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How to Become Emotionless

  • #401
  • Jul 29, 2020 7:44am Jul 29, 2020 7:44am
Quoting Robertstarc
Always try to take decisions from your mind, not from your heart.
In trading, it is better to take decisions from mind indeed. Otherwise, it's not bad to listen to your heart generally.
  • #402
  • Jul 29, 2020 9:02am Jul 29, 2020 9:02am
Quoting Radtrade
{quote} In trading, it is better to take decisions from mind indeed. Otherwise, it's not bad to listen to your heart generally.
I think there is time for either approach. One should listen to their heart, so to speak, when it is about whether a decision is ethical. When the decision needs to be logical, listen to your mind.
  • #403
  • Aug 2, 2020 4:37am Aug 2, 2020 4:37am
Use your brain because the heart doesn't consider the future, but when you decide on following your heart, take your brain with you.
  • #404
  • Aug 8, 2020 9:58am Aug 8, 2020 9:58am
Try to trade like robot. Maintain trading journal. Follow the trading plan no matter what happen during trading time. Invest small which give you less stress at trading.
  • #405
  • Aug 8, 2020 12:37pm Aug 8, 2020 12:37pm
I personally trade according to a complete system, the system tells me when to do it. so no matter what mood I am in, I just have to follow the rules of my system.
so emotions are excluded from me.
  • #406
  • Sep 13, 2020 6:51pm Sep 13, 2020 6:51pm
Choose trading as part timer. It helps lot to reduce emotion. Effectively follow the trading plan is the main tips to avoid emotion.
  • #407
  • Sep 13, 2020 8:06pm Sep 13, 2020 8:06pm
Although emotions are very dangerous in Forex but we can not become emotionless in Forex trading and when we totally understand the Forex technoques, emotions can play vital role in Forex trading and if we can keep our emotions in limit then it will be easy for us to make good money in Forex trading.
  • #408
  • Sep 14, 2020 12:08am Sep 14, 2020 12:08am
Quoting Awasim
Although emotions are very dangerous in Forex but we can not become emotionless in Forex trading and when we totally understand the Forex techniques, emotions can play vital role in Forex trading and if we can keep our emotions in limit then it will be easy for us to make good money in Forex trading.
The best way to become emotionless is to reduce human factor (participation) in trading. You set the rules, but algorithm trades - I think it is right approach to trading. Also if you want to reduce emotions in trading - concentrate on non-money, performance goals - maximisation of average win, minimising risk (standard deviation) of your returns, decreasing share of losing trades (for example by widening stop loss level), etc.
  • #409
  • Sep 14, 2020 2:46am Sep 14, 2020 2:46am
In fact, the investment of the first control in their own hands, if someone is willing to, we can exchange
  • #410
  • Sep 14, 2020 5:25am Sep 14, 2020 5:25am
Very interesting. I will try to become confortumbly Numb
  • #411
  • Sep 15, 2020 2:46pm Sep 15, 2020 2:46pm
Yes, you are absolutely right. Emotion is the most dangerous enemy in the trading. So, try to control it when you are going to trade.
  • #412
  • Sep 16, 2020 3:07am Sep 16, 2020 3:07am
It is very important to give up emotions in forex trading. You can never make a profit without giving up emotion. If you want to give up emotions, you have to maintain discipline and trade all the time. You have to plan before every trade. It is never possible to make a profit without a plan. And you have to rely on analysis. You have to be satisfied with the profit that comes from trading. You have to meditate before trading and after trading close.
  • #413
  • Sep 16, 2020 3:58am Sep 16, 2020 3:58am
Thank you for the tips. It was actually required
  • #414
  • Sep 16, 2020 4:12am Sep 16, 2020 4:12am
I actually loose in forex because of my emotions
  • #415
  • Sep 16, 2020 7:40am Sep 16, 2020 7:40am
Quoting perryjohn765
I actually loose in forex because of my emotions
I know mate. That's quite challenging.
  • #416
  • Sep 16, 2020 7:53am Sep 16, 2020 7:53am
Many good things are challenging, but the satisfaction when you figure it out is all the better for it.
  • #417
  • Sep 17, 2020 2:46am Sep 17, 2020 2:46am
Trade with money you can afford to flush down the toilet.

If you are emotionally attached to the trade you are going to probably end up shooting yourself in the foot.
Love to talk on Discord: DividendGamer#1324
  • #418
  • Sep 17, 2020 6:45am Sep 17, 2020 6:45am
I don't think you need to be emotionless you just need to understand how to control it because it might get in the way of trading.
  • #419
  • Sep 19, 2020 4:16am Sep 19, 2020 4:16am
emotions is very common attitude which comes from human mind not from intelligence. there is no way to control emotions but if have practice regularly there is a chance to control something.
  • #420
  • Sep 19, 2020 9:54am Sep 19, 2020 9:54am
Emotions are more product of hormones than anything else...
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