Do You Need To Put Your Emotion in Trading ?

[jonhn772]

Of course we need to avoid our emotions in crypto trading. Cause if we become very emotional in trading then our losses will increase. So, we need to be concentration on our trading.

[Kocret02]

putting emotions may be necessary to give confidence when trading, but if placing emotions excessively I think that is something that will be detrimental because excessive emotions will only make the citation of trade controls not good and unstable.

[thunderbitz2717]

Most of the time if we cannot control our emotions, it lead us into a situation were in the end for sure we will take the consequences. But if we know how to manage it properly of course for sure even when we are in the actual trade, we can full apply the 100% focus or concentration in the trading platform. Therefore if that happens are capital or coins will be safe

[elpiji]

"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?

I prefer the second school to control emotions, we cannot eliminate the emotions because everyone has emotions, and emotions will also give us an advantage because with emotion it will motivated to be better and learn from previous mistakes

[deppil]

Of course we need to avoid our emotions in crypto trading. Cause if we become very emotional in trading then our losses will increase. So, we need to be concentration on our trading.

I think it's clear and many people say about this to avoid emotional feelings in trade. I give an example of one thing that is often experienced by many traders. when prices weaken many traders use their emotional feelings such as fear and panic. they do not prioritize technical analysis for their choice. so there was panic selling happen

[Question123]

We don't need to put our emotion while in our on trading because it  affect to you for sure. But not means all your emotion will be stop maybe the negative side only like panic selling of the coin once the price of the coin that you have decrease or down the value.

[apityeh71]

We can not eliminate emotion like greedy and not patient in trading because all of this is natural,  and we only possible to minimize and to control it. Keep control emotional in trading is important to avoid greedy because greedy is big enemy of trader.

[perla]

We can not eliminate emotion like greedy and not patient in trading because all of this is natural,  and we only possible to minimize and to control it. Keep control emotional in trading is important to avoid greedy because greedy is big enemy of trader.

Greedy is serious problem that sometime we don't know about it. It will always come on a big chance, especially when we know that chance will give us big advantage that we can't resist, so i think greedy is something that we can't control when it is come.

[amd6678]

Emotions , fear , greed , are natural because you see price fluctuations price going up and down in mind negative thoughts will come one should control all to become successful in trading   

[skish85]

Yes, indeed, control over your emotions is one of the main qualities of a professional and successful trader. This is very difficult to learn, but such qualities as restraint, calmness are simply necessary to trade confidently on the crypto-currency exchange.

[Yamifoud]

Yes, indeed, control over your emotions is one of the main qualities of a professional and successful trader. This is very difficult to learn, but such qualities as restraint, calmness are simply necessary to trade confidently on the crypto-currency exchange.

Isn't good to follow our emotions all the time cause it sometimes could lead from losing. We can be beneficial if we look closely to the market chart and analyze its movement and by that, will be guided of what will do next.
Not this time is good for trading but somehow it is good for buying and do trades when market goes back to green one.

[kotajikikox]

Nope not advisable to put emotion in trading, i know can't avoid this as person but need to set your mind be strong and brave during the investtment goes into trap.

[Daseento]

The answer is no. Have you ever wondered why bots are better traders than humans ? It's simply because they are machines, hence, emotionless. They follow a certain algorithm and trade according. Since there's always an element of greed in each of us, emotionless trading can be impossible to achieve but we can always improve.

[yanto@1977]

"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?

I agree with others opinion, emotion need to control but replace it out side crypto market. Never enter market or include it when doing transactions, it will make you bankrupt. In many cases emotion not helping and will make situation get worst. Reach your dream control emotion and never do the same mistakes, that's right.

[bounceback]

Emotions are very important in every decision making, but of course they are accompanied by the latest logic and crypto conditions they monitor. Without emotion, traders usually only follow each other's signals or solicitation without knowing the actual trend, this is very dangerous even though several times it still produces profits.

Emotions can form a mindset that will lead to accountability in every trading activity.

[ramesh770]

Emotion gives you two types of waves, some time it works and some time it wont work, so you cannot always put emotion in trading. You have to understand the basic logic in trading and apply it. I wont work with emotion but some time i feel that my emotions are good for me and i trade according to it.

[theminime]

trading is a mind game where there is no place for emotions. one should never take emotional decisions while trading crypto's. crypto's are highly volatile, single mistake can make you loose all your money.

[btc_angela]

trading is a mind game where there is no place for emotions. one should never take emotional decisions while trading crypto's. crypto's are highly volatile, single mistake can make you loose all your money.

True, I would definitely call in a mind game. So everyone is doing their best to really avoiding emotional decisions. But its really difficult even for some who have experienced in crypto trading to slip out of their concentration and trade using their emotions. So that single mistake and lose of concentration will be costly unless you learn how to control it (which is difficult).

[Diced90]

This is a mixed opinion, heavily biased field of answers. In my opinion, it can be both good and bad depending on how you're playing it.

[beerlover]

If you want to be successful then you need to apply your strategy in a consistent way and that is impossible to do if you rely on your emotions to do your trades, so the decision is simple you need to limit your emotions when you are trading because if you do not do it then the chances that you are going to become successful diminish to the point that it could be impossible to get profits otherwise.

Knowledge, strategy, practice are the things that will guide you into gaining confidence when it comes to trading and emotion is the last thing a trader want to put into their trading. The major reason why so many people tend to get emotional is because they either rushed to start making money from trading with little or no knowledge, no strategy, and no experience, and then when the reality kicked in, things started going awry.

There is no way anyone will not get emotional when you realize you are losing, market is not going the way you want, just because you actually do not have a plan. Just like in real life, it applies to trading too, because if you fail to plan, then you plan to fail.