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Author Topic: How do you cope with the stress of trading?  (Read 232 times)
Hashbon (OP)
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August 10, 2021, 07:27:06 PM
 #1

Trading - One of the most stressful things I have ever done.

It is a rollercoaster of emotions and if you do not have an outlet, it's only a matter of time till you're reenacting scenes from "The Shining"...

How do you cope with the stress of trading?

Asking for a friend
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August 10, 2021, 08:05:12 PM
 #2

Stop trading on that day.

Watch some good movies, animes or look for another thing to do that shall give you relief. We have different activities to do that you like and just do those things that you think will relieve you from stress in trading.



.
.BIG WINNER!.
[15.00000000 BTC]


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Hashbon (OP)
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August 10, 2021, 08:13:41 PM
 #3

Stop trading on that day.

Watch some good movies, animes or look for another thing to do that shall give you relief. We have different activities to do that you like and just do those things that you think will relieve you from stress in trading.

Thank you for your input!

Yeah I think stopping the trade is the way to go, but if you don't have a stop loss then you go from a trader to an investor which fills up your mind no matter what you do  Huh

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boyptc
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August 10, 2021, 08:46:58 PM
 #4

Stop trading on that day.

Watch some good movies, animes or look for another thing to do that shall give you relief. We have different activities to do that you like and just do those things that you think will relieve you from stress in trading.

Thank you for your input!

Yeah I think stopping the trade is the way to go, but if you don't have a stop loss then you go from a trader to an investor which fills up your mind no matter what you do  Huh

A trader should always follow up his trades with a stop loss. You're really going to have that stressful trades if you don't set that.

It's not always a win so that's why it's important to set your stop loss as it's another reason why traders are having a stressful day. When they forget to stop loss.



.
.BIG WINNER!.
[15.00000000 BTC]


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August 11, 2021, 05:29:53 AM
 #5

I agree with @boyptc suggestion to stop trading if you feel stress. It is no problem if you become an investor because you only sell your coins when you get profit and that will not make you feel confused or stress with the price movements. That will be better to do, especially if you hard to handle your emotion in trading. Setting a stop loss will help you to prevent the big loss.

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August 11, 2021, 02:37:55 PM
 #6

Trading - One of the most stressful things I have ever done.

It is a rollercoaster of emotions and if you do not have an outlet, it's only a matter of time till you're reenacting scenes from "The Shining"...

How do you cope with the stress of trading?

Asking for a friend
  Cheesy

It is hard to give advice here because everybody is different. I had problems with stress too when I did day trading. I always felt like I sold to early or too late. By the thing with trading is that we can't always find the perfect timing. We need to beware that we are going to make a loss on some trades. As long as we win more than lose we should be fine. Try to clear your had in the evening.
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August 11, 2021, 08:45:29 PM
 #7

Stop trading on that day.

Watch some good movies, animes or look for another thing to do that shall give you relief. We have different activities to do that you like and just do those things that you think will relieve you from stress in trading.

Thank you for your input!

Yeah I think stopping the trade is the way to go, but if you don't have a stop loss then you go from a trader to an investor which fills up your mind no matter what you do  Huh

A trader should always follow up his trades with a stop loss. You're really going to have that stressful trades if you don't set that.

It's not always a win so that's why it's important to set your stop loss as it's another reason why traders are having a stressful day. When they forget to stop loss.

You're 100% right on this one... A stop loss is a must have. Sadly I can't say that I've done so religiously haha

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Hashbon (OP)
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August 11, 2021, 08:46:02 PM
 #8

Hm....interesting question...I need more information about this

what information do you need? Smiley

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August 11, 2021, 11:32:25 PM
 #9

Stop trading on that day.

Watch some good movies, animes or look for another thing to do that shall give you relief. We have different activities to do that you like and just do those things that you think will relieve you from stress in trading.

Thank you for your input!

Yeah I think stopping the trade is the way to go, but if you don't have a stop loss then you go from a trader to an investor which fills up your mind no matter what you do  Huh

A trader should always follow up his trades with a stop loss. You're really going to have that stressful trades if you don't set that.

It's not always a win so that's why it's important to set your stop loss as it's another reason why traders are having a stressful day. When they forget to stop loss.

You're 100% right on this one... A stop loss is a must have. Sadly I can't say that I've done so religiously haha
Then you have to correct what you've been doing.

It's a stress reliever for worse trades that you might have and at the same time a saver of your balance.  Tongue



.
.BIG WINNER!.
[15.00000000 BTC]


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Chato1977
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August 12, 2021, 01:07:47 AM
 #10

Trading - One of the most stressful things I have ever done.

It is a rollercoaster of emotions and if you do not have an outlet, it's only a matter of time till you're reenacting scenes from "The Shining"...

How do you cope with the stress of trading?

Asking for a friend
  Cheesy
Never engaged in things that only bring you stress mate,

so if you only find stress in Trading then why need to continue > there are so many areas where we can make a gaining and in which there is no stress.
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August 12, 2021, 09:22:25 AM
 #11

Just yesterday, in order to buy coins, I spent one night studying coins. I have to go to work the next day. Even though I stay up late, I still insist on going to work, but I don't feel tired, because for the sake of living, I think I can save money for future generations and I am full of motivation.
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August 12, 2021, 09:56:16 AM
 #12

I don’t actively trade, I just buy & HODL. I’ve done it that way since 2015 but I do plan to sell some later this year. I think short term trading is gambling, best to DCA over a long period, nobody ever loses money this way.

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peter0425
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August 12, 2021, 10:22:24 AM
 #13

I having a break mate, because there are no other ways to treat your self but a rest and enjoyable moment in which he will never have as he finds only stress in trading.
can't he find another work to live?
or other option of profiting so he will stay short time in trading?









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August 12, 2021, 12:28:01 PM
 #14

@OP, stop using unnecessary bolded words and colour for your text unless its really important to highlight.

Doing trading for 24/7 will make you sick and stressful for sure, so limit your trading activities and avoid too much of trading because you feel the stress only if the things are mot going in your way.
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August 12, 2021, 02:52:36 PM
 #15

Stop trading on that day.

Watch some good movies, animes or look for another thing to do that shall give you relief. We have different activities to do that you like and just do those things that you think will relieve you from stress in trading.

Thank you for your input!

Yeah I think stopping the trade is the way to go, but if you don't have a stop loss then you go from a trader to an investor which fills up your mind no matter what you do  Huh

A trader should always follow up his trades with a stop loss. You're really going to have that stressful trades if you don't set that.

It's not always a win so that's why it's important to set your stop loss as it's another reason why traders are having a stressful day. When they forget to stop loss.

You're 100% right on this one... A stop loss is a must have. Sadly I can't say that I've done so religiously haha
Then you have to correct what you've been doing.

It's a stress reliever for worse trades that you might have and at the same time a saver of your balance.  Tongue

I may transform into an investor xD

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August 12, 2021, 02:54:23 PM
 #16

@OP, stop using unnecessary bolded words and colour for your text unless its really important to highlight.

Doing trading for 24/7 will make you sick and stressful for sure, so limit your trading activities and avoid too much of trading because you feel the stress only if the things are mot going in your way.

Apologies my friend, I did not mean to bother anyone with my formatting, just thought it looks pretty that's all, my bad!

As for trading, I tend to overdo it, which is why I need to stop. I don't believe I'm built for the trading life

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August 12, 2021, 02:55:36 PM
 #17

I don’t actively trade, I just buy & HODL. I’ve done it that way since 2015 but I do plan to sell some later this year. I think short term trading is gambling, best to DCA over a long period, nobody ever loses money this way.

I will start doing that as well. Trading sometimes brings me big wins, though sometimes the losses are enough to put a bullet through my profits. HODLing seems like the strat.

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August 12, 2021, 03:14:30 PM
 #18

I wonder what you mean by "if you don't have an outlet".
Anyway, In my opinion, if you don't want to be in that kind of emotional situation just plan your trades, have a trading strategy and automate your trades so you don't have to be glued to price & be controlled by emotions. You probably could reserve some funds in stuff like stablecoin/fiat to do this. You use parts of the reserve to buy whenever there is significant dip then hope to be in profits when price goes up.        If you can't do this, you could aswell use a price alert app to alert you whenever price goes below certain level so that you can buy some. I'd advise you do this with amount of money you can afford to risk/lose.
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August 12, 2021, 03:51:15 PM
 #19

I wonder what you mean by "if you don't have an outlet".
Anyway, In my opinion, if you don't want to be in that kind of emotional situation just plan your trades, have a trading strategy and automate your trades so you don't have to be glued to price & be controlled by emotions. You probably could reserve some funds in stuff like stablecoin/fiat to do this. You use parts of the reserve to buy whenever there is significant dip then hope to be in profits when price goes up.        If you can't do this, you could aswell use a price alert app to alert you whenever price goes below certain level so that you can buy some. I'd advise you do this with amount of money you can afford to risk/lose.

What I mean is if you don't have a way to let out all the stress.

Thank you for your advice, I'll probably take it easy on trading and do something else instead. Day trading is far from the easiest thing and you need to constantly analyze graphs and constantly follow their movements. Not really my thing anymore. Smiley

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August 12, 2021, 04:24:44 PM
 #20

@OP, stop using unnecessary bolded words and colour for your text unless its really important to highlight.

Doing trading for 24/7 will make you sick and stressful for sure, so limit your trading activities and avoid too much of trading because you feel the stress only if the things are mot going in your way.

Apologies my friend, I did not mean to bother anyone with my formatting, just thought it looks pretty that's all, my bad!

As for trading, I tend to overdo it, which is why I need to stop. I don't believe I'm built for the trading life
No one can hendle the stress if they look at the screen all the time that is why limiting us is much needed and also day traders are not actually making huge money in long term so try to become long term trader so you will have less work load and more profits.
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