Quote from: BRINIRHA on Today at 02:42:24 PM

Quote from: irhact on Today at 01:16:07 AM

Quote from: BRINIRHA on September 20, 2023, 11:04:18 AM

Indeed, many traders cannot control their emotions when they are too focused on profits and do not want to accept the losses they have experienced. They think they have to trade again immediately to return the money they have lost due to losses. In fact, it would be better if after experiencing a loss we had to take a break to calm our minds and then start to re-formulate our trading strategy when our minds are calm. We really have to learn to accept defeat and also have to learn from defeat. Usually emotions cannot be controlled in trading due to a trader's lack of insight and experience.

Its very easy to say then to do but you're correct, when we lose a trade we shouldn't start a new trade, we should give it sometimes to rethink and put our thinking together properly because some reason why we lose when we're trading is because we're not in our right senses as we might be dealing with some emotional problem that might affect our right decision making. Many individual has emotional problem but they don't admit it which make it difficult to solve.

Putting your trade on an automatic mode can also help you control your decision, if you know you're having a problem changing a decision you made when you enter the trade, you can set stop loss or take profit so when the market gets to those prices, it does it automatically.

It is true that controlling emotions in trading sounds easy to do. But yeah, this is even more difficult than learning the analyzes in trading. Because emotional management in trading cannot only be studied through theory. But this involves a person's psychology. So it takes more than just theory. But it also takes experience to control emotions.

But yes, one thing that a trader must have if he wants to improve his emotional management is that he must realize his own mistakes. And he must realize that he does have difficulty controlling his own emotions. And if someone is not even aware of this. Then he will not be able to learn from experience forever.

You would really be able to read up peoples responses and advises in regarding about control and discipline but the fact that it might really sounds too easy but on the time that you are on the field then things turns out

to be that different and you would really be able to realize that it was never been easy to be on the shoes into those people who do make out some mistake and errors with their trades just because they cant really be just that able to control themselves or able to assess on what are the things that must done on a particular situation and we know that its never been that so simple to take up on what decisions you would really be making.
Just like been said above that we are just humans and we dont really like on losing money on which it would really be just that normal that there would really be reactions in regarding into that situation on the time that we do lose money then sometimes we could really become that impulsive and this is where emotions and psychological aspects would really be greatly affected on which it would really be totally
messing up your earlier analysis which is something that must really be avoided in the first place.

Emotions could create that impulsive approach which would really be derailing you into your earlier analysis which this is most likely to happen for most people and this is why
mistakes do really that happen and regret do always at the end.