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  1. #1
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    Jul 2020
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    162

    The disadvantages of not having control over emotions in trading?

    Trading base on emotion like overtrading, revenge trading can be dangerous. So, it is better to avoid emotion or control emotion in trading. We know it is hard to control but not impossible. There are a lot of EAs in the market which helps you to trade emotionlessly in the forex market. My broker provide all kind of essential tools and support all EA in the market.

  2. #2
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    Dec 2020
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    Quote Originally Posted by Christopher Chamberlai View Post
    Trading base on emotion like overtrading, revenge trading can be dangerous. So, it is better to avoid emotion or control emotion in trading. We know it is hard to control but not impossible. There are a lot of EAs in the market which helps you to trade emotionlessly in the forex market. My broker Eurotrader provide all kind of essential tools and support all EA in the market.
    When we are trading in the Currency markets we will tend to have Emotions in our trading. We have to understand and make Efforts so that we are able to bring down the Emotions in our trading.

  3. #3
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    Jan 2021
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    346
    there can be a lot of such consequences, but the most important thing is that your emotions directly affect the decisions made and the results obtained, therefore emotions need to be controlled

  4. #4
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    Jan 2021
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    A lot of traders fail and cannot reach a new level of earnings precisely because they face psychological obstacles that provoke him to doubt his trading plan or taking specific actions at the current time.

  5. #5
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    Apr 2020
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    In this industry, the ability to control emotions plays an extremely important role. It is worth realizing that emotions can solve many situations not in favor of the trader.

  6. #6
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    Jul 2020
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    Usually emotions do not bring any positive result. Most often, an emotion trader can make far from the right decisions in trading.

  7. #7
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    May 2020
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    111
    The inability or unwillingness to control your emotions while trading will lead you to undesirable results, because you will lose control over the situation.

  8. #8
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    Jun 2020
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    200
    It is very important to set goals in trading. Success is never achieved without a goal set. Because if you don't know how far you want to go by trading, then how do you meet that goal. Proper money management and risk rewards must be followed to move towards the target. You can select a good trading broker like Forex4you to make huge money from this market. They will help you to make the right decisions at the right time.

  9. #9
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    Dec 2020
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    Quote Originally Posted by Lewis Flabian View Post
    It is very important to set goals in trading. Success is never achieved without a goal set. Because if you don't know how far you want to go by trading, then how do you meet that goal. Proper money management and risk rewards must be followed to move towards the target. You can select a good trading broker like Forex4you to make huge money from this market. They will help you to make the right decisions at the right time.
    As Aspiring Forex traders we have to set some goals and then we have to make a plan that can be used to achieve those goals.

  10. #10
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    Apr 2020
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    It is very important to be able to control emotions while working. When I started working with a broker from Amarkets, I made conclusions for myself in this regard.

  11. #11
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    Jul 2020
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    It is worth understanding that emotions can very negatively affect the results of the trader. In my opinion, this is really important to understand in the process of work.

  12. #12
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    Apr 2020
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    Emotions can very much affect the trader's decisions, and the consequences are usually already in monetary terms. This should be taken into account, and most importantly - not to forget.

  13. #13
    Join Date
    Aug 2020
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    157
    It has been said that 95% of the traders are loser. However, no such research paper exists that demonstrates this number right. The reason is generally speaking trading decisions are not established on sound research or took a stab at trading techniques, yet on sentiments, the prerequisite for preoccupation and the might want to make a million dollars in your dress. What traders reliably ignore is that trading is a calling and requires capacities that ought to be made over years. I am trading with Eurotrader, a regulated broker with great trading environment. It provides a wide range of trading services.

  14. #14
    all the same, emotions in forex have different sides, there are positive ones, but there are also those, because of which you can drain all your money

  15. #15
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    Jun 2020
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    If you do not control your emotions while trading, there is a chance that you miss important points and lose control over the trade.

  16. #16
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    May 2020
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    The most important thing to understand is that emotions harm the trader himself. It is very easy to make a decision on emotions, which can then be very expensive for a trader.

  17. #17
    We are all quite emotional, and even despite the fact that someone is more restrained, and someone is more fed with their emotions in Forex, you still need to learn to control yourself.

  18. #18
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    Jan 2021
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    all the same, in any occupation, if you know how to control your emotions, then this is a huge plus in your work, even the results will be better, and of course the profit

  19. #19
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    Apr 2020
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    Here, the biggest downside is that a trader on emotions can actually get a significant loss, which is not the most positive result for a trader.

  20. #20
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    Jul 2020
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    It is worth understanding that under the influence of emotions, the trader can really make not at all the decisions that would be worth making in such situations.

  21. #21
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    Dec 2020
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    35
    Emotions in trading have always been one of the main driving forces of the market and the main reason for losing money. A trader simply has no right to start trading until he learns to manage his emotions and adequately respond to any market situation.

  22. #22
    Join Date
    Jan 2020
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    257
    In Forex market facing loss is a common site and very there is no way to fully avoid the loss without using any advance technique in the trading. There are many brokers who are allowing their clients free risk managing techniques and Tpglobalfx is one of the highly regulated Forex brokers who help their clients by providing them free and advanced risk managing tools such as – stop loss, trail stop and take profit.

  23. #23
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    Apr 2020
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    Emotions in the process of work really play an important role. It should be understood that this is really the key task of the trader - to correctly understand the work and results of the work.

  24. #24
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    Jan 2021
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    such a situation can lead to the fact that you simply merge your entire deposit, and you will be left with nothing, so you should always pay attention to such moments, the guys from Amarkets gave me a clear message, they explain everything well and sensibly in the process of work, well done

  25. #25
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    Dec 2020
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    Quote Originally Posted by Diedriarekh View Post
    such a situation can lead to the fact that you simply merge your entire deposit, and you will be left with nothing, so you should always pay attention to such moments, the guys from Amarkets gave me a clear message, they explain everything well and sensibly in the process of work, well done
    We need to learn the trading skills in a way that can help us in making profits from this business. This is why we have to get ready for the forex markets.

  26. #26
    Join Date
    Apr 2020
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    100
    At the initial stage, it can be difficult to refrain from sincere joy and worry about your successes and failures, but learning to deliberately lower the level of emotionality is in the trader's interests.

  27. #27
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    May 2020
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    When I first started working with a broker from Amarkets, it was really difficult for me to contain my emotions. Now, with experience, it is much easier for me to do this, which affects the result.

  28. #28
    The influence of emotion on our trading and investing process is enormous, and it is dangerous to underestimate it. It is important to understand that most of our emotions are shaped by our cultural environment.

  29. #29
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    Dec 2020
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    Asia
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    Quote Originally Posted by Gavinragda View Post
    The influence of emotion on our trading and investing process is enormous, and it is dangerous to underestimate it. It is important to understand that most of our emotions are shaped by our cultural environment.
    In the business of Forex trading the main and the important factor is to be able to learn trading in a way that is easy for us and can help us in making the profits.

  30. #30
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    May 2020
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    It should be understood that without controlling emotions, a trader can really make decisions that may not have the most positive result in the future.

  31. #31
    Join Date
    Dec 2020
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    Quote Originally Posted by malopis View Post
    It should be understood that without controlling emotions, a trader can really make decisions that may not have the most positive result in the future.
    We will need to learn how to control the Emotions that are present in doing our trading. In this way we can make a visible progress in the currency markets.

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