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Topic: Emotion and Trade? - page 5. (Read 1572 times)

sr. member
Activity: 1386
Merit: 406
May 15, 2023, 06:05:24 AM
What do you do with emotions where you are going to grow money by using money? Have you seen anything done with emotion so far? The more you control your emotions in business, the better your business will thrive. If you are ever upset about something or if you are under mental pressure please refrain from trading at that time. That's why I asked you to refrain because at that time you will not be able to take the right decision then emotions will work in you and the decision you take emotionally will be the wrong decision for your business. So it is better to avoid these emotions in business.
sr. member
Activity: 1008
Merit: 262
20BET - Premium Casino & Sportsbook
May 15, 2023, 05:56:36 AM
I guess for someone to call him or her self a trader you need to control your emotions right, now after having that emotion in control and other basic things a trader should know you have all under control and still loss more then getting profit.

*What else is required for such a person to control,is it still his or her emotions or what next?

*And what will be your advice to a person in that position or state and what kind of trader are you going to call such a person?
To be proficient in trading is basically not only a matter of mastering emotions (emotional management / trading psychology) but also need to be proficient in other analysis such as technical and fundamental. But now I also realize that it is experience that will bring us better results. Even with mental experiences we become more honed and stronger. So for people who are still experiencing losses after they have mastered emotions in trading, I think then they must be proficient in basic analysis such as technical and fundamental. and learn more from his own experience or the experience of others.
There are different ways we can control our emotions without much stress. Some of the ways is for us to work our our trading journal. Trading as different pattern and for us to learn and focus on what we are doing, we need to concentrate on our trading journal.
We can also work on our trading psychology so that we can be focus on the strategy we are using to get more from the market than just trading with multiple irrational signals that could ruin our trading career as a potential trader. Those that are good customers of the market in the aspect of Trading loses, they are the kind of people that do have these kind of trading challenges affecting there emotions.
sr. member
Activity: 980
Merit: 451
Wheel of Whales 🐳
May 15, 2023, 03:32:17 AM
I guess for someone to call him or her self a trader you need to control your emotions right, now after having that emotion in control and other basic things a trader should know you have all under control and still loss more then getting profit.

*What else is required for such a person to control,is it still his or her emotions or what next?

*And what will be your advice to a person in that position or state and what kind of trader are you going to call such a person?
To be proficient in trading is basically not only a matter of mastering emotions (emotional management / trading psychology) but also need to be proficient in other analysis such as technical and fundamental. But now I also realize that it is experience that will bring us better results. Even with mental experiences we become more honed and stronger. So for people who are still experiencing losses after they have mastered emotions in trading, I think then they must be proficient in basic analysis such as technical and fundamental. and learn more from his own experience or the experience of others.
full member
Activity: 2254
Merit: 188
Hire Bitcointalk Camp. Manager @ r7promotions.com
May 14, 2023, 11:17:23 PM
Quote from: Bushdark
For a new trader that just started trading in the market, emotion would always be the major challenge that will be faced with because of the market volatility that can make a trader to lose control of there confidence to trade consciously in the market.
Trading I'm the market has so many things we need to note so that we are not going to be left out being in the market getting confused by  the day even with those knowledge we might have acquired in our various trading classes that will aid us to be an comprehensive traders with the right tools to keep us going forward.

I believe, carry out personal research before trading will really help such traders to control their emotion in the market because it hard for potential traders to experience losses from their trading because they always conscious of their personal research to control their emotion at the moment. I think, those new traders will do everything possible within their power to put an end to that negative emotion that is causing them failure in the market, by trying to exercise patience whenever the price of Bitcoin started increasing in the market so that they will not miss their opportunity when the price hit higher in the future.
hero member
Activity: 2366
Merit: 594
May 14, 2023, 10:52:24 PM
Thats your strategy and the thing that you arent learning while you are losing , it should be per losses you'll able to know the reason why its a loss, why it goes the other way, reflect on it because it doesn't mean you win or loss in the entry you dont care at all , you should know where on your strategy makes it loss. Basically you just need to improve your strategy as well as understand what the market is giving you like if it is sideways and you strategy is on uptrend so really you'll be losing .
Perhaps, it was like capturing the errors and seeing where we become wrong. But of course, it was not just seeing our mistakes but also considering those things that we earn a profit from and seeing what ways we're doing. It is about comparing all the things we've done and the results as well. This will absolutely help us and give us ideas about what are the things we need to change and what are the things we need to sustain.
But above all, we must also learn how to adjust and correct our mistakes - if that is because of our emotions, then must have to carry them out and control them, otherwise, we can't expect success. 

You'll learn for sure in the long run to control your emotions. I mean, even when I am starting out to trade, I always have a hard time controlling my patience. Even if I have to follow my strategy based on my confirmation before making an entry, I sometimes take the trade because I am scared of missing out on more profit, but it turns out I lose because I didn't wait for other confirmations. Over time, when you learn from your losses, you'll be able to control them. Like now, I always follow my confirmation before hitting an entry.
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
May 13, 2023, 04:17:59 PM
Panic and anxiety all lead to dramatic decisions that we will later regret, so ita better to start developinggood trading mindset.

These twobare exatly bad enough to go tobtrading if we cannot control them. Panic plus anxiety will drive us to get hurry decision without good analysis and consideration. For me, if I am still having bad emotion control, easy to oanic and feel anxiety, I will nkt star trading. It is better to be able to manage ourself at first before going to trade. In my opinion, trading is not inly related to how good we are analysing the market, but also how good we are able to manage and control ourself, our emotion not to be panic and stress easily.
sr. member
Activity: 1288
Merit: 305
yes
May 13, 2023, 03:22:51 PM
But sometimes the mind is always filled with excessive levels of greed and panic, so that the emotions will not be stable. it also depends on how often you trade and how well we can control our emotions. It's not easy, but controlling your emotions requires good trading habits and knowledge, so there's no panic when the market falls. I also have unstable emotions, sometimes I panic, but I try to think more calmly so I can handle every emergency.
Panic and anxiety all lead to dramatic decisions that we will later regret, so ita better to start developinggood trading mindset. I've learnt to adjust to any horrifying market condition, it's to put comfort in the mind, I'm personally not doing any transaction that will toil with my emotions, because trading under pressure will only lead to huge losses in the market. Because the market is volatile, trading with emotions is extremely risky. Every aim is built on the foundation of the stable mind, and also apply good trading strategy that will yield profits at the end of every trade.
legendary
Activity: 2338
Merit: 1084
zknodes.org
May 13, 2023, 09:57:09 AM
If you trade with emotions, it is the same as you create opportunities to lose. Most traders crash at this point, not everyone can control their own emotions including me. But as a beginner, this is a natural thing, sometimes we need a process to introduce a field. It can be used as a lesson and reference so that this does not come a second time. As traders we are required to be able to control ourselves, requiring high concentration when analyzing the market, this is the same as if you have a company inside you, your body is the company, and your mind controls the way it goes.
But sometimes the mind is always filled with excessive levels of greed and panic, so that the emotions will not be stable. it also depends on how often you trade and how well we can control our emotions. It's not easy, but controlling your emotions requires good trading habits and knowledge, so there's no panic when the market falls. I also have unstable emotions, sometimes I panic, but I try to think more calmly so I can handle every emergency.
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
May 13, 2023, 07:35:12 AM
I guess for someone to call him or her self a trader you need to control your emotions right, now after having that emotion in control and other basic things a trader should know you have all under control and still loss more then getting profit.

*What else is required for such a person to control,is it still his or her emotions or what next?

*And what will be your advice to a person in that position or state and what kind of trader are you going to call such a person?
You can control your emotions but you don't have enough experience in trading that os maybe the reason why you still loss, it doesn't mean that if you can control your emotion you will already earn, it is normal to loss or earn in trading but if you always loss that means you are not lucky on trading so you can try another way like investing.
hero member
Activity: 616
Merit: 749
May 12, 2023, 11:54:28 PM
I guess for someone to call him or her self a trader you need to control your emotions right, now after having that emotion in control and other basic things a trader should know you have all under control and still loss more then getting profit.

*What else is required for such a person to control,is it still his or her emotions or what next?

There are so many things a trader needs to do before he can be a trader, emotions aren't the only thing to control. You also have to control your strategy as if you're using a wrong strategy, you'll keep losing money when trading. If I was in this situation, I'll change my strategy by trying other things to see if I can make profit form those strategies.

Emotions are the most important thing to control, you should recheck your knowledge on trading if you're always losing, maybe you didn't learn well and you need to go back to learn again because as a trader you shouldn't be losing or you won't last long trading in the market.
sr. member
Activity: 1484
Merit: 447
May 12, 2023, 04:58:19 PM
If you trade with emotions, it is the same as you create opportunities to lose. Most traders crash at this point, not everyone can control their own emotions including me. But as a beginner, this is a natural thing, sometimes we need a process to introduce a field. It can be used as a lesson and reference so that this does not come a second time. As traders we are required to be able to control ourselves, requiring high concentration when analyzing the market, this is the same as if you have a company inside you, your body is the company, and your mind controls the way it goes.
Indeed. Trade with emotion means having a bigger chance to lose. Emotion makes us hard to think wisely and properly, it leads us to be careless and hasty in deciding something. In this situation, no chance for us to gain profits, it is better to stop trading temporarily.

Sure, we must have good self-control. It is not only about trading, but we must have good self-control in any matter. We won't be wise to decide anything if we think with emotion.

hero member
Activity: 2996
Merit: 609
May 12, 2023, 02:19:00 PM
For a trader, an extremely important aspect is to be able to control oneself. Emotions are a rather difficult aspect that is not so easy to overcome. But it is important to understand that otherwise the result can be very noticeably disappointing.
To control emotions a trader has to be disciplined about his trading otherwise he will never be able to control his emotions. Trading is all about skill, no trader can be successful in trading unless he can build his trading skills.

I have understood from my trading experience that in order to succeed here, it is impossible without gaining trading knowledge and developing trading skills. So emotions have a big impact on trading results, a trader who can control his emotions at the right time can exit the market with good results from his trades.
Controlling emotion is really that very crucial if we do speak about trading yet this is really something that could really mixed things up along the way which is something that we wouldnt really tolerate
or would make it lose on the time that we are on trading sessions. Somewhat it would really be that not simple on having that kind of control because we know that we do have different
level or emotional tolerance and control on ourselves on different scenario.

Some could be able to do so without any problems and some couldnt really just be able to bare out that impulsive feeling that it might occur midway. Experience is the best thing that could really be
able to make things to be realized that emotion would really be something that could be controlled out on this case. If you are aware on how things works or behaves then you do have
already the idea on how to make yourself that behave or should really be doing and this is where you would be able to control those uncontrolled or influx of
emotions on the time that you dont have still that sufficient experience.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
May 10, 2023, 12:23:29 PM
For a trader, an extremely important aspect is to be able to control oneself. Emotions are a rather difficult aspect that is not so easy to overcome. But it is important to understand that otherwise the result can be very noticeably disappointing.
To control emotions a trader has to be disciplined about his trading otherwise he will never be able to control his emotions. Trading is all about skill, no trader can be successful in trading unless he can build his trading skills.

I have understood from my trading experience that in order to succeed here, it is impossible without gaining trading knowledge and developing trading skills. So emotions have a big impact on trading results, a trader who can control his emotions at the right time can exit the market with good results from his trades.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
May 10, 2023, 11:48:03 AM
For a trader, an extremely important aspect is to be able to control oneself. Emotions are a rather difficult aspect that is not so easy to overcome. But it is important to understand that otherwise the result can be very noticeably disappointing.
If you trade with emotions, it is the same as you create opportunities to lose. Most traders crash at this point, not everyone can control their own emotions including me. But as a beginner, this is a natural thing, sometimes we need a process to introduce a field. It can be used as a lesson and reference so that this does not come a second time. As traders we are required to be able to control ourselves, requiring high concentration when analyzing the market, this is the same as if you have a company inside you, your body is the company, and your mind controls the way it goes.
member
Activity: 938
Merit: 13
Tontogether | Save Smart & Win Big
May 10, 2023, 08:56:24 AM
I guess for someone to call him or her self a trader you need to control your emotions right, now after having that emotion in control and other basic things a trader should know you have all under control and still loss more then getting profit.

*What else is required for such a person to control,is it still his or her emotions or what next?

*And what will be your advice to a person in that position or state and what kind of trader are you going to call such a person?

In my opinion, in order to control their emotions, a trader needs an interesting lifestyle. 

In addition to trade, daily walks in the fresh air, trips to other countries, meetings with friends, sex with beautiful girls, attending music concerts and art exhibitions, dancing and meditation are necessary.  An interesting and vibrant lifestyle allows you to create new neural connections in the brain.  This enables the trader to use non-standard and effective trading mistakes, avoid strong trading stress and not make mistakes. 

In my opinion, trading should be organically integrated into the daily life of a trader.  This will be the key to successful and profitable trading in the cryptocurrency market.
It is a good practice to include a variety of interests and activities in your life to maintain balance and avoid focusing too narrowly on trading. But we should not forget that successful trading also requires strong skills in market analysis, risk management and financial discipline. An interesting lifestyle can help control emotions and reduce stress, but it's not the only factor in successful trading. Traders must also constantly learn and improve their skills, follow the news and market events and make informed decisions based on data analysis.
hero member
Activity: 2730
Merit: 632
May 09, 2023, 02:51:57 PM
I guess for someone to call him or her self a trader you need to control your emotions right, now after having that emotion in control and other basic things a trader should know you have all under control and still loss more then getting profit.

*What else is required for such a person to control,is it still his or her emotions or what next?

*And what will be your advice to a person in that position or state and what kind of trader are you going to call such a person?

In my opinion, in order to control their emotions, a trader needs an interesting lifestyle. 

In addition to trade, daily walks in the fresh air, trips to other countries, meetings with friends, sex with beautiful girls, attending music concerts and art exhibitions, dancing and meditation are necessary.  An interesting and vibrant lifestyle allows you to create new neural connections in the brain.  This enables the trader to use non-standard and effective trading mistakes, avoid strong trading stress and not make mistakes. 

In my opinion, trading should be organically integrated into the daily life of a trader.  This will be the key to successful and profitable trading in the cryptocurrency market.
If you are a swing or something like trend type kind of trader then you could be able to do such activities on which you could really be able to hang out and make yourself involved on some activities on which we know that it does really need an ample time for you to do so but if you are a type of trader specially scalpers and daytrades then for sure you wouldnt really be having that ample time on doing those activities
but its not really that bad on making yourself on at least taking a break considering that trading is really that somewhat too stressful.

I cant really be able to deny such thing which even myself did really come into a point on which im really that having a day which im always that irrirated just because my plans for that day didnt work and every
positions had been made is all losses or does have that different outcome.This is where emotion would kick in on which it do make you impulsive and ending up on making out some decisions which might
make the situations more getting worst.This is why you should really be that careful on taking actions on the time that impulsive emotions kicks in.
hero member
Activity: 3220
Merit: 636
DGbet.fun - Crypto Sportsbook
May 09, 2023, 02:17:05 PM
For a trader, an extremely important aspect is to be able to control oneself. Emotions are a rather difficult aspect that is not so easy to overcome. But it is important to understand that otherwise the result can be very noticeably disappointing.
Although we can control ourselves to the point how we want it to be.

When you're doing trades, yourself is also your enemy because it's uncertain to know the better results and you want what's best for you. But it's impossible to have that when you're doing such.

That's why you will set some price for you to sell those Bitcoin's for you to gain profit. You just don't let it catered by your emotion and every decision made should be done by you accordingly based on the market.
hero member
Activity: 1862
Merit: 601
The Martian Child
May 09, 2023, 08:53:16 AM
Controlling your emotion is one of the very important characteristics that a trader should have. But aside from this, if someone wants to become a successful trader, it needs to master or be familiar with the many indicators and be updated on the news. Being diligent in acquiring knowledge of the coins before trading them is also another factor since.

Being emotional in trading is a common problem I keep on hearing over the years. It's only easy to say to control our emotions but when we are already in the situation, it is hard to control. Maybe the level of the amount being traded is important in determining our emotions. I doubt we remain being emotional if we are only trading a very small fraction of our savings.
sr. member
Activity: 1008
Merit: 262
20BET - Premium Casino & Sportsbook
May 09, 2023, 07:37:30 AM
For a new trader that just started trading in the market, emotion would always be the major challenge that will be faced with because of the market volatility that can make a trader to lose control of there confidence to trade consciously in the market.
Trading I'm the market has so many things we need to note so that we are not going to be left out being in the market getting confused by  the day even with those knowledge we might have acquired in our various trading classes that will aid us to be an comprehensive traders with the right tools to keep us going forward.
sr. member
Activity: 1316
Merit: 356
May 09, 2023, 03:26:55 AM
What else is required for such a person to control,is it still his or her emotions or what next?
It's emotion that you have to control in trading and that is what I have seen to be fixed. It's very dangerous for a trader to let their emotions be on the top of their decisions. It can ruin your journey in trading as it will cause a lot of losses.

Quote
And what will be your advice to a person in that position or state and what kind of trader are you going to call such a person?
My only advice to a trader is never ever trade if your emotion is not stable. You should make sure that you're okay before you trade as it will help you to decide and execute effectively in trading.
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