yes i think controlling emotion in trade is really hard it is need much of practice and i thin practicing the emotion is can not be done in demo account it should be there in real account instead of demo account
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yes i think controlling emotion in trade is really hard it is need much of practice and i thin practicing the emotion is can not be done in demo account it should be there in real account instead of demo account
It is true, real enemy is our own, and therefore the reason for the loss is our own. thus we must always be able to management our emotions once it involves commercialism. strive it you monitor your own mind after you begin to open the commercialism code and begin to envision the value movement, there should be your need to instantly open position, can't solely see the movement of the charts with ease.
Most of the time while trading in the for ex market traders try to trade with huge risk which is one of the bad thing so try to avoid it if you do not want to lose
This is very much true for the traders as being newbie. traders are the biggest enemy of the invest. As being a trader, the emotional control is very much essential. Because if a trader driven by the emotion, then it is 100% prone to lose in Forex. Because no emotions works in Forex. Its a real calculative market. Even though thats not always correct but that eliminates or reduces the loss trends as much low as possible.
yes we can say this if we have no patience no self control it means that we are our worst enemy in this business.
We do not agree with the view that, in the event that we do not believe in our ability and our strategy we can achieve success or even make a profit. In the event that we respect our I see that each of our opponents or not we have the ability to focus with all means. This particular emotion is very negative, if the fee that we must treat ourselves to see that the best and build up optimistic Outlook.
i advise forex traders to make sure that they use this to their advantage, know your weaknesses and protect yourself from it.... To some extent i beliebe that this statement is true, a number of times a forex exchange trader gets losses
I see that if a trader has a technical skills shortage is easily remedied by further deepening the knowledge about forex and share strategies with traders who are more expert, but if you have as a deficiency in the emotion that is difficult to control the nature of greed and fear that no one none to help. For indeed the real enemy to a trader is himself, and that caused the greatest losses really !!
I wanna to say that Forex trading and emotional interference both can't be mixed and can't be happen at same times.May be they can happen but you should expected as a worst results from yours own trading then.I will suggest you to trade 2 times when you are emotionally disturbed and trade only one time with cool and calm minds really !
Yes, I agree with your statement. Self confidence is very important in forex trading, if you have fear about loss then you get loss maximum times and if you are confident about trading then you get profits maximum times.