Emotions dealing

[AakZaki]

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.

[1715479668]

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[1715479668]

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[Hamphser]

In my opinion, a person who becomes aware of the environment and knows the harms there, does not panic and get emotional in any unfortunate situation; However, the uninitiated can easily fall prey to it.

It takes time though to become fully ready and prepared for the stressful environment outside.

Same with trading, it takes time for these traders to know how to adapt to any given market situation and trend. One should not stick to a single or few strategies even how effective are those since the crypto-market behaves unexpectedly and sometimes, gives us a surprise the moment we wake up.

Fine to lose at the start, fine to being carried away by emotions, sooner or later, once experience builds up, a trader will know how to deal with their emotion and even amid pressure and lose, they can still bounce back and goes back in the game.

a professional trader today also used to have a hard time struggling with their own emotions. who knows how many times they have to lose, but those who survive and develop their abilities will become more professional.
There are many trading techniques that can be learned, but the experience will overcome any doubts about the trades made. This is indeed not an easy matter, it takes time for a trader to truly master their emotions.

Of course that's the nature of the human being, to have emotions and feelings so even those people who's considered as professional would still feel emotions that every person would feel like anger, frustration and many more. It literally depends on how we or them handling their emotions that could minimize it for them to use their brain fully without the influence of unnecessary feelings like FOMO and FUD so those we considered pro are much better at handling emotions cause by that they are capable to do high risk decisions. Well I agree that once you've experienced more in this industry, the more you can handle your emotions since you will be familiar yourself on how things work but also you've learned from your past mistakes.

One of the most hardest things that you could really be able to encounter on the time that you would really be dealing up with trading on which it cant really be that so easy on making yourself to be calm on the time that you would really be seeing your trades are losing or even with your portfolio is really on negative. You would really be needing to get deal with your own emotions on which i could say that it is really just that normal that you would be having that kind of reaction since no one really likes on losing money and as a human being then these reactions are normal.

The advantage into those people who do have sufficient experience and knowledge towards the market will really be at least knowing that its always been volatile and cant really be predicted. You would really be
needing to learn on how to control your emotions so that you would really be able to control and make stick with your analysis that had made out earlier. You cant really just be that making out some
impulsive actions just because you had been altered out by your emotions which you should really be needing to adjust on if once you do encounter it.

[Fuso.hp]

Emotions are not permanent, at a certain age you must avoid emotions. If you can't control your emotions then the world is very difficult for you. A lot of emotions work in a certain age range but once a certain age limit is crossed if we try to work through emotions it will never get accepted. I don't think anyone to date has succeeded in making decisions based on emotion. If there is emotion in ourselves then we must learn to control that emotion. If emotion controls us then it is never possible to do anything good in life. All decisions in the field of business should be taken after careful consideration because one wrong decision can destroy a well-laid business. So we must avoid emotions before taking decisions in all areas including business.

[darewaller]

if you're really weak in self control then I guess you should just stuck with investing, thats my rule of thumb, because trading could be mentally exhausting, self control is essential, even more so emotional control.
but when it comes to investment what you need is just a really good timing and you're set, you can forget it, doing some other thing like maybe increasing income through part time jobs, and many more.
overall you're just having less burden that could affect your emotions since you are more or less have target for it.
when it comes to scalping, etc, your best bet would be learning to be patient, maybe try out yoga if you think you have really bad emotion control.

Investing also requires self-control. You need to control your self of not selling so that you won't lose when the price drops or you can earn a huge income if the price have only risen a little. Trading is mentally exhausting because there are different things that we need to learn and adapt in order to improve our trading performances but we should try to get used to it if our goal is to become a good trader like on what we see in the social media sites nowadays.

It's also possible that we can forget our trades for a while because there is that trading bots that we can use. They can be free or paid, but the paid one could offer a better experience and we can still recover the cost that we spend it to it later on if our trading skills are already superb. Yes yoga helps stabilizes our mood. I do it sometimes when I'm stressed out. It's easy and can be beneficial to us if we are a trader or investor.

[Y3shot]

Emotions are not permanent, at a certain age you must avoid emotions. If you can't control your emotions then the world is very difficult for you. A lot of emotions work in a certain age range but once a certain age limit is crossed if we try to work through emotions it will never get accepted. I don't think anyone to date has succeeded in making decisions based on emotion. If there is emotion in ourselves then we must learn to control that emotion. If emotion controls us then it is never possible to do anything good in life. All decisions in the field of business should be taken after careful consideration because one wrong decision can destroy a well-laid business. So we must avoid emotions before taking decisions in all areas including business.

What leads to emotions is greed , some traders comes into the market and have a specific amount they would want to gain in trading and whereby they are not able to get what already has been placed in their mind they become so  emotional because they couldn't get what they wanted from their trade. The first thing to overcome emotions in trading is to put aside greed from trading and to understand that trading is all about loss and gain. If traders should have understanding of accepting profits no matter how small it could be, it means they have been able to overcome greed which will not lead to emotions.

[ancafe]

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.

You are right because giving some tips will be much easier than implementing them, dealing with emotions is not easy because we will be curious every time we make a trade, especially when we initially benefit from the trades we take. I think it is necessary to have discipline and not be involved in trading excessively if you have not fully mastered how to do it correctly and complete knowledge is needed about the trade you want to run. Emotions can be avoided when one has the discipline and knows how to stop when a trade is not profitable for them at any given time.

Make sure every time we trading we understand when to stop and continue because this is important so that we avoid the risk of loss. Because trading is not easy to do if one does not have complete knowledge about it and forcing trading activities using emotions will bring someone to a big loss stage, therefore trading is not an easy job for anyone to do if you don't have knowledge about

[gabbie2010]

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.

Your first point would only be realistic if your trading strategy work well coupled with your risk management, you can't just set Take Profit and Stop Loss on any strategy that had proven to fail.
The second point has to deal with emotions and   psychology while trading of course you don't force yourself to trading if the your trading strategy set-up isn't formed thus it better to stay away completely for such a trade.
Third point is to adopt a trading strategy based on Higher Timeframe atleast 4 hours frame which requires less period of analysis thus having enough time to do other leasure activities after a trade is already placed thereafter check the trade occasionally just to look at price or market.

[red4slash]

When we hear the word trading, we may think of something easy, but in reality it's not that easy. It may be easy in practice, we simply enter the market and make a trade. But what is difficult is the process where we have to understand the market as a whole and also understand trading fully. There are internal and external factors that will greatly help us in trading. And what is discussed here is the external factor where we must be able to control emotions. Emotion is one thing that is very attached to us, we cannot rule it out. Therefore, one of the things we must learn is emotions and how to control them.

I think one point we should consider is that before one experiences such emotions, they must have either accepted trading full time or intend to trade full time for a certain duration, before delving into other interest of investment.
I don't think anyone who is per time trader has the mental vigour to spare such emotion when other interests need attention too.

Yes, it can be done before they start trading with a shorter period of time. They can start with long-term investments, while doing so they can learn more about trading especially in controlling emotions which can be said to be the enemy of a trader. The mentality in trading they can learn and when they jump into trading they will be better prepared, and that will be very helpful.
It is also possible that many of the traders who are currently there, that they start with investment first, and when everything is much more prepared they can apply it to the trade they want at the beginning.

[HONDACD125]

In my opinion, a person who becomes aware of the environment and knows the harms there, does not panic and get emotional in any unfortunate situation; However, the uninitiated can easily fall prey to it.

It takes time though to become fully ready and prepared for the stressful environment outside.

Same with trading, it takes time for these traders to know how to adapt to any given market situation and trend. One should not stick to a single or few strategies even how effective are those since the crypto-market behaves unexpectedly and sometimes, gives us a surprise the moment we wake up.

Fine to lose at the start, fine to being carried away by emotions, sooner or later, once experience builds up, a trader will know how to deal with their emotion and even amid pressure and lose, they can still bounce back and goes back in the game.

The crypto currency market is a volatile market, it never goes according to our will, we have to go with the market trend. One should not stick to a single strategy but as per market trend we have to adopt some effective strategy. The market may go against our strategies. It is not necessary that every strategy is successful, but still we have to come out of difficult situations in some effective way.Sometimes we have to settle for a small loss to save ourselves from a big loss


In the initial days whenever we go into any field we may face difficulties. This is a natural process because we are not aware of the environment, and it can cause us harm or difficulties, but with time and experience we learn the art of coping with our emotions, our failures, our mistakes or losses. We know how to deal with these situations rather than harming us in this stressful environment.

[AicecreaME]

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.

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.

[Out of mind]

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 an investor's biggest obstacle that hinders him from rising to the top. But we can say for sure that if a businessman can control his emotions, then he can be successful in the future. Many a time it is seen that some people send their money to the wrong address while doing transactions and later break down emotionally due to which he lags behind a lot and gets hampered. And if he can't control that emotion then he must control his own emotions well and trade well in future there are many cases of such wrong transactions. To do such business, a person must control his emotions so that later he can be successful when he starts the business. All the words you have said, if a trader takes such a decision, he can definitely control his emotions and make good profit in future trading.

[traderethereum]

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.

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.

I suggest learning to control your emotions so you don't lose focus when trading.
It might be difficult at first but it's worth it because controlling our emotions allows us to analyze and not rush into decisions calmly.
Yes, resting after trading is very necessary, at least to reduce the emotions that arose during previous trading.
And finally, don't be greedy if you have already made a profit.

[AnonBitCoiner]

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

This happened with me many times and decision at the time of emotion mostly gives bad result. At the start when i start trading my hobby is to buy coins at low price then wait for some days to rise which gives me good profit most of the time but after some years now I want to get profit in one hour. If tokens price down, my emotion force me to sell to keep safe my fund for further lose. Many tokens recovers after that but I could not fo anything.

• set up  a TP(take profit) and SL(stop loss) for your trades

Is there any options to use both at the same time because i am using only stop loss that time?

• 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

These steps are not easy as they look like. when I buy any coins then i have to check market price in very half hours. These steps are somehow useful but I think setting with laptop to check graph and other analysis will more profitable. It will help to learn the graph and anytime we can control stop loss and take profit.

[usekevin]

Emotions are not permanent, at a certain age you must avoid emotions. If you can't control your emotions then the world is very difficult for you. A lot of emotions work in a certain age range but once a certain age limit is crossed if we try to work through emotions it will never get accepted. I don't think anyone to date has succeeded in making decisions based on emotion. If there is emotion in ourselves then we must learn to control that emotion. If emotion controls us then it is never possible to do anything good in life. All decisions in the field of business should be taken after careful consideration because one wrong decision can destroy a well-laid business. So we must avoid emotions before taking decisions in all areas including business.

Some experienced people know the fact,the emotion is the most important one in the trading.When the bull market,you should not sell with minimum profit By the emotion.Instead wait for the maximum bull run,if you think it was all time high and followed by the bear market.At that time,you can do the sell of holding bitcoin.Holding for the longer period in the crypto trading was good for more profit.If the emotion control us,we can’t trade with the planned manner.Some panic selling may occur due to lack of emotional control.

[irhact]

If there is emotion in ourselves then we must learn to control that emotion. If emotion controls us then it is never possible to do anything good in life. All decisions in the field of business should be taken after careful consideration because one wrong decision can destroy a well-laid business. So we must avoid emotions before taking decisions in all areas including business.

Trading and emotions don't work together because emotions which is how we are feeling are not how the market works. If you depend on your emotions for trading, you'll let the fear of missing out always make you to make decisions that will make you lose. Also you'll let fear, uncertainty and doubts make you to miss out on making a trade that could have made you profits. If you are having problem with controlling your emotions, don't get into trading.

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.

[Finestream]

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.

[AmoreJaz]

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.

and before you go in into this activity, you should know what you are dealing with. you may have high expectations but you should know your limitations on this aspect of this market. you can't always get the profits you want, but you can always learn a thing or two to improve your portfolio.

[Smartvirus]

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

Saying emotion is a weaponed used against traders makes me wonder who is wheeling this weapon against them traders. If it’s the exchange against them traders or it’s the market against traders.
There isn’t any other party to this most times as, it’s always traders against traders and the result of your trade is based on either good or bad decisions on your part. You get to decipher what is or what could be from your analysis, develop a trading plan and be disciplined enough to go with it.

How to avoid emotions:

• set up  a TP(take profit) and SL(stop loss) for your trades

I think that was the only point as it concerns trading that you mentioned in this thread. The rest were simply how to stay distracted from getting back to the charts and watch the proceedings of your trade.

TP and SL does help you to stay on course with your trading plan and that does keep emotions off alright. Still, it’s not always an easy to archive as, your surely going to be conscious of the activity in the charts no matter what.

[taufik123]

-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.

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.

[Gallar]

~Snip
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

Some of the points you provide are quite relevant to the real situation in trading. But a few points too, in my opinion, are very ineffective for controlling emotions when trading crypto.
Then in my personal opinion, to be able to control emotions when transacting in the crypto market. Actually there are many factors that can make our emotions stable. One of which is:

• Experience
By having deep experience in trading crypto every day, such as gaining experience when experiencing losses caused by various things. So in my opinion mentally and psychologically, people who have experienced this will definitely have a stronger mentality and be able to control their emotions better.

• Knowledge
This is very basic stuff. Just try to do some research, that traders with less knowledge have a greater potential for not being able to control their emotions when transacting in the crypto market.

• Use cold capital (money)
And finally, it is this factor that plays a very important role, to be able to control emotions more when trading crypto, namely using cold capital. Why does this have such a big impact? Because if trading and capital use hot money. There will definitely be some feelings that haunt you while trading. This is anxiety, fear and restlessness. I'm sure it must be there. Even though I've never used hot money as trading capital, chances are the feeling will definitely emerge.