letter5 Posted June 18, 2014 Share Posted June 18, 2014 well i dont think that it is easy for we to trade forex without having emotion all we have to do is on how we should be controling it whenever it comes so that is it for me. Quote Link to comment Share on other sites More sharing options...
adil007 Posted June 18, 2014 Share Posted June 18, 2014 I am not sure how people can say that they can trade without emotions because eliminating them is never a full possibility, the emotion greed for profits is mostly over there with us in every trade and the fear of loss before starting a trade is also with us. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted June 19, 2014 Share Posted June 19, 2014 I think trading without emotions is possible , but not for every one , because it needs some experience and special skills , may be it is available for professional traders only. Now I'm trying to implement a money management in the contest demo account.Currently I am participating in Armada Markets demo contest and link Quote Link to comment Share on other sites More sharing options...
tray22 Posted June 20, 2014 Share Posted June 20, 2014 We all know about this that trading without emotion is very good and important but at a long run I guess that is impossible emotion is one of the thing which we never dream to trade with but surely sometime you will experience such circumstances as well Quote Link to comment Share on other sites More sharing options...
TenkoFx Posted June 20, 2014 Share Posted June 20, 2014 I never trade with out emotion because i think the emotion is the part of the forex trading business and you will not trading with out the emotion and feeling because it is the naturally in the forex trading and you do not do any thing.  Investment Forum for all question about performance of fund manager in TenkoFx Quote Link to comment Share on other sites More sharing options...
tray22 Posted June 20, 2014 Share Posted June 20, 2014 That is very true trading without emotion is very hard but we can try and minimize the level of our emotion as I know the emotion of a thing that is naturals when its come to forex trading mostly the newbie trader do fall trap to it Quote Link to comment Share on other sites More sharing options...
uncle gober Posted June 27, 2014 Share Posted June 27, 2014 important if traders get used first with the pressure and risk. if traders know that they deal with loss result and accept it, easy to them to be discipline in trading and reduce emotions take control over. traders need to have strategy and risk management plan too which able to give them guidance in trading. and thus, they'll not rely on luck or guessing in make trading decision. Quote Link to comment Share on other sites More sharing options...
sasuyas0ri Posted June 28, 2014 Share Posted June 28, 2014 The most important thing is that we MUST be able to control it. However the situation. When you get lose, can you control your anger? Or, when you win. Can you hold your emotional to win bigger? Â That is why we must be able to control and management some aspects in trading. Without control and manage them, you will be a bad trader. Quote Link to comment Share on other sites More sharing options...
malik Posted July 1, 2014 Share Posted July 1, 2014 Once the trader is trading with thoughts, he / she will not be capable of focus on his trade. Emotion is often controlled from the trader for the reason that if she or he won't Management it, that emotion will probably Manage the trader by making her or him to shed. Quote Link to comment Share on other sites More sharing options...
letter5 Posted July 6, 2014 Share Posted July 6, 2014 well it is difficult to trade without emotions because once that we are dealing anything that is of money i think that emotion must take place but we should know how to control it. Quote Link to comment Share on other sites More sharing options...
Decub Posted July 10, 2014 Share Posted July 10, 2014 A lot of people think they can but the truth is that what I have seen Forex become, it makes it difficult to earn or trade without emotions. The underlying question would be, how much of these emotions do the traders express. If someone could stand head tall and say that Forex hasn't any emotion that comes with it, then the person must not have been trading. Quote Link to comment Share on other sites More sharing options...
Stekin Posted August 10, 2014 Share Posted August 10, 2014 A trader can be able to trade without emotion but this thing is also a very difficult thing. What we can do is to try and suppress our emotion. Emotional trading is what do lead some of the traders into losing their money from forex and it is better when we try to avoid trading with emotion. Quote Link to comment Share on other sites More sharing options...
rexway Posted August 11, 2014 Share Posted August 11, 2014 Trading without emotion is very very impossible because sometime we need and encounter emotion unexpected so all that we need is good knowledge and skills on how to handle it properly Quote Link to comment Share on other sites More sharing options...
budado Posted August 12, 2014 Share Posted August 12, 2014 Trading without emotion is very very impossible because sometime we need and encounter emotion unexpected so all that we need is good knowledge and skills on how to handle it properly This is totally false. When I was a newbie I have sleepless nights and down with depression. Getting a lot of loses and MC. But its only took me three months to over come this feeling. Its only newbies who is getting emotional. Once you start making profit you are trading with confidence. I'm trading with 14 trading accounts right now and hoping to add six more. And I don't get emotional. So its totally possible. Quote Link to comment Share on other sites More sharing options...
rexway Posted August 13, 2014 Share Posted August 13, 2014 @budado, that is absolutely fales ,how can you say its only the newbie trader that do encounter emotion have you forgoten that emotion is human feeling are you good to stop your feeling, the only thing which you can tell me is that our emotion can be control period but saying we can trade without emotion that is absolutely fales even the professional trader do encounter emotional feeling ,i have been in forex trading for about 4yers now so what you said need more correction Quote Link to comment Share on other sites More sharing options...
tray22 Posted August 15, 2014 Share Posted August 15, 2014 Nobody can trade in this market without emotion if you think that this is possible then go ahead and trade with greediness then you will out that what you will get at the end of the day is loss and failure Quote Link to comment Share on other sites More sharing options...
Stekin Posted August 17, 2014 Share Posted August 17, 2014 It will be hard if we say we want to trade without having emotions because the forex trading business is a type of business where we mix it with emotions. In other to prevent this thing, we should be able to control our emotions and that is what will give us the courage to trade. Quote Link to comment Share on other sites More sharing options...
myregister Posted October 20, 2014 Share Posted October 20, 2014 Yes i can trade without emotions but for this i want to be able 100% sure with my trade , if i go 450 pips in negative , i do not fear on that trade because i am 100% sure. another one i use 0.50% equity of my total account size if i see my trade is in loss i do not fear because it is just of 0.50% of my total account size. by the way i did not go negative in 185 pips its my -ve pips target.  this is the only way u can trade with out emotions but be sure 100% of your trade .for that you ask me how can i am 100% sure on trades then my trading formula....... How about if i close my position when i got -450 pips? am i fear? am i loser? LOL, this is bad if you have thought like that. Fear is one of our emotion which inherently already built in inside of us. Using fear efficiently could lead to less or no pointless loss. Be fearful when the others are greedy. Quote Link to comment Share on other sites More sharing options...
budado Posted October 23, 2014 Share Posted October 23, 2014 How about if i close my position when i got -450 pips? am i fear? am i loser? LOL, this is bad if you have thought like that. Fear is one of our emotion which inherently already built in inside of us. Using fear efficiently could lead to less or no pointless loss. Be fearful when the others are greedy. Its stupidity in his part to hold his losing position and even reach -450 pips. This guy totally have no idea about SL, risk and money management and doing analysis. At most I can loss in one trading position is 50 pips. That's the most I am willing to loss. I don't hold my position just to loss. If I close it and open an opposite position then I end up having 450 pips profit instead of -450 pips. lols. Quote Link to comment Share on other sites More sharing options...
boltushkin Posted October 24, 2014 Share Posted October 24, 2014 Without emotions? I think its impossible to get rid of them, cuz its a main component of our personality. Of course if you trade to follow trading plan you can somehow cope with them, but I can say that other side of trading will be harmed as well. Thankfully my low spread broker Hotforex, allows me to save on trading costs and that's why I am still on balance and even sometimes make profit from this crazy market.. Quote Link to comment Share on other sites More sharing options...
rexway Posted October 24, 2014 Share Posted October 24, 2014 I dont think that any trader can trade forex without emotion because emotion is one way which we can get loss so the very setp is for us to try and trade with good knowledge and understanding to get the best Quote Link to comment Share on other sites More sharing options...
myregister Posted October 24, 2014 Share Posted October 24, 2014 I dont think that any trader can trade forex without emotion because emotion is one way which we can get loss so the very setp is for us to try and trade with good knowledge and understanding to get the best Well i don't get what do you mean here dude, but i think that i agree with you since no one trader that trade without emotion, and if they don't have emotion, traders will never trade in forex. Our greediness and our other emotions that drive us to trade, now what we can do to manage it well and not let it overcome us. Quote Link to comment Share on other sites More sharing options...
kaito kid Posted October 28, 2014 Share Posted October 28, 2014 Forex is the most traded market currencies in the world, no one can work without feelings, but there are estimated to control his emotions so he can achieve higher profits, especially the feelings of fear and greed they usually perform to loss. But my broker ( FBS ) provide me insurance for my account Quote Link to comment Share on other sites More sharing options...
myregister Posted December 13, 2014 Share Posted December 13, 2014 Without feeling? Wow this is too much i think, we cannot trade without emotion, if we don't have emotion we then don't want to earn money in this business and think it as nothing. What you should know that we need to trade with this emotion under control and keep it at lowest level. Quote Link to comment Share on other sites More sharing options...
TenkoFx Posted December 17, 2014 Share Posted December 17, 2014 Forex trading business is cool and free minded online trading business, by emotion trading not wise. some time emotion touch me then I get loss. Quote Link to comment Share on other sites More sharing options...
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