raymond69 Posted April 10, 2013 Report Share Posted April 10, 2013 i think 90% loss happened in order to unnecessary emotion,anxious. when market moving uptrend and downtrend traders lost his balance andopen multiple trade. are you agree with me? http://www.forex-metal.com/affiliate/47698/1 Link to comment Share on other sites More sharing options...
Guest gaban Posted April 10, 2013 Report Share Posted April 10, 2013 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. Link to comment Share on other sites More sharing options...
ali555 Posted April 11, 2013 Report Share Posted April 11, 2013 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 Link to comment Share on other sites More sharing options...
Guest gaban Posted April 25, 2013 Report Share Posted April 25, 2013 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. Link to comment Share on other sites More sharing options...
supertrader Posted April 25, 2013 Report Share Posted April 25, 2013 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. Link to comment Share on other sites More sharing options...
Guest gaban Posted April 26, 2013 Report Share Posted April 26, 2013 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. Link to comment Share on other sites More sharing options...
uncle gober Posted April 29, 2013 Report Share Posted April 29, 2013 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. Link to comment Share on other sites More sharing options...
Guest gaban Posted May 1, 2013 Report Share Posted May 1, 2013 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. Link to comment Share on other sites More sharing options...
Rajesh Posted July 15, 2015 Report Share Posted July 15, 2015 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. Link to comment Share on other sites More sharing options...
Guest gaban Posted July 15, 2015 Report Share Posted July 15, 2015 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 Link to comment Share on other sites More sharing options...
Jo Eshuijs Posted July 6, 2020 Report Share Posted July 6, 2020 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. Link to comment Share on other sites More sharing options...
Matheus Schotsman Posted July 6, 2021 Report Share Posted July 6, 2021 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. Link to comment Share on other sites More sharing options...
David Meyers Posted July 9, 2021 Report Share Posted July 9, 2021 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. Link to comment Share on other sites More sharing options...
Resolve Posted July 13, 2021 Report Share Posted July 13, 2021 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. Link to comment Share on other sites More sharing options...
Nilde Lucchese Posted September 18, 2023 Report Share Posted September 18, 2023 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. Link to comment Share on other sites More sharing options...
maspluto Posted September 19, 2023 Report Share Posted September 19, 2023 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. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted February 19 Report Share Posted February 19 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. Link to comment Share on other sites More sharing options...
maspluto Posted February 21 Report Share Posted February 21 (edited) 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 by maspluto Link to comment Share on other sites More sharing options...
Fin_Trader Posted February 21 Report Share Posted February 21 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. Link to comment Share on other sites More sharing options...
uncle gober Posted February 22 Report Share Posted February 22 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. Link to comment Share on other sites More sharing options...
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