A trader's heart

[anhchangdeptrai13]

When you are a trader in this market. The first thing you do is learn. Learn about technical analysis, capital management and how to control your emotions.
Maybe, You are good trader. You can be a very disciplined person when trading, you always stoploss and take profit at 5-10% point.
But have you ever forgot yourself? it's just for a short moment.That moment is you falling in case with nothing to lose - a gambler's mentality. You drunk blood and completely forget about the discipline you set before.( Especially when you join the margin )
Why do you join the trade in crypto? This is due to fluctuate strongly of this market, "high risk and high profit ". And there is a bit of gambling in it. RIGHT?

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[Ararbermas]

Yes trading is like a gambling which is so risky but the advantages on doing trading is even its so risky you can obtain high profits on it as well ( using your knowledge or strategies) , that's why i believe being lacks in trading is not good, which is much better to gain some information first to prevent mistakes and learn some ( TA ) technical analysis to able to get the right time to sell or buy especially if the market always fluctuate.  'cause that is the most important "knowledge " to comfort our emotions when there's a worst situation and to reduce risky situation.  

[MedicineVNT]

the heart of the trader they always want to have successful transactions as well as they do not want to make mistakes and things we do not like they like the truth and success it a trader s heart

[herfie.chen]

I am not a trader but I learned and tried to become a trader, try as it is felt as a trader and today I bought some coin when the market is falling and hope will make a profit.

[Slow death]

how to control your emotions.

on this point, I believe that the deciding factor is the provenance of the money that you invested. I will explain better. Imagine that a millionaire takes $100,000 and buys bitcoin for $ 19,000. The millionaire did his research before investing and realized a potential in bitcoin and for that reason he invested $100,000 in bitcoin. so after a while the price of bitcoin drops to $6000. The millionaire will not panic and sell his bitcoin with losses. Because the millionaire has many sources of income, he has several investments so he does not get pressured every time the price of bitcoin falls. Now let's give an example of another person, we will give example of someone who saw in the newspapers that bitcoin has a great potential to increase 3x or even 9x of its present price of  $19000 at the time that person is seeing such newspaper. so that person decided to make a loan of $ 100,000 to buy bitcoin because he believes that bitcoin can increase 3x or even 9x. this person who borrowed will not leave the screen of your computer to follow the price of bitcoin and every time the price of bitcoin fall that person becomes desperate and when the price falls to levels of  $6000 the despair of that person increases.

take profit at 5-10% point.

just go to the altcoins section to realize that people invest to get profits of more than 2x.

[Zandra]

When you are a trader in this market. The first thing you do is learn. Learn about technical analysis, capital management and how to control your emotions.
Maybe, You are good trader. You can be a very disciplined person when trading, you always stoploss and take profit at 5-10% point.
But have you ever forgot yourself? it's just for a short moment.That moment is you falling in case with nothing to lose - a gambler's mentality. You drunk blood and completely forget about the discipline you set before.( Especially when you join the margin )
Why do you join the trade in crypto? This is due to fluctuate strongly of this market, "high risk and high profit ". And there is a bit of gambling in it. RIGHT?

Why I join in crypto trading? Of course to gain a lot of profits, it's too risky but you need to take the risks to reach your goal. Before entering in crypto trading of course you need to know on how it works, learn about it to become a successful trader.

[karungbitcoin]

Yes i always make the same mistake everytimes in trading, that is greedy, not patient and also out from the strategies that already i made before. Its hard to be dicipline trader , but i still continue and try to learn this my mistake and i believe later i can manage it. Become a professional trader not possible in short times but need long times and could be a years.

[alfs75]

When you are a trader in this market. The first thing you do is learn. Learn about technical analysis, capital management and how to control your emotions.
Maybe, You are good trader. You can be a very disciplined person when trading, you always stoploss and take profit at 5-10% point.
But have you ever forgot yourself? it's just for a short moment.That moment is you falling in case with nothing to lose - a gambler's mentality. You drunk blood and completely forget about the discipline you set before.( Especially when you join the margin )
Why do you join the trade in crypto? This is due to fluctuate strongly of this market, "high risk and high profit ". And there is a bit of gambling in it. RIGHT?

Definetly this is a good thoughts of ideas in sharing ways in how to become a good traders in this cryptocurrency worlds,thats being a noob into this industry is first thing doing is to learn the technical analysis in the market,totally to telling the thruth im not much expert in terms of trading,thats why i appreciatte that i've learned something of what you shared in this forum group of community.

[Ronaldcoin2017]

When you are a trader in this market. The first thing you do is learn. Learn about technical analysis, capital management and how to control your emotions.
Maybe, You are good trader. You can be a very disciplined person when trading, you always stoploss and take profit at 5-10% point.
But have you ever forgot yourself? it's just for a short moment.That moment is you falling in case with nothing to lose - a gambler's mentality. You drunk blood and completely forget about the discipline you set before.( Especially when you join the margin )
Why do you join the trade in crypto? This is due to fluctuate strongly of this market, "high risk and high profit ". And there is a bit of gambling in it. RIGHT?

Definetly this is a good thoughts of ideas in sharing ways in how to become a good traders in this cryptocurrency worlds,thats being a noob into this industry is first thing doing is to learn the technical analysis in the market,totally to telling the thruth im not much expert in terms of trading,thats why i appreciatte that i've learned something of what you shared in this forum group of community.

Yes learning is really the most important thing in the crypto feild. Specially during the time when we are going to trade we need to make sense of it. Learning can really help us gain a huge amount of profit and prevent some loss in the near future. I think we only need to have more patience regarding on its price for good.

[Nerman]

When you are a trader in this market. The first thing you do is learn. Learn about technical analysis, capital management and how to control your emotions.
Maybe, You are good trader. You can be a very disciplined person when trading, you always stoploss and take profit at 5-10% point.
But have you ever forgot yourself? it's just for a short moment.That moment is you falling in case with nothing to lose - a gambler's mentality. You drunk blood and completely forget about the discipline you set before.( Especially when you join the margin )
Why do you join the trade in crypto? This is due to fluctuate strongly of this market, "high risk and high profit ". And there is a bit of gambling in it. RIGHT?

I Agree being disciplined is always on play, when trading there is no way you will survive this market if you are undisciplined and emotional. Following your stop loss and your target price is a must. There is nothing wrong being emotional but in trading it is a big no because if you become emotional you will be illogical and more likely you will panic buy or panic sell.

[voztata]

the heart of the trader they always want to have successful transactions as well as they do not want to make mistakes and things we do not like they like the truth and success it a trader s heart

A trader always wants to maximize their utility by earning the easy money. This is only possible if the market is favorable and if their game in the crypto market is extraordinary. In my opinion, irrespective of the current risk, a trader would invest if he sees the future profit in the crypto.

Some people say that investing in the new [projects is a risky thing but those who take the risk are actually the people who take the lead.

[hurry_hore]

There is another important thing to be considered beside analysis either technical or fundamental, it is risk management. I've found a posting related to this risk management which IMO is good for trader to help controlling emotional aspect. Here is the link: https://bitcointalk.org/index.php?topic=4546469.0

[yesyes18]

When you are a trader in this market. The first thing you do is learn. Learn about technical analysis, capital management and how to control your emotions.
Maybe, You are good trader. You can be a very disciplined person when trading, you always stoploss and take profit at 5-10% point.
But have you ever forgot yourself? it's just for a short moment.That moment is you falling in case with nothing to lose - a gambler's mentality. You drunk blood and completely forget about the discipline you set before.( Especially when you join the margin )
Why do you join the trade in crypto? This is due to fluctuate strongly of this market, "high risk and high profit ". And there is a bit of gambling in it. RIGHT?

Definitely true. Trading starts with learning. You learn about a lot of market fundamentals and then follow suit. Also profit making shoud be disciplined. Being greedy might end the trader bad. Take out small profits by setting targets for profits

[Ramtapsbtc]

When you are a trader in this market. The first thing you do is learn. Learn about technical analysis, capital management and how to control your emotions.
Maybe, You are good trader. You can be a very disciplined person when trading, you always stoploss and take profit at 5-10% point.
But have you ever forgot yourself? it's just for a short moment.That moment is you falling in case with nothing to lose - a gambler's mentality. You drunk blood and completely forget about the discipline you set before.( Especially when you join the margin )
Why do you join the trade in crypto? This is due to fluctuate strongly of this market, "high risk and high profit ". And there is a bit of gambling in it. RIGHT?

One of the important rule in trading is dont allow your emotions to overtake you, successful trading is always based on cold premeditation, risk management and careful analysis, to achieved significant results have your own trading strategy.

[Ctn]

When you are a trader in this market. The first thing you do is learn. Learn about technical analysis, capital management and how to control your emotions.
Maybe, You are good trader. You can be a very disciplined person when trading, you always stoploss and take profit at 5-10% point.
But have you ever forgot yourself? it's just for a short moment.That moment is you falling in case with nothing to lose - a gambler's mentality. You drunk blood and completely forget about the discipline you set before.( Especially when you join the margin )
Why do you join the trade in crypto? This is due to fluctuate strongly of this market, "high risk and high profit ". And there is a bit of gambling in it. RIGHT?

When trading all I know is that I am already putting my money at risk which may get best ROI possible along with some profit slots. I only keep it positive always and think about it in winning situation only. If there is no way to win then I dont enter that particular market because if im not confident enough then I never jump into that market again ever. I choose wisely, I dont play greedy games, and I completely control my emotions during the trading. Thats the best way to go around this matter of trading. Thats my heart and thats how it works with trading. 

[fabskie21]

As a trader you should always consider all possibilities and be ready to take the risks of downfalls. It is normal even in business.  You gotta have that positive mindset and dont let emotions drive you.

[Pursuer]

take profit at 5-10% point.

just go to the altcoins section to realize that people invest to get profits of more than 2x.

setting a fixed amount of profit for taking and sticking to that only is never a good idea in my experience. just like anything else in trading you have to have your profit dynamically and set it based on the situation. for example it depends on the altcoin itself. for  the big already pumped altcoins that are in bubbles you should set it to 5% or even 1% since their rises aren't going to be big anyways. but for a smaller altcoin that can get pumped 10000% you should also set your profit higher than just 5% but lower than 10000% so that you don't get greedy and lose sight.
it also depends on the market situation. for instance when some shitcoin is already getting dumped (like ETH current situation) you shouldn't expect a big profit on a dumping market. what you have is dead cat bounce so you set your profit to a lower amount and the time to a short time since the dead cat bounce never lasts long.

[TheUltraElite]

Definitely true. Trading starts with learning. You learn about a lot of market fundamentals and then follow suit. Also profit making shoud be disciplined.

Trading start with analysing the market and watching the market movements. These observations form the basis of your future judgement. It is not a simple task to learn about market fundamentals and "follow suit" like you say. It needs practice and without having a capital to invest in it is difficult for noobs to begin trading.

Being greedy might end the trader bad. Take out small profits by setting targets for profits

You can stop padding your posts like this. The pathetic attempt at shitposting is obvious.

As a trader you should always consider all possibilities and be ready to take the risks of downfalls. It is normal even in business.  You gotta have that positive mindset and dont let emotions drive you.

Isnt that true for any risk vs reward scheme?

[itscomplicated]

Me myself am not a risk taker, the lesser the risk the better the entry.
***Also, study the other types of market analysis

[Indrawan77]

Yeah when you are in the process of learning there will be  alot of temptations to make more profit and ignore all the technical analysis, and sometimes you underestimate the unpredictable market so not putting any stop loss, I think all of that is a common thing, most of the traders ever make that mistakes, learning from mistake is the best way to become a better trader