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Topic: Do You Need To Put Your Emotion in Trading ? - page 3. (Read 2526 times)

sr. member
Activity: 750
Merit: 252
There is no way to eliminate emotions except maybe by using some medicaments, which is ridiculous and unacceptable. You can only control them to one point. There will be days when we are crazy, nervous etc, for no particular reason and it is THE test for control of the emotions. I am very calm and reasonable person by nature and I have massive problem to control my self when I fell very nervous. Only thing that gave result is to quite the thing that I am doing (trading for example) and to do something that will bring balance to my psychological and emotional condition.

To repeat: There will be days when you are totally helpless trying to calm down and, by my opinion, only good choice is to quit on hour, two,five hours... entire day if necessary, because it is not your day. As soon as people realize that, positive things will happen in their trading routine.
full member
Activity: 812
Merit: 100
I think no because sometimes emotions will bring you more in disappointing stage because you will be excited to what's will be the outcome. Much better to hold your emotions in crypto because everything wi be unexpected.
legendary
Activity: 3248
Merit: 1179
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.

It`s same with risks, you can`t eliminate risks like you can`t eliminate emotions, what we can do is to control them until some point. You can`t trade with coins you don`t believe in, if you don`t think they will rise eventually, that is some emotion, same is with selling, if you don`t feel some coin will rise by all informations you have you will sell, based on your feeling.
Bottom line is that anyone can look at charts, anyone can make technical analysis, watch what others saying, but in the end we do what we feel its the best. That feeling is some emotion, and you need to know how much you are ready to risk, more you risk, stronger emotions will be, with every win or loss.
legendary
Activity: 1904
Merit: 1000
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.
jr. member
Activity: 350
Merit: 2
newbie
Activity: 112
Merit: 0
In trading there should not be any emotions and personal feelings.
When you put your emotion in  the trading you cannot trade properly in the market.
Emotion makes the person weak in the trading.
sr. member
Activity: 1120
Merit: 256
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
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
I think the subject of the topic is much simple putting emotions into anything could lead to some critical devastation which could lead to lose or gain depending on how the emotion play-out. When trading at lose, one should not allow emotions to have control over the trade, also, when gain emotion could also play an important role to make more of it but nevertheless, emotions in man should be control by all means and not allowing it to control him.
full member
Activity: 868
Merit: 104
If one includes emotions in trading then he cannot survive in the market for long, emotions are the biggest enemy in trading I think, trader should rather be disciplined with a sold plan. There should be a deep analysis before taking any trade and it should have strong plan, if trade goes against you what is your SL, if trades goes in your favour what is your TP. One should patiently wait for the right time to take any trade, there is no place for emotions in it.
legendary
Activity: 1834
Merit: 1036
While it is easy for us to say not to give a space for your emotions while trading, as humans we are weak in controlling our emotions. Best thing that we can do is before we make a move and specially if its a major one that involves a huge amount of money, ask around if what you plan to do is feasible that way you will get to listen other opinions that might help you change your mind instead of just following your emotions.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
No need to do that,if we do then we are making the things more complicated to be honest.Trading should be based on decision making so when we are having emotions then we are not able to decide what can we do next.
Lack of control on your emotion will mess your journey in trading.

It has been known that trading is risky type of venture and you need to have an effective strategy in order to be profitable.
When we say strategy, it does not involve our emotion, we use the full function of our brain, and we should continue to do that until we get consistent in making good decision, that's my understanding on how to be successful in trading.
legendary
Activity: 1414
Merit: 1001
no need to use emotions I think if we before starting a trade investment know all the risks that will be invested in investing in crypto currency beliefs and patience will reduce emotions
It is simple! Put your emotion in trading and you are screwed with your emotions. Trading is all about taking a risk but at the same time realizing that you cannot always be right which is why there is what is referred to as risk management which a lot of people usually do not understand. Now, when you trade with your emotions, there will always be an issue when it comes to trying to make important decisions in your trade as the case may be. Always and always keep your emotions in check and trade what you see decisively.
That is an unavoidable risk. In trading, we must be able to do risk management as well as possible. We will not always win and we will not always lose. so for me all we have to do is always try to do the best. Trade with full energy and do the best analysis possible. When we have done our best, we will get closer to success.

If all of you decide to trade, all of you must be prepared to exercise control over emotions. Trading requires courage and calm in making every decision.
member
Activity: 546
Merit: 32
No need to do that,if we do then we are making the things more complicated to be honest.Trading should be based on decision making so when we are having emotions then we are not able to decide what can we do next.
newbie
Activity: 11
Merit: 0
i heightened discipline in tradeing. if you let your emotion get in trading you will lose
This is a very old topic and almost everyone here has written against the emotional trading so yes you should not do that. Do not you see the guys who have lost everything due to emotional trading?
full member
Activity: 445
Merit: 111
I think in trading there is no place for emotions. Most traders lost their deposit in the beginning because of emotions. Acting strictly on the system for a long distance always get a plus
full member
Activity: 518
Merit: 145
no need to use emotions I think if we before starting a trade investment know all the risks that will be invested in investing in crypto currency beliefs and patience will reduce emotions
It is simple! Put your emotion in trading and you are screwed with your emotions. Trading is all about taking a risk but at the same time realizing that you cannot always be right which is why there is what is referred to as risk management which a lot of people usually do not understand. Now, when you trade with your emotions, there will always be an issue when it comes to trying to make important decisions in your trade as the case may be. Always and always keep your emotions in check and trade what you see decisively.
newbie
Activity: 23
Merit: 0
i heightened discipline in tradeing. if you let your emotion get in trading you will lose
sr. member
Activity: 756
Merit: 252
Sometimes it's very difficult to put aside your emotions when trading. But in the real sense, applying emotions in trading is the easiest way for one to lose everything. Emotions will always push you to want gain more and in that process, you will find yourself losing everything profit you have worked for. Don't apply emotions when trading.
Without a doubt it is very difficult to leave your emotions behind when you are a trader but it's something that must be done, there are so many examples of people trading with their emotions and then losing all their money by doing it that there are many books that make some of their first lessons to try to make you to control your emotions, that should show you how important it is.
I have encountered many problems when trading and the main reason is my feelings. Most of the time, when we trade we are always in a bad situation because the market is in a downturn which makes it difficult for us to concentrate. I think emotional control is impossible at this point and we should do it again when the market enters the uptrend.
That is something I have noticed as well, my biggest mistakes have happened when I had let my emotions take control of myself and the most difficult part to accept is that deep down I know what it is happening and yet I am unable to stop myself from doing all the wrong moves that I know are going to cost me money, that is how powerful those emotions can be and why it is important to dominate them.
hero member
Activity: 840
Merit: 516
full member
Activity: 651
Merit: 103
There is a high chance that you will experience losses if you will put your emotions when you are trading. We should always self control for us to put our emotions away.
We should also remember that one mistake can lead to losses. We can avoid panicking if we will not put our emotions.
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