Thanks for the advice everyone, I really countered this problem by not screen watching the charts constantly and using a proper risk/reward ratio in comparison with my capital.
I think that there should be some nerves on the line when tradingâŚafter all youâre risking real money!
However, as you mentioned, nerves while natural should always be mechanically controlled by proper trade management. When we trade properly we leave the nerves where they should be: a symptom of trading rather than a cause for trading.
I find the [B]Krav Magaâs acupressure technique[/B] explained in this article to be:
- Really simple & fast to do (20 seconds); and
- Really fast to feel its calming effect (10 seconds).
I highly recommended it! Just be prepared to be amazed like I was. :57:
Good job, keep it up!
I took the test. I got result Administrative Trader ⌠What does it mean ? positive or negative ?
I think that it is good stage sirâŚ
It means that you are detail and full of calculation before making optionâŚ
As Kenny Rogers says, you gotta know when to hold 'em, know when to fold 'em, know when to walk away, and know when to run. Wise words, and very applicable to the forex world. Knowing what to do and when to do it will come with experience. You have to give yourself time to develop a feel for how certain pairs react. Time will also make you a more patient and disciplined trader.
Above all else, donât trade real money until you can trade like Kenny could gamble. A demo account is your best friend. When youâve doubled your demo account three times over, youâre ready for real money.
Also, check out this thread (if you havenât already): 301 Moved Permanently
Lots of good stuff there to help improve your trading and get those stop losses under control.
Some times I experience this emotion in my trading activity. I experience it when I will open my position. I do not understand, because I have made a good analysis and it seems to lose in this position? Clearly, nervous in trading forex should be avoided.
If you feel cool while entering or gwetting out, it means you are doing something wrong.
Every forex trader is certainly ever been a new trader. A new trader in my experience is nervous to open - when they watch the screen of the moving price. Trading by nervous make the new trader lose even their money. Try to avoid the nervous condition if you are trading.
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2 things:
- Embrace losses. They are part of a traderâs game. If you canât accept losses, you canât trade.
- Do trend following trading. Once a day, 5 to 20 min, thatâs all you need. More peaceful trading.
Think Iâm pulling a fast one? Come visit me at fjion.com or read David Harding, Bill Dunn, Ed Seykota, Richard Dennis, Larry Hite, etc.
I als felt like this from my previous experience in my past trade . I am not just nervous when want to open a trade , but i am so nervous when my position still open moreover when i am not set up stop loss while the trend move to opposite with my entry position .
I just set up stop loss every trade and think something like that âit is a destiny.â
Good attitude! A lot of traders seems unable to accept losses and it just eats away at them.
The more mechanical you can make your trading, the less mental involvement. (By mechanical I dont mean using EAâs/Robots, I mean having a set of rules that you adhere to regardless) 
No one can guarantee to gain 100% profit in trading so itâs normally happening when traders didnât sure about his analysis but we shouldnât nervous with our decision because good traders wonât lose more than they couldnât afford to take. The maximum loss has been managed in the money management so loss could happen but it shouldnât make us down. If there is good money management then our profit could recover the loss so itâs no need to be afraid with loss in trading.
yes 100% profit is not possible it happens once in a blue man when we get as much we require from market. we can minimize loss not stop it. I remain very nervous in start when it is loss for me . gradually I develop courage to bear it.
Yes, it is very important for a trader to be able to control himself and not be impulsive. This can only be learned over time. The main thing is to wish it.
That was right. Emotion control is important thing in this business and traders canât control emotion well if they didnât spend time to learn it. In my experience, the most effective way to learn in forex is learning by doing so if traders want to be able control emotion well so they should spend more time to train it. And you can control emotion easier if there is proper trading plan to follow and youâre confident with it so you can trade as the planning without too much worry.
I never ever had a trade when I was not nervous at least a little.
The most common psychology behind the nervousness is that one has not made the proper analysis and there is no backing of the trade with strong justification because of which the traders are nervous to lose their hard earned money.