Forex Zone - Forex Forum

How to control emotion

Discussion started on Forex Education

  • Hero Member
  • Posts: 63898
  • Points: 290
  • Likes Received: 99
  • Reputation: +18/-46
Emotions can be controlled when you don't use many open positions at the same time. When you use open positions, you must use stop loss and take profit. You don't need to check the graph every time you open a position so you can be calm and just wait for the results.
#721 - January 09, 2024, 01:49:39 AM

  • Hero Member
  • Posts: 62252
  • Points: 586
  • Likes Received: 57
  • Reputation: +53/-46
Don't make it easy to open positions that require a lot of use of stop loss and take profit. You must be able to use realistic targets. Don't panic when you are floating minus.
#722 - January 11, 2024, 01:52:31 AM

  • Hero Member
  • Posts: 63898
  • Points: 290
  • Likes Received: 99
  • Reputation: +18/-46
Emotions can be controlled when we don't open too many positions and don't get too excited about trading activities, use one position and set a stop loss and take profit, then wait until there are results, this will make our emotions stable.
#723 - January 12, 2024, 01:32:14 AM

  • Hero Member
  • Posts: 62252
  • Points: 586
  • Likes Received: 57
  • Reputation: +53/-46
Indeed, sometimes uncontrolled emotions will make it difficult for us to think well when we open positions, we don't need to open too many positions and of course we must always use stop loss and take profit. We just have to wait for the results, we don't need to check all the time.
#724 - January 13, 2024, 01:36:25 AM

  • Hero Member
  • Posts: 63898
  • Points: 290
  • Likes Received: 99
  • Reputation: +18/-46
Emotions that you can control well will have a significant impact on your success. Emotions that you can control. The use of stop loss and take profit is an important thing that you must use appropriately.
#725 - January 14, 2024, 01:09:01 AM

  • Hero Member
  • Posts: 62252
  • Points: 586
  • Likes Received: 57
  • Reputation: +53/-46
controlling our emotions will have a significant impact on us, especially when we open a position. When we open a position, we should maintain our position by using stop loss and take profit and don't be too excessive in observing prices.
#726 - January 15, 2024, 12:48:09 AM

  • Hero Member
  • Posts: 63898
  • Points: 290
  • Likes Received: 99
  • Reputation: +18/-46
So that you don't get emotional easily, set stop loss and take profit when you open a position, always use correct management, don't be too stressed when you trade. When you have opened a position, immediately do other activities.
#727 - January 16, 2024, 01:37:42 AM

  • Hero Member
  • Posts: 62252
  • Points: 586
  • Likes Received: 57
  • Reputation: +53/-46
always using take profit and stop loss is an important thing that you must do when you want to control your emotions, use realistic targets because only in that way can you possibly get an effective chance of success
#728 - January 17, 2024, 12:41:41 AM

  • Hero Member
  • Posts: 63898
  • Points: 290
  • Likes Received: 99
  • Reputation: +18/-46
If you want to control your emotions, don't always check market conditions. When you have opened a position and have set a stop loss and take profit, leave it to other daily activities.
#729 - January 18, 2024, 12:26:51 AM

  • Hero Member
  • Posts: 62252
  • Points: 586
  • Likes Received: 57
  • Reputation: +53/-46
Emotions can be controlled. When you are not too passionate about making a profit, you don't look at MetaTrader all the time. In my opinion, that way you can control your emotions well and make sure you always use stop loss and take profit.
#730 - January 19, 2024, 12:26:24 AM

  • Hero Member
  • Posts: 63898
  • Points: 290
  • Likes Received: 99
  • Reputation: +18/-46
Emotions can be controlled when you are able to trade in a significant way, for example when you always use stop loss, for example when you can always maintain your psychology.
#731 - January 20, 2024, 12:26:38 AM

  • Hero Member
  • Posts: 62252
  • Points: 586
  • Likes Received: 57
  • Reputation: +53/-46
You must be able to control your emotions well when you trade foreign exchange well. You are obliged to use stop loss and take profit when you trade with confidence.
#732 - January 21, 2024, 12:26:53 AM

  • Hero Member
  • Posts: 63898
  • Points: 290
  • Likes Received: 99
  • Reputation: +18/-46
emotions can be controlled. When you are not too big to check MetaTrader to check your trading platform, you only use Open positions using stop loss and take profit is complete.
#733 - January 22, 2024, 12:26:33 AM

  • Hero Member
  • Posts: 62252
  • Points: 586
  • Likes Received: 57
  • Reputation: +53/-46
Don't take many positions at the same time, use stop Loss and take profit properly. You must be able to utilize all of this properly so that you can control your emotions when trading.
#734 - January 23, 2024, 12:26:08 AM

  • Hero Member
  • Posts: 63898
  • Points: 290
  • Likes Received: 99
  • Reputation: +18/-46
When you are emotional, you should not open too many positions, this is one thing so that you can avoid being emotional and not make fatal mistakes.
#735 - January 24, 2024, 12:26:23 AM

Members:

0 Members and 2 Guests are viewing this topic.