of course emotion is indeed one of the dangerous aspects of trading, emotions are always a problem when you place them at the wrong time, emotions will trap you at a loss.
Yeah as good business men often says that in business your emotions are the only thing which can either make you win huge or lose all so I think it is not good to rely on your emotions for starting a business specially if you are a trader. So I think keep your emotions aside and do what your mind says. Just don't spoil your profit in any kind of situation.
Topic: Do You Need To Put Your Emotion in Trading ? - page 2. (Read 2541 times)
In topic title you are asking about emotions during trading on crypto currency. Then my opinion is delete emotions during trading. Use your brain to trade crypto coin. Emotion is not only harmful but also one of the main reason of loss your capital. Main thing is patience for crypto trading, there is no place for emotions. Emotional trade will depend on your luck, it might be profitable or loss nobody can say. So use your brain, experience and analysis. My answere is depend on your title. But remember one think trade is always risky so take risk what you can afford loss.
Yes, I agree that you shouldn't involved emotions in the beginning of your trading journey. But most of us succumb to it. Reason one is that if you're are newbie and second is that you tend to be greedy.
I think as you go along, you will learn how to control and fight your emotions like having a good entry and exit strategy, so that you at least mitigate the risk.
In topic title you are asking about emotions during trading on crypto currency. Then my opinion is delete emotions during trading. Use your brain to trade crypto coin. Emotion is not only harmful but also one of the main reason of loss your capital. Main thing is patience for crypto trading, there is no place for emotions. Emotional trade will depend on your luck, it might be profitable or loss nobody can say. So use your brain, experience and analysis. My answere is depend on your title. But remember one think trade is always risky so take risk what you can afford loss.
if in my opinion the emotion is necessary in trade but you must be able to control that emotion, because if it is too over emotions it can cause you loss or loss when trading
Emotion is something that we can't eliminate in every action we make. Before we trade, it's better to make several plans and after we are in active trading, we must remain discipline to follow our plans. Don't let our actions be disturbed especially by our feelings. It will be so hard to do so but we have to try it because to be able to stay discipline, we need a lot of practice.
your opinion about these two schools?
I love number 1. reason : I've experience in trading used my emotion to trade that always ended bad. try to not using emotion in trading is the perfect option to be a master of trader if in my opinion the emotion is necessary in trade but you must be able to control that emotion, because if it is too over emotions it can cause you loss or loss when trading
Emotion is something that we can't eliminate in every action we make. Before we trade, it's better to make several plans and after we are in active trading, we must remain discipline to follow our plans. Don't let our actions be disturbed especially by our feelings. It will be so hard to do so but we have to try it because to be able to stay discipline, we need a lot of practice.
of course emotion is indeed one of the dangerous aspects of trading, emotions are always a problem when you place them at the wrong time, emotions will trap you at a loss.
Yeah as good business men often says that in business your emotions are the only thing which can either make you win huge or lose all so I think it is not good to rely on your emotions for starting a business specially if you are a trader. So I think keep your emotions aside and do what your mind says. Just don't spoil your profit in any kind of situation.
of course emotion is indeed one of the dangerous aspects of trading, emotions are always a problem when you place them at the wrong time, emotions will trap you at a loss.
Yes, emotions will trap us. Traders will be getting emotion failure when they are seeing profits and also when they are facing losses. That is the reason it is always recommended to treat both losses and profit as a same thing. If you do not get excitement on seeing profits and not getting frustration on facing losses will be the only way to be successful in trading.
of course emotion is indeed one of the dangerous aspects of trading, emotions are always a problem when you place them at the wrong time, emotions will trap you at a loss.
Yes, emotions will trap us. Traders will be getting emotion failure when they are seeing profits and also when they are facing losses. That is the reason it is always recommended to treat both losses and profit as a same thing. If you do not get excitement on seeing profits and not getting frustration on facing losses will be the only way to be successful in trading. If you want to be successful then you need to apply your strategy in a consistent way and that is impossible to do if you rely on your emotions to do your trades, so the decision is simple you need to limit your emotions when you are trading because if you do not do it then the chances that you are going to become successful diminish to the point that it could be impossible to get profits otherwise.
We need to control our emotions when we are into trading because it will bring down your patience and start selling them for cheap prices. Some time emotions will work for you to make a huge amount of money but in most of the cases, it is impossible to make money through emotions.
Putting too much emotions for trading would just affect our way of trading negatively. We should know how to control our emotions and just focus on the positive things that might happen along our journey here in crypto. We should focus on the brighter side to get rid of losses.
emotions are closely related to our maturity in analyzing coins, and everything runs spontaneously in our thinking. the most important thing is not to put emotions in the scope of luck entirely, even though sometimes it works but trade can be determined by technical analysis, all can be counted even if not 100% accurate.
This is a very good quality to be able to manage your emotions. I used to trade on emotions, it's wrong. This greatly affects the outcome in a trade.
I feel the same because assuming the investors rational, none of them is going to invest in the coins and out in the emotion. So this is one of the good things that you avoid putting in emotions in trading. 
of course emotion is indeed one of the dangerous aspects of trading, emotions are always a problem when you place them at the wrong time, emotions will trap you at a loss.
Yeah as good business men often says that in business your emotions are the only thing which can either make you win huge or lose all so I think it is not good to rely on your emotions for starting a business specially if you are a trader. So I think keep your emotions aside and do what your mind says. Just don't spoil your profit in any kind of situation. of course emotion is indeed one of the dangerous aspects of trading, emotions are always a problem when you place them at the wrong time, emotions will trap you at a loss.
Trading is not about the emotions it is about strategy , market situation , volatility ,right buy and sell without getting too much greedy. It an art to trade and even it is highly risky so people who are weak heart must avoid trading as it can be highly risky and require lot of patience .
We cannot trade without using our emotion pal, you must bear that in your mind. We are human trader, and we cannot take action or decide if we are not using any emotion. Because if not, it means you are dead. Just make sure that we use our emotion in good way not in bad way of course or else we can loss our capital in the end.
of course emotion is indeed one of the dangerous aspects of trading, emotions are always a problem when you place them at the wrong time, emotions will trap you at a loss.
In trading there should not be any emotions, Its common that the ups and downs in the trade market.
If you put your emotion in trading then you cannot trade properly.
Emotion makes the man weak and he cannot concentrate on the trading in the right way.
If you put your emotion in trading then you cannot trade properly.
Emotion makes the man weak and he cannot concentrate on the trading in the right way.
This is a very good quality to be able to manage your emotions. I used to trade on emotions, it's wrong. This greatly affects the outcome in a trade.
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