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it will depend what kind of emotion discussed here, there two types of emotions good emotion and bad emotion, if we do manual trading than we must stay away from get riding by bad emotions like frustation, anger or others... i believe no such bad emotions will save our trading
It depends on the emotion that you are talking about. Emotion is not only greed. Fear is also a part of emotion and doubt as well. There are time the fear we exhibit are able to save us from losses because we never can tell, if we had continued with the trade, what effect it would have been.Emotion can never saved our trade tell me how can emotion saved a trade when its rated the worst thing that can contribute to our loss.
So its not good to trade with emotion and we need to avoid it by all means
It is a natural thing and that is why it is believe that Forex is a masculine thing. Weird you might say but true. But in all, it depends on individual and what he believes. Gender might play little or no role when we are simply focused a lot in the business and hope to make it even amidst the challenges.I try to not get so emotional about it. I guess I've been lucky to not be like a sissy and get all emotional about everything. I think women get more emotional than men. A lot of men are so cold, you will be amazed but I see trading as trading and its an objective thing. No need to cry over it. I only smile a lot if I win. Other than that I put enough management into my trades to not have to fear about it.
I have good intuition but I think as we become more experienced, our intuition is like the first brain and it helps us make good decision in forex. We become in tune with our trades so sometimes, our intuition will lead us to the right path. I trust my hunch a lot of time. Its a compilation of knowledge and experiences so it counts.
I agree with that quote, but it means that you must know the psychology of the other trader also, are they greed or fear, and also if we want to know about this we must see the market trend first and what happening to the market before take an actionWe always talk about emotions that are harmful but in fact, market is controlled by them. Warren Buffett is famous for his band-wagon effect: "Be Fearful When Others Are Greedy and Greedy When Others Are Fearful"