Do You Need To Put Your Emotion in Trading ?

[1Referee]

There is no place for emotion in this crypto world. Emotion can dump you and distract you from the crypto business. Better to keep your emotion at home while trading. Crypto is volatile as we all know so the price can be ups and down any time which is natural in crypto cryptocurrency. If you are emotionless trading is for you.

If the best traders in the world admit that there is not a proper way to work around your emotions while trading, do you seriously think people here have a better shot? Most people here are either investing with borrowed money or heavily over invested with their life savings. It's a combination no one can deal with, regardless of how 'experienced' you are.

Bots have taken over every tradable market, and crypto is definitely not an exception. If you can't do it yourself without emotions (which is close to impossible), let a bot do it for you. It acts and thinks 1000x faster than you as human, and it allows you to have time for other (more important) things in life. It's much better for your health as well, because trading brings in a strong dose of stress with it, and it really fucks up your sleeping cycle.

Crypto is a 24/7/365 market. It's not the stock market where you can rest.

[syamster]

Yes we need to set aside our emotion when it comes to trading coz it will just affect our decision making and will lead us to make a wrong decision. If that happened we will just lose our precious money. Sometimes our mind speaks different from our heart but we must always remember that mind must always speak louder than our heart.

Indeed it is good to keep our emotions at a side because it will make your money get lose, try to be patient and never sell it at panic,,, those who are lack of knowledge are going sell when they will see price is dropping, but those who know how to take wise decision will never sell at panic,  make decision in trading with your mind not by heart for sure.

[miyaka26]

Doing it purely based on emotion or instinct is not a good idea you are just to ruin all your profit and efforts in the long run, of course, there would be some wins and loses from the start but you will realize at the end that it is not enough to make some decent profits from trading specifically for day trading, you should arm yourself with knowledge, experiences, proper analyzation and more, I'm not a pro trader and it is just my opinion, you should expand your abilities and skills.

[metalglowd]

no matter whether we are easily carried away by emotions when trading or not, I'm sure it will always appear in unexpected conditions, it's just that we often pretend to be carried away by emotions. So in trading, it's impossible for someone to not put their emotion in trading at all

[mey466]

The emotion to make huge profits is necessary in my opinion, by having such a feeling that it can foster positive values ​​in oneself such as being more serious and active in trading

[harizen]

What are people trying to achieved here? Get rid of emotions while doing trading? lol.

Emotion is a natural thing so therefore once people do trades, it's already part of it. NO WAY YOU CAN STOPPED IT.

What people must managed is how to CONTROL it and not to GET RID of it. That's why it's necessary to do regular trades because while progressing, the trading experienced get by continous trades will teach a person how to deal with their emotions. This will take time though.

[cfif123]

The emotion to make huge profits is necessary in my opinion, by having such a feeling that it can foster positive values ​​in oneself such as being more serious and active in trading

but if I myself do not use emotions when trading only to get a big profit. because with that emotion, it will only worsen our career journey if in my opinion, the problem is that there are already many traders who use emotions to get losses and lose

[stayeduptolate]

The emotion to make huge profits is necessary in my opinion, by having such a feeling that it can foster positive values ​​in oneself such as being more serious and active in trading

but if I myself do not use emotions when trading only to get a big profit. because with that emotion, it will only worsen our career journey if in my opinion, the problem is that there are already many traders who use emotions to get losses and lose

The use of emotions is pretty old in trading and we must never forget the emotions that drive the market. We should always take decisions based on the emotions of other people as the emotions are the most important factor while doing trading. But there should always be a caution that you must take and that is you shouldn't ever be emotional while taking decisions about your trading as emotions can make it or break it and i have also seen many traders loose so much due to their emotions only.

[rumexx]

Putting your emotion in your trade is the first failure for you as a trader. No body that has done that was able to survive trading. If you learn trading then you may have learn about handling your emotion unless you just start trading on your own then you learn the hard way by losing your capital. Emotion in trading causes a lot of mistakes and which will eventually liquidate the account.

[Slow death]

your opinion about these two schools?

I'm not going to talk about these 2 schools, I'm just going to repeat what I said:

people need knowledge about trade, if people are aware of trade and know how to trade, then they have half a way, then they need money they can afford to lose, and that is very important because people can trade without fear of losing money.

The emotion to make huge profits is necessary in my opinion, by having such a feeling that it can foster positive values ​​in oneself such as being more serious and active in trading

The problem is that being very serious can cause a person to have a heart attack and die

[pedangrusak]

schools that are suitable for me are those who can control emotions, because emotions exist since we were born and need to be controlled and directed to produce a specific goal.
like a SWOT method changes a weakness into a strength, that is to change emotions into an ideal and life expectancy to be better

[rodel caling]

Emotions it part as a human being can't avoid this, but in trading need to become strong forget the emotions they have, because emotions is craating bad strategy in trading because the create also a panic.

[Pattart]

Doing it purely based on emotion or instinct is not a good idea you are just to ruin all your profit and efforts in the long run, of course, there would be some wins and loses from the start but you will realize at the end that it is not enough to make some decent profits from trading specifically for day trading, you should arm yourself with knowledge, experiences, proper analyzation and more, I'm not a pro trader and it is just my opinion, you should expand your abilities and skills.

I am also not a pro trader, but as far as I know in trading you should not use your emotions in making choices because it will impact
on your bad calculations later, or rather you rely more on instincts than technical analysis because you already use emotions..

[jamids]

Putting your emotion in your trade is the first failure for you as a trader. No body that has done that was able to survive trading. If you learn trading then you may have learn about handling your emotion unless you just start trading on your own then you learn the hard way by losing your capital. Emotion in trading causes a lot of mistakes and which will eventually liquidate the account.

You cannot just easily control your emotion when you are trading. When you are just starting then there is a tendency for you to be very emotional because it is something new to you. I can relate to this scenario because when I am just starting to trade, I tend to be very emotional and I would be angry with the market, with people around me and even with myself when I am just starting.

I even stop for a while and think that if other people can do it then why can't I? So I started to read more strategies about trading and watch a whole lot of videos so that I would know what are their techniques. I learned that losing is necessary for one to learn and grow.

[mald1to]

In my opinion, trading driven by emotions tend not to succeed because when you panic you get stressed then you will be out of focus which could result to loss in trading that is why you should not trade by emotions.

[kokobaba880]

Female are using emotion in their decisions so their decisions are not best but those who do things in emotion they are some time causes losses and if you use emotions in trading that would be not a professional behavior and i like to use crypto for future so i want to take steps with care.

[arpon11]

We cannot succeed without our emotions.  The emotions guide us and direct our trading decision.  Many investors could have lose heavy amout of money if not that they emotion warn them about it and the fear of loses hindering them from investing.  Our emotions is one of the Best tools God gives to us and it keep us out of danger.

Female are using emotion in their decisions so their decisions are not best but those who do things in emotion they are some time causes losses and if you use emotions in trading that would be not a professional behavior and i like to use crypto for future so i want to take steps with care.

It is very difficult and almost impossible to trade without emotion.  If we are talking about emotions we should look at it if it is positive or negative one.  Professional traders are human and most times they emotion direct they part too.

[miningguru]

Yes we need to set aside our emotion when it comes to trading coz it will just affect our decision making and will lead us to make a wrong decision. If that happened we will just lose our precious money. Sometimes our mind speaks different from our heart but we must always remember that mind must always speak louder than our heart.

Indeed it is good to keep our emotions at a side because it will make your money get lose, try to be patient and never sell it at panic,,, those who are lack of knowledge are going sell when they will see price is dropping, but those who know how to take wise decision will never sell at panic,  make decision in trading with your mind not by heart for sure.

Not about the knowledge but majorly people are selling their token for loss due to many reasons, so it is always good to hold the coin until the prices start increasing. If you keep your emotions then definitely you need to face a lot of challenges in the market and you will be in huge loss.

[nicster551]

"There are two schools:
1. People want to eliminate emotions in the trading. He is practicing emotional limitation in a particular environment. Extend the mind both in depth (towards emotional elimination) and width (to the environment other than trading).
2. People want to control emotions. Work with him must have both greed and fear to progress. "
This is exactly the 2 schools to deal with trading psychology. I would like to analyze a little difference between these two schools.

Eliminate emotions

This is a group of trader that emotion is the problem, to kill the problem to kill the original is to remove emotions from the trading process. They learn how to keep the emotional impact to a minimum. And to put the mental state in the mind and consciousness.


Some ways to eliminate emotion are to look at the issue in a different way in order to separate emotions from the psyche. Or whenever the emotion signals out of control, the trader immediately distracts himself to avoid consequences.

Put another way, getting rid of emotion is making the robot look as good as possible. The ultimate goal of this school is to promote the power of reason and to reject emotion.

Emotional control

In contrast to the above, some other traders said that should not seek to eliminate emotions. May be because it is not necessary, or can not be eliminated. So one must choose one way to live and control emotions.

With this school, you will apply the transition, the emotional direction to beneficial goals such as using stress to increase concentration, turning heart to aspire to success, turning the fear of losing money into spirit the law,...

These traders "use" emotions instead of removing emotions. Because they believe that emotions create new motivation for success.

For you, which school is better suited?

I do not discuss the correctness of the two schools. I just put up an open question for you. What school do you follow? How will you do it? How is the effect? Share your experience, your opinion about these two schools?

Of course you do. We all need some little emotions to put on our tradings because if you don't then that would be impossible. Example, you need to put some little fear in order for you not to over trade something.

[MrPiggles]

Female are using emotion in their decisions so their decisions are not best but those who do things in emotion they are some time causes losses and if you use emotions in trading that would be not a professional behavior and i like to use crypto for future so i want to take steps with care.

I agree with you . If we have too many emotions, it is best not to trade because the risk is very high and it is easy to take back the big failure. I think if you want to become a professional trader then you need to control your emotions and always consider carefully before investing in a certain project.