Forex Zone - Forex Forum

How To Get Rid Of Panic Habits When Trading

Discussion started on General Forex Discussion

  • Full Member
  • Posts: 160
  • Points: 668
  • Likes Received: 2
  • Reputation: +0/-0
To get rid of panic in forex is to use money management properly, by using lots that are reasonable according to the capital we have, so when we experience plotting minus we can still sit back and relax. It's different when we use elephant lots when we experience plotting minus how many pips we will surely panic because the nominal minus is already a lot.
so the conclusion is that we don't panic, use money management properly.
#106 - November 06, 2021, 11:55:25 PM

  • Hero Member
  • Posts: 619
  • Points: 184
  • Likes Received: 8
  • Reputation: +0/-0
Maybe the feeling of panic that we feel is due to our unstable mental and psychological state, maybe also because our trading skills are still minimal and we are too afraid of losses so that we become hesitant in making decisions.
#107 - November 06, 2021, 11:56:54 PM

  • Full Member
  • Posts: 124
  • Points: 624
  • Likes Received: 0
  • Reputation: +0/-0
Actually, if we are disciplined in trading rules and also apply money management properly then we don't have to panic because if we lose, the losses we experience are not big, especially if we always use stop losses then our capital will be safe. To get rid of excessive fear, we must believe and believe in our own abilities, because then the panic will disappear.
#108 - November 06, 2021, 11:57:47 PM

  • Sr. Member
  • Posts: 456
  • Points: 1017
  • Likes Received: 3
  • Reputation: +0/-0
To get rid of panic, always use a stop loss, so you don't have to worry if the floating minus touches the stop loss, so the loss is not big and can make us calm and not panic too much, besides that, don't be too long in front of the chat, it can make us panic and it's easy emotion,
#109 - November 06, 2021, 11:59:10 PM

  • Sr. Member
  • Posts: 304
  • Points: 9
  • Likes Received: 53
  • Reputation: +0/-0
Overcoming panic is easy in my opinion Because when you feel panic you should be enthusiastic and you must remember that whatever you do will definitely work And whatever you try and strive for will definitely pay off
#110 - November 11, 2021, 06:39:18 AM

  • Full Member
  • Posts: 118
  • Points: 23
  • Likes Received: 1
  • Reputation: +0/-0
We can control panic in trading well through a good trading system, there will be good management and trading planning, there is a profitable system and clear trading rules, so there is no reason for us to panic if we are disciplined to run it
#111 - November 23, 2021, 11:36:40 PM

  • Sr. Member
  • Posts: 289
  • Points: 814
  • Likes Received: 7
  • Reputation: +0/-0
When you use a large lot and don't use a stop loss, that's when panic will arise. The way to prevent this is that you have to use small lots.
#112 - December 01, 2021, 11:10:35 PM

  • Hero Member
  • Posts: 2600
  • Points: 165
  • Likes Received: 193
  • Reputation: +1/-0
The way to get rid of panic is that you are patient and sincere when any risk of defeat will come to you so you will be comfortable to trade I also do that because when we have too high expectations and the results are not in accordance with what we want then we will stressed. So all that must be with patience and full of sincerity.
#113 - December 01, 2021, 11:58:51 PM

  • Sr. Member
  • Posts: 485
  • Points: 1000
  • Likes Received: 2
  • Reputation: +0/-0
If we panic in trading means it shows that we are not ready. Therefore we must do PersiaPn first if you don't want to panic when we are trading.
#114 - December 02, 2021, 03:21:59 AM

  • Jr. Member
  • Posts: 65
  • Points: 565
  • Likes Received: 0
  • Reputation: +0/-0
Actually, when we use a small lot and we experience a small floting loss, we will not panic, therefore to eliminate panic we use a small lot.
#115 - December 07, 2021, 10:37:58 PM

  • Hero Member
  • Posts: 4049
  • Points: 4
  • Likes Received: 260
  • Reputation: +5/-2
What you have to do when you trade so that you don't panic is in a sincere way with what will happen when you are not sincere, then you will always assume panic and always think negatively.
#116 - December 07, 2021, 10:40:36 PM

  • Hero Member
  • Posts: 2360
  • Points: 2
  • Likes Received: 200
  • Reputation: +4/-0
Don't panic. When you can't do anything that you think is right, it's okay to panic. You shouldn't be too much, so when you panic, try to be calm.
#117 - December 09, 2021, 01:59:25 AM

  • Hero Member
  • Posts: 2600
  • Points: 165
  • Likes Received: 193
  • Reputation: +1/-0
Getting rid of panic is indeed a little difficult because the name panic will come when we feel fear or something that tries to make us fail but everything can be overcome when we are calm and patient, there must be a way out so make sure you stay focused on what you are going to do 
#118 - December 13, 2021, 06:11:33 AM

  • Full Member
  • Posts: 111
  • Points: 11
  • Likes Received: 0
  • Reputation: +0/-0
Panic in trading can occur because we are facing a great risk that we ourselves are not ready to deal with it, the solution is to prepare a good trading planning
#119 - December 13, 2021, 06:16:04 AM

  • Sr. Member
  • Posts: 471
  • Points: 102
  • Likes Received: 2
  • Reputation: +0/-5
panic in traing it will easily overcome with good trading planning, so that all of that we have planned well and it will make us calm, so from that trading planning is very important
#120 - December 13, 2021, 10:14:02 PM

Members:

0 Members and 1 Guest are viewing this topic.