You are much welcome ZikriIfan. I use trailing stops or at least take profit 2x my risk. From what I have seen, everything from TA, momentum and reading the tape strategies.. what they have in common is that on average they hold their trades longer ...

How to Become Emotionless

If you are in a trade and something feels uncomfortable fx holding a trade longer when in profit, use it as an indication that you are now doing something 95% aren't doing. I believe that emotions are the best indicator in the markets. Observe them ...

How to Become Emotionless

I'll recommend you have a look at the book called Market Mind Games by Denise Shull or go visit their website url

How to Become Emotionless

From all the interviews I've read over the years of really good and profitable traders, one of the takeaways is that they still feel uncomfortable and dealing with emotions. Because just like the rest of us, they make decisions in an uncertain ...

How to Become Emotionless

You cannot trade/make decisions without emotions. This has been proven over and over again by science.

How to Become Emotionless

Having a trading plan is great and does add consistency in your trading which is a vital part of trading. However, "plan the trade, trade the plan" doesn't prevent you from having emotions when facing uncertainty. If just following a trading plan ...

How to Become Emotionless

What you are reading here are people's beliefs of what will make them success regardless of their goals. I would say that taking responsibility for your trading is the biggest and most important factor.

How did you find success?

This looks like the life of a Turkey in the US SURPRISE image I wish you all the best

45% in 3 months....

If you can tell yourself a story that it works then move on to what really matter... trade management. What ever reason you got an entry, it what happens afterwards that matters. The only thing you can control is how much you are willing to bet, and ...

is it true

I think each trader has to figure out their sweet spot on how much planning it needs and how strict you want to be. Some traders are better with a soft structure and other with a very strict approach. I think it's Denise Shull that describes your ...

How to Become Emotionless

Why you are cutting your profits? Because you don't want to lose. It's very natural as most of us is brought with the belief that being wrong is bad. However, in trading you can be more than 50% of the time and still make money. Also note that your ...

Taking Profits too early?

I'm about 2 years late for the first post I guess. Sorry! Do you think this strategy works because of the entry or because your are letting the winners run longer than your losers?

THE only Pattern

If you read books such as the market wizards, most of them blew up an account. That's how you learn. I would suggest looking into money management and position sizing in the future. Have a good understanding of probabilities and why humans doesn't ...

I blew my account today!

You are still able to turn the ea on or off right? which means you still have emotions there. As long you have something to risk, if you are able to make a decision, you still need to consider your emotions...

How to Become Emotionless

DeepChill, I think I know what you are trying say, but just to be sure. You cannot control your emotions, but between your emotions and actions, there is a gap/space where you have the ability to follow your true intentions. The only way to get ...

How to Become Emotionless

That comes down to finding out your true intentions. Easier said than done :-) I find focusing on my intentions instead of long term. (i do have some long term goals based on my intentions with trading) If you in a calm state of mind write down your ...

How to Become Emotionless

Emotions are not bad in trading. Only when you act them out. The way to do this, is to accept the emotions arise. Being mindful and meditate is the the opposite of being "emotionless" there is no such thing btw. Allowing the emotions without ...

How to Become Emotionless

Or perhaps admit that there are cognitive biases that we will continue to have, but we wont act them out. One other way is to ask yourself.. "how would I feel in the future, if I take my profits too early now..?" Most likely you would feel bad in ...

Taking Profits too early?

Sounds like a position sizing issue to me, or perhaps you are not using a stop loss?

New to Forex: Need Advice

A trading plan is good, but if there is already a plan in place and you still struggle, it is most likely that you "suffer" from Hyperbolic discounting: https://en.wikipedia.org/wiki/Hyperbolic_discounting Most people do, including myself. It's ...

Taking Profits too early?