Psychology or emotions?

[K_vin]

psychology and emotions contributes mostly to trading success or failure, I think they both have equal weights in effect on an individual in the trading industry

For example indiscipline may most likely have the same effect as fear or greed on a trader per time....what you think, does one have influence more than the other and how?

[Charles-Tim]

Please, bring something good next time. This thread does not worth a thread at all. Is their any field in life that indiscipline is good? How is indiscipline related to psychology and emotion in trading?

[K_vin]

The point is not really about what is good or bad, these two often cause the two biggest effects on a trader, my question is which do you think has more effect

[Zigabel]

psychology and emotions contributes mostly to trading success or failure, I think they both have equal weights in effect on an individual in the trading industry

For example indiscipline may most likely have the same effect as fear or greed on a trader per time....what you think, does one have influence more than the other and how?

Both have almost equal effect because literally one breeds the other so well, an emotional person wouldn't have a good psychology and someone who isn't okay psychological cannot have the best emotions to trade, so both needs to be in place properly for one to eb able to trade well, a good and stable psychology has got its own role it plays to keep someone emotionally stable enough to trade so for me I don't see any about the other but the two working together for a complete and healthy gambling environment to promote successful and profitable trading.

[Futurexxx]

psychology and emotions contributes mostly to trading success or failure, I think they both have equal weights in effect on an individual in the trading industry

  does one have influence more than the other and how?

As long as trading is concerned, nothing beats emotions, because your thinking capacity can be right, but if you are unable to control your emotions like fear or greed, all your trading skills will be laid waste, because lack of emotional control makes you take stupid decision you wouldn't ever take even when you are quite sure of what the market is about doing.
Lack of emotional control is what makes you questions the analysis you made which was actually right, you will see yourself cutting your losses in a trade that if you had stayed more longer you would have won and make a fortune from.

Then as for the psychological aspect, if it's not right, you practically wouldn't be able to make the right decisions and the psychology of a trader mostly get bruise when he or she has gotten some back to back and back to back losses, anytime a trader is  experiencing such, the best he can do for himself and regain his sanity is to stay off the market till he or she has cleared his head, but my  overall verdict is that they are both influencial on a trader.

[BIT-BENDER]

psychology and emotions contributes mostly to trading success or failure, I think they both have equal weights in effect on an individual in the trading industry

For example indiscipline may most likely have the same effect as fear or greed on a trader per time....what you think, does one have influence more than the other and how?

Psychology and emotions doesn't just affect only trading but also crypto-currency investment. Its psychology and emotions that can lead someone to either panic sell or buy, a more familiar term to describe if is FOMO fear of missing out and FUD, fear uncertainty and despair .
Just that the effects are seen quickly in trading. I think both psychology and emotions are behind experience when it has to do with crypto trading.

[K_vin]

Thats correct,..an imbalance in any of the two can cause the same adverse effect

psychology and emotions contributes mostly to trading success or failure, I think they both have equal weights in effect on an individual in the trading industry

  does one have influence more than the other and how?

As long as trading is concerned, nothing beats emotions, because your thinking capacity can be right, but if you are unable to control your emotions like fear or greed, all your trading skills will be laid waste, because lack of emotional control makes you take stupid decision you wouldn't ever take even when you are quite sure of what the market is about doing.
Lack of emotional control is what makes you questions the analysis you made which was actually right, you will see yourself cutting your losses in a trade that if you had stayed more longer you would have won and make a fortune from.

Then as for the psychological aspect, if it's not right, you practically wouldn't be able to make the right decisions and the psychology of a trader mostly get bruise when he or she has gotten some back to back and back to back losses, anytime a trader is  experiencing such, the best he can do for himself and regain his sanity is to stay off the market till he or she has cleared his head, but my  overall verdict is that they are both influencial on a trader.

I tell you the truth, nothing beats emotions, and I think psychology will always stand on the shoulders of emotions

[Mate2237]

When it comes to trading what matters the most the the psychology of the trader because psychology plays a very important role in the success of any one into trading one of the first things that most people are taught when it comes to trading is what they call the trading psychology because your view or perception about trading and especially making gain when it comes to trading plays an important role in the success of any traders

So when it comes to trading what is most important is psychology because you don't necessarily trade with your emotions because trading has nothing to do with emotions so your ability to predict the movement of the market is key and what will help you trade successful is psychology because you have to be in the right psychology when trading

[EluguHcman]

psychology and emotions contributes mostly to trading success or failure, I think they both have equal weights in effect on an individual in the trading industry

For example indiscipline may most likely have the same effect as fear or greed on a trader per time....what you think, does one have influence more than the other and how?

It is out of your psychological performance that drives your emotions and details it on how to act which then your trading results decides of you would be emotionally excited of broken (disappointed).

But if you must be a good trader, you must learn how to control your emotions because you might be unlucky in consecutive times to see losts and the more you are being emotionally weak is the more you are getting to make wrong trading decisions probably to the effect of  more looses or lack of financial management.

Since lack of emotional control ability has not been healthy for trading, it is expected that before one will engage on crypto trading, your emotions should be first prepared to accept whatever result may come out of it. This will ignite you to take adequate trading steps so that you can always standout and as well be self encourage to trade with tolerable funds in case of loss as trading has been involved with technicality of analytical knowledges.

[Grace333]

psychology and emotions contributes mostly to trading success or failure, I think they both have equal weights in effect on an individual in the trading industry

For example indiscipline may most likely have the same effect as fear or greed on a trader per time....what you think, does one have influence more than the other and how?

When talking about trading, it's obvious the market can be manipulated and times like this often make some analysis look incorrect whereas the only reason the market didn't obey those strategies is because of some whale who are just exercising  their powers in the market. However  its true both your knowledge  and emotion can affect your trading positively  or negatively. I'm  not into trading because the risk associated is not worth it. I prefer to make bitcoin  investment than diversity my portfolio  while I spend more chart viewing time.

[Stepstowealth]

psychology and emotions contributes mostly to trading success or failure, I think they both have equal weights in effect on an individual in the trading industry

Emotions are still under psychology to me, And this is because it is with the mind. People who try to differentiate it may only be trying to sophisticate it but if you master your psychology you will not easily be affected by your emotions or pushed into making emotional decisions that will affects the outcome of your trade. Emotions is under psychology, but emotions is not the only thing under psychology worth mastering. Trader wey master e psychology dun solve half of e problem.

[Africolo]

psychology and emotions contributes mostly to trading success or failure, I think they both have equal weights in effect on an individual in the trading industry

For example indiscipline may most likely have the same effect as fear or greed on a trader per time....what you think, does one have influence more than the other and how?

We study the market and wouldn't afford to toil with the chances given to us to trade explore our chances of generating profits. The emotion damage trading can cause to a newbie, not just them but to anybody, it can liquidate one's account  with full chest. Emotions is everything that have to do with the system, we trade because we're opportune to meet a solid entry, remember we don't open trade base on rare random guess but with back up formidable strategy.

The psychological sector overun all round functioning of the body and we intend to keep a clean plate because winning do come all round and not in just one specific direction. The psychological effects of a trader can be balance and ones that happens, he can open trades with high confidence of milking the market. We can never have a clue of what's coming for next in the market other than stick to a particular plan that will fetch us more profits.

[Salahmu]

psychology and emotions contributes mostly to trading success or failure, I think they both have equal weights in effect on an individual in the trading industry

The two has different meaning and what they stands for, Psychology is mostly for the act to no people and observed them but as for emotion it doesn't observe or even intend to no what is happening to you but instead you will just start feeling bad because of how something did not work according to your desire or expectation, so there meaning doesn't related, so actually in the trading were you are trying to do some thinking to know when to position your trading on the going direction is the psychology doing the study but when it goes right or wrong emotions will be right there, however emotions is not only when you lose but is also when did not because excitement is part of it.

[Doan9269]

psychology and emotions contributes mostly to trading success or failure, I think they both have equal weights in effect on an individual in the trading industry

For example indiscipline may most likely have the same effect as fear or greed on a trader per time....what you think, does one have influence more than the other and how?

Our psychology works the same line with how we react emotionally to situations when it comes to trading and taking some decisions on it, but there's a way we could cause a balance to them both by the way of reasoning towards what to do, how to do and when to execute that same intention on how mind, the psychology behavior of a trader works with his feelings, which tells more about the possibility or feasibility of getting something done in the best way to acheive a quality result, while our emotions will tells on how we have acted upon such feelings, being a trader, we need to learn how we could fix on these and make them all work together, this will help maximize our trading performance each time we are on it.

[Macabury]

Psychology and emotions are dangerous to a trader. It's best to deal on facts and research. Phycology is equivalent to 100% gambling. There is no sure assurance to phycology as well as emotional trading. Most of the outcome ends in disastrous failure. The success that comes in happens on a very rare occasion and it's always luck based.

[Zigabel]

psychology and emotions contributes mostly to trading success or failure, I think they both have equal weights in effect on an individual in the trading industry

For example indiscipline may most likely have the same effect as fear or greed on a trader per time....what you think, does one have influence more than the other and how?

This two works together, you can not talk about emotions with out mentioning the psychological state of the person because their emotions are usually affected their psychology, when they have a good psychological state their emotions too will be very balanced so i do see it like a complementary thing, if you have a good psychology that keeps you to sticking to your discipline, most definitely you are going to have your emotions under control as you going to have a really good money management skill that will inform your trades such that you are going to be really confident on your trades to the point you will not be stressed emotionally unlike others.

placing a Trade with a very calculated risk management strategy such that you know how much is at stake in every trade and so if it goes against you, you are going to be sure of how much you are loosing because your risk management has already informed you what is at stake and its such at hat you can handle should in case things go south and so even your emotions will not be troubled at that point because you are actually aware of what is at stake and its such that you are very comfortable with because you are thinking in a very good probability and not very high expectations and emotions. conclusively both psychology and emotions got a very vital role to play Trading but then Psychology influences the other the most but then working on both together is very essential.

[Gost ms]

The point is not really about what is good or bad, these two often cause the two biggest effects on a trader, my question is which do you think has more effect

In trading, controlling your impulses is very important. Because trading is very risky, it is very difficult for a new trader to control himself or control his impulses after losing. When a new trader trades, if he loses, he cannot accept himself and there is a lot of fear inside him, he cannot take the right decision and keeps losing one trade after another. If he can control himself or control his emotions after losing a trade, then he will be able to make a profit.

Always try to keep yourself away from trading. Always keep your eye on long-term investments.

[Gozie51]

Psychology be the umbrella wey emotion dey inside. Make we no forget say emotion wey we dey talk about na the same thing as feelings. So I believe say na psychology get more effect on a trader because that one involve behaviour, feeling or emotion, motive etc.

But na the context wey op take bring the matter come na im dey different. We also get market psychology wey mean within different people or trader dey feeling maybe about certain direction wey market price fit move to. For example when Trump make him order about using crypto for reserve, we fit ask or research wetin be market psychology on that policy.

Psychology controls emotion. Market psychology dey and individual psychology dey also market emotion dey and personal emotion dey too.

[Cryptohygenic]

The point is not really about what is good or bad, these two often cause the two biggest effects on a trader, my question is which do you think has more effect

The emotion for trading no be just about the expression of lost, e dey conciously reminds traders to dey well prepared by applying their best strategy because the trading market no dey friendly to pamper anybody.
And this emotion as fear be like normal behavior for traders because e go help you stay focused if we no want lost. Although the fact say we dey concious no mean say lost no go come if we no play the right part.
Also, when e comes to lost for trading, your na the phycological attitude go calm your mind like when you already don know say on 50/50 emotional level e fit happen or not.

[Sticky Bomb]

Please, bring something good next time. This thread does not worth a thread at all. Is their any field in life that indiscipline is good? How is indiscipline related to psychology and emotion in trading?

Exactly, I didn't find any reasonable point to contribute on. I know he's learning, but maybe for now he's the one that had to face the discipline of relaxing on thread creation and concentrate of contributing to threads until he's mature and constructive enough tho create a topic.

Indiscipline is a poison that affects all areas if life. As far as you lack discipline, success would be hard for you and even if you succeed by chance, there's slim chances you can maintain such success with indiscipline.