Emotions dealing

[bitgolden]

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.

The more experience you get at trading the more profit you will start to make, for example even if you think you make less profit or even losses on short day trading type of stuff, if you do that a lot of times then you are going to be doing fine in the end. A lot of people miss that part about it and they should be more careful about it for sure.

I think it is definitely a hard thing to do, but you are not going to be able to make a profit with it if you are not careful about it. This is why I believe that we are going to have some sort of hard time without a doubt. I believe it should be important to gain experience, and to do that one has to learn how to trade and then start trading all the time to get it.

[Fara Chan]

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

If it still feels easy enough and doesn't make it burdensome to continue doing DCA, I don't think there is a problem with that because so far DCA has also been very commonly used by many people in terms of investment. The pressure will also not be felt as much because a person only does it with the abilities he has at each stage so that it can give him a little more space from any pressure. I am also still doing DCA on Bitcoin to this day because I think it would be a shame if in conditions like now we don't do DCA.

[irhact]

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.

An emotional trader has to stop trading first and learn how to handle his emotions before he can begin trading. Any individual that's having emotional problem is at risk of losing all his money while trading because trading needs 100% attention and not for your mind to be divided. Emotions aren't meant to be mixed with businesses and trading is a business therefore it'll affect the trader. A trader that wants to become a professional must learn how to control his emotions.

Not every individual is fit to become a trader because some individual have emotional problems that have gone beyond control. Some set of individual have anger issues which are difficult to control and it leads them into doing regrettable things like closing their trade.

[Hypnosis00]

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

If it still feels easy enough and doesn't make it burdensome to continue doing DCA, I don't think there is a problem with that because so far DCA has also been very commonly used by many people in terms of investment. The pressure will also not be felt as much because a person only does it with the abilities he has at each stage so that it can give him a little more space from any pressure. I am also still doing DCA on Bitcoin to this day because I think it would be a shame if in conditions like now we don't do DCA.

It is very important that we know if this or that strategy will work. Because DCA has been usually used by most, it is going to be a working strategy for sure. However, it is also important that we have to analyze the market trend. In order to make it more effective, we'd still stick to buying low, not buying high. Doing this is not really hard but of course, if you are into hard dealing with your emotions, I don't think it will work. Yes, we have to deal with and control our emotions because this will have a huge impact on our investment plan.

[BrigstockV]

I studied several guides on the topic, should I waste time on books?)

[BRINIRHA]

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.

I also often practice these points in my daily life. And yeah it's quite effective. But because I am personally quite busy in taking care of my business and supervising several of my employees. So sometimes I even forget the position I placed when I trade. So I trade more often when I finish work and have free time. And when my emotions are difficult to control. So I will go to the kitchen and cook some snacks for the family. And then watch a film that is quite emotionally draining.

I want to learn about scalping. But I always find it difficult to control my emotions in short-term trading. So my type of trading is more medium term. Like I buy on Sunday and sell on Wednesday or Thursday. Or sell when I already have some profits. I just check the market in my free time. So I can't check it every time. And that's where I also set a Stoploss. So that my assets remain safe if the market suddenly changes direction.

[stomachgrowls]

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.

The more experience you get at trading the more profit you will start to make, for example even if you think you make less profit or even losses on short day trading type of stuff, if you do that a lot of times then you are going to be doing fine in the end. A lot of people miss that part about it and they should be more careful about it for sure.

I think it is definitely a hard thing to do, but you are not going to be able to make a profit with it if you are not careful about it. This is why I believe that we are going to have some sort of hard time without a doubt. I believe it should be important to gain experience, and to do that one has to learn how to trade and then start trading all the time to get it.

More experience doesnt mean that you would be able to make profits in trading yet its never been a solid guarantee because even now there are old ones or veterans on this field but still havent been able to have a good grasps with the price movement or on how this market do really behaves on which this do really shows that its never been that giving sureness that you would be making money on the time that you do have that good control towards your emotions but we know that its not something useless though because it is really that totally different compared into those people who are just simply starting and doesnt developed this kind of control.

You would really be having the advantage on controlling up the situation on whatever you might be able to encounter since you do have the experience then you do really know on what to do.
There are really just those people who are really that tending to rush on things just because they do want to make or earn money on most possible way or method. This is why its never been that
useless on what are the things that you do currently been encountering because it do simply contributes on making the possible better you as you do go ahead.

[gunhell16]

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.

I also often practice these points in my daily life. And yeah it's quite effective. But because I am personally quite busy in taking care of my business and supervising several of my employees. So sometimes I even forget the position I placed when I trade. So I trade more often when I finish work and have free time. And when my emotions are difficult to control. So I will go to the kitchen and cook some snacks for the family. And then watch a film that is quite emotionally draining.

I want to learn about scalping. But I always find it difficult to control my emotions in short-term trading. So my type of trading is more medium term. Like I buy on Sunday and sell on Wednesday or Thursday. Or sell when I already have some profits. I just check the market in my free time. So I can't check it every time. And that's where I also set a Stoploss. So that my assets remain safe if the market suddenly changes direction.

As a trader, there is no need to be emotional, as we do it in the actual trade of an exchange. Our emotions should always be applied properly. Others here know that. That's why most people are not aware that they are emotional.

It's different because you always practice actual trading so that you can learn more easily compared to just doing theory about trading. That's why, often, we can learn more from those who have trading experiences here in cryptocurrency because they made a mistake and learned from that mistake than from those who know a lot about trading through theory but have no experience in the actual trading of cryptocurrency.

[BRINIRHA]

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.

I also often practice these points in my daily life. And yeah it's quite effective. But because I am personally quite busy in taking care of my business and supervising several of my employees. So sometimes I even forget the position I placed when I trade. So I trade more often when I finish work and have free time. And when my emotions are difficult to control. So I will go to the kitchen and cook some snacks for the family. And then watch a film that is quite emotionally draining.

I want to learn about scalping. But I always find it difficult to control my emotions in short-term trading. So my type of trading is more medium term. Like I buy on Sunday and sell on Wednesday or Thursday. Or sell when I already have some profits. I just check the market in my free time. So I can't check it every time. And that's where I also set a Stoploss. So that my assets remain safe if the market suddenly changes direction.

As a trader, there is no need to be emotional, as we do it in the actual trade of an exchange. Our emotions should always be applied properly. Others here know that. That's why most people are not aware that they are emotional.

It's different because you always practice actual trading so that you can learn more easily compared to just doing theory about trading. That's why, often, we can learn more from those who have trading experiences here in cryptocurrency because they made a mistake and learned from that mistake than from those who know a lot about trading through theory but have no experience in the actual trading of cryptocurrency.

Learning from experience is much more effective because we experience it directly. Just mastering theory will not be enough. Because when we practice, sometimes things are a little different from the theory in the book. Likewise in crypto trading. Many things actually have to be learned through direct experience in trading itself. So practicing crypto trading while learning is a better thing. And only use small assets while we are still learning.

Well, when we experience a loss, we have to evaluate it and see what mistakes we have made that caused us to experience a loss. And we have to correct these mistakes so that we don't repeat them in the next trade. And it is said that we will be increasingly able to control our emotions in trading as our experience in trading itself increases. I personally still can't control my emotions in short-term trading. So I avoid short-term trading.

[Lanatsa]

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.

I also often practice these points in my daily life. And yeah it's quite effective. But because I am personally quite busy in taking care of my business and supervising several of my employees. So sometimes I even forget the position I placed when I trade. So I trade more often when I finish work and have free time. And when my emotions are difficult to control. So I will go to the kitchen and cook some snacks for the family. And then watch a film that is quite emotionally draining.

I want to learn about scalping. But I always find it difficult to control my emotions in short-term trading. So my type of trading is more medium term. Like I buy on Sunday and sell on Wednesday or Thursday. Or sell when I already have some profits. I just check the market in my free time. So I can't check it every time. And that's where I also set a Stoploss. So that my assets remain safe if the market suddenly changes direction.

As a trader, there is no need to be emotional, as we do it in the actual trade of an exchange. Our emotions should always be applied properly. Others here know that. That's why most people are not aware that they are emotional.

It's different because you always practice actual trading so that you can learn more easily compared to just doing theory about trading. That's why, often, we can learn more from those who have trading experiences here in cryptocurrency because they made a mistake and learned from that mistake than from those who know a lot about trading through theory but have no experience in the actual trading of cryptocurrency.

Learning from experience is much more effective because we experience it directly. Just mastering theory will not be enough. Because when we practice, sometimes things are a little different from the theory in the book. Likewise in crypto trading. Many things actually have to be learned through direct experience in trading itself. So practicing crypto trading while learning is a better thing. And only use small assets while we are still learning.

Well, when we experience a loss, we have to evaluate it and see what mistakes we have made that caused us to experience a loss. And we have to correct these mistakes so that we don't repeat them in the next trade. And it is said that we will be increasingly able to control our emotions in trading as our experience in trading itself increases. I personally still can't control my emotions in short-term trading. So I avoid short-term trading.

True, this is why if you do really plan on having that kind of learning then its better to have more that experience or engagement on a certain thing whether on trading or whatever venture that you are really that planning to engage on because experience would be always the best teacher or the stepping stone that you would really be needing to step up for you to make yourself more better and better which those skills would really be honed as you do go forward. Emotions is really one of the most important thing that be molded and control of because this is one of the main things on why you do alter out your initial analysis because of those sudden things might be encountered ahead.

Although there might be some changes which would really be that relevant or would be giving that good call because market is truly that unpredictable and there's no way that we could really assure
out when in speaking about making profits because of the true randomness of the market. This is why being adaptive and versatile would really be always the key because if you do really want to
impose your analysis but going against the market trend then it would really be known on what would be the outcome or results.

[Distinctin]

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.

These are just alternatives to divert your emotions so you will not be totally in stuck with trading. However, I believe if you want to control or avoid having too much emotions when trading, set a boundary or a limitation to your emotions. You can’t be too happy or too aggressive when trading, that will lost your focus from your goal. If you can separate and avoid having high emotions when trading, that would create a more positive outcome from your trades.

[EarnOnVictor]

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.

These are just alternatives to divert your emotions so you will not be totally in stuck with trading. However, I believe if you want to control or avoid having too much emotions when trading, set a boundary or a limitation to your emotions. You can’t be too happy or too aggressive when trading, that will lost your focus from your goal. If you can separate and avoid having high emotions when trading, that would create a more positive outcome from your trades.

My first response to the OP is similar to your advice. What has been iterated above is mostly the means to manage emotion, not the means to control or put it to rest. Emotion is normal in trading as we are human beings and blood keeps flowing in our veins, yet we can still put it to check if we so desire. No matter what you do as a trader, you can be emotional if you are not disciplined, and since discipline is the direct opposite of emotion in trading, that is what you need to control emotion. But you will now add determination to it, if you are determined to be disciplined as you trade and shun emotion, then you will surely get it all set to your advantage.

But be sure that you have a good trading system and plans to make this work. No matter how much you are disciplined and determined to fight emotion, if your trading system and plans are bad, you are only deceiving yourself. You will be frustrated and emotion will creep in again.

[Litzki1990]

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.

These are just alternatives to divert your emotions so you will not be totally in stuck with trading. However, I believe if you want to control or avoid having too much emotions when trading, set a boundary or a limitation to your emotions. You can’t be too happy or too aggressive when trading, that will lost your focus from your goal. If you can separate and avoid having high emotions when trading, that would create a more positive outcome from your trades.

You must have complete focus on the task at hand when you do it. It is possible to get 100% results from any work if done with full attention. When we do trading, if we think about all other things besides trading, then we cannot do trading properly. But it will be difficult to make the right decision in our trading when all the other thoughts come to our mind. It is better not to trade when we are too angry or too happy. When people are overly happy, people don't think too much in making decisions, while when people are angry, their brains don't work well, making them more likely to make wrong decisions. We have to keep a cool head and do trading as there is a possibility of losing our own money while trading.

[kamvreto]

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.

These are just alternatives to divert your emotions so you will not be totally in stuck with trading. However, I believe if you want to control or avoid having too much emotions when trading, set a boundary or a limitation to your emotions. You can’t be too happy or too aggressive when trading, that will lost your focus from your goal. If you can separate and avoid having high emotions when trading, that would create a more positive outcome from your trades.

This includes controlling emotions, by controlling emotions all strategies will work well and as desired. Everyone has different levels of emotions of course and when trading these emotions will influence how the trade ends up. Those who panic too much and prioritize emotions will not be patient and make several mistakes such as selling at a loss and not seeing how much they are losing at that time. It takes a lot of practice to be able to control emotions so they don't interfere with trading and this is not easy to do.

[AnonBitCoiner]

You must have complete focus on the task at hand when you do it. It is possible to get 100% results from any work if done with full attention. When we do trading, if we think about all other things besides trading, then we cannot do trading properly. But it will be difficult to make the right decision in our trading when all the other thoughts come to our mind. It is better not to trade when we are too angry or too happy. When people are overly happy, people don't think too much in making decisions, while when people are angry, their brains don't work well, making them more likely to make wrong decisions. We have to keep a cool head and do trading as there is a possibility of losing our own money while trading.

You have pointed out very necessary point which is key to success in trading. It's not easy to make decisions when we are not in normal situation wheather it is happiness or anger. In our Religion this is mandatory that one judge should not rule out in the anger. This happens with me and i have my own experience too. I was holding 1000$ and used 500$ for trading.I  decided to spend the $500 now and save the $500 and will only when market down much but when I lost 100$ , it's got me angry, my brain stops making right decision and I invested all amd lost 300$ in one hours. Gambling is same , at start one user bid small but when he lost some $ he lost his temper and bid high to recover, as a result lost all.

Free time is also required for good trading, if you are in hurry then you will not trade properly according to your strategy and you will take risk to complete trade earlier and will not care about point of buy and sell. I think taking loan is also very bad for trading because it will always in your mind how to double the money so that you able to back loan and also $ for trading. your own 50$ is better than loan of 1000$.

[SmartGold01]

You made some good point although I am not that into trading at the moment but sometimes we need to be dedicated on some specific areas before coming to teach people or airing it out to the public, sometimes people might not give you a listening ear due to your level and experience though you might be routed into that area but some people believed that anyone posting here might live and life of an example to show people proof that such thing they are saying is working for you and not just coming to say do that or do this why you are practicing it.

But from my little interest in that area I can see that not all people could embark in such types of trade why because we have daily traders, weekly traders, and monthly traders. Those who trades daily can't set stop lose or take profit while they are active on their windows trading. I think this could likely be effective to those who trades weekly or Monthly meaning they can sets up their take profits and stops loss to prevent them stop making lost before coming back to check their trade.

[Jody.Drummer]

These are just alternatives to divert your emotions so you will not be totally in stuck with trading. However, I believe if you want to control or avoid having too much emotions when trading, set a boundary or a limitation to your emotions. You can’t be too happy or too aggressive when trading, that will lost your focus from your goal. If you can separate and avoid having high emotions when trading, that would create a more positive outcome from your trades.

This includes controlling emotions, by controlling emotions all strategies will work well and as desired. Everyone has different levels of emotions of course and when trading these emotions will influence how the trade ends up. Those who panic too much and prioritize emotions will not be patient and make several mistakes such as selling at a loss and not seeing how much they are losing at that time. It takes a lot of practice to be able to control emotions so they don't interfere with trading and this is not easy to do.

Yes that's true and indeed only calmness will be able to bring maximum results, but that does not mean it always leads you to profit because still the market is difficult to predict and with that at any time you can experience losses, but I mean at least with calmness you will not experience too big a loss. Yes that's clear, indeed everyone has their own personal traits, especially in terms of emotions, some of them are easily provoked by emotions and there are also some who are easy to return to normal. And obviously it will greatly interfere with them when trading, especially for those who have difficulty calming their emotions, will often lose control and may be one of the common causes they will experience more losses than they should. And also as you say emotions can make people far from calm, they will have difficulty making decisions between buy or cell in certain market conditions, and if they force to keep entering then surely usually will end up with losses because of wrong decisions.

But well, this kind of incident has happened a lot and it is true that we must be more active in learning again, especially in controlling mentally and psychologically in order to always be calm when looking for daily or monthly targets from trading.

[Aanuoluwatofunmi]

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.

These are just alternatives to divert your emotions so you will not be totally in stuck with trading. However, I believe if you want to control or avoid having too much emotions when trading, set a boundary or a limitation to your emotions. You can’t be too happy or too aggressive when trading, that will lost your focus from your goal. If you can separate and avoid having high emotions when trading, that would create a more positive outcome from your trades.

When discussing about emotions in trading experience, we have to know that this does not include the pattern it types of trades we engaged, it's something that we should know and do in our own capacity to ensure that we curb the rate or extent to how we trade and loose on our positions more often than not, we know that it's not the trading we do that is not giving us the desired results but our own personal emotional challenge which should be treated before things go out of hands for us while trading.

[armanda90]

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

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

I like with the first points and seems most important have adopt by all trader where target for taking profit and should use stop loss feature how to face bigger risk later if outside from predicting price drop drastically. I don't think with scalping or long term holding have adopt with this points but its very important way for trader how to manage well profitable and less risk have target or set up take profit around few percent of raising up price. For stop loss can manage with until how many percent when some coins price dropping, usually for set up stop loss feature I used until get loss more than 20% and try to re opening new position if stop loss feature have been filled.
Don't be afraid when losing few percent of our capital after adapting stop loss feature because get great opportunity later with investing in lower price and recovery with how much loss before.

[Oilacris]

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.

These are just alternatives to divert your emotions so you will not be totally in stuck with trading. However, I believe if you want to control or avoid having too much emotions when trading, set a boundary or a limitation to your emotions. You can’t be too happy or too aggressive when trading, that will lost your focus from your goal. If you can separate and avoid having high emotions when trading, that would create a more positive outcome from your trades.

When discussing about emotions in trading experience, we have to know that this does not include the pattern it types of trades we engaged, it's something that we should know and do in our own capacity to ensure that we curb the rate or extent to how we trade and loose on our positions more often than not, we know that it's not the trading we do that is not giving us the desired results but our own personal emotional challenge which should be treated before things go out of hands for us while trading.

Self realizations and further adjustments would or should really be made because emotions are things that would really be that evident on the time that you do deal up with an investment which it is really that something unpredictable or totally random on which these reactions would really be that so common i should say. Sooner or later which you would really be able to make adjustments basing up on the experience that you have met up along the way on which it would really be that common sense or naturally that you would be making adjustments according into it or on what you do see
to be that relevant.
On the time that you had get used o within this market then you would really be able to handle yourself better compared when you are still just starting on and we know that not all
would easily be able to succeed on this space and this would matter whether you do have that good self control or not. Results might not assured but having that more experience
and having that stable emotional control will really be giving out that change or something that will be giving out that advantage compared among others.