Emotions trading ma important role play karty hain. Ye success or failure kay bech ma difference ko show karta hai or jb ik trader ki mental health thek ni hoti to us ko decision making ma bhot mushkil pesh ati hai. Ap agr trading ma new hai to pehle ap ko mind ko calm rakhna hota hai. Ye trading ki consistency ma important role play karta hai. Es piece ma ham trading psychology ko detail kay sath discuss karyn gy. New trader or experience trader kesy emotions kay bena trade kar saktyn hain.
The importance of controlling emotions while trading forex.
Different ways sy ham apny emotions ko control kar saktyn hain or jb tak trader emotions ko over come ni karty wo success gain karny ma kamyab ni ho paty. Agr ham emotions ma stuck ho jayn gy to hamari decision power less ho jaye gi or es sorat ma hamy trade ma survive karna bhot mushkil ho jaye ga.
1. Controlling fear and nervousness.
Forex trading ma bhot sary trades ko loss ka fear hota hai. Jb traders ko loss hota hai to en ka fear kam hony ki bajae or barh jata hai. Ye trader ko mazeed mistakes karwany ki taraf raghib kar deta hai. Ap esi mistakes us time par ni karty jb ap stress ma ni hoty. Es stress ki waja sy trader ko loss zayada hota hai jetna wsy ni hota. Jb trader es situation ma panstyn hain to wo trading plan ma kamyab ni ho paty.
2. Controlling Coviction / Excitement.
Conviction key emotion hoty hain or ye trading ma aksar feed ho jaty hain. Ap ko har trade ma en ka samna karna parta hai. Ap apni trade ma agr excitment ni hoty to es ka matlab ye hota hai kay ap right trade ma enter ni hain. Yaha par right trade ka matlab ye hai kay ap ki trade ap kay plan kay mutabik ni hai. Kahe bar good trader looser hoty hain or ye bi dekha giya hai kay bad traders kahe bar winner hoty hain.
3. Controlling Greed / Over Confidence.
Ap agr wait karyn gy kay ap tb he trade ma enter hon gy jb ap ko acha or big profit nazar aye ga to ye aksar okat ma impossible ho jata hai. Kahe bar greed ma ap acha work kar rahy hoty hain but ye greed jesy jesy agu barhti hai to trader blind spot ma enter ho jaty hain. Trade ma enter hony sy pehle mechanics ko find karna hota hai or es kay laye good risk management bi karna hoti hai.
4. Creating personal rules.
Emotions ko ham self made rules ki formation sy control kar saktyn hain. En rules ma proper risk reward ratio or proper entry or exit point shamil hoty hain. Es kay elawa perfect stop loss or take profit ki help sy ham apny emotions ko control kar saktyn hain. Ye trader ko agy barhny ma help farham karty hain.
5. Lower your trade size.
Traders trade kay size ko kam ya lower kar kay apny emotions ko control kar saktyn hain. Ap agr sahe feel ni kar rahy to apko trade ko carry ni karna chahe. Trading size ka matlab ye hai kay leverage ko lower side par rakhna chahe. Agr trader big leverage ko set karyn gy to unko profit to zayada ho ga but agr loss howa to wo bi etna ho ga kay account he wash ho sakta hai.
The importance of controlling emotions while trading forex.
Different ways sy ham apny emotions ko control kar saktyn hain or jb tak trader emotions ko over come ni karty wo success gain karny ma kamyab ni ho paty. Agr ham emotions ma stuck ho jayn gy to hamari decision power less ho jaye gi or es sorat ma hamy trade ma survive karna bhot mushkil ho jaye ga.
1. Controlling fear and nervousness.
Forex trading ma bhot sary trades ko loss ka fear hota hai. Jb traders ko loss hota hai to en ka fear kam hony ki bajae or barh jata hai. Ye trader ko mazeed mistakes karwany ki taraf raghib kar deta hai. Ap esi mistakes us time par ni karty jb ap stress ma ni hoty. Es stress ki waja sy trader ko loss zayada hota hai jetna wsy ni hota. Jb trader es situation ma panstyn hain to wo trading plan ma kamyab ni ho paty.
2. Controlling Coviction / Excitement.
Conviction key emotion hoty hain or ye trading ma aksar feed ho jaty hain. Ap ko har trade ma en ka samna karna parta hai. Ap apni trade ma agr excitment ni hoty to es ka matlab ye hota hai kay ap right trade ma enter ni hain. Yaha par right trade ka matlab ye hai kay ap ki trade ap kay plan kay mutabik ni hai. Kahe bar good trader looser hoty hain or ye bi dekha giya hai kay bad traders kahe bar winner hoty hain.
3. Controlling Greed / Over Confidence.
Ap agr wait karyn gy kay ap tb he trade ma enter hon gy jb ap ko acha or big profit nazar aye ga to ye aksar okat ma impossible ho jata hai. Kahe bar greed ma ap acha work kar rahy hoty hain but ye greed jesy jesy agu barhti hai to trader blind spot ma enter ho jaty hain. Trade ma enter hony sy pehle mechanics ko find karna hota hai or es kay laye good risk management bi karna hoti hai.
4. Creating personal rules.
Emotions ko ham self made rules ki formation sy control kar saktyn hain. En rules ma proper risk reward ratio or proper entry or exit point shamil hoty hain. Es kay elawa perfect stop loss or take profit ki help sy ham apny emotions ko control kar saktyn hain. Ye trader ko agy barhny ma help farham karty hain.
5. Lower your trade size.
Traders trade kay size ko kam ya lower kar kay apny emotions ko control kar saktyn hain. Ap agr sahe feel ni kar rahy to apko trade ko carry ni karna chahe. Trading size ka matlab ye hai kay leverage ko lower side par rakhna chahe. Agr trader big leverage ko set karyn gy to unko profit to zayada ho ga but agr loss howa to wo bi etna ho ga kay account he wash ho sakta hai.