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Thread: How contorl to emotions in Trading??

  1. #4
    Banned s19 has a reputation beyond repute s19 has a reputation beyond repute s19 has a reputation beyond repute s19 has a reputation beyond repute s19 has a reputation beyond repute s19 has a reputation beyond repute s19 has a reputation beyond repute s19 has a reputation beyond repute s19 has a reputation beyond repute s19 has a reputation beyond repute s19 has a reputation beyond repute s19's Avatar
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    Quote Originally Posted by Anytime View Post
    I have written all my trading rules in 1 paper and keep that infront of my computer and always i tried to follow them and automatically my emotional getting control. Example - I have set rules that dont used more then 10% of your account balance in 1 position in any situation, so whenever i see good signal then also i dont used because anything can happened in forex and like this i able to control my emotions, some times it failed too...
    good..
    i also try some time that i never cross my rules but this not happen.
    i cross many time my rules. so i do only one thing whenever i am in emotion i close my trading terminal...

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by Anytime View Post
    I have written all my trading rules in 1 paper and keep that infront of my computer and always i tried to follow them and automatically my emotional getting control. Example - I have set rules that dont used more then 10% of your account balance in 1 position in any situation, so whenever i see good signal then also i dont used because anything can happened in forex and like this i able to control my emotions, some times it failed too...
    Nice thing, But in my opinion emotions wll get controlled when we do some practice in tarding thats why we see some less emotions play in experienced trader. If we stick to money management rules then emotions will decrease.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Anytime
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    I have written all my trading rules in 1 paper and keep that infront of my computer and always i tried to follow them and automatically my emotional getting control. Example - I have set rules that dont used more then 10% of your account balance in 1 position in any situation, so whenever i see good signal then also i dont used because anything can happened in forex and like this i able to control my emotions, some times it failed too...

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    How contorl to emotions in Trading??

    Every one talking that in forex we must know control the emotions..
    tell us how you control your emotions that come during trading.


    (sorry in thread name i put wrong spelling...control is right spelling )
    Last edited by s19; 2011-06-06 at 10:09 PM.

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