rizwan
2012-06-13, 11:48 PM
I have written all my trading rules in 1 paper and keep that infront of my computer and always i tried to follow them and automatically my emotional getting control. Example - I have set rules that dont used more then 10% of your account balance in 1 position in any situation, so whenever i see good signal then also i dont used because anything can happened in forex and like this i able to control my emotions, some times it failed too...
emotional sentiments plays a very good role in forex trading i guess.Being greedy might be problem.if u'll be greedy and expect a lage profit,then u might get loss.besides greeds,u must have a good control over your emotions and sentiments as well i guess while trading.but as human,we all have these character and its preety much difficult to control these emotions.its not easy to be a good trador.
hikaru fx
2012-06-14, 08:10 AM
This emotion is sometimes difficult to control, especially when we are exposed to substantial losses, I had a temper tantrum in front of the computer itself, because of uncertain market direction, so I had a pretty big loss
Gecko
2012-06-14, 09:41 AM
Determine the target profit and loss targets ..
Although the market is moving very good indicator of support for open trade. stop trading .. you will not miss moments like that in forex, can happen at any moment, as long as you have enough time to monitor the continuous chart ..
If a loss, do not revenge ..
shanti
2012-06-14, 04:02 PM
while we doing trading at that moment we are fall in emotion,emotion is a part the human character,but causes of bad emotion we are doing loss in trading,so we should strongly control our bad emotion.
shamtek
2012-06-14, 06:29 PM
yes it is very important to control your emotions to trade well and it was very difficult for myself I own to be able to control emotions and I really suck.
nobby
2012-06-14, 08:00 PM
yes it is very important to control your emotions to trade well and it was very difficult for myself I own to be able to control emotions and I really suck.
It takes a little time and some patience and you will be able to master your emotions. All you need to do for now is to take trades that will not greatly harm your account if loss comes and you will find out that you will be less emotional about such trades.
fauzibowo
2012-06-14, 08:45 PM
If you have to control over your emotions then you must have to think it before you place the trade. and after you takes trade just close the mt4 and go anywhere or do any other activity. When you see later your take profit get triggered.
is the ability to regulate emotions in trading is very important, we should be able to trade well in forex because it's very difficult to get a profit if we do not have a good trading skill
Now that you know what emotion you're dealing with, think of at least two different ways you can respond. Your emotions control you when you assume there's only one way to react, but you always have a choice. For example, if someone insults you, and you experience anger, your immediate response might be to insult them back. But no matter what the emotion, there are always at least two alternatives, and you can probably think of more
golpo20
2012-06-14, 09:35 PM
Sensations will probably usually lead the way to will lose just. It will have simply no likelihood that people create revenue by means of feelings. We have to discover a word to produce revenue on it's own. Is there something in Forex trading to produce reliable revenue.
khaled6969
2012-06-14, 09:41 PM
Trade on the basis of emotional be in the market based on the belief that emotions make sure emotional base to be a poor fit and often foreign exchange market
shalman
2012-06-14, 11:29 PM
If we are suffering from these, then we should stop trading for that moments. I also still have problems in controlling this, because the bad emotions often arise spontaneously still disrupt trading I did.
sanjay
2012-06-14, 11:29 PM
It is difficult to be able to control our emotions. Usually we will always be tempted. if we look at the ongoing price and we think we deserve to attend. Also when the market is volatile, we often feel our emotions rise, especially when you're floating minus.
hikaru fx
2012-06-15, 08:32 AM
of course when you trade you must have to control your emotion...because its a grate reason for loss in forex....
many people loss in forex because of emotio
tachyon
2012-06-15, 08:40 AM
emotions always come into the way as a barrier to the trading.because of the emotions we can not take the correct decisions so we have to control the emotions.My best way to control the is watching the movie simultaneously with trading.
fauzibowo
2012-06-15, 09:44 AM
If you want to control your emotions then trade that should be done is how we can find these trades using good money management and discipline in risk management in trading then you will be able to control the emotions of trade
indeed in trading we should be able to control your emotions, because emotions in forex is the cause of the defeat of most traders, and this is also how I felt when early trading.
syedasadsiddiq
2012-06-15, 09:55 AM
Emotions are the part of human psychology, most people control their emotions and some are not. Emotions in forex business in the part of the trader specially for the beginners is very important when he just start forex trading. To cut-down the level of emotions from the newbies it is good for him to not make high desire to get more profit every day, means emotions having a direct link with greed. Before having a control on emotions you need to have control on your greed, once you got control on your greedy approach you will become successful to control your emotions. What do you think???.
fauzibowo
2012-06-15, 10:25 AM
Emotions are the part of human psychology, most people control their emotions and some are not. Emotions in forex business in the part of the trader specially for the beginners is very important when he just start forex trading. To cut-down the level of emotions from the newbies it is good for him to not make high desire to get more profit every day, means emotions having a direct link with greed. Before having a control on emotions you need to have control on your greed, once you got control on your greedy approach you will become successful to control your emotions. What do you think???.
absolutely right, these emotions arise simply because our psychology when it was bad, and could also be caused because the kit was lacking a good knowledge of trading, so we do not know how to run a trading well.
shanti
2012-06-15, 06:29 PM
It is necessary to control your emotions in trading, as with our own emotions under control, then that would be it help us to become a good trader, because if we can not regulate our emotions, we will often experience loss, just because because of trivia .
Anuruddha
2012-06-15, 07:47 PM
Controlling the emotion may be some ones inbuilt ability but for other controlling the emotion is a hard task. For that people only way to control the emotion is to learn from the mistakes and rectifying the mistakes in future.
raka999
2012-06-15, 08:54 PM
do not know how can control emotions in Forex trade but i know if i can not control my emotions on trading then i loss my money in Forex. I am try to control my emotions on trading for success in Forex. Thank you.
effective way to control your emotions is to always behave in a disciplined trading. always try, you have a target and the risk that you can receive. so, you will not feel the emotions when trading. because, if you lose, you can take that into account.
TrojanFX
2012-06-15, 09:10 PM
effective way to control your emotions is to always behave in a disciplined trading. always try, you have a target and the risk that you can receive. so, you will not feel the emotions when trading. because, if you lose, you can take that into account.
controlling emotion is badly needed for every parson.who have not control his emotion,he can not success in forex trading and life.if he can not control his emotion,any where he can not found any place to stay and to success.
shamtek
2012-06-15, 09:46 PM
think the only differences that in demo, you can trade unconsciously but in real you have to trade consciously because here money is real. You have to remove emotional trading to earn more.
shalman
2012-06-15, 11:41 PM
yes i am agree with it, but for me, i think that forex is the hardest job in the world, not the second, because i am still do not trying the other job or business so i think that forex is the hardest job for me
yogesh
2012-06-15, 11:55 PM
you are right. we should take this as motto "no emotion". but my question is how we can control greed? because greed is worst among the emotions.
Of course excessive greed is worst emotions that let us lose big and not let us book profits, though i disagree that we should not have even little greed. Coming to the emotions "No emotion" is not possible nor we need it actually, what we need to take care of is not let our emotions affect our trades for bad.
if we want to control our emotion so we must have good knowledge's and good experiences because good knowledge's and good experiences will bring us more confident confident and sure to say it will be helpful for our trading.
jasmit
2012-06-16, 01:36 AM
ya thats right.emotions becomes a mojor fact while we are trading.sometimes it becomes hard to control yourself while making a dicision.so i think everyone should be patient and work hard for the good to come.
sheikh rashed
2012-06-16, 01:41 AM
if we want to control our emotion so we must have good knowledge's and good experiences because good knowledge's and good experiences will bring us more confident confident and sure to say it will be helpful for our trading.
lisa, you are right confidence can help our forex trading but i think you know that very well confident give us over-confident at the last stage and it can make some huge bad affect in our trading because we are human so we need to very careful about that .
ya thats right.emotions becomes a mojor fact while we are trading.sometimes it becomes hard to control yourself while making a dicision.so i think everyone should be patient and work hard for the good to come.
emotion is the most important factors in forex tekni addition, by being able to control our emotions and have good technical skills will make us really successfully and profit in trading and how to best control it is with patience and desiplin
ishvara
2012-06-16, 05:49 AM
Of course excessive greed is worst emotions that let us lose big and not let us book profits, though i disagree that we should not have even little greed. Coming to the emotions "No emotion" is not possible nor we need it actually, what we need to take care of is not let our emotions affect our trades for bad.
Excessive greed is one very important emotions that forex traders must endeavour to watch and arrest at all times as they trade forex markets, It can destroy a forex trader and then send them crashing to losses
fauzibowo
2012-06-16, 08:51 AM
Greed is being created or formed in any Human being naturally according to the situation but the most difficult part of it is to control that properly .
Traders have to gain the inner strength to face such problems and solve that .
ery true, indeed greedy nature of man, but I believe this greedy nature can have minimal if we can find a good forex trading mechanism, because I think the cause of greed in the trade is due to our lack of knowledge about forex.
skboyra
2012-06-16, 10:56 AM
emotion is a great factor in forex. if you see you are continuing in profit then you may want to invest more for your greediness and increase the unexpected trading but its not optimum. so we shoul avoid our emotions by applying market sentiment.
terajana
2012-06-16, 11:27 AM
emotion is a great factor in forex. if you see you are continuing in profit then you may want to invest more for your greediness and increase the unexpected trading but its not optimum. so we shoul avoid our emotions by applying market sentiment.
bad situation in the trading will affect the emotions that are owned by the trader, sometimes we will have that pressure can make us irritable and unable to control your emotions in trading .. we should be able to learn a lot from the experience that we get ..
kissshore
2012-06-16, 11:52 AM
First of all control emotions is not easy at all but a lot of practice can help us to make it easy, money management is one of the main reason to control your emotions..!
hikaru fx
2012-06-16, 02:00 PM
Lol i also have repeated the same mistakes over and over again...I would advise you on ways to try and get it under control but i really don't know because most naturally you are different than me and may deal with things differently..For me the only true way i have learned to overcome these mistakes is getting fed up of losing...So in turn you may learn when there is really the "need" but only you can control it...You have to find the way as it is a personal matter and one solution can't work for all..
sayem
2012-06-16, 02:08 PM
Emotion ko control karna itna aasan nahi hota hay specially jo newbie hay uske liye to impossible jaysa he hay. leken aagar koi kari mehnat karta hay or practice karta hay tab ye possible hay leken uske liye bohot hard work karna parta hay. ye sirf samay ki baat hay.
alhamdulillah
2012-06-16, 02:51 PM
Firstly,
Know your emotions. There are a million different ways you can feel, but scientists have classified human emotions into a few basics that everyone can recognize: joy, acceptance, fear, surprise, sadness, disgust, anger, and anticipation.
and there are several ways to control it
yakult
2012-06-16, 03:25 PM
In controlling my emotions make for my own trading rules. And a list of rules that I wrote and my big stick on the wall next to my computer. So I always remembered and always try to stick with it. But if the emotions that affect the forex problem outside, then I would not trade that day.
safdarjafri
2012-06-16, 03:41 PM
There are three emotions that traders suffers from i.e Fear, Hope ad Greed. To be successful you need to suppress these emotions, banish them like demons.
Traders who are fearful are generally afraid to lose. They do not follow their trading strategy and close out trades too soon afraid that the market will reverse and they lose all their profit. They loose patience with the market and often close out a position before their stop loss has been hit only to see the market go in the direction they forecast.
Traders who are hopeful are almost in the realm of the gambler that puts money on a roulette wheel number. Everything they do is with the hope that its the right decision. They let bad trades get worse or good trades turn bad or they hope that the market will turn. They never stick to trading plan.
Then there are the greedy traders. These are traders who are never satisfied with where they are and are always waiting for the market to bring them more money. They never pay attention to what the charts are showing them and are ready to risk more than they should and trade more then they should.
All above emotions are detrimental to making money and being a good trader. It is very important to suppress these emotions.
How?
Firstly dont take high risks by trading more of your capital than you should. A rule of thumb is to not risk more than 5% of your capital on any one trade. There is no chance to lose all your capital if you keep this rule.
Make a plan and stick to it. Make yourself a set of rules and keep to them. For example if you have a rule which says that you risk reward ratio is 1:2 or 1:3 then keep to it. You would be surprised how many traders reverse their risk reward ratios.
Never overtrade as trading too much does not win you more money all it does cause you to risk more. Knowing when not to trade is just as important as knowing when to trade. It is also important to bear in mind that the trend is always your friend so trading in the direction of the market.
Finally try and keep a dairy of what you do so that you record what you did when you traded successfully or what you did when the trade went bad. In this way you stay disciplined and honour your trading plan as well as eliminate those nasty emotion.s
devvi
2012-06-16, 03:46 PM
My biggest enemy is myself. Because i get 5 times margin call when i can not control my emotions. i too greedy to get more profit. So, i make order at wrong time, wrong condition, and wrong pair. Not easy to survive in forex, you must control your mind to make it always clear. Be patience and confidance to make your system works better.
well sir, with high patience of course, we can survive in the forex, the fault lies in your own you therefore is the best way to evaluate yourself, then try to win every time you take a position
venus
2012-06-16, 03:54 PM
First of all control emotions is not easy at all but a lot of practice can help us to make it easy, money management is one of the main reason to control your emotions..!
I am agree with you if it's not easy to control emotion and it will need time to be able to control emotion well and doing a lot
of practices can give more confidency to us especially if we could trade well when we did a lot of practices. And the most important
is good money management to make us easier to control emotion.
coiruahmad
2012-06-16, 04:27 PM
Emotions to be the hard part is controlled by the trader.Many people who have failed in forex trading because it can not control your emotions.Actually, we can control emotions when trading is consistent with the plan that we created.If for example we lose today, we accept it with pleasure and do not be a burden because there's no tomorrow for profit.
I usually will make trade rules
and put it beside the computer so that we'll always remember the rules
and make a good mm
I think either way and it will make us better but the way that I often use to control your emotions is to increase our patience is the most effective sense of taste
boniez
2012-06-16, 05:25 PM
I usually will make trade rules
and put it beside the computer so that we'll always remember the rules
and make a good mm
would not that easy to get the discipline, because there are some traders who are also doing the same thing but they still can not get a success, so I'm sure that all of it must be intentional in our respective
shanti
2012-06-16, 06:19 PM
control of emotion is very important patient is very essential for every trader.result of greed is very harmful for every trader in this forex trading market to survive this field.every new trader are be greedy to make money in short time or make huge money to take huge risk.they surely make loss.thanks
control of emotion is very important patient is very essential for every trader.result of greed is very harmful for every trader in this forex trading market to survive this field.every new trader are be greedy to make money in short time or make huge money to take huge risk.they surely make loss.thanks
yes u r right,, every body shold controll their emotion whn they r in trading possition ,, up & down.if they controll & take time for hold sometime they must reach their target.o
shalman
2012-06-17, 12:58 AM
whether the form of celebration is also a form of emotion that is not appropriate when studying for Winning in forex business? if less is often provoked emotions of sadness, resulting berkurangya confidence in forex transactions. This is a novice trader, I admit, I often run into situations like this
sanjay
2012-06-17, 12:58 AM
we are human and we have emotion.no emotion no man.but we should control our emotion.if we want to control our emotion we must see the lower position of us if we can not do it we do not control our emotion.in forex trading we should do it
place
2012-06-17, 01:49 AM
good knowledge can save your money from loss that means a good management can control bad emotions.if we use 1% risk sure you will never loss and emotion will fail to work at our trading time.
Sajedur Rahman
2012-06-17, 01:52 AM
We are human. So, we all must have emotions but varies quantity of one to another. Here are some rules that can help:
1: Control your emotions by looking ahead
2: Get to know yourself
3: Change your mood; do something different
4: Observe how others deal effectively with their emotions
5: Change your physiology
6: Use your noggin
7: Create spare capacity in your life
awaccoo
2012-06-17, 04:56 AM
Being able to control your emotions depends in part on how much you feed a particular emotion; on how much we focus on what we are afraid of, enraged by, or depressed about. But its more than that. Good emotional intelligence requires we understand our own moods, recognizing when and why we are upset and having very real strategies in place to be able to influence the way that we feel.
explosive emotions are usually caused by the subconscious mind is depressed, and without knowing it brings on anxiety, restless people will be confused to decide something, because it demands quick decisions and that's causing the problem peaked angry person, so to control it and solve the problem and looking return the focus to trading
Gecko
2012-06-17, 10:02 AM
when trading, we do not have to always monitor the chart .. look at the surrounding environment so that a fresh mind and can do a better analysis .. ideas are everywhere .. to control your emotions, do not be too busy with the activities of the graph .. specify the target, and if met immediately leave mt4 ..
terajana
2012-06-17, 10:38 AM
we are human and we have emotion.no emotion no man.but we should control our emotion.if we want to control our emotion we must see the lower position of us if we can not do it we do not control our emotion.in forex trading we should do it
control your emotions is not an easy task, and should be done with our ability to continue to train on the actual practice of trading in real account .. to continue to practice and increase our trading experience that emotion can also train to be better ..
nazmulhyder
2012-06-17, 12:38 PM
Every one talking that in forex we must know control the emotions..
tell us how you control your emotions that come during trading.
:))):yahoo:
(sorry in thread name i put wrong spelling...control is right spelling )
ya it is true that controlling emotion is a hard job. only practicing can make you controlling your emotion over time. to do this you have to maintain some discipline. according to my opinion you have to make a follow chart where all the trading rules, which you think important for you, will be appear in a place and you must practice to follow the rules strictly during your trading session. thus you will be able to control your emotion over time.
hikaru fx
2012-06-17, 02:20 PM
yes we should control our emotions because we know that trading is risky and we are able to take this risk.so why we will in emotions;if loss in trade we will try to identify our faults and will take action.
jahangir_rakib
2012-06-17, 02:45 PM
When i was first trade in forex, i don't control my emotions . Than after 1 year i was control my emotion. and That way is banner. banner is " some rule of controlling of emotion. I think every body try it.
Nice work it .
pecel1
2012-06-17, 02:54 PM
to control emotions is actually quite simple
we just need that extra patience
waiting strategy is the most saturate but it is what can turn us into a reliable trader should never enter into an unfavorable market, the result is a loss / MC
jahangir_rakib
2012-06-17, 03:10 PM
To trade without emotion you just have to determine how much you can afford to lose in any trade, put your stop lost even if you lose in a well planned trade it is still a good trade.
jab hum trader me lose karneke baad emotional ho jate hay tab hum aapne mind ko cool ya phir discipline kar le sakte hay.hum yeh soch sakte hay ke trade se hummien phir profit mil sakta hay.Aur lose sehi toh hum trade me profit karna sikhengey.
sanjay
2012-06-17, 07:12 PM
Controlling emotions is the most difficult job to do. Because it takes extra effort to control our emotions. Indeed, if we can control their emotions well, then we can trade with more focus and concentration.
TrojanFX
2012-06-17, 09:44 PM
Controlling emotions is the most difficult job to do. Because it takes extra effort to control our emotions. Indeed, if we can control their emotions well, then we can trade with more focus and concentration.
Emotion is a very bad habit that can make you poor and most of the beginner become emotional and they loose more and more. Beginner should not try to earn more and if they try so they will lose money and they become emotional.
shamtek
2012-06-17, 10:14 PM
One of the lessons who every trader need to study before start trading is to control their emotions.When you are trading you need to be 100% concentrated and to think only for,that what you are doing at the moment and how to win or save your money.
s.chandna
2012-06-17, 11:35 PM
I have published all my dealing guidelines in 1 document and keep that infront of my pc and always i tried to adhere to them and instantly my psychological getting management. Example - I have set guidelines that don't used more then 10% of your stability in 1 place in any scenario, so whenever i see good indication then also i don't used because anything can occurred in currency dealing and like this i able to management my feelings, some periods it unsuccessful too...
shalman
2012-06-17, 11:57 PM
actually people need to accept all trader advice because we may dont have many experience so we need to learn from other experience,so its not wrong if trader learn from other but we should filtering it too in trade forex
hanna
2012-06-18, 03:10 AM
Well friends,
To remove emotion I think this is best way when I am gather a practical knowledge about forex.
then to take any kind of emotional decision I can to proper utilize my experience.
ahmedi
2012-06-18, 05:03 AM
Emotion is a very bad habit that can make you poor and most of the beginner become emotional and they loose more and more. Beginner should not try to earn more and if they try so they will lose money and they become emotional.
Traders should get motivated when they are at loss by accepting their losses as a challenge to them and not as a failure, they should work towards the causes of their failure though it may not be easy but regular practice would be helpfull.
fauzibowo
2012-06-18, 06:55 AM
Traders should get motivated when they are at loss by accepting their losses as a challenge to them and not as a failure, they should work towards the causes of their failure though it may not be easy but regular practice would be helpfull.
I strongly agree with you, we have to realize all this process need it the most difficult thing is completing the process, and we must be aware to be a millionaire in forex requires a long process and we must wait to pass it.
purohit
2012-06-18, 01:03 PM
I think a experienced trader is a better person who can control his emotions well and with all those years in the markets and losses and profits nd lessons learnt he is in a better position to trade and trade emotionless.
There are different kind of emotion and there are negative emotions and there are positive emotions. Well positive emotions need not be controlled as they will be good for outcome of the trades.
v jay
2012-06-18, 06:59 PM
yea i can do it .i can control my emotion when i trading .causes i believe it that forex is a risky trading and trading with emotion is too harmful in this trading . so not for me i think every trader should control her emotion when he trade
didikebenaran
2012-06-18, 08:07 PM
yea i can do it .i can control my emotion when i trading .causes i believe it that forex is a risky trading and trading with emotion is too harmful in this trading . so not for me i think every trader should control her emotion when he trade
emotions will actually be killing us in this trade, so we had to do tends to be how we can find a trade that would be more appropriate to control emotions by the small size walapuan you get a small profit but you are safe in emotion
ashikrobi
2012-06-18, 08:51 PM
Yes it's very very important to control our emotions during trade. But sometimes it controls us and make us greedy or feared. I have my own technique to control those emotions but i sometime fail to control them. I think it's with our natural behavior and cannot be eliminate from the root.
pecel1
2012-06-18, 09:05 PM
to train / control emotions
the proper way to deal with people who are jail
we must be patient if we can not wait to face in the course of our trade can not wait
therefore the decision of course we have to look at market conditions do not hurry, do not take enough advantage greedy
TrojanFX
2012-06-18, 10:24 PM
you can control your emotion if you to trade sncerely.you need good good skill and knowledge and vast skills to make profit.you can also see that forum bonus can safe you from emotion.
emotions will actually be killing us in this trade, so we had to do tends to be how we can find a trade that would be more appropriate to control emotions by the small size walapuan you get a small profit but you are safe in emotion
shamtek
2012-06-18, 11:37 PM
emotions will actually be killing us in this trade, so we had to do tends to be how we can find a trade that would be more appropriate to control emotions by the small size walapuan you get a small profit but you are safe in emotion
solidperson
2012-06-19, 12:47 AM
emotional control is possible if we are following any strict rules and pure money management with less percentage of risk per trade ..when our risking level will be less our emotion can be control ..but yes obviously we need lots of practice and confident in this filed ..experience is the key to become success in Forex as i think
anjani
2012-06-19, 01:20 AM
Controlling emotions is something you should do when trading takes place when a trader wants to get maximum profit. A good trader allays control his emotion. if you want to be a good profit from forex trading you must control your emotion when you trade hear.
shalman
2012-06-19, 01:20 AM
every people must control his/her emotion.in forex trading people must control his/her emotion.either they lost his/her money in short time.thnx
kiran
2012-06-19, 01:28 AM
Yes overnight no one control their emotion they need lots of practice and discipline. Trader can control emotion if trader follow their rules carefully and trading according to that.
sgiant
2012-06-19, 02:01 AM
Emotions play an important role in trade, if not taken care of emotional stability could lead to defeat. trader who have high emotional can not decide where to do the open position to the right.
100 to 1,000
2012-06-19, 11:29 AM
Controlling emotions is something you should do when trading takes place when a trader wants to get maximum profit. A good trader allays control his emotion. if you want to be a good profit from forex trading you must control your emotion when you trade hear.
this is one of the field where people say it is easier said than done because we are dealing with ourselves.
and most people will have a very tough time when dealing with themselves. the only way to control it is to know your limitation and then work from that angle.
discipline and patinet is two combination that will affected our trading result.
this thing is very important if we want get well result in our trading.
but we need motivation by ownself and also more experience so we can discipline and be patient in suits
purohit
2012-06-19, 12:17 PM
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.
venus
2012-06-19, 12:39 PM
Emotions play an important role in trade, if not taken care of emotional stability could lead to defeat. trader who have high emotional can not decide where to do the open position to the right.
If you didn't control your emotion well, it's possible to become greedy and you could lose big dollars instantly. Or it's possible
to take revenge from previous losses and it could double our losses. It's very risky to trade without emotion control. There is no
one who could trade well without emotion control in forex.
controlling emotions is the most important thing trading in Forex business as if you are expecting that your trade will surely have profit and you invested you whole money then it is possible that it go otherwise so dont get excited try to control your emotions
hikaru fx
2012-06-19, 12:39 PM
Controlling emotion is very easy and very tough as well. If you can understand that emotion cause loss and determine to control it anyhow then it is possible to control................thank you.
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.
kiran
2012-06-19, 12:49 PM
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
sgiant
2012-06-19, 01:14 PM
If you didn't control your emotion well, it's possible to become greedy and you could lose big dollars instantly. Or it's possible
to take revenge from previous losses and it could double our losses. It's very risky to trade without emotion control. There is no
one who could trade well without emotion control in forex.
I completely agree with your opinion, but it is difficult to manage especially if the level of emotional defeat. A sense of revenge seems indeed to be removed to reduce the rate of loss is greater.
shamtek
2012-06-19, 08:52 PM
There is nothing wrong in being emotional but as you said there is no role of emotions in forex as it impacts the trades and leads to losses for the traders so one needs to do emotionless trading and control their emotions while trading in the markets .
monkedelofi
2012-06-19, 09:51 PM
Every one talking that in forex we must know control the emotions..
tell us how you control your emotions that come during trading.
:))):yahoo:
(sorry in thread name i put wrong spelling...control is right spelling )
Nice thing, But in my opinion emotions wll get controlled when we do some practice in tarding thats why we see some less emotions play in experienced trader. If we stick to money management rules then emotions will decrease.
sanjay
2012-06-20, 12:18 AM
I think that, if you trade in real forex trading account then you should must contol your emotion in real forex trading, because emotion is the way of loss money in forex trading, so you must control your emotion in forex trading
anjani
2012-06-20, 01:44 AM
Our emotions must be controlled or else it would lead to our demise in Forex trading. So he must try to minimize his risks and trade with proper money management .
speculator
2012-06-20, 01:53 AM
there is no guide book how to control emotion because it can not be taught. One need to find his own way. One can achieve the success by lot of self discipline practice
nterziev
2012-06-20, 01:56 AM
To control your emotions this is a very important rule for all traders.You need to concentrate 100% in your trading,you need to focus .Start as forget all about you need to done at this day,and thing only for the forex,how to win this trade!
antosco
2012-06-20, 02:22 AM
The fact that we are human beings, our emotions must always be active. The best way that we can actually control our emotions, is for us to be able to discipline ourselves so that we won't be greed when we trad and we would develop the habit of patience.
shanti
2012-06-20, 06:53 PM
Emotion in trading it is very harmful for every forex traders,causes of emotion we do loss in forex trading,during the trading traders fall in emotion,thats why we should control emotion.
TrojanFX
2012-06-20, 07:41 PM
Emotion in trading it is very harmful for every forex traders,causes of emotion we do loss in forex trading,during the trading traders fall in emotion,thats why we should control emotion.
If frustrations, emotions & other depression with you at the trading time you would done a very bad trade & lost a huge money. Forex market is not a place of emotions, it's a real & hard working place. So, when you trade keep your mind free & fresh.
Warrior-FX
2012-06-20, 07:57 PM
At the beginning it is actually difficult to control your emotions because you just want to be a millionaire in weeks.
We should have a good patience to become a successful forex trader.
Controlling your emotions means being patient while your trading.
Anuruddha
2012-06-20, 08:12 PM
Using the brain,logical thinking and always following a stipulated guide line will always help to control the emotions of a trader. In addition to that remembering the out comes of not controlling the emotions will always help the trader to avoid such mistakes again.
hikaru fx
2012-06-20, 08:31 PM
controlling emotion in Forex trading required a great skills and mindset, you need to be discipline if you want to become a successful trader your mindset need to be focus when trading
riddick09
2012-06-20, 08:35 PM
To control your emotions this is a very important rule for all traders.You need to concentrate 100% in your trading,you need to focus .Start as forget all about you need to done at this day,and thing only for the forex,how to win this trade!
This is most important for traders and one of the hardest thing to do in forex. We know that its really affecting our trades in our emotions that's why we need to treat them carefully and as much as possible will not get affected by it or else our plans will just ruin.
anwar
2012-06-20, 10:05 PM
I agree, and highly profitable trading system, if the run is not disciplined it will be useless,
so the discipline is very important, and this is related to the psychology of trading :)))
kumar
2012-06-20, 11:46 PM
If you can control your emotions and then you can control your greed as well, in forex trading. Controlling your emotions in the forex business is not impossible for us to do, but it is not easy. This is because emotions are very strong and as human beings, we have to have emotions. If only to become a successful forex trader. But about to learn a lot from forums like this to improve my technique in the forex business because I am new to forex trading.
benys
2012-06-21, 01:27 AM
We can control the feeling of greed and fear by trading more on demo account untill we reach the phase of proffesion , then when trading on real accounts
anjani
2012-06-21, 01:27 AM
Should move away far from the emotions and feelings and bad qualities when working and not working on Forex only, but all business, because these things affect us adversely and make us lose our money
3mala
2012-06-21, 01:51 AM
It is the biggest problem facing any Beginner Forex trader is to control the emotions and control them well and always, and this is difficult in the beginning and I am suffering from this problem as well but I think with time I will do so
mony1
2012-06-21, 05:01 AM
The fear and greed behind as a feeling psychologically devastating for the investor. Fear leads to panic buying or selling rather panic. The investor who succumb to the whims of psychological short-term greed and fear that he finds it difficult, if not impossible, to achieve profits.
shosha
2012-06-21, 05:04 AM
Emotions of the most important causes of loss and failure in trading in the Forex market ... To control the fear of loss you can use a stop loss ... And to control the greed You must set a target for every transaction and access it satisfied when you close the deal.
embrio
2012-06-21, 06:30 AM
Emotions of the most important causes of loss and failure in trading in the Forex market ... To control the fear of loss you can use a stop loss ... And to control the greed You must set a target for every transaction and access it satisfied when you close the deal.
in my opinion, our psychological state before we do the trade must be in good condition if we want to be able to control our emotions and our physical condition should also be in good condition, because when we are tired, hungry or sick, it will be easy for us experience emotions.
sujarman
2012-06-21, 06:47 AM
in my opinion, our psychological state before we do the trade must be in good condition if we want to be able to control our emotions and our physical condition should also be in good condition, because when we are tired, hungry or sick, it will be easy for us experience emotions.
in running forex thing to note is the level of emotion to be prepared because we're going to bargain or make a trade and purchase, we should not quickly carried away, because it will be able to disturb our minds.
ayakcalysta
2012-06-21, 07:42 AM
The fear and greed behind as a feeling psychologically devastating for the investor. Fear leads to panic buying or selling rather panic. The investor who succumb to the whims of psychological short-term greed and fear that he finds it difficult, if not impossible, to achieve profits.
it is true that fear and greed are very influential on the traders, especially to new traders. in this course will also affect the psychology of the traders in selling or buying, so it would be detrimental to the novice trader in determining the decision whether to sell or want to buy.
hikaru fx
2012-06-21, 08:04 AM
controlling the emotions is not easy for all the traders.it is more difficult to control it.and trading with emotions is common for all traders not only for the beginners.more practice and good technical analysis will help them to reduce it
embrio
2012-06-21, 08:14 AM
in running forex thing to note is the level of emotion to be prepared because we're going to bargain or make a trade and purchase, we should not quickly carried away, because it will be able to disturb our minds.
yes you are correct, we should have a calm mind and is not affected by price movements in the market, so we will not experience the emotion in our trade, because we can control our thoughts.
wulandari
2012-06-21, 08:20 AM
Yes its not easy, we need a years of practice to mastering our emotion and trade with dicipline, dont forget to create trading plan and trade with your plan, its really main defense from margin call ..
controlling the emotions is not easy for all the traders.it is more difficult to control it.and trading with emotions is common for all traders not only for the beginners.more practice and good technical analysis will help them to reduce it
mhchomsi
2012-06-21, 09:08 AM
with controlling of our emotions can trade with calm control emotions can be trained in trading on a demo account. the more often we do trade in demo account then the more we have to actively train your emotions. because with an ugly emotion can influence the end result in a trade that we make.
julianambas
2012-06-21, 09:10 AM
fear and greed is a disease that can give us the opportunity to suffer loss in this trade so that we have a chance to succeed then you should be able to control yourself in your trading of greed and fear
emotion is the anygrah of God. We are obligated to take care of her. but in trading in the forex market is precisely an ugly emotion will greatly affect the end result of the trading is done. an example is greed. greed is greed. ambition is ambition. both are very different.
shanti
2012-06-21, 03:04 PM
I think it can become profitable business if we learn a lot of knowledge before start it. If we have some experience then we can get profits from Forex trading
boniez
2012-06-21, 07:16 PM
we need forum posting bonus to trade in forex.we can earn profit if we trade with bonus and if lose it we do not need to emotional as we can post again and earn.We need also good skill in trading to avoid emotion in trade.:yahoo:
You claim what you did not connect, I mean either using a bonus post your own or use the deposit money you should be able to cope with the emotions so you can remain in the forex market which I think is not easy to live
Its vexed to all traders in starting to interact then emotions but when u get participate u can hold emotions .with emotional trading no one can win in this market so trade emotional fewer
Juleenayer
2012-06-21, 10:24 PM
Emotions can remove easily when you will eat a great loss. I think man learn when he gets a good lesson from here.
Every trader remind that emotions is a great disease.
v jay
2012-06-22, 07:38 PM
emotions can ruin your trading trust e .w hen you are trading just be lenient with yourself and reseal that perfect trading takes time and small profits do add up and they will make you rich overtime not overtime
asanka
2012-06-22, 07:49 PM
you are talking about how to control our emotions .before control our emotions we must feel what are these emotions .when we trading on demo account there is no emotions we feel because we don't loss our money at all .we should trade in real account to feel what are the emotions.my opinion is first you should open a live account with a little capital and trade , if you loss you will feel what are the emotions we are talking here
kumar
2012-06-22, 10:36 PM
to control the emotions in the trading the main thing you will require is the factor of experience the more you have experience in this field the more you will be able to control the emotions in your trading
you are absolutely right! greed is always bad character of human being! no can prosper in life who is greedy!
tanvir1979
2012-06-22, 10:57 PM
I am a newbie in Forex trade i believe that to control emotions every body should follow the seniors comments. try to follow seniors suggestion, tips and also avoid the mentality to earn a huge amount of money within short time period. A trader should be satisfied on whatever he earned today and if faces loss try to find out the mistakes and solve this mistakes. I think these practices can control emotions.
khanforex
2012-06-22, 11:44 PM
Every one talking that in forex we must know control the emotions..
tell us how you control your emotions that come during trading.
:))):yahoo:
(sorry in thread name i put wrong spelling...control is right spelling )
Its true as a newbie its very hard to control emotion but we know how important to control it because only this emotion can washout one account and trully saying before when i am newbie then i also victim of this emotion . so we need patience and keep our mind cool although there is some loss and for become successful trader we have to overcome this although it not easy .
benys
2012-06-23, 01:16 AM
Trading is about analyzing the self-discipline, self control, and sticking to our trading system.
This may seem difficult at first, but once we begin to practice these things for several months. for the future, God willing, we can conquer our emotions well ..
Start by studying and trading with the right system today ...
Ramnit
2012-06-23, 03:51 AM
It is the biggest difficulty facing almost any Newbie Forex trader is always to control emotions thoughts as well as manage these individuals nicely as well as always, which is usually difficult initially as well as My business is suffering from this matter likewise although I believe with time I will do this.
Controlling emotions is one of basic things we have to learn while entering in forex trade business. Emotions can ruin everything. If you can't control emotions you better use automated robots for trading as emotions affects the result in trading and bots don't have emotions.
incredibleindia
2012-06-23, 08:21 AM
Emotion control is a very important step toward successful tarding. Many tarders tend to under-regard emotion control and that often leads them o unnecessary losses and margin calls in their Forex career.
shanti
2012-06-23, 08:52 AM
It is true to controls ones emotion in trading, but the main question is how? Forex trading requires a lots of discipline and self reliances, investing little money is the first step
zizhost
2012-06-23, 08:56 AM
we have to submit within forum to obtain benefit which enable it to use them within deal. all of the dealers becoming emotional while they use their particular money within deal. in addition to apart from they've got suprisingly low know-how in addition to talent regarding deal. Should they use forum benefit within deal they are able to steer clear of experience through deal.
v jay
2012-06-23, 10:08 AM
Fast tips to control our emotion is actually if perhaps we constantly put stop loss not to mention consume earnings with regard to our very own trade. It can make you not being greed and definitely not rush throughout our trade.
sanjay
2012-06-23, 12:12 PM
if any trader will sit in front of the computer for several hours , aqnd having open positions then the emotions instead of going doing i think will increase more , so i think quite better will be that if we gives the take profit and stop losses and monitor the trades after little little breaks
super580
2012-06-24, 03:14 AM
Overtrading is a worst thing most of the traders do when their trade become very negative and once again they places the trade with same direction of the first trade that will hamper the account balance very fast.
amirepst
2012-06-24, 06:20 AM
ther is no one without emotions ,But there are traders who can control these emotions and use their brain after their heart ,In forex I can't stay on the screen of my computer during the position ,Because every unexpected mouvement can change my mind and loss my trade .
shanti
2012-06-24, 09:02 AM
we do have to keep emotions under control, because controlling emotions in trading is very important, because the emotions are controlled is one way to bring success
zizhost
2012-06-24, 11:24 AM
Feelings handle can be a very important step when it comes to successful investing. Many traders usually under-regard feeling handle and that frequently prospects all of them i pointless losses in addition to perimeter margin call of their Currency trading job.
Ramnit
2012-06-24, 02:37 PM
it is not easy to control the emotions of yourself, because you have to think about many things and not just one pair ..
so it makes your emotions while trading and saturated ..
We are humans and we cannot lack emotions but we need to control our emotions bad bad impact that may have on our trading. And the possibility of revenge trading in situations like this.
yogesh
2012-06-24, 02:41 PM
If you have will there is certainly a way - emotions are'nt good for trading success and so we need to take steps to put limit on our emotions so they no more affect our trades. Weineed not eally get rid of emotions but just eliminate emotional trading.
kissshore
2012-06-24, 03:32 PM
Controlling the emotions are not the easy way because we know that if we will adopt the good money management then we can adopt the good way of tradings and we can use the good tradings with less emotions..!
venus
2012-06-24, 06:22 PM
Emotion control is important part in forex because if we are too hurry so it could make us too hurry
in making decision and then you could lose in certain condition which you could avoid to suffer losses. I think it's
important to create good trading plan to limit profit and loss in each transaction, also it could control emotion too.
fandi
2012-06-24, 06:41 PM
Its difficult to all traders in starting to control then emotions but when u get experience u can control emotions .with emotional trading no one can win in this market so trade emotional less
we can learn about trading emotion with practice every day ...when
we trading try to control our self slowly....
v jay
2012-06-25, 03:03 PM
It is natural in us so we are not able to eliminate it from our system. All we can do is to try and control them.
practice to hold emotions in a way to take advantage even if a little
miketega3
2012-06-25, 05:40 PM
for me the best way to control emotion is to have confidence on your trading strategy that is the only way you can trade with less emotion , so you need to demo trade to find a very good strategy
100 to 1,000
2012-06-25, 08:40 PM
for me the best way to control emotion is to have confidence on your trading strategy that is the only way you can trade with less emotion , so you need to demo trade to find a very good strategy
yeah. i agree with you. confidence is one of the ways we can really control our emotion.
it helps us in making strong decision without doubting our analysis and stay firm until we make profit.
sammy
2012-06-25, 09:19 PM
it is very important to control emotions while trading in forex. dont get attached with money or make emotional attachments. if you are willing to win then take it heartlessly. and do not start any trade without any plan. it will cost you mate.
benys
2012-06-25, 10:15 PM
In order to determine the right strategy then you should also be able to control your emotions, because it will not run properly if you trade in a mood or emotion that is not good. This will make your trade loss..!
anjani
2012-06-25, 10:16 PM
emotion is another thing which make a trader looser.So if you not control your emotion then it will make you gainer otherwise you will looser.
thank you
njoroge5
2012-06-25, 11:53 PM
be very careful when you are trading and as you trade make surethat you understand your trades and dont trade out of pure assumption and make sure that your trades have the best in trading and be sure that you know when to strt and when to stop, dont be that afraid to take a trade, you will lose is you are afraid.
super580
2012-06-25, 11:57 PM
It is okay to lose in forex at early stage of learning. We have to remind ourselves that we are not robot and through mistakes and loses we can gain proper knowledge on how to improve our trading skill and strategy. Just don't get too addicted with your loses because that would be bad.lol
place
2012-06-26, 12:15 AM
those traders are losing who have no idea about how to trade in forex without emotions and how to control it.but it is so hard to control at trading time.because i am feeling so tension and depression after open positions.
hikaru fx
2012-06-26, 10:25 AM
To be successful trader, one should control his emotion first.If a man trades emotionally, he will not be able to make profit and one day he will loss his whole capital and make his account zero
kalponick
2012-06-26, 12:57 PM
You should trade with your mind not with your heart.. It will be good if you just trade like a machine.. This market runs by math.. So you should also follow only mathematics.. nothing else.. because whenever you mix your emotions into this business you will encounter with bad trades only..
venus
2012-06-26, 02:28 PM
It's not easy to control emotion in trading because condition in the market was not same so sometimes our feeling could
be right but sometimes our feeling could be wrong. Because of that, it's better to trade based on trading plan not based on
emotion/psychology.
Lyubov
2012-06-26, 03:11 PM
I think self control is the hardest thing than others. We have a profitable system, but without self control then the a profitable system that is not too much. Self-control actually comes from the ability to control emotion and gratitude for the profit which has been obtained of any size.
sayem
2012-06-26, 03:16 PM
Emotion is very bad for our trade. this is unwanted thing and very hard to leave. you must practice for remove it in low volume and risk free trade. after a long period it can goes easily.
sahed_a
2012-06-26, 03:16 PM
How emotions contorl
Everyone speaks in the foreign exchange market should learn to control emotions ..
Tell us how you can control the emotions that arise during the day.
(Sorry, in the name of the topic and I developed a spelling mistake ... is the right spelling control)
100 to 1,000
2012-06-26, 07:54 PM
Emotion is very bad for our trade. this is unwanted thing and very hard to leave. you must practice for remove it in low volume and risk free trade. after a long period it can goes easily.
it is bad especially if we can't control it. because it can ruin our trading decision and trading strategy.
if we don't want to lose money we must learn how to control it and hopefully our profit will increase.
Ramnit
2012-06-26, 08:12 PM
Emotion is very bad for our trade. this is unwanted thing and very hard to leave. you must practice for remove it in low volume and risk free trade. after a long period it can goes easily.
i am not a new trader .so i know well that forex is a risky trading and emotion is no 1 causes for forex risk .so i want to every trader please trade without emotion if you want to make huge money
Rizwan
2012-06-26, 08:14 PM
I have written all my trading rules in 1 paper and keep that infront of my computer and always i tried to follow them and automatically my emotional getting control. Example - I have set rules that dont used more then 10% of your account balance in 1 position in any situation, so whenever i see good signal then also i dont used because anything can happened in forex and like this i able to control my emotions, some times it failed too...
When you will begin, the most important thing is control over emotions. When you begin, you will have many problems coming on your way. But alf confidence, patience, faith in yourself are the things that will help you to hold on for a long time in the trade.
At first you should use the Forex to know more and more and finally know the trade from the basics, then you should not be greedy and trade, that can make you loss your investment for sure. The point is they you should depend upon your mind rather than your emotions.
ForexMarket
2012-06-26, 08:29 PM
Controlling emotion is very very important in trading forex market, so we should learn how to control emotion before we trade on real acount. For me i usually set take profit ans stop loss to control my emotion.
you actually know about how to control your own personal emotions. but in my opinion not being greedy with the already large enough to control our emotions. so think positive and do not be greedy. . Thank you. . regards
yeah it is true, greed is bad in part from the emotional to the trader but it's not just fear and to trade with the aggressive form of emotion is also poor in the forex and I think we need to control you can control it all with patience and discipline .... .
pinki je
2012-06-26, 09:57 PM
insaan ki fitrat hai ke wo is se nahi bach sakta yani emotions se haan hum apny experience aor knowledge se is ko thora kam kar sakty hain par rok nahi sakty biklul khatam nahi kar sakty ye be humari life ka aik hisa hoty hian
shalman
2012-06-26, 10:46 PM
nope, i think by control emotions thoughts as well as manage these individuals nicely as well as always, which is usually difficult initially as well as My business is suffering from this matter likewise although I believe with time I will do this.
tw2012
2012-06-26, 10:56 PM
Yes if you want to success in forex trading then you must learn how to control your emotions. For example, if you lose your money in forex trading, then you must try to accept it and never give up . If not, you are unable to success in forex trading.
taufiqbd
2012-06-27, 12:28 AM
More learning, more practice, more seriously trading increase accurate trading and make maximum time profit by trading. As a result it increasing a trader confidence and confidence control emotion.
anjani
2012-06-27, 01:21 AM
yes you are right and that cause i totally agree with you that when we are in trade then we need to control emotion for doing trade because if we cant control emotion on trade then most of possibility to do mistake on trade and if we do more mistake on trade then lots more possibility to give loss our money on trade .
hikaru fx
2012-06-27, 08:19 AM
And also do not forget something very important is because of greed within the psychological status of the basics of forex trader and I think it is a major cause of large losses in trading Forex must end and that the bad habit of forex dealer and must differentiate between them and the patience
fxsilo
2012-06-27, 08:35 AM
Yes if you want to success in forex trading then you must learn how to control your emotions. For example, if you lose your money in forex trading, then you must try to accept it and never give up . If not, you are unable to success in forex trading.
true friend, i think many trader will get stress after their have loss. as a good trader we must have a good soul, we must accept the loss and be the loss as a good lesson so we not to repeat our mistakes in the past, also loss can be a good experience so we have a good experince to repair an trouble and problem in the past.
yulianto470
2012-06-27, 09:21 AM
All people know that they should control their temper in order to communicate more effectively with others yet most of them lose control of their emotions and mess things up.:(
emotion is a human nature in all men must have an emotion named emotional nature is a trait that is not good ...
for our lives or the well of emotion is a business and aims harsyat instantaneous blast revenge
in my opinion if we trade on demo account not affect the emotions or zero emotions and how to control emotions if traded only virtual money , that i am thinking to control the emotion must have a trading plan and so trading trading plan must comply with the rules of forex law.
mary7
2012-06-27, 12:55 PM
the best way to control my emotions is to hundle them just the way they are when I undle the that way, I usually make some good trades, I mange my money well risk only 10% of my margin so that if anything happens I will be on the best side of trading. but you have to take it easy and know taht you are doing what you are doing as a very good and bright friend.
kumar
2012-06-27, 06:39 PM
greedy is one kind of emotion of human.when a man be gainer randomly he be greedy automatic .when you trade in forex try to avoid this .
otherwise it can be harmful for your trade.
Ramnit
2012-06-27, 09:21 PM
when you open a position, you always can not control greed and fear it really is bad and you always have loss instead of profit I recommend a good way to control emotions is to use SL and TPO each dealing with forex
Emotion is very harmful in our Forex trade. most of time we are become emotional on our trading time. but it is never be a good result. emotions is work most of newbies mind. you can control your emotions by hard practice.
pkdoo7
2012-06-27, 09:35 PM
emotions ko control karne ke liye hamain rules per adig rahna chahiye aur galat decision nahi lena chahiye
iske alawa dosra koi upay nahin hai ye hum MC ke baad achhi tarah seekh jate hain .
---------- Post added at 09:35 PM ---------- Previous post was at 09:29 PM ----------
emotions ko control karne ke liye hamain rules per adig rahna chahiye aur galat decision nahi lena chahiye
iske alawa dosra koi upay nahin hai ye hum MC ke baad achhi tarah seekh jate hain .
emotional trading is the reasonwhy so many traders loss money in the market.for controling emotion a trader must totally stop trading for a period of time and take a step back to think logically about he is doing.
adeusi
2012-06-27, 10:54 PM
be sure that you are not under tension before going to trade so that you won't lose your money, make sure you have a cool mind and a desire mind for trading.
sanjay
2012-06-27, 11:04 PM
There are no any person in the world who has not emotion. But we should control our emotion in a proper time. No work can be done in emotionally So we control emotion in a trading business
ahsankhan
2012-06-27, 11:28 PM
Every one talking that in forex we must know control the emotions..
tell us how you control your emotions that come during trading.
:))):yahoo:
(sorry in thread name i put wrong spelling...control is right spelling )
yah tu app par depend hai kay app apna emotions ko kaisa control karta hain aur app is par kaisa kabo pata hain agar app na is ko control karah liya tu app aik achi trading karah sakta hain.
place
2012-06-28, 12:10 AM
emotion is our friend but enemy at trading time.but we traders can trade without emotion for sure.need hard work and need to try our best but not so easy.that is why need to follow the proper risk management of balance.
shalman
2012-06-28, 01:34 AM
emotion is not good for trade. we should control it. because if we will not control to emotion. then we can't make from forex,
i m taking big loss from emotion and greedy.
abcforex
2012-06-28, 02:08 AM
Yes, i agree knowledge and experience can control our emotions but if you are good experienced and have a good knowledge about forex trading , when your buying or selling some you are unable to control your emotions because you are in hurry , please to increase the market trend which i have buy or selling.
napkin
2012-06-28, 04:04 AM
i think thats lawful as a newbie its very unkind to hold emotion but we eff how influential to discipline it because exclusive this emotion can wash one account and trully expression before when i am newbie then i also dupe of this emotion . so we pauperization forbearance and enter our obey coolheaded though there is several loss and for prettify fortunate trader we bonk to overcome that
lights
2012-06-28, 07:01 AM
i control my emosion by use small lot,, then we will not fear if sometimes goes wrong with our order, beside that, i will set my pending order, set the TP and SL then leave it, i will check the instatrader in 3-4 hours
ayusri
2012-06-28, 08:44 AM
emotion is our friend but enemy at trading time.but we traders can trade without emotion for sure.need hard work and need to try our best but not so easy.that is why need to follow the proper risk management of balance.
practice in which many do not stop trading day of the trading day prior to the skills used, do not make trades with no plan and guess guess, very berbhaya if the trading is done by guess guess who hurt us, if we are trading with losses guess guess then we sudh trading there and done it would be without direction and without a goal all the way trading is certainly a dangerous and very quickly, for trading with a plan we can make a mature until we can control your emotions, do not forget the amount of leverage is also very mempengruhi emotions which, if a little leverage the opportunity to open many positions can also be limited by these emotions to keep open a position is also limited by leverge, then one of emotional control is the leverage to be trading down well.
shamtek
2012-06-28, 11:11 AM
I think emotions are very powerful and the least you should be sure of everything good, especially the emotions that will give a nice effect as well but does not mean it will give you profit.
shanti
2012-06-28, 01:53 PM
I think it is very important to control the emotion during the trading because when trader is earning he very excited but when he is losing then so much worry. Both situation is tough to control. But who control on this situation is a winner.Thanks ..
spawn23
2012-06-28, 02:24 PM
One shud not be greedy while trading and have to control temper while trades
Having loss and profits can conflict our emotions alot. Best way to handle emotion by practicing demo account
Only.
eraesh
2012-06-28, 05:47 PM
I know a way. Do not overjoyed when you are in profit. And don't be greedy. And when you are loss do not loose your sense..
i7ssan
2012-06-28, 06:41 PM
Every one talking that in forex we must know control the emotions..
tell us how you control your emotions that come during trading.
:))):yahoo:
(sorry in thread name i put wrong spelling...control is right spelling )
Its difficult to all traders in starting to control then emotions but when u get experience u can control emotions .with emotional trading no one can win in this market so trade emotional less
for me, worst time for trade is friday, because this day price become hard to predict, maybe because many trade, take their money from market,, especially friday at the end of month,, it really bad day for trade
shalman
2012-06-28, 09:53 PM
wooow very long thread brother i'm confuse to read your thread but in my mind transaction experience is the best choice to get profit...sorry if my post is ba
zahed11
2012-06-28, 10:14 PM
The best way to control emotions is to act when we feel good trading near the day after making your daily goals. Relax and enjoy. Cease to operate if they are lost continuously during the day and enjoy a good movie to change your mood and return to shopping
sgiant
2012-06-29, 01:35 AM
regards to control ourselves trading our best to take a moment to create a trading plan in which we will do before entering the market and we should observe the first few minutes for about providing our analysis will occur in the future candle
Very true friend, before deciding to trade you should learn and analyze market movements using a commonly used indicator. Do not rush to take a position, could result in losses.
kibara
2012-06-29, 01:47 AM
Every one talking that in forex we must know control the emotions..
tell us how you control your emotions that come during trading.
:))):yahoo:
(sorry in thread name i put wrong spelling...control is right spelling )
controlling emotions are not that much easy because we all know that how much hard it is to control your emotions in this field so i just say that its also necessary to control your emotions in this market otherwise you can't make some good profit.
fxquest
2012-06-29, 02:39 AM
Neither controlling emotions is easy or i think we need to bother much about controlling emotions, if something wrong will happen due to emotions it naturally will click in our mind and we shall be more careful next time to avoid that happen again.
hikaru fx
2012-06-29, 10:15 AM
emotion is the most disadvantage in the trading business.if you not control it you will be loser.so be careful in the trading business.
thank you
julianambas
2012-06-29, 10:21 AM
emotion is the most disadvantage in the trading business.if you not control it you will be loser.so be careful in the trading business.
thank you
as you say that ugly emotion is a fatal flaw yangsangat. If it is not in the control it will give birth to defeat or loss in business. Therefore it is supposed to do if using a stop loss and take profit for forex trading.
kumar
2012-06-29, 04:32 PM
Controlling Emotions is very important in real market Trading. Many people easily make profit in their demo account because in demo account their emotions does not work at all! But in real market people become tensed to loss their real money! And due to this sometimes they lose their money
cfxsignals
2012-06-29, 04:40 PM
I think you also need to enter the market with clear emotions - ie, not stressed, not angry, not in gambling mood. If you enter in stressed mood, the market is only going to make you even more stressed.
fxsilo
2012-06-29, 05:35 PM
Controlling Emotions is very important in real market Trading. Many people easily make profit in their demo account because in demo account their emotions does not work at all! But in real market people become tensed to loss their real money! And due to this sometimes they lose their money
sometimes like it. we certainly know that in demo account we dont use own money and it just virtual money so we emotions are not influenced in demo.
different in real account, we'll feel a emotions, the emotion will become strong when we get loss in our trade.
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