Is it possible to trade without Emotions?

[ituglobal]

Unless you have rock-solid discipline to follow signals from good traders or get coached by them or duplicate their trading styles, it would take you years to become a successful trader on your own.

 

[sourcecodefx]

No one is 100% rational person. When we trade manaully, we would add our emotional thoughts, which could affect our normal judgments. But I trade with my own profitable EA and the stability helps me win in the long run. 6-year ups and downs help me gain lots of experiences. Good luck.

 

[Rambo35]

No one is 100% rational person. When we trade manaully, we would add our emotional thoughts, which could affect our normal judgments. But I trade with my own profitable EA and the stability helps me win in the long run. 6-year ups and downs help me gain lots of experiences. Good luck.

I slightly disagree. The way you trade manual without emotions is by doing all your research before you enter your trade, set all your levels before you enter your trade and not make adjustments once you enter your trade.

 

[sourcecodefx]

I slightly disagree. The way you trade manual without emotions is by doing all your research before you enter your trade, set all your levels before you enter your trade and not make adjustments once you enter your trade.

Yeah, I see. I think few trader can make no changes after they enter trades. We often make adjustments, which is affected by our emotions, and it usually result in loss.
I trade with my own EAs with manual control, but sometimes I make adjustments when necessary. Yeah, sometimes it's not good to make changes, but sometimes it's necessary.

 

[Rambo35]

Yeah, I see. I think few trader can make no changes after they enter trades. We often make adjustments, which is affected by our emotions, and it usually result in loss.

That's what separates the good traders from the bad and why 98% fail.

 

[profitsniper]

Emotions is always a part of everything we do in life. You need emotions to enjoy certain things you do. However, in forex, emotions can contribute to loss and at the same time contribute to gain. What do you think? is there a way to trade without emotions?

Who says emotions have to be bad?

Calmness is a emotion.

It is slightly ironic that in trading, and in life in general, we only have complete and utter control over one thing, and that is our thinking - yet this is the very thing that causes most traders problems.

 

[Rambo35]

Who says emotions have to be bad?

Calmness is a emotion.

It is slightly ironic that in trading, and in life in general, we only have complete and utter control over one thing, and that is our thinking - yet this is the very thing that causes most traders problems.

I think you made an excellent point. People tend to focus on the negatives aspect only.

 

[sourcecodefx]

Who says emotions have to be bad?
Calmness is a emotion.
It is slightly ironic that in trading, and in life in general, we only have complete and utter control over one thing, and that is our thinking - yet this is the very thing that causes most traders problems.

Yeah, good post. Not all emotions are negative.
It's really our thoughts that matter.

 

[Master Forex IB]

It is very difficult to trade without emotions. I feel demo trading involves less emotions than real trading . The main thing is that we should aware where our emotions are dangerous in trading . they should not lead us to risky trading.

 

[rwtc]

Only robots can trade without emotions. A human trader always has emotions and the most important question is if he can control his emotions. If somebody has enough experience, is confident in his strategy and sticks to his money management rules, he might be on the level where he can overcome his emotions because he knows that on the long term he has an edge over the market.

 

[Rockefeller]

I think it`s not possible to trade without emotions.Trading with EA can help you a lot to keep emotions under control