Do You Need To Put Your Emotion in Trading ?

[bitbunnny]

Emotions in trading could cause you a big stress but on the other hand it's hard to be fully cold, we are not machines. The key is find some kind of balance between cold mind and the heart because sometimes you just have the feeling if something is wrong or right, we have all experienced that.
One emotion that you never, ever should give a chance is panic, this can really cost you a lot and it will totaly blind your common sense.

[knightmairesaint]

Emotions in trading could cause you a big stress but on the other hand it's hard to be fully cold, we are not machines. The key is find some kind of balance between cold mind and the heart because sometimes you just have the feeling if something is wrong or right, we have all experienced that.
One emotion that you never, ever should give a chance is panic, this can really cost you a lot and it will totaly blind your common sense.

Well this is the emotion that wins for most traders, especially newbies and weak hands, when all they need is to calm down and think thoroughly what to do. Yeah, seeing your investments loosing profit is sad, frustrating and etc but if negativity wins you over then you will lose more than what you have already. Trading is fun, exciting but the market is very playful and it will play you, will urge you to have mixed emotions at the same time. 

[Finestream]

Emotions in trading could cause you a big stress but on the other hand it's hard to be fully cold, we are not machines. The key is find some kind of balance between cold mind and the heart because sometimes you just have the feeling if something is wrong or right, we have all experienced that.
One emotion that you never, ever should give a chance is panic, this can really cost you a lot and it will totaly blind your common sense.

Right.We cannot totally disregard our emotions in trading knowing that we are just humans.We need self-control all the time.If we want to make a good trading,i think we should focus more on profits and not on emotional satisfaction.Yes panic selling will really make the situation worst in the end.

[haroldtee]

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.

As a trader, you should not be a reactionary one, but an anticipatory trader. Also, one major rule of trading is to never trade what you feel but what you see. Trading is a huge ball game that you really need to curtail your emotions and be sure you have done that before trading the real world. This is the reason why strategies are very important and if you try to trade without strategies and a good plan upfront, there is no amount of curtailing you will do to be able to get rid of emotion. So, one way or the other, emotion can only be put in check with knowledge.

[Rebisco]

There is a high chance that you will experience losses if you will put your emotions when you are trading. We should always self control for us to put our emotions away.
We should also remember that one mistake can lead to losses. We can avoid panicking if we will not put our emotions.

[futile-resistance]

"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 don’t see any difference in the two explanations you have made. Eliminating your emotion is the same thing as controlling it. Lol, what’s the difference there? The main point is just don’t trade with your emotions. Risk is part of trading, so be ready to take that risk, cause no risk no reward.

Why I said there are no difference is because when you’re controlling your emotion you’re also doing the same thing as trying to eliminate it. So there is difference, just don’t trade with your emotion.

[drachman]

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.

That is something I have noticed as well, my biggest mistakes have happened when I had let my emotions take control of myself and the most difficult part to accept is that deep down I know what it is happening and yet I am unable to stop myself from doing all the wrong moves that I know are going to cost me money, that is how powerful those emotions can be and why it is important to dominate them.

[CoopHarley]

i heightened discipline in tradeing. if you let your emotion get in trading you will lose

[nl247]

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

It is simple! Put your emotion in trading and you are screwed with your emotions. Trading is all about taking a risk but at the same time realizing that you cannot always be right which is why there is what is referred to as risk management which a lot of people usually do not understand. Now, when you trade with your emotions, there will always be an issue when it comes to trying to make important decisions in your trade as the case may be. Always and always keep your emotions in check and trade what you see decisively.

[MrVuuu]

I think in trading there is no place for emotions. Most traders lost their deposit in the beginning because of emotions. Acting strictly on the system for a long distance always get a plus

[cintasilious]

i heightened discipline in tradeing. if you let your emotion get in trading you will lose

This is a very old topic and almost everyone here has written against the emotional trading so yes you should not do that. Do not you see the guys who have lost everything due to emotional trading?

[playboy654]

No need to do that,if we do then we are making the things more complicated to be honest.Trading should be based on decision making so when we are having emotions then we are not able to decide what can we do next.

[BlackPanda]

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

It is simple! Put your emotion in trading and you are screwed with your emotions. Trading is all about taking a risk but at the same time realizing that you cannot always be right which is why there is what is referred to as risk management which a lot of people usually do not understand. Now, when you trade with your emotions, there will always be an issue when it comes to trying to make important decisions in your trade as the case may be. Always and always keep your emotions in check and trade what you see decisively.

That is an unavoidable risk. In trading, we must be able to do risk management as well as possible. We will not always win and we will not always lose. so for me all we have to do is always try to do the best. Trade with full energy and do the best analysis possible. When we have done our best, we will get closer to success.

If all of you decide to trade, all of you must be prepared to exercise control over emotions. Trading requires courage and calm in making every decision.

[mirakal]

No need to do that,if we do then we are making the things more complicated to be honest.Trading should be based on decision making so when we are having emotions then we are not able to decide what can we do next.

Lack of control on your emotion will mess your journey in trading.

It has been known that trading is risky type of venture and you need to have an effective strategy in order to be profitable.
When we say strategy, it does not involve our emotion, we use the full function of our brain, and we should continue to do that until we get consistent in making good decision, that's my understanding on how to be successful in trading.

[nydiacaskey01]

While it is easy for us to say not to give a space for your emotions while trading, as humans we are weak in controlling our emotions. Best thing that we can do is before we make a move and specially if its a major one that involves a huge amount of money, ask around if what you plan to do is feasible that way you will get to listen other opinions that might help you change your mind instead of just following your emotions.

[pundit]

If one includes emotions in trading then he cannot survive in the market for long, emotions are the biggest enemy in trading I think, trader should rather be disciplined with a sold plan. There should be a deep analysis before taking any trade and it should have strong plan, if trade goes against you what is your SL, if trades goes in your favour what is your TP. One should patiently wait for the right time to take any trade, there is no place for emotions in it.

[proTECH77]

I think the subject of the topic is much simple putting emotions into anything could lead to some critical devastation which could lead to lose or gain depending on how the emotion play-out. When trading at lose, one should not allow emotions to have control over the trade, also, when gain emotion could also play an important role to make more of it but nevertheless, emotions in man should be control by all means and not allowing it to control him.

[ongkok87]

if in my opinion the emotion is necessary in trade but you must be able to control that emotion, because if it is too over emotions it can cause you loss or loss when trading

[loloos]

In trading there should not be any emotions and personal feelings.
When you put your emotion in  the trading you cannot trade properly in the market.
Emotion makes the person weak in the trading.

[gurang]

"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?

we dont ever need it emotion is the one who can kill us emotionally so never accept it on your life emotion can destroy us especially on having a business