Bitcoin Forum

Neural network & blockchain-based technology that eliminates emotional influences to increase revenue for day traders.
+ we have patent application!
[ ICO Athena - http://athenacoin.io ]

OF course not, I do trade base in the movement of value in the market place, then I always check the buy wall and sell wall. So that I know the update situation of the altcoins too. Even the team in the token I checked if they are actively updating their community too.

One of the reasons that makes us lose money but if you are not a bot, even if you are a group of professional traders, you can't trade with zero emotion.

in one way: of course not.... but in deed... of course yes (when you touch your own "disappointing point":

it's 4 years that i trade cryptocoins... and i can say that i have my own method during with i am "cold" on pump and dump or during bloody days.... but from time to time... whey you see that your theory and interpretation of events aroud a coin are so different from the reactions of the comunity... or you feel a lonely stupid..and  you admit that you are wrong.. or you consider yourself  right but in a wrong timing so.. you let yourself to be corrupted and involved on emotions. it would be the time of disconnect yourself from trading... but its not always easy.....

thats why i did lot of mystakes many many times... even if i consider myself methodic in general and cold on trading....

Nope, the brain should become the main actors in the trade activity, i understand if you are saying that about AI to replace your emosional but sometimes that will have used to take or determined the urgent decision.

Emotion-based trading is definitely a dead end unless you have a 100% intuition. The price of cryptocurrencies is so extremely volatile with such dramatic price fluctuations that it can cause panic and fatal strategic errors. Of course, it's impossible to get rid of all emotions completely, but they should be minimized. I personally try to rely on the available information about the current marketplace situation and analytical skills.

Of course i do! If you do not have emotions when trading. You aren’t human. The things that separates a good trader to a bd trader are great knowledge, great experience and great control of emotions. But not no emotions. Emotions drives us and fuels our desires to continue trading. No bot is better than a human being. Bots will always lack something. Which is humiliating for a bot,m. Whereas in humans, mistakes are common and can be improved with experience over time.

nope.. always trade with brain and see market tactics. there are people who first pump and then coins so you need to be smart in crypto world

not at all  emotions can make you loose a lot of money:) and take bad decisions

Trading with emotion is a mistake. Its incredibly difficult to do however.

Decide whether you are an investor or a trader.

Investors invest with emotion.

Traders, if they are to be successful, must trade without emotion.

Impossible to trade without emotion. It goes against human nature. You can only try your best to manage it.

I am more of an investor but I trade once in a while. I just cannot help to be impatient if the price goes down and my trade is not called yet. But anyway, I am learning that's a fact of life.

yes, emotions are also effect. But only emotion can not decide trading. trade depends on market demand, share holders involvement. market sentiments depends on the different factor like, good or bad news, international policies, buyer/seller. all these factor decided trade. now a day many software are available for trade advise. 

If you trade with emotions all bots will eat your salary very fast.
Forget your emotions trade like a bot to profit

You should not decide based on your emotions. It is very important to use you brain in trading industry. It requires analyzing the situation. If you will just trade because you you want to, there is a big chances that you would fail and might lose your investment. So think before you trade. Think seven times and be wise.

This is why bitcoin and other alt coins made my emotions stronger. Before I used to trade base on my emotion and like when seeing the price of that alt coin or bitcoin which I hold, I don't take time to do another analysis and instead, I keep on selling my stash that leads me to cut my losses and after that it is making me regret at the end because it never get dumped again and it is starting to increase after selling. And that's what I learned, don't depend on your emotion.

when I have started to trading first year it was complete catastrophe because I was so emotional, getting angry, scared etc. and those days caused me to lose a lot of money that I hardly made it back after that. my advice for beginners, if you think you are not ready psychologically, give it a bit time and come back later.

It is strictly forbidden to trade on emotions. Professional traders are always trying to abstract their own emotions and trade with steady hand.

I trade with emotion over the past years that made me very hurt
Trading need exprienced and choice the right assets, sometime I cut loss with emotional and made a right decision.

Are you a shill/paid FUD poster of athenacoin? The topic title is something and the OP is too scarce to explain how that links to athenacoin. I myself have read the ANN of athenacoin and understood how "neural blockchain" is associated with that but why post it like this?

If you ask me, one should never trade or do anything associated with risk based on their emotions. Emotions have the bad habit of blocking the normal logical thinking and reasoning and may force you to take decisions which are outright stubborn. These decisions will most likely have bad effects in future and thus controlling them is a must.

However I must say, this does not mean I will invest in athenacoin. Period

No, I trade based on survey and analysis results in some markets including electronic and internet media for consideration.

Because if based on emotion, we will experience a lot of money loss can even destroy the trade business that we pioneered.

trading on the basis of emotion usually has a negative effect on the outcome. for that we must intelligently analyze the market movement of a coin

 Its not wise, if you let your emotion decide weather your going to trade or not. You must need to think and be business minded in order to earn more from your investment. You should know the value of the coin you are holding and research if it is worth to keep.

I agree, and anyone here serious about trading will agree. But the truth is, 90% of us traders here are amateurs who rely a lot on the advice of others and react to the news we read on websites and social media. The problem with marketing and shilling is that they work,,, whether we care to admit it or not. Every day is a lesson for me and I believe I grow more as I trade, win or lose. But sometimes I throw out the chart and buy or sell on emotion. I wish I did not and I know I do it less every day. But it is something a lot of us are not immune to.

Traded without emotion is so hard . I wish i could i remember when i was all in on the bcash and he was like 250€  . I was seeing my money crashing down . and finaly sell at loss .   1 week later a big pump happens  =/  I've missed 10k€ .

NOPE.  Trading must not be based on emotion.  You cannot think properly if you decide under emotion. Mind must be superior than emotion.    It is natural to experience panic if you see that the value of your investment is fluctuating but if you sell  during that time, then, you will experience more lost. You must be patient and wait for the right timing.  Think and focus to study the market rather than trusting on your instinct.

Yeah When i started but I'm now more into long term.

trading,,i look based analisys,like volume,chart n buy support,,sometimes im using my feeling too :)
n nice info very important

You cannot trade with emotion and expect to be profitable  :) If a coin is about to make you a loss, sell it before it does! Save your emotion for other areas of your life; with your partner/spouse etc. This game is about making money, you think the developers of the coin care? Probably not.

When Im new in trading before I always use my emotions during trading that got to lose my hard earned money. If doing trading just base in emotions probably will resulted into loses. It should be base in the movement of the market with analysis.

As ive seen on the link i do really love the idea but this kind of project isnt really necessary at all because we can able to handle our emotions without the need of being guided because we would able to gain it along the way through our experience. Emotions would really be a big problem when we are trading specially when we are still a newbie,we do easily panic which causes for us to commit mistakes.

I try to separate emotions and rely on the voice of my mind, but, of course, I trust intuition (we are all humans).
completely unemotional not turn out in any way.

Trading based on emotions is the last thing we should do. It is more like gambling than trading.

I'm trying to avoid any type of emotions when I'm trading. But it's VERY hard to do sometimes.

cause if you go on trading with a hard emotions there is a possibility that you can make a bad decision let go all your struggle peace of mind this is a required emotions cause if you are not stress and you go here you can now in a good way not all im telling but this is the way that you can avoid more losses let say you loss a lot and you to trade again make sure that you go here with no heartbreaking moment. Just let go all bad emotions.

and also make some wrong decision too if you are in some critical emotion going in trading there should there is a specific emotions of not there is no but always remember trading with in a sad emotions that your brain cant function normally can lead you to nothing but bad.

I mostly trade based on my feelings and news I see on the internet because I am not able to analyze charts or use such technical programs.

I sometimes randomly trade on exchanges especially on bittrex, and at the end I feel very depressed for my decissions. It's somehow not true to go with our emotions. We have to use technical analysis methods.

Trading with emotion most time is not good, trading requires self discipline so that you know when to buy and sell but little bit of emotion is not bad either at least it makes us have the mind we are doing the right thing.

you are right with out survey no one can achieve their goals. and bitcoin user goal is profit if you want profit and invest money in any altcoin you should be confidently go for survey and see their history and look for their future thats in which position that can be valuable than you should invest you money . and as you say emotional. emotional can destroy all your money.

Practice shows that if you're not experienced, your first steps on the market could be calculated and logical, as you try not to risk in the beginning, but the reactions to unexpected changes are always emotional, leading most often to losses. Therefore, it's true that the main thing is not to raise rates, until the experience is enough and you get the right feeling.

I have to say yes, I have been holding on to a crypto while it's losing 90% of its value. Should I have sticked to my plan I would have sold it long time ago. Since I really like the project, too much emotion has been put into investment decisions.

nope, trading based on emotions is the worst thing you can do if you are managing a big amount of money in your trades, you can easily lost everything if you make a wrong play just because you were afraid of the next movements, it usually happens, that is why all the newbies lost their funds fast, because they are controlled by their emotions.
So dont pay attention to them, and keep trading, you will see that you will earn a lot of money.

I have traded coins using my emotions, and it never really ended well. Sometimes when the price of a coin is going up I would try to jump on the bandwagon to make a quick profit. However, the price would always crash from holding the coin too long. Now I learned my lesson to be patient, and never buy into a pump because the price will surely tank afterwards.

yes emotions are there in the process in fact emotions effect almost every decision we make in life . yet sometimes it may fail you. i think good knowledge and experience about alt coins will help making the wright decision.

emotion is terms of business most of the times has bad results so am trying to avoid trade based on my emotion:)

I try to trade without emotion - clearly following the trade plan that I have chosen for myself.  But like any novice in this business, it is not always possible to follow the plan without errors.  It is very difficult sometimes to overcome emotions and sometimes they take over

We can't trust it, but feelings say 'need to be trusted'

emotions are involved but its you duty to control them,
some times emotions are the reason behind your success in trading and some time it become reason for losing. In most of the cases emotions involve in losing. the bad thing is there is no anti-emotion equipment in the market that is used to take away our emotions during trading, the only equipment is you.

each time i trade with my emotions i regret and i lose money!

last time i buyed iota when he get listed on binance. since iota losed 20 cents  :-\

There is no such kind of trade in which emotions are not involved. The only thing that matters is how you control your emotions while trading. Relax your mind and face every loss in term of new lesson that might help you to control your emotions. Like losing with gambling, don't bet more and more funds, just turn off that computer or block those sites which make u lose money.  To get on topic again, the best way is to hold your tokens even when the market is bearish, eventually the price will increase again and u will have a chance to get out with profit instead of loss. Always remember when u don't sell, u don't have profit or loss.

Sometimes waiting for right entry is part of business. Productivity can be extremely helpful when starting to trade. If you are business searching, you must analyzed and understand it very carefully. If you failed then never to used emotions. It is not gonna be helpful. Perhaps, learn how to control your emotions by solid trading plan and by keeping yourself productive.

There is no such a thing as trade without emotions, we are not Vulcans http://memory-alpha.wikia.com/wiki/Vulcan (http://memory-alpha.wikia.com/wiki/Vulcan) so there is always emotions on your decisions. For bot's Stock Markets are using it for more than 15 years already and almost no bot can survive on all markets. Despite all the evolution on Artificial Intelligence, humans wins a lot more than bots with current tech. But for Long Biased markets like Bitcoin market there is winning strategies for bots, but humans are also effective on this market just by HODLing !!

I try to suppress all emotions when trading. Profit is the only thing that matters. Of course with slim margin there can be exceptions.

That is probably the single handed worst mistake you can make as a trader or investor. Doing that will make it so that you wont last longer than a year in crypto. Hell just these two forks in the last few months alone might

made you go crazy to lose most of the money you have. Crypto is not for everything, crypto is not for the fainthearted.

I try not to but sometimes it just can't be helped.

You're right. Trading should not be based on the emotions because our heart is a deceiver. What we feel is not what will really happen. So, it's not good to trade just because you feel like trading without thinking about the outcome of your decision.

Exactly the same with me. I try my hard not to emotionally make a call. But I just can't resist my temptation and the result are mostly a loss.

^ even though we've done observations and reading trends, we can also guess we miss and we lose at the time of trading. and we can also very much obey our hearts, feelings, and emotions when about to sell and buy, but we still lose. it seems there must be a balance between logic and emotion when we do buy and sell at the time of trading.

Trading is the most used process for earning money online . Traders must be patient in order to attain and earn the high value of the coins they will trade . For me as a trader , i trade not based on the emotion but based on the price of the coin in the market. If you first fall in your emotion rather than thinking smart choices, the trade will be inefficient and not that high because of the hasty decisions that brought your emotions .

Agreed , because you just can be ur self , trust ur self , do anything with your own risk , its just a opinion.
Because a trader its not based on their emotions , just by feelings and predict the value of marketplace and you will get the best time for sell or buy.  8) 8)

You need to learn the difference between instinct and emotion. Good traders will trust their gut instinct; bad traders will trade on emotion.

Set trading goals and stick to them. It's better to preserve your capital base with steady growth than to always be swinging for home runs. Profit is profit, so long as you take it.

using emotions in trading are there because need to calm and relax if the investment falling dump but i believe the most impotant in trading use to be success as investor your knowledge and skills as traders.

i think in this business no emotion needed if your acts with your emocions you will be gamble.because notion and emotions can be clash on somewhere and always i choose my notions

I think yes that it is right to say that emotion to not have any place in trading, You sold consider trading as your business and should pay full attention to it, because it require a lot of attention if you want to become successful in trading.

Yes, emotions is one of my factor when i trade a big amount, and also emotions is the reason why people is successful and not, its good to trade when your emotions is not very happy or very mad because it can cause you lose control and not thinking very carefully, you must trade with a calm feelings so you can think when is the right time and place to trade.

Emotions will make you lose, if our brain is controlled by emotions then it is difficult to think rationally. this is dangerous, your knowledge will be lost and you become blind. In trading is very important to control emotions, be patient and not careless.
Always do market analysis and decide which strategy to use.
 :)

No use of correlate the emotions with the trading aspects to large scale. It's all about the prediction market, one who have been in observation over the market predicts price in a much better way. The same when played with emotions cause panic situations and the same might cause loss.

I'm usually trade because of my local community  support each other tell info about what altcoin shall be invest and be not to
It's fun to share trading experience so we can able understand better to predict next value from altcoin investation

i am not trading based on my emotions because it will risk my trade and i can not analyze with clear and i could make something wrong. i have many experience in the past related with using my emotions and i make many mistake so i don't want to do the same mistake. this is why we need to control our emotions in trading because its the most important things that we should know so we can avoid to make wrong analyze. even if we are in sad conditions, i think its wise if we don't trade until we can handle our emotions.

Emotion must not apply in doing trade in the exchange platform. It will not give any help while we do trade in the market. We should know how to control ourselves so that everything will be fine for us to gain profit.

Reason is a necessary condition for investment, if easy to be emotional control, I would like to do not participate in such an investment

Trading based on emotions is the worst you can do!
In 90% this will be a fail trade or is the wrong decision.
Emotions and trading doesn't fit. Leave feelings and emotions out!!! If you can't than trading is the right thing for you.
You always need to have a clear mind and being able to focus, no bias, and just do to what the chart tells you.
This is the reason why 90% of traders lose!!! You yourself are your biggest issue (hurdle), not the market or the basics of trading which of course you need to understand!

No I don't. I use my proper knowledge when it comes to trading. I'm really into it that's why I make sure that I will not loose at the end.

actually, i think emotion will affect everything we do more or less, its harmful to investment because emotion will make us make wrong judgement and do unwise decision,one way we can do is to avoid trading when we have a strong emotion

Who doesn't! When it comes to money, it may suprise you that you have some greedy feeling that you never thought was there! Emotion always run wild with money! But the ability to control your emotion and put it or subject it to logic is what differentiate the winner and the loser!

Yes right the more you are emotionally stable more chances are there for you to earn money. Because if you are emotionally attached with trading then it is very difficult for you to lose your money. For trading it is i think mandatory to be emotionally stable.

depends on the emotion if your emotion are you are afraid to lose money while in trading it will truly help you for you to think the best way to do so i must agree that while you are in a emotionally stable that is the best time for you to earn money.

Of course emotions are the main obstacle for trading, but it seems to me that none of the neural network is not yet able to outperform humans in trading.IMHO

Though the topic sounds misleading but most people did not even take out their time to check out the OP's link. It is just basically another ICO that is basing their algorithm on AI for traders to eliminate emotions when trading and do not even have a product yet. Sorry, but I don't believe in this crappy projects that will end up just giving us some unrealistic ideas that won't even be possible.

If you have an idea, show us what you have done to attain it at least a bit. Sorry if I am being too mean here but it is just the truth. However, I do not see the reason why someone who really wants to trade in the first place should not be able to work on his/her emotions before learning how to trade.

Never trade with emotion (easier said than done, i fomoed in 2 trades, one time it paid of, the other time im still holding the bags)
do your research, make a plan and than stick to it. works best for me

Cheers

In my tradings, I always make my decisions with examining the charts and the past situations of the currencies. I am a person who always try to think mathematically and wisely. My feelings have a very little place in my decisions.

To the question (header):
Emotions have a big influence into my trading decisions and honestly I doubt anyone could trade completely emotionless. How could you do it without hope for success? No one knows the future so best thing you can have is hope for success imo hope is an emotion. This hope can be stirred by knowledge of the market, news, analysis of any kind but in the end to decide wether to invest or not, you need some "gut feeling".

To the ICO:
Interesting approach, sounds like it could become a real big thing, still my guts tell me that it won't and this won't be the first ICO I invest into, I could argue for or against investing here with many pros and a lot of cons but I think it's up to yourself if you want to invest or not, laugh at me or feel sorry for me after becoming rich due to investing here IF it will skyrocket.

Good luck ppl