Discipline is an important aspect of fighting emotions
Discipline helps to control emotions Forex trading once and for all, it strengthens a person and does not allow him / her to take inconsiderate actions. Mark the trading goal: maximum number of profitable transactions. It is necessary to strive not for a dose of adrenaline but rather to become satisfied with the profit received from each open position. Be methodical, and carry on all the principles of trading strategy consistently.
Only that trader who is able to control himself will have a chance to operate his trading terminal on the following day. Do you want to continue your favorite activity tomorrow?
Limit risks and skillfully manage your capital. The desire to violate money management is caused by greed or ambition to regain the funds previously lost. Understand the hopelessness of such behavior strategy. An individual trader cannot manage price movement, he only finds regular patterns and gains from that. From the bitcoin era review you can find the best deals.
If you don’t control processes on the market, is it worth it to take high risk?
Get rid of personal pride that appears after a series of successful transactions. Excessive confidence leads to the loss of sense of reality and impulses that occur reduce the previous attempts to zero. It is possible to perform how to control emotions in Forex trading by way of treating profitable and unprofitable transactions with equal indifference. Just imagine that you drive nails. You will not be so tragic about it if only 8 out of 10 nails enter a plank straight, and the two remaining bend. If your strategy is profitable in 80% of cases, will you make a tragedy if two nails bend? Just keep on carrying out work, don’t exaggerate the significance of positive and negative events.