is trader,s personal life effect on his trade?
Trading has got to do with the mindset for almost 70% of the time, if you come to the markets when under fatigue or stress, you will trade at losses since you are distracted, so YES, one needs to sort out issues in their personal lives, the market does not need them!Please share your opinions......
I agree with you, because if you are stressed or embarrased, you should better take a break from trading forex. Trading means stress management, stress have nothing to do with trading.
Yes. It does affect on everything, not just trading.
Personal life only affects if u r not a pro or if incidents, happening in real life, are having severe affect. That is why it is always recomended to have calm environment around trading area.
yes the personal lifer of a trader effect on his trade because for trading in forex market every one must be have full foucs on market before investing or making a order if any one does not have foucse on trade so he may not order properly.
It is always advised to trade in calm and professional environment. You shouldnt let ur emotions affect ur trading. Happy real life will obviously have positive affect on trading but messed up real life will have negative impact.
The good or ill of a man lies within his own will. – Epictetus
Yes. It affects a lot. When we talk about greed, fear, emotions and other similar factors, they all r related to personal life.
Stick to your rules
Individual lifestyle only impacts if u r not a pro or if occurrences, occurring in the actual world, are having serious impact. That is why it is always recomended to have relaxed atmosphere around dealing place.
I agree with you, you can't be distracted or stressed while making forex trades decisions, besides, forex is a risky business as it is without the need of distractions and stresses imagine how it is going to be if there was alot more in your head other than your trades... it'll be disastrous ![[dead]](/themes/default/images/smiles/dead.png)
It depends on how professional you are, coz only professionals know exactly how to seperate between personal life and work...
I know that in his personal life is always the case, both good and bad days. But in any case our emotional state, affects our foreign exchange trading. So we need more positive and fun!