First hand examples of Emotional trading

[Oceat]

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

As far as I know, trading is just like gambling so if you lose in your trading the possibility that you have to give everything and try again because you want to get what you have lost. But listen to this, not everyone is not that too successful to getaway their self without getting addicted trying to chase their losses. This one seems to apply in trading too, you just have to use your common sense if you see there not right.

[perla]

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

As far as I know, trading is just like gambling so if you lose in your trading the possibility that you have to give everything and try again because you want to get what you have lost. But listen to this, not everyone is not that too successful to getaway their self without getting addicted trying to chase their losses. This one seems to apply in trading too, you just have to use your common sense if you see there not right.

Addicted can happen with everyone but it means it is like gambling. Especially in trading we not lose all money even we get addicted in both loss or profit situation. But emotional trading is a big problem when we only follow what market want.

[FUD Expert]

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

It's the time when I still don't know that selling a portion of your port is a must when every coin is soaring through the sky. I'm so ambitious and all I can think is that the profit I get is not enough and I wanted more like a multi-millionaire.

[StefaniGolf]

Yeah, fear is probably the most powerful of all human emotions, and when traders become afraid, they will sell a position regardless of the price. Fear leads to panic, and panic leads to poor decision making.

[voztata]

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

This is an open secret and one should understand that there is no good emotional trading can do you.
In addition, one should understand that the market does not give you benefits all the time. At times the benefits may be higher than you think. Other times they may be very down so this mindset should be made.

Furthermore, the market works and operates in a cyclical way. Today its down, tomorrow up and again down and so on.

[dcmrcdn]

No better way to get into a huge percentage loss than to go with your emotions, even really awful technical analysis is better than going with your emotions!

[pawanjain]

You feel that the profit you earned is less and hence you wait for the price to go more higher. This sometimes leads in loss.
You want money so badly that you think of indulging in pump and dump trades.
You become a victim of FUD and FOMO and panic buy/sell your trades.
You invest in get rich quick schemes to earn more money in short time.

[sheenshane]

You feel that the profit you earned is less and hence you wait for the price to go more higher. This sometimes leads in loss.
You want money so badly that you think of indulging in pump and dump trades.
You become a victim of FUD and FOMO and panic buy/sell your trades.
You invest in get rich quick schemes to earn more money in short time.

All you've stated above was true, indeed, all of these have one solution that you must to apply. Here is timing, every decision and transactions you're going to step on must have a proper timing so that you know how to earn a profit. But, ain't sure this is not an easy task even how expert you are sometimes you might get a wrong decision in trading.
Emotional and greed you must control these major causes of loss.

[KennyR]

Emotions need to be reduced while you're into gambling as well as into trading. Being emotional surely affect one's trading experience, because with trading an expert make use of even the minor fluctuation. While one is emotional it isn't possible to act quickly which is must with trading. Also targeted profiting leads to loss which needs to be avoided.

[Visbay]

Yeah, fear is probably the most powerful of all human emotions, and when traders become afraid, they will sell a position regardless of the price. Fear leads to panic, and panic leads to poor decision making.

Well if people are in treading they should know what thing is important for them, the profit or being worry without any reason, before trading all traders are must be told not to use their emotions in trading as being emotional can reduce your strength and you can feel low determination of holding which is other name of panic selling and then lose.

[davinchi]

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

As far as I know, trading is just like gambling so if you lose in your trading the possibility that you have to give everything and try again because you want to get what you have lost. But listen to this, not everyone is not that too successful to getaway their self without getting addicted trying to chase their losses. This one seems to apply in trading too, you just have to use your common sense if you see there not right.

Addicted can happen with everyone but it means it is like gambling. Especially in trading we not lose all money even we get addicted in both loss or profit situation. But emotional trading is a big problem when we only follow what market want.

There is too much different between trading and gambling, we can consider trading as gambling, if a person is addicted in gambling his all money is in risk, but trading is a profession and we need to spend more and more time in market so as to know all the thin and think in trading, and after that we can become succeeded in trading. Trading is a game or any kind of sports but it’s a legal mean of earning your livelihood.

[clover12]

Today i did a trade that was $40 worth. But I saw the price go way down and a big red candle so I placed the order in a big hurry.

For accidentally I place the order for, $400 worth  

Luckily was able to fix my trade but it took a few minutes before figuring out my error, was sorta emotional seeing the big red candle

[maydna]

Yes, by selling some portion of your coin, it means you can get your money back, and you can wait for a while and buy again when the price goes down at a lower price. But I think greediness will be the great examples that could mess up our trade so we cannot make any profit. I guess there are more examples that we can get that will interrupt our trading and will prevent us to make a profit.

[Botnake]

Yes, by selling some portion of your coin, it means you can get your money back, and you can wait for a while and buy again when the price goes down at a lower price. But I think greediness will be the great examples that could mess up our trade so we cannot make any profit. I guess there are more examples that we can get that will interrupt our trading and will prevent us to make a profit.

I was a victim of my own greediness once in my life.
Not selling because I'm thinking of a bigger price which could give me profit but it turns out the price will dump
and as the price is dumping I still think that this would recover but it didn't until I reached at this time that the price is already at dip.
I think some of us do have the same experience like I do, not selling during the bull run and we are stuck right now.

[Caladonian]

Yes, by selling some portion of your coin, it means you can get your money back, and you can wait for a while and buy again when the price goes down at a lower price. But I think greediness will be the great examples that could mess up our trade so we cannot make any profit. I guess there are more examples that we can get that will interrupt our trading and will prevent us to make a profit.

It's always greediness that makes us miscalculate our trade, assuming that current flow will alst and wait for the final peak but suddenly it will begin
to fall, thinking that things will be better again and wait till nothing happens and emotionally sell out to panic, worrying that the price will fall more,
this kinds of emotions kills every investors and traders mindset.

We love reading but deep inside we are also experienced same thing.

[Google+]

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

As far as I know, trading is just like gambling so if you lose in your trading the possibility that you have to give everything and try again because you want to get what you have lost. But listen to this, not everyone is not that too successful to getaway their self without getting addicted trying to chase their losses. This one seems to apply in trading too, you just have to use your common sense if you see there not right.

Addicted can happen with everyone but it means it is like gambling. Especially in trading we not lose all money even we get addicted in both loss or profit situation. But emotional trading is a big problem when we only follow what market want.

many traders and some others prefer shortcuts to gambling but they do not pay attention to the risk of gambling which can make them impoverished instantly. it's better not to gamble, trading is safer than gambling.

[iMark]

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.

The confidence of each trader will increase when they profit, but don't overconfidence so you underestimate technical analysis and calculation, anyone will need it. and the signal is a scourge for traders, don't be easy to believe with such thing

[Activitycoin]

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.

The confidence of each trader will increase when they profit, but don't overconfidence so you underestimate technical analysis and calculation, anyone will need it. and the signal is a scourge for traders, don't be easy to believe with such thing

Exactly it is not good to be over confident and forget about the risk you have in your emotional as people become so sure about their predictions and they sell their coin according to their own mindset instead of they look for market and make analysis over there which is not good for sure, so be confident as you are in good hands but don’t forget that you will have to remain active and reserved too.

[clover12]

Yes, by selling some portion of your coin, it means you can get your money back, and you can wait for a while and buy again when the price goes down at a lower price. But I think greediness will be the great examples that could mess up our trade so we cannot make any profit. I guess there are more examples that we can get that will interrupt our trading and will prevent us to make a profit.

It's always greediness that makes us miscalculate our trade, assuming that current flow will alst and wait for the final peak but suddenly it will begin
to fall, thinking that things will be better again and wait till nothing happens and emotionally sell out to panic, worrying that the price will fall more,
this kinds of emotions kills every investors and traders mindset.

We love reading but deep inside we are also experienced same thing.

how then do the pro's advize to control emotions?  are there tried and true Techniques?

[palle11]

Yes, by selling some portion of your coin, it means you can get your money back, and you can wait for a while and buy again when the price goes down at a lower price. But I think greediness will be the great examples that could mess up our trade so we cannot make any profit. I guess there are more examples that we can get that will interrupt our trading and will prevent us to make a profit.

It's always greediness that makes us miscalculate our trade, assuming that current flow will alst and wait for the final peak but suddenly it will begin
to fall, thinking that things will be better again and wait till nothing happens and emotionally sell out to panic, worrying that the price will fall more,
this kinds of emotions kills every investors and traders mindset.

We love reading but deep inside we are also experienced same thing.

how then do the pro's advize to control emotions?  are there tried and true Techniques?

Smiles... Really a wonderful question. It is a case of when Paul encountered Jesus, he (paul) knew something happened in his life that changed him.

Friend, I believe is a personal encounter cum experience. Just seat yourself down and say to yourself, I won't allow my emotion to control my trade. So , if you can advise yourself, then you have become the expert that advised yourself.

Is a personal thing.