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Author Topic: Emotions should never be traded.  (Read 1653 times)
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September 19, 2021, 09:19:26 PM
 #161

This is the most common way for a new trader to lose money. This is especially the case for those who trade only on the basis of emotions without research. The price of any coin can drop at any time.
Many have been there and I also experienced that.

Trading with emotions, those emotions that are going to make you out of your mind and will result you to mistakes when you trade.

If the price drops, you should wait a while without selling the coin. Most coins regain their price.
But many lose their patience and just buy at the top and think very optimistic about continuous pump.

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September 19, 2021, 09:57:35 PM
 #162

This is the most common way for a new trader to lose money. This is especially the case for those who trade only on the basis of emotions without research.

It's almost impossible to trade without putting emotions, people may think that emotions are a problem, but if you don't have emotions the person becomes a robot, in certain cases fear makes us not get into situations where we could lose a lot of money. if used well, fear can be very useful.

The price of any coin can drop at any time. If the price drops, you should wait a while without selling the coin. Most coins regain their price.

almost all altcoins still haven't recovered from their ATH in relation to dollar and in relation to bitcoin, many people are still with a lot of losses


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September 19, 2021, 10:54:40 PM
 #163

Emotional is everyone's problem.  Even professional traders sometimes forget emotions.  must really maintain emotional stability in trading and maintain trading patterns correctly.  so that it can run well without a high risk of experiencing emotional losses.  for the market, this condition may have to be observed by looking at the conditions of the time, when to buy, sell and hold.  This can't be wrong
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September 19, 2021, 11:06:50 PM
 #164

Emotional is everyone's problem.  Even professional traders sometimes forget emotions.  must really maintain emotional stability in trading and maintain trading patterns correctly.  so that it can run well without a high risk of experiencing emotional losses.  for the market, this condition may have to be observed by looking at the conditions of the time, when to buy, sell and hold.  This can't be wrong
We can't rid of it as we are human beings but must have to control it otherwise, this could be the reason for our failure. This is really a big challenge for everyone but if you do this for a reason, I don't think it is really hard to change. We can do this for sure, nothing is impossible if we wanted to do so. But if you think NOT in the very beginning, that surely it never helps and better not to try trading as it certainly gives you a problem one day.

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September 19, 2021, 11:31:51 PM
 #165

Emotional is everyone's problem.  Even professional traders sometimes forget emotions.  must really maintain emotional stability in trading and maintain trading patterns correctly.  so that it can run well without a high risk of experiencing emotional losses.  for the market, this condition may have to be observed by looking at the conditions of the time, when to buy, sell and hold.  This can't be wrong
We can't rid of it as we are human beings but must have to control it otherwise, this could be the reason for our failure. This is really a big challenge for everyone but if you do this for a reason, I don't think it is really hard to change. We can do this for sure, nothing is impossible if we wanted to do so. But if you think NOT in the very beginning, that surely it never helps and better not to try trading as it certainly gives you a problem one day.
This is unavoidable because we are just humans and we do value that much our money which its understandable that whenever we do lost up money then reactions would be there.Even lets say that
we are already veterans or old traders but still we could really be affected on the times we do lost but somehow having experience could really give that advantage compared to those
who are just starting up.You should really be wise and be good to hold your emotions on different situations.

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September 20, 2021, 06:05:22 AM
 #166

Emotional is everyone's problem.  Even professional traders sometimes forget emotions.  must really maintain emotional stability in trading and maintain trading patterns correctly.  so that it can run well without a high risk of experiencing emotional losses.  for the market, this condition may have to be observed by looking at the conditions of the time, when to buy, sell and hold.  This can't be wrong
We can't rid of it as we are human beings but must have to control it otherwise, this could be the reason for our failure. This is really a big challenge for everyone but if you do this for a reason, I don't think it is really hard to change. We can do this for sure, nothing is impossible if we wanted to do so. But if you think NOT in the very beginning, that surely it never helps and better not to try trading as it certainly gives you a problem one day.
This is unavoidable because we are just humans and we do value that much our money which its understandable that whenever we do lost up money then reactions would be there.Even lets say that
we are already veterans or old traders but still we could really be affected on the times we do lost but somehow having experience could really give that advantage compared to those
who are just starting up.You should really be wise and be good to hold your emotions on different situations.
Emotions sometimes help us but in trading, that could be different.
Panic, worried, excited (rushing on the market), all of these things would lead us to losses. These are common to newbies, I can remember myself before but as we got some experience, we are also able to change it gradually until we are getting immune to such things. We do understand the situation but we don't let our emotions become the main reason why we suffer losses but instead use this to become stronger.



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September 20, 2021, 01:02:49 PM
 #167

Never trade based on your emotions.
Indeed Emotions can destroy all affairs, trades, investments, and other things, be it in the real world or the internet, emotions and trading must be kept away, if combined trading in the crypto market you can be destroyed.

Calculate carefully before investing.
that's for sure, calculations, thoroughness, analysis, monitoring are always the same, indeed investment can make someone successful if the calculation is right and vice versa.

Calculations don't only happen in investing in the crypto world, doing things in the real world, if you don't do the right calculations, everything falls apart.

R


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September 25, 2021, 08:57:55 AM
 #168

When I first learned to invest, I might be emotionally invested if I make a mistake. I can't control my emotions because I lost money in cryptocurrency. Later, I slowly learned from the failure, and I can make a good investment. There will be times when money is lost, but I can control my emotions well, and my patience has gradually improved.
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September 25, 2021, 03:32:16 PM
 #169

A better post for the beginners as well as for those who are old in trading, the emotions in trading destroy a person whole thinking and if he is dealing well even, when he comes through a loss, then i don't even think that the trader should leave his position after getting into loss. As a result he should have to follow new strategy in trading.

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September 25, 2021, 07:18:08 PM
 #170

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.
If this is the way of trading it will never produce good results and I believe it has absolutely no skills in trading. Buy and sell based on analysis with trading knowledge. Everyone jumps into crypto with the aim of profit for financial freedom, what is invested is money from hard work not free money. Mental stability, managing emotions well and knowledge in trading are important factors for getting into crypto.

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September 25, 2021, 07:24:55 PM
 #171

A better post for the beginners as well as for those who are old in trading, the emotions in trading destroy a person whole thinking and if he is dealing well even, when he comes through a loss, then i don't even think that the trader should leave his position after getting into loss. As a result he should have to follow new strategy in trading.

Yah. Emotion is an enemy of traders I would say. It would lead you to loss often. Beginners, we always get exited when we see our friends getting profits from one of the crypto coins from trading and decide to just invest on the same coin without analyzing it. Then when the value goes down, we panic and sell at loss. So emotion leads the one instead of knowledge guiding the one to act. Crypto market is volatile. Have patience. Learn indications and etc.

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kramchers
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September 26, 2021, 07:48:24 AM
 #172

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.

Buying altcoins in the market is one of the good way to earn here in the cryptocurrency. Whether it is shit or not it can still able to give us a profit depending on how we handle and how we understand the trading. So, even when the market falls if you are well verse about the crypto space you will remain the game of crypto trading as your own business for sure. Therefore, if you are emotional type of person I could tell that you are not suitable to stay here in the cryptocurrency.
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September 26, 2021, 09:17:47 AM
 #173

Many people lose money in trading because they are affected by market sentiment. When currency prices fall, novice traders will panic and make mistakes in selling, resulting in economic losses.

Trading must have a sufficient knowledge base, control emotions, analyze the market with a calm and clear mind, and find a suitable trading strategy that can make a profit.
lovemycar
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September 26, 2021, 09:27:08 AM
 #174

What a naive idea, once your trading is controlled by emotions, congratulations, you are getting closer and closer to bankruptcy. If you can't control your emotions, sorry, for your own safety, please leave the crypto world.
Fatunad
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September 26, 2021, 09:40:09 AM
 #175

What a naive idea, once your trading is controlled by emotions, congratulations, you are getting closer and closer to bankruptcy. If you can't control your emotions, sorry, for your own safety, please leave the crypto world.
But this is something that you cant control it directly specially when you are just starting but if you dont see any progress or changes then thats the time that you should consider on quitting but if you do see some
changes or progress when it comes to handling your emotion then this is something that shows that you are really improving.We cant really able to get it directly because we are just humans
and its normal that we would really be having these kind of reactions because we do value money much but once you do already have some good grasp on this market or this investment
then you wont really be seeing this as a major problem anymore.

R


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September 26, 2021, 11:51:38 AM
 #176

What a naive idea, once your trading is controlled by emotions, congratulations, you are getting closer and closer to bankruptcy. If you can't control your emotions, sorry, for your own safety, please leave the crypto world.
They'll learn to control that eventually.

It's always the first thing that gets them when they're new to the market. Their emotions will teach them how to survive this long on this truly volatile market.



.
.BIG WINNER!.
[15.00000000 BTC]


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rahmatullah9305
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September 26, 2021, 12:34:25 PM
 #177

That's why before trading, it's better to prepare mentally so that we don't get carried away by emotions. The ups and downs of the crypto market have caused a lot of people to mess up so they sell their assets at random. if it continues to happen when the crypto market is falling then it will certainly worsen the market price. keep control of our emotions and don't be provoked to get big results. play carefully and thoroughly so that we can get the profit as expected.
That's right, and in order to make a trade, it's very important to hold it long term. No matter how much the price drops, if the Altcoin we invest in is a Potential Altcoin, I am sure that in the future the price will recover. Anyone should have other money to meet their daily needs before deciding to invest.
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September 26, 2021, 02:20:56 PM
 #178

You people are aware of the fact that trading needs self-restraint. Without a capability of tolerance, one cannot get advantages from trading. Some people just buy and sell coins based on feelings and emotions. It is very risky. To be successful in crypto tradings, users must overcome their emotions. They should have gain knowledge for trading and should learn trading strategies.

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sarmrakib
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September 26, 2021, 02:25:03 PM
 #179

That's why before trading, it's better to prepare mentally so that we don't get carried away by emotions. The ups and downs of the crypto market have caused a lot of people to mess up so they sell their assets at random. if it continues to happen when the crypto market is falling then it will certainly worsen the market price. keep control of our emotions and don't be provoked to get big results. play carefully and thoroughly so that we can get the profit as expected.
That's right, and in order to make a trade, it's very important to hold it long term. No matter how much the price drops, if the Altcoin we invest in is a Potential Altcoin, I am sure that in the future the price will recover. Anyone should have other money to meet their daily needs before deciding to invest.
I think you guys might forget about the day-trading just were talking about long term .However in every types of trading which you are following you need to know control your emotion .It is the reason for loosing the fund mostly .You always need to trade accordingly your strategy and make level where actually really wanna exit .If you think more after entering your trade you may loose your trade .This is the emotion actually how it play with us .

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October 04, 2021, 10:52:21 AM
 #180

That's why before trading, it's better to prepare mentally so that we don't get carried away by emotions. The ups and downs of the crypto market have caused a lot of people to mess up so they sell their assets at random. if it continues to happen when the crypto market is falling then it will certainly worsen the market price. keep control of our emotions and don't be provoked to get big results. play carefully and thoroughly so that we can get the profit as expected.
That's right, and in order to make a trade, it's very important to hold it long term. No matter how much the price drops, if the Altcoin we invest in is a Potential Altcoin, I am sure that in the future the price will recover. Anyone should have other money to meet their daily needs before deciding to invest.
I think you guys might forget about the day-trading just were talking about long term .However in every types of trading which you are following you need to know control your emotion .It is the reason for loosing the fund mostly .You always need to trade accordingly your strategy and make level where actually really wanna exit .If you think more after entering your trade you may loose your trade .This is the emotion actually how it play with us .

I completely agree with you, no matter what trading style you choose, emotions will always play a certain role.
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