Quote from: Rockstarguy on April 11, 2024, 08:41:09 PM

Quote from: Youngkhngdiddy on April 04, 2024, 02:32:39 PM

These are some methods and practices I think traders could use in controlling their emotions when they lose while trading, you could give your opinions or add more if you got any, also I'm open to corrections so feel free to include some corrections in any statement you feel I'm wrong.

One of the things that makes traders to go so emotional is when they use a big amount of money to trade. Greed has always been the reason why people many traders trade with them amount that they can't afford to lose thinking thst they will be able to make profit so fast and they end up losing good amount of money because their understanding about trading is not good enough. The most important thing that traders don't need to take for granted is to know the right amount which is needed for trading.

A lot of traders go into trading to trade with the amount that they can't afford to lose and doing this always makes one to be emotional when money is lose in trading .

People come up on a idea that they can easily get a good stretch on their capital especially if they put all their money on the trades they made. And sometimes they won but also sometimes they fail that's why we can see them keep coming back to do this actions since they know that there's something to expect here.

If people want to avoid more bigger problems then maybe they should start eliminate the fear in them and go to the right person that can teach them on how they can possibly teach to became a pro. Traders should not go beyond on their capacity like they only trade what they can afford to lose at that time, since for sure their experience towards trading is satisfying especially if they develop some useful attitude that can help them to do good trades..