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Thread: Yourself Is The Real Enemy.

  1. #11
    Junior Member Trader is an unknown quantity at this point Trader's Avatar
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    Yes, what you said is true. One need to have a control over him in order to be successful in forex world otherwise you are deemd to be making looses no matter what you do.

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    Banned imbest is on a distinguished road imbest's Avatar
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    Quote Originally Posted by Trader View Post
    Yes, what you said is true. One need to have a control over him in order to be successful in forex world otherwise you are deemd to be making looses no matter what you do.
    That's right you must have control over your emotions. You can't have control over price movement but these emotions will come inside you. If you will not control them, then you can't blame the market for you loss.

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    Member nuh514 is on a distinguished road nuh514's Avatar
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    Quote Originally Posted by arjun View Post
    whether you 've realized that the real enemy in this business is yourself. to be successful you should be able to control yourself. including controlling the emotions, the nature of greed and fear nature.
    Nature of greed and fear is the integrated part of human being and particularly while trading this nature erupts with full zoom. A successful trader knows how to control nature of fear and greed and he keeps this nature within limits.

  5. #14
    Member Jazpa has a spectacular aura about Jazpa has a spectacular aura about Jazpa's Avatar
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    Quote Originally Posted by arjun View Post
    whether you 've realized that the real enemy in this business is yourself. to be successful you should be able to control yourself. including controlling the emotions, the nature of greed and fear nature.
    Yes, it is very important for us to control ourselves before going for the trade. We all know that we are bounded by certain emotions, which will always hamper our trade. So to be better trader, we need to be able to control our emotions like greed, fear, anxiety and so on. We all can't risk our money. The true key to become successful trader is to understand ourselves, control ourselves for any kind of situations in the trade.

  6. #15
    Highly Reputed Member ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara is a splendid one to behold ishvara's Avatar
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    In terms of our emotions in forex currency trading, we already know that it disturbs our trading decisions in a very bad way. That is why it is important that we traders in forex understand this and help ourselves by finding strategies that wil aid us in controlling our emotions.

  7. #16
    Banned rajesh will become famous soon enough rajesh's Avatar
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    That's right you must have control over your emotions. You can't have control over price movement but these emotions will come inside you. If you will not control them, then you can't blame the market for you loss.

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    Member aniket will become famous soon enough aniket's Avatar
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    trading with a cool mind is the rit way but when the profit's start to walk towards loss then frustration takes over and then more wrong stuff goes on.... .......and also too muck over confidence can be a real bummer.......

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    Banned keset is on a distinguished road keset's Avatar
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    trading with a cool mind is the rit way but when the profit's start to walk towards loss then frustration takes over and then more wrong stuff goes on.... .......and also too muck over confidence can be a real bummer.......
    really should be trading with a head cold or fresh if you're no burden, there is a problem, or not in the mood should not be trading because it will affect your trading and will most likely LOSS.

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    Senior Member sachin will become famous soon enough sachin will become famous soon enough sachin's Avatar
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    Yes we have to know and understand that Greed is the main factor responsible for the loss in the Forex.

    This is especially true when we are considering that our career as well as success is at stake.

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    I agree, sometimes we are the enemy of ourselves, because in forex trading, we should be truly honest, and accept we are wrong, and stick on our plan, and do not find excuse for our wrong action, so we should keep changing, so that is true, we are our enemy in forex trading sometimes.

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