The key to trading emotionless is to simply have confidence in your strategy. And if you don’t have confidence in your strategy then you should not be putting real dollars on the line, or at least trade small enough where you don’t care because the losses/gains will be so minimal they wont make or break you. Forex is great for this because you can manipulate your bet size so easily. When you have a strategy that you have confidence in you don’t really mind the losses because you understand they are just part of the game. You know you will not blow up your account and you will live to fight another day. If your numbers are consistent you will always work your way back to the mean. As I scalp in the futures market I know my winning percentage is usually between 60-75% each week. This means if I lose one trade my probability to win the next trade is higher than the probability that I will lose it. As I swing trade in the forex market I know my winning percentage is just under 40%. However, my average win every trade is twice as much as my average loss. Yes, I am working on increasing my win percentage, but I find comfort in knowing my numbers will work out to my favor and that I will not blow up my account. Once you understand that the numbers are on your side is when you can start trading emotionless. If the numbers are not on your side you will be angry with every loss. You will feel like King of the Earth with every win and scum of the world with every loss. This is no way to trade. If you cannot control your emotions you cannot control your money. Work on matching up your numbers consistently week after week so that you can go in the market emotion free and trade to the best of your ability because you are focusing more on the strategy and less on the money. You know if you trade well the numbers will work themselves out, and this is all you care about. Winning every trade is not as important as sustaining your losses. Only when you have confidence in your numbers will you be able to eliminate emotions from your trading.
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**Please note that trading is risky and I am not qualified to give investment advice. You should invest your money at your own risk and only after you have done your due diligence. Do not take anything here as a recommendation to buy or sell any securities. I am willing to talk trading strategies and connect with other traders via email or instagram.