Trading Emotions

[livingfree]

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

Reading the original post, it's true of what you've said.

It's not all about emotion in trading but an emotional deception and thinking that it's an actual thing of what OP has explained. It's a trick, a way to fool people as if there will be one that will bite the trap.

Yeah, there are a lot of transactions but that doesn't mean people would be falling for this trap and scam.

[Mpamaegbu]

Let me slightly overlook OP's antics and concentrate on the title of this thread. Yes, for me, trading emotion is the most important aspect of trading besides money management. This aspect of trading has kept many a trader from becoming profitable. Show me a trader who isn't emotionally disciplined and I will point to you one who isn't profitable. Giving that the market isn't a straight forward one, there are uncertainties in price movements which exist to shake off traders. Only those who are emotionally disciplined stick to their trading plan, no matter what. Know when to steer clear of the market if trade setups aren't clear. Don't force the market.

[rozak]

I don't even see the correlation of the OP's explanation with the topic title he created.
what kind of joke does the OP want to make to get a fool to fall into his trap?
very rude way to do a magic trick. even with his new account talking bullshit.

[doomloop]

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

Reading the original post, it's true of what you've said.

It's not all about emotion in trading but an emotional deception and thinking that it's an actual thing of what OP has explained. It's a trick, a way to fool people as if there will be one that will bite the trap.

Yeah, there are a lot of transactions but that doesn't mean people would be falling for this trap and scam.

I know that there is a good case to be made about the situation when emotions play a part, but it doesn't matter if it is emotional trading or emotions used to trap, it's all emotions. Just have some data that you look to, and trade based on that data, and no matter who says what, or what happens, just always keep on trading based on that data. That way you would never be convinced otherwise by just talking.

Of course, it doesn't mean that you will not make losses, but your losses will be based on data and not based on you getting fooled, and that way you could go back and check the data and see where you did wrong, that would help you out a lot.

[Vaculin]

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.

I guess no matter how skilled or professional you are in trading, trading with emotions is the hardest thing any trader can control. The fact that we're humans, then emotions will be inseparable from us. But the good thing is, we can limit ourselves from being emotional, because if we trade with less emotions, most likely we will end up with a successful trade. While others have succeeded in controlling or simply limiting their emotions, some have been trading with full of emotions and greed that they fail to make a profitable trade in the end.

[Silberman]

Let me slightly overlook OP's antics and concentrate on the title of this thread. Yes, for me, trading emotion is the most important aspect of trading besides money management. This aspect of trading has kept many a trader from becoming profitable. Show me a trader who isn't emotionally disciplined and I will point to you one who isn't profitable. Giving that the market isn't a straight forward one, there are uncertainties in price movements which exist to shake off traders. Only those who are emotionally disciplined stick to their trading plan, no matter what. Know when to steer clear of the market if trade setups aren't clear. Don't force the market.

I think the same, people concentrate on signals and which indicator to use and what settings are the best for their trading style, but the truth is that while all of that is important it is secondary to the mastery you have over your emotions and money management strategies, and this is because with mastery over your emotions you can avoid some of the biggest mistakes that traders can make, while a strong money management strategy will reduce the size of any mistakes you make allowing you to survive even the worst bear market.

[Falconer]

Let me slightly overlook OP's antics and concentrate on the title of this thread. Yes, for me, trading emotion is the most important aspect of trading besides money management. This aspect of trading has kept many a trader from becoming profitable. Show me a trader who isn't emotionally disciplined and I will point to you one who isn't profitable. Giving that the market isn't a straight forward one, there are uncertainties in price movements which exist to shake off traders. Only those who are emotionally disciplined stick to their trading plan, no matter what. Know when to steer clear of the market if trade setups aren't clear. Don't force the market.

I prefer to call it trading psychology than trading emotions. That sounds nicer than calling it specific.
A more complex trading psychology is an important thing that must be mastered by a trader. This includes emotions and self-control when market conditions are not what we expected. Sometimes the dilemma does not only exist when the market is in a dump, but when the pump can also make a trader hesitate to make a decision.

[niceli]

Yes, that's a more accurate definition. Psychology in trading occupies one of the key positions. Fear, greed is probably one of the most insidious emotions in trading. Fear is treated by lowering risks, and greed is treated by money management, when you set certain limits in your trading strategy that help you take profits strictly even in a growing market. After all, the market will definitely change direction, growth does not happen forever.

The understanding that market needs to go down in order to get back up is one of the most vital parts of becoming a good trader. Any investor would know that if you are investing in anything, there will be periods when it goes up, and there will be periods when it goes up. If you are looking for something that will only make you a profit and never go down, that thing doesn't exist and if anyone sells you an investment idea like that, know that they are a scammer. So I agree with you that market always changes and growth can't sustain forever and eventually it will always go down, but the going down will change and will always end up going up eventually too.

[milewilda]

I prefer to call it trading psychology than trading emotions. That sounds nicer than calling it specific.
A more complex trading psychology is an important thing that must be mastered by a trader. This includes emotions and self-control when market conditions are not what we expected. Sometimes the dilemma does not only exist when the market is in a dump, but when the pump can also make a trader hesitate to make a decision.

Yes, that's a more accurate definition. Psychology in trading occupies one of the key positions. Fear, greed is probably one of the most insidious emotions in trading. Fear is treated by lowering risks, and greed is treated by money management, when you set certain limits in your trading strategy that help you take profits strictly even in a growing market. After all, the market will definitely change direction, growth does not happen forever.

Everything should really be in control yet those factor's are the main ones that could really affect your trading on what angle it might be and this should really be in your main concern on how you would gonna handle up yourself into something like this.You are the ones who would able to discover that and that's attainable via real experience which is something that takes time and effort or simple takes several times of engagement before you do able to find out on how this market works and how you would react to it.

[Finestream]

Let me slightly overlook OP's antics and concentrate on the title of this thread. Yes, for me, trading emotion is the most important aspect of trading besides money management. This aspect of trading has kept many a trader from becoming profitable. Show me a trader who isn't emotionally disciplined and I will point to you one who isn't profitable. Giving that the market isn't a straight forward one, there are uncertainties in price movements which exist to shake off traders. Only those who are emotionally disciplined stick to their trading plan, no matter what. Know when to steer clear of the market if trade setups aren't clear. Don't force the market.

I guess it's easy to say to take control of our emotions and get rid of it, but in reality, its really hard to trade without emotions involved. Though there are really good traders who were good at it, but majority fail in trading because they  trade with the greed for money and driven with different emotions. The focus is lost, there is no good market analysis, and so the trades become hopeless and unsuccessful. That is why some shitf into investing and hodling rather than staying in trading.

[Mpamaegbu]

~snipped~

I guess it's easy to say to take control of our emotions and get rid of it, but in reality, its really hard to trade without emotions involved.

Yes, I know it's a difficult thing for a every trader to put their emotion in check while at it. That's why I even rated it above MM in my previous comment. However, control of emotion is an art and there are some who have mastered that art. Nothing is that difficult for anyone not to achieve once they've their mind set on it. Result may not happen immediately but with time and patience it surely will come. Remember that patience is a virtue in trading. It's the same way we cultivate emotional discipline with time. Professional traders don't trade on impulse, no matter what. They take their time; and taking that time is the emotional control.

[Silberman]

Let me slightly overlook OP's antics and concentrate on the title of this thread. Yes, for me, trading emotion is the most important aspect of trading besides money management. This aspect of trading has kept many a trader from becoming profitable. Show me a trader who isn't emotionally disciplined and I will point to you one who isn't profitable. Giving that the market isn't a straight forward one, there are uncertainties in price movements which exist to shake off traders. Only those who are emotionally disciplined stick to their trading plan, no matter what. Know when to steer clear of the market if trade setups aren't clear. Don't force the market.

I guess it's easy to say to take control of our emotions and get rid of it, but in reality, its really hard to trade without emotions involved. Though there are really good traders who were good at it, but majority fail in trading because they  trade with the greed for money and driven with different emotions. The focus is lost, there is no good market analysis, and so the trades become hopeless and unsuccessful. That is why some shitf into investing and hodling rather than staying in trading.

Without a doubt being in complete control of your emotions and to take the right decision under the most difficult circumstances is something extremely difficult to do, it is because of this that trading is so hard and it is not for everyone as you need  to perform at your very best just when you need it the most, this is similar to what happens in sports in which the one that has the best mentality is usually the one that wins as they can still perform at their best when everything is against them.

[LUCKMCFLY]

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.

You are absolutely right, sometimes emotions are the ones that are not really human, sometimes when it comes to trading I would like to have the coldness that a machine or even a robot can have, but to tell the truth it is quite complex to manage emotions and let go. of thinking that we can make things work the way we want because things work differently in trading, the only ones who make things work the way they want are the whales and because they have the money to make their moves. If we handled our emotions a little more, I think we would be very efficient.

[GigaBit]

I am not clear on your post. What do you mean by that? But as far as I understand if you think it's a lottery and send your assets to the specified address I think it is nothing but nonsense. If you want to bet, you can play betting on a trusted site. However, I am not in favor of losing your resources in this way.

[lixer]

I don't even see the correlation of the OP's explanation with the topic title he created.
what kind of joke does the OP want to make to get a fool to fall into his trap?
very rude way to do a magic trick. even with his new account talking bullshit.

It doesn't make sense apart from the fact that he subtly posted a crypto address and maybe some dumbs will send out donations to that address. These tricks used to work years back when crypto was new, the community was smaller and honest/true to their words.

It's quite hilarious to see so many comments on a thread that should have been reported and locked an hour after it was posted. When I first clicked the thread I felt like someone lost money because of emotional trading which is quite common in crypto but this is just some next level shit which is being trolled around now.

As hugeblack mentioned, there are scammers posting private keys publicly and wait for people to deposit some BNB or ETH and transfer it immediately.

[Lordhermes]

Obviously,trading comes with some set of emotions,because its your hard earned money you are using to trade,so there is no way you won't have the feelings that your money might just  get wasted in the process of trading.In other way,the risk involved in the trading is known as the emotions.
Moreover,in trading,one has to bare in mind that  two things are involved,it's either you loose,or you gain. But a lot of times,most person's are not able to control their emotions when they lose in trading.

[ningrum]

Obviously,trading comes with some set of emotions,because its your hard earned money you are using to trade,so there is no way you won't have the feelings that your money might just  get wasted in the process of trading.In other way,the risk involved in the trading is known as the emotions.
Moreover,in trading,one has to bare in mind that  two things are involved,it's either you loose,or you gain. But a lot of times,most person's are not able to control their emotions when they lose in trading.

That's the risk of trading because both gains and losses are all part of trading,
as long as these emotions can still be controlled I think it's something normal,
but if the emotion comes in excess of course it's wrong

[Desmong]

I don't even see the correlation of the OP's explanation with the topic title he created.
what kind of joke does the OP want to make to get a fool to fall into his trap?
very rude way to do a magic trick. even with his new account talking bullshit.

I think he is just a newbie and know nothing much about the forum rules and regulations. He may thinks he can come here and write some things that is more understandable to him without looking at what his audience thinks about such writeup. Looking at the topic "Trading Emotion" I don't really understand what he's trying to tell us about trading to do with emotions.

[Inspiron14]

I don't even see the correlation of the OP's explanation with the topic title he created.
what kind of joke does the OP want to make to get a fool to fall into his trap?
very rude way to do a magic trick. even with his new account talking bullshit.

I think he is just a newbie and know nothing much about the forum rules and regulations. He may thinks he can come here and write some things that is more understandable to him without looking at what his audience thinks about such writeup. Looking at the topic "Trading Emotion" I don't really understand what he's trying to tell us about trading to do with emotions.

Maybe what you say is true but when a newbie wants to write they should know the rules,
the existing rules are binding on everything and everyone should know about this, no exception for newbies

[sklopan]

For me, emotions are a very important aspect in the work of a trader. It should be understood that this greatly affects the results of the trader's work.