Community Forex Questions
How can we handle emotional trading?
Emotions are a normal part of life, and in the case of trading it is even more normal to feel certain emotions such as fear, insecurity and feeling unsure. All this needs to be put under control as otherwise it can negatively impact our decisions and lead to losses. I think that the best thing to do is to be careful but not too frightened to take certain steps. Before making a decision it may be helpful to ask yourself, would this be the decision I would be making if I was almost completely sure that I will win, or am I being too confident or underconfident? Judging your emotions might be hard at first but in time you should get used to it.
Emotional trading is based on sentiment and what you feel the market will do not trading on the actual facts of the market. This normally leads to losses because traders do not know when they trade on this devilish feeling. Emotions should be controlled when you trade. We can not trade with emotions because it may harmful to our trade even we can get a margin call. Always take the positive side if we face a bad situation. It can help us to make a good profit in forex.

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