Quote from: TheSpiral on September 25, 2023, 06:35:19 PM

Quote from: BRINIRHA on September 21, 2023, 02:42:24 PM

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.

In trading you cannot be successful until you stop to decide emotionally and if continuously your work will based on emotions then you will always assume that trading is difficult but will never recognize your mistakes.

Actually sometimes a person make good expectations but due to Volatility these expectations does not achieved so it is important for such person that before starting trading you should fully understand volatility keep in mind that you will take decision according to the condition and will never leave your emotions uncontrolled.

Take the situations into account and then decide whether to trade or not because some people trade all the time as a result of which they loss the gaining percentage too.

Well, that's right. Sometimes when we enter the market too often and we trade too often without giving our mentality enough rest it will also make it more difficult for us to control our emotions. We must always have a break in trading to calm our minds and restore our thoughts so that they are fresh again.

Mental fatigue is sometimes more dangerous than physical fatigue. Because wrong decisions can arise when we make decisions when our mentality is tired and needs rest. And emotions are closely related to our mentality. Everything requires high discipline, such as emotional management, financial management and time management. Everything must also be applied in making our trading plans.

Without careful planning, a person can fall into impulsive actions. Which made him forget the risks he was taking. And this is very important to pay attention to because as traders we have to know the risks we are taking and we also have to be prepared for the risks we are taking. So it is true that we also need to study the volatility in the market before deciding to enter or not.