What are the ways to control emotions during trading ?

[aysha9853]

Your problem isn’t fear of loss it’s regret after selling that’s common one practical fix is journaling every trade with the reason you exited, when price keeps going up you can re read your logic and see you did the right thing over time this trains your brain to trust the process not the outcome.

[boyptc]

Your problem isn’t fear of loss it’s regret after selling that’s common

Yes, it's very common to regret after selling. Because too many questions and thoughts will come to our minds about the what ifs.

Like another what if the price goes up and we've sold too early, what if the price goes higher than expected and got out too early.

That's a common dilemma of many traders and you have to fights for that thought and remove it for being regretful after selling in profit.

[Youngrebel]

Your problem isn’t fear of loss it’s regret after selling that’s common one practical fix is journaling every trade with the reason you exited, when price keeps going up you can re read your logic and see you did the right thing over time this trains your brain to trust the process not the outcome.

Of course this is a feeling that every trader has and feels at a point in time or the other. Your feeling of regrets for not waiting for price to increase is even on a better side. The feeling that hurts the most is the fact you didn't sell off when the price was good then the price drastically drops . That's a terrible feeling of regrets and deep pain you feel and have allot of wishes that you wished you had done in the past.

[Uruhara]

Your problem isn’t fear of loss it’s regret after selling that’s common one practical fix is journaling every trade with the reason you exited, when price keeps going up you can re read your logic and see you did the right thing over time this trains your brain to trust the process not the outcome.

Sometimes all traders experience the same thing in this regard. There are times when the take profit position that we initially set can be filled so quickly and the price actually moves higher than expected. So, yes, a little regret is a common feeling. And I agree that recording our trading activities, such as the percentage of profit and other details, is indeed very important. Entering them into a trading journal can make it easier for us to evaluate and observe. And we can reassess whether our decisions were correct or not when we open the journal. All of this will make our analysis and trading plans more mature in the future.

[I_Anime]

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 ?

Best way to control emotions, is knowing what you are doing , like understanding trading and stuff . Then I didn’t have any strategy my emotions always get the best of me , because anytime I experience losses I always have the thought of how am I going to get the money back fast , which can lead to various emotions like fear and greed . And most doesn’t end well I usually lose more .

[tvplus006]

Of course this is a feeling that every trader has and feels at a point in time or the other. Your feeling of regrets for not waiting for price to increase is even on a better side. The feeling that hurts the most is the fact you didn't sell off when the price was good then the price drastically drops . That's a terrible feeling of regrets and deep pain you feel and have allot of wishes that you wished you had done in the past.

Every trader should have their own trading plan, which must be strictly followed. And when opening a long at the support level and closing an order at the resistance level, it is necessary to understand that the trading plan is 100% completed and there is no reason for regret in this case.

[Finebone]

Every trader should have their own trading plan, which must be strictly followed. And when opening a long at the support level and closing an order at the resistance level, it is necessary to understand that the trading plan is 100% completed and there is no reason for regret in this case.

Sometimes it's worth regretting man because I have been in such situations before, where I took profit from the first resistance level instead of taking profits from the last and the strongest resistance, and the trade plays out to that point, but I have already closed the trade at $26 profit, instead of $270 profit thereabouts, so I did feel pained, so that is where I came to the conclusion that for you to make it big, wether in trading or in gambling, you just need to be greedy and wait for that big win, instead of running away with smaller winnings.
I don't know if anyone has experience such before, but if you have, you wouldn't argue that it's very painful, no matter how you try to hide it.

[Rabata]

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 think you are on the right track. When trading, you should definitely set a limit. This will keep you safe. After taking a new trade and selling it with some profit, it is better not to regret that trade. It is very natural that after you close the trade, the price has increased a lot and you may regret it. But as a trader, instead of thinking about that, you should be satisfied with your small profit. You can never achieve anything big with a trade and if you try to do that, you will understand that the trader is trading with emotion, which is not applicable to him. Generally, if you go into trading and withdraw it with a small profit, then I think that is good for a trader. There is no chance of thinking yourself stupid due to the market situation.

[pusaka]

Of course this is a feeling that every trader has and feels at a point in time or the other. Your feeling of regrets for not waiting for price to increase is even on a better side. The feeling that hurts the most is the fact you didn't sell off when the price was good then the price drastically drops . That's a terrible feeling of regrets and deep pain you feel and have allot of wishes that you wished you had done in the past.

Every trader should have their own trading plan, which must be strictly followed. And when opening a long at the support level and closing an order at the resistance level, it is necessary to understand that the trading plan is 100% completed and there is no reason for regret in this case.

It's as simple as talking about it, but in reality it's not that easy to do. In theory we only need to open a long position at the support level and close it at the resistance level, but when we practice it directly, we have to analyze the strongest support point and this is if we only talk about technical analysis, but if we talk about fundamentals it could be a different story

But what I want to emphasize is that we must have a plan, risk management, financial management, profit targets, loss limits, we must apply it correctly because it will also greatly determine the results of our trading.

[tvplus006]

...to make it big, wether in trading or in gambling, you just need to be greedy and wait for that big win, instead of running away with smaller winnings.

This is a controversial statement, and in contrast to it, I can say that a small profit is better than a loss)

...I don't know if anyone has experience such before, but if you have, you wouldn't argue that it's very painful, no matter how you try to hide it.

Every trader faces this, as well as the fact that often a trader does not close an order with a profit, expecting even more profit, and at one point the order turns from profitable to unprofitable and the trader regrets that he did not close it on time.

[Achalugo BTC]

Yes, it's very common to regret after selling. Because too many questions and thoughts will come to our minds about the what ifs.

Like another what if the price goes up and we've sold too early, what if the price goes higher than expected and got out too early.

That's a common dilemma of many traders and you have to fights for that thought and remove it for being regretful after selling in profit.

Which is why patience has its own role in part of crypto whether in trading or investing, people has to be exhibiting their patience because its also another tool, that one can use in overcoming obstacles that don't want one to succeed in it.
So, whenever place they find them which will make them to question themselves, before taking action on it, it will be necessary to know that patience will be a vital tool and discipline to use in the crypto world, which always produce positivity in their lives and also in their crypto lives as well.

[Franctoshi]

Emotions always comes as a result of fear of losing a trade, and one thing you must understand as a trader is that trading is about profit and lose, therefore you cannot not totally avoid loses, for you to profit, you must be willing to give to the market.
Now what brings emotions into trading after you must have learned that loses are part of trading, now to avoid emotions, you must risk what you can afford to lose, anything above that will surely result into emotional trading. Trading is reactive and not predictive, learn to wait for terms of entry to be met and do not gamble the market.

[boyptc]

Yes, it's very common to regret after selling. Because too many questions and thoughts will come to our minds about the what ifs.

Like another what if the price goes up and we've sold too early, what if the price goes higher than expected and got out too early.

That's a common dilemma of many traders and you have to fights for that thought and remove it for being regretful after selling in profit.

Which is why patience has its own role in part of crypto whether in trading or investing, people has to be exhibiting their patience because its also another tool, that one can use in overcoming obstacles that don't want one to succeed in it.
So, whenever place they find them which will make them to question themselves, before taking action on it, it will be necessary to know that patience will be a vital tool and discipline to use in the crypto world, which always produce positivity in their lives and also in their crypto lives as well.

I've learned to be patient over all of these years that I have been in the market. Trading or investing, it requires patience and that's why the winners have always been patient.

It's okay to panic sell if it's during the peak and you don't want to miss the profits. Many doesn't do that and only panicking when the market is going down.

So why not reciprocate that action but in a positive manner by taking profits and doing that panicking when you're in profit, it makes sense doing that.

[Y3shot]

There are no two ways to control emotions in gambling; it is only by understanding trading. When you enter the market without sufficient understanding of trading, and you are unable to achieve the desired results, you will definitely become emotional about trading. The only way to avoid becoming emotional about trading is to learn and approach trading with the right steps.

When you trade without enough understanding, you will be desperate to make money, and it is impossible to achieve good outcomes in trading when your available knowledge is insufficient for good results. This will definitely cause one to become emotional.

[shield132]

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 ?

It's not a good idea to open orders frequently with the aim of profiting in a very short time. I've tried that and it doesn't work because when things don't go the way you planned it, you have two choices - you either close the order and take losses or you wait and sometimes you have to wait so long that months pass and you miss many good opportunities, which triggers you to close the order and take a huge loss.
To my mind, the best approach is to be a long-term trader. I trade 1-2 times a year and aim for big profits and it always works. It's very hard to control your emotions but it's something that you should learn for yourself. I learnt it after many failures and mistakes. For me, it was like the last option because everything I tried didn't work well but when I was holding Bitcoin for years, it payed back well, so I sticked with this old method.

[masulum]

It's not a good idea to open orders frequently with the aim of profiting in a very short time. -snip-

not all trader can be judge take profit when only get small money is a bad decision. He decide to do that for a reason, and the only problem is, when he feel stupid after selling his coins but the price keep increased. Actually, this is not because he fail and his knowledge sounds good enough. But, I think greedy just coming to his strategy. Long terms is hard for some trader because they are making money for his life, take small profit always good than losses everything to get money.  

[Bitcoin_people]

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 ?

Since you trade frequently and your profit margin is very low, your patience is very low. If you cannot take risks in anything related to investment and trading, then you will definitely not be able to make much profit. And if you can control yourself, then you can definitely take risks, but since you sell with a small profit, your patience is low, you need to increase your patience. When you buy, you have to wait in the market for some time, avoid people in a short time. However, while trading, you must do it in good coins so that when the market decreases, they are fully recovered later. Trade in coins like Bitcoin and Ethereum, these are not very risky, so you have to avoid small trades, rather you need to take some time. However, you control yourself and trade gradually, you will definitely gain good experience in trading.

[Kasabus]

Your problem isn’t fear of loss it’s regret after selling that’s common one practical fix is journaling every trade with the reason you exited, when price keeps going up you can re read your logic and see you did the right thing over time this trains your brain to trust the process not the outcome.

Of course this is a feeling that every trader has and feels at a point in time or the other. Your feeling of regrets for not waiting for price to increase is even on a better side. The feeling that hurts the most is the fact you didn't sell off when the price was good then the price drastically drops . That's a terrible feeling of regrets and deep pain you feel and have allot of wishes that you wished you had done in the past.

No one knows what will be the future price of our coins, so we if we see impressive price to sell, then sell without hesitation. You are never at loss as long as you gain profits when selling. However, the problem here is, contentment. We tend to regret when price increases when selling, but we all know that's normal to happen because we are dealing in such an unpredictable market.

Trading itself is risky, you get to lose most of the time due to greed and wrong decisions. My advice is, sell when there is a good price, but never compare the profits you may have gained if you didn't decide to sell quickly. You reap what you sow. But don't get too focus with your emotions. focus on what you think is the perfect time to sell or the perfect time to buy despite how volatile the market is.

[Achalugo BTC]

Of course this is a feeling that every trader has and feels at a point in time or the other. Your feeling of regrets for not waiting for price to increase is even on a better side. The feeling that hurts the most is the fact you didn't sell off when the price was good then the price drastically drops . That's a terrible feeling of regrets and deep pain you feel and have allot of wishes that you wished you had done in the past.

Its important to carefully do things and not to do anything out due to influence of others because it can later lead you into regrets.
Which is why its crucial to checkmate your decision to know if what you are doing is the right thing or not before taking any action on it, because since crypto is not something one can predict, it will be better for people to always be ready just incase of anything that comes, so that they will be able to avoid regrets in future.
And also being in charge of your emotions during trading will make one to have that cautiousness that things might go as planned if they don't adhere to the guidance or the instructions of trading.

[Dickiy]

Basically everything will definitely end badly when emotions are involved, and in trading in my opinion one way to control or prevent emotions from happening in my opinion is by.

1. Trade with an amount that does not exceed your ability.
2. Discipline to the plan such as stopping after reaching SL / TP
3. Don't be greedy, because in most cases greed
 ends up in regret and regret is what
 invites emotions.
4. Trade responsibly.