Emotional Forex trade

Agree with you. In forex trading is one of the most important thing consistance work! To be consistante means dont use too much of your emotions.

forex market main kabhi bhi emotional trading ki jagah nahi hai......agar aap emtional hoke trade karte hai tu hamesha aap problem hi face karenge...... aur loss hi hoga apko.....forex main hamesha apko acha plan ke saath trade karna chahiye taki ache profit earn kar sake...

The key to making money in the forex market is to avoid emotional decisions and follow a carefully thought out strategy that takes into account the current market and history. Go with your emotions is not the way to get into the forex market. Go with your emotions could cost you money. Forex trading is a highly volatile market where emotions tend to be exalted.

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Originally Posted by safsa

Do not trade using your Emotion if any trader do that he will lose his money and this is true. The key to making money in the currency exchange market is to avoid emotional decisions and to follow a carefully thought out strategy that takes the current market and history into account. Going with your gut is not the way to go in the Forex market. Going with your gut could cost you money. Forex trading is a highly volatile market where emotions tend to run high. Emotions can influence your trading decisions, unless you have a strategy planned in advance, and stick to it, no matter what you think you're seeing at the moment. The keys to success in Forex are system, analysis and perseverance.

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emotion is the main factor that will erode our margins,
as an example, we experienced our first loss in trading, and we are eager to quickly get back the money lost in the market,
then we would rush to the open position, with the expectation that the money lost will return
and in fact, it makes our margins continue to thin out and eventually margin call

Quote:

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Originally Posted by safsa

Do not trade using your Emotion if any trader do that he will lose his money and this is true. The key to making money in the currency exchange market is to avoid emotional decisions and to follow a carefully thought out strategy that takes the current market and history into account. Going with your gut is not the way to go in the Forex market. Going with your gut could cost you money. Forex trading is a highly volatile market where emotions tend to run high. Emotions can influence your trading decisions, unless you have a strategy planned in advance, and stick to it, no matter what you think you're seeing at the moment. The keys to success in Forex are system, analysis and perseverance.

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emotion is a human nature to date we trade using the method in order to use our emotions well sir
at the moment I would trade using forex market is well
so in this trade should we lose our emotions if we want to succeed in trading sir

i think if you work in forex than you should have strong nerves and you need to hold your nerves in critical situation because in emotion we can make fast desecion which will be make a huge loss in forex,... so if you want to work in forex than you need to hold your nerve and make your decesion tactfully and forex is best business if you are working in it with holding your nerves...

Sentimental trade is so much harmful. Market move only these own strategy and of course for specific reason and we need to move by follow market movement. Than we able to make much money from forex.

Notes very nice to get rid of the emotion already in Forex no emotion in most Forex traders and they play an important role on the profit and loss incurred by traders and through this clarification possible disposal .

I think to be a best trader in Forex one should have a proper money management rule and follow it strictly such as Patience and concentration is most necessary.I also said that firstly we have problem with our system analysis.And than we get this problem.Finally i said that that's why i think you have to control your emotion when you trade in Forex.

i prefer all of those things are must important in forex trading and its related each others.but its also true that discipline in forex is most important for every traders.on the other hand we have need to follo good strategy also.