How i control my bad habits during trading forex?

[Eduardo Lucchese]

You have to make a good plan to survive in this market.

 

[Kazumu Fukunaga]

Watching market can be good if you want to learn about movement of the market. But usually newbies open a lot of unnecessary trades when watch market a lot.

 

[Andrew McCalam]

according to me from all bad human habit greed is the foremost which can make you loser from this trading place , so its more appropriate to control greed by making others good trading habit.

 

[Alexander Hudson]

You have to control your all bad habits to become successful in this market.

 

[javierhowell]

@AndrewMcCalam I agree with you. There’s a fine line between need and greed. Trading done with greed will only blow your account. To check this I set realistic goals and try to achieve them. I’ve seen that when we don’t follow a trading plan strictly and try to make huge profits we always find ourselves in the position of overtrading. It’s good to be content with the results and slowly increase your profits over time.

 

[Alicia Lynch]

I have researched that some bad habits in the trader cause loss to the trader. 1. Overtrading 2. Emotional trading 3. Revenge trading 4 greed and fear 5. No education. If these 5 things can be controlled then making money can be a lot easier.

Now let's see how to control it, first I have to create a positive mindset, collect information online, develop skills, do regular meditation, and trade according to patience and discipline.

 

[Suzzaine89]

It is very hard to get over the bad habit, but it will take time and I think you can do it.

 

[kathrinedees]

First determine your bad habits, be it fear, stress, greed, or something else, and think about it from a different person's point of view. Whenever you feel overwhelmed by any such negative emotions, turn your system off and detach yourself with the help of music or whatever works for you. Take a break!

 

[Oscar Shumack]

Make a good plan to control your bad habits.

 

[Cooper Truebridge]

With Mindset Control you can break the bad habit. Many traders consistently make the same mistake. They need to manage their mindset properly to solve these mistakes.

 

[Kazumu Fukunaga]

I have researched that some bad habits in the trader cause loss to the trader. 1. Overtrading 2. Emotional trading 3. Revenge trading 4 greed and fear 5. No education. If these 5 things can be controlled then making money can be a lot easier.

Now let's see how to control it, first I have to create a positive mindset, collect information online, develop skills, do regular meditation, and trade according to patience and discipline.

Overtrading is one of the reasons people lose money in the forex market. It happens due to lack of discipline and proper plans. You need to have good plans and execution of those plans. Otherwise you will keep losing money.

 

[Kevin Vogt]

To control bad habits you have to be discipline. There is no alternative to discipline in trading. All successful traders are disciplined.

 

[Alicia Lynch]

Overtrading is one of the reasons people lose money in the forex market. It happens due to lack of discipline and proper plans. You need to have good plans and execution of those plans. Otherwise you will keep losing money.

A combination of discipline is required to trade. And the proper plan should be followed patiently.

 

[Karley Walker]

If you want to control bad habits, you have to create a positive mindset. And for this, we need regular meditation.

 

[Alicia Lynch]

If you want to control bad habits, you have to create a positive mindset. And for this, we need regular meditation.

Meditation is a must for every trader. It is very useful in trading by creating a positive mindset.

 

[Karley Walker]

Meditation is a must for every trader. It is very useful in trading by creating a positive mindset.

Meditation can be very helpful for a trader.

 

[Alicia Lynch]

Meditation can be very helpful for a trader.

Yes, meditation helps the trader a lot. Meditation helps not only in the trading world but also in personal life.

 

[Kevin Vogt]

A combination of discipline is required to trade. And the proper plan should be followed patiently.

There is no alternative to discipline. Discipline is the most important thing in trading. Every successful trader has this quality. If you are not discipline you will make a lot of unnecessary trades. That's why discipline is important.

 

[Alicia Lynch]

There is no alternative to discipline. Discipline is the most important thing in trading. Every successful trader has this quality. If you are not discipline you will make a lot of unnecessary trades. That's why discipline is important.

When a trader trades uncontrollably, it is difficult for him to make money. Therefore, it is necessary to trade by combining discipline and plan.

 

[colincook]

Meditation and a positive mindset are the most effective ways to discipline oneself. Assign time for trading during the forex session. Try to do it only according to schedule. No trading outside session time.