That's true because emotions can explode when people make a profit or when they experience a loss. How to control emotions is an important part of trading and although most people think that emotions will form as experience gets better. When our emotions are excessive, it makes it difficult for us to make decisions in trading and we end up taking shortcuts that will end in losses. Controlling emotions is not easy, but knowledge and experience will make someone understand how to control them better.
Loss controlling with emotion bring bad impact for us in trading position, all planning before in trading possibility loss if can't control well with emotion how much limitation price increasing for selling or holding and make decision to stop loss.
The most important key in trading how to control emotion not only with the profitable position but also how to face when price dropping and keep calm for holding without get panic moment for selling.
If some one want to make guide how to be success in trading better put the emotional on the first number, its very important for beginner or an expert in trading can manage or controlling their emotion after getting profitable or losing position.