New to trading? Learn to be an emotionless trading machine

[neonshium]

Is always easier said than done, people put emotion because they put their money on the line and sometime emotion can be dark cloud when it comes to making decision. Is okay to have emotion in it but don't let it affect your judgement.

Emotions in crypto trading should be all excitement and nothing else because all you need is to deal and lead the process according to the real flow of it by applying the strategies it involves. But make sure you have learnt all the technicalities and necessary basic knowledge is a must learn factor. Whether trader is professional one or not s/he should get the knowledge to deal with things with optimistic approach.

[upsidedown75]

While I do without trading robots and it is much easier to put new orders to buy and sell, as the goal in numbers may vary

You are indirectly telling us that only ROBOTs can be an emotionless trader, anyway, it seems you are right to some extent, we are humans and in as much as we have human nature, we will always put emotion forward.

What makes us a better beings than animals is because we have the ability to control our emotion, everything is right there in our mindset, if we really don’t want to be greedy, we can achieve this if we put the whole of our mind to it, otherwise, it will be better we just make use of trading BOTS as you said if we are too weak to control of greed and emotion, but to me, nothing too difficult here to control ones greed level.

[ethereumhunter]

Be careful with your emotion because you will lose control if you are following the market without any calculation. You will feel difficult to analyze the price and determine the good time to enter the trading. You need to learn to control yourself so you can control your emotion in every time you trade. Don't forget that you must obey your own rule, so you don't miss anything in trading.

[bravehearth0319]

I know this may sound somehow impossible for some, but really, to be successful in trading, you need to have the mind of a machine. Now, you cannot have this if you do not have a strategy and you cannot have a strategy if you do not take your time to learn.

Let me explain myself better, for instance, when using trading robots, you input your strategy, and they do it better because there is no emotion attached to it, except that they just do exactly what they are programmed to do. You cannot do well without a strategy and you cannot do well too when you keep changing strategies over and over again.

Learn, get a strategy, build on it, and then trade it like a pro. It is imperative that you get to see trading as a profession, which would always make you to see yourself having to let your strategy play out than letting your emotions rule you, which I believe most new traders are guilty of.

What makes you even better than a machine is the fact that you can think, you can fine tune your strategy with experience you keep gaining over time, but when it comes to never letting your emotions come before your strategy, you need to be like a trading machine.

In the first place dude, We are not a robot. I'm not saying your wrong about you mentioned in the above, but all of what you just said is not that easy. As a traders We really, really need time to spend with learning. You cannot learn it in one day only, you heard it now, and then tomorrow you know all, of course its not like that.

[Rufsilf]

You can not possibly be a machine trading human if you are still a human that have emotions. There will be emotions at least. But all you have to do is be good and try to control your emotions.

Yeah right, we’re still humans it is very impossible to be emotionless, I think it is about having self control because if you don’t control your emotions most of the time it will only lead to bad decisions and bigger problems. Based on what i’ve read here self control is the key to be successful in gambling, it maybe simple to hear but difficult to do, it needs a lot of work to achieve it.

[CryptoPowerL]

I know traders who have studied a lot, but they were not able to turn off their emotions because of what they lost their money. If you can't cope with your greed, then you better not start trading

[logicgate]

I know this may sound somehow impossible for some, but really, to be successful in trading, you need to have the mind of a machine. Now, you cannot have this if you do not have a strategy and you cannot have a strategy if you do not take your time to learn.

Let me explain myself better, for instance, when using trading robots, you input your strategy, and they do it better because there is no emotion attached to it, except that they just do exactly what they are programmed to do. You cannot do well without a strategy and you cannot do well too when you keep changing strategies over and over again.

Learn, get a strategy, build on it, and then trade it like a pro. It is imperative that you get to see trading as a profession, which would always make you to see yourself having to let your strategy play out than letting your emotions rule you, which I believe most new traders are guilty of.

What makes you even better than a machine is the fact that you can think, you can fine tune your strategy with experience you keep gaining over time, but when it comes to never letting your emotions come before your strategy, you need to be like a trading machine.

In the first place dude, We are not a robot. I'm not saying your wrong about you mentioned in the above, but all of what you just said is not that easy. As a traders We really, really need time to spend with learning. You cannot learn it in one day only, you heard it now, and then tomorrow you know all, of course its not like that.

  Yes I am agree with you we are not pre learners but we will have to make our skills get polished as we will have to work hard, gain information, try not to be emotional about your trading consequences, we should know if the price volatiles it is only because the price is rise and fall to give us an opportunity to buy at low price and sell at higher price but never take any trading decision being emotional.

[Finestream]

I know traders who have studied a lot, but they were not able to turn off their emotions because of what they lost their money. If you can't cope with your greed, then you better not start trading

Greed is one thing that will block us from becoming profitable traders.Yes it's really hard to fight against our own emotions but as a trader,we should learn how to control our own emotions so that we can do trading almost perfectly and end up trading a profitable one.