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Author Topic: Emotions should never be traded.  (Read 1350 times)
btc78
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November 04, 2021, 10:13:25 AM
 #201

beginners usually lack in emotional analysis, they are prone to FOMO and cause panic sell. even though if you are patient I think it will be easier to get the best position than to be stuck in FOMO and result in big losses in trading. in this case we must really learn about emotions and combine our thoughts for something better in the future
We will learn from our mistakes and this means it is normal to commit mistakes for a while and use that as tools to not fall into the same false decision again.
there are many option to make money in crypto and not only in trading , if you are emotional attached then never enter trading instead put your funds in other way like skill offering or even Holding from the smallest coin to the largest.
small amount each wont hurt us that big and the opportunity is also high.
diversifying is the best tools if you cannot  get deeply in trading so Emotional or not? there is a place for everyone here.

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November 04, 2021, 12:54:23 PM
 #202

Trading doesn't work on emotions I think, it is completely a different type of business in which keep calm is the only key to get into more profit, some traders just losses their money due to being so much desperate, which is a sign of loss in trading, getting into desperacy leads traders to impatience which results in loss during trading.
If you're talking about those who lost out of desperation, I don't think this is possible. In fact, if there is despair with market conditions that are being dumped on a large scale, we even choose to trade or hold because we no longer care about market conditions. But if it's based on emotion, we're in a hurry because our minds get out of control and make decisions very quickly, despite the downsides.

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November 04, 2021, 06:37:18 PM
 #203

You cannot trade in Forex Trading while you have lost a lot and your mind is not in the correct place.
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November 04, 2021, 08:20:19 PM
 #204

You cannot trade in Forex Trading while you have lost a lot and your mind is not in the correct place.
We arent talking forex trading on here but well crypto trading  is no different.They do only differ with volatility but in overall aspect on which
factors needing for  you to be sustainable on trading field is really just the same.It would only depend on how you do apply it on different markets.Emotions does really give out big impact in towards trading or investment because this would really result into mistakes
since you wouldnt know on what you are doing.

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November 04, 2021, 11:38:41 PM
 #205

Trading in the true sense is a place where you can never reap any benefits with your emotions. Your emotions can cause a lot of problems for any particular reason. When it comes to trading, you must be emotionless and experienced. Inexperienced people can lose a lot of time when trading.

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November 05, 2021, 01:32:41 AM
 #206

Before trading,one needs to know the things involved in it,one needs to be aware of the risks involved in trading, one needs to remove emotions from it,because certainly,if your mind is wholely on the trading,there is every tendency that you will be emotionally disturbed,so therefore,trading seems like a game,you just play and get your mind off it.
Invest and bare in mind that you might either win or loose.
And when you loose,you don't need to worry too much,just re-strategise,research again,and try again,you might just be lucky.

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Sayeds56
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November 05, 2021, 01:46:09 AM
 #207

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.

Impulsive or Emotional trading is worst thing in trading which eventually  causes huge losses. There are 3 thing very important to be successful trader.

1- Good skills to use Technical Indicators

2- Money management

3- Risk Management

When you take your long and short positions based on signals generated by Technical Indicators and following the basic Rules ( Size of trade & using stop loss)  of Money and Risk management , your most of trades end up in profit.



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November 05, 2021, 04:56:56 AM
 #208

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 thing mostly happened to new traders so it's wise to have some friends or experienced people to guide you to teach you especially about the strategy and your emotion. Many people will panic when the market bleed but if you experience enough to control your emotion it wont affect you since you have optimism in your mind. Do some research is very important before you begin trading to minimize your losses in the future.

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November 05, 2021, 10:43:52 AM
 #209

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.
I've lost a pretty good amount of money through buying high and selling low, but this happened when I was still very new to crypto trading and investing.
Aside being scammed or rugged and other stuffs beyond the investors control, this kind of trading is another great way to loose money, and this is why this topic is very important for those just getting into crypto trading and investing, it's good for them to be aware of this so as to avoid making such a mistake.


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November 05, 2021, 11:56:41 AM
Merited by tyz (3)
 #210

Trading in the true sense is a place where you can never reap any benefits with your emotions. Your emotions can cause a lot of problems for any particular reason. When it comes to trading, you must be emotionless and experienced. Inexperienced people can lose a lot of time when trading.

I agree with you, trading based on emotions usually comes from inexperience and only after some time and experience we learn to resist out emotions. Trading based on gut feelings might be going good in the beginning by eventually we will make the wrong decision. I remember when I first started trading that I had this feeling now would be the perfect time to buy, and once the price moved against me I still had the feeling of being right and should hold my position. In the end I just lost more money and if I had looked objectively at trade I would have probably sold earlier.
When it comes to trading there is no such thing as relying on our feelings, we need to do research and make a fundamental sound prediction without emotions. Because if we give in to our feelings we become dependent and could have problems long term. For example if we lose money we could become depressed and have trouble sleeping. Trading and emotions should be kept seperate for our own wellbeing.


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November 13, 2021, 06:40:28 PM
 #211

If you are unable to fulfil you profit objectives you should stop rushing and hold. Frustration and racing to achieve accomplishment can be a major hindrance to success. You may easily make money by regulating your emotions. Trading is risky, and there is no certainty of profit., so be calm. With the progression of time you will realize the rewards.


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November 13, 2021, 11:00:02 PM
 #212

the importance of controlling emotions when trading because it does have an impact on our own thinking. following emotions will only make our minds more chaotic and make us feel rushed to get what we want. Trading requires calm thought and also carefully in order that we are not wrong in selling or buying coins. if we continue to follow our own emotions, then we will not be able to trade in peace. when you fail, don't think too much about it, but get up and trade again with more caution.

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November 14, 2021, 05:31:21 PM
 #213

Trading is an art that should be free from all kinds of feelings and sentiments. Although complete control of feeling is not possible.
When due to some whale your trade goes under severe loss. This loss cannot be bearable but for a successful trader, it is essential to control his temperament and do what is better for the situation and show his patience. This very important element for a trader is that his mind should remain calm and peaceful in all situations of markets.

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November 14, 2021, 06:01:34 PM
 #214

Before comes to your planning,there's a times to realize not to hurry whatever you go through.To be successful noy easily to achieved,you need to know,what's door you enter and soon you must know  better what door you exit too,whatever happened you always ready ,either you lost or win ,and failed or unsuccess.Give time and not to be hurry whatever you planning so at the end,you will be earned and success.
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November 14, 2021, 06:48:27 PM
 #215

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.

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November 20, 2021, 11:37:32 PM
 #216

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.


I share your opinion and way of thinking, and although in some books by Jesse Livermore and Wyckoff they say that the market moves with the whales and most of it is also moved by people's emotions, and emotions are usually influenced by Those people who attract followers, including celebrities, can also move emotions through the news, many whales pay to generate news and make each news heard and see what they want for their benefit, in addition social networks are a powerful weapon to manipulate.


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November 21, 2021, 06:25:41 PM
 #217

You are saying right brother.  But sometimes I did not control my emotions when I trade in future market. Because it is a very risky market. And when your trade goes wrong. You are increasing your leverage it means that you are very near to your account liquidation.

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November 26, 2021, 04:34:39 AM
 #218

Our emotions is part of the traders behavior, this would depend only on how their gonna handle it when they do something in the actual trade. If they will implement this matter in a wrong way, of course surely their assets might have a high chance to be loss in the end. But if they're gonna use in a proper way of manner as an individual trader I can assure you as well in the end they could get a nice earnings for sure in the future.

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November 26, 2021, 06:47:52 AM
 #219

Our emotions is part of the traders behavior, this would depend only on how their gonna handle it when they do something in the actual trade. If they will implement this matter in a wrong way, of course surely their assets might have a high chance to be loss in the end. But if they're gonna use in a proper way of manner as an individual trader I can assure you as well in the end they could get a nice earnings for sure in the future.
That is why it is important to control emotions because when emotions are not controlled it will have a negative impact,
trading is not just about buying and selling,
analysis is also important in trading to make the right decision

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November 26, 2021, 10:35:17 AM
 #220

Any trader that trade with emotions in the market, it hard for such traders to miss their blessings opportunity in the market. Emotions is part of the strategies investors used not to give up in trading despite the loss or gaining they are experiencing in the community. Many professional traders always obey their emotion when in comes to trading because through the feeling they are receiving from the market can easily make them to know if to buy coins and hold for future for profit making or sell coins to be part of the lucky customers in the market.
Those traders that don't involve emotion in their trading, find it difficult to make a good income from their trading in the market. Even though the price is still showing some signs to the investors by the way they behavior in the community.

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