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Mastering Emotions in Forex

ravi2608ap

New Member
Controlling emotions is harder than it seems. Even with a solid strategy, overtrading and revenge trading can wipe out profits. I’ve started keeping a trading journal to track my mistakes and wins, and it’s helping me stay disciplined. What methods do others use to maintain emotional control while trading?
 
Controlling emotions in trading is challenging. Besides keeping a journal, traders use methods like setting strict risk limits, following a clear trading plan, taking regular breaks, and using automated stop-loss orders. Mindfulness, meditation, and reviewing past trades also help manage impulses, prevent overtrading, and maintain discipline, ensuring decisions are based on strategy, not emotion.
 

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