What are the ways to control emotions during trading ?

[traderethereum]

No one likes to take losses. You do the right thing to avoid greed and happy with the small profits. In this unpredictable market situation, we can't expect to make big profits but we should take any profit we can. If you sell the coins and make small profits but then the price increases, you should not feel stupid or sad. You can trade again and make a profit again. If you rinse and repeat, your profit will be bigger. No matter if you trade three times and make a big profit or trade one time and make a big profit. That still profits. You should feel happy because you can still make a profit while many traders out there suffer because of their losses.

[BitBakerr1]

You should not blame yourself whenever you take profit and later you notice that the market is still going off the reason why you should not blame yourself is because you don't know the future if you make a little profit be happy for the little you have gotten because you may decide to leave it thinking it will continue growing in price and it goes down so don't even blame yourself, the most important thing is that you are gaining more than you are losing.
One of the ways that you can come out of this and become thankful for every money you get without blaming yourself is for you to leave a trade you enter into until it falls when this happens to you then you will learn and appreciate what ever you get from every trade you get involved.

[Jewan420]

There is no solution to this, just change your thinking and try to stay free from temptation. When you try to be content with little, you can get a small profit and get a solution to this problem. Imagine the negative impact when you regret seeing the price increase further after selling. What if the market had gone down? Then you would have had to count the losses. In trading, it is always good to remember that big profits mean big risks of loss. Small profits have small profits but small risks of loss. There is no strategy to change your mindset if you do not have a sense of remorse and cannot control temptation.

[Powerjumboo]

I follow some basics during trading . Like I make plans while I first start trading. When to enter, when to exit, what If price hits SL? I do not like to take losses and that is why I usually make small profits. if I see price increases 3%, I sale always.
The problem I face is , I open orders frequently and take profits in very short time. But if I see price increase   after I sale , I feel like stupid. I don't know how to control this . Help me ?

Your strategy is not bad at all because you are selling your trade at a small profit and taking profit from it. However, the regret that you have pushes this regret away because it is wise to be satisfied with a small profit. If the price increases after selling the trade, then it is not right to regret. However, it is better to trade once or twice a day than to trade frequently, because the chances of loss are much less. And you can solve this problem yourself, for this you need to refrain from taking small profits frequently on the trading platform.

[Popkon6]

I follow some basics during trading . Like I make plans while I first start trading. When to enter, when to exit, what If price hits SL? I do not like to take losses and that is why I usually make small profits. if I see price increases 3%, I sale always.
The problem I face is , I open orders frequently and take profits in very short time. But if I see price increase   after I sale , I feel like stupid. I don't know how to control this . Help me ?

In my opinion you are right so far, but if you are greedy to gain more benefits by seeing the high speed of the market, then you will face losses. You should never be greedy in trading, then you will lose, because the market is dumping at any time, and it can rise at any time, there is no specific control. So I say you should be patient as much as you can with the benefits and take profits from your trading, then your chances of losing will be less. But whenever you wait to get more profits, the chances of you losing immediately will be more.

[adultcrypto]

I follow some basics during trading . Like I make plans while I first start trading. When to enter, when to exit, what If price hits SL? I do not like to take losses and that is why I usually make small profits. if I see price increases 3%, I sale always.
The problem I face is , I open orders frequently and take profits in very short time. But if I see price increase   after I sale , I feel like stupid. I don't know how to control this . Help me ?

If you are not ready to take losses, then the right thing to do is to stop trading because you cannot avoid taking losses in trading irrespective of how well you think you have mastered the skillset. The first step at controlling your emotion is accepting the reality that there must be losses in trading which means the only way to succeed is to ensure your losses are smaller than your profits. This is where developing a good trading strategy comes into play, a strategy that ensure that losses are minimal to enable the trader optimize the profit.

A good trading strategy outline all the signals needed to pull the trigger with a define stop out and a target. If all the signals does not align, the trade should be avoided, this is how you control the number of trades you take to avoid overtrading which is also very dangerous.

[Finebone]

I follow some basics during trading . Like I make plans while I first start trading. When to enter, when to exit, what If price hits SL? I do not like to take losses and that is why I usually make small profits. if I see price increases 3%, I sale always.
The problem I face is , I open orders frequently and take profits in very short time. But if I see price increase   after I sale , I feel like stupid. I don't know how to control this . Help me ?

Everything you said here is purely what has happened to every trader from the beginning, so it's very clear that you are trading with your emotions at the highest level, and one thing you have to understand is that if your emotions is not tamed, you will still be repeating it again and again just as you have said in your op post, so my advice to you is that if your emotions is messed up to the level where you are now trading with fear, you should take a break for a while till their is no symptom of fear in you. Then after that make sure you trade with an amount you can afford to lose, so that even in the worst scenario, it wouldn't have much impact on your mental state or your finance, that way you wouldn't be making emotional decisions.

And another thing is that when you took a trade, set your take profit and stop loss, then move on or wait for the final outcome of the trade, it's either it hit your stop loss or your take profit, that way you will never see yourself cashing out little profit when you should be making more.

[puloweh555]

bro your trading plan is kinda cool because you are obviously doing the basic things right!! entering, exiting & setting stop losses is just the key to a healthy trading journey, the actual issue is just the emotions! like you end up taking profits too quickly and at end if the price push up in a good way you start feeling bad for it, well that's like a general issue for several traders out there because no one can definitely catch the market move all the time but to avaoid regret maybe you can just sell part of the position early and then try to allow the rst to run on but with a stop loss of cause but one key thing is to always follow you initial plan not not give a rat a*ss of what the market price does after you have exited

This strategy should be employed in every trade, as greed will lead to greater losses. It's better to make a small profit than to suffer a loss, even if the price rises again when you stop out. Never regret it as you made the right decision.

Emotions are a part of trading, and we can't avoid them. They are inherent in every human being. Therefore every trader must be able to manage them. Even if your emotions flare up when you stop out and the price starts to rise, you should remain grateful because by being grateful, you've indirectly controlled your emotions.

[tvplus006]

One trick that helps is to write down your plan before entering each trade for example target 3% profit stop loss at 1% risk and once either hits walk away over time you can slowly extend your targets like going for 5% or 7% if your strategy supports it but don’t force it let your data guide you. So in short don’t feel stupid for taking profit the goal is consistency not perfection the market will always move after you exit what matters is that you leave with money in your pocket not regrets.

The target for closing an order should be the resistance level, and cannot be calculated as a percentage. If you set a take at a level below the resistance level, the price will continue to move further after the order is closed, which will reduce your profit.

[Gozie51]

Like I make plans while I first start trading. When to enter, when to exit,

If you were winning then don't you need to continue with such strategy. You don't need to look for another strategy because no strategy has 100% winning rate. Remember winning team is not usually changed. Coaches don't change their winning team.

what If price hits SL?

It is normal for your order to hit SL. Every trader experience that and you should be happy that you hit SL than running out of total deposit which was what happened to many in 10th October

I do not like to take losses and that is why I usually make small profits. if I see price increases 3%, I sale always.

Learn to accept losses. Lose is part of the trade, no gain no loss. This is one challenge that traders have because they don't want to lose their money.

The problem I face is , I open orders frequently and take profits in very short time.

You are probably a scalper. It is not a problem if you know how to get in and out, it becomes fun for you. Scalper is a type of trading strategy that you go in and out within a short time target.

But if I see price increase   after I sale , I feel like stupid. I don't know how to control this . Help me ?

You have to accept that you have taken such decision and you should be okay by that. Think about this, what about if you didn't go out and the price keeps going against you or what about if as you went out was the right time because the market would have gone against you if you were still in the market? So don't feel if you go out and the price continues because the volatility never stops. It is either it will go up or down.

[zaim7413]

I follow some basics during trading . Like I make plans while I first start trading. When to enter, when to exit, what If price hits SL? I do not like to take losses and that is why I usually make small profits. if I see price increases 3%, I sale always.
The problem I face is , I open orders frequently and take profits in very short time. But if I see price increase   after I sale , I feel like stupid. I don't know how to control this . Help me ?

I can say that you already have the basics and experience in trading. Developing a plan and discipline are the keys to success in trading. If you are still tempted by small profits and are afraid of losses, it means you have not been able to fully implement the plan well. Now, try to re-evaluate your plan when you started trading. Is 3% profit a realistic target?
Try to be consistent and able to manage risk. When you have decided to trade, you must believe in your abilities and maintain your attitude according to the plan. Finally, don't regret too much if the price rises after selling, because that means you have made the right decision based on your plan.

[Hypnosis00]

I don't see any problem with that since you are even in consistent profits regardless if they are small, once you combined them, it will turn into a bigger one.

However, I guess the problem is you easily get bothered whenever there is price increase after selling your coins when in fact you should not. Let me be honest to you, no one can predict the price correctly that is why if you are seeing possible profits, take time to sell. You wouldn't want to sell when the price is dropping, so what you did is not really bad or wrong. You may fail to catch the perfect timing to sell but with enough trading experiences and eye-opener trading insights, you will in due time.

[Franctoshi]

I follow some basics during trading . Like I make plans while I first start trading. When to enter, when to exit, what If price hits SL? I do not like to take losses and that is why I usually make small profits. if I see price increases 3%, I sale always.
The problem I face is , I open orders frequently and take profits in very short time. But if I see price increase   after I sale , I feel like stupid. I don't know how to control this . Help me ?

Before you profit from the market you must be willing to give the market, even the professional lose money, it's not a bad thing if you lose money, you can lose money but at the of the day, week and month your still in profit, what matters is the overall percentage of profit over the percentage of lose.

You open order and close quick because you're afraid to lose and which you cannot totally avoid, lose is part of trading and you should know how much you're a willing to give to the market before entering your position by using the stop lose order and take profit levels, and 1:3 reward ratio is a fine one.

[Asiska02]

I follow some basics during trading . Like I make plans while I first start trading. When to enter, when to exit, what If price hits SL? I do not like to take losses and that is why I usually make small profits. if I see price increases 3%, I sale always.
The problem I face is , I open orders frequently and take profits in very short time. But if I see price increase   after I sale , I feel like stupid. I don't know how to control this . Help me ?

What’s more interesting than seeing yourself getting profit and taken the profits, there is nothing more satisfying than that. Wanting to get too much of it, I mean looking for ways to earn more may put you in another position in the market especially if your emotions can’t be controlled during trading. A lot of traders today who held on to trades for too long and go back into loss for failing to take profit when needed wish they can be like you, with small profits they take profits. You are not being stupid about all this and I think you just need to keep up with it because trying to look for more when your risk management is not guaranteed can cause disappointment in the long run and wish you can reduce your target once again.

[Japinat]

Emotions are hard to be controlled when trading, so if it doesn't bother you at all, just leave it the way it is, until you get used to trading and easily adjust your emotions into it. However, if it bothered you so much, the best solution is to take a pause for a while and slowly manage to train your emotions, control your emotions, so that when you come back into trading, you will see some positive changes until it will be easier for you to control your emotions especially that trading itself may sometimes be unpredictable as well.

[SOKO-DEKE]

I follow some basics during trading . Like I make plans while I first start trading. When to enter, when to exit, what If price hits SL? I do not like to take losses and that is why I usually make small profits. if I see price increases 3%, I sale always.
The problem I face is , I open orders frequently and take profits in very short time. But if I see price increase   after I sale , I feel like stupid. I don't know how to control this . Help me ?

If I may say, I would like to tell you that you lack confidence in yourself and that is making you feel afraid all the time. It also makes you take your profits as early as possible. I don’t know whether you always do proper analysis or if you just pick any coin to trade, because with proper analysis there should always be some level of confidence that will not allowed you to be rushing to take profits unless it worth taken.So, if I want to advise you, I will say you should stick to your analysis know the points that are good for entering and exiting a trade. With proper analysis, you can always get good results, even though it will still be wrong sometimes because crypto is unpredictable.Another piece of advice is to continue taking your profit early, because getting a little is better than getting nothing. If you keep looking for big profit at the end of the trade, you may end up losing. If you can consistently make 3%, then it’s better to increase the amount of capital you use for trading.

[HONDACD125]

I follow some basics during trading . Like I make plans while I first start trading. When to enter, when to exit, what If price hits SL? I do not like to take losses and that is why I usually make small profits. if I see price increases 3%, I sale always.
The problem I face is , I open orders frequently and take profits in very short time. But if I see price increase   after I sale , I feel like stupid. I don't know how to control this . Help me ?

You don't need any other help, you only need to ignore those feelings you get after you see the price going up, because you don't need to feel stupid or anything when you have already booked profits, you should feel bad only when you lose. Think about it this way; if you are closing even 3% per trade, and making about 5 successful trades per day, you are getting 15% profit per day, now depending on your capital and the amounts you are using per trade, 15% could bring you a significant amount and that isn't something that you should feel stupid about.

Let me tell you one thing, there are people who don't take profit at the right time and don't follow their plans, and then they lose instead of making any profits because market reverses on their back, but if you are following your plans, and making exits before the market turns negative, then you are doing it the right way, and you don't need to change anything. Just stay positive, and don't feel bad even if the market goes up because you are already in profit, and that's what matters at the end of the day.

[Joy- maker]

I follow some basics during trading . Like I make plans while I first start trading. When to enter, when to exit, what If price hits SL? I do not like to take losses and that is why I usually make small profits. if I see price increases 3%, I sale always.
The problem I face is , I open orders frequently and take profits in very short time. But if I see price increase   after I sale , I feel like stupid. I don't know how to control this . Help me ?

The reason for this is that you are always afraid of loss. You think that when you have some profit, if you sell it, you can buy it again at a lower price. But that does not happen, then the price of that coin increases. And seeing that, you buy it again at a higher price and then it starts to fall, then you sell it at a loss. This is a common thing for traders, it is something that they always have to face. I cannot avoid these things either. And that is why I quit trading and go back to holding. If you can hold properly and patiently, then such fear and frustration will automatically go away and you can generate good profits by holding for a long time.

All the things you just said here are on point, because if trader is always afraid to loose the trader will always sell immediately  he or she see little profit, with the intention to buy back cheap, but that's not how trading works, as a trader you have to fully prepare your mind for any out come and trade with the money you can afford to loose so that when you loose the trade you won't panic since you trade with the money you can afford to loose. And remember the market will not always move in your favour, and beside the market was never designed to move in anybody's favour. See Op if  you acknowledge that trading is very risky that anything can happen along the line, then you won't find any reason to panic and sell immediately you see small profits. So IMO OP learn to take risk, because even the trading is risk itself.

[Baki202]

There is no solution to this, just change your thinking and try to stay free from temptation. When you try to be content with little, you can get a small profit and get a solution to this problem. Imagine the negative impact when you regret seeing the price increase further after selling. What if the market had gone down? Then you would have had to count the losses. In trading, it is always good to remember that big profits mean big risks of loss. Small profits have small profits but small risks of loss. There is no strategy to change your mindset if you do not have a sense of remorse and cannot control temptation.

When you are trading there is a lot of temptation that it comes with starting from over trading and revenge trading, so there is more than enough time when it comes to trading, and one of the things that have affected a lot of people is the fact that they are just to greedy and if you are greedy while trading it is one of the worst habits for traders.

It is better to be satisfied when it comes to trading, because when you don't satisfy your self, you will make decisions that will not even favor you so the best thing is to do the needful by abiding by leveraging ans stop loss and take profit a lot of people like going into the market raw. Without guiding well so the best thing will just be for them to follow normal procedures to be on a  safer side. But mistakes make people learn actually so when you are experienced enough you should know things to aviod.

[ancafe]

One trick that helps is to write down your plan before entering each trade for example target 3% profit stop loss at 1% risk and once either hits walk away over time you can slowly extend your targets like going for 5% or 7% if your strategy supports it but don’t force it let your data guide you. So in short don’t feel stupid for taking profit the goal is consistency not perfection the market will always move after you exit what matters is that you leave with money in your pocket not regrets.

Maintaining money management requires discipline, and implementing a plan like a 3% profit target and a stop-loss with a 1% risk is a good option for those involved in trading, especially beginners just learning to trade. Trading the most difficult to survive because we face such rapid market movements, especially for day traders who use scalping methods. When they are seen without a clear plan, trading becomes an activity that doesn't help them grow but rather leads to further losses.

So many people fail in trading due to various issues they face, but they never evaluate their trading mistakes, ultimately deciding to quit after incurring significant losses. Everyone has the opportunity to succeed in trading, but how they manage their risks and strive to perfect their trades matters to be implemented.