Emotions when trading - page 3
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I totally agree.
You have to say goodbye to the money beforehand.
However, when there is already capital in place, this too falls away.
Because there is room for manoeuvre.
You don't have to say goodbye to the money, you just have to calculate it right
Of course, if there is something to calculate... :-)
Well, if you say goodbye to them, there's certainly nothing to calculate
To do that, you have to deal with your debts, your credit, your other obligations.
But that alone is not enough...
Often, in order to gain this freedom in decision-making, many people make sacrifices.
These can be all sorts of sacrifices.
For example, while your peers are out partying and having fun, you are scrupulously studying approaches to the financial market.
Isn't that a sacrifice? A sacrifice. A sacrifice...
Or, for example, in order for you to think soberly and clearly and make the right decisions, you need a head free from the daily grind.
You should not be burdened by different so-called ballasts (problems).
Try to get rid of it all. You don't want unnecessary problems. You need a clear, lucid, sensible head.
Get rid of "ballasts", by which you can mean all sorts of things in life...
Isn't that a sacrifice...? Sacrifice. A hell of a sacrifice.
An important part of the market is being emotionally prepared for it.
Still, morally, it's better not to "keep" them in your head. Don't think of them as your last money.
To do that, you have to deal with your debts, your credit, your other obligations.
But that alone is not enough...
Often, in order to get that freedom to make decisions, many people make sacrifices.
These can be all kinds of sacrifices.
For example, while your peers are out partying and having fun, you are scrupulously studying approaches to the financial market.
Isn't that a sacrifice? A sacrifice. A sacrifice...
Or, for example, in order for you to think soberly and clearly and make good decisions, you need a head free of the everyday.
You should not be burdened by different so-called ballasts (problems).
Try to get rid of it all. You don't need unnecessary problems. You need a clear, lucid, sensible head.
Get rid of "ballasts", by which you can mean all sorts of things in life...
Isn't that a sacrifice...? Sacrifice. A hell of a sacrifice.
I absolutely agree. But when I was young I was still itching to "help" the Expert Advisor to see the market more correctly. I could trade manually as well, but what for? You have optimized the Expert Advisor and you know that it will trade only the way it was written.
You can put a strategy into an EA and forget about the human factor in trading.
There is a rational reason in both cases.
The only difference is that in the first case you are already trading.
And in the second case there is a lot to learn and study.
Manual trading is more psychology.
Automated trading is more knowledge.
Both can serve you well.
All in good time.
You can put the strategy into an EA and forget about the human factor in trading.