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Author Topic: Trust you trading experience and don't panic  (Read 91964 times)
Biggapp
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May 24, 2018, 08:55:51 PM
 #81

The hardest part is controlling the emotions, making the decision to hold or CL. this requires experience and emotional control.
and panic is the biggest enemy of a trader, forget your token and relax in trading. Wink
If you cannot control your emotions,then i think trading will not work out for you.Trading is all about profit so you should know the best things to do especially if you are facing tough times in trading.Panic selling will make you lose in most of the times but there are times also that it will create a positive result than just holding your coins throughout the year.The desicion is all yours that's why you have to be flexible and cautious all the time.
I must say that that having a good control over your emotions is the very first step towards making of some good earning whether you are there in the world of trading or busy in doing any other investment or business. If you are not having this quality within your personality, then there is nothing good which you can expect to have and that you will hardly be able to have something better.
Fatunad
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May 24, 2018, 09:29:44 PM
 #82

The hardest part is controlling the emotions, making the decision to hold or CL. this requires experience and emotional control.
and panic is the biggest enemy of a trader, forget your token and relax in trading. Wink
If you cannot control your emotions,then i think trading will not work out for you.Trading is all about profit so you should know the best things to do especially if you are facing tough times in trading.Panic selling will make you lose in most of the times but there are times also that it will create a positive result than just holding your coins throughout the year.The desicion is all yours that's why you have to be flexible and cautious all the time.
I must say that that having a good control over your emotions is the very first step towards making of some good earning whether you are there in the world of trading or busy in doing any other investment or business. If you are not having this quality within your personality, then there is nothing good which you can expect to have and that you will hardly be able to have something better.
When it comes to investment and even on just normal activities on life.Emotion control will really have a big effect on the things we are engage on because if we can able to control this thing and we do really have that patience.Then we can calmly do things that we must supposed to do into these unexpected circumstances specially on trading where we do engage on volatile price and we are talking and risking our money on here,calm mind and proper preparation and back up is needed.
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May 24, 2018, 09:45:23 PM
 #83

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.
This is a thing that i see a lot of new traders do and that is as soon as they see the price going down they immediately start panicking and selling right away, because they lack experience and they just put all their money into it so they have the fear of losing everything they have if the make the wrong decision, so that is why not only they should be patient and not panic in these situations but also start with a low investment first so they can learn the ropes of the market.
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May 24, 2018, 09:46:07 PM
 #84

I think that this is a good piece of advice! I always stick to this recommendation and never fail! I understand that my success depends on my emotional health and knowledge of the basics which I try to gain daily
Psychology is important to the success of a trader so staying calm in times of market fluctuations and make wise decisions will help investors easily succeed in this market. Try to learn a lot of knowledge from experienced people and the internet, books ... that is the knowledge you need to do as a trader.

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asyakashi
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May 25, 2018, 11:42:35 PM
 #85

The hardest part is controlling the emotions, making the decision to hold or CL. this requires experience and emotional control.
and panic is the biggest enemy of a trader, forget your token and relax in trading. Wink
If you cannot control your emotions,then i think trading will not work out for you.Trading is all about profit so you should know the best things to do especially if you are facing tough times in trading.Panic selling will make you lose in most of the times but there are times also that it will create a positive result than just holding your coins throughout the year.The desicion is all yours that's why you have to be flexible and cautious all the time.
I have been doing it for 3 years, I keep learning from various sources. many people who support me to continue to be patient in trading, yes my friends help a lot. including you.
Trade is not an easy job, just a madman who says this is easy. Smiley

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Clavulanic
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May 25, 2018, 11:59:41 PM
 #86

The hardest part is controlling the emotions, making the decision to hold or CL. this requires experience and emotional control.
and panic is the biggest enemy of a trader, forget your token and relax in trading. Wink
If you cannot control your emotions,then i think trading will not work out for you.Trading is all about profit so you should know the best things to do especially if you are facing tough times in trading.Panic selling will make you lose in most of the times but there are times also that it will create a positive result than just holding your coins throughout the year.The desicion is all yours that's why you have to be flexible and cautious all the time.
I have been doing it for 3 years, I keep learning from various sources. many people who support me to continue to be patient in trading, yes my friends help a lot. including you.
Trade is not an easy job, just a madman who says this is easy. Smiley

Good for you mate for those experiences that you have, and I can see that in the future you'll be a wealthy person. All we need to do is to be strong and don't be weak, because if you're lack of determination even though you have that skills and trading experience its nothing when you let panic controls you.

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arthotdog
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May 26, 2018, 12:31:48 AM
 #87

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.
Eversince panic selling is not the right way to treat our coins specially when scenario like this happenings,because when market falls and we come to ride selling our coins,were just only making the things worst.

I believe that its not the experience in trading is what we mist trust,instead our coins because if we have faith in our folio we will stay patience and calm
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May 26, 2018, 01:12:48 AM
 #88

one of the most important point is trust in trading experience thereafter we don't need to get panic for every FUD news and hodl the positions
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May 26, 2018, 01:40:27 AM
 #89

No one can save you from these panics or being fomo feeling other than yourself although there is some kind of signals that you may get some idea that can nake you confident on your own basis in trading. Trust no one in its predictions because the end of the day you are incharge of all profits and losses that you will encounter.

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May 26, 2018, 01:44:06 AM
 #90

absolutely yes, you have to believe in your trading experience and do not panic when market seems to be unfavorable in continues decreasing value. If ever it won't be a good time thrn provide a little patient for us to earn better in a coming days.
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May 26, 2018, 02:03:03 AM
 #91

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 it's better to trust in our experience and don't panic.As you go on there's something in moving forward that is waiting for us to increase in knowledge and blessings. While if you are in panic it might lost all what you have and becoming stressful.
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May 26, 2018, 02:43:37 AM
 #92

No doubt, experience is the best teacher. Many of the professional traders and investors are gaining more profits and have  managed their risks effectively because of the past experiences. But there are also some people that never learn at all because they keep committing the same mistakes they committed in the past.
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May 26, 2018, 07:33:51 AM
 #93

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 it's better to trust in our experience and don't panic.As you go on there's something in moving forward that is waiting for us to increase in knowledge and blessings. While if you are in panic it might lost all what you have and becoming stressful.

Well in general yeah that's a good way to look at it. For newbies, don't be afraid to make mistakes and lose. That's why it's important that you only put in money you can afford to let go especially if you're starting since this will add up to your experiences that'll be so much more valuable in the future

 
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May 26, 2018, 07:57:47 AM
 #94

Trust your coins with your choice. And don't be panic. Better to trust and not to get worried at all, you must be learned from your experience coz this is the best way to have more confident from what we have done before.
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May 26, 2018, 08:06:16 AM
 #95

Of course there's no one that can really help you during your trading but yourself. Although at the beginning you will have not experience but as time goes on, you will gain enough that will really help you during times of crisis.

I have a lot of mistakes in the past and looking back it was so funny but its indeed a good lesson to learn. It help me develop make good decision and in return earn me some money. I mean panic is really the worst enemy of a trader, but we can learn how to control it throughout your trading journey.

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boakyei
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May 26, 2018, 08:15:16 AM
 #96

Panic selling is the cause of most traders losing money as a results of FUD. If you trust your knowledge and experience in trading, you will forgo all setbacks and the short term downward price of the coin you are trading and focus on what the coin can achieve in the future.

Flomo
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May 26, 2018, 08:20:41 AM
 #97

maybe that would be a big dilemma in waiting for the rising prices. and when you need money you are forced to sell it for a low price. we need confidence for it, that belief decreases when we hear negative issues.
kolega
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May 26, 2018, 08:47:55 AM
 #98

All decisions in trading should be made based on experience and information. You can not allow emotions to influence decision-making. Without the control of emotions, it will not be possible to effectively trade.
nano77
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May 26, 2018, 08:48:08 AM
 #99

true, if the price drops then there is no need to panic sell because it will only make us lose, make the experience of trading to be a good teacher to be successful in trading, and we must believe that the price will definitely rise again
zemelax
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May 26, 2018, 07:54:54 PM
 #100

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.

That`s a good words. I dont know how, but i got nice level of knowledge for a short time period, but i didnt
believe myself, cause i thought that other experienced guys were better. That was a big mistake.
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