Topic: Do You Need To Put Your Emotion in Trading ? - page 10. (Read 2526 times)

when you trade you should not do it with emotional conditions, you should be able to control the emotions that you have and you should be able to hold it up not to because trading with your emotions has a lot of losses.

You do not need to put your emotion to trading,  they just cloud your reasoning without invitation.  Keep your emotions at bay however require skill and discipline.  The more independent you are of your emotions when you make trading call and decision,  the more your chances on making the right call!

In trading, we should not involve our emotions. In order to become successful in this industry, we must have 60% knowledge, 30% skills and 10% of emotion. We must use all of this so that we get high profits in trading. If we cannot fight our emotion, we will be carried away by our feelings and drive in a wrong direction.

Have severally read and and tried getting rid of emotions during trading but sometimes it comes into play, Certain trade decisions are not devoid of emotions, particularly I have have come to accept that one cannnot totally get rid of emotions but apply control. Most losses, high trade expectations are emotionally triggered. Have equally noticed that sometimes when I planned selling when in profit or taking loss, may decide to wait further till regret comes in, that is emotion in play. That desire to hold on a bit even when all indicators are not in support are part of emotions

This is not even a question anyone should be asking, considering the level at which emotion and trading has been discussed on this forum several time.

Emotion and trading are two things that should not even be found together, but in reality, some people cannot avoid this emotion thing because they are so much not ready to learn anything about trading and how to at least do well in the long run and they are basically always after is how to make quick bucks and when reality sets in, they start getting all worked up and even making more mistakes over time.

Well, it is one thing to advise people not to put emotion into trading, and it is another thing for them to advise themselves, to learn as much as possible if they do not want to get all emotional when it comes to trading because there is one thing I believe, which is the fact that you not getting emotional when you have no idea of what you are doing is impossible.

However, when you have a plan and a strategy, the best thing to always do is to execute them the same way a bot will do. When it comes to stopping loss, taking profit or buying into a market, you really want to be executing them without second thoughts, which is the only reason you can eliminate emotion, but there is no way you can do all of that, if you are ignorant in the space you are in

Knowledge, strategy, practice are the things that will guide you into gaining confidence when it comes to trading and emotion is the last thing a trader want to put into their trading. The major reason why so many people tend to get emotional is because they either rushed to start making money from trading with little or no knowledge, no strategy, and no experience, and then when the reality kicked in, things started going awry.

There is no way anyone will not get emotional when you realize you are losing, market is not going the way you want, just because you actually do not have a plan. Just like in real life, it applies to trading too, because if you fail to plan, then you plan to fail.

This is a mixed opinion, heavily biased field of answers. In my opinion, it can be both good and bad depending on how you're playing it.

True, I would definitely call in a mind game. So everyone is doing their best to really avoiding emotional decisions. But its really difficult even for some who have experienced in crypto trading to slip out of their concentration and trade using their emotions. So that single mistake and lose of concentration will be costly unless you learn how to control it (which is difficult).

trading is a mind game where there is no place for emotions. one should never take emotional decisions while trading crypto's. crypto's are highly volatile, single mistake can make you loose all your money.

Emotion gives you two types of waves, some time it works and some time it wont work, so you cannot always put emotion in trading. You have to understand the basic logic in trading and apply it. I wont work with emotion but some time i feel that my emotions are good for me and i trade according to it.

Emotions are very important in every decision making, but of course they are accompanied by the latest logic and crypto conditions they monitor. Without emotion, traders usually only follow each other's signals or solicitation without knowing the actual trend, this is very dangerous even though several times it still produces profits.

Emotions can form a mindset that will lead to accountability in every trading activity.

The answer is no. Have you ever wondered why bots are better traders than humans ? It's simply because they are machines, hence, emotionless. They follow a certain algorithm and trade according. Since there's always an element of greed in each of us, emotionless trading can be impossible to achieve but we can always improve.

Nope not advisable to put emotion in trading, i know can't avoid this as person but need to set your mind be strong and brave during the investtment goes into trap.

Isn't good to follow our emotions all the time cause it sometimes could lead from losing. We can be beneficial if we look closely to the market chart and analyze its movement and by that, will be guided of what will do next.
Not this time is good for trading but somehow it is good for buying and do trades when market goes back to green one.

Yes, indeed, control over your emotions is one of the main qualities of a professional and successful trader. This is very difficult to learn, but such qualities as restraint, calmness are simply necessary to trade confidently on the crypto-currency exchange.

Emotions , fear , greed , are natural because you see price fluctuations price going up and down in mind negative thoughts will come one should control all to become successful in trading   

Greedy is serious problem that sometime we don't know about it. It will always come on a big chance, especially when we know that chance will give us big advantage that we can't resist, so i think greedy is something that we can't control when it is come.

We can not eliminate emotion like greedy and not patient in trading because all of this is natural,  and we only possible to minimize and to control it. Keep control emotional in trading is important to avoid greedy because greedy is big enemy of trader.