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How to Become Emotionless

  • #321
  • Jul 24, 2019 1:01pm Jul 24, 2019 1:01pm
Quoting TradeTarsier
trade 1H and UP charts. it's more of a out of sight, out of mind kind of approach.
That's a good point. I'd even say 4H and 1D and up.
  • #322
  • Jul 25, 2019 9:41am Jul 25, 2019 9:41am
Just stop looking at most bullsh*t systems existing in the forums. Most teach but with no results/proof. Try to learn puzzle pieces or basket of techniques, then look at how the market flows through back-testing and form a strategy that suits your belief. Make sure your strategy is FIXED, can't emphasize this more enough, trade safe
  • #323
  • Jul 25, 2019 1:30pm Jul 25, 2019 1:30pm
Or at the very least test your trading system extensively before using it with a live account.
  • #324
  • Jul 28, 2019 5:06am Jul 28, 2019 5:06am
Quoting mlawson71
Or at the very least test your trading system extensively before using it with a live account.
In addition, traders need to test the trading strategy for a long time; only based on few trades and then evaluating the strategy is meaningless!
  • #325
  • Jul 28, 2019 12:12pm Jul 28, 2019 12:12pm
Quoting GeorgeBaile
{quote} In addition, traders need to test the trading strategy for a long time; only based on few trades and then evaluating the strategy is meaningless!
My thoughts exactly.
Awesome, it works for a few weeks. Next month the market will look differently, will it still work?
  • #326
  • Jul 28, 2019 11:14pm Jul 28, 2019 11:14pm
Trade without looking at the balance and keep following the trading plan, this helped me a lot with this problem
  • #327
  • Jul 29, 2019 12:31am Jul 29, 2019 12:31am
Quoting emaespindola
Trade without looking at the balance and keep following the trading plan, this helped me a lot with this problem
Same strategy from me; I already hide my balance section from my live trading chart! It really helps!
  • #328
  • Aug 10, 2019 12:00pm Aug 10, 2019 12:00pm
I do that too, or I just get too stressed out.
  • #329
  • Aug 12, 2019 11:47pm Aug 12, 2019 11:47pm
Quoting emaespindola
Trade without looking at the balance and keep following the trading plan, this helped me a lot with this problem
That's ignorance, learn acceptance and facing it will be a healthier option for long term.
  • #330
  • Aug 13, 2019 4:07am Aug 13, 2019 4:07am
Quoting emaespindola
Trade without looking at the balance and keep following the trading plan, this helped me a lot with this problem

If this is your solution then you are not ready to trade the amount of money you have in your account.
  • #331
  • Aug 13, 2019 4:56am Aug 13, 2019 4:56am
Trade till money is just a number. Once you get your strategy right, sticking to the strategy & accepting losses really helped for me
There can be no peaks without troughs
  • #332
  • Aug 13, 2019 11:27am Aug 13, 2019 11:27am
If you ask me, money already has to be just a number when you start trading.
  • #333
  • Aug 31, 2019 8:12am Aug 31, 2019 8:12am
yes agree with completely mlason71. right point you have mentioned.
  • #334
  • Aug 31, 2019 10:39am Aug 31, 2019 10:39am
Quoting AlexImam
yes agree with completely mlason71. right point you have mentioned.
Thank you!
I really think that's the best way to avoid anxiety regarding one's trading.
  • #335
  • Sep 5, 2019 1:43pm Sep 5, 2019 1:43pm
Use a mirror strategy
You can just sit and watch how your deposit gradually decreases
I try to run every morning. I listen to good music and clear my mind.
I can meditate 10 minutes a day to feel calm.
I have one very important rule. I never trade Frex when I am in a bad or good mood. I trade only when my mood is normal. I am not concerned about external factors and I can disconnect from the outside world and immerse myself in trade.
I noticed that a state of calm gives the greatest profit. Just do not start working with the thought that you turn off emotions and money will flow. It is necessary to start work without any thoughts at all.
  • #336
  • Sep 6, 2019 11:23am Sep 6, 2019 11:23am
What do you mean by "a mirror strategy"?
  • #337
  • Sep 17, 2019 12:21am Sep 17, 2019 12:21am
Imbibe discipline in your day to day activities,it will help you to remain disciplined when you trade also. And when you are disciplined you will be able to control your emotions and meditation can help you achieve all that.. You can even use a trading plan and stick to it to avoid emotions when you trade.
  • #338
  • Sep 17, 2019 5:02am Sep 17, 2019 5:02am
Quoting mlawson71
What do you mean by "a mirror strategy"?
i think minor strategy means very short time trading approach which is way to bring profit instantly.
  • #339
  • Sep 17, 2019 11:21am Sep 17, 2019 11:21am
Quoting MarkFxAnde
{quote} i think minor strategy means very short time trading approach which is way to bring profit instantly.
I see. Why is it called that then?
  • #340
  • Sep 21, 2019 4:42pm Sep 21, 2019 4:42pm
Also one important factor is your environment. Specially what happens around you, tour offoce, your family during.your trading sessions. That mat affect your emotional state and control a lot.
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