Do you trade based on your emotions? - page 4.

lenovo16

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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.

Its not wise, if you let your emotion decide weather your going to trade or not. You must need to think and be business minded in order to earn more from your investment. You should know the value of the coin you are holding and research if it is worth to keep.

dirgayeah

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trading on the basis of emotion usually has a negative effect on the outcome. for that we must intelligently analyze the market movement of a coin

liseff3

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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.

TheUltraElite

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So anyway, I applied as a merit source :)

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 ]

Are you a shill/paid FUD poster of athenacoin? The topic title is something and the OP is too scarce to explain how that links to athenacoin. I myself have read the ANN of athenacoin and understood how "neural blockchain" is associated with that but why post it like this?

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

intrader

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I trade with emotion over the past years that made me very hurt
Trading need exprienced and choice the right assets, sometime I cut loss with emotional and made a right decision.

Marvell1

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It is strictly forbidden to trade on emotions. Professional traders are always trying to abstract their own emotions and trade with steady hand.

btcdepo

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when I have started to trading first year it was complete catastrophe because I was so emotional, getting angry, scared etc. and those days caused me to lose a lot of money that I hardly made it back after that. my advice for beginners, if you think you are not ready psychologically, give it a bit time and come back later.

batang_bitcoin

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This is why bitcoin and other alt coins made my emotions stronger. Before I used to trade base on my emotion and like when seeing the price of that alt coin or bitcoin which I hold, I don't take time to do another analysis and instead, I keep on selling my stash that leads me to cut my losses and after that it is making me regret at the end because it never get dumped again and it is starting to increase after selling. And that's what I learned, don't depend on your emotion.

Quietman

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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.

ask

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If you trade with emotions all bots will eat your salary very fast.
Forget your emotions trade like a bot to profit

akmittal

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yes, emotions are also effect. But only emotion can not decide trading. trade depends on market demand, share holders involvement. market sentiments depends on the different factor like, good or bad news, international policies, buyer/seller. all these factor decided trade. now a day many software are available for trade advise.

eagle10

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Quote from: fedor3327 on October 10, 2017, 01:54:07 AM

Trading with emotion is a mistake. Its incredibly difficult to do however.

Decide whether you are an investor or a trader.

Investors invest with emotion.

Traders, if they are to be successful, must trade without emotion.

I am more of an investor but I trade once in a while. I just cannot help to be impatient if the price goes down and my trade is not called yet. But anyway, I am learning that's a fact of life.

hgmarral

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Impossible to trade without emotion. It goes against human nature. You can only try your best to manage it.

fedor3327

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Trading with emotion is a mistake. Its incredibly difficult to do however.

Decide whether you are an investor or a trader.

Investors invest with emotion.

Traders, if they are to be successful, must trade without emotion.

anzach87

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not at all emotions can make you loose a lot of money:) and take bad decisions

Lord casanova

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nope.. always trade with brain and see market tactics. there are people who first pump and then coins so you need to be smart in crypto world

Vatimins

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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 i do! If you do not have emotions when trading. You aren’t human. The things that separates a good trader to a bd trader are great knowledge, great experience and great control of emotions. But not no emotions. Emotions drives us and fuels our desires to continue trading. No bot is better than a human being. Bots will always lack something. Which is humiliating for a bot,m. Whereas in humans, mistakes are common and can be improved with experience over time.

angelex

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

Do you trade based on your emotions?

Emotion-based trading is definitely a dead end unless you have a 100% intuition. The price of cryptocurrencies is so extremely volatile with such dramatic price fluctuations that it can cause panic and fatal strategic errors. Of course, it's impossible to get rid of all emotions completely, but they should be minimized. I personally try to rely on the available information about the current marketplace situation and analytical skills.

bitkanu

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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 ]

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.

cicio

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in one way: of course not.... but in deed... of course yes (when you touch your own "disappointing point":

it's 4 years that i trade cryptocoins... and i can say that i have my own method during with i am "cold" on pump and dump or during bloody days.... but from time to time... whey you see that your theory and interpretation of events aroud a coin are so different from the reactions of the comunity... or you feel a lonely stupid..and you admit that you are wrong.. or you consider yourself right but in a wrong timing so.. you let yourself to be corrupted and involved on emotions. it would be the time of disconnect yourself from trading... but its not always easy.....

thats why i did lot of mystakes many many times... even if i consider myself methodic in general and cold on trading....

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