Emotions in Forex trading generate uncertainty that gradually grows into fear and mood of panic. Yielding to the effects of momentary impulses, the trader undertakes a series of unreasoned actions that manifest in the following:
The consequences of such behavior are manifest in the loss of a deposit due to erroneous management of trading process caused not by the absence of knowledge and skills but rather by the inability to control himself. From the bitcoin evolution review now you can get the best options for the same now.
Reasons for occurrence
It is possible to learn emotions management in Forex trading only when you understand the nature of their occurrence. Several factors that force a person to yield to uncontrolled impulses can be singled out.
The absence of final satisfaction – chemical reactions that occur in the body after discharge of adrenaline produce narcotic influence that can not satisfy.
Addiction – continuous yielding to the influence accompanied by the discharge of dopamine into blood, a person becomes addicted to this condition.
Tolerance – the organism, in due course, gets used to the level of discharged chemical substances and needs larger doses, more and more often producing emotions when Forex trading and yielding to this condition down to the ground.
The indicated reasons completely coincide with the criteria defining drug addiction. Discharge of dopamine that is considered as the standard of satisfaction leads to addiction and requires continuous increase of a dose. That is the mode of operation of drugs, alcohol, and nicotine.
Theoretical basis of control
The first theoretical rule associated with the control over the condition gives insistent recommendations to stop deifying impulses. Dependence on feelings and following continual cravings lead to the loss of the ability to control the situation. A person becomes similar to an animal and begins to act instinctively. The second theoretical rule recommends to develop the awareness that helps control emotions in Forex and in life.Tags: crypto review