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handling emotions


Gee Dee

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A trader may face the predicament of handling his emotions; especially a trader must try to combat his pessimistic emotions. Of course as human being we foreign currency exchange traders may face difficulties in choosing trades when we all in the trap of greed. For this reason, a trader must try to ensure adequate trading understanding and a trader must make use of his learning to supervise pessimistic factors involved with human manners.

 

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One thing should be very much understood, and that’s the emotions part. There is no way it can be moved out of a human’s system entirely, so the next best option should be entertained. And that’s what I do by managing it with proper strategy, and right risk management.

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One thing should be very much understood, and that’s the emotions part. There is no way it can be moved out of a human’s system entirely, so the next best option should be entertained. And that’s what I do by managing it with proper strategy, and right risk management.

 

Agree with you. Emotions are part of us and can not be removed. So better learn how it should not come in our way of trading. Discipline will help us achieve that.

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There is no strategy for handling emotions. If you can't control your emotions when trading, then you are bound to lose all the time. One of the effects of emotions is revenge trading, which has wiped so many accounts.

 

Agree with you. A trader should remember that the market is not against him. It is his actions that brings results. So taking revenge on the market will not do any good than harm.

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On 4/17/2019 at 10:58 AM, Sininfinity said:

 

Agree with you. A trader should remember that the market is not against him. It is his actions that brings results. So taking revenge on the market will not do any good than harm.

Better following the trends rather than going against them, all this comes up with experience however..

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Trading is something you can master only after enough learning and experience the traders makes major mistake are being Impatient, ignore the importance of demo account trade , jump in trade without capital and being impatient and making emotional decisions and taking emotional steps

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Everything depends on your mindset and how you think about and react to the markets. The biggest chunk is how you manage your trades and your emotions correctly. If you won’t prioritize these things, you will end up losing money that earning a profit from forex trading. Do your research to learn more about forex trading.

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