in my world money is badly needed rather than obeying emotional satisfaction.
I prefer my emotional happen if in need like price in the market will fall.
Topic: Do you trade for money or emotional satisfaction? - page 25. (Read 2705 times)
When you have got other sources of income then you can trade for emotional satisfaction. But, I am trading for money, as I don't have other sources of income.
That may be true, but what is the essence and real sense of going out your way and enduring all the trouble tied up with trading if you're just doing for emotional satisfaction. I think the always end goal of every trader or investor in this marker is to get something in return, and that 'something' is usually money or profit. Some use what they get from their ventures in this market as their livelihood and means of living, so I don't think many people actually continue with trading just because they want to have an emotional fix, after all, whatever your purpose is, if you hit a bad deal, you would still lose capital, so might as well make your deals worth while.
When you have got other sources of income then you can trade for emotional satisfaction. But, I am trading for money, as I don't have other sources of income.
As i know, many people doing trading in forex, stock and also cryptocurrency and they just want to earn money and not for satisfaction.
I want to have much money to fill my life better and i want to stay relax and doing a jod wherever and whenever i like without any restriction.
Well i think they go hand in hand with each other. Trade for money and you'll feell well satisfied both emotionally and financially. That is if you land a good trade. I don't think these two can be separated since having monetary gains will make your emotionally satisfied
Neither of the two choices because sometimes I trade for both money and emotional satisfaction depending on my mood and the market and most of the time I tell myself that I should trade so I can save up money for my future and my kids college as well.
I have a source of income other than trading in crypto, but I still make the trade as a place to make money for me, because after all, I still need money from other places apart from my job, because I need a lot of money.
I learn about trading because I'm really interested in it. This sphere is far more than "buy cheap - sell high"! And the profits I get... are just a reward and pleasant bonus for my favorite activity!
I trade solely for the sake of money. But I really enjoy experiencing emotional feelings in the course of trading. This is the best job in the world!
When you have got other sources of income then you can trade for emotional satisfaction. But, I am trading for money, as I don't have other sources of income.
No matter someone has other sources of income, but I'm sure they are trading for money. For on additional income to be exact, like what I'm doing since I know about crypto. To be honest, I do not understand how people doing trade for emotional satisfaction only (if any). If it is just for satisfaction, means there will be no effects for them if they lose so much money while trading?
I trade for money of course. I don't trade just for emotional satisfaction. There are a lot of things you can do just to be satisfied on your emotion. I think for rich people who just want to enjoy trading, maybe they are the one who trades just for their satisfaction.
I agree. I mean, why would a person go to such great lengths of studying their every move and transaction and to grit out and swallow any probable loss for just emotional satisfaction. I think for most people, the end goal is always to get something valuable for their ventures, whether it is from trade or investment, and that goal is usually money. People are driven that way because that money they would earn would be used to their needs and their family's.
sorry before, but personally I do trade is to get money because that way I can get additional money that can suffice my family, so I always do trade with caution.
Dude, not only you but everyone who is trading, they are just doing it for earning money. There may be some people who do this for emotional satisfaction but in my opinion you must be truthful. Definitely we are praising bitcoins just for the reason that they are good to give us income. But what if these coins started taking off their schemes and become useless for us, do we praise them anymore? Only people with lots of money would trade for emotional satisfaction. Those who want to earn money would definitely trade for money. There are very few people who would trade just for emotional satisfaction.
I don’t think there is anyone who want to involve emotions in business and those how did so, suffered a lot because emotions never let you take a decisions based on logics. Sometimes we do such things that have no reason or justification but we do so just because of emotions. Even millionaires are not ready to do trading for satisfying their emotions. Everyone is here to make money, nothing else. 
sorry before, but personally I do trade is to get money because that way I can get additional money that can suffice my family, so I always do trade with caution.
I don’t really think so that there will be such kind of person who will be doing the trade for the sake of emotional satisfaction and that all those who are going to trade or are doing trade are doing it because they want to make money and that they want to change their lives and that this is the reason why there are so many traders sitting in the international market and are dreaming of having a better living too.
of course I trade for money, because my trade can meet my needs and other needs
I do not trade bitcoin to make a profit and can grow my assets and not only that with my trading money to make money because my job is just bitcoin trading, if not trading then I will not be able to get money to buy what I want.
I am long term holder and I have understood the concept of trading with no emotions completely. I wont lie and I can say that I have fallen for this trap in early days of my trades. I used to be very weak whenever I held my coins and whenever I saw the drop for the same. The crypto currencies used to be gpiogn up and down the way they do today and anyone new in the crypto would fall for the trap surely. So its for those who ar new to crypto and think that dropping of the crypto currency is dangerous thing then I would say its not. It can actually give your more return if you buy more keeping your emotions away from your trade. With strategies applied you can have best trades in your life and might just earn more than expected.
In my opinion, emotional satisfaction is obtained from gambling. The satisfaction of a job well done and income is different. Emotions are the main enemy of the trader.
This is such a simple question for all traders out there, but of course all us are trading for money. If you're trading only for emotional satisfaction then what you're doing isn't trading but gambling with your money pretending it as a trading and that is why psychology factor determine if you're a good trader or not
When you have got other sources of income then you can trade for emotional satisfaction. But, I am trading for money, as I don't have other sources of income.
Right you are. When someone has enough money to lead e decent life, he will be lucky enough to trade emotionally. But, one thing we must remember that we all need more money although some of we have a plenty of money. If people had no need of money after a certain amount, then world's richest businessmen would never do business to earn money. I do trade for the sake of making more money. 
Good words by the Joe Ross! Agree that we are really small in front of the market and we cant always win the situation. However considering all your facts I do believe that I am not doing it for emotional satisfaction whatsoever may be the situation. The thing is I am very keen in choosing my earning methods and trading stands the last chance in it. I usually do holding trade with the bitcoin mostly and thus to do that one needs to be not emotional type so that in any situation we can just hold the currency and make profits over the time. So my satisfaction lie in the money making and for emotional turbulence really. I dont even have enough money which I can just spend spare on the satisfaction. Lolz.
Jump to: