Topic: Emotional day trading (Read 2243 times)
All traders go through this because it’s the only way you gain experience and you begin to understand how to trade and how not to trade
Do not do emotional day trading.
I have lost nearly 1500$ over one night. we think this is the best coin for day trading seeing only the chart increment percentage. then thats emotional only , no statistical investigation or research. if you do not know day please avoid from it. its better.
I have lost nearly 1500$ over one night. we think this is the best coin for day trading seeing only the chart increment percentage. then thats emotional only , no statistical investigation or research. if you do not know day please avoid from it. its better.
I think the only time you can trade with no emotion is if you don't care whether you win or you loose. And it's difficult because we all need money. I guess we just have to be an informed trader. How I wish I'd stumble upon an easy basic guide that would give me basic idea, where top look at. signs to take note of blah blah blah. I know a couple of people who are good at this. Day trading is not for everyone.
too much money to disappear overnight, but that's the risk and if you can understand it then it's good because you won't think too much about these losses that will have a negative impact on your work, and indeed most people will be complacent with good graphics because graphics are indeed one of the things we need to see before choosing coins to buy but there are some things that are also important for us to investigate first so that later we can determine which coins fit our criteria
In such serious matters, emotions are not needed, but only a cold calculating mind and a sober look at what is happening are needed!
Don't get emotional on day trading because it won't help you in any sort of way, it's better that you learn from your mistakes to avoid any excruciating losses. Always do a thorough research before engaging on any day trading.
Sorry to hear that this happened. But as a treader you need to put the emotions away and look at the stats. If you are trading with emotions and panicking sometimes, it will bring you nowhere. Forget the past and move forward.
Crypto dealing in addition to ability interested in dealing crypto in addition to fiat usually are a lot bigger than one's sensations. After you start a sole far more deal in comparison with you will be thought out to try and do people continue to drop into your massive abyss connected with failures. It truly is wise that you follow ones to concentrate on fixed for just a unique time instead of making one's sensations supply you with absent.
Do not do emotional day trading.
I have lost nearly 1500$ over one night. we think this is the best coin for day trading seeing only the chart increment percentage. then thats emotional only , no statistical investigation or research. if you do not know day please avoid from it. its better.
It's hard to day trade i recommend to you to do long term investment, it's very risky on the day trading track. I have lost nearly 1500$ over one night. we think this is the best coin for day trading seeing only the chart increment percentage. then thats emotional only , no statistical investigation or research. if you do not know day please avoid from it. its better.
We must remember that if you experience bad emotions, it is better not to trade on this day, but to calm down and start trading on another day, when you can turn off your emotions, this is the most useful skill for successful trading.
It is always wise to trade professionally, that is base on statistical analysis, base on a detailed research about a project and not base on emotion or sentiment, As a trader ensure you are equipped with current and detailed news which will always help your strategic move as a trader.
Emotional trading is kind of trading strategy implement by expert in the global forex market which is now integrated into the cryptocurrency market. if you need to learn more about this kind of strategy to avoid further losses of your crypto asset . this is basically how your body react towards price action oscillate movement of crypto asset , you will need to control your anxiety and be patience for you to be successful using this strategy in trading.
Day trading is a very risky activity, it is better to start with small amounts and train, otherwise you risk losing all the money
Thanks for the advice. Wow, for me it's a very big value. Why are you so ambitious, you should not do that kind of thing with that much value. It looks like you are throwing money away. Trading without science like suicide. Must have good knowledge before trading. Stay excited bro.
That's what is called shitcoin, will you trust coins before you plan to last longer? Indeed, we are not aware of price reductions if we do not monitor the market continuously unless we set an alarm if there is a deep decline so we can minimize the losses we receive.
Not only you, I also experienced a greater loss of value and it made us a very valuable experience.
Not only you, I also experienced a greater loss of value and it made us a very valuable experience.
Probably emotion also plays an important key for being successful in trading. I feel so sorry to hear your big loss, but it’s not a big problem if you don’t make the same mistake twice. I think that you’d better learn from that mistake, stop complaining about this trouble and don’t focus on it too much because it may make you think negatively. You know, almost all people can’t avoid losing while they are trading. Be cautious, patient, don’t be too hurried. The way you can learn from mistake may be a precious experience for the next time.
Emotional trading never having a good outcomes, it mostly result a loss ending.
Being impatient person will turn into like these and they might regretting it after they sell their coins. We never condemn them of putting their trading life like that but as an advice, we must have to control our emotions to have a better result.
Being impatient person will turn into like these and they might regretting it after they sell their coins. We never condemn them of putting their trading life like that but as an advice, we must have to control our emotions to have a better result.
If you notice in more detail, you might not be trapped in losses like you are interested in the price of the coin going up, but you don't notice the previous graph history. Lots of people are deceived by prices that suddenly rise, but you have to know what pump and dump prices are to predict the prices that will be on the market. In my opinion, make your loss experience for future knowledge so that you are not trapped by price losses.
It's not necessary in trading because it can affect your decision making about earning money and maybe all your money will diminished in juat a few time .If you decide to trade make sure youre in a good mood and conditions at all time.
Emotions can make one to make bad decisions, trading is not child's play, it requires a lot of learning and emotional intelligence. Have had my own fair share of it and one of the trading tips teaches that in any case one loses about 5% of initial trade capital, One should exit trading for a while and go back to the drawing table
Day trading has it`s own risk and it is recommended only to experienced traders. You have to make quick decisions
and there are gains but losses as well doing day trading. Should not be greedy, trade only what you can afford to lose and you avoid headache.
and there are gains but losses as well doing day trading. Should not be greedy, trade only what you can afford to lose and you avoid headache.
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Emotions is something you should avoid in trading, because with emotions you are making wrong decisions which affect your deposit.
Don't trade under emotions!
Don't trade under emotions!
You will just be throwing your money away if you trade without a proper system or strategy in place. Emotional trading is what kills a lot of traders account and make them exit early from the scene.
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