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Yes of course our emotions like Greed and Fear make us real enemy for us to make profit. The more we get experience the better strengths we get thereby having capacity to control our harmful thoughts and bring our only good one.and we need to avoid greed and control emotions.
In Forex trading external factors that are responsible for our loss in trading can be measured and try to control them , but there is no guarantee we will succeed. This is because we don't have any direct control over them. Where as if we are able to control the internal enemies like Greed and Fear then we will surely become great trader.
The market is a neutral thing and it keeps moving on it's own depending on various factors. The reaction to this change inside our mine make the difference during trading. so we must learn to control and guide our emotional energy in a proper way. If we get success in this work then we will be in profit without any kind of loss.
har koi bada banna chahta hai par dhere dhere nahi ushko bada bannna hai sirf ek hi din mai jo mushkil hai sab lucky nahi hote hai so that humko chahiye ki hum apne business ki income ko badhaye na ki busi ess ko khatam kar de so that khud ko nitam mai baad le and kuch soch samaj ke hi kam kare
I think its true sometimes a trader become double minded.
He has no idea what trade should be good for him,and he chose wrong trading.
In this way he lost much.
It show yourself is your real enemy.
emotions are the enemies of Forex trading.You should treat them as you are treating with your enemies.I means to say,when you are feeling some emotional problems like feeling fear or anything else,you should avoid trading at that time.Forex trading and emotional interference both can't be mixed and can't be happen at same time.May be they can happen but you should expect worst results from your trading then.
like a forex trader should never think that the choice that many of us make is doubt, especially if we will not believe in your abilities, don't trade, forex as a result of this is actually a complaint we all just psychology ourselves to have management, trade that many of us don't really feel burdened. and I am aware of being connected with many of my own shortcomings. Our best weakness is aspiration. Today, we have started many improvements. Mindset might be dealt with. In addition, when I concluded, there should only be one thing to help people survive in this forex trading by considering and behaving.
emotions are the enemies of Forex trading.You should treat them as you are treating with your enemies.I means to say,when you are feeling some emotional problems like feeling fear or anything else,you should avoid trading at that time.Forex trading and emotional interference both can't be mixed and can't be happen at same time.May be they can happen but you should expect worst results from your trading then.
Yes, I understand the purpose of the subject, which is that greed is the cause of the loss of the person to his capital account and greed, but must get out of this market to make a profit, which we hope to win you have to support yourself and not an enemy to yourself and I think traders need a mindset. The basic rules must be repeated at all times. Like don't forget to stop and don't move your stop. And don't open positions against the trend. And don't be angry when you lose, but try to learn from it and never forget and never repeat that mistake. When a trader has a mindset like this in a short time he will succeed.
Self control plays a major role in Forex trading. We should give much importance to this subject and improve a lot to become a profitable trader. This helps us a lot to do a better analysis based on facts and figures rather than on emotional objects.