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Author Topic: Never Trade on Emotions  (Read 1362 times)
King GK (OP)
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March 03, 2023, 07:53:44 AM
 #1

I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio. Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.
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March 03, 2023, 09:51:55 AM
 #2

This comes with practice because getting emotional is human nature while not getting emotional is the feature of a seasoned trader. Often newbie traders who did not take part in dummy trading take decisions based on emotions which tend to be wrong most of the time but there is nobody to correct them right away.

A background of trading in other speculative assets and dummy trading might help new crypto traders understand how the market works and when to trade.

Buying low and selling high has been an age old method to profit. This should never be underestimated and misunderstood.

R


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March 03, 2023, 09:59:25 AM
 #3

This comes from myself, no I mean this can be overcome with the passage of time when we start trading. That's why we must have basic knowledge about trading first before really entering the real world of trading. How can we control our emotions if we have no knowledge of what we are doing. If we have a friend who has the same activity, it is better to learn from them. Because with the experiences they have that are shared with us, it will be very helpful.

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March 03, 2023, 01:05:08 PM
 #4

I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio. Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.

Trading with all of this traits will cost you a lot because you cannot think more clearly with this since your set strategies will be over powered by your emotions and you cannot think smartly with that. Maybe this can be eliminated once you gain a lot of experience and to your consistency in trading since for sure every bad movements in the market you will look at it as opportunity.

R


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March 03, 2023, 01:43:59 PM
 #5

I would like to give some advice, especially to those who are new to the market.
You are newbie but already have long time in cryptocurrency market? I don't say it is impossible but it's barely in reality.

Quote
Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest.
It is called as Trading or more exactly Speculating. It is not Investing I am sure with you.

Quote
This may you to get hurt again and again and again.
The psychology cycle of the market is unchanged because people don't change themselves.

Quote
So whenever you have to invest, invest a small portion of your portfolio.
That's true. Using all money to do something is big risky and it's hard to control yourself when things are not as smooth as you imagined.

Quote
A major key for a trader is your enemy is always his emotions.
Yeah at the end, you changed your discussion from investment to trading.

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March 03, 2023, 02:11:27 PM
 #6

A major key for a trader is your enemy is always his emotions.

a trader will develop gradually. no trader turns professional without learning from losses.
those who are new to trading, of course, seeing market fluctuations can feel panicked. and by doing so they will make the wrong decision. when they realize it, they learn from their mistakes. gradually traders will understand how they control their response to the situations they find themselves in.
Becoming a professional trader is not instant. Of course, everything takes time.


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March 03, 2023, 02:12:05 PM
 #7

well even without emotions and basing off your trading decision from technical analyisis you'd still have the chance of losing anyway, I think I agreed with the fact that following FOMO is always not a good idea but the key takeaways here is that, riding the train that's already almost finished would always be such bad idea, you should never join in when it's already almost over, your chance of losing gonna rise significantly higher.
riding the train just like everyone else is okay if you're still early, like investing in meme coins could give you massive profit when it was initially introduced but investing now you're just throwing away your money honestly.

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March 03, 2023, 03:16:46 PM
 #8

Emotional control will not come unless you define a clear investment plan by defining when you enter, when you sell and the amount of profit you plan to collect. Not setting a goal will lead you to greed, which leads to fear and panic.
And when you lose, feelings of anger and remorse are born, so all feelings are interconnected and begin with greed, which arises due to the absence of a goal and a plan.


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March 03, 2023, 03:24:20 PM
 #9

Emotions play the most important role in determining trading success. many people were greedy so that in the end the price dropped again and did not take profits, on the other hand many people let the floating minus even though they had left the work area because they did not want to lose money, so that in the end there was a selling panic. it is very difficult to deal with psychology like that and have to do a lot of practice in trading

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March 03, 2023, 03:45:44 PM
 #10

You can never trade on emotion. There are many people who are new to the trading platform and trade and see profits there. Many started cheering after seeing the profit in the first place. Later on that joy they again started trading on the trading platform. When they start trading based on emotions without analyzing the market, if the market is dumping due to any reason, they incur huge losses. They get very worried and sell their trading at a loss. Then when the market starts to rise again, they start trading there again, only to find that they suffer huge losses. So I mean one should never trade on a trading platform with passion. Trade wisely using the trading platform strategy will bring you success.

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March 03, 2023, 03:50:53 PM
 #11

A major key for a trader is your enemy is always his emotions.

a trader will develop gradually. no trader turns professional without learning from losses.
those who are new to trading, of course, seeing market fluctuations can feel panicked. and by doing so they will make the wrong decision. when they realize it, they learn from their mistakes. gradually traders will understand how they control their response to the situations they find themselves in.
Becoming a professional trader is not instant. Of course, everything takes time.

There is no better advice or lesson than to experience the markets ourselves, and time will teach us all those skills and experiences. That's why I rarely give advice to people, I just want to tell newbies: experience it yourself and accept losses in exchange for experience, there is no better teacher than the market. If we want to be professional, and want to make money, the only way is to spend a lot of time in the market.

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March 03, 2023, 04:46:46 PM
 #12

It is a mistake if someone sells all his bitcoins when the market is down because one day, the price will increase greatly and he will regret selling all his bitcoins. Even though he can buy at a low price, he doesn't have any more bitcoins and has to repeat everything from the beginning. The goal of investing in bitcoin is to collect as many bitcoins as possible so that if the bitcoin price goes down, it would be a good moment to buy more bitcoins.

But I think we must control our emotions in trading to analyze, monitor, and do something related to the market. And this self-control process requires time and patience so we cannot achieve it in a short time. But this will really help those of you who want to trade without emotion because emotions are your enemy in analyzing the market.

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March 03, 2023, 04:51:14 PM
 #13

I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio. Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.
This is so essential for any trader. Feelings are the worst enemy of any trader, one should understand that why bots in trading are much more profitable than humans is because they don't have any feelings in them. They will just trade based on their program and system which ideally every trader should also do. But most traders fails to recognise this thing and trade on their emotions and eventually end up losing a lot of money.
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March 03, 2023, 05:08:17 PM
 #14

Yes, saying this is very easy, but applying it is difficult. I mean, everyone knows in theory that one should trade away from emotions such as fear, greed, and Hurry, but in practice it is very difficult to control these emotions completely.

Many people, when you sit in front of the indicator and see the coin starting to decline, do not control their fear of loss, so they sell immediately and then regret it. The same thing is also in the case of greed when they see a pump, for example, they Hurry and buys, then regrets it.

Market making depends mainly on the manipulation of emotions, so the best thing for those who do not have control over their emotions is to give specific orders and then stay away from watching the screen all the time.

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March 03, 2023, 05:28:50 PM
 #15

I feel you would have encouraged traders to do more of demo trade to understand the way the market moves then before entering into the market using small amount of money because emotions will always be there but the level of experience you have can help you in mastering your ability and strategy in trading. Emotions is usually a newbie thing so they need more of practice either demo or they play around with little capital.
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March 03, 2023, 06:46:38 PM
 #16

I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio. Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.

Trading with all of this traits will cost you a lot because you cannot think more clearly with this since your set strategies will be over powered by your emotions and you cannot think smartly with that. Maybe this can be eliminated once you gain a lot of experience and to your consistency in trading since for sure every bad movements in the market you will look at it as opportunity.
Eradicating all these traits might be easily said but actually hard to do especially fighting your own emotions. But with enough gained experiences in trading, you can slowly control your emotions when trading until you find it easier to separate emotions from your trades. And once this happens, you can focus on your set goal in trading and you can make right decisions without being triggered by your emotions.
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March 03, 2023, 06:51:24 PM
 #17

I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio. Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.
You are right but this is harder to master than what it may seem at first sight, when it comes to their money people are very emotional as deep down they know how long it took them to earn that money, so if the market goes down and they begin to lose some money it is very difficult for them to not panic, especially since they know this market is extremely volatile, however once you have learned to deal with your emotions your skill as a trader will improve significantly and the profits you get out of it will grow to levels you may have never thought possible.
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March 03, 2023, 06:56:40 PM
 #18

This comes with practice because getting emotional is human nature while not getting emotional is the feature of a seasoned trader. Often newbie traders who did not take part in dummy trading take decisions based on emotions which tend to be wrong most of the time but there is nobody to correct them right away.

A background of trading in other speculative assets and dummy trading might help new crypto traders understand how the market works and when to trade.

Buying low and selling high has been an age old method to profit. This should never be underestimated and misunderstood.
It’s a normal thing that we always carry our emotions on whatever things we are certainly doing. Because if there are no emotions, we can’t feel that there is life to it. However, trading has a different case, the more you trade without emotions involved, the higher the chances you will succeed. But actually, its hard to eliminate emotions from our own self, but if we can control it, then it would mean a lot for the success of our trading.

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March 03, 2023, 07:45:07 PM
 #19


Buying when it pumps and selling when it drops, that's the entire opposite of the unwritten principle that requires you to buy when it falls and sell when it pumps. No doubt, we find investors rushing into the market when price is high because, they wish to benefit from the billrun that is already playing out but the truth is, they already lost there chances at some good profit to the sentiments that restricted them from buying.
Good enough, it's never late buying at whatever price you meet the market at but, you've got to have a plan that keeps you in the market well enough to make profit. Either you are a day trader or swing trader or you just get to hodl for as long as it gets for the coin (bitcoin) to pump and then, you hodl again.

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March 03, 2023, 07:46:50 PM
 #20

...
Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.

if you trade with emotions then you are not trading but gambling, trading requires good analysis and skills so that it doesn't lead to gambling. There have been many cases that we have seen where a trader lost big because that person made the wrong decision in the market. throw away panic - FOMO - anger - impatient when you want to start trading so that every decision you make really produces a profit.

below are nice words from professional traders;

Quote
"Trading is not for the dabbler, the dreamer, or the hopeless. This requires, above all, an unwavering quality of dedication. So if you are going to trade, trade the way you mean it" (Batang Casili)

"99%+ of traders don't care about Ferraris and yachts. They just want to pay their bills, save a little extra cash, and get a good night's sleep. The only way to do that is to hit 70% or more. Anything less, and these goals are nothing more than fantasy" (Mark Melnick)



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Rainbot
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March 03, 2023, 07:49:44 PM
 #21


Buying when it pumps and selling when it drops, that's the entire opposite of the unwritten principle that requires you to buy when it falls and sell when it pumps. No doubt, we find investors rushing into the market when price is high because, they wish to benefit from the billrun that is already playing out but the truth is, they already lost there chances at some good profit to the sentiments that restricted them from buying.
Good enough, it's never late buying at whatever price you meet the market at but, you've got to have a plan that keeps you in the market well enough to make profit. Either you are a day trader or swing trader or you just get to hodl for as long as it gets for the coin (bitcoin) to pump and then, you hodl again.
A very common thing which most of us would really be doing because just like been said on which if emotions do really kicks in then this is where things becomes really that messy.It wont really be just limited on trading

but also in other things in life as well on which emotions could really make out that huge effect if you cant able to control it.It would easily alter out your plans and decisions that you had made out earlier and this is why it is really that crucial if we do speak about emotion handling but somewhat this kind of thing cant really be acquire in a  short time but rather a long time one and of course you would be needing to experience lots of
scenarios which would really be in connecting for you to get impulsive.This is the time you would really be able to mold up that kind of control.

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March 03, 2023, 09:00:17 PM
 #22

Definitely, we won't succeed in trading if we will not control our emotions because this is a manipulating factor that could affect our mindset which could lead to making wrong decisions. Many traders had come and just fail, and blamed themselves because they are too emotional.
I'm going to admit that sometimes I lose control of my emotions but of course, it was different when we are in trading, we have to think about the consequences of letting it happen all the time as it was disastrous to our plan. 

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Ndabagi01
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March 03, 2023, 09:10:03 PM
Merited by KiaKia (2)
 #23

I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio.

It is impossible to deny that having emotions about something is a feature of a human being. Controlling your emotions will undoubtedly come in handy and assist you while trading, particularly long term trading. The market's ups and downs will undoubtedly have an impact and control one's emotions, but having a prepared mindset on market volatility will put you at ease. Many people have lost a lot of money in trading because of uncontrollable emotions.

Buying low and selling high has been an age old method to profit. This should never be underestimated and misunderstood.

This is an excellent way to profit from trading. This method may appear simple and straightforward to a novice, but it has its drawbacks. To profit from this type of trading, you must first master the art of keeping money (long term). For this to be possible, the market must be in an uptrend for an extended period of time. As a result, this type of method still requires expert guidance.

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Botnake
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March 03, 2023, 09:27:32 PM
 #24

I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio. Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.
As a trader, you won't go far from it if you cannot manage controlling your emotions when trading. Instead of setting your focus on your target goal, your emotions will trigger you especially if the market suddenly go sideways and eventually lost your focus on it. That's the most possible reason why trading is never easy and that a lot of traders have end up quitting instead of pursuing their goals. That's why if you want to be successful in trading, then don't invest in your emotions, instead learn to control it as much as you can.

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Russlenat
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March 03, 2023, 09:35:51 PM
 #25

This comes with practice because getting emotional is human nature while not getting emotional is the feature of a seasoned trader. Often newbie traders who did not take part in dummy trading take decisions based on emotions which tend to be wrong most of the time but there is nobody to correct them right away.

A background of trading in other speculative assets and dummy trading might help new crypto traders understand how the market works and when to trade.

Buying low and selling high has been an age old method to profit. This should never be underestimated and misunderstood.
People trade because of what their emotions tell them, and that is to make profits and stay profitable. But in order to make this possible, trading without emotions is highly needed. Although it's hard since in all that we do we are driven with our emotions, but trading is different so it needs a different mindset too. However, with accumulated experiences trading in the market, you will realize that trading with emotions brings threat to your success so if you can trade without being affected by your emotions, that would be a lot better so you can be successful in your trading activity.

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goaldigger
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March 03, 2023, 09:39:19 PM
 #26

This has been suggested here many times and its proven that having too much emotion is not good when you do trading. You may not avoid this one but you have to do your best to ignore it and just focus on your trading strategy.

I usually get distracted by the hype and fud but then again, you’ll just need to go back with your strategy, assess the situation and decide your next move. Your emotion can still help you make a good decision, just stay in control and trade better.

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virasisog
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March 03, 2023, 09:46:45 PM
 #27

I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio. Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.

Doing trading would give you a roller coaster ride of emotion and its normal since you could only get two results either to make a profit or to lose.m but what important are you could control and handle what you feel. Avoid making decisions based on what you feel but rather stay focused and observe if you are making things right.
Always stay on track if you want to reach your target goal. If we can't manage to control our emotions when doing trading, they will be the ones to take control of us when it comes to decision-making.
lionheart78
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March 03, 2023, 09:50:55 PM
 #28

A major key for a trader is your enemy is always his emotions.

I think emotion isn't the only major key to successful trading.  It does play a huge part but discipline is also as essential as emotion.  To control ourselves from being greedy, emotional, and panicky is one of the best things that we can do while we are trading.  Also, knowledge, research, and being updated play an important part as well.  Not because we can control our emotions means we can be successful traders.

To be successful in trading need not only to conquer emotion but also needs discipline, right information, and being updated to be able to come to the right decision.

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samcrypto
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March 03, 2023, 10:43:49 PM
 #29

- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
These are the emotions that you should avoid in trading or else you might missed a lot of opportunities and you might lose your money in an instant.
In trading, there's a lot of emotions like this, you can just ignore it and just focused on your strategy because if you get distracted, then it can be more risky for you to trade. Beginners tend to be more emotion in trading, its normal and you have to overcome that emotion in order for you to become a good trader.

DoublerHunter
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March 03, 2023, 11:00:08 PM
 #30

A major key for a trader is your enemy is always his emotions.

I think emotion isn't the only major key to successful trading.  It does play a huge part but discipline is also as essential as emotion.  To control ourselves from being greedy, emotional, and panicky is one of the best things that we can do while we are trading.  Also, knowledge, research, and being updated play an important part as well.  Not because we can control our emotions means we can be successful traders.

To be successful in trading need not only to conquer emotion but also needs discipline, right information, and being updated to be able to come to the right decision.
^ Emotions are definitely an important factor when it comes to trading, but it is not the only thing that determines success. Being disciplined, informed, and up-to-date on market trends and news is equally important. Without discipline, traders can easily succumb to greed or panic, which can lead to making poor decisions. Having the right knowledge and doing proper research can help traders make informed decisions and minimize risks. So, I believe that to be a successful trader, one needs to have a combination of emotional control, discipline, knowledge, and continuous learning.
blockman
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March 03, 2023, 11:19:23 PM
 #31

I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio. Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.
All it ends with what you've said as trading with emotions. Based on experience, it's never really a good decision that you trade while you're experiencing something that affects your emotion. It will not end up with a good result and you'll just blame yourself afterward because it's not truly an effective way to trade. Whether you trade small or big, that will show what type of trader you are if you're getting yourself uncaught with those decisions. Much better not to trade so that you won't commit a mistake. Well, it could be manageable if you're about to trade with small amounts and you'll just spare it even if you lose but it all depends on how much the pool of your funds in trading because even if it's quite small, for the others it could be big already.

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March 03, 2023, 11:26:39 PM
 #32

- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
These are the emotions that you should avoid in trading or else you might missed a lot of opportunities and you might lose your money in an instant.
In trading, there's a lot of emotions like this, you can just ignore it and just focused on your strategy because if you get distracted, then it can be more risky for you to trade. Beginners tend to be more emotion in trading, its normal and you have to overcome that emotion in order for you to become a good trader.
Generally, they are negative emotions leading us to losses and frustrations. It was hard to stop these emotions as we are humans but it is a need in order for us to succeed in trading otherwise, we fail. That is why before planning to trade, we also assess ourselves if we can carry the burden it made like controlling our emotions because if we think we can't, then there is no reason why pushing ourselves to this place as it won't go the direction we wanted.

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March 03, 2023, 11:46:32 PM
 #33

- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
These are the emotions that you should avoid in trading or else you might missed a lot of opportunities and you might lose your money in an instant.
In trading, there's a lot of emotions like this, you can just ignore it and just focused on your strategy because if you get distracted, then it can be more risky for you to trade. Beginners tend to be more emotion in trading, its normal and you have to overcome that emotion in order for you to become a good trader.
Generally, they are negative emotions leading us to losses and frustrations. It was hard to stop these emotions as we are humans but it is a need in order for us to succeed in trading otherwise, we fail. That is why before planning to trade, we also assess ourselves if we can carry the burden it made like controlling our emotions because if we think we can't, then there is no reason why pushing ourselves to this place as it won't go the direction we wanted.
Emotions are part of the trading practice. We only need to get adopted to it. Only practice can help in overcoming the emotions. Particularly the cryptomarket is not the same as traditional markets. We won't be able to make perfect prediction. If things didn't go as the plan it is good to stop the trade and look for the next option or plan B. Just pressurising ourselves doesn't gonna make anything happen in the market until you're a whale trader.

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March 04, 2023, 05:33:14 AM
 #34

Yes exactly you are right we should avoid our emotions while trading whether he is a newbies or an old trader but should control emotions. Actually if market pumps then one should not invest in certain coins because market is already pump so there will be higher chances of its dump. A person always thinks that he will not take his losses serious but it is a reality that one cannot bear losing of money. It will be very helpful that do not take any decision in quick mood as you are in hurry but you do not think that what will happen after this. So always think completely and understand that your decision is right or not and then take forward step.

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March 04, 2023, 08:11:20 AM
 #35

Emotions are a double-edged blade. For example, an emotion such as fear and anxiety may lead you to lose part of your investment. An emotion such as desire is what makes you invest in a high-risk investment. Otherwise, why not settle for the 5% that banks give you?
So I control feelings is the solution and not consider them an enemy.

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March 04, 2023, 11:59:31 AM
 #36


So I control feelings is the solution and not consider them an enemy.

Yes regarding this, feelings can be positive emotions but it also has to have some level of confirmation from the trading strategy and indicators before we begin to have that kind of positive feeling or emotions to want to enter an order but apart from confirmation, if we are just having feeling then we are just going for a risk without confirmation, that is dangerous.
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March 04, 2023, 02:54:32 PM
 #37

We see several types of investors in the market, some invest by analyzing the market, some invest only by seeing the volatility of the market, and there are some investors who invest only on emotion. Those who invest by analyzing the market mainly earn profits by investing and there are other investors who only invest based on market volatility or emotions but often face losses. So you should invest by analyzing the market instead of investing based on emotions.

.
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March 04, 2023, 03:10:55 PM
 #38

One of the best way t on become successful on trading is to control yourself from anything. We can’t avoid emotions in our life but we can control it. Managing yourself first will help you on your journey.
With my experience on trading, we all have different perspectives when getting a trade. Most people go with the trend while some are those who does their researches before entering to a trade. Good Luck on your trading journey!
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March 04, 2023, 03:23:32 PM
 #39

A major key for a trader is your enemy is always his emotions.
That's why everyone, when talking about crypto trading or other trading, always we say 'patience' trading crypto or Bitcoin has a high risk, the slightest miscalculation of loss awaits in sight, that's for sure.

For this reason, if trading crypto with emotion and not based on patience, research, analysis, predictions and so on, until the end of the world those who trade crypto have never managed to make good profits.

R


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March 04, 2023, 03:41:25 PM
 #40

One of the best way t on become successful on trading is to control yourself from anything. We can’t avoid emotions in our life but we can control it. Managing yourself first will help you on your journey.
With my experience on trading, we all have different perspectives when getting a trade. Most people go with the trend while some are those who does their researches before entering to a trade. Good Luck on your trading journey!
There will be emotions and sorrows in the life of every human being, but controlling oneself from them is the real success. Trading is a technical business where everyone has to research a coin and analyze it well and then buy that coin.  And if there is a profit then it has to be sold but if a person trades during his emotions then he will never be able to give full attention to that trading due to which his chances of loss will always be high. So you should definitely refrain from trading during emotions


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March 05, 2023, 01:25:19 AM
 #41

One of the best way t on become successful on trading is to control yourself from anything. We can’t avoid emotions in our life but we can control it. Managing yourself first will help you on your journey.
With my experience on trading, we all have different perspectives when getting a trade. Most people go with the trend while some are those who does their researches before entering to a trade. Good Luck on your trading journey!
Trading with emotions is one of the barriers that have hinder most traders from getting acquaintanted with profits in the market and have given liquidation edge over them. We should be able to master and know our weak points before opening a trading positions because not all trades ends to the best of our targets, some always go contrary on what's it's been map out on the chart. You're absolutely right about the fact that we can't get rid of our emotions but we can controlled it. Gathering experience in the space is probably one of the top choice to make because we learn everyday and new things are noticeable each day we pull down essential areas anticipating the sections of the market. Every trader's target is to earned profits at the end of each trading positions, that's the only thing that shows that's one have been doing something solid in the market.

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March 05, 2023, 08:42:53 AM
 #42

Allowing emotions to guide decisions can be risky and result in unfavorable outcomes. Since cryptocurrency markets are highly unstable and susceptible to unexpected price changes, emotions such as fear and greed can influence judgment and lead to unwise choices.
The best example is the more you chase you're lose, the more lose you generate.

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Rigon
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March 05, 2023, 09:26:09 AM
 #43

One of the best way t on become successful on trading is to control yourself from anything. We can’t avoid emotions in our life but we can control it. Managing yourself first will help you on your journey.
But not all people can control themselves on the trading platform. There are many people who passionately trade trading platforms and subsequently lose their money. So before becoming a trailer one must adopt different strategies of trading. The most important of trading platform strategies are greed, and emotion. Only those who can control this strategy will be successful in trading.
With my experience on trading, we all have different perspectives when getting a trade. Most people go with the trend while some are those who does their researches before entering to a trade. Good Luck on your trading journey!
But most people do not research trading. Those who trade in new conditions trade with speculation. And those who can trade after research always get success in their trading.
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March 05, 2023, 10:01:35 AM
 #44

I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio. Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who" A major key for a trader is your enemy is always his emotions.
It is said that trading business platform is a playing ground of wise people. In this platform trader has to be very careful about various things. Panic, Doubt, Hurry, Fomo, Angry, Worry all are very common words in trading. A trader should consider these things very well before trading. Otherwise he will not be able to survive in this trading business. Here you mention some key worlds all these, i give the most importance to emotion. Only those who can control their emotions and conduct the trading can succeed in the trading business. But it should also be kept in mind that since it is a highly volatile trading platform, risks must be taken ‍according to the market condition.

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March 05, 2023, 12:15:11 PM
 #45

Trading on emotions is way too dangerous, out of anxiety, you may miss a prediction or lose a strategy, it's just like creating content, it's best to be at your best mindset before trading, so just learning how to trade isn't really enough, we have alot of personal enhancement to do on our selves.

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gunhell16
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March 05, 2023, 01:19:20 PM
 #46

I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio. Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.

I just want to clarify a little bit OP, When we say emotions, it's quite a broad matter, to be honest. Why did I say? Because the feeling of fear, doubt, anger, and worry are part of our emotions or human nature.

All that is needed is to use our emotions correctly without affecting our assets. Just like we need to be calm enough to think properly and correctly about what to do.

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SPIN

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Oceat
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March 05, 2023, 05:42:58 PM
 #47

~~~

I just want to clarify a little bit OP, When we say emotions, it's quite a broad matter, to be honest. Why did I say? Because the feeling of fear, doubt, anger, and worry are part of our emotions or human nature.

All that is needed is to use our emotions correctly without affecting our assets. Just like we need to be calm enough to think properly and correctly about what to do.
This should be the correct way to address this matter because being logical to understand what is happening you need to be calm and it's not that easy if you are a beginner. This needs a practice to continue of what you are supposed to do rather than eaten by your own emotions which you cannot think properly. Trading on the other hand is another story but one should practice not to get affected to almost everything on what's happening on the market. Always set a price goal to buy or sell no matter what happens in the market. Whether the price would pump or drop you should focus on your goals.

3996
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March 06, 2023, 12:24:28 AM
 #48

I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio. Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.
Experienced is important to control this emotions because if we don't experience we can easily feel it, so if we are going to trade as a beginner we need to used a small amount of money only a minimal amount to avoid loss in trading practice more and more everyday and if you  know more about trading then go trade big amount and control the emotions. Emotions is always there it is nature in human to have emotions but if we can control it then it will not affect our focus.


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Sebas.tian
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March 06, 2023, 03:30:22 AM
 #49

Emotions has reduced so many traders to nothing in the community, because they feel they are doing the right thing by trading their coins with emotion without Carry out their personal research before trading in the market. It will be a good thing, if newbies can embrace this words of advice so that they will not failed like other that trade based on their emotion in the past. Panic and doubt is not good for newbies to have in mind before going into crypto trading which is not advisable, because it will lead you to sell your coins in the market when the price is low for traders to hold.

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March 06, 2023, 05:03:21 AM
 #50

I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio. Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.

I just want to clarify a little bit OP, When we say emotions, it's quite a broad matter, to be honest. Why did I say? Because the feeling of fear, doubt, anger, and worry are part of our emotions or human nature.

All that is needed is to use our emotions correctly without affecting our assets. Just like we need to be calm enough to think properly and correctly about what to do.

OP thinks about the factor of emotions that affects his trades, meaning he can't control his emotions, like if there is hype, he will then jump in, or when he loses, he will always think negatively and end up losing or selling his assets. When it comes to calmness, for sure we are calm while we plan out a trade, but sometimes because we are very eager to trigger that trade, we missed those confirmation signals that would make our trades go on our own  way and that is why we lose.
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March 06, 2023, 06:54:40 AM
 #51

~
A major key for a trader is your enemy is always his emotions.
One of the easiest things to say when it comes to trading, but one of the most hardest things to apply.

It's easy to say that "I can control my emotions already", but when you see Bitcoin going up and you're late on it, you will buy when it's on the peak already, and when you lost, you will feel angry and feel disappointed on your decisions. It's ok if you will get carried by your emotions on your first time on trading because all or most traders felt that as well when they are starting.

Trading without emotion will take time to learn. It isn't like you just trade once, got profit on that trade and now you can control your emotions already. When I'm starting, emotions got me immediately and just after a week after starting to trade, I lose my funds immediately. I learned from that. It takes time to learn especially when it comes to emotions, but it's worth it.

On the other hand, don't ever think that controlling your emotions is the only thing that you must learn when it comes to trading. There are many things to learn as well like reading the charts, learning to use the indicators etc. etc.

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andriarto
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March 06, 2023, 02:04:18 PM
 #52

I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio. Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.

I just want to clarify a little bit OP, When we say emotions, it's quite a broad matter, to be honest. Why did I say? Because the feeling of fear, doubt, anger, and worry are part of our emotions or human nature.

All that is needed is to use our emotions correctly without affecting our assets. Just like we need to be calm enough to think properly and correctly about what to do.

OP thinks about the factor of emotions that affects his trades, meaning he can't control his emotions, like if there is hype, he will then jump in, or when he loses, he will always think negatively and end up losing or selling his assets. When it comes to calmness, for sure we are calm while we plan out a trade, but sometimes because we are very eager to trigger that trade, we missed those confirmation signals that would make our trades go on our own  way and that is why we lose.
the most important thing in trading is discipline. with the discipline of our analysis, we can reduce emotions, be it greed or fear in trading. Emotions are our biggest enemy, if we can't control them, then we will be controlled by them, which of course the end result is not good. but don't worry, because everyone experiences it and only has a different attitude in controlling it. the more we trade, we will be able to get better emotions, if we are disciplined

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Mpamaegbu
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March 06, 2023, 02:34:16 PM
 #53

The major key to all these emotional stuff is to have a mastery of one's emotions while trading and not that one won't have it at all. This is because emotions are bound to come up whether we're losing of profiting. It has to be there. Otherwise we wouldn't be ambitious in life. Man's driving force is always his emotions. We just have to learn how to ride it to our benefit. That's all. As for any trader who would buy when the market is obviously selling, that's the hallmark of a noob. It's just a matter of time before they too learn.

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March 06, 2023, 03:26:29 PM
 #54

One of the easiest things to say when it comes to trading, but one of the most hardest things to apply.

It's easy to say that "I can control my emotions already", but when you see Bitcoin going up and you're late on it, you will buy when it's on the peak already, and when you lost, you will feel angry and feel disappointed on your decisions. It's ok if you will get carried by your emotions on your first time on trading because all or most traders felt that as well when they are starting.

Trading without emotion will take time to learn. It isn't like you just trade once, got profit on that trade and now you can control your emotions already. When I'm starting, emotions got me immediately and just after a week after starting to trade, I lose my funds immediately. I learned from that. It takes time to learn especially when it comes to emotions, but it's worth it.

On the other hand, don't ever think that controlling your emotions is the only thing that you must learn when it comes to trading. There are many things to learn as well like reading the charts, learning to use the indicators etc. etc.
I think it's really not that much of a difficult thing to be fair. If you see it high, you avoid buying, if you see it low, you avoid selling it. It's literally that simple and I have been doing it for many years and I have met some super smart people here, I am not even at top 10% of all the people I know in this community, so if I can do it, then most other people should be able to do it.

It means that it's a bit more about emotions and lack of being able to control them, and that is not just a crypto thing, people who fail to understand or even understand but fail to practice the simplest of trading mechanisms due to lack of emotional control, could probably have the same issue in regular life too.

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March 06, 2023, 03:40:50 PM
 #55

One of the easiest things to say when it comes to trading, but one of the most hardest things to apply.

It's easy to say that "I can control my emotions already", but when you see Bitcoin going up and you're late on it, you will buy when it's on the peak already, and when you lost, you will feel angry and feel disappointed on your decisions. It's ok if you will get carried by your emotions on your first time on trading because all or most traders felt that as well when they are starting.

Trading without emotion will take time to learn. It isn't like you just trade once, got profit on that trade and now you can control your emotions already. When I'm starting, emotions got me immediately and just after a week after starting to trade, I lose my funds immediately. I learned from that. It takes time to learn especially when it comes to emotions, but it's worth it.

On the other hand, don't ever think that controlling your emotions is the only thing that you must learn when it comes to trading. There are many things to learn as well like reading the charts, learning to use the indicators etc. etc.
I think it's really not that much of a difficult thing to be fair. If you see it high, you avoid buying, if you see it low, you avoid selling it. It's literally that simple and I have been doing it for many years and I have met some super smart people here, I am not even at top 10% of all the people I know in this community, so if I can do it, then most other people should be able to do it.

It means that it's a bit more about emotions and lack of being able to control them, and that is not just a crypto thing, people who fail to understand or even understand but fail to practice the simplest of trading mechanisms due to lack of emotional control, could probably have the same issue in regular life too.
It is easy if you do that with your money and you buy and sell with long period of time, but there you have very little profit margin. "Real" Trading is when you go on leverage and try to catch good moment. There you then have bigger risk more on stake and emotion become big factor. I think very low percent of people know to handle emotions in such situations.
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March 06, 2023, 05:42:56 PM
 #56

Definitely, we won't succeed in trading if we will not control our emotions because this is a manipulating factor that could affect our mindset which could lead to making wrong decisions. Many traders had come and just fail, and blamed themselves because they are too emotional.
I'm going to admit that sometimes I lose control of my emotions but of course, it was different when we are in trading, we have to think about the consequences of letting it happen all the time as it was disastrous to our plan. 
I guess even veterans in trading have also their fair share of losing when it comes to trading due to failure of emotional control. This is sometimes hard to avoid as we always do things based on our emotions, but we know in trading it’s different. The more we lose control of our emotions, the higher chances of losing. The reason why as much as possible, we should separate our emotions when we start trading to avoid regretting in the end.

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March 06, 2023, 05:59:03 PM
 #57

Trading with emotion is like trading like betting. So we should have proper knowledge about trading and have strategies so that we can make a good entry and exit point from trading.

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March 06, 2023, 06:17:49 PM
 #58

One of the best way t on become successful on trading is to control yourself from anything. We can’t avoid emotions in our life but we can control it. Managing yourself first will help you on your journey.
With my experience on trading, we all have different perspectives when getting a trade. Most people go with the trend while some are those who does their researches before entering to a trade. Good Luck on your trading journey!

Controlling emotions is the most difficult task for a trader during trading. I have seen many traders who say they can control emotions while trading but they also make the mistake of relying on emotions in trading live. The trades that are taken after research are mostly long-term trades so that even here emotions do not have much effect. So, to be a successful trader, you have to be a good learner along with emotion control.

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March 06, 2023, 07:59:32 PM
 #59

but i guess mostly of trader do that because they see what their want, like if the market go green that mean they will profit if they bu there and vice versa.
so i think that make many trader trap in that circle, maybe we are one of them but in the different case.

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March 06, 2023, 08:00:44 PM
 #60

The key to trading is proper strategies like maintaining the DCA etc. And the main reason behind the damage of this strategy is that trader's emotions. Especially when he can't control his mind, such as when he gets a touch of light pumping and sells the fund before he takes the strategy, but then sees that the market has gone higher. So I think trading based on emotions should never be done, sometimes it leads to huge losses. I have seen many people who invested in different memecoins based on emotions and ended up with huge losses.


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March 06, 2023, 09:32:30 PM
 #61

The issue of emotions in trading is one of the most important. It is extremely important to pay enough attention to this if a trader wants to get a positive result at the end of the work.
Even if you do have that emotion control but still it wont really be giving out assurance that you would really be ending up on having that positive result.It wont really give out that sureness on doing so but somehow
having that good emotional control does really have that advantage because you would really be able to control up yourself whatever situations or conditions  it would be.

When we are just starting then we are really that prone on being that impulsive because we are just new specially dealing with unpredictable market.There's no way that we could tell on where
it would be going.It is really that common that you would really be that kind of reaction but as you do go forward and on the time you do engage then you would
find yourself get enhance on emotional aspect.

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March 06, 2023, 11:08:50 PM
 #62

It is easy if you do that with your money and you buy and sell with long period of time, but there you have very little profit margin. "Real" Trading is when you go on leverage and try to catch good moment. There you then have bigger risk more on stake and emotion become big factor. I think very low percent of people know to handle emotions in such situations.
Long-term trading or maybe it can be called Holding is the most recommended because it will provide more profits and not be too mentally taxing, just buy and hold. The amount of long-term investment also needs to be increased, the more capital issued, the more long-term profits will be.
And to use good leverage, it must be adjusted to the capital and ability to do analysis. Never use high leverage if you are still a beginner and only guess without understanding technical analysis, that will be very dangerous. When high leverage is used, the liquidation period will cast a strong shadow, it will increase anxiety and panic. It's better to trade well, trading on the spot is safer and more relaxed.
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March 06, 2023, 11:50:05 PM
 #63

If entering the markets will be based on you to first see some green candles or anything in those lines,am  sorry you aren't ready for the markets and this will hurt you in the long term.

You best option to give yourself a winning chance and an edge over the markets is build a solid trading strategy this will help eliminate any emotions that get you to doubt your positions and will also allow you to apply good risk management to protect your capital.

Ultimately we also need to agree that we can't win all trades no matter how good of a strategy we have, let's accept losses to be part of the trading game!!

R


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March 07, 2023, 04:26:56 AM
 #64

The issue of emotions in trading is one of the most important. It is extremely important to pay enough attention to this if a trader wants to get a positive result at the end of the work.

To be able to control our emotions we must have clear targets, if we don't have clear targets it will be easy to panic and immediately sell assets because we are tempted to sell because of profits or conversely panic when we see prices dropping, I have practiced this technique several times and it has proven effective to be profitable in trading.


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March 07, 2023, 06:52:33 AM
 #65

The issue of emotions in trading is one of the most important. It is extremely important to pay enough attention to this if a trader wants to get a positive result at the end of the work.
It's not just easy to have emotional control while you are trading but we must overcome it so that we trade with open mind as when we trade emotionally chances are that we make wrong move.If you ask experienced trader how they do it they will simply say it that everything comes with time and market experience but still when we face loss it's hard to hide our feelings but trading is something we should do with our mind and research.

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March 07, 2023, 11:46:39 AM
 #66

Not just trading I think it's not good to do anything with passion because whatever you do with passion you're going to make mistakes. Emotions have no place especially in trading. Because there is something called financial risk.  There are traders who take trades in different coins depending on luck only. As a result of which they later face a lot of losses. Therefore, before risking your money, you must trade carefully.

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summonerrk
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March 07, 2023, 12:22:00 PM
 #67

I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio. Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.

The fact is that you need to develop a strategy and stick to it. And you need to do this when you are absolutely balanced and calm. Then, when you start trading on it, your emotions will affect you, but everything will already be described in the developed plan. And let the actions in it seem strange at the present moment, but you need to adhere to it strictly. This is very hard work, and many will abandon the developed plan. And this is why many lose in the market, you need to believe in yourself and your strategy.

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March 07, 2023, 12:25:52 PM
 #68

It is easy if you do that with your money and you buy and sell with long period of time, but there you have very little profit margin. "Real" Trading is when you go on leverage and try to catch good moment. There you then have bigger risk more on stake and emotion become big factor. I think very low percent of people know to handle emotions in such situations.
Long-term trading or maybe it can be called Holding is the most recommended because it will provide more profits and not be too mentally taxing, just buy and hold. The amount of long-term investment also needs to be increased, the more capital issued, the more long-term profits will be.
And to use good leverage, it must be adjusted to the capital and ability to do analysis. Never use high leverage if you are still a beginner and only guess without understanding technical analysis, that will be very dangerous. When high leverage is used, the liquidation period will cast a strong shadow, it will increase anxiety and panic. It's better to trade well, trading on the spot is safer and more relaxed.

Even experienced traders have no guarantee that they will be profitable when trading with high leverage. According to me, high leverage trading is no different than we are gambling with our own money. For crypto investment, I think long term holding is better, people can still trade but use spot trading instead of leverage. Since the cryptocurrency market is tough to analyze and make predictions, sometimes all the indicators are correct, but just one piece of news can cause it to change direction suddenly.

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March 07, 2023, 05:26:53 PM
 #69

It is easy if you do that with your money and you buy and sell with long period of time, but there you have very little profit margin. "Real" Trading is when you go on leverage and try to catch good moment. There you then have bigger risk more on stake and emotion become big factor. I think very low percent of people know to handle emotions in such situations.
Long-term trading or maybe it can be called Holding is the most recommended because it will provide more profits and not be too mentally taxing, just buy and hold. The amount of long-term investment also needs to be increased, the more capital issued, the more long-term profits will be.
And to use good leverage, it must be adjusted to the capital and ability to do analysis. Never use high leverage if you are still a beginner and only guess without understanding technical analysis, that will be very dangerous. When high leverage is used, the liquidation period will cast a strong shadow, it will increase anxiety and panic. It's better to trade well, trading on the spot is safer and more relaxed.

Even experienced traders have no guarantee that they will be profitable when trading with high leverage. According to me, high leverage trading is no different than we are gambling with our own money. For crypto investment, I think long term holding is better, people can still trade but use spot trading instead of leverage. Since the cryptocurrency market is tough to analyze and make predictions, sometimes all the indicators are correct, but just one piece of news can cause it to change direction suddenly.
Right, the volatility of the market is high enough to allow for spot traders to make impressive profits without the use of leverage, if you add leverage on top of that then it comes to a point in which you are no longer trading but gambling, and I have nothing against gamblers but gambling should be done only at casinos, when it comes to the markets trading should be your only option and unfortunately most of those that think of themselves as traders are just gambling at the markets.
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March 07, 2023, 08:21:52 PM
 #70

It is easy if you do that with your money and you buy and sell with long period of time, but there you have very little profit margin. "Real" Trading is when you go on leverage and try to catch good moment. There you then have bigger risk more on stake and emotion become big factor. I think very low percent of people know to handle emotions in such situations.
Long-term trading or maybe it can be called Holding is the most recommended because it will provide more profits and not be too mentally taxing, just buy and hold. The amount of long-term investment also needs to be increased, the more capital issued, the more long-term profits will be.
And to use good leverage, it must be adjusted to the capital and ability to do analysis. Never use high leverage if you are still a beginner and only guess without understanding technical analysis, that will be very dangerous. When high leverage is used, the liquidation period will cast a strong shadow, it will increase anxiety and panic. It's better to trade well, trading on the spot is safer and more relaxed.

Even experienced traders have no guarantee that they will be profitable when trading with high leverage. According to me, high leverage trading is no different than we are gambling with our own money. For crypto investment, I think long term holding is better, people can still trade but use spot trading instead of leverage. Since the cryptocurrency market is tough to analyze and make predictions, sometimes all the indicators are correct, but just one piece of news can cause it to change direction suddenly.
Right, the volatility of the market is high enough to allow for spot traders to make impressive profits without the use of leverage, if you add leverage on top of that then it comes to a point in which you are no longer trading but gambling, and I have nothing against gamblers but gambling should be done only at casinos, when it comes to the markets trading should be your only option and unfortunately most of those that think of themselves as traders are just gambling at the markets.
If you do know how to scalp then you could really anytime make money out of these movements neither you would really be dealing up with Bitcoin itself or would be focusing on altcoins which is more really that volatile
but in overall on which majority would be sticking on something established or mainly supported by the community which is bitcoin.It is also that understandable that you should really neve ever consider on making yourself been trading with emotions on which it is really that a huge factor on which it would be mainly be affecting up those projected plans earlier or goals or targets that you had made.
This is why emotional control is really that very crucial when you are dealing up with this market.

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March 08, 2023, 05:47:41 PM
 #71

Quote
when you lose, feelings of anger and remorse are born, so all feelings are interconnected and begin with greed, which arises due to the absence of a goal and a plan.

Both profit and loss are interrelated in the market.There is no trade or investment in the world where there is profit and no loss.A person who becomes emotional or emotional in the face of loss cannot do business and does not have a business mind.While entry is very important in trading, exit timing is also very important which is often overlooked by traders.And often traders go into losses instead of profits and from here they get emotional, But there is no room for emotions in trading.  not controlling emotions can be detrimental to a trader as the market always continues to fluctuate and will continue to do so.

Quote
Long-term trading or maybe it can be called Holding is the most recommended because it will provide more profits and not be too mentally taxing, just buy and hold.

But in long-term trading you may also have problems because first you will need a lot of research where you will make your investment. Because luna and ftx are in front of everyone because of which people have suffered so much. Now people's confidence in long-term crypto is decreasing.The advantage of day trading in bear market is to make money in the market and get out and save yourself from further tension in case of any crash.


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March 08, 2023, 07:52:21 PM
 #72

The issue of emotions in trading is one of the most important. It is extremely important to pay enough attention to this if a trader wants to get a positive result at the end of the work.
Traders that has the problem of emotional fear when trading need to work on there emotion before entering into the market. Trading is a difficult task we need to get better skill on before we plan of entering into the market. The market is very competitive so we need to get enough skills so we can compete and make money from the market. Fear of executing trades we have analysed is what cam make us to grow more fear and lose more funds in the market. As a trader we must be confidence about the trade we are taking after analysimg the market and seeing opportunities that would earn us good amount of money.

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March 09, 2023, 07:41:45 AM
 #73

I think tranding should never be about emotion. because it turns out you made a profit by tranding with some money in the first place and rejoiced. and later you invest more money without realizing it. Then when you lose your money you will be very broke. So before you start trading, analyze the market well and get a good idea. You will face huge losses if you trade without understanding. So gain knowledge about the market and later you trade.

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March 09, 2023, 08:19:18 AM
 #74

Traders that has the problem of emotional fear when trading need to work on there emotion before entering into the market. Trading is a difficult task we need to get better skill on before we plan of entering into the market. The market is very competitive so we need to get enough skills so we can compete and make money from the market. Fear of executing trades we have analysed is what cam make us to grow more fear and lose more funds in the market. As a trader we must be confidence about the trade we are taking after analysimg the market and seeing opportunities that would earn us good amount of money.

I have determined for myself that trading does not like haste, if you are in doubt whether to enter a trade, then just skip it. I only buy on drawdowns, the cryptocurrency market is very responsive to negative news, and this happens quite often. It is not worth buying when the market is doing well, wait for some negative and buy on a fall, this is what works well for me.

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March 09, 2023, 08:55:06 AM
 #75

Not only about emotion but greedy could be problem in Bitcoin or cryptocurrency trading, I don't think worth when some people trading with emotion exactly when on losing position. Many trader loss patience when position on floating and can't controlling their emotion how to get panic and selling on lower price.

Impact with future trading when losing their emotion try to re open new position after getting liquid, be calm when trading whatever profit or loss position and keep controlling the emotion if want to earn and keep profitable.

R


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March 09, 2023, 11:01:25 AM
 #76

Traders that has the problem of emotional fear when trading need to work on there emotion before entering into the market. Trading is a difficult task we need to get better skill on before we plan of entering into the market. The market is very competitive so we need to get enough skills so we can compete and make money from the market. Fear of executing trades we have analysed is what cam make us to grow more fear and lose more funds in the market. As a trader we must be confidence about the trade we are taking after analysimg the market and seeing opportunities that would earn us good amount of money.

I have determined for myself that trading does not like haste, if you are in doubt whether to enter a trade, then just skip it. I only buy on drawdowns, the cryptocurrency market is very responsive to negative news, and this happens quite often. It is not worth buying when the market is doing well, wait for some negative and buy on a fall, this is what works well for me.
Things can be changed when got influenced by our emotions and the most thing that happens is that we lost sight of following our plan.
Yes, if we can feel that trading never suits us, we better leave but too unfortunate that some people will push themselves to do this even though it was clear that they are not performing well and continuously losing. In this case, we'd rather make our decision to just become a holder, not a trader anymore.



.
.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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March 09, 2023, 12:37:35 PM
 #77

Allowing emotions to guide decisions can be risky and result in unfavorable outcomes. Since cryptocurrency markets are highly unstable and susceptible to unexpected price changes, emotions such as fear and greed can influence judgment and lead to unwise choices.
The best example is the more you chase you're lose, the more lose you generate.
Emotions could clearly destruct our decision making that is why if we are in trading, then we should learn to control our emotions or much better we should separate our emotions when trading. This is the reason why most traders do not succeed in trading, simply because they can’t handle their emotions and instead continue to trade and end up losing. The worst thing is if they keep on chasing their losses, they will continue to endure bigger losses until they used up all their money in trading.

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March 09, 2023, 01:37:58 PM
 #78

Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest.

This is not about emotion, this is plain stupidity and naiveness. If you knew that you're a newbie, I wouldn't even buy Bitcoin or Altcoin if I didn't know what's going on with the market. If you're gonna say that we can't blame them since they are just newbies, no, it is their responsibility to study cryptocurrency first before buying anything. Instead of earning money, they are just wasting their money with their own mistakes.
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March 09, 2023, 03:54:23 PM
 #79

Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest.

This is not about emotion, this is plain stupidity and naiveness. If you knew that you're a newbie, I wouldn't even buy Bitcoin or Altcoin if I didn't know what's going on with the market. If you're gonna say that we can't blame them since they are just newbies, no, it is their responsibility to study cryptocurrency first before buying anything. Instead of earning money, they are just wasting their money on their own mistakes.

Most of us have committed this kind of decision before. We've all become newbies and gone through trials and errors since we can't invest and trade perfectly. It's just that we have learned through our experience. In case we made that move, there's still nothing to fear as long as we are holding a potential coin. Just focus on the long-term hold and wait for the perfect time to sell again. As we wait for the profitable time to sell we should also learn how to market moves so we can deal with it.
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March 09, 2023, 06:13:16 PM
 #80

It's in our tendency to respond when expectations don't pan out. Due to this, when the price of bitcoin or altcoins drops, the majority of investors start acting emotionally. It will be necessary to note that every crypto investor needs to have an aim for their bitcoin investment. I don't know why certain people are so eager to invest in bitcoin without first establishing a specific investment objective. They forget that If a target is not established, the market price can easily hurt them.

Before newbies invest in cryptocurrency, it will be beneficial for us to warn them that it is a risky investment and that they shouldn't do so unless they can be patient, the market is volatile, invest with spare money, and learn not to be greedy.

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March 09, 2023, 08:12:16 PM
 #81

Emotions has really been the greatest enemy of a trader as most times the market tends to play some silly tricks on our emotions making traders swing into emotions.
I've always been on the opinion that trading should be done by people who are both mentally, emotionally, financially because trading is already a very risky business.

There have been stories of persons who only trade when they feel happy or excited because it helps to build and boast their confidence and there are some other persons who feel it is best to trade when angry as it helps to get them focus and judging from all of these, I think getting a working strategy no matter how odd it is, is best as emotions also has it's role to play with skills

R


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March 09, 2023, 08:50:55 PM
 #82

I think it's really not that much of a difficult thing to be fair. If you see it high, you avoid buying, if you see it low, you avoid selling it. It's literally that simple and I have been doing it for many years and I have met some super smart people here, I am not even at top 10% of all the people I know in this community, so if I can do it, then most other people should be able to do it.

It means that it's a bit more about emotions and lack of being able to control them, and that is not just a crypto thing, people who fail to understand or even understand but fail to practice the simplest of trading mechanisms due to lack of emotional control, could probably have the same issue in regular life too.
Yeah, OP has named some bad emotions that could be sad to have, but you never named the good ones which could be equally bad if you are not careful. Being happy, excited, hyped, joyful, greedy, and many other things could actually end up costing you money as well. You should be very careful what you wish for because it could end up being something quite terrible if you are not careful.

I personally ended up with some sort of situation where I made a lot of profit on something, x4 my money and thought that I could actually make a lot more from it as well. What ended up happening was the price going back down again and I barely survived with breaking even.

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March 09, 2023, 09:37:40 PM
 #83

This comes from myself, no I mean this can be overcome with the passage of time when we start trading. That's why we must have basic knowledge about trading first before really entering the real world of trading. How can we control our emotions if we have no knowledge of what we are doing. If we have a friend who has the same activity, it is better to learn from them. Because with the experiences they have that are shared with us, it will be very helpful.
Doing something against our emotions or trying to control our emotions is the hardest path to take when trading. That is why if we can learn from someone who is also a long term trader and has already experienced trading in different market conditions, then it would help open our minds that if we trade with emotions, we will only anticipate losing in the long run. That is a clear fact in trading, the more you chase your losses in trading, the most likely you will become an unproductive trader. So always manage your emotions everytime you decide to trade.

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March 09, 2023, 09:44:32 PM
 #84

This comes from myself, no I mean this can be overcome with the passage of time when we start trading. That's why we must have basic knowledge about trading first before really entering the real world of trading. How can we control our emotions if we have no knowledge of what we are doing. If we have a friend who has the same activity, it is better to learn from them. Because with the experiences they have that are shared with us, it will be very helpful.
Doing something against our emotions or trying to control our emotions is the hardest path to take when trading. That is why if we can learn from someone who is also a long term trader and has already experienced trading in different market conditions, then it would help open our minds that if we trade with emotions, we will only anticipate losing in the long run. That is a clear fact in trading, the more you chase your losses in trading, the most likely you will become an unproductive trader. So always manage your emotions everytime you decide to trade.
Not something that someone could easily deal off with but it would really be that challenging or something that cant really be that easy if we do speak about controlling on someones emotion.It would really be

taking lots of time and effort and engagement if we do speak about attaining something specially on controlling on someones emotion.On the time that you do able to bare out those situations where it causes

out those impulsive reactions and on the time that you are really that good on handling out your emotions then it would really be that an advantage since you could be
able to mind up and act accordingly basing up on what you had experienced back in the past.
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March 10, 2023, 11:59:12 AM
 #85


- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.
Funny enough all the above qualities you mentioned are qualities of man and they are manifested at different times due to certain condition that the fellow is in.
There is one you didn't include and that is excitement.  Maybe because your trade is going well, you can no longer stick to your budget or stop trading at the appropriate time until you blow your portfolio.

To be sure that you have mastered the act of trading, you must be able to control these emotions and also develop a reasonable degree of patience.  Trading is more about emotional manipulations mosh times  and that is why it is sometimes likened to gambling.

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March 10, 2023, 02:58:11 PM
 #86

I think new investors tend to be very emotional. Because they have never invested in cryptocurrencies before and have not faced losses due to which a fear remains inside them. When newbies invest without realizing it, they are very happy to get a small profit. Then it was seen that after investing a little more money, if they faced loss, they broke down a lot. And this collapse reduces the risk to their investment altogether. But if you invest, you must acquire knowledge and analysis about the market, then you must invest in Bitcoin, then you will not be prone to losing money.

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March 10, 2023, 03:20:43 PM
 #87

I think new investors tend to be very emotional. Because they have never invested in cryptocurrencies before and have not faced losses due to which a fear remains inside them. When newbies invest without realizing it, they are very happy to get a small profit. Then it was seen that after investing a little more money, if they faced loss, they broke down a lot. And this collapse reduces the risk to their investment altogether. But if you invest, you must acquire knowledge and analysis about the market, then you must invest in Bitcoin, then you will not be prone to losing money.
This is like a boxer which is having their first fight, they may have all kind of plans about what they are going to do above the ring, but suddenly they are punched on the face and they feel injured for the first time, some boxers know how to deal with the situation but there are many others that panic and forget their training and get destroyed in the process, something which is very similar to what we see in the markets with those newbie traders.
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March 10, 2023, 04:07:15 PM
 #88

If you are the kind that gets scared quickly and gets anxious when the market crashes, you should work on that before you begin your trading career. You cannot live that way if you are emotional in trading; you will always wind up with losses and losses at the end of the day. Practise what is known as dummy trading, become familiar with the major indicators, and subscribe to excellent channels where you can watch good video lessons and put it into practice. You will overcome your anxieties without even realizing it, and your trading ingredients will be very good.

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March 10, 2023, 04:28:12 PM
 #89

This comes from myself, no I mean this can be overcome with the passage of time when we start trading. That's why we must have basic knowledge about trading first before really entering the real world of trading. How can we control our emotions if we have no knowledge of what we are doing. If we have a friend who has the same activity, it is better to learn from them. Because with the experiences they have that are shared with us, it will be very helpful.
Doing something against our emotions or trying to control our emotions is the hardest path to take when trading. That is why if we can learn from someone who is also a long term trader and has already experienced trading in different market conditions, then it would help open our minds that if we trade with emotions, we will only anticipate losing in the long run. That is a clear fact in trading, the more you chase your losses in trading, the most likely you will become an unproductive trader. So always manage your emotions everytime you decide to trade.
yes this is interesting, I agree with you, and there is a little addition in my opinion that trading is not easy, where a trader must be able to control his enemy, namely his own emotions and must be firm in his stance, you cannot just open a trade because there are so many points that attention must be paid to minimizing losses, such as carrying out market analysis that is right at a certain time technically and fundamentally, a trader must have limitations in trading such as loss limits and profit targets, requiring high flying hours to become a professional trader.

.
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March 10, 2023, 04:40:53 PM
 #90

I think new investors tend to be very emotional. Because they have never invested in cryptocurrencies before and have not faced losses due to which a fear remains inside them. When newbies invest without realizing it, they are very happy to get a small profit. Then it was seen that after investing a little more money, if they faced loss, they broke down a lot. And this collapse reduces the risk to their investment altogether. But if you invest, you must acquire knowledge and analysis about the market, then you must invest in Bitcoin, then you will not be prone to losing money.
This is like a boxer which is having their first fight, they may have all kind of plans about what they are going to do above the ring, but suddenly they are punched on the face and they feel injured for the first time, some boxers know how to deal with the situation but there are many others that panic and forget their training and get destroyed in the process, something which is very similar to what we see in the markets with those newbie traders.
Experience is a big factor that could help to control ourselves.  Newbies without experience could easily change their minds and quit when suffering difficulties because they are not quite prepared enough and it was not told that trading is difficult. Because what they know from online promotions, from those influencers is they can easily make money and multiply their money fast - everything has been easy but unfortunately, it is far different from actual trading. In this case, emotions are usually triggered and lead to making bad decisions.

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March 10, 2023, 04:56:03 PM
 #91

people are going to be stuck with that for quite a while.
You know a gambler might spend years playing gambling, they know they have to stop but their emotions push them to keep playing, maybe in the end they stop after running out of money and they realize, even though it takes a long time.

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March 10, 2023, 05:20:07 PM
 #92

All of us traders use emotions, there are no traders here in cryptocurrency who do not use emotions. Maybe the right thing for us to do as an individual trader is to have self-control and sell-discipline.

     Then we must find out for ourselves what kind of trader we are, because if we don't do this, in the end for sure we will be really emotional as a trader because we will use our emotions incorrectly in which it is supposed to be used for the right purposes.



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March 10, 2023, 06:39:12 PM
 #93

You can't avoid being emotional in doing trades. That was human nature and just a common and usual thing in everyone.

Even professional traders today are dealing with their emotions when doing trades. There's no perfect trader where being emotional can be set aside.

What matter here is, being still responsible and having a calm state of mind even during an emotional breakout due to some trading-related problems.
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March 10, 2023, 10:41:04 PM
 #94

You can't avoid being emotional in doing trades. That was human nature and just a common and usual thing in everyone.

Even professional traders today are dealing with their emotions when doing trades. There's no perfect trader where being emotional can be set aside.

What matter here is, being still responsible and having a calm state of mind even during an emotional breakout due to some trading-related problems.
We are really just humans and we know that even how discipline or having good control you do have on which there are moments or times which you would really be making yourself that impulsive or

really that emotional basing up on what you are doing or specially with trading.It cant really just be that avoided for you to have those kind of reactions since we dont really like on losing money.

This is why we do really still make out those impulsive actions which arent supposed to be done or with in line with our plans because its been affected
with our emotions.The good thing about on having experience is that you do able to control such manner compared to those who dont actually have real experience.
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March 11, 2023, 05:40:00 AM
 #95

You can't avoid being emotional in doing trades. That was human nature and just a common and usual thing in everyone.

Emotions can come in when you're trading but been able to control those emotions are what makes you a professional and you'll need that ability if you want to be successful at trading. If you aren't able to control your emotions then you have to stop trading immediately. Emotions are what makes traders end an ongoing trade and finally ends in loss.

Both traders and investors surfer from emotional decision as you see investors pull out from an investment they had just because they lose patience from holding it or become fearful due to rumours about the project that most times aren't true.

R


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March 11, 2023, 05:49:21 AM
 #96

I think new investors tend to be very emotional. Because they have never invested in cryptocurrencies before and have not faced losses due to which a fear remains inside them. When newbies invest without realizing it, they are very happy to get a small profit. Then it was seen that after investing a little more money, if they faced loss, they broke down a lot. And this collapse reduces the risk to their investment altogether. But if you invest, you must acquire knowledge and analysis about the market, then you must invest in Bitcoin, then you will not be prone to losing money.
Most newbies expect to make money in trading in the first time that is why whenever they loss they feel very emotional and beginners don't don't develop their mind that trading at the beginning stage it is easy to lose money.  If beginners prepare their mind and expect that losses can occur in the first time of trading it will be very easy to pass through or overcome the emotional stress, beginners will keep going emotional if they think trading is all about making. It is just simple understanding that can make one not to be emotional in trading.

R


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March 11, 2023, 09:58:21 PM
 #97

If entering the markets will be based on you to first see some green candles or anything in those lines,am  sorry you aren't ready for the markets and this will hurt you in the long term.

You best option to give yourself a winning chance and an edge over the markets is build a solid trading strategy this will help eliminate any emotions that get you to doubt your positions and will also allow you to apply good risk management to protect your capital.

Ultimately we also need to agree that we can't win all trades no matter how good of a strategy we have, let's accept losses to be part of the trading game!!
Trading is not an avenue to make you an instant wealthy with less than a year. It does not guarantee consistent profits, but it’s even more visible in making you losses most of the time. Most especially if you enter trading without knowledge and little bit of skills in trading, then you will never be profitable from your trades. And also trading with emotions is never advisable. If you feel that you find it hard to control your emotions in everything you do, particularly in trading, then it’s certain that you will hardly make profits from trading.

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March 11, 2023, 10:09:16 PM
 #98

Without emotional control, trading will undoubtedly fail because emotions have a manipulative effect on our thinking and can result in poor conclusions. Due to their too emotional nature, many traders that came only failed and placed the responsibility on themselves. I'll admit that occasionally I have trouble controlling my emotions and it had cost me alot, sometimes you can't help it but let the emotions get in the way. When trading Bitcoin or any other cryptocurrency we should never let our emotions get in the way no matter what.
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March 12, 2023, 12:57:29 PM
 #99

also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.
Happiness and excitement are also forms of emotions and although they are positive emotions, they can still be very dangerous emotions to trade with. While making analysis to set up a trade, you have to be as clear headed and minded as possible, Happiness and excitement can make you make wrong decisions just as the other emotions that you have mentioned. An over excited trade is very prone to making mistakes out of too much uncontrolled excitement. To be a good trader, you must know how to balance and keep your emotions controlled when making analysis.

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March 13, 2023, 01:53:24 AM
 #100

This is a very good advice coming from an experience person.Trading based on emotions is very risky and often results to loss of funds.One should play it safe when it comes to trading because market can be very manipulative at times.one need to stay calm and focused.

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March 15, 2023, 08:07:48 AM
 #101

This is very sound advice, because this type of trading can play a trick on a trader. Under the influence of emotions, very often a trader can afford not at all what should be done in such a situation.
Some people get emotional at the loss and begin to do reckless things like taking a loan or borrowing from friend. Eventually they lose that capital too and with that the reputation they have in public. Sadly, once this happens it is a downward spiral. This has destroyed many budding traders who had potential but were not of the proper mindset.

We have to be logical here. In spot trading we still have the asset at hand and thus preventing this disaster is done when choosing the asset not after buying it. Having faith in that asset will make you focused on that and thus lead to safer trades.

R


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March 15, 2023, 10:40:19 AM
 #102

Happiness and excitement are also forms of emotions and although they are positive emotions, they can still be very dangerous emotions to trade with. While making analysis to set up a trade, you have to be as clear headed and minded as possible, Happiness and excitement can make you make wrong decisions just as the other emotions that you have mentioned. An over excited trade is very prone to making mistakes out of too much uncontrolled excitement. To be a good trader, you must know how to balance and keep your emotions controlled when making analysis.
I believe it could affect our trade but we don't have to let this emotion as a reason why we fail to decide right. The more we are happy, means we are very comfortable with our doings and even more motivated to do so. Because what I mostly observed is that those people who think negatively and are unhappy usually got in big trouble and eventually lose more control of their emotions leading to losing funds.

Besides, we don't need to stop everything and feel nothing. We can still have those emotions (positive and negative) but of course, the most important is we know how to manage ourselves when it comes to making a decision.

R


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March 15, 2023, 08:45:33 PM
 #103

I believe it could affect our trade but we don't have to let this emotion as a reason why we fail to decide right. The more we are happy, means we are very comfortable with our doings and even more motivated to do so. Because what I mostly observed is that those people who think negatively and are unhappy usually got in big trouble and eventually lose more control of their emotions leading to losing funds.

Besides, we don't need to stop everything and feel nothing. We can still have those emotions (positive and negative) but of course, the most important is we know how to manage ourselves when it comes to making a decision.
I think "happy" and excited are different things. If you are happy that will go on a bit longer and that means you are happy with what's happening and that's not a problem. However, if you are excited that doesn't mean that it is just happy, it also means that you are overjoyed and acting about it as well, happy is a state of mind, excited is a response to something.

I would guess that trading while excited may not give good results, it could in fact hurt you more than it helps you and that's why it should not be a good thing to do. I rather do something much better by ending up at a great result in the long run and just focus on profiting when I am calmer.

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March 15, 2023, 08:50:43 PM
 #104

This is a very good advice coming from an experience person.Trading based on emotions is very risky and often results to loss of funds.One should play it safe when it comes to trading because market can be very manipulative at times.one need to stay calm and focused.
Being at your control at most times when you trade is needed. You're like the captain of your boat and if you don't calmly control it, your boat will sink as if it is your money in projection.

And listening to others advise is a good treatment from how you're trading. Because you'll have your own experiences as well and from there, you'll see that you shouldn't trigger yourself by having mixed emotions in trading.

Besides, we don't need to stop everything and feel nothing. We can still have those emotions (positive and negative) but of course, the most important is we know how to manage ourselves when it comes to making a decision.
I agree, managing your emotions while making decisions plays a big part of your trading results. If you don't manage them and you're too emotional for it, you'll be losing your focus.

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March 15, 2023, 09:50:38 PM
 #105

Happiness and excitement are also forms of emotions and although they are positive emotions, they can still be very dangerous emotions to trade with. While making analysis to set up a trade, you have to be as clear headed and minded as possible, Happiness and excitement can make you make wrong decisions just as the other emotions that you have mentioned. An over excited trade is very prone to making mistakes out of too much uncontrolled excitement. To be a good trader, you must know how to balance and keep your emotions controlled when making analysis.
I believe it could affect our trade but we don't have to let this emotion as a reason why we fail to decide right. The more we are happy, means we are very comfortable with our doings and even more motivated to do so. Because what I mostly observed is that those people who think negatively and are unhappy usually got in big trouble and eventually lose more control of their emotions leading to losing funds.

Besides, we don't need to stop everything and feel nothing. We can still have those emotions (positive and negative) but of course, the most important is we know how to manage ourselves when it comes to making a decision.

Stick with our plans no matter what specially if we do make out some analysis earlier which is normal but sticking through it would be the toughest challenge specially if you are a person or type who is really that

easily get affected with market movement and your mood and emotion could easily swing up.This is why its really that hard to stick into your plan if you do see the other factors are always changing plus
there are situations which cant really be handled up well on where you do ending up on boggling your mind.

Experience would be the best teacher and it is something that we should really be minding on.
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March 15, 2023, 10:11:42 PM
Merited by fillippone (2)
 #106

Yes, I agreed with what you have said, and I do not doubt trading with emotions. However, trading with bad emotions are not good in terms of trading because anger and all the rest can make us lose more money on trading and it's not only for Bitcoin traders, it also goes to our local marketers who do other business if a business owner sells his/her goods with anger it will make so many customers run away from them.
In my locality, there are a lot of business vendors who do sell but some of these sellers are not always smiling with customers, and this makes them not go to their shops regularly to purchase goods.
So trading with negative emotions is not advisable in the market.

R


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March 16, 2023, 07:25:24 AM
 #107


- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.
Funny enough all the above qualities you mentioned are qualities of man and they are manifested at different times due to certain condition that the fellow is in.
There is one you didn't include and that is excitement.  Maybe because your trade is going well, you can no longer stick to your budget or stop trading at the appropriate time until you blow your portfolio.

To be sure that you have mastered the act of trading, you must be able to control these emotions and also develop a reasonable degree of patience.  Trading is more about emotional manipulations mosh times  and that is why it is sometimes likened to gambling.
Excitement is closely related to trading in a hurry because you are very eager to reap your profits knowing the market is very positive. But when the market suddenly crash, and you see prices are dropping, then you become easily affected and resort into wrong decision making that will affect your trades. That’s why as much as we can, we should never trade with emotions or at least control it. If we can’t do that, I guess we will hardly become successful in trading.
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March 16, 2023, 10:00:02 AM
 #108

The most important thing for trading is patience and should have basic knowledge about trading.You cannot trade with emotions. Life does not run with emotions.Most of the people in the country are unemployed, so they want to do trading without knowing anything.  And they tend to panic more.So they sell everything when the price goes down and start buying when the price goes up.  Due to which they cannot earn good profit.So you have to practice a lot in trading. Because trading on the basis of emotions without analyzing the market, the risk of losing is high.

death69
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March 16, 2023, 11:21:05 AM
 #109

The most important thing for trading is patience and should have basic knowledge about trading.You cannot trade with emotions. Life does not run with emotions.Most of the people in the country are unemployed, so they want to do trading without knowing anything.  And they tend to panic more.So they sell everything when the price goes down and start buying when the price goes up.  Due to which they cannot earn good profit.So you have to practice a lot in trading. Because trading on the basis of emotions without analyzing the market, the risk of losing is high.
Aah, the sweet sound of agreement, my pal! Patience, oh boy, it's like the tantalizing aroma of freshly baked cookies - you just can't resist it! Now, let me tell you something, trading is no child's play, no, no, no! It requires some serious strategic planning and out of the box thinking. Oh, but emotions, my dear friend, they are the gremlins of trading, the pesky little creatures that wreck havoc on your profits! I still remember the time I let my emotions get the better of me, what a blunder that was! It was like walking into a storm with a beach umbrella, utter madness! I had a bad day, and it ruined my trades. The next day, when the market rebounded, I was kicking myself, boy did I learn my lesson! Trading, my dear friend, is like a game of chess, it requires cunning and skill, no room for emotions here!
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March 16, 2023, 11:56:41 AM
 #110


- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.
add one mate and that is Never Trade when you are in troubled mind meaning  because this will truly be a big mistake because all of your emotions will go together , meaning all of those mentioned combined when you are in troubled mind like having a difficult time with relationship or in work.









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March 16, 2023, 05:56:38 PM
 #111

This Is Best Dialogues For Every Crypto Currency Traders Because Who Comes With Emotional Situation Than START Trade For Biggest Profit Like 2x 3x Like This But Whan Buy Coins And Market Correction Than Upset Why I Buy This Coin Etc.

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March 17, 2023, 12:07:19 PM
 #112

A major key for a trader is your enemy is always his emotions.

This is why everyone will always say, don't invest what you can't afford to lose. If you can make up your mind that what you are investing won't affect your regular life, then there will be significantly less emotion involved. No strings attached. But when it comes to money (one's investment assets), it is difficult to avoid getting emotional over losses.
Quote
Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again.
This is a common problem among newbie who doesn't have proper knowledge about the market movements. I wouldn't tell someone like this to go straight for the trade, as they lack in the main section. If you are not able to do your analysis and take action according to that, then you are not fit for it. Learn first, then apply your knowledge to your advantage.
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March 17, 2023, 09:58:51 PM
 #113

This Is Best Dialogues For Every Crypto Currency Traders Because Who Comes With Emotional Situation Than START Trade For Biggest Profit Like 2x 3x Like This But Whan Buy Coins And Market Correction Than Upset Why I Buy This Coin Etc.
On the time that you do make some buy and then the price do shoots up then it would really be giving out that kind of common feeling that you are a master trader.  Cheesy You would be immediately thinking about

being getting rich overnight but on the time that you would be able to experience some nasty losses then for sure you would really be having those impressions that you arent really expecting that would really be
coming out into your mouth in speaking out those words which you would really be able to realize that it wont really be simple as it looks or sounds.Sooner or later you would be able to handle yourself
when it comes to emotion handling because this is something that never new.

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March 17, 2023, 10:10:59 PM
 #114


- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.
add one mate and that is Never Trade when you are in troubled mind meaning  because this will truly be a big mistake because all of your emotions will go together , meaning all of those mentioned combined when you are in troubled mind like having a difficult time with relationship or in work.
It is important to always trade with a good state of mind because trading requires good concentration and attention. I think is also better to trade only when one is in a good mood to trade and not to ourselves to trade when we know our mood is not ready for trading. People just want to trade but they do not consider if their is perfect time to go into trading. The state at which the mind is when doing things will determine the outcome of the result. Considering emotions while trading is important for trader.

R


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March 18, 2023, 12:03:24 AM
 #115

This is very sound advice, because this type of trading can play a trick on a trader. Under the influence of emotions, very often a trader can afford not at all what should be done in such a situation.
agreed with this statement since emotion could always influence the decision making for the worst, imagine having losing in heavily manipulated market and get all upset then all in in the very same market that has caused lose due to the manipulation, that just simply worst decision ever, moreover getting fomo'd is just as bad if not worse mainly because many that got fomo'd are usually the late comer meaning when everyone has gone out of the market these late comers are becoming their exit liquidity which gonna make their investments stuck, never trade on emotions ever if you want to get your investments grow.

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March 18, 2023, 05:25:39 AM
 #116


- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.
add one mate and that is Never Trade when you are in troubled mind meaning  because this will truly be a big mistake because all of your emotions will go together , meaning all of those mentioned combined when you are in troubled mind like having a difficult time with relationship or in work.
It is important to always trade with a good state of mind because trading requires good concentration and attention. I think is also better to trade only when one is in a good mood to trade and not to ourselves to trade when we know our mood is not ready for trading. People just want to trade but they do not consider if their is perfect time to go into trading. The state at which the mind is when doing things will determine the outcome of the result. Considering emotions while trading is important for trader.
but there are also people who have a lot of problems and are in a bad mood, but they can choose between work and problems that make them feel bad, so that no matter how big the problem is, they can still think clearly at work. but it seems that I can't act like that, so I need to calm down first when I'm going to trade, so I just start to analyze. as we know our biggest enemy is ourselves

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March 18, 2023, 05:34:50 PM
 #117

Well, all of your point' there requires that trader to do it and manage to overcome those as the time goes. It's not something that all people could control because of how different each person can control their own emotions, for example people could easily get angry by small thing but the rest is not.

Same as trading, even though people already experience this many times but in the end they can still feel the tense of trading and the fear of losing their money, we can't deny that. But the most important part is not to get rid of it, but don't let the emotions control you.

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indah rezqi
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March 18, 2023, 06:54:33 PM
 #118

Well, all of your point' there requires that trader to do it and manage to overcome those as the time goes. It's not something that all people could control because of how different each person can control their own emotions, for example people could easily get angry by small thing but the rest is not.

Same as trading, even though people already experience this many times but in the end they can still feel the tense of trading and the fear of losing their money, we can't deny that. But the most important part is not to get rid of it, but don't let the emotions control you.
I agree with your conclusion, ''don't let your emotions control you''. Indeed traders should realize that trading with emotions is very bad because I think they tend to make wrong decisions. But controlling emotions is indeed difficult, especially if traders tend to monitor the market more often.

Emotional control is part of risk management. I'm not sure how they have good management if their emotions are not controlled, it doesn't make sense in my opinion.

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Dimitri94
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March 18, 2023, 08:01:30 PM
 #119

This is a very important note. In general, it is important to be as careful as possible with emotions in the process of work, because under the influence of emotions, the result can be unpleasantly surprising. When I started working with a broker from Amarkets, I first learned everything on a demo account.
Trading is a very sensitive area where prudence is needed.  A person who will be the more knowledgeable, advanced and experienced in the trading platform will be success. In this platform every step has to be calculated but a mistake can cause great damage. Nothing should be done with emotion.
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March 18, 2023, 11:48:22 PM
 #120

The most important thing for trading is patience and should have basic knowledge about trading.You cannot trade with emotions. Life does not run with emotions.Most of the people in the country are unemployed, so they want to do trading without knowing anything.  And they tend to panic more.So they sell everything when the price goes down and start buying when the price goes up.  Due to which they cannot earn good profit.So you have to practice a lot in trading. Because trading on the basis of emotions without analyzing the market, the risk of losing is high.

i agree with your opinion. it's true that when we trade, it's not only a matter of controlling our emotions, but we also have to have basic knowledge about trading to get the most out of trading activities.
carrying out trading activities without having sufficient knowledge of course will not be optimal and probably won't a make profit, likewise if we have good knowledge and understanding of trading but cannot control our emotions the same will not be optimal in trading.
Emotional control and knowledge are things that support each other and we cannot just have one of them but must balance mastering both.


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March 18, 2023, 11:59:11 PM
 #121

The most important thing for trading is patience and should have basic knowledge about trading.You cannot trade with emotions. Life does not run with emotions.Most of the people in the country are unemployed, so they want to do trading without knowing anything.  And they tend to panic more.So they sell everything when the price goes down and start buying when the price goes up.  Due to which they cannot earn good profit.So you have to practice a lot in trading. Because trading on the basis of emotions without analyzing the market, the risk of losing is high.

i agree with your opinion. it's true that when we trade, it's not only a matter of controlling our emotions, but we also have to have basic knowledge about trading to get the most out of trading activities.
carrying out trading activities without having sufficient knowledge of course will not be optimal and probably won't a make profit, likewise if we have good knowledge and understanding of trading but cannot control our emotions the same will not be optimal in trading.
Emotional control and knowledge are things that support each other and we cannot just have one of them but must balance mastering both.
When you do have the knowledge then it would really be just that normal that you wont really be that too impulsive on having that approach towards trading since you do have the idea on what you should gonna do on where you do compare into those people who doesnt have sufficient experience and knowledge towards it which they do decide on diving into trade without being that prepared.

Learnings could be acquired through both theory and actual but most of the time which learning could be acquired with actually experience which it is really that just right that we should really be focusing on this one.Once you do able to handle up these things then you wont be bothering yourself on being affected with emotions.

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March 19, 2023, 02:38:44 AM
 #122

Trading with excessive emotions can indeed result in losses. the feeling of being afraid of being left behind when the price starts to go up and the feeling of being afraid of the price going down more and selling immediately without doing an analysis first is a small example. at the beginning of my experience in crypto trading I also experienced losses several times due to a lack of knowledge and indeed at that time I did not understand how to manage my emotions when involved in trading. and FOMO is what cost me the most in my early trading in crypto.

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March 19, 2023, 03:55:49 AM
 #123

~~~

I just want to clarify a little bit OP, When we say emotions, it's quite a broad matter, to be honest. Why did I say? Because the feeling of fear, doubt, anger, and worry are part of our emotions or human nature.

All that is needed is to use our emotions correctly without affecting our assets. Just like we need to be calm enough to think properly and correctly about what to do.
This should be the correct way to address this matter because being logical to understand what is happening you need to be calm and it's not that easy if you are a beginner. This needs a practice to continue of what you are supposed to do rather than eaten by your own emotions which you cannot think properly. Trading on the other hand is another story but one should practice not to get affected to almost everything on what's happening on the market. Always set a price goal to buy or sell no matter what happens in the market. Whether the price would pump or drop you should focus on your goals.

Do you think that emotions will always be there at all times,it is very difficult for us to control emotions and more so in trading,when you have risky money it is much more difficult to put things on another level without it affecting us,however we must learn to control emotions without it affecting us in trading, also one of the things that move the market are emotions, when there are fundamentals in the world things move to another level and that makes many traders and investors panic and sell, that is very common, to avoid this it is always good to have a plan and always respect it, that is, never break our own rules.

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March 19, 2023, 03:56:44 AM
 #124

Trading with excessive emotions can indeed result in losses. the feeling of being afraid of being left behind when the price starts to go up and the feeling of being afraid of the price going down more and selling immediately without doing an analysis first is a small example. at the beginning of my experience in crypto trading I also experienced losses several times due to a lack of knowledge and indeed at that time I did not understand how to manage my emotions when involved in trading. and FOMO is what cost me the most in my early trading in crypto.
Experience will somewhat teach us and give us an idea of what we gonna do in a particular situation. Committing mistakes and suffering losses is really we can say - a terrible thing to happen in our life. But on the other side, this will help us to become more careful the next time and to improve our market understanding plus analysis. In fact, there is no perfect start in crypto, everyone have tough times on their early days just like you but they are still on the market because they never quit and make those bad days a reason to grow.

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March 19, 2023, 04:27:32 AM
 #125

I call them panic traders. Panic traders are those who want to get rich quickly by coming to new training and are always afraid of bad market conditions. They trade without understanding the market conditions and after a while when the market starts to go down they think that their money will run out. Then they panic. And then they  again buy and sell again which keeps them in constant panic. Which is not true. Trading the market definitely requires a lot of patience.

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March 19, 2023, 05:54:43 AM
 #126

I call them panic traders. Panic traders are those who want to get rich quickly by coming to new training and are always afraid of bad market conditions. They trade without understanding the market conditions and after a while when the market starts to go down they think that their money will run out. Then they panic. And then they  again buy and sell again which keeps them in constant panic. Which is not true. Trading the market definitely requires a lot of patience.
Sometimes don't blame whoever that is into buying and selling or investing in short term, I believe that bitcoin have a fluctuations measure which put fears in the mind of short term investors, sometimes they panic because they capital using to trade is basically borrowed one, so they are inquisitive to make profit at any point in time, and they panic to sell because they are curious to recover the funds lend to start up buying and selling of cryptocurrency and especially bitcoin precisely.

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March 19, 2023, 06:00:43 AM
 #127

Trading with excessive emotions can indeed result in losses. the feeling of being afraid of being left behind when the price starts to go up and the feeling of being afraid of the price going down more and selling immediately without doing an analysis first is a small example. at the beginning of my experience in crypto trading I also experienced losses several times due to a lack of knowledge and indeed at that time I did not understand how to manage my emotions when involved in trading. and FOMO is what cost me the most in my early trading in crypto.
Experience will somewhat teach us and give us an idea of what we gonna do in a particular situation. Committing mistakes and suffering losses is really we can say - a terrible thing to happen in our life. But on the other side, this will help us to become more careful the next time and to improve our market understanding plus analysis. In fact, there is no perfect start in crypto, everyone have tough times on their early days just like you but they are still on the market because they never quit and make those bad days a reason to grow.
You are right. more of them are currently successful with their trading. are the majority of those who survive difficult situations when starting trading. loss is not only once at the beginning of trading. even when we have sufficiently mastered some analysis, we will sometimes still lose money. but those who don't give up will get a better experience for future trading. and the more experienced, the more we can minimize the risk of loss.
no one is truly successful without experiencing difficulties first.



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March 19, 2023, 06:03:18 AM
 #128

I call them panic traders. Panic traders are those who want to get rich quickly by coming to new training and are always afraid of bad market conditions. They trade without understanding the market conditions and after a while when the market starts to go down they think that their money will run out. Then they panic. And then they  again buy and sell again which keeps them in constant panic. Which is not true. Trading the market definitely requires a lot of patience.
Some new investors join crypto, they start dreaming that they are going to prosper in a very short period of time. After investing in such an idea, they are discouraged when it turns out to be a loss rather than a gain. Basically due to lack of adequate knowledge they fail and subsequently lose the invested money. But a new investor must do proper research before investing. One should never make a hasty decision without any research. Trading out of emotion or panic will never lead to success. Patience is the key for success.

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March 19, 2023, 11:10:45 AM
 #129

~snip~
A major key for a trader is your enemy is always his emotions.

I agree a lot of negative emotions can easily come to us when we're not using money that we can afford to lose so we easily get panic when the price drop and we easily get panic when we miss the opportunity. It makes us can't think clearly about the next move that we should do. Controlling emotions will affect our trade results so it's better to have a positive emotion before we start to trade.


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March 19, 2023, 01:32:03 PM
 #130

This is a very important note. In general, it is important to be as careful as possible with emotions in the process of work, because under the influence of emotions, the result can be unpleasantly surprising. When I started working with a broker from Amarkets, I first learned everything on a demo account.

We are here to make money, so when you buy bitcoin and see it dumping, there is no way that you wouldn't feel about it especially when you make the money from your own sweat. When you buy a coin and you have it in mind to make more profits and you later realized that the money you invested is declining, there is no way that you would't feel the pain but its a traditional road every trader undergoes, with time, it gets better. When you becomes better and experience in the system, it wouldn't longer worry when you see your coins going down in vale.
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March 19, 2023, 05:22:11 PM
 #131


Sometimes don't blame whoever that is into buying and selling or investing in short term, I believe that bitcoin have a fluctuations measure which put fears in the mind of short term investors, sometimes they panic because they capital using to trade is basically borrowed one, so they are inquisitive to make profit at any point in time, and they panic to sell because they are curious to recover the funds lend to start up buying and selling of cryptocurrency and especially bitcoin precisely.
It can also be the capital for trading, in which case it is just funds for trading and it does not matter when the sale is made, the most important thing is that a profit is received. Someone likes day trading, someone chooses for long-term trading, but the essence remains the same - to make a profit.

I have investments that I do not touch under any circumstances, and I have also set aside a small budget so far and am trying to trade. The priority for me is to save my money, and to check for myself what kind of success I can have in trading, if the results are good, I will increase the trading deposit, and I will invest my profit in bitcoin again.
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March 20, 2023, 08:26:56 AM
 #132


I agree a lot of negative emotions can easily come to us when we're not using money that we can afford to lose so we easily get panic when the price drop and we easily get panic when we miss the opportunity. It makes us can't think clearly about the next move that we should do. Controlling emotions will affect our trade results so it's better to have a positive emotion before we start to trade.


the mistake is why those people used the money to do it, it's clear they know it's money that can't be lost but keep using it, I think from the start the way it was done was wrong so the mind wasn't calm.

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xzy887
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March 20, 2023, 11:56:48 AM
 #133

I call them panic traders. Panic traders are those who want to get rich quickly by coming to new training and are always afraid of bad market conditions. They trade without understanding the market conditions and after a while when the market starts to go down they think that their money will run out. Then they panic. And then they  again buy and sell again which keeps them in constant panic. Which is not true. Trading the market definitely requires a lot of patience.
Sometimes don't blame whoever that is into buying and selling or investing in short term, I believe that bitcoin have a fluctuations measure which put fears in the mind of short term investors, sometimes they panic because they capital using to trade is basically borrowed one, so they are inquisitive to make profit at any point in time, and they panic to sell because they are curious to recover the funds lend to start up buying and selling of cryptocurrency and especially bitcoin precisely.
Of course I blame them. Because crypto is not common, it's not like they're going to come here and make huge profits very quickly. They must first understand and know everything, only then he can benefit from it through his hard work. And I will not tell anyone to invest borrowed money or nessesary money you need in crypto. Because there is no telling what the market will happen. If all your money is lost due to bad market, then you will face many problems in real life.And you don't just think of living your life by investing in this Bitcoin. I think in real life you need a job that will help you run your family. Just invest your extra money here. So that you can be patient until Bitcoin goes up and you don't face any problem in real life for your invested money.

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March 20, 2023, 01:31:49 PM
 #134

How to subdue cryptocurrency trading emotions:
  • Prepare for loss
  • Validate FUD information
  • Distribute your potential loss
  • Learn from both losses and wins
  • Practice makes confidence
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March 20, 2023, 02:15:25 PM
 #135

Trading with emotions is not good, but trading always involves emotions. Traders tend to fail to control their emotions when their asset prices are corrected or when their asset prices go up high. The urge to sell can occur between the two situation, but of course it is very negative if they are unable to control their emotions during the correction.

Traders tend to get impatient when prices jump a few percent and they are eager to sell, but that's fine as long as they make a profit. The problem is when they have to accept losses due to panic during price corrections. This is the importance of controlling and managing emotions, so that the emotions used in trading truly benefit them, not the other way around.


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March 20, 2023, 03:14:12 PM
 #136

To be able to control emotions when we trade, of course, it is difficult, if we trade with a small value then we can control emotions, but I find it difficult to control emotions when the trading value that I can have big, when the price occurs then I easily panic, or vice versa When the price goes up even if only 1% then I will panic to sell immediately
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March 20, 2023, 03:42:11 PM
 #137

Emotions plays a vital role in the getting of profit during higher and lower price of certain selected coins. If one wants to be successful in investment strategy then he should always focus to keep hide his emotions because if you are in willing of making money with quick method then it sometimes become impossible for a person to get what he wants. A Successful person is one who knows how to hide his emotions and success rate increases as a person manages his feelings more.

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March 22, 2023, 03:31:23 PM
 #138

Emotions plays a vital role in the getting of profit during higher and lower price of certain selected coins. If one wants to be successful in investment strategy then he should always focus to keep hide his emotions because if you are in willing of making money with quick method then it sometimes become impossible for a person to get what he wants. A Successful person is one who knows how to hide his emotions and success rate increases as a person manages his feelings more.
controlling emotions is very important to set the rhythm in our brain. of course we have to understand ourselves first, wanting to make big profits fast is natural in our minds, but we also have to be logical in seeing that success can be achieved gradually, so that in that way we will be able to obey the rules that we have made for ourselves and be able to Discipline to the framework created before the transaction

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March 22, 2023, 05:17:23 PM
 #139

Emotions plays a vital role in the getting of profit during higher and lower price of certain selected coins. If one wants to be successful in investment strategy then he should always focus to keep hide his emotions because if you are in willing of making money with quick method then it sometimes become impossible for a person to get what he wants. A Successful person is one who knows how to hide his emotions and success rate increases as a person manages his feelings more.
controlling emotions is very important to set the rhythm in our brain. of course we have to understand ourselves first, wanting to make big profits fast is natural in our minds, but we also have to be logical in seeing that success can be achieved gradually, so that in that way we will be able to obey the rules that we have made for ourselves and be able to Discipline to the framework created before the transaction

That is really the most common problem with newbies, even myself before. I wanted to learn fast so that I could start earning, which is wrong and takes more time if you are doing it, as you keep coming back to learn things you don't know yet. People always think trading is easy, but when they try it, they quit immediately, as it is difficult, takes time, and over the span of years, you are still learning. Also, emotions are a big part of it, which is why others are also coming up with strategies on how they can control themselves.
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March 22, 2023, 06:21:53 PM
 #140

Emotions plays a vital role in the getting of profit during higher and lower price of certain selected coins. If one wants to be successful in investment strategy then he should always focus to keep hide his emotions because if you are in willing of making money with quick method then it sometimes become impossible for a person to get what he wants. A Successful person is one who knows how to hide his emotions and success rate increases as a person manages his feelings more.
controlling emotions is very important to set the rhythm in our brain. of course we have to understand ourselves first, wanting to make big profits fast is natural in our minds, but we also have to be logical in seeing that success can be achieved gradually, so that in that way we will be able to obey the rules that we have made for ourselves and be able to Discipline to the framework created before the transaction

That is really the most common problem with newbies, even myself before. I wanted to learn fast so that I could start earning, which is wrong and takes more time if you are doing it, as you keep coming back to learn things you don't know yet. People always think trading is easy, but when they try it, they quit immediately, as it is difficult, takes time, and over the span of years, you are still learning. Also, emotions are a big part of it, which is why others are also coming up with strategies on how they can control themselves.

Not trading with emotions in my opinion is indeed an obstacle that must be faced by everyone without exception, whether it's for a beginners or a professional trader too. Even though it sounds easy, it is actually not easy at all to manage our emotions when trading.
Because sometimes we cannot arrange according to our wishes when we are faced with a problem or burden of mind that will affect our emotions when trading. No one can really always control their emotions well, but we can only minimize our emotions.
It is true that over time if we are willing to introspect ourselves, we will be able to learn more and be wiser to optimize our abilities and control our emotions when trading.
But sometimes I think this becomes strange when we advise someone to control themselves and their emotions when carrying out trading activities, but sometimes we ourselves are not always good at managing our emotions when carrying out our trading activities.









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March 22, 2023, 09:37:57 PM
 #141

Emotions plays a vital role in the getting of profit during higher and lower price of certain selected coins. If one wants to be successful in investment strategy then he should always focus to keep hide his emotions because if you are in willing of making money with quick method then it sometimes become impossible for a person to get what he wants. A Successful person is one who knows how to hide his emotions and success rate increases as a person manages his feelings more.
controlling emotions is very important to set the rhythm in our brain. of course we have to understand ourselves first, wanting to make big profits fast is natural in our minds, but we also have to be logical in seeing that success can be achieved gradually, so that in that way we will be able to obey the rules that we have made for ourselves and be able to Discipline to the framework created before the transaction

That is really the most common problem with newbies, even myself before. I wanted to learn fast so that I could start earning, which is wrong and takes more time if you are doing it, as you keep coming back to learn things you don't know yet. People always think trading is easy, but when they try it, they quit immediately, as it is difficult, takes time, and over the span of years, you are still learning. Also, emotions are a big part of it, which is why others are also coming up with strategies on how they can control themselves.
We did all able to experience it out once we are still a noob on which there's no way that we could really be able to know on what are the things that we should do but rather we are really that prone to commit in lots of mistakes which is something inevitable until real experiences would be the best teachers which would mold us up along the way and able to realize that you should really know to shape up your emotions for it to be controlled on times which you do make out trades.It is really just that normal that we would really be that reactive since we are using up real money on here to gain money too which every movement would really be
just normally be affecting you whether it would be going up or down or in overall which it is really just right that having that emotional control is crucial.

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March 22, 2023, 09:50:34 PM
 #142

I call them panic traders. Panic traders are those who want to get rich quickly by coming to new training and are always afraid of bad market conditions. They trade without understanding the market conditions and after a while when the market starts to go down they think that their money will run out. Then they panic. And then they  again buy and sell again which keeps them in constant panic. Which is not true. Trading the market definitely requires a lot of patience.
Sometimes don't blame whoever that is into buying and selling or investing in short term, I believe that bitcoin have a fluctuations measure which put fears in the mind of short term investors, sometimes they panic because they capital using to trade is basically borrowed one, so they are inquisitive to make profit at any point in time, and they panic to sell because they are curious to recover the funds lend to start up buying and selling of cryptocurrency and especially bitcoin precisely.
I believe with the high volatility and price fluctuations of cryptocurrencies most particularly with bitcoin, even how old and veteran you are in crypto trading, there’s always a piece of us that will panic and become bothered especially when prices are experiencing sharp decline. Most especially if you invest or trade with borrowed funds, as long as the market never becomes stable, your emotions no matter how you control it will always be affected and compromised.
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March 22, 2023, 09:52:01 PM
 #143

That is really the most common problem with newbies, even myself before. I wanted to learn fast so that I could start earning, which is wrong and takes more time if you are doing it, as you keep coming back to learn things you don't know yet. People always think trading is easy, but when they try it, they quit immediately, as it is difficult, takes time, and over the span of years, you are still learning. Also, emotions are a big part of it, which is why others are also coming up with strategies on how they can control themselves.
Controlling emotion is not an easy thing to do. It sometimes requires a lot of experience to have that ability. So, newbies who think to learn it fast, simply fail to have good control of their emotions. This is very dangerous because they will have a big chance of losing money due to lack ability of controlling emotions. I agree that many newbies think trading is easy, whereas trading is a quite complicated thing to do.


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Russlenat
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March 22, 2023, 09:56:37 PM
 #144

Emotions are a double-edged blade. For example, an emotion such as fear and anxiety may lead you to lose part of your investment. An emotion such as desire is what makes you invest in a high-risk investment. Otherwise, why not settle for the 5% that banks give you?
So I control feelings is the solution and not consider them an enemy.
Well, it’s more on easily said than done. Because when we are actually in the real market scenario, be it trading or investing, just when you see the market is not doing well, you will eventually feel your emotions become out of control, and the more your emotions become affected, the more chance you lose from your trades. That’s the reason if we can’t control our emotions, it’s best not to deal with a highly volatile market to avoid losses.

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March 23, 2023, 09:12:38 PM
 #145

I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio. Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.
it is normal we can have that emotions we cant stop it but we can can control it if we have a lot of experience the way to control the emotions is to know more about trading and to know more strategy, if you know what is crypto currency and the risk of the high volatility market then trading is very simple to handle but if you are not familiar on it i am sure you cant control your emotion and it will end up loosing.

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March 23, 2023, 09:37:19 PM
 #146

That is really the most common problem with newbies, even myself before. I wanted to learn fast so that I could start earning, which is wrong and takes more time if you are doing it, as you keep coming back to learn things you don't know yet. People always think trading is easy, but when they try it, they quit immediately, as it is difficult, takes time, and over the span of years, you are still learning. Also, emotions are a big part of it, which is why others are also coming up with strategies on how they can control themselves.
Controlling emotion is not an easy thing to do. It sometimes requires a lot of experience to have that ability. So, newbies who think to learn it fast, simply fail to have good control of their emotions. This is very dangerous because they will have a big chance of losing money due to lack ability of controlling emotions. I agree that many newbies think trading is easy, whereas trading is a quite complicated thing to do.


I don't think that experience can help it but it should be on our mindset and attitude to do it. Because no matter how long you are here in the market do trade but if you are not able to change the way you respond to a certain situation, something never happens. It was hard for those who are lazy to work on it but for those who have the dedication, that is only a small thing because they that it really affects their trade and that is they have to do it.

Mahanton
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March 23, 2023, 09:50:49 PM
 #147

That is really the most common problem with newbies, even myself before. I wanted to learn fast so that I could start earning, which is wrong and takes more time if you are doing it, as you keep coming back to learn things you don't know yet. People always think trading is easy, but when they try it, they quit immediately, as it is difficult, takes time, and over the span of years, you are still learning. Also, emotions are a big part of it, which is why others are also coming up with strategies on how they can control themselves.
Controlling emotion is not an easy thing to do. It sometimes requires a lot of experience to have that ability. So, newbies who think to learn it fast, simply fail to have good control of their emotions. This is very dangerous because they will have a big chance of losing money due to lack ability of controlling emotions. I agree that many newbies think trading is easy, whereas trading is a quite complicated thing to do.


I don't think that experience can help it but it should be on our mindset and attitude to do it. Because no matter how long you are here in the market do trade but if you are not able to change the way you respond to a certain situation, something never happens. It was hard for those who are lazy to work on it but for those who have the dedication, that is only a small thing because they that it really affects their trade and that is they have to do it.
Experience would be the key because once you do achieve this state on which we are already that been aware on how things works and what are the things involved then we would really be able to control out
our emotions which is something that very normal once you do gain that experience which is via through real engagement and trading it out.It would be understandable on how newbies would really be starting up
on which emotions would be the main factors on why people do make out bad decisions into their investment or trading decisions which it isnt really that a shocking thing.
You would notice it out when you are on a condition which you could already handle things up.

R


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March 24, 2023, 11:37:22 AM
 #148

Wise words, emotions can really cloud our judgment when it comes to investing. Speaking of investments, have you heard about XGo's new listing for $ARB? The platform seems to be expanding rapidly, and I can't wait to try out their new spot trading feature!
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March 24, 2023, 08:09:41 PM
 #149

Wise words, emotions can really cloud our judgment when it comes to investing. Speaking of investments, have you heard about XGo's new listing for $ARB? The platform seems to be expanding rapidly, and I can't wait to try out their new spot trading feature!
Especially during this time, people make unnecessarily transactions we need to address all our emotions so it cannot be a mistake. Some people in my group gets $ARB I am happy for them even  though I did not get any of it I am not eligible too sad. They say that ARB price went to 10$ but those airdropers sell it so fast it is not bad thing selling it for 10 or 1 still it is a free money, but then if we believe in some tokens and we read it very well maybe we should at least be patient enough and save some amount.
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March 25, 2023, 05:37:31 PM
 #150

I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio. Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.

Yes, I agree with you that having strong emotions is an obstacle to successful trading in the cryptocurrency market. 

You will certainly make inadequate trading decisions.  Therefore, it is advisable to trade with complete indifference to the result and fully concentrating on the trading process itself and on your trading strategy.  Your goal should not be profit, but gaining new experience and self-development. 

This is due to the fact that trading is more like poker than chess.  In addition to your skills and abilities, luck is of great importance. 

At the same time, it is not enough not to experience strong emotions when trading - you need to track the emotions of the majority of market participants, since this information can become the key to understanding price movements in the market.

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March 25, 2023, 06:59:14 PM
 #151

Trading on emotions can lead to a lots of loss. It is better for one to educate himself more about the concept and become more familiar with It than panicking and loosing money.Better to master good trading skills and have a good trading plan to make consistent profits from the markets.

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March 25, 2023, 07:45:27 PM
 #152

Trading on emotions can lead to a lots of loss. It is better for one to educate himself more about the concept and become more familiar with It than panicking and loosing money.Better to master good trading skills and have a good trading plan to make consistent profits from the markets.
But in fact managing emotions is always easy to say but difficult to practice. Even experienced traders often get emotional when market conditions don't go their way, so I don't think we really can erase emotion from trading.

Trade management will of course include emotional management and budget management. You can arrange it in such a way that you can minimize the risk. After all no one can consistently profit from trading, it must be hard even if one could.

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March 25, 2023, 11:34:58 PM
Merited by imamusma (1)
 #153

But in fact managing emotions is always easy to say but difficult to practice. Even experienced traders often get emotional when market conditions don't go their way, so I don't think we really can erase emotion from trading.

Trade management will of course include emotional management and budget management. You can arrange it in such a way that you can minimize the risk. After all no one can consistently profit from trading, it must be hard even if one could.

Trading all the time as a robot is very difficult. By the way, external factors can also interfere, such as a power outage or a sudden argument. These factors can easily throw you off balance, and tomorrow you will have to pay the interest on the loan, so you have to earn something today at all costs. Life doesn't allow you to trade like a robot.
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March 25, 2023, 11:53:12 PM
 #154

Trading must need to have a commitment and not just by emotions it's all about your knowledge and understanding of how it work, committing a trade must know how to stick to the plan and exit once it makes a gain or loss. Many newbies think having a single trade is a must need to get profitable immediately but that's not all you must think at the end of the day must need gain profit no matter how many trade you've been doing.

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March 26, 2023, 05:36:24 PM
 #155

--
Trading all the time as a robot is very difficult. By the way, external factors can also interfere, such as a power outage or a sudden argument. These factors can easily throw you off balance, and tomorrow you will have to pay the interest on the loan, so you have to earn something today at all costs. Life doesn't allow you to trade like a robot.
You are right, many factors affect a trader's emotions and that includes external factors as well.
I agree with you, we are not robots and that means that there are pauses to be taken when things don't go according to plan. Take time off and plan something better the next day.

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March 26, 2023, 06:24:57 PM
 #156

I think new investors tend to be very emotional. Because they have never invested in cryptocurrencies before and have not faced losses due to which a fear remains inside them. When newbies invest without realizing it, they are very happy to get a small profit. Then it was seen that after investing a little more money, if they faced loss, they broke down a lot. And this collapse reduces the risk to their investment altogether. But if you invest, you must acquire knowledge and analysis about the market, then you must invest in Bitcoin, then you will not be prone to losing money.
Most newbies expect to make money in trading in the first time that is why whenever they loss they feel very emotional and beginners don't don't develop their mind that trading at the beginning stage it is easy to lose money.  If beginners prepare their mind and expect that losses can occur in the first time of trading it will be very easy to pass through or overcome the emotional stress, beginners will keep going emotional if they think trading is all about making. It is just simple understanding that can make one not to be emotional in trading.

I have a friend who started trading and without knowing, all he did was decide if it seemed to him that the price was going to go up or down, the truth was that I was very surprised by his result, +he is in the USA, and he has won a lot money, I think he has a gift, and he has earned more than $10k with $1k that he started, he told me that trading is very easy, and in fact now he is taking many courses to learn more, he told me that they did not like the groups of tading that he preferred to do on his account, and since he is a happy person, since he has withdrawn some money and has bought telephones and even his own PS5, the truth is that I am happy for him, luck is with him.

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March 26, 2023, 07:34:50 PM
 #157

Emotions plays a vital role in the getting of profit during higher and lower price of certain selected coins. If one wants to be successful in investment strategy then he should always focus to keep hide his emotions because if you are in willing of making money with quick method then it sometimes become impossible for a person to get what he wants. A Successful person is one who knows how to hide his emotions and success rate increases as a person manages his feelings more.
controlling emotions is very important to set the rhythm in our brain. of course we have to understand ourselves first, wanting to make big profits fast is natural in our minds, but we also have to be logical in seeing that success can be achieved gradually, so that in that way we will be able to obey the rules that we have made for ourselves and be able to Discipline to the framework created before the transaction
Yes it is true that in order to become a successful trader, you have to learn how to control your emotions and follow a clear and disciplined trading plan. Don't let emotions rule your trading, and remember that trading should be based on careful analysis and rational decisions.

It is important to always carry out a careful analysis of the market and not be swayed by rumors or speculation. This can help you make trading decisions that are more rational and less based on emotion.
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March 31, 2023, 06:21:27 PM
 #158


Sometimes don't blame whoever that is into buying and selling or investing in short term, I believe that bitcoin have a fluctuations measure which put fears in the mind of short term investors, sometimes they panic because they capital using to trade is basically borrowed one, so they are inquisitive to make profit at any point in time, and they panic to sell because they are curious to recover the funds lend to start up buying and selling of cryptocurrency and especially bitcoin precisely.
It can also be the capital for trading, in which case it is just funds for trading and it does not matter when the sale is made, the most important thing is that a profit is received. Someone likes day trading, someone chooses for long-term trading, but the essence remains the same - to make a profit.

I have investments that I do not touch under any circumstances, and I have also set aside a small budget so far and am trying to trade. The priority for me is to save my money, and to check for myself what kind of success I can have in trading, if the results are good, I will increase the trading deposit, and I will invest my profit in bitcoin again.
Well, all this comes down to something, it is that each investor has a Way of managing their finances and it is well known that investing in a Safe asset is investing in Bitcoin, I am not one to tell People to invest in cryptocurrencies, only in one and that is btc, but when it is said to invest for me it is to put money and wait as long as necessary until I have great profits, another way is to buy Right now and sell when I have a decent rally, but to buy in the short term is to buy With enough money to show the benefit, there is no use buying a little to get a little, although each gain is significant.

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April 08, 2023, 06:57:27 PM
 #159

Yes exactly people are afraid of losing money whenever they face decrease in price but they don't think that its temporary and it will recover back to higher price after bear market. Sometime after losing money the people get angry and due to this type of emotion they not only sell their coins in low price but they also leave trading and investment so they become unable to recover their money. Those decisions are best which are taken with cool mind because sudden decisions can make you unhappy with huge loss.









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April 09, 2023, 09:26:17 AM
 #160

You should exercise caution because your feelings and impulses could skew your judgment. Going into the market to trade requires having a clear head, analytical thinking, and a strategic mentality. As traders, we are well aware of how harmful it is to operate with an emotion-clouded head, know that doubt, anger, anxiety, concern, and the fear of missing out are the offspring of this. Control your emotions if you want to be a profitable and successful trader. Be a trader with discipline.

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April 09, 2023, 09:35:16 AM
 #161

There are many new investors in crypto who take losses while trading and later become very emotional. But I think those who are raw in investment must first understand the investment well before trading. There are many people who invest in various scam schemes to get more profit and later face huge losses. they are not interested in investing in the future so I would tell those who are new to trading to invest in Bitcoin first. And when you invest in Bitcoin, you don't have to have the the risk of money and you don't have to be emotional.

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April 09, 2023, 09:38:32 AM
 #162


Sometimes don't blame whoever that is into buying and selling or investing in short term, I believe that bitcoin have a fluctuations measure which put fears in the mind of short term investors, sometimes they panic because they capital using to trade is basically borrowed one, so they are inquisitive to make profit at any point in time, and they panic to sell because they are curious to recover the funds lend to start up buying and selling of cryptocurrency and especially bitcoin precisely.
It can also be the capital for trading, in which case it is just funds for trading and it does not matter when the sale is made, the most important thing is that a profit is received. Someone likes day trading, someone chooses for long-term trading, but the essence remains the same - to make a profit.

I have investments that I do not touch under any circumstances, and I have also set aside a small budget so far and am trying to trade. The priority for me is to save my money, and to check for myself what kind of success I can have in trading, if the results are good, I will increase the trading deposit, and I will invest my profit in bitcoin again.
Well, all this comes down to something, it is that each investor has a Way of managing their finances and it is well known that investing in a Safe asset is investing in Bitcoin, I am not one to tell People to invest in cryptocurrencies, only in one and that is btc, but when it is said to invest for me it is to put money and wait as long as necessary until I have great profits, another way is to buy Right now and sell when I have a decent rally, but to buy in the short term is to buy With enough money to show the benefit, there is no use buying a little to get a little, although each gain is significant.


The value of that statement is on how you percept the potential outcome if you are okay with short-term rally and with the amount of profits then it's good to go, it's your own opinion and own understanding on how to work with this investment, there are people who aim for long term as they are expecting a good return while others are good with short-term and small profits but they will continue to chase and repeat it over and over to make also decent benefits.

Like with how you think about it, more on your self assessment that will bring you the profits that you desire to earn from the business.

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April 09, 2023, 02:19:14 PM
 #163

Trading must need to have a commitment and not just by emotions it's all about your knowledge and understanding of how it work, committing a trade must know how to stick to the plan and exit once it makes a gain or loss. Many newbies think having a single trade is a must need to get profitable immediately but that's not all you must think at the end of the day must need gain profit no matter how many trade you've been doing.

That is very true, what happens is that it is very difficult for a novice not to get carried away by emotions, especially when they are lucky because of their hunch and they do Well, this can sometimes become a double-edged sword because by doing so They themselves believe that they have a good grip on the market and things are Not like that, they are quite the opposite, because trading is not like gambling that you can play and bet on luck,here in trading you may have luck,but then when luck runs out things will not be very good,and therefore much trader who fails early.

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April 10, 2023, 10:26:40 PM
 #164

Well, humans by nature are emotional,  and emotion are basically a conscious mental reaction that common between everyone, it means we cannot get rid or live without it. In fact, we should learn how to control our emotions especially in tough situations. As you see the crypto market is always unstable, and to be honest, trading crypto is not an easy field to gain large money specifically in short term. Having a good self control is essential in trading especially when it comes with taking decisions.

Moreover, there is a plenty of characteristics that affect negatively  on traders such as greediness and hastiness. Also, it is really important to invest in yourself at the beginning, , it could be by learning the essential  elements  of trading, I advise beginners to read books and start practicing with low budget to avoid the risk of loss .
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April 11, 2023, 08:05:12 AM
 #165

Well, humans by nature are emotional,  and emotion are basically a conscious mental reaction that common between everyone, it means we cannot get rid or live without it. In fact, we should learn how to control our emotions especially in tough situations. As you see the crypto market is always unstable, and to be honest, trading crypto is not an easy field to gain large money specifically in short term. Having a good self control is essential in trading especially when it comes with taking decisions.

Moreover, there is a plenty of characteristics that affect negatively  on traders such as greediness and hastiness. Also, it is really important to invest in yourself at the beginning, , it could be by learning the essential  elements  of trading, I advise beginners to read books and start practicing with low budget to avoid the risk of loss .
so true. and the advice you convey is also the same advice that I received from my friend when I first started trading. i.e. I started and tried with a small fund. My first focus even at that time was not profit but first getting to know the market situation along with all the indicators that are commonly applied in the market. I familiarize myself with the market first. so I'm getting used to seeing every chart pattern that forms on the market. and gradually I started to enter with actual trades. and actually to be more able to control emotions in trading, we have to master more fundamental analysis. so that we don't feel anxious about the trades we enter. and only enter in coins that do have strong fundamentals. and avoid coins that only rely on hype, namely coins that are pumped and then dumped. most newbies get their psychologically disturbed after they enter into a trade in a new project that relies solely on hype. maybe for those who are experienced it is not a problem. but for beginners it is not recommended.

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martyns
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April 14, 2023, 10:31:30 PM
 #166

Well, humans by nature are emotional,  and emotion are basically a conscious mental reaction that common between everyone, it means we cannot get rid or live without it. In fact, we should learn how to control our emotions especially in tough situations. As you see the crypto market is always unstable, and to be honest, trading crypto is not an easy field to gain large money specifically in short term. Having a good self control is essential in trading especially when it comes with taking decisions.

Moreover, there is a plenty of characteristics that affect negatively  on traders such as greediness and hastiness. Also, it is really important to invest in yourself at the beginning, , it could be by learning the essential  elements  of trading, I advise beginners to read books and start practicing with low budget to avoid the risk of loss .
Reading books,is it really going to help? I just think meeting people that are experienced in the field is the only thing that can really help here.Sometimes,to learn something,you don't really have to learn it through reading,you can also learn it from people that have been in the field before you started,they may know about it more better than you do.Practical approaches to things like this is much more better than the theoritical approach.And for the case of trading without emotions,I don't really think man can ever make an investment or trade without thinking about the money spent.The money he has spent must always remain in his heart.Humans are not robot,so therefore must react as humans,that is to say they must always have emotions no matter what.The only thing we just need to do is to have double feelings,which is anything can happen,either you'll lose or gain,one must happen,when you don't expect too much,you will not be too hurt when you lose.
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April 15, 2023, 08:01:14 AM
 #167

Well, humans by nature are emotional,  and emotion are basically a conscious mental reaction that common between everyone, it means we cannot get rid or live without it. In fact, we should learn how to control our emotions especially in tough situations. As you see the crypto market is always unstable, and to be honest, trading crypto is not an easy field to gain large money specifically in short term. Having a good self control is essential in trading especially when it comes with taking decisions.

Moreover, there is a plenty of characteristics that affect negatively  on traders such as greediness and hastiness. Also, it is really important to invest in yourself at the beginning, , it could be by learning the essential  elements  of trading, I advise beginners to read books and start practicing with low budget to avoid the risk of loss .
Reading books,is it really going to help? I just think meeting people that are experienced in the field is the only thing that can really help here.Sometimes,to learn something,you don't really have to learn it through reading,you can also learn it from people that have been in the field before you started,they may know about it more better than you do.Practical approaches to things like this is much more better than the theoritical approach.And for the case of trading without emotions,I don't really think man can ever make an investment or trade without thinking about the money spent.The money he has spent must always remain in his heart.Humans are not robot,so therefore must react as humans,that is to say they must always have emotions no matter what.The only thing we just need to do is to have double feelings,which is anything can happen,either you'll lose or gain,one must happen,when you don't expect too much,you will not be too hurt when you lose.


You have a good point in terms of meeting people who have an on-hand experienced with the market, though those who write the books mostly also have experienced and they are sharing the possibilities but with a real person who can guide you in how you can deal with the market/business it will help you a lot as they can give you hint and tips in each time you needed to adjust with your position and with every possible action that you may have experienced real-time.

A piece of advice that may add up with your knowledge in learning how to anticipate and how you can analyze the right pattern to follow with your short-term or long-term trading position.

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April 15, 2023, 08:11:41 AM
 #168

Well, humans by nature are emotional,  and emotion are basically a conscious mental reaction that common between everyone, it means we cannot get rid or live without it. In fact, we should learn how to control our emotions especially in tough situations. As you see the crypto market is always unstable, and to be honest, trading crypto is not an easy field to gain large money specifically in short term. Having a good self control is essential in trading especially when it comes with taking decisions.

Moreover, there is a plenty of characteristics that affect negatively  on traders such as greediness and hastiness. Also, it is really important to invest in yourself at the beginning, , it could be by learning the essential  elements  of trading, I advise beginners to read books and start practicing with low budget to avoid the risk of loss .
"We cannot get rid of it" I'm really believed that trading is mastering your emotions, it is about being aware on what and how you feel. We are not a robot to feel no emotions so it is normal to feel something whenever we trade. For me emotions is considered as signal, if you feel negative emotion then it is a signal that something is off, something is wrong and you are the one who will find it. Ask yourself if you really followed the plan, if you execute your orders without hesitation and if you really accept and embrace the risks. There is a big misconception in trading because people think that you don't need emotion when you are trading. It is a wrong mistake because you cannot get rid of it. What you need to always observe and be aware to certain emotions that you currently experiencing.

Trading is mental game, that is why a lot of people are failing and it is one of the difficult job because only few people who are being aware to their mental analysis and trading psychology. Majority of the traders are just focusing on technical analysis and do not give any time to learn something about psychology. The key for trading success is basically mastering your trading psychology and everything will fall in line. You will find something incredible and you will see that your performance in trading will improve.
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April 15, 2023, 09:37:02 AM
 #169

There are many new investors in crypto who take losses while trading and later become very emotional. But I think those who are raw in investment must first understand the investment well before trading. There are many people who invest in various scam schemes to get more profit and later face huge losses. they are not interested in investing in the future so I would tell those who are new to trading to invest in Bitcoin first. And when you invest in Bitcoin, you don't have to have the the risk of money and you don't have to be emotional.
Those who are new investors and have little knowledge about Bitcoin or Crypto often think that investing here will surely make them profit and they will get it in a very short period of time.  And thus they are emotional and with that they face a big risk by investing a high amount in a single coin and if they are lucky and that coin goes pump then they get a good profit but it rarely happens. And for this reason, to invest in any place, it is important to first have a good idea about that thing and to know about the risk of investing there.  And should be invest there coldly without being emotional. this is the key strategy to make a profit in every business



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April 15, 2023, 10:06:38 AM
 #170

There are many new investors in crypto who take losses while trading and later become very emotional. But I think those who are raw in investment must first understand the investment well before trading. There are many people who invest in various scam schemes to get more profit and later face huge losses. they are not interested in investing in the future so I would tell those who are new to trading to invest in Bitcoin first. And when you invest in Bitcoin, you don't have to have the the risk of money and you don't have to be emotional.
Those who are new investors and have little knowledge about Bitcoin or Crypto often think that investing here will surely make them profit and they will get it in a very short period of time.  And thus they are emotional and with that they face a big risk by investing a high amount in a single coin and if they are lucky and that coin goes pump then they get a good profit but it rarely happens. And for this reason, to invest in any place, it is important to first have a good idea about that thing and to know about the risk of investing there.  And should be invest there coldly without being emotional. this is the key strategy to make a profit in every business
Related to trading that is influenced by emotions, it is not only beginners who can experience losses, even experienced traders sometimes fall into their emotions.
I talk like this because my friend is a reliable trader. he consistently earns even more from the daily trades he is used to. but one day he got a problem in his family. and he seems to be in a bad state psychologically. he looks a little stressed. and unlike usual he even traded in a state of emotion that seemed mixed. and as a result he experienced defeat or loss on that day. because he can't focus on analyzing the market because his mind is thinking about problems in his family. but fortunately he was not much in the loss. because he is still disciplined in determining the amount of loss he can accept.

But from that incident I observed that we must avoid entering the market to trade when we are having problems that can break our concentration in trading. because emotions will dominate in such conditions. even if usually we can analyze properly but we are having a lot of problems in our mind then our analysis will not be good. because our focus will decrease.

So that in trading besides we have to master the knowledge of trading such as various analysis. so it is also important for us to enter the market when we are truly in a clear state of mind. so that we can control our emotions in trading even better.

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April 15, 2023, 12:27:06 PM
 #171

I tell my friends, never be a motivated trader. Be an intentional trader. A motivated trader is driven by his emotions. He is unstable. He lacks discipline and strategic thinking and makes or changes his mind on the spur of the moment. Doesn't always follow through. However, an intentional trader is the person in charge. Doesn't let FUD and all so-called bad and scary rumors stop them. They stick to their strategy irrespective of market fluctuations. Their decision is based off of - technical analysis, fundamental analysis, and intuition.

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April 15, 2023, 02:53:22 PM
 #172

Trading based on emotions will simply results to lots of losses.One should trade based on sound knowledge on trading,have good technical analysis and finding the best trading setups in the markets.One should also learn to control his emotions when it comes to trading in general and trade based on what the market present at that moment.

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April 15, 2023, 03:20:43 PM
 #173

Trading based on emotions will simply results to lots of losses.One should trade based on sound knowledge on trading,have good technical analysis and finding the best trading setups in the markets.One should also learn to control his emotions when it comes to trading in general and trade based on what the market present at that moment.
That's why it is not advisable to trade or to gamble when you are not feeling well or you are down because you might do some impulsive things, there's a lot of people who made a thousand to millions of losses because they uses trading, futures and gambling as their coping mechanism to their lives they make it as their comfort but then they end up losing and more frustrated than before. Emotion has a very large impact on this thing.
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April 15, 2023, 04:59:29 PM
 #174

Trading based on emotions will simply results to lots of losses.One should trade based on sound knowledge on trading,have good technical analysis and finding the best trading setups in the markets.One should also learn to control his emotions when it comes to trading in general and trade based on what the market present at that moment.
That's why it is not advisable to trade or to gamble when you are not feeling well or you are down because you might do some impulsive things, there's a lot of people who made a thousand to millions of losses because they uses trading, futures and gambling as their coping mechanism to their lives they make it as their comfort but then they end up losing and more frustrated than before. Emotion has a very large impact on this thing.
When emotion do kicks in then it is really that something that hard to be controlled specially on the time that your mind isnt really that hearing up on what are the things that you must done.Easy to say for other

people to say that we should really be that emotionless but since we are just humans then it is really just that normal that we would really be that having those kind of impulsive approach and reactions
whenever we do see our portfolio is really that having reds or declining situation. Im aint saying that it do always have that con's yet there are moments or times which our emotions do really save us
from that total wrekt or lose on a position that we had been able to make.But most of the time making impulsive decisions or alterations do really result on error and losses.

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April 16, 2023, 04:23:47 AM
 #175

There are many new investors in crypto who take losses while trading and later become very emotional. But I think those who are raw in investment must first understand the investment well before trading. There are many people who invest in various scam schemes to get more profit and later face huge losses. they are not interested in investing in the future so I would tell those who are new to trading to invest in Bitcoin first. And when you invest in Bitcoin, you don't have to have the the risk of money and you don't have to be emotional.
Those who are new investors and have little knowledge about Bitcoin or Crypto often think that investing here will surely make them profit and they will get it in a very short period of time.  And thus they are emotional and with that they face a big risk by investing a high amount in a single coin and if they are lucky and that coin goes pump then they get a good profit but it rarely happens. And for this reason, to invest in any place, it is important to first have a good idea about that thing and to know about the risk of investing there.  And should be invest there coldly without being emotional. this is the key strategy to make a profit in every business
Related to trading that is influenced by emotions, it is not only beginners who can experience losses, even experienced
The main purpose of being emotional is high loss.  Anyone who wears high-quality losses becomes emotional, be it a new trader or a professional. So in order to control or ignore emotions, traders should first trade with a limit and instead of investing the entire fund on one coin only, they should invest 5-10% of the entire fund in each coin among multiple coins. then it is possible to get profit from trading by controlling emotions

Trading based on emotions will simply results to lots of losses.One should trade based on sound knowledge on trading,have good technical analysis and finding the best trading setups in the markets.One should also learn to control his emotions when it comes to trading in general and trade based on what the market present at that moment.
A good understanding of fund management and limits along with technical analysis and proper knowledge of buying and selling at the right time is required for successful trading. and to protect ourselves from emotions, we need to trade with less amount so that emotions cannot attack us even if we lose.



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Rainbot
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April 16, 2023, 05:13:11 AM
 #176

Yes exactly people are afraid of losing money whenever they face decrease in price but they don't think that its temporary and it will recover back to higher price after bear market. Sometime after losing money the people get angry and due to this type of emotion they not only sell their coins in low price but they also leave trading and investment so they become unable to recover their money. Those decisions are best which are taken with cool mind because sudden decisions can make you unhappy with huge loss.

When traders make the mistakes of selling their coins at low price is because they don't know what they doings and many didn't learn how to trade but just started trading. A professional trader understands that the market can recover anytime and instead of selling, they can keep holding that coin and waiting for the season that the price of the coin will increase again.

As a trader you have to distance yourself from your emotions or you'll become unprofitable because of selling or buying a coin just because you have a feeling of the coin increasing or dumping. Emotions make you make very bad decision that can make you lose all your capital.

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April 16, 2023, 08:26:28 AM
 #177

The main purpose of being emotional is high loss.  Anyone who wears high-quality losses becomes emotional, be it a new trader or a professional. So in order to control or ignore emotions, traders should first trade with a limit and instead of investing the entire fund on one coin only, they should invest 5-10% of the entire fund in each coin among multiple coins. then it is possible to get profit from trading by controlling emotions

Well maybe that way can also be done. But me personally when I feel my emotions start to peak and start to dominate my mind. then right then and there I will leave trading for a while. i sometimes divert it by going out and buying some snacks. or any way that can make my mind relax a little and my emotions subside. after my emotions subsided then I returned to trade.

if emotions rule our minds then FOMO is the thing that most people experience who force themselves to trade when emotions are unstable. so taking a little break is sometimes very necessary.

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Latviand
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April 16, 2023, 09:16:40 AM
 #178

This comes from myself, no I mean this can be overcome with the passage of time when we start trading. That's why we must have basic knowledge about trading first before really entering the real world of trading. How can we control our emotions if we have no knowledge of what we are doing. If we have a friend who has the same activity, it is better to learn from them. Because with the experiences they have that are shared with us, it will be very helpful.
Of course that's already a given, you need to learn the fundamentals before getting into anything, I mean isn't that how everything that we do should start, no one gets in something doing it right the first time. Trading because you've become emotional and you want to take back your losses so quickly without rethinking your approach or strategy is a natural thing, the real skill is keeping that emotion in check and not hinder your next move.
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April 16, 2023, 03:26:24 PM
 #179

Yes exactly people are afraid of losing money whenever they face decrease in price but they don't think that its temporary and it will recover back to higher price after bear market. Sometime after losing money the people get angry and due to this type of emotion they not only sell their coins in low price but they also leave trading and investment so they become unable to recover their money. Those decisions are best which are taken with cool mind because sudden decisions can make you unhappy with huge loss.
That is just the way humans are designed We always want success every time not wanting to fail but as far as am concerned failure is inevitable and most newbies investing in crypto don't want to lose money and at the same time want to enjoy the benefits that it comes with, and one thing have noticed is that before you can learn very well there is no way you won't lose money once you want to trade, and it takes a lot of effort to kill emotions when you want to trade, i have a friend once he purchase bitcoin the next thing is to delete his wallet since is private key his with him  Grin

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April 16, 2023, 04:18:18 PM
 #180

Of course that's already a given, you need to learn the fundamentals before getting into anything, I mean isn't that how everything that we do should start, no one gets in something doing it right the first time. Trading because you've become emotional and you want to take back your losses so quickly without rethinking your approach or strategy is a natural thing, the real skill is keeping that emotion in check and not hinder your next move.
Emotions can become our enemy, I first encountered this in gambling, when after a loss I wanted to win back, I made very stupid decisions and it is clear that this did not help me solve the problem that I had. The same essence is present in trading, and emotions will most likely lead only to loss of money. This applies not only to negative emotions, positive emotions also sometimes prevent us from thinking sensibly.

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April 16, 2023, 06:43:15 PM
 #181

Of course that's already a given, you need to learn the fundamentals before getting into anything, I mean isn't that how everything that we do should start, no one gets in something doing it right the first time. Trading because you've become emotional and you want to take back your losses so quickly without rethinking your approach or strategy is a natural thing, the real skill is keeping that emotion in check and not hinder your next move.
Emotions can become our enemy, I first encountered this in gambling, when after a loss I wanted to win back, I made very stupid decisions and it is clear that this did not help me solve the problem that I had. The same essence is present in trading, and emotions will most likely lead only to loss of money. This applies not only to negative emotions, positive emotions also sometimes prevent us from thinking sensibly.

Yup your emotion either create fear or aggression, fear when you see that the market is turning against you while aggression when you wanted to recover your losses and you wanted to do it in a quicker process, you need to control and minimize your mistake when following your emotions.

Else, you will find yourself keep losing in each trading position that you will going to take. It's important to learn from your experienced in each time you follow your emotions during your trading participation.

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April 16, 2023, 10:39:58 PM
 #182

Trading with emotions is not recommended one.Because with the emotions of losing the entire money,then you cash out the money with less loss.But the new panic people will do this for most of the time.So the price of bitcoin and other cryptocurrencies was dump ,Pump of price.The new trader should learn strategic move to hold the coins at the deadly moment.The deadly situation may be change your life so,avoid such continuous situation to win your life .When holding creates you some profit,they uses that management money for the savings.

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April 16, 2023, 11:42:37 PM
 #183

Trading with emotions is not recommended one.Because with the emotions of losing the entire money,then you cash out the money with less loss.But the new panic people will do this for most of the time.So the price of bitcoin and other cryptocurrencies was dump ,Pump of price.The new trader should learn strategic move to hold the coins at the deadly moment.The deadly situation may be change your life so,avoid such continuous situation to win your life .When holding creates you some profit,they uses that management money for the savings.

The basic question is how to trade without emotion, when we start trading mainly because emotion led us to trade.  A human is not a robot, and emotions will always be present. If you want to trade without emotions, then install a trading bot (although trading bots make mistakes too, because the trading process is always full of surprises).
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April 17, 2023, 12:16:10 PM
 #184

A very important note that is really worth considering. It is important to understand that, under the influence of emotions, traders can make decisions that clearly would not be worth making.
Well right. this is an important point of why we should not trade when emotions have taken over our minds. because of course we will not be able to think clearly with emotions that still dominate our minds. and yes, it's true, that is, all decisions that are made when we are under high emotional pressure, we really cannot make them. because even we will find it difficult to do an analysis if we ourselves have not been able to control our emotions. especially sentimental analysis will be very difficult to do if we can't think properly and calmly.

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April 17, 2023, 01:05:29 PM
 #185

I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio. Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.

Adding to this:

Trading with doubts and greed makes the market go against us most times.
After your analysis, and you decide to place a trade, but with the price movement, you start developing doubt against your own analysis, most times can also lead to loss

 From my experience, trading and wanting to get higher profit than the profit you've set for that trade, might give you a loss result. Which might be very difficult for one to handle emotionally. Set your goal and eliminate greed your your trades.
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April 17, 2023, 02:08:39 PM
 #186

A very important note that is really worth considering. It is important to understand that, under the influence of emotions, traders can make decisions that clearly would not be worth making.
I think we need to ask ourselves whether it is that easy to stop trading with emotions. This thing is not that easy unless we have been in the market for a very long time. Since we are trading with our money, it is not that very easy for us to trade without emotions unless we have trained ourselves very well how to handle loses and make trades works without much drama. Emotion is something that many traders had been fightimg to overcome but it is just not easy because or some many things we need to try as much to overcome.









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April 17, 2023, 02:33:18 PM
 #187

A very important note that is really worth considering. It is important to understand that, under the influence of emotions, traders can make decisions that clearly would not be worth making.
I think we need to ask ourselves whether it is that easy to stop trading with emotions. This thing is not that easy unless we have been in the market for a very long time. Since we are trading with our money, it is not that very easy for us to trade without emotions unless we have trained ourselves very well how to handle loses and make trades works without much drama. Emotion is something that many traders had been fightimg to overcome but it is just not easy because or some many things we need to try as much to overcome.
of course, it will take time. and it's not as easy as it sounds. but as you try trading more and more, you will see where your gap is to be able to develop your skills, including controlling your emotions.
those who are already very professional in trading, of course, go through quite a lot of difficult trades. and that's what makes them better traders. many beginners finally choose to stop trading because of the frustration of not being able to overcome losses due to not being able to control their emotions. it's like gambling when you get a win and forget to stop and make a withdrawal.


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April 17, 2023, 05:11:59 PM
 #188

Thanks for your opinion and advice. I agree that emotions can be dangerous for a trader and that it is important to keep a cool head when making decisions in the market. It is also important to have an understanding of risks and be able to manage your portfolio by diversifying it and not investing too much in one cryptocurrency. Remember that the cryptocurrency market can be very volatile and it is important to have a long-term perspective when investing in cryptocurrencies.
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April 17, 2023, 07:20:17 PM
 #189

I completely agree with this advice. Emotions can cloud judgment and lead to impulsive decisions, which can ultimately result in losses. It's important to approach investing and trading with a level head and a well-thought-out strategy. By investing a small portion of your portfolio and avoiding emotional decision-making, you can reduce your risk and increase your chances of success in the long run.
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April 18, 2023, 05:35:48 AM
 #190

I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio. Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.

Adding to this:

Trading with doubts and greed makes the market go against us most times.
After your analysis, and you decide to place a trade, but with the price movement, you start developing doubt against your own analysis, most times can also lead to loss

 From my experience, trading and wanting to get higher profit than the profit you've set for that trade, might give you a loss result. Which might be very difficult for one to handle emotionally. Set your goal and eliminate greed your your trades.
This is a nice one,you just mentioned the types of people that loss money while trading.Some person's are so anxious about the fact that they' spent money on trading,and therefore,the money must return back in double fold,and when it looks like the trade won't turn out to be the way they expected,it will either cause them high blood pressure or it might give them emotional trauma which is very dangerous for their health.Another thing you failed to tell newbies is the fact some persons rush while trading to make their first trade without making a good research and analysis of the market,to know whether it will bring out good result or not.
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April 18, 2023, 04:36:44 PM
 #191

Trading with emotions is not recommended one.Because with the emotions of losing the entire money,then you cash out the money with less loss.But the new panic people will do this for most of the time.So the price of bitcoin and other cryptocurrencies was dump ,Pump of price.The new trader should learn strategic move to hold the coins at the deadly moment.The deadly situation may be change your life so,avoid such continuous situation to win your life .When holding creates you some profit,they uses that management money for the savings.

If a trader notice he or she is relying on their emotions to trade, it doesn't matter if they are making profits or losing, what they should do is to stop trading immediately. Trading with emotion is never healthy for the user trading because they getting no experience from doing that as what's giving them profits is just them beens lucky which will fail them one day.

For traders trading with their emotions, they can stop trading and continue holding but holding itself too needs some dedication which involves patience and disciplined. To be profiting in the cryptocurency market you need to discipline yourself either when trading or investing.

R


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April 18, 2023, 06:06:03 PM
 #192

Emotions can be the worst challenge many traders usually face when trading, even if you are on the right path or have gotten your analysis very well, emotions can cause huge distortion in ones trading career. If you can figure out how to dealing with your emotions on the course of trading, you would start to be profiting in your trading journey. Note that no one controls the market, so do your analysis very well, place your trades and back them with stops and allow them to run,  because trading is a two ways thing which one must happen.

R


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April 18, 2023, 07:12:05 PM
 #193

I completely agree with this advice. Emotions can cloud judgment and lead to impulsive decisions, which can ultimately result in losses. It's important to approach investing and trading with a level head and a well-thought-out strategy. By investing a small portion of your portfolio and avoiding emotional decision-making, you can reduce your risk and increase your chances of success in the long run.

You can avoid losing a lot if you know how to balance your emotions and your strategy, there are factors that affecting your strategy and without the proper knowledge in how to control, emotions will swallow you and drives you to mistakenly project the next market movements, it's really needed to have the right understanding with the business or investment that you are taking.

It will be safer to invest with set plans and strategy and be firmed with how you perceive the market without any influence from your emotions.

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ningrum
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April 18, 2023, 08:09:45 PM
 #194

I completely agree with this advice. Emotions can cloud judgment and lead to impulsive decisions, which can ultimately result in losses. It's important to approach investing and trading with a level head and a well-thought-out strategy. By investing a small portion of your portfolio and avoiding emotional decision-making, you can reduce your risk and increase your chances of success in the long run.

You can avoid losing a lot if you know how to balance your emotions and your strategy, there are factors that affecting your strategy and without the proper knowledge in how to control, emotions will swallow you and drives you to mistakenly project the next market movements, it's really needed to have the right understanding with the business or investment that you are taking.

It will be safer to invest with set plans and strategy and be firmed with how you perceive the market without any influence from your emotions.
In trading, of course, it is very important to have a clear mind because when it is dominated by emotions, it is not impossible that it will harm us,
I agree with what you said and indeed the key is to balance,
we know for ourselves that trading is so complex that we need to prepare a lot of things.

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Mahanton
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April 18, 2023, 08:57:19 PM
 #195

I completely agree with this advice. Emotions can cloud judgment and lead to impulsive decisions, which can ultimately result in losses. It's important to approach investing and trading with a level head and a well-thought-out strategy. By investing a small portion of your portfolio and avoiding emotional decision-making, you can reduce your risk and increase your chances of success in the long run.

You can avoid losing a lot if you know how to balance your emotions and your strategy, there are factors that affecting your strategy and without the proper knowledge in how to control, emotions will swallow you and drives you to mistakenly project the next market movements, it's really needed to have the right understanding with the business or investment that you are taking.

It will be safer to invest with set plans and strategy and be firmed with how you perceive the market without any influence from your emotions.
In trading, of course, it is very important to have a clear mind because when it is dominated by emotions, it is not impossible that it will harm us,
I agree with what you said and indeed the key is to balance,
we know for ourselves that trading is so complex that we need to prepare a lot of things.
Easy to say but when you are on the actual situation where your trades are really that something going on the floor or having huge reds or negatives then it cant really be that avoided that you wont really be making
out some reactions on which it is really that very common on a certain person no matter how experienced you are but of course this is something that we should really need up to control or else we would really be having that a hard time on making ourselves that get improved in times like this. Never trade on emotions because if you do let your emotions do kicks in then you would defintely be messing up your
trading plans and goals which you have set earlier.In short its not something that you should let on mixing things up.

R


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GelatikKembar
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April 18, 2023, 09:36:40 PM
 #196

it's better if we don't get emotional when trading, because that can make trading chaotic, it's proven when I did it,
when I first traded in futures the emotion came because I felt I was winning and kept doing it even though I was already profitable and in the end my profit was gone in an instant,
I hope you also don't feel sad like me.

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omgitsmehehe
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April 18, 2023, 09:56:19 PM
 #197

it's better if we don't get emotional when trading, because that can make trading chaotic, it's proven when I did it,
when I first traded in futures the emotion came because I felt I was winning and kept doing it even though I was already profitable and in the end my profit was gone in an instant,
I hope you also don't feel sad like me.
Trading with emotions will only make us run at a loss in trading. It's never advisable to trade with the mindset of revenging your losses, because that will only give room to more losses. We need to possess the qualities to be able to maintain a stable motive towards trading and be ready to face the results with good stability of the mind. Trading and ending in profits doesn't mean that's how we're going to continue making profits, there are times losses will come, but we should make sure that our profits covers all losses in trades.

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April 19, 2023, 05:37:49 PM
 #198

Outside been emotional or not,it's first advisable you learn trading first before investing, that has always been my advice to any bitcoiner, is more confident if you know about trading before investing, it gives you the opportunity to have more profits than loses.
Op thanks for your advices though,I know most people trade and channel their emotions into trading which might be very normal mostly when they incurre loses, the hurry, panic , doubt, anger that comes when loses are been incured, so in order for a bitcoiner not to be so emotional, please learn and understand trading first before investing...

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martyns
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April 19, 2023, 09:48:25 PM
 #199

Outside been emotional or not,it's first advisable you learn trading first before investing, that has always been my advice to any bitcoiner, is more confident if you know about trading before investing, it gives you the opportunity to have more profits than loses.
Op thanks for your advices though,I know most people trade and channel their emotions into trading which might be very normal mostly when they incurre loses, the hurry, panic , doubt, anger that comes when loses are been incured, so in order for a bitcoiner not to be so emotional, please learn and understand trading first before investing...
You are correct on the fact that one must learn how to trade first before investing,some person go into trading without thinking of the risk involved,they have no grounded knowledge about what trading is all about,they take risk without calculating.It is good and wise to make proper research before you venture into any form of trading,either long term or short term.

Is there any way in which one can ever trade without thinking about the money he or she has spent on the coin? We are talking about trading without emotions,and to me,it's very difficult because every time I'm done investing,I must have a deep thought about the money I spent on that product,and would expect a massive return.I just have to try very hard to trade like a robot.
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April 19, 2023, 10:37:41 PM
 #200

Outside been emotional or not,it's first advisable you learn trading...
Agreed, because market sentiments are one of the main factors that encourage us to do dumb shits. because I had also fallen for them many times and made great losses. Like, even if you have become a pro trader after getting started and spending a hell lot of time learning new things, there comes a point where, every person falls prey to market sentiments, because such behavior of the market is so unpredictable, just like the current state of the market, in which BTC is testing its support line of 29k even there is no activity in fundamental factors.

I also covered a topic Don’t Fall Prey to these Market Sentiments and Save your Bitcoin, in which i covered four main types of market sentiments that we should avoid with details.

Trading and ending in profits doesn't mean that's how we're going to continue making profits, there are times losses will come, but we should make sure that our profits covers all losses in trades.
Exactly, you had explained it all in short form, i read a topic recently about Does anyone notice the "investment cost" ?, which also emphasizes the same point. For example, most of us like myself (at the start) do not want to learn fundamental and technical analysis, instead just want to make straight money overnight that could make us rich. How did we get that mentality? That's another level of discussion but for now, we have to understand the flaws and shadows of the trading system, we should not always focus on the bright side of it. because if we ignore the dark side then we definitely going into it.

Black susano
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April 20, 2023, 09:11:05 AM
 #201

I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio. Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.


Firstly what is emotions?
well emotions is a strong feeling deriving from ones circumstance, or relationship s with others. while trading one emotions is when a trader or investor let's personal feeling and emotions impact their decision_making
emotions can make you lost everything mostly greed.
Mame89
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April 20, 2023, 01:04:49 PM
 #202

I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio. Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.
I think this is a very important note and needs to be considered by traders. Emotions such as fear, greed and hopelessness can affect a person's ability to make rational and objective investment decisions. When a trader is overly emotional, he may be inclined to take unbalanced risks or sell bitcoins quickly without considering long-term factors. In such situations, the decisions taken may not be based on sound analysis and may have a negative impact on investment returns.

It is very important for traders to control their emotions and consider investment decisions properly and correctly. Some ways that can help manage emotions when trading include paying attention to market knowledge gained through analysis and experience, as well as maintaining a well-prepared trading plan.

R


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jeraldskie11
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April 20, 2023, 02:42:19 PM
 #203

it's better if we don't get emotional when trading, because that can make trading chaotic, it's proven when I did it,
when I first traded in futures the emotion came because I felt I was winning and kept doing it even though I was already profitable and in the end my profit was gone in an instant,
I hope you also don't feel sad like me.
You are not alone. Many traders, including competent and professional traders, have suffered significant losses in trading before. That is why, even though we have the same strategy, our execution differs since we have emotions and apply psychology every time we trade. They say that if you have a string of losses, you should rest and engage in things that will help you ease the stress cause by trading, and this is accurate. Dive, climb, travel, and other activities are among them. Personally, I enjoy going fishing and playing basketball. When I feel better, I will resume to trading.

💀|.
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April 20, 2023, 03:06:11 PM
 #204

it's better if we don't get emotional when trading, because that can make trading chaotic, it's proven when I did it,
when I first traded in futures the emotion came because I felt I was winning and kept doing it even though I was already profitable and in the end my profit was gone in an instant,
I hope you also don't feel sad like me.
You are not alone. Many traders, including competent and professional traders, have suffered significant losses in trading before. That is why, even though we have the same strategy, our execution differs since we have emotions and apply psychology every time we trade. They say that if you have a string of losses, you should rest and engage in things that will help you ease the stress cause by trading, and this is accurate. Dive, climb, travel, and other activities are among them. Personally, I enjoy going fishing and playing basketball. When I feel better, I will resume to trading.

You needed that rest not to continue your losing streak, most of the time when traders keep trying to push forward to recover their losses they find themselves losing more, and it's not only those newcomers but also experienced traders suffers from this problem, and the good thing is to find a good diversion to regain your focus and for you to find the right sets of strategy before trying your trade again.

With better analysis and assessment, together with fresh mindsets, you'll be able to find the way to slowly go back on track.

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April 20, 2023, 11:51:34 PM
 #205

it's better if we don't get emotional when trading, because that can make trading chaotic, it's proven when I did it,
when I first traded in futures the emotion came because I felt I was winning and kept doing it even though I was already profitable and in the end my profit was gone in an instant,
I hope you also don't feel sad like me.
You are not alone. Many traders, including competent and professional traders, have suffered significant losses in trading before. That is why, even though we have the same strategy, our execution differs since we have emotions and apply psychology every time we trade. They say that if you have a string of losses, you should rest and engage in things that will help you ease the stress cause by trading, and this is accurate. Dive, climb, travel, and other activities are among them. Personally, I enjoy going fishing and playing basketball. When I feel better, I will resume to trading.

You needed that rest not to continue your losing streak, most of the time when traders keep trying to push forward to recover their losses they find themselves losing more, and it's not only those newcomers but also experienced traders suffers from this problem, and the good thing is to find a good diversion to regain your focus and for you to find the right sets of strategy before trying your trade again.

With better analysis and assessment, together with fresh mindsets, you'll be able to find the way to slowly go back on track.

When you do see a particular session or time on which you are experiencing losses or streaks then you should consider on having a break or stop and reassess on whats going on or simply trying out to relax because there
are really times which the market is really that too unpredictable or does made out some random swings which it would really cause up for you to stir your emotions and if you arent that good on handling your emotions
then you would really be definitely be able to commit lots of errors and mistakes which is something that we do need to avoid as much as we could.

R


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April 21, 2023, 12:05:18 PM
 #206

Emotions arise as a result of tension, as you indicated. I believe stress can also cause them. Thank you for your guidance, @OP. I feel this advice can be used to all traders, not just beginner traders.As the writer indicated, you cannot be angry, hurried, or emotional while trading. If you do, I believe you are putting your money at danger and risk losing it.

For the new traders I believe these can happen to them when they're new in the process and loosing all the time especially anger hurry and emotions.

R


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April 21, 2023, 01:49:42 PM
 #207

it's better if we don't get emotional when trading, because that can make trading chaotic, it's proven when I did it,
when I first traded in futures the emotion came because I felt I was winning and kept doing it even though I was already profitable and in the end my profit was gone in an instant,
I hope you also don't feel sad like me.
Trading with emotions will only make us run at a loss in trading. It's never advisable to trade with the mindset of revenging your losses, because that will only give room to more losses. We need to possess the qualities to be able to maintain a stable motive towards trading and be ready to face the results with good stability of the mind. Trading and ending in profits doesn't mean that's how we're going to continue making profits, there are times losses will come, but we should make sure that our profits covers all losses in trades.
Trading with emotions as a trader is wrong,  it won't yield to any result. Trading with emotions is just as a revenge to gain back money that was loss. Trading needs to be done with a clear mind that is positive,  trading with with emotions has exceed just trading.  At this point trading it is no longer called trading but gambling just  to  obtain profits at all cost.  If  people have the real understanding of trading I don't think they will choose or make decisions to trade in emotions.

R


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April 21, 2023, 04:28:15 PM
 #208

it's better if we don't get emotional when trading, because that can make trading chaotic, it's proven when I did it,
when I first traded in futures the emotion came because I felt I was winning and kept doing it even though I was already profitable and in the end my profit was gone in an instant,
I hope you also don't feel sad like me.
Trading with emotions will only make us run at a loss in trading. It's never advisable to trade with the mindset of revenging your losses, because that will only give room to more losses. We need to possess the qualities to be able to maintain a stable motive towards trading and be ready to face the results with good stability of the mind. Trading and ending in profits doesn't mean that's how we're going to continue making profits, there are times losses will come, but we should make sure that our profits covers all losses in trades.
Trading with emotions as a trader is wrong,  it won't yield to any result. Trading with emotions is just as a revenge to gain back money that was loss. Trading needs to be done with a clear mind that is positive,  trading with with emotions has exceed just trading.  At this point trading it is no longer called trading but gambling just  to  obtain profits at all cost.  If  people have the real understanding of trading I don't think they will choose or make decisions to trade in emotions.

Clear mind in each trading participation that you'll going to invest your money, I like that idea that you should not work with this business if you still have that emotions that can dominate your decision making, it will affect your investment hardly as being afraid to see you losing can just create more problem when you are inside the market.

Better to rest yourself for a while if you suffer from losing. Continue to study any possibility of bouncing back and slowly recover your money.

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April 21, 2023, 11:41:35 PM
 #209

Trading with emotions as a trader is wrong,  it won't yield to any result. Trading with emotions is just as a revenge to gain back money that was loss. Trading needs to be done with a clear mind that is positive,  trading with with emotions has exceed just trading.  At this point trading it is no longer called trading but gambling just  to  obtain profits at all cost.  If  people have the real understanding of trading I don't think they will choose or make decisions to trade in emotions.

It is impossible to trade without emotions, because a human being is not a robot. It is impossible to control all your actions all the time, otherwise you will get "emotional burnout" or overstrain, as a result of which you will make a mistake anyway. You yourself experience emotions while trading, don't you? Most likely, yes. If you want to trade without emotion, set up a trading bot.
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April 22, 2023, 12:07:39 AM
 #210

I would like to give some advice, especially to those who are new to the market. Whoever there is a pump in the market, you think you should invest in Bitcoin and Altcoins and you may benefit from it. But after your investment, the market goes down, and you think you are losing money, so you sell everything, again when you see the market go up you invest. This may you to get hurt again and again and again. So whenever you have to invest, invest a small portion of your portfolio. Never trade on emotions calculate well and then invest in it, also the type of people who lose in trading the et are the ones who"
- panic
- Doubt
- Hurry
- Fomo
- Angry
- worried
A major key for a trader is your enemy is always his emotions.

Couldn't of said it better. Never let your emotions take hold of your loss. I used to when I was a new trader, but I had to learn throughout the years that doing that is not beneficial.
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April 22, 2023, 01:03:20 AM
 #211

Trading with emotions as a trader is wrong,  it won't yield to any result. Trading with emotions is just as a revenge to gain back money that was loss. Trading needs to be done with a clear mind that is positive,  trading with with emotions has exceed just trading.  At this point trading it is no longer called trading but gambling just  to  obtain profits at all cost.  If  people have the real understanding of trading I don't think they will choose or make decisions to trade in emotions.

It is impossible to trade without emotions, because a human being is not a robot. It is impossible to control all your actions all the time, otherwise you will get "emotional burnout" or overstrain, as a result of which you will make a mistake anyway. You yourself experience emotions while trading, don't you? Most likely, yes. If you want to trade without emotion, set up a trading bot.

You have a point but it doesn't mean that you will control it always , there are really times that you've got panic but what it meant is that dont get carried away of being panic like you well sell of as the price goes down. We are human we have emotions but it shouldn't affect our trading style and strategies as this could lead to losses. It is like in our daily job if we got angry if we dont control our emotions we could punch our boss right ?
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April 22, 2023, 09:28:50 PM
Last edit: April 23, 2023, 01:36:28 PM by Kgdktac
 #212

Well said! I think You rightly listed the major emotional manifestations of a human person. A guy once said that if you are emotional about your wins and losses the market will milk you dry, and looking back that almost a basic Truth in Trading, along the likes of "the Trend is Your Friend"

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April 22, 2023, 10:30:31 PM
 #213

Trading with emotions as a trader is wrong,  it won't yield to any result. Trading with emotions is just as a revenge to gain back money that was loss. Trading needs to be done with a clear mind that is positive,  trading with with emotions has exceed just trading.  At this point trading it is no longer called trading but gambling just  to  obtain profits at all cost.  If  people have the real understanding of trading I don't think they will choose or make decisions to trade in emotions.

It is impossible to trade without emotions, because a human being is not a robot. It is impossible to control all your actions all the time, otherwise you will get "emotional burnout" or overstrain, as a result of which you will make a mistake anyway. You yourself experience emotions while trading, don't you? Most likely, yes. If you want to trade without emotion, set up a trading bot.

You have a point but it doesn't mean that you will control it always , there are really times that you've got panic but what it meant is that dont get carried away of being panic like you well sell of as the price goes down. We are human we have emotions but it shouldn't affect our trading style and strategies as this could lead to losses. It is like in our daily job if we got angry if we dont control our emotions we could punch our boss right ?
There are really indeed moments which our emotions do kicks in on a particular situation on which it cant really be avoided no matter how experienced you are and no matter how aware which its something that do really you wont be able to control but somewhat if you are that person who does have that good control then they are really that something that aware on what are the things that should be done at least.
Compared into those noobs who would really be committing lots of errors and mistakes and this is why you should really be avoiding on trading up with emotions. It wont really be that simple
or easy but once you do able to handle up yourself that well then you would really be able to see its benefits.

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Twentyonepaylots
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April 22, 2023, 11:20:08 PM
 #214

Trading with emotions as a trader is wrong,  it won't yield to any result. Trading with emotions is just as a revenge to gain back money that was loss. Trading needs to be done with a clear mind that is positive,  trading with with emotions has exceed just trading.  At this point trading it is no longer called trading but gambling just  to  obtain profits at all cost.  If  people have the real understanding of trading I don't think they will choose or make decisions to trade in emotions.

It is impossible to trade without emotions, because a human being is not a robot. It is impossible to control all your actions all the time, otherwise you will get "emotional burnout" or overstrain, as a result of which you will make a mistake anyway. You yourself experience emotions while trading, don't you? Most likely, yes. If you want to trade without emotion, set up a trading bot.

I agree with the notion that it is really impossible to trade without emotion as every risky thing that we would do, even if we really accept the risk associated with it, we can never deny the fact that there would be an emotion that goes with it. It is normal to have those emotion but we should really know how and when to stop since it is proven that having strong emotions would cause some bad decisions, so it is better for us to have a pause with it so we can think of it further after getting ourselves together. So, it is right to never trade on emotions, thus, at the end, we should be able to control it as we can use every experience with our emotion to better our actions toward trading activities.
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April 22, 2023, 11:25:37 PM
 #215

Well said! I think brightly listed the major emotional manifestations of a human person. A guy once said that if you are emotional about your wins and losses the market will milk you dry.
Is it really possible to win without being emotional about it? Is it really possible to lose without having a deep thought about the money that got wasted?No,every trade is done for the purpose of making profit,and when those profit do not come,there is every tendency that it might affect the trader in one way or the other.it is important to note that every major transaction done has a way of touching our emotions.I think the only way one can make transaction without being emotional is when you make trade become a game,it becomes a game in the sense that you just trade base on the fact that you want to try your luck.When it is seen as something that can always fail you,it won't hurt you when you eventually lose,but when all your hope is on making profit,that's when the pain comes.
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April 23, 2023, 02:49:38 AM
 #216

You are not alone. Many traders, including competent and professional traders, have suffered significant losses in trading before. That is why, even though we have the same strategy, our execution differs since we have emotions and apply psychology every time we trade. They say that if you have a string of losses, you should rest and engage in things that will help you ease the stress cause by trading, and this is accurate. Dive, climb, travel, and other activities are among them. Personally, I enjoy going fishing and playing basketball. When I feel better, I will resume to trading.

Indeed, you will be able to control your emotions over time. At least, I feel that from my own experience. Feelings depend on your previous experience and your age as well. I remember back in the old days; I cried a lot when I lost my smartphone. At that time, I wasn't able to control myself. A Year ago, Couple of my computer with my Mining GPU's Burned in a thunder storm. I was sad but still if I compare my feelings with that two incident, The first one was more deep.

Sometimes those things depends on how much experienced you are. Sometimes you will realize that you are not getting hurted anymore. A few weeks ago I lost a couple of hundred dollars assets and my feeling was like whatever, Go ON. These things happens. If your age is over 30, I would say go for what you love most. If you have toddlers, spend time with them. This is the most busy and relaxing thing.

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April 23, 2023, 03:29:35 AM
 #217

Quote

A major key for a trader is your enemy is always his emotions.

Emotions are very important in cryptocurrency trading. Especially new traders often face difficulties in controlling their emotions. Because no trade can be guaranteed to be 100% correct. And when they enter any trade, if the price goes down instead of up, they immediately panic,And often close their trade at a loss. Often after selling, the price starts to go up again.Because the nature of the market is that it goes up and down. Experienced traders understand this and never get emotional. This is the problem with every trader in the beginning, but once he gets in tune with the market and gets experience, he also gets control over his emotions. Because it is a natural process, people who are new to any field often show nervousness and impatience. But as experience goes on, they control all these things.


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April 23, 2023, 03:40:31 AM
 #218

These six points are the main causes of failure.
Because you discussed it for trading activity, that's the main reason people fail to achieve success when doing it.

In other business worlds these six points can also be a trigger for someone to fail to reach their goal, namely bankrupt.
Those who are able to manage all these points well have a high chance of achieving success.
However, what makes me wonder is that in this modern era, there are still types of people who can (panic, get angry, rush, etc.) carry out their activities.

see, guide and lift us when we fall
Reminder: do not keep your money in online accounts
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April 23, 2023, 12:59:26 PM
 #219

It's important to never let emotions guide your trading decisions as it can lead to irrational actions and financial losses. Keep a cool head and stick to your trading plan.
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April 23, 2023, 01:25:59 PM
 #220

Emotion seems to be simple but it is very difficult to control. Every trader is a human they can be experienced or inexperienced, there is a place for emotions in everyone. It is difficult to understand when an experienced trader is trading on emotion. But if one is careless according to his situation then he must take a break otherwise there is a possibility of facing huge losses. Especially when a trader is in humanitarian distress, he should not take new entry in trading. It is the right time for a trader to trade when he is fully stress free.

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April 30, 2023, 04:38:50 PM
 #221

I completely agree with this advice. Emotions can cloud judgment and lead to impulsive decisions, which can ultimately result in losses. It's important to approach investing and trading with a level head and a well-thought-out strategy. By investing a small portion of your portfolio and avoiding emotional decision-making, you can reduce your risk and increase your chances of success in the long run.

It is that it is very difficult to do something like this, everyone says they talk about Controlling and having patience, but you have to be there operating to know what it Feels like, what goes through your head and Sometimes the Fear of losing, if people controlled Emotions did not Exist in cases of arterial Hypertension or Similar,including heart Attacks, I have not come across anyone in life who tells me that if I control emoticons and that I know that I do ,Emotions are something we Must deal with. learn to cobvivir and try to have "Some" control for Health and not to lose Money, this Case always Happens in casinos too.

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May 01, 2023, 06:06:09 PM
 #222

I completely agree with this advice. Emotions can cloud judgment and lead to impulsive decisions, which can ultimately result in losses. It's important to approach investing and trading with a level head and a well-thought-out strategy. By investing a small portion of your portfolio and avoiding emotional decision-making, you can reduce your risk and increase your chances of success in the long run.

It is that it is very difficult to do something like this, everyone says they talk about Controlling and having patience, but you have to be there operating to know what it Feels like, what goes through your head and Sometimes the Fear of losing, if people controlled Emotions did not Exist in cases of arterial Hypertension or Similar,including heart Attacks, I have not come across anyone in life who tells me that if I control emoticons and that I know that I do ,Emotions are something we Must deal with. learn to cobvivir and try to have "Some" control for Health and not to lose Money, this Case always Happens in casinos too.


Yeah, you need to really practice that control inside you, the limitation and the emotions that most of the time influences every decision that you will going to take while inside this venue of investment, it's a big effect to your trade when you feel the aggressions and the fear which very common when you are dealing with trading.

You must have that set of limitation each time you place your position and keep in mind that it was your hard earned money
that you need to protect before you decide on your next step.

..Stake.com..   ▄████████████████████████████████████▄
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dunfida
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May 01, 2023, 09:27:35 PM
 #223

I completely agree with this advice. Emotions can cloud judgment and lead to impulsive decisions, which can ultimately result in losses. It's important to approach investing and trading with a level head and a well-thought-out strategy. By investing a small portion of your portfolio and avoiding emotional decision-making, you can reduce your risk and increase your chances of success in the long run.

It is that it is very difficult to do something like this, everyone says they talk about Controlling and having patience, but you have to be there operating to know what it Feels like, what goes through your head and Sometimes the Fear of losing, if people controlled Emotions did not Exist in cases of arterial Hypertension or Similar,including heart Attacks, I have not come across anyone in life who tells me that if I control emoticons and that I know that I do ,Emotions are something we Must deal with. learn to cobvivir and try to have "Some" control for Health and not to lose Money, this Case always Happens in casinos too.


Yeah, you need to really practice that control inside you, the limitation and the emotions that most of the time influences every decision that you will going to take while inside this venue of investment, it's a big effect to your trade when you feel the aggressions and the fear which very common when you are dealing with trading.

You must have that set of limitation each time you place your position and keep in mind that it was your hard earned money
that you need to protect before you decide on your next step.

If you are a type of person who is really that could easily realize on what are the things which you do lack specially when you do find yourself that emotional on some aspect.If ever you do see on this case then you could really do such immediate step to get rid of it but of course everything would really be basing or depending up with real experience and made out adjustments after that. Trading when you are on a condition
on which you are emotionally unstable then you would really be that prone into lots of errors and mistakes which is something that you would really be needing to avoid because it would be never that ideal
on having that kind of condition where you are really that unstable.

You would really be finding yourself into impulsive decisions and actions since your emotion is really at that been affected. You would be soon able to find out on what mistake you
had committed which you would realize that you should keep your cool and make your goal and mindset been intact.

Josefjix
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May 02, 2023, 05:25:27 AM
 #224

Yeah, you need to really practice that control inside you, the limitation and the emotions that most of the time influences every decision that you will going to take while inside this venue of investment, it's a big effect to your trade when you feel the aggressions and the fear which very common when you are dealing with trading.

You must have that set of limitation each time you place your position and keep in mind that it was your hard earned money
that you need to protect before you decide on your next step.

Accessing steady emotions for trading is challenging, but with good trade analysis, it is not as difficult. Control everything inside you and be able to direct it to your trading region of concentrate. Profits and losses are made on a regular basis, therefore it is important to plan to be on the winning side. When a trader places a trade, he or she is on a completely different level, with a lot on his or her mind. Trading with emotions has resulted in the largest liquidation of trading accounts throughout the years and still counting; an unbalanced strategy leads to FOMO and FUD, demonstrating that both sides are completely off track.

R


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May 02, 2023, 09:07:06 AM
 #225

The basic key in trading is not to be greedy, be patient, and don't panic. they are all emotions that need to be controlled. however, there are still quite a lot of emotions that need to be managed as the OP mentioned. After all, it is advice passed down from generation to generation by people who have traded before. Very many people have suffered losses because they could not control their emotions, and I have felt that too. Well, so when trading, try to control your emotions. This can make you make the right decision.

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globalpain
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May 02, 2023, 09:44:41 AM
 #226

from my experience indeed when trading using emotions what happens is destruction,
and one of the very terrible emotions is dissatisfaction with what you have achieved,
I experienced when I traded on Binance futures and I earned $ 300 overnight,
after that I really wanted more and the result is that I lost $ 300 and my capital $ 100,
yes this is why I can say it and hopefully everyone here can also control your emotions when trading.

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Fredomago
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May 02, 2023, 05:24:07 PM
 #227

Yeah, you need to really practice that control inside you, the limitation and the emotions that most of the time influences every decision that you will going to take while inside this venue of investment, it's a big effect to your trade when you feel the aggressions and the fear which very common when you are dealing with trading.

You must have that set of limitation each time you place your position and keep in mind that it was your hard earned money
that you need to protect before you decide on your next step.

Accessing steady emotions for trading is challenging, but with good trade analysis, it is not as difficult. Control everything inside you and be able to direct it to your trading region of concentrate. Profits and losses are made on a regular basis, therefore it is important to plan to be on the winning side. When a trader places a trade, he or she is on a completely different level, with a lot on his or her mind. Trading with emotions has resulted in the largest liquidation of trading accounts throughout the years and still counting; an unbalanced strategy leads to FOMO and FUD, demonstrating that both sides are completely off track.

Exactly, without planning ahead and without good control of your emotions you will end up as fomoing or following the fud which can really hurt your trading engagements, you need to have a steady mindset or a clear vision with what you wanted to end you session not just to follow the emotion around the market.

Though there are times that you needed to adjust but you should always have a much clearer anticipation to avoid losing your trade.

Emotionless trade can be performed depending on how you analyze and how you manage to study the business. The more you understand, the better anticipation you have, and can result to a better trading executions.

..Stake.com..   ▄████████████████████████████████████▄
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death69
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May 02, 2023, 08:58:44 PM
 #228

I completely agree with this advice. Emotions can cloud judgment and lead to impulsive decisions, which can ultimately result in losses. It's important to approach investing and trading with a level head and a well-thought-out strategy. By investing a small portion of your portfolio and avoiding emotional decision-making, you can reduce your risk and increase your chances of success in the long run.

It is that it is very difficult to do something like this, everyone says they talk about Controlling and having patience, but you have to be there operating to know what it Feels like, what goes through your head and Sometimes the Fear of losing, if people controlled Emotions did not Exist in cases of arterial Hypertension or Similar,including heart Attacks, I have not come across anyone in life who tells me that if I control emoticons and that I know that I do ,Emotions are something we Must deal with. learn to cobvivir and try to have "Some" control for Health and not to lose Money, this Case always Happens in casinos too.


Yeah, you need to really practice that control inside you, the limitation and the emotions that most of the time influences every decision that you will going to take while inside this venue of investment, it's a big effect to your trade when you feel the aggressions and the fear which very common when you are dealing with trading.

You must have that set of limitation each time you place your position and keep in mind that it was your hard earned money
that you need to protect before you decide on your next step.

If you are a type of person who is really that could easily realize on what are the things which you do lack specially when you do find yourself that emotional on some aspect.If ever you do see on this case then you could really do such immediate step to get rid of it but of course everything would really be basing or depending up with real experience and made out adjustments after that. Trading when you are on a condition
on which you are emotionally unstable then you would really be that prone into lots of errors and mistakes which is something that you would really be needing to avoid because it would be never that ideal
on having that kind of condition where you are really that unstable.

You would really be finding yourself into impulsive decisions and actions since your emotion is really at that been affected. You would be soon able to find out on what mistake you
had committed which you would realize that you should keep your cool and make your goal and mindset been intact.
Trading's like keeping a ravenous feline from chowing down on kibble – it's a game of self-restraint and discipline. Lose your cool, and you'll find yourself with a lap cat and empty kibble dishes. But on the real, investing's a slippery slope to traverse. It's a cinch to get sucked into the adrenaline rush and overlook the hazards. That's why you gotta have your rulebook and limits locked down before diving in.

For yours truly, it's about keeping emotions on a leash and zeroing in on my objectives. So I take time-outs when needed, stay in the loop with market vibes, and keep my head frosty when trouble brews. Sure, I might itch to make a snap call or gamble bigger than I ought to. But when the dust settles, it's all about the grit to stick to my blueprint and honor my principles. So if trading's calling your name, here's my two cents: stay chill, power through, and don't forget the kibble's meant for the kitty, not you.
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May 02, 2023, 10:27:21 PM
 #229

The process of trading brings a certain adrenaline rush. That's why it's hard to restrain your emotions - we are not robots. A person behaves reasonably up to a certain point. Then one small mistake and impulsive actions can occur. That's why you should not restrain your emotions too much either.
Aanuoluwatofunmi
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May 03, 2023, 02:35:59 PM
 #230

It's important to never let emotions guide your trading decisions as it can lead to irrational actions and financial losses. Keep a cool head and stick to your trading plan.

Nice advice, let everyone get to control himself from being too emotional in trading, not only that but we must also learn to take decisions on our own, it's not that we should completely neglect others view on trading because we cannot know it all, but our own decision also must have a stand, there are ways we could improve on our trading skills by learning from many sources, if we add up all these together with not being emotional, our decis will be on purpose and not through persuasion or frustration.

.
SPIN

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May 03, 2023, 04:23:15 PM
 #231

I think it's normal if we have a little greed in trading, but remember our initial goal of trading is to earn not to reduce our investment assets with great greed. Greed or any excessive emotion in trading brings us closer to big losses. this is not only a matter of charts, but also psychology will be used when trading. We must be able to think as clearly as possible in making decisions.
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May 03, 2023, 09:58:26 PM
 #232

Yeah, you need to really practice that control inside you, the limitation and the emotions that most of the time influences every decision that you will going to take while inside this venue of investment, it's a big effect to your trade when you feel the aggressions and the fear which very common when you are dealing with trading.

You must have that set of limitation each time you place your position and keep in mind that it was your hard earned money
that you need to protect before you decide on your next step.

Accessing steady emotions for trading is challenging, but with good trade analysis, it is not as difficult. Control everything inside you and be able to direct it to your trading region of concentrate. Profits and losses are made on a regular basis, therefore it is important to plan to be on the winning side. When a trader places a trade, he or she is on a completely different level, with a lot on his or her mind. Trading with emotions has resulted in the largest liquidation of trading accounts throughout the years and still counting; an unbalanced strategy leads to FOMO and FUD, demonstrating that both sides are completely off track.

Exactly, without planning ahead and without good control of your emotions you will end up as fomoing or following the fud which can really hurt your trading engagements, you need to have a steady mindset or a clear vision with what you wanted to end you session not just to follow the emotion around the market.

Though there are times that you needed to adjust but you should always have a much clearer anticipation to avoid losing your trade.

Emotionless trade can be performed depending on how you analyze and how you manage to study the business. The more you understand, the better anticipation you have, and can result to a better trading executions.
Fomoing or really just easily get affected with some fud in the market and this is why emotional strength is something which needs to be enhanced when you do deal up on a market which is really that unpredictable.
Which as humans are really that having that impulsive approach and emotions into it which it would really be just that normal that we would really be making out mistakes out of those impulsive reactions.
Never ever make yourself consider on making trades on the time that your emotion is really that mainly affected. You wouldnt really know on how far extent on which you would be losing money money due to bad
decisions which is something that we do need to avoid as much as we can.


I think it's normal if we have a little greed in trading, but remember our initial goal of trading is to earn not to reduce our investment assets with great greed. Greed or any excessive emotion in trading brings us closer to big losses. this is not only a matter of charts, but also psychology will be used when trading. We must be able to think as clearly as possible in making decisions.
Really that normal on which we do make ourselves having that greed mode on the time that we are really that seeing greens on our investment.We do normally
ask for more which it cant be avoided to hold up your position instead of taking profits would really be just that normal.This is why taking risks
on every decision would really be that crucial.

R


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May 08, 2023, 12:06:03 AM
 #233

I know some friends who trade based on their emcoins, I say they do it that way because they don't do any kind of technical analysis, they don't follow signs,it's from groups or something similar, but they see news and are aware of the news and operate based on So, and obviously they lose a lot, but they don't take much Importance to them because they are people who I would say are "rich from the cradle" if they lose it's like removing a hair from a cat, it doesn't affect them, so they are very volatile in the sense that If they see something, they buy it and just because it's in style, that's how they trade.

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May 08, 2023, 06:45:14 PM
 #234

I know some friends who trade based on their emcoins, I say they do it that way because they don't do any kind of technical analysis, they don't follow signs,it's from groups or something similar, but they see news and are aware of the news and operate based on So, and obviously they lose a lot, but they don't take much Importance to them because they are people who I would say are "rich from the cradle" if they lose it's like removing a hair from a cat, it doesn't affect them, so they are very volatile in the sense that If they see something, they buy it and just because it's in style, that's how they trade.


Wow, lucky them that they don't need to worry whatever the outcome of their trades, and for sure many of us can afford that one, more or less we are here because we wanted to earn and be successful from this venue of investment, there are people who were born lucky, coming from a rich family who have a good capacity to overspent their money.

With or without emotions, there's no comparison for them. They are just going to do whatever they think that will let them enjoy.

And then again, not all of us or many of us have that same exact position as those lucky ones who got this big advantage.

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May 11, 2023, 03:34:52 PM
 #235

It's important to never let emotions guide your trading decisions as it can lead to irrational actions and financial losses. Keep a cool head and stick to your trading plan.
it is not easy for an ordinary person, especially a beginner trader, to be able to manage emotions well, it takes special training such as meditation so that someone is able to manage emotions properly and regularly, so as a trader, if you want emotions to be stable, your lifestyle must be healthy (Maintain diet, sleep and exercise patterns)

Quote
Choose healthy and balanced meals
Drink lots of water
Limit consumption of caffeine
Avoid fast food and junk food
Eat when I am NOT hungry (body never gets to that craving level)

[1] https://futures.io/off-topic/7742-traders-diet-what-do-you-eat.html

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Jumping Jacks
wall sit
Pushups
Ab crunches
Chair steps
Squats
Chair triceps
Plank
yoga
Pilates

[1] https://news.tradimo.com/exercise-for-busy-traders/

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May 12, 2023, 01:17:58 AM
Last edit: May 15, 2023, 03:18:55 PM by RewFrew
 #236

Emotional trading always very helpful for a trader.If anyone trade Emotionally he will loss there has no doubt. For real trade we we have to avoid Emotion. For Emotional trading can distroy our valuable fund. Actually emotion controlling is very difficult for us, but for good profit from trading we have to control emotion. For control emotion we need proper training and need proper knowledge about trading. Then we will able to control emotion and we will able to profit.

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May 13, 2023, 02:27:28 PM
 #237

Emotional trading always very helpful for a trader.

        In my opinion, It will be very vast time and condition, when you are trading with emotions. Because emotional trade can unluckily give the earnings .i.e for one time only. Amongst the all other rule of trading, at first you should be in peace before taking any step.
       
       Before any trade , I would like to tell you that be kept in your mind about the volume, depth, capitalization, trending and ranking of any coin, and after the technical analysis, take a solid step with marginal spaces and must apply stop limit to prevent any loss , specially in those cases where your are assuming that market is fluctuating.
 


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May 13, 2023, 02:36:32 PM
 #238

One cannot completely remove emotions from trading,but rather control it because too much of it in trading will simply results to lots of losses.Instead one should learn to be patient when it comes to trading cause it's just like a mind game, to make profits you need learn how to control your mind.

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May 13, 2023, 05:58:56 PM
 #239

@op, trading and investing are two ways of making money in the financial market, so please take note differentiate the two when making a post like this to avoid confusion.

Investing in crypto simply means buying and holding for some time, could be long or short, but the most important thing here is that, if someone is actually investing in crypto, the immediate price movement of the crypto invested in shouldn't bother the person, since the person is invested for either short term, which ranges from 3 to six months, or long term is starts from 1 year and up..

Trading on the other hand is the immediate buying and reselling for Witter profit or loss, it is not actually bad to make some losses in trading sometimes, most especially when a better opportunity for profit is found and money needed to take advantage of it, you have no choice but to sell off another coin at a loss and take advantage of the found opportunity or loose it.

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