Forex is stressful

[Mrsooduraske]

Yes, Forex trading can be quite stressful for me. Especially, when some long-term trade fails after working perfectly for quite some time.

Luckily, at least a part of the stress can be removed from trading by adhering to prudent money management and position sizing techniques.

[Resolve]

On 4/13/2021 at 9:28 AM, Mrsooduraske said:

Yes, Forex trading can be quite stressful for me. Especially, when some long-term trade fails after working perfectly for quite some time.

Luckily, at least a part of the stress can be removed from trading by adhering to prudent money management and position sizing techniques.

We should understand and try to reduce the Stress in doing our trades.

[Hanan Öberg]

As a synthetic indices trader, I prefer it’s a good portfolio for me besides fiats trading. Currently, I am using the instruments of crypto500 and Indices1000 of the FXOpulence broker to trade crypto and synthetic indices. It’s the best broker for professional traders as they offer tighter trading spread-alike all facilities suitable for professional trading.

[Fin_Trader]

When there is no trading strategy or it doesn’t work well, it’s always stressful. Therefore, we must make every effort to create a profitable strategy, test it on a demo account and learn how to manage risks. Then there will be fewer stressful situations.

 

[AdhitamaRi61944]

3 minutes ago, Fin_Trader said:

When there is no trading strategy or it doesn’t work well, it’s always stressful. Therefore, we must make every effort to create a profitable strategy, test it on a demo account and learn how to manage risks. Then there will be fewer stressful situations.

 

The good advice for all traders  @Fin_Trader. And then,  forex trading is a job that is not as easy as turning the palm of your hand. A trader needs to go through a long process starting from the learning stage. There are many things to learn, including technical analysis, fundamentals and trading psychology. In the beginning, a trader will usually stressful. Especially if we often experience losses in real trading. With the passage of time, stress will decrease and we can enjoy this trading. This is based on my experience at FXOpen.

[maspluto]

Indeed, strategy is crucial, and in addition to that, traders should possess skills and thorough preparation. This is done to ensure a better understanding and optimal execution of forex trading with Tickmill.

[Fin_Trader]

Yes, stress always arises due to ignorance of the situation, uncertainty, lack of skills and experience. Therefore, we need to constantly educate ourselves, learn from our mistakes and gradually improve the quality of our trading strategy, gradually increasing the number of profitable transactions and giving us the opportunity to make money on Forex.

[Zeologic]

In many cases, stress can be experienced by a person due to various factors such as work that piles up and takes up time, worsening health conditions, financial problems, and many other factors that cause stress. 

In forex trading, stress may be due to consecutive losses, boredom always in front of the chart, etc. To avoid stress, one must accept the conditions, make a trading plan and whatever the result is, one must not blame oneself or others.

[maspluto]

To be successful in a forex business is not an instant thing, we need to have a process of preparation and readiness in terms of ability, mental and other aspects. By being prepared, of course we can trade and bring maximum results with Tickmill