Topic: Emotion and Trade? (Read 1572 times)

Making sense and it's reality, those big whales are also traders who seen the opportunity, they bring millions and they take that big risk as they expect that huge amount of profits, same with your argument, if you play with your capital the outcome will dictate the value of your potential profits, the more money you risk with your trade position the higher the chance that you may lose a lot or if anticipation is correct, then the amount of benefits are also huge.

It's your decision making that matters, knowledge and a big good luck will allow you to make that huge benefits, just know how to play with that emotions and be precise about how you understand the market in order not to be  move by some shake around.

Regarding emotional control in trading activities is indeed quite important. Even if we already have good market analysis skills, but if we practice trading, it turns out that we still can't control our emotions, so of course we still won't be able to become reliable traders. People who are not good at controlling their emotions are those who are only constantly influenced by market trends. An example is being exposed to FOMO.

And so that we can control our emotions in trading there is actually a special formula in this. I was told by a friend of mine that in order for us to be more able to control our emotions in trading, we must first know where our position is in the market. Or in other words we have to be good at market sentimental analysis. So we should be able to see the hype movement in the market. whether the hype is at the beginning, at the peak or at the end. If we know where we are then we will be quite calm in making decisions. Like if we know that the hype has just started then of course we will be calm in buying and will be ready to sell when the hype starts to peak. We will calmly sell when we know that the hype will end soon. Now, people who cannot make analysis in terms of market sentiment are those who are more prone to not being able to control their own emotions. Because sometimes excessive greed and fear will make traders get out of their own analysis and plans that they have made.

Do you think that traders who trade millions of dollars only trade what they are willing to lose? At some point, when a trader realizes that he can earn good money on this, he starts trading for much larger amounts than those that he is ready to lose. But if you always trade only what you are willing to lose, then the results will be mediocre, and you will not lose much, but you will not be able to earn much either. Trading is a risk, and those who are willing to take risks will achieve great results.

Emotional control is a very key aspect of our trading journey which must be taken seriously, The world of trading is risky as it involves losing and gaining money and emotions must be attached. To control emotions we must risk what we can afford to lose, then secondly as a trader, we must understand the fact that either you gain it or you lose it, Having the mindset of only thinking to always win will in the end bring emotions when you lose.
Lastly,  we must avoid trading with a lower timeframe because of its noise, and with that, you will be to tackle attaching emotions when trading.

When we decide to hold crypto coins, it means we are ready to keep it patiently. If we can't hold crypto coins patiently, we don't hold a long time but we should prefer to do day trading. I'm sure everyone can hold crypto coins in a day, it only take for hours. 

There is no way that we expect the market always increases, it is impossible. The market always goes down and increases, it is the nature of the market. Moreover, it is crypto market, the prices are very volatile. The volatility makes crypto prices easily to goes up and drop in a short time. That's why trading and investing in crypto is high risk, it is because of its high volatility.

Everyone knows this, a trader or an investor must be patient. If someone can't be patient, kindly avoid to join trading or investing in crypto. No everyone has the capability to trade or invest in crypto, it is because not everyone can have a good emotional control.

i support your sentence which i bolded....

keep in mind that in this world no human being is perfect let alone a trader who fights with uncertainty all the time, professional traders have a low percentage of losses, if you meet a professional trader then he will definitely answer things about emotion recognition that is very crucial in trading.

often environmental factors and hormones affect a trader's emotions every day ^{(not only FUD that appear on the internet)} always remember that every day is a time to learn, there is no end in trading.

The two don't work together well.Too much emotions in trading will definitely results into losses ,Trading is not easy at all one need to control his or her emotions from the charts Learn to be more calm and patience in order to make consistent profits  from the market

Of course when we hold any crypto we should hold it with patience. When we conduct activity in Bitcoin and cryptocurrency trading, the market often goes down. At that time, if we hold on to something that loses meaning, we become emotionally attached. At those times we cannot control our emotions so we have to be very patient in that regard. When the market goes down, instead of panicking, we should be strictly patient so that we don't get emotional later on. But we must know that holding Bitcoin will allow us to earn money again. The important thing is that trading in crypto must be done with patience rather than being emotional it will be great.

In fact, we learn from the experience we go through, especially in conducting trading activity here in the Bitcoin or Ceyptocurrency field. And I also agree that. Sometimes our emotions are uncontrollable especially when we suddenly see that the value of the crypto we hold.

In this case, we often feel panic and anxiety, which should not be that way. So it is important that our knowledge here in Bitcoin or Crypto is great.

Emotions will kill your trade as most the time you are being move by fear and excitement, meaning to say that you are prone in following the situation without doing your research, if you are doing it like this same with what you said, it's been done the same way with gambling, I think there's a need of re-assessing yourself and the way you understand the business.

Always refer to your decision making with valid proof and evidence that it might go in the direction that you are anticipating and not just
being moved because of emotions that you feel inside.

maybe this understanding is the same for a gambler as well as a trader. Emotional control is important for people who do both. beginners in trading may find it difficult if they have to control their emotions. even in every trade beginners tend to panic. maybe not all because everyone has their own character. but whoever trades with emotions, will face bigger losses.

A person who can't control his anger or can't control his emotions how can he control his business. It can be seen that the businessman has taken a wrong decision in business without being able to control his emotions while involved in business. For example, no one can show people who have achieved success in life by making decisions based on anger. A good decision will never come in the head of anger, so keeping a cool head in all situations is the job of an ideal businessman. Everyone dreams of becoming a successful person in business but their anger and their emotions stand in their way. Every trader must first learn to control his anger and emotions and then take business decisions only then he can achieve success in life.

Emotions is something that them main reason on why we do change out our earlier decisions which is common but with due experience then you would really be able to handle yourself out.
It would really be just normal that we would really be facing up some mistakes or errors because not everyone would really be that so perfect specially on trading.There would be days that we might be profitable and there are days which arent.This is why it would really be something a journey that you cant really be able to reach out that kind of pinnacle on making yourself that stable. If you do come into a point that you are
considered to be a good profitable trader then despite of the losses you do have, you could still make profits in the end of the day which this is something that what matter the most.

One of the things that makes it so difficult for some people not to be able to control their emotions is too desperate to make profit from every trade and when there is no discipline in trading it makes people not to keep to the rules of trading which will end up trading with emotions trying to male gains by all means. What helps in overcoming emotions to get the main understanding of trading and follow the rules, and to already understand emotions is one of challenge to bad trading result.

Controlling emotions in trading is not as easy as it is talked about. Emotional control sounds simple but it is difficult when practiced. Even not only in daily trading but emotional control is also needed in the accumulation strategy for long term investment in Bitcoin. I used to be in a rush to accumulate because I saw the rapid price increase that was happening to bitcoin. Even though if I was patient waiting for each of my entry points to be filled, it would be much better. Because after I accumulated it turned out that the price had indeed come back down. And it made me slightly regret my previous decision that had been hastily accumulated. But well experience is the best lesson. Since then I have become more disciplined not to rush into taking any action in trading crypto and also in investing in bitcoin. Especially if it's for the long term then there's no point in us buying in a hurry. it would be better if we only buy when there is a correction only.

Emotions are difficult things for us to control when trading, many factors that make us not easily control emotions, for example are FUDS that are scattered on the internet, making us worry for hold, or vice versa positive news in the market and makes us very eager to buy, of course all have the same risk, and emotional control is a process and experience.

As long your determination to learn things, there's no doubt that with experienced you'll learn how to react in each market situation, it's not easy to adopt but it's doable when you are willing to adjust in the sense that you'll be able to see potential compensations, trading is more on preparedness and having that ability to anticipate the right way, though there's no accurate prediction but there's always a trace that you can use as basis or patterns that will guide you to anticipate the possible next market run.

More on how you take it seriously and how you will process each market outcome and use it for future market trade, adjust and always find the best possible way to adopt with every entry and exit position that you will going to take.

Being emotional while trading has been always risky. It becomes like gambling when you are emotional. You might not have a proper sense when you become emotional during your trading period. You must control yourself or stop trading until you recover. I compared it with gambling because whenever we lose, we place another bet more a bigger amount and in most cases, we lose the bet.

You have to think about it that we are not going to win every time. In trading, we are not going to make profit from each trade, If we lose from a session, we should take a break and then start a new session.

Indeed, even though in theory, there are several steps that can be taken to manage and control our emotions in any case, especially in trading, but in reality it's not that easy. Especially if we basically often feel panicky and lose control, this will be difficult (but that doesn't mean it's impossible). Emotional management is one of the keys in trading to be able to trade properly, wisely and smartly in all conditions. Because if we are still unable to control our emotions, maybe this will make it easier for us to experience losses, especially when the market suddenly drops significantly in a short time. That's why it takes continuous and consistent practice to keep trying to manage our emotions.

The more experience you do have or engagement the more skills you would be able to develop and the more you do have that good self control when it comes to emotions which is something that you should be

taking slowly but surely kind of pace and not into those people who are really that rushing on knowing everything or in one go on which it is something that not recommendable. Dont rush up on things if you
dont like on suffering lots of mistakes and errors because this is where people would usually be ending up on losing money because they are really that too rush up on decisioning on things.
Emotions are normal since we are just humans and we dont really like on losing money on which it is really just that common to have that kind of reaction on the time that we do really make
out these kind of engagement.

Trading is never been that simple or something that you could really be able to bare up the risk with and plus with having that unpredictable and random market when it comes to
movement then this would be molding up lots of emotions and boggling in your mind and this is why its always been a challenge for everyone who are really that engaging into it.