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Topic: Do you trade based on your emotions? (Read 918 times)

newbie
Activity: 14
Merit: 0
October 11, 2017, 03:58:39 PM
#83
To the question (header):
Emotions have a big influence into my trading decisions and honestly I doubt anyone could trade completely emotionless. How could you do it without hope for success? No one knows the future so best thing you can have is hope for success imo hope is an emotion. This hope can be stirred by knowledge of the market, news, analysis of any kind but in the end to decide wether to invest or not, you need some "gut feeling".

To the ICO:
Interesting approach, sounds like it could become a real big thing, still my guts tell me that it won't and this won't be the first ICO I invest into, I could argue for or against investing here with many pros and a lot of cons but I think it's up to yourself if you want to invest or not, laugh at me or feel sorry for me after becoming rich due to investing here IF it will skyrocket.

Good luck ppl
full member
Activity: 448
Merit: 100
October 11, 2017, 03:27:33 PM
#82
In my tradings, I always make my decisions with examining the charts and the past situations of the currencies. I am a person who always try to think mathematically and wisely. My feelings have a very little place in my decisions.
full member
Activity: 280
Merit: 100
October 11, 2017, 03:18:04 PM
#81
Never trade with emotion (easier said than done, i fomoed in 2 trades, one time it paid of, the other time im still holding the bags)
do your research, make a plan and than stick to it. works best for me

Cheers
hero member
Activity: 1148
Merit: 528
October 11, 2017, 03:16:50 PM
#80
Neural network & blockchain-based technology that eliminates emotional influences to increase revenue for day traders.
+ we have patent application!
[ ICO Athena - http://athenacoin.io ]
Though the topic sounds misleading but most people did not even take out their time to check out the OP's link. It is just basically another ICO that is basing their algorithm on AI for traders to eliminate emotions when trading and do not even have a product yet. Sorry, but I don't believe in this crappy projects that will end up just giving us some unrealistic ideas that won't even be possible.

If you have an idea, show us what you have done to attain it at least a bit. Sorry if I am being too mean here but it is just the truth. However, I do not see the reason why someone who really wants to trade in the first place should not be able to work on his/her emotions before learning how to trade.
full member
Activity: 238
Merit: 144
October 11, 2017, 03:11:53 PM
#79
Of course emotions are the main obstacle for trading, but it seems to me that none of the neural network is not yet able to outperform humans in trading.IMHO
sr. member
Activity: 462
Merit: 250
October 11, 2017, 03:03:15 PM
#78
Who doesn't! When it comes to money, it may suprise you that you have some greedy feeling that you never thought was there! Emotion always run wild with money! But the ability to control your emotion and put it or subject it to logic is what differentiate the winner and the loser!

Yes right the more you are emotionally stable more chances are there for you to earn money. Because if you are emotionally attached with trading then it is very difficult for you to lose your money. For trading it is i think mandatory to be emotionally stable.

depends on the emotion if your emotion are you are afraid to lose money while in trading it will truly help you for you to think the best way to do so i must agree that while you are in a emotionally stable that is the best time for you to earn money.
hero member
Activity: 1288
Merit: 524
Buzz App - Spin wheel, farm rewards
October 11, 2017, 05:33:22 AM
#77
Who doesn't! When it comes to money, it may suprise you that you have some greedy feeling that you never thought was there! Emotion always run wild with money! But the ability to control your emotion and put it or subject it to logic is what differentiate the winner and the loser!

Yes right the more you are emotionally stable more chances are there for you to earn money. Because if you are emotionally attached with trading then it is very difficult for you to lose your money. For trading it is i think mandatory to be emotionally stable.
sr. member
Activity: 938
Merit: 251
October 11, 2017, 05:26:42 AM
#76
Who doesn't! When it comes to money, it may suprise you that you have some greedy feeling that you never thought was there! Emotion always run wild with money! But the ability to control your emotion and put it or subject it to logic is what differentiate the winner and the loser!
full member
Activity: 280
Merit: 100
October 11, 2017, 05:16:36 AM
#75
actually, i think emotion will affect everything we do more or less, its harmful to investment because emotion will make us make wrong judgement and do unwise decision,one way we can do is to avoid trading when we have a strong emotion
full member
Activity: 336
Merit: 100
“Join The Blockchain Revolution In Logistics”
October 11, 2017, 05:07:10 AM
#74
No I don't. I use my proper knowledge when it comes to trading. I'm really into it that's why I make sure that I will not loose at the end.
legendary
Activity: 1442
Merit: 1016
October 11, 2017, 05:02:32 AM
#73
Trading based on emotions is the worst you can do!
In 90% this will be a fail trade or is the wrong decision.
Emotions and trading doesn't fit. Leave feelings and emotions out!!! If you can't than trading is the right thing for you.
You always need to have a clear mind and being able to focus, no bias, and just do to what the chart tells you.
This is the reason why 90% of traders lose!!! You yourself are your biggest issue (hurdle), not the market or the basics of trading which of course you need to understand!
full member
Activity: 180
Merit: 100
October 11, 2017, 04:56:32 AM
#72
Reason is a necessary condition for investment, if easy to be emotional control, I would like to do not participate in such an investment
sr. member
Activity: 462
Merit: 251
October 11, 2017, 02:38:56 AM
#71
Emotion must not apply in doing trade in the exchange platform. It will not give any help while we do trade in the market. We should know how to control ourselves so that everything will be fine for us to gain profit.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
October 11, 2017, 12:21:33 AM
#70
Neural network & blockchain-based technology that eliminates emotional influences to increase revenue for day traders.
+ we have patent application!
[ ICO Athena - http://athenacoin.io ]

i am not trading based on my emotions because it will risk my trade and i can not analyze with clear and i could make something wrong. i have many experience in the past related with using my emotions and i make many mistake so i don't want to do the same mistake. this is why we need to control our emotions in trading because its the most important things that we should know so we can avoid to make wrong analyze. even if we are in sad conditions, i think its wise if we don't trade until we can handle our emotions.
legendary
Activity: 1148
Merit: 1006
Black Panther
October 10, 2017, 09:23:55 PM
#69
I'm usually trade because of my local community  support each other tell info about what altcoin shall be invest and be not to
It's fun to share trading experience so we can able understand better to predict next value from altcoin investation
full member
Activity: 366
Merit: 100
October 10, 2017, 09:19:45 PM
#68
Yes, emotions is one of my factor when i trade a big amount, and also emotions is the reason why people is successful and not, its good to trade when your emotions is not very happy or very mad because it can cause you lose control and not thinking very carefully, you must trade with a calm feelings so you can think when is the right time and place to trade.
No use of correlate the emotions with the trading aspects to large scale. It's all about the prediction market, one who have been in observation over the market predicts price in a much better way. The same when played with emotions cause panic situations and the same might cause loss.
sr. member
Activity: 288
Merit: 250
October 10, 2017, 09:09:55 PM
#67
Emotions will make you lose, if our brain is controlled by emotions then it is difficult to think rationally. this is dangerous, your knowledge will be lost and you become blind. In trading is very important to control emotions, be patient and not careless.
Always do market analysis and decide which strategy to use.
 Smiley
full member
Activity: 434
Merit: 100
October 10, 2017, 07:04:33 PM
#66
Yes, emotions is one of my factor when i trade a big amount, and also emotions is the reason why people is successful and not, its good to trade when your emotions is not very happy or very mad because it can cause you lose control and not thinking very carefully, you must trade with a calm feelings so you can think when is the right time and place to trade.
hero member
Activity: 840
Merit: 500
October 10, 2017, 06:59:18 PM
#65
i think in this business no emotion needed if your acts with your emocions you will be gamble.because notion and emotions can be clash on somewhere and always i choose my notions
I think yes that it is right to say that emotion to not have any place in trading, You sold consider trading as your business and should pay full attention to it, because it require a lot of attention if you want to become successful in trading.
full member
Activity: 268
Merit: 109
October 10, 2017, 06:30:42 PM
#64
i think in this business no emotion needed if your acts with your emocions you will be gamble.because notion and emotions can be clash on somewhere and always i choose my notions
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