waynechong1995
Full Member
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Activity: 644
Merit: 117
swing!
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July 26, 2017, 04:42:52 AM |
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Trust your own decision and never stop researching until you truly believe what would happen to your portfolio, this applies when you are putting orders sometimes you just too eager to get them or sell which can significantly damage your position (Sell too low or buy too high).
Try to believe with your judgement and even though it wasn't true every time, you had the experience.
As for emotion i rather keep myself away from those statistics or real time data when I felt myself are getting too attached with the prices. Play games or watch movies mayb
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Maslate
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July 26, 2017, 04:56:27 AM |
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Emotion is the important part for human beings. Everybody should control their emotion. There is no specific way to manage my emotion . Sometime i mange my emotion walking alone my flower garden. Sometimes stop taking to anyone. Sometimes writing something.
With the help of nature anyone can manage their emotion easily.
We should but sometimes we can't, we are scared of losing but we love to try and there is a problem inside us with that kind of thinking. Trading never guarantees easy money despite the fact that people are saying they are successful in trading, let's face the reality that every trader needs to accept the risk and only put the money they can afford to lose.
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arpon11
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July 26, 2017, 06:57:37 AM |
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It means you have not developed your skills to trade professionally and you are not putting trading money management principle in place. Most professional traders has eliminate emotions by treating loses during trading as part of trade and their do trade with by putting strong principle on the table.
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shata
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July 26, 2017, 07:09:52 AM |
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Greetings!
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
to avoid panic selling i think you must be confident with what you are trading studying your coin market, knowing the update and getting in touch with the developer and its community would give you enough assurance and make a goos decision to your trade
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matchi2011
Sr. Member
Offline
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
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July 26, 2017, 10:42:24 AM |
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Greetings!
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
to avoid panic selling i think you must be confident with what you are trading studying your coin market, knowing the update and getting in touch with the developer and its community would give you enough assurance and make a goos decision to your trade If you're a newbie trader, it can't be helped. You will panic and you will mosy likely sell at the wrong time and you will lose money. The important thing is that you don't get disheartened and don't make decisions while you're emotionally charged. Let it pass for a while. Give yourself time to recover and then try again.
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ShadowBits
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July 26, 2017, 12:17:34 PM |
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Greetings!
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
to avoid panic selling i think you must be confident with what you are trading studying your coin market, knowing the update and getting in touch with the developer and its community would give you enough assurance and make a goos decision to your trade If you're a newbie trader, it can't be helped. You will panic and you will mosy likely sell at the wrong time and you will lose money. The important thing is that you don't get disheartened and don't make decisions while you're emotionally charged. Let it pass for a while. Give yourself time to recover and then try again. i agree. trading is not for the weak hearts and wants instant easy profit if you are just a beginner in trading condition yourself in this mindset in trading sometimes you win sometimes you lose if you trade with your emotions, you will lose
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masterwakokok7
Member
Offline
Activity: 112
Merit: 10
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July 26, 2017, 02:37:16 PM |
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Greetings!
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
Like you, I used to have a panic attack before. Though, as time goes by we learn from our mistakes. I normally let my emotions out of the picture, Since I would really affect my strategy in trading. I did made mistakes from the past because of my emotions and I wanted to set my path straight. So I plan ahead and stick with it.
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javeed1
Newbie
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Activity: 24
Merit: 0
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July 26, 2017, 03:10:49 PM |
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First Don't react right away immediately. Ask for Divine guidance, it's filter our bad emotions we must replace our thoughts to other things. Forgive our emotions if the best way to manage our emotions.
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Ronaldcoin2017
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July 26, 2017, 06:18:18 PM |
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First Don't react right away immediately. Ask for Divine guidance, it's filter our bad emotions we must replace our thoughts to other things. Forgive our emotions if the best way to manage our emotions. yes i agree.you are the driver of your life.even your emotion it can be driven by you.simple thing to do to controlled an emotion or a hurt feeling is thinking a lot of goodthings .think about tommorow if you are lost today then just continue .just keep thinking that there is always a tommorow.by then you can think that if you are loss today you cant be an emotional .maybe you can make that tbing tommorow just wait for the another pages of your story..
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justdimin
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July 26, 2017, 07:05:31 PM |
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patience is a virtue but time is gold. What I mean by this is that it pays to be patient but it is also a good thing to watch the market trend and act accordingly because time is gold.
I agree with you patience is a good virtue and the time is gold. But when trading, all decisive are depending on how the situation takes place, can't rigid rules trading. Sometimes, patience will best choice for the market have FOMO but other time patience will make we miss opportunity to become rich! As your tell the time is gold. I will second your thought. Patience is really a rare commodity and only few own this and as far as time is concerned, we all know that it is the most precious thing in the world. You can do trading only if you have time and know well about time management. In trading, patience is great but excess of anything is not good. Patience should be exhibited when prices are low and should be given up when the bitcoins are reaching your desired value. Greed should also be avoided.
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Lansky
Newbie
Offline
Activity: 13
Merit: 0
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July 30, 2017, 09:59:15 AM |
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Greetings!
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
Do not keep staring at your screen all the day. It's better not to monitor every price movement, watching and watching the chart all day long. Be patient and check overall market situation at regular not frequent intervals. It's easy now to make Stop Loss/ Take Profit orders on virtually any market place, so you won't loose all your deposit at once. Personally I react only on large price variations. That keeps me from negative feelings and unnecessary anxiousness.
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flyingcat
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July 30, 2017, 10:21:20 AM |
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patience is a virtue but time is gold. What I mean by this is that it pays to be patient but it is also a good thing to watch the market trend and act accordingly because time is gold.
I agree with you patience is a good virtue and the time is gold. But when trading, all decisive are depending on how the situation takes place, can't rigid rules trading. Sometimes, patience will best choice for the market have FOMO but other time patience will make we miss opportunity to become rich! As your tell the time is gold. I will second your thought. Patience is really a rare commodity and only few own this and as far as time is concerned, we all know that it is the most precious thing in the world. You can do trading only if you have time and know well about time management. In trading, patience is great but excess of anything is not good. Patience should be exhibited when prices are low and should be given up when the bitcoins are reaching your desired value. Greed should also be avoided. Well, patience need have as the situation in current, don't keep your patience when the price of this coin reach to highest price and can selling for take profit. Because we all know not have crypto can increasing forever, need sometime correct price for buy again and continue old trend.
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Considered
Full Member
Offline
Activity: 504
Merit: 100
Powered by Artificial Intelligence & Human Experts
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July 30, 2017, 10:46:24 AM |
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I cant manage my emotions when i see red all over the place. If i wait too long, i feel like the negative will climb more. But now i dont guard my trades and just calm.
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L00n3y
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July 30, 2017, 10:00:02 PM |
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According to defination emotion is an instinctive or intuitive feeling as distinguished from reasoning or knowledge.This means that the emotion is something spontaneousness and based in our experienxe.Most of the times you can't choose how do you feel or to remove a special emotion, but you can control your reaction if you are experienced and mastered in practise.
Good point Mariahh! Our emotion is just right there, now our prime duty is to know how to control it for our benefits. This is especially true to soldiers in the battlefield - they feel fear and terror of the war and yet, they choose to fight on. Hence, just like soldiers, we can also control that fear and emotions towards our desired goal. We humans tend to go beyond limitations when we are out of options and still we are dying to continue even if we only have our own selves. Emotions and decisions and free will is the reason why humans reach this point, this is the reason why people succeed and on the other hand this is the reason also why we humans fails. Emotions is especial especially when we are using it in a good way.
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Zenithar
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July 30, 2017, 11:55:45 PM Last edit: July 31, 2017, 06:46:25 PM by Zenithar |
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According to defination emotion is an instinctive or intuitive feeling as distinguished from reasoning or knowledge.This means that the emotion is something spontaneousness and based in our experienxe.Most of the times you can't choose how do you feel or to remove a special emotion, but you can control your reaction if you are experienced and mastered in practise.
Good point Mariahh! Our emotion is just right there, now our prime duty is to know how to control it for our benefits. This is especially true to soldiers in the battlefield - they feel fear and terror of the war and yet, they choose to fight on. Hence, just like soldiers, we can also control that fear and emotions towards our desired goal. We humans tend to go beyond limitations when we are out of options and still we are dying to continue even if we only have our own selves. Emotions and decisions and free will is the reason why humans reach this point, this is the reason why people succeed and on the other hand this is the reason also why we humans fails. Emotions is especial especially when we are using it in a good way. in fact human are greedy by nature and they want eveything extra and unfortunately this greedyness give him a big lost. to me i personally some time lost my emotions and in sense to make more money, but for how many time i exceeded my gmabling limit it caused me a big lost, but in fae it is also natural to be greedy and to make more mony.
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finzyoj
Sr. Member
Offline
Activity: 644
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
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July 31, 2017, 03:31:07 PM |
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Greetings!
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
If my speculation in trading is wrong, I always think that it is okay its enough, God's has plan, if this opportunity is not mine I think more blessing will come, there's allot of opportunity. Sometimes my first reaction is "shit I lost some profit" if I wait more time, maybe I get that profit or sometimes I'm disappointed with my strageties because I'm a person than if I get my payment from signature campaign I'm so greedy to trade in other coins so the reason low income and blaming myself because of greediness.
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Victorycoin
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August 01, 2017, 04:05:57 AM |
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It means you have not developed your skills to trade professionally and you are not putting trading money management principle in place. Most professional traders has eliminate emotions by treating loses during trading as part of trade and their do trade with by putting strong principle on the table.
Trading professionally simply means that a trader have a well defined trading plan and which he follows religiously, more or less like trading mechanically except that he is able to react to different market conditions, understanding the place for adjustment from time to time.
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TitanGEL
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August 01, 2017, 04:26:08 AM |
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Greetings!
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
If my speculation in trading is wrong, I always think that it is okay its enough, God's has plan, if this opportunity is not mine I think more blessing will come, there's allot of opportunity. Sometimes my first reaction is "shit I lost some profit" if I wait more time, maybe I get that profit or sometimes I'm disappointed with my strageties because I'm a person than if I get my payment from signature campaign I'm so greedy to trade in other coins so the reason low income and blaming myself because of greediness. I also saying to myself that God has planned for us. If I got low income for me it is okay because even though it is low I am happy because I gain a lot of knowledge. We need to control our emotions and feeling because we are a trader.
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nasipadang
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August 01, 2017, 04:33:22 AM |
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Greetings!
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
I have to calm down and do the things I like to improve my mood, there's still plenty of time other than to blame yourself maybe it can also be an experience to be a great trader
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que91
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August 01, 2017, 04:39:30 AM |
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It means you have not developed your skills to trade professionally and you are not putting trading money management principle in place. Most professional traders has eliminate emotions by treating loses during trading as part of trade and their do trade with by putting strong principle on the table.
Trading professionally simply means that a trader have a well defined trading plan and which he follows religiously, more or less like trading mechanically except that he is able to react to different market conditions, understanding the place for adjustment from time to time. And they can understand the mentality of trader on market, the different beween crypto market and other market as Forex or Stock is the price of crypto most depending mentality of trader, so if you can understand them, you can "control" the price as Whales and earning good profit every day.
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