Disliked{quote} They will feel more better if they set their emotions out from trading, IMO!Ignored
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Disliked{quote} They will feel more better if they set their emotions out from trading, IMO!Ignored
DislikedFor looking into the psychology of your trading mind, I would recommend reading "Trading on the Zone" by Mark Douglas, and "The little book of Behavioral Investing" by James Montier. Very informative reading.Ignored
Disliked{quote} I don't know about going insane, but the risk of burning out emotionally is very real. It exists with every job, really, trading is no different.Ignored
Disliked{quote} I do agree with you, emotional outburst is inevitable everywhere. But Even I have seen people going real crazy about their trading which made the game even riskier for them.Ignored
DislikedTrading is difficult. In trading, we can get quite a bit of stress. When a position begins to turn against us, that's when we begin to feel it. The red arrows on the chart accompany all the fears of failure that rush through our brains in nanoseconds. As the loss continues to stack against us, that stress becomes more and more profound; making the concept of taking action even more intimidating. And this is precisely how our fight-or-flight instinct can negatively affect us in trades, as we allow ourselves to make decisions in extremely stressful...Ignored
DislikedThis is why, I am trading with a fixed trading lots fixed! I see, multiple trading lots size dominate my emotions and greed! In this case, fixed trading lots size is much secure! Money Management is the core point of success.Ignored
Disliked{quote} If it works, why not? I'm not sure I'd be able to focus entirely on pips though. The market and price changes are of course the basis that needs to be considered, but how you are moving all with your trading is signalled in the profit. It's like a signal that you are on the right track (for the moment of course, as changes can be instantaneous). On the other hand, from personal experience I know that constantly checking the profit can be quite focus-drinking and emotion-unleashing..Ignored