Absolutely, emotion is an important asset in trading....it serves to reinforce our learning, to focus, and to reward ourselves when things go wellPeople say we should leave our emotions out of trading, but feeling frustration on losses in almost inevitable. It is our hard earned money after all. Even if we saved up for trading and entered the market with a mindset that we’re ready to lose it, we still feel bad on losing.
Patience is indeed the most underestimated tool in trading.....so many times, doing nothing, is the best and the hardest thing to do.Nobody is perfect. At any given point of time, any body can be frustrated due to some losses, bad performance but patience is the key.
Taking out time for yourself when dealing with challenge is not selfish rather it's important.It is very easy for us to get frustrated but that is okay, it happens. Best thing is to take a break from trading and spend some times on your hobby and then come back to trading
Yeah mate, emotions can be a great threat to trading, I often meditate to keep myself calm and not to lose patience, you can also try that.The most frustrated thing in forex for me was when i was not able to control my emotions, as a result indulged in revenge trading and that's obviously gave me losses.
If you have a plan /strategy it shouldn’t be that fustratingSome traders suffer frustration when the price is always opposite from their orders. If entered, buy price quoted is heading to the bottom.
It they entered the sell price goes up.
I think this is due to lack of experience and knowledge in the business.
What do you think?