Are you emotionally affected by your profits or losses?

[Rambo35]

Both losses and profits have the ability to induce emotional reactions in us. A loss can cause us to want to take ‘revenge’ on the market and try and ‘make back’ the money we just lost. A profit can cause us to become overly-confident or even euphoric, which can cause us to deviate from our trading plan and take a trade that is lower probability than what we normally would take.

 

[goodness]

New traders find it difficult to control their emotion when they run at a loss or made profit. Some trader tends to take revenge on the market due to the fact that they ran at a loss while some always feel frustrated trading it. Traders should always know that forex is a risky business and that everyone is exposed to loses at any point in time.

 

[Fxpipper]

Damn right..of course, with experience you learn how to handle the loss or profit without the emotional hangover..

 

[davidblack]

Emotions are always heart your trade and profit in Forex. So every trader must have control over his emotions and do not let emotions up.