Quote from: Lanatsa on July 21, 2023, 09:55:28 PM

Quote from: Fredomago on July 20, 2023, 02:49:26 AM

Quote from: uswa56 on July 19, 2023, 12:41:33 PM

Quote from: Fredomago on July 19, 2023, 10:53:27 AM

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.

It's better to learn even in a little way, by experienced you'll be able to enhance your anticipation and it's important to analyze and anticipate what will be the next market movement, emotion should be taken away when you position your entry or when you are positioning your exit, it's matter the most not to be moved by your emotion but instead it should be by knowledge and experienced.

More on your determination and practice with whatever strategy you wanted to execute and what patterns you want to follow.

The more experience you do have or engagement the more skills you would be able to develop and the more you do have that good self control when it comes to emotions which is something that you should be

taking slowly but surely kind of pace and not into those people who are really that rushing on knowing everything or in one go on which it is something that not recommendable. Dont rush up on things if you
dont like on suffering lots of mistakes and errors because this is where people would usually be ending up on losing money because they are really that too rush up on decisioning on things.
Emotions are normal since we are just humans and we dont really like on losing money on which it is really just that common to have that kind of reaction on the time that we do really make
out these kind of engagement.

Trading is never been that simple or something that you could really be able to bare up the risk with and plus with having that unpredictable and random market when it comes to
movement then this would be molding up lots of emotions and boggling in your mind and this is why its always been a challenge for everyone who are really that engaging into it.

As long your determination to learn things, there's no doubt that with experienced you'll learn how to react in each market situation, it's not easy to adopt but it's doable when you are willing to adjust in the sense that you'll be able to see potential compensations, trading is more on preparedness and having that ability to anticipate the right way, though there's no accurate prediction but there's always a trace that you can use as basis or patterns that will guide you to anticipate the possible next market run.

More on how you take it seriously and how you will process each market outcome and use it for future market trade, adjust and always find the best possible way to adopt with every entry and exit position that you will going to take.