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Author Topic: New to trading? Learn to be an emotionless trading machine  (Read 1680 times)
Nellayar
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May 23, 2019, 10:07:45 PM
 #101

Actually, being an emotionless trader is difficult. I also make some adjustments regarding with my trade right now. In fact, I lost my interest today because I am waiting for bitcoin to move down and direct to my bias but it seems like it won't happen. I would like to say that you cnanot fight with your emotion but you can learn how to adapt certain changes in just improve yourself in trading.

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May 23, 2019, 11:10:23 PM
 #102

Actually, being an emotionless trader is difficult. I also make some adjustments regarding with my trade right now. In fact, I lost my interest today because I am waiting for bitcoin to move down and direct to my bias but it seems like it won't happen. I would like to say that you cnanot fight with your emotion but you can learn how to adapt certain changes in just improve yourself in trading.
I agree.It's really hard fighting your own emotions when you trade so a good trader does not really mean that he trade without emotions involved.There are still emotions involved but the fact that he is able to control his emotions while in trading makes him gain good profits in the end.Nobody is really an emotionless trading machine.

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May 23, 2019, 11:34:55 PM
 #103

Actually, being an emotionless trader is difficult. I also make some adjustments regarding with my trade right now. In fact, I lost my interest today because I am waiting for bitcoin to move down and direct to my bias but it seems like it won't happen. I would like to say that you cnanot fight with your emotion but you can learn how to adapt certain changes in just improve yourself in trading.
This is why there are bots out there that helps you trade, this way you don't have to worry on your emotions and let the bot buy and sell for you based on the settings that you entered. I myself sometimes overcome by my emotions specially when someone that I know and also in trading tells me something that is so convincing that makes me buy or sell a coin.
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May 24, 2019, 01:46:53 AM
 #104

Actually, being an emotionless trader is difficult. I also make some adjustments regarding with my trade right now. In fact, I lost my interest today because I am waiting for bitcoin to move down and direct to my bias but it seems like it won't happen. I would like to say that you cnanot fight with your emotion but you can learn how to adapt certain changes in just improve yourself in trading.

It maybe difficult, but you would be happy to know that,  it can get you more profits.
I know being a stone hearted is not an easy job,  but  in case of money everything is fine.
If you see that you can earn good money by changing yourself then ofc do it.
Moreover the most important thing is that don't losse confidence on yourself and you gonna surely win.

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BlackFor3st
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May 24, 2019, 04:39:25 AM
 #105

Learning really takes time especially if your understanding is not that good but for the brilliant individuals with inborn skills in trading, they will only takes a little time to master it.

But not everyone has this kind of skills therefore we need to struggle and takes our time to master the principle in trading if we really want to become professional someday. Trading machine is not always perfect even if they are programmed on what they are going to do therefore we should not compare ourselves to machine while trading as it will only cause us some misunderstanding in the end. Just be yourself and find your own strategy.

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May 24, 2019, 01:58:05 PM
 #106

i totally agree with you, the most important thing is controlling emotion, be patient don't panic when something going down.
Good advice for newbie like me, thank you.
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May 24, 2019, 03:06:23 PM
 #107

In my opinion, considering that they are new to trading it is almost impossible for them to control their emotions but nothing is impossible and I think that the longer they are exposed to trading and once they already got the hang of it then they’ll be able to control their emotions little by little and hopefully they’ll become emotionless or they will have better self control overtime.
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May 24, 2019, 04:25:02 PM
 #108

Is always easier said than done, people put emotion because they put their money on the line and sometime emotion can be dark cloud when it comes to making decision. Is okay to have emotion in it but don't let it affect your judgement.
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May 25, 2019, 08:12:43 AM
 #109

I do not know even one person who is this emotionless trader. The machine can probably cope with these tasks but not real people. yes, we need to control emotions but we cannot get rid of them.

That will need experience for years to become an emotionless trader, and it's hard to do that. Every people will have their emotion and if that is related to trade, then they will trying to control the emotion so it will not interfere with their trading. Human will have difficulties to prevent to do something without emotion because we have an emotion that always inside us, and if we want to become emotionless, then we need to learn hard.
I know and I can understand that people get emotional faster for something they expected to get and then they don’t get or they don’t expect but they get, so it is part of life but in case of trading it does not work, as market will change so in this time some people use to make worst decision only because of being emotional so I also think that a trader should only be patient but not emotional one.
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May 25, 2019, 11:15:21 AM
 #110

Is always easier said than done, people put emotion because they put their money on the line and sometime emotion can be dark cloud when it comes to making decision. Is okay to have emotion in it but don't let it affect your judgement.
That is right, emotion is what was created in us naturally, and so long money is involved, emotion will never ceased to come to play. The way we control our emotion is what we should be looking at, because if we honestly don’t control our emotion, it will consume us.

This has also affected me in my trade recently because I have been applying emotion to my trading which has been making me to miss several opportunities I have had to place my order and also sell my order. This is one of the reasons why I resulted to using one of the good BOT we have in the market, because those are the only thing that can trade emotionlessly because they have none.
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May 25, 2019, 12:11:23 PM
 #111

Is always easier said than done, people put emotion because they put their money on the line and sometime emotion can be dark cloud when it comes to making decision. Is okay to have emotion in it but don't let it affect your judgement.
Of course it is easier said than done and in many cases, new crypto enthusiasts find it very hard to keep emotions aside and focus entirely on trading coins with strategy and good plans during market crash. Therefore it is important to have some good ways of dealing the tension when there is a crash in the market or it all ends up in loss.
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May 25, 2019, 03:09:29 PM
 #112

Is always easier said than done, people put emotion because they put their money on the line and sometime emotion can be dark cloud when it comes to making decision. Is okay to have emotion in it but don't let it affect your judgement.

As long as people can control the emotion in trading, I am sure they will find, and they will see their chance to get the profit. But yes, many people are losing control if they see the market moves too fast and that will make an instant decision without thinking the good and the bad thing that they will get after that.

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May 25, 2019, 07:57:14 PM
 #113

Be a machine like computers when we trade, emotions should be out of the code and picture. Once we let our emotion beats us we might not even return in trading. Better be a computer that program to be set on such limit and work on what been plan and studied.
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May 25, 2019, 08:16:08 PM
 #114

Probably the biggest problem that people have is not emotion or keeping them out, it is they really take trading like a serious job, they use it as their main source of income and they leave their real life jobs for it, since crypto is really unpredictable you should not do that you should make it as an extra money making, once you truly believe that and you do it, your emotion will stop affecting your trades and you start making more right decisions and profit.
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May 25, 2019, 08:59:34 PM
 #115

A very good suggestion, but we have to be realistic, it's not very easy to trade like a machine without using emotions, because we are humans who certainly have a feeling of dissatisfaction and greed
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May 25, 2019, 10:06:27 PM
 #116

Emotions always get in the way of focus. Therefore it is necessary to try to adhere to the strategy and not to go on about the emotions.

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May 26, 2019, 05:49:51 AM
 #117

While I do without trading robots and it is much easier to put new orders to buy and sell, as the goal in numbers may vary
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May 26, 2019, 07:30:59 PM
 #118

Is always easier said than done, people put emotion because they put their money on the line and sometime emotion can be dark cloud when it comes to making decision. Is okay to have emotion in it but don't let it affect your judgement.
  It is human nature to be emotional so if you are being emotional try to make your way positively, there are two kind of emotions being emotional positively, be happy for the growth of your trading coin and being happy about falling price so you can buy cheaper, being happy to get quick profit and sell at panic, or being worried about falling price and selling quickly, so both matters I think everyone should be positive.
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May 26, 2019, 09:10:17 PM
 #119

Actually, being an emotionless trader is difficult. I also make some adjustments regarding with my trade right now. In fact, I lost my interest today because I am waiting for bitcoin to move down and direct to my bias but it seems like it won't happen. I would like to say that you cnanot fight with your emotion but you can learn how to adapt certain changes in just improve yourself in trading.

It is simply impossible. I have never seen one person who trades without any emotions. You can control them, yes, it is another pair of shoes. Simply try to stay a realist - this will help you a lot in life.
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May 26, 2019, 11:56:20 PM
 #120

Actually, being an emotionless trader is difficult. I also make some adjustments regarding with my trade right now. In fact, I lost my interest today because I am waiting for bitcoin to move down and direct to my bias but it seems like it won't happen. I would like to say that you cnanot fight with your emotion but you can learn how to adapt certain changes in just improve yourself in trading.

It is simply impossible. I have never seen one person who trades without any emotions. You can control them, yes, it is another pair of shoes. Simply try to stay a realist - this will help you a lot in life.
We are in the same boat brother! It very unusual for a trader to maintain his calmness even bitcoin goes skyrocket. Just like me today, which is very happy because my 100 dollars turn into 120 dollars. I am very happy because I trade only small amount. And this is really a greatful day since the trend is my friend right now.

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