Quote from: imamusma on November 15, 2022, 09:43:55 PM

Quote from: mk4 on November 15, 2022, 03:50:02 PM

There's a reason why a lot of successful traders use algorithms/bots/scripts to execute their trades it's to take as much emotion as possible out of the picture.

I get a good point, you are correct on this. Basically, uncontrolled emotions can make traders lose money in the market, whether it's in futures or spot trading. Emotion management is a must have for every trader, but if they use tools like bots then it will be very helpful.

Watching market volatility during trading will allow anyone to lose control of their emotions, especially if the market is undergoing a sharp correction.

If you jump in trading without even gaining knowledge and insights at first, then you will surely struggle in trading and find it hard to fight with your emotions. So if you keep on trading along with your emotions, you will never be successful and profitable in the end. The hardest part in trading is to trade while controlling your own emotions, and for me even pros in trading still fall on this which makes it very hard to fight.