Every now and then, all traders face a situation in Forex trading when the profitable trade turns into a losing trade.
I mean, few hours ago, you are up 30 pips and then after few hours you are
down 35 pips! Meaning few hours ago, you are happy and then after few
hours you become the saddest person on planet!
Obviously no one knows for sure about the future of a trade, in advance.
However; the ups and downs in the equity curve surely gives stress and
creates a mental tension in trading. This cycle just keep repeating itself.
If you have not faced just a trading situation then I assume you are going to
face one, in near future.
A good idea is to better prepare yourself to deal such a trading situation.
How do you deal with stress in trading depends upon different factors. Such
as your age, trading experience and financial status.
It is not easy to manage stress and mental tension in trading but if you have
done some research about your own trading personality then I assume you
are better prepared to deal such kind of trading situations which are surely
going to arise in your trading career.
I mean, few hours ago, you are up 30 pips and then after few hours you are
down 35 pips! Meaning few hours ago, you are happy and then after few
hours you become the saddest person on planet!
Obviously no one knows for sure about the future of a trade, in advance.
However; the ups and downs in the equity curve surely gives stress and
creates a mental tension in trading. This cycle just keep repeating itself.
If you have not faced just a trading situation then I assume you are going to
face one, in near future.
A good idea is to better prepare yourself to deal such a trading situation.
How do you deal with stress in trading depends upon different factors. Such
as your age, trading experience and financial status.
It is not easy to manage stress and mental tension in trading but if you have
done some research about your own trading personality then I assume you
are better prepared to deal such kind of trading situations which are surely
going to arise in your trading career.