VanityWallets2015
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August 14, 2021, 07:51:21 AM |
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Yes never add it in your trade emotion should be set off aside, whenever I am trading I always put stop profit and stop loss (depends on my analysis) and after that I just leave it and wait for notification on my phone whether I lost or I earn profit in that way my emotions wouldn't be part of my trade, that's my style of trading.
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Kong Hey Pakboy
Member
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Activity: 1120
Merit: 68
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August 14, 2021, 01:13:04 PM |
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Yes never add it in your trade emotion should be set off aside, whenever I am trading I always put stop profit and stop loss (depends on my analysis) and after that I just leave it and wait for notification on my phone whether I lost or I earn profit in that way my emotions wouldn't be part of my trade, that's my style of trading.
It's alright to have emotion, don't set it aside, instead try to control it rather than setting it aside, what you can get from controlling it is that it's not going to get bottled up compared to setting it aside. Learning to harness your emotion is much better than ignoring.
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BuNga_cute
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August 14, 2021, 01:29:35 PM |
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Yes never add it in your trade emotion should be set off aside, whenever I am trading I always put stop profit and stop loss (depends on my analysis) and after that I just leave it and wait for notification on my phone whether I lost or I earn profit in that way my emotions wouldn't be part of my trade, that's my style of trading.
It's alright to have emotion, don't set it aside, instead try to control it rather than setting it aside, what you can get from controlling it is that it's not going to get bottled up compared to setting it aside. Learning to harness your emotion is much better than ignoring. Everyone has emotions, so don't worry too much about your emotions. Humans have the ability to control their own emotions, so as long as our emotions are controlled, there will be no harm in doing anything. Including if we are going to trade, we must be able to control our emotions. Don't let us make decisions based on emotions, always think positively and be tolerant of the problems we face when trading, it can be very useful so that our emotions are more controlled.
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celot
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August 14, 2021, 03:00:53 PM |
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Yes never add it in your trade emotion should be set off aside, whenever I am trading I always put stop profit and stop loss (depends on my analysis) and after that I just leave it and wait for notification on my phone whether I lost or I earn profit in that way my emotions wouldn't be part of my trade, that's my style of trading.
It's alright to have emotion, don't set it aside, instead try to control it rather than setting it aside, what you can get from controlling it is that it's not going to get bottled up compared to setting it aside. Learning to harness your emotion is much better than ignoring. Everyone has emotions, so don't worry too much about your emotions. Humans have the ability to control their own emotions, so as long as our emotions are controlled, there will be no harm in doing anything. Including if we are going to trade, we must be able to control our emotions. Don't let us make decisions based on emotions, always think positively and be tolerant of the problems we face when trading, it can be very useful so that our emotions are more controlled. a good emotion is the emotion of ambition, not ambition.. if it is ambitious, it means that it has exceeded the limit or it can be said that we can no longer control ourselves. This is where the importance of positive emotions. But I'm sure if emotions are still logical, we will never get out of a trade with a failed result.
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Cling18
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August 14, 2021, 03:02:16 PM |
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I'd want to provide some guidance, particularly to individuals who are new to the market. You think you should buy in ALTs whenever the market is rising. And it's possible that you'll gain from it. However, the market drops after you make your investment. When the market falls, you believe you are losing money and sell everything. When you watch the stock market rise, you invest. You will continue to be harmed in this manner. As a result, anytime you need to invest, put a tiny percentage of your portfolio into it. As a result, even if the market falls, you will still have your portfolio. Never trade based on your emotions. Calculate carefully before investing.
It's one of the common mistakes of traders nowadays especially beginners. They are usually carried by the hype which influences them to make inappropriate decisions. As for me, it's important that we'll have a background check on a certain coin before investing in it and not just because it's on-trend. We should control our emotions so we'll never make wrong decisions.
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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August 14, 2021, 08:24:35 PM Last edit: August 16, 2021, 10:34:18 PM by seleme |
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I'd want to provide some guidance, particularly to individuals who are new to the market. You think you should buy in ALTs whenever the market is rising. And it's possible that you'll gain from it. However, the market drops after you make your investment. When the market falls, you believe you are losing money and sell everything. When you watch the stock market rise, you invest. You will continue to be harmed in this manner. As a result, anytime you need to invest, put a tiny percentage of your portfolio into it. As a result, even if the market falls, you will still have your portfolio. Never trade based on your emotions. Calculate carefully before investing.
It's one of the common mistakes of traders nowadays especially beginners. They are usually carried by the hype which influences them to make inappropriate decisions. As for me, it's important that we'll have a background check on a certain coin before investing in it and not just because it's on-trend. We should control our emotions so we'll never make wrong decisions. It is ok to emotionally trade the coin that you have traded a million times and your 6th sense forces you to buy more even if the technical analysis doesn't support this decision. In the case of inexperienced traders, it is gambling better to place a bet on red/black on a roulette table at least you wouldn't wait long and the instant result will give 2x back without fake price(odds) movement. Yes never add it in your trade emotion should be set off aside, whenever I am trading I always put stop profit and stop loss (depends on my analysis) and after that I just leave it and wait for notification on my phone whether I lost or I earn profit in that way my emotions wouldn't be part of my trade, that's my style of trading.
It's alright to have emotion, don't set it aside, instead try to control it rather than setting it aside, what you can get from controlling it is that it's not going to get bottled up compared to setting it aside. Learning to harness your emotion is much better than ignoring. Everyone has emotions, so don't worry too much about your emotions. Humans have the ability to control their own emotions, so as long as our emotions are controlled, there will be no harm in doing anything. Including if we are going to trade, we must be able to control our emotions. Don't let us make decisions based on emotions, always think positively and be tolerant of the problems we face when trading, it can be very useful so that our emotions are more controlled. a good emotion is the emotion of ambition, not ambition.. if it is ambitious, it means that it has exceeded the limit or it can be said that we can no longer control ourselves. This is where the importance of positive emotions. But I'm sure if emotions are still logical, we will never get out of a trade with a failed result. No matter how you feel positive or negative, the trading result shouldn't be affected by your emotions. It doesn't make sense to just keep trading on the same patterns just because you feel good or bad, the importance of a trading plan is essential to keep the profit curve up. In another hand, emotional trading will make you feel drained and you only make trading decisions based on the previous trading experience only.
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boyptc
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August 14, 2021, 10:24:06 PM |
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It's alright to have emotion, don't set it aside, instead try to control it rather than setting it aside, what you can get from controlling it is that it's not going to get bottled up compared to setting it aside. Learning to harness your emotion is much better than ignoring.
It's the same I think. Setting aside and controlling it, you're doing the same thing of bypassing your emotion so that it won't intervene with your trades. Because once you go affected through your emotion, you're going to see the negative effect from those trades that you're trying to make and can also make you panic.
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DibiaVxosis
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August 14, 2021, 11:11:20 PM |
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That's always going to be a problem with us, humans, who have emotional sides and overthinking factors that ride over our heads. You can never be successful if you are too vigorous with it and deciding on those feelings. When people do that, that's because of the gambling nature that we have and not the rational one. We need to be consistent to be successful and follow risk management instead of just going all in. Don't be envious of what other people have because they might have a different starting point than you. Just be patient, and everything will fall into place in the long run. Plus, use a tool like Gunbot to assist your trading. Perfectly said, I overthink so much and it affects me so bad in the crypto space, not being able to make the right decision at the right time, I find myself always in the FOMO state, this makes me loose when am not supposed to and it's really so bad, and am trying to change that. Being emotional isn't good in this space and I will do my best not to be an over thinker, and will always make the right choices at the right time.
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Ziskinberg
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August 14, 2021, 11:23:04 PM |
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It's alright to have emotion, don't set it aside, instead try to control it rather than setting it aside, what you can get from controlling it is that it's not going to get bottled up compared to setting it aside. Learning to harness your emotion is much better than ignoring.
It's the same I think. Setting aside and controlling it, you're doing the same thing of bypassing your emotion so that it won't intervene with your trades. Because once you go affected through your emotion, you're going to see the negative effect from those trades that you're trying to make and can also make you panic. We can't hide this emotion as surely it will come nor we can fully control it no matter what we do. But, if we have some trust and confidence in what we are doing, we can lower it down. It just to happens for most is that they let their emotion control their action which surely could drive them to make bad decisions. The only way to help this thing is to let our mind think about what really be the best thing to do, not makes our emotions decide.
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Hippocrypto
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August 14, 2021, 11:35:19 PM |
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We can't hide this emotion as surely it will come nor we can fully control it no matter what we do. But, if we have some trust and confidence in what we are doing, we can lower it down. It just to happens for most is that they let their emotion control their action which surely could drive them to make bad decisions. The only way to help this thing is to let our mind think about what really be the best thing to do, not makes our emotions decide. Eventually these people who used to let their emotions go beyond control was because of negativities behind them. They'll putting it as a practice and don't develop self esteem which motivates them to become stronger. Letting our emotions decide was really no assurance but failures. We need to learn everything in order to prevent losing because of fear and worries.
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suryana
Sr. Member
Offline
Activity: 1218
Merit: 254
Trphy.io
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August 15, 2021, 09:16:28 AM |
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Yes never add it in your trade emotion should be set off aside, whenever I am trading I always put stop profit and stop loss (depends on my analysis) and after that I just leave it and wait for notification on my phone whether I lost or I earn profit in that way my emotions wouldn't be part of my trade, that's my style of trading.
It's alright to have emotion, don't set it aside, instead try to control it rather than setting it aside, what you can get from controlling it is that it's not going to get bottled up compared to setting it aside. Learning to harness your emotion is much better than ignoring. Everyone has emotions, so don't worry too much about your emotions. Humans have the ability to control their own emotions, so as long as our emotions are controlled, there will be no harm in doing anything. Including if we are going to trade, we must be able to control our emotions. Don't let us make decisions based on emotions, always think positively and be tolerant of the problems we face when trading, it can be very useful so that our emotions are more controlled. a good emotion is the emotion of ambition, not ambition.. if it is ambitious, it means that it has exceeded the limit or it can be said that we can no longer control ourselves. This is where the importance of positive emotions. But I'm sure if emotions are still logical, we will never get out of a trade with a failed result. What I just discovered is that emotions are positive. maybe you mean emotions on a regular basis that can still be controlled and logical thinking still works. It's all up to each individual how to deal with this.
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Panxora_COO
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August 15, 2021, 01:25:14 PM |
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I'm sorry but you are confusing one's professional and private life. Trading with emotion is not profitable. Even if you are a 'gut feel' trader and not a quant model trading, you need to divorce yourself of fear and greed, while learning to profit from the fear and greed in others. In fact, the number of young, inexperienced traders it what makes crypto such an inefficient market and highly profitable.
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pawanjain
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August 15, 2021, 03:07:33 PM |
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I'd want to provide some guidance, particularly to individuals who are new to the market. You think you should buy in ALTs whenever the market is rising. And it's possible that you'll gain from it. However, the market drops after you make your investment. When the market falls, you believe you are losing money and sell everything. When you watch the stock market rise, you invest.You will continue to be harmed in this manner. As a result, anytime you need to invest, put a tiny percentage of your portfolio into it. As a result, even if the market falls, you will still have your portfolio. Never trade based on your emotions. Calculate carefully before investing.
Very true. Calculating the risks and investing accordingly is an essential factor in trading which many fail to understand. Going all in and putting buy/sell orders in the wrong time often ends up in a loss. Even I have faced the same situation quite often and lost my money. The key factor is to invest the right % of the amount at the right time to get profits.
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[/tabl
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crwth
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https://linktr.ee/crwthopia
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August 15, 2021, 04:41:44 PM |
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Perfectly said, I overthink so much and it affects me so bad in the crypto space, not being able to make the right decision at the right time, I find myself always in the FOMO state, this makes me loose when am not supposed to and it's really so bad, and am trying to change that. Being emotional isn't good in this space and I will do my best not to be an over thinker, and will always make the right choices at the right time.
I do believe that it's natural to feel those things and expect that it's going to go in your way but mostly, it never does. It's ecstatic to know if it did but it's always going to be based on luck and never going to happen all the time. That's why there are strict risk management techniques that you should be utilizing in order to be successful in this trading. Whether it's in crypto or in stocks, it should be followed all the time.
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checkmatesir
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$CYBERCASH METAVERSE
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August 15, 2021, 04:46:52 PM |
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To get away from these types of emotions one should follow some of the following tips. First of all always buy in the dip and know about the selling and buying limits which is really important in trading and another thing i must tell you that you trading should be profitable i mean take profit whether it is small or big doesn't matter.
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Tahsin Kabir Kollol
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August 15, 2021, 05:16:52 PM |
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Emotion plays an important role in trading and we cannot control it completely. In reality, Emotion will ordinarily come to play when you trading your real asset. It is consistently hard to be totally deadpan with regards to genuine exchanging that whenever cash is included, only that one should be extra cautious so the choice you will make won't be hundred percent affected by the feeling as that will lead you to settle on an off-base exchanging choice. You must gain skills and experience in trading and accustom yourself to making decisions based on acquired skills so that emotional thoughts and emotions do not predominate.
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sana54210
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August 16, 2021, 07:43:18 PM |
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What I just discovered is that emotions are positive. maybe you mean emotions on a regular basis that can still be controlled and logical thinking still works. It's all up to each individual how to deal with this.
I have to say that it is totally wrong to put emotions into crypto. No matter how you use it, eventually it could actually end up making it bad and you should be avoiding putting your emotions into crypto. I understand that some emotions could be basically a way to abstract yourself from the situation but the reality is that you should not have anything at all. Why? Because the reality is that we should not be looking into crypto with any feeling, it should be just robotic to trade and that way you could make a lot more profit. I am not saying there are no people in the world who put emotions into crypto and still fail to make money. I mean Peter Lynch is one of the best investors in the world and he once bought into a stock because his daughter and daughters friend was in love with the company, and he checked and it was a rising company for young women, that is emotion and yet he made more money from that compared to anything in his life. But does that mean he should continue? Next one may not be like that, just because it works once doesn't mean that it will continue to make profit.
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Bushdark
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Vave.com - Crypto Casino
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August 17, 2021, 07:09:05 AM |
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Emotion is a factor that runs many trader down. We I say it's as a result of greed, people want to make it by all means. They allow their emotion to control them
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thecryptogandalf
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Activity: 147
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August 17, 2021, 12:25:46 PM |
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I'd want to provide some guidance, particularly to individuals who are new to the market. You think you should buy in ALTs whenever the market is rising. And it's possible that you'll gain from it. However, the market drops after you make your investment. When the market falls, you believe you are losing money and sell everything. When you watch the stock market rise, you invest.You will continue to be harmed in this manner. As a result, anytime you need to invest, put a tiny percentage of your portfolio into it. As a result, even if the market falls, you will still have your portfolio. Never trade based on your emotions. Calculate carefully before investing.
So true, I have read a nice short article about it the other day. Adding the link if anyone will be interested in reading.
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Rehan Zakir
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August 17, 2021, 06:00:20 PM |
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You are saying right that don't do trading with emotions. It is not so simple.
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