Dear traders
greetings and good. In this article, we deal with emotional stability and its effect on the trader. Each of us went through the process of placing the order of the trade and then change it in the last moment or modify it or cancel it. If activated, it will continue to be monitored And with the first loss of a simple closed it and opens a new order in the opposite direction and then soon see nothing wrong what he did What is the problem here? The problem is that there is no Emotional stability when rolling.
What is emotional stability? The emotional stability of a person is to have the ability to control his emotions ...
It does not appear strongly whether the emotions of anger or jealousy or joy or love
You may see the meaning of an explanation against him. Emotional stability is the opposite of emotional disturbance. The latter is a situation in which emotional reactions are not suitable for their increase or decrease. The fear of responding to a truly frightening fear is not an emotional disturbance but a normal emotional response to life. It is exciting, not scary, it is considered an emotional disturbance. Emotional stability is a characteristic characterized by strong personality and good psychological health, and show time dealing with stress and crisis.
In recent years, self-control has been shown, which refers to the persistence of the individual's regulation of behavior and restrictions on undesirable behaviors.
Self-direction can be exercised by the individual with his individual efforts and to modify his bad behavior and negative if observed and recorded and continued daily training to get rid of them and replace them with desirable behaviors and to note the extent of his ability to succeed and change and even to reward himself (both financially and morally) whenever it succeeds in achieving the desired result.
And the emotional stability that not everyone knows that the key to the success of the person and who follows the emotional stability is a successful person does not lose much.
And the emotional stability when rolling is to make the decision to sell or buy and not to change the decision because you took on the reference for your technical analysis sign excellent entry with the target price and stop loss price. Close the trading platform and wait until the close of the trade. The emotional instability is the exact opposite.
The terms of the deal are set successfully but you are constantly worried and any movement of the price in the opposite direction. You find you close the deal and change the direction of the new deal and thus generate you lack of confidence in your work and thus loss of part of the capital sequentially because of the many consecutive operations and closure at a simple loss every time. How do we overcome this point?
Firmly trading conditions ((Stability of tools and psychological atmosphere of the trade purpose is to return to certain circumstances and stored in your subconscious mind and thus get used to and make the negative impact on you = 0)). The following are: . Stability strategy- Create your own strategy. Yes, make it for yourself and choose its indicators carefully. Not a requirement that a strategy is beneficial with one that benefits others but each of us has certain tendencies towards indicators and is uncomfortable to use other indicators. Make your strategy with the indicators you see fit for you.
Work on one main frame for trading and the largest one to determine the direction. - I nominate you a 4-hour frame and a weekly primer to set the direction. .Choose a couple or three to trade more- In the beginning, their movement will not have a big price explosion and the movement is fairly average. I will nominate you USD / JPY . AUD / JPY . NEZ / JPY . Choose the right market for you to trade. - () ((Any news that a large impact on the currency pair mostly continues the same effect on all markets one after another until the end of the impact of the news weakness of the driving force of the trend or the impact of another news on it)). The markets here are European, American and Asian, which are the main active markets. And the best joint period between the European market and the US market. All of the past will make you save entry and exit signals on your strategy and you will generate confidence in what you do and it is difficult for the market to deceive you. .- Install Lotte Trader, Process Goal and Stop Loss level Install Lotte Trader Any number of static blocks per 1000 USD. It trades at a rate and fits the same value for the owner. As well as the stability of the target in relation to stop loss and the lowest is the ratio of 1: 2 or 1: 3 according to your experience It is common knowledge that any experienced trader will have a successful success rate of over 65%. If the points of gain and loss points are fixed, then there will always be a gain. Put a certain percentage to the maximum loss for you in the day and be 3%. - As in the form:
It is impossible for you to lose it every day, otherwise it is not for you. . Put a certain percentage you earn every day and be between 7: 5%- As in the form:
Of course, the speech here is theoretical and practical, difficult to implement except in the advanced stages of accumulation of personal experiences. By comparing the last two points you will find the account growing constantly. .Stay away from news time forever- - Take care of your physical health and never trade and you are tired or your mind is distracted by various life problems. - Start the process of trading and close your computer and go to the rest of your day do what you want. - - By implementing the past, you will have an integrated store system and therefore complete confidence in your decision. And lastly the stability of the active in the trading and start the road to a distinct trader.
Greetings to all with success
