Results 1 to 10 of 12

Thread: Hardest part of trading?

Hybrid View

  1. #1

    Default Hardest part of trading?

    What is the hardest part about trading forex?
    For me, it's my emotional IQ and response to my money being lost on a losing trade. That will always be a problem for me,but I'm aware of it now.
    What is your hardest part?

  2. #2
    Join Date
    May 2019
    Posts
    3

    Default

    Emotional stability and enough money on your count

  3. #3
    Join Date
    Jul 2019
    Posts
    2

    Default

    Be patient during bear market and make money when all lose it.

  4. #4
    Join Date
    Oct 2020
    Posts
    6

    Default

    For me, itís the emotional pressure that it creates. Itís also the main reason why so many people fail to do well in the stock markets. I would say that temperament is the most important trait of successful traders, way more important than brains or knowledge. Donít get me wrong, being smart and knowing a lot certainly helps in this business. But it all comes down to emotions. What you do and how you trade when your portfolio is down a lot in a single month or when you have an unusual string of losses determines your ultimate success.

  5. #5

    Default

    Quote Originally Posted by Wayn05 View Post
    What is the hardest part about trading forex?
    For me, it's my emotional IQ and response to my money being lost on a losing trade. That will always be a problem for me,but I'm aware of it now.
    What is your hardest part?
    hardest part of trading in general is to make gains, but not all gains are profits. it all depends on value deflation.

    Golditiki2+++

    Golditiki2+++

  6. #6
    Join Date
    Aug 2019
    Posts
    2

    Default

    In my opinion, most Forex traders have the same difficulties. The difference is that this person finds a way to overcome difficulties and the other does not.
    For me, the most difficult is still controlling psychological trading.

  7. #7
    Join Date
    Nov 2019
    Posts
    4

    Default

    psyhological 100%
    emotional instability, concentration loss

  8. #8

    Default

    For me, It is Patience as well as mental and emotional stability

  9. #9
    Join Date
    Jan 2010
    Posts
    13,314

    Default

    For me the hardest thing about trading is mustering up the will to prepare for it and the courage to try it. If I'm successful at overcoming these two impediments, I'm sure the next challenge will be to lose less than I do with value investing. On thinking about it, I guess I know why I'm "invested" long term in metals. It's better than cash. I'll only lose a little bit on that.
    Who are the righteous? ....Markpti

    What value did Burisma think to gain by hiring Hunter Biden as a Board member vs ALL other choices?

    Those who cannot articulate the other argument do not fully understand their own argument.

    "Much can be done by wise legislation and by resolute enforcement of the law. But still much more must be done
    by steady training of the individual - in conscience and character...." .......T. Roosevelt

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •