Topic: Do You Need To Put Your Emotion in Trading ? - page 6. (Read 2541 times)

It is ok to put our emotions in trading as long as it will ruin our strategy in trading. And don't let our emotions get the best of us. Becaise it will lead us to some bad decisions.

Anyway, involving emotions in any case will only make you frustrated because you cannot control yourself well, especially if your emotions cannot be blocked when you are trading, because I am sure you will only lose profits because you cannot appear calmly and think well when emotions control your brain.

The more emotional you get, the more un-strategic your decisions would be so it is of no use being emotional in the business. One should focus entirely on the market signals and the personal intuition while making a trading decision.

Trading is not an easy game in the first place and if you mingle your emotions with your thoughts to decide about something, you would never get it straight. But if another man does, it gives you knowledge and enables you to understand about the consequences of the decisions based on the emotional intuitions. In addition, it is of no use in the first place as well. Loss is something that will not benefit you if you make your decisions on the basis of emotions and not data and market signals.

In psychology there are some vies like one is you can work better with emotions but that is useful in charity and emotions and while other school of thought says that emotions some time not good in the selling and buying businesses because when emotions control you fully then your profit will be affected.

In fact, it is always a saying that put emotion into trading and trading will show you the best side of it when it comes to making you get emotionally drained to the core.

A lot of people today have lost a lot in trading as a result of getting their emotions play the best part of them and as a result of not trying to gain as much knowledge and skills they will need to be able to make good calls when it comes to trading without having to add emotions. Normally it is always, either you get emotional and get screwed; or you know what you are doing and do it right.

No emotions in trading are something very obvious because business is more like a strategic game and not an emotional oriented game. So to maximize the pay off, be an emotionless investor.

Trading with emotions is more like trying to cook a stew with too much salt, because no matter how you want to think it to yourself, it will never turn out well. Trading requires a lot of knowledge, skills and some level of experience, so many people today, do not actually get to make the best of trading because they saw it as an easy thing they could just dabble into without having to learn so much about it and as a result of that, the end part of things is always disastrous and when the reality kicks in, of course, getting emotional and keep making silly mistakes over and over again, will always be the result.

It is like killing yourself with pistol pointed at your own forehead. It is understood that trading and emotions are like rivals. They can’t be treated at same level with co-existence.

it is very difficult to activate our emotions because emotions are the true nature in us. before we work here emotional control must be mastered because if it does not make us lose. the price drops is normal and this is the risk, so we don't need emotions.

I know from books on psychology that it is impossible to control emotions. Disable emotions you also can not. You can only develop composure. When you have already completed thousands of transactions, you will not be disturbed by any fluctuations in rates and you will be able to follow your trading strategy.

You said trading is a part of business , afaik every business needs emotion like for example you need to be happy so that your costumers or employees will also feel the same but if you are sad do you think your costumer will back to you  ?  And do you think your employees wont be afraid to you if they see that you are always in a bad mood ? I guess not .

That can also happen in trading because trading is also a business .  we need to be positive and smile even though we loose sometimes so that we can still be motivated to try again .  its also okay to feel sad and cry if you loose because that can cleanse your body and soul .

Instead of putting your emotion while trading, why not put your emotion before trading? So when you don't feel like it, you won't do crappy trades. While you're in it, you'll keep focusing on learning and adapting through market trends. Seriously, you could just be another victim of the market's mood and just gonna end up cashing out immediately whenever the market just moves a bit of a price down.

Given that Fundamental analysis and Technical analysis have yet to find a firm foothold (accuracy level) in the cryptocurrency markets, we have to accept that price action is very much dominated my market sentiment. Another word for sentiment is "feeling" or "emotion". I can't ignore the potential for market manipulation in crypto, but there is market manipulation in all trading spheres when the big players are shifting massive sums.

I'm not suggesting for a moment that we should let an overwhelming "good feeling" about a poor project or coin take the place of good sense or rationality, but how we react to news and price action charts is subjective (and subject to human emotion).

I would suggest that trying to eliminate emotion from trading is a counterproductive, emotions and feeling are part of our evolutionary make to help us spot signs and signals that we can't otherwise explain by empirical observation alone. If you have fantastic "evidence" that a project is about to moon, but you have a doubt that niggles at the edges, there is probably a good reason for it. It works the same way in reverse. I find an emotional control to be a better technique to weed out niggling doubts and to look closer, either confirming or dismissing the doubt.

Of course, this is all subject to opinion and mindset.

Its indeed a big factor that can affect anyone's decision not only on trading or investing but on all sorts of things in life. Each decisions can really
be affected if emotions would set in. Nether you are on a decision making situations if your mind cant able to handle it out.

Emotion is something that will negatively affect you when you are trading. But it is also something natural and you can't stop it in any way. All you can do is control it and make sure it does not take control over you. You should keep your emotions under control or else you will end up taking steps which you will regret later.

I think controlling our emotions in the trading is the real task that is how we can make the better decisions at the tough situations.But if someone is active trader they need to stay away from emotions while trading they just need to do this at with full mind since they are doing this as job.

Emotions is a great factor that contribute to stress on every person. If a person's emotion is strong enough to affect him, theres a greater chance of panicking because the person may think negatively and may make an unwise decision without even thinking of its effect. He might lose some of what he has because of it.