A trader vulnerable experienced the throes of emotions due to the trading that he did every day. Emotional and psychological someone especially a trader more or less influenced by fear and anxiety. Failure in managing emotions effectively and consistently can cause disaster in your trading. This article will give You tips on how to anticipate the negative emotions-emotions if potentially gives bad influence for your account.
Greed
The number one cause of frustrating factors in trading, and none other than losses. The losses are basically caused by greed in taking points in trading. One of the things that trigger the greed is the desire for vengeance on a bals market to gain profits.
To avoid such things, consider your decision to do so as not to open position is misguided. In addition, having a plan before doing any trading execution at market is a thing that needs to be done by the trader.
For example, consider a daily graph of AUDUSD following. If you are analysing in depth without any sense of greed, you can avoid adverse trade when the new pricing is 1,0450.
Fear
One of the ways to help overcome the fear of experiencing a loss in trading is to understand and use the signal from the indicators. Signal will react when the price started there the movement, so you can have a line suppot/resistant, Fibonacci, or Donchian.
Pending Order The Right
You can use the order pending as the right strategy. If the price does not correspond to what you want, then order on the transaction could not be executed. So, do the pending order at the right moment in order to meghindarkan your account of losses.
Whatever method you choose, do open order to the appropriate price will be able to give you a sense of comfort in trading. When the transaction is already done, you simply see if the price has already touched a pending order or not, if not yet then you only need to wait a little longer in some time. The more the price goes in the direction of Your predictions, then the greater the chances of the pending order is turned into profit.
All of the above is one way to mengantipasi trading loss technically. If you experience symptoms such as want to always get more than what has been obtained, then beware, it could just be greed is being entered into your feelings.
