Do you trade based on your emotions? - page 2.

kotajikikox

full member

Activity: 2548

Merit: 217

Quote from: TheShininglight on October 09, 2017, 11:14:26 PM

Neural network & blockchain-based technology that eliminates emotional influences to increase revenue for day traders.
+ we have patent application!
[ ICO Athena - http://athenacoin.io ]

using emotions in trading are there because need to calm and relax if the investment falling dump but i believe the most impotant in trading use to be success as investor your knowledge and skills as traders.

steveouttrim

newbie

Activity: 75

Merit: 0

You need to learn the difference between instinct and emotion. Good traders will trust their gut instinct; bad traders will trade on emotion.

Set trading goals and stick to them. It's better to preserve your capital base with steady growth than to always be swinging for home runs. Profit is profit, so long as you take it.

marukochanx3

full member

Activity: 167

Merit: 101

Quote from: lovesybitz on October 09, 2017, 11:57:38 PM

Quote from: TheShininglight on October 09, 2017, 11:14:26 PM

Neural network & blockchain-based technology that eliminates emotional influences to increase revenue for day traders.
+ we have patent application!
[ ICO Athena - http://athenacoin.io ]

OF course not, I do trade base in the movement of value in the market place, then I always check the buy wall and sell wall. So that I know the update situation of the altcoins too. Even the team in the token I checked if they are actively updating their community too.

Agreed , because you just can be ur self , trust ur self , do anything with your own risk , its just a opinion.
Because a trader its not based on their emotions , just by feelings and predict the value of marketplace and you will get the best time for sell or buy. Cool

PANK21

full member

Activity: 342

Merit: 108

Bounty Detective

Trading is the most used process for earning money online . Traders must be patient in order to attain and earn the high value of the coins they will trade . For me as a trader , i trade not based on the emotion but based on the price of the coin in the market. If you first fall in your emotion rather than thinking smart choices, the trade will be inefficient and not that high because of the hasty decisions that brought your emotions .

Sirait

full member

Activity: 1890

Merit: 101

even though we've done observations and reading trends, we can also guess we miss and we lose at the time of trading,
and we can also very much obey our hearts, feelings and emotions when about to sell and buy, but we still lose,
it seems there must be a balance between logic and emotion when we do buying and selling at the time of trading ..

tsaroz

legendary

Activity: 3094

Merit: 1069

Quote from: CasualSam on October 10, 2017, 04:55:29 PM

I try not to but sometimes it just can't be helped.

Exactly the same with me. I try my hard not to emotionally make a call. But I just can't resist my temptation and the result are mostly a loss.

btcjocan

sr. member

Activity: 658

Merit: 250

Quote from: Quietman on October 10, 2017, 02:12:31 AM

You should not decide based on your emotions. It is very important to use you brain in trading industry. It requires analyzing the situation. If you will just trade because you you want to, there is a big chances that you would fail and might lose your investment. So think before you trade. Think seven times and be wise.

You're right. Trading should not be based on the emotions because our heart is a deceiver. What we feel is not what will really happen. So, it's not good to trade just because you feel like trading without thinking about the outcome of your decision.

CasualSam

member

Activity: 85

Merit: 11

I try not to but sometimes it just can't be helped.

ItsEzMkay

full member

Activity: 303

Merit: 100

That is probably the single handed worst mistake you can make as a trader or investor. Doing that will make it so that you wont last longer than a year in crypto. Hell just these two forks in the last few months alone might

made you go crazy to lose most of the money you have. Crypto is not for everything, crypto is not for the fainthearted.

Zakhal

full member

Activity: 280

Merit: 100

I love crypto

I try to suppress all emotions when trading. Profit is the only thing that matters. Of course with slim margin there can be exceptions.

geac.xraekhurcoe

member

Activity: 85

Merit: 10

There is no such a thing as trade without emotions, we are not Vulcans http://memory-alpha.wikia.com/wiki/Vulcan so there is always emotions on your decisions. For bot's Stock Markets are using it for more than 15 years already and almost no bot can survive on all markets. Despite all the evolution on Artificial Intelligence, humans wins a lot more than bots with current tech. But for Long Biased markets like Bitcoin market there is winning strategies for bots, but humans are also effective on this market just by HODLing !!

Bustart

sr. member

Activity: 658

Merit: 250

Quote from: Webetcoins on October 10, 2017, 01:10:56 PM

Quote from: liseff3 on October 10, 2017, 03:40:25 AM

No, I trade based on survey and analysis results in some markets including electronic and internet media for consideration.

Because if based on emotion, we will experience a lot of money loss can even destroy the trade business that we pioneered.

you are right with out survey no one can achieve their goals. and bitcoin user goal is profit if you want profit and invest money in any altcoin you should be confidently go for survey and see their history and look for their future thats in which position that can be valuable than you should invest you money . and as you say emotional. emotional can destroy all your money.

Sometimes waiting for right entry is part of business. Productivity can be extremely helpful when starting to trade. If you are business searching, you must analyzed and understand it very carefully. If you failed then never to used emotions. It is not gonna be helpful. Perhaps, learn how to control your emotions by solid trading plan and by keeping yourself productive.

FruitsBasket

legendary

Activity: 1232

Merit: 1017

Quote from: abcd7 on October 10, 2017, 02:51:23 PM

emotion is terms of business most of the times has bad results so am trying to avoid trade based on my emotion:)

There is no such kind of trade in which emotions are not involved. The only thing that matters is how you control your emotions while trading. Relax your mind and face every loss in term of new lesson that might help you to control your emotions. Like losing with gambling, don't bet more and more funds, just turn off that computer or block those sites which make u lose money. To get on topic again, the best way is to hold your tokens even when the market is bearish, eventually the price will increase again and u will have a chance to get out with profit instead of loss. Always remember when u don't sell, u don't have profit or loss.

anasso

full member

Activity: 224

Merit: 100

each time i trade with my emotions i regret and i lose money!

last time i buyed iota when he get listed on binance. since iota losed 20 cents Undecided

kafeelniazi

full member

Activity: 287

Merit: 100

Organic PR on Tier 1 media

Quote from: pey on October 10, 2017, 12:11:45 AM

One of the reasons that makes us lose money but if you are not a bot, even if you are a group of professional traders, you can't trade with zero emotion.

emotions are involved but its you duty to control them,
some times emotions are the reason behind your success in trading and some time it become reason for losing. In most of the cases emotions involve in losing. the bad thing is there is no anti-emotion equipment in the market that is used to take away our emotions during trading, the only equipment is you.

Republicofizmir

sr. member

Activity: 434

Merit: 250

We can't trust it, but feelings say 'need to be trusted'

BrownWolf212

full member

Activity: 419

Merit: 109

I try to trade without emotion - clearly following the trade plan that I have chosen for myself. But like any novice in this business, it is not always possible to follow the plan without errors. It is very difficult sometimes to overcome emotions and sometimes they take over

abcd7

member

Activity: 126

Merit: 10

emotion is terms of business most of the times has bad results so am trying to avoid trade based on my emotion:)

Ging

sr. member

Activity: 504

Merit: 251

yes emotions are there in the process in fact emotions effect almost every decision we make in life . yet sometimes it may fail you. i think good knowledge and experience about alt coins will help making the wright decision.

Ch1bi

full member

Activity: 289

Merit: 100

I have traded coins using my emotions, and it never really ended well. Sometimes when the price of a coin is going up I would try to jump on the bandwagon to make a quick profit. However, the price would always crash from holding the coin too long. Now I learned my lesson to be patient, and never buy into a pump because the price will surely tank afterwards.

Topic: Do you trade based on your emotions? - page 2. (Read 918 times)