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Author Topic: how control my emotion??  (Read 8163 times)
BabyBoss
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October 27, 2017, 08:41:30 AM
 #61

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Still keep holding it, don't try to sell it because you will regret soon. Remember that in the world of trading you need to face the reality that there is dump status of coins and a pump status of coins.
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Rana590
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October 27, 2017, 08:54:22 AM
 #62

Trading is not for all person who don't know the basic rules of it. Before joining in trading you should follow many things like marketcap, supply, demand, price of stable coin etc. Hoping on big profit is a cause of lost money.
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October 27, 2017, 09:54:09 AM
 #63

Trading is not for all person who don't know the basic rules of it. Before joining in trading you should follow many things like marketcap, supply, demand, price of stable coin etc. Hoping on big profit is a cause of lost money.
That's basic, you need to understand all the terminologies and where to get the information to analyze the coins you are trading.
Everything can be read online and it could be the basis of our decision making, if you are lazy reading to update yourself, you won't succeed in trading as although it's just a guessing game but it's an educated guess.

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October 27, 2017, 12:43:50 PM
 #64

Maybe yoga have any sense in emotions controlling, I havenot practice it yet. For me it is sport that is really helpful in battle with the stress. It is difficult, of course, to do sport when you are sitting at the computer. But there is no other way like making some intensive physical exercises: push-ups, pull-ups.
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October 27, 2017, 01:44:25 PM
 #65

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

Just loose your private key  Smiley

Best strategy since 2011 lol

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October 27, 2017, 03:41:29 PM
 #66

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
Think about what you can do if you do not keep yourself in hand, especially if you can harm your family!
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October 27, 2017, 04:01:20 PM
 #67

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

Just loose your private key  Smiley

Best strategy since 2011 lol

Lol. That's an extreme measure already. Just try to be patient with it dude. Your emotions would always be there whether you like it or not. You can't suppress it, you juat have to react calmly so your mind is clear when the time comes for making decisions again

 
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October 27, 2017, 04:58:31 PM
 #68

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry


you literally walk away from the computer and dont look at this. This is when you need to either sell at the top to manage your losses but at this point, the losses are too high so you need to be patient and wait for the next wave. Dont keep looking.
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October 27, 2017, 05:16:04 PM
 #69

A very interesting question, many traders when dealing with this problem, I think you simply have to trade demo several times, or trade with smaller amounts, calm down in each decision.
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October 27, 2017, 05:18:34 PM
 #70

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry


you literally walk away from the computer and dont look at this. This is when you need to either sell at the top to manage your losses but at this point, the losses are too high so you need to be patient and wait for the next wave. Dont keep looking.
An interesting idea, I have not tried it yet, when I lose I try to look for orders to remove the lost money, and that often causes me to lose more money.
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October 27, 2017, 05:46:12 PM
 #71

Trading is not for all person who don't know the basic rules of it. Before joining in trading you should follow many things like marketcap, supply, demand, price of stable coin etc. Hoping on big profit is a cause of lost money.
this really giving me an insight in what to learn first before investing am a type of a person whos really keeps on trying and risking my money so I guess
without proper knowledge I will possibly loses my investment so better to know this things first.
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October 27, 2017, 11:24:22 PM
 #72

Maybe yoga have any sense in emotions controlling, I havenot practice it yet. For me it is sport that is really helpful in battle with the stress. It is difficult, of course, to do sport when you are sitting at the computer. But there is no other way like making some intensive physical exercises: push-ups, pull-ups.
Yoga has very important role for centuries in releasing stress and making you stay fit. Yoga is one of the best therapies of releasing your negative energy, basically stress is all negative energy and what you need is simply to remove that energy through some proper channel. Yoga [provides you with that channel and same is the case of sports. In sports you release negative energy in the form of physical stress.
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October 27, 2017, 11:48:30 PM
 #73

Averaging may help you to cope up with your losses. You just need to buy again same coin at lower price. Sometimes you need to make a brave decision to avoid big loss than waiting to your coins to pump up again to its original price. This stategy will help you lessen your worries.
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October 27, 2017, 11:53:26 PM
 #74

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry
you should practice self disipline , the moment you but an altcoin profit is what is in your mind right ? if you sell your coins right now would you think you could get profit ? obviously no ! so the best advice I can give you is dont ever sell if you are not gaining profit jusy Hold it it will never be always down surely it's value will rise just wait for it

The problem with altcoins is a few thousand dollars can literally change the entire market. If you invest too much, a single dumper could ruin everything for you. Look at what happened with eBTC recently. Someone dumped like mad and the price crashed ~80% within an hour.
When you are earning money while doing exactly nothing then it is very difficult to control your emotions. And the other role is opposite. I mean when you are losing after hard work and so much struggle then controlling your emotions is very difficult. Emotions are the thing which is very sensible and when you see any unexpected happenings in your life you will not be able to control them.
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October 28, 2017, 12:39:53 AM
 #75

I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ? Cry Cry

We can not control our emotions, because we are human beings. Although emotion is the decisive factor for success, sometimes assertiveness results. Emotion is only temporary, do not let it affect our work.
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October 28, 2017, 05:13:45 AM
 #76

I suggest when doing trading, do not rely on your emotions. There are so many news about the forecast of Bitcoin. You just need to think on where to place or what is your strategy. If you experiencing loss, you only need is to hold for now and be patient waiting for the price gets higher. For now, just place your other funds to Bitcoin or other crypto with good performance.
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October 28, 2017, 05:48:00 AM
 #77

Emotional control is with you. Knowing when to cry, know what's going on around. And of course trading as well is the emotions that come out and if you know why this is happening you will definitely know what you will do. In other words If you know what's going on in the market you know how to resolve it.
That is the actual point of the story. Look, when you do trading there are many reasonscoming along the path where you will be confused what to do next. And that time will be crucial enough to make you panic and sad. And in this panic situation your mind just get off, you will be facing loss now. So it is all up to you, you can control emotions. You just need to implement and be wise.

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October 28, 2017, 06:02:17 AM
 #78

I suggest when doing trading, do not rely on your emotions. There are so many news about the forecast of Bitcoin. You just need to think on where to place or what is your strategy. If you experiencing loss, you only need is to hold for now and be patient waiting for the price gets higher. For now, just place your other funds to Bitcoin or other crypto with good performance.


Its hard though. Its natural for our emotions  to be affected by the circumstances that we're in at the moment. It will eventually show especially if there's pressure on us to land a good trade. I agree that if you're the type that's having trouble with controlling emotions, best to hild bitcoins or, if you really want it, just leave a buy or sell order then get out of the exchanhe site

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October 28, 2017, 06:09:37 AM
 #79

The moment you pitched into trading, you should be prepared enough to face losses and profits. If you are seeing the trend of shares you invested and its going in loss, better to stop now. Sit on a cooler period now. Analise the current growth in the market. Then have enough money to invest and gain profit.
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October 28, 2017, 06:15:02 AM
 #80

A very interesting question, many traders when dealing with this problem, I think you simply have to trade demo several times, or trade with smaller amounts, calm down in each decision.

But even after demo when you enter the real trading with your hard earned money your emotions will always come in and your heartbeat will go up and down as the rates move up or downside. Thus one of the thing is that you should always invest only whatever you can afford to lose and secondly invest in the best coins where even down today, but in coming time it can rise which will make you feel better.

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