Finestream
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December 04, 2018, 10:54:15 PM |
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Of course yes! We need also to react base on our emotion but not all times and not exaggerated. Sometimes, we react on a situation based upon our experience. That is how we use our Emotional Quotient. If you experience in a trap before then you will not hessitate to do the different situation unless you have the risk or you have second plan whenever your execution fails
But that is precisely the problem with using your emotions when you are trading how do you know that you are using your emotions in the right way and that you are not overreacting to what's happening in the market? This is why one of the most common advices is to leave your emotions behind you because that way the way you trade is going to be a lot more predictable. You got the point and I don't see that someone can able to differentiate emotions on a exaggerated manner or just on a typical reaction on what we are doing or on how the market moves. Being emotional on such actions doesn't really fits out here on trading because if you do let yourself being controlled of your emotions then most likely decisions would be mainly affected. Exactly.There's no place for an emotional people especially in trading.Trade only to gain huge profits and not to satisfy your emotions.Because if you will be controlled with your emotions,of course you will not end up as a good trader but rather a loser.
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iMark
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December 05, 2018, 01:57:10 AM |
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Of course yes! We need also to react base on our emotion but not all times and not exaggerated. Sometimes, we react on a situation based upon our experience. That is how we use our Emotional Quotient. If you experience in a trap before then you will not hessitate to do the different situation unless you have the risk or you have second plan whenever your execution fails
But that is precisely the problem with using your emotions when you are trading how do you know that you are using your emotions in the right way and that you are not overreacting to what's happening in the market? This is why one of the most common advices is to leave your emotions behind you because that way the way you trade is going to be a lot more predictable. You got the point and I don't see that someone can able to differentiate emotions on a exaggerated manner or just on a typical reaction on what we are doing or on how the market moves. Being emotional on such actions doesn't really fits out here on trading because if you do let yourself being controlled of your emotions then most likely decisions would be mainly affected. Exactly.There's no place for an emotional people especially in trading.Trade only to gain huge profits and not to satisfy your emotions.Because if you will be controlled with your emotions,of course you will not end up as a good trader but rather a loser. There have been many cases that emotions will only make you panic and not do something rational to make choices, because you are more likely to use your emotions and feelings to make decisions and that is not good at trading, yeah you will end up losing if you play emotionally dude
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duyduc256
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December 05, 2018, 02:54:02 AM |
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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.
Without a doubt it is very difficult to leave your emotions behind when you are a trader but it's something that must be done, there are so many examples of people trading with their emotions and then losing all their money by doing it that there are many books that make some of their first lessons to try to make you to control your emotions, that should show you how important it is. I have encountered many problems when trading and the main reason is my feelings. Most of the time, when we trade we are always in a bad situation because the market is in a downturn which makes it difficult for us to concentrate. I think emotional control is impossible at this point and we should do it again when the market enters the uptrend.
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Savemore
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December 05, 2018, 03:27:29 AM |
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Putting your emotions while you are trading is one of the worst decision that you'll ever make. You will easily lose your investment if you will not control your emotions because you can't create wise decision.
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rose9696
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Activity: 770
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https://streamies.io/
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December 05, 2018, 03:35:39 AM |
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I know that emotions will have a very negative effect on our portfolio. We can not become a machine, we always have emotions. So I usually make safety plans and set goals for profit. I always place orders for profit and stop-loss at a certain level. It will help more than we try to eliminate emotions.
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JRoa
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December 05, 2018, 03:45:40 AM |
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"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?
You should not put your emotions if you are trading. Emotions of one of the factors why there are traders who are losing their money. We should improve our self control for us to not carried away by our emotions.
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Helpme_please
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Activity: 633
Merit: 10
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December 05, 2018, 03:49:11 AM |
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Putting your emotions while you are trading is one of the worst decision that you'll ever make. You will easily lose your investment if you will not control your emotions because you can't create wise decision.
one of key success in our trading result was controlling our emotion and psycology.if we could not controll it maybe we could easily be panic when market goes down sharply.
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herurist
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December 05, 2018, 09:00:35 AM |
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"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 follow my rules not emotion, meaning take control it and never use it at real market in every situation. This is what happen if you use market as place to learn about invest/ trade, meaning learn and works direct on the fields. In many cases this is the best school but in reality could be nighmare.
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gurang
Jr. Member
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Merit: 2
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December 08, 2018, 12:37:19 PM |
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"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?
never put our emotion on that kind of investment if you don't want to stress never put your emotion and remember that always positive on what situation.
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kkaroul4
Sr. Member
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Betking.io - Best Bitcoin Casino
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December 08, 2018, 04:37:22 PM |
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no need to use emotions I think if we before starting a trade investment know all the risks that will be invested in investing in crypto currency beliefs and patience will reduce emotions
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larkinvain
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December 08, 2018, 05:35:51 PM |
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If someone ready to go for trading they must keep their emotion at home otherwise they will fall badly. Trading is a different part of a job there is no place for emotion. In trading, people should be patient and experienced with proper knowledge and strategic.
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gabmen
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December 09, 2018, 03:05:31 PM |
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no need to use emotions I think if we before starting a trade investment know all the risks that will be invested in investing in crypto currency beliefs and patience will reduce emotions
Yeah it's mainly because giving in to your emotions make you do unplanned decisions based on short term instances. It results in panic or fomo, both of which can be very dangerous most of the time.
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mklost
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December 09, 2018, 06:31:30 PM |
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Emotion is nothing but a bad quality if you put it in trading because emotion brings trouble rather than bring success. So trader should be emotion-free while trading emotional traders cannot be happy in trading. So to be a successful trader need to avoid emotion.
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Timmzzy
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Activity: 785
Merit: 34
SOL.BIOKRIPT.COM
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December 09, 2018, 08:16:48 PM |
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"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 won't even dare advice any one to put up emotions first when it comes to trading, take it off and learn to control every moment. Definitely having emotions is not bad but with the aspects of how it's been use is the best part.
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Pagoda.to
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December 09, 2018, 08:19:45 PM |
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The hard part is learning to control emotion, which is why trading is definitely not my strong suit
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suman mark
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December 10, 2018, 03:53:02 AM |
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In trading there should not be any emotions. If you put your emotion in trading then you cannot make the transactions in the good way and you cannot earn the profit.You will be get stressed and can't be able to run the business in a good condition.
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kidoseagle0312
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December 10, 2018, 06:01:52 AM |
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We cannot remove our emotion in trading actually. The only things we should learn and do is that we must have a self-discipline to control our emotions properly and use it in a right way, not in the term that our capital will get affect on it. Like for example if we panic is it one of the bad things of emotions that is not supposed to be apply when we do trade in the market.
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bummm
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December 10, 2018, 12:55:56 PM |
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I know that emotions will have a very negative effect on our portfolio. We can not become a machine, we always have emotions. So I usually make safety plans and set goals for profit. I always place orders for profit and stop-loss at a certain level. It will help more than we try to eliminate emotions.
Naturally, a human being cannot be emotionless. However, the problem exists: many traders become very nervous when they see their altcoins and BTC are falling. This emotional stress can let them make many mistakes.
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Leonard2016
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December 10, 2018, 03:11:57 PM |
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I have bad memories of putting emotion on trading , I still couldn't make it up and I regret it , I think non emotional trading works better and I am trying to kill my emotions in trading , I can't do it 100% but I do my best to do non emotional trading .
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Sinone
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Activity: 597
Merit: 10
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December 10, 2018, 06:17:28 PM |
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Putting emotion in trading almost like inviting big damages. Emotion is a shallow quality for a trader so while trading investor should be free from emotion. An intelligent and strategic trader never put his emotion in trading because they know emotion can bring disasters so avoid emotion.
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