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Topic: Do you trade based on your emotions? - page 3. (Read 918 times)

sr. member
Activity: 448
Merit: 250
October 10, 2017, 02:00:52 PM
#43
nope, trading based on emotions is the worst thing you can do if you are managing a big amount of money in your trades, you can easily lost everything if you make a wrong play just because you were afraid of the next movements, it usually happens, that is why all the newbies lost their funds fast, because they are controlled by their emotions.
So dont pay attention to them, and keep trading, you will see that you will earn a lot of money.
full member
Activity: 252
Merit: 100
October 10, 2017, 01:57:01 PM
#42
I have to say yes, I have been holding on to a crypto while it's losing 90% of its value. Should I have sticked to my plan I would have sold it long time ago. Since I really like the project, too much emotion has been put into investment decisions.
newbie
Activity: 27
Merit: 0
October 10, 2017, 01:51:15 PM
#41
Practice shows that if you're not experienced, your first steps on the market could be calculated and logical, as you try not to risk in the beginning, but the reactions to unexpected changes are always emotional, leading most often to losses. Therefore, it's true that the main thing is not to raise rates, until the experience is enough and you get the right feeling.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
October 10, 2017, 01:10:56 PM
#40
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.
member
Activity: 88
Merit: 10
October 10, 2017, 12:57:35 PM
#39
Trading with emotion most time is not good, trading requires self discipline so that you know when to buy and sell but little bit of emotion is not bad either at least it makes us have the mind we are doing the right thing.
full member
Activity: 215
Merit: 100
October 10, 2017, 12:53:26 PM
#38
Neural network & blockchain-based technology that eliminates emotional influences to increase revenue for day traders.
+ we have patent application!
[ ICO Athena - http://athenacoin.io ]
Nope, the brain should become the main actors in the trade activity, i understand if you are saying that about AI to replace your emosional but sometimes that will have used to take or determined the urgent decision.
and also make some wrong decision too if you are in some critical emotion going in trading there should there is a specific emotions of not there is no but always remember trading with in a sad emotions that your brain cant function normally can lead you to nothing but bad.

I sometimes randomly trade on exchanges especially on bittrex, and at the end I feel very depressed for my decissions. It's somehow not true to go with our emotions. We have to use technical analysis methods.
full member
Activity: 448
Merit: 100
October 10, 2017, 12:51:28 PM
#37
I mostly trade based on my feelings and news I see on the internet because I am not able to analyze charts or use such technical programs.
full member
Activity: 294
Merit: 100
October 10, 2017, 12:51:09 PM
#36
Neural network & blockchain-based technology that eliminates emotional influences to increase revenue for day traders.
+ we have patent application!
[ ICO Athena - http://athenacoin.io ]
Nope, the brain should become the main actors in the trade activity, i understand if you are saying that about AI to replace your emosional but sometimes that will have used to take or determined the urgent decision.
and also make some wrong decision too if you are in some critical emotion going in trading there should there is a specific emotions of not there is no but always remember trading with in a sad emotions that your brain cant function normally can lead you to nothing but bad.
full member
Activity: 364
Merit: 100
October 10, 2017, 12:21:23 PM
#35
Trading based on emotions is the last thing we should do. It is more like gambling than trading.
cause if you go on trading with a hard emotions there is a possibility that you can make a bad decision let go all your struggle peace of mind this is a required emotions cause if you are not stress and you go here you can now in a good way not all im telling but this is the way that you can avoid more losses let say you loss a lot and you to trade again make sure that you go here with no heartbreaking moment. Just let go all bad emotions.
legendary
Activity: 2100
Merit: 1042
HODL
October 10, 2017, 12:19:47 PM
#34
I'm trying to avoid any type of emotions when I'm trading. But it's VERY hard to do sometimes.
sr. member
Activity: 812
Merit: 256
October 10, 2017, 12:14:59 PM
#33
Trading based on emotions is the last thing we should do. It is more like gambling than trading.
member
Activity: 189
Merit: 10
October 10, 2017, 10:17:42 AM
#32
I try to separate emotions and rely on the voice of my mind, but, of course, I trust intuition (we are all humans).
completely unemotional not turn out in any way.
hero member
Activity: 3010
Merit: 794
October 10, 2017, 10:14:35 AM
#31
Neural network & blockchain-based technology that eliminates emotional influences to increase revenue for day traders.
+ we have patent application!
[ ICO Athena - http://athenacoin.io ]
As ive seen on the link i do really love the idea but this kind of project isnt really necessary at all because we can able to handle our emotions without the need of being guided because we would able to gain it along the way through our experience. Emotions would really be a big problem when we are trading specially when we are still a newbie,we do easily panic which causes for us to commit mistakes.
sr. member
Activity: 882
Merit: 251
October 10, 2017, 10:13:50 AM
#30
When Im new in trading before I always use my emotions during trading that got to lose my hard earned money. If doing trading just base in emotions probably will resulted into loses. It should be base in the movement of the market with analysis.
newbie
Activity: 4
Merit: 0
October 10, 2017, 10:07:31 AM
#29
You cannot trade with emotion and expect to be profitable  Smiley If a coin is about to make you a loss, sell it before it does! Save your emotion for other areas of your life; with your partner/spouse etc. This game is about making money, you think the developers of the coin care? Probably not.
hero member
Activity: 2478
Merit: 512
Leading Crypto Sports Betting & Casino Platform
October 10, 2017, 10:02:50 AM
#28
trading,,i look based analisys,like volume,chart n buy support,,sometimes im using my feeling too Smiley
n nice info very important
newbie
Activity: 37
Merit: 0
October 10, 2017, 08:49:34 AM
#27
Yeah When i started but I'm now more into long term.
full member
Activity: 531
Merit: 102
October 10, 2017, 08:45:59 AM
#26
NOPE.  Trading must not be based on emotion.  You cannot think properly if you decide under emotion. Mind must be superior than emotion.    It is natural to experience panic if you see that the value of your investment is fluctuating but if you sell  during that time, then, you will experience more lost. You must be patient and wait for the right timing.  Think and focus to study the market rather than trusting on your instinct.
newbie
Activity: 11
Merit: 0
October 10, 2017, 04:17:29 AM
#25
Traded without emotion is so hard . I wish i could i remember when i was all in on the bcash and he was like 250€  . I was seeing my money crashing down . and finaly sell at loss .   1 week later a big pump happens  =/  I've missed 10k€ .
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
October 10, 2017, 04:11:43 AM
#24
If you ask me, one should never trade or do anything associated with risk based on their emotions. Emotions have the bad habit of blocking the normal logical thinking and reasoning and may force you to take decisions which are outright stubborn. These decisions will most likely have bad effects in future and thus controlling them is a must.

However I must say, this does not mean I will invest in athenacoin. Period

I agree, and anyone here serious about trading will agree. But the truth is, 90% of us traders here are amateurs who rely a lot on the advice of others and react to the news we read on websites and social media. The problem with marketing and shilling is that they work,,, whether we care to admit it or not. Every day is a lesson for me and I believe I grow more as I trade, win or lose. But sometimes I throw out the chart and buy or sell on emotion. I wish I did not and I know I do it less every day. But it is something a lot of us are not immune to.
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