Control Your Emotions

There are many common principles in trading psychology and risk management. Forex traders need to be able to control their emotions. If you cannot control your emotions whilst trading, you will not be able to reach a position where you can achieve the profits you want from trading.

Why?

Emotional traders struggle to stick to trading rules and strategies. Overly stubborn traders may not exit losing trades quickly enough, because they expect the market to turn in their favour.

When a trader realises their mistake, they need to leave the market, taking the smallest loss possible. Waiting too long may cause the trader to end up losing substantial capital. Once out, traders need to be patient and re-enter the market when a genuine opportunity presents itself.

Traders who are emotional following a loss also might make larger trades trying to recoup their losses, but consequently, increase their risk. The opposite can happen when a trader has a winning streak - they might get cocky and stop following proper Forex risk management rules.

Ultimately, do not become stressed in the trading process. The best Forex risk management strategies rely on traders avoiding stress.

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FOREX TRADING CHANNEL SIGNALS [FREE]:
✔️Today Profits of our  Account Management Service
👍Closed trades👌
🏆Forex Signals Team 🏆

🥇 Forex Signals 🥇

📆 Signal Published ::::::: 21/10/2024

✅ Symbol ::::::: GOLD

📈SELL AREA  ➡️  2740

💠 Take Profit 1 :   2733
💠 Take Profit 2 :   2725
💠 Take Profit 3 :   2711
💠 Take Profit 4 :   2693
💠 Take Profit 5 :   2665

✖️Stop Loss ➡️  2748 (80 PIPS)

🔔Use Risk Management
🏆Forex Signals 🏆

Today Economic Calendar GMT
Low volatility expected for the market

Forex Signals wishing great profitable Week for all Traders
Good Luck ✌️

Forex Signals wishing great profitable Week for all Traders
Good Luck ✌️

GOLD FREE SIGNAL

✔️GOLD VIP Signal Today Hit TP1💥🎯 ➕70 PIPS 🔥💵😎 Close half order and move SL to break-even if u r conservative trader or u have small account

✔️ GOLD Trail VIP Signal Today Hit TP2💥💥🎯➕150 PIPS 💵🔥 😎😎

One day you will overcome your fear!
One day you can follow the plan!
One day you will see that you are becoming the best version of yourself!!

Be very careful about this point!

⚠️ we have another trap called pride...

Be careful of pride because as much as fear and greed are dangerous, pride and euphoria can make you increase your risk or make a stupid move!!

One day you will overcome your fear!
One day you can follow the plan!
One day you will see that you are becoming the best version of yourself!!

Be very careful about this point!

⚠️ we have another trap called pride...

Be careful of pride because as much as fear and greed are dangerous, pride and euphoria can make you increase your risk or make a stupid move!!

✔️GOLD VIP Signal Today Hit TP2💥🎯 ➕150 PIPS 🔥💵😎  Close half order and move SL to break-even if u r conservative trader or u have small account

I spent many days trying to find a setup that would have little or no damage
Because I knew that my problem is when I lose, I lose control and do stupid things.
Then I realized that it's not the setup problem, it's me doing stupid things
There was a turning point in my work because I stopped looking for more training
And I focused on trading because I wanted to become a trader
I realized that in order to know how to reduce my stupid actions, I had to be in situations where I was the cause
I have to taste the lack of money so that I can appreciate the account later
I have to take the account in Ravodan to know the value of minimizing losses and...
I had understood the value of experience, the meaning of failure had changed for me
I was not happy about losing and sometimes I was sad, but in the long-term time frame, being a trader was considered like a pullback for me.

Trading itself shows the reality
Good and bad together, it is you who decides to be better or complain and say bad trading
Becoming a trader requires a special practice, and I, who experienced only a part of it, take my hat off to the rest of the real traders.‌‌

Today Economic Calendar GMT
High volatility expected on GBP pairs
Medium volatility expected on USD and EUR pairs

Amateur traders are focused on finding the perfect system.

Professional traders focus on improving their mental skills.‌‌

🥇 Forex Signals 🥇

📆 Signal Published ::::::: 22/10/2024

✅ Symbol ::::::: USDJPY

📈SELL AREA  ➡️  151.00

💠 Take Profit 1 :   150.50
💠 Take Profit 2 :   150.10
💠 Take Profit 3 :   149.30
💠 Take Profit 4 :   148.50
💠 Take Profit 5 :   147.70


✖️Stop Loss ➡️  151.60 (60 PIPS)

🔔Use Risk Management
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