Unnecessary Emotion Make Loss

[raymond69]

i think 90% loss happened in order to unnecessary emotion,
anxious. when market moving uptrend and downtrend traders lost his balance and
open multiple trade. are you agree with me?

http://www.forex-metal.com/affiliate/47698/1

[Guest gaban]

That's not a problem. If we can make analysis well, i'm sure it can give us huge profit. But if we are emotion, i think we should not open trading platform. It can provoke us to make trades and certainly, the results obtained will be far from expectations.

[Guest gaban]

A multiple target is good if you know the resistance or support level. If it break you will help by sl or tp. that why we need money management.

http://www.forex-metal.com/affiliate/46199/2

That benefits using SL and TP when trading. And certainly we also need the discipline to use the SL and TP.

[supertrader]

SL and TP can help you in minimizing the lost. you need to disicplin yourself in practicing and learning. If you are not doing it, neither SL nor TP can help you. Throw your greed far apart this is part of unecessary emotion.

[Guest gaban]

SL and TP can help you in minimizing the lost. you need to disicplin yourself in practicing and learning. If you are not doing it, neither SL nor TP can help you. Throw your greed far apart this is part of unecessary emotion.

Using SL and TP when trading it would be wise to minimize losses, and of course, we must set the SL and TP properly.

[uncle gober]

A traders success or failure ALWAYS comes down to their mental state of mind – very important!

Unnecessary emotion will road you to get loss. Discipline is very important to be successful in this business.

[Guest gaban]

A traders success or failure ALWAYS comes down to their mental state of mind – very important!

Unnecessary emotion will road you to get loss. Discipline is very important to be successful in this business.

And greed, fear are unnecessary emotion in forex, because it just lead us to be a failed trader. Believe in ourselves and do it.

[Rajesh]

Obviously, if we do our trading without proper logic unless market emotion, then definitely we’ll crash our trading balances. First of all, my intension is to find out logical areas of market. Live market review on Technical and fundamental sector that I get from TradingBanks broker is my main source of pure knowledge. So, when I get good points then, I open my trade with SL and TP.

[Guest gaban]

emotions will only make our trading losses, therefore, we need to be able to minimize the emotions by trying to minimize the emotional well so it will be beneficial for us

[Jo Eshuijs]

Emotion is the main enemy of a trader/. You can face a big lose for your emotion. Those traders who can control their emotions can succeed in this platform. To become a profitable trader, you have to thing with your mind, not with your heart. As a trader I always try to take decisions with my mind and experience. My broker Forex4you helps me to understand the market and also helps to make suitable decisions to make profit from this market.

[Matheus Schotsman]

To react to a loss in forex trading is vey bad. We should not react to a loss. Accepting the loss is very important. The reaction to a loss end up opening a revenge trade which brings more loss. The best thing is accept the loss and analyze why did you loss the trade. What was your mistake? Then learn from the mistakes. Learning from mistakes is the best learning one could achieve from a loss. I am trading forex with Eurotrader broker, as a result of their low spreads and 500:1 leverage. I additionally like their energetic withdrawal handle.

[David Meyers]

Forex is one of the best profitable markets to trade. However, the beginner should focus on learning to trade rather than earning Forex. Learn indicators, focus on demos for a long time, start small and look at pips instead of dollars.  Nowadays almost all brokers like Eurotrader offer a free demo account to tither traders.

[Resolve]

On 7/9/2021 at 11:12 PM, David Meyers said:

Forex is one of the best profitable markets to trade. However, the beginner should focus on learning to trade rather than earning Forex. Learn indicators, focus on demos for a long time, start small and look at pips instead of dollars.  Nowadays almost all brokers like Eurotrader offer a free demo account to tither traders.

We must understand this fact that in the business of the Forex trading Emotions do not have any role to play.

[Nilde Lucchese]

Having emotion is a hurdle to the way of earning success in trading. For successful trading, we need strong mindset, reliable and profitable trading strategy, time management knowledge and risk management ideas. FXOpulence allows traders with 1:500 leverage, tighter trading spread, flexible margin level.

[maspluto]

Uncontrolled emotions can lead to significant losses for traders. That's why I continue to learn and utilize all the facilities provided by the broker. This way, I can keep my emotions in check and trade forex optimally with Tickmill as my broker.
 

[Hanan Öberg]

Emotion-whether it is necessary or unnecessary- is harmful in all cases. I try to keep my emotion apart from trading and maintain good risk management policy with a regulated broker. FXOpulence broker allows traders with secure trading platform and technical errors free interface. The broker is regulated by ASIC and it provides 1:500 leverage accompanied by narrow trading spread. In particular, I am mesmerized by their amazing crypto500 and Indices1000 trading instruments.

[maspluto]

In my opinion, emotions have a very significant influence. At Tickmill, I always strive to manage my emotions well. As a result, I feel comfort and security in conducting my trading activities here.
 

Edited February 21, 2024 by maspluto

[Fin_Trader]

When you risk your money while trading, emotions will always accompany you. But the risks can be reduced so that the losses are not so great. Therefore, a small leverage and competent risk management can help you worry less and save your deposit.

[uncle gober]

Uncontrolled emotions can make trading challenging. Therefore, it is crucial to manage emotions effectively to ensure smoother trading and maintain focus on profit-seeking, especially in collaboration with the Tickmill broker.
 

[Fin_Trader]

We need to constantly improve our trading and gain the necessary knowledge in market analysis. And when we have a working trading strategy, we will always know when to make trades and when to wait. The main thing is to trade systematically and make transactions only according to the rules of your strategy, and not on emotions. Then there will be a great chance to make money on Forex.