Do You Need To Put Your Emotion in Trading ?

[Bezobraznike]

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?

   I agree with you, emotions can`t be avoided in trading. The worst from all is greediness, when people wish too much. Only with time we build ourselves,
we practice calmness, patience. Those are good skills to practice, but many times we make decisions based on big wishes, when we are nervous cause
of some lose and we want to make more with next trade.
   Emotions are always present, what we can do is to practice how to make decision with our mind in trading, not with our heart.

[Aivaryamal]

In this case, you need only a cold head and a calculation plan at what percentage to fix the profit, otherwise it may delay and the trader will have to wait a long time for a new price increase

[Ridwan Fauzi]

Sometimes you need emotions when trading. Emotional doesn't always have an adverse effect on your capital losses, but with a note you are familiar with the conditions of the cryptocurrency market or in other words you have been trained when trading in cryptocurrency. For example, you have made a profit but after that you see and predict the market conditions will continue to go up so as you do not take the profit you have earned but you continue to hold until the second target you want is reached.

[Inikoo]

It depends on what emotions we are talking about, some of them really need to get out of the picture, basics things like do not sell, as long as it it below the buying price for example. I do not think it help people, but on the other hands, some emotions may be helpful, especially if someone has a good sense to that.

[jony35490]

If we want to be a successful trader and if we want to make good profiits every trade, then we need to set our emotion aside. Cause emotional people can't get success in trading field.

[Johnzky]

Either both i believe that emotion must be taken away whenever we are engaging in trading ,because look how is the effect of being emotional trader.

Once the value get drops,your emotion will dictate you to sell all your coins to stop losses

ANd when the value of coins grows same emotion will dictate you to buy another

This two scenarios are both mistakes because patience is the key to success

[tosmartak]

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?

Being emotional when it comes to trading can be extremely jeopardizing. One mistake a lot of people tend to make is to not even learn and practise enough to be able to gain huge confidence before even deciding to trade in the first place and in this kind of scenario, when all you do is gamble your postions in the market, the chances of ending up making silly mistakes and getting all emotional will always be there.

Trading makes sense when you are executing your strategy, discipline enough not to think twice when making these strategies to make trading decisions, fine tuning it over time, and getting better, I believe that is what makes a professional trader different from a careless newbie trader.

[gamalzour]

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.

You decide this on the basis of the benefit that you can probably achieve in the business if you put in the emotional factors in the trading. In my opinion, greed is something that helps you quest for more and more that we call the term monotonacity in economics which means that more is preferred. Moreover, there must be good strategies that do not let you loose much in the market and rather earn big. Stay away from the worst side of greed in business.

[Ranly123]

"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?

There is no need to be emotionally aftected in trading. Only if the trader knows the risk he is taking to and do what he think is good. But when bad times comes in trading of course,, we should consider it a consequence for asking a chance to have a good profit.

[Usafstar]

Trading is very sensitive job and for me it is very important because i have lost some money in the past due to emotion and hurry so now i am confident and i have suggested this to every trader that do your work professionally without any emotions and most of the traders are successful because they know that emotions should keep at home.

[naidray]

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?

Emotion are part of us as humans, but what makes you a professional trader is your ability to stick with your strategy, have self-control, learn how to execute them perfectly well, know what to do at every point in time when it comes to buying, selling and stopping loss, and sticking with it.

In this kind of case, there is actually no way you will end up being emotional in your style of trading, knowing that your strategy execution is all you need and as you keep doing this, you will keep gaining more confidence and before you know it, you will realize the level at which you are making trading decisions without emotions at all.

[Robertqueen2]

It crucial to eliminate emotions when trading especially when you depend on trading as the major method of your revenue. The space of trading has become more challenging and this entails having a practical perspective in the domain in line with a strategic plan because the marketplace is more dynamic these days. That is why I'm with the school that calls to eliminate of emotions in trading.

[gurupauts]

I think, to be able to succeed and get profit in trading then we must be able to control emotions well and stay calm with any conditions, maybe we need to put down emotions but have good emotions and be passionate about getting better

[omonuyak]

If you know how the cryptocurrencies market works you will not need to bring your emotions in. Trading has to be real to you the way every other business is to you, if you treat trade in other ways there is no way you emotion will not rule it. Remember, that you need to know what you are really doing just the same way it is in other business. Your knowledge is what kill emotion and I think that is the most important aspect of trading (knowledge, understanding and skills).

[Agapelove]

In times of losses that is where stresses come from. When stress, people can't think of the right things to do just like in trading. Panic may disrupt your rhythm and may result to panic selling. Always remember that cryprocurrency is very volatile so trading woud require great skills and techniques.

[Rana590]

You need be cool in the trading. We can't predict about loss and profit always. Tragedy can be happened any time. We should keep calm at the time of loses. We should control our emotions in the trading.

[EXtremeAEX]

I don’t know what the "two schools" are and from what source you took it.
But I am sure that a person cant deliberately get rid of emotions at all, therefore I call into question the existence of the "first school".
Think about it yourself, can a person completely get rid of emotions?
Especially if we are talking about making money and that the vast majority of traders trade with their own money. This fact itself can no longer make a trade devoid of emotions.
A completely different conversation, when the trader, is trying to take control of his emotions (emotions which make it difficult to make the right decision). This is a great option.
I also met a sufficient number of people who trade without limiting their emotions. Unfortunately, their trade results are often low.

[xIIImaL]

You need be cool in the trading. We can't predict about loss and profit always. Tragedy can be happened any time. We should keep calm at the time of loses. We should control our emotions in the trading.

Trading platform both loss and profit is possible but we should not control our emotion. Because once control the emotion we should agree any situation then we will never try carefully in next investment. So I suggest to reflect our emotion because then only we never mistake next time in crypto trading. Most the experts are earn continuous profit in trading platform so we also success in all the trading.

[Bardadym]

As they say great traders who have achieved something, everyone says that emotions need to be turned off, but even professionals do not always manage to do it!

[Biscutard]

Why would someone need to put their emotion when trading if our emotions can alter everything of what we do because we can't control the market situation. Someday you will find yourself thinking how much i had lost when the time i put my emotion every time i am trading. It's not necessary to put all our emotions when we do trading, somehow our emotions can sometimes help us to motivate our self but don't put too much of it or else you will lost yourself.