Forex "Shivers"

The other day another trader said to me, "Every time I look at the charts I get the shivers. I can’t think straight."

I advised her to take a few days off from trading, get completely away from it to let her mind clear, and do something different. She needed a break to get her head on straight.


Fear is the one thing that will either cause you to make poor decisions or leave the market all together. So, if you find yourself in a panic the first thing you need to do is NOT trade! Take some time to re-group. Set a plan and start up small, this will give you a better chance of recovery from the fear.

Another way to eliminate fear or keep it in check is to never over leverage your account. This is another trader killer that claims way to many traders and investors.

We are all human and have to fight our emotions when trading. The key is to have a trading plan and a study plan and to follow those plans.

To sum up:

How Do I Overcome My Emotions When Trading?

1. Stop trading for a few days to reset emotions
2. Don't over leverage account

What are some ways that you guys overcome the "forex shivers", or in other words, FEAR?

Drugs.

Thanks for the laugh! It helped me wake up this morning.

I thought about this some more. Without getting Sappy and to add to this thread condtructively. I think a good laugh everynow and then is nota bad idea. Lets remember why we are tradin gint he first place. Each of us has s different motivation. Mine is building a future for my family. Not only spending my time with them as well. This worth more than any money lsot or gained in the game of trading I play. I am glad to say I am on the top side.