New to trading? Learn to be an emotionless trading machine

[proTECH77]

Trading without emotions is very difficult as emotions is natural when you see price fluctuations emotions  will automatically  come to our mind

Totally agree with your motion but when one engage himself or herself on trading there must be a lay aside of emotion which is the enemy of trading. Trading with emotions of any kind doesn't give success at the end rather looses. Engaging in trading you must be motionless to make huge profit.

[kryptqnick]

You cannot do well without a strategy and you cannot do well too when you keep changing strategies over and over again.

What makes you even better than a machine is the fact that you can think, you can fine tune your strategy with experience you keep gaining over time, but when it comes to never letting your emotions come before your strategy, you need to be like a trading machine.

Emotions are surely obstacles on the way to successful trading. One shouldn't be sad because of losses or happy because of wins. It will cloud the judgement. But your post overall still sounds like a trading bot is a good idea. It cannot improve the strategy, but at the same time a human being can't really be emotionless. And IMO humans trade better than bots in general, so it's not that obvious. One has to be passionate about trading itself, feel motivated to perform better in general. Even with a great strategy, motivation and no sudden emotions, I guess trading is just not for everyone. Most of people will lose, only some will manage to make it a source of income.

[Coolman4]

there are many course books youtube you have to search and collect materials and learn thats all
i think telegram also have good materials for free also

[shoreno]

emotionless ? lol wtf that's impossible . we are humans not a robot .   even veterans and pro traders are not exempted to it but they are more in control of the situation as when compared to newbie's that just get started on trading .

since i already mentioned the word robots earlier ,  we can still be able to use bot or trading bots that is specifically designed to automate the process  . we can use them so that we can skip looking at the charts or the market in order for us to be free from stress and other emotional problems that can trigger us to make wrong desicions such as panic selling .

[adamlillian]

No need to turn us into a machine, we need more discipline for ourselves. Investor experts have advised that we should make investment plans before investing. We need to write more important things and set goals for profit. That is the way we hold back the greed.

[dexter45]

Trading like machine is not possible as the emotions are natural and newbies are not confident and correct in analysis, so negative thoughts will come to mind. With their experience they can eliminate their emotions.

[vixcious]

That's very difficult. I tried to ignore the value of my portfolio but I still felt anxious. I think we should come up with a clear plan or have an expert offer advice to us. Investment is a field that uses a lot of reason to succeed and it's hard for me.

[Jaycee99]

I know this may sound somehow impossible for some, but really, to be successful in trading, you need to have the mind of a machine. Now, you cannot have this if you do not have a strategy and you cannot have a strategy if you do not take your time to learn.

Let me explain myself better, for instance, when using trading robots, you input your strategy, and they do it better because there is no emotion attached to it, except that they just do exactly what they are programmed to do. You cannot do well without a strategy and you cannot do well too when you keep changing strategies over and over again.

Learn, get a strategy, build on it, and then trade it like a pro. It is imperative that you get to see trading as a profession, which would always make you to see yourself having to let your strategy play out than letting your emotions rule you, which I believe most new traders are guilty of.

What makes you even better than a machine is the fact that you can think, you can fine tune your strategy with experience you keep gaining over time, but when it comes to never letting your emotions come before your strategy, you need to be like a trading machine.

I would like to add something on your post, a small detail that would add some leasson on it. So here when you build a strategy you may experience any kind of failure and the thing here is younwed to rebuild to think another one that will succeed, but if it faild DO NOT STOP KEEP ON MOVING UNTIL YOU GOT IT RIGHT.

Also if someone here says Machine tooic only yes OP says emotions which failure cant be stop so my lesson here is do not stop. You programed it but what happened you just do nothing but depend on the machine. So, go and do it yourself.

[alexyong342]

on one end there's using tool and automate the shit out of it

on one end there's understanding human psychology in trading markets

I've learnt alot reading stuff on https://www.altcoinsidekick.com/blog

[CoinChili]

Being emotionless when doing some trading is very impossible. It's really hard to disregard our feelings but we can actually lessen the unwanted emotions. For example, let us just set a goal in our mind, we can reduce stress or even panic and regret feeling in order to become a successful trader. Remind one self that bad vibes will also lead our trading a mess one.

[markdario112616]

Being emotionless when doing some trading is very impossible. It's really hard to disregard our feelings but we can actually lessen the unwanted emotions.

Well its quite possible, I've done it many times. Though, I'd agree that emotion is a huge game changer in this industry. That's why I always encourage to be fully prepared, in terms of Data analysis, Information, planning, organizing and etc. Those things are tools to battle out these fear, why? Given that the industry is volatile and risky, The only thing we can lean on is our own data, no more and no less. One can consider other's research but it must be only and solely for data analyzing, though a thorough personal analysis is still needed.

[Lanatsa]

Being emotionless when doing some trading is very impossible. It's really hard to disregard our feelings but we can actually lessen the unwanted emotions. For example, let us just set a goal in our mind, we can reduce stress or even panic and regret feeling in order to become a successful trader. Remind one self that bad vibes will also lead our trading a mess one.

Not only that, we are humans not machines literally  and as part of human nature/behavior.We've been always emotional nor do react on things that we are dealing
off and its really impossible to think that you wont really get distorted or affected on your trades specially you are dealing with very volatile market and no matter
how you do set your  goal is, there are really situations which cant be avoided for you not to panic.

[gantez]

The only thing that set traders apart is experience. Someone might have being on trade but with no adequate experience. Thus, someone with experience understands that emotion does not change the market and so, would make effort to put the emotion on check. Therefore, it is the ability to put one's emotion on check that makes for experience. Hence, traders will hardly be emotionless.

[Finestream]

Being emotionless when doing some trading is very impossible. It's really hard to disregard our feelings but we can actually lessen the unwanted emotions. For example, let us just set a goal in our mind, we can reduce stress or even panic and regret feeling in order to become a successful trader. Remind one self that bad vibes will also lead our trading a mess one.

Exactly.We will really find it hard to trade even without emotions involved but as much as we can,we will minimize trading with emotions because it will only destruct one's trading.And yes,having positive minds will also create a positive outcome and thus will lead to make a maximal profit at the end of the day.

[SlimShadyMmp]

If all people will learn from this your piece but the issue is that people with emotion is like magnet and metals you just need to know they exist and then make your decision as quickly as possible thats all you need man

[leowonderful]

You'll never completely remove emotions from the picture. That's essentially impossible as a human realistically, but that doesn't mean you can't get close to it. Relieving any stress you might have while trading is a pretty good first step to take IMO- I trade much better when I'm not stressed out (applies to many more things, actually), and if I don't feel I'm in the best mood for trading, I just don't trade for that day or until I feel better. Generally speaking, you'll get much better at removing emotions the longer you trade, but in some rare scenarios you might not get any better if you don't actively work on improving your trades.

[rodel caling]

Easy to say you should be emotionless, but it is very very hard to implement emotionless trading in practice. At least I find it difficult. Probably this is the reason why a lot of crypto traders use bots. Backtest your strategy and see if it makes any money on historic date, and then fire up your bots. That is all that you need to do. When you trade in person in front of a computer screen, it is easy to get carried away by a lot of things, for example, how many times have you screwed your trade by FOMO?

Truly correct as a person harder to remove emotion especially the investment going to lose. Even the people have a brave heart for sure they're experience to this scenario from trading. But we need to learn how to bo brave to avoid panic.

[juragane]

strongly agree I because in trading if you do not use emotion it will be better to walk in the future so that you can succeed quickly, because in trading if you want to succeed we must have great patience so that we can overcome someday when the market is destroyed not become a seller panic

patience and self control in trading is indeed a necessity. but if we trade without dominating the market, it can result in us being unable to determine when we buy and when we sell. so learning to master the science of commerce is a vital requirement for traders to be able to get their own benefits.

[playboy654]

The interested people only make the money from trading otherwise trading will not been giving any profit to the Machines like people because we need to analyse everything then only we can make the profit frequently using that trading.

[udidrone]

Being emotionless when doing some trading is very impossible. It's really hard to disregard our feelings but we can actually lessen the unwanted emotions. For example, let us just set a goal in our mind, we can reduce stress or even panic and regret feeling in order to become a successful trader. Remind one self that bad vibes will also lead our trading a mess one.

Exactly.We will really find it hard to trade even without emotions involved but as much as we can,we will minimize trading with emotions because it will only destruct one's trading.And yes,having positive minds will also create a positive outcome and thus will lead to make a maximal profit at the end of the day.

Maybe it will need a lot of practice to get something like emotionless in trading. Because it is all depend on our condition how we feel about market condition. That is why trading activity need skill and not only buy and hold and sell activity.