Do emotions determine profits more than analysis?

[Bambang Sugiarto]

Do emotions have a greater impact on profits than analysis? Many traders fail not because of poor strategies, but because they cannot control their emotions. Let's discuss! Share your opinions and experiences about the role of emotions in trading or investing. Which is more dominant: logic or feelings?

[arabitech]

Emotions may lead to second opinion and that creates trouble in the middle of the trading, so better to back test any strategy on a demo account and write a proper trade management plan in order to curb emotions.

[binaryowner]

Emotions decide whether you execute the plan; analysis just writes it. I use a pre-trade checklist and strict “if–then” exit rules. Basically a “proper trade management plan”, i.e. to curb second-guessing

[Bambang Sugiarto]

On 9/3/2025 at 9:43 PM, arabitech said:

Emotions may lead to second opinion and that creates trouble in the middle of the trading, so better to back test any strategy on a demo account and write a proper trade management plan in order to curb emotions.

Thank you for your input. Honestly, it's more difficult to put it into practice because emotions greatly influence the situation, and enforcing this discipline is more difficult if we don't have clear rules. So, can you help me with the steps I need to take because I'm trying out a bonus account from a broker called Headway so that I can get good results?

[Bambang Sugiarto]

On 9/4/2025 at 2:19 PM, binaryowner said:

Emotions decide whether you execute the plan; analysis just writes it. I use a pre-trade checklist and strict “if–then” exit rules. Basically a “proper trade management plan”, i.e. to curb second-guessing

Okay, can you help me with some practical steps that I can practice in my early lessons so that I can get good results with the bonus account I'm using?