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Topic: Emotional day trading - page 10. (Read 2228 times)

full member
Activity: 490
Merit: 100
August 16, 2018, 06:40:12 PM
If trading in the day will be harder for you to make a profit, the market is now in trouble. If you choose this trading method will be a big mistake for you, I should hold the coin. for a long time
Yes I agree, goal of trading is to make profit but day trading is not the only one way to make profit, make your loss as a lesson and try to do long term trading. Long term trading have a lower risk than day trading but you should buy a good coin that have a good potential for long term.
member
Activity: 328
Merit: 10
www.daxico.com
August 16, 2018, 06:13:07 PM
Unless you are some sort of experienced veteran day to day trading, then you are prone to loose money. Need to hold emotional intelligence and act diligently.
Not only veteran traders can make money from day trading but even a newbie with the knowledge and patience can be a good day trader if only he can put his emotions in check and focus on the market rather than what he feels.
hero member
Activity: 994
Merit: 513
August 16, 2018, 06:05:34 PM
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 think we've all been there. Luckily, I didn't have the money to put into, so my sleepless nights of watching one minute candles go up and down, waiting for the 2% profit to pull out of it were not as dangerous froma financial point of view – I didn't have (and still don't have) any illusions regarding my personal abilities.

But still, even without daytrading, emotions sometimes still get the better of me. Scaled in too soon, although I was quite sure that the bleeding wasn't done…
hero member
Activity: 1582
Merit: 523
August 16, 2018, 06:01:14 PM
This is most traders mistakes being emotional during trading. I've experience this kind of doings in trading too emotional that can't perform well. It can bring loses if we can't control our emotions and cannot think good in times of difficulty.
newbie
Activity: 196
Merit: 0
August 16, 2018, 05:55:40 PM
Sometimes is highly unfavourable is you sell on emotion because market is going down as this might cause you depression. Most people selling on emotion usually sell at loss.
newbie
Activity: 57
Merit: 0
August 16, 2018, 11:03:09 AM
If trading in the day will be harder for you to make a profit, the market is now in trouble. If you choose this trading method will be a big mistake for you, I should hold the coin. for a long time
jr. member
Activity: 63
Merit: 1
August 16, 2018, 09:03:13 AM
I agree completely. It is only necessary to approach transactions with a cold head, as the market basically behaves irrationally.
jr. member
Activity: 336
Merit: 2
ECOSTART
August 15, 2018, 10:38:09 PM
The emotion that is meant when the mood is bad or does the atmosphere want to get more profit?
Emotions in the trade to make people become angry in decision making. Overflowing emotions want to buy but less capital, so it's just sad. Seeing this will be a bit disappointed and emotional but still controlled.
sr. member
Activity: 602
Merit: 250
August 15, 2018, 10:27:27 PM
In my opinion, do not trade on emotional days. We need to be firmly rooted in the principle that business must be transparent and transparent. Once the transaction has taken you lose a large amount of money, emotional also do not help you get back.
member
Activity: 290
Merit: 10
August 15, 2018, 09:15:31 PM
Im sorry for your loss. Yes when trading emotions and gut feeling should not be use but instead research and study should be. Before trading you must find concrete proof that this coin can give you profit and not just because you feel like this coin is good. Always do your research and think rather than going with what you feel.
sr. member
Activity: 2422
Merit: 357
August 15, 2018, 09:04:36 PM
Psycholigically, do not make desicions if you are angry or stressed because most of the time, your decisions are gone wrong. The results of decision produced by hard feelings are not made by the brain rather by the heart and its not a good idea. Cryptocurrency requires strategic decision making to succeed. Gut feelings are second.
member
Activity: 364
Merit: 10
August 15, 2018, 08:00:17 PM
thats nothing. I lost 15k overnight. Some people lost 100k overnight. This is life in cryptocurrencies . But you can also see gains overnight by 100% . Its question are you trader or hodler. Best investment is for long time and you will win
newbie
Activity: 110
Merit: 0
August 15, 2018, 07:37:26 PM
Yes, I agree. Cryptocurrency trading is a way of earning, where emotions will only interfere. We need to calmly, thoughtfully approach the matter. Do not rejoice too first successes and do not panic at failures. Clear, measured and thoughtful steps. Otherwise, you can go into minus. Obviously, it is necessary to fight emotions.
full member
Activity: 446
Merit: 100
The Protocol for the Audience Economy
August 13, 2018, 10:20:56 AM
Of course trading within the day is very risky. But if you do it right you can make a very good profit. Although I prefer long-term investment.
full member
Activity: 364
Merit: 100
August 13, 2018, 08:04:30 AM
In trading, emotions can only reduce profits. I think that the cryptocurrency world is still very young for intraday trading. In my opinion, the cryptocurrency has a very high volatility and therefore high risks of losing their money. Cryptocurrency intraday trading will be possible in the future when the market becomes more predictable and stable.
newbie
Activity: 103
Merit: 0
August 12, 2018, 11:50:54 AM
Do not be emotional in the cryptocurrency world because it will add to something bad that has happened. I am sorry for the loss you experienced. But try to be more patient and try it if everything goes normally without emotion.
sr. member
Activity: 1512
Merit: 326
August 12, 2018, 11:50:06 AM
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.

In trading is not just a strategy. the decision to do buy or sell and mental actions must also be healthy and clear. losing 1500 in an instant is the big mistake. the fact is that to get a profit in nominal terms is also not so easy. realistically with the market and also continue to add the best road assets to add value or make the value assets remain the same. good luck
member
Activity: 728
Merit: 12
August 12, 2018, 11:45:27 AM
I think that having an emotional trading will always give us bad sell consideration. In day-trading or crypto trading, what we must do are: patience, strategy, smart decision in the right time, and the analysis. Utilizing the moment is also very useful, but never be emotional. Once more, be patient and calm and wise.
member
Activity: 168
Merit: 10
August 12, 2018, 10:56:16 AM
I think that traditional traders are simply shocked by the world of crypto-currency and how it can be earned quickly and almost easily.
newbie
Activity: 37
Merit: 0
August 12, 2018, 06:10:30 AM
in the event that I think day by day exchanging requires a considerable measure of ability to show signs of improvement benefit to get greater benefit, however in the event that we can not beat the feeling that we have, at that point I propose to do day by day exchanging. So holding long haul is a decent method to produce a superior benefit for our future.
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