Do you trade based on your emotions?

[orbitlense]

Practice shows that if you're not experienced, your first steps on the market could be calculated and logical, as you try not to risk in the beginning, but the reactions to unexpected changes are always emotional, leading most often to losses. Therefore, it's true that the main thing is not to raise rates, until the experience is enough and you get the right feeling.

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[rainbow169]

I have to say yes, I have been holding on to a crypto while it's losing 90% of its value. Should I have sticked to my plan I would have sold it long time ago. Since I really like the project, too much emotion has been put into investment decisions.

[EcoChavCrypto]

nope, trading based on emotions is the worst thing you can do if you are managing a big amount of money in your trades, you can easily lost everything if you make a wrong play just because you were afraid of the next movements, it usually happens, that is why all the newbies lost their funds fast, because they are controlled by their emotions.
So dont pay attention to them, and keep trading, you will see that you will earn a lot of money.

[Ch1bi]

I have traded coins using my emotions, and it never really ended well. Sometimes when the price of a coin is going up I would try to jump on the bandwagon to make a quick profit. However, the price would always crash from holding the coin too long. Now I learned my lesson to be patient, and never buy into a pump because the price will surely tank afterwards.

[Ging]

yes emotions are there in the process in fact emotions effect almost every decision we make in life . yet sometimes it may fail you. i think good knowledge and experience about alt coins will help making the wright decision.

[abcd7]

emotion is terms of business most of the times has bad results so am trying to avoid trade based on my emotion:)

[BrownWolf212]

I try to trade without emotion - clearly following the trade plan that I have chosen for myself.  But like any novice in this business, it is not always possible to follow the plan without errors.  It is very difficult sometimes to overcome emotions and sometimes they take over

[Republicofizmir]

We can't trust it, but feelings say 'need to be trusted'

[kafeelniazi]

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.

emotions are involved but its you duty to control them,
some times emotions are the reason behind your success in trading and some time it become reason for losing. In most of the cases emotions involve in losing. the bad thing is there is no anti-emotion equipment in the market that is used to take away our emotions during trading, the only equipment is you.

[anasso]

each time i trade with my emotions i regret and i lose money!

last time i buyed iota when he get listed on binance. since iota losed 20 cents 

[FruitsBasket]

emotion is terms of business most of the times has bad results so am trying to avoid trade based on my emotion:)

There is no such kind of trade in which emotions are not involved. The only thing that matters is how you control your emotions while trading. Relax your mind and face every loss in term of new lesson that might help you to control your emotions. Like losing with gambling, don't bet more and more funds, just turn off that computer or block those sites which make u lose money.  To get on topic again, the best way is to hold your tokens even when the market is bearish, eventually the price will increase again and u will have a chance to get out with profit instead of loss. Always remember when u don't sell, u don't have profit or loss.

[Bustart]

No, I trade based on survey and analysis results in some markets including electronic and internet media for consideration.

Because if based on emotion, we will experience a lot of money loss can even destroy the trade business that we pioneered.

you are right with out survey no one can achieve their goals. and bitcoin user goal is profit if you want profit and invest money in any altcoin you should be confidently go for survey and see their history and look for their future thats in which position that can be valuable than you should invest you money . and as you say emotional. emotional can destroy all your money.

Sometimes waiting for right entry is part of business. Productivity can be extremely helpful when starting to trade. If you are business searching, you must analyzed and understand it very carefully. If you failed then never to used emotions. It is not gonna be helpful. Perhaps, learn how to control your emotions by solid trading plan and by keeping yourself productive.

[geac.xraekhurcoe]

There is no such a thing as trade without emotions, we are not Vulcans http://memory-alpha.wikia.com/wiki/Vulcan so there is always emotions on your decisions. For bot's Stock Markets are using it for more than 15 years already and almost no bot can survive on all markets. Despite all the evolution on Artificial Intelligence, humans wins a lot more than bots with current tech. But for Long Biased markets like Bitcoin market there is winning strategies for bots, but humans are also effective on this market just by HODLing !!

[Zakhal]

I try to suppress all emotions when trading. Profit is the only thing that matters. Of course with slim margin there can be exceptions.

[ItsEzMkay]

That is probably the single handed worst mistake you can make as a trader or investor. Doing that will make it so that you wont last longer than a year in crypto. Hell just these two forks in the last few months alone might

made you go crazy to lose most of the money you have. Crypto is not for everything, crypto is not for the fainthearted.

[CasualSam]

I try not to but sometimes it just can't be helped.

[btcjocan]

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.

You're right. Trading should not be based on the emotions because our heart is a deceiver. What we feel is not what will really happen. So, it's not good to trade just because you feel like trading without thinking about the outcome of your decision.

[tsaroz]

I try not to but sometimes it just can't be helped.

Exactly the same with me. I try my hard not to emotionally make a call. But I just can't resist my temptation and the result are mostly a loss.

[Sirait]

^ even though we've done observations and reading trends, we can also guess we miss and we lose at the time of trading. and we can also very much obey our hearts, feelings, and emotions when about to sell and buy, but we still lose. it seems there must be a balance between logic and emotion when we do buy and sell at the time of trading.

[PANK21]

Trading is the most used process for earning money online . Traders must be patient in order to attain and earn the high value of the coins they will trade . For me as a trader , i trade not based on the emotion but based on the price of the coin in the market. If you first fall in your emotion rather than thinking smart choices, the trade will be inefficient and not that high because of the hasty decisions that brought your emotions .