how control my emotion??

[Prinox2]

sometimes a loss is better than a big loss. in technical terms use a stop loss order which is practically doing this for you. it triggers when price falls lower than your "tolerance" so you automatically dump the coin and prevent further losses.
it doesn't have to be a stop loss and automatic either. you can do it manually too. you just have to plan for these things ahead of time. for example you buy ETH at 0.07BTC and decide that you don't want to lose more than 5% of your money so you dump it as soon as ETH got dumped hard down to 0.0665BTC and prevent losing more money when it was really dumped hard down to 0.046BTC and then buy back at the bottom.

great advise, it's always better to prepare for the worst out of every venture and that's why risk assessment is very important before starting any business/trading

[noormcs5]

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 ?

It is normal thing in trading, when we bought some coins then suddenly the price down. But it is happen because now bitcoin's price is going to up. So only buy altcoin when you have information, and secondly don't be greedy. But I aware you, if you sell your coins now then may be you have some lose, but if you could hold them then may be in future you could earn profit from them.

[pokeronlinestatus]

You should try to invest to other coins other than what you have invested. There are coins which has a higher potential than the others. You should look into the brighter side that even if you lose, you are going to gain from the other. Another thing is that, you should not invest that much in one investment only, take the risk into another.

In trading there is always fluctuations in the market as there is ups and down in the market.I think it is a routine matter and one should be mentally strong enough to handle the pressure of the market.You should learn to be calm during fluctuations in the market , Specially when the prices are coming down.It is also included in the basics of trading to be learnt very soon to get profit from your investment.You should be patient.

[Prinox2]

Controlling your emotion can be best achieved by building enough Emotional  Intelligence (EI) . This helps you to acquire sufficient emotional shock absorber before going into trading, bearing in the profit and loss part of the trade.

[TERA2]

sometimes a loss is better than a big loss. in technical terms use a stop loss order which is practically doing this for you. it triggers when price falls lower than your "tolerance" so you automatically dump the coin and prevent further losses.
it doesn't have to be a stop loss and automatic either. you can do it manually too. you just have to plan for these things ahead of time. for example you buy ETH at 0.07BTC and decide that you don't want to lose more than 5% of your money so you dump it as soon as ETH got dumped hard down to 0.0665BTC and prevent losing more money when it was really dumped hard down to 0.046BTC and then buy back at the bottom.

You cant use a stop loss order in an illiquid market though, so dont trade those unless your VERY confident about the coin.

[enawati]

To control emotion dont over trading, and buy 2-5 altcoin only, so we not confused to handle it. And before buy some altcoin, should be have good money management first, and just choose some altcoin with good fundamental only so when we wrong , the price still possible to going up.

[foggywhite007]

Yes do the control emotion is very important in trading. It often happens that coins and sags you don't maintain and close a position in minus and minus are good in another project but I think there is a shot there is a lull and the project from which it came starts to grow well. Often repeat to yourself the words of Buffett on the market, the winner is not active and patient.
And we need to never forget to put stop losses. Better to lose 10% of Chen for a year to go minus 90%

[Saveplus]

You need to control your emotions when you in trading it can be due to maturity if your money loosing down dont loose hope there is a progress for your investment soon,waiting patiently and controlling your emotions to build up yourself.This is the very important attitude in trading we cannot say what happens so we need to be ready in every situation we do.

[Tegin92]

Controlling emotions is tantamount to patience, in all efforts it must take patience and from that patience we will reap success

[kodes88]

When the price goes down, all you need to do is stay calm, patient and wait until the price goes up again. It will be time to go up and there will be a down time. Do not you feel panicked and immediately sell it, it is a loss. You should always remember that, if you sell it when it goes down then you lose.
 

[coino.org]

Have the same difficulties with emotion control. I lost around 10 thousand of $ buying put and call options. Even when i was totally sure in price predictions and my strategy show signals, emotions broke all the results. You know, something switched in the mind and just forgot about previous goals and strategy.

[franss]

We must have a trading plan and how to minimize the risk due to high crypto fluctuations. We must determine how many% of the profit we want and how much% must cut lose. And the most important thing is patience

[SimontheRavager]

Like Kostolany always said: Just go fishing if you are nervous ^^

[ashaksagnis]

How to control your emotions?
Trade the amount that you are ready to lose. Got that kind of experience too. i think trading is like sports betting - sometimes you lose - sometimes not.

[darewaller]

Controlling your emotion can be best achieved by building enough Emotional  Intelligence (EI) . This helps you to acquire sufficient emotional shock absorber before going into trading, bearing in the profit and loss part of the trade.

It’s just like when someone pisses you out and you’re feeling like beating the hell out of them, but instead controls yourself lol, I’m just giving an example. It’s not quite easy to control your emotions, you need a lot of practice which will take you sometime to become perfect in it.

But it’s always hard especially when the amount lost is a huge one, but just accept it, cause whatever happened has happened and you can’t reverse it back.

[raven7886]

I had invested into some altcoins when bitcoin were at 6000 dollars, and since those period almost all altcoins went down, i had resisted to cut my losses and i had hold it for a while, i had ignored altcoin value and follow bitcoin, since i knew altcoins would recover once price fall a bit. But i know is very hard to control emotion when you are playing with money and you are loosing as well winning, because our greedy make us take a risk we wouldnt take if were into similiar value into loss.

Depending on the coin one is holding, it is really hard to control some emotions but it is always best to know the best decisions to make because that is what matters.

My decision was totally different from the one you made and obviously better. After studying the market and I noticed there is going to be a huge dump at the long run since it was expected, I sold at loss and waited for a very long moment for the dumps to reduce and then I bought again.

Now, I am counting my huge profits than the few losses I made and still expecting even more from the pumps. It is always good to have a strategy which would always help you to make the right decision than being emotional.

[Genemind]

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 ?

Controlling our emotion is a step by step process. One can never immediately control his or her own emotion within a short period of time. Particularly if the environment or people that surrounds that person is not healthy. So, to control it better start from simple things such as watching movies, try to control your emotions about what you feel during the movie.

[coiner495]

Trading is a pleasant and fascinating occupation. The main thing is to choose the right antidepressants. 

[bitcoinrays]

How to control your emotions?
Trade the amount that you are ready to lose. Got that kind of experience too. i think trading is like sports betting - sometimes you lose - sometimes not.

It is a nice suggestion. Well everyone has his own way of relaxing but the best is to take a break and totally divert ones attention. This will not only refresh the mind but the mood also. Whenever I get nervous, I listen to music and just focus on that. It works every time.  Other than this we must do exercise, yoga or some sort of meditation to keep our brain calm under all situations.

[crzy]

Trading is a pleasant and fascinating occupation. The main thing is to choose the right antidepressants. 

Always trade with your skills and not by luck because trading really needs a lot of work for you to succeed. Don't fear about the risk because trading is already risk, don't trade with your emotion that can make your money gone always be optimistic and trade with confident.