Being too attach to trading is not advisable!

[Ethan]

Hello guys. I was just talking to a friend that is currently active in forex. He started forex trading last two months and started with $1000. He talked to me just now and told me that his $1000 just go down into $78 as of this day. HE felt really bad and he was able to point out his mistakes.

According to him, being to attach to forex trading is not advisable. He said that that was his mistake. He should have just treat forex as a normal day to day activity and he should trade with less pressure, greed and the feeling of revenge.

How was his analysis guys? Give me your thoughts.

Treating Forex with too much attachment can lead to emotional decisions like greed and revenge, which can be detrimental. It's important to approach trading with a calm, disciplined mindset, using proper risk management. Starting small and trading without pressure helps avoid significant losses while learning.

 

[SaadBinToha]

Hello guys. I was just talking to a friend that is currently active in forex. He started forex trading last two months and started with $1000. He talked to me just now and told me that his $1000 just go down into $78 as of this day. HE felt really bad and he was able to point out his mistakes.

According to him, being to attach to forex trading is not advisable. He said that that was his mistake. He should have just treat forex as a normal day to day activity and he should trade with less pressure, greed and the feeling of revenge.

How was his analysis guys? Give me your thoughts.

Treating forex with less emotional attachment, avoiding greed and revenge trading, and focusing on a disciplined, patient approach are crucial for long-term success. Emotional control is key to minimizing losses.

 

[Harvey]

Hello guys. I was just talking to a friend that is currently active in forex. He started forex trading last two months and started with $1000. He talked to me just now and told me that his $1000 just go down into $78 as of this day. HE felt really bad and he was able to point out his mistakes.

According to him, being to attach to forex trading is not advisable. He said that that was his mistake. He should have just treat forex as a normal day to day activity and he should trade with less pressure, greed and the feeling of revenge.

How was his analysis guys? Give me your thoughts.

His analysis is actually spot on. Emotional trading—especially driven by greed, pressure, or revenge—often leads to big losses. Treating Forex like a disciplined, routine activity helps maintain clarity and control. It's a tough lesson, but a valuable one.