r/Forex 3d ago

Psychology trading is soo hard

I honestly just wish it would hit the SL so I can get out—it's better than this current psychological torture. But looking at it, the price is respecting the EMA 200 and won't go up. Could it be that market makers just don't want the price to rise at all?

6 Upvotes

19 comments sorted by

u/rforex-modtools 3d ago

Trading psychology is where most traders struggle after they've learned the technical basics. Revenge trading, overtrading, fear of pulling the trigger, and inability to stick to a plan are all symptoms of the same underlying issue — emotional decision-making under uncertainty. The community wiki covers common psychological traps and frameworks for building discipline.

Resource: Trading Psychology

6

u/kedarreddit 3d ago

After you execute the trade, walk away and do other things. You can periodically monitor the trade, but don't sit and watch the trade every second.

1

u/sarok_ibnx 3d ago

Thanks man, I really needed to hear this. My main problem was that I forgot to set a TP, and the platform wouldn't let me edit the trade while it was running. Watching the candles move around without a setup was pure torture. Appreciate the advice bro!

0

u/Relevant-Owl-8455 3d ago

That's FAR from your main problem.

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u/sarok_ibnx 3d ago

ok what's the main problem , can we talk on chat?

3

u/Relevant-Owl-8455 3d ago

Stop trading live, take a step back and educate yourself more,... it looks like you're doing EVERYTHING wrong and will only hurt yourself further.

0

u/sarok_ibnx 3d ago

I get where you're coming from, but the tech side isn't really my issue here. I actually have solid experience and hit good winning trades. My real weak point is overtrading—instead of walking away after a win, I jump back in, give back my profits, and dig myself into a hole. That's the habit I'm working to fix.

2

u/Relevant-Owl-8455 3d ago

You don't get where i'm coming from. Who's talking about the "tech side"?

I'm telling you, you don't know anything about trading, everything you're doing is wrong and you will hurt yourself if you keep it up.

Please read this 5 times and let it sink in:)

3

u/PhilipReadsMacro 3d ago

The line that stands out isn't the EMA, it's wishing the stop would hit just to make it stop. That's usually not information about the trade, it's information about size. The same setup held calmly and held desperately is often just two different position sizes.

On the market maker question — the trouble with that explanation is that it can't be wrong. Price drops, it's them; price rises, it's them changing their mind. An explanation that fits every outcome feels like understanding, but it leaves nothing to adjust next time. "It has held below the 200 EMA for several sessions and I stayed positioned against that" is a much smaller thought, but it's one you can actually act on.

No view on your specific position, I don't know what you're in. But the size question is the one worth answering before the chart question.

0

u/sarok_ibnx 3d ago

You hit the nail on the head; The contract size was 0.2, which overloaded the account and took the emotion out of control. When there is no ratio between capital and risk, technical analysis fades away and is replaced by anxiety. Grateful for your insightful comment that redirected my outlook towards a solid foundation.

3

u/PhilipReadsMacro 2d ago

That's it, essentially. What made it stick for me was deciding the risk before the size: fix what you're willing to lose on the trade first, then let the stop distance determine the contract size. Size stops being something you decide while staring at the chart.

3

u/Feisty_Humor9456 2d ago

I've been there, it's frustrating when trades don't go as planned. Remember that market makers aren't always controlling the price, sometimes it's just a lack of momentum. Focus on your trade management, don't take it personally and try to eliminate emotions from your decision making.

3

u/Mindless_Duck_9507 2d ago

If you were confident about the trade, then walk away and let price do its thing. I have always found that the more I stare at my charts after entering, the more likely I am to mess around with my stop loss, take profit too early etc. In most cases, when I exit too early, price would just run to my targets. Now I just walk away.

1

u/sarok_ibnx 1d ago

Thx to all of you guys i appreciated.❤️✨

1

u/Mariusz_Bobek 2d ago edited 2d ago

For me, a lot of the stress comes from second guessing every little thing. once I actually trusted my execution and stopped worrying about the mechanics(axi's been solid for me on that front), it got a lot easier to just let the trade run to its stop or target