What makes you angry when you trade?

[wjk]

I don't get angry much any more about trading (I used to). I do still get slightly irritated when I put fade entry or profit target orders out at significant S or R levels only to return to my computer later to find that the price I set my order at was near the bid or ask (whichever is appropriate), or worse yet, within the spread, but did not get filled because it didn't make it all the way to the bid or ask, often by less than a pip (just a couple of baby pips), and has since moved back away from those levels. This seems to happen a lot!

But the stop out orders? They seem to make it through the spread every single time (except those times when I close the trade a few pips early because it's approaching the stop).

That said, it is what it is and I've learned to live with it. Part of the game.

 

[PipMan77]

More volatility is just more potential money. Try to adjust your trading approach (take profits earlier) for different levels of volatility (some advice I need to take from time to time myself..)

I agree that it has the potential, but losses are way greater than profit during those times. But thanks for the tip. I'll try to switch approach in case of high volatile.

 

[mlawson71]

More volatility is more potential money only if you can figure out in which way the volatility will go.

 

[Gasparov]

I agree that it has the potential, but losses are way greater than profit during those times. But thanks for the tip. I'll try to switch approach in case of high volatile.

It's easier said than done, I know. But once you recognize it's volatile/ranging, be a little patient with the entry so you risk less, and a little more impatient with the exit. Good luck!

 

[uni@trader]

When market makes a sudden movement right out of the blue. I know such things are inevitable in forex but it still gets me. It jolts my trades and me alike. And also people who view forex trading as a quick and foolproof way to get rich. I really get pissed at them

 

[mlawson71]

When market makes a sudden movement right out of the blue. I know such things are inevitable in forex but it still gets me. It jolts my trades and me alike. And also people who view forex trading as a quick and foolproof way to get rich. I really get pissed at them

I think that most traders react this way, myself included. One way to minimalize that stress (though it can't be elimitated altogether because surprises always happen) is to regularly check a Forex calendar for scheduled high impact events.

 

[Bethany]

I try to keep my mind calm in every situation during trading.

 

[mlawson71]

I try to keep my mind calm in every situation during trading.

Do you succeed? Because sometimes I don't.

 

[uni@trader]

I think that most traders react this way, myself included. One way to minimalize that stress (though it can't be elimitated altogether because surprises always happen) is to regularly check a Forex calendar for scheduled high impact events.

Yes I prefer forex factory forex calender. Any other you would suggest?

 

[Bethany]

Yes I prefer forex factory forex calender. Any other you would suggest?

Forex factory calendar covers almost every economic event. You can check out bloomberg if you want,it is specially for US.