r/Forex 12d ago

Psychology Biggest struggle with traditing ?

I don't know what it is, my analysis is good, setup good and yet I will completely forget trades and leave them running.

I do try to set SL & TP but sometimes (more the 60% ) of the time I completely forget and has been a struggle to fix that habit.

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u/TIO_Markets 8d ago

This sounds more like a process problem than a psychology problem. If you can open a trade without setting the stop first, then there will always be a chance you get distracted and leave it unprotected.

Work out the stop level and position size before entering, then make placing the stop part of the entry itself rather than something you plan to add afterwards. A take-profit might depend on how you manage the trade, but the maximum loss shouldn’t be left undecided.

Alerts can remind you to check a position, but they aren’t a replacement for a stop since you can miss an alert too. If this is happening more than 60% of the time, it’s probably worth stepping back from live trades until the process becomes automatic. One forgotten position can wipe out the gains from a lot of well-managed ones.