Emotions dealing

[Dickiy]

Traders who can't control their emotions are not only those who are beginners in trading, but some of them are also quite professional traders.
Emotions that cannot be controlled will result in many losses, especially in strategies that have been made and will fail when emotions are uncontrollable and go off the track.

Well that's right, people are basically the same they have personalities that are not much different, such as greed or maybe a sense of fear that tends to be high and also a sense of emotion is definitely there but with different levels. Yes, I also won't say that mistakes are only for beginners, but even for professional traders it can really happen, especially for emotional problems. I think it depends on something that is happening to them, for example a trader who has personal problems outside of trading then it can really interfere with them in trading, emotions can occur there and also especially make wrong decisions.

Not just focus, traders must also master the crypto market, understand chart reading for technical analysis, understand fundamental analysis, and be able to make predictions for future trends.

And also good management will provide good trading too.
There will be no panic when risk management, and financial management can apply.

Well and I think this can be the difference between beginners and professionals, those who are professionals will obviously at least know the various conditions that exist in the market and also the habits of the market, such as understanding price movements and being able to read some indications that signal the movement will go where. While those who are beginners are very limited as we know in general. Planning in trading with various self-control limits such as it has become a very mandatory thing that traders have, and also in my opinion all of this they can get when they already have high flying hours in trading, risk management will always be the thing they focus on (professional traders), because only that can help them, I mean minimizing losses there.

Yes, everything will go well if they can control everything well, and their profit target can also be achieved according to the target that has been determined.

[Bushdark]

It seems easy to come up with a few tips needed to deal with trading emotions, but in reality it will not work completely. Using TP/SL might help, but unstable emotional control will destroy all strategies and not work as desired. Some activities aimed at avoiding emotions will not be carried out completely. It's just a diversion, but when we return to trading emotions will arise and it won't be good. One of the reasons why they have unstable emotions is because they don't have enough knowledge about trading and how to manage trades well.

Emotions is not easy to overcome and it takes a lot of work for us to make sure that we don't keep making the loses we have been seeing. Emotion can damage our morale and make us look like a newbie in the market because it will make us scared and unable to trade the market in the proper way even though we can analyze the market very well without issue. Trading cam be very frustrating with emotions if we don't know how to fix ourselves or do to make us make profits from the market. We ought to trade in the right way or emotions will deal with us.

[Sim_card]

It seems easy to come up with a few tips needed to deal with trading emotions, but in reality it will not work completely. Using TP/SL might help, but unstable emotional control will destroy all strategies and not work as desired. Some activities aimed at avoiding emotions will not be carried out completely. It's just a diversion, but when we return to trading emotions will arise and it won't be good. One of the reasons why they have unstable emotions is because they don't have enough knowledge about trading and how to manage trades well.

Emotions is not easy to overcome and it takes a lot of work for us to make sure that we don't keep making the loses we have been seeing. Emotion can damage our morale and make us look like a newbie in the market because it will make us scared and unable to trade the market in the proper way even though we can analyze the market very well without issue. Trading cam be very frustrating with emotions if we don't know how to fix ourselves or do to make us make profits from the market. We ought to trade in the right way or emotions will deal with us.

Trading is similar to gambling and you don't need to allow your emotions to control you if not you will end up in a big loss. The difference between trading and gambling is that a trader ends up being an expert and will start making profit with time which is certain. But gambling will only lead to more loss as time goes on. Don't give up to your emotions when trading because it isn't a good factor to a successful trader. It is better that when you have been taken by your emotions,you quit trading for sometimes and trade again when you are in a good mood. Skill and concentration on the market will not come to play no matter how good you are in trading if you let yourself to be controlled by your emotions.

[lixer]

Emotions is a weapon used against traders causing them to move out of a trade untimely which may eventually cost them loss.

How to avoid emotions:

• set up  a TP(take profit) and SL(stop loss) for your trades
• Stay away from the particular trade
• Get in some activity that will keep you busy
• Do your hubby activities at that moment
• set up hours interval to check your trade
• watch tvs and Go for walk

Note:Some of these might not be applicable if you are into scalping.

Trading is pure math. Emotions have nothing to do here

I don't think it's pure math as your trades can actually be different based on your emotions and mental condition. You won't be able to make the right decisions and make the correct trades if you are mentally unstable and vice versa. So, you can't say that emotions have nothing to do here, It's emotions that make someone panic and sell their assets, and it's also emotions that make someone FOMO and buy a token at a very wrong time and lose their investment or a part of it.

Your emotions can always make the best of what you do and it can also ruin everything, so emotions play a great role in anything that you do in life. Those who have control over their emotions will usually get success in whatever they do while others will have to face a lot of failures in life.

[Jody.Drummer]

Emotions is a weapon used against traders causing them to move out of a trade untimely which may eventually cost them loss.

How to avoid emotions:

• set up  a TP(take profit) and SL(stop loss) for your trades
• Stay away from the particular trade
• Get in some activity that will keep you busy
• Do your hubby activities at that moment
• set up hours interval to check your trade
• watch tvs and Go for walk

Note:Some of these might not be applicable if you are into scalping.

Trading is pure math. Emotions have nothing to do here

I don't think it's pure math as your trades can actually be different based on your emotions and mental condition. You won't be able to make the right decisions and make the correct trades if you are mentally unstable and vice versa. So, you can't say that emotions have nothing to do here, It's emotions that make someone panic and sell their assets, and it's also emotions that make someone FOMO and buy a token at a very wrong time and lose their investment or a part of it.

Your emotions can always make the best of what you do and it can also ruin everything, so emotions play a great role in anything that you do in life. Those who have control over their emotions will usually get success in whatever they do while others will have to face a lot of failures in life.

That's right, how can someone say that emotions are not involved in trading, I don't understand that statement. We must remember as you said that mental and psychological is very necessary, what is the use of it? discuss a little, mental and psychological will greatly help you in finding the right decision, okay you have a strategy that is 100$ accurate for example, but still if you do not have a good mental and psychological how can you dare to open a position, and obviously it will help you to minimize hesitation or fear when you want to open a trade. First you have a strategy that is believed to be effective and to perfect it you also need a calm mentality and psychology to be able to turn the trading results into profits. As you said it is absolutely true, this is not a matter of mathematics but also very involved with the mental and psychological of a person who can minimize your emotions to stay guarded,
it is not uncommon for people to make the wrong decision because they may be late opening a trade because of doubt.

So yes, the point is that emotions are very involved in trading and if you have a strong mentality and psychology to always remain calm then you will be able to minimize your emotions because if I let it maybe you will experience MC, that case has happened a lot.

[Smartvirus]

-snip-
Trading reeds you to be focused, dedicated and disciplined and for you to have all those you have to be in control of your emotions to enable you to not make some mistakes that could have been avoided. Individuals not having control over their emotions are bad traders.

Traders who can't control their emotions are not only those who are beginners in trading, but some of them are also quite professional traders.
Emotions that cannot be controlled will result in many losses, especially in strategies that have been made and will fail when emotions are uncontrollable and go off the track.

I see the term professional as used there and it sort of reminds me of a post made by Ratimov some time ago to correct an impression. An impression on how the term professional is used with respect to trading and traders. The term mainly describes traders to be individuals who work for a firm, be it a large organization or something of that nature who are paid for there skills to take trades and create different market conditions such as market movers by virtue of there positions in a trade.

Emotions is a part of human nature, one that isn’t going to go away and no matter how we could try, it would always come surfacing every now and then but, the longer you play with it, the better you would be at handling it when it pops up your mind every now and then while on a trade.
It’s a need to master skill for every trader as it defines the point where you get to cut lose or be contented with your trade profits.

[Lanatsa]

Emotions is a weapon used against traders causing them to move out of a trade untimely which may eventually cost them loss.

How to avoid emotions:

• set up  a TP(take profit) and SL(stop loss) for your trades
• Stay away from the particular trade
• Get in some activity that will keep you busy
• Do your hubby activities at that moment
• set up hours interval to check your trade
• watch tvs and Go for walk

Note:Some of these might not be applicable if you are into scalping.

Trading is pure math. Emotions have nothing to do here

I don't think it's pure math as your trades can actually be different based on your emotions and mental condition. You won't be able to make the right decisions and make the correct trades if you are mentally unstable and vice versa. So, you can't say that emotions have nothing to do here, It's emotions that make someone panic and sell their assets, and it's also emotions that make someone FOMO and buy a token at a very wrong time and lose their investment or a part of it.

Your emotions can always make the best of what you do and it can also ruin everything, so emotions play a great role in anything that you do in life. Those who have control over their emotions will usually get success in whatever they do while others will have to face a lot of failures in life.

That's right, how can someone say that emotions are not involved in trading, I don't understand that statement. We must remember as you said that mental and psychological is very necessary, what is the use of it? discuss a little, mental and psychological will greatly help you in finding the right decision, okay you have a strategy that is 100$ accurate for example, but still if you do not have a good mental and psychological how can you dare to open a position, and obviously it will help you to minimize hesitation or fear when you want to open a trade. First you have a strategy that is believed to be effective and to perfect it you also need a calm mentality and psychology to be able to turn the trading results into profits. As you said it is absolutely true, this is not a matter of mathematics but also very involved with the mental and psychological of a person who can minimize your emotions to stay guarded,
it is not uncommon for people to make the wrong decision because they may be late opening a trade because of doubt.

So yes, the point is that emotions are very involved in trading and if you have a strong mentality and psychology to always remain calm then you will be able to minimize your emotions because if I let it maybe you will experience MC, that case has happened a lot.

Those people who have said that emotions and psychological aspects arent involved on trading is basically that shows or means that those people didnt actually have that trading session ever since. No one would really be to those people who do have actuial experience in trading will really be able to say up such words which is really that totally impossible since these things are the main reasons on why you would really be making out some decisions basing up on the analysis that you had made. You would really be needing to set up some back up plans if ever one of the analysis you had made did turn out to be wrong because of that sudden market changes which we know that its always been that unpredictable and random.

Therefore, it would really be that resulting into such condition which it would really be mixing out your emotions and might really be that resulting into alterations of your earlier analysis
which might lead into that more losses and this is something that you should really be needing to control. If you dont have that kind of discipline towards self then you are really that prone to lots of errors and mistakes just because did make out some change basing up on what you had encountered. Well, this isnt something new and there's always a chance that you do alter out your earlier
decisions just because you do become that impulsive.

[wxa7115]

Emotions is a weapon used against traders causing them to move out of a trade untimely which may eventually cost them loss.

How to avoid emotions:

• set up  a TP(take profit) and SL(stop loss) for your trades
• Stay away from the particular trade
• Get in some activity that will keep you busy
• Do your hubby activities at that moment
• set up hours interval to check your trade
• watch tvs and Go for walk

Note:Some of these might not be applicable if you are into scalping.

Most of the negative emotions that a trader may feel come after suffering a bad loss, so a great deal of those measures will not work as they are mostly geared towards preventing a negative emotional state to happen, something relatively easy, and they do not focus and how to deal with that state once it has appeared, something way more difficult.

I really think that after a bad loss the best thing a trader can do is to stay away from the markets, otherwise they may try to recover their money on the next trade and they will instead just lose more money as a result of their negative emotions.

[xSkylarx]

Emotions is a weapon used against traders causing them to move out of a trade untimely which may eventually cost them loss.

How to avoid emotions:

• set up  a TP(take profit) and SL(stop loss) for your trades
• Stay away from the particular trade
• Get in some activity that will keep you busy
• Do your hubby activities at that moment
• set up hours interval to check your trade
• watch tvs and Go for walk

Note:Some of these might not be applicable if you are into scalping.

Trading is pure math. Emotions have nothing to do here

I don't think it's pure math as your trades can actually be different based on your emotions and mental condition. You won't be able to make the right decisions and make the correct trades if you are mentally unstable and vice versa. So, you can't say that emotions have nothing to do here, It's emotions that make someone panic and sell their assets, and it's also emotions that make someone FOMO and buy a token at a very wrong time and lose their investment or a part of it.

Your emotions can always make the best of what you do and it can also ruin everything, so emotions play a great role in anything that you do in life. Those who have control over their emotions will usually get success in whatever they do while others will have to face a lot of failures in life.

Emotions play a critical role in every aspect of life because they influence our decision-making and the way we think. Just imagine you are in a stressful situation. You tend to think quickly to resolve that situation, but you are not looking at the long-term solution, which makes you sometimes make bad decisions. How much more in trading that emotion play a great role in it.

You have a great strategy, it is really proven that it is working, and you have a high percentage of winning if you follow that, but because of emotions, like not having patience on trades, you do not follow your strategy and skip some processes that will lead you to losses. Also, even though you have already reached your daily target, you still continue to trade because you are now greedy to earn more profit, which again can lead to losses.

Emotions are really a big factor in trading, and they decide whether you win or not. That is why other traders are really trying to learn how to control themselves, as that is their number one enemy in trading.

[Best-mary]

Emotions is a weapon used against traders causing them to move out of a trade untimely which may eventually cost them loss.

The solution is better not to trade, in my personal opinion. You don't want to involve feelings or rather you also don't want to involve instinct in trading. But the fact is that crypto trading will always involve many factors, be it feelings or sudden decisions. Even knowledge is tested to find out how much the probability of profit is if TP.

I support this. If possible, let him do the easy DCA everyone knows. Even if he won't be checking his laptop to check his chart, fine just use Dual Investment. It works like DCA but in an automatic format. Less high blood pressure, easy living

[beerlover]

I think this can be the difference between beginners and professionals, those who are professionals will obviously at least know the various conditions that exist in the market and also the habits of the market, such as understanding price movements and being able to read some indications that signal the movement will go where. While those who are beginners are very limited as we know in general. Planning in trading with various self-control limits such as it has become a very mandatory thing that traders have, and also in my opinion all of this they can get when they already have high flying hours in trading, risk management will always be the thing they focus on (professional traders), because only that can help them, I mean minimizing losses there.

Yes, everything will go well if they can control everything well, and their profit target can also be achieved according to the target that has been determined.

Professionals definitely know what they are doing because they gained experience, I would prefer someone who has been doing this for 10 years in an amateur setting, like not really a big trader, to someone who is working at one of the top firms in the world but it's their first day.

It is not professionalism that makes you richer, it's the experience but you gain a lot more experience if you are doing it professionally since that means it's your job and you spend hours on it and you end up learning a lot more about it from people around you. This gives you experience quickly and you do as well as you hope for and it doesn't really feel like it's going to end up being that much of a big deal, you shouldn't really care about it.

[JunaidAzizi]

Emotions is a weapon used against traders causing them to move out of a trade untimely which may eventually cost them loss.

How to avoid emotions:

• set up  a TP(take profit) and SL(stop loss) for your trades
• Stay away from the particular trade
• Get in some activity that will keep you busy
• Do your hubby activities at that moment
• set up hours interval to check your trade
• watch tvs and Go for walk

Note:Some of these might not be applicable if you are into scalping.

Emotions are a big obstacle in trading, You will not be a successful trader if you are emotionally weak and do not control it which makes it difficult to make a rational decision. This will lead to commenting mistakes like taking profits too early or holding on to stop position for too long. I think the tips you provide are very valuable and good ways to avoid emotions in trading. Using stop loss and take profits order will help you to take emotions out of the decision and know when to come out of the trade. Also, being involved in other activities will help you to relax your mind and make a good decisions.

Lastly, emotions are great weapons that make your trade difficult but I belive that you can manage it by using your mention tips also there are many other tips to follow to become a successful trader.

[Japinat]

It seems easy to come up with a few tips needed to deal with trading emotions, but in reality it will not work completely. Using TP/SL might help, but unstable emotional control will destroy all strategies and not work as desired. Some activities aimed at avoiding emotions will not be carried out completely. It's just a diversion, but when we return to trading emotions will arise and it won't be good. One of the reasons why they have unstable emotions is because they don't have enough knowledge about trading and how to manage trades well.

Well said. Emotions are actually hard to control especially if you don’t highly understand what you are doing. Trading is all about making yourself profitable by taking some risk and overcoming them. And as long as you trade in order to chase for profits, emotions will always be present. For me, that’s normal. But the challenge to control your emotions is quite unusual simply because emotions are part of a human being, and trying to control it takes more of our skills and strategies to make it possible. While it’s quite easy for others to control their emotions because of their long trading experience, most of those who start to trade fail to control and end up seeing theirselves ultimately losing their funds.

[TheUltraElite]

The less you remain obsessed with trading more then chances of being in profit with a stable mindset. The major risk of mental problem from trading comes with being stuck on the screen for long with an increasing debt. These are the things that generate bad emotions and need to be minimised is possible.

Avoiding loans, avoiding HYIPs, and altcoins are basic things while having a day job with stable income is a cushion. These things are often overlooked but are of utmost importance to any trader specially the new ones

[cafter]

Snip

Controlling emotions is very important in trading, I tried trading one month with real money and  one month by demo balance. The result was i was chasing my losses when trading with real money, while chasing the losses I was taking high risk.
And in demo account I was not chasing losses instead I was waiting for next opportunity after a losing trade.
 
When trading with real money, emotions take control of  us.  Which causes wrong decisions making and losing.

[gunhell16]

For me, there’s no perfect strategy to avoid our emotions because that is already within us no matter what. Whatever we opt to do, there’s always an emotion involved. However, when it comes to trading, the only way we can avoid being too emotional is by having sufficient experience in the trading market. Other than that, trading will never be effective and profitable in the future.

What you said is true and correct; we can control our emotions if we want to, but since this is part of our nature as human beings, we must always use our emotions at the right time when we do any trading activity in the field.

It's just that the emotions of the majority of the community here are often used in the wrong way, and in order for us to use our emotions appropriately in crypto trading, our understanding of bitcoin or cryptocurrency trading must also be broad.

[Cryptmuster]

Trading is similar to gambling and you don't need to allow your emotions to control you if not you will end up in a big loss. The difference between trading and gambling is that a trader ends up being an expert and will start making profit with time which is certain. But gambling will only lead to more loss as time goes on. Don't give up to your emotions when trading because it isn't a good factor to a successful trader. It is better that when you have been taken by your emotions,you quit trading for sometimes and trade again when you are in a good mood. Skill and concentration on the market will not come to play no matter how good you are in trading if you let yourself to be controlled by your emotions.

A lot depends on the person, not everyone can make a profit in trading, the same applies to gambling. I think there is no need to start a debate about where it is more difficult to earn money, since both directions are very difficult. It’s easier for me to make money in trading, but this is possible because I spent much more time on trading, and medium-term and long-term trading brings me the main profit, on day trading I get more losses.

[TheSpiral]

Avoiding your emotions is impossible but controlling it is possible.

None of what you've said made sense, because if you're trading, you can't do other things just to make yourself busy because that will lose your focus, I mean, it's not that bad to take a break if it is the right time but if it is trading time, making other things just to avoid emotions is nonsense. Even setting up a TP and SL will gives you emotions no matter what is the result of your trade.

In investment we can make ourselves busy in other things because we want benefit from longer term but in trading we cannot move our mind away from trading as definitely this movement can be a cause of missing out timing when we have to take better move.

There are many traders who buy coins when the price gets higher because higher price win their curiosity and they think that this will go more higher therefore in this case most of the people have still holding the coins that don't have any value now. So this is not consider as emotions always but this is unawareness of market condition.

 So try to learn trading because emotions cannot be stopped as if emotions stops then no one will be either wants to take profit too.

[carlfebz2]

Avoiding your emotions is impossible but controlling it is possible.

None of what you've said made sense, because if you're trading, you can't do other things just to make yourself busy because that will lose your focus, I mean, it's not that bad to take a break if it is the right time but if it is trading time, making other things just to avoid emotions is nonsense. Even setting up a TP and SL will gives you emotions no matter what is the result of your trade.

In investment we can make ourselves busy in other things because we want benefit from longer term but in trading we cannot move our mind away from trading as definitely this movement can be a cause of missing out timing when we have to take better move.

There are many traders who buy coins when the price gets higher because higher price win their curiosity and they think that this will go more higher therefore in this case most of the people have still holding the coins that don't have any value now. So this is not consider as emotions always but this is unawareness of market condition.

 So try to learn trading because emotions cannot be stopped as if emotions stops then no one will be either wants to take profit too.

We know that timing is everything here on trading on which it would really be just that important on when you should get in and when you should  get out and this is why we would really be that so mindful when it

comes to movement and this is something that we do really need to know about the market movement and whatever sentiment or things that currently happening which means that involvement wont really be that be stopped if ever you would be deciding on not to have some peek in the market just because you do find yourself that impulsive. Well, its a common behavior or reaction for a person who do deal up with crypto
space knowing that on volatility which this is where we do make money but also on losing too this is why it cant really be that avoided for you not to check it out. Emotion dealing will be common but due time
which on the moment that you do gain up sufficient experience then this is where you would be finding yourself on having that gradual good grasps when it comes to dealing up with this volatile space.

[Bitcoin_people]

Emotion is a difficult thing that holds a trader back and prevents him from rising to the top. A businessman must always avoid such emotions if he wants to be in good standing and successful. Trading on emotion never leads to a good position rather it involves a lot of risk. That is why controlling emotions first and trading later is the only way a trader can build himself up successfully. All the tips you have given to avoid emotions can be followed by an emotional trader in the future. We should know about different strategies before starting trading but it will be possible to get good position and gain reputation as a successful trader.