Greetings!
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
In everything we do in this world, there is always two things that we need to choose where it is between good or bad. Now by managing our emotions you have two choices to be made, first your emotion controls you or you'll be the one who will control your emotions for you not to encounter bad things result in trading. Now the choice is yours
Totally agree with you. You always need to control your emotions. And not only in trade, but in everyday life. Usually emotional actions create only problems. But it's very hard to give up emotions. But eventually it will turn out