First hand examples of Emotional trading

[Canoppo99]

What are some examples of when emotions mess up your trades?

Usually the emotions of trading were at the highest peak are when the trader managed to gain profit  for the first time and if the trader facing a trading position with a floating value minus then the trader tend to panic then resulting in losses. Greed, overconfident and fear are emotions that we have to get rid of it. By using some tools or bot we can minimize emotional intervention.

[NathanJB]

What are some examples of when emotions mess up your trades?

Here is an experience that always repeats with my trades. I normally set a buy order so low to make sure that when a coin plunges deep, I can buy at the cheapest price. The ending most of the time is that my bid price will remain there at the bottom and will never be filled. The lines on the chart reverse already and I was left not able to buy anything.

[el kaka22]

A friend of mine bought gup, I don't know which coin is that to be honest with you but the short code of it is "gup", he realized that would be going up soon because the team was good and they were actually working on the product and he said "many ICO's are done where owners just take the money and leave" so he wanted to get involved with a coin that actually worked on. That is the background of the story, now he had that coin in one exchange, don't remember which one so lets call it xchange and it was listed on another one and lets call it ychange.

The price of gup changed 400% in ychange but all his gup was in xchange so he got really hyped and excited and super pumped about it and sent all his gup to ychange instead, he even bought as much gup as he can from cheap xchange and then sent it to ychange. As you might imagine the money didn't transferred that quickly and dude was basically in debt by the time he received the money and the pump was dumped.

[voltesbit777]

What are some examples of when emotions mess up your trades?

Emotions always came for a traders if the market especially was in stage of decreasing value. Then, worrying when the price goes down quickly also if you want to have a quick profit it is part of it too. If We are always in a hurry to get rich in trading this will give us upset in the end and regret also.

[Bezobraznike]

What are some examples of when emotions mess up your trades?

Emotions always came for a traders if the market especially was in stage of decreasing value. Then, worrying when the price goes down quickly also if you want to have a quick profit it is part of it too. If We are always in a hurry to get rich in trading this will give us upset in the end and regret also.

   Holders face with same problems! Emotions can overwhelm us, and we will make a wrong move what ever we are doing. The price dropping is usually
the trigger for most of the people, it`s the moments when most of us make mistake.
   What helps is setting up a goal and not selling before you reach that goal, whatever happens. Be ready to wait and sink with it if you have too, but don`t
quit your goals.

[Apaxy]

first of all you never need to hurry and draw hasty conclusions.  I have repeatedly deceived myself and sold coins at low prices, because I considered this opportunity to be the final offer.

[Mpamaegbu]

Believe or not, I start trading after I knew cryptocurrency.
I knew about stock trading but never interest until I made some profit from crypto especially on bitcoin.

It's was amazing !
I keep learning about TA and FA so I can go advance

How would you grade your crypto trading experience in 2018. Would you also say it was profitable or worth it? I bet everyone had a nasty experience during that year. Again, most people just buy and hodl Bitcoin and then resell when price goes up but not to the day to day trading. They hodl Bitcoin because it's the surest profitable coin to buy, no matter what happens. Even if Trump FUDS, it will definitely pick up back.

[Nellayar]

What are some examples of when emotions mess up your trades?

Fear and Greediness! The main reason why I initially buy and sell cryptocurrency. I thought I could be millionaire in only a day. But when I had my mistakes, I've learned that trading needs time and strategies. That is why, I gradually learn to manage this emotions. However, it is not all time that I control my emotion. So, there are still trades that fear and greed covers me.

[semobo]

What are some examples of when emotions mess up your trades?

emotional trading I am not in your hand because when you are trading you will go with some intention that is the emotional today but in normal trading you have don't worry about the results of an emotional trading you will definitely worry about the results