Controlling emotion is very important

[Zeologic]

Forex trading is essentially simple, buy at low and close at high or likewise, sell at high and close at low, but emotional factors often become obstacles for traders in being disciplined in following strategy rules, habits such as FOMO, greed, overconfidence, often become obstacles to trader performance.

[uncle gober]

Emotions that are not well-controlled will only make it difficult for traders to trade effectively. That is why I, at Tickmill, do my best to manage them properly, so that trading can be more focused and directed.

[Hanan Öberg]

Controlling emotions is crucial in trading as it helps maintain discipline and make rational decisions. Emotional control prevents impulsive actions and overreactions to market fluctuations, leading to more consistent and objective trading performance. It’s essential for managing risk and sticking to your trading plan. LQDFX broker provides advanced trading course to traders for free and other facilities in moderation.

[maspluto]

Emotions that cannot be well controlled will only make it difficult for a trader to achieve profits. That's why, at Tickmill, I always strive to control myself as much as possible during trading, so that my trading can be directed effectively.

[Hanan Öberg]

Controlling emotions is key to forex success. Many traders ignore trading psychology, focusing only on systems or seeking perfect strategies. Without mastering emotions like fear and greed, even the best plans fail. Understand the market, develop mental discipline, and success will follow through patience and consistency. LQDFX’s reliable customer support and free advanced educational course will help a trader highly in smoothly trading in this market.

[Forex Tester]

I thing there is only one way to master emotions control - to practice. And, of course, the best way to practice is to start from a demo account or a backtesting software. Forex Tester Online is a perfect solution to get an appropriate skills, learn to control emotions and create a strategy. Moreover, there is a possibility to register an Affiliate account and share a unique link to earn 25% commission for each sale. The commission is paid for sale in any GEO. 

[pradegxs]

2 hours ago, Forex Tester said:

I thing there is only one way to master emotions control - to practice. And, of course, the best way to practice is to start from a demo account or a backtesting software. Forex Tester Online is a perfect solution to get an appropriate skills, learn to control emotions and create a strategy. Moreover, there is a possibility to register an Affiliate account and share a unique link to earn 25% commission for each sale. The commission is paid for sale in any GEO. 

Yeah when you have both profits and losses you experience various emotions from greed to fear and this trains your psychology if you reflect over your mistakes and wins and try to get lessons from them. I constantly watch HFM webinars to learn something new about trading psychology and right mindset for that

[Zeologic]

Forex trading involves more of trading psychology, which is estimated to be 80% of traders' decisions based on psychological aspects when looking at signals and prices. This includes controlling emotions that can have a negative impact on trading and emphasizing risk control and money management.

[maspluto]

Therefore, the existing forex trading education must be truly maximized and utilized properly to be able to help planning in order to better understand and comprehend forex trading, and indeed forex management and control are very important, therefore learn and maximize this so that when you enter a real Tickmill account, it can be managed easily and run with good results.