Emotions should never be traded.

[Questat]

Actually if you really educate your self at the first place such what are the disadvantage and advantage and challenges to face in trading, perhaps you can control your emotions and you know already what's the best solution for any scenario in trading.
but sad to say more people nowadays is diving in without hesitation and repent afterwards. They don't aware in any circumstances when it comes trading even they can't afford to lose money from it.  

They rush on the market thinking all in the positive but never in their thinking what will happen if they commit mistakes. They keep ignoring the negative side of trading. Lack of market knowledge, overconfident, and lastly, they have no plan.

Trading isn't a joke to be honest wherein if they will continue doing the same mistakes and don't have any plan to educate their self first while it's not late. Then all i can say is good luck!..

Committing mistakes were common for the novice but if that could be consistently doing, there is no way to succeed. I could really be seeing big losses on their side than making money. Changing their attitude might help it out but the best thing it helps them is to find a way to correct their mistakes as soon as possible.

[xmonkeyx]

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.

that's right, that's why when buying at a high price and suddenly the price drops it makes you panic so that you decide to stop loss and hold your loss is a mistake that often occurs and is done by beginners. if in my opinion look at the prospect of the coin before investing and leave it or keep it on hold until you get a profit.

[Kelvinid]

Personally, if we wanted to have positive results on our trade, we have to learn first how to control our emotions. Apparently, this was the challenging part of trading as we all know that it was really hard to do it in real life.

Although we can't make ourselves to commit that, it wasn't a failure for me. Emotions are a natural feeling for everyone and could certainly it gives a huge impact on our trades (negatively) but have to accept this as we have no chance to stop nor to totally eliminate this thing.

[qwertyup23]

As a result, even if the market falls, you will still have your portfolio. Never trade based on your emotions. Calculate carefully before investing.

I have to highlight the last point you made since this is the most important aspect in trading- "never trade based on your emotions."

The problem with trading stems from the experience of the trader. More often than not, most newbie traders are not accustomed to trading with their resources. They have this false sense of security and hope that whenever they trade, it is going to be considered as "easy money" on their end. But in reality, most newbie day traders lose like 97% of their money.

 Like what I previously mentioned, experience plays a vital role in this type of field. Once you get to establish all the necessary indicators, then your trading portfolio would be manageable.

[zanezane]

When you start trading with excess emotion then you don’t success in trading. Trading is a Business. You should control your emotion When you trade. Remember that emotion Won't able to success your trading.  Learn from every mistake, Don't be panic.Kepp patience and move on.

Just learn how to control it and you will be good to go, remember that it's your mentality and attitude that can save you when you are trading, trading is risky in itself so you don't want to mix it with erratic emotions.

[ReiMomo]

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.

This is kind of falling into manipulation. As you correctly say, lets not get into order books when the market is manipulated. Never get in when the concern coin you wish to invest, just suddenly goes up. Analyse and be updated on new updates to the coin you are investing. For an example, if you are going to invest in a good coin and thats going to be listed on a reputed exchange, then yes, you have your treat there. Like wise, watch out for good updates and wait and place your order accordingly. Never let your emotion lead you on trading. 

[TheGreatPython]

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.

This is the problem with a lot of people, they are always finding it difficult to know when they should invest their money. For them the best time to start investing is when the market is going up and when they start selling is when the market is going down. They just don’t know what to do, and due to that, they will invest wrongly and lose their money. It happens to a lot of people. Instead of buying an asset when the market is going up, it’s best to buy it when it crashes and then hold it till the value increases and then you sell it before the market starts to crash.

[Mahanton]

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.

This is the problem with a lot of people, they are always finding it difficult to know when they should invest their money. For them the best time to start investing is when the market is going up and when they start selling is when the market is going down. They just don’t know what to do, and due to that, they will invest wrongly and lose their money. It happens to a lot of people. Instead of buying an asset when the market is going up, it’s best to buy it when it crashes and then hold it till the value increases and then you sell it before the market starts to crash.

How come that it became simple?  Its always been difficult on where we should invest our money and due to doubts and hesitations then its normal that decisions would really become a hard thing to call on.
Emotions is common because we are just human and we do value much our money that we do hardly earned and in the time that we do consider out some investment the those kind of emotions
would pop out and when you arent having some experiences then this is where mistakes do came from and we should really be aware and be prepared on what are the things
we should gonna do next.

[topbitcoin]

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.

Being emotional in trading activity can be happen to anyone, even traders who already get a lot of experience in trading sometime faced it. If me honeslt i am not resist if in day trading i always get emotional that is why i change my trading style to buy and hold big coins. Maybe other people if can really push their emotion in trading and keep stay calm, will be very success in it.

[kawetsriyanto]

remember that it's your mentality and attitude that can save you when you are trading

Yep. Have a good mentality or attitude such as the ability to control emotion, is exactly a crucial thing in trading. When you trade with emotion, you probably decide to buy or sell your coins instantly, without considering fundamentals or any other factors. This can lead to big losses and you may end your trading journey soon after that. There are many cases that people leave trading because they cannot control their emotions. It should be a warning for us to improve our ability in controlling emotions.

[dothebeats]

A lot of people still fall prey to their emotions when it comes to investing and trading. Take for example Axie Infinity and its SLP token ATH in July. A lot of people impulsively bought axies back then and ended up seeing the rewards greatly diminished after the price of the SLP token normalized. Some friends also got burned, though they would still be able to recoup the losses if they stay patient and not try to sell what they have right now.

Had they studied the market properly and realized that the hype is just temporary, they wouldn’t get anxious if they can still get back the money they invested for several teams. It is what it is though, and there’s really no changing things that happened except for learning from those past lessons.

[AakZaki]

Personally, if we wanted to have positive results on our trade, we have to learn first how to control our emotions. Apparently, this was the challenging part of trading as we all know that it was really hard to do it in real life.

Although we can't make ourselves to commit that, it wasn't a failure for me. Emotions are a natural feeling for everyone and could certainly it gives a huge impact on our trades (negatively) but have to accept this as we have no chance to stop nor to totally eliminate this thing.

Emotions that exist in us can not be stopped, but still can be controlled. The best way to train emotions or psychology when trading is to trade as often as possible, it will train our emotions to what extent. when we are able to control our emotions and not panic too much when the market conditions are not good, of course we will trade in the right way according to the initial strategy.

[Marvelman]

... Never trade based on your emotions. Calculate carefully before investing.

I think the most important thing you can do as an investor is research and make sure you know what you are doing. If you don't know what you are investing in and how to invest, stay away. It's very important to understand and do your own research. Many people think they are following the fundamentals but in reality, they have a lack of knowledge and this can lead to emotional reactions instead of rational ones.

[seleme]

That is the problem, the more we become greedy the higher frequency of trading decisions we accept. Using reverse psychology works in trending markets, wait for the correction and buy while everyone else sells. Watch breakouts near support resistance lines and make correct decisions after analyzing sentimental ratio instead of trusting your emotions.

... Never trade based on your emotions. Calculate carefully before investing.

I think the most important thing you can do as an investor is research and make sure you know what you are doing. If you don't know what you are investing in and how to invest, stay away. It's very important to understand and do your own research. Many people think they are following the fundamentals but in reality, they have a lack of knowledge and this can lead to emotional reactions instead of rational ones.

Having a Ph.D. in trading or economy doesn't make a person a good trader, profitable trading is a completely different context than teaching someone else how to trade. Having emotions and using these emotions for trading is very dangerous, professional traders know how to control their mindset for not failing in trading decisions. That is why following other traders don't make a person a profitable trader.

[Issa56]

Seriously if you really want to trade with your emotions then you are ready to lose all your money, if you want to trade don't fall in love with any coin don't say because you like a particular coin then you will always trade it I believe if you are a trader you should always trade base on calculation and your a analysis and not your emotions.

[3la9l_kolbaCa]

It's difficult to calculate when a person who do the trading has no adequate knowledge on what he was doing.
Difficulties will always made him more undesirable, yet so panic when it comes to price fluctuations.
That's why it's so important to learn from a certain basic process up to the final steps in order for us to become skillful of everything in trading.
Without any of those particular things, I don't think we're going to conquer our emotions while in the midst of trading uncertainties.

[Rengga Jati]

-snip-

Exactly.
Some newbies may not pay attention to those simple things. What on their minds may be only doing trading and investing like others to be richer overnight (LOL).
But in fact, they don't even know what they are doing and in what cases they are. And only following people. This often happens to them, and finally, they regret and are disappointed with the results, whereas, that is their own mistakes.

..But the most difficult thing for me is to keep
my emotions under control and not to overdo it...

I think that this is a normal condition, everyone may be full of emotions, sometimes. But, experiences will teach us and will tell us what to do best.
The worst is when we cannot control it all over the time, without any learning from the previous lesson and experiences.
Feeling panic at a glance when the price is suddenly dropped may be normal, however, we must be able to control it next before it can destroy ourselves to be panic and panic again.

[dunfida]

It's difficult to calculate when a person who do the trading has no adequate knowledge on what he was doing.
Difficulties will always made him more undesirable, yet so panic when it comes to price fluctuations.
That's why it's so important to learn from a certain basic process up to the final steps in order for us to become skillful of everything in trading.
Without any of those particular things, I don't think we're going to conquer our emotions while in the midst of trading uncertainties.

Everyones starts on being a noob and its just normal that mistakes could really happen since we do still lack knowledge.Emotions would be there which is normal.

Due to lack of knowledge then you would really be ending up on confusion which would result into bad decisions and when you do gain experience and you had already

mold up yourself to be a better trader then you could able to handle your emotions well as you do go ahead.

[trannguyenbtc]

Emotional trading leads the trader on the wrong path and does not allow them to make profits. As a trader, if you want to be the master of trading, you have to avoid emotional trading. Sometimes, traders start emotional trading unconsciously. As a result, they fail to fulfill their dreams in the market.

[awik p]

It's difficult to calculate when a person who do the trading has no adequate knowledge on what he was doing.
Difficulties will always made him more undesirable, yet so panic when it comes to price fluctuations.
That's why it's so important to learn from a certain basic process up to the final steps in order for us to become skillful of everything in trading.
Without any of those particular things, I don't think we're going to conquer our emotions while in the midst of trading uncertainties.

Everyones starts on being a noob and its just normal that mistakes could really happen since we do still lack knowledge.Emotions would be there which is normal.

Due to lack of knowledge then you would really be ending up on confusion which would result into bad decisions and when you do gain experience and you had already

mold up yourself to be a better trader then you could able to handle your emotions well as you do go ahead.

we often hear this from the experience of other traders, and of course every trader after real trading will experience it too. after we have real experience then we should be able to learn from experience and erode emotions little by little until we finally become professional traders