Forex is stressful

[Hughie Lane]

Yes,it can be stressful. If you are trapped in stress, It can lead to poor decisions and make you over-trade. You must have the discipline to follow your trading plan regardless of what is going on in the markets to avoid stress. That is true in the long term, however, in the short term it is ok to take some emotion into account. If a trade does not go your way or you are in the red for the day, you are allowed to get frustrated and emotional. You must remember that trading is not a get rich quick scheme. You must build your capital up over the long term, and trading on emotions will not help you reach your goals.

 

[FXOpen Trader]

Yes,it can be stressful. If you are trapped in stress, It can lead to poor decisions and make you over-trade. You must have the discipline to follow your trading plan regardless of what is going on in the markets to avoid stress. That is true in the long term, however, in the short term it is ok to take some emotion into account. If a trade does not go your way or you are in the red for the day, you are allowed to get frustrated and emotional. You must remember that trading is not a get rich quick scheme. You must build your capital up over the long term, and trading on emotions will not help you reach your goals.

It is a known fact that doing our trades in the markets is not going to be easy for us.

 

[Flotsamm]

Forex is really stressful if there is no money management , so make sure the ability how to manage money.

Right! Money management plays an important role in forex trading that helps in optimising the trades and using the trading fund judicially.

 

[Gito Dinev]

Since, a number of traders are trading with an ordinary trading skill! I prefer being a part time traders and maintaining another profession besides Forex. It’s because Forex is full of uncertainty and anything can happen anytime. But traders can reap much gain by trading here as a part time trader. And there are millions of traders around the globe who are trading Forex as a part time trader.

 

[zoe]

Since, a number of traders are trading with an ordinary trading skill! I prefer being a part time traders and maintaining another profession besides Forex. It’s because Forex is full of uncertainty and anything can happen anytime. But traders can reap much gain by trading here as a part time trader. And there are millions of traders around the globe who are trading Forex as a part time trader.

For the circumstances you mentioned, yes forex should be done part time for whoever doesn't want to totally commit to learning and improving daily.

 

[adamartin]

That’s right! But honestly, I can’t think of any business that is not stressful where you get what you work for. The same is the case with forex trading. You will make money only if you put the effort in the right direction. It might take some years but if you stick to your plan and don’t do anything that increases unnecessary risk, you can become a consistently profitable trader.

 

[Pinchbeck]

Tell me about a job that doesn't include stress. I don't believe any job will pay you if you don't put in the effort. In forex trading too, a trader can not be profitable until he/she puts efforts in learning and developing trading skills.

 

[Cedric Fenech]

Yes, forex trading may be stressful, but so can other elements of your life. There are no distinctions; stress is stress. You may deal with forex market tension, in the same manner, you deal with daily stress. And we all know that nothing in life comes easy esp. if it is worth it.

 

[soilacasa]

You automatically become stressed when you have to find ways to make profits and save your money from losing at the same time. Honestly, it would be hard to remove trading stress. But to make it easier on you, consider taking breaks between your trades so that this stress doesn’t ruin your normal life.

 

[Gargoyle]

First of all, you need to manage your emotions in this business so that you don't lose control over them (and you can do that by reading my guide on how to manage your emotions). Secondly, you need to be able to manage risk at all times. That means knowing when to quit and when not to quit — something that's hard for most people to understand and implement in their trading activities.

 

[Drizzle]

Stress can come from uncertainty, which is what is going on in the world of Forex. The market is extremely volatile, so the stress from trading is high. The market is full of uncertainty that can cause a trader a lot of fear and anxiety. One of the best ways to deal with Forex stress is to throw it out the window and take a step back. Take a deep breath and examine the situation. Work on your overall mindset and not just on the stress that comes with Forex and you will be much better off.

 

[Svetlana Loboda]

risk is everywhere in Forex its a very common thing , there is no one who can deny but if you have proper money and risk management then within a very short time you can bring good amount of profit from here.

 

[Disponge]

Stress comes from uncertainty and fear. When we are unsure about our actions we will get stressed about the result. Stress can actually be good if we use it to our advantage. It can motivate you to do better and can act as a driving force which makes you work harder. But when the stress turns out of control it turns into anxiety. Anxiety is really bad as it results in confusion and poor concentration. This will negatively impact our trading decisions. So keeping your stress in control is very important when it comes to trading. Confidence is the key to eliminating stress and that comes from knowledge and experience only.

 

[Triphibious]

Forex is risky and complicated, and this makes it stressful. It takes time to learn forex trading. There is no guarantee of success. A journey without success is so stressful. Which is why it is important to focus on learning first and then earnings.

 

[Nezami]

generally a Forex mentor is a person who can predict the market most of the time. but generally this of person very rare to found , if you can find of course you will be benefited

 

[Davidfx89]

Forex is really stressful above all you have low trading knowledge and experience also have not much money to invest in this market place.

 

[Svetlana Loboda]

knowledge and experience needed i agree with you , but it can be valueless if you dont have regular practice , so besides acquiring good knowledge its more appropriate to emphasis on practice session.

 

[Randiall]

Yes, Forex trading can be quite stressful for me. Especially, when some long-term trade fails after working perfectly for quite some time.
Luckily, at least a part of the stress can be removed from trading by adhering to prudent money management and position sizing techniques.

 

[Mojo]

It is entirely up to the learning capacity of every individual out there interested to trade. Fx can be stressful to those who are lazy and not interested in giving in enough time and hard work. It is not an easy process. Without discipline, it can get difficult to maintain consistent profit.

 

[Gito Dinev]

Forex trading becomes more stressful when a trader doesn’t have a good and reliable trading broker. That’s why to make one’s trading melodious, one needs a certified broker because a certified broker allows new investors with handsome amount of welcome bonus.