Post
Topic
Board Trading Discussion
Re: How to get rid of emotions when trading
by
Omega Weapon
on 18/06/2018, 23:15:34 UTC
Getting emotional for your money is normal but minding it for so long isn't. Getting rid of your emotions while trading might broke you. The right way to manage it is to control it example trading dedicate yourself into giving you heart and mind to pick the best suited for you being emotional on your loss won't give you knowledge instead learn from your mistakes and strong dedicate yourself from learning and soon controling your emotions will be natural.
Controlling your emotions gets harder the shorter the time span you use for trading or investing, if you are a long term holder controlling your emotions is easier since you do not need to take decisions in a split of a second so you can think about your decision for weeks and months and evaluate why an option is better than the other one, but if you are a day trader this is a lot more complicated since you need to take fast decisions and your emotions will be way more influential in the way you take decisions.