The ironic aspect of computer trading programs is that while they do not possess the ability to commit
the emotional trading problems that plague so many aspiring Forex traders, they also lack the ability to develop a «gut feel» human trading instinct.
Having the correct Forex trading mindset is extremely important to developing into a consistently profitable trader, and price action can help eliminate
emotional trading problems.
Read about how price action will help cure
emotional trading problems.
Not exact matches
Any one of the
trading mistakes listed in this article can induce
emotional trading, and once you begin
trading emotionally it is extremely difficult to pull yourself out of its grips because it is a psychologically reinforcing
problem that traders simply can not shake unless they totally stop
trading for a period of time and take a step back to think logically about what they are doing.