Do You Need To Put Your Emotion in Trading ?

[ausbit]

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.

This is not even a question anyone should be asking, considering the level at which emotion and trading has been discussed on this forum several time.

Emotion and trading are two things that should not even be found together, but in reality, some people cannot avoid this emotion thing because they are so much not ready to learn anything about trading and how to at least do well in the long run and they are basically always after is how to make quick bucks and when reality sets in, they start getting all worked up and even making more mistakes over time.

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.

Well, it is one thing to advise people not to put emotion into trading, and it is another thing for them to advise themselves, to learn as much as possible if they do not want to get all emotional when it comes to trading because there is one thing I believe, which is the fact that you not getting emotional when you have no idea of what you are doing is impossible.

However, when you have a plan and a strategy, the best thing to always do is to execute them the same way a bot will do. When it comes to stopping loss, taking profit or buying into a market, you really want to be executing them without second thoughts, which is the only reason you can eliminate emotion, but there is no way you can do all of that, if you are ignorant in the space you are in

[Karlinz]

Have severally read and and tried getting rid of emotions during trading but sometimes it comes into play, Certain trade decisions are not devoid of emotions, particularly I have have come to accept that one cannnot totally get rid of emotions but apply control. Most losses, high trade expectations are emotionally triggered. Have equally noticed that sometimes when I planned selling when in profit or taking loss, may decide to wait further till regret comes in, that is emotion in play. That desire to hold on a bit even when all indicators are not in support are part of emotions

[jostorres]

"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?

Emotion is one of the things that has really affected so many people till date when it comes to trading and that is one thing they will never understand that as long as they keep getting emotional, their success when it comes to trading will always be limited.

However, one way to discard being emotional is to at least, know that there is no way you can trade without at least getting vast with some trading ideas and having some pretty good knowledge to guide you. Without that, as long as you approach trading without knowledge and strategy, you will never be able to get the best of it and as long as that happens, emotion will just simply keep kicking in.

[Nellayar]

In trading, we should not involve our emotions. In order to become successful in this industry, we must have 60% knowledge, 30% skills and 10% of emotion. We must use all of this so that we get high profits in trading. If we cannot fight our emotion, we will be carried away by our feelings and drive in a wrong direction.

[otundebis]

You do not need to put your emotion to trading,  they just cloud your reasoning without invitation.  Keep your emotions at bay however require skill and discipline.  The more independent you are of your emotions when you make trading call and decision,  the more your chances on making the right call!

[taliwang]

when you trade you should not do it with emotional conditions, you should be able to control the emotions that you have and you should be able to hold it up not to because trading with your emotions has a lot of losses.

[rez303]

"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 think I would choose emotional control. Because we can not get rid of emotion because we are not machines. We are human and we have different emotional reactions when investing. When we succeed, we should be happy because it helps us relieve stress and reward ourselves. But when the hole, we should have positive thoughts about the market and that is the way to control emotions. We should set goals and plans to control emotions more easily.

[mudasarali43]

I think trading mostly depends on emotions if your trade-in loss your emotions are so sad and in another side if you trade is in profit then emotions feel good but I think the main thing is to control the emotion is a tough situation and handle a headache with patience,

[Coolman4]

emotions comes in many ways if trade is in loss our mind will be like money can't be made in market this is gambling
if trade is in profit we feel like there is no easier job in world we can make ton of money

[techiegirl18]

The crypto price itself is composed of people emotions. You can see how people make panic by looking into the candle stick.

[Keyboard PC]

trading with emotional conditions that you cannot control will make the results you get will not be maximal even you can lose because when you are emotional you will be easily affected and very sensitive, so it's best when you trade you must be able to control your patience and must can stay calm and don't use angry emotions.

[izanagi narukami]

I'm ever trade on XAUUSD and crypto, the result is they are completely different and IMO, crypto movement is unpredictable.
I'm usually able control myself when I trade on XAU and as the result, I'm on profit $ 27 and yes, emotion play the main role.
But it's difficult to implement on crypto so that's why I'm prefer to hold rather to trade !

[asyakashi]

One of the reasons why the market changes rapidly is because there are many traders who are easily panicked, scared and greedy. this is a bad example so when there is a negative issue the trade responds strongly.
Emotions are an important part of trade, especially crypto. Experience will form more stable emotions. keep learning and practice your emotions.

[nydiacaskey01]

Its easy to say that we should set aside our emotions when we are trading. same as emotions have no place in trading. But lets admit it, there are times that we still follow our emotions instead of following what the tools that we use in trading are saying. I myself is a victim of my own emotions, FOMO. I use several tools in trading like RSI, Bollinger Bands and Parabolic SAR but after looking at the charts, sometimes I still follow what I think is OK.

[Yusuf77]

The crypto price itself is composed of people emotions. You can see how people make panic by looking into the candle stick.

Crypto prices are down to normal and we do not need emotions or panic that will end in losses. emotions are natural but we still have to control and think about the risks if we have an emotional impact on what. so keep believing and wait until everything improves for sure the benefits will come to us.

[SlimShadyMmp]

You are bound to make huge mistake putting emotions into your trading because its basically no needed there if you can fix your facts i think is best to then forget trading entirely that day and find yourself a fix

[heninur]

"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 better control emotions than eliminate emotions. but I am confused, can emotions be eliminated? I think just to control emotions is very difficult, let alone eliminate emotions, I do not know how.
emotions are not always bad, there is a positive that can be generated from emotions, namely a new spirit when we have lost, with the emotion, then we will easily get new enthusiasm to start again.

[Arthurian60]

The easiest way of loosing everything you have is to trade with emotions. Emotions is not going to help you in anyway at all. Trading with emotions means you will be stuck with one particular coin and will find it hard to sell. You feel it will come out good soon but that's wrong. Don't ever apply emotions when trading.

[btcyoda]

I hope emotions will not help us to make through trading because we need to have enough patience in order to lead the market. Sometime our emotion will easily lead to losing our money, so it is always good to control your emotions when you are at trading through patience we will make some profits.

[lovesybitz]

I think emotion will always be there every time we are in the platform exchange, But as much as possible we supposed to have a self control on

it, for us to avoid loss of capital or our coins. On this way, we can enhance our skill in doing trade in the platform as time goes by, isn't right?