i'm sure it's a common problem for all beginners so would greatly appreciate it if anyone can give practical advice on how to better control our emotions.
i realize even if you're good with your entries but a lack of control of your emotions will often lead to :
1) a smaller profit
2) an unwarranted loss
how often do i have to accept a 10 pip profit just because prices would retrace after showing profit. once you close out for small profit or a small loss, the price go your way....sometimes a long way. of course, when i'm playing small things are different and often win over 100 pips but not much profit........
so can better control of our emotions be learned and developed or you're just born the way you are ?
i realize even if you're good with your entries but a lack of control of your emotions will often lead to :
1) a smaller profit
2) an unwarranted loss
how often do i have to accept a 10 pip profit just because prices would retrace after showing profit. once you close out for small profit or a small loss, the price go your way....sometimes a long way. of course, when i'm playing small things are different and often win over 100 pips but not much profit........
so can better control of our emotions be learned and developed or you're just born the way you are ?