The main goal of almost all traders doing forex trading activities is to get profit. Various techniques are mastered, various strategies are implemented and risk management and capital resilience are considered. However, there are things that are no less important in carrying out trading activities, namely emotional control. Emotions arise in response to a situation or outcome that a person is themed by. In forex trading, emotions arise from the pursuit of results, whether it is when you get a profit or when you experience a loss
The emotion that arises when getting a profit is usually excessive euphoria. Where this situation will make a trader have excessive self-confidence and assume that the trading he is doing is perfect so that he ignores risk and makes trading more aggressive and does not rule out being greedy.
What is more dangerous is if emotions arise when facing a loss or when experiencing a floating minus. Many traders in this situation experience excessive anxiety, anger and are more aggressive in carrying out their trading activities. In an uncontrollable emotional state, the analysis carried out is not based on rational thinking and prioritizes opinion.
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