milewilda
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May 26, 2023, 09:07:33 PM |
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When trading on the losing side, it might be difficult for a trader to keep his emotions under control. He will be impatient to make a profit, if not immediately, which will cause him to make a poor decision in his trading analysis.
When a trader is going through something like that, he should try to take some time off from trading before starting up again. Perhaps when he is ready to start trading again, he will do it with new perspectives and a new sense of purpose.
Once you do lose money or a certain trade then it would really just that normal that you would lose your cool since we're just human beings on which it is really that a normal reaction since we don't really like to lose money in the first place.Therefore, you would really be needing that kind of sell control and discipline towards your emotions on which it would really be that crucial on this time, considering that each person does have its own level of tolerance when it comes to impulsive reactions and could able to overcome this kind of stress and anxiety which would cause up that possible generation of bad decisions and you wouldn't really be that thinking clearly because your emotion has been shattered or being really that triggered. Learning would really come from experience thats why we could really say that it would really be inevitably be part of the learning process because losses is something that inevitable. Important thing on here is that you do make yourself that been mold up on the time that you do make trades along the way.It is really just a matter on how you would really be making yourself be versatile and making out some adjustments basing up on what you are currently dealing with.
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Bushdark
Sr. Member
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May 26, 2023, 09:27:58 PM |
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Emotion in trading is what many traders had been battling with ans till now some persons have not till gain a better way to fight against it. Trading without emotion is what we need to try to make sure we can do not trading with fear of losing our fund which shows that we can nit really learn one of the most important thing we need to understand about trading.
Trading should be more of growing personal skills with attempt of creating our own strategy to we can profits from the market using our own technicals to enter and leave the market. There are some traders too that had not benefit much from the market that are facing this problem too.
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xSkylarx
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May 27, 2023, 10:37:10 AM |
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The most difficult thing when we are trading is controlling our emotions, as we know that very high price fluctuations make us easily emotional, but what happens when we are emotional is that we usually lose, it is better to focus on the goal, namely profit, if we trade on spot exchanges then this the best is after buying then adding a profit target then placing it in a sell position.
that is really a must having target profit and stop loss because we don't know what will happen to the market , like if we dont put stop loss for sure if the price of the coin that we are trading to drops then for sure our accounts would be burn as we dont put stop loss on it , also we get greedy if we dont put target profit on it, this is really the probe of new traders not putting target profit as the want to get more profit but because we are too greedy the market reverses and we again lose.
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doomloop
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May 28, 2023, 06:53:20 PM |
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When trading on the losing side, it might be difficult for a trader to keep his emotions under control. He will be impatient to make a profit, if not immediately, which will cause him to make a poor decision in his trading analysis.
When a trader is going through something like that, he should try to take some time off from trading before starting up again. Perhaps when he is ready to start trading again, he will do it with new perspectives and a new sense of purpose.
It is not easy to take a break when you have just incurred a loss or one of your trades is going into loss, even if you try to put your mind towards something else, this will still keep tickling in your mind that your money is at risk. Newbies can barely keep themselves away in such situations, and even those with control over their emotions will have a hard time. I believe it is better to simply have a stop-loss set as soon as you place a trade so that your assets don't lose too much value that can be a concern for you and makes you restless even if you are not connected with the market at that time.
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Smitty Werben Man Jensen
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COMBONetwork
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May 29, 2023, 06:22:33 PM |
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The most difficult thing when we are trading is controlling our emotions, as we know that very high price fluctuations make us easily emotional, but what happens when we are emotional is that we usually lose, it is better to focus on the goal, namely profit, if we trade on spot exchanges then this the best is after buying then adding a profit target then placing it in a sell position.
usually people who are easily emotional and not wise in trading don't have the ability to analyze technically, and just follow Fomo to buy it, that's why many people who are emotional in trading always big lose, so what we have to do in trading is don't be greedy, if you have profit just withdraw from your account.
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Oilacris
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May 29, 2023, 07:59:26 PM |
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The most difficult thing when we are trading is controlling our emotions, as we know that very high price fluctuations make us easily emotional, but what happens when we are emotional is that we usually lose, it is better to focus on the goal, namely profit, if we trade on spot exchanges then this the best is after buying then adding a profit target then placing it in a sell position.
usually people who are easily emotional and not wise in trading don't have the ability to analyze technically, and just follow Fomo to buy it, that's why many people who are emotional in trading always big lose, so what we have to do in trading is don't be greedy, if you have profit just withdraw from your account. It would be understandable if you are a complete noob which we know that there would really be still that chance on molding yourself to be a better trader/investor. We know that it is really just normal to have this kind of situation specially when we are just starting up.Due to lack of knowledge and experience then it would really be normal on having this kind of approach on which it would really be that normal that there's really that adjustment period.Emotion and other aspects would really be normally be kicking in and since you are a noob then you would really be having these kind of mistakes. Just like on what most people been saying on here that once you do gain up that experience then you would be able to find out that you are gradually improving when it comes on your current dealings. Its impossible that you wouldnt really be that making that learning along the way on the time that you are dealing with this market.
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bettercrypto
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May 29, 2023, 11:16:49 PM |
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Controlling our emotions while we are doing trading activity can be used right and wrong. But usually when we lose money or the value of the coins we bought falls, others immediately panic because they have invested a lot in it.
And when that happens, our emotions immediately become uncontrollable. And it is the negative application of our emotions that controls us which can lead to more losses in trading because we are no longer able to think correctly when it comes to buying or selling in crypto trading which is not correct instead we supposed to be calm to think normally about the best solution for it.
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anggoro manise
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May 30, 2023, 07:31:58 AM |
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Controlling our emotions while we are doing trading activity can be used right and wrong. But usually when we lose money or the value of the coins we bought falls, others immediately panic because they have invested a lot in it.
And when that happens, our emotions immediately become uncontrollable. And it is the negative application of our emotions that controls us which can lead to more losses in trading because we are no longer able to think correctly when it comes to buying or selling in crypto trading which is not correct instead we supposed to be calm to think normally about the best solution for it.
Yes, it is. even if you see the market moving fast, then our emotional level will increase and we can make wrong decisions, because we will think about big profits or big losses. what I regret during trading is that I invested in a coin with no clear direction, and put a lot of capital in it, in just a few hours the price changes very fast, like a honeypot.
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laurenB7742
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May 30, 2023, 10:52:16 AM |
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Controlling our emotions while we are doing trading activity can be used right and wrong. But usually when we lose money or the value of the coins we bought falls, others immediately panic because they have invested a lot in it.
And when that happens, our emotions immediately become uncontrollable. And it is the negative application of our emotions that controls us which can lead to more losses in trading because we are no longer able to think correctly when it comes to buying or selling in crypto trading which is not correct instead we supposed to be calm to think normally about the best solution for it.
Most people know that controlling emotions will be the factor that helps them increase their winning rate in trading as well as limit their losses. It is easy to say and sounds simple, but I believe that when anyone falls into a losing situation, they lose control of their emotions and behavior even though they have made the best preparations right from the start. That is also why trading is not for everyone, and not everyone with the knowledge, experience or skills will always guarantee profits.
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Fredomago
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May 30, 2023, 12:45:55 PM |
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Controlling our emotions while we are doing trading activity can be used right and wrong. But usually when we lose money or the value of the coins we bought falls, others immediately panic because they have invested a lot in it.
And when that happens, our emotions immediately become uncontrollable. And it is the negative application of our emotions that controls us which can lead to more losses in trading because we are no longer able to think correctly when it comes to buying or selling in crypto trading which is not correct instead we supposed to be calm to think normally about the best solution for it.
Most people know that controlling emotions will be the factor that helps them increase their winning rate in trading as well as limit their losses. It is easy to say and sounds simple, but I believe that when anyone falls into a losing situation, they lose control of their emotions and behavior even though they have made the best preparations right from the start. That is also why trading is not for everyone, and not everyone with the knowledge, experience or skills will always guarantee profits. No doubt, it's easy to say than do, a lot of newcomers losses a huge chunk of their initial investment because of forgetting one factor, having a good patience when you already place your position, trading is not as easy as it is, the market movement especially inside crypto do have heavy volatility, you need to increase your knowledge in every single time that you make your participation with the trade. All are relying on how you control your emotions and how you deal with your understanding, a good venue to earn but also a venue where you can quickly lose your money.
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omgitsmehehe
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May 30, 2023, 01:56:42 PM |
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Controlling our emotions while we are doing trading activity can be used right and wrong. But usually when we lose money or the value of the coins we bought falls, others immediately panic because they have invested a lot in it.
And when that happens, our emotions immediately become uncontrollable. And it is the negative application of our emotions that controls us which can lead to more losses in trading because we are no longer able to think correctly when it comes to buying or selling in crypto trading which is not correct instead we supposed to be calm to think normally about the best solution for it.
Solutions are the ways to reduce our risks, not panick. The market is up and down, we would have get use to, because it's a normal thing that happen right from time. Trading with emotions have 90% of ending in loss, we are humans and we cannot possibly eliminate emotions, it's always there, we learned to controlled it rather than look for ways to remove it. Establishing a balance emotion during trades do save us from alot of risks, profits is our targets and we worked or proceed in strategies that earned us that.
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dunfida
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May 30, 2023, 10:26:23 PM |
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Controlling our emotions while we are doing trading activity can be used right and wrong. But usually when we lose money or the value of the coins we bought falls, others immediately panic because they have invested a lot in it.
And when that happens, our emotions immediately become uncontrollable. And it is the negative application of our emotions that controls us which can lead to more losses in trading because we are no longer able to think correctly when it comes to buying or selling in crypto trading which is not correct instead we supposed to be calm to think normally about the best solution for it.
Solutions are the ways to reduce our risks, not panick. The market is up and down, we would have get use to, because it's a normal thing that happen right from time. Trading with emotions have 90% of ending in loss, we are humans and we cannot possibly eliminate emotions, it's always there, we learned to controlled it rather than look for ways to remove it. Establishing a balance emotion during trades do save us from alot of risks, profits is our targets and we worked or proceed in strategies that earned us that. We are just humans on which panic and impulsive emotions would really be just that common on the time that you would be seeing your portfolio is going down which it is really that a common approach.The only difference on here is that you do really be able to make out some methods or ways on how to handle up the situation on the time that you do have the experience.You could really be able to differentiate in between experience and newbie traders or investors basing up on the action that they are making or the ways that they are lessening up the risks. Just like on what others been saying that being emotional is really that normal and this is where experience would kick in on which it would really be that causing for you to mind off about on how to deal up with it. If you are a beginner then it would be normal that you would be missing out those critical points on what are the back up plans but once you are aware on how this market behaves or works then you do have the idea on handling yourself on such condition or situation on which it would really be an advantageous thing.
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Rigon
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May 30, 2023, 10:58:55 PM |
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I guess for someone to call him or her self a trader you need to control your emotions right, now after having that emotion in control and other basic things a trader should know you have all under control and still loss more then getting profit.
*What else is required for such a person to control,is it still his or her emotions or what next?
*And what will be your advice to a person in that position or state and what kind of trader are you going to call such a person?
You can achieve success in trading if you can basically control your emotions and greed in trading. Here you said what should a person do if he keeps losing in that trade even after controlling his emotions on the trading platform? I would say that the person should invest for a short period of time just like trading without trading. If there is a profit after investing for a short time, sell it. Then he has to wait again when the market goes down and from there he has to invest again like trading and when the market goes up he has to sell again. If that person adopts this method, he will get success in short time investment like business.
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laurenB7742
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May 31, 2023, 01:37:51 AM |
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Controlling our emotions while we are doing trading activity can be used right and wrong. But usually when we lose money or the value of the coins we bought falls, others immediately panic because they have invested a lot in it.
And when that happens, our emotions immediately become uncontrollable. And it is the negative application of our emotions that controls us which can lead to more losses in trading because we are no longer able to think correctly when it comes to buying or selling in crypto trading which is not correct instead we supposed to be calm to think normally about the best solution for it.
Most people know that controlling emotions will be the factor that helps them increase their winning rate in trading as well as limit their losses. It is easy to say and sounds simple, but I believe that when anyone falls into a losing situation, they lose control of their emotions and behavior even though they have made the best preparations right from the start. That is also why trading is not for everyone, and not everyone with the knowledge, experience or skills will always guarantee profits. No doubt, it's easy to say than do, a lot of newcomers losses a huge chunk of their initial investment because of forgetting one factor, having a good patience when you already place your position, trading is not as easy as it is, the market movement especially inside crypto do have heavy volatility, you need to increase your knowledge in every single time that you make your participation with the trade. All are relying on how you control your emotions and how you deal with your understanding, a good venue to earn but also a venue where you can quickly lose your money. I don't think only newbies make this mistake, but even seasoned market participants and professionals will find it difficult to control their emotions. It can be said that emotions are the most difficult thing to control, difficult to control it according to the plan that we have set. Whether our plans or strategies succeed is almost entirely determined by our emotions. For me, emotions are the most important thing in investing and trade because if left unchecked, it will lead to wrong actions.
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terencio
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June 01, 2023, 05:09:52 PM |
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Trading is not only about emotions, but also about skills, strategies and knowledge. Sometimes, even the best traders can lose money due to market fluctuations, unexpected events or bad luck. If you are losing more than gaining profit, you may need to reevaluate your trading plan, learn from your mistakes and seek advice from experts.
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Legendary
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June 01, 2023, 05:35:36 PM |
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I don't think only newbies make this mistake, but even seasoned market participants and professionals will find it difficult to control their emotions. It can be said that emotions are the most difficult thing to control, difficult to control it according to the plan that we have set. Whether our plans or strategies succeed is almost entirely determined by our emotions. For me, emotions are the most important thing in investing and trade because if left unchecked, it will lead to wrong actions. Controlling emotions in trading is not as easy as it seems, even though they say it is. The failure of a trader to control their emotions will only make it difficult for them to make the best decisions when trading, it will also make them tend to lose because they are too hasty in making decisions. It is true that traders should also be quite able to control their emotions when they realize that crypto trading is a very risky trade. The slightest mistake that is ignored will allow them to get a loss which they later regret. Emotional control is important, it is also included in the trading psychology chapter.
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Oilacris
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June 01, 2023, 08:15:52 PM |
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I don't think only newbies make this mistake, but even seasoned market participants and professionals will find it difficult to control their emotions. It can be said that emotions are the most difficult thing to control, difficult to control it according to the plan that we have set. Whether our plans or strategies succeed is almost entirely determined by our emotions. For me, emotions are the most important thing in investing and trade because if left unchecked, it will lead to wrong actions. Controlling emotions in trading is not as easy as it seems, even though they say it is. The failure of a trader to control their emotions will only make it difficult for them to make the best decisions when trading, it will also make them tend to lose because they are too hasty in making decisions. It is true that traders should also be quite able to control their emotions when they realize that crypto trading is a very risky trade. The slightest mistake that is ignored will allow them to get a loss which they later regret. Emotional control is important, it is also included in the trading psychology chapter. Its never been easy and we all surely have experience this stuff on which our emotions are the main things which would really play out on the time that we are dealing on something which we dont even know or we are really that fully aware on what it is.Even though you do have that theory or good on paper or learning those stuffs but on actual situation then it wouldnt really be that simple. Emotion would be always that main culprit on why you would really be changing up your minds and decisions in regarding of your analysis specially if you do see that the price isnt really going on what you had anticipated or you have seen others analysis on which you are really convincing up yourself that it is viable than yours on which this is really mainly the reason on why it would really be having that kind of alterations when it comes to our trading decisions. You would really able to realize this when you do see negative results along the way.
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sulendra12
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June 01, 2023, 08:27:45 PM |
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First of all, it's always good to maintain your emotion first in order to have a nice time while trading. You don't want your emotion to take control of your decision for example anger or greedy for most cases. Most of the bad cases are happened because of the greediness and that's so easy to mess you up.
It's true that it's difficult to actually maintain your emotion especially if you already have it since birth but still there must be a way to at least reduce it a little bit.
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blockman
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June 01, 2023, 11:16:15 PM |
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It is important for yourself to understand that emotions always and everywhere lead to only one thing - problems and quick wrong decisions.
It's easier said than done. That's why many traders still get rekt with their trades because they can't handle their emotions. It's easy to say that one can control himself when he trades but when you're already there, you'll have hard time. So, it is better to minimize this influence as much as possible.
It can be minimized but you'll never know how long you'll be able to control yourself and how you'll maintain to be in a posture where it seems everything is under control if it's your emotion.
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Legendary
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June 02, 2023, 04:18:21 PM |
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Controlling emotions in trading is not as easy as it seems, even though they say it is. The failure of a trader to control their emotions will only make it difficult for them to make the best decisions when trading, it will also make them tend to lose because they are too hasty in making decisions.
It is true that traders should also be quite able to control their emotions when they realize that crypto trading is a very risky trade. The slightest mistake that is ignored will allow them to get a loss which they later regret. Emotional control is important, it is also included in the trading psychology chapter. Its never been easy and we all surely have experience this stuff on which our emotions are the main things which would really play out on the time that we are dealing on something which we dont even know or we are really that fully aware on what it is.Even though you do have that theory or good on paper or learning those stuffs but on actual situation then it wouldnt really be that simple. Of course I understand very well that in most cases, theory and practice do not always coincide. Many people fail to develop the ability to control their emotions, they know how to do it, but some other factors may force them to make rash decisions. Emotion would be always that main culprit on why you would really be changing up your minds and decisions in regarding of your analysis specially if you do see that the price isnt really going on what you had anticipated or you have seen others analysis on which you are really convincing up yourself that it is viable than yours on which this is really mainly the reason on why it would really be having that kind of alterations when it comes to our trading decisions. You would really able to realize this when you do see negative results along the way. Since I've been involved in the crypto world for the last 8 years, I certainly understand quite a bit about how emotions play role in the failures and successes of my trading and investments. To be honest I have made mistakes too and that was because I failed to control my emotions during trading, but when it becomes an experience then of course I will learn from it. So far I just like to play it safe with the investment plan, of course it is about long term investing which has made me successful in controlling a lot of interest to sell assets in short term. Sometimes changes in investment and trading plans will help us enter new era in the crypto world.
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