How to get rid of emotions when trading

[Rodeo02]

As long you are not  a robot you can not separate yourself from your emotion,  you can only grow up and take charge of your emotion by controlling it rather than allowing your emotion to control you.

You are not a robot and you can not control your emotions, in my opinion the best way is after buying your pennies, you should relax by playing games, hangout with your friends and don't forgot stoploss for your coin

While being there in the world of the trading, keeping a good control over your emotions is something which is nearly impossible to achieve and that the ones who manage to do so end up making a huge amount of money which then helps them in becoming the richest persons in the world. All you need to do is to practice this thing in order to master yourself in a way which can help you in staying stronger.

not to mind others just focus on what are you taking for like you are just wanted to have some of the most special thing to be in their , well some of the better of you are depends on you , make sure always that you think for the best that you have to do with.

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[mybtcasset]

we can get rid of emotions in only one way that is trading with fewer expectations then we can overcome anxiety and place orders accordingly

[Edraket31]

we can get rid of emotions in only one way that is trading with fewer expectations then we can overcome anxiety and place orders accordingly

It is easy to get rid of our emotions if just have enough knowledge with what we are doing, and how can we have enough  knowledge with what we are doing? Then we need to explore, and make motivation those who become successful in trading, make them your inspiration, don't easily give up, set your own goals.

[tuljan]

we can get rid of emotions in only one way that is trading with fewer expectations then we can overcome anxiety and place orders accordingly

It is easy to get rid of our emotions if just have enough knowledge with what we are doing, and how can we have enough  knowledge with what we are doing? Then we need to explore, and make motivation those who become successful in trading, make them your inspiration, don't easily give up, set your own goals.

It's common knowledge that experience makes you calm and you make better decisions. Knowledge and experience go hand in hand.

[Jaci]

 It is a very common issue for all soft-minded trader. Only for emotion, many people lose their money. It is easy to make the profit from trading but very difficult to continue or remain. An only hard decision can give you get rid of this emotion problem. Select your target both for-profit and lose before starting your daily trading and never make over the target.

[Koadharber]

we can get rid of emotions in only one way that is trading with fewer expectations then we can overcome anxiety and place orders accordingly

It is easy to get rid of our emotions if just have enough knowledge with what we are doing, and how can we have enough  knowledge with what we are doing? Then we need to explore, and make motivation those who become successful in trading, make them your inspiration, don't easily give up, set your own goals.

Experience is one of the things that can really mold up ourselves to be a better trader yet we can really able to handle out our emotions yet we do already have the knowledge into things which same as you said which is definitely right but there are really times even how experienced or veteran we are but still there are scenarios which we cant able to avoid on being too emotional.Its normal yet we are just human beings and this do really need good self control and discipline.

[Dimon888]

Emotion in trade is not always a bad thing. Some help us make the right choice. It is necessary to take them under control. To do this, prepare in advance a plan of your actions in the market and define priorities for yourself.

[coinscircle]

Our brain is hardwired to go into a fight or flight mode under stress, resulting in emotional responses like greed (taking too large risks), anger, fear (panic-closing) or fear of missing out. While this is a good thing when fighting lions in the savannah, it is a horrible thing when trading, and you need to make smart decisions and keep to your plan to keep making profits.
This topic will focus on how to get rid of emotions while trading, or at least make the best decisions which are not based on emotional responses of our ape brain. So how can we achieve that?

1 with good preparation
2 with checklists
3 with process orientation
4 with active emotional detachment

Good preparation:
If you watch a Football game or a Boxing match usually the team or player wins that has done the better preparation. The same goes with trading. Accumulate knowledge about the subjects of trading as much as possible. Start with small amounts and small leverages until you really know what you are doing. Be consistent, create good habits early on and keep them up. Make sure that you are mentally fit, live healthy, eat well, sleep enough and regularly, and exercise enough. Have a schedule. Track your preparation, track your results and analyse them. What were mistakes you could avoid in the future?

Checklists:
When things go down and away, it is always good to have a checklist. For example: surgeons usually have checklists that prevent them to go off the rails while performing a complicated procedure. Their checklists makes it absolutely clear in which order they need to perform what step, which frees up mental brain power for the actual process. So from your past make checklists what made your trades profitable and focus on those kind of trades that have done well in your past.

Process Orientation:
With the checklist, we should be able to make good trades more often than not. All we need to do now is focus our metal brain power on the process and not on the outcome. As we have built enough expertise and a checklist that we follow, we focus on rules and our discipline, not on the outcome of a single trade, because as we all know one trade can always be good or bad, independent of how well it was thought out.

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?

You can see that with a very potential market and can give you a lot of profit, getting rid of emotion in the translation is very difficult. It's the emotional factor that makes us lose more weight and less profit, so I think that in order to minimize that, you need to have a specific plan before the transaction and follow it.

[tatum506]

Our brain is hardwired to go into a fight or flight mode under stress, resulting in emotional responses like greed (taking too large risks), anger, fear (panic-closing) or fear of missing out. While this is a good thing when fighting lions in the savannah, it is a horrible thing when trading, and you need to make smart decisions and keep to your plan to keep making profits.
This topic will focus on how to get rid of emotions while trading, or at least make the best decisions which are not based on emotional responses of our ape brain. So how can we achieve that?

1 with good preparation
2 with checklists
3 with process orientation
4 with active emotional detachment

Good preparation:
If you watch a Football game or a Boxing match usually the team or player wins that has done the better preparation. The same goes with trading. Accumulate knowledge about the subjects of trading as much as possible. Start with small amounts and small leverages until you really know what you are doing. Be consistent, create good habits early on and keep them up. Make sure that you are mentally fit, live healthy, eat well, sleep enough and regularly, and exercise enough. Have a schedule. Track your preparation, track your results and analyse them. What were mistakes you could avoid in the future?

Checklists:
When things go down and away, it is always good to have a checklist. For example: surgeons usually have checklists that prevent them to go off the rails while performing a complicated procedure. Their checklists makes it absolutely clear in which order they need to perform what step, which frees up mental brain power for the actual process. So from your past make checklists what made your trades profitable and focus on those kind of trades that have done well in your past.

Process Orientation:
With the checklist, we should be able to make good trades more often than not. All we need to do now is focus our metal brain power on the process and not on the outcome. As we have built enough expertise and a checklist that we follow, we focus on rules and our discipline, not on the outcome of a single trade, because as we all know one trade can always be good or bad, independent of how well it was thought out.

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?

You can see that with a very potential market and can give you a lot of profit, getting rid of emotion in the translation is very difficult. It's the emotional factor that makes us lose more weight and less profit, so I think that in order to minimize that, you need to have a specific plan before the transaction and follow it.

I believe that there is no escape from emotion, you can see that we are all human and have emotion, greed and fear, which are the obstacles to you. public. The market is bearish in the long run so if you are greedy, you will suffer more damage if you do not cut losses. So I'm very focused on planning the transaction.

[grchina]

I am taking more a scientific approach to trading and getting rid of emotions-emotions are just a chemical reaction in your brain that can be controled by outside factors(drugs for example)in other words i work out a lot before trading so i can get the right feeling in my brain(after working out/sex/food body release bunch of chemical to release stress)My work out is ussualy a 10 mile run

[imsotiredofmoviereboots]

I think we'll still be emotional at some time but what we can only do is to make emotional reaction to minimal. You know it disappoints you but you react fast and forget it and think other ways to make things better. I don't agree that we can get rid of it because we are not robots.

[baconlike]

In my opinion, do not pay too much attention to the price, if you reduce the price, and you will increase the price again, so do not try to check the price when the market drops. such so good

[Darz299]

As humans we have a emotional sense it is a natural thing.But when trading we must be able to control our emotions though it may be very difficult.Using the clear mind what we should do to conduct market research will reduce emotions.

[tbterryboy]

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.

Usually I'm trying to get out of my personal computer going into park or something like that might be on the roof, because I need to spend some time with myself trying to keep calm and passive.

Well you are providing basic and practical solution to this problem. This thread has been covering up since long time but very few times people talk about solution. They always talk on it and then it goes under a big mountain of misunderstanding. So yeah whenever there is a loss, you must go into parks and hilly stations to make your mind clear and fresh. Good luck to you.

[Ekenegbu123]

In my opinion, I have been reading articles about discipline and how to control your emotions when trading. From experience, the best way to get rid of your emotions when trading is to have a strict and effective trading strategy and you have to be disciplined about it to the core. This is one of the ways to detach emotions from trading

[Maricurijohn]

If you always worry about the market, this will make you make wise decisions, but if you invest, but reduce the number of tracking prices will make your mind more stable.

[ajiejot]

Emotion is very important in trading, because when you control your emotion, you are able to manage to keep calm, you will not get panic when the market will dump or pump, in totally you are normal. And that is very good benefits if you are trader.

[tuljan]

Emotion is very important in trading, because when you control your emotion, you are able to manage to keep calm, you will not get panic when the market will dump or pump, in totally you are normal. And that is very good benefits if you are trader.

If you can do that then you can be a good trader but if you can't then the only thing you can do is buy and hodl. I don't think that many people can do that.

[kiatitami]

In my opinion, you should not be concerned about the price at the present, if the market drops you should not care so much so you will be affected by psychology, and be waiting in the long run you can earn benefits. high levies

[Kirito-kun]

Emotion is very important in trading, because when you control your emotion, you are able to manage to keep calm, you will not get panic when the market will dump or pump, in totally you are normal. And that is very good benefits if you are trader.

Indeed, because if you let your emotion overtake you then I guess it will be a trouble. Managing your emotion is one of the most significance to master especially in trading because it will dictate what will be the outcome of your transaction, if you panic then its done. You should keep calm in order to think more clearly and to have countermeasure for unpleasant events like this bloodbath.