What can be the best way of controlling emotions while trading ?

[Razmirraz]

What can be the best way of controlling emotions while trading ?

Patience will be one of the best ways of controlling emotions while trading. You will be faced with two sides when trading, profit and loss. When you are in a situation that is not profitable, patience will play its role. Patience will allow you to control your emotions and can lead to the original goal so as not to do something unplanned. Not everyone can control their emotions, especially when conditions are unfavorable, but patience has an important role in preventing you from making the wrong decision.

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1714563150

[1714563150]

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[Seinlocko]

What can be the best way of controlling emotions while trading ?

there are usually many ways to control emotions, namely meditating before starting your trading, empty your mind first, and don't forget to always think positively before starting your work or when you are about to start monitoring crypto trading.
By emptying your mind when you want to work, you are usually more relaxed and have more stamina, and one more point, don't forget to get enough rest so that your body is healthy.

[Faisal2202]

What can be the best way of controlling emotions while trading ?

If I could know the simple answer to that question then I would be the biggest trader of the era, Well, all I can say is make a plan to get your targets to hit and make multiple target points so that when you put your money in trade and started to make your profit then you should now fall greedy for more money which in some cases work out but mostly not.

Overall, you have to control your emotions so that you should not be played by market sentiments (manipulated sentiments) just like the schemes of airdrops when one big airdrop brings big profits, phishing airdrops come into the market to create fud and scam people. I have covered the topic of not falling prey to these 4 market sentiments to save your BTC which will give you a broad view of what you should not do in the hype of market.

The best practice is to:

• Set the timespan for which you will close your trade
• Target point to hit regardless of the news cycle (good news)
• Confirm every news you hear before acting upon it blindly,
• Try to control your anxiety and grow your risk management skills by implementing strategies
• Keep your body healthy and keep it some time out of the market influence because when you will be fresh you will think better and can decide better.

[wahyuagung26]

What can be the best way of controlling emotions while trading ?

People will still tend to make mistakes when they make decisions when their feelings are driven by emotional attitudes, and they will still make wrong decisions and also be caused by excessive ambition, maybe the way to control them must be able to control themselves first by tightening their sense of discipline, and being able to restrain their feelings, these situations are hard to come by when they continuously follow their ambitions.

In general, they have to take time to deal with their emotional attitude, one of which is to revise the trading strategy that has been planned as possible. and fully they must learn to be able to survive when emotions run high.

[Wakate]

What can be the best way of controlling emotions while trading ?

This your question would be best if you ask it I'm the trading section but nothing bad. It just that you may not get the kind of opinion compared to when it is in the trading section. Based on your question, one of the best possible way for us to get over emotion when trading is to try as much as possible to trade understand and pro trader. That is when we can learn from traders who had been in the market for a long time and also have passed through the same process that you are experiencing. You can also work on your psychology as a trader to get the best out of the market.

[Sandra_hakeem]

I'll simply concur with what Osho said...set your limits and make sure to have some discipline
GREED is man's worst enemy in the field of NECESSITY...I mean, if you're a type that's very indecisive and Impatient,(most especially when you're tensed up) then you'll end pushing too hard that you won't even know when you got 'em funds busted - either by some creepy projects or in BTC; when you actually become a bull in a bear market...lol
It's also good to map out time to study hard for proper orientations on trading issues...but this isn't even for some newbie that just got into the system anyways..

Sandra 🧑‍🦰

[Natalim]

What can be the best way of controlling emotions while trading ?

It was not just trying to control your emotions but pushing it until you look like a robot with no feelings anymore. But we should have to do this? I think, not. We don't need to be perfect in trading as it was impossible but we can do better in trading even though we have emotions and the only thing we can do is not so hurry in making a decision, it should be analyzed well. This we what we usually missed, we keep rushing and so it fails and makes wrong calls.