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Author Topic: How to handle emotions when you lose during trading.  (Read 1033 times)
gunhell16
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April 06, 2024, 02:33:48 PM
 #61

No trader can control his or her emotions 100%. There are days we feel sad over our losses and there are days we get excited because of the profits we have made. So, getting emotional is normal as a trader but it only becomes a problem when we allow our emotions go out of hand to the extent of controlling our actions. Traders need to really understand that as far as trading is concerned, losses are bound to occur,  so their is no point feeling guilty and blaming oneself over losses that occurred, such acts will only escalate things and cause more harm. Rather, if a trader feels like his mistakes caused his loss, he should learn from such mistake and upgrade his skill. Getting losses is not a death sentence, upgrade yourself and enjoy the world of trading.
That’s right. Emotions are inevitable, so it will always comes out no matter how we keep trying to control it. And that’s normal for us traders. However, majority of newbie traders are said to trade following their emotions and satisfy them, not realizing that it would only lead them to make undesirable trades which would always end up in losses.

Emotions are the best enemy in trading. So if you think you are feeling high emotions, just learn to take a break from trading right away. That’s the best way so you can avoid or limit your losses in trading. Just return to trading if you think your emotions are already stable.

We can control our emotions, but not really 100%, especially in things that we don't expect to happen often. Our adrenalin suddenly changes in such situations. So it is important for us traders to have control over ourselves while conducting trading activity on an exchange.

And the only thing that is often carried by their emotions is that they cannot control it when there is a sudden fall in the coins that we hold as holders.


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April 06, 2024, 03:27:16 PM
 #62

I agree with you many times in trading we can't control our emotions many times we get emotional. If we decide not to control our emotions then we don't get much success in trading so controlling our emotions is very important. Big traders lose control of emotions. When it comes to trading, we must have enough knowledge about the trade. If we don't gain enough knowledge about the trade, how can we trade? Newbies must first gain enough knowledge about the trade. have to do  In the case of trade, we should always have a long-term plan. If we keep a long-term plan and can trade patiently by checking the market, we can definitely get success through this trade.

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April 06, 2024, 04:57:08 PM
 #63

Look the best way to control your emotions is to make up your mind that trading is only a side income and you can't be completely dependent on it. I know some people will say that it's a full time opportunity blah blah. It can be true but it brings a lot of stress with It if we go with it as a solo option for earning.

You have to make sure that you only invest the amount that is spared and not needed for a long time. If that money is gone it shouldn't affect your life. Yet you'll be a little bit affected by the loss and that's natural to try to control your nerves. When you go through these types of situations spend time with your loved ones who will love you no matter what your financial conditions are you'll definitely feel better.

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April 06, 2024, 07:42:07 PM
 #64

Look the best way to control your emotions is to make up your mind that trading is only a side income and you can't be completely dependent on it. I know some people will say that it's a full time opportunity blah blah. It can be true but it brings a lot of stress with It if we go with it as a solo option for earning.

You have to make sure that you only invest the amount that is spared and not needed for a long time. If that money is gone it shouldn't affect your life. Yet you'll be a little bit affected by the loss and that's natural to try to control your nerves. When you go through these types of situations spend time with your loved ones who will love you no matter what your financial conditions are you'll definitely feel better.
Trading only becomes stressful and frustrating when you trade using your own hard-earned funds that only end up with losses. That will really make you sick with trading, most especially if you made it as your main source of income, when in reality it shouldn’t be due to its high risk and highly unpredictable outcome. So the best solution is probably never trade if you think the market condition is not suitable to trade, and trade only as your side hustle, so that losses might still be bearable since you’re not trading for survival, but just for extra income.

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April 06, 2024, 11:31:04 PM
 #65

That’s right. Emotions are inevitable, so it will always comes out no matter how we keep trying to control it. And that’s normal for us traders. However, majority of newbie traders are said to trade following their emotions and satisfy them, not realizing that it would only lead them to make undesirable trades which would always end up in losses.

Emotions are the best enemy in trading. So if you think you are feeling high emotions, just learn to take a break from trading right away. That’s the best way so you can avoid or limit your losses in trading. Just return to trading if you think your emotions are already stable.

We can control our emotions, but not really 100%, especially in things that we don't expect to happen often. Our adrenalin suddenly changes in such situations. So it is important for us traders to have control over ourselves while conducting trading activity on an exchange.

And the only thing that is often carried by their emotions is that they cannot control it when there is a sudden fall in the coins that we hold as holders.

Actually and basically having the ability to control yourself and emotions is always recommended because this will be useful for many things in your life and not just in the world of trading which as we know that something that is done based on emotions will always lead us to situations that are ultimately much worse, such as when you experience problems in life which instead of solving problems but instead add problems because you make decisions based on emotions.

Especially in the involvement of trading where trading is a profession that strongly involves money as capital to gain profits and the possibility of loss as a risk that can never be avoided completely. So of course a trader is required and demanded to have control over himself and his emotions because this is a profession that always requires making the right decisions to be able to gain profits, while on the other hand when you are experiencing emotions then obviously it is very unlikely for you to be able to make the right decisions in the midst of emotions that are dominating which in the end in some cases some traders even suffer a considerable amount of losses.

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April 07, 2024, 03:00:01 AM
 #66

Do not overtrade, always allocate time for relaxing and purifying the mind.

This is one of the major reason why most traders become emotional due to over trading and not sparing time for other things, these set of people don't take their eyes off the market even when the market isn't favourable but yet they will always want to diverse means to maneuver but yet at the end of the day, they keep losing and become so emotionally attached to their trading behaviours

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April 07, 2024, 08:18:48 AM
 #67


We can control our emotions, but not really 100%, especially in things that we don't expect to happen often. Our adrenalin suddenly changes in such situations. So it is important for us traders to have control over ourselves while conducting trading activity on an exchange.

And the only thing that is often carried by their emotions is that they cannot control it when there is a sudden fall in the coins that we hold as holders.

Controlling emotions is not an easy task but to some extent we can hide our emotions in order to avoid losses in our life. Emotions play an adverse rule if we don't are not satisfied with our profit and wish for more so I think once we accept our little profit then we will not decide wrong that will put adverse effects on our future.

If we are long term holders then sudden changes can make our decision altered but we have to think about target instead of wasting time on useless thoughts. Thinking all the time about market changes can also be possible for putting you in greed or fear therefore keep control your emotions while you see that market is fluctuating more.



 

 

 

 

 

 


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April 07, 2024, 08:58:57 AM
 #68

You what to handle your emotion when you lose trade? It is very simple and you don't have to worry yourself too much about it.
The first thing to do is to get out of the house, maybe to a restaurant or a reserve place and ho get some food and drinks.
You can even call your friends or love one to join you. Eat good food and have funs with people around you to ease the emotion that is troubling. After that you can go home because you must be tired by then, you can on TV and watch your favorite program or just go to bed. By the time you wake up the second day, you will feel alright.









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April 07, 2024, 05:09:27 PM
 #69


Overtrading is not good at all. It is bad for health and also it might lead to losses. But if a trader is good, as he is making money from trading, it will enliven him to be opening positions more often but and checking the market also more often. This is not good at all. Too much trading is not good.

If someone is doing overtrading, it may not have enough time to do technical analysis about the coin it wants to trade. If not because of eagerness to make quick money, why would someone be doing overtrading, when managing even one trading is not easy due to the risk trading involves? If someone involved itself by doing overtrading, it may likely to lose even if the person is a good trader, as the person is just trading to put themselves in a position of losing money in trading.

One of the cause of failure in trading is too much leverage. But also the coin that we are using to trade is very important. You can be a good trader but the coin you are trading can be causing losses. Do not trade shit coins.

A trader should always know that trading is as risky as gambling. This is very important. The risk should be minimize with good strategies and also aiming for profit.

Traders are always selective about the coin they want to trade, so whenever a trader does technical analysis, it will definitely know whether it is shit coins promising or not, traders can't really avoid all shit coins because many of them make good profit from there but the truth is that when trading shitcoin, I will advise not to trade with a huge amount of money.

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April 07, 2024, 09:30:48 PM
 #70

Look the best way to control your emotions is to make up your mind that trading is only a side income and you can't be completely dependent on it. I know some people will say that it's a full time opportunity blah blah. It can be true but it brings a lot of stress with It if we go with it as a solo option for earning.

You have to make sure that you only invest the amount that is spared and not needed for a long time. If that money is gone it shouldn't affect your life. Yet you'll be a little bit affected by the loss and that's natural to try to control your nerves. When you go through these types of situations spend time with your loved ones who will love you no matter what your financial conditions are you'll definitely feel better.
Trading only becomes stressful and frustrating when you trade using your own hard-earned funds that only end up with losses. That will really make you sick with trading, most especially if you made it as your main source of income, when in reality it shouldn’t be due to its high risk and highly unpredictable outcome. So the best solution is probably never trade if you think the market condition is not suitable to trade, and trade only as your side hustle, so that losses might still be bearable since you’re not trading for survival, but just for extra income.
Dont make yourself that too rush when making up a trading position on which we know that this is something that cant really be done so easily because we are dealing with an unpredictable market on which there's no way
that you could really be able to make positions that too easy. Come to think that everything is random and since we are just humans then emotions would really be normally be kicking, it would really be just that a matter of self control and handling on such condition. This is why it would really be better that you do really know on what you are doing and loses is really that very normal and this is something that needs up to have that kind of control and moderation because if you do miss it out or simply you do become that impulsive then it would really mess up your trading plans and analysis entirely.

One of the best things that you should do is to be versatile and self acceptance because if you do find yourself that too highly reacting into various situations then you cant really be able to think up well.

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April 07, 2024, 10:21:08 PM
 #71


Overtrading is not good at all. It is bad for health and also it might lead to losses. But if a trader is good, as he is making money from trading, it will enliven him to be opening positions more often but and checking the market also more often. This is not good at all. Too much trading is not good.

If someone is doing overtrading, it may not have enough time to do technical analysis about the coin it wants to trade. If not because of eagerness to make quick money, why would someone be doing overtrading, when managing even one trading is not easy due to the risk trading involves? If someone involved itself by doing overtrading, it may likely to lose even if the person is a good trader, as the person is just trading to put themselves in a position of losing money in trading.
The reason is always about money or to make money faster and bigger so they trade in an excessive way, as in general that indeed all traders have the goal of making a profit, but all the results will be changed if you do it the wrong way or not right like treating trading activities in an excessive way which in any case something that is done in excess usually produces something bad.

After all trading always requires calmness in terms of decision making, but when you overdo it then yes obviously there is a big possibility that in the end instead of making a profit you end up with a lot of losses. Trading is difficult and sometimes when we spend too much time in the market then it is usually very easy for us to lose consciousness over time because of seeing market conditions that always seem to be a favorable moment which actually happens because your concentration and focus have begun to break down due to being there for too long which ends up with mistakes in decision making, this is the reason why we are advised to apply profit targets and loss limits, so that we don't stay in the market for too long.

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April 07, 2024, 10:55:53 PM
 #72


We can control our emotions, but not really 100%, especially in things that we don't expect to happen often. Our adrenalin suddenly changes in such situations. So it is important for us traders to have control over ourselves while conducting trading activity on an exchange.

And the only thing that is often carried by their emotions is that they cannot control it when there is a sudden fall in the coins that we hold as holders.

Controlling emotions is not an easy task but to some extent we can hide our emotions in order to avoid losses in our life. Emotions play an adverse rule if we don't are not satisfied with our profit and wish for more so I think once we accept our little profit then we will not decide wrong that will put adverse effects on our future.

If we are long term holders then sudden changes can make our decision altered but we have to think about target instead of wasting time on useless thoughts. Thinking all the time about market changes can also be possible for putting you in greed or fear therefore keep control your emotions while you see that market is fluctuating more.
Let’s just accept the fact that if you decide to trade, you should set some limits on your emotions. Emotions are part of a human behavior, without it, you will never be called a normal human being. However, if you can control or lessen your emotions as much as possible, most especially in a risky activity like trading, then you should stick to it. Otherwise, if you fail to control your emotions consistently and tolerate that thinking, you will never be a good and productive trader in the future.
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April 07, 2024, 11:58:41 PM
 #73

Look the best way to control your emotions is to make up your mind that trading is only a side income and you can't be completely dependent on it. I know some people will say that it's a full time opportunity blah blah. It can be true but it brings a lot of stress with It if we go with it as a solo option for earning.

You have to make sure that you only invest the amount that is spared and not needed for a long time. If that money is gone it shouldn't affect your life. Yet you'll be a little bit affected by the loss and that's natural to try to control your nerves. When you go through these types of situations spend time with your loved ones who will love you no matter what your financial conditions are you'll definitely feel better.
Its certain that if you ended up with unbearable losses, you will eventually become highly affected and emotional on that. Everyone knows that. But I believe if you stick to your trading plan, and trade only on such amount that you are comfortable to lose, then losing in trading might never be a big issue for you.

Also, you were right then. Don’t rely in trading for your income completely. You will only get hurt and frustrated if your expectations weren’t met, so avoid that kind of mindset.

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April 08, 2024, 12:03:23 PM
 #74

Someone with enough knowledge about the market and the ups and downs this path of trading can have would never leave the market due to losses they incur in the initial stage because they would know these things happen when you get into a financial market while having no previous experience with such things. Such people will keep learning and improving over time so that they can correct the mistakes they have previously made to avoid more losses.

Only people who lack knowledge about trading and the market will leave the market after incurring losses in the initial stage because they don't know it's normal and even experts have to face losses in certain market situations so there is nothing to worry about this and they need to keep patience and keep learning.

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April 08, 2024, 12:09:52 PM
 #75

How to handle emotions when you lose during trading. Basically, you already said it before and that all is true in my opinion, but I want to mention one thing do not trade using leverage hahaha I mean leverage trading looks delicious but it comes with greater risk I mean crypto itself is already high risk and if you trading with leverage meaning you double the risk IMO.
Crypto trading can be boring at some point and the major reason you believe leverage trading is delicious is because of the beautiful reward it involves. Just as you have said if we judge the leverage based on the risk it entails it's never a good form of trading and I always advise people not to partake in it.


Do not overtrade and keep money management tight, if you trade spot only overtrade is unlikely to happen since you put Entry Take profit, and stop loss and  yo go not to watch and stick to the monitor all day long at least this happen to me. FInaly if you still like using leverage trading know when to take profit and know when to stop
The best way to not overtrade is to take a break from crypto trading and in some cases, it also helps with money management for those that can't control their emotion.






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April 08, 2024, 03:11:15 PM
 #76

When it comes to trading, you must learn to control your emotions. If we don't have full control over our emotions then we will definitely get hurt by trading. For example, we take a trade and after taking the trade, the market temporarily dumps a bit and that dumping lasts for a while, then if we get excited and think with our emotions instead of thinking with our conscience, we sell our coins at a loss at that time, but there We had a big loss.But at that time if we wait for some time without getting overly excited and wait for the good condition of the market then the money that we have faced will recover again when the market is in that condition. This happened to me a lot but I was patient during that time and I waited for some profit. Maybe it is very difficult and very challenging but it is much better to accept this challenge than to lose your money.
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April 08, 2024, 03:32:43 PM
 #77

Look the best way to control your emotions is to make up your mind that trading is only a side income and you can't be completely dependent on it. I know some people will say that it's a full time opportunity blah blah. It can be true but it brings a lot of stress with It if we go with it as a solo option for earning.

You have to make sure that you only invest the amount that is spared and not needed for a long time. If that money is gone it shouldn't affect your life. Yet you'll be a little bit affected by the loss and that's natural to try to control your nerves. When you go through these types of situations spend time with your loved ones who will love you no matter what your financial conditions are you'll definitely feel better.
Trading only becomes stressful and frustrating when you trade using your own hard-earned funds that only end up with losses. That will really make you sick with trading, most especially if you made it as your main source of income, when in reality it shouldn’t be due to its high risk and highly unpredictable outcome. So the best solution is probably never trade if you think the market condition is not suitable to trade, and trade only as your side hustle, so that losses might still be bearable since you’re not trading for survival, but just for extra income.

What other money do you want to use than your own hard-earned money? That of others like FTX? Or do you want to borrow it via loan?

Either way, the pain is big anyway. With your own hard-earned money, you're still best off. Because the money is "just" gone. With the second and third (through fraud or loan), you could even go to jail.
Losing money is always hard to accept, so you should only use what you can lose without running yourself ragged.
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April 08, 2024, 03:56:03 PM
 #78

Do not overtrade, always allocate time for relaxing and purifying the mind.

This is one of the major reason why most traders become emotional due to over trading and not sparing time for other things, these set of people don't take their eyes off the market even when the market isn't favourable but yet they will always want to diverse means to maneuver but yet at the end of the day, they keep losing and become so emotionally attached to their trading behaviours
Trading most times doesn't work the way we think of and shouldn't be followed that way otherwise losing is inevitable, but when trading and develop some special time to attempt to other things like some activities then it would enable you know how to channel your trading. This could be giving some hours, be it 3 to 6 hours when dedicated to trading after which it would enable you to have another nice market setup to trade than constantly remaining on trade for 24hrs to me I don't see any difference on how much to be made on a 24hrs trading standby irrespective of the trading type.

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April 08, 2024, 04:18:26 PM
 #79

Quote from: Bushdark
You what to handle your emotion when you lose trade? It is very simple and you don't have to worry yourself too much about it.
The first thing to do is to get out of the house, maybe to a restaurant or a reserve place and ho get some food and drinks.
You can even call your friends or love one to join you. Eat good food and have funs with people around you to ease the emotion that is troubling. After that you can go home because you must be tired by then, you can on TV and watch your favorite program or just go to bed. By the time you wake up the second day, you will feel alright.
For you not to experience the loss so long, just refer yourself to some traders that lose huge amount of money that is bigger than your own loss and they are still trading without worry, I believe the moment you begin to reason that way, you will be free from the emotion that will make you to give up on trading.

There are some traders that will use that period to visit their friends that used to discuss about football and some clubs, and the emotion will leave and they will no longer think of the money they lose in their trading than to start thinking how to trade to improve.
  Anytime such emotion is coming to me when I lose in trading, I will use this simple strategy to quench the emotion by playing my favorite music through out the day to ensure the emotion disappear from me.

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April 08, 2024, 07:39:49 PM
 #80

It is also of utmost importance not to approach the market while having anger or irritation because, in this case, actions are driven by emotions, not by rational sense.
Of all the suggestions you listed, thay in quote should be first among them. You don't settle an emotional problem with emotion. You come intentional with facts to confront reality. This is what happens when profitable traders have losing streaks and decide to stay away from trades just so they can go back and analyse every step that earned them money and those steps that lost them money. Sadly, amateur traders and trader–wannabes find this simple fact incomprehensible. They want to be seen trading always to be able to adorn that garb of that they're trading. Wrong mindset.

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