Sweetbtc
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August 17, 2021, 06:49:29 PM |
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Your are right and i lose many time at start. Whenever market rise and one coin pumped hard then people start to book profit which result dump in price 20%-50%. Everyone in crypto come here fir iwn profit so be safe in every trade.
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dunfida
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August 17, 2021, 07:55:26 PM |
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Your are right and i lose many time at start. Whenever market rise and one coin pumped hard then people start to book profit which result dump in price 20%-50%. Everyone in crypto come here fir iwn profit so be safe in every trade.
Losing is inevitable and this is why you should really be that persistent on how you do make yourself to be that handling out on the current situation.It would mainly affect your emotion which would really be the reason for you on making out rush decisions which would really be the cause of losses.Even though you could handle yourself well in terms of emotions but still wont really be that sufficient or enough that do guarantee profits because market is unpredictable but at least you could really able to handle up yourself in various situations.
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jossiel
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August 17, 2021, 08:33:28 PM |
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You are saying right that don't do trading with emotions. It is not so simple.
It isn't if you're new to it. But once you get used to the market, you're settling your emotion because you know how to control it and how it can make your trades win or lose. It's all about giving yourself the right mindset.
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lalabotax
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August 17, 2021, 11:10:26 PM |
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Once we are playing with our emotions, once we cannot control our emotions, it means that our life will not be better again, in everything we are concerning. Moreover if it si about trading. Trading is not only about emotions, but emotions will really give a big impact t the process and results of the investment or trading itself. Panic, carelessness, greedy, immediate, lack of knowledge may become the reason for people falling into trading. ANd once we can make emotion under control we can start trading easier and well enough.
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BuNga_cute
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August 18, 2021, 03:13:34 AM |
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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.
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. We must defend good emotions, because they can help us live a good life. Including when trading there is nothing wrong with having good emotions, But the problem is that most people always have bad emotions controlling them. That's why it's important to control our emotions. I agree we need ambition to be a successful trader, but there must be a limit. In order not to make us become a failed trader, in conclusion, as I said before, there is nothing wrong with us having emotions, because it is very human. The most important thing is not to let emotions make us make wrong decisions.
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Kimonoe
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August 18, 2021, 07:47:03 AM |
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You are saying right that don't do trading with emotions. It is not so simple.
It isn't if you're new to it. But once you get used to the market, you're settling your emotion because you know how to control it and how it can make your trades win or lose. It's all about giving yourself the right mindset. To get used to the market, we have to trade frequently and evaluate it. the more we practice, the more we will be able to control our emotions by ourselves, as long as we are willing to learn from the mistakes we have made, or learn from the experiences of others.
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Sled
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August 18, 2021, 08:02:34 AM |
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Once we are playing with our emotions, once we cannot control our emotions, it means that our life will not be better again, in everything we are concerning. Moreover if it si about trading. Trading is not only about emotions, but emotions will really give a big impact t the process and results of the investment or trading itself. Panic, carelessness, greedy, immediate, lack of knowledge may become the reason for people falling into trading. ANd once we can make emotion under control we can start trading easier and well enough.
Panic and greediness, these emotions are meant nothing good for us as a trader. We can enhance our knowledge so fast but controlling our emotions is really hard in real life. I can say that some are gifted enough to be good in trading as the majority are not. Even myself, I can't say that I was good at this already because sometimes I've dragged my emotions causing a wrong buy and sell decision. If I only have the tally of all my trades, it surely I lose a lot than in profit.
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sumant
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August 18, 2021, 08:04:31 AM |
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Trading is not hard as we experience. When you trade our emotions takes very bad positions but trading more always gives you much more experience and killed emotions. An emotional person can not trade with very frequently. Trading always not happens on paper it plays with our emotions, So after taking a trade forgot everything and give sometime to trade for a profitable journey. Dont trade with lots of emotions because it is a game of win or loss.
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sirminesalot
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August 18, 2021, 08:14:31 AM |
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Trading is not hard as we experience. When you trade our emotions takes very bad positions but trading more always gives you much more experience and killed emotions. An emotional person can not trade with very frequently. Trading always not happens on paper it plays with our emotions, So after taking a trade forgot everything and give sometime to trade for a profitable journey. Dont trade with lots of emotions because it is a game of win or loss.
Becoming a full time trader is quite hard moreover in the crypto market, sometimes even you're already experienced and already passing on thousands trades, the market could always to surprice you because the volatility of crypto market are so fast. Having a strong mentality is a must and can not involved emotion in every trade. It's okay to loss on some trades as long as we could manage our profits more at the end.
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CryptoYar
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August 18, 2021, 08:40:12 AM |
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~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.
Always stay in stable coin by booking profit as whales manipulating btc price and playing with retail investors. And only invest your extra money so that you can hold your coins for some time in case you are at a loss and sell them for profit.
Panic and greediness
Well said people get panic when they see a loss. And get greedy and take a wrong entry( buying at a high price)
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jossiel
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August 18, 2021, 04:33:06 PM |
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You are saying right that don't do trading with emotions. It is not so simple.
It isn't if you're new to it. But once you get used to the market, you're settling your emotion because you know how to control it and how it can make your trades win or lose. It's all about giving yourself the right mindset. To get used to the market, we have to trade frequently and evaluate it. the more we practice, the more we will be able to control our emotions by ourselves, as long as we are willing to learn from the mistakes we have made, or learn from the experiences of others. Yes it is. More practice and deal with your losses to learn what action you must do for your next trades. It will help you to mitigate the losses you've made and at the same time, you gain lesson.
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Alert31
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August 18, 2021, 05:58:09 PM |
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Don't forget always buy low sell high and don't try to reverse it unless you have a great strategy to still gain profit. Emotions is always present even in trading but learn to hold it and don't let your emotion ruin your trading strategy. Patience is an important ingredients in trading so that you can avoid to feel panic everytime market not goes well.
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SquallLeonhart
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August 18, 2021, 09:19:42 PM |
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Becoming a full time trader is quite hard moreover in the crypto market, sometimes even you're already experienced and already passing on thousands trades, the market could always to surprice you because the volatility of crypto market are so fast.
Having a strong mentality is a must and can not involved emotion in every trade. It's okay to loss on some trades as long as we could manage our profits more at the end.
Being a veteran doesn't equal to being in profit, many veterans I know ended up in a loss during the last 3 months, and many newbies I know made a lot of profit the bull run as well. It doesn't just depend on how good you are or how long have you been trading. Of course that is a part of it and I agree that it definitely plays a big role but that doesn't mean that it is the only thing. I am not going to lie, "most" veterans I know profit, and "most" brand new traders lose, that is the true part, I am just saying it is not 100% guaranteed loss for newbies and 100% guaranteed profit for veterans, not even in the long run. Some people are just bad at trading, and do not understand it, and no matter how many years, even if 7+ years, they keep trading and trading and trading, they may not end up with profit over long period, could profit in some trades but not profitable in the long run. You know how I know? I am that "veteran", been here for 7+ years and been trading and still if you look at my history it is not profiting overall.
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Cherylstar86
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August 19, 2021, 12:27:40 AM |
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Becoming a full time trader is quite hard moreover in the crypto market, sometimes even you're already experienced and already passing on thousands trades, the market could always to surprice you because the volatility of crypto market are so fast.
Having a strong mentality is a must and can not involved emotion in every trade. It's okay to loss on some trades as long as we could manage our profits more at the end.
Being a veteran doesn't equal to being in profit, many veterans I know ended up in a loss during the last 3 months, and many newbies I know made a lot of profit the bull run as well. It doesn't just depend on how good you are or how long have you been trading. Of course that is a part of it and I agree that it definitely plays a big role but that doesn't mean that it is the only thing. I am not going to lie, "most" veterans I know profit, and "most" brand new traders lose, that is the true part, I am just saying it is not 100% guaranteed loss for newbies and 100% guaranteed profit for veterans, not even in the long run. Some people are just bad at trading, and do not understand it, and no matter how many years, even if 7+ years, they keep trading and trading and trading, they may not end up with profit over long period, could profit in some trades but not profitable in the long run. You know how I know? I am that "veteran", been here for 7+ years and been trading and still if you look at my history it is not profiting overall. Indeed. Not all veterans gain as huge profit as what other people expected. It doesn't mean that they are already expert on this, they can already gain a huge money and never experience making mistakes. They also losses money because sometimes they use their emotions on trading especially when they feel fear when prices started on dropping or else on increasing. Losing money in trading and gaining is part of it. There's always risk but it is important to manage it. Some of those people experiencing this are those beginners and inexperience traders. They always let their emotions control them when they started trading. Even they have lot of experiences but still they make mistakes because of their emotions. In terms of doubt for the temporary trend in the market then let your guts decide. Don't just sell if you think you're in loss, and don't hesitate to sell if you know you can gain profit and most especially don't hesitate to buy when market is in loss before you regret it.
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wahyu wida
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August 19, 2021, 02:35:10 AM |
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Becoming a full time trader is quite hard moreover in the crypto market, sometimes even you're already experienced and already passing on thousands trades, the market could always to surprice you because the volatility of crypto market are so fast.
Having a strong mentality is a must and can not involved emotion in every trade. It's okay to loss on some trades as long as we could manage our profits more at the end.
Being a veteran doesn't equal to being in profit, many veterans I know ended up in a loss during the last 3 months, and many newbies I know made a lot of profit the bull run as well. It doesn't just depend on how good you are or how long have you been trading. Of course that is a part of it and I agree that it definitely plays a big role but that doesn't mean that it is the only thing. I am not going to lie, "most" veterans I know profit, and "most" brand new traders lose, that is the true part, I am just saying it is not 100% guaranteed loss for newbies and 100% guaranteed profit for veterans, not even in the long run. Some people are just bad at trading, and do not understand it, and no matter how many years, even if 7+ years, they keep trading and trading and trading, they may not end up with profit over long period, could profit in some trades but not profitable in the long run. You know how I know? I am that "veteran", been here for 7+ years and been trading and still if you look at my history it is not profiting overall. Indeed. Not all veterans gain as huge profit as what other people expected. It doesn't mean that they are already expert on this, they can already gain a huge money and never experience making mistakes. They also losses money because sometimes they use their emotions on trading especially when they feel fear when prices started on dropping or else on increasing. Losing money in trading and gaining is part of it. There's always risk but it is important to manage it. Some of those people experiencing this are those beginners and inexperience traders. They always let their emotions control them when they started trading. Even they have lot of experiences but still they make mistakes because of their emotions. In terms of doubt for the temporary trend in the market then let your guts decide. Don't just sell if you think you're in loss, and don't hesitate to sell if you know you can gain profit and most especially don't hesitate to buy when market is in loss before you regret it. a professional trader of course they also make mistakes in trading. in a sense, consistent profit in every transaction, may be rare for a trader, especially with typical scalping. therefore they must be able to control their emotions and be disciplined towards the strategy being implemented
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Victorycoin
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August 19, 2021, 03:35:25 AM |
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A lot of knowledge is required to be a trader in crypto market the former is in all of us. Who is more and who is less. Nothing should be done with emotion it is more loss than profit exactly this cannot be done with any kind of passion in the trade market you have to trade in the market with the right target and courage in this you will get success. But if you trade with passion you will lose so we can trade by controlling our emotions only then we can achieve success from the trade.
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Mikayla Buckley
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August 19, 2021, 06:29:30 AM |
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Marcel Proust once said: "The changes in the weather are enough to reshape the world and ourselves." If Proust goes one step further, he will say that "emotions" are enough to reshape the world and ourselves. After all, our emotions have a lot to do with the weather outside. Based on our experience as human beings, we are very clear that emotions can "reshape the world and ourselves" and affect our thoughts, judgments and perceptions. Emotions can make us make wrong judgments when investing. Being driven by emotions to trade is a disaster. When we have negative emotions, do not make any trading investments.
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gabbie2010
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August 19, 2021, 07:00:39 AM |
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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.
Buy at dip might sound strange to a newbie thus one of the prerequisites for a newbie in cryptocurrencies market is to learn, research and seek all the necessary information with regards to market, e.g buying at dip and selling at high, learning how to avoid buying at peak, even after buying when the market suddenly dropped after rising the need to hodl and avoid panic selling is also important, also taking profits appropriately without being greedy is also important due to the high volatility prices of cryptocurrencies, these are the basic understandings that are very crucial towards becoming successful in cryptos.
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jaberwock
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August 19, 2021, 02:50:50 PM |
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Don't forget always buy low sell high and don't try to reverse it unless you have a great strategy to still gain profit. Emotions is always present even in trading but learn to hold it and don't let your emotion ruin your trading strategy. Patience is an important ingredients in trading so that you can avoid to feel panic everytime market not goes well.
Everyone wants to buy cheap and sell high but it is not always possible. I agree one should be patient and ensure he tries to end every trade in profit but that shouldn't mean one ends up losing everything. This also brings the focus back to stop-loss and how important it can be. You shouldn't be emotional to sell the coins cheap but you shouldn't be emotional to catch a falling knife either. One who studies data and trades for a reason will never have too many worries about being emotional. Would you be too worried if you own some Tesla shares? No, and that's because subconsciously you know the price will do well overall. Similarly, when you trade in crypto with a solid reason, emotions won't affect you too much.
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Handpari
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August 19, 2021, 06:11:24 PM |
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Now market is so volatile and I would wait until 3rd Friday of the month for futures expiration. Markets usually drop. Buying right now prices are too high.
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