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Author Topic: A thing worst than "don't trade with your emotion" a trader should avoid  (Read 820 times)
rojan
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March 13, 2022, 04:16:32 PM
 #121

What might hurt me more is "fear of missing out" - when your friends talk about how much they made from a specific coin last week and you just buy it before it's not too late, without analysing anything. You buy it on its peak price and then suffer some losses.

Would that be peer pressure, then? I think it is most likely would also fall under the trading with the influence of emotions. And I believe that it is really one of the factors why most traders push harder way past their ways because they would want to cover or reach all those missed times an d opportunities. But this should not be done because it would hurt more than it could give gains if your tiding journey.
But going here will crush peers I think it will probably fall under the influence of emotion trading if I believe that this is actually one of the reasons why most traders cross their paths and push harder paths because they cover all those missed moments.  Want to do or reach it is Sudraka but it should not be done because it will do more harm than good to you

Viscore
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March 13, 2022, 04:41:39 PM
 #122

As a human being we all have emotions. However, when it comes to trading in markets, it pays to keep away from them and adopt disciplined approach.When it comes to trading it is important to control your emotions. Dont try to chase the trades and dont make trading without proper analysis. Learn how to manage your risk. Success is  based on your actions and those actions got consequences. Its either good or bad, its up to you. Dont let your emotions ruin everything.


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