First hand examples of Emotional trading

[Finestream]

- You feel so greedy and you want to make a profit of 150% overnight
- You take too long to decide when to sell off or buy
- Your buy or sell actions are often determined by sudden price changes i.e. Buying coins at peak price and panic selling them off at bottom prices.

you are absolutely right when the emotions will mix up with the trading the above mentioned points are definitely came to our subconscious very easily and it takes a long time to vanish in our mind so this will definitely not so good for trading.

I agree.Being greedy and sometimes having fear of missing out will not do good in trading anymore.Most of the time when we are over ruled by our own emotions,we end up making our trading a failure one.So as much as possible,we should learn how to control our emotions and trade only for profits and not with emotional satisfaction.

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[Matthewmorris4]

Since sometimes trading is 60-75% controlled by emotions, this was hard enough to not greedy at all.
- Applied the strategy to another coins which has the same pattern and the almost same of coins marketcap
- Put the goals too high, sometimes we hope at more than 10% in 3 days. At bearish market we must see the real condition, don't put the goals too high.

[Indrawan77]

There are so many times I feel superior after get some profit from several trade and could buy the coin without any proper searching, and when I lose my pride get hurt and try to cover the lost by buying it more, and when I was beginner I easily belive all the news and buy the coin that suggested in the group signal, whenever the group said that the coin got chance to grow I will buy it, and I end up with bags of useless coin

[Moiyah]

What are some examples of when emotions mess up your trades?

I admit that emotions will messed up everything in trading.. Panic is the no. 1 emotions when the chart seems going in the opposite side with my expectations.Greed is the next emotion that will destroy your strategy. I've experienced that many times. What I did was to take time, and did not do an entry for a couple of days.

[wuvdoll]

I admit that emotions will messed up everything in trading.. Panic is the no. 1 emotions when the chart seems going in the opposite side with my expectations.Greed is the next emotion that will destroy your strategy. I've experienced that many times. What I did was to take time, and did not do an entry for a couple of days.

I guess all kinds of emotions are having their own way of consequences in our trading. I mean all of them are perfectly working against us to lead into losses. I did hear that greed helped some traders to make big money but I am sure they might have failed and lost big money out of the same greed.

In my long trading career, I have seen many occasions where my emotions had killed me almost. I started realizing like how weak I am in controlling my emotions then I started to trade emotionless. Still, I guess I am a greedy trader like targeting impossible things to make huge profits. I am a long term bitcoin holder, hence even if my other trading may leave me without satisfying my expections, I believe bitcoin will help me to fulfill my all greediness .

[goaldigger]

What are some examples of when emotions mess up your trades?

Have you ever been trading when your angry? I did it once and ive messed up. I end up getting annoyed on the small red numbers then end up selling at low price. It eventually goes up after a few hours and although the amount is not that high, i still get regrets about it. I never trade again having an intense emotion

[playboy654]

What are some examples of when emotions mess up your trades?

linear motion song mix it with your trading then you will not be in your correct way because it takes long time to investment for choosing a decision that to be very long period of time but in normal time we can make quick decisions and make investment very easily but at the period of emotional time we will change our confidence very low.

[mersal]

What are some examples of when emotions mess up your trades?

it is and very important topics to discuss when the emotions that messed up with our trading or any other business it will be done big trouble for us to do our proper work with very hard situation because we need money every time when we had some emotion to clarify but at that time we don't take a right decision when will be collapse and our work so it will definitely need a solution.

[davinchi]

Yeah, I had the same with my friend. There was couple of us in telegram chat talking and some of them were keeping sys in their exchange and believed it would go up. While we were talking the price of SYS suddenly increased and they were all becoming a bit more richer because it went up like 200% or so all of a sudden.

Another friend of ours suddenly decided to send his money to that exchange and buy SYS as well, because he thought the price was going up so why not. Of course just like anyone expects , dude managed to send his money so late that he bought when the price was already high and the price went down after he bought. All because he did something with his emotions and rushed a trade without actually thinking about how he is getting into it after it went up.

[SkustaClee]

What are some examples of when emotions mess up your trades?

There are many situations where the trader panicking. The best examples here are the traders who lose in trading, they are doing overthinking about the loss that they experienced. They can't focus on the decision that they should do and that's why they cannot manage their emotions when they are trading.

[Vanshenz]

What are some examples of when emotions mess up your trades?

lots of examples of chaotic trading because of emotional, one of which is my experience.
when I traded with ethereum, ethereum always experienced an increase in prices and made me get a big profit, but because I felt greedy and wanted to get more profits, I decided to keep holding it back and not sell it. As a result, the longer I endured the ethereum price declined, and I lost my initial profit.

[whirlcoin]

What are some examples of when emotions mess up your trades?

I feel stressed when we need to face some emotion while we are making money from cryptocurrency field otherwise there is also same strategy in work and confidence but making the decision will be not more quickly than before.

[Botnake]

What are some examples of when emotions mess up your trades?

The best example for me was when I choose not to sell during the bull run.
Now, I'm still holding my tokens and I'm kinda making some regrets and fantasizing things that I could achieve and enjoy now
if I made the right decision during the bull season.

[superstarbtc]

in any financial market, the pressure on trader increases once the market see downtrend then the trader should have the emotional balance to handle the pressure and wait for right opportunity

[shesheboy]

What are some examples of when emotions mess up your trades?

The best example for me was when I choose not to sell during the bull run.
Now, I'm still holding my tokens and I'm kinda making some regrets and fantasizing things that I could achieve and enjoy now
if I made the right decision during the bull season.

Its not the emotion's fault because you are not emtional that time . being emtoional means a trader/invester is affected too much in a dip and result for him to sell his assets at a loss because he wont accept if he will loose again . 

Your decision making is the one that screw's you that time because you think that the prices can rise more but unfortunately they dont  but dont worry because crypto can probably rise back again in the future  .

[Bagaji]

What are some examples of when emotions mess up your trades?

When you lose trading and you later realize that you shouldn't have lost that trade but it happens mainly because you didn't follow your trading strategy before the trade was made you will realize that it was an act of emotion that you took that decision.

[milewilda]

What are some examples of when emotions mess up your trades?

The best example for me was when I choose not to sell during the bull run.
Now, I'm still holding my tokens and I'm kinda making some regrets and fantasizing things that I could achieve and enjoy now
if I made the right decision during the bull season.

You arent the only one who do have such regrets even myself still having those nightmares of Dec 2017 bull run when we do see bitcoins price hits up 20k usd each.Due to our fuck*ng
greediness of making more profits we do chose up to hold instead on pulling or selling out to secure profits.We are emotional on those times because we do feel that it might even more shoot up
its price to gain more profits but sadly we do see the other way things around.

[Kelvinid]

What are some examples of when emotions mess up your trades?

When you lose trading and you later realize that you shouldn't have lost that trade but it happens mainly because you didn't follow your trading strategy before the trade was made you will realize that it was an act of emotion that you took that decision.

Our emotions will sometimes give us good and bad results but for trading, it is giving more losses which we could really regrets after.
As we go into trading, this is the most important thing be controlled and not letting us to dictate of what we should do cause it only ruins of everything plan for. Making and immediate actions would be a big help.

[fullhdpixel]

There are so many times I feel superior after get some profit from several trade and could buy the coin without any proper searching, and when I lose my pride get hurt and try to cover the lost by buying it more, and when I was beginner I easily belive all the news and buy the coin that suggested in the group signal, whenever the group said that the coin got chance to grow I will buy it, and I end up with bags of useless coin

This is what happens. But I believe that Bitcoin is not only about the monetary benefits. Not all in the business are in for money. This coin is lucky enough to have political influence, tech geeks and economic freaks showing interest in it. So, it is not always about trading. However, if one is trading, be sure not to follow the heart but the mind after having thorough calculations of the data available.

[hahay]

There are so many times I feel superior after get some profit from several trade and could buy the coin without any proper searching, and when I lose my pride get hurt and try to cover the lost by buying it more, and when I was beginner I easily belive all the news and buy the coin that suggested in the group signal, whenever the group said that the coin got chance to grow I will buy it, and I end up with bags of useless coin

This incident seems to have been experienced by many people here when just starting, having a group signal will only make us suffer more when we are easily deceived by all forms of information that are not basic. Emotional trading is only because we do not have patience and high self control, so we will easily panic and make wrong decisions.