Bitcoin Forum
April 20, 2024, 03:36:45 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 [37]
  Print  
Author Topic: Is trading stressful for you?  (Read 30374 times)
nowlscor18
Member
**
Offline Offline

Activity: 282
Merit: 11

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN


View Profile
August 02, 2019, 11:24:06 PM
 #721

It made me stressful once my asset didn't gain a better price during my course of trading activities. Most specially those crucial and difficult times of taking a cheaper order value, and you needed to grab in order acquire profit. You'll be stressed once you tend to panic for sudden price crashing that cannot be stopped due to market trend.

1713584205
Hero Member
*
Offline Offline

Posts: 1713584205

View Profile Personal Message (Offline)

Ignore
1713584205
Reply with quote  #2

1713584205
Report to moderator
"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
mr_random
Legendary
*
Offline Offline

Activity: 1274
Merit: 1001


View Profile
August 02, 2019, 11:39:47 PM
 #722

For me, it is not stressful to read the price action and analyze the given trading data. If the trading is the main job then having stress is understandable but part-time traders shouldn't feel the same emotions due to the low expectations. Vision is a fundamental reason why traders plan their trades and trade their plan.
Spaffin
Full Member
***
Offline Offline

Activity: 1316
Merit: 108



View Profile WWW
August 04, 2019, 12:39:19 PM
 #723

Perhaps a professional trader works without stressful situations, because all his activities have already been worked out and adjusted.  He can intuitively determine and predict the further development of events on the exchange.  In turn, I always experience inconvenience when I work with daily trading.  Long-term trading is much better for me.

FXBOX    [TelegramTwitter ]  ▞  GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
██████████████████  PLAY 2 EARN FINANCIAL GAMES  ██████████████████
INVESTINGTRADINGLOTTERYMARKET PREDICTIONS     ◖ READ MORE
romecheo
Full Member
***
Offline Offline

Activity: 476
Merit: 101



View Profile
August 04, 2019, 02:24:50 PM
 #724

Yes, it somehow makes my stomach upset and not even touch my food. I follow some rules to relieve my stress, first, I remove myself from watching the drastic movement of cryptos, second, I find someplace to meet a new friend or learn new things, then lastly, I condition my mind.

▀▀████████████████▄▄         H A V E N      /      HOLD HAVEN. EARN BNB!         ▄▄████████████████▀▀
Community Driven DeFi Project Built on BSC
|    Whitepaper    |      Telegram      |       Twitter       |      [ SafeHaven.Finance ]      |     Instagram     |        Reddit        |      YouTube      |
bitgoldpanther1978
Full Member
***
Offline Offline

Activity: 381
Merit: 101



View Profile
August 04, 2019, 03:12:34 PM
 #725

I believe it is!

What do you do to relief trading stress? Do you have any alternatives?

As for me I stopped trading for 3 months and play blockchain games. Now I feel myself better!

UPD #1

Some people asked about blockchain games and how to find them. so I've made this list of games https://www.producthunt.com/@house_lama/collections/blockchain-games

UPD #2

There is a good blockchain shooter War Field. it’s 100% not scam so I can send it here. you can read details about this game here (I don’t send direct link to their website not to make them advertisement) https://gameunculus.io/blog/96

Trading for me actually was giving me a relief and relaxation, because you will only read the graph, set the price for selling and buying then,
you will wait a little longer because for this action I do believed right timing for buying and selling is the key for us to earn more a lot.
princerepon
Full Member
***
Offline Offline

Activity: 980
Merit: 101


View Profile
August 04, 2019, 11:13:16 PM
 #726

I believe it is!

What do you do to relief trading stress? Do you have any alternatives?

As for me I stopped trading for 3 months and play blockchain games. Now I feel myself better!

UPD #1

Some people asked about blockchain games and how to find them. so I've made this list of games https://www.producthunt.com/@house_lama/collections/blockchain-games

UPD #2

There is a good blockchain shooter War Field. it’s 100% not scam so I can send it here. you can read details about this game here (I don’t send direct link to their website not to make them advertisement) https://gameunculus.io/blog/96

It is when i lose my money in trade.  Cheesy Cheesy Otherwise it's ok to me.  Cheesy Cheesy i have no idea about blockchain games. Never play before. Are those profitable for earnings. how many games you are playing and how much earn from them..?
EXtremeAEX
Hero Member
*****
Offline Offline

Activity: 798
Merit: 503



View Profile
August 05, 2019, 06:50:26 PM
 #727

Trading is stressful for most. But stress needs to be dealt with.
Making a plan before buying a coin helps me with this. Next, I just follow the plan. It is also necessary to constantly work on yourself and on your psychological state. And don't forget to relax!


                         ███████
                      ████    ████
                      ███       ███
                      ███       ███
                       ████   ███
                         ███████
               
         
        ██████████████                ██████████████
     ███████████████████         ████████████████████
   ███████████████████████████████████████████████████
 ████████████    ██████████████████████████    █████████
███████████                                     ███████                                 
████████████    ██████████████████████████    █████████ 
   █████████████████████████████████████████████████
        ███████████████              ███████████
                                     
      ██████████████                ██████████████
     ███████████████████         ████████████████████
   ███████████████████████████████████████████████████
 ████████████    ██████████████████████████    █████████
███████████                                     ███████                                 
████████████    ██████████████████████████    █████████ 
   █████████████████████████████████████████████████
        ███████████████              ███████████
AUDITCHAIN
.
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀   ▀▀▀▀▀▀▀▀
.



.
.


.
READ OUR WHITEPAPER
.
YouTubeRedditLinkedInInstagramMedium
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
Aaronpp
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
August 13, 2019, 04:28:58 PM
 #728

The only way to relieve stress due to trading is to relax, disconnect and abandon operations for a few hours at least because continuing to trade can influence potential losses, The best thing is to be distracted and not make mistakes that we will surely regret, another option is to take a momentary vacation when we start to feel that the stress is beginning to affect our operations.
omonuyak
Sr. Member
****
Offline Offline

Activity: 882
Merit: 269



View Profile
August 13, 2019, 06:27:42 PM
 #729

The only way to relieve stress due to trading is to relax, disconnect and abandon operations for a few hours at least because continuing to trade can influence potential losses, The best thing is to be distracted and not make mistakes that we will surely regret, another option is to take a momentary vacation when we start to feel that the stress is beginning to affect our operations.
Nice advice and to add to what @Aaronpp has said continuous trading after making profits some time do wearing the mind and makes you taking investment decisions that you will not make if you are in your rightful mind. Remember making wrong investment and trading decisions may lead to unexpected loses.
atjiat
Full Member
***
Offline Offline

Activity: 1204
Merit: 104


View Profile WWW
August 18, 2019, 09:45:43 AM
 #730

It was much more stressful at the begininig, couple of years ago when I didn't have so much knowledge and experience. Now it's lot easier, with time you learn how to control your emotions and stress. Also, I have much more confidence in my decisions and that also diminsh the stess.
It's very important that you know what are you doing, that you are certain in your decision and that you have back up plan. Thus you will control stress easier.

Same. When i started i was unsure in my actions and scared af.I think that only years of experience will make you more stable and confident.
I very much understand what you are talking about, but even despite the long term of my activity, the fears of my trade still remain.  The fact is that if several years ago I did not have experience in trading at all, now I am suffering from a poor choice of my assets.  All these coins with the help of which I traded were not promising.  Apparently I have even less experience than I could imagine.
hahay
Legendary
*
Offline Offline

Activity: 3444
Merit: 1055


Leading Crypto Sports Betting & Casino Platform


View Profile
August 18, 2019, 03:44:24 PM
 #731

The only way to relieve stress due to trading is to relax, disconnect and abandon operations for a few hours at least because continuing to trade can influence potential losses, The best thing is to be distracted and not make mistakes that we will surely regret, another option is to take a momentary vacation when we start to feel that the stress is beginning to affect our operations.
Nice advice and to add to what @Aaronpp has said continuous trading after making profits some time do wearing the mind and makes you taking investment decisions that you will not make if you are in your rightful mind. Remember making wrong investment and trading decisions may lead to unexpected loses.
But at least taking time to rest is very important, no matter you get a profit or a loss in trade because if done continuously it will definitely create stress. So, taking another time to take a vacation or just resting is an important part as well and before making that decision so as not to leave too much emptiness then making short-term investments will be a good choice.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Bob Smith
Newbie
*
Offline Offline

Activity: 22
Merit: 0


View Profile
August 20, 2019, 04:12:46 AM
 #732

But at least taking time to rest is very important, no matter you get a profit or a loss in trade because if done continuously it will definitely create stress. So, taking another time to take a vacation or just resting is an important part as well and before making that decision so as not to leave too much emptiness then making short-term investments will be a good choice.

Agreed. There is no point to trade just for the sake of doing it. If you think things are not happening the way you want them to, it is better to take a break. But then, how do we know that this is the perfect point to put a pause?
Herry Toms
Jr. Member
*
Offline Offline

Activity: 236
Merit: 1


View Profile
August 20, 2019, 11:10:02 AM
 #733

Take a break for a while like 3 to 6 months during that time read some old trading books most preferably Physcholo based books like Disciple Trader Etc. I believe the more we learn, more we earn. 
Lapatai
Jr. Member
*
Offline Offline

Activity: 118
Merit: 6

Trying to make the world better for everyone.


View Profile
August 20, 2019, 12:30:44 PM
 #734

I am trying to set my time and not to look to charts every 5 minutes. I prefer to invest into longer terms to keep my cool.
At first it was very stressful, but after setting everything in order now is OK Smiley

Don't be afraid to donate BTC Smiley 3AsWVdytESviZoxpTyFXZwvBPuG6Pd3GEF
Bunsomjelican
Sr. Member
****
Offline Offline

Activity: 812
Merit: 251



View Profile
August 20, 2019, 12:39:09 PM
 #735

Trading become stressful only if you are control by your emotions. This things was usually happened when some of the traders face losses in the actual trade, but if you are a positive thinker and know the proper way of trading for sure you won't become stressful in the end.
thecryptogandalf
Member
**
Offline Offline

Activity: 147
Merit: 21


View Profile
August 20, 2019, 12:40:45 PM
 #736

It can be frustrating and stressful most of the time. Important things is, in my opinion using right tools and trading bots can increase your chance of winning in a big way. In this context, I believe trading bots and the tools that it offers can be a good way to tackle with stress.
Free1bitco.in
Hero Member
*****
Offline Offline

Activity: 1624
Merit: 500



View Profile
August 20, 2019, 01:52:21 PM
 #737

If you choose to become a day trader, you have to live based on its requirement.

Personally, I don't choose day trading as I have a day job and that hinders me to fully focus on day trading, it's really time consuming and I cannot do both effectively, just like your recommendation, I just trade by buying at a specific price and just put a sell order at a specific amount, it doesn't matter when it will hit but stop loss is very important for me.
for those who work, I think doing a day trader is a bad idea. it makes our thinking divided in two. in this case, I also choose to hold the potential coins and wait for the right price by selling it. this can make me focus on my work.

however, trading will stress us when our strategies and speculations do not meet our expectations. because of that, having a job is a good thing to cover it. but, when our strategy and speculation are correct, it will be fun. so, fun, or stress, it depends on the situation.
Superalgos
Copper Member
Jr. Member
*
Offline Offline

Activity: 87
Merit: 6


View Profile WWW
September 06, 2019, 01:59:26 PM
 #738

The best way to avoid stressing over trading is by automating it. You do all the thinking and creative process while designing and tuning a strategy and then simply let the bot execute, while you check it out every once in a while. There are no surprises. You take a position when you said you would. You stop when you said you would stop. You take profit when you said you would. Zero emotions. The whole logic is pre-processed and decided in advance, after careful thinking, backtesting and paper trading for as long as necessary before committing real cash.

I'm using the tool we just pre-released, the Superalgos Desktop App, an open-source, free tool built for non-coders to automate their strategies.

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 [37]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!