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Author Topic: Do you trade based on your emotions?  (Read 927 times)
TheShininglight (OP)
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October 10, 2017, 04:14:26 AM
 #1

Neural network & blockchain-based technology that eliminates emotional influences to increase revenue for day traders.
+ we have patent application!
[ ICO Athena - http://athenacoin.io ]
lovesybitz
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October 10, 2017, 04:57:38 AM
 #2

Neural network & blockchain-based technology that eliminates emotional influences to increase revenue for day traders.
+ we have patent application!
[ ICO Athena - http://athenacoin.io ]
OF course not, I do trade base in the movement of value in the market place, then I always check the buy wall and sell wall. So that I know the update situation of the altcoins too. Even the team in the token I checked if they are actively updating their community too.
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October 10, 2017, 05:11:45 AM
 #3

One of the reasons that makes us lose money but if you are not a bot, even if you are a group of professional traders, you can't trade with zero emotion.

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October 10, 2017, 05:49:54 AM
 #4

in one way: of course not.... but in deed... of course yes (when you touch your own "disappointing point":

it's 4 years that i trade cryptocoins... and i can say that i have my own method during with i am "cold" on pump and dump or during bloody days.... but from time to time... whey you see that your theory and interpretation of events aroud a coin are so different from the reactions of the comunity... or you feel a lonely stupid..and  you admit that you are wrong.. or you consider yourself  right but in a wrong timing so.. you let yourself to be corrupted and involved on emotions. it would be the time of disconnect yourself from trading... but its not always easy.....

thats why i did lot of mystakes many many times... even if i consider myself methodic in general and cold on trading....
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October 10, 2017, 06:00:19 AM
 #5

Neural network & blockchain-based technology that eliminates emotional influences to increase revenue for day traders.
+ we have patent application!
[ ICO Athena - http://athenacoin.io ]
Nope, the brain should become the main actors in the trade activity, i understand if you are saying that about AI to replace your emosional but sometimes that will have used to take or determined the urgent decision.

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angelex
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October 10, 2017, 06:20:37 AM
 #6

Do you trade based on your emotions?
Emotion-based trading is definitely a dead end unless you have a 100% intuition. The price of cryptocurrencies is so extremely volatile with such dramatic price fluctuations that it can cause panic and fatal strategic errors. Of course, it's impossible to get rid of all emotions completely, but they should be minimized. I personally try to rely on the available information about the current marketplace situation and analytical skills.
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October 10, 2017, 06:34:36 AM
 #7

Neural network & blockchain-based technology that eliminates emotional influences to increase revenue for day traders.
+ we have patent application!
[ ICO Athena - http://athenacoin.io ]


Of course i do! If you do not have emotions when trading. You aren’t human. The things that separates a good trader to a bd trader are great knowledge, great experience and great control of emotions. But not no emotions. Emotions drives us and fuels our desires to continue trading. No bot is better than a human being. Bots will always lack something. Which is humiliating for a bot,m. Whereas in humans, mistakes are common and can be improved with experience over time.

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Lord casanova
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October 10, 2017, 06:39:02 AM
 #8

nope.. always trade with brain and see market tactics. there are people who first pump and then coins so you need to be smart in crypto world
anzach87
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October 10, 2017, 06:49:55 AM
 #9

not at all  emotions can make you loose a lot of money:) and take bad decisions
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October 10, 2017, 06:54:07 AM
 #10

Trading with emotion is a mistake. Its incredibly difficult to do however.

Decide whether you are an investor or a trader.

Investors invest with emotion.

Traders, if they are to be successful, must trade without emotion.
hgmarral
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October 10, 2017, 06:54:41 AM
 #11

Impossible to trade without emotion. It goes against human nature. You can only try your best to manage it.
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October 10, 2017, 06:56:41 AM
 #12

Trading with emotion is a mistake. Its incredibly difficult to do however.

Decide whether you are an investor or a trader.

Investors invest with emotion.

Traders, if they are to be successful, must trade without emotion.
I am more of an investor but I trade once in a while. I just cannot help to be impatient if the price goes down and my trade is not called yet. But anyway, I am learning that's a fact of life.
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October 10, 2017, 07:01:54 AM
 #13

yes, emotions are also effect. But only emotion can not decide trading. trade depends on market demand, share holders involvement. market sentiments depends on the different factor like, good or bad news, international policies, buyer/seller. all these factor decided trade. now a day many software are available for trade advise. 
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October 10, 2017, 07:03:06 AM
 #14

If you trade with emotions all bots will eat your salary very fast.
Forget your emotions trade like a bot to profit
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October 10, 2017, 07:12:31 AM
 #15

You should not decide based on your emotions. It is very important to use you brain in trading industry. It requires analyzing the situation. If you will just trade because you you want to, there is a big chances that you would fail and might lose your investment. So think before you trade. Think seven times and be wise.
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October 10, 2017, 07:26:11 AM
 #16

This is why bitcoin and other alt coins made my emotions stronger. Before I used to trade base on my emotion and like when seeing the price of that alt coin or bitcoin which I hold, I don't take time to do another analysis and instead, I keep on selling my stash that leads me to cut my losses and after that it is making me regret at the end because it never get dumped again and it is starting to increase after selling. And that's what I learned, don't depend on your emotion.

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October 10, 2017, 07:27:43 AM
 #17

when I have started to trading first year it was complete catastrophe because I was so emotional, getting angry, scared etc. and those days caused me to lose a lot of money that I hardly made it back after that. my advice for beginners, if you think you are not ready psychologically, give it a bit time and come back later.

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October 10, 2017, 07:59:45 AM
 #18

It is strictly forbidden to trade on emotions. Professional traders are always trying to abstract their own emotions and trade with steady hand.

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October 10, 2017, 08:05:42 AM
 #19

I trade with emotion over the past years that made me very hurt
Trading need exprienced and choice the right assets, sometime I cut loss with emotional and made a right decision.
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October 10, 2017, 08:10:07 AM
 #20

Neural network & blockchain-based technology that eliminates emotional influences to increase revenue for day traders.
+ we have patent application!
[ ICO Athena - http://athenacoin.io ]

Are you a shill/paid FUD poster of athenacoin? The topic title is something and the OP is too scarce to explain how that links to athenacoin. I myself have read the ANN of athenacoin and understood how "neural blockchain" is associated with that but why post it like this?

If you ask me, one should never trade or do anything associated with risk based on their emotions. Emotions have the bad habit of blocking the normal logical thinking and reasoning and may force you to take decisions which are outright stubborn. These decisions will most likely have bad effects in future and thus controlling them is a must.

However I must say, this does not mean I will invest in athenacoin. Period

 
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