we may become emotional about it but i have made only statement of facts
so i can only respond to the constructive comments someone has in response to the factual statements i have made so far
you have joined forex factory only 2 days back and made 2 posts so far.... both referring to this blog....so this blog must have had deep influence on you
that actually supports my point that people do and will come to the forum to seek guidance and help
one (specially the main protagonists ) needs to ensure that any statements supporting external vendors are worded carefully....sharing external sources / links is one thing and can be quite useful but excessively and repeatedly endorsing someone (specially one who has documented scam threads against them and has been banned from the forum for that reason) is another
i have nothing personal against anyone but i only showed the courage against the potential backlash...and i did it since i saw repeated instances of excessive praise for a vendor despite requests to consider documented evidence of scam / fraud on this very same forum
i would like for the thread to continue to flourish and I have openly praised SDs effort on multiple occassions
i think legitimate criticism should also be taken in the same stride and no one should be treated "above law" just because of mass popularism
ironically I need to write this on traders forum .....aren't traders expected to logical, unbiased, factual and not emotional
I've always wondered about this statement. You see it banded about so often. Trading without emotion. It doesn't make sense to me. I can understand how emotions can both influence and affect/effect trading results but to trade WITHOUT emotion?
Human Beings by their very nature are emotional. It is what has kept our species alive and thriving for the past 10,000 years or so. You feel scared, this is evolution telling you that you need to be careful. You feel happy this is evolution telling you that you have done something good, so go do it again. You feel angry, this is evolution telling you that something has not gone according to plan has taken you by surprise and it's out of your control to influence the outcome.
These are all emotions that influence our decisions not just trading decisions but life's decisioins on a daily basis. You can't just switch off 10,000 years of evolution at the flick of a switch.
Ask Roger Federer if he was nervous before the Wimbledon final. Ask Andy Murray how he felt when he lost. Ask Federer how he felt when he won. These are athletes at the very top of their game. The same emotional states they go through are similar to ones we go through when trading. You get nervous before a trade. You get angry when it isn't going your way. You feel happy when you win. Why would you want to try and turn these off?
This is my personal view of course, but I like to trade WITH these emotions, not against them. I like to listen to what I am feeling because it's there for a reason. I get nervous sometimes before a trade, but that's okay it's human nature. I get angry sometimes when I lose, that's okay too because I'm human!
It's how you DEAL with these emotions that ultimately provides what success you will have not whether you can turn them off and become a robot. If you can't handle your emotions when trading buy an ea, set and forget. But I bet you want be half as successful as if you manage your emotions and learn to listen to yourself.
