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Author Topic: Trust you trading experience and don't panic  (Read 91964 times)
cola-jere
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June 28, 2018, 03:28:31 AM
Last edit: June 28, 2018, 03:48:11 AM by cola-jere
 #321

We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.

I can't watch the market the whole day or every minute of my waking hour. I guess the real traders, the ones who make trading as a living, are the only ones who can do this. I don't panic and FOMO but I try to protect my downside as well - as small losses eventually turns to bigger losses if you don't know when to cut your losses -  Grin

If you aren't trading for a living, then - If you watch every tick, you'll trade like a dick  Grin
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June 28, 2018, 03:32:49 AM
 #322

We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.

The reason why there are still a lot of successful traders today is due to their experience, some of them knew how the volatility of the market works and they always save their coins waiting for the right price to come out before selling.

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June 28, 2018, 03:44:18 AM
 #323

may be slightly different from my trick to trade in cryptocurrency. If I earn 10% profit then I will continue tomorrow for trading.

And if the coins I buy have decreased 5% then I stoploss because for the backup is not there and I buy again tomorrow its id the lowest price.
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June 28, 2018, 05:14:35 AM
 #324

yes you are right you better believe in yourself and believe from your trading experience because personal experience is more profitable than trust with others and do not panic easily.

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June 28, 2018, 05:27:03 AM
 #325

Well I think it would work for all of those who have successful trades ,
But not for those who doesn't really know what they are doing or just listening to the signal groups and doesn't have an idea on how to read the graph.

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June 28, 2018, 11:19:56 AM
 #326

getting a profit and experiencing a loss in trading is normal and that has happened to all traders, and as traders we should be able to stay calm and not panic when the price drops because we already have experience that is the best teacher and we must know what to do now
Ups and downs, profit and loss are the part of trading and those who doesn’t quit become successful traders. Continuity and strong determination are mandatory for affective trading. If you become dishearten you will not be able to make money from crypto trading. Better to forget about panic and try to trade affectively with your experience and skills.

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June 29, 2018, 05:03:04 AM
 #327

don't panic is the hardest things that we can deny but if we can learn how to manage our emotion, this is not difficult especially if we have any experiences in trading. but yes, for new people, this is difficult and they need to always patient and stay calm when they see something is not right that will happen in the market. I am sure that we can handle our emotion and we trust our trading experience although we don't have a high-skills experience in trading.
Panic is the greatest profit killer, while many people talk about all kind of methods to make money the truth is that if you do not have complete control over your emotions at the end it is not going to matter what kind of method you are trying to use like short term trading or long term holding you are going to lose your money, this is why people need to understand very well why they are in this market if they do they have a chance to make money if they don't then they will lose money for sure when they panic.
indeed when you starting to panic then all of trading method to earn money won't working anymore because you even can't control your emotions and don't expect to makes money while you're panic because obviously you will lost and panic also not always dominate by beginner traders that i'm pretty sure expert traders also had experience to being panic

we can say like that because we already have this experience and we don't want other people to get the same experience as us. you need to learn hard about controlling your emotions and stay calm if your plan or strategy is not working because by doing this, I am sure that you can find a way out to anticipate your loss and even you can get a profit. and if you have more experience in trading, I am sure that it will useful for you in trading and you can make a profit again and again.

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June 29, 2018, 04:22:12 PM
 #328

I totally agree with you that panic selling is not a solution. but i also do not think that trading now is a good choice. with the bear market, you should hold for the recover to earn money

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June 30, 2018, 06:08:40 AM
 #329

We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.

Trust yourself have a lot of confidence of yourself even if you do not hqve mucj experience in trading of course if you have confidence in yourself you can do it and do not panic like anyone does because if you come to think of it that panic selling is really not gonna help and worst they are just making the price fall much more so just stay calm and trade more sell less for you to gain more and lose less. It is just about patience and determination if you want to gain dont sell.
Yeah experienced trader never loses his emotions and money as well. You will have to control your emotions if you want to be successful in crypto trading. It is important to get as much information about the market situation as you can, so that you will be able to take right decision on right time and will make handsome money in a short time.
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June 30, 2018, 06:26:37 AM
 #330

I totally agree with you that panic selling is not a solution. but i also do not think that trading now is a good choice. with the bear market, you should hold for the recover to earn money

Well with experience comes knowledge and being knowledgable would lead to making good sound decisions. Panicking is never a good one. If you're a newbie, accept mistakes and learn from them. No trader is perfect, it just goes down to how you'll handle things that aren't going your way

 
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June 30, 2018, 01:11:54 PM
 #331

Those panic sellers are the ones who doesn't know the market, an experienced trader doesn't panic because a little dip is normal specially in this kind of market
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June 30, 2018, 01:30:32 PM
 #332

We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.


I agree with you. Staying positive during this situation is the best thing that we could do if we would want to maximize our gain. It is important that we know how to value the market. It's votality is given and we can't do anything to control it so we must just learn how to handle our emotions for it. Just have patience and wait for the best time to sell.

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June 30, 2018, 02:01:22 PM
 #333

this is very reasonable . especially in the bear market , we need to maintain our beliefs and we need some patience . a few days ago bitcoin prices were close to six thousand dollars . i kept it , and now it is starting to recover again .
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June 30, 2018, 02:38:02 PM
 #334

We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
Its a good advise and encourage topics you given to us bro and we thanks for these,and you said thats our experience in tradings is very important even the situation in the market now getting worst,so therefore to survive this,bleeding market its better  thats we broaded our patience and hold on,until the situation of the market will going back to normal and we discourage those FUD emotion,so that we become successfull soon into our trading investment.

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June 30, 2018, 02:41:43 PM
 #335

I totally agree with you that panic selling is not a solution. but i also do not think that trading now is a good choice. with the bear market, you should hold for the recover to earn money

Well with experience comes knowledge and being knowledgable would lead to making good sound decisions. Panicking is never a good one. If you're a newbie, accept mistakes and learn from them. No trader is perfect, it just goes down to how you'll handle things that aren't going your way
Good and bad experiences teach us lessons and it's up to us how we grasp those learnings to help us grow. No one ever started being excellent, so the importance of experiences have brought so much motivation and strength. Trading may not be easy, it's risky and you need to be knowledgeable, be informed, and updated to play the game wisely. However, I think with great dedication, patience, and positivity it would lessen the burden and make you decide creatively and productively.

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BariaczRoni
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June 30, 2018, 03:52:43 PM
 #336

We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
I agree with your opinion. When we enter the trading market, we must take risks. That proves you have accumulated enough experience needed to succeed. So there is no reason for you to experience feelings of fear affecting your work. You need to be confident and calm before all situations
MiXxe
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June 30, 2018, 04:11:27 PM
 #337

We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
Its a good advise and encourage topics you given to us bro and we thanks for these,and you said thats our experience in tradings is very important even the situation in the market now getting worst,so therefore to survive this,bleeding market its better  thats we broaded our patience and hold on,until the situation of the market will going back to normal and we discourage those FUD emotion,so that we become successfull soon into our trading investment.


Practical wise, this is very helpful. We often say the experience is the best teacher and this is the best time to apply it. We used to experience some crash in the cryptocurrency before. Maybe most of you will say that the situation right now is far different from what had happened before because in the first place, the time of recovery wasn't as late as this. But then, both time had experienced downfall and might as well experience recovery.

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June 30, 2018, 04:35:21 PM
 #338

We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
Its a good advise and encourage topics you given to us bro and we thanks for these,and you said thats our experience in tradings is very important even the situation in the market now getting worst,so therefore to survive this,bleeding market its better  thats we broaded our patience and hold on,until the situation of the market will going back to normal and we discourage those FUD emotion,so that we become successfull soon into our trading investment.


Practical wise, this is very helpful. We often say the experience is the best teacher and this is the best time to apply it. We used to experience some crash in the cryptocurrency before. Maybe most of you will say that the situation right now is far different from what had happened before because in the first place, the time of recovery wasn't as late as this. But then, both time had experienced downfall and might as well experience recovery.

as per what you have been experience even bad or good may become your lesson to be on how are you able to excel your skills on trading well panicking are may not to take in good result cause as you everytime let it to lead for you well for what may happen for you is bad lesson to be.
syamster
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June 30, 2018, 06:55:33 PM
 #339

We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.

Yes you should always calm your self on trading because if you are going to sell your coins immediately without analyzing the situation then there is a huge chance for you to lose a huge amount of your coins in no time.
Of course not only in trading but in investing as all panic selling is not advisable. Just keep believing yourself if you know it well that trading has a lot of profit for us then push yourself into it, don’t be bothered by any negative news it all fake, it is nature of bitcoin it rise and fall so we should not lose our hope this time and never in future, trading needs only skills and determination so if you have them both you will never lose anything but you will only earn good profit.

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Kambal2000
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June 30, 2018, 07:27:11 PM
 #340

We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.

Yes you should always calm your self on trading because if you are going to sell your coins immediately without analyzing the situation then there is a huge chance for you to lose a huge amount of your coins in no time.
Of course not only in trading but in investing as all panic selling is not advisable. Just keep believing yourself if you know it well that trading has a lot of profit for us then push yourself into it, don’t be bothered by any negative news it all fake, it is nature of bitcoin it rise and fall so we should not lose our hope this time and never in future, trading needs only skills and determination so if you have them both you will never lose anything but you will only earn good profit.
That is right, we should always trust our instincts and are belief most of the time especially when we do have a basic knowledge about trading and we are not guessing what we are doing, so it if fine, we should also follow what we belief and we are doing sometimes, since courage will begin with us.
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