Experience of failure and success can help us control the emotions.

[Franctoshi]

Emotion is one key aspect of trading that is very important, Uncontrolled emotios can lead you in taking wrong decision while trading.
The best way one can learn is from experience, those professional and portable traders out there, mostly is as a result of long term trading mistake, failure and experience and their ability to use all this in their own advantage, which has helped them to becoming what they're today.

[Hamphser]

Emotion is one key aspect of trading that is very important, Uncontrolled emotios can lead you in taking wrong decision while trading.
The best way one can learn is from experience, those professional and portable traders out there, mostly is as a result of long term trading mistake, failure and experience and their ability to use all this in their own advantage, which has helped them to becoming what they're today.

When you arent that good of handling out your emotions then this is where it would really be affecting out your early plans that had been made which it is really just that right that you should really be that mindful on how you should really be controlling it or else it would really be messing up your entire goal.On the time that you do able to handle out your emotions then you could really be able to simply make things go
according into your plan since you do really have already that discipline and control which you do really need. Its true that failure are the best teacher because you cant really be able to
learn up things if you dont experience errors because this is where usually people do learn and not on the time that you are earning.

[borovichok]

Emotion is one key aspect of trading that is very important, Uncontrolled emotios can lead you in taking wrong decision while trading.
The best way one can learn is from experience, those professional and portable traders out there, mostly is as a result of long term trading mistake, failure and experience and their ability to use all this in their own advantage, which has helped them to becoming what they're today.

Decisions either adds or reduce your trading accounts, it all depends on making the right decision which will sealed one through out the tough side of of the market. Of course we are all in the space for ultimate target of making profits from every single trade we come across. Emotions is versatile and it's controllable by Pro traders in the market, they already know how to deal with it since they've been trading for a lengthy period of time. A newbie should be ready to face the challenges of the market, dip losses and crucial mistakes, all these contributes to the learning process. Failure helps builds a trader to become successful in the nearest future.

[palle11]

i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Yes there is a difference between experience in trading. A trader that is experienced already understand the market and the season of it on how the volatility happens during the day or night. So in such kind of situation an experienced trader knows what risk advantage he or she has looking at the time of the day either by reducing the size of risk to take, the leverage and total money management and that can control his fear and emotions but a newbie may not understand such technicality.

[AbuBhakar]

Yes there is a difference between experience in trading. A trader that is experienced already understand the market and the season of it on how the volatility happens during the day or night. So in such kind of situation an experienced trader knows what risk advantage he or she has looking at the time of the day either by reducing the size of risk to take, the leverage and total money management and that can control his fear and emotions but a newbie may not understand such technicality.

It's not enough that we know details technically, we must know when to applies it and in what scenario that application will works well. When it comes in trading crypto which scopes different ways to earn and techniques we must know what will work on us and only thru experience we will be able to analyze and to see what techniques can give us profit. We may experience loss but if we keep on learning and trying will eventually learn and earn on it.

[Nrcewker]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Why are you making decisions through emotions? Emotions don’t have any role in trading to be honest. I mean trading is very high risk investment scheme. If you don’t understand the risk involved and trade blindly, then definitely you gonna make losses. Then you claim “emotions” as the responsible for the losses. Trading should be always done with proper calculations and predictions. Do a depth research of the coin, and then analyse it thoroughly, go through all the possible outcomes and then only invest in that coin. This is the basic rule of trading. Don’t make “emotions “ as excuse if you lose.

[justdimin]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Well it could also be our best friend if you know what you're doing. Emotion is always going to be part of us as traders and the only thing we can control from our emotion is our reaction and when it comes to trading, we know that panic selling is one of the common reactions by some random investors especially newbies in the market.

Maybe the positive emotions only because it can also help our mood to stay positive but like you said control is needed so that we can not over hodl and lose selling at the right time. Emotions will always be part of us humans and it's almost impossible to stop them because they can only come out naturally but in trading, there is a thing called bots. They can do the work for us. It helps us to stay away from our screens.

It helps if one is having a hard time of controlling his emotions. Newbies shouldn't give up early if they are losing often because it was still part of the training to gain more experience. They need to expose their selves more in the market.

[jostorres]

i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Newbies who loose it and fall into the temptation of making decisions based on their emotions are those who have no person's experience to learn from, they have no guide no tutor. Newbie traders who are under the guidance of someone more experienced may be strong because their guide usually shares their experience with them and they learn from the guides experience. Because there is also a guide, they have someone who they can easily tell their plans so they can make changes, discourage them from it or endorse the plan, that way no decision is purely influenced and made in a hurry due to emotions.

Maybe they think that to have a guide will need them a capital or money. That's true but there are also free tutorials or they can also consult here in the forum because people here are willing to help someone else without asking anything in return.

Learning from someone else experience might not be enough but those newbies must also learn from their own. It can happen once they start doing trades and experience to fail. A newbie must be careful on telling everything to his mentor especially when it comes to money talks because we don't know what if they have bad intentions? Limitations must be set in place. This is why I think, being solo is still better.

[ShowOff]

Why are you making decisions through emotions? Emotions don’t have any role in trading to be honest. I mean trading is very high risk investment scheme. If you don’t understand the risk involved and trade blindly, then definitely you gonna make losses. Then you claim “emotions” as the responsible for the losses. Trading should be always done with proper calculations and predictions. Do a depth research of the coin, and then analyse it thoroughly, go through all the possible outcomes and then only invest in that coin. This is the basic rule of trading. Don’t make “emotions “ as excuse if you lose.

Even if you don't think that emotions play an important role in the success and failure of a trader, it was different to me.

My trading experience has always involved emotions, sometimes it's good to be a little greedy, but mostly it fails due to hasty decisions. Usually emotions will make it difficult for traders to make the best decision to enter even though they are doing analysis, but in many cases emotions must also be present but cannot be put forward. The reason for the failure can be influenced by emotions, including panic at the sight of the dump.

[KingsDen]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Why are you making decisions through emotions? Emotions don’t have any role in trading to be honest. I mean trading is very high risk investment scheme. If you don’t understand the risk involved and trade blindly, then definitely you gonna make losses. Then you claim “emotions” as the responsible for the losses. Trading should be always done with proper calculations and predictions. Do a depth research of the coin, and then analyse it thoroughly, go through all the possible outcomes and then only invest in that coin. This is the basic rule of trading. Don’t make “emotions “ as excuse if you lose.

No matter the magnitude of advice you give to a newbie, he will only abide by the advice for a small time and will later fell for what they have been warned against. Then they will lose their money, after losing money they will remember the advice that was given then and coupled with the experience they got, they will then ammend.

No matter how careful or detailed the advice a newbie recieved is, the newbie will definitely do the newbie mistake and same is applicable to newbie scam victims.

[Unbunplease]

Even if you don't think that emotions play an important role in the success and failure of a trader, it was different to me.

My trading experience has always involved emotions, sometimes it's good to be a little greedy, but mostly it fails due to hasty decisions. Usually emotions will make it difficult for traders to make the best decision to enter even though they are doing analysis, but in many cases emotions must also be present but cannot be put forward. The reason for the failure can be influenced by emotions, including panic at the sight of the dump.

Still, you shouldn't be afraid of emotion. Emotions provide adrenaline. Emotions keep life from becoming dull and boring. Just a little discipline and the situation will change for the better. What doesn't kill us makes us stronger. That's the truth.

[Fivestar4everMVP]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

While growing up, we were made to understand that experience is the best teacher..
It is very possible for newbie traders to lose big in the trading market due to inexperienced.
Trading is like an art that must be mastered, and mastering trading is not something that can be achieved in a short time, one have to give themselves to learning everyday, and also be ready to lose some money in the process of learning, this is how experiences are made, which in turn, guides the trader to significantly reduce their chances of trading at a loss in the long run.

[Slow death]

In trading the number one enemy is our self emotions

It's true, but we have to know that the reason for this is that most people learn day trade, but the day trade and forex course, then when they start operating in the cryptocurrency market nothing works, especially when there is a big drop in price , they look at the chart and there is a cadle of a hammer, with a lot of volume, in the next candle there is a marubozu, the technical indicators show that there will be a trend reversal, so the person buys and places a stop - loss, but then the price drops again, the person buys again thinking it will go up and the price drops again. this cryptocurrency market is different from other markets

many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss

man, this is not the reason why people lose money in this market, as I said above, the problem is that markets are different and people learn to day trade in forex and in this market day trading ends up being unprofitable

is this a reason why most of the newbie loss is it because they don't have enough of experience?

actually having experience on this market is something important because people can realize that doing day trades will only be wasting time and money, in this market the only way to get profits is doing hodl, I know that patience is something that not all people have, but if you want to make a profit in this market you will have to learn to be patient, because doing hodl is the only best solution to make a profit

[tjtonmoy]

Most of the newbies start their trading journey in order to get big profits and become rich overnight. This is the main reason they lack patience and without any proper knowledge, they jump into play the big game. Putting all in one trade is also a mistake seen in many newbies.
Even with proper knowledge, if one doesn't have control over their emotions, they can lose. And experience of failure and success does help to get a control over one's emotion but if you continue to do the same mistake over and over again, thus making more losses thinking you may learn from your mistakes. You are making a regrettable decision.
Even the pros make mistakes too, but because they have good control over their emotions, they can point out their mistakes and avoid it from happening again.
It is always advised to start small, learn the proper knowledge, have faith over your analysis and not make decision based on your emotion. It's also vise-versa when it comes to success/profits. If you keep making profits, in the long run you keep doing the same thing and not focusing on the chart and analysis.

Even though both can help us learn, it could encourage us. But if not used properly, it could mislead us too.

[GeorgeJohn]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

In addition many people losses in trading because of greediness and I believe that its the emotions you are referring to, when you are crypto minded you will know exactly what is obtainable in trading, so I believe that trading have to do with mechanism and if you don't have the mechanism of Trading you won't know when is right time to take decision and when not to take decisions.

[Renampun]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

True, as newbies only have limited knowledge and no enough experiences before they start trading, so that put them into high risk of losing their capital. Controlling the emotions is the key, but you will never master it unless you are never exposed to the real trading scenario and that you only invest to gain profits and not to learn and master trading.

without direct experience, it will be very difficult for a newbie trader to get good skills in trading. I see a lot of people who admit they really want to start trading but the intention they have is so little that their plans always fail to become a trader.

after all, winning and losing is a natural thing experienced by every trader around the world, no trader wins 100%, that is nonsense. be consistent and make every moment when trading an experience so that in the next few years you can have good emotional control when trading.

[irhact]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions and it really affects thier decision making and sometimes it will become a reason for the big loss, in crypto we cannot be free from different emotions because everytime market condition is changing and it is really a high volatility market, i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Experience does have a big role in discussion making but not as much as having the right information or education which is why you can  see a very young trader been been profitable than the experience traders that have many years in the market. The young trade could have been taught well and since he has the right information his decision are always accurate.

Experience also has its role to play but that's when you have the right information already, experience only can't make you a successful traders or you might have lost alot before you start getting trades correctly. When it comes to experience, it's best you learn from others mistakes than yours.

[Mpamaegbu]

i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Of a truth, it does. I got to understand why employers would always have "years of experience" included in job requirements as part of their criteria for picking new intakes. We may think it's high-handedness to do that but it's not. There's a part for experience in anything we do in life. Those with experience often go far ahead of their counterparts without experience.

On the part of failure and success, we learn from failure than we can do from successful. Failure gets us into adjusting our strategies and trading plan whereas success gets us excited and ego bloated. With it we conclude that we've accomplished and "arrived".

[palle11]

i think experienced had a very big role on decision making, is this a reason why most of the newbie loss is it because they don't have enough of experience?

Emotion is not only for newbie trader but it cut across all trader from professional to newbie or learner, the difference is that the professional has a better knowledge of the market and can move on easily to wait for another opportunity but the newbie may not have such capacity of understanding so may be aiming to fight his emotion to revenge the market which is dangerous.

[Huppercase]

Emotion is one key aspect of trading that is very important, Uncontrolled emotios can lead you in taking wrong decision while trading.
The best way one can learn is from experience, those professional and portable traders out there, mostly is as a result of long term trading mistake, failure and experience and their ability to use all this in their own advantage, which has helped them to becoming what they're today.

I disagree that it is not everytime that uncontrolled emotions lead to wrong decisions, there are times we become confused to make decisions, it is that fear of making lost that make us to exit the market fearfully and when the market crash, you will thank your uncontrolled emotions that made you to live the market but it most not be done everytime, uncontrolled emotion consstently will only give you loss but I as I said, it have its own advantage and also disvantage, it depends on when you use it at their appropriate time.