Do You Need To Put Your Emotion in Trading ?

[emberbekas]

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

Emotion is something that we can't eliminate in every action we make. Before we trade, it's better to make several plans and after we are in active trading, we must remain discipline to follow our plans. Don't let our actions be disturbed especially by our feelings. It will be so hard to do so but we have to try it because to be able to stay discipline, we need a lot of practice.

[iv4n]

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

Emotion is something that we can't eliminate in every action we make. Before we trade, it's better to make several plans and after we are in active trading, we must remain discipline to follow our plans. Don't let our actions be disturbed especially by our feelings. It will be so hard to do so but we have to try it because to be able to stay discipline, we need a lot of practice.

It`s same with risks, you can`t eliminate risks like you can`t eliminate emotions, what we can do is to control them until some point. You can`t trade with coins you don`t believe in, if you don`t think they will rise eventually, that is some emotion, same is with selling, if you don`t feel some coin will rise by all informations you have you will sell, based on your feeling.
Bottom line is that anyone can look at charts, anyone can make technical analysis, watch what others saying, but in the end we do what we feel its the best. That feeling is some emotion, and you need to know how much you are ready to risk, more you risk, stronger emotions will be, with every win or loss.

[samycoin]

I think no because sometimes emotions will bring you more in disappointing stage because you will be excited to what's will be the outcome. Much better to hold your emotions in crypto because everything wi be unexpected.

[Kimi80]

There is no way to eliminate emotions except maybe by using some medicaments, which is ridiculous and unacceptable. You can only control them to one point. There will be days when we are crazy, nervous etc, for no particular reason and it is THE test for control of the emotions. I am very calm and reasonable person by nature and I have massive problem to control my self when I fell very nervous. Only thing that gave result is to quite the thing that I am doing (trading for example) and to do something that will bring balance to my psychological and emotional condition.

To repeat: There will be days when you are totally helpless trying to calm down and, by my opinion, only good choice is to quit on hour, two,five hours... entire day if necessary, because it is not your day. As soon as people realize that, positive things will happen in their trading routine.

[LuvCyanide]

This is a very good quality to be able to manage your emotions. I used to trade on emotions, it's wrong. This greatly affects the outcome in a trade.

[Lights21]

In trading there should not be any emotions, Its common that the ups and downs in the trade market.
If you put your emotion in trading then you cannot trade properly.
Emotion makes the man weak and he cannot concentrate on the trading in the right way.

[ginobitcoiner]

of course emotion is indeed one of the dangerous aspects of trading, emotions are always a problem when you place them at the wrong time, emotions will trap you at a loss.

[pinkpanther03]

We cannot trade without using our emotion pal, you must bear that in your mind. We are human trader, and we cannot take action or decide if we are not using any emotion. Because if not, it means you are dead. Just make sure that we use our emotion in good way not in bad way of course or else we can loss our capital in the end.

[glowing10]

of course emotion is indeed one of the dangerous aspects of trading, emotions are always a problem when you place them at the wrong time, emotions will trap you at a loss.

Trading is not about the emotions it is about strategy , market situation , volatility ,right buy and sell without getting too much greedy. It an art to trade and even it is highly risky so people who are weak heart must avoid trading as it can be highly risky and require lot of patience .

[syamster]

of course emotion is indeed one of the dangerous aspects of trading, emotions are always a problem when you place them at the wrong time, emotions will trap you at a loss.

Yeah as good business men often says that in business your emotions are the only thing which can either make you win huge or lose all so I think it is not good to rely on your emotions for starting a business specially if you are a trader. So I think keep your emotions aside and do what your mind says. Just don't spoil your profit in any kind of situation.

[historicalcoin]

This is a very good quality to be able to manage your emotions. I used to trade on emotions, it's wrong. This greatly affects the outcome in a trade.

I feel the same because assuming the investors rational, none of them is going to invest in the coins and out in the emotion. So this is one of the good things that you avoid putting in emotions in trading.

[concitta]

emotions are closely related to our maturity in analyzing coins, and everything runs spontaneously in our thinking. the most important thing is not to put emotions in the scope of luck entirely, even though sometimes it works but trade can be determined by technical analysis, all can be counted even if not 100% accurate.

[Cling18]

Putting too much emotions for trading would just affect our way of trading negatively. We should know how to control our emotions and just focus on the positive things that might happen along our journey here in crypto. We should focus on the brighter side to get rid of losses.

[btcyoda]

We need to control our emotions when we are into trading because it will bring down your patience and start selling them for cheap prices. Some time emotions will work for you to make a huge amount of money but in most of the cases, it is impossible to make money through emotions.

[Sengoko]

of course emotion is indeed one of the dangerous aspects of trading, emotions are always a problem when you place them at the wrong time, emotions will trap you at a loss.

Yes, emotions will trap us. Traders will be getting emotion failure when they are  seeing profits and also when they are facing losses. That is the reason it is always recommended to treat both losses and profit as a same thing. If you do not get excitement on seeing profits and not getting frustration on facing losses will be the only way to be successful in trading.

[Fredomago]

of course emotion is indeed one of the dangerous aspects of trading, emotions are always a problem when you place them at the wrong time, emotions will trap you at a loss.

Yes, emotions will trap us. Traders will be getting emotion failure when they are  seeing profits and also when they are facing losses. That is the reason it is always recommended to treat both losses and profit as a same thing. If you do not get excitement on seeing profits and not getting frustration on facing losses will be the only way to be successful in trading.

Instead of placing emotions it should be dedications that's needed in order to earn from this market, if you pursue and keep doing your job finding good references before placing any entry, then you will be able to make a good call and always at the right position, emotionless trading is far better than dealing with it which you won't be able to overcome fear and greediness.

[Kahoy01]

of course emotion is indeed one of the dangerous aspects of trading, emotions are always a problem when you place them at the wrong time, emotions will trap you at a loss.

Yeah as good business men often says that in business your emotions are the only thing which can either make you win huge or lose all so I think it is not good to rely on your emotions for starting a business specially if you are a trader. So I think keep your emotions aside and do what your mind says. Just don't spoil your profit in any kind of situation.

As a trader, I prefer to keep aside my emotions for me to create and choose right decision. I always removing my emotion because I am aware that I can lose big amount of money if I been carried away by my emotions.

[KnightElite]

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

Emotion is something that we can't eliminate in every action we make. Before we trade, it's better to make several plans and after we are in active trading, we must remain discipline to follow our plans. Don't let our actions be disturbed especially by our feelings. It will be so hard to do so but we have to try it because to be able to stay discipline, we need a lot of practice.

If we have discipline to ourselves then we can control our emotions. Yes it is hard to control our emotions but there are many information in the internet for us to control it and make a right decision when we are trading.

[sopanbmp]

your opinion about these two schools?

I love number 1. reason : I've experience in trading used my emotion to trade that always ended bad. try to not using emotion in trading is the perfect option to be a master of trader

[fullhdpixel]

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

Emotion is something that we can't eliminate in every action we make. Before we trade, it's better to make several plans and after we are in active trading, we must remain discipline to follow our plans. Don't let our actions be disturbed especially by our feelings. It will be so hard to do so but we have to try it because to be able to stay discipline, we need a lot of practice.

I agree that we cannot eliminate emotions completely but we should be able to control it whenever we need to do so. Because without controlling emotions, you will never find success in our life. Emotions are part of life but it will lead to deviate from our original trading plans. If you want to follow your trading plans then you should be capable of controlling your emotions. Trade as per your plans that is the only way to make profits.