Xampeuu
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1442
Merit: 116
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 06, 2023, 07:26:36 AM |
|
TP (take profit) and SL (stop loss) are very important and useful tools for trading. Even if the stop loss is triggered, but the price continues to decrease and we could continue to make money, then this is still correct, because order in trading leads to good results, even if we get less in a local transaction. Everyone should have a strategy to follow.
Personal strategies must continue to be honed to get results that match what we want. It is indeed full of struggle to get good results and find the type of strategy that suits us personally. along the way, of course we go through trial and error stages until finally we have intuition about market movements and seem to have a feeling where the market will go
|
|
|
|
Questat
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 06, 2023, 09:26:02 AM |
|
TP (take profit) and SL (stop loss) are very important and useful tools for trading. Even if the stop loss is triggered, but the price continues to decrease and we could continue to make money, then this is still correct, because order in trading leads to good results, even if we get less in a local transaction. Everyone should have a strategy to follow.
Personal strategies must continue to be honed to get results that match what we want. It is indeed full of struggle to get good results and find the type of strategy that suits us personally. along the way, of course we go through trial and error stages until finally we have intuition about market movements and seem to have a feeling where the market will go Perhaps, no sweet success without difficulties and mistakes. As we come into trading, we not just learn how to find good strategies but also, we must deal with our emotions and manage them because this is a big factor that will affect the results of our trading journey. And most of the time, this is a reason for our failure. Some people will say it was easy, yet that was too difficult in real life. And I suggest dealing with it right or else, we never expect success but failure and losses.
|
|
|
|
Strongkored
Legendary
Offline
Activity: 2898
Merit: 1112
Vave.com - Crypto Casino
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 06, 2023, 09:27:00 AM |
|
Now I can control my emotions in trading. It's just that I don't understand chart patterns. Even though indicators are very helpful, I believe chart patterns must be mastered. now I have bought XRP at the top price. but I'm not in a hurry to sell it. This is just a bit of a beginner's mistake I guess. I just believe in predictions not with feelings like many people use because they always contain emotions.
If there is a trader who enters a trade because of feelings then it will be like he is making a big mistake because our feelings can be wrong, even when traders already have good knowledge, they can make wrong decisions because of many things, so traders should not make trades because of feelings. I believe all traders have made mistakes, even when they have been involved in this activity for a long time, selling or continuing to hold the coin will really affect your mentality and of all the coins, only Bitcoin is always recommended to keep holding when you have bought it at a high price because other coins are very easy to become trash.
|
|
|
|
JunkieMiner
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 412
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 07, 2023, 11:16:11 AM |
|
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
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Note:Some of these might not be applicable if you are into scalping. Emotions in trading should be kept under control, the emotions in trading matter a lot. For example, if a person is loss, then he only knows how to keep his emotions in control, then he has to do it in a way, that he needs to don't think much about the loss that he had. After doing this his stress will be overcome and he should start trading in a new way by following some new strategies this time. In this way he can also deal with his emotions, because emotions are strictly related to trading, not trading but in every field of life emotions play an important role.
|
|
|
|
Bitcoin_people
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 12, 2023, 12:13:14 PM |
|
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
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Note:Some of these might not be applicable if you are into scalping. Emotions in trading should be kept under control, the emotions in trading matter a lot. For example, if a person is loss, then he only knows how to keep his emotions in control, then he has to do it in a way, that he needs to don't think much about the loss that he had. After doing this his stress will be overcome and he should start trading in a new way by following some new strategies this time. In this way he can also deal with his emotions, because emotions are strictly related to trading, not trading but in every field of life emotions play an important role. If you can't control your emotions in trading, you can never be profitable and that is one of the most important things. An experienced trader is never emotional rather they can control their emotions. But if a new trader ever gets into losses while trading, he can't control his emotions and gets very frustrated. Many a times people lose trading because they are not able to control their emotions and become mentally broken. That's why everyone should control their emotions before trading, only then will it be possible to move forward in the future. If one can control one's emotions later by adopting all the strategies in trading, it is possible to gain profit in the future by trading. This is the most important thing in trading when you start trading you must invite your emotions.
|
| | . Duelbits | │ | | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | ██████████████████████████████████████████████████████ . PLAY NOW . ██████████████████████████████████████████████████████ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | |
|
|
|
Dickiy
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 12, 2023, 01:09:26 PM |
|
If you can't control your emotions in trading, you can never be profitable and that is one of the most important things. An experienced trader is never emotional rather they can control their emotions. But if a new trader ever gets into losses while trading, he can't control his emotions and gets very frustrated. Many a times people lose trading because they are not able to control their emotions and become mentally broken. That's why everyone should control their emotions before trading, only then will it be possible to move forward in the future. If one can control one's emotions later by adopting all the strategies in trading, it is possible to gain profit in the future by trading. This is the most important thing in trading when you start trading you must invite your emotions.
Of course, and I think that self-control in trading is the main point that we must have, although you may have a very accurate strategy to make a profit but I think it will be useless if you can't handle your own emotions especially by bringing greed. It must be remembered that in any case emotions and greed can very likely be the beginning of your destruction, and the final result will always be surprising, of course it's a loss. This is the main lesson that must be learned by those especially novice traders who have just come, it is very clear that they will be confused there, especially when they get a loss usually they will not accept it and after that they will lose control where because of their emotions they will spend all the balance they have until finally yes they experience MC. While for professional traders themselves it is clear that they have been in this field for a long time so almost all the conditions that exist there they already know, but I say even though they are professionals they will also never be able to escape losses but maybe they already have many ways to minimize their losses. The point is that there are so many things you have to prepare when you want to enter the world of trading, mental and psychological is needed so that you remain calm in all conditions and also of course the strategy is also your introduction to profit.
|
|
|
|
Bitcoinpoly
Newbie
Offline
Activity: 238
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 12, 2023, 03:52:22 PM |
|
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
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Note:Some of these might not be applicable if you are into scalping. This is a good piece. You shouldn’t allow emotions to rule over you as a trader. I’m sure those who utilize copy trading be at a good side regarding this.
|
|
|
|
SmartGold01
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 12, 2023, 04:52:04 PM |
|
Now I can control my emotions in trading. It's just that I don't understand chart patterns. Even though indicators are very helpful, I believe chart patterns must be mastered. now I have bought XRP at the top price. but I'm not in a hurry to sell it. This is just a bit of a beginner's mistake I guess. I just believe in predictions not with feelings like many people use because they always contain emotions.
If there is a trader who enters a trade because of feelings then it will be like he is making a big mistake because our feelings can be wrong, even when traders already have good knowledge, they can make wrong decisions because of many things, so traders should not make trades because of feelings. I believe all traders have made mistakes, even when they have been involved in this activity for a long time, selling or continuing to hold the coin will really affect your mentality and of all the coins, only Bitcoin is always recommended to keep holding when you have bought it at a high price because other coins are very easy to become trash. I think everyone who is a trader today has one way or the other passes through this stage and it's very hard to learn from others rather being an experienced trader. Though I might not know much about trading but with my little interest recently has shown me little bad color which I know is not something one can do away, as human we always allow that feeling to engulfed us at the starting point but whenever we come to realisation we then remove that in our mind to focus and abide strictly on the principles, rules and regulations that governed trading which is applicable to what op is saying, Yes there is no doubt people who said they don't attached emotions today were doing that initially before growing above such stage.
|
| | TheChange | | | | |
░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | | ..Crypto Exchange.. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
|
|
|
DVlog
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 12, 2023, 05:33:53 PM |
|
The only thing we can dealing with Emotion is by using great money management strategies. Humans can be emotional but if you have a money management strategy then it will keep you away from any emotional trade. Critical thinking and patience should be practiced if you are trading crypto. Another thing we should always keep in mind is anything can happen in crypto. So don't think something is impossible to happen in crypto. It will be best if you are more optimistic.
|
|
|
|
terrific
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 12, 2023, 06:03:43 PM |
|
The only thing we can dealing with Emotion is by using great money management strategies. Humans can be emotional but if you have a money management strategy then it will keep you away from any emotional trade. Critical thinking and patience should be practiced if you are trading crypto. Another thing we should always keep in mind is anything can happen in crypto. So don't think something is impossible to happen in crypto. It will be best if you are more optimistic.
I don't think that gives you an exception because even with that, you can't avoid being emotional with your trades. What you need to have is to control over yourself whether you've got money management or you don't have. Because by the end of your trades, you'll have to deal it on your own and that's gonna give you an experience to see if you'll be able to overcome it or not. But when you do, then you have the idea that you can and that shall continue as that gives you the pattern on how you'll do it.
|
█████████████████████████ ████████▀▀████▀▀█▀▀██████ █████▀████▄▄▄▄██████▀████ ███▀███▄████████▄████▀███ ██▀███████████████████▀██ █████████████████████████ █████████████████████████ █████████████████████████ ██▄███████████████▀▀▄▄███ ███▄███▀████████▀███▄████ █████▄████▀▀▀▀████▄██████ ████████▄▄████▄▄█████████ █████████████████████████ | BitList | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | List #kycfree Websites |
|
|
|
dunfida
Legendary
Offline
Activity: 3206
Merit: 1154
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 12, 2023, 07:35:10 PM |
|
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
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Note:Some of these might not be applicable if you are into scalping. Emotions in trading should be kept under control, the emotions in trading matter a lot. For example, if a person is loss, then he only knows how to keep his emotions in control, then he has to do it in a way, that he needs to don't think much about the loss that he had. After doing this his stress will be overcome and he should start trading in a new way by following some new strategies this time. In this way he can also deal with his emotions, because emotions are strictly related to trading, not trading but in every field of life emotions play an important role. If you can't control your emotions in trading, you can never be profitable and that is one of the most important things. An experienced trader is never emotional rather they can control their emotions. But if a new trader ever gets into losses while trading, he can't control his emotions and gets very frustrated. Many a times people lose trading because they are not able to control their emotions and become mentally broken. That's why everyone should control their emotions before trading, only then will it be possible to move forward in the future. If one can control one's emotions later by adopting all the strategies in trading, it is possible to gain profit in the future by trading. This is the most important thing in trading when you start trading you must invite your emotions. Or simply you wont really be making yourself that progressive or there wont really be that no improvement towards your trading career or path yet emotion is one of the most common problem that you would really be able to face off once you do step your foot in the world of trading. Why? whenever that something which involves money then it would really be just that normal for a person to be really that impulsive or really that highly reactive on which its not really that a shocking thing since we are really just that humans on having that giving out importance when it comes to money.So its normal that those reactions would be felt along the way but it does really have those effects towards on what you are doing specially on trading. It would really be stirring up your emotion and in result you would really be that lost of track on the plans that you had made out earlier or simply that you do become that ending up on being a gambler on which you have lost your analysis just because you do let your emotion control you. This is why we should really be that careful on dealing up with things and would really be acting accordingly. We cant really be just having that kind of stagnant kind of behavior or having that kind of tolerance because we wont really be making yourself that progressive on the time that you would be continuing on losing just because you do make out some alterations of your own analysis.
|
|
|
|
Natalim
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 12, 2023, 09:24:59 PM |
|
The only thing we can dealing with Emotion is by using great money management strategies. Humans can be emotional but if you have a money management strategy then it will keep you away from any emotional trade. Critical thinking and patience should be practiced if you are trading crypto. Another thing we should always keep in mind is anything can happen in crypto. So don't think something is impossible to happen in crypto. It will be best if you are more optimistic.
That seems easy to say but we are not a machine not has nothing to feel, we are human beings, and we are not immune to that, we can still be emotional no matter what. We can't stop being emotional but at least we find a way to minimize it and make a decision rightly. We only have two possibilities what will happen to our investment whether we lose or earn. But if we keep control of ourselves, the more chances to earn. There is a need for us to have constant practice on how to keep strong and it takes several months to deal with that.
|
|
|
|
kingvirtus09
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 896
Merit: 108
Hire Bitcointalk Camp. Manager @ r7promotions.com
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 13, 2023, 02:52:35 PM |
|
Emotions is a weapon used against traders causing them to move out of a trade untimely which may eventually cost them loss.
I don't agree with what you said; our emotions as individual traders are what we need. We cannot trade without it. That means that if we can control our emotions correctly, we can make a good profit in the end. What you said is not enough; it is not right that our emotions are the reason why we cannot make money here. Through our emotions, this will be the way to earn, and we will not earn in any trading business industry. Remember that. Do you think if you don't get emotional and control it, you will be able to sell at a loss because you see and hear a lot of people panicking? Of course, if you know what's going on, you'll just be calm, and you won't send such news. It means that you can control your emotions correctly so that your asset will not be moved to sell it; you will just be at ease.
|
|
|
|
Quidat
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 13, 2023, 08:51:04 PM |
|
Emotions is a weapon used against traders causing them to move out of a trade untimely which may eventually cost them loss.
I don't agree with what you said; our emotions as individual traders are what we need. We cannot trade without it. That means that if we can control our emotions correctly, we can make a good profit in the end. What you said is not enough; it is not right that our emotions are the reason why we cannot make money here. Through our emotions, this will be the way to earn, and we will not earn in any trading business industry. Remember that. Do you think if you don't get emotional and control it, you will be able to sell at a loss because you see and hear a lot of people panicking? Of course, if you know what's going on, you'll just be calm, and you won't send such news. It means that you can control your emotions correctly so that your asset will not be moved to sell it; you will just be at ease. Emotion would really be a huge factor in speaking about its relevance when it comes to trading career or whatever investment venture that you are dealing with. Control is relevant and significant but of course it would really be just that depending or basing up on someones experience on how they would really be making themselves that having in control on such situation. Experience is really that relevant on which this one would really be telling you on the things that you would gonna do. If you do find yourself that cant really be able to control your emotion then this is where problems do really start and on the time that you had been able to realize then its already late or damage had already been done. Good thing that on the time that we do gain up experience then we do really become more better but of course it would really be that depending on a certain individual on how they would really be dealing up on something like this on which we do know that its never been simple to control up emotions on the time that you are in a such condition and this is something that we do really need to look upon.
|
|
|
|
Pandu Geddon
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 13, 2023, 10:20:29 PM |
|
Emotion would really be a huge factor in speaking about its relevance when it comes to trading career or whatever investment venture that you are dealing with. Control is relevant and significant but of course it would really be just that depending or basing up on someones experience on how they would really be making themselves that having in control on such situation.
because people who are not experienced in trading will easily panic when they see price movements, I even have friends who are just learning to trade and are very stressed and busy always looking at the trades being made. Controlling emotions in trading can only be done by those who already have experience. and beginners don't need to be afraid, because the more often they trade, they will gain experience from which they can learn. and indirectly it fosters emotional control. although in this case everyone's level of understanding will be different.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
kingvirtus09
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 896
Merit: 108
Hire Bitcointalk Camp. Manager @ r7promotions.com
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 14, 2023, 05:21:38 PM |
|
Emotion would really be a huge factor in speaking about its relevance when it comes to trading career or whatever investment venture that you are dealing with. Control is relevant and significant but of course it would really be just that depending or basing up on someones experience on how they would really be making themselves that having in control on such situation.
because people who are not experienced in trading will easily panic when they see price movements, I even have friends who are just learning to trade and are very stressed and busy always looking at the trades being made. Controlling emotions in trading can only be done by those who already have experience. and beginners don't need to be afraid, because the more often they trade, they will gain experience from which they can learn. and indirectly it fosters emotional control. although in this case everyone's level of understanding will be different. It means that what you mentioned is, the lack of knowledge will cause us anxiety when there is a massive dump in the market. In addition to this, because we also lack knowledge, this is also the reason for the trader who buys crypto in this field to doubt himself. But, if we use our emotions properly and correctly, the results of our trading activity in our lives will be good.
|
|
|
|
Lorence.xD
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 14, 2023, 05:37:54 PM Merited by fillippone (1) |
|
Emotion would really be a huge factor in speaking about its relevance when it comes to trading career or whatever investment venture that you are dealing with. Control is relevant and significant but of course it would really be just that depending or basing up on someones experience on how they would really be making themselves that having in control on such situation.
because people who are not experienced in trading will easily panic when they see price movements, I even have friends who are just learning to trade and are very stressed and busy always looking at the trades being made. Controlling emotions in trading can only be done by those who already have experience. and beginners don't need to be afraid, because the more often they trade, they will gain experience from which they can learn. and indirectly it fosters emotional control. although in this case everyone's level of understanding will be different. I think it's normal for them to feel that way since they are just started learning to trade, they are not yet fully experienced in crypto trading so they don't have any idea how controlling your emotion has a huge impact or affect to your decision making in trading. Too much focus on the market's value movement, without knowing the possible reason behind it could give you any emotion and thoughts that might lead to bad calls which they've need to enhanced and to be calm in any situation. Learning by yourself or from your own experience is the best way to be independent here in trading, cause I have seen some relying in another trader's call which I think is really bad, cause you risking your funds into someone's call which might be a wrong move as well.
|
|
|
|
█▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄ | | . Stake.com | | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | █▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄ | | . PLAY NOW | | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ |
|
|
|
Baki202
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 18, 2023, 02:50:09 PM |
|
The only thing we can dealing with Emotion is by using great money management strategies. Humans can be emotional but if you have a money management strategy then it will keep you away from any emotional trade. Critical thinking and patience should be practiced if you are trading crypto. Another thing we should always keep in mind is anything can happen in crypto. So don't think something is impossible to happen in crypto. It will be best if you are more optimistic.
There are problems that, even with money, you will find impossible to overcome, therefore you will still be emotionally involved. Saving or managing money won't even cross your thoughts at this point because the money you are generating is not even enough to cover your needs. and to succeed in any kind of financial investment, you need to be patient and pay close attention. and when it comes to cryptocurrency, you need to be wise.in order to prevent investment regret.
|
|
|
|
DVlog
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 18, 2023, 03:24:18 PM |
|
The only thing we can dealing with Emotion is by using great money management strategies. Humans can be emotional but if you have a money management strategy then it will keep you away from any emotional trade. Critical thinking and patience should be practiced if you are trading crypto. Another thing we should always keep in mind is anything can happen in crypto. So don't think something is impossible to happen in crypto. It will be best if you are more optimistic.
There are problems that, even with money, you will find impossible to overcome, therefore you will still be emotionally involved. Saving or managing money won't even cross your thoughts at this point because the money you are generating is not even enough to cover your needs. and to succeed in any kind of financial investment, you need to be patient and pay close attention. and when it comes to cryptocurrency, you need to be wise.in order to prevent investment regret. If you are not generating a sufficient amount of money then there is no point in saving money. The first condition is to have funds to conduct trading activities. If you meet that condition then you can think about money management. You can be wise or not but you need to be smart to be successful and a smart person always has a plan for his future actions. Money management is something that can give you confidence that it will give you the feeling that you are making an investment not gambling with it.
|
|
|
|
Dimitri94
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 18, 2023, 04:37:15 PM |
|
When it comes to trading, it all depends on the type of coin you choose. If the coin you choose to trade doesn't have the potential to be profitable because of your ignorance, instead of reducing the emotional level that will appear, it can increase. Apart from the concept of take profit and stop loss. I am not forbidding people from trading, but it is better to avoid it if there is no knowledge about trading.
Agreed, knowledge is very important thing in trading without which disaster can happen anytime. Of course at the beginning of the investment a trader has to select his coins. He should proceed with trading considering which coins he wants to invest and which will be profitable. We often see traders trading in some coins where the coin is already very bullish based on its position but there are some traders who are still investing there expecting more to invest in that coin but they don't know how much the market cap of that coin will need for profit. They should observe those things carefully. Emotions have no place in trading so one should acquire knowledge as much as possible. Each case should be properly observed by knowledge.
|
|
|
|
|