gaban Posted August 15, 2016 Share Posted August 15, 2016 Not just controlling their trading performance, they have to be able to control their own emotions. Some people are lack of it and might trading in the reckless way. Agree, we need to make a trading plan in order to securing our own funds and to make us stick to the target. Quote Link to comment Share on other sites More sharing options...
radex78 Posted August 15, 2016 Share Posted August 15, 2016 Agree, we need to make a trading plan in order to securing our own funds and to make us stick to the target.Yes right plan trading will help us to manage our money in account trading, and with plan trading hence we will can measure how much risk in every single plan, and with plan trading also can prevent from over trading wich usually will messed up account, control over trading is important here because forex is risky business if only having tendencies to greedy usually will fail eventually Quote Link to comment Share on other sites More sharing options...
myregister Posted August 16, 2016 Share Posted August 16, 2016 You get the point here, because i think the control is essential, even not 100% because one or two circumstances, just make sure thatn 80-90% from all over your trading must be under your control, You can do this by either set your own SL and TP at most or even good to set your own Trailing Stop. I seldom trade with EA which take your own control. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted August 17, 2016 Share Posted August 17, 2016 because life is a learning process, then we will never be completed with the name of learning. Included in forex trading. We must keep learning to improve the ability we have, so that we can increase the profit we get. Quote Link to comment Share on other sites More sharing options...
radex78 Posted August 17, 2016 Share Posted August 17, 2016 because life is a learning process, then we will never be completed with the name of learning. Included in forex trading. We must keep learning to improve the ability we have, so that we can increase the profit we get. Yes right, life is learning process, as long as we still life and we treat forex as our business, of course we will never give up and we will always trade with proper risk management, because if we always trade recklessly and trading with greedy usually the end result will facing with failure, and about control emotion is very important in trading Quote Link to comment Share on other sites More sharing options...
pepy Posted August 17, 2016 Share Posted August 17, 2016 Control over trading is depend on the trader view but this could be good or bad. Also control over trading doesn't guarantee that you will make more profit. however having control over trading will let you know what happen to your account, your position , and many other aspects which you must understand before trade in forex.s Quote Link to comment Share on other sites More sharing options...
bearhugs Posted August 18, 2016 Share Posted August 18, 2016 The market is constantly on the move, creating new opportunities for those traders prepared to take advantage of them. So be aware with over trading. Quote Link to comment Share on other sites More sharing options...
gaban Posted August 18, 2016 Share Posted August 18, 2016 The market is constantly on the move, creating new opportunities for those traders prepared to take advantage of them. So be aware with over trading. Overtrading comes from lack of emotion control after facing several losses. Makes the trader out from his discipline too. Quote Link to comment Share on other sites More sharing options...
novarisa Posted August 18, 2016 Share Posted August 18, 2016 Overtrading comes from lack of emotion control after facing several losses. Makes the trader out from his discipline too. So it's better to pull us out from forex market before making any reckless decision in our trading account. Quote Link to comment Share on other sites More sharing options...
radex78 Posted August 18, 2016 Share Posted August 18, 2016 Overtrading comes from lack of emotion control after facing several losses. Makes the trader out from his discipline too.This is not good idea if we become over trading, usually if we greedy in trading hence result that will obtained only will get failure and will disappointed eventually, in trading we must control our emotion and also we must learn keep discipline with implemented all rules trading with right way Quote Link to comment Share on other sites More sharing options...
pepy Posted August 18, 2016 Share Posted August 18, 2016 Sure control over trading is what i have right now, trade with control surely good since i know what really happen beneath my trading and i can take an action directly if something wrong is happening and i happen to be there. I don't against Expert Advisor but i prefer to have control for most of my trading for the sake of security, but it doesn't mean Expert Advisor is really bad. Quote Link to comment Share on other sites More sharing options...
gaban Posted August 19, 2016 Share Posted August 19, 2016 Sure control over trading is what i have right now, trade with control surely good since i know what really happen beneath my trading and i can take an action directly if something wrong is happening and i happen to be there. I don't against Expert Advisor but i prefer to have control for most of my trading for the sake of security, but it doesn't mean Expert Advisor is really bad. Yes, measure the risks and try to minimize it well with your risk management. Make sure to put stops on your trading order. Quote Link to comment Share on other sites More sharing options...
eden100 Posted August 21, 2016 Share Posted August 21, 2016 Over trading can kill our account and we will become more greedy for this.We need follow always our trading plan and we need a proper trading plan.plan and discipline can help us to avoid over trading.if we open over position,our risk level will increase and we should not take over risk.risk is essential for forex but over trading is very very harmful. trading signals Quote Link to comment Share on other sites More sharing options...
myregister Posted August 24, 2016 Share Posted August 24, 2016 That could be done through 2 ways, first through forex expert advisor and second through yourself. So in here overtrading could happened because we don't have or even have control to our account. That is matter of emotions rather than skills. If you have control you will see what happens, and have control to do what you want with your trading. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted August 25, 2016 Share Posted August 25, 2016 yes with a good trading psychology, we can better trained for the results of our current trading, then prepare at least a good mindset Quote Link to comment Share on other sites More sharing options...
radex78 Posted August 26, 2016 Share Posted August 26, 2016 Over trading can kill our account and we will become more greedy for this.We need follow always our trading plan and we need a proper trading plan.plan and discipline can help us to avoid over trading.if we open over position,our risk level will increase and we should not take over risk.risk is essential for forex but over trading is very very harmful. trading signals Usually over trading is not good result eventually, and will better as trader they know what they doing, because usually over trading is only blind trading without proper plan trading which might tempted by movement in the market, and this is not good idea if we trade without plan trading, at least in our plan we also involved risk management to manage these risk Quote Link to comment Share on other sites More sharing options...
myregister Posted August 27, 2016 Share Posted August 27, 2016 If you don't have control then that is one of the result. Look at someone who have completely control over their trading they can control their outflow, they don't make a fuss over their trading, they don't think they are the best, they are just trying to be realistic and not bias, with prioritize their analytical skill with the help of indicator such as news or RSI for example. Quote Link to comment Share on other sites More sharing options...
radex78 Posted August 27, 2016 Share Posted August 27, 2016 We need control our trading with proper plan trading here in forex trading, already many trader proven if they reckless in trading hence they will often get failure which as trader need to manage their money with strict money management to maintain account from margin call quickly, and control over trading can help account remain safe Quote Link to comment Share on other sites More sharing options...
myregister Posted August 27, 2016 Share Posted August 27, 2016 We need control our trading with proper plan trading here in forex trading, already many trader proven if they reckless in trading hence they will often get failure which as trader need to manage their money with strict money management to maintain account from margin call quickly, and control over trading can help account remain safe Proper plan or better plan surely needed by lots of people around the world. Not to mention this is one of the best act you should do to reduce unnecessary losses. But control over trading comes with greater responsibility like you must decide when to close or open the position, what kind of analytical technique you want to use and so on. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 28, 2016 Share Posted August 28, 2016 Proper plan or better plan surely needed by lots of people around the world. Not to mention this is one of the best act you should do to reduce unnecessary losses. But control over trading comes with greater responsibility like you must decide when to close or open the position, what kind of analytical technique you want to use and so on. Sure, that is right the control over trading is good but of course we must sped more of our time for it. The good thing of controlling your trading manually is that you can see what trading will be do, also how to control the risk so well, next you will be able to improve your trading which is a good thing for your long term career as forex trader. Quote Link to comment Share on other sites More sharing options...
novarisa Posted August 29, 2016 Share Posted August 29, 2016 Sure, that is right the control over trading is good but of course we must sped more of our time for it. The good thing of controlling your trading manually is that you can see what trading will be do, also how to control the risk so well, next you will be able to improve your trading which is a good thing for your long term career as forex trader. It's including our emotion control to handle such outcomes from our own trading. Also including the prevention from such overtrading that makes it even worse if it happened. Quote Link to comment Share on other sites More sharing options...
gaban Posted August 29, 2016 Share Posted August 29, 2016 It's including our emotion control to handle such outcomes from our own trading. Also including the prevention from such overtrading that makes it even worse if it happened. Yes, because lack of emotion control will cause any worst thing that will happen to our trading performance and our trading account. So it's really needed to keep our discipline. Quote Link to comment Share on other sites More sharing options...
radex78 Posted August 29, 2016 Share Posted August 29, 2016 Yes, because lack of emotion control will cause any worst thing that will happen to our trading performance and our trading account. So it's really needed to keep our discipline.Sometime we have problem outside from forex trading in our life, might we in emotion because we have problem with our friend or girlfriend which sometime disturb our emotion and might if we enforced to trade these problem still remember and might making us being less concentration, I think forex will better if trader in calm and cool minds Quote Link to comment Share on other sites More sharing options...
myregister Posted August 31, 2016 Share Posted August 31, 2016 The risk of having control is that maybe you react to late, because some people who automatized their trading usually want to gain the advantage of this automation. Because of the speed and accuracy rather than human, not to mention it also lack of emotions so you don't have to worry about this so much. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted August 31, 2016 Share Posted August 31, 2016 no problem when it has a trading deposit that amount has not been much. because with a little amount we should be able to develop into a major Quote Link to comment Share on other sites More sharing options...
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