Quote from: radjie on January 10, 2020, 05:22:15 PM

Quote from: MWesterweele on January 09, 2020, 08:44:33 PM

Quote from: acdc on December 24, 2019, 05:25:20 PM

I think the most important thing to become a trader is to control your emotions. Many new traders often let their emotions overwhelm and they often make the wrong decisions. If you have negative thoughts while trading, it is best to stop and resolve those emotions before returning to your trade.

This is the most importanf thing for me, because with this it can change everything, we can win or we can lose, a proper mindset is needed for us to make a right choice in everything. Trading and gambling needed a healthy mind so that we cannot lose our money just because of our emotional capability. This must be considered.

having emotional control in trading is very necessary to be able to make the right decision when to make purchases and sales at the specified price to get profits and avoid losses. if we trade without emotional control, of course it will be easy to become a greedy trader, because in his mind only always expect big profits, but does not take into account the risks to be faced

Overtrading I think is a result of being emotional when it comes to a trader who just lost some money they tend to become aggressive to trade fast like in 5 minute chart. I find it difficult in this level unless you are too good to monetize the leverage you got being a scalper. Its best yo check the charts in lower time frame from daily to weekly to identify where the market is going for the whole week.