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Good day everyone, let's talk about the factors in our Trading decision in terms of psychology. There are many things that affect our decision-making, and that's why sometimes we don't know why we make that decision. Sometimes we are repeating the same mistake over and over. Let's find out the common triggers that happen in our brain that make our judgment poor in trading.

* Emotions in trading

Our emotions are part of our human behavior and it has a profound impact on our trading decisions. In the context of trading, the two primary emotions that affect our decision-making are "FEAR and GREED" Fear is a powerful emotion that will push us to think twice about entering and exiting the trade. Sometimes because of our fear of the trade, we exit immediately even though we know that it is too early to do so. And when fear dominates we become overly cautious, which also causes us to miss the opportunity for profitable trade even though we have seen the high probability set-up we should enter a trade but we don't because of fear.

It's the same when we enter a trade, we immediately exit because our immediate thought is that we might still lose. This is also due to fear, Now if we are Greedy it also has an effect on our decision-making. Because this will push us to take excessive risk because we want a higher return. So, because of greed, we will increase the leverage that the position size is too big, the type that can only gain a lot, we will trade 100% capital in just one trade. It will also cause impulsive action, and we will also be tempted into speculative trades without proper risk management.

* Emotional Intelligence

This is the way for us to recognize the emotional estate, and how it influences our decision-making. Our traders have different techniques to cultivate emotional intelligence and maintain emotional balance during trading. One of these is "Mindfulness meditation" a type of technique that can help people to observe thoughts and emotions without judgment so that rational decision-making can return. And another effective method is "Journaling" Here, traders can track the decisions they made in the past, and they can reflect on their emotions.

This is where they can identify the triggers of why they decided to enter the trade so that the same mistakes will not happen again. Because a trader gains insight into his emotional response and can develop the right strategy to manage them effectively.

* Social Support

This is to manage emotions in trading, we need to have an engagement with the community of traders so we can also ask for guidance and other advice from a mentor who can provide emotional support. Because if we have interaction with like-minded individuals who understand the life aspect of the psychological aspect of trading it will help for valuable insight to manage emotions effectively.

• Cognitive Biases
  
  This is an inherent aspect of human behavior, a systematic pattern that affects our decision-making. This is how our brain processes information, it is not an intentional or deliberate action, and this is the result of our brain simplifying complex information.
  
  Because we are only human, we are prone to these cognitive biases, because our brain naturally searches efficiently for easy or mental shortcuts, and because of that, our decision-making does not become rational when we make mistakes. And one of the good examples here is the
  
  
• Confirmation Bias
  
  this is the time we look for information to confirm our beliefs or opinion. And we ignore the contradicting evidence or in other words we prepare more that will support our belief. And the good sample here is if when a trader is bearish or perma bear his belief in the market will still fall in the price in a certain area.
  
  Let's assume Bitcoin(BTC) will fall to 3k$ or 12k$ so due to confirmation bias he will look for information such as articles, or expert opinions that will strengthen his belief that the value of BTC will fall further. He will ignore the contradicting information he sees. And the only thing he will pay attention to is aligning with his existing belief. So what will happen is that he can miss the alternatives that are view coins or the crucial data that could impact decision-making. And I see many traders like this who do not know that they are victims of their own personal bias or never understand the role of cognitive bias.
  
  
• Loss aversion
  I'll admit I'm guilty here, maybe almost all traders are. This is the time when the impact of negative losses is stronger than the positive impact associated with gains. It means that the pain we feel from losing is more intense than the joy of experiencing profit. So this bias has a negative impact on our decision, when a trader experiences losing trades, the fear and discomfort he will feel will cause him to be reluctant, and exit the trade.
  
  It can also happen that you don't put a stop to loss or are in a position to just let it go and risk something like that even though there is evidence that it will happen. And this loss aversion behavior that avoids losing leads to worse losses in the end. Because if you don't cut your losses, you'll just miss out on other opportunities.
  
  
• Overconfidence Bias
  
  This means that if a trader experiences consecutive wins, they become like this. Because of this opportunity, we can increase our confidence that we are doing the right thing. But this is also the time when we take excessive risks because we believe too much in ourselves that we already know a lot. And we think that we have special skills in trading, and the result of this is that our position side is too high that every trade we will get a profit that can lead to excess and come over-trading. But the truth is that this bias is dangerous because we will neglect risk management. Because it will blind us to the real market reality. And potential warning signs can't be seen first to adjust if necessary.
  
  And in order for us to manage these biases, we need to prioritize self-awareness, and consciously challenge biases. Because if we know these biases we can make a method and rational in our decision making.
  

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  Reference: https://capital.com/emotions-in-trading
                 https://www.verywellmind.com/what-is-emotional-intelligence-2795423
                 https://www.verywellmind.com/cognitive-biases-distort-thinking-2794763

There are several factors that can influence trading decisions.

1. Economic indicators

Eg: GDP growth, inflation rates, interest rates

2. News and Events

Eg: Geo political events and regulatory changes

3. Technical Analysis
4. Market Analysis
5. Trading Psychology
6. Risk Management

There are a lot of things that influences our trading decision. Some of the factors which you have mentioned can also positively influence our trading decision. They are not bad in themselves I think it depends on the right timing of their application. This is one of the reasons why every newbie trader must spend some good time in the demo trading environment and also every newbie trader should not be a loner but being part of a community of other traders. By being a part of this community which is the fastest way to learn from the mistakes of others because I believe that other traders would share their good stories and their bad stories and we can learn from it.

The most basic in trading crypto is knowing about the type of coin to choose in trading.
The coin to be chosen must be known with certainty about its strengths and weaknesses.
After knowledge of the coin to be chosen as an investment asset, sufficient capital also plays a big role in supporting it.

Emotional control or emotional intelligence is what is needed when traders are able to have extensive knowledge about the types of coins because the goal of every trader is to make a profit, not lose or lose money, even though that is part of the risk involved in trading activities.

Every decision is born because someone has knowledge of what will be decided.
Therefore, emotional intelligence in trading is not the first for me even though it is one of the factors in achieving trading success.
For beginners this must be considered.
Maybe for those who are not beginners in the world of trading, besides emotional intelligence, the ability to read market conditions is also very influential in decision making.

This is very common and I can give my own example and own experience for this:

For example, you entered a trade and before you entered a trade you already have the plan for an entry price, stop loss price, and exit price.
The position is already open and you are already in profit suddenly you saw some news or post on social media which causes a price drop, and then you panic and feel to close your trade immediately even if the stop loss price is not yet met.

See? Your emotion ruined your trade position even you already plan everything before you open a trade.

While emotional intelligence is crucial, adopting a comprehensive approach that takes into account all the factors discussed can significantly improve trading outcomes. Traders should strive to develop a holistic understanding of their emotions, cognitive biases, and actively seek support from their trading community. By doing so, they can make well-informed decisions and increase their chances of achieving success in their trading endeavors

Agree with this as it has happened to me many times ;D

Managing emotions in trading is not easy and requires sufficient experience and practice so that we don't falter when there is negative news so we can continue with our plans. We do not close the trade immediately because we think the price could go up a little more to reach our target. If we do the math, it is clear that we will get several times the profit from the purchase price.

Greed often comes when we have succeeded in seeing the profit coming and delaying closing the trade. We often forget that market conditions can change immediately, especially after reaching their highest price, which makes us postpone it for a while.

And I think the emotional factor that influences us the most in trading is because we want to make a profit, but after being profitable, we even want bigger profits. It is greed and it has become an influence for most traders.

If you become mentally strong, then many of the issues mentioned in the op can easily be solved. You need to be determined completely and should not lose focus from your goal or daily limit. Making a decision was always hard, as several factors affect here. You need to analyse the risk, estimate the outcomes and predict the direction before investing in any coin. If a person excels in everything I mentioned previously then definitely he can reduce the risk and can completely change his profits or basically increases it.

Thanks for sharing but these aren't all about emotional trading. I have some of my experiences which is very common among the Investor and they are also victim of it.

I was used to buy Bitcoin when it gains velocity to upward but I was in FOMO almost every time. When market pumps suddenly I rushed to make my position. But the perfect time to invest is when the price is at the bottom. I made this faults again and again and lost a big amount from my assets.

When it's about news related price drop, I will say it's a good habit to observe crypto news because we may remember what happened when Luna crashed. Some of us bought after the bad news arrival and they lost entire funds. But most of the time News manipulate prices a little. So we must have trust our trading strategy and should implement properly our decisions to get the best result in trading and not to lose our trades by being confused like a fool.

Emotion is a biggest enemy of a trader. If you can not control your emotion, you can not control your decisions and when you lose control, you lose money.

Knowledge can help you to have better belief in what you invest your money in. It is partially helpful for you only and can not help you to control your emotion entirely. Without knowledge, you will be very uncertain with any word you get from media and your emotion will like a roller coaster, up and down with very big margins.

I recommend newbie traders to not trade but if they seriously want to trade, learn to increase their knowledge first. Fundamental knowledge about projects, coins they invest money in and knowledge about trading.

If we put them in good use yes. Timing is important in trading because the market is fast-moving. I heard lots of negative feedbacks about demo trading so I think it's better to practice in real-time but we can still be able to use smaller amounts.

It's not wrong to be a loner. It's a common personality of some people but if you think you are experiencing some problems then it's better to have someone to talk to so that they can give you advices and encouragement. Bitcointalk is a great community but it's still up to the person's ability to adapt and improve. Sometimes we can only change if we commit the mistake and not by learning it from others.

This a good list, but the most usual reason that influences someone's trading decision is about being emotional. I do know that many pro traders won't be affected by that but the majority is being affected by their emotions. When you're too greedy and you're not satisfied with the profit that you should take, the emotion ticks in and likely won't give that satisfaction that you should have and even if you have to take profits, your emotion will stop you from doing so.

This is an actual scenario when trading. What you plan may sometimes be forgotten and create a new plan that is not yet sure if it will work or not. That’s why traders are discouraged from being carried away by their emotions because trading itself is a battle of emotions. In the end, you’ll only compromise your trades over your emotions and end up in losing position. However, I believe this advice may be easy to say but definitely hard to follow when you are actually in a trading scenario.

* Emotions in trading

Most of the time, this is the main thing that do really influence out my trading decisions or plans because if we do speak about other aspects then i dont really have that kind of behavior
on changing on what i have been able to list up on which i do follow on whats written or been plotted or drawn when it comes to charting and other aspect. What do really affects me
most on which it do really end up for me to alter out my decision? Its my EMOTIONS, specially on the time that the market would really be having that sudden news on which
it would really be triggering out that kind of impulsive approach within inside.

Overtime, i was able to control out this kind of problem on which it did make some time and lots of experience but once you do reach out this state then you would really be
finding yourself that dumb and would be sticking into your plans no matter what.

Sometimes doing nothing is a profitable decision for the trader. Trading is a game of emotions, the trader who can control his emotions will win. The most important thing in trading is to see what coins you like to buy, and what is the recent development of those coins. If a trader trades against the market trend and buys shitcoin emotionally, he will end up with huge losses. So there are many things to keep in mind while trading so that you don't regret later.

I have personally experienced many expected trades ended unexpectedly and I just sat and watched and had nothing to do. Therefore, decisions should be made with patience in all aspects of trading, so that dangerous decisions like emotional decisions do not come to mind.

Probably emotions are mostly the reason why we often get destructed when trading. That is because we tend to forget that emotions are not good in trading. And while most traders cannot control their emotions when trading, especially when greed is high, that’s the reason why their trades end up unsuccessful not because they don’t have the skills to trade, but because they’re driven with too much emotions that will ruin their focus in trading.

The biggest issues and why most traders never make it in this business is basically greed and fear.

You enter a good trade, you are in profit but you don’t get out due to greed. Then the trade goes against you and as soon as you are break even you close it and it eventually starts to go your way. But you already closed the trade due to fear.

This is why many blow up their accounts everyday. If it wasn’t for this emotion of extreme greed and fear then trading would be as difficult as it is.

Trading has always been a PvP game with a limited supply. This means everything that affects us as humans also influences us as traders.
It has been steadily changing however with AI and bot trading. Those systems have no emotions (tho they are still coded based on human emotions). They have their own weaknesses but the effect they have had on the market is obvious.

This is mostly my problem right now. I dont really put stop losses when I am on the verge of losing streaks because what I think is that it is like a magnet from the price to go there and hit it, which makes me lose more. It is still my fault as I only put stop losses that are really close on my entries and also because they are not that calculated. But again, we are humans, and we can experience those things, and I really do hope that they won't affect us the next time we experience them, as we can learn a valuable lesson from them.

In trading psychology, humans are cognitive misers. Heuristics save mental energy when making decisions. Certainly, fear and greed motivate. They're not the only emotional variables in trading decisions. Regret and envy also matter. Your emotional intelligence explanation is interesting, however it tends to emphasize emotion control more than emotion recognition and understanding. Mindfulness and writing may be overly hopeful for emotional management. Cognitive restructuring or social sharing may help traders. Trading psychology should investigate social support and cognitive biases. Anchoring bias and hindsight bias may also affect trading decisions   :)

Brand recognition is what influences on trading. If we find altcoin familiar, there is a high probability that we gonna consider buying it. There are thousand of altcoins, but we mostly buy and sell only those that we have seen once. That has close connection to visual memory and laziness. Instead if searching, many just choose crypto from top50 and blindly trade those alts all the time.

Controlling emotions is the most important part that must be mastered before trading,
make decisions when unstable emotions will affect and usually end in failure or loss,
many things that must be prepared in trading not only knowledge and skills.

If someone can't control his emotions while trading then he will be in big trouble. We always have to be careful to trade. We have to be careful not to lose our money. A person who controls his emotions while trading can trade.  Can be the real trader. Sometimes we lose money due to some small mistakes for which we face many problems. Not everyone can earn money by trading because to earn money by trading requires a lot of patience which not everyone has.

we can't totally discard such emotions because we are only humans. and that is human nature. but a person of course can contain these emotions. but he should have good tactics on how to control such feelings so as not to drag himself on going down.
and for me, one of the major factors that can influence my trading decision is the availability of funds, and to what extent i can use such funds. trading knowledge can be learned and once you have enough money, you can actually start learning those tricks.

This is just similar to rating of a product on a particular site or an advert that shows content according to their advert payment. Those with high interest will first be considered to be displayed and will get to be display from time to time as long as the advert is still valid. This is just simple example of why there’s a high probability of buying and holding of coins that are mostly on top 50 rating. For it to get to that stand, it must have been scrutinized and also have much impact in the market like others. Most of the altcoins don’t remain forever in the market, some, as time goes on usually exit the market as they can’t keep up again or the project managers already ran away with their money after dumping such coins.

Emotion is the main driving force on a lot of failed trades. I kinda understand why people trade out of their feelings. If you aren't completely versed in what you're doing, there will be times wherein you will be shaken by your decisions and you will not be sure what the next steps to take are. This feeling of uncertainty is what will drive you to make trading decisions that are bad or are really uninformed. One way to combat this is to do a lot of practice trades with play money, and then learn whatever there is to learn in trading before doing the actual thing. One bad loss can really discourage anyone from trading, but what's a loss if you can convert it to a profit in the long run anyway?

If this was in the system, it could be the main core. :D
Our emotions have a profound impact on the decisions we make, especially when it comes to trading and there are two key emotions that often influence our decision-making process are fear and greed. Fear can be a powerful force, causing us to hesitate when entering or exiting trades.  It can lead us to exit prematurely, even when we know it may be too early to do so.  So this is very important to pay attention to.

By controlling emotions, we can maintain discipline and stick to our trading strategies, even in the face of market fluctuations because it allows us to make rational decisions based on objective criteria, increasing the probability of successful trades.  In fact, emotional control helps us manage risk effectively and maintain a long-term perspective, fostering consistency and most of all to have successful trades.

In addition to that OP, we also need
 - financial supports
 - family supports

We need extra money because it wasn't all the time our trades went so smoothly and profit, we need to have a backup just in case we lose it all. And most of all support from our family - the more we have them at the back, the more we are encouraged to work hard and do trades carefully.

Preparing ourselves is really the best thing to do. Plan and Execution - everything went so well.

You have a valid point about emotions in trading, fear and greed often make traders not get maximum results and these emotions are also influenced by limited skills in trading because traders who have good skills will not involve too much emotion in trading but will be more rational because they understand that trading is about accurate analysis and calculation when to enter the market and when to exit the market, even though traders will find it difficult to analyze the lower and upper limits precisely, those who already have the skills will not wait below far from what might happen. also waiting on top won't be high than the probability that it will happen.
Social support is good for us to also discuss trading and what's happening so that our trades are not far behind.

We are just humans after all on which it will really be giving out that kind of effect on the time that we do feel up these things along the way specially if there would really be sudden news and  it would really be giving out that kind of idea that it might really be stirring up the market condition once again, once these kind of assumptions would play up into your mind then you would definitely be having that kind of thinking that you should really alter out your initial decisions or plans on which it is really that a common approach. Those things listed on OP are really that indeed part or possibilities on why a certain trader would really be able to fail up on following
up their plans but of course not all alterations would be ending up on negative because there are sudden changes which it did make out the right call on doing so. Not all would really be ending up on a disaster
but rather it would really be giving a good call on sudden change.

Emotions in trading is something that we can’t easily get rid of especially if you are weak and easily fall on your dumb emotions. But know that when you enter trading, the more you rely and get hold of your emotions, the more you will doom to failure and losses. That’s the reason why you need to stick with your original plan and not settle on taking a new plan, otherwise you will face inevitable losses because of your hard to control emotions.

It is undeniable that every trader will experience something like being unable to control emotions and greed. It's human nature, most of us want to quickly cover losses quickly, and get quick profits, but that's what causes us to lose more and more. So in my opinion it is also important to build psychology when trading because it is very important, not just technical. The point is the trader psychology tips that I feel are patient and stay consistent with your method. Start over from scratch like you did when you first started trading. And don't repeat the mistakes that have cost you.

Manage emotions when a big loss
1. Limit losses. should not be more than the average profit on a normal day.
2. Set a target stop loss.
3. Avoid trading for revenge. do not force yourself to trade for the sake of returning previous losses.
4. Dare to face reality when you experience trading losses.
5. Stop trading for a while when you experience big losses
6. Rehearse on a demo account to build confidence post loss

To be honest, this has a very big influence on the decision-making of trading activities. Here, we sometimes feel that we are quite ready to trade, we have enough knowledge needed for crypto analysis before trading, as well as the knowledge for trading itself. But sometimes it all ends in vain because our emotions are not ready. Sometimes, we are still not ready to control and manage our emotions when trading, and this is very influential. Because emotional instability can cause panic, fear, and also a rush to make decisions quickly without good and wise considerations and one ends to lose money because of unstable emotion management and controls..

Right, trading is hard but when you learn consistently the trading process and overcome its risk, then it will be easier for you to trade successfully, and making profits each time opportunities knock on you. However, the problem with some traders is that each time they see profits, they become reluctant to sell because of their greed and high expectation that there will be bigger profits waiting ahead. Although at some point it’s true, but the reality that this trading market is also unpredictable, then we should learn to be contented and grab whatever present opportunities in the market. Otherwise, you’ll end up selling at a loss and right then, some traders would conclude that trading was never their thing.

knowledge can be learned and skills can be honed but experience must be sought by trying. That is what will differentiate an intelligent trader and an experienced trader. Controlling emotions is part of a trader's experience. it can't just be when we read books as we learn about trading strategies. emotional control will grow when we have enough calm in our trading. and it will influence traders when making decisions.

“Emotional Intelligence” This is a new term in trading for me, I did not fully understand what is meant by emotional intelligence, does it mean the ability to control our emotions when trading?

I know that the basic emotions that control the trader are fear and greed, and they are often the reason for his loss, and a good trader is the one who develops his ability to control the emotions of fear and greed, but this is not easy because of the nature of the human psyche, it is very difficult to overcome human nature.

Experience can't be bought we have to try it for ourselves and it's a process,
the more experience I think traders know what to do according to the conditions at that time,
those who are experts at trading, of course, start from beginners.

Emotions and overconfidence are two things that greatly affect the trading decisions of a person and whether their trades will be good or not will totally depend on that. You can barely find a person who is emotional and is a good trader because their emotions won't let them make good trades and even if they make good trades, they won't be able to take good profits because they get emotional very quickly and tend to sell their assets before the right time.

And those who are overconfident also tend to ruin their trades most of the time because they think that they can time the market perfectly which is not possible at all, so they miss the best opportunities and then sell either at a loss or with very less profit when they could get a lot of profits earlier.

I believe that the more experienced a trader is, the better the trader's emotional control will be. as well as their skills and knowledge regarding trading strategies and techniques.
everything cannot be learned instantly by novice traders and then become professionals. those who are currently professional traders also need quite a long time to be truly said to be experts in trading.

That is for sure because they've got various experiences that have taught them on how to be better in trading. And those mistakes that they've experienced before, they've learned from it and lessening a scenario from it to happen again.

There goes a long process and overhaul for those newbies that want to become an expert in trading. Even if you're not aiming to be an expert but just someone who knows the market well.

There is no shortcut in trading and you'll have to endure every pain and disappointment with the losses that's ahead of you.

There are numerous factors which effects our success rate but foremost among these are emotions and if we don't know how to control our emotions then we will not get our desire aim. I think those who don't have the understanding about market Fluctuations, don't know that it will recover back and don't know that ups and downs both are essential for success can never make profit.

Greediness comes when you are not happy with your profit and desires for more than this. Actually one will never days that their desires become completed because everyone wishes to be more successful than this so I think that one should be happy with his present and don't involved in greediness.

I would also agree to that as you can never start trading without sufficient amount of funds to use as your capital. In addition, experience also matters the most. You will often resort into wrong decision making if you keep on trading without some significant experiences that will guide you. Trading needs more knowledge and skills, that’s why it needs a long term preparation before you decide to engage in live trading.

Based on my experience, the things that influence me in making my decision are my emotions and Technical knowledge. It is something to note that the more we become too emotional, the more we can't think the right thing and it leads to making wrong decisions. It is very common when we are newbies but as we gain experience, it gradually changes and now we are focused on following the trend, doing TA, and improving our skills and strategies. Because when we are a newbie, we feel worried that is why we become too emotional.

Emotions and the news are the top contributor on making decisions and in trading even if you practice not to get very emotional while trading you can’t still escape the fact that you’re still affected especially if greed is taking over your trading decisions. News are common as well, as a trader you should only not focus about the price trend, but also see the market trend because in crypto, the market can easily go pump and dump on every news.

Majority of us would really be definitely agreeing on this one on which emotions and news are the main things that could affect us out with our trading plans and decisions that we had molded up earlier.
This is why i could really say that its definitely true on this part and this is always the case. Despite on having that sufficient knowledge and experience in the market but still i do really get affected
with these kind of moments on which its not something that you could avoid because you would really be molding on lots of "what ifs" in your mind on which it would really be a common question
that you would be having in mind on the time that the market would really be having those sentiments around.It would really be stirring up your mind and emotion on which on the time
that you havent finalized yet your plans or even it is, but still have the chance for it to be changed.

Every time we trade, regardless of how hard we try, there is an involved emotion since we put money into it. Whatever occurs, we must trade in accordance with our strategy. However, due to previous losses, we can become emotional, which complicates our trading. This is a hurdle to our trading strategy, and if we are not conscious, we will become victims of our own emotions. As you stated, greed is a result of emotion, most notably consistent losses. To be good traders, we must understand how to manage our emotions.

^This is definitely right and I agree with this.
Being successful traders means having a deep understanding of how to control our emotions rather than letting them control us. By developing emotional discipline and staying committed to our trading plan, we can overcome the negative impact of emotions and have successful trading decisions. Remember, managing emotions is an ongoing process that requires self-awareness and practice. Through discipline, self-reflection, and continuous learning, we can strive to become better traders and improve our overall trading performance.

Many people out there which want to become traders have the mistaken idea that if they want to become traders then they need to master all kind of different indicators and become a master of TA, and while that will help without a doubt, it also very important that people develop some emotional intelligence when they trade, as it is on those critical moments when everything hangs in the balance when the most important outcomes are decided, and if you are an expert on reading charts but you have a low emotional intelligence then you will make a mistake from which it will be almost impossible to recover.

I believe not only newbies are battling their own emotions when trading, but even professional traders still feel the same way but with their high experience and honed skills, they can somehow start to manage their emotions and control them everytime they trade. Furthermore, trading using borrowed money is also a big factor that will turn your trades into losses. If you don’t have your own hard-earned money that you are willing to lose, then it’s better to delay trading and just save first or have an additional job that will provide an income that you are going to finance when trading.

Trading has a lot of factors to deal with before you can finally say that you’re a good trader. And there will always be inevitable losses no matter how good you are in trading. However, everything can be learned and even mastered but those process will certainly take a lot of time before they set in. That’s the reason why trading demands continuous learning from your mistakes and losses, and also from your achievements and profits as they will create an impact to the whole being of a trader. In the end, trading is hard and even risky, but you can always chose to make it easier by following the basics in trading and of course, trade with confidence and faith because that will also attract positive trading results.

That's what I thought before that you have to learn all the indicators to become a profitable trader. I learned many indicators but instead of making it easy for me to trade, it complicates my trades. If you're going to use an indicator to determine the trend, you can either choose moving averages or Bollinger bands, no need to use both of them in the chart because it's useless.
And yes, emotional stability in trading is very important to be successful and that's why some people says that it's 90% psychology and 10% TA.

I tried TA for several years, but it didn't show its effectiveness. So I don't use moving averages and other TA tools. I am an adherent of fundamental analysis.

Psychology really has a huge impact on trading. There are even special psychologists for traders if you want to improve your morale. But you need to be very careful when choosing them. This is a favorable area for many scammers who pretend to be a real psychologist, so you need to choose very carefully.

I like this. Thank you.
Some of them put an arrow in my heart accurately as I reminisce all the mistakes I did back when I was starting. Emotional issues had always been a problem when it comes to trading. A trader should have a cold heart, he cannot fall in love with the coin that he is trying to reap money from.
ICO times, I bought coins that I usually trade because of the sudden swings in the market where stablecoins are not yet trending. I bought this one coin from a project because I thought I could use it to play with its market and make a profit from it. Sadly, I ended up joining their Telegram group and I had the hardest time of letting it go because of all the optimistic investors feeding everyone with good news.
It ruined the plan and it was dumped by whales so there's no ROI too. Whatever coin we are trying to buy, let's just join their groups for informative reasons and not become a hardcore fan. It will definitely affect our decision if we stick there and read the statement of other investors who wants it to be pumped.

I put so much hope during the ICO trend, many altcoins seemed promising, but ended in disappointment. from that I learned a very valuable lesson where personal analysis should be followed, not seduced by sweet words in the telegram group, until finally they just left, and the coins have turned to ashes. until now there is no bright spot, in fact it has been delisted from the available exchanges. large collection of owned but worthless tokens. and it seems that there is no hope anymore, because the project has stalled. but indeed not all of them were like that, I also had time to feel the sweetness of ICO, as if it was easy to make money at that time

This looks like what every trader struggle with and that is because a trader is a human being with all the hormones that is responsible for making you feel bad when you are not happy and you will definitely not be happy when you lose especially if you are a consistent loser  ;D

Seriously, we all try to chase after our loses sometimes but this is particularly from newbies because they don't understand why they should lose. Loss aversion occurs lesser with experienced traders, they chase when they see the need or they decide to allow it for the next opportunity but surely it is a strong factor that causes losses.

When a trader cannot control his emotions, the potential loss he will experience will be higher than a trader who is able to control his emotions. Good emotional control will allow a trader to trade according to plan, but still the return on trading is very dependent on market volatility, not only analysis.

Emotional control is also part of trading psychology. That is obviously very important for a trader as it will enable them to become successful traders later on. Experience and knowledge can support them, but as long as they are still afraid of losing, it is clear that controlling their emotions will be difficult.

Trading is a struggle primarily against yourself. In my opinion, these are the best words that describe trading in one sentence. This expression reminded me a trader with 15 years of experience, whose podcast I recently listened to. Checking your nerves and fears of loss. The ability to remain cool during a long series of failures.

Also, something may happen in the market for the first time, which the market has not seen before and which is impossible to predict. I remember a case in 2020 when oil had a negative price value and many suffered losses on one exchange. Therefore, one should not rely only on what was in the past.

We struggle to be the better version of ourselves, there's absolute high competition in the market, and it's our duty to remained fit for the challenges coming our way. Talking about trading indicators, it's more complicated as it seems, there's something about this crypto space. The more we learned and adapt to new strategies, that's an easy path to access steady losses. So to be on a more safer side, we should learn a particular strategy, repetitive practices on it until we master it. That's the only way we can start earning from the market.

As important as emotional control is when it comes to trading, majority of the traders can still not get rid of their emotion while trading. It's unarguable that emotion can not be utterly separate from human mind as long as there is respiration but it can be reasonable control only by a few percentage of traders. Lose and risk tolerance is the reason we think that some traders can control emotion but in actual sense it is the risk they're capable of tolerating.

Man by nature is greedy and by implication, there's no single trader who is not afraid of losing but what matter is what happen after the lose. If you can not maintain focus and allow the lose to destabilize your thoughts, then you are not ready for trading. After all, emotion remain the key factor that influence trading success and failure.

I heard someone like you who just trade fundamentally, but because you're not using TA you don't know where is the invalidation and where is the take profit area. In other words, you didn't put stop loss? And take profit when happy? If yes, you're likely using a spot trading because if you trade with leverage, it's so risky. Personally, I trade both TA and FA before but when I observed that the news mostly come when the price accumulate, I decided to focus more in TA.

And plus the fact....

News couldn't really pop out from time to time on which there's a specific random time on which these things do pop out like mushrooms on which means that if ever you are really that a FA trader then you would really be only having few trading sessions and most of them are really just pure random kind of positioning if you arent using some technical indicators.This is why it would be always that recommended that you should have
that both knowledge on using up indicators and using up news together if ever it is really that available.

It isnt really that needing for you to have a single choice if you could make use of both. Try all the ways and methods available as long you could be able to put yourself at advantage and this is something that you should mind on. Dont stick on a single way or method because this market is way too vast or broad and totally random on which it would really be needing that kind of approach and if its needed to make out combinations
on both ways or methods then you must do it for you to have that better picture on where are the possible ways or movement which the price could go.

Mine is sudden changes in volume or liquidity. You may think that won't change too quickly, but the reality is that we are talking about a situation where defi and small cap stuff changes all the time. Even in bitcoin, sometimes liquidity changes a lot, you can see millions and millions of dollars in a single price point, hard to break down or up, and then suddenly that's withdrawn and in that case its very difficult to stay there. I believe that we shouldn't really be involved in a situation where millions suddenly go away, that's risky. There are of course other reasons like bad news and someone important speaking against it or some law etc etc, those are important too but not really predictable at all.

Not all ICO projects filled, we have some that are still making good profits to investors up to this date but many ICO protect failed. The Defi coins were the project that failed the most because I still have many of them that I invested into in my wallet Some are now has no value as you can't trade them on exchanges while others has dumped to almost nothing. You can't make back your invested capital if you decide to sell them now as they have no market value.

IC0 scams thought so many indivisible valuable lesson and that's one of the reasons I can't trust any new trend just because they're popular now. I can't be influence again like I was when ICO trend was popular in 2017.  Investing just because everybody is doing it is very wrong.

There are so many things that can I fluence our trading decisions that is why we need to have some knowledge on trading psychology that will help us understand how to trade and do things ourselves. Trading is something that if we don't get right, it can influence the way we think and do things. If we keep having a bad trades everytime, we might become so frustrated that we are not going to have interest in trading or anything that js related to trading. This is why it is very important for us to learn and understand the necessary things we need to know to make us become a profitable traders.

Trading psychology becomes very important when trading. The final decision is based on how the trader's decision.
Psychology will really be in play and if it does not have good skills then it will put a burden on their psychology.

Learning and understanding the science of trading will provide a good trading experience and can maintain profits.
There are actually many that influence decisions in trading, the decision is also based on research conducted.
But for those who do not have basic knowledge, decisions are only based on insting or just guessing.
it will even cause a lot of losses if not done correctly.

Experiencing bad trades continuously proves that the knowledge possessed about trading is not yet qualified and needs to learn again.

You are absolutely right that emotions always have to be controlled in trading and if you cannot control your emotions despite all your experience, knowledge and analysis then trading can be a difficult platform for such people, but it cannot be denied that good and bad news have a great impact on our trading. A good trader should always keep himself informed about the news along with his analysis, because the assumptions we make are often proven wrong by bad news. The crypto currency market is always heavily influenced by news, which can make the market go up and down. As yesterday XRP won its case and it has a positive impact on the market which has led many coins to rise in price.

I don't use leverage and only trade spot. I am well aware that many of the news feed events are created to manipulate the crowd. I trade accumulation and reset cycles so my trades are very infrequent. Perhaps some call it short-term and medium-term investments. I also track interest rates and take them into account. But I still take profits and cut losses where I consider it necessary.

I'm not saying TA is bad. But to use it, you need to understand many subtleties and use it wisely so as not to incur losses. I think many people have the illusion that they understand TA.

And most importantly, I think that owning both TA and FA is the best. Agree with you in that case.

Our emotions could be the best reason why we never succeed on our trades. Instead of being patient, we tend to become more greedy for bigger profits, and end up missing some opportunities to sell for consistent profits. If we keep on tolerating that, we will never be good enough and profitable in trading since emotions could be our best enemy when trading. That’s the reason why we should separate our emotions when we decide to trade.

Emotions would be the main culprit on messing up our decisions not only limited on trading but also in other situations or conditions in life which we do really need to decide and on the time that emotion
would really be getting in the way then it would really be stirring up your mind on what are the things that should supposed to do and since we had made out some earlier plans and targets but since emotions do get in the way then everything could easily be messed up specially if you are that someone who doesnt really have that good self control when it comes to things.
This would really be requiring that strong will and discipline towards things which it would differ on each person if we do speak up on this regard.

Outcomes or results would really be determining on how we do make out decisions in life not only limited on trading or real life happenings or events.
If you cant stick then its up to yours on how you would really be handing your life.

Things that influence our trading decisions basically a lot

sometimes I do my own research and actually this is must be number one when involve money whether trading or investment. But sometimes too I have a doubt in my heart with my current decision. tho at the end my guess was right.

or I watched people on social media they called an "expert" make my decision even blurred

Emotion is indeed plays a huge part in every decision making we have even in trading.

It has a good a bad effects, and it's gonna depend based on how strong willed a certain trader is. Mostly, especially newbie traders often to chase their trades by their negative emotions, such as frustration, depression, and ego. So the outcome is always chaotic, that make them losses a lot of money in the short term especially in the long term.

Therefore it's really important to control our emotions whether we're overjoyed or frustrated.

Emotion is the common factors that enfluences decisions when it comes to trading,  most people they find it so difficult to control their emotions, because of this they break every decision that was taking beginning of the trading or investment.  One of the things that affect newbies a lot is greed which is the cause of not keeping to decisions. Decision making and keeping it is the  secret of success in trading, emotions should never be a reason to break decision, that is why their is need for us to learn how to control our emotions.

You become a victim of emotion when you don't have a believed trading system or strategy that works, which guides you to know the entry and existing point of each trade. And to tackle this,  one should develop a trading strategy around chart patterns because they are technical analysis simplified which tells you the time to get in and get out of the market because of its proven historical performances in the past.

Emotional decision is the root cause for the loss sometimes in the trading.So the experience traders will have an habit of holding at the critical moment.The trading is based on the experience and the earnings will increase based on the experience.The panic selling is the worst part in the trading,many people avoid such in the trading.Holding was the key used by the experienced traders at the bear market.So the bull market will give them good opportunity to earn more profit.

Trading with less emotions are more about your strategies are effective, traders have to understand this.
Self-control is a must, we should not skip learning this one because this is your fundamentals and in order to succeed in trading, you must learn the basic first and its not just about buying and selling, most of the time it talks more about yourself first. Trading is a battle of mind and emotion, always have your control and stay focus on setting your goals and achieving it. Some might get influenced by someone or a mentor, its also ok but I hope they can teach you about your emotion control.

Emotions could be the best destruction in trading. Simply because people are born with different set of emotions and in every feeling that we experienced, there’s always a corresponding emotion with it. That’s why once we enter trading, controlling our emotions is of high necessity, otherwise we will consistently achieve losses and failed trading experience especially if we let our emotions decide in trading.

Despite the fact that it's been talked about several times here, I still see some people disagreeing with it as if it doesn't really matter. Some people think that if you are just good with your trading strategy, you can begin to make profits, which I usually disagree with. There is every possibility that a trader can have a good strategy, but perhaps since we don't usually know the market direction, if a trader who doesn't have a good ability to control their emotions encounters losses, could they be able to bear the loss? Some traders will not, and that's not a good characteristic for a real trader. So, I agree with you.

Emotion trading is very wrong, any trader entering a trade just because he feel like Bitcoin is about to fall or rise will lose to the market. If you don't have a trading strategy or have read and understood the chart to determine which direction the market is heading don't trade. If you can't control your emotions, your emotions will control you and make you always enter the wrong trades or the right trades wrongly. Many individual has fallen victim to their emotions because if this.

Emotions is one of the things that influence many traders, some professional traders still struggle with their emotions at time but what makes them professional is because they can always control their emotions but as a newbie you'll find it difficult to control your emotions.

How will you even encounter a loss if you already have a good strategy in place? A good strategy always have an exit plan that makes sure your losses are at a minimum, what I think someone should have instead of emotional control when it comes to trading is discipline, discipline encompasses even that part so having a discipline means you have control over more fundamental things granted you have a good trading strategy in place.

Having knowledge with different indicators is I think better but there is more to it to make trading a success. There must be some thing that makes your trade complicated and I don't think it's about the indicator that you use because you said you already learned many of them.

The two indicator that you use are popular and I always hear them but if we think combining indicators can help us better then why not? We only need to experiment what work better for us. Emotions are one of the factors involved in trading. It can make or break you but I think 90 percent of them is already too much. Like I said earlier there are more things involved in trading.

If we won't be able to handle our emotions during trading, it will be the one to control us and if we trade based on our emotions, we might only create wrong decisions. Trading is a roller coaster like ride of emotions and it will be the biggest challenge that we have to deal with because no matter how effective our strategies are, if we can't be wise in controlling our emotions, we will still fail. Continuous learning and dealing with every market situation could also train us to control our feelings in all yhe trading decisions that we will do. We shouldn't put too much emotions on trading but rather use our intellectual and analytical understanding.

Most of the time, the trading decisions of people are influenced by the influencers that you've mentioned who are considered to be experts but in reality, they know nothing at all about the market and its movements, there are some channels on YouTube that do analysis and also gives forecasts for the market but their predictions are barely accurate, I know that the market is too unpredictable but if they don't know anything, they shouldn't influence others.

If I talk about myself, the most prominent thing that influences my trading decisions is obviously the market conditions and how they are doing at a certain time, some people make trades at any market condition and some do it only when it is either going up or going down, I do it when it's going up.

Personally, I have noticed that so-called experts sell their courses, offer trainings, etc. for ridiculous amounts of money. Now the question is: if you are a successful person, do you have the time to train someone for a mere penny? And almost all bloggers change their predictions very quickly. And in general, they make both upward and downward predictions - that is, no matter how the market develops, they are always right

There is also a lot of informational noise around the audience. A blogger can release videos for 1-2 hours every week. And beat around the bush hinting at growth or fall, but not directly say so. Next week, it doesn’t matter if the market rises or falls, the blogger will utter the phrase “I told you so” anyway. Repeating that he is always right. Or phrases who wanted to hear me.
Bloggers who predict the market are still good psychologists, they constantly deceive the audience, and at this time they earn a lot of money on advertising or trust management of these same people.

I think emotion is the greatest problem of a newbie trader. We all have gone through this while starting up but because of experience we can now discuss it as something not very serious but emotion is very serious and need to be put in perspective. One of the ways to work out the fears or emotion is to learn good money management. We fear of our emotion because we don't want to lose our money, so in the same light, if we use stop loss we will do better. However, this is difficult for a new trader to totally leave out emotion while trading because sometimes an experienced trader has same fear.

@Latviand, Although everyone has their own trading strategy, the combination of all the relevant trading tools, candle types, and use of indicators Every trader has their best indicators and strategies that they feel are able to help them understand the market direction better, which can still be labelled as trading strategies. A trader can also decide to only trade at night, in the afternoon, or in the morning because they believe that's the best time to make more successful trades. All those are strategies that one can derive for themselves. But with your strategy, if you allow emotion to take part in the trading decisions you make, then you will likely encounter more losses than you expected. although everyone is not the same. So if you point out facts, always know that everybody is not the same. One can be very good at something practically, but in theory, they may have poor performance, and sometimes vice versa.

Perhaps, it was the greatest enemy for us but it is usually happen to newbies. This is one thing that we have to focus on how to manage well because even though we have gained a high level of knowledge and skill, and experience but still we can't manage to control this stuff, it was impossible to reach our goal. And I'd never find it difficult if we really wanted to succeed and have profitable trades. In fact, as we can see, a lot of people get into trading and fail and this is because of uncontrollable EMOTIONs.

I think it all happens to all the people, it makes us feel too emotional in every situation in trading. Especially when we didn't even understand the chart very well, a simple dip can make us feel anxious and make us take profit in an instant, we will get used to it as time passes by and it will be better if we learn how to read charts as well so no other influence can affect our trades.

yes I think most of the trader influencers get their money from membership and courses or training and you have a good point if they make dozen of money from their trade why still need our money.

and if they want to help traders out there they should  give what information they have into social media like youtube and got money from it rather than sell it

Any trader that can't control their emotions shouldn't be trading because if you ignore the fact that you have a problem and still be trading, your emotions will make you make decisions that would be destructive to your trades. Emotional traders can't be a successful trader, to be successful at trading they have to learn to separate their emotions from their trade so they can make the right calls on when to exit the market or keep holding.

Individuals that has decided to go into the path of trading cryptocurency, you first have to eximained yourself to make sure you can make decisions without your emotions interfering because the market is manipulated to mess with traders leading them to panick buy or sell.

Trading in cryptocurrencies is a very important matter. Trading may seem easy to you but when you trade you will realize how much you already know about trading. Before starting trading professionally, first you need to know about trading. And besides knowing, you have to put it into practice. First by depositing a small amount of money, you need to gain practical experience and risk of market volatility trading, then when you understand these things well, you can continue trading professionally for profit. It is very important to control your emotions in trading. You should never trade with your emotions. One should always keep a cool head and give up one's greed completely. In trading you can follow others but don't apply other's strategy directly, own strategy is very important in trading.

It is a sort of trading preparation and we indeed doing this otherwise, we never get what we wanted to happen. But it was not just having that knowledge and skill, we also have to learn how to control our emotions as this is a factor that would affect our trades. That is why I have to encourage people to take it slow and never rush because learning trading couldn't be instant and so much more from controlling our emotions. However, I don't discourage people to try and make losses because in this way are able to learn more.

If the one who is engaged in trading at the beginning of the path receives a loss, this will be a good lesson for him for the future big path. But if at the beginning of the path a beginner earns a rather big profit in the trading, he will think that he is a genius and will always be so. But this will not happen, for some time he will give all his profit to the market and this loss will hit his morale very hard. This will be an expensive lesson.

Still, trading is primarily the ability to lose and stop losses, if you do not know how to do this, then trading is not for you.

What I have noticed about many of those successful traders is that they normally like to sell courses to newbies so that they can earn from them. The most annoying part is that those courses might not even worth that price they sell to people. This had made me to frown at such mentality to earn money from upcoming traders.

There are many free courses and PDF we can get online, even on YouTube to help us improved in our trading journey than buying different courses online to help us improve our trading professionalism when we can get almost related materials for free or with little fee. We need to make good trading decisions for us to enjoy trading or else we are going to lose big from trading and find it very difficult to make profits from it.

This type of thing should not affect the average person who does business, I think that sometimes they are matrices that arise as a result of the popularity of social networks, creating content.

 Professional trading is the one that could definitely be found meddling in such situations, but crypto trading basically needs a premise use money that you can afford to lose and understand that gains are determined in the long run.  This is for the common mortals who do electronic commerce, who in reality are the vast majority in cryptocurrency commerce.

 Learn to program a bot correctly and invest without fear, doing so avoids this type of influence.

I dont consider for  those people to be successful because if they were making huge money on trading then making some ebooks or whatsoever write ups shouldnt really be done something yet it would really be waste

of time for them to get a penny if they could simply make tons on trading.Yes, there might be some traders who would really be liking to share up the knowledge but its true that someone couldn't really be able to mimic out on  whatever the things that been put up or listed on there. You could really be able to follow on whats written but it wont really be making out assurance that you would really be succeed on this one because there's no way that you could be able to know on what are the other factors which you would be needing to learn which is only possible for it to be acquired through real experience.

Lots of things would really be affecting out your mindset on which it would really be altering your earlier decisions.Its common on which its not something new anymore.
This is why self discipline and control would really be crucial on these kind of times.

That's how a professional trader becomes a professional trader. You can make profit, anyone can make profit, but what you do when something goes wrong matters how great you are. Some of these people literally make profit from being ready when things go wrong, and that's how you become a good profitable trader. That doesn't mean that you are going to end up with something weird, it just means that the price may not go where it should go due to some news.

Being ready means countless hours trying to find every angle on something you buy, which will of course change some things and that matters. Not a lot of people can do that, it is going to be a bit of a different approach that changes things eventually, and that is going to be when you need to be ready.

If you let "things" influence your trading then you are going to be pretty upset about it in the end. I am not saying that you should be ignoring everything, but at the very least make sure that you pick out what is good and what is not in order to consider it a bit different.

I understand that it is going to be a bit of a difficulty when it comes to making a bit of a wrong decisions, but at the end of the day we all make wrong decisions and if you let things influence you then you are going to make even more wrong decisions as well. I suggest keeping it a bit more strict to your research and your own understanding, without having any influence from anyone or anything. This way you will be able to see it more clearly.

You can't trust bot hundred percent because those things are programmed and since its programmed it does not have accuracy, so it's a man made which you can't not be dependable on them, but I wonder while people always emphasise on them mostly recommend them as a useful tools to trade, what you said about their weakness I think you are right because, no bot that doesn't have a disadvantages but many people will think that all bot works perfectly while it's made by human.

well that actually depends on what really influence your trading decisions, if its just some random emotions, just because the chart doesn't go your way that you get upset and wanna let some steam off your head, then I could simply understand that such emotion affecting trading decision is better to ignore.
but if it's coming from some news like for example BNB that gets affected by the lawsuit news then you could pretty much needs to change around your strategy and responds to that things, i could consider it pretty much influencing the trading decision but in a good way.
so basically it depends.

Trading bots are useful - but they will not 100% help traders to make profits consistently. Bots are useful for managing the trading process and customizing trading strategies - but of course bots are not perfect. Traders can take advantage of and maximize the functionality of bots - but I tend to be more confident in my own decisions than trading with bots.

You are right that bot trading can be useful but making your own strategy for trading and trading from your own analysis will be more useful, because I have also tried trading with bot trading. I didn't get any significant profit in bot trading but I lost due to price drop. Instead, when I trade using my experience and analysis, it gives me good returns. So bot trading can be useful for newbies and people who don't have time for trading, but I think people who have time and are interested in trading should try to learn by themselves and after gaining experience they can make a good profit by trading on their own analysis.

If you are already prepared with the trading pattern, strategy or plan do you have you can make a trade on your own, don't make a trade because of the decision of other people its your decision by now, its your choice if you want to get a ride with the trades of other people but its always happen? Ideal if you have a concrete plan go for it and stick to it many people want to trade but they over committing to their decisions for example they hoping that the market goes up and take a profit but after a few minutes they lose a lot than their position, and people keep holding even though the support already break that cause them to lose more money, those are the instances could happen. Emotions can cotnrbtue to your decision making so its not all about knowledge but also emotional stability to make a decisions.

In short, we should always stay on our original path, we should never cross that line. For example, in terms of profit, sometimes many of them have touched their target at the beginning, but they are too greedy so that the profit they should get at the beginning becomes a loss. That is one of the examples where a trader suffers a loss due to exceeding the limits set at the beginning.

Emotions are one of the fundamental things in the trading journey, and it is true that emotions play a role when making decisions. It takes practice and experience when making our emotions work, I mean emotions can be used to make us profitable. But again it takes a process and certainly will not be separated from experience.

Trading bots may be helpful for those traders who do not have time to actively monitor the trades or cannot stay for long on the screen to get the trades setups and monitor the trades.

I will prefer to get knowledge of trading and do trading myself rather than putting bots to work on my behalf to do the trading. By the way, I haven't heard that these trading bots give you constant good profit, because if it was true then everyone would have been doing bot trading and making a lot of money.

Emotions are hard to resist because that’s part of being a human. And in everything we do, different emotions are always present. That’s why it’s difficult to control it even in trading especially if you are trading to make some profitable gains and to make your trades worth the risk. The reason maybe why most traders fail in trading is that they keep on insisting to stop their emotions, when in reality emotions can’t be stopped but can only be lessen or minimized.

Bots arent that bad but rather it would really be that helpful but on the sense or on the time that if a certain trader is really that knowledgeable on how to make use of it because the main purpose on why these things

do exist is that it do really automate up your trades which it is really that helpful if you arent really that facing or in your computer on certain time or moments on which it would really be that  significant
that having these things would really be so useful but on the time that you are just making use of those pre-set up bots with having those trading settings without even knowing on what it is
then its not something that recommended unless if you are that a trader who does know on how to change up things if necessary if you do see something of those strategies are not really that good on such
set up. Following traders or copy trades could do but its not something that you could really be able to rely.

Nothing beats out if you do make out some manual trades on your own and not relying on copying on someone when it comes to trading. You would really be able to mold up yourself on becoming a better
trader on the time that you are the ones who do make out those strategies and analysis on the time that you do make trades or having that approach towards  the market.

I feel like that only works when you know where you should sell at. We are forgetting that not a lot of people know how to pin point where to sell, some people buy because they think they should buy at that price, and sell because they think they should sell at that price, without knowing what to really do.

This causes of course a lot of trouble for them but at the end of the day there is really nothing wrong with making mistakes. That is how people learn, they make mistakes to learn and they will end up learning one by one. This may take some time, but it will eventually happen and that is why I believe that we are going to be fine in the end. Definitely not a problem at the start, so people should just fall off the bike to learn how to ride it.

The bottom line is that if someone can control their emotions, they will be able to trade calmly. Experience and flying hours also greatly influence everyone when making a decision. And this is where the importance of a strategy in trading, someone who has high flying hours is sure to have a sufficient level of confidence to make a decision. Emotions will never disappear from someone's mind because it is natural and everyone has it, it's true as you said that we can only control these emotions. High flying hours will increase us in experience and emotion will help someone reach a decision, then the strategy will produce something according to what we are targeting and self-control factors will limit us to minimize losses.

This is why being able to manage our emotions is a very important skill, since not only it will affect your ability to make a winning trade when it counts but it helps in every single other aspect of our lives as well, however this kind of control is not encouraged by society these days and if anything is looked down upon, as if there was something wrong with trying to deal with our emotions in a healthy way, which by the way I think this is the main reason why most people cannot become successful traders.

One of the things that would really be making you alter out your earlier decisions would really be mainly your emotions which is something that would really be normal since we are just humans then we are really that

emotional.We do know that there are really moments that cant really be avoided on which we do really become that impulsive on which means that changes would really be likely to happen.
On the time that you would be gaining up experience then you would be able to make control of your emotions and this is why experience is the key because we do once becomes a noob
or something that lacks knowledge and  this is why we do really make out this kind of missed out opportunities or chances.

Trading with a very volatile market is something that not so simple, due to those movements then it would really be making yourself that impulsive but with
having sufficient experience and kills then you would be able to control it out.

The issue with the stop loss can be easily solved, if your stop loss is too close to the current price and it keeps being hit over and over again then a way to solve this is by reducing the amount of money you use on each one of your trades while you increase your stop loss in the same proportion, this way your stop loss will be wider but the risk that you will take will still be the same and you will not be as vulnerable to a whipsaw.

* Emotions in trading

This would be the main thing that would affect us on doing trading, it could alter out your decisions directly if you arent that good on controlling yourself.
This is why you should really be that mindful when it comes to this one and having the control of your emotions on the time that you do make trades would really be giving
out that kind of advantage on which it is really that something that needs to be adjusted if you do see that emotion is really that hindering you on making good trades
or trading decisions.

On the time  that you would really be gaining up experience then you are really that going on your trading career then you would really be able to
make yourself that way more better as days passing.

Not just in trading but in all aspects of life, our emotions leave a strong impact on our daily life’s decisions. That’s the reason why we have to evaluate and assess our emotions carefully especially in trading where emotions become a great enemy to be successful in trading. If we can’t control it, which I think is certainly hard, then let’s just trade focusing on our set goals with high determination so that trading will still be more profitable and successful in the end.

In everything  you said, I was moved by the  confirmation believe because I already fall victim of this one and I can attest that I've lost several hundreds of dollar staying bullish about the prices of commodity in the market and the funny thing is that I constantly  still make losses with hopes of recurring everything I've lost when my time comes but it seems the time is even taking .ore than enough time to come and that's not healthy for a trader.

Now talking from the stand point of a trader, I agree with op that having a confirming prove to back our decisions is one of the reasons why  emotions keep playing on us.

emotions can not be controlled because its natural and in struggling of controlling emotions one stay so calm that he losses his money which also does not sound good so I want to say that person should think about his profit not about the price in future because we have to just reap our benefit and have no concern what will occurs in future.

Let's say that if market goes down and you loss money then its in your hand that first learn how to fix this mistake but if you are putting money repeatedly without fixing your faults then it means that you have no control on your emotions even you cannot minimize it.

 Although emotions are natural but you can use your mind in such situations to minimize your emotions to not do anything which makes you looser.

The fact that we can treat the movements as just numbers which if churned properly can give us profit through its difference should be ingrained in our heads. Then only we can keep the emotions aside - if its dropping buy and if its rising sell.

But what comes in between is that people are either in a hurry to make money or they have take a loan to trade on and need to pay it back. These things disrupt the mindset and the trade makes the mistake of buy/sell at the wrong point or go for shitcoins or do something stupid like margin/futures/leverage.

Try to avoid these bad things, be disciplined in how you spend and do dummy trading often and anyone can profit from the spot trading market, in my opinion.

Keeping emotions away from trading is easier said than done. We can't separate emotions from trading. There will always be emotions, we just should not allow those emotions make decisions for us.

But I have a question, if I exit trade then that's "fear" and if I keep trading is "greed", so what am I supposed to do. Fear and greed are not what we should allow make decisions for us, sometimes the decision might come out good but it doesn't always work out. So what am I to do?