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Author Topic: Do You Need To Put Your Emotion in Trading ?  (Read 2467 times)
readygoaw
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November 11, 2018, 06:14:32 AM
 #101

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

For profit in the trade you need to be able to get rid of emotions but it is very difficult to do. I have been trying not to panic for a long time when there is bad news but I do not always succeed.
avarnet
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November 11, 2018, 06:19:27 AM
 #102

if I myself will not place emotions in trade, because using emotions if I think getting results is difficult, so the trade that must be matched is a great sense of patience so that we can get good results and want too

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bryant.coleman
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November 11, 2018, 08:53:27 AM
 #103

From what I have noticed, if you stick to your profit booking and stop loss targets while trading, then the chances are that you will end up with positive returns. But when people get too greedy, they don't care about these targets.
Tervelatuk
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November 11, 2018, 09:04:43 AM
 #104

From what I have noticed, if you stick to your profit booking and stop loss targets while trading, then the chances are that you will end up with positive returns. But when people get too greedy, they don't care about these targets.
they want to take profit as much as possible.but didnt think if price could move up and down opposite with their position and finally reduce their profit.even make them suffering loss.
tbterryboy
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November 13, 2018, 06:01:30 AM
 #105

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.
There are some things in life that require emotion, but as far as I am concerned, trading is not one of them. In fact, when it comes to trading, this is one you should be having the heart of bot (considering that bots have no heart). When it comes to trading, applying emotion is something that will really jeopardize your account, put you into the path of more mistakes and before you know it, you just simply end up getting frustrated. Strategy and knowledge is all you need when it comes to trading and anything outside that, you are just going to end up flopping really bad.
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November 13, 2018, 07:01:07 AM
 #106

In my opinion, don't bring emotions in trading because it could cause losses. When you're angry you can't focus
what's in front of you. In the world of trading we have to always be patient towards what happened.
moneymakescents777
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November 13, 2018, 07:04:52 AM
 #107

No emotion into trading, just pure trading.  Buy low, sell high.  My latest major investment is in the crypto - Canya Coin CAN.  Massive dump, I purchased at the bottom and now she is rising to the moon
gorodi
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November 13, 2018, 02:32:17 PM
 #108

if I myself will not place emotions in trade, because using emotions if I think getting results is difficult, so the trade that must be matched is a great sense of patience so that we can get good results and want too

The trader should forget about his emotions and work using his brains only. The emotions will not let him take the right decision, and sooner or later, he will make a fatal mistake and lose everything.
Stargazer
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November 13, 2018, 04:02:47 PM
 #109

Before starting trading traders need to keep their emotion at home. There is no place in trading for emotion if you are not emotion-free then you cannot do something well in trading. Though we are a human being we belong emotion by born so as much as possible we have to avoid emotion while trading.

Adriano2010
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November 13, 2018, 04:27:45 PM
 #110

I trade as it is without emotion, even if i will have a loss this is it and i continue without look behind, even if i'm a bit sorry after loss. I like to trading and i like to hold and not trading in a hurry, i trade in medium or long term because is not so stressfull for me, and i not have time trading every day.
Swissman88
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November 13, 2018, 04:35:28 PM
 #111

In trading, emotions are the worst enemy. They can make you take bad decisions and lose a lot of money.
A trader is not looking for emotions, a trader is looking to make money.
If you are looking for emotions, go for extreme sports

If trading causes you strong emotions, it means trading is not for you.
Price increases and decreases must not have an emotional impact on you, otherwise it may cost you a lot of money.. Tongue
Souldream
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November 13, 2018, 04:58:27 PM
 #112

In trading, emotions are the worst enemy. They can make you take bad decisions and lose a lot of money.
A trader is not looking for emotions, a trader is looking to make money.
If you are looking for emotions, go for extreme sports

If trading causes you strong emotions, it means trading is not for you.
Price increases and decreases must not have an emotional impact on you, otherwise it may cost you a lot of money.. Tongue
I do agree because emotion will be bothering you to make wise decisions. And as you can't make a decision wisely, it may led to you losing what you have and will be a hindrance to reach your goal of earning. Maybe you should learn how to control and handle emotions so that it will not cause any negative things while you are in the process of making money.
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November 13, 2018, 05:13:50 PM
 #113

Before starting trading traders need to keep their emotion at home. There is no place in trading for emotion if you are not emotion-free then you cannot do something well in trading. Though we are a human being we belong emotion by born so as much as possible we have to avoid emotion while trading.

It is easy to say but in the reality it is so hard to do. Emotion is human nature, it comes anytime anywhere without pernissions. Even if you leave your emotion at home (although I'm not sure how you do it LOL), but emotion will always be with you. You only need to learn how to manage your emotion on some situations.

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Marcel555
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November 13, 2018, 05:58:36 PM
 #114

It is utterly impossible to trade without emotions. And emotional trading is a recipe for failure, so a good trader should learn the art of training themselves mentally and reducing the effects of emotions on their decisions to the bearest minimum.

It's not about what you want the market to do, it's about what you have analysed that could happen based on available tools and guides.
drachman
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November 14, 2018, 04:05:23 AM
 #115

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.
i know what you mean. But i see some time my team and me looking the chart and market then we're scared the downtrend and cut loss very soon. So i think this is the problem when we trading without emotions. Anyway, thank you
You need to find a way to trade in which you find yourself comfortable, for example I am a very analytical person, so I prefer to leave my emotions behind when I trade but if you find that you benefit from using your emotions in the way you trade then there is nothing wrong with adding a little bit of that into your trading, just remember as I said that if you want to be consistent you cannot be that emotional.
MFahad
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November 14, 2018, 05:55:03 AM
 #116

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

For profit in the trade you need to be able to get rid of emotions but it is very difficult to do. I have been trying not to panic for a long time when there is bad news but I do not always succeed.

The emotion mainly comes in play when you are in a loss. Once you see you are in loss, you tend to take emotional decisions like re-buy at lower price or sell in loss to jump in another coin etc. These types of things result in wrong decisions and eventually one loses more.









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Siren
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November 14, 2018, 06:08:02 AM
 #117

Our emotions are part of the decisions we’ve made in life specially when this will effect our financial aspect and this investment is not far from that
As a starting trader i am using another strategy ,not just TA and speculative instead i am putting my instincts when deciding,and luckily i am successful in my so far trading,though i know theres no permanent winning in this riskiest area of profiteering
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November 14, 2018, 07:08:35 AM
 #118

Sometimes it's very difficult to put aside your emotions when trading. But in the real sense, applying emotions in trading is the easiest way for one to lose everything. Emotions will always push you to want gain more and in that process, you will find yourself losing everything profit you have worked for. Don't apply emotions when trading.
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November 14, 2018, 10:28:32 AM
 #119

for me, emotion is what drives me to stay in crypo and continue to do work for profit.
emotions can be controlled if we are not greedy and able to think rationally. in commerce we need emotions not to give up easily, and we must be able to control those emotions so that we don't make hasty decisions.
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November 14, 2018, 10:42:05 AM
 #120

Crypto trading is not just for emotional people. Those who can become emotionless in trading, they can benefit from cryptocurrency. Emotional trading will be a loss only you can not get any profit. So if we want to be a good and successful crypto trader, then we have to put our emotion aside.
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