Emotion, the real reason of your failure in trading

[Bitcoin_people]

In trading, you always have to control your emotions because nothing is done with emotions. Trading with skill and experience is the best and there is no possibility of loss here. There are many who become very emotional when they lose a little money while trading, they think that they may be completely finished. But if you learn from this trading rate and correct the places where there are errors and start trading again later, then this is a good strategy. Trading is a strategy and if you can always analyze it well, you will not have to face losses and it is also good to know about when you can enter the market and make a profit. In trading, you have to make yourself experienced in every place, besides, you have to control your emotions and start with courage. Trading is risky, so if you cannot control yourself here, it will definitely harm yourself more, so if you control your emotions and trade, the chances of failure are less.

[Rubuchi]

In trading, you always have to control your emotions because nothing is done with emotions. Trading with skill and experience is the best and there is no possibility of loss here. There are many who become very emotional when they lose a little money while trading, they think that they may be completely finished. But if you learn from this trading rate and correct the places where there are errors and start trading again later, then this is a good strategy. Trading is a strategy and if you can always analyze it well, you will not have to face losses and it is also good to know about when you can enter the market and make a profit. In trading, you have to make yourself experienced in every place, besides, you have to control your emotions and start with courage. Trading is risky, so if you cannot control yourself here, it will definitely harm yourself more, so if you control your emotions and trade, the chances of failure are less.

there is something important about candlesticks in trading view and such charts allow you to follow the market trend closely before taking decisions, studying how the sticks work including other skills and experiences, will help you as a trader to know how to manage losses instead of letting emotions take over you. I would not say that there is no possibility of loss even when somebody has the skill too, but those are the things that create the differences from an experienced trader. There are also two thing that make people to panic sell or avoid good opportunities during trading, these two things are fear and greed and they are all a resultant factor of lack of knowledge and experience from a trader. When you are not so sure of a trade because you can’t analyze it properly or sufficiently, it becomes a problem for you to trade with some good amount of precision there by making it easier for one to fall into fear of missing out on a trade and other detrimental things.

[Ojima-ojo]

It happens in almost every aspect of our investments, any decision made under emotions don't give the best results. So planning on how your trading section will go and following it strictly with discipline and control will be a great choice to succeed because there's no perfect trader anywhere, you only moderate yourself and avoid extreme risks.

Everything still needs to be practiced and gotten used to to master it all. Beginner traders will be more interested in learning technical aspects first, and actually, self-control to manage emotions can be understood by traders gradually. 
We read and listen to other people's experiences, but sometimes someone needs their own experience to better understand what they really need.

Practiced you said which is right as much as you are in profits, but mind you along the way, your emotions will still play a role in how you trade, sometimes, losing in trading often comes from our inability to follow the lay down rules and allowing your emotions to make the decision along your greed.


Once you can deal with emotions and greed it becomes hard for you to lose as a traders because your decisions will aligned with your risk management and not chasing market volatilities but rather go for the right position set up that lower the risks.

[justdimin]

We are not robots either, though; you have to remember that. Yes, it is not going to be easy to make this work with emotions, so we can't always run with our emotions all the time; it would hurt us. But we also can't be really looking at this like something we can do, such as robots would do. There are automated bots that you can use to trade for you; even some are using AI these days to learn how to be better traders as well. Not all work, but people claim there are a few that do. But that doesn't mean that we can be like that; we are going to have some emotions at times.

The reality is that people do not zoom out long enough, and that is why they lose. You could have some bad trades because of emotions, but if you make a profit from January 1 to December 31, then you are good. Doesn't mean all trades you do during that period will be profitable; some will be losses, some will be bad emotional moves, but long enough term and you are profiting means that you will be doing fine. Of course it is not easy, and of course it is a tough one, but you gotta look at it from a long-term point of view.

I disagree; we may not be robots, but are you doing everything in your life with utmost feelings and emotions? Like are you excited every time you eat food? Sure, maybe some great food can make you feel great, or like if you eat bad junk food and your stomach hurts, that could be emotionally bad. But not EVERY meal you have is great excitement to you, is it? That means you do stuff without emotions.

Take the greatest example that a Stoicism example there is in the world, if you woke up today, and breathing, that means you should be happy, I mean after all, if someone told you that you are going to sleep and not wake up, you would feel sad (at least most of us would) and that means waking up is the greatest thing in the world, and yet we do not feel anything when we wake up, why? Because we do not feel emotions about everything we do. We can study and teach ourselves how to not feel anything when trading as well, just like how we are not happy every time we wake up.

[Venux]

In trading, you always have to control your emotions because nothing is done with emotions. Trading with skill and experience is the best and there is no possibility of loss here. There are many who become very emotional when they lose a little money while trading, they think that they may be completely finished. But if you learn from this trading rate and correct the places where there are errors and start trading again later, then this is a good strategy. Trading is a strategy and if you can always analyze it well, you will not have to face losses and it is also good to know about when you can enter the market and make a profit. In trading, you have to make yourself experienced in every place, besides, you have to control your emotions and start with courage. Trading is risky, so if you cannot control yourself here, it will definitely harm yourself more, so if you control your emotions and trade, the chances of failure are less.

Short-term trading should be done with short money. Trading with large amounts is more risky. The lower the amount and within the tolerable loss, the more it will be possible to control emotions. And only if you can control emotions can you refrain from making risky decisions. And in crypto or bitcoin or any asset whose price is unstable and prediction is impossible. When trading such assets, you should always use a small amount.

[Webutxo]

In trading, you always have to control your emotions because nothing is done with emotions. Trading with skill and experience is the best and there is no possibility of loss here. There are many who become very emotional when they lose a little money while trading, they think that they may be completely finished. But if you learn from this trading rate and correct the places where there are errors and start trading again later, then this is a good strategy. Trading is a strategy and if you can always analyze it well, you will not have to face losses and it is also good to know about when you can enter the market and make a profit. In trading, you have to make yourself experienced in every place, besides, you have to control your emotions and start with courage. Trading is risky, so if you cannot control yourself here, it will definitely harm yourself more, so if you control your emotions and trade, the chances of failure are less.

Emotions is part of trading but it's you thag us going to control your emotions so you don't have to use it to make decisions. There are times that you can make good decision from your fundamental and technical analysis and after doing everything right you will see that the market is been manipulated and refused to go your way but it's all part of the journey, don't let emotions take you because that's the best way you can win in trading for long time.

If trading is easy I believe everyone are doing to be trading but it's because it's hard and not as easy as many people think that's why many of them quit. However, the reward in trading, if you have sufficient money to make trade. You are going to make plenty of money trading than you will do while holding because the crypto market seems to only favour swing traders, people that hold altcoins are not making any thing, only few people coins performed well in the last few years.

[Royal Cap]

There is something important about candlesticks in trading view and such charts allow you to follow the market trend closely before taking decisions, studying how the sticks work including other skills and experiences, will help you as a trader to know how to manage losses instead of letting emotions take over you.

But new traders make a mistake. What they do is they make a decision after seeing one or two patterns. In fact candlesticks are more effective when they are combined with support resistance and market structure.

There are also two thing that make people to panic sell or avoid good opportunities during trading, these two things are fear and greed and they are all a resultant factor of lack of knowledge and experience from a trader.

No matter how strong you are, fear and greed cannot be completely eliminated, as they are natural human emotions. But yeah, setting stop loss and take profit in advance can greatly reduce the impact of emotions when making decisions.

[liasbaa]

In trading, you always have to control your emotions because nothing is done with emotions. Trading with skill and experience is the best and there is no possibility of loss here. There are many who become very emotional when they lose a little money while trading, they think that they may be completely finished. But if you learn from this trading rate and correct the places where there are errors and start trading again later, then this is a good strategy. Trading is a strategy and if you can always analyze it well, you will not have to face losses and it is also good to know about when you can enter the market and make a profit. In trading, you have to make yourself experienced in every place, besides, you have to control your emotions and start with courage. Trading is risky, so if you cannot control yourself here, it will definitely harm yourself more, so if you control your emotions and trade, the chances of failure are less.

Short-term trading should be done with short money. Trading with large amounts is more risky. The lower the amount and within the tolerable loss, the more it will be possible to control emotions. And only if you can control emotions can you refrain from making risky decisions. And in crypto or bitcoin or any asset whose price is unstable and prediction is impossible. When trading such assets, you should always use a small amount.

It is good to trade with small amounts of money but in that case, if the market is good, the profit will be less. I always suggest trading with funds according to your financial tolerance. That amount can be large or small in any size.
Trading is risky as well as has the potential to get high returns, so if you want to go on an uncertain way, you need to prepare in advance and manage such an amount of funds that you are ready to lose.

Using a small amount of funds for trading can reduce the amount of losses, but if you do not use the "stop loss" strategy, you will probably not be able to remain patient because the market is unstable and if it falls, you are likely to lose capital.

[LogitechMouse]

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Trading is all about patience.

Patience is one thing that every trader must know, but there are other things that we should learn in order to become successful.
- one strategy that works for you
- learn not to be greedy
- learn to be self-aware of your own emotions
- learn how to be disciplined enough especially when you are on a losing streak
- learn how to stop whenever you win.

And there are many more, and there are many emotions that are attached to every one of them. For example, the "learn when to stop if you're winning". You will have this emotion where you want to trade more because of the adrenaline rush and that mindset of you might win more if you trade more. For me, it's all about self-awareness. If you're aware that your becoming greedy, you will make actions to stop yourself from being that kind of trader. If you're aware that you're becoming undisciplined and you're starting to chase your losses, you will make actions in order to stop yourself. If you're aware that you're becoming greedy, you'll stop yourself from doing it.

Patience is one, but self-awareness sums it all. Being aware of the emotions that you have during that time will significantly decrease your chances of losing in trading.

[Zanab247]

When you acquired this patient behavior and you have the knowledge of BTC trading, I guess to succeed in BTC trading is very easy for you to achieve to be able to achieve your goals. It will be hard for you to trade your BTC when the market is not looking favourable, because you know what you want and you know what you will do to make the market favour you in the bull season.

Whenever the bear season is taking a long time in the market just be patient at the moment, because that is the best strategy many traders are using to earn massive profits from BTC trading.

[Pandorak]

In trading, you always have to control your emotions because nothing is done with emotions. Trading with skill and experience is the best and there is no possibility of loss here. There are many who become very emotional when they lose a little money while trading, they think that they may be completely finished. But if you learn from this trading rate and correct the places where there are errors and start trading again later, then this is a good strategy. Trading is a strategy and if you can always analyze it well, you will not have to face losses and it is also good to know about when you can enter the market and make a profit. In trading, you have to make yourself experienced in every place, besides, you have to control your emotions and start with courage. Trading is risky, so if you cannot control yourself here, it will definitely harm yourself more, so if you control your emotions and trade, the chances of failure are less.

Trading is one of the most challenging professions, and it’s extremely difficult to become a profitable trader.

Before you start trading, there are many things you need to understand and learn, including trading psychology, but that doesn’t mean you should keep waiting for the right time until you understand everything, because theory alone isn’t enough, you need to put it into practice.

One thing i often see among many beginners is that, at first, they’re very impatient, they jump right into trading with real money, often in large amounts, thinking that the profits will be even bigger. As soon as they incur a loss, they get emotional, thinking “How could this happen?” when in fact there was something wrong with their strategy, such as an incorrect entry point, a stop loss placed too close, or using too much leverage. But i’m confident that over time, if a trader never gives up on learning from their losses, consistently documents the mistakes made during trading sessions, and thoroughly evaluates them, they will eventually be able to generate consistent profits.

[ASloveapg]

In trading, you always have to control your emotions because nothing is done with emotions. Trading with skill and experience is the best and there is no possibility of loss here. There are many who become very emotional when they lose a little money while trading, they think that they may be completely finished. But if you learn from this trading rate and correct the places where there are errors and start trading again later, then this is a good strategy. Trading is a strategy and if you can always analyze it well, you will not have to face losses and it is also good to know about when you can enter the market and make a profit. In trading, you have to make yourself experienced in every place, besides, you have to control your emotions and start with courage. Trading is risky, so if you cannot control yourself here, it will definitely harm yourself more, so if you control your emotions and trade, the chances of failure are less.

Short-term trading should be done with short money. Trading with large amounts is more risky. The lower the amount and within the tolerable loss, the more it will be possible to control emotions. And only if you can control emotions can you refrain from making risky decisions. And in crypto or bitcoin or any asset whose price is unstable and prediction is impossible. When trading such assets, you should always use a small amount.

It is good to trade with small amounts of money but in that case, if the market is good, the profit will be less. I always suggest trading with funds according to your financial tolerance. That amount can be large or small in any size.
Trading is risky as well as has the potential to get high returns, so if you want to go on an uncertain way, you need to prepare in advance and manage such an amount of funds that you are ready to lose.

Using a small amount of funds for trading can reduce the amount of losses, but if you do not use the "stop loss" strategy, you will probably not be able to remain patient because the market is unstable and if it falls, you are likely to lose capital.

When an investor starts, that is, at the initial stage of investment, even if they have the ability to start with a large amount, it can be relatively safe to start with a small amount. Profit and loss are not based on the capital, but if risk management is weak and the investor cannot maintain consistency, he can sell at a loss. Therefore, financial stability should be invested with money that will not be damaged. Sometimes prices change very quickly in a short period of time. In this case, stop loss can be a way of risk management, but it does not guarantee. And traders are mainly damaged not by the size of their capital but by emotional decisions, over-trading and lack of risk management. In trading, the focus is more on protecting capital than maximizing profits. And if the capital is lost, everything can be over. Therefore, it is reasonable to start with limited capital, keeping financial and risk management in mind.

[Faisal2202]

Most traders are saying use stop loss, do this, do that but emotions from a single or two bad positions set the bad emotions that easily caused trading assets liquidated.

Trading is all about patience.

We can't expect to manage risk just by trading with money we don't care about losing, because how long can we keep doing that? Eventually, there will be a time when we can't afford to lose anymore, so it is not going to be a reliable option. We eventually have to learn proper risk management.

A SL does not make someone a good trader, but if someone is day trading, they should use it because they are trading on shorter timeframes and taking higher risks. They should always use an SL to cut their losses early.

[Bushdark]

Most traders are saying use stop loss, do this, do that but emotions from a single or two bad positions set the bad emotions that easily caused trading assets liquidated.

Trading is all about patience.

We can't expect to manage risk just by trading with money we don't care about losing, because how long can we keep doing that? Eventually, there will be a time when we can't afford to lose anymore, so it is not going to be a reliable option. We eventually have to learn proper risk management.

A SL does not make someone a good trader, but if someone is day trading, they should use it because they are trading on shorter timeframes and taking higher risks. They should always use an SL to cut their losses early.

When a trader is losing money consecutively, they can starts growing fear of trading which can become a serious problem if not handled appropriately. Trading involves using money to get money and when you are using your strategy to trade and you are not getting any profit, that can make you to ever regret why you decided to trade. Emotion in trading can lead to loses and other issues that can contribute in increasing the chances of losing money to trading.

Using Stop loss does not make anyone a good trader but it only reduces the chances of losing too much money to trading posing severe risks to traders that are not using it. Stoploss is an important tool for traders to reduce how much we can lose when trading.

[Sanitough]

Most traders are saying use stop loss, do this, do that but emotions from a single or two bad positions set the bad emotions that easily caused trading assets liquidated.

Trading is all about patience.

We can't expect to manage risk just by trading with money we don't care about losing, because how long can we keep doing that? Eventually, there will be a time when we can't afford to lose anymore, so it is not going to be a reliable option. We eventually have to learn proper risk management.

A SL does not make someone a good trader, but if someone is day trading, they should use it because they are trading on shorter timeframes and taking higher risks. They should always use an SL to cut their losses early.

More than emotional control, traders should properly execute risk management and won't just rely into stop loss, but they should be trading only when they are seeing perfect timing to trade. Although stop loss can be helpful along the way, but trading with highly reliable skills and strategies will always create a bigger impact of success rather than just mere trading and resort into stop loss when a trader compromised his trade.

And trading for long term will always be preferable than day trading or short term trading, there is lesser risk and less pressure for the trader.

[nelson4lov]

Learnt this earlier this week. I wasso close to passing an account and took on a trade and immediately went down. I kept adding to the position because I was so close and didn't want to be dragged down again.

This is why traders need to build a solid psychology because all it takes is one loss or a losing streak for everything to fall apart. It's so easy to start drifting apart after going down a losing streak or taking a loss that could be avoided then trying to rebuild back faster. Learnt my lesson. It's important to keep emotions in check at all times whether in bad or good trading conditions.

[laijsica]

All these things are interconnected, work on your emotions by trading with the amount of money that you can afford to lose. You can average but do not go for martingale and trade just good coins like bitcoin.

I personally like averaging but I avoid short term trading with Bitcoin. Bitcoin is the only asset that is suitable for long term. Choose reliable and top scorers from the altcoins available in the market and buy with small funds that are within your financial tolerance. Do not use leverage at once but buy continuously and engage in averaging strategy as it is the best for traders. Do not use all the available funds with you, slowly push into the portfolio so that you do not get stressed financially.

Stop loss is not what make you to be a good trader, it is about how you are able to manage your emotions by not disobeying your own trading rules/plans/strategies.

Using stop loss strategy teaches patience and discipline to traders of any level. I think that as a result of this long term practice, a trader learns to gain experience and make good decisions. Stop loss teaches traders of every level such appropriate discipline that you will learn to control your emotions at a certain stage. Give more priority to building holdings than selling and learn to consider the time of price decline as the right time to buy.

Most traders are saying use stop loss, do this, do that but emotions from a single or two bad positions set the bad emotions that easily caused trading assets liquidated.

Trading is all about patience.

Always consider yourself a beginner. As a trader feels more experienced and starts making decisions with confidence, his chances of losing increase significantly. Small losses should not be neglected. Follow the Stop loss strategy properly.