Emotions when trading - page 2
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The dollar is a dirty green paper - © Vladimir Volfovich
This quote is for this thread https://www.mql5.com/ru/forum/36997/unread#unread
Z.I. You can go there too.
Emotions mainly arise when there are no funds in the balance. And when you have plenty of funds, you trade like a demo.
And the strategy is safe to follow.
Equity provides survivorship.
The concept of "capital" does not necessarily imply large sums of money.
First of all, it should be sufficient.
That there is room for manoeuvre.
Why take a risk when you can slowly make a profit?)
And those who have insufficient capital to build their trading tactics.
it is a non-trivial and broad topic.
There is a method - the main thing is to mentally accept that the deposit has already been lost and not to worry, then there will be no emotions
You have to say goodbye to the money beforehand.
However, when there is already a capital, then this also falls away by itself.
Because there is room for manoeuvre.
"Hello, my name is Vasily and I'm an alcoholic."
Who has read Elder will understand :-D
Wrong approach!!! One of the higher education that I received was in the profession of "Practical Psychologist" and I can say with certainty that your approach will only allow you to steadily drain. It is necessary to treat trade as an entertaining game (like chess, provided that it's not a pawn you have surrendered to the enemy, and caught a moose) and to renounce the thought of money. Then everything will work out.
Trading is not a game.
Players have no place here.
Players will be wiped out.
Your education, whatever it is, does not apply to the Exchange.
You have to come to the Exchange "clean and empty". Leave all your past knowledge behind.
You won't need them here. There's a different psychology here.
For every mistake you make, you pay.
Trading on the Exchange is one of the most expensive trainings in the world.
But it's worth it, because firstly, it shows you who you really are.
And it is the best educator for you.
You won't hide from the Market.
It will bring out all your vices and flaws.
Anything you don't want to look at will become visible and obvious.
And secondly, it gives you a chance to be free.
There is nothing more precious in the world than Freedom.
But this path to Freedom is through a minefield.
So from now on, you are the Bomb Squad.