Post
Topic
Board Trading Discussion
Re: Emotion and Trade?
by
uswa56
on 19/07/2023, 12:41:33 UTC
It's a killer for most traders I guess, without a patience you surely feel that way, thinking that you need to stop because the market is moving the other side and the chance of losing more might come your way, only to realize that it's just a test and the market will bounce back and pump up even stronger, if you are not ready in that kind of situation for sure you will keep losing your money.

You need to make sure that by stepping into this business, you are both mentally and financially ready. I mean, you are willing to take the risk and you are ready to wait and hold until you hit your target entry and exit positions.

It is very difficult to control emotions, of course everything has been well planned from the start and will be ready with everything but sometimes there are things that are difficult to control and emotions cannot be contained so that it becomes a big problem for traders, this is something that cannot be predicted .
But slowly we can learn some things to be able to control our emotions, I learned a lot from the experiences that have happened because with emotions we will lose everything.