Emotion In Trading

[alkeanAnidem]

Problem is that for most beginner retail traders there is not much to "fine-tune". You got your demo account, try to establish your first trading methodology (or system). Seems to work. You go live

[Mr. Cid]

Problem is that for most beginner retail traders there is not much to "fine-tune". You got your demo account, try to establish your first trading methodology (or system). Seems to work. You go live

They are always in a hurry and some of them are aggressive.

[Tija]

They are always in a hurry and some of them are aggressive.

This kind of behavior leads to mistakes and losses. This is why experts always say that when we enter the trading industry, we must be capable of keeping our emotions at bay.

[Sendo12]

This kind of behavior leads to mistakes and losses. This is why experts always say that when we enter the trading industry, we must be capable of keeping our emotions at bay.

In my opinion, emotion is one of the biggest enemy of a trader. Trading can be stressful and if you are always swayed by your emotions, then you have little chance of surviving in the industry.

[Trader_Rob]

In my opinion, emotion is one of the biggest enemy of a trader. Trading can be stressful and if you are always swayed by your emotions, then you have little chance of surviving in the industry.

I agree. I understand that we can get too excited or too scared whenever the market moves. But the thing here is that we must know how to manage those feelings. We cannot always make a decisions based on emotion because we will end up losing everything.

[Aya]

I agree. I understand that we can get too excited or too scared whenever the market moves. But the thing here is that we must know how to manage those feelings. We cannot always make a decisions based on emotion because we will end up losing everything.

In trading, we have to be critical thinkers. Some may be lucky enough to profit on their trades which were based on guts alone, but this will not always be the case.

[AbdulShiek]

In trading, we have to be critical thinkers. Some may be lucky enough to profit on their trades which were based on guts alone, but this will not always be the case.

Bringing emotions into trading is a bad idea as it can impact our decision-making. We have to formulate trading methods based on our trading budget and market knowledge. In addition, it is also important to identify and know the risk levels and benchmarks on when to enter and exit the market.