Emotions - How do you deal with it?

Discussion in 'Psychology' started by ProfiForex_Victory, May 2, 2014.

  1. drcha

    drcha

    I don't think this can be said any better. This is absolutely the holy grail.
     
    #91     Mar 3, 2015
  2. drcha

    drcha

    Yes, well, you can have both. One can trade the boring, tried-and-true system with most of the trading capital and use a small fraction for something crazy. You just have to keep it corraled in terms of size.
     
    #92     Mar 3, 2015
  3. cornix

    cornix

    Emotions are signals. They contain information. Analyze that information.
     
    #93     Mar 4, 2015
  4. dbphoenix

    dbphoenix

    Absolutely.
     
    #94     Mar 4, 2015
  5. Turveyd

    Turveyd

    Badly!
     
    #95     Mar 6, 2015
  6. pinfire

    pinfire

    I try to remain normal ,away from emotion while trading . I do deep analysis of forex market and decide according to my plan for profit and loss possibility . I try to follow my plan , take low profits that are sure not think as a greedy man . I must remain active when to close position if profit is not mine .
     
    #96     Aug 26, 2015
  7. partial
    %%%%%%%%%%%%%%%%%%%%%%%%%

    Study more than trade;
    trade-invest, then study more than trade.
    7, or more years, helps also.........................................................................................
     
    #97     Aug 27, 2015
  8. formica

    formica

    7 or more years will help but I've seen some traders trying to trade from last 4 years but still they are the same as they were in start. Its because they don't implement a trader's mindset which is very necessary in order to control emotions.
     
    #98     Aug 31, 2015
  9. I've started trading for a year and I can tell you, from my personal experience, that I'm not that good at controlling feelings and emotions yet when it comes to trade.. at the beginning , the euphoria was so great that it led me to make stupid mistakes I could avoid.
     
    #99     Sep 1, 2015
    lawrence-lugar likes this.
  10. Even if you automate the trading then you have to deal with negative emotions, for example when you lose a lot of money.
     
    #100     Sep 22, 2015
    elisatrader and lawrence-lugar like this.