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Management
- Thread starter Anthooo
- Start date
Polakandil
Well-known member
It is not an easy task because as human nature, however, we can try it with several tips.
-Build a good mindset, loss is sometimes inevitable, and want or not must accept it, if you feel emotion after loss, close the chart and take a cup of coffee or something else to build positive views.
-Plan the trade and trade a plan, think about the risk first, limit the risk level to 2%, and focus on entries to get the best price, profit is a bonus from discipline.
-Avoid fear of missing out, don't chase the rally price, and wait on the good zone.
-Scheduled trading, let's say one day only open two orders and then stop trade if already done and wait the next day market again.
-Discipline as a habit, Discipline may not guarantee success, however all successful people most of them work fully disciplined.
-Build a good mindset, loss is sometimes inevitable, and want or not must accept it, if you feel emotion after loss, close the chart and take a cup of coffee or something else to build positive views.
-Plan the trade and trade a plan, think about the risk first, limit the risk level to 2%, and focus on entries to get the best price, profit is a bonus from discipline.
-Avoid fear of missing out, don't chase the rally price, and wait on the good zone.
-Scheduled trading, let's say one day only open two orders and then stop trade if already done and wait the next day market again.
-Discipline as a habit, Discipline may not guarantee success, however all successful people most of them work fully disciplined.
FXOpen Trader
Well-known member
Managing the Emotions while doing our trades is the main part.
Fin_Trader
Well-known member
Negative emotions can arise for the following reasons: losses and fear of losses, unmet expectations and disappointment, stress from uncertainty, inexperience. Therefore, we need to develop our own profitable trading strategy and disciplinedly follow all its rules, as well as control risks. In this case, fear, uncertainty and inexperience will disappear and trading will be more informed and profitable, especially if you trade with a reliable broker like FXOpen and do not fear for your investment in trading.
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