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Author Topic: How to get rid of emotions when trading  (Read 3872 times)
XinXan
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June 17, 2018, 11:06:41 PM
 #61

Getting emotional for your money is normal but minding it for so long isn't. Getting rid of your emotions while trading might broke you. The right way to manage it is to control it example trading dedicate yourself into giving you heart and mind to pick the best suited for you being emotional on your loss won't give you knowledge instead learn from your mistakes and strong dedicate yourself from learning and soon controling your emotions will be natural.

I agree. Money and the idea of gaining or losing it does carry some emotion to it that is surely normal for any human or person to deal with. So, I think that the better word is not 'get rid' but control. When trading, one should keep his emotions in check to avoid getting too worked up with any one trade. Instead, one should see sny venture with an objective eye to help him decide what is the better plan of action is.

Using an amount of money that you don't mind losing can help tremendously with emotions. Sticking to your trading strategy also pretty much gets rid of emotion as long as you are following 100% of the times, which you should, it's really the only way to make money.
syahdurindu
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June 18, 2018, 12:46:19 AM
 #62

to get rid of emotions in the trade, one solution is to keep the feelings, we should not be too carried away feeling in any case especially in trade, we should be able to think cold and be patient, because that makes the emotion culminating in the trade is when the price goes down and we are afraid to lose , when this is usually someone can not stem their feelings and emotions.

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June 18, 2018, 02:45:16 AM
 #63

For me what I'm doing is simply set aside my feelings instead i focus on earning i set my mind on the strategies i am dealing witj because wayback i am a victim of emotion turns into panicking and losing my money thats why now maturing is what im implementing to mu trading works and happy to say that i am successful on this method
jmlona
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June 18, 2018, 03:53:13 AM
 #64

It's not a matter of completely disregarding our emotions, but more of a matter in controlling them and knowing when they are helping or hurting us while trading. Emotions are at the very exhistence of human nature and they can certainly help us in our decision making process. We all have to realize and come to terms with knowing there are going to be many gains in this process and there will also be many losses as well.

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June 18, 2018, 12:23:48 PM
 #65

My advice is don't brag too much on the coin you have because you are placing a bit of your pride in there. And we humans  sometimes are egotisitical, and we want to prove ourselves right and that happens to the altcoins you don't want to sell that is not about the profit anymore.
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June 18, 2018, 01:00:50 PM
 #66

Emotions are absolutely normal. No one says that you should not have them at all. Emotions are the primary reaction of any person to changing circumstances. But you need to try to make sure that there is not too much emotion. When emotions fill you too much, then you commit rash acts. In trading this is unacceptable.
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June 18, 2018, 01:19:24 PM
 #67

Getting emotional for your money is normal but minding it for so long isn't. Getting rid of your emotions while trading might broke you. The right way to manage it is to control it example trading dedicate yourself into giving you heart and mind to pick the best suited for you being emotional on your loss won't give you knowledge instead learn from your mistakes and strong dedicate yourself from learning and soon controling your emotions will be natural.


As for me , being emotionally ready for the changes here in crypto world is so important because through it , we would be able to keep calm during the deep and make right decisions during uncertain situations. Handling our emotions matters in every aspect of our lives.
tanjilrifat
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June 18, 2018, 02:59:09 PM
 #68

 I just think that what makes the difference is our trade experience.we would be able to keep calm during the deep and make right decisions during uncertain situations.
KenChanYu
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June 18, 2018, 03:57:42 PM
 #69

For me what I'm doing is simply set aside my feelings instead i focus on earning i set my mind on the strategies i am dealing witj because wayback i am a victim of emotion turns into panicking and losing my money thats why now maturing is what im implementing to mu trading works and happy to say that i am successful on this method
It's a matter of mindsetting and learning how to manage crisis. We get to be overpowered by our emotion sometimes, but we must realize that if we let it overruled then it would only yield negative outcome. Risks and losses are innately part of trading industry, so we must be strong, patient, positive, hopeful, and gain important knowledge and skills.
george888055
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June 18, 2018, 05:19:18 PM
 #70

Only expirience helps to get rid of emotions. When losses start to grow, the emotions will distort our perspective on reality.
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June 18, 2018, 05:23:14 PM
 #71

For me what I'm doing is simply set aside my feelings instead i focus on earning i set my mind on the strategies i am dealing witj because wayback i am a victim of emotion turns into panicking and losing my money thats why now maturing is what im implementing to mu trading works and happy to say that i am successful on this method
It's a matter of mindsetting and learning how to manage crisis. We get to be overpowered by our emotion sometimes, but we must realize that if we let it overruled then it would only yield negative outcome. Risks and losses are innately part of trading industry, so we must be strong, patient, positive, hopeful, and gain important knowledge and skills.
if a trader already has experience of his activity and his activity shows certain results, then the state of his emotions can not be said, because such people are able to cope with their emotions.
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June 18, 2018, 09:55:13 PM
 #72

Just by taking care of other stuff while you are trading and trying to be focused on the tactics that you are using at that moment, that is the only way to take rid of them

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June 18, 2018, 11:15:34 PM
Last edit: June 23, 2018, 05:05:56 AM by Omega Weapon
 #73

Getting emotional for your money is normal but minding it for so long isn't. Getting rid of your emotions while trading might broke you. The right way to manage it is to control it example trading dedicate yourself into giving you heart and mind to pick the best suited for you being emotional on your loss won't give you knowledge instead learn from your mistakes and strong dedicate yourself from learning and soon controling your emotions will be natural.
Controlling your emotions gets harder the shorter the time span you use for trading or investing, if you are a long term holder controlling your emotions is easier since you do not need to take decisions in a split of a second so you can think about your decision for weeks and months and evaluate why an option is better than the other one, but if you are a day trader this is a lot more complicated since you need to take fast decisions and your emotions will be way more influential in the way you take decisions.
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June 18, 2018, 11:52:23 PM
 #74

Active emotional detachment:
There is something called Tilt in Poker. Some players will actively try to insult players after bad beats to make the go tilt, or "emotional". This will result in very bad decision making. Maybe you remember Zinedine Zidane in his very last World Cup Game, head butting the italian player and getting sent of the pitch with a red card. The worst possible outcome. TILT.
If you still feel like you get emotional about trades, there are a few things you can do: Lowering your margins, lowering your leverage, take a break, breathing exercises, watch your favorite series or listen to music. Get a little distance to your trades, before continuing. NEVER trade on TILT.

How are you dealing with your emotions? Anything to add or to take away from this?
Active emotional detachment? Dude,not everyone is a zombie like me(shush... Don't tell anyone  Wink). My emotions don't exist, so I am dealing with it quite well, thanks for asking. I don't care by the way.

Emotions shouldn't come in between trades otherwise you're a twit or a wackadoodle. And your way of explaining sucks. Because you don't have to explain.  Wink People are stupid, they will learn from their own mistakes and nothing else. No matter how much you explain them. You just wasted a fucking lot of time. For nothing. Literally. You could have banged a chick but no. Congrats.


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AjithBtc
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June 19, 2018, 12:31:05 AM
 #75

When one is unable to keep his emotions within control, surely he'll loss big due to the emotional failure. To be successful in trading user should have the patience, because at times it goes opposite to user prediction by that time should hold and profit when it pump again.

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June 19, 2018, 04:13:58 AM
 #76

The only thing to get out of the deal is that you should calm down and rationalize not to let anything else affect your feelings or your mind. Do not believe or value anything beyond what is possible power
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June 19, 2018, 04:36:41 AM
 #77

A good way is to use a small amount that you do not mind and you can afford to lose it and for you it will not be catastrophic. and then you will feel much better and experience less.
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June 19, 2018, 04:42:07 AM
 #78

Even with preparations you can't get rid of your emotions your anhuman being you can still worried from your own money. But if your with silver spoon i think even investing millions you can't even feel it because you don't work hard for it. Well after all it depends if you worked for it or not.
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June 19, 2018, 05:05:07 PM
 #79

Emotions is being right there always, we cannot skip it or disregard but we are humans and more powerful on this. You don't need to turn your intentions into other matters because it will not going to solve your problem with emotions when you are in trading instead adjust it slowly as you can.
We may not be able to skip it at first, but it is something that you just have to displace at some point when it comes to trading. They will not help in anyway as your knowledge and skills are the only thing you should need at all when it comes to trading.
I once emotional and it is normal, but as time goes on when you have practiced what you have learned over the years and find strategies, you will notice that emotion disappears on its own as you start making decisions like a pro.
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June 19, 2018, 05:53:22 PM
 #80

Find real promising projects, Always trade long-term HODL coins, Special in day trading
Then you know never loose and get rid of emotions Grin Grin
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