rxthree
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March 09, 2018, 02:24:57 PM |
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I never let my emotions get the best out of me when it comes to my investment because I'm sure that I'll regret it big time later after everything's done and after I have lost money on what I'm doing. Also, if you want to get big money out of something you need to have balls and nerves of steel before proceeding into any plans of yours.
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rxtwo
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March 09, 2018, 02:42:34 PM |
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You stick to your trading plans no matter what happen. If you have a good foundation of your technical analysis and you have researched well enough on your trades, you will be more confident even if the price moves against your trades. It will take a lot of practice to control your emotions but you will be able to control it if you always try. And the fastest way to achieve that is if you are confident with your trades.
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GeniusAko
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March 09, 2018, 02:46:15 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?
We can easily control our emotions if we are always stay focus and calm to our goals. We can make bad decisions if we can't control our emotions. Emotions can be condiser as one of the factors why many traders are losing their money.
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EinWert
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March 09, 2018, 02:57:12 PM |
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Basically I try to stay calm no matter what, if I win I try to not make a huge fuss about it I just accept it and move on, I’m very good at this sometimes I can be up for a huge margin and my friends come up and say something like, how much have you lost? When they discover I’m actually up they cannot believe why I’m so calm.
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--DarkSecrets--
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March 09, 2018, 03:02:49 PM |
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You stick to your trading plans no matter what happen. If you have a good foundation of your technical analysis and you have researched well enough on your trades, you will be more confident even if the price moves against your trades. It will take a lot of practice to control your emotions but you will be able to control it if you always try. And the fastest way to achieve that is if you are confident with your trades.
Its for sure that confidence is the key of hodling or having a patience. A sudden drop in price and your confidence of the upcoming months or years in the coin you bought will bring a good foundation towards a good handlinh or managing of your emotions. What am i doing in this crashes is just keep on learning and reading of any coins fundamental that can be a good choice to invest.
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Zadicar
Legendary
Offline
Activity: 1470
Merit: 1025
DGbet.fun - Crypto Sportsbook
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March 09, 2018, 03:07:47 PM |
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You stick to your trading plans no matter what happen. If you have a good foundation of your technical analysis and you have researched well enough on your trades, you will be more confident even if the price moves against your trades. It will take a lot of practice to control your emotions but you will be able to control it if you always try. And the fastest way to achieve that is if you are confident with your trades.
Its for sure that confidence is the key of hodling or having a patience. A sudden drop in price and your confidence of the upcoming months or years in the coin you bought will bring a good foundation towards a good handlinh or managing of your emotions. What am i doing in this crashes is just keep on learning and reading of any coins fundamental that can be a good choice to invest. If you are just new into this very volatile market then you would really need to toughen yourself in regard to price movements.You will really see decline of prices that you cant really comprehend once you do see that prices are all reds and do almost dips down which really result in panic.Managing your self into these kind of situation is very crucial.You might not get it on first few tried but sooner or later you will able to handle it out once you do gain experience.
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miang
Member
Offline
Activity: 196
Merit: 16
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March 09, 2018, 03:25:21 PM |
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If you aren't calm and can't analyze that your every trade has risk of loss, you can't be a good trader. Realize that nothing happenes in minutes and every loss has chanse of profit after some time, keep calm and feel yourself as good as you are when you get profit. If you won't do those steps, your bad emotions can cause lost of money.
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sensimilia
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March 09, 2018, 03:39:08 PM |
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Just fix my loose if it down for 10% like i make manually stop loss and all my emotions stopping , if i did not make that i will nervous and will in deep emotions everyday because or hard volatility and will be checking my blockfolio every 5 minutes what i don't like so much
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ButtCrack
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March 10, 2018, 06:38:26 PM |
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You stick to your trading plans no matter what happen. If you have a good foundation of your technical analysis and you have researched well enough on your trades, you will be more confident even if the price moves against your trades. It will take a lot of practice to control your emotions but you will be able to control it if you always try. And the fastest way to achieve that is if you are confident with your trades.
Its for sure that confidence is the key of hodling or having a patience. A sudden drop in price and your confidence of the upcoming months or years in the coin you bought will bring a good foundation towards a good handlinh or managing of your emotions. What am i doing in this crashes is just keep on learning and reading of any coins fundamental that can be a good choice to invest. If you are just new into this very volatile market then you would really need to toughen yourself in regard to price movements.You will really see decline of prices that you cant really comprehend once you do see that prices are all reds and do almost dips down which really result in panic.Managing your self into these kind of situation is very crucial.You might not get it on first few tried but sooner or later you will able to handle it out once you do gain experience. Do not let the volatility of cryptocurrency price make you be panic. In the past, when I just getting started into this market, I am also experienced many times panic by the price of cryptocurrency changed too fast. However, just after a long time trade in this market, I feel this fluctuation is very normal.
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Apaxy
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March 10, 2018, 08:07:35 PM |
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If you aren't calm and can't analyze that your every trade has risk of loss, you can't be a good trader. Realize that nothing happenes in minutes and every loss has chanse of profit after some time, keep calm and feel yourself as good as you are when you get profit. If you won't do those steps, your bad emotions can cause lost of money.
I think that everyone knows the rules that you can not do any work in a bad mood. Especially if it's related to finances. I know for myself that even if someone in a life spoils the mood, then I also do not start anything or do not continue my work. Here it suffers the quality of my work.
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hridoyb
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March 10, 2018, 08:50:46 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?
Its really important to keep your own emotion under control otherwise you lost your asset .Most of the people cannot control emotion , when market down thry sell her crypto asset without thinking and than upset for this.Now i am try to control my emotion and i have target price any token and when i get my target otherwise i am hold my asset any safety place
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miyong
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March 10, 2018, 08:55:07 PM |
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Most of the time, i cannot handle my emotions very well, i cannot keep it specially when I'm agry. But i keep my patience with me, to keep my respect towars somebody even if i am not in a good mood.
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Coin12
Full Member
Offline
Activity: 238
Merit: 102
1st of May
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March 10, 2018, 09:09:03 PM |
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I manage my emotions by talking to my self alone when I feel relaxed. Asking myself if what I have done is wrong or right. After talking to myself, I will realize what should I have done and what shouldn't be done.
Well, what's important is we can calm down ourselves, we have different ways in managing our own emotion since if we cannot manage it right it will make us lose a lot of money because we will be aggressive in trading without employing the proper strategy that we have plan beforehand. That's what I'm trying to do while doing stressfull trades on the screen. I sometimes lose the control and can't control my emotions. They cause some mistakes and they become the reasons of the mistakes. Mistake and emotion have very high contract relation. For example, if we dont plan our trade before jump into the market, we will make a mistake which can lead emotion and after emotion, another mistake is waiting for us. Sometime because waiting so long in front of screen can make us more emotion amd it can lead mistake. Prefer to program everything before jump into the market can reduce the risk of emotion.
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Jdavid05
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March 11, 2018, 12:11:41 AM |
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I cant manage my emotion once I started trading with my $600 and I see its not pumping and its stays to $600 so I plan to gamble and win the $600 is now $1000 then I withdraw it on trading again then I bough ADA then ADA dumps and now I only have $800 so I gambling again then I loss all
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M1nd1nvest
Newbie
Offline
Activity: 30
Merit: 0
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March 11, 2018, 12:12:46 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?
Is it my biggest problem in life, I cannot manage it, at least while trying to do the things that will give me income in long term.
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alendel0n7
Jr. Member
Offline
Activity: 392
Merit: 1
🔰FERRUM NETWORK🔰
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March 11, 2018, 12:19:38 AM |
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I was lucky, I played poker for a long time, so I easily tolerate the fluctuations of my bankroll. Be ready to always part with your money, otherwise your trading will be very limited. At the same time, I do not call for gambling in trading, it is necessary to act according to bankroll management, just do not need to perceive money as money, take it as an instrument and it will become easier for you
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⚪️⚪️⚪️⚪️⚪️⚪️⚪️⚪️⚪️ Ferrum Network • High-Speed Interoperability Network for Financial Applications 📀📀📀📀📀📀📀📀📀 https://ferrum.network
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Happiest
Member
Offline
Activity: 207
Merit: 22
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March 11, 2018, 12:27:14 AM |
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Most times, I do end up with low income as you stated and it really quute devastating, knowing fully well that it was my greedy actions that actually caused the loss. The main thing is; in as much as I try to not to let my emotions get through me, it usually ends up doing so. And its quite painful. But all the same, I take every bitcoin design a d action as part of a normal business risk. After all, I knew about the risk before embarking on it.
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apityeh71
Member
Offline
Activity: 476
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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March 11, 2018, 02:34:02 AM |
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Dont be greedy is good way to manage emotions and should has minimum target for take profit in a month, lets say 50% amonth, so when you get this amount, just take rest while and thinking twice to entry in the market, dont just enter without any analysis, because when you floating minus in next month you will waste your times in 2 month.
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jhongzjhong
Full Member
Offline
Activity: 798
Merit: 109
https://bmy.guide
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March 11, 2018, 02:52:15 AM |
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Dont be greedy is good way to manage emotions and should has minimum target for take profit in a month, lets say 50% amonth, so when you get this amount, just take rest while and thinking twice to entry in the market, dont just enter without any analysis, because when you floating minus in next month you will waste your times in 2 month.
Greediness of people I think is normal but you need to control that because it might be that brings you nothing when you let your emotion controlled you. Patience is a must in trading so you could wait for the perfect timing when yo sell your holding coins at the right time when you profit was there. Never act as a panic seller just wait for better profit that you expected.
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maxiipus
Newbie
Offline
Activity: 18
Merit: 0
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March 11, 2018, 03:00:52 AM |
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Most times, I do end up with low income as you stated and it really quute devastating, knowing fully well that it was my greedy actions that actually caused the loss. The main thing is; in as much as I try to not to let my emotions get through me, it usually ends up doing so. And its quite painful. But all the same, I take every bitcoin design a d action as part of a normal business risk. After all, I knew about the risk before embarking on it.
it all start with your greed. every one will always want to gain huge income or profits. and when we talk about how to earn money and not losing money from this business, i believe that the way to control our emotion best is by setting a target that we need to follow every time we trade, so every time you you enter the market you need to set the amount of capital you are going to invest and remember never go all in. manage your risk well. and when you gain some profits, remember to set a certain target to win. maybe 25 or 30 % profits then you go for profit taking.
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