hmm. But I look at it the other way. That Emotional factor is the problem in following the plan. In the start traders normally stick to the plan, but after some losses, their emotions start controlling them. At this point they will deviate from the plan.

Originally posted by Champ

hmm. But I look at it the other way. That Emotional factor is the problem in following the plan. In the start traders normally stick to the plan, but after some losses, their emotions start controlling them. At this point they will deviate from the plan.

 

That just means that they either:

A) Don't believe the plan works.

B) Don't understand about forex.

This kind of problem only happens to newbies.

Originally posted by CheckDavid

That just means that they either:

A) Don't believe the plan works.

B) Don't understand about forex.

This kind of problem only happens to newbies.

100% agree with you. Because these factors do not effect on Pros. Only newbies are effected who do not know how to make a good plan or their plan do not work. They do not know about forex.

Originally posted by Champ

 

Originally posted by Jogi

 

Exactly!

And appart from this, I think there is a problem, it is that emotions are seen as a cause rather than the effect, no one ever thinks about it or what?

There are tooooooooooooo many articles on this "emotions" thing. So readers see it as some "monstrous" problem.

 

 

Actually emotions are directly related to forex trading. Whether its an effect or a cause, different debate. The main article by asiaforexmentor is which factors can effect our trading. I think its true that emotional factor is one of them. Normally people do not consider it a factor effecting our trades which is wrong.

 

Hide your open positions, and look at only the chart. With this way emotions can be avoid (at least it is easier to avoid). I know it's hard but it would definately increase the level of trading!

Originally posted by Richde

 

Originally posted by Champ

 

 

Originally posted by Jogi

 

Exactly!

And appart from this, I think there is a problem, it is that emotions are seen as a cause rather than the effect, no one ever thinks about it or what?

There are tooooooooooooo many articles on this "emotions" thing. So readers see it as some "monstrous" problem.

 

 

Actually emotions are directly related to forex trading. Whether its an effect or a cause, different debate. The main article by asiaforexmentor is which factors can effect our trading. I think its true that emotional factor is one of them. Normally people do not consider it a factor effecting our trades which is wrong.

 

 

 

Hide your open positions, and look at only the chart. With this way emotions can be avoid (at least it is easier to avoid). I know it's hard but it would definately increase the level of trading!

 

lol...

What if his trades require monitoring?

Originally posted by CheckDavid

 

Originally posted by Richde

 

 

Originally posted by Champ

 

 

Originally posted by Jogi

 

Exactly!

And appart from this, I think there is a problem, it is that emotions are seen as a cause rather than the effect, no one ever thinks about it or what?

There are tooooooooooooo many articles on this "emotions" thing. So readers see it as some "monstrous" problem.

 

 

Actually emotions are directly related to forex trading. Whether its an effect or a cause, different debate. The main article by asiaforexmentor is which factors can effect our trading. I think its true that emotional factor is one of them. Normally people do not consider it a factor effecting our trades which is wrong.

 

 

 

Hide your open positions, and look at only the chart. With this way emotions can be avoid (at least it is easier to avoid). I know it's hard but it would definately increase the level of trading!

 

 

 

 

lol...

 

What if his trades require monitoring? " />

 

He/she monitors the trades aswell with this way, but via Charts and not via Open Trades.

Originally posted by Richde

 

Originally posted by CheckDavid

 

 

Originally posted by Richde

 

 

Originally posted by Champ

 

 

Originally posted by Jogi

 

Exactly!

And appart from this, I think there is a problem, it is that emotions are seen as a cause rather than the effect, no one ever thinks about it or what?

There are tooooooooooooo many articles on this "emotions" thing. So readers see it as some "monstrous" problem.

 

 

Actually emotions are directly related to forex trading. Whether its an effect or a cause, different debate. The main article by asiaforexmentor is which factors can effect our trading. I think its true that emotional factor is one of them. Normally people do not consider it a factor effecting our trades which is wrong.

 

 

 

Hide your open positions, and look at only the chart. With this way emotions can be avoid (at least it is easier to avoid). I know it's hard but it would definately increase the level of trading!

 

 

 

 

lol...

 

What if his trades require monitoring? " />

 

 

 

He/she monitors the trades aswell with this way, but via Charts and not via Open Trades. " />

 

BUt then he is fully aware of his positions entry points, therefore he knows his loss....

Well, but maybe the trick does not lie in there... you are the expert here

omg. so many "originaly posted by". lol. Are you trying to make new records of replying with quote.

Originally posted by Jogi

omg. so many "originaly posted by". lol. Are you trying to make new records of replying with quote.