View Full Version : How contorl to emotions in Trading??
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 )
Anytime
2011-06-06, 10:09 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...
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...
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.
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...
good..
i also try some time that i never cross my rules but this not happen.
i cross many time my rules. so i do only one thing whenever i am in emotion i close my trading terminal...
good..
i also try some time that i never cross my rules but this not happen.
i cross many time my rules. so i do only one thing whenever i am in emotion i close my trading terminal...
Thats better thing some times when i loss i do same, if we are watching market then mind says to open some more trades to recover loss but its not at all a good idea.
anubhavsingh
2011-06-08, 09:16 AM
Its very difficult to control your emotions while trading..
According to me, experience plays a vital role in controlling your emotions..
With experience, you will see lots of ups and downs in this market which will definitely teach you to control your emotions while trading
saurabh
2011-06-08, 10:34 AM
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
Nikhil
2011-06-10, 09:43 PM
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 .
soumen
2011-06-18, 11:23 PM
emotion ko control karna asan nehi he. ye asani si control hi nehi hota. to isliye aapko aapne aap ko prepare karna parta he.jab aap loss ya profit kar rehe ho to aap apne aapko ek cool man soche aur aapne aap hi dekhe ki kya hota he. main khud bhi iska victim hoon aur abhi bhi pura trah se emotion ko control nehi kar paya hoon. baas try karte jao success milega. wo makri aur raja ki kahani socho aapko josh milega.
andry777
2011-06-20, 06:25 PM
To control our emotion so we must have good knowledges and good experiences because good knowledges and good
experiences will bring us to confident. When we are confident, then our emotion is stable and it will be easier to control
our emotion when we are confident.
andry777
2011-06-20, 06:27 PM
To control our emotion so we must have good knowledges and good experiences because good knowledges and good
experiences will bring us to confident. When we are confident, then our emotion is stable and it will be easier to control
our emotion when we are confident.
rajuonline
2011-06-21, 11:22 PM
yes emotion ko control karna aasan nehi he. par trading me experience hone ke sath sath hi emotion controll karna insan sikh jate he. aur jo tab bhi na sikhe wmotion ko control karna. wo kabhi nehi sikh payega.
yes emotion ko control karna aasan nehi he. par trading me experience hone ke sath sath hi emotion controll karna insan sikh jate he. aur jo tab bhi na sikhe wmotion ko control karna. wo kabhi nehi sikh payega.
yes i agree with you...after some trading experience we are able to controll emotions...eske alaawa ek trika or hai...agar hamara margin capital jyda rahegaa to emotions hmesha controll me rahegaaa...
randeep
2011-06-22, 08:23 AM
bhai emotion ko control krna assan batt nahi ha.....jab lok trading krtia h to voh emotion contol b sikh litia ha.....@s19 u r right......gar hamara margin capital jyda rahegaa to emotions hmesha controll me rahegaaa...
anubhavsingh
2011-06-22, 08:41 AM
mere hisab se proper money management aur experience hi do tarike hai jisse aap apne emotions aur greed ko control kar sakte ho...
money management ka matlab hai ki jab aap koi bhi deal kholo to aapko uske stop loss aur take profit ko set karna bahut zaruri hai taki aapka p[rofit aur loss dono limited value tak simit reh jaye
mere hisab se proper money management aur experience hi do tarike hai jisse aap apne emotions aur greed ko control kar sakte ho...
money management ka matlab hai ki jab aap koi bhi deal kholo to aapko uske stop loss aur take profit ko set karna bahut zaruri hai taki aapka p[rofit aur loss dono limited value tak simit reh jaye
sahi hai trade open karte wakt sl or tp ka use krna chahiye or saat hi money management ko bi dekhna chahiye...but agar hamara margin kam hoga to b sl or tp tools waste hai..sl bi limited pips hoge.....
or dar lagaa rahegaa kahi mera sl to hit na ho gaya ho...
esliye jb b ham forex trading start kre hamaraa investment enough hona chahiye..ye hamare emotions ko kaafi had tak controll krta hai...
soumen
2011-06-22, 10:47 AM
yes emotion ko control karna aasan nehi he. par trading me experience hone ke sath sath hi emotion controll karna insan sikh jate he. aur jo tab bhi na sikhe wmotion ko control karna. wo kabhi nehi sikh payega.
yes mera real brother. experience ke sath sath emotion ko control karna sikha jate he log. isko control karna sikh liya toh aap 50% advance trader ban jaoge.
mayengbam
2011-06-23, 07:48 AM
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...
i do axactly as you do to control my emotions i hang a chart in my room writing down what i should do and i glance to it frequently in fact the picture is always in my mind to control my emotions
denira
2011-06-27, 05:37 PM
i do axactly as you do to control my emotions i hang a chart in my room writing down what i should do and i glance to it frequently in fact the picture is always in my mind to control my emotions
by making a written rules and stay ahead monitir our computers, we will be able at any time can be seen to always be disciplined in trading conditions that we do
by making a written rules and stay ahead monitir our computers, we will be able at any time can be seen to always be disciplined in trading conditions that we do
bhai rules ko follow krna hi to sab se hard hai...mene kai baar try kiya hai lekin emotion me aakar saare rules tod detaa hu..kai baar fayda hota hai or kai baar niksaan b hota hai..but ab mene kafi had tk apne emotions ko contral kr liye hai..
zoomfire
2011-06-27, 07:45 PM
emotions are common in humans.We cant eliminate it completely.
So its better to avoid it.if we find loss also we should try our best.
After loss also we should not try to open a trade immediately.Decisions taken in anger will lead to haste.
pivot-trader
2011-06-27, 08:17 PM
emotions are common in humans.We cant eliminate it completely.
So its better to avoid it.if we find loss also we should try our best.
After loss also we should not try to open a trade immediately.Decisions taken in anger will lead to haste.
:lol. i agree with you. in my opinion after we got loss better if we refresh ours brain. like playing football or swiming. :)
siberian
2011-06-28, 09:27 PM
emotions are common in humans.We cant eliminate it completely.
So its better to avoid it.if we find loss also we should try our best.
After loss also we should not try to open a trade immediately.Decisions taken in anger will lead to haste.
Yes, no one could trade without emotions, traders could only control their emotion and usually they will use TP, SL and some other
limitation. It's good to limit transaction because if there is no limitation, traders won't stop and it's dangerous if traders didn't want
to stop when it is time to stop trading.
pivot-trader
2011-06-28, 09:55 PM
Yes, no one could trade without emotions, traders could only control their emotion and usually they will use TP, SL and some other
limitation. It's good to limit transaction because if there is no limitation, traders won't stop and it's dangerous if traders didn't want
to stop when it is time to stop trading.
yeah is right. another it stop loss also usefull if we can not still sit it the front of computer. with stop loss we can minimalizing loss.
mayengbam
2011-06-29, 01:45 PM
Best way of controlling emotions is to trade when we feel good only, close trading for the day after making your daily target. Relax and enjoy. Stop trading if continously loses for the day and enjoy some nice movie to change your mood and come back again to trade. LOL
anubhavsingh
2011-06-30, 10:03 AM
ye aapne 1 bahut hi acha tarika bataya ...
emotions ko control karne ke liye ache time aur ache signal jka wait karna chahaiey aur fir ussi waqt trade karna chaaye..
lekin aisa karne ke liye aapko apni greed par bhi kaabu pana hoga
denira
2011-07-01, 02:44 PM
Best way of controlling emotions is to trade when we feel good only, close trading for the day after making your daily target. Relax and enjoy. Stop trading if continously loses for the day and enjoy some nice movie to change your mood and come back again to trade. LOL
when I get profit without a movie I think we already have a comfortable emotional state and if for me to make our emotions in a safe condition we have to keep profit
arjun
2011-07-03, 08:37 PM
yeah is right. another it stop loss also usefull if we can not still sit it the front of computer. with stop loss we can minimalizing loss.
yes you are right. stop loss is provided so that we can regulate how much risk will we stake. It will help us make a good MM.
denira
2011-07-05, 10:04 AM
yes you are right. stop loss is provided so that we can regulate how much risk will we stake. It will help us make a good MM.
use SL to reduce the disadvantages and I do not think it helps you to manage MM because you have to set the MM you should use the size of the lot size
arjun
2011-07-10, 10:28 PM
use SL to reduce the disadvantages and I do not think it helps you to manage MM because you have to set the MM you should use the size of the lot size
really? I think the calculation of the placement of SL is one of the keys of the MM. because by always placing the SL, you can calculate the loss you suffered during the open position. then if it was you specify, then you play at the level of margin that you will specify.
if the SL is small, then you can use a large margin. vice versa.
anubhavsingh
2011-07-13, 12:01 AM
Ye ek bahut achi strategy hai trading ki..
agar aapka mind disturbed hai to apko trading anhi karni chahjaiye kyunki galti me kholi hui 1 deal aapko bahut zada lsos de sakti hai aur yaha tak ki aapke kayi dino ke profit ko khtam kar sakti hai..
To aapko trading tabhi karni chajaiye jab aapka mind ek dum free ho
medhat4forex
2011-07-13, 07:24 PM
Certainly should be in control of our emotions in Forex
We must know that Forex is not based on emotions, but depends on the analysis, opinions and experience, learning and trading
And a commitment to the management of capital
arjun
2011-07-13, 09:43 PM
Certainly should be in control of our emotions in Forex
We must know that Forex is not based on emotions, but depends on the analysis, opinions and experience, learning and trading
And a commitment to the management of capital
I think if we could already have the discipline and clear rules.
for example in the placement of SL and TP at the open position, the emotional factor may be reduced.
but if you still do cut loss, I believe that emotional factors still play an important role.
anubhavsingh
2011-07-14, 10:05 AM
I fully agree with your views friend..
controlling emotions is very easy to say but difficult to follow..
But i think as you gain experience in forex market, you will automatically realize that there is no use of emotions and greed in this market as it will directly harm your trading
arjun
2011-07-16, 08:47 PM
I fully agree with your views friend..
controlling emotions is very easy to say but difficult to follow..
But i think as you gain experience in forex market, you will automatically realize that there is no use of emotions and greed in this market as it will directly harm your trading
do you think what makes it hard?
I think not too difficult, provided you are committed, can promise yourself, that's all.
only ourselves that make it hard, so you need to set yourself as possible.
blackprince4u
2011-07-16, 11:15 PM
do you think what makes it hard?
I think not too difficult, provided you are committed, can promise yourself, that's all.
only ourselves that make it hard, so you need to set yourself as possible.
When you have a thing in mind just do it. You will fail once, twice, three times, four times but eventually you'll master it and succeed. Same is the case with forex trading just keep learning and practicing.You'll become a successful trader one day.
anubhavsingh
2011-07-17, 11:03 AM
Forex me aap ajsie jasie trade karte jaoge waise waise eexperiance badta jayega..
agar aapko profit hota hai to aapek liye bahut achi baat hai lekin agar aapko loss hota hai to us loss e bhi kuch seekh ke aage badna chahiaye aur aage se un galtiyo ko repeat na karte hue trade karna chahiaye
soumen
2011-07-18, 12:59 AM
Ye ek bahut achi strategy hai trading ki..
agar aapka mind disturbed hai to apko trading anhi karni chahjaiye kyunki galti me kholi hui 1 deal aapko bahut zada lsos de sakti hai aur yaha tak ki aapke kayi dino ke profit ko khtam kar sakti hai..
To aapko trading tabhi karni chajaiye jab aapka mind ek dum free ho
aur isliye agar aap daily ek routine ke mafik chale to sayad aapke ye boring na lage aur mind bhi sharp rehga. sara din pc ke samne se bethnese accha se trade hum nehi kar pate aur loss ho jate he. aur loss ke emotion se aur loss. to ye dugna loss ko stop karne ke liye mind sharp aur accha dono rehna chahiye.
arjun
2011-07-18, 03:27 PM
When you have a thing in mind just do it. You will fail once, twice, three times, four times but eventually you'll master it and succeed. Same is the case with forex trading just keep learning and practicing.You'll become a successful trader one day.
I was confident with myself, if I would be successful.
I will pass all the failures that I do, I already said that this business requires a commitment to move forward.
committed to never be afraid to fail.
people are afraid of failure will never be successful.
mayengbam
2011-07-19, 04:14 PM
I was confident with myself, if I would be successful.
I will pass all the failures that I do, I already said that this business requires a commitment to move forward.
committed to never be afraid to fail.
people are afraid of failure will never be successful.
yes buddy our commitment is the important think required to succeed here. We should always remain positive in spite of many failures and never give up. failures are our steeping stones to success. work relentlessly and hard, these are the ingredients needed to achieve what we want
anubhavsingh
2011-07-21, 12:36 PM
really? I think the calculation of the placement of SL is one of the keys of the MM. because by always placing the SL, you can calculate the loss you suffered during the open position. then if it was you specify, then you play at the level of margin that you will specify.
if the SL is small, then you can use a large margin. vice versa.
Brother calculating stop loss is very important in forex trading..
You can not place SL by your own choice..It require lots of studies..You shiuld learn how to set SL and Tp for your deals
pinpin
2011-07-23, 11:12 AM
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 usually will make trade rules
and put it beside the computer so that we'll always remember the rules
and make a good mm
A good way I think the arena when the emotion we want to make this mistake without realizing we are not then we quickly see the notes the rule in our monitir
makjon
2011-07-25, 07:07 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 )
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, ...
pinpin
2011-07-25, 09:09 PM
A good way I think the arena when the emotion we want to make this mistake without realizing we are not then we quickly see the notes the rule in our monitir
yes, so we unconsciously look at the rules
and remind us of our own rules in trade
and it can make us become disciplined
loserbynature
2011-07-31, 04:10 PM
Controlling emotions is really a difficult job but to become a successful trader we have to learn how to control them. I think emotions can be controlled by implementing discipline in our trading.
ganguly
2011-07-31, 04:19 PM
Its very difficult to control your emotions while trading..
According to me, experience plays a vital role in controlling your emotions..
With experience, you will see lots of ups and downs in this market which will definitely teach you to control your emotions while trading
anubhavsingh
2011-08-01, 04:54 PM
Yes emotions are the feelings of a human being and it can be controlled by self discipline and determination. I think a trader can not trade well if he is not in a better positions to control his emotions.
you are right broither
human beigns are full of emotions which can not be controlled completely
but we can control them upto a certain extent so that they do not harm us badly..Thisis what we should try
vicky
2011-08-02, 01:05 PM
mere emoticons to main control karta hi hu.
Per i think her koi apne emoticons ko control ni kr sakta as k agar usne loss kiya to v and profit kiya ho to v.
Dono situation main control karna muskil hai.
Muskil tu hai no doubt but if we not able to control it then its also not possible to success in forex and when you have lots of experience then its not will be so hard as which newbie have . anyway i agree its very tough to control but we need to control it to our brighter future.
SG Trader
2011-08-05, 04:14 PM
i have a experience when trading with excessive emotions, i loss my money only 2 days in real accounts.
i aware i have bad psychological, i think emotions and psychology is relationship. so we must try our psychological so that we trade without excessive emotions and greedy
diesel1984
2011-08-09, 01:51 AM
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
with the good system prepared to enter trading ; that will deliver stable performance to avoid the risk of being loss
trading plan with presets that is tested stable to lead trading as with each profile...
SG Trader
2011-08-09, 01:29 PM
with the good system prepared to enter trading ; that will deliver stable performance to avoid the risk of being loss
trading plan with presets that is tested stable to lead trading as with each profile...
a good system not guarantee for us to be able avoid the risk. i think we'll faced the risk, but it depend by us we must minimized the risky by our way, maybe with good rules of your trade.
Victoryindia
2011-08-09, 03:48 PM
disclpined rehna sikho to apne aap emotions me control ho jayeaga, jab tumare disclpined ho ki tumko low lot size se position open karna hai to tum low pe hi kareage to apne aap emotions pe control ho jayeaga,
Victoryindia
2011-08-09, 07:51 PM
That's our purpose for this study to discover how we train the undisciplined habits become disciplined, greedy habits become greedy habits do not be afraid to be afraid and all require a process over time
hamesha disclpined me hi rehna chahiye aur kabhi bhi apne rules na tode , kasie bhi situtation ho jasie rules hai wasie hi karo aur agar aap nahi kar sakte ho to forex bhul jao
carimas888
2011-08-09, 09:56 PM
we must control emotion with not overtrading.all we do when overtrading is expose ourself to needless risk.knowing when to stay out of the market is as important as knowing when to enter the market.
diesel1984
2011-08-10, 02:52 PM
by setting the plan; trader can know what the target to reach with the level of risk
preset strategy will definitely help the trader to keep running on track
rakesh
2011-08-14, 08:49 PM
this is the thing upon on that some more intention is needed from all newbies and that is how to control your self and your emotions
carimas888
2011-08-15, 12:37 PM
recording every trade we take and the reasons behind it greatly improves our trading and also lets us analyze what works for us and what doesn’t. trading aimlessly with no record of what we are doing or why, will encourage us to make emotional decisions which can be detrimental to our trading.
$dollar$
2011-08-15, 08:21 PM
emotions ko control krne k liye hame rules banane chahiye..or hame yahi kosis krni chahiye ki ham kisi bi condition me rules ko break nahi kre.....
emotions or greed pr controll kr k hi ham forex se achaa earn kr sakte hai.
sagar
2011-08-15, 10:00 PM
It is a complex but step by step process to control our emotions when we are trading. I have been learning about how to do so for many months now so i already know that it is a steady process.
james
2011-08-15, 10:42 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 )
well its one of the most difficult task to handle you can control them like set your profit target once you hit that target close the trade.... always analyse before trading , dont asume the trades they migh go agains you.. well these are the main points i gues
blackprince4u
2011-08-15, 11:50 PM
well its one of the most difficult task to handle you can control them like set your profit target once you hit that target close the trade.... always analyse before trading , dont asume the trades they migh go agains you.. well these are the main points i gues
yeah these are the rules to become a good trader but our emotions always take control of our rules and than mostly we get loss. So always use brain while trading and not your heart.
stefanusnicolas
2011-08-16, 01:18 AM
I think to control the emotion takes a lot to learn and experience good trading. therefore we must often train our psychology to manage fear and greed.
keep study. :peace:
Victoryindia
2011-08-16, 03:22 PM
yeah these are the rules to become a good trader but our emotions always take control of our rules and than mostly we get loss. So always use brain while trading and not your heart.
try karo bhai hamesha disclpined me rehne do to apne aap tum earn karne lagoeage, kyunki disclpined ek aisi chiz hai jiske hum apne rules par kahayam reh sakte hai
Ronak
2011-08-16, 04:48 PM
yeah these are the rules to become a good trader but our emotions always take control of our rules and than mostly we get loss. So always use brain while trading and not your heart.
totally true...forex is mind game..so apna dimag ka sahi istemaal karo..heart is full of emotions..so try to control emotions and apply succesffull money management..and make reasonable profit ..
siddesh
2011-08-17, 11:53 PM
I also feel the greed is always there in every trade, we want to make a profit and hold again and again ..
dissatisfaction trader for profit is in getting a fair issue, because human nature is like that ..
The most important is how we can control it better direction ..
carimas888
2011-08-18, 10:52 AM
one way of protecting ourselves from get emotional is know how to manage our money.instead of putting all our money in one currency, money management will limit how much money we put in.so when our currency of choice didn’t perform well,we will end with enough money to choose another currency too.
realfun07
2011-08-20, 08:47 PM
The only way to control your emotions is to have a calm and patient approach towards the trade.One should be disciplined and make it a golden rule that during the time of trade and sharp fluctuations one will not get excited but will trade to his plans , study and analysis and stick to it.
anubhavsingh
2011-08-21, 03:08 AM
one way of protecting ourselves from get emotional is know how to manage our money.instead of putting all our money in one currency, money management will limit how much money we put in.so when our currency of choice didn’t perform well,we will end with enough money to choose another currency too.
money aur time manage karke trading karna bahut zaruri hai
agar aap money aur time management sekh lete hai to apke liye emotions ko ocntrol karna bhi easy ho ajyega..lein bina time aur money management ke apke liye forex market em survive karna bahut mushkil hai
waheedpcc
2011-08-21, 03:19 AM
first of all we have to know that we are dominant first we learn if we understand that then i think all things will become normal and then our emotions becomes resevis right
Raja Krsnan
2011-08-22, 09:29 AM
I do not know if we can really control our emotions fully. I have come across from everywhere people suggesting different ways to control emotions and how to be looking the other way while we encounter these emotional situations while trading.
My experience suggests that if there is emotions lets face it head on rather than apply some of the stupid suggestions put forward by experts. most traders here do not have deep pockets and the emotions of such traders is different from the one that a well capitalised trader who can afford certain amount of loss but has the money power to wait a little longer to stay in race. this is a fact I had watched helplessly because I am also amongst one of those under-capitalised traders who has to be very careful at every stage of market.
We cannot simply shut off our emotions. May be dead bodies are good at it and not affected by emotions. but all of us traders are living beings, and we will be definitely haunted by our emotions in real-time. If it comes lets be prepared to face it straight and head-on. Lets be realistic when we enter a trade and do not allow things to go out of hand. Probably this is the closest way we can do something worthwhile to tackle the emotional problems. Place trades on achievable results and stick to it.
mayengbam
2011-08-22, 10:16 AM
i still can't controll my emotion, especially emotion when i saw the chart..
I always want to open position anytime, how do you think?
help me pleas
well it seems that your emotions are trading for you and not your brain. so i would suggest you to stop trading for a while and read some good books on forex or in some good sites. And when you come back open only two positions at a time with a fix lot size. continue it for a month, this will become a habit.
princeali
2011-08-22, 01:06 PM
emotion control karna bahut mushkil hai khas kar newbies kaliya to bahut mushkil hai , this is because newbies ko trade plan karna nahi ata aur jub bhi high volatile rehta hai market waha trade kartai hai with out knowledge ,agar loss karliya to phir wahi aur eek position kholdaitai hai taki loss ko profit mai badaldai but eek proper money management nahi rehta ,, so better all newbies have a good trading plan and money management skill to control the emotion in trading ..
venkiaries61
2011-08-22, 01:20 PM
It is really difficult, but still we have to control our emotions. If we can not control we are always in loss.
Welcome to this forum. Yes, its very difficult to control those things as a newbie. If you trade for some time, you may overcome all problems. Try to trade on demo and also cent account.
Ronak
2011-08-22, 03:39 PM
It is really difficult, but still we have to control our emotions. If we can not control we are always in loss.
not loss..but many others effect will be on forex..emotions like greed and fear has more disadvantagess..and greed is the thing that it will destoy our confidence we can occur huge loss..
imbest
2011-08-22, 06:45 PM
not loss..but many others effect will be on forex..emotions like greed and fear has more disadvantagess..and greed is the thing that it will destoy our confidence we can occur huge loss..
Greed is the result of over confidence and it is more harmful than fear but it has some advantage over fear that at least we try to make something. In fear we will not use full potential of the forex tools and will not give ourselves a chance to get something big.
cumil
2011-08-22, 10:30 PM
Try to trade on demo and also cent account.
i think if we trade on demo account not affect the emotions, and how to control emotions if traded only virtual money? I think to control the emotion must have a trading plan, so trading trading plan must comply with the rule
realfun07
2011-08-23, 05:22 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...
This is a very good thing to in fact this is a new idea which i like the most. This is like making a checklist with basic points listed in it and with do's and dont's of the trade.Also the best way to control emotions is to follow the list and adhere to it which will automatically set a contro over your emotions.Also you can put Stop Loss and take profit to all your trades based on your analysis.
waheedpcc
2011-08-23, 05:31 PM
i think to control our emotions we have to build up an rules, like mein is trader itni pip per trade rook doon, still not be greedy or ager market against ja b rehe teb tek trade mein rehna chahye jeb tek stop losses hit nehe ho jata,lekan baaz time ap trader ko jeld control ker sekte ho ager apko mahsoos ho raha k trade loss mein rahe g.
or emotiosn ko control kerna yehe ak trick ha, apni eyes or mind ko trading mein laga do bus
nuh514
2011-08-23, 06:45 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 )
To control your emotions you must have to remain calm and cool when trading. You must not become too much greedy and coward and remain in the middle of two extremes.
Rohail
2011-08-24, 01:04 AM
It is very true that Forex is a very risky business, while trading emotions could be very harmful for you, but it is also true that humans are the emotional creatures, so we can't stop our emotions but can minimize them, but its very difficult for newbies to control emotions, in the beginning we can't control emotions, but with experience we can control it, Remember that Experience is the key of success in Forex.
waheedpcc
2011-08-24, 02:22 AM
emotion control karna bahut mushkil hai khas kar newbies kaliya to bahut mushkil hai , this is because newbies ko trade plan karna nahi ata aur jub bhi high volatile rehta hai market waha trade kartai hai with out knowledge ,agar loss karliya to phir wahi aur eek position kholdaitai hai taki loss ko profit mai badaldai but eek proper money management nahi rehta ,, so better all newbies have a good trading plan and money management skill to control the emotion in trading ..
mushkil kuch b enhe hota der asal hota yoon ha k jo new bies hota ha na wo apne ap ko emotions se neche ker leta ha jis ki waja se wo down ho jata ha, aik new bies ko chahaye aik paper le ker apni sari weakness likh le or pher un se fight kerye
volatile mein newbies ko jump bilkul b enhe kerna chahaye jo merzi bilkul nehe hain demo account hain to pratice jaror ker leni chahaye lekan further nehe
Ganesh
2011-08-24, 11:02 AM
i think if we trade on demo account not affect the emotions, and how to control emotions if traded only virtual money? I think to control the emotion must have a trading plan, so trading trading plan must comply with the rule
so true that we do not respect the virtual money offered in demo a/c and hence we will never know what it values after a loss of even one dollar, and not to mention that in demo we have such a huge capital that we never get to know what is a MC, only when starters come to a true a/c then they realise what an MC really is!
waheedpcc
2011-08-24, 02:51 PM
so true that we do not respect the virtual money offered in demo a/c and hence we will never know what it values after a loss of even one dollar, and not to mention that in demo we have such a huge capital that we never get to know what is a MC, only when starters come to a true a/c then they realise what an MC really is!
if don`t respect virtual money or not take it seriously obviously we can`t do trade better on real account because we do trade with full emotions how we can be an risk taker ..
Of course our work come tre on MC, but we have to also realized how much demo account powerful are
shahzad0able
2011-08-24, 04:50 PM
Its very difficult to control your emotions while trading..
According to me, experience plays a vital role in controlling your emotions..
With experience, you will see lots of ups and downs in this market which will definitely teach you to control your emotions while trading
You are very right, experience in very vital in controlling your emotions. And experience comes with time. As a newbie trader you will always fail to control your emotions may be in start when you lose real money you may think of quitting trading. But those who stick to their strategy and keep patience may succeed in forex trading. It is difficult to control your emotions in start but then you get used to it ONLY if your winning percentage is greater than your losing percentage.
realfun07
2011-08-24, 10:37 PM
Emotions are the worst enemies of a trader in Forex trade.Emotions such as fear and greed should be controlled and to do this one needs to do proper money management and risk management and put Stop Loss and take profits to all the trades.This not only minimizes losses but also leads to higher profits.
sanjeev
2011-08-26, 01:42 PM
I guess that it's impossible if you trade on live account, because you are lossing your own money! You can trade only without emotions on demo accounts!!!
imbest
2011-08-26, 11:56 PM
If every trader started to think like this, no one will trade in real account. The point is about controlling and limiting your emotions specially greed. This can only be done in real account. You can't stop walking just because of the fear of felling.
rubigul
2011-08-27, 07:10 PM
besabri ko conrol krne k liy demo forex trading account bohat acha hy, ap apne trade ka size chota rakhain aur greed mn na aayain aur jib ap trade lagain to tub darain mat is trah ap apme emotion ko control kr sakte han
unknownxxx
2011-08-27, 10:46 PM
To control our emotion so we must have good knowledges and good experiences because good knowledges and good
experiences will bring us to confident. When we are confident, then our emotion is stable and it will be easier to control
our emotion when we are confident.
Yes that is right. But it takes time to learn that so we must not be in a hurry because at first it's really hard but sooner or later we will not noticed that we can already control our emotions. Just say to yourself that you must control it or write it in a paper and put it in your lap while trading so we can read it always..
nsawork
2011-08-27, 11:13 PM
Yes that is right. But it takes time to learn that so we must not be in a hurry because at first it's really hard but sooner or later we will not noticed that we can already control our emotions. Just say to yourself that you must control it or write it in a paper and put it in your lap while trading so we can read it always..
When the money is involved then the emotions will be there. We just need to know when to stop the trading as our moods are not good and the chances of gaining from the markets would be actually minimal
This is just to make sure that we do not make a lot of loss when trading and also to safeguard our accounts.
gosians
2011-08-28, 12:18 AM
Mery khyal sy hm emotions k bgair trading nahi kr skty q k thory boht emotions trading main lazmi hen, agr ap main fear nhi ho ga tu ap zyada risk len gy aur lot size ko high kren gy tu ye ap k lye big loss la skta hy. Hamen apny emotions ko ak hadd tak control krna chahye.
imbest
2011-08-28, 12:45 AM
When the money is involved then the emotions will be there. We just need to know when to stop the trading as our moods are not good and the chances of gaining from the markets would be actually minimal
This is just to make sure that we do not make a lot of loss when trading and also to safeguard our accounts.
We can use stop loss to limit the loss and take profit should be exploited in well manner so that we do not fell victim to greed. These are the main emotions which can be encountered by using these two tools. We can't control emotions with trade open at both ends.
rubigul
2011-08-28, 09:30 AM
i control my emotion with the help of my best knowledge about forex trading, best planning, my confidence, my best trade size to choose, best pair of trade, so that's why i am best trader.
i control my emotion with the help of my best knowledge about forex trading, best planning, my confidence, my best trade size to choose, best pair of trade, so that's why i am best trader.
But i think initial investment should not less than 1000$ because i have seen a big hurdle in the way of profit is less investment. May be you agree with me or not but it is the fact
i disagree with you friend that initial investment not so big,
in my opinion to star forex with real account must 250$ because to sustain your capital must choose trade size less and obey the money management policy for long term stay in forex trading with better trading.
when you want to start forex trading then you must start from demo trading and in demo you must analysis the currency pair and see which pair is useful for you when you trading in real account,
demo account is a best teacher for us so we able to learn itself for more experience, knowledge. when we learn itself it's more useful us to improve our experience, knowledge and confidence.
first of all you get practice on demo for better trading and get experience and then gain knowledge about basic's of trading and then trading in real account so read new's daily basis to interact with current market satiation.
Jazpa
2011-08-28, 10:57 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 )
The best way to control emotions while trading in forex is to be perfect in demo trading first. If we learn about trading in demo accounts, we will be familiar about the real trade. Then we don't have to be nervous about anything. And while trading too, never be greedy. Greed is the one that brings down all other emotions. Never be afraid of any trends, just be patience and wait for the perfect trends to start the trade.
imbest
2011-08-28, 03:19 PM
You are kidding ?
Demo account will give you nothing in controlling your emotions and you have to learn this thing in real account. It will take some time to control the emotions but you can't eliminate these out of your trading.
mbiut
2011-08-28, 08:50 PM
I think the best way to control our emotions is trading with demo account seriously. Because here we could correct our mistakes easily without doing any damage to our account which is not possible with live one. We should find out our mistakes and its reason(s). This type of self analysis will help us to have good control over our emotions. Hope that this will help us much.
true for beginners should learn to control emotions learn on a demo account, so in real time your account has been trained mental emotions.
dont greedy :peace:
imbest
2011-08-28, 10:26 PM
true for beginners should learn to control emotions learn on a demo account, so in real time your account has been trained mental emotions.
dont greedy :peace:
So can you tell me how will you control emotions in demo account. No matter how much you try emotions will not come in demo trading. They will automatically come when you put your money in real account.
that is right you have to use real account to practice your emotions. Many people here are saying that we should use demo account to control emotions. I don't see a reason why they are saying this.
that is right you have to use real account to practice your emotions. Many people here are saying that we should use demo account to control emotions. I don't see a reason why they are saying this.
yes real account has no emotions because it is a dummy account where you are nothing to lose you are just gaining their. Emotions always appear in real account where you has fear for losing the money personally. If you want to control fear then don't trade in big lot just use 5 to 10 percent of your capital.
SG Trader
2011-08-29, 08:41 AM
to learn control emotion better use real money account, but just use small money, because trader need to fell real money.
cet account are good for us, if we want to learn to control our emotion. we just spend small of money , altough we feel a little emotion in this account but we can get a good learning.
rubigul
2011-08-29, 07:40 PM
in forex trading you must control your emotions with help of your best trade experience, discipline, passion, good planning, you adequate knowledge , and small lot size. learn is also more important to control your emotions.
sanjeev
2011-08-31, 01:01 PM
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 .
imbest
2011-08-31, 11:00 PM
Emotions can wipe out even 2 , 3 or 4 accounts if you will not do things to controls them. It is very easy to say that I will control emotions next time but frankly you can never have this control. You can just minimize this emotional trading but to some extent only.
waheedpcc
2011-09-01, 12:09 AM
in forex trading you must control your emotions with help of your best trade experience, discipline, passion, good planning, you adequate knowledge , and small lot size. learn is also more important to control your emotions.
Forex aik psychology game ha or humhein ye baat accpet ker li ni chahye k ager hum is ko serious nehe lein ge to emotions humhein destroy ker deen gein
Emotions ki two catergories hoti hain one positive and one negative so i think we need positive to get`s what`s we want to do
sachin
2011-09-02, 12:55 PM
by making a written rules and stay ahead monitir our computers, we will be able at any time can be seen to always be disciplined in trading conditions that we do
akshayfuriya
2011-09-03, 04:44 PM
yes I think we must always use emotional when trading. but it should be noted that these emotions should be positive things. better to use a guide to be used as the principle, so that we can control it later
netra
2011-09-03, 05:35 PM
emotions are common in humans.We cant eliminate it completely.
So its better to avoid it.if we find loss also we should try our best.
After loss also we should not try to open a trade immediately.Decisions taken in anger will lead to haste.
rajesh
2011-09-04, 09:29 PM
when I get profit without a movie I think we already have a comfortable emotional state and if for me to make our emotions in a safe condition we have to keep profit
ennie
2011-09-07, 03:42 PM
trader need to know how to control the emotion so they can manage the account
Ronak
2011-09-07, 07:43 PM
when I get profit without a movie I think we already have a comfortable emotional state and if for me to make our emotions in a safe condition we have to keep profit
jyadatar samay bitane ke baad trader ko emotions control karne ki jarurat nahi rehti apne aap ho jate hai..kyun ki trading se mila hua anubhav use kaam aata hai...aur use emotions ke control mein rakhne ka mahatva samaj aa jata hai
realfun07
2011-09-07, 07:43 PM
trader need to know how to control the emotion so they can manage the account
This is what is thread is all about as to how to control the emotion ? To control your emotions you should do proper money management and risk management.
SG Trader
2011-09-07, 09:51 PM
This is what is thread is all about as to how to control the emotion ? To control your emotions you should do proper money management and risk management.
you are right, but to proper money management and risk management is not easy.
we must have a lot of experience in trade, so we will face any problem in our trade, from that we should to confident and try to evaluate any mistake for the best result in next
chirayu
2011-09-08, 08:40 PM
Yes, no one could trade without emotions, traders could only control their emotion and usually they will use TP, SL and some other
limitation. It's good to limit transaction because if there is no limitation, traders won't stop and it's dangerous if traders didn't want
to stop when it is time to stop trading.
rajesh
2011-09-13, 01:23 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
sunil
2011-09-13, 02:51 PM
i still can't controll my emotion, especially emotion when i saw the chart..
I always want to open position anytime, how do you think?
help me pleas
shahzad0able
2011-09-13, 06:10 PM
emotions ko control may rakhnay ka sab say bara tareeqa ye hay kay insaan apnaay aap ko ye pehaly say hi samjha ker rakhay kay jo ye trade may kernay ja raha hun mjhe iss may loss bhi ho sakta hay or phir wo jitna loss bardasht ker sakta hay otna hi stop loss select karray.
shaonmra
2011-09-13, 08:44 PM
i still can't controll my emotion, especially emotion when i saw the chart..
I always want to open position anytime, how do you think?
help me pleas
Personally i prefer to not sit in front of your terminal. When you see chart it will effect your emotion. I don't sit in front of my terminal in bad situation all day long and having good result. In this time i watch TV to cool down.
ishvara
2011-09-13, 09:32 PM
In life, practice makes perfect, that also applies to forex trading. Emotions are controllable by the trader only if they are able to identify it and start the process of preventing themselves from losing as a result of such emotional problems.
akshayfuriya
2011-09-16, 12:55 PM
Greed is one of the main reasons why I end up losing some of my trades. Once my analysis happens I become greedy and open more positions going against my own recommendations then it makes me frustrated and it really can drain your account. I'm now left with half of the money I had last week.
Ronak
2011-09-16, 01:06 PM
i still can't controll my emotion, especially emotion when i saw the chart..
I always want to open position anytime, how do you think?
help me pleas
before you start real trading u need to have knowledge of entry point and exit point..this plays crucial role in the forex trading...and controlling emotions is hard task but u will be automatically learn..to control emotions. from your day by day experience...
netra
2011-09-16, 07:26 PM
I think to minimize psychological effect, in my experience I had to see my capital size, my experience in strategy, and could separated subjectivity and objectivity, because when I was in too high in subjectivity, psychological disturb my trading plan and could make loss. I had to look reality result, forexample if I was too big hope, that became too dangerous for my forex position.
netra
2011-09-16, 08:25 PM
Greed is the result of over confidence and it is more harmful than fear but it has some advantage over fear that at least we try to make something. In fear we will not use full potential of the forex tools and will not give ourselves a chance to get something big.
rajesh
2011-09-17, 12:56 PM
You are kidding ?
Demo account will give you nothing in controlling your emotions and you have to learn this thing in real account. It will take some time to control the emotions but you can't eliminate these out of your trading.
rajesh
2011-09-17, 01:02 PM
We can use stop loss to limit the loss and take profit should be exploited in well manner so that we do not fell victim to greed. These are the main emotions which can be encountered by using these two tools. We can't control emotions with trade open at both ends.
rajesh
2011-09-17, 01:07 PM
If every trader started to think like this, no one will trade in real account. The point is about controlling and limiting your emotions specially greed. This can only be done in real account. You can't stop walking just because of the fear of felling.
rajesh
2011-09-17, 01:20 PM
So can you tell me how will you control emotions in demo account. No matter how much you try emotions will not come in demo trading. They will automatically come when you put your money in real account.
rajesh
2011-09-17, 01:48 PM
Forex aik psychology game ha or humhein ye baat accpet ker li ni chahye k ager hum is ko serious nehe lein ge to emotions humhein destroy ker deen gein
Emotions ki two catergories hoti hain one positive and one negative so i think we need positive to get`s what`s we want to do
Emotions can wipe out even 2 , 3 or 4 accounts if you will not do things to controls them. It is very easy to say that I will control emotions next time but frankly you can never have this control. You can just minimize this emotional trading but to some extent only.
ketan
2011-09-17, 05:04 PM
The only way to control your emotions is to have a calm and patient approach towards the trade.One should be disciplined and make it a golden rule that during the time of trade and sharp fluctuations one will not get excited but will trade to his plans , study and analysis and stick to it.
So can you tell me how will you control emotions in demo account. No matter how much you try emotions will not come in demo trading. They will automatically come when you put your money in real account.
me sochta hu ki account chahe demo ho ya real..hamko puri planing ke saat trade krna chahiye...accourding to margin plan about money management that you want. then trade with free mind.
after some days demo trading you feel good..that rules folllow in real account..emotion automatcially controlled with experience when you always trade accourding to your trading rules.
ketan
2011-09-17, 05:58 PM
This is a very good thing to in fact this is a new idea which i like the most. This is like making a checklist with basic points listed in it and with do's and dont's of the trade.Also the best way to control emotions is to follow the list and adhere to it which will automatically set a contro over your emotions.Also you can put Stop Loss and take profit to all your trades based on your analysis.
ketan
2011-09-17, 07:40 PM
A trader who trades low volumes remains in safe place and he has good control on emotions also. I think it is the only way to control emotions and traders should not go to trade heavy volumes.
This is what is thread is all about as to how to control the emotion ? To control your emotions you should do proper money management and risk management.
vikas
2011-09-17, 11:08 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
aniket
2011-09-18, 10:09 PM
if don`t respect virtual money or not take it seriously obviously we can`t do trade better on real account because we do trade with full emotions how we can be an risk taker ..
Of course our work come tre on MC, but we have to also realized how much demo account powerful are
so true that we do not respect the virtual money offered in demo a/c and hence we will never know what it values after a loss of even one dollar, and not to mention that in demo we have such a huge capital that we never get to know what is a MC, only when starters come to a true a/c then they realise what an MC really is!
ishvara
2011-09-18, 10:21 PM
aniket, That is true, what you said about capital is well to take note of. This is because the demo is filled with 10,000 dollars and the live accounts is just going to be filled with the small money that we have like 50 or 100 dollars.
keset
2011-09-19, 12:08 AM
I think emotions are difficult to control, not all traders can, and it takes practice to control the emotions that are included in trading psychology..
sachin
2011-09-19, 05:41 PM
When the money is involved then the emotions will be there. We just need to know when to stop the trading as our moods are not good and the chances of gaining from the markets would be actually minimal
netra
2011-09-19, 06:49 PM
i have a experience when trading with excessive emotions, i loss my money only 2 days in real accounts.
i aware i have bad psychological, i think emotions and psychology is relationship. so we must try our psychological so that we trade without excessive emotions and greedy
netra
2011-09-19, 07:07 PM
a good system not guarantee for us to be able avoid the risk. i think we'll faced the risk, but it depend by us we must minimized the risky by our way, maybe with good rules of your trade.
Ronak
2011-09-19, 07:57 PM
i have a experience when trading with excessive emotions, i loss my money only 2 days in real accounts.
i aware i have bad psychological, i think emotions and psychology is relationship. so we must try our psychological so that we trade without excessive emotions and greedy
excessive greed is cause of lack of knowledge and experience and forthis we have to develop self confidence and positive attitude..then after emotions wil be controll automatically
Ronak
2011-09-20, 03:39 PM
I think emotions are difficult to control, not all traders can, and it takes practice to control the emotions that are included in trading psychology..
forex mein emotions control karnaa bahot jaruri hai kyun ki uskaa jyda effect trading pe ho sakta hai aur emotions ko controll karne ke liye experience and discipline hona jaruri hai..k
sheetal468
2011-09-20, 03:49 PM
many experienced traders are talking saying by trading as much as you can & eventually control your emotions. what i ask is that to get to that stage definitely takes time so while in the initial days how can we control our emotions?? should we invest smaller amounts ? i think that will be the best way to control emotions & the finance together. ;)
ishvara
2011-09-20, 04:04 PM
many experienced traders are talking saying by trading as much as you can & eventually control your emotions. what i ask is that to get to that stage definitely takes time so while in the initial days how can we control our emotions?? should we invest smaller amounts ? i think that will be the best way to control emotions & the finance together. ;)
We can only control our emotions to a degree, but it will never be 100% possible for us to control it at all times. We just control it when we can but in some circumstances, it will fail us.
ishvara
2011-09-20, 04:10 PM
many experienced traders are talking saying by trading as much as you can & eventually control your emotions. what i ask is that to get to that stage definitely takes time so while in the initial days how can we control our emotions?? should we invest smaller amounts ? i think that will be the best way to control emotions & the finance together. ;)
We can only control our emotions to a degree, but it will never be 100% possible for us to control it at all times. We just control it when we can but in some circumstances, it will fail us.
rajesh
2011-09-20, 06:43 PM
first of all we have to know that we are dominant first we learn if we understand that then i think all things will become normal and then our emotions becomes resevis right
rajesh
2011-09-20, 06:52 PM
i think to control our emotions we have to build up an rules, like mein is trader itni pip per trade rook doon, still not be greedy or ager market against ja b rehe teb tek trade mein rehna chahye jeb tek stop losses hit nehe ho jata,lekan baaz time ap trader ko jeld control ker sekte ho ager apko mahsoos ho raha k trade loss mein rahe g.
or emotiosn ko control kerna yehe ak trick ha, apni eyes or mind ko trading mein laga do bus
rajesh
2011-09-20, 07:09 PM
I guess that it's impossible if you trade on live account, because you are lossing your own money! You can trade only without emotions on demo accounts!!!
if don`t respect virtual money or not take it seriously obviously we can`t do trade better on real account because we do trade with full emotions how we can be an risk taker ..
Of course our work come tre on MC, but we have to also realized how much demo account powerful are
SG Trader
2011-09-21, 12:41 PM
i was try to control our emotion but its very difficult to me,
i dont know why, a greedy usually came to me, when i get a large profit ..
vikas
2011-09-22, 01:06 PM
with the good system prepared to enter trading ; that will deliver stable performance to avoid the risk of being loss
trading plan with presets that is tested stable to lead trading as with each profile...
Muskil tu hai no doubt but if we not able to control it then its also not possible to success in forex and when you have lots of experience then its not will be so hard as which newbie have . anyway i agree its very tough to control but we need to control it to our brighter future.
trijay
2011-09-22, 02:09 PM
I think all systems are good, provided that can discipline, relying on luck is trading just gambling, without money management can not exist, the account will be destroyed quickly, I had a bad experience, no money management and having a margin call
keset
2011-09-22, 03:30 PM
I think in the forex business is very necessary to control the emotions, especially when we're loss. I think learning is gradually and also learn from past mistakes.
drsaid2020
2011-09-22, 04:11 PM
mere emoticons to main control karta hi hu.
Per i think her koi apne emoticons ko control ni kr sakta as k agar usne loss kiya to v and profit kiya ho to v.
Dono situation main control karna muskil hai.
venkiaries61
2011-09-22, 04:26 PM
I think in the forex business is very necessary to control the emotions, especially when we're loss. I think learning is gradually and also learn from past mistakes.
Yes, i agree with you. we should have control emotions and greed in trading. I think, emotion is the main cause for some huge loses in forex. Let us discuss.
nuh514
2011-09-22, 09:34 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 )
No body can control emotions while trading. Not only the forex trading but all other businesses and activities in this world are drived by the emotions of the people. But the issue here is that how to drive our emotions into the right way in forex trading. You can be calm, aggressive and patient according to the situation in this business.
trijay
2011-09-23, 09:54 AM
I studied psychology with a real account, I think all traders had made mistakes, I am still learning to not repeat the error, with the discipline in trading rules
ketan
2011-09-25, 03:57 PM
emotions are common in humans.We cant eliminate it completely.
So its better to avoid it.if we find loss also we should try our best.
After loss also we should not try to open a trade immediately.Decisions taken in anger will lead to haste.
Ronak
2011-09-25, 04:16 PM
emotions are common in humans.We cant eliminate it completely.
So its better to avoid it.if we find loss also we should try our best.
After loss also we should not try to open a trade immediately.Decisions taken in anger will lead to haste.
emotions like greed ,fear is the hindrances for the trader while strated new trading.....emotions need to be controll and for this trade should have to develop positive attitude and knowledge...so they can trade with discipline and patience...
zoomfire
2011-09-25, 05:25 PM
emotions like greed ,fear is the hindrances for the trader while strated new trading.....emotions need to be controll and for this trade should have to develop positive attitude and knowledge...so they can trade with discipline and patience...
emotions should be converted to positive attitude.If we lose a trade we should convert it into positive energy and not get tensed and open a new trade in haste.It will make us lose more.So when we are in emotion we should try to stay cool
waheedpcc
2011-09-25, 11:04 PM
Thats better thing some times when i loss i do same, if we are watching market then mind says to open some more trades to recover loss but its not at all a good idea.
trading aik psychllogy game ha or ye always apko problem mein rekhti ha, ager trading kerni to equity chhaye equity ko banan k leye ya uski ko wealthy rekhne k leye ager koi idea ta ha jo k kam ker sekta ha to ap try jaroor kareen
speedy
2011-09-25, 11:34 PM
Controlling emotions is really a difficult job and for this I try my best. I try to avoid trading when I get any loss because at that time it is very difficult to control emotions. Sometimes I try to control emotions by thinking that loss is also part of forex trading.
hiren
2011-10-06, 12:53 AM
mere emoticons to main control karta hi hu.
Per i think her koi apne emoticons ko control ni kr sakta as k agar usne loss kiya to v and profit kiya ho to v.
Dono situation main control karna muskil hai.
keset
2011-10-06, 08:41 AM
Controlling emotions is really a difficult job and for this I try my best. I try to avoid trading when I get any loss because at that time it is very difficult to control emotions. Sometimes I try to control emotions by thinking that loss is also part of forex trading.
I completely agree it is very difficult to control emotions, but we as traders must be able to learn and try to control our emotions in order to be good trading. :respect:
kamla
2011-10-06, 01:15 PM
i control my emotion with the help of my best knowledge about forex trading, best planning, my confidence, my best trade size to choose, best pair of trade, so that's why i am best trader.
kamla
2011-10-06, 01:24 PM
besabri ko conrol krne k liy demo forex trading account bohat acha hy, ap apne trade ka size chota rakhain aur greed mn na aayain aur jib ap trade lagain to tub darain mat is trah ap apme emotion ko control kr sakte han
kamla
2011-10-06, 01:49 PM
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 .
in forex trading you must control your emotions with help of your best trade experience, discipline, passion, good planning, you adequate knowledge , and small lot size. learn is also more important to control your emotions.
kamla
2011-10-07, 01:13 PM
You are very right, experience in very vital in controlling your emotions. And experience comes with time. As a newbie trader you will always fail to control your emotions may be in start when you lose real money you may think of quitting trading. But those who stick to their strategy and keep patience may succeed in forex trading. It is difficult to control your emotions in start but then you get used to it ONLY if your winning percentage is greater than your losing percentage.
kamla
2011-10-07, 01:44 PM
emotions ko control may rakhnay ka sab say bara tareeqa ye hay kay insaan apnaay aap ko ye pehaly say hi samjha ker rakhay kay jo ye trade may kernay ja raha hun mjhe iss may loss bhi ho sakta hay or phir wo jitna loss bardasht ker sakta hay otna hi stop loss select karray.
patil
2011-10-08, 12:50 PM
हमारी भावनाओं को नियंत्रित तो हम अच्छा knowledges और अच्छा अनुभव है क्योंकि अच्छे knowledges और अच्छा होगा
अनुभव हमें आश्वस्त करने के लिए लाना होगा. जब हम विश्वास कर रहे हैं, तो हमारी भावनाओं स्थिर है और इसे नियंत्रित करने के लिए आसान हो जाएगा
हमारी भावनाओं को जब हम विश्वास कर रहे हैं.
arihant
2011-10-08, 11:54 PM
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.
arihant
2011-10-08, 11:58 PM
Thats better thing some times when i loss i do same, if we are watching market then mind says to open some more trades to recover loss but its not at all a good idea
nikhil_rrane
2011-10-09, 11:24 AM
Thats better thing some times when i loss i do same, if we are watching market then mind says to open some more trades to recover loss but its not at all a good idea
When you are in the loss it is better to take rest for some time from forex trading and with the fresh mind you can again start the forex trading. But always remember that you have to follow the rules when you trade in the forex market otherwise the same thing happen again.
sasa0220
2011-10-09, 12:08 PM
I think best way to control emotion is to create a trading plan and sticking with it . You can create a plan how and when to open/close positions. You can do this in accordance with your trading strategy. Then execute your plan and stick with it. Your emotions will not get in your way
vineet
2011-10-13, 01:12 PM
I think all systems are good, provided that can discipline, relying on luck is trading just gambling, without money management can not exist, the account will be destroyed quickly, I had a bad experience, no money management and having a margin call
newentry
2011-10-13, 01:28 PM
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.
i agree with you, need more practice and try to change our mindset, if we get some losing or floating minus so we have to be cool and let it flow without bad thinking, we just make analysis and fix something that we have done...
ride it
vineet
2011-10-13, 01:32 PM
I studied psychology with a real account, I think all traders had made mistakes, I am still learning to not repeat the error, with the discipline in trading rules
SG Trader
2011-10-13, 08:05 PM
I studied psychology with a real account, I think all traders had made mistakes, I am still learning to not repeat the error, with the discipline in trading rules
yeah, beacuse we can only feel the pscyhological when trading in the real account and is not in the demo. also a bad psychology is related with emotion and greedy. we should control ownself
vineet
2011-10-14, 01:36 PM
The best way to control emotions while trading in forex is to be perfect in demo trading first. If we learn about trading in demo accounts, we will be familiar about the real trade. Then we don't have to be nervous about anything. And while trading too, never be greedy. Greed is the one that brings down all other emotions. Never be afraid of any trends, just be patience and wait for the perfect trends to start the trade.
speedy
2011-10-15, 06:10 PM
I studied psychology with a real account, I think all traders had made mistakes, I am still learning to not repeat the error, with the discipline in trading rules
If we just follow the trading rules with a proper and high value of discipline then there is no reason that stop us from success in forex. But most of the time we break the rules or don't follow the rules and the result appears in the shape of loss.
sparroz7
2011-10-15, 10:29 PM
I studied psychology with a real account, I think all traders had made mistakes, I am still learning to not repeat the error, with the discipline in trading rules
good preparation is a most requirement for a successfull trading...
good strategy gives an convidence nuance for the trading..
to avoid emotional failure..
I studied psychology with a real account, I think all traders had made mistakes, I am still learning to not repeat the error, with the discipline in trading rules
For many traders, normally, they will takes a longer way in this period, so please use small lot, and try to use stoploss, we should take some time to practice how to control our emotion,but we do not we will lost all our money just in the first try.
vicky
2011-10-16, 11:42 AM
I think its really very very hard to control emotion while trading specially for newbie . if loss there works emotion and if there is profit also works emotion and i think its really dangerous for us . but without control this its really hard to become successful trader and i think only our experience can help us to prevent emotion.
hetal
2011-10-17, 11:22 PM
Wo traders jo apny emotion par kabo nahen pa sakty wo kabhi bhi kaamyaab naheen hp paty. Hamin forex main kaamyaab honya kay liye robots ki trah kaam karny ki zaroorat hay tab hi hum kaamyab ho sakty hain is filed main.
hetal
2011-10-18, 12:56 PM
well its one of the most difficult task to handle you can control them like set your profit target once you hit that target close the trade.... always analyse before trading , dont asume the trades they migh go agains you.. well these are the main points i gues
popatji
2011-10-18, 08:36 PM
In life, practice makes perfect, that also applies to forex trading. Emotions are controllable by the trader only if they are able to identify it and start the process of preventing themselves from losing as a result of such emotional problems.
popatji
2011-10-18, 11:05 PM
That is true, what you said about capital is well to take note of. This is because the demo is filled with 10,000 dollars and the live accounts is just going to be filled with the small money that we have like 50 or 100 dollars.
popatji
2011-10-18, 11:13 PM
We can only control our emotions to a degree, but it will never be 100% possible for us to control it at all times. We just control it when we can but in some circumstances, it will fail us.
popatji
2011-10-18, 11:36 PM
To control our emotion so we must have good knowledges and good experiences because good knowledges and good
experiences will bring us to confident. When we are confident, then our emotion is stable and it will be easier to control
our emotion when we are confident.
vineet
2011-10-19, 01:41 PM
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, ...
vineet
2011-10-19, 04:03 PM
I completely agree it is very difficult to control emotions, but we as traders must be able to learn and try to control our emotions in order to be good trading.
vineet
2011-10-19, 08:30 PM
I think in the forex business is very necessary to control the emotions, especially when we're loss. I think learning is gradually and also learn from past mistakes.
aryan
2011-10-21, 10:51 PM
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 .
chintan
2011-10-22, 01:14 PM
well it seems that your emotions are trading for you and not your brain. so i would suggest you to stop trading for a while and read some good books on forex or in some good sites. And when you come back open only two positions at a time with a fix lot size. continue it for a month, this will become a habit.
narendra
2011-10-23, 01:17 PM
try karo bhai hamesha disclpined me rehne do to apne aap tum earn karne lagoeage, kyunki disclpined ek aisi chiz hai jiske hum apne rules par kahayam reh sakte hai
bhanu
2011-10-24, 11:14 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
yamibux
2011-10-25, 02:29 AM
Forex trader needs to be able to control his temper and his psychological state strongly
This merchant before being able to analyze technical and fundamental analysis of both
For all the traders who work in this huge market, which trades the equivalent of $ 3 trillion a day, can control his temper
popatji
2011-10-25, 01:26 PM
yes emotion ko control karna aasan nehi he. par trading me experience hone ke sath sath hi emotion controll karna insan sikh jate he. aur jo tab bhi na sikhe wmotion ko control karna. wo kabhi nehi sikh payega.
SG Trader
2011-10-25, 09:07 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
so experience is something better. we should learn from past experience especially when we do a mistakes.
i think all trader often do mistake when their beginner to trade. when they always learn from past mistake and can controll their emotion when trade, they will success in this business.
narendra
2011-10-29, 01:32 PM
When you have a thing in mind just do it. You will fail once, twice, three times, four times but eventually you'll master it and succeed. Same is the case with forex trading just keep learning and practicing.You'll become a successful trader one day.
realfun07
2011-10-29, 06:39 PM
try karo bhai hamesha disclpined me rehne do to apne aap tum earn karne lagoeage, kyunki disclpined ek aisi chiz hai jiske hum apne rules par kahayam reh sakte hai
Disciplined and patient approach in trading is one way to control your emotions but emotions such as fear and greed are worst enemies of a trader so one must put take profit and stop loss to their trades and close the terminal.
zoomfire
2011-10-29, 08:41 PM
so experience is something better. we should learn from past experience especially when we do a mistakes.
i think all trader often do mistake when their beginner to trade. when they always learn from past mistake and can controll their emotion when trade, they will success in this business.
yes almost all newbies are bound to make mistakes in beginning and lose.even me too.
but later they should control their emotions and workout what all the mistakes committed and rectify it.if we do that we can regain all the losses.
other wise there wont be any use of worrying about the losses made.
aryan
2011-10-29, 10:28 PM
yeah these are the rules to become a good trader but our emotions always take control of our rules and than mostly we get loss. So always use brain while trading and not your heart.
Mery khyal sy hm emotions k bgair trading nahi kr skty q k thory boht emotions trading main lazmi hen, agr ap main fear nhi ho ga tu ap zyada risk len gy aur lot size ko high kren gy tu ye ap k lye big loss la skta hy. Hamen apny emotions ko ak hadd tak control krna chahye.
Mery khyal sy hm emotions k bgair trading nahi kr skty q k thory boht emotions trading main lazmi hen, agr ap main fear nhi ho ga tu ap zyada risk len gy aur lot size ko high kren gy tu ye ap k lye big loss la skta hy. Hamen apny emotions ko ak hadd tak control krna chahye.
i think if we trade on demo account not affect the emotions, and how to control emotions if traded only virtual money? I think to control the emotion must have a trading plan, so trading trading plan must comply with the rule
sunil
2011-11-10, 12:18 AM
i agree with you, need more practice and try to change our mindset, if we get some losing or floating minus so we have to be cool and let it flow without bad thinking, we just make analysis and fix something that we have done...
ride it
eddis
2011-11-10, 07:24 AM
control emotion when transaction in forex market is very difficult for newbie
we must using best system trading and more indicator with best signal confirm in trading
emotion is very bad for trader, we can make bad result if using emotion in trading system
i think if we trade on demo account not affect the emotions, and how to control emotions if traded only virtual money? I think to control the emotion must have a trading plan, so trading trading plan must comply with the rule
you are right . we can not control emotions 100% but little bit we can.
if we have proper trading plan and always trade in under money management with prorper trade like stop loss and take profit in eatch trade then we are able to control on it.
cumil
2011-11-10, 08:28 AM
you are right . we can not control emotions 100% but little bit we can.
if we have proper trading plan and always trade in under money management with prorper trade like stop loss and take profit in eatch trade then we are able to control on it.
yes ... and we need the discipline to do so, with disciplinary obeying the rules in a trading plan, then our emotions will be well managed, we want our emotions remain stable at current profit or loss, if we profit so we would not be too greedy and if loss we will not be was too tense
simbagi123
2011-11-10, 10:19 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 )
han jani forex main emotions ko control karna kafi mushkil ha or ziyada tar tab jab app profit main ja rahe hotey ho tab or jab app withdraw karwane k qareeb hote ho to tab bhi emution par control karna mushkil hota ha dear main to jab bhi trade open karta hn to baar baar nahi dekhta open trade ko es taran main control karta hn apne emotions ko
SG Trader
2011-11-10, 09:39 PM
you are right . we can not control emotions 100% but little bit we can.
if we have proper trading plan and always trade in under money management with prorper trade like stop loss and take profit in eatch trade then we are able to control on it.
yup, i think because emotion is natural from person.
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
cumil
2011-11-11, 12:24 PM
if you can then try to do practice on demo account. you can really control your emotions on demo then you will get any problem on demo and if you think you are feeling boring on demo account then try to take part in demo contest and feel pride to control your emotions.
are you are sure if trading with a demo account can affect your psychology? many traders are talking about trading with a demo account that will not affect the psychology, it is a fact a friend, you just post that made me confused and not based on things that happen in reality.
I want to ask if there is a trader trading using a demo account has emotions when a loss ? I think not because of money on a demo account only virtual, so that traders do not feel lost money
akshayfuriya
2011-11-11, 07:55 PM
Greed is one of the main reasons why I end up losing some of my trades. Once my analysis happens I become greedy and open more positions going against my own recommendations then it makes me frustrated and it really can drain your account. I'm now left with half of the money I had last week.
krishan
2011-11-11, 11:06 PM
जब आप नुकसान में रहे हैं यह बेहतर है विदेशी मुद्रा व्यापार से कुछ समय के लिए आराम और ताजा मन के साथ आप फिर से विदेशी मुद्रा व्यापार शुरू कर सकते हैं. लेकिन हमेशा याद रखना है कि आप नियमों का पालन किया है जब आप विदेशी मुद्रा बाजार में व्यापार अन्यथा एक ही बात फिर से होगा.
krishan
2011-11-13, 02:19 PM
सच इतना है कि हम एक / ग डेमो में की पेशकश की आभासी पैसे का सम्मान नहीं करते और इसलिए हम जानते हैं कि यह क्या एक भी डॉलर के नुकसान के बाद मूल्यों कभी नहीं, और का उल्लेख नहीं है कि हम डेमो में इतनी बड़ी पूंजी है कि हम कभी नहीं मिलपता है कि क्या एक एम सी है, केवल जब शुरुआत एक एक / ग सच करने के लिए आते हैं तो वे महसूस करते हैं वास्तव में क्या एक एम सी है!
So can you tell me how will you control emotions in demo account. No matter how much you try emotions will not come in demo trading. They will automatically come when you put your money in real account.
realfun07
2011-11-13, 08:36 PM
If every trader started to think like this, no one will trade in real account. The point is about controlling and limiting your emotions specially greed. This can only be done in real account. You can't stop walking just because of the fear of felling.
Very well said my friend as no one would stop walking with the fear of falling.so same way no one should stop trading with the fear of loosing money but it is better to control fear and greed and use proper money management skills to control the same.
sachin
2011-11-13, 08:59 PM
Emotions can wipe out even 2 , 3 or 4 accounts if you will not do things to controls them. It is very easy to say that I will control emotions next time but frankly you can never have this control. You can just minimize this emotional trading but to some extent only.
venkiaries61
2011-11-14, 01:38 PM
Emotions can wipe out even 2 , 3 or 4 accounts if you will not do things to controls them. It is very easy to say that I will control emotions next time but frankly you can never have this control. You can just minimize this emotional trading but to some extent only.
Yes, its great truth. till now, i am just trying to control emotions but not controlled. Is there any possible way to control those things.
I cannot able to even minimize my emotions. when my position is open, most of the time, i close my positions on negative side.
arihant
2011-11-14, 04:42 PM
A good way I think the arena when the emotion we want to make this mistake without realizing we are not then we quickly see the notes the rule in our monitir
sanjeev
2011-11-14, 07:05 PM
Sl उपयोग करने के लिए नुकसान को कम करने और मुझे नहीं लगता कि यह आप एम.एम. का प्रबंधन करने के लिए क्योंकि आप एम.एम. सेट में मदद करता है आप बहुत आकार के आकार का उपयोग करना चाहिए
realfun07
2011-11-14, 10:10 PM
the only way to control the emtions is to practice trading. once you got suuficient experience then you will be definately able to control the emtion .but intially it is very difficult to control it
Risk management and money management are the best ways to control your emotions and apart from that a trader can practice meditation as well.Fear and greed needs to be controlled and one can do it by putting stop loss and take profits.
sunil
2011-11-15, 08:26 PM
I think its really very very hard to control emotion while trading specially for newbie . if loss there works emotion and if there is profit also works emotion and i think its really dangerous for us . but without control this its really hard to become successful trader and i think only our experience can help us to prevent emotion.
aafx100
2011-11-17, 10:41 PM
Emotional persons always faces loss, not only in the forex trading, also in other fields of life. One thing should be remember to every member that they will not get profit being an emotional trend, be patience and hold your emotions while trading.
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 not easy to control emotions, but with emotions its not easy to trade and don't have any grip to forex, only the experience teaches traders how to control emotions not any lesson, any person or teacher can teaches you to controlling emotions
sanjeev
2011-11-18, 05:35 PM
emtions नियंत्रण केवल व्यापार अभ्यास है. एक बार आप suuficient अनुभव है तो आप निश्चित रूप से emtion नियंत्रण करने में सक्षम हो जाएगा है, लेकिन शुरू में यह बहुत मुश्किल है इसे नियंत्रित करने के
narendra
2011-11-18, 06:50 PM
I think all systems are good, provided that can discipline, relying on luck is trading just gambling, without money management can not exist, the account will be destroyed quickly, I had a bad experience, no money management and having a margin call
narendra
2011-11-18, 07:11 PM
I studied psychology with a real account, I think all traders had made mistakes, I am still learning to not repeat the error, with the discipline in trading rules
I studied psychology with a real account, I think all traders had made mistakes, I am still learning to not repeat the error, with the discipline in trading rules
I dont have any study knowledge about psychology of real account. i just know only one thing that human dont have nature of loss any think and if this matter come in favor of money then its more hard.
when we see that we are lossing money in front of our eyes we can not accept it so emotions come naturally.
but we can control it not fully some part with making hard rules and deciplane.
aryan
2011-11-18, 08:54 PM
yeah these are the rules to become a good trader but our emotions always take control of our rules and than mostly we get loss. So always use brain while trading and not your heart.
chirayu
2011-11-19, 11:54 AM
emotions ko control krne k liye hame rules banane chahiye..or hame yahi kosis krni chahiye ki ham kisi bi condition me rules ko break nahi kre.....
emotions or greed pr controll kr k hi ham forex se achaa earn kr sakte hai.
bhanu
2011-11-19, 01:42 PM
trading aik psychllogy game ha or ye always apko problem mein rekhti ha, ager trading kerni to equity chhaye equity ko banan k leye ya uski ko wealthy rekhne k leye ager koi idea ta ha jo k kam ker sekta ha to ap try jaroor kareen
weekager
2011-11-19, 04:41 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 )
emotions ko control karne ka tareeqa ye ha k app jab apni trade open karte ho to bar bar chart ki taraf na dekhu kioun k es taran app ko apne emotions control karna mushkil ho sakta ha ya phr trade open karne k bad app computer off kar k kahin ghmney pherne nikal jao ya phr kisi or kaam ki taraf apni tawaja do
nikhil
2011-11-19, 07:37 PM
Forex aik psychology game ha or humhein ye baat accpet ker li ni chahye k ager hum is ko serious nehe lein ge to emotions humhein destroy ker deen gein
Emotions ki two catergories hoti hain one positive and one negative so i think we need positive to get`s what`s we want to do
kamla
2011-11-19, 10:29 PM
if don`t respect virtual money or not take it seriously obviously we can`t do trade better on real account because we do trade with full emotions how we can be an risk taker ..
Of course our work come tre on MC, but we have to also realized how much demo account powerful are
kamla
2011-11-19, 10:30 PM
mushkil kuch b enhe hota der asal hota yoon ha k jo new bies hota ha na wo apne ap ko emotions se neche ker leta ha jis ki waja se wo down ho jata ha, aik new bies ko chahaye aik paper le ker apni sari weakness likh le or pher un se fight kerye
volatile mein newbies ko jump bilkul b enhe kerna chahaye jo merzi bilkul nehe hain demo account hain to pratice jaror ker leni chahaye lekan further nehe
kamla
2011-11-19, 10:39 PM
i think to control our emotions we have to build up an rules, like mein is trader itni pip per trade rook doon, still not be greedy or ager market against ja b rehe teb tek trade mein rehna chahye jeb tek stop losses hit nehe ho jata,lekan baaz time ap trader ko jeld control ker sekte ho ager apko mahsoos ho raha k trade loss mein rahe g.
or emotiosn ko control kerna yehe ak trick ha, apni eyes or mind ko trading mein laga do bus
kamla
2011-11-19, 10:52 PM
first of all we have to know that we are dominant first we learn if we understand that then i think all things will become normal and then our emotions becomes resevis right
emotions ko control karne ka tareeqa ye ha k app jab apni trade open karte ho to bar bar chart ki taraf na dekhu kioun k es taran app ko apne emotions control karna mushkil ho sakta ha ya phr trade open karne k bad app computer off kar k kahin ghmney pherne nikal jao ya phr kisi or kaam ki taraf apni tawaja do
this is good idea but what we do if our trade without stop loss..In my view if dont have stop loss in our trade then its very hard part to control emotions.. our emotions not allow to turn off our trading system.
but if we have stop loss then we can easily turn of our our system.
SG Trader
2011-11-20, 07:21 AM
this is good idea but what we do if our trade without stop loss..In my view if dont have stop loss in our trade then its very hard part to control emotions.. our emotions not allow to turn off our trading system.
but if we have stop loss then we can easily turn of our our system.
so that stoploss is very important to control your emotion,
even when we are has been set the stoploss it mean we has apply a risk management. i think many trader should set their stoploss in every transactions, so it will make our account is safe.
SG Trader
2011-11-20, 07:35 AM
if don`t respect virtual money or not take it seriously obviously we can`t do trade better on real account because we do trade with full emotions how we can be an risk taker ..
Of course our work come tre on MC, but we have to also realized how much demo account powerful are
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.
I believe that forex trading can generate huge profits, provided that can control the emotions, but the trader must be realistic, the trader should always be aware of the risks that threaten degan, for not been able to generate consistent profits, then do not leave your main job, a profitable strategy, if running undisciplined, it will be useless, so the discipline is the key to successful forex trading
so that stoploss is very important to control your emotion,
even when we are has been set the stoploss it mean we has apply a risk management. i think many trader should set their stoploss in every transactions, so it will make our account is safe.
yes you are right..stop loss play a role to control emotions but not 100%. its reduce some part of emotions.
other human factors also working like greed... intensity for getting more profit.
in my view we should trade under money management with proper analyses. and try to keep a distance with greed.
venkiaries61
2011-11-20, 10:31 AM
yes you are right..stop loss play a role to control emotions but not 100%. its reduce some part of emotions.
other human factors also working like greed... intensity for getting more profit.
in my view we should trade under money management with proper analyses. and try to keep a distance with greed.
Yes, I agree with you. Stop loss will control some emotions on trades. But, stop loss also makes some emotions if we achieve loss. Stoploss point also should be heavily analysed before it placed.
Yes, I agree with you. Stop loss will control some emotions on trades. But, stop loss also makes some emotions if we achieve loss. Stoploss point also should be heavily analysed before it placed.
friend profit and loss is the part of result. our trade will touch any one between both.
stop loss save our account from more loss..its also depend on our analyses that where we are going to put stop loss value.
but with the help of stop loss we ensure that there is no more loss that we set..
if we dont put sl then we can not say how much we loss...so not using stop loss give us more emotions then using stop loss..
akshayfuriya
2011-11-20, 02:42 PM
we must control emotion with not overtrading.all we do when overtrading is expose ourself to needless risk.knowing when to stay out of the market is as important as knowing when to enter the market.
realfun07
2011-11-20, 03:11 PM
we must control emotion with not overtrading.all we do when overtrading is expose ourself to needless risk.knowing when to stay out of the market is as important as knowing when to enter the market.
Emotions itself lead to over trading and a trader tends to perform wrong trades so to control the emotions the best thing is to do is use money management skills and use stop loss and take profits and avoid emotional trading to maximum.
bhanu
2011-11-20, 07:27 PM
No body can control emotions while trading. Not only the forex trading but all other businesses and activities in this world are drived by the emotions of the people. But the issue here is that how to drive our emotions into the right way in forex trading. You can be calm, aggressive and patient according to the situation in this business.
dmambi
2011-11-20, 10:31 PM
Emotions are affecting our trading profits , we all now it, but still struggle hard to control and guide in our favor. I feel if we are able to do the correct analysis and find out the entry and exit points accurately then the problem will be solved.
Kazama
2011-11-20, 11:45 PM
Just make an entry with stop loss and take profit limts and close the platform for some time, go out side do other works, listen songs. and then come back to see whether you took the profit or comes out with the loss, if u get loss then find out the problems.
waqasma
2011-11-20, 11:47 PM
There is a very simple method of Forex trading, which is that you should analyse the market with your best knowledge and then on the right time take the entry with stop loss and take profit limits and must take profit in little pips like 10 or 15. Then increase it.
yogesh
2011-11-20, 11:49 PM
Just make an entry with stop loss and take profit limts and close the platform for some time, go out side do other works, listen songs. and then come back to see whether you took the profit or comes out with the loss, if u get loss then find out the problems.
I know most of traders do this and they open the trade and leave it on target and stop loss whichever triggers first. But i dont do this i try to watch when my trades are open and if i am in profit and feel price reversal i close the trade booking profit that help me have more winning trades.
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