DES_MX
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October 07, 2018, 05:39:30 PM |
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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 trading, as well as knowledge related to trading crypto as well as fiat, are often considerably larger than the actual internal ideas. When you perform a person much more company when compared with a person genuinely made to achieve a person begin in order to leap to the large abyss concerning reduction. It may be beneficial to look at the actual specific set up to obtain a unique night instead of enabling the actual internal ideas to provide a person aside.
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khan149
Copper Member
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Activity: 463
Merit: 251
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October 11, 2018, 04:15:51 PM |
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Crypto exchanging along with knowledge linked to exchanging crypto along with fiat are generally considerably larger than your current thoughts. If you perform one additional buy and sell when compared with that you organized to perform anyone set out to tumble in the major abyss involving cutbacks. It can be highly recommended to visit your current goal collection for the certain morning but not enabling your current thoughts present you without.
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jhache
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October 12, 2018, 05:59:30 PM |
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If you know that you are an emotional person then you should not be day trading. if you allow emotions to cloud your judgement when you are trading coins then you are just going to end up making a whole lot of losses from the coins that you have. It is better to trade when you know that you are not biased, that way you will be making intelligent decisions only
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marseille
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October 12, 2018, 06:15:59 PM |
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I prefer to buy coins only on those exchanges where there is a stop loss function. For example, Binans Bitrex Bitphinex. This will save your deposit from strong drawdowns and save your nerves.
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sanacaks
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October 12, 2018, 06:22:31 PM |
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Because I am not professional sometimes i do not know to stay in tether while the market is decreasing, its just to emotional that I can not stand to sell it in lower prize then I bought. But in really i know that, sometimes its better to sell to buy your coin in lower prize. Crypto trading needs a big heart for daily trade
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gunbars
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October 12, 2018, 06:33:43 PM |
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I agree with you. There is no place for emotions in this business. You have to always stay calm if you want to earn something, not lose.
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Litefoxx1698
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October 12, 2018, 07:08:33 PM |
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I can't do this because this is very hard for me to watching for signals and it needs a lot of special knowledges for this strategy
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bawa_23
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October 12, 2018, 07:14:48 PM |
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There is no place for emotions in crypto, these are two different poles. Emotions in crypto means losses, you have to be cool headed, calm while trading. One need experience to do day trading & there are always up & down while trading, so take it as experience & be calm.
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Kulitha
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October 12, 2018, 07:17:59 PM |
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Trading isn't any easy task as hearing and seeing those. Specially for day trading we should have very clear idea about market analyzing. and also we shouldn't control my our emotional. As you said above it will be cause to lost so much money. without proper knowledge it will not good for entering trading.
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andrej.safronov.1990
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October 12, 2018, 07:18:46 PM |
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I think everyone who started trading made such mistakes, I did not manage to trade every day, I chose short-term investments for myself, for me it is more suitable. Day trading in the cryptocurrency market is very similar to a casino.
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offstage
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The Premier Digital Asset Management Ecosystem
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October 12, 2018, 07:19:18 PM |
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Emotions are not good for exchange ever. When you get excited You just lose control and make so many afull misstakes.
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Putunembah
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October 12, 2018, 07:19:44 PM |
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there are so many new traders who have emotions in day trading, but that is not supposed to be for them to do day trading emotionally, because that will usually have a negative impact and will make them suffer defeat, emotional and panic for me that is not suitable for day trading .
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honglien
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October 12, 2018, 07:25:40 PM |
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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.
I agree with you on this point. When we trade or invest in the crypto market then i see a wave or see the price of the Altcoins down a lot. And i think i can catch the price but i'm wrong and pay the price for this action. So do not think our emotions will be right when trading or investing.
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ay.postnov
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October 12, 2018, 07:26:08 PM |
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I would never advice such work for investors who only come to this market. Thisis avery hard work and very difficult to understand how you should watch and see signals
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Ini35
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October 12, 2018, 08:11:03 PM |
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Thise who do not know how to day trade, will dare not venture into it. Which is why some people ask questions sometimes on how to go about it. Although, there are times you will not know some of these things, except you try it yourself. Just as interesting as day trading is, it also has lots of risks, but if you are afraid because of the risks, you might not be able to make headway in the crypto space.
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gerjiss
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October 12, 2018, 08:48:42 PM |
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That's funny. You can never judge by emotion. It is more like a game of chance that you are more and more addictive. Only a common calculation, even if you leave in the negative, then you will at least know why and next time will be able to miss the same mistake.
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HichemFetoui
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October 12, 2018, 08:55:11 PM |
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personally i didnt day trade i always try to pick a good entry point and stuck with until it's payoff to avoid emotional traps good luck with your own decisions my friend
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Fittinya12
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October 12, 2018, 08:59:50 PM |
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I was doing daily trading while I was inexperienced.When I got some more experience, I realized I had nothing left.Now,I'm holding it in my hand.The gain is more when you make a long-term investment.Of course this depends on the market situation.
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Serco
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October 12, 2018, 09:16:07 PM |
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If you notice in more detail, you might not be trapped in losses like you are interested in the price of the coin going up, but you don't notice the previous graph history. Lots of people are deceived by prices that suddenly rise, but you have to know what pump and dump prices are to predict the prices that will be on the market. In my opinion, make your loss experience for future knowledge so that you are not trapped by price losses.
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Neovitadi
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October 12, 2018, 09:23:12 PM |
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personally i didnt day trade i always try to pick a good entry point and stuck with until it's payoff to avoid emotional traps good luck with your own decisions my friend I don't day trade every time I enter an exchange because the prices aren't that volatile now. I have to wait till the end of the year to see any trading opportunities.
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