Topic: Emotion and Trade? - page 4. (Read 1572 times)

It is not easy to take a break when you have just incurred a loss or one of your trades is going into loss, even if you try to put your mind towards something else, this will still keep tickling in your mind that your money is at risk. Newbies can barely keep themselves away in such situations, and even those with control over their emotions will have a hard time.

I believe it is better to simply have a stop-loss set as soon as you place a trade so that your assets don't lose too much value that can be a concern for you and makes you restless even if you are not connected with the market at that time.

that is really a must having target profit and stop loss because we don't know what will happen to the market , like if we dont put stop loss for sure if the price of the coin that we are trading to drops then for sure our accounts would be burn as we dont put stop loss on it , also we get greedy if we dont put target profit on it, this is really the probe  of new traders not putting target profit as the want to get more profit but because we are too greedy the market reverses and we again lose.

Emotion in trading is what many traders had been battling with ans till now some persons have not till gain a better way to fight against it.  Trading without emotion is what we need to try to make sure we can do not trading with fear of losing our fund which shows that we can nit really learn one of the most important thing we need to understand about trading.

Trading should be more of growing personal skills with attempt of creating our own strategy to we can profits from the market using our own technicals to enter and leave the market. There are some traders too that had not benefit much from the market that are facing this problem too.

Once you do lose money or a certain trade then it would really just that normal that you would lose your cool since we're just human beings on which it is really that a normal reaction since we don't really like to lose money in the first place.Therefore, you would really be needing that kind of sell control and discipline towards your emotions on which it would really be that crucial on this time, considering that each person does have its own level of tolerance when it comes to impulsive reactions and could able to overcome this kind of stress and anxiety which would cause up that possible generation of bad decisions and you wouldn't really be that thinking clearly because your emotion has been shattered or being really that triggered.

Learning would really come from experience thats why we could really say that it would really be inevitably be part of the learning process because losses is something that inevitable. Important
thing on here is that you do make yourself that been mold up on the time that you do make trades along the way.It is really just a matter on how you would really be making yourself
be versatile and making out some adjustments basing up on what you are currently dealing with.

When trading on the losing side, it might be difficult for a trader to keep his emotions under control. He will be impatient to make a profit, if not immediately, which will cause him to make a poor decision in his trading analysis.

When a trader is going through something like that, he should try to take some time off from trading before starting up again. Perhaps when he is ready to start trading again, he will do it with new perspectives and a new sense of purpose.

The most difficult thing when we are trading is controlling our emotions, as we know that very high price fluctuations make us easily emotional, but what happens when we are emotional is that we usually lose, it is better to focus on the goal, namely profit, if we trade on spot exchanges then this the best is after buying then adding a profit target then placing it in a sell position.

trading emotions make us wrong in taking steps. this is because after the emotional increase, the brain cannot work properly, so that whatever it has planned actually goes wrong, not according to plan. therefore it is important to control yourself in trading, so that you can think healthily in carrying out all trading plans. it is difficult to predict market fluctuations, these fluctuations are often emotionally draining. therefore trading healthily and don't rush to get big results, but enjoying trading learning will be better

Emotions are connected to every human being but what really matters is how much control you have over your emotions. Trading is a platform where you have to make very thoughtful and patient decisions.

All experienced traders do not act on emotions based on their experience and full knowledge of the market. Most of the new traders get emotional and make wrong decisions due to inexperience. Traders who cannot control their emotions should stay away from trading as the price volatility is high and emotional people will only lose here. Each trader's way of trading may be different but the principles and methods of trading are the same for all.

I think if there is any emotion in trading then we will have high chance of losing money. I think if we are not able to make money by trading most of the time then we need to follow some other rules. Or trade off for some days.  We have to do it. When we lose money, we are not right. It seems that I have to withdraw this money. There is no such thing that can be done so that we lose all the money.

Trading is not only about controlling your emotions, but also about having a good strategy, risk management, and market analysis. If you are losing more than you are gaining, you may need to review your trading plan and learn from your mistakes.

I know it can be detrimental, but everyone has different emotions. in terms of trading, it may be related to the trader's own experience in the market which can help the trader make a wise decision. but for someone new to trading, it is not forbidden to act on emotions. but they must learn to control their emotions. and everything certainly requires different time and understanding for each trader.

One should never act on emotion as it leads to instability and loss in everything. Especially those who want to trade cryptocurrencies with emotion face a lot of losses. To do so, you must understand and acquire special skills to trade later. Success is never achieved with passion. To achieve success, one must have the ability to be patient with confidence. But in the future it is possible to move forward in everything who can control emotions.

Yes exactly if a person  regularly wins so they loss their fear of losing so in this way they try to put whole money which sometimes becomes risky for him so I think that whenever a person achieve the desire success so don't change your rules always put less money and if you have certain amount of profit then take the profit and remaining amount will be better for you to keep for longer time also don't be excited for your success because excitation is also a type of emotions which should be kept in control.

The two don't go together perfectly for one to become a good and successful trader he must learn to remove emotions from trading.One should focus on gaining more knowledge about trading,making a good trading plan and sticking to some certain rules and regulations to maintain consistency and make some good profits from the market.

When you attach your emotions to trading it affects your decision making, sometimes it can be helpful but bringing emotion into trading is a bad idea. Every trader is different in their own ways, to keep emotion in check can be difficult, formulate your trading strategy based on your needs and market knowledge.

Basic analysis is very important,  lose can occur always when one lacks Basic analysis and this will result to become emotional. Emotions are always certain in the human nature and their is no way one keeps losing in trading that their won't be any emotional feeling. Learning more, having good trading strategies and analysis is the solution of not  to be emotional in trading.  Constant lose is the reason for Emotions in trading and  the only way one can get rid of it is to get more knowledge about trading.

     Online trading can evoke a range of emotions, which can significantly impact a trader's decision-making process and overall trading outcomes. Some common emotions experienced during online trading include:

     Greed: Greed can arise when traders become overly focused on maximizing profits and taking excessive risks. It may lead to impulsive trading decisions, disregarding
  proper risk management practices.

    Fear: Fear often emerges when traders worry about potential losses or market volatility. It can cause hesitation in entering or exiting trades and may result in missed
  opportunities or holding onto losing positions for too long.

   Overconfidence: Success in a few trades can lead to overconfidence, where traders start believing they have superior skills or abilities to consistently make profitable trades.
  This overestimation can lead to taking on higher risks or neglecting proper analysis and risk management.

    Frustration and Impatience: Frustration and impatience may arise when trades do not go as planned or when market conditions are not favorable. Traders may feel the urge
  to make impulsive decisions to recover losses quickly or force trades in unfavorable situations.

     Regret: Regret occurs when traders dwell on past trading decisions, particularly after incurring losses. It can lead to emotional biases, such as revenge trading, where
   traders seek to recoup losses by taking on higher risks.

    Anxiety: Anxiety can be a common emotion, especially for new or inexperienced traders. The uncertainty and unpredictability of the market can create feelings of unease
  and worry.

   Managing emotions in online trading is crucial for making rational decisions.

the most dominant thing to determine trading success is psychological, and techniques can be learned in a few months maybe, it is different with psychology, where no matter how good the technique is if it is not balanced with emotional stability then the strategy cannot work. and emotional can be trained by seeking experience in trading, usually done in stages, we sometimes often make mistakes that have been made before, even though we actually know it is wrong

If you are a type of person who is really that emotionally impulsive then you would really be needing to deal with it up first before you would be diving more on crypto trading because you would be mainly be facing up
a market which is really that extremely volatile and unpredictable. We cant really be able to handle out such condition but well everything could be acquired with real experience if we do talk about learning and emotional improvement.

We wont learn if we dont experience and this is the usual stuff that we should really be with. Emotion would really play a huge role and could really affect your efficiency on trading and this is why its really that
important that you should be sensible on regarding about handling it and having the control because if not then you would really be seeing this as a big problem. You wouldnt really be finding yourself
to be that sustainable or you could really survive on this unpredictable market.You would be needing to survive and able to handle it if you are really that persevered on surviving this out.

I believe that even if you are free of greed and have control of your emotions, if you do not have the fundamental knowledge of trading, you are still doing nothing because I believe that in order to be a successful trader, you must be knowledgeable about trading and trading strategies, so if you have been free of greed or have control of your emotions and you still trade and lose, you still need to go back and learn more about trading and the technical side of trading.
Because of this, I think a trader who is losing money in his trading business will only stay in the market for a short time because he will become discouraged and believe there is no money in it, not realizing that he needs to learn more about it.