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Ourselves are the most dangerous enemy mean our fruitless thinking and imaginary hope or too much greed are the worse matter. Because may not gain better profit without. So we need to overcome our own emotions.
and I am not agreed with this because we are no our enemies its our emotions which act as out enemies and we do wrong. In reality our emotions compel us to do wrong and it's not possible to eliminate emotions from our trading but we can control them to some extent.
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well actually my dear i strongly think that we regard ourselves as our own enemy then we wont be able to concentrate at all. This feeling is very negative, instead we should treat ourselves as among the best and develop a positive attitude and Forex is the business that needs a great deal of knowledge and experience in a trader, now it is our mistake that we start trading without proper knowledge and education.
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It means eventhough we are trading to make profit in this market, without our knowledge many times we take decisions that lead us to loss. So if we are serious about our trading destiny then we need to control our emotions otherwise our destiny will be in dream only. and Only controlling your emotions in forex trading will not guarantee your success as most of the people think. I think controlling emotions comes at a later stage, first you have to equip yourself with extra ordinary skills and knowledge about the forex trading and then practice on demo account and then there comes the stage of controlling your emotions.
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That is right,if you noticed you will realized that the reason of most of your trading mistakes is caused by your own self. Your undisciplined self always get in the way to your trading and it's up to you to control yourselves if you want to achieved your goals in your trading. and I agree and I realized that the enemy in this business is myself and feel it to be a successful trader must be able to control themselves and not to the emotions that lead to greed and patience
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You must treat them as you deal with your enemies. I mean, when some emotional problems such as feeling scared or anything else you feel should avoid operations at the time. Forex trading and much emotional interference can not be mixed and can not be happening simultaneously. Maybe you can go , but just wait worst trading results below. I suggest you negotiate two times when you are disturbed and emotionally trade once with cool and calm mind . I think you feel better with the negotiation is better.
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In this world no one can make you feel the way you meant for yourself. If you take it in positive way you can be very powerful and if you take in negative way you are going to feel depressed. So you can be best friend of yourself and also biggest enemy of yourself, Now its all you have to decide what actually you are willing to do.? and hmmm,,i confused this matter loss making traders are very frustrated who is willing to some money to losses? but thats the forex it has a high risk business ,the trader must be able to control himself /.....he would do arbitrarily makes loss account
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Well dear, definitely I do believe psychology is that the biggest enemy of the actual trader on the actual Forex market and self-dealing along with emotions, fear and greed and the actual inability in order to be able for you to help management all of these on I�m remorseful for just about any starting and I also really truly come to sense, however along with time I will go and this particular bad sensation, a fear my dear.
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Forex trading min ye bat to durast kahi apne k apka dushman aur keoi nahi he balke ap khud hin es ki wajah he k ap es business ko samjhte nahi hin aur chahte hin k yahan se unlimited tak earnign le lein yani lalach karte hin greed k under trade lagate hin aur phir loss bhi leinte hin es busienss ko bura bhala kehte hin halan k dushan koei aur nahi balke ap khud hi hote hin.
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Hum forex me jo bhi loss karte hai yaa jo bhi profit karte hai uski responsibility humari hi hoti hai jab profit hota hai to hum apni responsibility lete hai to loss me bhi humari hi resposibility honi chahiye, hum khud ke enemy to hote nahin hai magar human nature hai jo mistake ho jata hai. We tend to be just the actual enemy suggests that, the actual greed within all of us all is that the real enemy that retains pushing all of us all to build a lot of money withing less time while not correct analysis. The actual greed can make all of us all to trade and build profit whenever there is actually no strong signal and build all of us all to suffer loss.
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the enemy is actually ourselves is actually accurate as a result of we will continually be turmoil involving the analysis which we perform using the ego which we have so this will show emotion on the actual self that can affect the actual analysis performed if we tend to be able to management emotions enables all of us all to end up being able to survive on this particular forex business.