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

[sulendra12]

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?

This is why you have to be ready to take the risks and stop thinking that everything is a win. I'd prefer to suffer a loss in early runs to know how does it feel so I'm not that surprised if I encounter the same scenario again in the future. Keep winning is great but in the other hand if you can't handle one small mistake and ruined your emotions then what's the matter? Failure is a part of success

[SquallLeonhart]

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.

That is why it would be a lot better if someone starts trading after they learn some stuff. There are a million resources to learn from and there are a lot of people who do not learn from them at all, they end up losing a lot because of this. Just learn, study and be better than a newbie and then you can start trading and you should be fine.

Definitely isn't the best feeling in the world, after all people rather see profits right away and not spend 6 months studying for something they are not entirely sure if it will make any profit for them at all. Maybe you will study for 6 months and end up with nothing? But I guarantee you, you will end up with nothing if you trade with zero knowledge.

[YOSHIE]

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

This is one of the biggest factors for experiencing losses in the world of crypto trading, experience and knowledge of crypto trading is relatively minimal or does not understand how to trade at all.

But emotion is not a new thing that has been felt by many crypto trades, including me, the first time I traded I always put my own emotions forward, without wise and mature consideration.

Between 4-6 I do crypto trading, I learn a lot in terms of crypto trading, where I have to really understand and set aside my emotions, and I control and I trade with a wise mind and without emotion.

[Cling18]

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?

This is why you have to be ready to take the risks and stop thinking that everything is a win. I'd prefer to suffer a loss in early runs to know how does it feel so I'm not that surprised if I encounter the same scenario again in the future. Keep winning is great but on the other hand, if you can't handle one small mistake and ruined your emotions then what's the matter? Failure is a part of success

There's no such thing as perfect trading so it is normal to fail in crypto trading especially if we are just at the beginning of our journey. Failing doesn't mean that you won't succeed but rather it can be a big motivation for us to learn and be better. If we have experienced failure, we already know what to expect and through that, we can handle our emotions. Dealing with our emotions is quite hard sometimes because trading could give us a roller coaster ride of emotions so we should be firm in handling what we feel.

[Kgdktac]

Many traders experience losses because they struggle to manage their emotions, which can have a significant impact on their decision-making process and even lead to substantial losses.

experience plays a critical role in decision-making. This could be why many new traders experience losses, as they may not have enough experience to effectively manage their emotions and make informed decisions.

[carlfebz2]

Many traders experience losses because they struggle to manage their emotions, which can have a significant impact on their decision-making process and even lead to substantial losses.

experience plays a critical role in decision-making. This could be why many new traders experience losses, as they may not have enough experience to effectively manage their emotions and make informed decisions.

When emotion do kicks in, then this would really be that tough on which there's no way that we could be able to avoid on making out decisions on the time we've felt something.If you dont have sufficient experience

then you would definitely be changing up your course which is totally opposite or different on what you had planned earlier which we do know that it is really that bad.Being that impulsive could alter things out
where it could give out positive or negative results most of the time.If you do come into a time where you are already gaining experience and awareness on what you are doing then you would
definitely be able to mold up that kind of control which would take overtime.

[GeorgeJohn]

Many traders experience losses because they struggle to manage their emotions, which can have a significant impact on their decision-making process and even lead to substantial losses.

experience plays a critical role in decision-making. This could be why many new traders experience losses, as they may not have enough experience to effectively manage their emotions and make informed decisions.

The reason while new traders get lost in most of their trader might be as a result lack of understanding the scenarios of Trading, because when you know when to be in trading market and when to go out of the market their's every tendency that you come up with profit, but a situation whereby a new trader is inquisitive to join trading without understanding the rudiments of trading, theirs is every tendency that it may end up venturing into negative side of Trading,  its very obvious.

[knowngunman]

The reason while new traders get lost in most of their trader might be as a result lack of understanding the scenarios of Trading, because when you know when to be in trading market and when to go out of the market their's every tendency that you come up with profit, but a situation whereby a new trader is inquisitive to join trading without understanding the rudiments of trading, theirs is every tendency that it may end up venturing into negative side of Trading,  its very obvious.

The point is experience still matters. It is your experience that let you know when to enter market and when to back off. People new to trading lack those experiences and that result in the negative outcome. It is to be noted also that despite your experience, you're not guaranteed a loss free trade. You can experience loss some days as well but the chances of your success is high if you are truly experienced and willing to abide by.

[indah rezqi]

The reason while new traders get lost in most of their trader might be as a result lack of understanding the scenarios of Trading, because when you know when to be in trading market and when to go out of the market their's every tendency that you come up with profit, but a situation whereby a new trader is inquisitive to join trading without understanding the rudiments of trading, theirs is every tendency that it may end up venturing into negative side of Trading,  its very obvious.

I can tell they really want to get rich as fast as possible by trading but they don't know much about how the market works. This seems trivial, but trading like this seems to be more emotionally draining for traders due to price volatility. After all trades for relatively short time frames are very likely to lose, especially if they activate a cutloss strategy. Obviously each time they lose will allow more emotion to be used in later phases to be able to make up for the loss.

[Myleschetty]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions

I think the number one enemy in cryptocurrency trading is accepting the fact that crypto is always come with risk and the only way to avoid the risk is to choose a good coin and it the market is not in your favor hold it for the long term since the coin will relevant in the market

[isaac_clarke22]

~

Nah. Not really just positive emotions, justdimin.
I had day traded before and one particular example from my experience was that I am feeling a bit nervous and a bit of fear as well. From that negative emotion, I just started to increase my capital slowly and not entirely committing my whole savings to it. It turned out to lessen my losses after I did the stop loss strat. It was not a profitable experience (leading me to quit day trading), but at least I managed to lessen the losses I got from that where it might potentially cost me thousands of dollars in the long-run.

[tygeade]

There's no such thing as perfect trading so it is normal to fail in crypto trading especially if we are just at the beginning of our journey. Failing doesn't mean that you won't succeed but rather it can be a big motivation for us to learn and be better. If we have experienced failure, we already know what to expect and through that, we can handle our emotions. Dealing with our emotions is quite hard sometimes because trading could give us a roller coaster ride of emotions so we should be firm in handling what we feel.

Failing is horrible if you do not learn from it. But it is one of the best teachers if you have learned something from it as well. I have failed many times while trading and some of them were out of nowhere and I couldn't understand why I lost, and yet when the time comes I learned from my mistakes and thanks to that I am not making as many mistakes as I used to, which is an amazing thing.

I hope that most people will do something similar when the time comes and we will end up with something much better on the long run. I know that's not going to be easy for the newbies, wasn't easy for me neither, but when they start to learn from their mistakes, they will start to become a great trader.

[ethereumhunter]

In trading the number one enemy is our self emotions, many trader loss because they can't control thier emotions

I think the number one enemy in cryptocurrency trading is accepting the fact that crypto is always come with risk and the only way to avoid the risk is to choose a good coin and it the market is not in your favor hold it for the long term since the coin will relevant in the market

There is a risk, so we must know how to deal with it so that the risk does not become too big by learning from many sources. It is not easy to overcome risks but with a willingness to learn more and learn from experience, we can overcome risks. And it's true that we have to be able to control our emotions and only by learning to control our emotions can we control them well. And even though it takes time to master controlling emotions, it is still worth it so that the released crypto news does not sway us.

[Hyphen(-)]

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?

How can we actually control our emotions if we can't take our eyes away from our wallets?

Most new traders believe that constantly checking their wallets will provide them with peace of mind because they will be monitoring the movement of their investment's prices, not realizing that their emotions will not allow them to keep the coin if the price falls.
To some extent, I don't blame beginners for keeping an eye on their wallets because it is something new to them, but I am confident that with time and experience, they will adapt because experienced investors always set goals and stick to them.

[AnonBitCoiner]

Emotions play a big role in the person's future because it one cannot control his emotions then he cannot do better for his future and his every decision will be wrong. I think that if a person has experience related to trading and investment in crypto industry then he will also have a power to control his emotions because a success can also be possible if you tolerate your emotions.

Newbies have little knowledge so they cannot imagine that what can be occur as a result of their fear. People also have greed which is also a form of emotion and whenever the price become high they think that it will enhance more and more so this greedy behavior will loss all of their profit.

[Jody.Drummer]

How can we actually control our emotions if we can't take our eyes away from our wallets?

Most new traders believe that constantly checking their wallets will provide them with peace of mind because they will be monitoring the movement of their investment's prices, not realizing that their emotions will not allow them to keep the coin if the price falls.
To some extent, I don't blame beginners for keeping an eye on their wallets because it is something new to them, but I am confident that with time and experience, they will adapt because experienced investors always set goals and stick to them.

Checking our money in our wallet too often is not good, you are right it really affects our emotions. Sometimes when we see that our money has increased just a little, we want to take it, so if our money decreases, we want to take it immediately because we are afraid that we will lose more and more. So as much as possible we don't check our wallet too often. But that doesn't mean we don't check it at all, because we also have to watch it.
Gals like this do happen to beginners, yes, I really understand this action because I personally did that at the very beginning. But with the passage of time, we will definitely understand which ones we have to do and which ones we have to avoid to become good investors.

[lixer]

Many traders experience losses because they struggle to manage their emotions, which can have a significant impact on their decision-making process and even lead to substantial losses.

experience plays a critical role in decision-making. This could be why many new traders experience losses, as they may not have enough experience to effectively manage their emotions and make informed decisions.

The reason while new traders get lost in most of their trader might be as a result lack of understanding the scenarios of Trading, because when you know when to be in trading market and when to go out of the market their's every tendency that you come up with profit, but a situation whereby a new trader is inquisitive to join trading without understanding the rudiments of trading, theirs is every tendency that it may end up venturing into negative side of Trading,  its very obvious.

A newbie trader can do a research and get idea of the other traders but they still lacks in experience, this is why once they initiate their very own trade, they might get scared when they see a little decline in the price and they can also experience other emotions like being too excited when they see a small increase in the price. This can affect their performance and the ability to make a good amounts of profits here in trading.

There is still a chance that they can improve their selves. They only need more exposure in the trading field. I wouldn't advice using demo trade or too low amounts because their emotion can also change. They will be more confident this way.

[gabbie2010]

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?

I am currently battling emotions and  how to control it while trading, once I lost a trade I always try to chase some trades in order to recover my losses Lo and behold I always incurred more losses because of defying my trading strategy, this had always been bad experience, now I had decided to close my trading App after losing a fix percentage of my total funds for trading thus close for the day and take leave till the next day bearing in mind that there are numerous upcoming opportunities of trades in the market, this is one of the steps I am trying to inculcate into my trading ideas which I believe is the solution to my emotions.

[Oneandpure]

After losing more in trading then realize and can control my emotion right now despite how important about earn or take profit as soon possible although few percent than keep holding with greedy to earn much profit. I am most loyal trader and my mindset holding is the winner, seems loss control about holding is not always as the best option because have stop loss can recovery back our loss by reinvesting on lower price.

For the next time entry when trading altcoin or bitcoin I will try implement about take profit under 10% and have brave for using stop loss because always get second chance take recovery our loss by reinvesting with lower price. I have to control my emotion not greedy when trading and need to cut loss some time and don't be loyal for long term holding actually when moment market crash.

[Quidat]

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?

I am currently battling emotions and  how to control it while trading, once I lost a trade I always try to chase some trades in order to recover my losses Lo and behold I always incurred more losses because of defying my trading strategy, this had always been bad experience, now I had decided to close my trading App after losing a fix percentage of my total funds for trading thus close for the day and take leave till the next day bearing in mind that there are numerous upcoming opportunities of trades in the market, this is one of the steps I am trying to inculcate into my trading ideas which I believe is the solution to my emotions.

All of us would really be able to experience such state on which we would definitely be facing up this challenge or situation on where we are really that trying or fighting our emotions since we know that we cant really be able to have a good grasps into it specially when we are just a newbie.This is why it is really just that right that you should really be sensible on learning up things along the way.
We cant really just start on being a pro on first few tries on which it would really be normal that emotions and mindset is something that you would be needing to adjust on times like these.
There's no way we could be able to achieve success without passing up these things.