Bitcoin Forum
May 05, 2024, 10:33:56 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 [5] 6 7 »  All
  Print  
Author Topic: OH YEAH FRUSTATED TRADERS.  (Read 1009 times)
wahyu wida
Full Member
***
Offline Offline

Activity: 826
Merit: 100



View Profile
April 29, 2021, 11:55:17 AM
 #81

This is because of the seasons we have been experiencing in crypto that we begin to think of buying before the bear market comes. And then we are not able to identify exactly when the bear market will start and that's when the real problem starts as well. Because when you suddenly dump thinking the bear market had come already but you suddenly see the price went up after dumping. A big loss once again.

Now we are in a bull market and, accordingly, all coins in the future should increase in price. If you are not sure that you can sell at the maximum and buy at the minimum, then you just need to hold your coins until they reach the price at which you want to sell them, otherwise you will lose them.
I will just add, where your statement is correct, but what must be considered apart from that is that we have to invest in the right coins so that our waiting will not be in vain later. we see that the crypto market is very volatile, and if we take the wrong steps, it could be that our coins will become ashes. indeed we are most secure investing in major coins
1714948436
Hero Member
*
Offline Offline

Posts: 1714948436

View Profile Personal Message (Offline)

Ignore
1714948436
Reply with quote  #2

1714948436
Report to moderator
1714948436
Hero Member
*
Offline Offline

Posts: 1714948436

View Profile Personal Message (Offline)

Ignore
1714948436
Reply with quote  #2

1714948436
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714948436
Hero Member
*
Offline Offline

Posts: 1714948436

View Profile Personal Message (Offline)

Ignore
1714948436
Reply with quote  #2

1714948436
Report to moderator
1714948436
Hero Member
*
Offline Offline

Posts: 1714948436

View Profile Personal Message (Offline)

Ignore
1714948436
Reply with quote  #2

1714948436
Report to moderator
1714948436
Hero Member
*
Offline Offline

Posts: 1714948436

View Profile Personal Message (Offline)

Ignore
1714948436
Reply with quote  #2

1714948436
Report to moderator
fancy2973
Full Member
***
Offline Offline

Activity: 365
Merit: 100



View Profile
April 29, 2021, 12:02:13 PM
 #82

Frustration is a feeling that you need to take control over by practicing a stability of your mind. There are so many reasons why you could be frustrated. The project doesn'T develop quickly enough, prices decrease or stagnate, the need to cash out for liquidity reasons, trying to recoup losses by throwing good money after bad money and so on and so forth.

▬▬▬▬▬▬▌   Vulcan Forged    ▐▬▬▬▬▬▬
▬▬▬▬▬▬▌    Telegram   ▌    Discord      ▌     Twitter      ▐▬▬▬▬▬▬
▬▬▬▬▬▬▬▬▬▬▬▬▬▬  DISCOVER   ▬▬▬▬▬▬▬▬▬▬▬▬▬▬
justdimin
Hero Member
*****
Offline Offline

Activity: 2996
Merit: 670


www.Crypto.Games: Multiple coins, multiple games


View Profile
April 29, 2021, 01:08:46 PM
 #83

If you are not sure that you can sell at the maximum and buy at the minimum, then you just need to hold your coins until they reach the price at which you want to sell them, otherwise you will lose them.
But for most of the people, it will be too difficult to identify what is the maximum and where is the minimum. If they are trying to do so, that is usually ending up in big frustrations because they are usually in hurry to identify such levels hence ending up in misplacing orders which usually leads to infinite waiting or losses.

When we are not sure about what to do then we can simply continue holding so that we can get maximum profits out of no efforts. This will definitely help traders to avoid frustrations.

█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
████████▄███▄████████
█████▄▄█▀▀███▀▀█▄▄█████
████▀▀██▀██████▀██▀▀████
████▄█████████████▄████
███████▀███████▀███████
████▀█████████████▀████
████▄▄██▄████▄██▄▄████
█████▀▀███▀▄████▀▀█████
████████▀███▀████████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
randegibran
Sr. Member
****
Offline Offline

Activity: 882
Merit: 252



View Profile
April 29, 2021, 02:08:26 PM
 #84

If you are not sure that you can sell at the maximum and buy at the minimum, then you just need to hold your coins until they reach the price at which you want to sell them, otherwise you will lose them.
But for most of the people, it will be too difficult to identify what is the maximum and where is the minimum. If they are trying to do so, that is usually ending up in big frustrations because they are usually in hurry to identify such levels hence ending up in misplacing orders which usually leads to infinite waiting or losses.

When we are not sure about what to do then we can simply continue holding so that we can get maximum profits out of no efforts. This will definitely help traders to avoid frustrations.
Better holding because can get more profit and see how much news giving and update on twitter or telegram channel with your coin holding, I think big chance if holding more than one or two years because many coin growing up more than 300% and you can get maximum profit with your coins.
Sled
Hero Member
*****
Offline Offline

Activity: 1680
Merit: 535

Bitcoin- in bullish time


View Profile
April 29, 2021, 02:22:17 PM
 #85

Frustration is a feeling that you need to take control over by practicing a stability of your mind. There are so many reasons why you could be frustrated. The project doesn'T develop quickly enough, prices decrease or stagnate, the need to cash out for liquidity reasons, trying to recoup losses by throwing good money after bad money and so on and so forth.
In addition to that,
Wrong choice of project, expectations, and also, lack of patience. People had suffered these (natural) feelings will never have a good decision and mostly they often commit mistakes.

Frustration, self-blaming, it is not a thing we supposed to do because, in the first, it is our fault. We made decisions that we think is right but unfortunately, it was wrong. And this implies that not all the time we are in a good situation, and to stop this behavior is a big challenge since we are human beings.
Ararbermas
Sr. Member
****
Offline Offline

Activity: 1988
Merit: 283


View Profile
April 29, 2021, 02:32:00 PM
 #86

one important thing to always remember is that there are alot of opportunity, all you have to do is to find them early and buy into them.
definitely, but you should know when to apply it or let say you know how to buy and low in the right time.. Because being trader is not the way you think wherein you can place your money everywhere in the graph and you can make profits quickly . Nope its a big mistake.. I suggest to take some time to educate your self or practice your skills first before entering into trading.. And also learn how to find the "support and resistance of coin"  as its the basic and the most important when it come trading..
dotcoin.info
Sr. Member
****
Offline Offline

Activity: 686
Merit: 252


www.cd3d.app


View Profile
April 29, 2021, 02:34:22 PM
 #87

This is because of the seasons we have been experiencing in crypto that we begin to think of buying before the bear market comes. And then we are not able to identify exactly when the bear market will start and that's when the real problem starts as well. Because when you suddenly dump thinking the bear market had come already but you suddenly see the price went up after dumping. A big loss once again.

Now we are in a bull market and, accordingly, all coins in the future should increase in price. If you are not sure that you can sell at the maximum and buy at the minimum, then you just need to hold your coins until they reach the price at which you want to sell them, otherwise you will lose them.

Very concise and understandable wording. I totally agree. You either set goals for yourself and sell according to them, no matter what happens next, even if your plans change dramatically.
Either you keep your finger on the pulse of the market and learn how to determine the peak of the coin and further pullback.

doomloop
Hero Member
*****
Offline Offline

Activity: 2282
Merit: 581



View Profile
April 29, 2021, 02:54:45 PM
 #88

We made decisions that we think is right but unfortunately, it was wrong. And this implies that not all the time we are in a good situation, and to stop this behavior is a big challenge since we are human beings.
I guess that's kind of easy-going will be possible only after we are having significant experience in crypto trading. I'm not seeing new traders are accepting losses easily and moving forward but they are all getting frustrated more intensively due to losses. Yes, I agree with you, changing this kind of behavior is not easy for anyone but over the practice I guess everything will come into as a habit.

Avoiding frustration is very must thing in trading because only when we are feeling with fresh mindset we can focus on next trade which will be more important to recover losses. Usually feeling frustrated again lead to another loss.

taufik123
Legendary
*
artcontest
Online Online

Activity: 2520
Merit: 1721


View Profile
April 29, 2021, 05:19:44 PM
 #89

-snip-
Avoiding frustration is very must thing in trading because only when we are feeling with fresh mindset we can focus on next trade which will be more important to recover losses. Usually feeling frustrated again lead to another loss.
Frustration because trading cannot be left too long. It takes motivation and a little refreshing to get rid of frustration due to bad trading conditions. If you continue to push, you will make other losses as you have said. This other loss actually makes your assets run out. a calm and focused mind is indispensable. Trading is not only technical training, but also psychology training to be ready to face any risks that are experienced when trading.

The more often you trade, the more you know where the restrictions you shouldn't break. All must follow the strategies that have been made previously. it will save you from frustration.
darewaller
Hero Member
*****
Offline Offline

Activity: 2800
Merit: 634


View Profile
April 29, 2021, 07:45:49 PM
 #90

Trading is not only technical training, but also psychology training to be ready to face any risks that are experienced when trading.
I agree that trading is consisting of different aspects but most traders are only focusing on technical part and just leaving off the psychological part of trading. When it is coming about emotional control while trading, most traders are getting failed and then finding trading as a complete set of frustration. We need to accept losses and at the same time we should not be greedy so that we can stick within our trading plan which is the first rule of controlling emotions in trading. When we are good at the emotion control then we can easily avoid frustrations in trading.
dunfida
Legendary
*
Offline Offline

Activity: 3080
Merit: 1130



View Profile
April 29, 2021, 07:56:26 PM
 #91

Trading is not only technical training, but also psychology training to be ready to face any risks that are experienced when trading.
I agree that trading is consisting of different aspects but most traders are only focusing on technical part and just leaving off the psychological part of trading. When it is coming about emotional control while trading, most traders are getting failed and then finding trading as a complete set of frustration. We need to accept losses and at the same time we should not be greedy so that we can stick within our trading plan which is the first rule of controlling emotions in trading. When we are good at the emotion control then we can easily avoid frustrations in trading.
1. Emotion handling
2. Proper Risk management
3. Finance handling
4. Technical and Fundamentals consideration

These are the factors needed for you to control.It might be easy but its not when you are
already on the actual situation.

Fredomago
Legendary
*
Offline Offline

Activity: 2968
Merit: 1050


Leading Crypto Sports Betting & Casino Platform


View Profile
April 29, 2021, 08:03:55 PM
 #92

I agree that trading is consisting of different aspects but most traders are only focusing on technical part and just leaving off the psychological part of trading.
They are basing calls with the possibilities according to how they understand the technical part of it, they are not minding the sentiments
but more on the potentials.
Quote
When it is coming about emotional control while trading, most traders are getting failed and then finding trading as a complete set of frustration.
Better not to use this as aggressions are very prone on losing your investment, control as much as possible and never go behind what you can afford to spare.
Quote
We need to accept losses and at the same time we should not be greedy so that we can stick within our trading plan which is the first rule of controlling emotions in trading.
Correct, learn to appreciate and never to exceed with your limitations. mos of the time it leads us to lose more than to earn decently.
Quote
When we are good at the emotion control then we can easily avoid frustrations in trading.
Precisely! you can simply move without any doubts and frustrations, smooth sailing.


..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
TheGreatPython
Sr. Member
****
Offline Offline

Activity: 2520
Merit: 329



View Profile
April 29, 2021, 09:04:11 PM
 #93

We need to accept losses and at the same time we should not be greedy so that we can stick within our trading plan which is the first rule of controlling emotions in trading. When we are good at the emotion control then we can easily avoid frustrations in trading.
Yeah traders are becoming frustrated when they keep worrying on unexpected results. So, I agree we must need to accept all the results of trading which can be profits sometimes and losses in different occasions. But, traders must need to treat both of them as same thing. It may not be possible for all the traders from the beginning but over the times of practicing, I guess it will become possible.

Avoiding frustration needs lots of practices but unlike demo trading, people do not need to go for any specialized training for this. Just remembering basic rules of emotion control will help anyone to avoid frustration.

       ███████████████▄▄
    ██████████████████████▄
  ██████████████████████████▄
 ███████   ▀████████▀   ████▄
██████████    █▀  ▀    ██████▄
███████████▄▄▀  ██  ▀▄▄████████
███████████          █████████
███████████▀▀▄  ██  ▄▀▀████████
██████████▀   ▀▄  ▄▀   ▀██████▀
 ███████  ▄██▄████▄█▄  █████▀
  ██████████████████████████▀
    ██████████████████████▀
       ███████████████▀▀
.
Duelbits
███████████████████████████████████████████████    ████    ████    ████
████    ████    ████

.
THE MOST REWARDING CASINO
.
████    ████
███████████████    ████    ████
   ▄▄▄▄████▀███▄▄▄▄▄
▄███▄▀▄██▄   ▄██▄▀▄███▄
████▄█▄███▄█▄███▄█▄████
███████████████████████   ▄██▄
██     ██     ██     ██   ▀██▀
██ ▀▀█ ██ ▀▀█ ██ ▀▀█ ██    ██
██  █  ██  █  ██  █  ██
█▌  ██
██     ██     ██     ████  ██
█████████████████████████  ██
████████████████████████████▀
█████████████████████████
█████████████████████████
████████████████████████▌
     +4,000     
PROVABLY FAIR
GAMES
  $500,000 
MONTHLY
PRIZE POOL
    $10,000   
BLACKJACK
GIVEAWAY
fancy2973
Full Member
***
Offline Offline

Activity: 365
Merit: 100



View Profile
April 30, 2021, 09:20:00 AM
 #94

Frustration is a feeling that you need to take control over by practicing a stability of your mind. There are so many reasons why you could be frustrated. The project doesn'T develop quickly enough, prices decrease or stagnate, the need to cash out for liquidity reasons, trying to recoup losses by throwing good money after bad money and so on and so forth.
In addition to that,
Wrong choice of project, expectations, and also, lack of patience. People had suffered these (natural) feelings will never have a good decision and mostly they often commit mistakes.

Frustration, self-blaming, it is not a thing we supposed to do because, in the first, it is our fault. We made decisions that we think is right but unfortunately, it was wrong. And this implies that not all the time we are in a good situation, and to stop this behavior is a big challenge since we are human beings.

I know how all the hesitation feels when you want to invest. You hesitate and hesitate and in the end you act too late. Ha, it even rhymes! Hesitate and hesitate and in the end you act too late! Tongue

You can't be 100% sure when it comes to investments. If you think you found a good opportunity, stick to it and observe it closely after you made your investment. Act fast if you notice that things are going wrong!

▬▬▬▬▬▬▌   Vulcan Forged    ▐▬▬▬▬▬▬
▬▬▬▬▬▬▌    Telegram   ▌    Discord      ▌     Twitter      ▐▬▬▬▬▬▬
▬▬▬▬▬▬▬▬▬▬▬▬▬▬  DISCOVER   ▬▬▬▬▬▬▬▬▬▬▬▬▬▬
jrrsparkles
Sr. Member
****
Offline Offline

Activity: 2394
Merit: 253


Eloncoin.org - Mars, here we come!


View Profile
April 30, 2021, 04:53:22 PM
 #95

FOMO is one of the big enemy that needs to be conquered if you want to succeed in trading and investing. alot of people usually neglect investing at the early stage but only wake up to join the train when its halfway or near the destination. the oppression from friends and mates is also one of the things that make people fomo. thats why its always important to keep your emotions under control. dont be oppressed by anyones profit, you will make your own if you do the right thing. i read comments from lots of traders that are lamenting of their loss because of fomoing to buy the top. one important thing to always remember is that there are alot of opportunity, all you have to do is to find them early and buy into them.
Buy FUDs and sell FOMO that is the basic strategy, so when you are feeling like a  chance of missing out then its already too late and it should be the perfect time to cash out and wait for the dip.









▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
Mars,           
here we come!
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
ElonCoin.org.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"

▬▬▬▬▬
Vaculin
Hero Member
*****
Offline Offline

Activity: 2898
Merit: 612


View Profile
April 30, 2021, 07:01:10 PM
 #96

We need to accept losses and at the same time we should not be greedy so that we can stick within our trading plan which is the first rule of controlling emotions in trading. When we are good at the emotion control then we can easily avoid frustrations in trading.
Yeah traders are becoming frustrated when they keep worrying on unexpected results. So, I agree we must need to accept all the results of trading which can be profits sometimes and losses in different occasions. But, traders must need to treat both of them as same thing. It may not be possible for all the traders from the beginning but over the times of practicing, I guess it will become possible.

Avoiding frustration needs lots of practices but unlike demo trading, people do not need to go for any specialized training for this. Just remembering basic rules of emotion control will help anyone to avoid frustration.
In that case, we better stop thinking about profit but instead of thinking about losses. Maybe this could help to avoid frustration.
Traders had overly think about that trading could make them profitable and rich which is just eventually different. Maybe some did the best and reach their goal but I know it wasn't in an easy way. And just like us, they also suffer losses, tested their faith, and most likely, they'll come into frustration but they were able to manage themselves and conquer such feeling that is why they succeed.
stomachgrowls
Hero Member
*****
Offline Offline

Activity: 2856
Merit: 768



View Profile
April 30, 2021, 07:18:51 PM
 #97

We need to accept losses and at the same time we should not be greedy so that we can stick within our trading plan which is the first rule of controlling emotions in trading. When we are good at the emotion control then we can easily avoid frustrations in trading.
Yeah traders are becoming frustrated when they keep worrying on unexpected results. So, I agree we must need to accept all the results of trading which can be profits sometimes and losses in different occasions. But, traders must need to treat both of them as same thing. It may not be possible for all the traders from the beginning but over the times of practicing, I guess it will become possible.

Avoiding frustration needs lots of practices but unlike demo trading, people do not need to go for any specialized training for this. Just remembering basic rules of emotion control will help anyone to avoid frustration.
In that case, we better stop thinking about profit but instead of thinking about losses. Maybe this could help to avoid frustration.
Traders had overly think about that trading could make them profitable and rich which is just eventually different. Maybe some did the best and reach their goal but I know it wasn't in an easy way. And just like us, they also suffer losses, tested their faith, and most likely, they'll come into frustration but they were able to manage themselves and conquer such feeling that is why they succeed.
Thinking about losses instead? that isnt something to be that inspiring on why you do trade because we are doing this stuff for the sake of making profits which would really be a motivator for us to go further.

Its not bad to think about profits because you would really be setting up some goal that you should really able to achieved but always take out some caution and dont anticipate much because this would really
be leading into some frustration or being discourage when you didnt able to hit your target or goal.

There are some people who do easily quit up if they havent met their expectations towards their trades without realizing that losing is always been part for this kind of career due to unpredictability
of the market then its just normal that you would really be experiencing losses which is inevitable.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄
███░░░░███░░░░███
░░░░░░░░░░░░░
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░░░░███▄█░░░
░░██▌░░███░▀░░██▌
█░██░░███░░░██
█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀
.
REGIONAL
SPONSOR
███▀██▀███▀█▀▀▀▀██▀▀▀██
██░▀░██░█░███░▀██░███▄█
█▄███▄██▄████▄████▄▄▄██
██▀ ▀███▀▀░▀██▀▀▀██████
███▄███░▄▀██████▀█▀█▀▀█
████▀▀██▄▀█████▄█▀███▄█
███▄▄▄████████▄█▄▀█████
███▀▀▀████████████▄▀███
███▄░▄█▀▀▀██████▀▀▀▄███
███████▄██▄▌████▀▀█████
▀██▄█████▄█▄▄▄██▄████▀
▀▀██████████▄▄███▀▀
▀▀▀▀█▀▀▀▀
.
EUROPEAN
BETTING
PARTNER
MIner1448
Member
**
Offline Offline

Activity: 938
Merit: 13

Tontogether | Save Smart & Win Big


View Profile
May 01, 2021, 11:17:50 AM
 #98

Great words!
After all, a really thorny trader, even if it is very difficult, through emotions and disappointments comes a real profit, you must never give up even when there is a loss for the loss of your money, a deal will come sooner or later, which will block all the minuses.
MishaSER
Full Member
***
Offline Offline

Activity: 1050
Merit: 103


BIB Exchange


View Profile
May 01, 2021, 03:09:25 PM
 #99

We cannot avoid this, every person must go through this. People always learn only from their mistakes, and only in this way a person will grow and form his opinion. It can be considered a rite of passage.

███     WHITEPAPER  |    TELEGRAM    ███      BiB Exchange      ███     TWITTER     |   INSTAGRAM     ███
S e t   O f f   t h e   W e b 3   G e n e r a t i o n   N o w
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄     ►► Powered by BOUNTY DETECTIVE     ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
fancy2973
Full Member
***
Offline Offline

Activity: 365
Merit: 100



View Profile
May 03, 2021, 07:19:36 PM
 #100

We need to accept losses and at the same time we should not be greedy so that we can stick within our trading plan which is the first rule of controlling emotions in trading. When we are good at the emotion control then we can easily avoid frustrations in trading.
Yeah traders are becoming frustrated when they keep worrying on unexpected results. So, I agree we must need to accept all the results of trading which can be profits sometimes and losses in different occasions. But, traders must need to treat both of them as same thing. It may not be possible for all the traders from the beginning but over the times of practicing, I guess it will become possible.

Avoiding frustration needs lots of practices but unlike demo trading, people do not need to go for any specialized training for this. Just remembering basic rules of emotion control will help anyone to avoid frustration.
In that case, we better stop thinking about profit but instead of thinking about losses. Maybe this could help to avoid frustration.
Traders had overly think about that trading could make them profitable and rich which is just eventually different. Maybe some did the best and reach their goal but I know it wasn't in an easy way. And just like us, they also suffer losses, tested their faith, and most likely, they'll come into frustration but they were able to manage themselves and conquer such feeling that is why they succeed.

A good risk manager has an eye on both sides anyway. One eye on the winning side, that is profits when the price goes up of course, but on the other side is the losing side and a good risk manager not only tries to increase the profit side, but also to minimize the loss side. Part of it is to be ready to sell an asset without running in circles in your head whether it could go up again minutes later when in fact you are convinced it will actually go down.

▬▬▬▬▬▬▌   Vulcan Forged    ▐▬▬▬▬▬▬
▬▬▬▬▬▬▌    Telegram   ▌    Discord      ▌     Twitter      ▐▬▬▬▬▬▬
▬▬▬▬▬▬▬▬▬▬▬▬▬▬  DISCOVER   ▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Pages: « 1 2 3 4 [5] 6 7 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!