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Author Topic: Do you trade for money or emotional satisfaction?  (Read 2650 times)
palle11
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April 01, 2018, 04:24:24 PM
 #21

Trading is a serious business for me. At the time of making the decision to enter the market, it is strictly to make substantial profit but if I make the order and get lucky on gains; it becomes fun and emotional satisfaction because I actually like to see the movement of the platform on profit.

Trading is for profit for me primarily.
LSt56
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April 01, 2018, 04:26:23 PM
 #22

sorry before, but personally I do trade is to get money because that way I can get additional money that can suffice my family, so I always do trade with caution.

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April 01, 2018, 06:17:53 PM
 #23

i have been heard some of people are gamble to saticfaction their hobbies and emotional satisfaction but until now i never heard the traders have same reasons such as that and people trade for money this is the fact that even since cryptocurrencies were so popular some of traders quit from their actual jobs because they want to more focus to trade because trading can provide more opportunities to get money for them

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arienna23
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April 01, 2018, 06:41:40 PM
 #24

Only people with lots of money would trade for emotional satisfaction. Those who want to earn money would definitely trade for money. There are very few people who would trade just for emotional satisfaction.
Hui8
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April 01, 2018, 06:47:46 PM
 #25

Good words by the Joe Ross! Agree that we are really small in front of the market and we cant always win the situation. However considering all your facts I do believe that I am not doing it for emotional satisfaction whatsoever may be the situation. The thing is I am very keen in choosing my earning methods and trading stands the last chance in it. I usually do holding trade with the bitcoin mostly and thus to do that one needs to be not emotional type so that in any situation we can just hold the currency and make profits over the time. So my satisfaction lie in the money making and for emotional turbulence really. I dont even have enough money which I can just spend spare on the satisfaction. Lolz.
hatun
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April 01, 2018, 06:59:28 PM
 #26

When you have got other sources of income then you can trade for emotional satisfaction. But, I am trading for money, as I don't have other sources of income.
Right you are. When someone has enough money to lead e decent life, he will be lucky enough to trade emotionally. But, one thing we must remember that we all need more money although some of we have a plenty of money. If people had no need of money after a certain amount, then world's richest businessmen would never do business to earn money. I do trade for the sake of making more money.
metenjean
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April 02, 2018, 09:35:09 AM
 #27

This is such a simple question for all traders out there, but of course all us are trading for money. If you're trading only for emotional satisfaction then what you're doing isn't trading but gambling with your money pretending it as a trading and that is why psychology factor determine if you're a good trader or not
kolega
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April 02, 2018, 09:45:04 AM
 #28

In my opinion, emotional satisfaction is obtained from gambling. The satisfaction of a job well done and income is different. Emotions are the main enemy of the trader.
boyshx
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April 02, 2018, 10:00:52 AM
 #29

I am long term holder and I have understood the concept of trading with no emotions completely. I wont lie and I can say that I have fallen for this trap in early days of my trades. I used to be very weak whenever I held my coins and whenever I saw the drop for the same. The crypto currencies used to be gpiogn up and down the way they do today and anyone new in the crypto would fall for the trap surely. So its for those who ar new to crypto and think that dropping of the crypto currency is dangerous thing then I would say its not. It can actually give your more return if you buy more keeping your emotions away from your trade. With strategies applied you can have best trades in your life and might just earn more than expected.
mia khalifa
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April 02, 2018, 10:08:44 AM
 #30

I do not trade bitcoin to make a profit and can grow my assets and not only that with my trading money to make money because my job is just bitcoin trading, if not trading then I will not be able to get money to buy what I want.
yudi31
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April 02, 2018, 11:35:31 AM
 #31

of course I trade for money, because my trade can meet my needs and other needs
robotrobert
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April 04, 2018, 06:31:48 AM
 #32

sorry before, but personally I do trade is to get money because that way I can get additional money that can suffice my family, so I always do trade with caution.
I don’t really think so that there will be such kind of person who will be doing the trade for the sake of emotional satisfaction and that all those who are going to trade or are doing trade are doing it because they want to make money and that they want to change their lives and that this is the reason why there are so many traders sitting in the international market and are dreaming of having a better living too.
LuffyD.Monkey
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April 04, 2018, 07:18:40 AM
 #33

Only people with lots of money would trade for emotional satisfaction. Those who want to earn money would definitely trade for money. There are very few people who would trade just for emotional satisfaction.
I don’t think there is anyone who want to involve emotions in business and those how did so, suffered a lot because emotions never let you take a decisions based on logics. Sometimes we do such things that have no reason or justification but we do so just because of emotions. Even millionaires are not ready to do trading for satisfying their emotions. Everyone is here to make money, nothing else.
KEPLER99
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April 04, 2018, 07:42:22 AM
 #34

sorry before, but personally I do trade is to get money because that way I can get additional money that can suffice my family, so I always do trade with caution.
Dude, not only you but everyone who is trading, they are just doing it for earning money. There may be some people who do this for emotional satisfaction but in my opinion you must be truthful. Definitely we are praising bitcoins just for the reason that they are good to give us income. But what if these coins started taking off their schemes and become useless for us, do we praise them anymore?
royale143
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April 04, 2018, 08:10:34 AM
 #35

I trade for money of course. I don't trade just for emotional satisfaction. There are a lot of things you can do just to be satisfied on your emotion. I think for rich people who just want to enjoy trading, maybe they are the one who trades just for their satisfaction.

I agree. I mean, why would a person go to such great lengths of studying their every move and transaction and to grit out and swallow any probable loss for just emotional satisfaction. I think for most people, the end goal is always to get something valuable for their ventures, whether it is from trade or investment, and that goal is usually money. People are driven that way because that money they would earn would be used to their needs and their family's.

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April 04, 2018, 08:14:37 AM
 #36

When you have got other sources of income then you can trade for emotional satisfaction. But, I am trading for money, as I don't have other sources of income.

No matter someone has other sources of income, but I'm sure they are trading for money. For on additional income to be exact, like what I'm doing since I know about crypto. To be honest, I do not understand how people doing trade for emotional satisfaction only (if any). If it is just for satisfaction, means there will be no effects for them if they lose so much money while trading?

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April 04, 2018, 09:13:46 AM
 #37

I trade solely for the sake of money. But I really enjoy experiencing emotional feelings in the course of trading. This is the best job in the world!

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April 04, 2018, 10:31:38 AM
 #38

I learn about trading because I'm really interested in it. This sphere is far more than "buy cheap - sell high"! And the profits I get... are just a reward and pleasant bonus for my favorite activity!
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April 04, 2018, 11:11:33 AM
 #39

I have a source of income other than trading in crypto, but I still make the trade as a place to make money for me, because after all, I still need money from other places apart from my job, because I need a lot of money.

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April 04, 2018, 12:17:12 PM
 #40

Neither of the two choices because sometimes I trade for both money and emotional satisfaction depending on my mood and the market and most of the time I tell myself that I should trade so I can save up money for my future and my kids college as well.
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