Trading Emotions

[Luzin]

I don't know why people think that  trading is a quick rich scheme. I know many of my friends who want to do cryptocurrencies trading because they think that it will make them rich without much efforts. This is a totally wrong perception which make people lose money.  If anyone do trading with these emotions to get rich overnight, they will eventually lose their capital.

Training emotions is learning the hardest. Even with the current market conditions, too many token coins exist. If you don't master it, you will make a lot of mistakes. Many new people are in crypto because they want to be like that. But they don't understand if crypto needs mastery of techniques to be successful. People who can get rich in one night maybe they are just lucky, and luck will not happen again and again. If you are lucky and do not master the emotions may eventually your funds will soon run out.

[ethereumhunter]

I would say that emotions during work are an extremely difficult detail. Do not forget that under the influence of emotions, you can make not the right decisions.

Depends on the emotion I believe, but if its more about greediness without having any analysis then that is the one to lead you on a bigger losses. If you do have plans and strategies better to stick with it always and don't follow your emotion that much because it can bring bad luck to you which is bad at all. Trading with negative emotions are next to your bigger losses, that's risky and you should not do that if you want to save your money and have profit.

I don't know why people think that  trading is a quick rich scheme. I know many of my friends who want to do cryptocurrencies trading because they think that it will make them rich without much efforts. This is a totally wrong perception which make people lose money.  If anyone do trading with these emotions to get rich overnight, they will eventually lose their capital.

It's normal if people think like that because they see advertisements on social media saying that they can get a lot of profit from trading. It triggers them to try to follow these people but the mistake is that they haven't studied deeply about trading and don't have good self-control yet. That is why when you trade, you must prepare to adapt to any situation. Many traders forget to control their emotions so they fail to profit from trading.

[sklopan]

Very often, it is under the influence of emotions that a trader can do not the right things. You should immediately understand that the worst emotion in this case is excitement, and this is what you should pay attention to.

[Quidat]

Very often, it is under the influence of emotions that a trader can do not the right things. You should immediately understand that the worst emotion in this case is excitement, and this is what you should pay attention to.

Should pay attention to and do really make yourself that making adjustments basing on what you are currently experience on.This is something a very common type of
problem on which you would really be having that uneasy or doubtful feeling whenever you do make out some buy or sell decisions which its really be that hard
on dealing with trading since emotions is one of the most common enemy that you should need to get rid or at least do have some good control.

[Silberman]

I would say that emotions during work are an extremely difficult detail. Do not forget that under the influence of emotions, you can make not the right decisions.

Depends on the emotion I believe, but if its more about greediness without having any analysis then that is the one to lead you on a bigger losses. If you do have plans and strategies better to stick with it always and don't follow your emotion that much because it can bring bad luck to you which is bad at all. Trading with negative emotions are next to your bigger losses, that's risky and you should not do that if you want to save your money and have profit.

I don't know why people think that  trading is a quick rich scheme. I know many of my friends who want to do cryptocurrencies trading because they think that it will make them rich without much efforts. This is a totally wrong perception which make people lose money.  If anyone do trading with these emotions to get rich overnight, they will eventually lose their capital.

While they are partially at fault for their mistaken beliefs at the same time it is difficult for them to not believe something like that when most of the ads that you can see on the internet that promote different trading platforms are always talking about all the money that you can make while you trade in a short amount of time, only those that take the time to read about the markets and understand them realize the truth that this is not the case and as such they adjust their expectations accordingly.

[KingsDen]

I don't know why people think that  trading is a quick rich scheme. I know many of my friends who want to do cryptocurrencies trading because they think that it will make them rich without much efforts. This is a totally wrong perception which make people lose money.  If anyone do trading with these emotions to get rich overnight, they will eventually lose their capital.

Training emotions is learning the hardest. Even with the current market conditions, too many token coins exist. If you don't master it, you will make a lot of mistakes. Many new people are in crypto because they want to be like that. But they don't understand if crypto needs mastery of techniques to be successful. People who can get rich in one night maybe they are just lucky, and luck will not happen again and again. If you are lucky and do not master the emotions may eventually your funds will soon run out.

I am not surprised that the discussion so far has deviated from the original purpose of the thread. Op I should say intentionally gave a different title but discussion purely a different thing in the body. While the title said "Trading Emotions".The body is describing what I don't really understand,  something looking like a crowd funding and spinning to have a winner. Not really work it because it looks like something that could actually be a scam. And besides the idea didn't come from an established member.
So, it is rather good that you guys have changed the thread discussion to fit Op title even if it's not what Op intended 

[jossiel]

Many have been caught odf guard because they cannot take it anymore so, be still and remain at right thinking as you watch the market.

Emotions remain a very manipulating factor for traders. It is capable to shift your desire and wishes and take you to act in a way that can make you lucky or unlucky. For trading there is a relationship between emotion and luck because if it gets you to act contrary to your plans it can make you lucky in winning the trade or unlucky in losing the trade. We therefore should try to control our emotion from directing us against our plans but if our emotion and plan work together then there is high chance of greater success.

Controlling your emotion, easy to talk about it but when you are there and there is something that triggers you, you will hard time dealing with it.

Just be watchful to the market and yourself because you might not have noticed that you have been emotional and too greedy.

[GeorgeJohn]

Very often, it is under the influence of emotions that a trader can do not the right things. You should immediately understand that the worst emotion in this case is excitement, and this is what you should pay attention to.

When you made mention of excitement, it's uncontrollable if peradventure you involve into a significant profit, and it's very obvious that nothing can stop your jubilation not to come in surface angles, really focus is the primary objective and assignment of trading emotions from my perspective, because when you don't control your emotions over the market, i think it might enroll you into the negative side of cryptocurrency trading. I don't know for you, but it's personal opinion.

[Mahanton]

Very often, it is under the influence of emotions that a trader can do not the right things. You should immediately understand that the worst emotion in this case is excitement, and this is what you should pay attention to.

When you made mention of excitement, it's uncontrollable if peradventure you involve into a significant profit, and it's very obvious that nothing can stop your jubilation not to come in surface angles, really focus is the primary objective and assignment of trading emotions from my perspective, because when you don't control your emotions over the market, i think it might enroll you into the negative side of cryptocurrency trading. I don't know for you, but it's personal opinion.

You would only realize things when its already too late or the outcome has been done which it would really make out some realizations which would really be that crucial on making yourself way more better in terms
of investment or in trading.This isnt something simple that could be acquired but with real experience and engagement then you would really able to identify it out on next engagement or encounter.
Emotions is one of the most hardest thing to be controlled off but once you do have took a good grasps then you would able to control it on upcoming trades to come.

[bdSaleh]

It is important to understand that emotions often lead to negative outcomes. Unfortunately, traders often miss this aspect and let the excitement take a lot.

I agree, However Success is never possible in the world of trading with passion, There is so much to know about trading, Newcomers will never go trading emotionally. Good luck to everyone.

[Silberman]

Controlling your emotion, easy to talk about it but when you are there and there is something that triggers you, you will hard time dealing with it.

Just be watchful to the market and yourself because you might not have noticed that you have been emotional and too greedy.

Being self-aware is a skill and it is one that it is really difficult to master, it is easy to take a look at ourselves and think that we are way better than we are, so many people have the mistaken idea that they can control their emotions but in fact they cannot do so, and this can be a huge weakness when we trade, because trading at its core is an exercise at decision making under pressure, those that can take the pressure and take the best decision possible win while those that cannot do so lose.

[Quidat]

It is important to understand that emotions often lead to negative outcomes. Unfortunately, traders often miss this aspect and let the excitement take a lot.

I agree, However Success is never possible in the world of trading with passion, There is so much to know about trading, Newcomers will never go trading emotionally. Good luck to everyone.

Achieving success on trading is something that cant really be able to handle out easily when you arent really having that experience which is really that needed because you couldnt
able to control yourself nor properly apply your analysis if you arent really that mindful nor dedicative towards your trading analysis and perseverance on making profits.
We are just humans and emotions is really  that being part and there are times or situations which cant really be avoided but with due proper experience and skills
then you could really able to handle it out.

[Othoy50]

Very often, it is under the influence of emotions that a trader can do not the right things. You should immediately understand that the worst emotion in this case is excitement, and this is what you should pay attention to.

You should never rush to trade on a trading site, it will be more of a loss than a profit, you can never work with excitement on a trading site, you have to work with good thinking.

[Shopnil10]

You can do both long time trading of short time trading if you want but if you want to do long-time trading you have to decide in the top five coin or token which you will do your long time trading which you are less likely to lose. Short time trading can get you some new or old tokens, but you can benefit from it, but you should never trade with excitement, and You analyze the market.  Thanks

[sklopan]

Emotions for a trader is a very important aspect, which often causes quite a few problems. It should be understood that in order to obtain more positive results of work, this should be paid attention to.

[Lanatsa]

Emotions for a trader is a very important aspect, which often causes quite a few problems. It should be understood that in order to obtain more positive results of work, this should be paid attention to.

Good emotion control would really be giving out those kind of advantages since most of the time where being emotional could really give out negative effects on your career specially on trading.

This would create some impulsive kind of decision which is already out of your analysis or something that you cant able to do so on what you had planned earlier.

There are some cases where alteration of plans or sudden changes is there but would really be on various circumstances.

[nur rochid]

actually emotions are related to self-control so that it does not cause greed or rush to enter the market even though it has not entered our area of analysis. therefore the importance of managing emotions for a trader is very useful, because no matter how good the analysis we have, if we can't hold back emotions, it will be useless. Therefore, there are many books that teach psychology management, before entering into the discussion of analysis

[junmisakiro]

I think for now no one believes in stupid things like that.
Tricks like this have been done several times and only very stupid people will fall for it.
what he said was not trading emotion but it was emotional deception, i really laugh for people like this.lol

[Silberman]

It is important to understand that emotions often lead to negative outcomes. Unfortunately, traders often miss this aspect and let the excitement take a lot.

I agree, However Success is never possible in the world of trading with passion, There is so much to know about trading, Newcomers will never go trading emotionally. Good luck to everyone.

Achieving success on trading is something that cant really be able to handle out easily when you arent really having that experience which is really that needed because you couldnt
able to control yourself nor properly apply your analysis if you arent really that mindful nor dedicative towards your trading analysis and perseverance on making profits.
We are just humans and emotions is really  that being part and there are times or situations which cant really be avoided but with due proper experience and skills
then you could really able to handle it out.

This is very common, to begin with the rate of success of traders is incredibly low, however the few that are able to become successful make all kind of mistakes during their journey as well, for example it is very common to see traders ask themselves questions like when lambo? And other useless questions like that, meaning that even if they are successful they will waste their money in expensive stuff they do not even need just for the sake of it, instead of saving that money for a rainy day and to increase their future profits.

[GeorgeJohn]

I think for now no one believes in stupid things like that.
Tricks like this have been done several times and only very stupid people will fall for it.
what he said was not trading emotion but it was emotional deception, i really laugh for people like this.lol

You said it because you have encountered it previously or i may say you are knowledgeable to understand it through what someone told you or you have come across to it before, as i stated from the beginning of my comment... It's obvious that a scam will trapped you with what you have in mind, especially in the cryptocurrency sphere not. Another thing is that a beginner in cryptocurrency is able to fall victim. That is the reason i said that may the end of your knowledge into something might be the beginning of another person's knowledge. And it's the same vain i notice that if you are not informed you are totally deformed.