Emotions

[The trader]

Restrain from emotions is obviously possible if you practice demo account in a proper way for a long time. I have seen at any professional or successful trader who has emotions when trading. So just practice and learn how to remove emotions.

 

[Max Trade]

Not only beginners, there is no one successful or loser which has no emotions. But the different is experienced traders always able to control their emotions by proper trading discipline that cannot the beginner. That’s why they have to be disciplined and experienced by passing long times in here with great survive.

 

[Anderson]

Emotions are the worst enemy to traders. And we are emotional being. We have joy, fear and greed. When we make a good profit we become over joyous and when we make loss we become fearful. Sometimes we open a trade out of greed. All these emotions are in our DNA. With careful thinking we can change it.

 

[sininfinity]

Well we are human beings and no matter what we say we can not get rid of our emotions. But what we can do is not to let them in our way of trading by planning a trade before entering.

 

[Tom Latham]

Well we are human beings and no matter what we say we can not get rid of our emotions. But what we can do is not to let them in our way of trading by planning a trade before entering.

You are right, having a proper game plan is so important! In addition, we traders need to follow the plan so honestly, otherwise there is no value of the trading plan.

 

[oliver1007]

Even the professional trader can lose control of their emotion when they lose money in forex.

 

[sininfinity]

You are right, having a proper game plan is so important! In addition, we traders need to follow the plan so honestly, otherwise there is no value of the trading plan.

In the forex business you have no choice but to be honest. Because if you are not then you are cheating yourself and that will cost you. lol

 

[Randall]

You need to have a strong grip on your emotions when entering the field of forex. I knew that is hard even for the seasonal traders, but you need to give it a shot. Try indulging in exercises that open and challenges your mind. You could also do yoga as an effective way to control your inner self.

 

[Tom Latham]

Restrain from emotions is obviously possible if you practice demo account in a proper way for a long time. I have seen at any professional or successful trader who has emotions when trading. So just practice and learn how to remove emotions.

Yes, practicing more and more is a good idea! By the way, may I know; how many months did you practice your demo?

 

[Kazumu Fukunaga]

Controlling emotions is the way to success in trading. What's more, to control feelings you have to trained. You additionally need to decrease your hazard and have a legitimate cash administration and hazard administration arrangement. Each individual's psychology is diverse so you need to out your own arrangement that suits you the most. Discipline is another important element for success. All the successful traders in the world are disciplined traders.

 

[Alicia Lynch]

It is never possible to gain consistent profit by doing emotional trading. Emotions work in every trader, but only those who can control those emotions can become successful traders.

 

[Eduardo Lucchese]

Emotion is the most dangerous enemy for any trader in the forex market. You should control your emotion if you want to make money from this market.

 

[Gito Dinev]

Trader should invest small or the amount what they can afford to lose. Otherwise consistent fear of losing money will drive them crazy.

 

[Darragh Bell]

If you want to make money from this market you have to control your emotions.

 

[Mark Dahl]

There is no place for emotion in trading. So, trader should make decision without any emotional involvement.

 

[Oscar Shumack]

Emotion can put you in great danger.

 

[Alexander Hudson]

Many traders lose their money because of their emotions. Those who can not control their emotions in this market can not become successful.

 

[David Marco]

You have to control your emotions if you want to make a good career in this market.

 

[Gito Dinev]

In a small account, the profit ratio also remains small. But small account is effective for new traders who are verdant at trading. But things are different for experienced traders because they have been here for a long term and deserved a better profit. So, small accounts are not suitable for the professional traders.

 

[Paralipsis]

It’s okay to be emotional but it’s not okay if you let your emotions run in the market. You may or may not have a profitable trading career, but a strong mind will help you stay on track for a long time. Emotions can make you weak and keep you from making right trading decisions.