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Author Topic: Emotional day trading  (Read 2161 times)
creeps
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August 23, 2018, 02:41:02 AM
 #181

I agree with you. We need to be very careful while investing in day trading. We should not get emotional in this field and try to concentrate more on investments.
There is no room for your emotion in day trading because it can make your money lose easily. Trading should be depend on your chart analysis and of course a lot of patience. So many people losing their money on day trading simply because they are being controlled by negative emotion that drives them to sold their token at a loss.
D3m1r4wanti
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August 23, 2018, 02:48:48 AM
 #182

Do not do emotional day trading.

I have lost nearly 1500$  over one night.  we think this is the best coin for day trading seeing only the chart increment percentage.  then thats emotional only , no statistical investigation or research. if you do not know day please avoid from it. its better.
saddened by the situation that befell you, emotions are indeed a bad thing that can make everything messy including in trading, I have also experienced a similar incident, therefore this event can be made as a good lesson material for your next trade. good luck friend ...
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August 23, 2018, 02:51:06 AM
 #183

Chart growth has a lot of meanings, sometimes it is a lot of investment, sometimes it is based on the rise of Bitcoin, and sometimes the dealer is operating, it is really unwise to look at the chart and rush to sell.
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August 23, 2018, 10:34:07 AM
 #184

Do not do emotional day trading.

I have lost nearly 1500$  over one night.  we think this is the best coin for day trading seeing only the chart increment percentage.  then thats emotional only , no statistical investigation or research. if you do not know day please avoid from it. its better.

Perhaps one of the most important attributes of trading is strong psychology. Some altcoins are pumped with strong reasons, others will not find the answer unless only volatility. So maybe it's important to control emotions, besides of course enough knowledge on some of the altcoins we focus on.
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August 23, 2018, 10:41:40 AM
 #185

Yeah, emotion is very bad factor in trading, we are easily to lure into it and make the wrong choice. I am so sad to hear that you lost $1500 in one night. Years ago, I saw a friends play with emotion, he could have won but then he let it control and end up run out of his asset. So, always set up your limitation point to stop before to late.
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August 23, 2018, 05:29:05 PM
 #186

Generally on emotions better to do nothing, and especially to trade cryptocurrency. Here we need a deliberate, balanced approach.
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August 23, 2018, 05:39:44 PM
 #187

For trading we need 20% of knowledge and 80% of emotion controlling ability. Anyone who doesn't have the ability to control their emotions while trading will not be a successful trader in long run. For them, trading will be a good option to lose their money quickly.
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August 23, 2018, 10:41:19 PM
 #188

Yes. Such a night. I have happened that I did not earn$ 1500, which could, overnight, due to the fact that early closed the deal.

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August 23, 2018, 10:48:10 PM
 #189

yes. Emotional must be discarded in your mind if you don't want your money to disappear all in one night....
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August 24, 2018, 10:17:56 AM
 #190

Do not do emotional day trading.

I have lost nearly 1500$  over one night.  we think this is the best coin for day trading seeing only the chart increment percentage.  then thats emotional only , no statistical investigation or research. if you do not know day please avoid from it. its better.

Fluctuations can take a toll, buy nears the peak, and panic sell when the lower limit is almost close.
I think trading with emotions, and repeating mistakes several times a day will make people lose a lot of things, especially trust in this industry.
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August 24, 2018, 10:25:59 AM
 #191

Do not do emotional day trading.

I have lost nearly 1500$  over one night.  we think this is the best coin for day trading seeing only the chart increment percentage.  then thats emotional only , no statistical investigation or research. if you do not know day please avoid from it. its better.

Fluctuations can take a toll, buy nears the peak, and panic sell when the lower limit is almost close.
I think trading with emotions, and repeating mistakes several times a day will make people lose a lot of things, especially trust in this industry.
If you know how to work with fluctuations it can bring decent earnings the sway will guide you when to buy and when to sell your coins, emotionless trading needs to be perfect if you will play with shorting the market, as what OP's said it's really risky when you allowed your emotions to take over your activity, you should be blindly move according to your plan Everytime you are inside this market.

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_cryptoniya_
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August 24, 2018, 10:26:12 AM
 #192

I think to trade cryptocurrency, you need to understand the system. You need to constantly be "in the subject" and study the crypto-currency markets.

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August 24, 2018, 10:41:52 AM
 #193

Do not do emotional day trading.

I have lost nearly 1500$  over one night.  we think this is the best coin for day trading seeing only the chart increment percentage.  then thats emotional only , no statistical investigation or research. if you do not know day please avoid from it. its better.

Right. When trading, what you need is a cold head. You should not put too much emotion into it. It will only cost you more. And you have to analysis market to make more profits
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August 25, 2018, 08:08:38 PM
 #194

Do not do emotional day trading.

I have lost nearly 1500$  over one night.  we think this is the best coin for day trading seeing only the chart increment percentage.  then thats emotional only , no statistical investigation or research. if you do not know day please avoid from it. its better.
Crypto buying and selling, as well as abilities involved with buying and selling crypto as well as fiat, tend to be much larger than your own feelings. Whenever you perform a solitary much more industry compared to you really prepared to complete a person start to dive into the large abyss associated with deficits. It is recommended to follow along with your own focus on arranged for any specific daytime and never allowing your own feelings provide you with aside.
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August 26, 2018, 01:38:29 PM
 #195

Certainly. In this area, composure and calculation are very important. Only the ability to calmly analyze the situation will help you not to get lost and make a profit both in the fall and with a sharp rise in prices for cryptocurrencies.

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Christinebeauty
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August 26, 2018, 01:41:42 PM
 #196

I think the best way to invest into a coin is not just looking at charts from exchanges. They can be very deceptive. Some whales can just manipulate the price to lure new investors into it and then dump on them

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August 26, 2018, 01:43:54 PM
 #197

If you are using emotions trading anything whether its crypto, stocks, forex etc. you have already lost. Emotions in trading make you buy and sell at exactly the wrong times. I know, I've been there.

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August 26, 2018, 01:48:01 PM
 #198

If you are using emotions trading anything whether its crypto, stocks, forex etc. you have already lost. Emotions in trading make you buy and sell at exactly the wrong times. I know, I've been there.
I fully support you, because it is emotions that contribute to the wrong actions, which today very much upset people, because they simply lose their deposits, I am sure that today there is a high probability that people are very often exposed to emotions.
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August 26, 2018, 01:56:24 PM
 #199

Certainly. In this area, composure and calculation are very important. Only the ability to calmly analyze the situation will help you not to get lost and make a profit both in the fall and with a sharp rise in prices for cryptocurrencies.
in trade it really needs calm because the market is very difficult to guess. You must be more careful in analyzing coins and markets. there are many things that affect the price of coins. but I agree with you if there will be time when prices will rise so just wait until the time comes.
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August 26, 2018, 01:59:04 PM
 #200

Indeed emotional can ruin our way to earning money from trading because emotional can ruin what ever method would you use and usually you will being panic after too emotions but very difficult to maintain our emotions when facing downtrend or uptrend and usually our knowledge regarding analysis market will not working well eventually

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