How to control your emotions while trading?👨🏼‍💻

[coinmatics]

One of the most popular emotions among traders is a notorious fear of missing out,
or simply FOMO, which picks when the market is high.📈
⠀
Watching the price of an asset soaring higher and higher, while out of the deal,
a trader often feels even worse than in case of losses.⚠️
⠀
So, what exactly can you do to prevent emotion-connected issues?
⠀
Accept the fact that you can’t buy at the lowest and sell at the highest prices;☝🏻
⠀
Don’t be looking at the charts all the time;❌
⠀
Use a trading plan ruling how to deal with profits and losses;📝
⠀
Follow your own plans, don’t compare your results with results of other traders too often.👨🏼‍💼

[sheenshane]

Great stuff, but this has been already discussed here in the forum. That is basic tips and nothing new on this trading tip.
I would suggest improving more your OP thread and the unbolded line would be fine.

Your references: Do You Need To Put Your Emotion in Trading ?
                         Trading tips
                         Four steps to successful speculation(2) and etc.

[crossabdd]

good, yeah that's what i do. accept that it's too late when buying low prices and selling high prices. I have never panicked, because I believe it will happen to the coins I buy. secondly I have never followed news from groups like pumps and dumps. it's just fake. I always make my own trade. and leave a coin that has a high pump. and look for coins that are falling without high price increases

[googs84]

Emotional challenge is the biggest battle for traders. most of the traders go behind FOMOs which are created by twitterati and telegram channels who do these paid stuff by charging money. Most of the FUD is because people don't understand trading and blindly do these things.

[dunfida]

⠀
Don’t be looking at the charts all the time;❌
⠀

You suggest this one but your name and your signature - https://coinmatics.io/ - Do talks or offer about Crypto copy trading and analytical platform.

[febriyana]

Before control emotions, firstly i already lose so many Bitcoin on trading. I am really mad and sad at that time.
I always try to learn from my lose. Every time i get lose from trading i learn something experience.
That is patience. We need some research before join in trading. Reading some news, studied what project we want invest, etc. That tips might help you.

Your 4 tips i think not all right.
I always see the chart too much. If i think that time is good, i will buy at the lowest price.

[Hypnosis00]

Great stuff, but this has been already discussed here in the forum. That is basic tips and nothing new on this trading tip.
I would suggest improving more your OP thread and the unbolded line would be fine.

Your references: Do You Need To Put Your Emotion in Trading ?
                         Trading tips
                         Four steps to successful speculation(2) and etc.

It sounds like it is already discussed at this thread https://bitcointalk.org/index.php?topic=5187272.0

But anyway...I have to add something in here...
The most common mistake of a trader is because they allow their trades driven by their emotions which it likely has a negative result. Losing what I meant to say. Maybe people could think that it was easy to control our emotion but you can find it hard when you tried to become a trader.

[iamsange]

I never can control my emotion until now. Don't know why i am panic every coin that i bought is down. It is feel like i am not patient or maybe always see it and wait for price increased, but more aware if price keep down. Then i cut loss.

[DeathProxy]

The issue is that most people are not patient while trade. Most trade with the expectations to make quick profit instantly.  Most cant be patient enough of  to hodl for the price of the token they bought to pump before selling, once there is any little dump they tend to fiddle away and sell at loss . Many traders needs to learn the art of patience while trading

[Colt81]

The issue is that most people are not patient while trade. Most trade with the expectations to make quick profit instantly.  Most cant be patient enough of  to hodl for the price of the token they bought to pump before selling, once there is any little dump they tend to fiddle away and sell at loss . Many traders needs to learn the art of patience while trading

Indeed. Many traders are getting impatient in their profits that they always panic when they are experiencing loss. Traders should learn how to calm down even the coin is starting to decrease because you may not get a huge earnings if you don't follow your strategy and you only just panic sell on your trades.

[leowonderful]

Remind yourself that there's opportunities everywhere and it doesn't matter if you miss one; just wait for something else to come up in the meantime. It sucks to miss out on a large pump, but you'll feel worse if you buy the top and things start heading down again. Trading's sometimes boring, and one of the most important things to do is to wait for trades to come to you instead of forcing something to happen. You're just a fish riding the current; don't go against it. Sometimes the best trade is just to not be in one at all.

[asyakashi]

Don’t be looking at the charts all the time;❌

What about some trades that do the analysis by reading charts?
they look expert and find lots of trading signals there. I began to be confused by various trading techniques.
but emotions are the hardest part to control.

[Kelvinid]

Don’t be looking at the charts all the time;❌

What about some trades that do the analysis by reading charts?
they look expert and find lots of trading signals there. I began to be confused by various trading techniques.
but emotions are the hardest part to control.

That is a very challenging part of being a trader. We know it is hard to control it but we are trying to make it right for the sake that we don't get bothered into what we feel.

I don't know how OP could think about the importance of using market charts. Or He might be using emotional trading rather than of using chart that is why he badly losing his money in trading

[Google+]

emotions are very difficult to control but you have to know that when you can control the emotions that you have then you can get many benefits, you can control them in many ways one of the ways that I use is placing buy and sell orders and after that exit a place of exchange so I don't really think about price movements in the market and won't be easily influenced by market conditions.

[dark08]

Controling your emotion is not easy as people think there will be a time you become greedy in your trade, I like the tips you mentioned above but always remember before entering in trading industry ask your self if you can do this, always make a risk management because not all the time your trade will win.

[nydiacaskey01]

As long as you are manually hitting the Buy/Sell button, theres a chance that your emotion will kick in and give you second thoughts if you will buy, sell or just hold. Even on the very last second that you will press that button, there is a chance that you will change your mind. How to avoid it, use Bots, Bots will just follow what you asked them to do, it will not think twice. Also you can place your Buy or Sell order early and leave it there until it reached the price where you want the system to sell or buy for you.

[harizen]

Let your emotions control you and you will realize in such time that you are now controlling them instead. Be used to it since in the first place you can't avoid it especially in the stressful world of doing trades.

As I said before, it's human nature so it's normal to become paranoid, being MIA, being FOMO or having difficulty with what to do next.

Build experience and just continue to do trades and soon everyone will learn how to cope up with their trading emotions.


To OP, next time you can just used BOLD on some statements that you want to strongly implied. No need to BOLD the whole statement and use a much bigger font size.

[Immakillya]

Trading is a difficult task. It requires mental and emotional strength. But the one of the most important tin trading is the control of emotion. It's very difficult to control. So if you're easily distracted when you're losing money in trading, think again. Maybe you let your emotions control you. Even me is having a hard time control it when I'm losing money. But I always keep in mind that it will recover soon. Remember the dos and dont's in trading

[pinggoki]

I never can control my emotion until now. Don't know why i am panic every coin that i bought is down. It is feel like i am not patient or maybe always see it and wait for price increased, but more aware if price keep down. Then i cut loss.

Trader must be able to control their emotional aspects and knowledge base so that they can succeed in the path they are taking to.
Once a trader can't control his/her emotions, it would be a big deal because just a little market down only they will be scared and there would be a chance that they will get all of their funds immediately, or if they buy a coin and they see that the coin doesn't really go high they will sell it also immediately.
But as a real trader if I see that the coin or tokens go down, I will be remain calm and patient because it is usual through the volatile of the coin.

[TelolettOm]

This is indeed the initial problem of most beginner traders and those who are experienced. Mood or feeling conditions when we want to trade in my opinion should also be considered because this is also about emotional control over ourselves that can make the wrong decision to be able to benefit

[iamsange]

I never can control my emotion until now. Don't know why i am panic every coin that i bought is down. It is feel like i am not patient or maybe always see it and wait for price increased, but more aware if price keep down. Then i cut loss.

Trader must be able to control their emotional aspects and knowledge base so that they can succeed in the path they are taking to.
Once a trader can't control his/her emotions, it would be a big deal because just a little market down only they will be scared and there would be a chance that they will get all of their funds immediately, or if they buy a coin and they see that the coin doesn't really go high they will sell it also immediately.
But as a real trader if I see that the coin or tokens go down, I will be remain calm and patient because it is usual through the volatile of the coin.

That is why, i read in this forum. A lot of suggestion maybe already i read. But when want to practice it, i will panic and then be impatient when hold coin for longer than 2 days. But that is only for altcoin in market, if bitcoin usually i am not care be in whatever price.

[BitTyro]

Letting you emotions takes control is a disaster. It should be the opposite. Control your emotions by asking yourself if you are afraid while watching your trade unfold. If you are afraid, exit and take a break. Go back and review your trading plans.

[shoreno]

To control your emotions while trading, you need to always remember your goals in trading.

what if his goals is to earn as much profit  ? emotions  will always takes place but who didnt want to make more profit ? most of us came here for that reason right ? controlling ones emotion is not an easy task but its easy to be controlled by your emotions so you better watch out and take imediate actions before that happens .  better if we are going to be realistic and dont assume to much to the point that its already impossible because that is also the reason on why strong emotions came out

[Capt00]

Emotions can be your worst enemy when it comes to trading, once you let your emotions take over you then worst will come. As a trader it is very important that you have control over your emotions and that you set aside your emotions and make sure to maintain your focus so that you will make good decisions.
Emotions are part of our system and we can’t avoid it one way or another but at least we can control it, a trader must master the way to properly handle emotions in trading to be successful in trading.

[jhonjhon]

In this very unpredictable market of bitcoin we can’t totally eliminate people doing FOMO, everyone is after the profit so that means that whenever a trader see that the price is quite favorable then you will see panic selling of coins. Controlling your emotions is not easy as we think but by doing it then FOMO will be lessen. Aside from controlling emotions, checking the charts everyday can be a little stressful so might as well don’t because if you will do it then it will also lead to FOMO, and most importantly, stick to your strategy and don’t compare it to others because there strategy may not work for you. I would suggest you make your own strategy and stick to it.

[ScamViruS]

First you need to set goals. Then you have to trust your trading system. Emotional trade opens up the possibility of losing your funds. I follow my own trading system and then open my trade. Those who open trade to get rich quick often lose funds.

[matchi2011]

First you need to set goals. Then you have to trust your trading system. Emotional trade opens up the possibility of losing your funds. I follow my own trading system and then open my trade. Those who open trade to get rich quick often lose funds.

Aggressive traders are often lose their money. You need to work with setting up plans that you will going to use while you are still inside this business.

Having good understanding with project that you will going to buy will help you to anticipate the right entry and exit positions. Don't panic when your
assets is falling make sure to have a back up, spare money or cut loses to move forward will help you to recover.

[AniviaBtc]

One of the most popular emotions among traders is a notorious fear of missing out,
or simply FOMO, which picks when the market is high.📈
⠀
Watching the price of an asset soaring higher and higher, while out of the deal,
a trader often feels even worse than in case of losses.⚠️
⠀
So, what exactly can you do to prevent emotion-connected issues?
⠀
Accept the fact that you can’t buy at the lowest and sell at the highest prices;☝🏻
⠀
Don’t be looking at the charts all the time;❌
⠀
Use a trading plan ruling how to deal with profits and losses;📝
⠀
Follow your own plans, don’t compare your results with results of other traders too often.👨🏼‍💼

We should always be observant and patient, by this we can make a perfect timing on when to trade. Always think critically and make a good decision, for you to have a win win trades. Make a strategy or plan on how to execute your moves to prevent loss and regrets. You should always take the risk but you need to become wise when it comes to decisions it trading. Understand the chart for you to observe and secure the right time to trade.

[Webetcoins]

The issue is that most people are not patient while trade. Most trade with the expectations to make quick profit instantly.  Most cant be patient enough of  to hodl for the price of the token they bought to pump before selling, once there is any little dump they tend to fiddle away and sell at loss . Many traders needs to learn the art of patience while trading

This is not good for you. Trading is for those who are having good knowledge of market and have calm nature. Successful traders are not those who invest into right coins but those who buy and sell them on right time under right circumstances. I will suggest you going for holding that too for long period because it reduces risk of losing money.

[TinaK]

The issue is that most people are not patient while trade. Most trade with the expectations to make quick profit instantly.  Most cant be patient enough of  to hodl for the price of the token they bought to pump before selling, once there is any little dump they tend to fiddle away and sell at loss . Many traders needs to learn the art of patience while trading

This is not good for you. Trading is for those who are having good knowledge of market and have calm nature. Successful traders are not those who invest into right coins but those who buy and sell them on right time under right circumstances. I will suggest you going for holding that too for long period because it reduces risk of losing money.

Many newbies want to start their crypto experience as a trader forest service provider directly. Mostly they never drive to learn the basics first. I suggest every newbies learn with the less amount of money in exchange and try to learn limits and amount they can make based on the chart.

[jakoylantern]

For me, I control my emotions in trading by looking again at my calculations, price range, recalling my mistake that I do when trading, and also relaxing my self first. Yes, emotion is one of the fiercest enemies of a trader. But I control my emotion by looking again at my calculation to remind my self that I will not buy or sell because its not my portable price and profitable price range. Also, if that happens, I relax my self and saying it's not the right moment; if I do it, I will just repeating at my mistakes again. Just always remember to set some goals and price range so that you have a reminder.

[Kemarit]

Emotions are really hard to control specially if you are a newbie. For me I learn how to fight it when I have the experience of losing big money because of my irrational and illogical decisions. So I would say that if order to overcome it, at least you should have experience the painful effect so that it will stick to your mind. I tend to strategized more, used my common sense, put up a good entry and exit strategy. Learning from your past mistakes is really that thing here in crypto, because if you make the same mistakes over and over again and losing huge amount of money, then I would suggest that you should shift careers.

[ReiMomo]

First, I saw many threads like this a tip of trading, how to manage emotion and etc.
Controlling emotion is one of the most common scenarios in trading. A trader who had weak emotions will become a loser.
While you are in trading you should think it first if that is emotion and decide when you are full analyze the situation.
However, you should always have knowledge of trading so that you will not attract by emotions.

[Hypnosis00]

First, I saw many threads like this a tip of trading, how to manage emotion and etc.
Controlling emotion is one of the most common scenarios in trading. A trader who had weak emotions will become a loser.
While you are in trading you should think it first if that is emotion and decide when you are full analyze the situation.
However, you should always have knowledge of trading so that you will not attract by emotions.

Getting caught into our emotions while trading doesn't only give a negative impact on our trades but it sometimes will give also a realization.
However, it mostly gives more about the disadvantages that could bring us down

https://www.tradeciety.com/emotions-trading-psychology/
It is really a big challenge but if we can manage to control it, guaranteed that we can be good and profitable trader.

[Inkdatar]

For me, I control my emotions in trading by looking again at my calculations, price range, recalling my mistake that I do when trading, and also relaxing my self first. Yes, emotion is one of the fiercest enemies of a trader. But I control my emotion by looking again at my calculation to remind my self that I will not buy or sell because its not my portable price and profitable price range. Also, if that happens, I relax my self and saying it's not the right moment; if I do it, I will just repeating at my mistakes again. Just always remember to set some goals and price range so that you have a reminder.

Setting up a goal when trading is the best thing that we can do rather than not controlling our emotions. Exactly emotions are the worse opponents of a trader. You have to keep reminding yourself why you are here in this trade industry. In the first place, your goal is to earn profit and do not let your emotions win.

[pundit]

Emotions are something in trading which makes you to lose your capital drastically i.e. if there is a little loss, emotional trader tries to recover it by taking risk and ultimately lose his account. Emotions can only be controlled when you have proper trading plan.
1. Previous day market must read to chose next day trading pairs.
2. Entry points, exit points and SLs are to be drawn on pairs selected.
3. Must remain stick to the trading plan.

Above rules must be followed to keep the emotions out of trading.

[Dart18]

Correct.
Then dont look.
Give it time to marinade.
Let it go. It aint much but it will really help. Before I have been monitoring one coin which is my favorite and saw it pumped and dumped every minute.
It really hurts when you see it night and day. Better to give it a few hours before looking back. This is also one reason why I uninstalled the Binance application.

[Oasisman]

One of the most popular emotions among traders is a notorious fear of missing out,
or simply FOMO, which picks when the market is high.📈
⠀
Watching the price of an asset soaring higher and higher, while out of the deal,
a trader often feels even worse than in case of losses.⚠️
⠀
So, what exactly can you do to prevent emotion-connected issues?
⠀
Accept the fact that you can’t buy at the lowest and sell at the highest prices;☝🏻
⠀
Don’t be looking at the charts all the time;❌
⠀
Use a trading plan ruling how to deal with profits and losses;📝
⠀
Follow your own plans, don’t compare your results with results of other traders too often.👨🏼‍💼

Pretty basic guidelines.
Whether you like it or not, emotions comes along your way while youre trading. You dont want to get rid of your emotions. Instead, learn from your emotional nature.
While, FOMO is very inevitable, since most of the traders are really working on making good profit.
This comes also the reason why you need to invest what you can afford to lose, to avoid too much emotional stress.

[maydna]

I think you can find a lesson on how to control your emotions on the internet or offline courses. You need to have patience in trading, especially if you see the price is up and down many times. You can set up how much profit you want to make, don't be greedy because you want to chase a bigger profit. You know that in trading, you cannot always make a profit, so make yourself ready to accept the reality. Try to learn how to have the patience to wait for the price change and receive everything you make and realize that you need more practice to get more profit. Don't try to trade if the market cannot predict because that will make you confuse to determine what you want to do.

[Arsenyo]

I think emotional challenge is the biggest problem for most of traders, especially newbies. Fortunately, I managed to control them. I just accepted the fact that I can't always make profit, it doesn't work like this. And of course I never risk those amount of savings that are crucially important for my life right now. I always knew that I can afford it to loose, so it reduced my emotions.

[bellicose]

A very difficult topic to discuss. In trading, as in the game, you need to keep a cold head and keep your nerves in discipline. Not everyone succeeds, and therefore there are very few truly successful traders.

[gandame]

good, yeah that's what i do. accept that it's too late when buying low prices and selling high prices. I have never panicked, because I believe it will happen to the coins I buy. secondly I have never followed news from groups like pumps and dumps. it's just fake. I always make my own trade. and leave a coin that has a high pump. and look for coins that are falling without high price increases

Yes sir its right that once you enter the world of trading you must have patience and don't panic once the price of your coins fall. Because i believe that you can not buy that coins if there's no potential. And we expect too for dump the price of our holding. So must be follow your instinct.

[doomistake]

A very difficult topic to discuss. In trading, as in the game, you need to keep a cold head and keep your nerves in discipline. Not everyone succeeds, and therefore there are very few truly successful traders.

Trading is a very serious job that requires a lot of knowledge and skills in order to pass every obstacles on it, a mere cash will not be enough to withstand all the hardship that you would experience while you are chasing your dreams in Trading, too much emotion will not be good while lack of emotions is much worst. Managing every aspects that could affect the way you trade is important, either it would benefit you or it will not benefit you at all.

You could manage your emotions if you know your limits, train yourself to follow that limits that you would set everyday, and you'll find yourself making profits all of the time.

[tungaqhd]

I think emotional challenge is the biggest problem for most of traders, especially newbies. Fortunately, I managed to control them. I just accepted the fact that I can't always make profit, it doesn't work like this. And of course I never risk those amount of savings that are crucially important for my life right now. I always knew that I can afford it to loose, so it reduced my emotions.

Well, disturbed emotions during trading are always a problem for most traders and the origin of this disease comes from the fact that we have succumbed to the pressure and did not accept everything that was not in our prediction, newbie is the one who often gets involved in this problem as you say, the crypto market is still too new and not like their thoughts. Each person will have different handling methods, with you you will relax and accept, my method is more binding when I set limits on profits and losses, the plan won't be changed by my feelings

[lienfaye]

Its hard to control or set aside your emotions when doing trades but is it possible to do so? Actually yes by your own will and plan.

Lets accept that not all the time we can buy or sell with the amount we anticipate, instead set a target price and stick to it.

Dont bother or compare your trading strategy to others because that will ruin your own plan so dont let your emotions control you.

[SummerBliss]

Controlling your emotions in trading is not an easy task and sometimes we suffer loss due to our panic in the market.But we learn from our mistakes and we need to stay calm and stay away from any negativity or FUD's in the price dump situation.As said don't depend wholly on trading signals of others or telegram channels that ask you to invest in particular coins but do according to your knowledge and level of experience.

[bitcoin31]

Controlling emotions is very easy because for sure I believe every person can control their emotions so don't be afraid or even scared if the price decrease because a emotional trader can lose more for sure if they scared because they sell the coin that they bought with high price to the low value. A real and successful trader know how to manage to their emotions while in they are in trading.

[panganib999]

One of the most popular emotions among traders is a notorious fear of missing out,
or simply FOMO, which picks when the market is high.📈
⠀
Watching the price of an asset soaring higher and higher, while out of the deal,
a trader often feels even worse than in case of losses.⚠️
⠀
So, what exactly can you do to prevent emotion-connected issues?
⠀
Accept the fact that you can’t buy at the lowest and sell at the highest prices;☝🏻
⠀
Don’t be looking at the charts all the time;❌
⠀
Use a trading plan ruling how to deal with profits and losses;📝
⠀
Follow your own plans, don’t compare your results with results of other traders too often.👨🏼‍💼

You know, it's easy to set our minds into something we really need to accomplish, for instance not letting yourself be emotional when it comes to trading. It is easy if we're just gonna deal with it internally and will focus on our goal of not being swayed and mess up your trades. The only thing that affects us emotionally is mainly driven by external factors like being pressured about what we are seeing and thinking that we should be doing at the moment. We need to stop comparing other's situation to our's because we might envy them and aim for they have right now then do an impulsive decision that could mess up everything and take us far from the big thing that is waiting for us on our own road.

[Janation]

Controlling emotions is very easy because for sure I believe every person can control their emotions so don't be afraid or even scared if the price decrease because a emotional trader can lose more for sure if they scared because they sell the coin that they bought with high price to the low value. A real and successful trader know how to manage to their emotions while in they are in trading.

Easy? I don't think so.

And I can say that because I am also a human.

It is part of us, of us, being a human and we can't control that so easily since everything can trigger our emotions it might be positive or negative. You might say it is easy since you can do it but for people that are not that used to control their emotions, I don't think they can agree to what you had said.

[ashmodeus]

well, my fucking trouble on trading its not FOMO for sure, but FUD,
its really different,right ?
i can control my self when i see something like FOMO, but not about FUD,
somehow i just think, i just picked a wrong asset, then i just hodl it for short time.
I just thought, every bad news about the token that I bought from the project was authentic, and I became paranoid about losing my money.
then it become real when the prices drop 5% just for 4 minutes after i buy,
--
but, as time goes by, stay away or not too focused on market its a better idea.
even now, i've turned off all of alarm on my blockfolio.

[Meowth05]

Controlling emotions is very easy because for sure I believe every person can control their emotions so don't be afraid or even scared if the price decrease because a emotional trader can lose more for sure if they scared because they sell the coin that they bought with high price to the low value. A real and successful trader know how to manage to their emotions while in they are in trading.

Not exactly. Managing our emotions isn't that easy, admit the fact that there are times that we have been engulf by our surging emotion and this emotion can be trigger either postive or negative phenomenon. It is easy for us to say that we can manage our emotion well but we must remember that we're just only human, we're not perfect.

[gabbie2010]

good, yeah that's what i do. accept that it's too late when buying low prices and selling high prices. I have never panicked, because I believe it will happen to the coins I buy. secondly I have never followed news from groups like pumps and dumps. it's just fake. I always make my own trade. and leave a coin that has a high pump. and look for coins that are falling without high price increases

I devised my trading plan strictly followed it without any emotion once I pull a trigger to buy or sell with my stop loss 2% to 3% of my total portfolio as you said I am always on a look out for dumping coins analyze them before entering the trade with that I was ability to control fear and emotion, while following a telegram group for signals is more less a waste of time to me why not learn trading? rather than been giving  fish learn how to fish.

[Zemomtum]

Anyone that trades with emotion will surely lose. You need to form your own strategy and stick with it. just ensure you stay away with YouTubers, pump and dump groups, you will get recked if you subscribe to their calls

[jazmuzika217]

I agree to your thought but I think you forget the most important thing that you need to do which is stop being greedy. This is the  reason why you wait for the lowest price to buy and the highest price to sell and always comparing your result to other trader's result means to much greed. Be contented even in a small mark up income and have a good strategies.

[Wysi]

I agree to your thought but I think you forget the most important thing that you need to do which is stop being greedy. This is the  reason why you wait for the lowest price to buy and the highest price to sell and always comparing your result to other trader's result means to much greed. Be contented even in a small mark up income and have a good strategies.

Yes greed does makes us lose the profit and I have a simple logical of minimum $100 profit for a trade worth anything above $1000 but there are users who needs huge chunk of profit often ends up exhausting the buying period. We need to be logical and have couple of plans if one doesn't  work.

[NewRanger]

I agree to your thought but I think you forget the most important thing that you need to do which is stop being greedy. This is the  reason why you wait for the lowest price to buy and the highest price to sell and always comparing your result to other trader's result means to much greed. Be contented even in a small mark up income and have a good strategies.

Yes greed does makes us lose the profit and I have a simple logical of minimum $100 profit for a trade worth anything above $1000 but there are users who needs huge chunk of profit often ends up exhausting the buying period. We need to be logical and have couple of plans if one doesn't  work.

many traders tempted to generate much profits in short periode.greedy be basic character for each traders.and actually its very risky to do.with capital around $1000 ideally it take only 2% profits for each trades.if compared with bank interest we get bigger amount.we must able controll our emotion in our trades.patience be the key for us to controll our emotion.

[taiwww]

The only thing you should concern yourself with is the individual performance. Stop reading success stories of others if they make you feel sad. If you bought at $8000 and was able to sell at $8500 then it's perfectly ok! You shouldn't concern yourself that price has risen to $9000 or $10000 after that. If you made profit, in short, you made a successful trade.

[glendall]

The only thing you should concern yourself with is the individual performance. Stop reading success stories of others if they make you feel sad. If you bought at $8000 and was able to sell at $8500 then it's perfectly ok! You shouldn't concern yourself that price has risen to $9000 or $10000 after that. If you made profit, in short, you made a successful trade.

what do you mean individual performance?
is that some kind of hard work?
controlling emotions in trading is only a matter of time, if we already understand trading management and always practice it, just wait for your emotions to be controlled, because controlling emotions is like planting a tree, if you want to feel the fruit then you have to be patient.

[Bezobraznike]

The only thing you should concern yourself with is the individual performance. Stop reading success stories of others if they make you feel sad. If you bought at $8000 and was able to sell at $8500 then it's perfectly ok! You shouldn't concern yourself that price has risen to $9000 or $10000 after that. If you made profit, in short, you made a successful trade.

what do you mean individual performance?
is that some kind of hard work?
controlling emotions in trading is only a matter of time, if we already understand trading management and always practice it, just wait for your emotions to be controlled, because controlling emotions is like planting a tree, if you want to feel the fruit then you have to be patient.

   

   Glendall do you understand what your wrote? Controlling emotions is not a matter of time, some people are not capable
for that even after a long period of time. Patience and controlling emotions in trading are two different things.   
   Individual performance is your own achievement, your possibilities with your set of skills. Is it a hard work? I`m sure that
practicing can be hard, learning can be hard to for people who are newbies in something.
   When you plant a tree, you can sit down and be just patient! You need to take care of that plant, to water it everyday,
to cut weeds around, depending on the tree you need to do what it takes for that tree to give you fruits. Just planting and
waiting will lead you nowhere.

[LUCKMCFLY]

To control emotions is difficult, we are human, somehow emotions are always present so they want to be suppressed. In the Crypto market it is not healthy to get carried away by emotions, particularly I have a couple of tips for market speculators:

1.- To study as much as possible, if it is better books, that are of influential market speculators, it is not recommended that it be only technical analysis, nor follow advice of influencers.

2.- Having clear market analysis and the decision to enter a trade, what you need to ensure is not to see news so you don't get carried away and change your analysis.

3.-Have an Exchange that allows:

a.- Place your Stop Loss and place Take Profit at the same time.
b.- Once you have placed your trade configuration, limit yourself to making a maximum of 3 different trades.
c.- Place less than 10% loss and at least 3 times the gain.

4.- Having configured the trade configuration, not being stuck on the PC or in the market, check the hours, and if you lost assume the loss and if I earn a very good job.

This way you can reduce emotions, the news, the fact of being on the chart all day is not healthy. It is recommended to make trades that are long term or medium term.

[nreal]

I am also learning how to control emotions when trading, When I studied the exam, I saw many suggestions such as:
- Make a clear trading plan, which will reduce negative emotions.
- Do not observe the market constantly, observing as much as you are more likely to be tempted
- When a loss or profit more than 3 times the exam stopped, this is the hardest thing I believe a lot of people do not do.

[davinchi]

For long term investors, the best way to control your emotion, is to first invest in a reliable coin like bitcoin, then keep your wallet key in a safe where you can come back in 10 years’ time to see what the price of bitcoin has turned to, because with all these whales manipulating the market now, it would be very difficult to actually not lose it sometimes, at one point in time, you will still eventually fall for emotion when you keep checking price.

For traders, the best way they can control their trading emotion, is to first of all set a goal, and then make use of all these stop loss and take profit tool, it is easier for one to use all these trading tools to control emotion in trading than to want to personally control the emotion. Many people usually find it so difficult to do manually.

[maydna]

I am also learning how to control emotions when trading, When I studied the exam, I saw many suggestions such as:
- Make a clear trading plan, which will reduce negative emotions.
- Do not observe the market constantly, observing as much as you are more likely to be tempted
- When a loss or profit more than 3 times the exam stopped, this is the hardest thing I believe a lot of people do not do.

That could be work for some people because I see that many traders cannot stop themselves in trading when they lose. The traders will want to continue trading because they know that they have a chance to recover their losses. That is what we don't realize, and if we see that we lose, our emotions will not stable, and it could lead to getting another loss. What we need to do is stay calm for a while, close the market, and leave your computer. That could help your emotions reduces, so when you come back to the market, and you will have the ability to control your emotions.

There are many other methods on how to control emotions while trading, and I think we have a different method of controlling emotion. If you feel you cannot succeed in controlling emotion with one method, you can try the other method as you need to manage your emotions.

[EdvinZ]

Tips in the first post are very important for emotionless trading. It is important to understand that the market cannot be analyzed and predicted with 100 percent accuracy. You need to enjoy any profit and then you will have a positive motivation. The advice about constantly not checking the price of assets is very appropriate, because it can drive the trader to neurosis. And of course you need to follow your trading strategy, and not give in to minute emotions. In the end, the profit from the market is derived by those who know how to wait and invest money, adhering to all the rules of investment.

[Rebisco]

Mastering your trading psychology is the best way for you to control your emotions. Emotions have important role when we are trading,  it can serve as strength or weaknesses. We can create good decision if we know how to manage it.

[matchi2011]

Mastering your trading psychology is the best way for you to control your emotions. Emotions have important role when we are trading,  it can serve as strength or weaknesses. We can create good decision if we know how to manage it.

We can create positive approach even we see a suffering market if you have a good understanding what market can bring you. Never to rush it is important to master good skills to anticipate profitable positions, both up and down from the market can give you sign to place your entry.

Take every knowledge especially on how to manage and control yourself while working around the exchange.

[nelson4lov]

Mastering your trading psychology is the best way for you to control your emotions. Emotions have important role when we are trading,  it can serve as strength or weaknesses. We can create good decision if we know how to manage it.

Emotions, when not properly managed or controlled can take a toll on one's trading career. You might be good at TA – making beautiful setups with profit potential. But then everything gets messed up when you get too emotional and lose at the end. That's one of the important aspects. Being knowledgeable about trading is important, keeping your emotions in check is important as well. I don't leave anyone out. I try to be calm when trading. Don't get too happy, excited or sad. Humans tend to make rash decisions at those instances.

[Ashong Salonga]

For me we can able to became a great trader if we can control our emotions , and i think the best thing to control our emotion is to always focus and to always have a goal in trading, let's always set a goal how much profit we want so we can able to avoid being greedy at all.

[NathanJB]

Mastering your trading psychology is the best way for you to control your emotions. Emotions have important role when we are trading,  it can serve as strength or weaknesses. We can create good decision if we know how to manage it.

Emotions, when not properly managed or controlled can take a toll on one's trading career. You might be good at TA – making beautiful setups with profit potential. But then everything gets messed up when you get too emotional and lose at the end. That's one of the important aspects. Being knowledgeable about trading is important, keeping your emotions in check is important as well. I don't leave anyone out. I try to be calm when trading. Don't get too happy, excited or sad. Humans tend to make rash decisions at those instances.

Emotions, whether positive or negative, will bring nothing but negative effects to trading. In trading, only objective analyses are allowed and needed. Happy and sad emotions, bullish and bearish emotions, hopeful and desperate emotions, and so on have no place in trading. But it is extremely hard to just switch off emotions while trading. We are human after all. There will always be a smile on your face when you do the right thing and that's already emotion showing right there. We just need to keep it at the minimum level.

[strunberg]

I am trading only when i am feel happy.my mind soo fresh and i could thinking every thing clearly.so i am not in hurry make trading analisys and ofcourse its result will be better.maybe traineed our focus and concetration by joining special class like yoga will help our capability to controll our emotion.but its not neccessary as long as we know our self character.

[Apes]

I am trading only when i am feel happy.my mind soo fresh and i could thinking every thing clearly.so i am not in hurry make trading analisys and ofcourse its result will be better.maybe traineed our focus and concetration by joining special class like yoga will help our capability to controll our emotion.but its not neccessary as long as we know our self character.

true, It just like me, becouse trading is not my daily job, when  do a trading requires good mood to start it. when trading I have to make sure I have plenty of free time to start, I won't start if I'm in a hurry. in that way I will be patient to wait for price changes from time to time. because I think trading must be patient or you won't get anything.

[GreenStox]

indeed something that is very difficult to be aware of is emotion, because this emotion will make many traders lose because it can make many traders easily influenced by various issues, to be able to control this you should not see too often and think about your assets in the exchange, let your assets and don't forget to make a sell order at a high price.

[el kaka22]

It is not as easy as it sounds but normally what I would do is have a movie or a tv series open somewhere else. It really works wonders and you wouldn't believe how effective it is.

If you are trading and not doing that well and there is a movie going on open on the other tab, just click that and suddenly you are watching something that will make you forget about the trades you were just doing, it is not really that difficult to do if you have netflix, just open anything you can click and when that ends it will suggest a new one and it will cycle like that forever, so in the end there is something going on there taking your mind off the deal, which is a great deal because you normally can't stop and constantly think about that horrible trade you just did or that coin which fell in price, but when there is a movie going on you can just focus on that.

[mdzahed134]

I never can control my emotion until now. Don't know why i am panic every coin that i bought is down. It is feel like i am not patient or maybe always see it and wait for price increased, but more aware if price keep down. Then i cut loss.

I think panic selling is the big obstacle in the trading platform. You cannot make profit without patient. When you buy than you feel now market will go down. Yeah, it’s very normal thing which is happened with in every single trader. But you have to wait for increase when you will be take to decide if you think this is the perfect time to sell. Personally i recommend top ranking coins is the best way to start trade without no panic because those are coin will never big down.      

[bitbunnny]

Control comes with experience. At the begininig, when you first start to trade, no matter how hard you try your emotions will probably be stronger than you. And that is quite normal I would say.
As you gain knowledge and experience along the way you will get calmer, not so exposed to stress and it will be easier for you to maintain the cool head. When you get familiar with market and coins you will control your emotions much more efficient.

[teosanru]

I think most of the traders Don't realize that trading is not about your skills it's more about your emotional intelligence. It's about how you can control them and channelize them in a fruitful manner. I generally ask people to set down certain rules while they are new into trading and follow these rules strictly. Not only will these rules get inscribed in your trading nature but they would also make you much more efficient in long term. In trading people have to make decisions pretty quick so it's best that everything remains mechanical and such rules would make your trading mechanical free from emotions.

[rodel caling]

Emotions is part of being human but to avoid this use mind not heart and follow the plan and need to be brave as trader and condition as crypto trader is normal the price  is highly volatile up and down movement in the market.

My sense of panic in trading in my opinion is common when prices start to fall deeply or when prices soar and have not had time to buy the coin. And seeing my chart really helped me when I started trading. But if we hear good or bad news sometimes it's affected or I ignore it a little. But I believe I have expertise in trading even a little

To avoid panicking do not listen a lot of news, I suggest to monitor your own way at the coin ameket cap all about the price of each coins. Falling down of the price value is normal we need to extend our patience and wait for the other time if the price of the coin traded is falling down. Always put an margin much percentage want to earn avoid wasting time.

[LogitechMouse]

Experience and adjustments is still the solution to be able to control your emotions in trading.

Yes when you trade for the first time in trading, obviously you can't control your emotions and it will end up losing but time after time you will have more experience and you will be able to adjust yourself too when it comes to trading and there will be a time that you can control it when you are trading. I know it is hard to achieve but if you really want to be a professional trader in the future, you must learn how to adjust and become emotionless.

[xSkylarx]

Control comes with experience. At the begininig, when you first start to trade, no matter how hard you try your emotions will probably be stronger than you. And that is quite normal I would say.
As you gain knowledge and experience along the way you will get calmer, not so exposed to stress and it will be easier for you to maintain the cool head. When you get familiar with market and coins you will control your emotions much more efficient.

Emotion is your reaction on certain situations and controlling them is more difficult if money is involved on it. For me to control your emotions in trading is to trust your skills on it, don't listen to some fuds or sudden dumps or else you will really lose money. If those things affects you more than your own skills then it would be better if you'll just stop trading to avoid bigger loss.

[watergold]

My sense of panic in trading in my opinion is common when prices start to fall deeply or when prices soar and have not had time to buy the coin. And seeing my chart really helped me when I started trading. But if we hear good or bad news sometimes it's affected or I ignore it a little. But I believe I have expertise in trading even a little

We have to be able to endure the panic. Even I often happen as you say, buying late continues to soar, goes down badly when I have a coin, but it is sometimes affected by emotions that cannot be controlled, but for now I can handle all of that. find a good strategy for trading and always read the chart if you have analyzed it.

[nasipadang]

From the book that I read, that our emotions and our thought patterns are influenced by our environment. here I think what must be done by traders is trying to act rationally and not less in the face of relatively high individual desires, I mean here "want high profits in every trade". What is suggested is true but in the act it will be difficult to do, finally we cannot defeat our desires, which ultimately makes a mindless decision.

[deisik]

Control comes with experience. At the begininig, when you first start to trade, no matter how hard you try your emotions will probably be stronger than you. And that is quite normal I would say.
As you gain knowledge and experience along the way you will get calmer, not so exposed to stress and it will be easier for you to maintain the cool head. When you get familiar with market and coins you will control your emotions much more efficient

In that case you wouldn't have to control your emotions

So it is not about controlling one's emotions in the way we control the car while driving, where it should turn left or right, accelerate or stop immediately. Our emotions are not going anywhere as they are hardwired in all of us, and it is impossible to rewire them. If you are panicky, you will always be panicky, as simple as it gets. The point is, with experience comes the understanding what situations you should avoid at all costs, and those are exactly the situations which trigger your primal emotions (fear, anger, etc)

In this way, if you want to make yourself into an emotionless trading war machine, do not let let yourself get dragged into situations where your emotions take complete control over you (and for many people it means just staying away from trading altogether). This you can control

[WatchMaker]

Writing down your target return on investment on paper is the best way to control your emotions. Before you invested in any coin you should write down your expected return on investment based on the data gathered during the market research and the coin recent price history. Never get emotional while trading when you get your desired ROI just move out. 

[TrevorS]

Emotion control is an interesting topic. However, it seems to me that combining the word control and emotions is somewhat wrong. Speaking of control, as a rule, people have a kind of suppression of emotions.
You are angry - you do not want to be angry - you suppress this emotion - you make yourself worse because of the strong internal tension.
Emotion must be either approved or released, only in this way you can "control" it.

[Fredomago]

Control comes with experience. At the begininig, when you first start to trade, no matter how hard you try your emotions will probably be stronger than you. And that is quite normal I would say.
As you gain knowledge and experience along the way you will get calmer, not so exposed to stress and it will be easier for you to maintain the cool head. When you get familiar with market and coins you will control your emotions much more efficient.

Emotion is your reaction on certain situations and controlling them is more difficult if money is involved on it. For me to control your emotions in trading is to trust your skills on it, don't listen to some fuds or sudden dumps or else you will really lose money. If those things affects you more than your own skills then it would be better if you'll just stop trading to avoid bigger loss.

That's agreeable since your reactions with certain movements inside the market will be according to how you understand the situations. Emotions
is tough to control since it's a nature inside that doesn't want to lose anything important. But if you have sets of plans where you can still be optimistic
and still in the positive side of your investment, emotion can be suppress with valid reasoning that you are expecting better outcome with your investment.

[Irvinn]

Is there really a big problem with emotions in every trader?  It seems to me that everyone will enjoy the positive results, and will also be discouraged and nervous, during failure or when doubts arise.  It seems to me that people who are engaged in trade can be divided into three parts, these are beginners, professionals who constantly automatically act in a particular situation due to the accumulated experience, as well as professionals who think about each transaction and very often have uncertainty about their decision  .  Based on this, you can determine who will experience what emotions.

[deisik]

Emotion control is an interesting topic. However, it seems to me that combining the word control and emotions is somewhat wrong. Speaking of control, as a rule, people have a kind of suppression of emotions.
You are angry - you do not want to be angry - you suppress this emotion - you make yourself worse because of the strong internal tension

That's exactly what I was trying to explain in some other topic over here

When you try to suppress your emotion, say, anger, you will only make it stronger because you won't be able to suppress such a primal emotion. Instead, you will only get angrier for not being able to control it. You will probably also feel frustrated in addition to just feeling angry (and still more so afterwards). The best course of action is to let such an emotion run its course (release it as you correctly point out), i.e. to succumb to it until it expires on its own

[Triffin]

Control comes with experience. At the begininig, when you first start to trade, no matter how hard you try your emotions will probably be stronger than you. And that is quite normal I would say.
As you gain knowledge and experience along the way you will get calmer, not so exposed to stress and it will be easier for you to maintain the cool head. When you get familiar with market and coins you will control your emotions much more efficient.

Emotion is your reaction on certain situations and controlling them is more difficult if money is involved on it. For me to control your emotions in trading is to trust your skills on it, don't listen to some fuds or sudden dumps or else you will really lose money. If those things affects you more than your own skills then it would be better if you'll just stop trading to avoid bigger loss.

In market of trading you will face so many people like this who know well how to deceive other people. Better stay careful and don’t invest your money in unknown sites just keep focus on your skills and gain knowledge. In trading you Will have to trust your own research don’t trust fake news it can make you take wrong step just be patient.

[Bustart]

From the book that I read, that our emotions and our thought patterns are influenced by our environment. here I think what must be done by traders is trying to act rationally and not less in the face of relatively high individual desires, I mean here "want high profits in every trade". What is suggested is true but in the act it will be difficult to do, finally we cannot defeat our desires, which ultimately makes a mindless decision.

Much better if we try to learn something that provide us strong mindset in order to control ourselves, on times trading was crucially involved. We all desire for great profit, but I don't think over expectations could bring better results. Most probably, those factors that might affect the decision making should be avoided, and taking it seriously is not appropriate.

[Herry Toms]

When you understand emotions then you have no need to control them. Trading is based 90% on Psychological analysis, most people learn things in a very hard way due to strong emotions with money.
I would say "Trading in the Zone" is the best book so far to learn how to control emotions. 

[Mpamaegbu]

I think the best method would be for one to predetermine one's entry and exit points while maintaining MM - Money Management. With that in mind, one should be satisfied taking whatever profit or lose his entries have and should not soak oneself in regret if price continues in ones direction after the exit. After all, the market will always be there for another entry.

[Polar91]

By starting to believe to myself and strictly implementing the risk management. In this way I have to guide go my trading plan and with the help of the discipline I can apply it without any problem. The common mistake of newbie traders are they regretful in cutting off their loss since they believe that it'll regain its initial value as soon as possible which is why most of them ended up being stuck in a bearish market. Once you've overcome that regret, you can assure to yourself that your emotion won't affect your trade ever.

[NathanJB]

I think the best method would be for one to predetermine one's entry and exit points while maintaining MM - Money Management. With that in mind, one should be satisfied taking whatever profit or lose his entries have and should not soak oneself in regret if price continues in ones direction after the exit. After all, the market will always be there for another entry.

This would help a lot. Before making an order, one should already have a definite set of numbers for stop loss and take profit. If the prices and their movements change along the way, different from what are being expected and predicted by the technical analysis, one could always withdraw or cancel the orders and create another one based on the trend. Objective analysis of what is happening is the key.

[el kaka22]

Emotions is part of being human but to avoid this use mind not heart and follow the plan and need to be brave as trader and condition as crypto trader is normal the price  is highly volatile up and down movement in the market.

I would say you won't have to if you use a trading bot, I know trading bots are quite common these days and there are tons of them that actually make a quite good amount of money but there are ones that make a ton of loss as well so you would have to figure out which ones are good.

I have tried a lot myself but I don't want to advertise which ones are good or I don't know want to say which ones are bad because their owners or fanatics may show up and say bat shit crazy stuff but I am confident that if you find a bot that makes a good income for you then you won't have to take your emotions under control. In that case all you would have to do is have a real wallet following app on your phone that checks how much money you have and that way you will know if your bot is working or not.

[Genemind]

Looking after your holdings during the dip will only ruin your emotions. The first thing that you have to learn in day trading is to deal with every market situation. Keep calm and don't stress yourself out when the prices are dropping because that's a part of crypto's volatility. You should set your target goal. Don't be too greedy and don't be too fearful, you should know how to balance and handle your emotions.

[Tungsten-1]

I think the best method would be for one to predetermine one's entry and exit points while maintaining MM - Money Management. With that in mind, one should be satisfied taking whatever profit or lose his entries have and should not soak oneself in regret if price continues in ones direction after the exit. After all, the market will always be there for another entry.

This would help a lot. Before making an order, one should already have a definite set of numbers for stop loss and take profit. If the prices and their movements change along the way, different from what are being expected and predicted by the technical analysis, one could always withdraw or cancel the orders and create another one based on the trend. Objective analysis of what is happening is the key.

It’s good indeed we can have such amazing profitable trading but have to be good in planning for it. At first step never invest such huge amount that you can’t manage to lose. Just take start with well known and trust worthy sites and buy at low price so holding it will give you profit. Cut lose or suddenly panic it’s full of lose.

[DoublerHunter]

By starting to believe to myself and strictly implementing the risk management. In this way I have to guide go my trading plan and with the help of the discipline I can apply it without any problem. The common mistake of newbie traders are they regretful in cutting off their loss since they believe that it'll regain its initial value as soon as possible which is why most of them ended up being stuck in a bearish market. Once you've overcome that regret, you can assure to yourself that your emotion won't affect your trade ever.

^ That's it, "self-discipline". I f you have this you can manage your self from controlling your emotions. There are few traders cant accept if they are going to lose, especially those having a huge amount as capital and when they had lost they can't move on. Possible they were out of mine and think to lose everything they had. Nevertheless, you should have this self-discipline in order for you to survive whatever happens win or lose.

[Triffin]

Looking after your holdings during the dip will only ruin your emotions. The first thing that you have to learn in day trading is to deal with every market situation. Keep calm and don't stress yourself out when the prices are dropping because that's a part of crypto's volatility. You should set your target goal. Don't be too greedy and don't be too fearful, you should know how to balance and handle your emotions.

The Greed of getting more and more profit, and the Fear of losing profit are the two emotions which a person should control very seriously because these are the two emotions which can destroy the whole trading of a person. A trader should build up his own strategies while trading and he must not follow his emotions but his knowledge Because sometimes due to stress a trader get panic and unable to decide the right thing, thus lose his profit.

[darewaller]

In market of trading you will face so many people like this who know well how to deceive other people. Better stay careful and don’t invest your money in unknown sites just keep focus on your skills and gain knowledge. In trading you Will have to trust your own research don’t trust fake news it can make you take wrong step just be patient.

The worst enemy of a successful trade is to listen to news and take the news exactly the way it is presented without really verifying the news, this is exactly what leads to emotion, it is either you are anxious to take certain decision that will lead to you buying a particular coin when you are not supposed to place it or when you place a buy order when you are not supposed to do so, and the other part of the emotion that causes panic buy is to listen to fud, these creates anger and makes the trader or investor to cheaply exit the market without actually verifying if the fud is just to create dump by whales or real.

In my trade and in my investment, I never take action as regards news without me ever verifying the truthfulness of the news first.

[nelson4lov]

A trader's inability to control their emotions has always led to losses. I've seen it happen many times. FOMO for instance is one of the major reasons traders catch knifes, fan blades or even helicopter blades (due to buys at the peak) If an emotion like Fomo isn't properly put in check. Another emotion that tends to rekt traders is the loss syndrome. This is as bad as FOMO. You start feeling disappointed in yourself and casting blames here and there.

The best way to overcome emotions during trading is to have a neutral feeling about trades. A coin has both sides and you can either be wrong or right. The earlier you understand that a trade can go both ways, the better.  As for Fomo, In my experience You just have to stop chasing pumps. It's that simple. The best way to profit in this market is not about chasing pumps but by spotting and catching the trends early.

[xSkylarx]

In my trade and in my investment, I never take action as regards news without me ever verifying the truthfulness of the news first.

Doing your own research is always the best thing to do. Some people don't bother to research on their own and their only mindset when trading is to earn. News just causes people to panic and if we let our emotions affect that news, only the people behind it will benefit. They want to buy at the price they want so they spread fuds with an unreliable resource.

[Mahanton]

In my trade and in my investment, I never take action as regards news without me ever verifying the truthfulness of the news first.

Doing your own research is always the best thing to do. Some people don't bother to research on their own and their only mindset when trading is to earn. News just causes people to panic and if we let our emotions affect that news, only the people behind it will benefit. They want to buy at the price they want so they spread fuds with an unreliable resource.

Just let those human being natural reactions would come out yet sooner or later they would surely learn with that kind of mistake.

Reacting into things is inevitable thats why we do make such actions basing on what we are currently seeing until we do realize that we had committed the wrong
ones which on next face up on said situation you are already aware on what would be the best thing to do under those circumstances.

Experience is the best teacher but if you do tend to learn from it.

[d3nz]

Just be cool and don't panic buying and selling even though there is a lot of FUDS or FOMO roaming around this forum or even part of the community website related to cryptocurrency.

Best is always to be always in chill and manage your mind and instinct to trade so it will not be your lost.

[AicecreaME]

In my trade and in my investment, I never take action as regards news without me ever verifying the truthfulness of the news first.

Doing your own research is always the best thing to do. Some people don't bother to research on their own and their only mindset when trading is to earn. News just causes people to panic and if we let our emotions affect that news, only the people behind it will benefit. They want to buy at the price they want so they spread fuds with an unreliable resource.

I disagree, how can you earn if you don't know anything about what you are doing? you could do Trading without any knowledge weapon, but it is so stupid. The news are mostly legit all of the time, the only problem is that they are adding up or subtracting a certain information, that is the reason why it is very misleading and confusing, and of course if people absorbed that and apply it instantly, then they could say goodbye to their profits.

[watergold]

In my trade and in my investment, I never take action as regards news without me ever verifying the truthfulness of the news first.

Doing your own research is always the best thing to do. Some people don't bother to research on their own and their only mindset when trading is to earn. News just causes people to panic and if we let our emotions affect that news, only the people behind it will benefit. They want to buy at the price they want so they spread fuds with an unreliable resource.

Don't be influenced by the news, I always ignore it, your word is true, they spread fud, but the fact that the news does not occur in the market, I always control emotions when trading, because panic and emotional feelings must be guarded, trading must be with a clear mind and relax .

[iamsange]

In my trade and in my investment, I never take action as regards news without me ever verifying the truthfulness of the news first.

Doing your own research is always the best thing to do. Some people don't bother to research on their own and their only mindset when trading is to earn. News just causes people to panic and if we let our emotions affect that news, only the people behind it will benefit. They want to buy at the price they want so they spread fuds with an unreliable resource.

Don't be influenced by the news, I always ignore it, your word is true, they spread fud, but the fact that the news does not occur in the market, I always control emotions when trading, because panic and emotional feelings must be guarded, trading must be with a clear mind and relax .

Actually read on news is good. Sometime when rumor spread, it will affect on bitcoin price. Not only bad news, but good news sometime happen. When good rumor happen, price of bitcoin increased and we can take advantage from it.

[erickastella]

every time I trade I always use stop loss in order to minimize losses, even if I have to make a CL doing it is quite emotional, but I am able to control my emotions, by walking around the park to relieve stress and sometimes play with my child, remember buying at red sells at green, sometimes traders always make the mistake of buying coins / altcoin when it reaches the top, it's very avoided by me, because it can happen a very deep dump, therefore it is important to control emotions in trading also determine its profit or not.

[jrrsparkles]

every time I trade I always use stop loss in order to minimize losses, even if I have to make a CL doing it is quite emotional, but I am able to control my emotions, by walking around the park to relieve stress and sometimes play with my child, remember buying at red sells at green, sometimes traders always make the mistake of buying coins / altcoin when it reaches the top, it's very avoided by me, because it can happen a very deep dump, therefore it is important to control emotions in trading also determine its profit or not.

Basically we need to stop when we get emotional? Hmm might be but we also can understand the market movement from our own feelings if we are in control of it.We have to just act to the opposite of what we are doing that is how whale move the market,having stop loss can save us from great losses but we still have to active to be in profits that is what a trader supposed to do.

[ringgo96]

Emotional control is not easy because now it is one of human nature. if there is a decline in our assets there will certainly be panic in ourselves. experience is what will make emotions will be controlled. because if we are not used to the feeling of emotion will not disappear. everyone must experience it when trading

[Sadlife]

One of the most popular emotions among traders is a notorious fear of missing out,
or simply FOMO, which picks when the market is high.📈
⠀Watching the price of an asset soaring higher and higher, while out of the deal,
a trader often feels even worse than in case of losses.⚠️
⠀So, what exactly can you do to prevent emotion-connected issues?
⠀Accept the fact that you can’t buy at the lowest and sell at the highest prices;☝🏻
⠀Don’t be looking at the charts all the time;❌
⠀Use a trading plan ruling how to deal with profits and losses;📝
⠀Follow your own plans, don’t compare your results with results of other traders too often.👨🏼‍💼

but the most important part that you missed to indicate is "Never trade when your not ready"

readiness means:

--complete sleep

--not angry or sad

--and not in a Hurry

because our emotion will lead us to either bad or good decisions

[deisik]

Hmm might be but we also can understand the market movement from our own feelings if we are in control of it.We have to just act to the opposite of what we are doing that is how whale move the market,having stop loss can save us from great losses but we still have to active to be in profits that is what a trader supposed to do

It has been tried out already, and no, it doesn't appear to work. For example, you are inevitably losing in the long run, so you set up a system which automatically changes your orders into their opposites without you even being aware of it (or someone else sets it up for you to try out this approach). So when you buy something, the system sells it, and vice versa (let's assume you can both sell and buy)

Does it mean you will stop losing?

[jrrsparkles]

Hmm might be but we also can understand the market movement from our own feelings if we are in control of it.We have to just act to the opposite of what we are doing that is how whale move the market,having stop loss can save us from great losses but we still have to active to be in profits that is what a trader supposed to do

It has been tried out already, and no, it doesn't appear to work. For example, you are inevitably losing in the long run, so you set up a system which automatically changes your orders into their opposites without you even being aware of it (or someone else sets it up for you to try out this approach). So when you buy something, the system sells it, and vice versa (let's assume you can both sell and buy)

Does it mean you will stop losing?

Not from every losses but it can save us from serious losses when the whales dump the market but again it is impossible to predict what is going to happen so we have to draw our own line of which price to sell and where to buy again apart from the market condition which can give profits we wanted but others may make more or may be loss.

[zidanw]

Not provoked by the market or fomo conditions that occur so that we will not go wrong. if we carry over this condition many of them finally buy at the highest point position. it's better to always use indicators that you understand. following fomo is very high risk if there is no clear info that we know of. many people play in this condition

[deisik]

Hmm might be but we also can understand the market movement from our own feelings if we are in control of it.We have to just act to the opposite of what we are doing that is how whale move the market,having stop loss can save us from great losses but we still have to active to be in profits that is what a trader supposed to do

It has been tried out already, and no, it doesn't appear to work. For example, you are inevitably losing in the long run, so you set up a system which automatically changes your orders into their opposites without you even being aware of it (or someone else sets it up for you to try out this approach). So when you buy something, the system sells it, and vice versa (let's assume you can both sell and buy)

Does it mean you will stop losing?

Not from every losses but it can save us from serious losses when the whales dump the market

We can know that only in hindsight

Unless we have insider info which we typically don't (I mean, en masse). As an illustrative example, when the price of some cryptocurrency starts to move down big time (think Bitcoin here, for simplicity's sake), we essentially have three modi operandi (plural of modus operandi, i.e. a particular way of doing something), which are described in detail below. Maybe someone can come up with something entirely different

First, we can do nothing, i.e. wait out the bad times and hope for the best, in this case, for the price to recover (eventually or otherwise, sooner or later). It may pan out but as easily it may not. For example, those who bought at anything above 15k are still deeply in red, and many of them have already lost all hope and called it a day by fixing losses (so much for doing nothing)

Then, we can sell immediately and thus prevent losses from accumulating and multiplying. But this is not a panacea either since, as I said, we can only measure the bottom once we have touched it and rebounded from it. In other words, selling in these circumstances can in fact turn out quite counterproductive, and instead of preventing losses, we can set off on a journey of collecting them here and there

And finally, we can choose a completely different, even somewhat antagonistic approach by taking the route of cost-averaging. Basically, we can continuously add up to a losing position but since this can be seen as an extension of the first approach, instead of making our position better, we may actually end up with a worse one (like when we started to average down from the ATH of 20k)

As you can see, not a single one of these three possible ways of trading in a downtrend market can guarantee anything

[Ejanend]

every time I trade I always use stop loss in order to minimize losses, even if I have to make a CL doing it is quite emotional, but I am able to control my emotions, by walking around the park to relieve stress and sometimes play with my child, remember buying at red sells at green, sometimes traders always make the mistake of buying coins / altcoin when it reaches the top, it's very avoided by me, because it can happen a very deep dump, therefore it is important to control emotions in trading also determine its profit or not.

These tips for controlling ones emotions and calming down the mind during stress hours would be a great help to many people. I totally understand that there are ups and downs in all sort of journeys but we should stay patient regardless of the situation. Moreover, if someone has invested in a great coin like bitcoin, at least he does not need to stress out because such investments have proven profitable.

[Triffin]

One of the most popular emotions among traders is a notorious fear of missing out,
or simply FOMO, which picks when the market is high.📈
⠀Watching the price of an asset soaring higher and higher, while out of the deal,
a trader often feels even worse than in case of losses.⚠️
⠀So, what exactly can you do to prevent emotion-connected issues?
⠀Accept the fact that you can’t buy at the lowest and sell at the highest prices;☝🏻
⠀Don’t be looking at the charts all the time;❌
⠀Use a trading plan ruling how to deal with profits and losses;📝
⠀Follow your own plans, don’t compare your results with results of other traders too often.👨🏼‍💼

but the most important part that you missed to indicate is "Never trade when your not ready"

readiness means:

--complete sleep

--not angry or sad

--and not in a Hurry

because our emotion will lead us to either bad or good decisions

These three things influence very much in people’s lives because not taking complete sleep means that a person is not in a condition to decide whether he doing good or not and I think trading is something which need much intelligence and activeness which a tired brain cannot manage, and having angry or sad mind could not do any proper decision about buying or selling in trading, so always be comfortable while trading then your emotion will be control.

[Landak]

Controlling emotions when trading is easy if you already know "cause" and "effect".
first you have to stay calm, use your own analysis because with your own analysis you will not follow FOMO, from this analysis you will be able to determine whether this trend is Up or Down. when trading, it is better if you set the stop limit loss option to minimize excessive losses.
read news about economic movements which can affect the price or not, and remember don't make a decision without analyzing, a lot of news that is less valid will eventually be trapped in the wrong situation.

[Gotumoot]

To control my emotions in trading I immediately plan for possible events. Just like the sudden rise in prices I find out the causes and whether they should really sell. And in the fall I do the same thing so I know how deep I think it will fall. I am satisfied with my income, so I do not want to get bigger because it can cause losses. It's just like the gamble "When I win I quit".

[AliMan]

To control my emotions in trading I immediately plan for possible events. Just like the sudden rise in prices I find out the causes and whether they should really sell. And in the fall I do the same thing so I know how deep I think it will fall. I am satisfied with my income, so I do not want to get bigger because it can cause losses. It's just like the gamble "When I win I quit".

Just avoid having greed so we will have satisfaction with our gains even though how small it is as long as it gives us profit. Eventually as you continue your tradings, you can increase your buying capability for adding up your capital and earn potential high gains, once the market remarkably touch the top value. Always set all your goals accordingly, by optimizing your funds because if you do it successfully I believed you won't regret that decision. Learn all of the possible ways to handle situations, that you think could affect your trading capacity.

[Tungsten-1]

In my trade and in my investment, I never take action as regards news without me ever verifying the truthfulness of the news first.

Doing your own research is always the best thing to do. Some people don't bother to research on their own and their only mindset when trading is to earn. News just causes people to panic and if we let our emotions affect that news, only the people behind it will benefit. They want to buy at the price they want so they spread fuds with an unreliable resource.

Don't be influenced by the news, I always ignore it, your word is true, they spread fud, but the fact that the news does not occur in the market, I always control emotions when trading, because panic and emotional feelings must be guarded, trading must be with a clear mind and relax .

Actually read on news is good. Sometime when rumor spread, it will affect on bitcoin price. Not only bad news, but good news sometime happen. When good rumor happen, price of bitcoin increased and we can take advantage from it.

Bitcoin is ruling all other crypto currencies and this is the major reason why other teams spread fake news about the downfall of bitcoin. In this way, they are able to reduce their competition by influencing young or new traders who start dumping bitcoin. If all bitcoin supporters stay unaffected by bad news, they will in short time gain huge profits.

[Ejanend]

Controlling emotions when trading is easy if you already know "cause" and "effect".
first you have to stay calm, use your own analysis because with your own analysis you will not follow FOMO, from this analysis you will be able to determine whether this trend is Up or Down. when trading, it is better if you set the stop limit loss option to minimize excessive losses.
read news about economic movements which can affect the price or not, and remember don't make a decision without analyzing, a lot of news that is less valid will eventually be trapped in the wrong situation.

That is true. However, it takes some time before a person can really understand cause and effect. Not only this, acknowledging the reality even after knowing it is also a gutsy task. Sometimes, we simply deny the truth because we do not want that to be the truth. Only a mature person can understand reason and act accordingly. The best way to control emotions is to remind oneself everyday how important this is.

[Fredomago]

To control my emotions in trading I immediately plan for possible events. Just like the sudden rise in prices I find out the causes and whether they should really sell. And in the fall I do the same thing so I know how deep I think it will fall. I am satisfied with my income, so I do not want to get bigger because it can cause losses. It's just like the gamble "When I win I quit".

Just avoid having greed so we will have satisfaction with our gains even though how small it is as long as it gives us profit. Eventually as you continue your tradings, you can increase your buying capability for adding up your capital and earn potential high gains, once the market remarkably touch the top value. Always set all your goals accordingly, by optimizing your funds because if you do it successfully I believed you won't regret that decision. Learn all of the possible ways to handle situations, that you think could affect your trading capacity.

Setting goals and stick to your original plan and avoid changing things if you are unsure, since heavy fluctuations are present to this venue being greed will eat you alive and make you commit more mistakes. Be very careful as market have a lots of things to offer and if you are misguided you'll lose your
position together with the chance of earning from this industry. Let things happened according to what you think you have the edges.

[bitzizzix]

In my trade and in my investment, I never take action as regards news without me ever verifying the truthfulness of the news first.

Doing your own research is always the best thing to do. Some people don't bother to research on their own and their only mindset when trading is to earn. News just causes people to panic and if we let our emotions affect that news, only the people behind it will benefit. They want to buy at the price they want so they spread fuds with an unreliable resource.

Don't be influenced by the news, I always ignore it, your word is true, they spread fud, but the fact that the news does not occur in the market, I always control emotions when trading, because panic and emotional feelings must be guarded, trading must be with a clear mind and relax .

Actually read on news is good. Sometime when rumor spread, it will affect on bitcoin price. Not only bad news, but good news sometime happen. When good rumor happen, price of bitcoin increased and we can take advantage from it.

Bitcoin is ruling all other crypto currencies and this is the major reason why other teams spread fake news about the downfall of bitcoin. In this way, they are able to reduce their competition by influencing young or new traders who start dumping bitcoin. If all bitcoin supporters stay unaffected by bad news, they will in short time gain huge profits.

Do not blame good or bad news, it all depends on their intelligence in thinking and searching for the truth, especially in bad news that affects traders to panic.
news will train mentally and test intelligence in the minds and maturity of traders so that they are not influenced by any news to find the truth so they don't make wrong decisions.
always learn from mistakes and experience in your knowledge and
doing your own research is always the best thing to do so that no mistakes are made again.

[Apened]

To control my emotions in trading I immediately plan for possible events. Just like the sudden rise in prices I find out the causes and whether they should really sell. And in the fall I do the same thing so I know how deep I think it will fall. I am satisfied with my income, so I do not want to get bigger because it can cause losses. It's just like the gamble "When I win I quit".

Just avoid having greed so we will have satisfaction with our gains even though how small it is as long as it gives us profit. Eventually as you continue your tradings, you can increase your buying capability for adding up your capital and earn potential high gains, once the market remarkably touch the top value. Always set all your goals accordingly, by optimizing your funds because if you do it successfully I believed you won't regret that decision. Learn all of the possible ways to handle situations, that you think could affect your trading capacity.

Yes, greediness is the enemy of a trader even how much he already earn. But i do ithink to control emotions in trading is to have always a good bias where in you always look for 2-3 different outcomes or possible scenarios.

[Best Dreams]

Controlling emotions when trading is easy if you already know "cause" and "effect".
first you have to stay calm, use your own analysis because with your own analysis you will not follow FOMO, from this analysis you will be able to determine whether this trend is Up or Down. when trading, it is better if you set the stop limit loss option to minimize excessive losses.
read news about economic movements which can affect the price or not, and remember don't make a decision without analyzing, a lot of news that is less valid will eventually be trapped in the wrong situation.

That is true. However, it takes some time before a person can really understand cause and effect. Not only this, acknowledging the reality even after knowing it is also a gutsy task. Sometimes, we simply deny the truth because we do not want that to be the truth. Only a mature person can understand reason and act accordingly. The best way to control emotions is to remind oneself everyday how important this is.

I think everyone should give this power to control of emotions to themselves otherwise we know if we lost patience it will make all lose better hold on and wait for an other opportunity as crypto trading gives uncountable opportunity to the traders if today you lose money so the next day you can win but good luck always needs to wait and we all will get to wait until market recovers.

[browncurtis]

https://c.radikal.ru/c11/1910/12/39d80ac8b744.png

One of the most popular emotions among traders is a notorious fear of missing out,
or simply FOMO, which picks when the market is high.📈
⠀
Watching the price of an asset soaring higher and higher, while out of the deal,
a trader often feels even worse than in case of losses.⚠️
⠀
So, what exactly can you do to prevent emotion-connected issues?
⠀
Accept the fact that you can’t buy at the lowest and sell at the highest prices;☝🏻
⠀
Don’t be looking at the charts all the time;❌
⠀
Use a trading plan ruling how to deal with profits and losses;📝
⠀
Follow your own plans, don’t compare your results with results of other traders too often.👨🏼‍💼


I totally agree with this opinion. But in fact, it's really hard not to compare with other 

[Aying]

Emotional control is not easy because now it is one of human nature. if there is a decline in our assets there will certainly be panic in ourselves. experience is what will make emotions will be controlled. because if we are not used to the feeling of emotion will not disappear. everyone must experience it when trading

Indeed. it needs to be experience not just experience of others. every traders done this experience and we need to endure the pain and start over and learn. everyone that trades here have their own bad situation everytime they enter the market. lets insure that we have information of all strategies that what we need.

[zeze18]

To control it we must train it by experience.
I'm comparing my trades history between 2 years ago and right now.
I used to buy 1 coins and panic sell when the price drop a bit and move to a bullish coin but when i bought it the price got dropped also.
So day by day i keep practicing my trading analysis and see the market movement , right now it's a lot of better in terms of the risk management

[mrBTCman]

Try to create a plan each time you enter the market, and stick to it. It helps to keep calm. If necessary, apply for some trading tools to feel more comfortable and confident. For example, I have recently explored for myself info bot launched by the exchange I use - https://t.me/CexIoInfoBot. I like the idea of monitoring the changes that occur in the crypto market and price movements. Also, I noticed I feel calmer now because if something new will happen in the market, I will be informed.

[darewaller]

To control my emotions in trading I immediately plan for possible events. Just like the sudden rise in prices I find out the causes and whether they should really sell. And in the fall I do the same thing so I know how deep I think it will fall. I am satisfied with my income, so I do not want to get bigger because it can cause losses. It's just like the gamble "When I win I quit".

Always targeting high profit sometimes makes it difficult for us to be able to control our emotion, and we always fail to execute trade when we are meant to execute it which may eventually lead us to making the wrong decision and falling as victim of panic.

Since we are humans, it is really very difficult to control emotion, and no one is perfect in doing this, we only try as much as possible to use some certain tools to cover our shame which one of the tool that I do use to actually cover my secret is that of stop loss too, and also the profit taking tool, and that is why I can never use any exchange that does not have this tool in place, because if I do, I will only end up shooting myself in the leg by falling for my emotion which I don’t think I can naturally control.

[arifteguhr]

To control my emotions in trading I immediately plan for possible events. Just like the sudden rise in prices I find out the causes and whether they should really sell. And in the fall I do the same thing so I know how deep I think it will fall. I am satisfied with my income, so I do not want to get bigger because it can cause losses. It's just like the gamble "When I win I quit".

Experience that will provide learning how to stay accustomed to the market conditions we will face. because that way we will understand how the sensation of being able to still be able to control our emotions. because now there are so many theories that in my opinion can not provide direct experience how to control one's emotions

[Kersh768]

One of the most popular emotions among traders is a notorious fear of missing out,
or simply FOMO, which picks when the market is high.📈
⠀
Watching the price of an asset soaring higher and higher, while out of the deal,
a trader often feels even worse than in case of losses.⚠️
⠀
So, what exactly can you do to prevent emotion-connected issues?
⠀
Accept the fact that you can’t buy at the lowest and sell at the highest prices;☝🏻
⠀
Don’t be looking at the charts all the time;❌
⠀
Use a trading plan ruling how to deal with profits and losses;📝
⠀
Follow your own plans, don’t compare your results with results of other traders too often.👨🏼‍💼

Trying to be calm would be the first step tocontrol your emotions while trading in order to avoid risky decisions. But it is not thay easy especially at times like this wherein the cryptomarket is showing extreme volatility. In order to be calm, think of what happened before. The market value was very low way back 2010 and also, how high the market prices became last 2017. This simply implies that there would always be a tendency for the market to recover no matter how bad the situation become.

[BChydro]

Experience that will provide learning how to stay accustomed to the market conditions we will face. because that way we will understand how the sensation of being able to still be able to control our emotions. because now there are so many theories that in my opinion can not provide direct experience how to control one's emotions

You need to have a good experience to have a level head when you are trading and you have to be free of pressure not to panic and sell when you see the market going down, if you enter the market at a good time then there is no way you will end up in a loss and in order to trade with patience you need to have a good financial stability so that you are able to hold for a long period of time and if you are able to do that then you will reap the benefits of this market.

[romero121]

Controlling emotions while trading is a very simple thing, for this user needs to have patience to yield profit. Users always want instant profit, this is where the risk of losing happens. Day traders go with large volume funds with small margin profit. When we're doing trade with small capital we should be prepared to buy and hold to sell at the right price.

Emotions can be controlled in other way investing on the top altcoins and trading. Regularly there will be small scale fluctuations. We need to observe the market moves closely. This will help in execution of the trade at the right price to profit good.

[Darooghe]

You can't control them unless you embrace them, and become aware of what you're doing and why, at the time you're experiencing the FOMO. you can arbitrarily force yourself from trading in case of a loss. take a breath and hit the treadmill. if you lose a trade, hit the treadmill for 10 minutes or so. it'll do wonders for your state of mind.

Furthermore you shouldn't worry about your trade and focus on yourself. if you get yourself in the right mindset, then your trade will follow you. occasionally you'll get a few situations you can't deal with along the way but hey, it happens, don't worry about it. you should use whatever means you use to calm yourself down whether its deep breaths, your favorite music, happy thoughts or something you know you better than we do.

[Obito]

One of the most popular emotions among traders is a notorious fear of missing out,
or simply FOMO, which picks when the market is high.📈
⠀⠀
So, what exactly can you do to prevent emotion-connected issues?
⠀
Accept the fact that you can’t buy at the lowest and sell at the highest prices;☝🏻
⠀
Don’t be looking at the charts all the time;❌
⠀
Use a trading plan ruling how to deal with profits and losses;📝
⠀
Follow your own plans, don’t compare your results with results of other traders too often.👨🏼‍💼

Sometimes you gotta need to do something odd rather than what the majority did. But sometimes it may imply unexpected result. As to play safe, what has been doing by majority is the better option you could offer to yourself. On the other hand, after all doing this, it will still be about your personal behavior, no matter what the strategies or plans you had with your mind as long as you let your emotions control over yourself you won't be getting far than you supposed to be. It ruined all plans and strategies, so let your emotions out of it for a succesful trading.

[vintages]

I think excessive monitoring of the price site like CMC and chart should be the paramount here.
This particularly creates panic which in turn causes panic selling.
This does not mean that the trader should shut themselves out from been updated on the latest news on crypto but instead reduce constant watching of price especially on the period  many are panic selling.

[Webetcoins]

One of the most popular emotions among traders is a notorious fear of missing out,
or simply FOMO, which picks when the market is high.📈
⠀
Watching the price of an asset soaring higher and higher, while out of the deal,
a trader often feels even worse than in case of losses.⚠️
⠀
So, what exactly can you do to prevent emotion-connected issues?
⠀
Accept the fact that you can’t buy at the lowest and sell at the highest prices;☝🏻
⠀
Don’t be looking at the charts all the time;❌
⠀
Use a trading plan ruling how to deal with profits and losses;📝
⠀
Follow your own plans, don’t compare your results with results of other traders too often.👨🏼‍💼

Trying to be calm would be the first step tocontrol your emotions while trading in order to avoid risky decisions. But it is not thay easy especially at times like this wherein the cryptomarket is showing extreme volatility. In order to be calm, think of what happened before. The market value was very low way back 2010 and also, how high the market prices became last 2017. This simply implies that there would always be a tendency for the market to recover no matter how bad the situation become.

Yes a person should start trading at that time until and unless he knows how to control his emotions because due to stress situation he could lose a lot of money in trading as a trader could face much problems due to panic selling, and for controlling emotions he must know the conditions of the market and always should be hopeful for the market recovery.

[doomloop]

In my trade and in my investment, I never take action as regards news without me ever verifying the truthfulness of the news first.

Doing your own research is always the best thing to do. Some people don't bother to research on their own and their only mindset when trading is to earn. News just causes people to panic and if we let our emotions affect that news, only the people behind it will benefit. They want to buy at the price they want so they spread fuds with an unreliable resource.

Don't be influenced by the news, I always ignore it, your word is true, they spread fud, but the fact that the news does not occur in the market, I always control emotions when trading, because panic and emotional feelings must be guarded, trading must be with a clear mind and relax .

Actually read on news is good. Sometime when rumor spread, it will affect on bitcoin price. Not only bad news, but good news sometime happen. When good rumor happen, price of bitcoin increased and we can take advantage from it.

Bitcoin is ruling all other crypto currencies and this is the major reason why other teams spread fake news about the downfall of bitcoin. In this way, they are able to reduce their competition by influencing young or new traders who start dumping bitcoin. If all bitcoin supporters stay unaffected by bad news, they will in short time gain huge profits.

Do not blame good or bad news, it all depends on their intelligence in thinking and searching for the truth, especially in bad news that affects traders to panic.
news will train mentally and test intelligence in the minds and maturity of traders so that they are not influenced by any news to find the truth so they don't make wrong decisions.
always learn from mistakes and experience in your knowledge and
doing your own research is always the best thing to do so that no mistakes are made again.

Exactly, it is not the news but the lack of knowledge and trust that should be considered responsible for making blunders. If a trader sells out his coin out of FUDs and rumors, he should only blame himself. Every innovation has supporters and haters. It is individuals choice which groups he chooses to be in. People even doubt bitcoin which has introduced millionaires already. I really don't know what else it needs to do in order to get approval of investors.

[Botnake]

I don't know if I still remember it correctly but I have never been FOMO in my life as a trader.
I know FOMO is possible especially for the new ones and they are likely be easily be victims of the market manipulation.

FOMO is what the whales like that's why they are moving the price, if we will fall for this one, we will surely end up regretting since after the FOMO market correction will happen.

[Faxmate]

In my trade and in my investment, I never take action as regards news without me ever verifying the truthfulness of the news first.

Doing your own research is always the best thing to do. Some people don't bother to research on their own and their only mindset when trading is to earn. News just causes people to panic and if we let our emotions affect that news, only the people behind it will benefit. They want to buy at the price they want so they spread fuds with an unreliable resource.

Don't be influenced by the news, I always ignore it, your word is true, they spread fud, but the fact that the news does not occur in the market, I always control emotions when trading, because panic and emotional feelings must be guarded, trading must be with a clear mind and relax .

Actually read on news is good. Sometime when rumor spread, it will affect on bitcoin price. Not only bad news, but good news sometime happen. When good rumor happen, price of bitcoin increased and we can take advantage from it.

Bitcoin is ruling all other crypto currencies and this is the major reason why other teams spread fake news about the downfall of bitcoin. In this way, they are able to reduce their competition by influencing young or new traders who start dumping bitcoin. If all bitcoin supporters stay unaffected by bad news, they will in short time gain huge profits.

Do not blame good or bad news, it all depends on their intelligence in thinking and searching for the truth, especially in bad news that affects traders to panic.
news will train mentally and test intelligence in the minds and maturity of traders so that they are not influenced by any news to find the truth so they don't make wrong decisions.
always learn from mistakes and experience in your knowledge and
doing your own research is always the best thing to do so that no mistakes are made again.

Exactly, it is not the news but the lack of knowledge and trust that should be considered responsible for making blunders. If a trader sells out his coin out of FUDs and rumors, he should only blame himself. Every innovation has supporters and haters. It is individuals choice which groups he chooses to be in. People even doubt bitcoin which has introduced millionaires already. I really don't know what else it needs to do in order to get approval of investors.

This is normal in the world of business or in any market that people spread rumors to put the most popular project down and usually young or new traders fall prey to such rumors. New traders shall not get influenced easily rather they shall always have some mature trader for guidance. I strongly support this idea that old traders shall help new ones because in this way market will grow strong.

[Edraket31]

I don't know if I still remember it correctly but I have never been FOMO in my life as a trader.
I know FOMO is possible especially for the new ones and they are likely be easily be victims of the market manipulation.

FOMO is what the whales like that's why they are moving the price, if we will fall for this one, we will surely end up regretting since after the FOMO market correction will happen.

Good thing for you as this was the common mistakes of day traders, when they say one coin is pumping they are taking and grabbing the opportunity to have some profit, so they are buying even it is high, then turned out that they were Rekt. I've encountered this too, so I stop trading for a while, making sure I will control it before doing trading.

[Botnake]

I don't know if I still remember it correctly but I have never been FOMO in my life as a trader.
I know FOMO is possible especially for the new ones and they are likely be easily be victims of the market manipulation.

FOMO is what the whales like that's why they are moving the price, if we will fall for this one, we will surely end up regretting since after the FOMO market correction will happen.

Good thing for you as this was the common mistakes of day traders, when they say one coin is pumping they are taking and grabbing the opportunity to have some profit, so they are buying even it is high, then turned out that they were Rekt. I've encountered this too, so I stop trading for a while, making sure I will control it before doing trading.

It's a mistake that we have to correct by learning from that mistake, this shows our immaturity being a trader and while there are people who easily get FOMO, the whales or the smart traders will continue to take that advantage on that weakness for their benefit.

[desticy]

Note that if you trade on a demo account, then losses will not touch you as much as they touch on a real account. You do not feel emotion for the money that you are not afraid to lose.
All problems are precisely because of this. When people trade, often, for them this money is very valuable, they depend on them.

When they lose them, lose in unsuccessful transactions, they feel pain, which leads to emotional reactions that they cannot control.
The same thing with greed, it arises only if you depend on this money. To learn how to control your emotions you need not to experience anything for the money you are trading for.

[Capt00]

Note that if you trade on a demo account, then losses will not touch you as much as they touch on a real account. You do not feel emotion for the money that you are not afraid to lose.
All problems are precisely because of this. When people trade, often, for them this money is very valuable, they depend on them.

When they lose them, lose in unsuccessful transactions, they feel pain, which leads to emotional reactions that they cannot control.
The same thing with greed, it arises only if you depend on this money. To learn how to control your emotions you need not to experience anything for the money you are trading for.

It is not all true that when you play on a demo account you can't feel any emotions because for me you still feel a little frustrated whenever you trade wrong or you lose because that means that your strategy isn't working but it doesn't have a worry on a financial aspect since its a demo account and you will not lose any money. I think it is easy to trade using a demo account than the real one because when of all the worries you have like what if the strategy won't work or whatever. In gambling you just have to have a focus mind to think of good strategies and never let your greed control you.

[agentx44]

One of the most popular emotions among traders is a notorious fear of missing out,
or simply FOMO, which picks when the market is high.📈
⠀
Watching the price of an asset soaring higher and higher, while out of the deal,
a trader often feels even worse than in case of losses.⚠️
⠀
So, what exactly can you do to prevent emotion-connected issues?
⠀
Accept the fact that you can’t buy at the lowest and sell at the highest prices;☝🏻
⠀
Don’t be looking at the charts all the time;❌
⠀
Use a trading plan ruling how to deal with profits and losses;📝
⠀
Follow your own plans, don’t compare your results with results of other traders too often.👨🏼‍💼

The best way to handle your emotions while trading is through having a clear mindset and goal. You should always look forward on something like trusting that the crypto you are investing in is going high next month or within a certain year. If ever you miss out some good coins, don't mind it and move forward on other crypto that might go high also later on. Don't be stucked on missing out and always know that there are a lot of coins existing and plenty of them will be successful someday.

[secretgirl]

very true you say, one of the causes of emotions is when we feel excessive fear of loss. and when you suggest arranging a trade plan that governs how to handle profits or losses, in my opinion it's the best solution so that we don't get too emotional when things don't go as expected. You also have to believe in your own plans or strategies, so that when someone else's strategy is better than yours, you can accept it gracefully. that way, maybe we can minimize the emotions that are in ourselves.

[Triffin]

One of the most popular emotions among traders is a notorious fear of missing out,
or simply FOMO, which picks when the market is high.📈
⠀
Watching the price of an asset soaring higher and higher, while out of the deal,
a trader often feels even worse than in case of losses.⚠️
⠀
So, what exactly can you do to prevent emotion-connected issues?
⠀
Accept the fact that you can’t buy at the lowest and sell at the highest prices;☝🏻
⠀
Don’t be looking at the charts all the time;❌
⠀
Use a trading plan ruling how to deal with profits and losses;📝
⠀
Follow your own plans, don’t compare your results with results of other traders too often.👨🏼‍💼

The best way to handle your emotions while trading is through having a clear mindset and goal. You should always look forward on something like trusting that the crypto you are investing in is going high next month or within a certain year. If ever you miss out some good coins, don't mind it and move forward on other crypto that might go high also later on. Don't be stucked on missing out and always know that there are a lot of coins existing and plenty of them will be successful someday.

Being Stuck at some point of past is poisonous for mind. The person is unable to design future and do some productive thinking. This is the reason we are suggested to get rid of ‘ifs’ and ‘buts’ from our lives. Crypto is a world of unlimited opportunities. On daily basis, new projects are introduced and you can invest in any of them after doing some market research. Always try to go for popular coins.

[Kambal2000]

Trading is really hard and I cannot say not to panic or be afraid and just keep going, to just trade and trade and ignore your feelings, because that will worsen everything, so the least thing we can do if we are not feeling well, worried too much is to relax and stop trading for a while, have some rest, go out with your family and eat your favorite food. Make sure to clear your mind before doing trading.

[Shasha80]

In the world of trading, problems regarding how to control emotions are common and occur a lot. Indeed, it must be recognized if there is
one of the coins pump is very high, or the price of this drastic increase will make most people become FOMO because they want to get
profit right away. That's why a lot of whales manipulate the market to lure FOMO people. It's really easy so we can control emotions when
trading. Do not be panicked when you see prices rise or fall still follow the initial plan that we have create. And always think positively of the
analysis that we have made, do not be influenced by the analysis of others which is not necessarily true. If our emotions can be controlled
properly, usually the results we get are also good.

[Hypnosis00]

Trading is really hard and I cannot say not to panic or be afraid and just keep going, to just trade and trade and ignore your feelings, because that will worsen everything, so the least thing we can do if we are not feeling well, worried too much is to relax and stop trading for a while, have some rest, go out with your family and eat your favorite food. Make sure to clear your mind before doing trading.

This is just how we become proactive in all aspects of our life. If our mindset is negative, you can't surely think another option instead, it keeps you think all way in negative. Being emotional stress while trading will never contribute good nor it results in a positive response from your trading investment. This is why we should have to change our mindset first before anything else, otherwise, we'll just throw our money by then.

[ufaiz50]

Usually to control emotions to be more rational is to trade when the mood is good. In practice controlling emotions is very difficult, it is different if we know it in theory. Experience is a good key to controlling emotions while trading.

Actually there are many problems in trading but emotions are the final determinant of how you will act in the market. Emotions sometimes also lead us to great losses, or can be to great benefits.

[Apened]

Usually to control emotions to be more rational is to trade when the mood is good. In practice controlling emotions is very difficult, it is different if we know it in theory. Experience is a good key to controlling emotions while trading.

Actually there are many problems in trading but emotions are the final determinant of how you will act in the market. Emotions sometimes also lead us to great losses, or can be to great benefits.

Exactly, i will going to add more. In able to control emotions don't act the way emotions tell us. First check the analysis(learning how to read charts is a must) for a trader. In that method you will have an idea that will let your emotions somehow to cooldown then after that make a plan A and B as much as you can. Don't sell at any price or act quickly unless it was continuous dump or pump. What goes up or down will take its time to get back there's still time for a person to think unlike using emotions that in any price without planning and thinking that it might be a trap for your emotions to be caught and that's how whales makes money to fool people esp. Emotional traders.

[puertorikosena]

Yes indeed. I also think that the first thing a trader needs to learn is the ability to manage his emotions. Almost everyone is trying to get the maximum profit waiting for the bottom or top, thereby incurring losses. Trading is a clear calculation. Set clear goals, make money and don’t pay attention to the fact that you could earn a few more percent. The market will always give you the opportunity to make money.

[supercanada1]

Trading is really hard and I cannot say not to panic or be afraid and just keep going, to just trade and trade and ignore your feelings, because that will worsen everything, so the least thing we can do if we are not feeling well, worried too much is to relax and stop trading for a while, have some rest, go out with your family and eat your favorite food. Make sure to clear your mind before doing trading.

Trading is not hard. Once you have a lot of knowledge regarding your profession, then it becomes easy to take right decisions at right time. In order to perform better than others, you need to spend more time trading as compare to them. I also don't think that we humans can ignore feeling, we should take every sort of experience positively. Mistakes give lessons. In digital market, choosing the right coins matters the most. I suggest bitcoin.

[aysg76]

Controlling your emotions while trading is most important thing which a trader cannot ignore if he want to survive in the market making profits.If trader gets panic in dump situation he will suffer loss or maybe he get away from market so he need to stay calm even in worst situations and hodl their coins to get high returns when price surge and bull run hit the market.

[doomloop]

Trading is really hard and I cannot say not to panic or be afraid and just keep going, to just trade and trade and ignore your feelings, because that will worsen everything, so the least thing we can do if we are not feeling well, worried too much is to relax and stop trading for a while, have some rest, go out with your family and eat your favorite food. Make sure to clear your mind before doing trading.

We cannot deny this fact that we all are humans not robots so we cannot ignore feelings such as anxiety and frustration. We are for sure often relying on our feelings in order to get some intuitions type things. In order to avoid stress caused by trading, I would also strongly recommend going for outing or doing stuff that makes you happy. Never try trading with bad mood because it will make you take wrong decisions.

[alexsandria]

Pretty hard to overcome specially if you're really devastated of what had happened. The only thing I can think of possiby to somehow control your emotion is that take a little break, go away from what you're currently doing, look outside, eat something. Emotions are pretty tough to control but you can somehow aid it with a little break, so that, it won't have a huge effect in your trading.

[silversurfer1958]

I have had experience for over 1 year trading in the crypto market. I was caught up in a whirl of greed first and didn't accept defeat. I kept trading in an unstable mood and wanted to win. but it's all nonsense when I'm losing more and more.
  I realized and spent a week to contemplate my deals. I realized I was in a hurry and trading was unplanned and disciplined.
Those are the things that cost me the most. so when starting trading, you should set your discipline and follow the plan, absolutely do not do otherwise and your state must always be calm whether winning or losing.

[riso2015]

Pretty hard to overcome specially if you're really devastated of what had happened. The only thing I can think of possiby to somehow control your emotion is that take a little break, go away from what you're currently doing, look outside, eat something. Emotions are pretty tough to control but you can somehow aid it with a little break, so that, it won't have a huge effect in your trading.

Entertaining yourself I think is the most appropriate way to control our emotions. We can do it by playing games
or refreshing to the beach that can make your mind calm. With a calm mind, you will easily control your emotions when trading.

[miningguru]

Trading is really hard and I cannot say not to panic or be afraid and just keep going, to just trade and trade and ignore your feelings, because that will worsen everything, so the least thing we can do if we are not feeling well, worried too much is to relax and stop trading for a while, have some rest, go out with your family and eat your favorite food. Make sure to clear your mind before doing trading.

Trading is not hard. Once you have a lot of knowledge regarding your profession, then it becomes easy to take right decisions at right time. In order to perform better than others, you need to spend more time trading as compare to them. I also don't think that we humans can ignore feeling, we should take every sort of experience positively. Mistakes give lessons. In digital market, choosing the right coins matters the most. I suggest bitcoin.

Yes, as a human being it is impossible for us to control our emotions when we made any mistakes we should realize them and start moving towards because in trading every time it is impossible for us to make profits. So based on the fluctuations and market situation we should keep our buy orders and sell orders.

[zeze18]

One of the effective ways for me to control my emotions while I am trading is I don't look at the charts that often. I just set my take profit target and also the stop loss and after that I just do the other tasks that I needed to do. I always do this in order to avoid getting so emotional because the more you look at the chart, the more you will stressed out your brain and that is when you tend to make inappropriate decisions.

Yeah this is what i was implemented in my trading strategy also, just make a decision before the chart move. Make a sell target and set a stop loss.
And don't forget to avoid to read the chat box on exchanges they might be make you change your decision because of their words. So we have to consistent with our decision before

[alan2here]

One of the effective ways for me to control my emotions while I am trading is I don't look at the charts that often. I just set my take profit target and also the stop loss and after that I just do the other tasks that I needed to do. I always do this in order to avoid getting so emotional because the more you look at the chart, the more you will stressed out your brain and that is when you tend to make inappropriate decisions.

I also often do this to be more comfortable in trading because focusing too much on the chart will make your psychology easier to panic. I went through this stage last year and it was really a very bad time for myself because losing money in this market was the saddest thing for me in the crypto market. I am now more stable and always have a plan when investing to reduce big risks.

This time you should be careful in trading because the sudden fluctuations of the market will cause you to suffer a lot of great losses and should use the knowledge learned to avoid panic when investing.

[ice098]

In the world of trading, problems regarding how to control emotions are common and occur a lot. Indeed, it must be recognized if there is
one of the coins pump is very high, or the price of this drastic increase will make most people become FOMO because they want to get
profit right away. That's why a lot of whales manipulate the market to lure FOMO people. It's really easy so we can control emotions when
trading. Do not be panicked when you see prices rise or fall still follow the initial plan that we have create. And always think positively of the
analysis that we have made, do not be influenced by the analysis of others which is not necessarily true. If our emotions can be controlled
properly, usually the results we get are also good.

Do not get easily swayed and fooled by fud, bad news regarding crypto and so much , we need to prepare our minds and our hearts. Lossed cannot be prevent but we can be prepared for that when it happens. We can never tell what the market will , a lot of anxieties will be feel we need to be stronger tham them.

[Edraket31]

In the world of trading, problems regarding how to control emotions are common and occur a lot. Indeed, it must be recognized if there is
one of the coins pump is very high, or the price of this drastic increase will make most people become FOMO because they want to get
profit right away. That's why a lot of whales manipulate the market to lure FOMO people. It's really easy so we can control emotions when
trading. Do not be panicked when you see prices rise or fall still follow the initial plan that we have create. And always think positively of the
analysis that we have made, do not be influenced by the analysis of others which is not necessarily true. If our emotions can be controlled
properly, usually the results we get are also good.

Do not get easily swayed and fooled by fud, bad news regarding crypto and so much , we need to prepare our minds and our hearts. Lossed cannot be prevent but we can be prepared for that when it happens. We can never tell what the market will , a lot of anxieties will be feel we need to be stronger tham them.

Exactly, let us always remember that whalers or day traders would do anything for them to buy at cheaper price, so they will create panic in the community by doing some fud, so it will be up to you if you will fall from this trap.

Controlling your emotion is the best way to do trading, once you overcome it, you will definitely enjoy and become successful in it.

[Apened]

In the world of trading, problems regarding how to control emotions are common and occur a lot. Indeed, it must be recognized if there is
one of the coins pump is very high, or the price of this drastic increase will make most people become FOMO because they want to get
profit right away. That's why a lot of whales manipulate the market to lure FOMO people. It's really easy so we can control emotions when
trading. Do not be panicked when you see prices rise or fall still follow the initial plan that we have create. And always think positively of the
analysis that we have made, do not be influenced by the analysis of others which is not necessarily true. If our emotions can be controlled
properly, usually the results we get are also good.

Do not get easily swayed and fooled by fud, bad news regarding crypto and so much , we need to prepare our minds and our hearts. Lossed cannot be prevent but we can be prepared for that when it happens. We can never tell what the market will , a lot of anxieties will be feel we need to be stronger tham them.

Fuds from the news are already given the emotions how we will react are the one we should know how to control. We can actually avoid panics if we just allow ourselves to have always a plan whenever we enter the market. Minimizing our emotions plus adding it to our strategy will works best.

[Clark05]

We are people and we are emotional and that's normal for us for being emotional. But applying it to the trading is not a good Idea and help to you because a trader who are emotional cannot avoid losing more money because if they are emotional they will be panic and sell the coins even that is not a good price or very low value.

[doomistake]

Usually to control emotions to be more rational is to trade when the mood is good. In practice controlling emotions is very difficult, it is different if we know it in theory. Experience is a good key to controlling emotions while trading.

Actually there are many problems in trading but emotions are the final determinant of how you will act in the market. Emotions sometimes also lead us to great losses, or can be to great benefits.

Exactly, i will going to add more. In able to control emotions don't act the way emotions tell us. First check the analysis(learning how to read charts is a must) for a trader. In that method you will have an idea that will let your emotions somehow to cooldown then after that make a plan A and B as much as you can. Don't sell at any price or act quickly unless it was continuous dump or pump. What goes up or down will take its time to get back there's still time for a person to think unlike using emotions that in any price without planning and thinking that it might be a trap for your emotions to be caught and that's how whales makes money to fool people esp. Emotional traders.

Very well said.

It is us who should control our emotions, not emotions controlling us what to do, that is dangerous for us to continue trading, if we do, our capital will most likely on the verge of losing, but it will take some time before a person reach that level, where he calmly handle every single situation he is at in Trading, he always execute his plan properly, making his profits secured all of the time.

New traders nowadays are too aggressive and want things to be rush, that is why it backfires on them.

[kanayaTabitha]

We are people and we are emotional and that's normal for us for being emotional. But applying it to the trading is not a good Idea and help to you because a trader who are emotional cannot avoid losing more money because if they are emotional they will be panic and sell the coins even that is not a good price or very low value.

Controlling emotion in daily activities is an easy task, but when it related to wealth or money, i think most of people will blind and follow their lustness. So controlling emotion on trading needs much experience of tradings and need much experienced of losses so they can feel the lost and feel the pain. If they never feel the pain of losing opportunity to get profits they will not able to control emotion because they always want more and hoping their coin can go up further

[Kambal2000]

We are people and we are emotional and that's normal for us for being emotional. But applying it to the trading is not a good Idea and help to you because a trader who are emotional cannot avoid losing more money because if they are emotional they will be panic and sell the coins even that is not a good price or very low value.

Controlling emotion in daily activities is an easy task, but when it related to wealth or money, i think most of people will blind and follow their lustness. So controlling emotion on trading needs much experience of tradings and need much experienced of losses so they can feel the lost and feel the pain. If they never feel the pain of losing opportunity to get profits they will not able to control emotion because they always want more and hoping their coin can go up further

Experience is still the best teacher to everyone of us, beginner in trading may sometimes lose hope, and cannot control themselves, but as you continue to practice trading everyday, you will have the confidence and little by little you will learn how to control your emotion, there's no instant on it, but as time is passing by you will eventually overcome it. Just continue your path and passion to do trading, there is no magic, in time you will be a successful trader just don't give up.

[Triffin]

We are people and we are emotional and that's normal for us for being emotional. But applying it to the trading is not a good Idea and help to you because a trader who are emotional cannot avoid losing more money because if they are emotional they will be panic and sell the coins even that is not a good price or very low value.

Controlling emotion in daily activities is an easy task, but when it related to wealth or money, i think most of people will blind and follow their lustness. So controlling emotion on trading needs much experience of tradings and need much experienced of losses so they can feel the lost and feel the pain. If they never feel the pain of losing opportunity to get profits they will not able to control emotion because they always want more and hoping their coin can go up further

Experience is still the best teacher to everyone of us, beginner in trading may sometimes lose hope, and cannot control themselves, but as you continue to practice trading everyday, you will have the confidence and little by little you will learn how to control your emotion, there's no instant on it, but as time is passing by you will eventually overcome it. Just continue your path and passion to do trading, there is no magic, in time you will be a successful trader just don't give up.

I agree with you. The lessons we learnt from practically performing something are totally different from the theoretical ones. We can forget theory but experiences become part of our lives and they stay with us as long as we live. With the passage of time, these lessons help us in grooming and maturing ourselves. Trading is no different. Giving up should never be an option and every great achievement demands time plus perseverance.

[drachman]

Trading is really hard and I cannot say not to panic or be afraid and just keep going, to just trade and trade and ignore your feelings, because that will worsen everything, so the least thing we can do if we are not feeling well, worried too much is to relax and stop trading for a while, have some rest, go out with your family and eat your favorite food. Make sure to clear your mind before doing trading.

Trading is not hard. Once you have a lot of knowledge regarding your profession, then it becomes easy to take right decisions at right time. In order to perform better than others, you need to spend more time trading as compare to them. I also don't think that we humans can ignore feeling, we should take every sort of experience positively. Mistakes give lessons. In digital market, choosing the right coins matters the most. I suggest bitcoin.

There is a huge deal of evidence that supports the claim that trading is hard, if anything trading has to be hard, many think about the markets as something abstract but it is not, the market is made of people like you watching the charts and doing everything they can to obtain an edge over others, if you read a book about trading then your competition will read two books and have an advantage over you, if you try a new strategy then they try two new strategies and have more flexibility, trading is hard because those that earn profits are always improving and keeping that knowledge to themselves.

[Btc_1856]

We are people and we are emotional and that's normal for us for being emotional. But applying it to the trading is not a good Idea and help to you because a trader who are emotional cannot avoid losing more money because if they are emotional they will be panic and sell the coins even that is not a good price or very low value.

Controlling emotion in daily activities is an easy task, but when it related to wealth or money, i think most of people will blind and follow their lustness. So controlling emotion on trading needs much experience of tradings and need much experienced of losses so they can feel the lost and feel the pain. If they never feel the pain of losing opportunity to get profits they will not able to control emotion because they always want more and hoping their coin can go up further

The person will get much experience only when he loses money in trading and I think it is completely wrong because I have seen many traders who lost lots of money but still, they were afraid about the trading. Of course, the experience is one of the major criteria in trading sometimes even an experienced person will face the loos, he needs to implement his trading analysis in order to control the loss, it will easily help to control your emotions.

[logicgate]

We are people and we are emotional and that's normal for us for being emotional. But applying it to the trading is not a good Idea and help to you because a trader who are emotional cannot avoid losing more money because if they are emotional they will be panic and sell the coins even that is not a good price or very low value.

Controlling emotion in daily activities is an easy task, but when it related to wealth or money, i think most of people will blind and follow their lustness. So controlling emotion on trading needs much experience of tradings and need much experienced of losses so they can feel the lost and feel the pain. If they never feel the pain of losing opportunity to get profits they will not able to control emotion because they always want more and hoping their coin can go up further

Experience is still the best teacher to everyone of us, beginner in trading may sometimes lose hope, and cannot control themselves, but as you continue to practice trading everyday, you will have the confidence and little by little you will learn how to control your emotion, there's no instant on it, but as time is passing by you will eventually overcome it. Just continue your path and passion to do trading, there is no magic, in time you will be a successful trader just don't give up.

I agree with you. The lessons we learnt from practically performing something are totally different from the theoretical ones. We can forget theory but experiences become part of our lives and they stay with us as long as we live. With the passage of time, these lessons help us in grooming and maturing ourselves. Trading is no different. Giving up should never be an option and every great achievement demands time plus perseverance.

   If you really want to make money through trading, your major goal shall be to learn as many strategies as possible practically. No doubt theory helps you in analyzing situations but often what you experience practically is not what you studied. You need to mold your theoretical knowledge accordingly. Since trading is solely practical, try it with small investment in the beginning in order to have grip over market.

[OgNasty]

Instead of trying to control your emotions, learn to profit from them.  You feeling really good about a trade?  Instead of bragging about it, sell and take some profits.  The same can be said for the inverse situation.  Mostly you should have a plan when you make a trade (entry and exit points), and stick to it so long as the fundamentals remain in place.  The market gyrates, but long term trends are usually pretty easy to spot.

[Hippocrypto]

We are people and we are emotional and that's normal for us for being emotional. But applying it to the trading is not a good Idea and help to you because a trader who are emotional cannot avoid losing more money because if they are emotional they will be panic and sell the coins even that is not a good price or very low value.

Controlling emotion in daily activities is an easy task, but when it related to wealth or money, i think most of people will blind and follow their lustness. So controlling emotion on trading needs much experience of tradings and need much experienced of losses so they can feel the lost and feel the pain. If they never feel the pain of losing opportunity to get profits they will not able to control emotion because they always want more and hoping their coin can go up further

The person will get much experience only when he loses money in trading and I think it is completely wrong because I have seen many traders who lost lots of money but still, they were afraid about the trading. Of course, the experience is one of the major criteria in trading sometimes even an experienced person will face the loos, he needs to implement his trading analysis in order to control the loss, it will easily help to control your emotions.

Our analysis is not a 100% guarantee to fulfill our trading successfully, it only contributes a little percentage but I don't think so that it would generally provide us the full package to withstand our struggles. When experiencing loss, don't be discourage, move on and find another options for the other coins. Diverting with other asset might be suitable, if we see more potential rather than present holdings then do it for your own benefit.

[vintages]

One of the effective ways for me to control my emotions while I am trading is I don't look at the charts that often. I just set my take profit target and also the stop loss and after that I just do the other tasks that I needed to do. I always do this in order to avoid getting so emotional because the more you look at the chart, the more you will stressed out your brain and that is when you tend to make inappropriate decisions.

This will be very hard for some traders, especially during trading.
Though, when you aren't trading, looking at the chart is mostly not advisable and can be easily withstand. When trading many traders use the chart as a way of checking if they are selling low or selling high: especially about selling low. Thus us more reason it is inevitable.

[wajik-tempe]

One of the effective ways for me to control my emotions while I am trading is I don't look at the charts that often. I just set my take profit target and also the stop loss and after that I just do the other tasks that I needed to do. I always do this in order to avoid getting so emotional because the more you look at the chart, the more you will stressed out your brain and that is when you tend to make inappropriate decisions.

This will be very hard for some traders, especially during trading.
Though, when you aren't trading, looking at the chart is mostly not advisable and can be easily withstand. When trading many traders use the chart as a way of checking if they are selling low or selling high: especially about selling low. Thus us more reason it is inevitable.

But always looking for the chart means we're not determined our strategy first before we enter a trade. As a good trader we're not always to looking at the chart because we already know when to sell and when to buy.
Always looking for the chart is making our emotion not stable, more over we'll see another coin's chart that we're not investing in pumped out, and we will have desire to move our trade to that coin and that is a bad thing to do as a trader.

[Cherylstar86]

We are people and we are emotional and that's normal for us for being emotional. But applying it to the trading is not a good Idea and help to you because a trader who are emotional cannot avoid losing more money because if they are emotional they will be panic and sell the coins even that is not a good price or very low value.

Controlling emotion in daily activities is an easy task, but when it related to wealth or money, i think most of people will blind and follow their lustness. So controlling emotion on trading needs much experience of tradings and need much experienced of losses so they can feel the lost and feel the pain. If they never feel the pain of losing opportunity to get profits they will not able to control emotion because they always want more and hoping their coin can go up further

Base on my own sayings "experienced is the best learning". Each and everyone of us experienced such emotions like to be happy of our profits and to disappointed of our losses in which will become more attentive and aware the possibility to be loss again. Also, we can't deny the fact of our greediness that may lead to our losses and might our emotions is uncontrollable.

[fullhdpixel]

Controlling your emotions while trading is most important thing which a trader cannot ignore if he want to survive in the market making profits.If trader gets panic in dump situation he will suffer loss or maybe he get away from market so he need to stay calm even in worst situations and hodl their coins to get high returns when price surge and bull run hit the market.

Panicking should even be the least that people should do when it comes to cryptocurrency trading or investment because bitcoin is not like Forex that when the market is going that, it could go so low and cut off the trading capital which may make the trader to lose his trade.

If bitcoin rice goes down, as long as the trader dos not panic sell, no trader has still lost, because when the price makes a recovery, they can still regain their capital back except for people that are trading on leverage which I don’t usually support. If we are not leveraging and we don’t panic sell, our trade will always work itself out provided we have some level of patience because some price recovery could really take time to recover the trader's money back.

[tambok]

Controlling your emotions while trading is most important thing which a trader cannot ignore if he want to survive in the market making profits.If trader gets panic in dump situation he will suffer loss or maybe he get away from market so he need to stay calm even in worst situations and hodl their coins to get high returns when price surge and bull run hit the market.

Panicking should even be the least that people should do when it comes to cryptocurrency trading or investment because bitcoin is not like Forex that when the market is going that, it could go so low and cut off the trading capital which may make the trader to lose his trade.

If bitcoin rice goes down, as long as the trader dos not panic sell, no trader has still lost, because when the price makes a recovery, they can still regain their capital back except for people that are trading on leverage which I don’t usually support. If we are not leveraging and we don’t panic sell, our trade will always work itself out provided we have some level of patience because some price recovery could really take time to recover the trader's money back.

Once we wanted or we are currently doing trading, we must be very careful and aware  that our emotion or our self is our biggest enemy. If this day, we are in a bad mood as something happened at work, or at home, then let's relax our mind first, let's clear things, we must not do trading at the moment, let's make time to recover our mood first. Once we are fine, then we can go on with it again.

[panganib999]

Comparison is really killing the trade business. Most traders have left their trading plan because they feel they are not making enough money but forgetting that they are suppose to believe in their skills and gradually develop the capital.

People are busy comparing theirselves to other people about where they are right now and where other people are. Thinking and seeing that the grass on other garden is greener thamntheirs but isn't doing their thing to make their own grass greener, instead they would copy other's planting strategy without knowing that there is healthier, greener and so much abundance waiting for them with their own strategy and just needs time to develop but then they would abandon it and try what might not suit them, this analogy is very much suited for trading. How jealousy and wanting other people's luck could ruin what has been planned and awaits you.

[Renampun]

controlling emotions when trading will be very difficult if we don't set a limiting point
for example, we set in how much % the increase we do Sell, and how much % decrease we make a Buy or Cut loss
and one more thing we must remember, do not think to be rich in 1 night, greedy is the destruction all traders.

[doomloop]

Pretty hard to overcome specially if you're really devastated of what had happened. The only thing I can think of possiby to somehow control your emotion is that take a little break, go away from what you're currently doing, look outside, eat something. Emotions are pretty tough to control but you can somehow aid it with a little break, so that, it won't have a huge effect in your trading.

Usually day traders face this problem of staying under the strong influence of emotions. In my opinion, both extremes of emotions that are ecstasy and stress are bad for traders because under both situations they are unable to make decision by staying neutral. I often suggest pausing trading when you experiencing any situation by involving yourself into activity that uses your energy physically. 

[Darooghe]

There are so many traders that are trading well in a demo account but when they trade in live account, their performance gets affected. To be a successful trader, you need to be financially as well as psychologically ready to bear the loss.

I think keeping a journal of your trading activity will help you understand where you went wrong as well as what you did well. this will help you rationalize your decisions better and keep your emotions in check. Ultimately, if emotions drive your trade, and tend to drive it poorly, automate you strategy. the technologies available today provide for ease of development for simple to complex automated trading strategies.

[Best Dreams]

Controlling your emotions while trading is most important thing which a trader cannot ignore if he want to survive in the market making profits.If trader gets panic in dump situation he will suffer loss or maybe he get away from market so he need to stay calm even in worst situations and hodl their coins to get high returns when price surge and bull run hit the market.

Panicking should even be the least that people should do when it comes to cryptocurrency trading or investment because bitcoin is not like Forex that when the market is going that, it could go so low and cut off the trading capital which may make the trader to lose his trade.

If bitcoin rice goes down, as long as the trader dos not panic sell, no trader has still lost, because when the price makes a recovery, they can still regain their capital back except for people that are trading on leverage which I don’t usually support. If we are not leveraging and we don’t panic sell, our trade will always work itself out provided we have some level of patience because some price recovery could really take time to recover the trader's money back.

Once we wanted or we are currently doing trading, we must be very careful and aware  that our emotion or our self is our biggest enemy. If this day, we are in a bad mood as something happened at work, or at home, then let's relax our mind first, let's clear things, we must not do trading at the moment, let's make time to recover our mood first. Once we are fine, then we can go on with it again.

Yes, self control is our biggest success as a trader as when I was new so at every price change so Many things started to come in my mind, these kind of thoughts can be positive and negative so in this time we should only stay stable and hold our coins to let things normal instead of taking stress and making wrong decision and also important not to let your other affairs spoil your trading earning.

[befriendmywater]

The problem is quite simple for veteran traders. In order to control your emotions when trading, you need to be in good health and a good spirit before trading. Besides, always have to set yourself the rules in the transaction and follow it in every transaction.
It is the best way to keep your mind on trading because you already have a plan in advance. That's the way I used to trade and I still have a good day to enjoy.

[TRONTON]

That emotion of yours could either be from sudden reaction that will also disappear at a sudden and you'll get back to your own rationality in trading or you're driven by emotion that easily and that's a bad thing. Your emotion won't have a price in any market so you should be better of eliminating it. Set your mindset in a "Reason over emotion" while trading.

This is not always true if traders face huge panic losses, especially when playing margin, must always be disciplined with money management. No matter how bad our emotions are, we still need to know the limits of signing out in a state of not opening a position anymore. Time cannot be measured when we remember about profit targets, but we must cut losses immediately without any reason, especially when high emotions to cover losses arise.

[Edraket31]

That emotion of yours could either be from sudden reaction that will also disappear at a sudden and you'll get back to your own rationality in trading or you're driven by emotion that easily and that's a bad thing. Your emotion won't have a price in any market so you should be better of eliminating it. Set your mindset in a "Reason over emotion" while trading.

This is not always successful if a trader experiences a large loss, especially when playing margin, must always be disciplined with money management. No matter how bad our emotions are, we still need to know the limits to signing out in a state of not opening a position anymore. Time cannot be measured when we remember about profit targets, but we must immediately cut losses without any reason, especially when high emotions to cover losses arise.

Exactly, I've known some and red some book that they lost  some amount yesterday, and for them to be able to recover the loss, they were too aggressive today hoping and thinking they can recover it today too, so their emotion is too high, and what happened most of the time they are losing again, so trading with high emotion will not help you at all, better if you lost yesterday and you think you can't control your self then better to relax first today and come back in trading when ready.

[qwertyup23]

controlling emotions when trading will be very difficult if we don't set a limiting point
for example, we set in how much % the increase we do Sell, and how much % decrease we make a Buy or Cut loss
and one more thing we must remember, do not think to be rich in 1 night, greedy is the destruction all traders.

As someone who knows people who use trading as their main source of income and does it on a daily basis, I can conclusively say that trading really involves experience and skill at the same time. You have to be ready to risk a percentage of your capital and devote time in order to realize income. Although the risk may be high, the rewards are surely worth it especially if you successfully recover your winnings.

The main problem with trading revolves around the inexperience of people. Most usually trade using large amounts of money without even knowing the basics and fundamentals of it. Better to start and take things slow.

[kanayaTabitha]

yes ; i think looking the prices or charts every moment not good at all because bitcoin is a global business with a large number of traders from all over the world.for this reason prices not stable  . the good trader is who dont belive fake news too ; everyone should not worry about prices in short term

It's because bitcoin is decentralized and the bitcoin possesion is not even, so the old bitcoin buyer will have so much bitcoins right now and they can control the market movement. That's why it's become useless if we always watch the market because the market movement is controllable by the whales, we better prepare to chase market in any condition and don't have to play with our emotion so we'll live happily and our trades on going well

[Triffin]

Controlling your emotions while trading is most important thing which a trader cannot ignore if he want to survive in the market making profits.If trader gets panic in dump situation he will suffer loss or maybe he get away from market so he need to stay calm even in worst situations and hodl their coins to get high returns when price surge and bull run hit the market.

Panicking should even be the least that people should do when it comes to cryptocurrency trading or investment because bitcoin is not like Forex that when the market is going that, it could go so low and cut off the trading capital which may make the trader to lose his trade.

If bitcoin rice goes down, as long as the trader dos not panic sell, no trader has still lost, because when the price makes a recovery, they can still regain their capital back except for people that are trading on leverage which I don’t usually support. If we are not leveraging and we don’t panic sell, our trade will always work itself out provided we have some level of patience because some price recovery could really take time to recover the trader's money back.

Once we wanted or we are currently doing trading, we must be very careful and aware  that our emotion or our self is our biggest enemy. If this day, we are in a bad mood as something happened at work, or at home, then let's relax our mind first, let's clear things, we must not do trading at the moment, let's make time to recover our mood first. Once we are fine, then we can go on with it again.

Bad mood makes your mind dull which leads to awful decisions. Emotions make you unstable and decrease your concentration whereas trading is a job that demands hell of concentration in order not to miss any chance of buying or selling coins. I will never try trading especially day trading with bad mood. I will go for nap or some exercise to convert negative energy into positive and afterwards will start trading.

[cryptothreads]

That emotion of yours could either be from sudden reaction that will also disappear at a sudden and you'll get back to your own rationality in trading or you're driven by emotion that easily and that's a bad thing. Your emotion won't have a price in any market so you should be better of eliminating it. Set your mindset in a "Reason over emotion" while trading.

This is not always true if traders face huge panic losses, especially when playing margin, must always be disciplined with money management. No matter how bad our emotions are, we still need to know the limits of signing out in a state of not opening a position anymore. Time cannot be measured when we remember about profit targets, but we must cut losses immediately without any reason, especially when high emotions to cover losses arise.

Margin trading needs to be calm in any situation and if you panic all of that investment will soon disappear because margin is the riskiest trade in this market. In my opinion, psychology greatly affects investors and it takes a lot of time to practice. In fact the number of investors making a profit from margin is very low and it is impossible to predict the value of the coin in this market.

Before margin I usually have a very specific strategy and have to follow that plan because if there is no clear plan, you will soon lose all your assets when joini.

[Shimmiry]

Before control emotions, firstly i already lose so many Bitcoin on trading. I am really mad and sad at that time.
I always try to learn from my lose. Every time i get lose from trading i learn something experience.
That is patience. We need some research before join in trading. Reading some news, studied what project we want invest, etc. That tips might help you.

Your 4 tips i think not all right.
I always see the chart too much. If i think that time is good, i will buy at the lowest price.

There are a lot of traders who can't control their emotions while trading. Most of them got feared because they were afraid to choose the right decision if they will proceed or not. The first-timer in trading felt excitement for the profit and taking the risk to earn on it, not all the time we win all those trade and not to gain benefit and realizing the regretting we did because we experience too much greed to the money.

Great stuff, but this has been already discussed here in the forum. That is basic tips and nothing new on this trading tip.
I would suggest improving more your OP thread and the unbolded line would be fine.

Your references: Do You Need To Put Your Emotion in Trading ?
                         Trading tips
                         Four steps to successful speculation(2) and etc.

It sounds like it is already discussed at this thread https://bitcointalk.org/index.php?topic=5187272.0

But anyway...I have to add something in here...
The most common mistake of a trader is because they allow their trades driven by their emotions which it likely has a negative result. Losing what I meant to say. Maybe people could think that it was easy to control our emotion but you can find it hard when you tried to become a trader.

There is a lot of pressure to your self when it comes in trading, and you may be paranoid always to alert your self just checking the chart if the price is right to better trade, all of us are afraid to lose our assets but not all the time we can also win and gain profit. Make a goal that even a small amount of profit is good too because it increases your money.

[DeathProxy]

Fear of missing out (Fomo) is what i have suffered from in times past and i learnt in the had way.  So this day am very careful not do the mistake again. Any coin i missed out of buying when the price was low, i don't jump on it when the price is pumping. Once i don't find a good entry point before the punp i wait for another correction and good entry point before i dive in. This has affected many traders but once traders can keep their emotions in check they can maximize profit

[Visbay]

Before control emotions, firstly i already lose so many Bitcoin on trading. I am really mad and sad at that time.
I always try to learn from my lose. Every time i get lose from trading i learn something experience.
That is patience. We need some research before join in trading. Reading some news, studied what project we want invest, etc. That tips might help you.

Your 4 tips i think not all right.
I always see the chart too much. If i think that time is good, i will buy at the lowest price.

There are a lot of traders who can't control their emotions while trading. Most of them got feared because they were afraid to choose the right decision if they will proceed or not. The first-timer in trading felt excitement for the profit and taking the risk to earn on it, not all the time we win all those trade and not to gain benefit and realizing the regretting we did because we experience too much greed to the money.

Great stuff, but this has been already discussed here in the forum. That is basic tips and nothing new on this trading tip.
I would suggest improving more your OP thread and the unbolded line would be fine.

Your references: Do You Need To Put Your Emotion in Trading ?
                         Trading tips
                         Four steps to successful speculation(2) and etc.

It sounds like it is already discussed at this thread https://bitcointalk.org/index.php?topic=5187272.0

But anyway...I have to add something in here...
The most common mistake of a trader is because they allow their trades driven by their emotions which it likely has a negative result. Losing what I meant to say. Maybe people could think that it was easy to control our emotion but you can find it hard when you tried to become a trader.

There is a lot of pressure to your self when it comes in trading, and you may be paranoid always to alert your self just checking the chart if the price is right to better trade, all of us are afraid to lose our assets but not all the time we can also win and gain profit. Make a goal that even a small amount of profit is good too because it increases your money.

I don’t think that a trader should take such tension or @ pressure about the market check. A trader should remain calm and not worry too much because it can cause loss to them. Just chill and learn about trading, you can check the market price randomly during break or while taking tea so just relax and trade for the long term if you find day trading stressful for you.

[Yamifoud]

Emotions make people dead as well, not just in trading but in all aspects of our life. It comes into the moment when we try to test how strong we are and be reactive to a certain scenario. If we are in emotional trading, it surely our life in trading ended pretty quick and this is what it happens to some of us here. Our emotions can be control but not to think that it can be instant, it changes gradually if we work on it seriously.

Trading is sometimes stressful when we are an in-depth challenge, especially during the bearish season.  Some traders quit because of this because they can no longer handle the stress and even bothered with their decision to take.

[Lecam]

One of the most popular emotions among traders is a notorious fear of missing out,
or simply FOMO, which picks when the market is high.📈
⠀
Watching the price of an asset soaring higher and higher, while out of the deal,
a trader often feels even worse than in case of losses.⚠️
⠀
So, what exactly can you do to prevent emotion-connected issues?
⠀
Accept the fact that you can’t buy at the lowest and sell at the highest prices;☝🏻
⠀
Don’t be looking at the charts all the time;❌
⠀
Use a trading plan ruling how to deal with profits and losses;📝
⠀
Follow your own plans, don’t compare your results with results of other traders too often.👨🏼‍💼

There's a lot of emotions when get into trading especially when you are buy coins in a high amount then after that coins will slowly goes down you can now feel the fear because you can lose your money. But one i tell once you in trading try to think positive and choose the good coins that you can trade and get a profit. Like ether you can buy ether now because the is goes down then set the price what you want to sell on it. Don't be afraid of your lossing because once you have good strategy you can get it back what you lose. Your emotions can lose all your money.

[dioanna]

This one is really hard bcoz of greed and FOMO, I admit this is one of my flaws
but I know it is possible if you have set your attitude right and have self-discipline.

[Mumbeeptind1963]

Fear of missing out (Fomo) is what i have suffered from in times past and i learnt in the had way.  So this day am very careful not do the mistake again. Any coin i missed out of buying when the price was low, i don't jump on it when the price is pumping. Once i don't find a good entry point before the punp i wait for another correction and good entry point before i dive in. This has affected many traders but once traders can keep their emotions in check they can maximize profit

We tend to feel this everytime we make a trade because of what happen in our past , we should make this painful memory into a motivation for us to look forward for us not to make it happen again. Our emotion is our biggest enemy , if we learn to handle it we can be a tough trader we cannot be easily get affected by bad news about crypto and everything and we can accept lose sometimes.

[Asmonist]

Well its really unevitable to feel mad or disappointed in trading. Sometimes you are most likely to be very aggresive and excited to invest in. You seem to be excited of your possible gains. Most likely you cannot control it. But eventually, after so many mistakes and struggles in trading you'll become mature to it. You can control your emotion and gain strategies on how to work on it. I think its just a matter of time.

[makolz26]

Well its really unevitable to feel mad or disappointed in trading. Sometimes you are most likely to be very aggresive and excited to invest in. You seem to be excited of your possible gains. Most likely you cannot control it. But eventually, after so many mistakes and struggles in trading you'll become mature to it. You can control your emotion and gain strategies on how to work on it. I think its just a matter of time.

That is normal as we know the market is so much unpredictable sometimes, as there were times when we did our part by doing a research, we did technical analysis, fundamental analysis and we are sure of what we are doing and we are sure of our entry but  then all of the sudden it switch the wrong way, so it's really kinda stressing especially if you forgot to put stop loss.

[pant-79]

There is a telegram channel that I am in, the name is ekt pens and all they do all day is to forward messages made by investors/traders/hodlers who has lost money in the Cryptocurrency space, that is a pretty powerful FOMO killer in my opinion because anytime I get excited about an overhyped project, all I need to do is visit the group and read some terrible sob stories and I would remember to make every single trading decision with the utmost caution and extensive research.

[logicgate]

This one is really hard bcoz of greed and FOMO, I admit this is one of my flaws
but I know it is possible if you have set your attitude right and have self-discipline.

Both these emotions could be controlled and reduced effectively with the help of meditation and yoga. FOMO is anxiety that makes you take decisions which probably you would not have if you were in right senses. As far as greed is concerned, this is evil trait of human beings which always makes us take wrong decisions with a hope of making big money. In order to avoid greed, we can set targets and simply stick to them.

[samuraijin]

⠀
Follow your own plans, don’t compare your results with results of other traders too often.👨🏼‍💼

this often happens in almost every trader, so that the emotions to get more profit cannot be controlled, because they always see the results of other traders and will never be satisfied until finally harming themselves, usually I every trade when I feel hungry , I will immediately eat something and if I am lustful I quickly go to the room to make love with my wife. if emotions are usually I prefer to be silent and aloof avoid trading

[PuertoLibre]

This one is really hard bcoz of greed and FOMO, I admit this is one of my flaws
but I know it is possible if you have set your attitude right and have self-discipline.

Being greedy is not bad at all. I mean who on earth does not want to have money. It is the only thing that can fulfill our basic needs and eventually desires. You should always desire for the most instead of more. That will solve the issue of losing control for little gains. As far as the FOMOs are concerned, this issue can be handles with knowledge. Just research about your coin and trust in it.

Humans tend to be greedy but in trading, the lack of emotional control will definitely have negative consequences. The effect of emotional trading will make the profit curve of trading account up-down and the stability will stay away from the trader under these psychological conditions. FOMO is a useless feeling unless there is no chance to catch the lower price in the future and in most times the price reverses back to the level which it started to climb higher.

[LouVandetta]

There is a telegram channel that I am in, the name is ekt pens and all they do all day is to forward messages made by investors/traders/hodlers who has lost money in the Cryptocurrency space, that is a pretty powerful FOMO killer in my opinion because anytime I get excited about an overhyped project, all I need to do is visit the group and read some terrible sob stories and I would remember to make every single trading decision with the utmost caution and extensive research.

Good idea actually, lmao. Seeing others' suffering or losses could make us remember how to be cautious and grateful about every little things. Controlling our emotions is by far one of the hardest thing a trader could control. Especially if one cannot bear to hold their horse's when it comes to trading. Especially fomo and fud, it's not a thing a newbies could pull it off especially under pressure. Don't let your emotions get the better of you.

[wildan88]

This one is really hard bcoz of greed and FOMO, I admit this is one of my flaws
but I know it is possible if you have set your attitude right and have self-discipline.

Both these emotions could be controlled and reduced effectively with the help of meditation and yoga. FOMO is anxiety that makes you take decisions which probably you would not have if you were in right senses. As far as greed is concerned, this is evil trait of human beings which always makes us take wrong decisions with a hope of making big money. In order to avoid greed, we can set targets and simply stick to them.

I think to control emotions while trading, we have to be good at analyzing. because people who can analyze them have patience, besides that they also know when in and out. because actually people who can't control emotions are people who have no direction. because they are easily provoked, like FOMO.

[adzino]

Emotion is something natural. Trying to suppress/control your emotion is trying to do something "unnatural". Instead of doing that, the better thing to do is to learn to reach in a proper way when trading instead of letting emotions take your decision.
The best way to react naturally is to "look ahead" for all possible outcomes when trading. This way you will always be prepared when anything happens even if it is something that is really bad.

[onrise]

This one is really hard bcoz of greed and FOMO, I admit this is one of my flaws
but I know it is possible if you have set your attitude right and have self-discipline.

If you believe in yourself you will be able to overcome it easily as you will have discipline in life and not be greedy that you want more and more . This will help you to restrict yourself and have a fixed goal for yourself and once you achieve it you will stop it.

[Blackdeath]

It is really hard to control your emotions in trading, especially if you are a beginner in trading that you can't handle the risk and if the coin that you are holding is starting to fall down badly. I think for you to control your emotions and to avoid panic selling while trading is you need to have patience and learn to set up your goal, so no matter what happened you are aiming on your goal and not thinking about panicking.

[bitzizzix]

Emotion in investing or trading is the worst enemy that can destroy and become a loss quickly, and must tighten in self-control and increase discipline in trading.
conduct trade research when you have experienced losses before and learn from mistakes and need to be corrected, make good calculations and analysis and involve choices with strong feelings to convince your choices and at least it will control your emotions and do it casually.

[Slow death]

Don’t be looking at the charts all the time;❌

⠀
And how can you do price analysis if you are not constantly looking at the chart? I understand that emotions cause us to suffer many losses. But that's why it's necessary to have a strategy, to know the point of purchase and selling, and to know what money the person can lose if something goes wrong.

Follow your own plans, don’t compare your results with results of other traders too often.

I made that mistake in sports betting. But in the case of this crypto market. It is very good that the person observes various opinions of others in their technical analysis

[drachman]

Don’t be looking at the charts all the time;❌

⠀
And how can you do price analysis if you are not constantly looking at the chart? I understand that emotions cause us to suffer many losses. But that's why it's necessary to have a strategy, to know the point of purchase and selling, and to know what money the person can lose if something goes wrong.

By only looking at the charts for long enough to make that analysis and then forget about them, many traders have the tendency to look at the markets for too long even when they have no intention of making any trade, I know about that because I have the tendency to make that mistake as well, but that is something that I'm trying to change because it seems that I am unable to do my normal activities without checking my portfolio every other hour.

[marcous]

Well, I personally when seeing prices continue to rise while I have sold it all certainly feel upset. sometimes if I trade on an altcoin I close the market. we must keep positive thinking that when we take profit is the right choice rather than regret. holding back not being greedy is better I guess. And at least we must have a target percentage to take profit or cut loss.

[Jercyhora2]

Learn to analyze or simple graph reading, this will help you to calm when time you buy at high then suddenly the price drop. Start the analysis with simple zoom in to the graph 1minute range. Then zoom out to see the past history of the coin your trading to.
It is normal when you buy at low then it didn't stop until it came to the lowest just don't panic. Remember before getting in on a trade you should know on where place you should be in.

It's true that, history tells what is the next price. Just watch out those signs, and play emotionless like playing poker game that you already know what will happen next.

[cryptoloverlife]

I wonder how will one know the time to place trade if you are advising people not to always look at the chat. I don't really believe that not looking at the chat will reduce your emotion if you are the type that attached your emotion to crypto currency trading.

Emotions will not help you to make a decent profit because it will help you to lose control of the trading. With our emotions, we might suddenly change our mind by selling them and soon after selling, the price of a coin will start increasing in the market. So always stay strong even though you see downtrend and it will take some time to recover the price of coins.

[Battareus]

Don’t be looking at the charts all the time;❌ - that is. When you know about yourself that you lose emotional balance when something goes wrong, it’s better to set your take profit and loss goals and close the chart.

[iv4n]

Don’t be looking at the charts all the time;❌ - that is. When you know about yourself that you lose emotional balance when something goes wrong, it’s better to set your take profit and loss goals and close the chart.

Its setting up buy and sell orders, to be more accurate. I do that sometimes, and it really helps. Watching charts and waiting the price to move in direction you want can make me nervous, so setting up an order and closing the exchange window helps sometimes. Of course its not possible to do that all the time, some times you need to be online and active all the time to catch some good trade, but those moments trading is interesting and make me excited.

[Palider]

It is our emotions that dictate us sometimes so we do the wrong things.

So it's better to fight back and not let our emotions drive us to make mistakes. Our knowledge must be enabled because it is more appropriate in this situation, as you mentioned.

[SirLancelot]

I have been able to overcome the fear of missing out. Unlike when I was a newbie, I will always be rushing in when the price starts to go up and sometimes I will get in and at the end the price will still fall back to the lower price. Price speculation by people was part of what makes to jump without taking the time to read the chart and all that.

But, this time around I don't let anything control, I will buy whenever I want, even when the price is falling I still buy. I learnt to buy during the bear trends because times like that are the best time for buying bitcoin or any other coin you want at a cheaper rate. And If there happens to be a bull run later you will be happy with yourself that you did. FOMO is a serious case and it's something that people need to learn how to control their emotions.

[bitbunnny]

Maybe it sounds strange but you get used with time not to react on every negative price movement and potential loss. You learn how to asses and accept the risk and what are your limits. That comes with experience and you become aware that too much emotions you don't control brings you too much stress and potential bad decisions.
But emotion control comes with time unless you are naturaly ice cold.

[drachman]

Maybe it sounds strange but you get used with time not to react on every negative price movement and potential loss. You learn how to asses and accept the risk and what are your limits. That comes with experience and you become aware that too much emotions you don't control brings you too much stress and potential bad decisions.
But emotion control comes with time unless you are naturaly ice cold.

It does not sound strange at all, it is known that when you are relatively new in an activity you will have a tendency to overreact to everything that happens but once you get used to it you will be able to remain calm even in the most difficult circumstances, as you can see being able to remain calm and take the best decision is something that can only be learned with time and through experience and not through books or videos no matter how many of those you read or watch.

[Farma]

Don’t be looking at the charts all the time;❌ - that is. When you know about yourself that you lose emotional balance when something goes wrong, it’s better to set your take profit and loss goals and close the chart.

yes, one of the things that makes FOMO emotions react is to see charts too often. it causes us to want to immediately buy, or sell the assets we have for fear of losing the moment. to be honest, this happens to me very often. tips that I can give is try to focus on other things. maybe you will keep in mind the price, or something else, but when you do that, little by little, you can control that. in addition, try to have a target for sales and sales issues. have the principle about it.

[Landak]

Maybe it sounds strange but you get used with time not to react on every negative price movement and potential loss. You learn how to asses and accept the risk and what are your limits. That comes with experience and you become aware that too much emotions you don't control brings you too much stress and potential bad decisions.
But emotion control comes with time unless you are naturaly ice cold.

It does not sound strange at all, it is known that when you are relatively new in an activity you will have a tendency to overreact to everything that happens but once you get used to it you will be able to remain calm even in the most difficult circumstances, as you can see being able to remain calm and take the best decision is something that can only be learned with time and through experience and not through books or videos no matter how many of those you read or watch.

being calm and not making rash decisions is very difficult to do. as good as people can control emotions, there will be times when emotions will carry over again.
the keys and the most appropriate option when trading is to use the stop limit loss feature, so as not to lose too much (can protect your capital even when you are emotional when trading). even though have make the worst decision but if using SL features will definitely be able to minimize the loses.

[pgbit]

I have learnt that experience is still one of the best teachers and every trader, no matter how smart or how experienced would have made a mistake or two in their careers that has made them lose some money, might just be as mall money in some cases but it ended a streak which could be hurtful to the pride, what I am trying to say is that one of the best teachers is to always look at your past mistakes and it would ensure that you don't make future mistakes.

[Cherylstar86]

I have learnt that experience is still one of the best teachers and every trader, no matter how smart or how experienced would have made a mistake or two in their careers that has made them lose some money, might just be as mall money in some cases but it ended a streak which could be hurtful to the pride, what I am trying to say is that one of the best teachers is to always look at your past mistakes and it would ensure that you don't make future mistakes.

Experience is the best learning in which we will able to learn our mistakes. On the other hand, I can't even imagine as a user that we need to experience all of those mistakes and possible huge losses in order to learn. I think it's normal as a human being that we need to take a risk and we realize after all the big damage that we don't even expect.

[Bob Smith]

Don’t be looking at the charts all the time;❌ - that is. When you know about yourself that you lose emotional balance when something goes wrong, it’s better to set your take profit and loss goals and close the chart.

That’s a very good advice. But traders are usually seen doing the opposite.

[BobBct]

Controling your emotion is not easy as people think there will be a time you become greedy in your trade, I like the tips you mentioned above but always remember before entering in trading industry ask your self if you can do this, always make a risk management because not all the time your trade will win.

Yes, this is the common issue in trading, "emotion". Controlling emotions is one major factor to make it or break it in the trading business. But of course there are analytical factors that will help us in our decision but end of they day our emotion will play a major role on those decision. Best of luck to all traders out there.

[btc78]

                                                 ~snip~

but above all that?before trading make sure that your emotion is ready,i mean enough sleep and rest,have a right meal,exercise and mentally ready.

never trade when you are sad,less sleep and physically tired because all of this will bring you to breaking out when there is bad things that you don't expect.

but those points that you mentioned are for the actual trading moment,but readiness is the most important one.

[akmal1984]

I don't think controlling emotions is as easy as talking about it. There are many solutions that we can get to learn how to keep emotions in our control, including when we trade and prices beyond our predictions. But it is always difficult to do so. Maybe we need to take special classes on personality and emotional development in order to be able to learn face to face directly. Maybe this will be effective if we take the right training.

[Visbay]

Don’t be looking at the charts all the time;❌ - that is. When you know about yourself that you lose emotional balance when something goes wrong, it’s better to set your take profit and loss goals and close the chart.

That’s a very good advice. But traders are usually seen doing the opposite.

Yes, those people who has this issue should not trade as we know emotions and stress can lead us towards lose in trading then we must have control over our emotions and try to be good trader, We should have patience and learn it well about earning before trading. Market of crypto always remain volatile so buy low and sell high.

[Omega Weapon]

I don't think controlling emotions is as easy as talking about it. There are many solutions that we can get to learn how to keep emotions in our control, including when we trade and prices beyond our predictions. But it is always difficult to do so. Maybe we need to take special classes on personality and emotional development in order to be able to learn face to face directly. Maybe this will be effective if we take the right training.

That may seem like a good idea but I do not think so, and this is because even if you were to take special classes about how to take control of your emotions most of those classes concentrate on trying to help you about how to deal with day to day issues and and not about to trade the markets, in my opinion the best solution to not become too emotional when you are trading is to stick to your strategy no matter what, that way you will always know what to do and you will not have to think too much about it because the strategy itself is the one that will tell you what to do.