Kimliyo0107
Newbie
Offline
Activity: 28
Merit: 0
|
|
November 19, 2017, 08:44:15 AM |
|
Trading is a risk. Just calm down. Just keep in mind that " Mistakes is part of learning process ".
|
|
|
|
streazight
|
|
November 19, 2017, 01:20:43 PM |
|
Just stay holding. You have to truat your coins. Stop creating negative thoughts rather think about positive future of that coin. Face the reality of dump and pump. Always take it easy and never think about selling it rather think to sell it in a very high price.
So sorry to burst your bubbles bro, but this does not work for all coins. Yes, being emotional is what anyone need when it comes to either HODLing or trading as you have to be ready to make any decision that is best for you and the best way comes from a lot of research on what you are holding. Surely, I understand that there are some coins that you do not need to be negative about, since you understand the risk and you know at some point, they will definitely rise. But in normal trading, there are some coins you should not even be comfortable to hold for too long before you end up regretting it.
|
|
|
|
BureauChef
|
|
November 19, 2017, 01:33:43 PM |
|
I am still learning how to control my emotions if trading, because I still can not control my emotions so I often misstep in making a decision to sell or buy, because only a few months I learned to trade in the market.
It's hard in trading, you get so excited during pump and dump times, and you open unnecessary positions on the exchaners. Then you start losing, and then you start getting panicked by the loss. At the end, you totally get out of control. I can't control my emotions.
|
|
|
|
emanbea1234
Newbie
Offline
Activity: 56
Merit: 0
|
|
November 19, 2017, 02:11:15 PM |
|
how you control emotion? simple you wait until pump again and sell , and be patiece all the time and accept defeat thats life sometimes win sometimes loss.
|
|
|
|
boyptc
|
|
November 19, 2017, 02:20:32 PM |
|
Go to vacations, have a life, that's the best way to support the famous gange
I love vacations and if someone can't afford to go on a vacation since he was burnt out with trading. He just have to stay away from his computer, uninstall all of his app on his IOS or android that's about trading, market analysis and especially the chart. This will help you to chill out for a while but it's hard to guarantee that you'll flee from it.
|
|
|
|
noory
Newbie
Offline
Activity: 44
Merit: 0
|
|
November 19, 2017, 02:22:43 PM |
|
I control my emotion by see original life struggle.. life is so hard.. here no place of emotion
|
|
|
|
BlockchainReserve
|
|
November 19, 2017, 02:34:41 PM |
|
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 ? Dont look! thats the best way, stop looking at price action, lock your coins away and come back in 3 years.
|
|
|
|
QlooQl
Full Member
Offline
Activity: 322
Merit: 122
Hello World!
|
|
November 19, 2017, 02:37:46 PM |
|
There should be a fear of losing your money. For the most part its impossible to truly value bitcoin so its hard to have the confidence you might if you were investing in a company or some bonds.
If you are a long-term investor it's easy to control your emotions, just don't check the value of your holdings every day.
|
|
|
|
Hypnosis00
|
|
November 19, 2017, 02:52:36 PM |
|
If you want to control your emotion then you should know what are the things that you want to reach in the future and that will give you motivation to make a plan for the future and you will be focusing on those plans that you will be made and that is how you can control your emotion because you know what you want and you know what you need to do.
|
|
|
|
waitforme
Full Member
Offline
Activity: 618
Merit: 100
BBOD The Best Derivatives Exchange
|
|
November 19, 2017, 03:04:34 PM |
|
There is no other way than training. If you see a coin go down your mind is not stable anymore, turn off the computer and go out and enjoy something. You can use the stop loss command to avoid losing your account too much.
|
|
|
|
martin1221
|
|
November 19, 2017, 03:21:48 PM |
|
This is the one factor that affects our trading skill, our emotion, to control it, just try to avoid talking yourself that it a good time now to sell or buy it, habe some research on that one to gather some information so that our emotions will control to hold or sell.
|
|
|
|
gabmen
|
|
November 20, 2017, 01:44:33 PM |
|
This is the one factor that affects our trading skill, our emotion, to control it, just try to avoid talking yourself that it a good time now to sell or buy it, habe some research on that one to gather some information so that our emotions will control to hold or sell.
Or have a specific target and stick to it. I've had many experiences when profit turned into loss because i didn't have a target and waited for what i thought would be the peak price. The dump then would come suddenly and fast so my profit would crash while i'm too dumbstruck to react quickly
|
Report to moderator . ██████████. .████████████████. .██████████████████████. -█████████████████████████████ .██████████████████████████████████. -█████████████████████████████████████████ -███████████████████████████████████████████████ .-█████████████████████████████████████████████████████. .████████████████████████████████████████████████████████████ .██████████████████████████████████████████████████████████████. .██████████████████████████████████████████████████████████████. ..███████████████████████████████
|
|
|
Quantex
Member
Offline
Activity: 90
Merit: 10
|
|
November 20, 2017, 02:12:54 PM |
|
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 ? My advice to you is to do some breathing exercises. I read an article somewhere in Facebook about how breathing exercises can help us control our emotions better. I tried it when I cried and it actually worked, so you should try it to. We often make drastic decisions when we are emotional, so we need to control it. You can take a deep breath when you feel shocks or panic actions. But this only help you for temporarily. For a permanent solution, we need to solve this problem in our brains. It's not an easy task to control our emotions. In altcoins trading, I do this on bittrex.
|
|
|
|
khalifa25
Member
Offline
Activity: 242
Merit: 10
|
|
November 20, 2017, 02:21:40 PM |
|
for my emotion patience is the key and you have to practice it now that you are in trading. The more patience you have, the best you can control your emotions. Also, you have to be calm at all times and learn to not be easily affected by the results especially if you are going into longterm campaign
|
|
|
|
Idrisu
|
|
November 20, 2017, 05:41:53 PM |
|
To control your emotions, you will need to get a robot to do the trade for you. Many traders especially the newbie do lose money because of emotional control, when the price go against you, you need a strong emotional will to be able to be patients until you get back on track. Another way that you can keep your emotions on check during trading is to became an expert trading by developing your skills and knowledge on how coins market work.
|
|
|
|
cockers
|
|
November 20, 2017, 05:56:53 PM |
|
Emotions has really no place in work, business and especially trading. In trading you have to abide by your set strategy and do not panic if things are not going your way. Approach it mechanically, you act according to a set instruction and you will profit more if you do so than if you follow you emotion and sell when you are panicking. Oh and by the way, when everybody is panicking and selling that should be the time you are buying. Use the emotion of other traders.
|
|
|
|
KwizatzHaderach
|
|
November 20, 2017, 06:00:54 PM |
|
I'm having same issues nowadays. It is hard for me not to track my portfolio for price changes. Just relax and stick to the plan you had when you started.
I do have some issues controlling myself sometimes but it is better to be patient and let time tell which have been a good decision.
|
|
|
|
Osarman
|
|
November 21, 2017, 07:24:44 AM |
|
It's epically difficult to control fomo and other harmful emotions concerning trading. As for me, better way is to leave it for some time and do other work.
Yeah! The best way of diverting your mind form losses is to get involved into other activities. The depression can be released in so many ways nowadays. There are many gadgets and activates rather exercises which are there for the sole reason of releasing depression. So may go for outdoor games such as basketball and skipping. Bitcoin is the best coin which is never going to put you into panic.
|
|
|
|
wayaneka
|
|
November 21, 2017, 07:49:36 AM |
|
Before jump in to trading altcoin, you should be have good trading plan and risk management because like we know volatilty and fluktuasion of crypto is so high. Before trade you have to specify and decide how much % for take profit and how much % for stop loss, for example stop loss area 15% and take profit 30%,and when the price reached this price level, open potition should be done. And other thing to control emotion is dont over trading but keep focus to analysis the market.
|
|
|
|
AyaYotoko
|
|
November 21, 2017, 08:02:20 AM |
|
There are no sure bets in the world of investing; there is risk in everything. So be prepared for the ups and downs.
You have to be patient and wait for increased value of your coins. Everything will be all right at the end.....
|
|
|
|
|