Rules for Controlling Emotions in your Trading. [Archive] - Page 3 - Forex Forum India

suhasrn

2012-10-29, 11:14 PM

The post is very informative & knowledgeable. I think all the points for controlling emotions are covered. But what I feel is Stop loss should be between 30-40 pips. As i prefer for the same.

---------- Post added at 11:14 PM ---------- Previous post was at 11:11 PM ----------

Me like above post. I think all the points for controlling emotions are covered. But what i think stop loss should be between 30 to 40 pips. As I prefer the same.

pish

2012-10-29, 11:36 PM

be calm when you are trading is what your heart will be a good trading situation.
always make sure that you have enough to avoid you from panicing and make sure that you understand trading itself.

budis

2012-10-30, 03:33 AM

psychology we must be prepared before we get into the market especially until our emotions blindly tossed by the market because it is too long to monitor the price so we took the decision slah caused by greed and panic

eng2012

2012-10-30, 03:52 AM

We must commit ourselves well to those important rules that help us to control your emotions so that we can easily achieve profit or soak in big losses

heru

2012-10-30, 03:58 AM

This topic will help to control emotion. In Forex emotion attract very strongly. High liquidity is one cause of it. But emotion is a enemy. Truly say that emotion not possible to control finally. But need limitation for success. Well education and experience can control this enemy. Maximum time Emotion make success. But some of time it make me loser. So need set our position in a comfortable position.
Discipline also another cause of controlling emotion.

yups, controlling emotions is a difficult one in the world of forex business, we need time, patience, and even the bad experiences that we can learn and discipline is a very important role of the successful control of emotions

fibo

2012-10-30, 04:15 AM

I'm with you this good rules to control emotions while trading in the forex market .. I use some ... The most important point is to set a goal to reach him and that is achieved .. Must stop trading in and out of the market for a while .. Until you feel comfortable and able to regain full focus and away from the greed
For me discipine and good money management is the key, because money management is that set everything up, then I'm sure that's what makes a trader could be great, however, and also must have a lot of ways to be successful in order not to lose money first before you'd reached the stage

oreoluwa

2012-10-30, 04:46 AM

well i think i will agree wit you that trading with the same numbers of lot can really help control the level of emotional trading and also make use of stop lose can also help go a very long way based on my understanding because with proper use of stop lose we can trade and have our mind at rest

blackjack

2012-10-30, 04:58 AM

nurhidayah

2012-10-30, 05:03 AM

I agree with you my friend, I think controlling emotions is one of the keys of success in forex market, for me i can control my emotions only if i close my account, i mean when i make my analysis and i decide to open a position , I place my orders of take profit & stop loss, then I just stay away from the chart, It's the best method for me .

keys to success that can be obtained from the rules themselves by looking at every opportunity with a variety of methods and rules that direct trade trader towards better and can be adjusted with a reasonable measure of trade rules that have gone through during this

babayuyu

2012-10-30, 05:26 AM

An easy way to control emotions is to eliminate the desire for a large profit in a short period of time. This method will stop the transaction after the target is reached that does not give you the possibility of doing transactions that make you experience loss.

fahim017

2012-10-30, 10:47 AM

Control over your emotions in Forex trading exchanges are very important and we have to have a very important during trading. Strong emotions and cause great losses due to the weak sentiment in the loss. I have some losers. and so we made our position in a relaxed position.

shohagpal

2012-10-30, 11:24 AM

Emotions are "feelings on the inside caused by pain or pleasure that are trying to move you in a certain direction." Think of emotions as the steering wheel of your life; they determine the direction you go in. When you have negative emotions, they will lead you in a negative direction; when you have positive emotions that are in line with the Word of God, those emotions will lead you in the direction God desires.

maryam

2012-10-30, 03:51 PM

I still do not have a good technical analysis,
only rely on signals from the free signal providers as well as forums like this,
still difficult to use or study analysis.

FREEDOM

2012-10-30, 03:54 PM

I think only 5% traders can trading without emotions around the world, because it is inside ourself and sometime it is really hard to control, especially if we are in minus position and we want it to recovery as soon as possible, then we are open another order with double lots size.

lanre01

2012-10-30, 04:03 PM

Forex is not a science, its rather an art, controlling of emotions has to do with experience, as you trade, you gain experience which makes you a better trader.

executor

2012-10-30, 05:03 PM

Hi guys, recently I have had trouble controlling my emotions while trading and lost all of my profits due to error in judgement. I become overconfident or trade higher volumes to cover my losses so I made myself a set of rules to control my emotions. I would like to know what you think about them, and would appreciate any advice you can give. I have read the other topics concerning this on this forum and think I learned abit from it. Keep in mind that I do scalping.

1. When I start trading I decide on how much I want to win and how much I am willing to loose in terms of pips. When I reach my goal or I loose too much I will stop trading for at least a couple of hours.

2. I will make all my trades with the same lot size, regardless of how strong I feel the signal is. Instead I will keep the trade open longer if I feel I can win more.

3. I will alway put a top loss 5 pips under my entry point.

4. After 3 of my trades in a row result in losses I will stop trading for at least 4 bars on the 15min chart (1h) and just keep on watching the market and try to figure out why I predicted it wrong.

5. I will keep track of how long I trade and won't continue to trade more than 2 hours without taking at least a 15min break.

6. When I can't concentrate enough to just watch market movement for 5 minutes and not do anything else I will close the terminal and return at another time when I will be concentrated only on trading.

Please feel free to add any advice or comments and thanks for your help :good:

Good advice for the development of trading psychology. Controlling emotions is very difficult to implement, so it takes a long time to make improvements psychologically. Only those who are patient and persevering can do this.

Hansip

2012-10-30, 08:17 PM

Good advice for the development of trading psychology. Controlling emotions is very difficult to implement, so it takes a long time to make improvements psychologically. Only those who are patient and persevering can do this.

to control emotions is very important in Forex trade. Mostly trader makes mistakes in trading while their emotions are out of control. So always control on your nerves to be a successful trade.

nory

2012-11-01, 07:52 PM

trading rule also depends on personal
I also really enjoyed my rule scalping and profit by scalping
but his eye was tired when scalping

nasim39

2012-11-01, 09:36 PM

i will also follow this , but you have to increase the value of stop loss 40 points. But you will left the important thing that is News which is published by the Govt.

radzo

2012-11-03, 02:13 PM

system trading system with almost no indicators at all, so just rely on price action and support points as a guide op position ressistence

rashedul

2012-11-03, 04:31 PM

This topic module provide to manipulate emotion. In Forex emotion attract rattling strongly. Overlooking liquidity is one reason of it. But emotion is a foe. Genuinely say that emotion not executable to test finally. But condition limitation for success. Surface pedagogy and have can mechanism this adversary. Maximum indication Emotion represent success. But some of abstraction it tidy me unfortunate. So necessary set our Correct also other drive of controlling emotion.

maajaan

2012-11-03, 04:37 PM

The most essential problem is a excellent technique with a better investment control can be effective if you do so, and earnings from the investment investment or outside the fit will be obtained not want to complete it never took place to make up for the reduction procedure.

abnoman

2012-11-03, 05:39 PM

Dear It is too very difficult to control emotion in forex . Because you wine one trade with low lot size . then you think op if it be some beg lot size i would earn big money. so this is why . next trade you take big lot size. then you be lose. so this is why . we have to one rules for all trader.

Thanks

FREEDOM

2012-11-03, 05:45 PM

Control emotion will bring a good future in forex because forex is full of risk, so any small emotion can ruin the trading plan and the result could be a bad. So, the emotion controlling is really importance in forex, and we mustn't wasting our money for emotions.

hilman

2012-11-04, 12:15 AM

In trading there we need to give concentration to the 3M concept.mind,method and money management.all these element are very crucial.method, there are so any of them,most of them are consistent.same goes to money management.but mind is very subjective.

I also started wearing since last month, and is promising as well,, the price movement becomes more readable, so that is quite helpful for this ..

andreas

2012-11-04, 12:23 PM

when beginning to know forex,.
failure by even want much time to sleep and study for chart,.
severe drowsiness even more awesome then the open position,.
which eventually fell down to the MC,.
therefore let us prepare time and target as the trading rules,.

suzonbmw

2012-11-04, 12:32 PM

But I usually only open trades to get 10-15 pips. So what do you think my s/l should be then,which motivates me to continue and follow-up transactions created by.

asmakhatun

2012-11-04, 02:02 PM

But I ordinarily exclusive arise trades to get 10-15 pips. So what do you suppose my s/l should be then, about 10 pips? Drive yes it has happened before that there was a modify and I mislaid my investment but then it jumped mitt stake but it's actually rarefied, at lowest I don't see it real often.

hazem.hassan

2012-11-04, 03:09 PM

ayan12

2012-11-04, 03:52 PM

ager ap nay market news ko follow ker kay trade ki hay or ap ko lagta hay kay market ka trand ajj kaya hay .to ap take profit laga ker us trade ko chor dain .meray hisab say ya sab say acha tarika hay apnay emotions ko control karnay ka.

suzonbmw03

2012-11-04, 04:33 PM

But I usually only open trades to get 10-15 pips. So what do you think my s/l should be then, about 10 pips?Strong emotions leads to high losses and weak emotions leads to losses.

Khan Mustafiz

2012-11-04, 04:38 PM

One should begin dealing when we must keep to the guidelines for feelings.
Need to pay attention to a lot of research and publications financial and governmental .I consent with you in this your factors and I'm having the same issues that I defeat most of them by Follow-up financial produces and the nationwide economic system and international interest and really like of creating an effect on my really like and not to quit dealing .

munna khan

2012-11-04, 06:46 PM

الدرهي بجمعة

2012-11-04, 07:21 PM

تريد ان تكون شئ في هده الحياة تريد ان تستغل اوقات فراغك تريد ان تكون شخصا مفيد لبلدك
ايها الشباب استغلوا اوقات فراغكم ليكن لكم هدف في الحياة تجنون به الارباح و المال
ايها الشاب كن عضو فعال في المجتمع لاتخادك الفوركس صديقا و معالما تابر علي الفوركس
اقرأ كتب الفوركس و التحليل الفني فستأخد المعرفة و التجربة و الدرابة
يعطيك هادا المجال التداول في الفوركس و كون لنفسك استراتجية
بدالك يسهل عليك التدوال في العملات الاجنبية المزدوجة
وقد تتفتح لك الاسواق في عالم المال و الاعمال
كل هدا في محبتك في الفوركس و تعاملك مع الفوركس
بدلك تسيطر علي عواطفك و توجه مواهبك و تصبح رجل مهم في المجتمع

blitzkrieg

2012-11-04, 07:24 PM

aiiu

2012-11-04, 09:18 PM

3. I will alway put a top loss 5 pips under my entry point.

lol, did you really do this ? 5pips stop loss with spread 3pips so its must be 2 pips stop loss, you trade will be closed and got loss whenever the market against you for 2 pips

aisfx

2012-11-05, 04:43 AM

In Forex emotion attract very strongly. High liquidity is one cause of it. But emotion is a enemy. Truly say that emotion not possible to control finally. But need limitation for success. Well education and experience can control this enemy.

forex trader should be able to do the controlling emotions.forex trading strategy in accordance with the capabilities and trading plan so it will not be greedy and emotional sat forex trading, always use a stop loss strategy use money management

fxeon

2012-11-05, 06:47 AM

forex trader should be able to do the controlling emotions.forex trading strategy in accordance with the capabilities and trading plan so it will not be greedy and emotional sat forex trading, always use a stop loss strategy use money management
Well if you want to trade successfully then you should follow some important rules ,such as do not take risks more than 5%also never be agitated on your trading,also always keep your mind cool and keep patient.

zahira

2012-11-05, 07:10 AM

Well if you want to trade successfully then you should follow some important rules ,such as do not take risks more than 5%also never be agitated on your trading,also always keep your mind cool and keep patient.
Yes Use money management means let our capital be safe . Most of traders just want to make money but did not care how to be safe . This is their mistake which leads them get loss .

pisses[69]

2012-11-05, 07:23 AM

controlling emotion can be done by different ways and the one that suit me the best is by using trading plan
and stick to it so i can be consistent no matter what happen in the market. also, i have to watch my position.
I am newbie in forex market,have a good trading system, have a clear trading plan, have extensive knowledge in the field of economics or politics to be able to do the analysis properly. Cover the loss with confident and patience. Then you will become a good traders.

indafx

2012-11-05, 03:18 PM

as a trader I had already realized that sometimes it is not easy to control the emotions, especially when you're experiencing a great loss, a great loss condition likely to affect decision-making.

to it that no one in decision making, then all orders I've based trading plan, trading only in the direction of the major trend, do a good fund management, aware of the risks in forex trading.

and if indeed my loss, as I had to cut trading plan then I would cutloss loss. This thing will not overwhelm my emotions because I've acted in accordance trading plan.

nory

2012-11-05, 04:05 PM

Therefore forex psychology is very important. Experience, focus and believe in one trading system (of course that has been tested, at least win> 80%). observe the chart to get a good entry position (and sure of course) and if you can immediately wrote his set TP and SL

lanre01

2012-11-05, 05:40 PM

nice one if you continue with this you will really make money, emotion is the main reason why people lose their money trading forex market.

radzo

2012-11-05, 09:55 PM

initial search and search systems. fully indicators. start now looking for another system. focus only on the 1-3 system. if there is a loss does not mean that his system is not profitable. trying to believe it

Chaudhry

2012-11-05, 09:58 PM

mein apnay emotions or greed ko hamesha control mein rakhta hou or relax ho kay trading kerta hou or achi forex strategy say trading kerta hou mein daily20 pips say zada trade nahi kerta isi liye abi tak successful hou trading mein .

ishvara

2012-11-06, 12:30 AM

If we want a big boost in the control of our emotions in this forex business, then a trader should use money management. This means a trader will use small risks and then these traders would not be having too much emotional problems in their trading.

---------- Post added at 08:00 PM ---------- Previous post was at 06:31 PM ----------

;1339032']I am newbie in forex market,have a good trading system, have a clear trading plan, have extensive knowledge in the field of economics or politics to be able to do the analysis properly. Cover the loss with confident and patience. Then you will become a good traders.

Yes those things that you have listed are the main things that a trader needs in this business in order to be successful. Knowledge about everything about forex leads us to make the right decisions and thus the right results in forex.

youngest

2012-11-06, 04:44 AM

while trading forex emotion is one of the thing that kills a trader in the market. when your analysis fails you, the trader goes on to panic, and that might cause him severe loss during trade. for me i do not think there is rule on how to control your emotion. each trader has his own way of dealing with it to avoid great loss. for me, what i does is to keep telling my self to relax that i am a good trader that helps me a lot to control it.

Mas

2012-11-06, 12:48 PM

Hi guys, recently I have had trouble controlling my emotions while trading and lost all of my profits due to error in judgement. I become overconfident or trade higher volumes to cover my losses so I made myself a set of rules to control my emotions. I would like to know what you think about them, and would appreciate any advice you can give. I have read the other topics concerning this on this forum and think I learned abit from it. Keep in mind that I do scalping.

1. When I start trading I decide on how much I want to win and how much I am willing to loose in terms of pips. When I reach my goal or I loose too much I will stop trading for at least a couple of hours.

2. I will make all my trades with the same lot size, regardless of how strong I feel the signal is. Instead I will keep the trade open longer if I feel I can win more.

3. I will alway put a top loss 5 pips under my entry point.

4. After 3 of my trades in a row result in losses I will stop trading for at least 4 bars on the 15min chart (1h) and just keep on watching the market and try to figure out why I predicted it wrong.

5. I will keep track of how long I trade and won't continue to trade more than 2 hours without taking at least a 15min break.

6. When I can't concentrate enough to just watch market movement for 5 minutes and not do anything else I will close the terminal and return at another time when I will be concentrated only on trading.

Please feel free to add any advice or comments and thanks for your help :good:

I think you have explained the good points about my emotions will follow you this way so that I can be successful, but you have to increase the value of stop loss of 50 points. But you'll leave the important thing is news issued by the Government or the country concerned in the currency that we sell is bought

nasim39

2012-11-06, 01:45 PM

you have to increase the value of stop loss 40 points. But you will left the important thing that is News which is published by the Govt.

25+

2012-11-06, 05:14 PM

Hi guys, recently I have had trouble controlling my emotions while trading and lost all of my profits due to error in judgement. I become overconfident or trade higher volumes to cover my losses so I made myself a set of rules to control my emotions. I would like to know what you think about them, and would appreciate any advice you can give. I have read the other topics concerning this on this forum and think I learned abit from it. Keep in mind that I do scalping.

1. When I start trading I decide on how much I want to win and how much I am willing to loose in terms of pips. When I reach my goal or I loose too much I will stop trading for at least a couple of hours.

2. I will make all my trades with the same lot size, regardless of how strong I feel the signal is. Instead I will keep the trade open longer if I feel I can win more.

3. I will alway put a top loss 5 pips under my entry point.

4. After 3 of my trades in a row result in losses I will stop trading for at least 4 bars on the 15min chart (1h) and just keep on watching the market and try to figure out why I predicted it wrong.

5. I will keep track of how long I trade and won't continue to trade more than 2 hours without taking at least a 15min break.

6. When I can't concentrate enough to just watch market movement for 5 minutes and not do anything else I will close the terminal and return at another time when I will be concentrated only on trading.

Please feel free to add any advice or comments and thanks for your help :good:

I usually just open up trade to get 5-12 pips So what do you think I should keep trying later on,
Cause yes it has happened before that there was a surge and I lost my investement but then jumped right back but it is really rare so I will use it all to my success

maaado

2012-11-06, 06:29 PM

I agree with you in this your points
Listen to a lot of analysis and periodicals economic and political
Start trading when we must keep to the rules for emotions
Listen to the lessons of human development, which motivates me to continue and follow-up transactions created by

Gatu

2012-11-06, 06:32 PM

the of emotional trading should be well observed and most of these time you have to be very careful in doing so, just avoid doing crazy things in trading and making some poor trading decisions that will make you understand your trades.

nory

2012-11-06, 07:32 PM

should serve as the rules also trading hours, as I was trading only 2 hours, whatever the result it received with sincere, if it had been 2 hours already completed and started activities as usual, with family, relatives and friends

dareking

2012-11-06, 07:59 PM

3. I will alway put a top loss 5 pips under my entry point. <--- you have to think also that in the fx market, we are not alone, we fight another trader in opposition to us, we are also against the dealer who reads the position where we are in place the stop loss. Its too tight, susti

bhai aapne sahi kaha hai, ye forex market mein humari fight dusre trader ke saath hoti hai, aur jaha ka palu bhari hota hai, market wahi jati hai, aisa bas technical mein hota hai, lekin fundamental mein market sirf news jaisi hoti hai, waise hi market jati hai.

lionfx

2012-11-06, 08:05 PM

The guidelines are excellent and the very best factor about the guidelines is that these are very simple to be used by even all of us.The stop-loss is the very excellent attribute of your technique and more so the addiction of avoiding the business for a while is also excellent and i can avoid us from the revengeful dealing.

robot

2012-11-06, 09:12 PM

nurhidayah

2012-11-07, 12:05 AM

Many things that concerning emotion which often make you loss on your trading. You can think of your other bad habit that often you do, whenever you are in a bad mood to do a trading, and you can start to make the rule to eliminate all your bad habit one by one. I hope you will try to manage your emotion. However, although you are very smart, without emotional management, you would fail sooner or later. Then, if you want to become the 5%, you must defeat your emotion with emotional management.

emotional should be held and does not need to express the feelings that are too high can cause psychological effects traders themselves are not good and lead to things that are less satisfactory for the trader to live

nurhidayah

2012-11-07, 12:40 AM

I have had trouble controlling my emotions achieve a person's success, patiently waiting Start trading when we must keep to the rules for emotions 1. When I start trading I decide on how much I want to win and how much I am willing to loose correspond with what we expect.

This difficulty is often to make us have to think again and again about the rules just to be clear, we align it with the methods that we understand the acts of respect and quickly provided in accordance with the methods and strategies that are appropriate rules

itsmenadim

2012-11-07, 12:44 AM

It is important to control emotions in professional work. You write exactly right. I'm really inspired by your post! It is really a great post from my point of view! Thanks.

nurhidayah

2012-11-07, 12:47 AM

It is important to control emotions in professional work. You write exactly right. I'm really inspired by your post! It is really a great post from my point of view! Thanks.

our emotional control in ways that are deliberately to keep us understand the various rules that we go through before we experience when we are using excessive emotion and emotions are not so interesting for we can not understand is ****ually

aisfx

2012-11-07, 04:26 AM

our emotional control in ways that are deliberately to keep us understand the various rules that we go through before we experience when we are using excessive emotion and emotions are not so interesting for we can not understand is ****ually

looks profitable forex trading strategy if you use controlling emotions so it will be more stable emotions, but it also understands the forex trader technical analysis, fundamentals, have a trading plan and money management in order to secure capital

yousef3elwan

2012-11-07, 04:32 AM

with you in this your points and I'm having the same problems as you, but I beat most of them by Follow-up economic releases and the national economy and global passion and love of making an impact on my love and not to stop trading Listen to the lessons of human developmentimpact on my love and not to stop trading Listen to the lessons of human development,

munikishore

2012-11-07, 12:28 PM

5 tips to help control your emotions when trading
1.the fear of missing out
2.treat trading like a business
3.learn something new about trading
4.paper trade until you fall over
5.perform some indepth market research

manav14386

2012-11-07, 02:15 PM

i think one who wants control his emotions then practice it in demo account..treat demo account like real account and learn how to deal with thes emotions..it is the best solution..

saqib160

2012-11-07, 04:16 PM

yes u are right ma ap ki post sa agary karta ho ap na bohat ache tarke sa emoton ka bare
ma detail sa batyea ha, ap ki post sa muje bohat faida huwa ha thankyou

yudijoni

2012-11-08, 12:19 AM

CR 7

2012-11-08, 12:46 PM

that is to say so when he opened the market .. signal does not immediately appear???
I am so confused .. ??? it always like that?? or not?
new movement started 1 hour after opening ..

genjer fx

2012-11-09, 02:34 AM

I think Emotions is great factor which will influance our decision to make an order. Many trader even already have good system and strategies but they cannot control their emotions will get loss their money. Because of that, trading is emotions war inside us. The trader who can control his emotions will decide he can become a trader or not. But i believe if we are tried hard. Nothing is impossible in this world. Emotions is hard to control, but we must try it because it was worthed.so ,keep your emotions

radzo

2012-11-10, 07:36 PM

If exposed to floating minus define when we cut loss not to MC. Then immediately stop trading. Turn off the computer continues to live play or a walk ... then after a while we can trading again. The Point is the importance of the use of lots are reasonable ...

In addition to the signal to the OP, the indicators that we use can also be a reference to position the right TP + SL.
So when the signal suddenly reversed course we can already anticipate to avoid the possibility of more big loss again.

aray

2012-11-13, 07:49 AM

toyfur2

2012-11-13, 08:11 AM

Living Beyond Your Feelings: Controlling Emotions So They Don't Control You .... It is due to rebellion and perhaps a lifelong habit of letting her emotions rule. ... Sadly, I didn't know how I would be either until my feelings informed me.

rebate lover

2012-11-14, 05:06 PM

okay i think will practice this rule to see how far i can really go with this but i think 5 pips under my entry point is very short for a stop lose because of a revers so 10 pips can really help protect the revers that i think is the best but when am through in the demo i shall get back to you with the feedback

abi_man

2012-11-14, 06:22 PM

FREEDOM

2012-11-14, 06:31 PM

We can't trading without emotions because we are human being and not a robot, but we can control the emotions with many ways. Some of ways such as : daily target with reasonable and achievable, or having a break after sufffered a lost.

pedagang

2012-11-14, 07:41 PM

I think it would be okay to practice rule is to see how far I can really go with this but I think 5 pips below my entry point very briefly to stop loss of 10 pips as revers so can actually help protect revers which I think is the best but when I go through in my demo will get back to you with feedback

rokonripon

2012-11-15, 12:45 AM

To control my emotion I try most of time to be cool and patience. But in any case temperature increased, I walked out my machine and drink a lots of water and food.
I also try to gossip with my child and wife too.
It's an interesting experience for the married person which really helps me to be mentally strong.

perez

2012-11-15, 01:56 AM

Maybe as I type.
TP put up little to discipline propit and greedy.
SL put up big as one indication of our analysis.
Everyone has their own comfort with trading.
So it's not a problem g logical and illogical.

Engr68

2012-11-15, 02:47 AM

You may have read my pinned thread at the top of the section "Realistic tips for surviving the end of your relationship" and the 3 rules that I talk about.

I thought it would be interesting and hopefully amusing to do a live exercise on applying the three rules when the right situation arises.

rajon999

2012-11-15, 07:43 AM

You are great & i am very much proud your nice comment. When we trade in forex then I have to take my own decision for good trading beside good news. it is help us good profit. emotion is most important for good trading so it is control must be.

mahe

2012-11-15, 08:00 AM

your rule number one and two are really good . But your putting stop loss of 5 is too tight and it will lose your trade mostly. We pay around 3 pip spread each order so the moment you enter trade it shows you three pip loss already. Iff you want to follow 2:1 reward to risk ratio, you stop loss 10 and take profit 20 . This will be profitable for you.

sahuri

2012-11-15, 10:53 AM

My rules GU rather wild character I also like it, because the consequences of wild pairs of SL rather wide though not struck by, TP also larger and the daily range is also wider than the other pair

rajakhulna27

2012-11-15, 10:59 AM

Emotion is the part of success trading system. I think it is very important to manage our emotion when enter to the market, set SL and TP, when close position , and also emotion is mother of your trading system. If you have good strategy then you can win too.

hashmat

2012-11-15, 11:37 AM

yes same way to controled emotion and i think its best way to controled our emotions in forex trading, and you have work hard in this field of forex trading,to make be a good trader in forex market and its best,

posycns

2012-11-15, 11:38 AM

But I usually only open trades to get 10-15 pips. So what do you think my s/l should be then, about 10 pips? Cause yes it has happened before that there was a spike and I lost my investement but then it jumped right back but it's actually rare, at least I don't see it very often.
The best opportunities present themselves during periods of extreme volatility. So if you�re watching the Forex online, you�ll want to pay closer attention to the hours when the European and American market sessions overlap.

somupriti

2012-11-15, 11:52 AM

Many times a greed attitude is dangerous and also a importunate attitude becomes very dangerous in trading and that leads to rising emotional pressure of loss. So avoid all such attitude that seem leading you towards greediness and importunity to keep cool with the steady progress.

forexsky

2012-11-15, 11:57 AM

han mai aapke post ke sath sahmat hun ,aapne emotion ke jo point samjhaye hain unse purnrup se sahmat hun.emotion control ke jo tarike batye hain best hain

heartlove

2012-11-15, 03:31 PM

If you reach target whatever it is profit or loss then you should not continue trading,
AN dby doing this you can really stop your emotion to invane your trade.

kamarmandi

2012-11-15, 03:48 PM

great and I am very proud of your nice comments. When we trade in forex then I have to take their own decisions to trade on either side of the good news. it helped us a good advantage. emotion is the most important for a good trade so that the control should be.

mandaufx

2012-11-15, 06:48 PM

to control emotions I usually make a small calendar notes always say stick my screen, writing "do emotions, adjust to the initial plan." and it still works

dollar

2012-11-15, 06:52 PM

Hi guys, recently I have had trouble controlling my emotions while trading and lost all of my profits due to error in judgement. I become overconfident or trade higher volumes to cover my losses so I made myself a set of rules to control my emotions. I would like to know what you think about them, and would appreciate any advice you can give. I have read the other topics concerning this on this forum and think I learned abit from it. Keep in mind that I do scalping.

1. When I start trading I decide on how much I want to win and how much I am willing to loose in terms of pips. When I reach my goal or I loose too much I will stop trading for at least a couple of hours.

2. I will make all my trades with the same lot size, regardless of how strong I feel the signal is. Instead I will keep the trade open longer if I feel I can win more.

3. I will alway put a top loss 5 pips under my entry point.

4. After 3 of my trades in a row result in losses I will stop trading for at least 4 bars on the 15min chart (1h) and just keep on watching the market and try to figure out why I predicted it wrong.

5. I will keep track of how long I trade and won't continue to trade more than 2 hours without taking at least a 15min break.

6. When I can't concentrate enough to just watch market movement for 5 minutes and not do anything else I will close the terminal and return at another time when I will be concentrated only on trading.

Please feel free to add any advice or comments and thanks for your help :good:

I agree little bit with you.
but that is not enough for controlling the emotion. if we want to control the emotion then your first think calculate profit in term of pips not in term of money. second and most important thing that our trade must be in money management and always with stop loss.

kum

2012-11-15, 07:27 PM

some people are restricting trading on day 2 and there are certain deliberate no trading on a particular day with a particular reason
Friday is usually a day off related to trust her special day Muslim holiday that Friday as day of the week is generally compulsory

Hansip

2012-11-15, 08:53 PM

I agree little bit with you.
but that is not enough for controlling the emotion. if we want to control the emotion then your first think calculate profit in term of pips not in term of money. second and most important thing that our trade must be in money management and always with stop loss.

emotion in trading is very bad thing.trading properly is not possible for those who are emotional in forex trading.you must have to emotionless for making success in forex trading.so control your emotion while trading in forex market.

nurulkabir

2012-11-16, 01:13 AM

Dear Emotion is most one harmful thing in forex. so we have to control this emotion . Besides that we have to more practice and learn more.

Thanks

rebate lover

2012-11-16, 06:26 AM

Emotions we have and they are any different, but all people have the same emotions of greed. A trader when trading forex are still using a lot of emotion using very risk and without the capital and risk management, then get ready to feel the loss. They were professional traders prefer the safety of the profit / loss in the blink of an eye

fahim

2012-11-16, 06:28 AM

Today more than ever, many Christians are depressed, hurt, angry, and generally frustrated. They��re having a hard time believing the Word, and an even harder time figuring out why they struggle with so many negative emotions. Many think how they feel is a result of childhood pain

sayed1987

2012-11-16, 08:10 PM

I think the first step to controlling our emotions as traders is to identify, with specific terms, the exact sentiment behind the emotion. An emotion or sentiment that I often speak of is the feeling that you might be missing something if you do not enter a trade. A trade who is not in control of this process might enter a trade on less than ideal confirmations because they are afraid to miss the opportunity to profit. Making a profitable trade feels good. The risk of loss is ignored in those few crucial seconds before entering the trade in the desire to get that good feeling once again.

kamarmandi

2012-11-16, 09:02 PM

Forex trading has tested the efficacy of emotion and passion controls also need to be clarified for better circulation and leave greed and fear is one way to avoid the failure of restraint needed for Forex trading helps me look that much like me to control negative emotions

lot

2012-11-16, 09:04 PM

somupriti

2012-11-16, 11:04 PM

Getting over anxious often tends to increase in tension. If you could avoid anxiety while trading and concentrate on the logical aspect and defined goal then you could avoid tension and keep your self cool while trading. How ever keep it in mind that tension is a common factor while trading.

faruk339

2012-11-17, 12:20 AM

My rules for controlling emotions

---------- Post added at 06:50 PM ---------- Previous post was at 06:49 PM ----------

My rules for controlling emotion.
The late medieval commercial manuscript production created a market of private books, yet it still required the customer to contact the professional copyist with the book he or she wanted to have copied (see the Melusine illustration below) � a situation that again restricted the development of more private reading experiences.

CR 7

2012-11-17, 10:06 AM

Trading rules ........ I must be patient, disciplined and consistent.
wait: wait for that right moment for entry and closdding
discipline: discipline run MM and trading rules that have i made.
consistent: consistently profit and WD ........
Amiennnn.

k1mp0l

2012-11-17, 12:41 PM

addition to my
if to control the emotion on trading there are 2 ways
1.If already open position immediately closed metatrader
because if we continue to see metatrader and it was not profitable then we will be nervous, and then immediately close the position
2.If not really able to use a forex demo account first until you can and then you can be able to use a real account again

muksin

2012-11-17, 01:46 PM

good rule and I think the same offense ...

important that no 1 .. because if sure wants anyway,,, OP much by way of scalping,,

go up or down a little bit OP Op,, do sure the prices going where

saqib160

2012-11-17, 02:43 PM

thanks dear ma ap ki bate sa agry ho forex ma emoution ko cuntrol ma rakhna bohat zarori ha
aur ap na emounation cuntrol karne ka bohat ache ache points batye ha i like it..

lemurian

2012-11-17, 02:53 PM

nice steps and very helpul..and i believe this is a good thing from you for us, but how to keep them are good until we can do trade with well ? maybe the answer is back to us, we have to always discipline for any condition ..
well, i really like your advice here and i like to read and keep remind for point number 4...this is good for me

rubel

2012-11-17, 03:20 PM

Sports are a necessary part of life. And in all of them sports rules need to be firmly followed especially if we talk on the subject of safety in the early19th century when soccer was a well liked game has a set of rules but, without any referee to execute or impose these rules. Such rules in those times, does not have unambiguous stipulations, thus it became the reason of nuisance.

pooshpa

2012-11-17, 04:03 PM

yes i also agree with you but controlling emotions is very difficult job and if you have power to control over them then you will get success in this manner when you feel that your emotions going to over on you then it is very good for you to stop trade and take some rest and try to understand about market trend

suzonbmw03

2012-11-17, 04:12 PM

I will alway put a top loss 5 pips under my entry point. <--- you have to think also that in the fx market,ut you will left the important thing that is News which is published by the Govt. the market is depend in news only.

mostafaaa39

2012-11-17, 05:17 PM

but in my opinion, set a profit target before trading can also be a mental burden if the target is rarely met or had not even achieved at all. as well as the installation of stop losses that are too clos

jogoroni

2012-11-17, 07:31 PM

Control feelings is very necessary in Currency trading. the feelings is part of effective dealing plan. I think it is very importan to handle our feelings when coming into the industry, set SL, TP when ending the place, and even feelings is the mom of dealing plan.

belantarafx

2012-11-17, 07:34 PM

a trader must be able to control his emotions while trading. but in my opinion, set a target of earnings before trading can also be a mental burden if the target is rarely met or not met at all. as well as the installation of stop losses that are too close to the entry will be very easy to lose.

benderafx

2012-11-17, 08:02 PM

Techniques to control your emotions are very well planned and I think that everyone has their own style and technique that best suits him just like you. You have developed your own style that I think every trader should do .. we have to develop his own style of trading and it is the best strategy for yourself

aasghar

2012-11-17, 08:26 PM

I read out your all ideas and all given other comments I will try all these one by one because I develop my all strategies to control emotions but I was completely fail in this struggle, So thanks to all for providing ideas.

radzo

2012-11-18, 02:33 AM

been 2 weeks, I am not loamy fundamental OP at all hhaha,,
try this strategy-it becomes even loss continues,,, I again seek the experience while learning too,,
but all strategies are almost got one thing in common: Assure Trend up / down the new OP

rebate lover

2012-11-18, 02:40 AM

your rules are very good and every trader who wants to be successful should follow these rules, as these rules are needed above all for becoming a successful trader, i also always try to follow all these rules, but sometimes i couldn't control my emotions and once a while i open bigger lots..

6365

2012-11-18, 05:11 AM

Hi guys, recently I have had trouble controlling my emotions while trading and lost all of my profits due to error in judgement. I become overconfident or trade higher volumes to cover my losses so I made myself a set of rules to control my emotions. I would like to know what you think about them, and would appreciate any advice you can give. I have read the other topics concerning this on this forum and think I learned abit from it. Keep in mind that I do scalping.

1. When I start trading I decide on how much I want to win and how much I am willing to loose in terms of pips. When I reach my goal or I loose too much I will stop trading for at least a couple of hours.

2. I will make all my trades with the same lot size, regardless of how strong I feel the signal is. Instead I will keep the trade open longer if I feel I can win more.

3. I will alway put a top loss 5 pips under my entry point.

4. After 3 of my trades in a row result in losses I will stop trading for at least 4 bars on the 15min chart (1h) and just keep on watching the market and try to figure out why I predicted it wrong.

5. I will keep track of how long I trade and won't continue to trade more than 2 hours without taking at least a 15min break.

6. When I can't concentrate enough to just watch market movement for 5 minutes and not do anything else I will close the terminal and return at another time when I will be concentrated only on trading.

Please feel free to add any advice or comments and thanks for your help :good:

some of your points are well organized which will be useful for newbies, but when it comes to placing stop loss 5 pips below the opening price is a bad idea. In that case there are lot of chances to see price hitting Your SL in almost all trades because its a very tight Stop loss.

rianta

2012-11-18, 07:58 AM

controlling emotions is never an easy, but I think it all depends on the willingness of us if we have a strong will to be patient then we would be very easy to control our emotions. besides learning to control emotions should we do

mainuddins

2012-11-18, 09:32 AM

i consent with your publish, you have described excellent factors about the feelings i will also adhere to this , but you have to improve the value of stop-loss 40 factors. But you will remaining the main factor that is Information which is released by the Government. the industry is rely in news only.

Hidden Rain

2012-11-18, 10:12 AM

for me,, how I controlling my emotion is make a trade plan on weekend and execute them on chart, I m not predict the market just try to filter which pair that i will use or trade next week, if when the price running is not the same with my analysing, that the time i will react with market. by having a trade plan we can control our emotion to trade others pair instead our plan

nabiFX123

2012-11-18, 12:02 PM

We need good emotion control to win all our transaction. we have to patience and discipline following our trading rule. Break out trading rule only cause suffer.

oshim

2012-11-18, 12:03 PM

OK, I think I've showed plenty of examples of how these kind of patterns lead to strong support and resistance lines. Now go check it out for yourself.:accute:

pedagang

2012-11-18, 08:27 PM

I hope it's really Hempen emotional strain criteria for trade because when the bidder is a real revenue he teased but when he lost his mind then so is incalculable. The second situation is a striker for the command. But who was in this position is a winner.

rahim

2012-11-18, 08:28 PM

pooshpa

2012-11-18, 09:41 PM

Jhat tk to maty emotions ki baat hy to main n k o control krny main pehly fail ho gea tha or is ki waja sy mujhy margen call tk ka samna krna pera then main ny is mian yahi kam kea k jab main is main profit gain krta tha to us time joy main ghalt trade krny ki bajy main is ko leave kr daita tha or jab main market ko sahi tra samj pata then is main trade krta

rebate lover

2012-11-19, 04:57 AM

Emotion are tough to take care of after we started obtaining lots of minus we have a tendency to are more and more losing management doing unsafe things like against the market. Lastly minus amplified stack a matter of your time for the MC. this can be proof of dangerous if we have a tendency to derive pleasure sensation.

sahuri

2012-11-19, 06:26 AM

other than the key to successful trading forex fly due to several factors of which observe the market and continue to learn discipline and consistent run its trading system for a newbie like me find this forum very helpful in learning forex world

yunicharlita

2012-11-19, 08:36 AM

I think, to control my emotions when trading, i only need to control the greed to not be too greedy in taking profit, so lost in my anticipation is too much, I just need to be patient, and do not be hasty in taking a position, and the latter is not too greedy for profit taking as much.

rislama

2012-11-19, 12:23 PM

I don't have any unscheduled predetermined limit for managing feelings. Fulfill that, when i couple the amount to reduction if my research goes disfavor, i property get the best of, so i provide stop reduction to self-discipline my feelings.

sayidatul

2012-11-19, 12:32 PM

if a trade trust to his strategy since it has a safe system and since it will protect him.then he can just follow it and relax.no more fear no more panic or greed.the emotions will come out with newbies much since they are trading without set rules and without a strategy and system.

sachin

2012-11-19, 02:23 PM

Man is not out of emotion.But there should have a limitation of emotion and emotion is one of the most important matters in forex market because of this many of the trader specially new beginner loss their money in forex market.For this one should have lot of experience such as patient need to control emotion and i suggest demo account trading is so much helpful.

k1mp0l

2012-11-19, 03:50 PM

if I agree with taking only 5 pips because if we are greedy then maybe we will lose money and keep your emotions
when trading forex if you want to try trading with a demo account first but I think I use it to train real emotion

Bever

2012-11-19, 03:55 PM

Today more than ever, many Christians are depressed, hurt, angry, and generally frustrated. They’re having a hard time believing the Word, and an even harder time figuring out why they struggle with so many negative emotions. Many think how they feel is a result of childhood pain or family history. While that may be a small part of the issue, I’d venture to say that almost 95 percent of the negative emotions people face daily, are the result of negative words that oppose the Word of God.

mandaufx

2012-11-19, 04:49 PM

For me discipine and good money management is the key, because money management is that everything is set up, then I'm sure that makes the trader could be great, however, and should also have lots of ways to be successful in order not to lose money first before you will reach the stage that you want. always keep your discipline and MM

trqlslm

2012-11-19, 05:44 PM

i reputation with your publish, you have described amazing factors about the feelings i will also conform to this , but you have to improve the value of stoploss 40 factors. But you will remaining the key that is Details which is released by the Government. the industry is rely in information only.

mszman

2012-11-19, 05:56 PM

My rules for controlling emotions

Hi guys, recently I have had trouble controlling my emotions while trading and lost all of my profits due to error in judgement. I become overconfident or trade higher volumes to cover my losses so I made myself a set of rules to control my emotions. I would like to know what you think about them, and would appreciate any advice you can give. I have read the other topics concerning this on this forum and think I learned abit from it. Keep in mind that I do scalping.

1. When I start trading I decide on how much I want to win and how much I am willing to loose in terms of pips. When I reach my goal or I loose too much I will stop trading for at least a couple of hours.

2. I will make all my trades with the same lot size, regardless of how strong I feel the signal is. Instead I will keep the trade open longer if I feel I can win more.

3. I will alway put a top loss 5 pips under my entry point.

4. After 3 of my trades in a row result in losses I will stop trading for at least 4 bars on the 15min chart (1h) and just keep on watching the market and try to figure out why I predicted it wrong.

5. I will keep track of how long I trade and won't continue to trade more than 2 hours without taking at least a 15min break.

6. When I can't concentrate enough to just watch market movement for 5 minutes and not do anything else I will close the terminal and return at another time when I will be concentrated only on trading.

Please feel free to add any advice or comments and thanks for your help
why are you afraid to trade? Theirs only one reason that I can think of and that is lack of understanding on how to make profit in forex.

yudi

2012-11-19, 08:36 PM

This subject will help to management sentiment. In Forex sentiment entice very highly. High assets is one cause of it. But sentiment is a attacker. Truly say that sentiment not possible to management finally. But need restriction for achievements. Well education and experience can management this attacker. Highest possible time Emotion create achievements. But some of your energy and energy it create me loss. So need set our place in a comfortable place.
Discipline also another cause of managing sentiment.

oreoluwa

2012-11-20, 04:35 AM

well i think i have to agree with you that stop lose is also one of the best way to protect our account and to be at the positive side of the market so pips after placing the trade really goes a very long way in making the best way to control our emotion in the forex trading thats i agree

rebate lover

2012-11-20, 04:38 AM

Hansip

2012-11-20, 02:00 PM

Emotions control is really needed by trader. Because our emotions and mental is the key to get success in forex market. The emotions is the driver to your system and strategies. You must control it before you can walk on forex market. Not easy , but we must practice it. One of the key is always never give up. We are sure forex is really great business. So, we must know and understand all of that before we entry the forex market.

When a trader come in forex trading he should control your emotion because if the trader can not control his emotion and greed he can not make profit in this market. Emotion can be remove for a plan and discipline trading system. our emotion are too strong and can affect we forex traders in this business. when a trader should remove emotion at a moment but impossible get profit.

Banglalink

2012-11-20, 08:26 PM

Indeed we trust your own publish, you've described great factors concerning the feelings i'll additionally adhere to this particular, however you need to boost the worth associated with cease reduction forty factors. However, you may remaining the main thing that's Information that is released through the Government. the marketplace is actually rely within information just.

itsmenadim

2012-11-20, 09:37 PM

Thanks for your valuable post demonstrating the the rules of controlling your emotions during trading.
It will surely help all the new traders to controls their emotions also. Thanks again. :)

mohammed usama

2012-11-20, 09:46 PM

Start trading when we must keep to the rules for emotions
Listen to a lot of analysis and periodicals economic and political
I agree with you in this your points and I'm having the same problems as you, but I beat most of them by
Follow-up economic releases and the national economy and global passion and love of making an impact on my love and not to stop trading
Listen to the lessons of human development, which motivates me to continue and follow-up transactions created by

---------- Post added at 04:16 PM ---------- Previous post was at 04:15 PM ----------

To control our emotions in forex exchange trading is very important and we must keep it at utmost importance while we trade. Strong emotions leads to high losses and weak emotions leads to losses.

kash

2012-11-20, 10:36 PM

yes bro in forex it is depend on you how you control your emotion because when you play the big trade then the emotion is with you and you never left it but if you never make the greed in your trade then you save from the emotion because greed is the main reason for emotion

mehediksm

2012-11-21, 12:09 AM

Yes i agree with your post, you have explained good points about the emotions i will also follow this , but you have to increase the value of stop loss 40 points. But you will left the important thing that is News which is published by the Govt. the market is depend in news only.
What is traded in the forex is not linked to any product or a service but includes currencies of different countries.

rebate lover

2012-11-21, 03:35 AM

glenng0127

2012-11-21, 05:18 AM

It's good that you have list down ways on handling your emotions when in trading. I think it is one of the ways in reducing the risk. I'd like to suggest though that a good time to place an order is when the trend is in a consolidation, that is when there is indecision among the bulls and the bears. Most of the time, a clear movement follows after this. Also, a 5pips stop loss is too narrow, try increasing it to around 30 or 40 while reducing the lot size.

oreoluwa

2012-11-21, 05:47 AM

alright thanks very much for your time taken to give out this analysis well i will also like to add more to the best way to control our emotions and that we just have to invest into the forex market the amount we can afford to lose in other not to blame ourself

muksin

2012-11-21, 08:23 AM

Buy low sell high, it was definitely craving can follow any trader especially since the beginning of market retrace certainly gone, but the decisive moment when the highest for sell and buy at Stop for the often incorrect entry

mszman

2012-11-21, 09:21 AM

it all depends on how long it can control the emotional / psychological trading respectively. Usually after you through the process eaten, chewed, and even spit back by the market, will realize the importance of controlling emotions / psychology of trading. And if after the process beat the market is you can still stay focused, you will begin to see bright lights,

tune

2012-11-21, 09:24 AM

Emotion is part of success trading system. I think is very important to manage our emotion when enter to the market,set SL TP, when close position ,and also emotion is mother of your trading system. you should control to your emotion

shepon93

2012-11-21, 09:27 AM

Start trading when we must keep to the rules for emotions
Listen to a lot of analysis and periodicals economic and political
I agree with you in this your points and I'm having the same problems as you, but I beat most of them by
Follow-up economic releases and the national economy and global passion and love of making an impact on my love and not to stop trading
Listen to the lessons of human development, which motivates me to continue and follow-up transactions created by

I will always put a top loss 5 pips under my entry point. <--- you have to think also that in the fx market, we are not alone, we fight another trader in antagonism to us, we are also alongside the dealer who read the position where we are in place the stop loss. Its too tight, other side .

pavais

2012-11-21, 02:07 PM

Technical & fundamental analysis perfunctory course .. Life has been difficult for any contrived complicated ..
Want to Buy or Sell both together could produce a profit ...
Cut Loss and SL is obligatory ...
Profit not only when TP tp when CL / SL had the advantage that it is incredible ..
enjoy your trades = enjoy your life's ...

nilanjan

2012-11-22, 12:42 AM

For controlling our emotion I think that continue trading in this market is very important thing, you have give a good thread, if we do proper money management then we can trade without emotion.

hari fx

2012-11-22, 03:18 AM

Best subject is what gracious of emotion do we real pauperization to try? I judge we don't necessary to hold emotion. What we requisite is to provide that emotion.
For admonition emotion. why are you cowed to patronage? Theirs exclusive one grounds that I can conceive of and that is demand of understanding on how to tidy acquire in forex. If we can puddle make in forex then that's the case you can say you don't or not hangdog to job anymore if that happens message you can afford to abide probability and reassured enough to get.

Chamika

2012-11-22, 03:39 AM

well they are good rules and good that you have mentioned in this forum because i think they are good for the new members to read and understand. but you are a scalper and it is too risky and for the long term traders these rules are not applicable. the new traders who are going to scalp the market should read what you have mentioned.

rebate lover

2012-11-22, 04:27 AM

alright i think i have to try this stop lose strategy right now because i have never make use of stop lose as my point of exit before because i don't always like to see a lost in my account but based on your analysis i think i have to try making use of the stop lose so I will alway put a top loss 5 pips under my entry point

winwinwindu

2012-11-22, 05:16 AM

sejiti.rp

2012-11-22, 05:35 AM

I agree with your post, good point about following your passion, I have to explain, but you have to increase the value of stop loss of 40 points. But the most important thing you have left is news that will be published by the Government. Only depends on market news.

coco handoko

2012-11-22, 05:36 AM

emotion is one thing that is important in determining the success of our trade, my record in terms of trading emotions:
1. I do not dare to cut loss
2. often use a large lot
3. do not use money management
4. not comply with the rules made

benderafx

2012-11-22, 11:51 AM

be quiet when you trade is what your heart be good trading situations. always make sure that you have enough to prevent you from panic and make sure that you understand the trade itself. in fact it was better

mandaufx

2012-11-22, 11:55 AM

I have tried this strategy but still I fell for my weakness. Its been 2 years since I trade and even today I fought with my emotions. You can for sure control and the best way to do this is to turn off your computer and go for a walk, freshen up and not trade for the rest of the day. first try to control your emotions

nabiFX123

2012-11-22, 12:50 PM

Emotions play vital role in forex trading and due to this it is advised to control on emotions while forex trading. Sometimes it lead to take wrong decision as well so minimizing or controlling emotions are the best advice.

Shirin

2012-11-22, 01:38 PM

Hi guys, recently I have had trouble controlling my emotions while trading and lost all of my profits due to error in judgement. I become overconfident or trade higher volumes to cover my losses so I made myself a set of rules to control my emotions. I would like to know what you think about them, and would appreciate any advice you can give. I have read the other topics concerning this on this forum and think I learned abit from it. Keep in mind that I do scalping.

1. When I start trading I decide on how much I want to win and how much I am willing to loose in terms of pips. When I reach my goal or I loose too much I will stop trading for at least a couple of hours.

2. I will make all my trades with the same lot size, regardless of how strong I feel the signal is. Instead I will keep the trade open longer if I feel I can win more.

3. I will alway put a top loss 5 pips under my entry point.

4. After 3 of my trades in a row result in losses I will stop trading for at least 4 bars on the 15min chart (1h) and just keep on watching the market and try to figure out why I predicted it wrong.

5. I will keep track of how long I trade and won't continue to trade more than 2 hours without taking at least a 15min break.

6. When I can't concentrate enough to just watch market movement for 5 minutes and not do anything else I will close the terminal and return at another time when I will be concentrated only on trading.

Please feel free to add any advice or comments and thanks for your help :good:

hey very good idea for me. I can't control my emotions at trading time. from now i will try to follow your rules. it may be profitable for me.

kismujas

2012-11-22, 01:44 PM

But I usually only open trades to get 10-15 pips. So what do you think my s/l should be then, about 10 pips? Cause yes it has happened before that there was a spike and I lost my investement but then it jumped right back but it's actually rare, at least I don't see it very often.
Doing that and keeping in mind the 4 other tips can help you do well on your route to successful Forex trading in India.

zafar3536

2012-11-22, 02:58 PM

भावनाएँ विदेशी मुद्रा व्यापार में महत्वपूर्ण भूमिका निभाते हैं और इस के कारण यह भावनाओं पर, जबकि विदेशी मुद्रा व्यापार को नियंत्रित करने के लिए सलाह दी जाती है. कभी कभी यह इतनी अच्छी तरह से कम से कम या भावनाओं को नियंत्रित सबसे अच्छी सलाह के रूप में गलत निर्णय लेने के लिए नेतृत्व.

dhakac

2012-11-22, 04:40 PM

But I usually only start deals to get 10-15 pips. So what do you think my s/l should be then, about 10 pips? Cause yes it has occurred before that there was a raise and I missing my investement but then it hopped right returning but it's actually unusual, at least I don't see it very often.

posycns

2012-11-22, 04:48 PM

But I usually only open trades to get 10-15 pips. So what do you think my s/l should be then, about 10 pips? Cause yes it has happened before that there was a spike and I lost my investement but then it jumped right back but it's actually rare, at least I don't see it very often.

Buying and selling on margins is additionally known in share and futures buying and selling, but because of the particular dynamics of foreign currencies, it is possible to get a lot far more leverage in the forex industry.

Hansip

2012-11-22, 05:16 PM

Buying and selling on margins is additionally known in share and futures buying and selling, but because of the particular dynamics of foreign currencies, it is possible to get a lot far more leverage in the forex industry.

When we have lost huge money previously because of our emotional reasons, I think there can be nothing more than this to open our eyes and realize the fact and accept it. Thus its always better to avoid the destructive emotions and start developing the constructive emotions in the forex trading business to become successful.

Money hunter

2012-11-22, 10:49 PM

Emotions like fear , gread , gnger, aggression are the worst enemies of a trader and a trader can not make profit when he is surrounded by emotion or his trader are emotions based. So he must try to minimize his risk and trade with proper money management

oreoluwa

2012-11-23, 05:16 AM

well i think putting stop lose at pips all day is very much better because with stop lose we can always be at the save side of the forex market and the more you get to trade wit stop lose the more you can always protect your account so try all you should to always make use of stop lose

genjer fx

2012-11-23, 07:52 AM

perhaps we realize, in trading we make many rules roomates look very beautiful and real in the paper. But when we try to implement in real trading account we face lot of problems. Growing niche we forget those rules and most of the times later regret about our deeds. so Discipline in following the rules is also more important to control our emotions.

ips

2012-11-23, 07:55 AM

Today more than ever, many Christians are depressed, hurt, angry, and generally frustrated. They're having a hard time believing the Word, and an even harder time figuring out why they struggle with so many negative emotions. Many think how they feel is a result of childhood pain or family history. ..

kabil750

2012-11-23, 11:44 AM

my rules for controlling emotions i like you rules and i use some of you rules. thanks for your good share. @>- peace for everyone @>-

alecander

2012-11-24, 02:49 PM

yup, a bargainer must be fit to manipulate his emotions while trading. but in my ruling, set a realize aim before trading can also be a rational burden if the aim is rarely met or had not flatbottom achieved at all. as good as the beginning of stopover losses that are too closelipped to the message would be very comfortable to experience deprivation.

cepik

2012-11-24, 03:11 PM

rules bohot achay hein aap k bes isi rule ko aap ney focus kerna hey, chahey jo merzi ho jaye or her trader ko specially beginners ko yehi follow kerna chahiye ta k woh is trading mein survive ker sekien aur acha profit bena sekein

rahim

2012-11-24, 04:52 PM

dreamway

2012-11-24, 05:42 PM

these rules are very good to control the emotions in trading. i always use small lot size to control the fear. i always use stop loss and take profit because this is necessary to avoid more loss. i always show discipline during my trading.

CR 7

2012-11-25, 02:28 PM

rely on you, if I lived with sincerity and patience and trust own abilities so I was able to think more positifff remedy and accept the consequences of all that I do ..

dareking

2012-11-25, 04:10 PM

stop loss aur take profit use karna bahut hi aasan tarika hai emotions ko kabu me karne ka ek bar set ho jane ke bad aapko bar bar us deal ko dekhne ki zarutrat nahi jab tak market ke naye support ya resistance nahi ban jate..isliye traders ko kaha jata hai ki inka use karna bahut zaruri hai

bhai lekin emotion to alag cheez ho gayi hai, aur stop loss aur take profit alag cheez ho gayi hai, emotion hume tabhi aata hai, jab hum ek trade winning trade kar dete hai, to emotion ke karan lalach aane lag jata hai, market ko dekhte hi dekhte hum ek trade aur laga dete hai, jiske karan loss ho jata hai.:(

Md Jafar Iqbal

2012-11-25, 04:50 PM

Its rules are good. But I think that's why it gets scalping 5 pip stop loss. Speculation is good for the skilled trader. Many merchant makes a lot of profit by reselling business. But I think scalping is risky. If you have a good strategy, you can win too. I love you and I use some rules of the rules. Thank you for your good hand.

aandree

2012-11-25, 04:57 PM

You are only need to stick with your trading plan and trading rules so that you wont do anything stupid against your rules. You have to be a disciplined trader in order to get the best out of this market. If you can control your emotion then you will be earning profits regularly.

nana12

2012-11-25, 05:27 PM

my rules for control and the thanks for your good share. many trader makes lots of profit expert trader but i think you are scalper and that,s why you put forex trader work.

toby_profit

2012-11-25, 05:54 PM

It happens to me sometimes that I grapple a superior chance especially in the months or there is a lot equivalent the round personalty me or he had the tsunami in japan that was a hot period for me or in most months are the similar you win and you can worsen your money but also in all cases we advantage whatever benefit at the end.

anupomks

2012-11-25, 06:26 PM

Hi guys, recently I have had trouble controlling my emotions while trading and lost all of my profits due to error in judgement. I become overconfident or trade higher volumes to cover my losses so I made myself a set of rules to control my emotions. I would like to know what you think about them, and would appreciate any advice you can give. I have read the other topics concerning this on this forum and think I learned abit from it. Keep in mind that I do scalping.

1. When I start trading I decide on how much I want to win and how much I am willing to loose in terms of pips. When I reach my goal or I loose too much I will stop trading for at least a couple of hours.

2. I will make all my trades with the same lot size, regardless of how strong I feel the signal is. Instead I will keep the trade open longer if I feel I can win more.

3. I will alway put a top loss 5 pips under my entry point.

4. After 3 of my trades in a row result in losses I will stop trading for at least 4 bars on the 15min chart (1h) and just keep on watching the market and try to figure out why I predicted it wrong.

5. I will keep track of how long I trade and won't continue to trade more than 2 hours without taking at least a 15min break.

6. When I can't concentrate enough to just watch market movement for 5 minutes and not do anything else I will close the terminal and return at another time when I will be concentrated only on trading.

Please feel free to add any advice or comments and thanks for your help
yes , you are right i think so if you're willing to follow simple rules and strategies, you deserve a piece of the pie.

naziakhan

2012-11-25, 06:45 PM

if you want control emotion then you should close your pc after open the trade and set the proper stop loss and take profit .and watch it next day .it either hit your take profit or your stop loss .it is best way to control emotions .:)

hariz

2012-11-25, 07:17 PM

your bound name one and two are truly quality . But your putting act failure of 5 is too waterproofed and it testament retro****e your change mostly. We pay around 3 pip page each inflict so the moment you follow class it shows you trey pip going already. Iff you poverty to imitate 2:1 blessing to attempt ratio, you sicken vantage 20 . This gift be productive for you.

sahuri

2012-11-26, 08:52 AM

I think trading
1. know the market ...
2. see fundamental
3. see the analysis ..
4. see marginya ..
5. specify lotnya ...
continue OP

radzo

2012-11-26, 11:47 AM

If you've dizziness quickly refreshing and relaxing holiday. Any entries that do when his emotions mostly saturated and catastrophic.

kukuruyuk

2012-11-26, 05:16 PM

SL 50 if lots of little yes its okay bro ...
if i still i try to TP more big than SL.
but it is difficult

mudassar004

2012-11-26, 05:19 PM

For me confident and right money management can control our emotion. If we confident with our strategy and with the right management just relax when the market go wrongly. It's will follow with your plan either

har2

2012-11-26, 05:19 PM

I think it is very important for any trading business . Forex trading business is best profitable site in the world. It gives us real money and help purpose economic site , but when you are trading than absolutely you control your emotions and greedy.

khokan

2012-11-26, 06:10 PM

Jokowi

2012-11-26, 07:42 PM

To control our feelings in Forex exchange trading is very important and we must keep it at highest significance while we business . powerful feelings results in high failures and poor feelings results in failures.

i think that you admit also that emotions are the weapon that damage our capital. so it is totally preferred to trade with nearly zero emotion, and you think that your can overcome your emotions by more practices and by being well educated.

CR 7

2012-11-27, 09:54 AM

all hell want so, name the trade with little capital, can be a lot of profit, if I sometimes take profit 1% of the capital, weve bit anyway but hope hope consistent, wants that.

Jahidul Islam

2012-11-27, 10:43 AM

Knowledge and experience does help a trader to perform better and profitable trades but does not help a trader to control his emotions and the only thing that can help is by trading with proper money management skills.

shint

2012-11-27, 05:58 PM

profit every day, can be 1% per day or 10 pips only. profit when it's right out of the market, its meta closed. If the account to keep the spot even though profit is to

usmanraza

2012-11-29, 01:16 PM

thanks ap emntion ko cuntrol karne ka barye ma bari detail sa batyea ha ma forex ma abi new ho
to jab meri trade loos ma ja rahi hoti ha to ma bohat tenshan ma a jayta ho aur apni tarde galt kar
bathea ho. forex ma emonation ko cuntrol karna bohat zarori ha.tab he forex sa hum kuch kar
payea gayea.

Firozmahmud

2012-11-29, 01:18 PM

Here are three basic rules you need to follow to separate yourself from your ex, get control of your emotions, and ultimately get them back if that is your choice. Remember: you must be in control of the situation, not your ex.

sundari

2012-11-29, 07:15 PM

huntermamun

2012-11-29, 07:24 PM

At this stage, setting and enforcing rules consistently becomes very important and .... very normal), you can suggest some strategies: You can tell her, 'That is my doll. ... of managing their emotions and communicating their feelings and needs.You cannot imagine the number of times my ex, as well as my ...... All the while he works for cash and tip toes around the rules set forth by the judge ..... I went from a husband being emotionally abusing and controlling to him ...

Jokowi

2012-11-29, 09:12 PM

manipulacy our emotions in Forex commutation trading is real significant and we must protect it at utmost grandness time we trade. Tough emotions leads to falsetto losses and weakened emotions leads to losses

trading with emotion make a bad analysis for all people so far i think. your emotions in forex business is not impossible for us to do, but it is not easy and emotions can harm you a lot while trading in online so control your emotion in case of any business.

lot

2012-11-29, 09:27 PM

mdjoy16

2012-11-29, 11:40 PM

my rules for controlling i think the best thing to do when we loose money is to wait abit. becausea e the first reaction to loosing money is always to traders more to get it back so you take too much risk and just loose more i make more then 1 loosing traders

abdulfx123

2012-11-30, 11:50 AM

Hi everybody , i am sharing my simple trading strategy which i gain experience in different market condition, controlling your emotion and i request all user of my system to follow proper risk and money management rules.

nabiFX123

2012-11-30, 03:59 PM

Every one of us has some emotions as well as fear and live with them but i think if they affect negatively your specially your trading in Forex you should find them a solution or try to find other business.

sanwal

2012-11-30, 05:32 PM

To control our emotions in forex exchange trading is very important and we must keep it at utmost importance while we trade. Strong emotions leads to high losses and weak emotions leads to losses.

bro here is the very difficult for every one to got the information and i think we shoudl must be got the knowledge and this will must be good for me and i can controll my emotions with the rest

ishvara

2012-11-30, 05:39 PM

For a forex currency trader to be able to control their emotions in forex trading, it is obvious that they have to achieve this on their own. Hard work and experience are the main ways that a forex trader can control their emotions.

ahmedelsanhoury

2012-11-30, 05:41 PM

Money hunter

2012-11-30, 06:16 PM

Emotion is very bad for Forex trading. Because Forex is very risky and hard jobs. Without proper analysis we can not make good trade. So if our emotion make effect on our analysis we can take wrong decision. So emotion must be avoided.

jonyr

2012-11-30, 09:14 PM

investor forex

2012-12-01, 11:33 AM

:):(:(I agree with you in this your points and I'm having the same problems as you, but I beat most of them by
Follow-up economic releases and the national economy and global passion and love of making an impact on my love and not to stop trading
Forex trading is a huge work. You have to check many things in a minute and then decide about it. Your decision is more valuable than other works because it is directly related to your money. Emotion is bad and when you lose some thing you become more emotional. so we all have to know how to control emotion quick.

dareking

2012-12-01, 12:43 PM

Forex trading is a huge work. You have to check many things in a minute and then decide about it. Your decision is more valuable than other works because it is directly related to your money. Emotion is bad and when you lose some thing you become more emotional. so we all have to know how to control emotion quick.

aapki baat sahi bhai ki hume is bade business mein bahut kuch dekhna padta hai, par ye bhi bahut mushkil ho jata hai, ki emotion ko jaldi control kiya jaye, mujhe nahi lagta hai, isliye field mein emotion ko jaldi hi control kiya ja sakta hai.

moh44497

2012-12-01, 05:19 PM

joker7diaa

2012-12-01, 06:05 PM

I think ,the main thing for controlling emotions is to be disciplined trader.If a trader disciplinly trades,then i think he has little chance to fail in controlling emotions.And to be disciplined trader,experience is also an important factor.

usmanraza

2012-12-02, 05:21 PM

i like your post emotion ka forex ma cuntrol karna bohat zarori ha kyon ka agar hum is ko cuntrol nahi
karyte to hum ko loos ho sakta ha jab insan tensan ma a jayta ha to tarde galt kar layta ha islaye
emonation ka forex ma cuntrol hona lazmi ha.

shaon 3

2012-12-02, 10:08 PM

Control of emotions in Forex currency trading is very important and we need is of the utmost importance, if we are in the negotiation. Strong feelings by large losses and emotions lead cables casualties to the role "it has an important role to play in human patience. success, waiting patiently for waiver, but the average work hard and strive to fill, as well as improving the technical capacity and the ability to control emotions.

modulcpns

2012-12-03, 03:52 AM

Yes you are absolutely right we have to decide something before sitting to trade. If you reach target whatever it is profit or loss then you should not continue trading. AN dby doing this you can really stop your emotion to invane your trade.

control trading risk for controlling emotions need patience and experience,in forex trading plan is to control trading risk, if there is an error analysis because money management and risk reward forex management always open, the risk of large losses, and an analysis of the long positions

usmanraza

2012-12-03, 02:12 PM

sundorali0000

2012-12-03, 02:53 PM

You should control your emotion for Forex trading,leave up your emotions to reach your dream land,you should obey the rules of your controlling emotions.proper way to stop emotions.

jjj2

2012-12-05, 07:18 PM

Yes, you are absolutely right We have to decide some things before sitting to trade . If you reach target whatever it is profit or loss then you should not continue trading any body doing this you can really stop your emotion to invane your trade .

midle

2012-12-05, 07:52 PM

If you ask me to run all of WD Gann's rule is not easy, I was still a lot of break.

mosabbal

2012-12-05, 10:39 PM

I have simple and basic rules for controlling emotions while trading if I feel I am getting emotional I simply donot trade and
spend time away to get stable

HaQi

2012-12-08, 01:53 AM

indeed... the average novice trader via a phase that's not been able out to manage emotions, what causes it as a result of there can be no trading strategy, supposing no more than guess-guess it. however after a while will alter. typically occurs in traders that there can be no alias mentor taught himself out to scan here and there a fresh strategy mutually exchange minus to a small degree company doesn't believe in strategynya...... ! ! trhead smart out to remind one other for beginners. successful greeting.

bullish

2012-12-08, 02:26 AM

You should control your emotion for Forex trading,leave up your emotions to reach your dream land,you should obey the rules of your controlling emotions.proper way to stop emotions.
not all time there is opportunity to enter market instead if we enter any time there is probability to loss instead to gain. we need to patience to proper moment and have to wait for chance and if there is no chance then no trade because if we do hurry then opportunity to loss more.

minoa

2012-12-08, 02:35 AM

good ma forex ma new ho ap ka sub rools ko ma study kar laye ha ap na wake ma emonation ka cuntrol
karne ka laye jo rools batye ha agarin rools ko hum floow karye to hum apne emonation ko cuntrol kar
sakte ha.
Learn is expensive, we have to admite even good traders had their loss moments and they just edit their way of trading and continue trading. just we need to focus on what wrong of our trading and sure we will learn lessons

rebate lover

2012-12-08, 06:40 AM

harnez

2012-12-08, 07:35 AM

Firstly, don't take high risks by trading more of your capital than you should. A rule of thumb is to not risk more than 5% of your capital on any one trade. If you keep to that rule there is no chance to lose all your capital.

Make a plan and stick to it. Make yourself a set of rules and keep to them. For example if you have a rule which says that your risk reward ratio is 1:2 or 1:3 then keep to it. You'd be surprised how many traders reverse their risk reward ratios.

Never overtrade as trading too much does not win you more money all it does is cause you to risk more. Knowing when not to trade is just as important as knowing when to trade. It is also important to bear in mind that the trend is always your friend so trading in the direction of the market and not against it is a much better way to trade.

Finally try and keep a dairy of what you do so that you record what you did when you traded successfully or what you did when the trade went bad. In this way you stay disciplined and honour your trading plan as well as eliminate those nasty emotions.

ukmuna

2012-12-08, 08:07 AM

Sometimes necessary suggestions to myself that we should be able to and be able to control emotions. Sometimes a chart or monitor I have written rules for discipline and at the same risk if breaches of discipline. This method is very helpful to me in getting started trading

dareking

2012-12-08, 11:48 AM

3. I will alway put a top loss 5 pips under my entry point. <--- you have to think also that in the fx market, we are not alone, we fight another trader in opposition to us, we are also against the dealer who reads the position where we are in place the stop loss. Its too tight, susti

stop loss just 5 pips bhai ye to bahut chota stop loss aap lagate hai, jabki ye kafi jaldi hit ho sakta hai, kyunki 5 pips koi itna bada nahi hota hai, jo market hit na kar paye, main samjhata hoon kam se kam 20 pips ka stop loss hona jaruri hota hai.

yadikhanih

2012-12-08, 11:49 AM

But I usually only open trades to get 10-15 pips. So what do you think my s/l should be then, about 10 pips? Cause yes it has happened before that there was a spike and I lost my investement but then it jumped right back but it's actually rare, at least I don't see it very often.

Forex trading is similar to share trading. If you want to earn profits, you must buy low and sell high. So, the first and the most important tip is to keep yourself updated with the value of different foreign currencies

manav14386

2012-12-08, 02:41 PM

mera tou sirf ek hei rule hai emotions ko control karne ke liye aur wo hai demo ko real ki tarah treat karo aur uss par hei apne emotions ko control karna sikho..

zaine

2012-12-08, 03:25 PM

emotions are the most harmful for the trader because of this many trader loss their money in no time so in point of view we should not to take any greed and play like a gentle man with clear mind

reazforex

2012-12-08, 03:44 PM

To be able to handle our thoughts on Forex deviation trading is sometimes valuable and also we tend to must preserve that at greatest importance whilst we tend to switch. Heavy feelings leads to advanced damages and then empty emotions creates loss.

mateen

2012-12-08, 03:52 PM

thanks for tell me these steps to control our emotions and i think these steps helps me lot of in future because i am a new trader these steps leads me to the success

letmegoo

2012-12-08, 04:55 PM

defacerious

2012-12-08, 05:27 PM

i agree with you during this your points and im having the exact issues since you, however i beat most of those by
follow-up economic releases and therefore the national economy and international passion and love of creating an impact givenfor my love but not to firmly stop trading listen to firmly the lessons of human development

ucang-et

2012-12-08, 05:38 PM

nice share ! i favor this thread since it provides me a reliable understanding concerning how truly we are able to management our emotion in our own trading activities. other then, for my personal purpose, i will be able to simply simplify it by my very own rule : simply stick to firmly my very own arrange ( being dicipline ) notwithstanding what can happen in market situation and condition. as long as we be dicipline to firmly our rule, i believe how onerous emotion involving us, our trade can never being interupted.

akp202

2012-12-08, 07:55 PM

stop loss just 5 pips bhai ye to bahut chota stop loss aap lagate hai, jabki ye kafi jaldi hit ho sakta hai, kyunki 5 pips koi itna bada nahi hota hai, jo market hit na kar paye, main samjhata hoon kam se kam 20 pips ka stop loss hona jaruri hota hai.

ji haan itna to kabhi lagna hi nhi chahiy kam se kam stop loss 30 pip me lagana chahiy yadi isse kam lagyenge to loss ho hi jayega kyoki market itna move karta rahta hai isliy itna chota kabhi nhi lagna chahiy stoploss .

paid

2012-12-08, 08:27 PM

I don't processes any unscheduled stipulated confine for Controling emotions . Meet that , when I couple the amount to loss if my analysis goes injustice , I properly outdo, so I administer halt loss to discipline my emotions .

Anushka Wijesundara

2012-12-08, 09:33 PM

I think sportsmanship is knowing that it is a game, that we are only as a good as our opponents, and whether you win or lose, to always give 100 percent.

nurhidayah

2012-12-08, 09:49 PM

I think sportsmanship is knowing that it is a game, that we are only as a good as our opponents, and whether you win or lose, to always give 100 percent.

it depends on the way we looked at from the point where we see the risk of winning and losing, so that we can better understand more about the procedures and rules of trade in which we live is indeed true depends on what is the best step for us as traders to understand the decent and clear

margono

2012-12-09, 06:33 AM

Hi guys, recently I have had trouble controlling my emotions while trading and lost all of my profits due to error in judgement. I become overconfident or trade higher volumes to cover my losses so I made myself a set of rules to control my emotions. I would like to know what you think about them, and would appreciate any advice you can give. I have read the other topics concerning this on this forum and think I learned abit from it. Keep in mind that I do scalping.

1. When I start trading I decide on how much I want to win and how much I am willing to loose in terms of pips. When I reach my goal or I loose too much I will stop trading for at least a couple of hours.

2. I will make all my trades with the same lot size, regardless of how strong I feel the signal is. Instead I will keep the trade open longer if I feel I can win more.

3. I will alway put a top loss 5 pips under my entry point.

4. After 3 of my trades in a row result in losses I will stop trading for at least 4 bars on the 15min chart (1h) and just keep on watching the market and try to figure out why I predicted it wrong.

5. I will keep track of how long I trade and won't continue to trade more than 2 hours without taking at least a 15min break.

6. When I can't concentrate enough to just watch market movement for 5 minutes and not do anything else I will close the terminal and return at another time when I will be concentrated only on trading.

Please feel free to add any advice or comments and thanks for your help :good:
emotional control is very important in trading. practice if you do not have control of my emotions can make sure it will get even a loss would result in huge losses

pisses[69]

2012-12-09, 07:42 AM

most of your techniques about controlling your emotions i agree with especially
the one related to take a break when you loose money cause it's the serious moment you've to be pretty much aware of your emotions in this moment , most of people don't know how to deal with losses as they know how to deal with profits.
important we also need to be able to balance out all the theory and practice, and do not just use the facilities in this forum to discuss but you rarely do the exercises in the demo account.

mithon4

2012-12-09, 07:50 AM

Economic power and free society" are considered as the backbone of any successful economy. However, one of the well-known assumptions of a free market is that there is perfect knowledge of the market. There is nothing that can be as missing as the perfect knowledge of the market when it comes to the purchase of computers and other technical stuff. This Lenovo IdeaPad V460 review does in no way want to claim that it will eliminate all the ignorance about this, but it surely will contribute towards helping you to asses whether or not you should buy this computer that people love so much.

tokichi

2012-12-09, 10:06 AM

simple rules is that if I was able to profit or loss on target
finished the trading activity. let alone determine today's tasty loss or gain per day

naziakhan

2012-12-09, 04:24 PM

stop loss just 5 pips bhai ye to bahut chota stop loss aap lagate hai, jabki ye kafi jaldi hit ho sakta hai, kyunki 5 pips koi itna bada nahi hota hai, jo market hit na kar paye, main samjhata hoon kam se kam 20 pips ka stop loss hona jaruri hota hai.

this is very small stop loss but if you are trading on support and resistance level then you can use this small stop loss .and if market will break support and resistance then your trade will automatically close .:good:

nabila

2012-12-09, 05:29 PM

aksay

2012-12-09, 10:56 PM

in trading must be wise, rich newbie i disease, low profit'll want to reinstall it can quickly add the profit (the one loss)
and if already loss, OP again to reply to profit (loss existing 2x) ....

ryandwi

2012-12-10, 05:02 AM

To mastery our emotions in forex commercialism trading is really principal and we staleness save it at maximum importance time we dealings. Strengthened emotions leads to shrilling losses and weak emotions leads to losses.
Sometimes necessary suggestions to myself that we should be able to and be able to control emotions. Sometimes a chart or monitor I have written rules for discipline and at the same risk if breaches of discipline. This method is very helpful to me in getting started trading