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Topic: Emotional day trading - page 12. (Read 2243 times)

member
Activity: 798
Merit: 14
August 04, 2018, 12:05:58 PM
Emotions are hurtful even when we apply it wrongly in real life it could ruin us. In crypto, survival only works when you throw your emotions away and trade through the market trends and market psychology. Emotions can get one and always gets one rekt.
hero member
Activity: 1820
Merit: 515
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August 04, 2018, 12:04:08 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.
Day trading is much riskier and there are chances to face huge losses over night and it is hard to control our emotions when the prices were falling so be a long term trader or the holder to have more returns.Do you know something day trading will not give much profits in long term,so don't try too hard for nothing.
newbie
Activity: 110
Merit: 0
August 04, 2018, 12:00:04 PM
If you can't control your emotions then it is better not to d otrading. Because to gain success in trading you need 20% knowledge and 80% emotion control ability
full member
Activity: 434
Merit: 100
August 04, 2018, 11:55:26 AM
It is a good thing that you reveal yourself as an example to warn the newbies in here. Day trading is already very risky and doing that with your emotions it most likely will end up losing all your money.
But i think if you want to be successful in day trading then you have to be a fantastic analyst and also very lucky with your timing, also you have to be glued to the screen constantly.
If you can make it successful, it is great, but intensive activities are not for me, gifts only require a little effort every day and will pay off after one month or more.
member
Activity: 168
Merit: 11
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August 04, 2018, 11:53:44 AM
It is a good thing that you reveal yourself as an example to warn the newbies in here. Day trading is already very risky and doing that with your emotions it most likely will end up losing all your money.
jr. member
Activity: 61
Merit: 1
August 04, 2018, 11:46:28 AM
Absolutely agree. Nothing can be traded on emotions. As with any exchange, it is important to wait and better calculate the time to make the most profitable transaction.
newbie
Activity: 56
Merit: 0
August 02, 2018, 07:16:58 PM
Stongly recommend Quickfingers Luc's video on how to take the emotion out of trading, with a focus on small account building, his YT channel is arguably one of the best resources on the web for new traders looking for good strategies.

https://www.youtube.com/watch?v=4V2ZMvZ6AZ8
newbie
Activity: 41
Merit: 0
August 02, 2018, 07:03:53 PM
a wonder such as this under these conditions will just leave the misfortune as it were. On the off chance that it is better ready to withstand and be tolerant for quite a while when keeping in mind the end goal to get greater outcomes. in a State that frequently falls like this would be exceptionally troublesome if just expectation in multi day as it were. require a ton of thought and investigation for this.
newbie
Activity: 19
Merit: 0
July 31, 2018, 08:21:11 AM
It has two faces. You can get in luckiness but you may loss in a bad day.
sr. member
Activity: 552
Merit: 250
July 31, 2018, 07:13:46 AM
That's the life day trading for the short term trading so that is why i didn't choose day trading because it is not profitable than we know not like for the long term you store it or you invest it for the long term and wait for the big rising of the value. Trading is for  those who are always monitoring and for those big investor because they know how to day trading and we know that they have tactics for that.
hero member
Activity: 2268
Merit: 588
You own the pen
July 31, 2018, 07:06:28 AM
That's how life goes bro sometimes your winning and sometimes you getting lost but don't give up remember storm don't last forever. and when you see that you are getting a little profit go for it and don't delay it who knows that you will fall again.
full member
Activity: 308
Merit: 100
July 31, 2018, 06:58:08 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.

That's why I prefer mid term trading and long term holding rather than day trading. It is difficult to look at the market without emotions, especially when it's falling. Hope you can recover your losses.
newbie
Activity: 132
Merit: 0
July 31, 2018, 06:54:13 AM
I feel sorry for your loss. I have had the same experience with you, but I am not as strong as you. I was very sad and drank 20 bottles of beer. The thing that is happy is that I am coming out now, I will be next time. Become smarter, don't make the same mistake again, I hope you too
sr. member
Activity: 895
Merit: 250
July 31, 2018, 06:53:14 AM
I also agree with you that you should not do day trading if you do not have the experience and knowledge of it because you will end up at loss moreover, running based on emotions is not good in crypto because you will make regretful decisions. No matter the condition of the market, try to take your time and reason on what step to take before and be sure it is the right step.
newbie
Activity: 102
Merit: 0
July 31, 2018, 06:48:54 AM
Emotional trading is very easy to make mistakes. I think the best deal is long-term investment, not daily trading.
Everyone has their own strategy. As long as you can make money, I think it can be.
newbie
Activity: 34
Merit: 0
July 31, 2018, 06:44:54 AM
I think in the event that you need to be fruitful at day exchanging then you should be both an awesome expert and furthermore truly fortunate with your timings, likewise you should be stuck to a screen continually. In the event that you can influence it to work then incredible however that concentrated action isn't for me, bounties require just a little day by day exertion a will pay off following multi month or somewhere in the vicinity.
newbie
Activity: 126
Merit: 0
July 29, 2018, 10:51:56 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.

That is way too dangerous. Don't base your investments and money in pure gut or feeling or emotion. If you do so you are bound to fail and will lose all your investments.
member
Activity: 221
Merit: 10
July 27, 2018, 03:01:29 AM
I also don't think you should do any emotional trading because it may cost you a lot of money. When you are emotional, most of the time you make the wrong decision, which is a terrible thing.
member
Activity: 294
Merit: 10
July 27, 2018, 02:53:54 AM
There is only two option in trading for success. One is some rules or basic or knowledge and others is self-control. Sure you can make a profit when deposit but can’t continue it.  It is totally impossible to make profit daily. If you select your target of profit or amount how much you can lose then you can control yourself. Otherwise, it is useless.
newbie
Activity: 40
Merit: 0
July 23, 2018, 10:12:14 PM
Day exchanging is sufficiently hard as it seems to be. A fraction of the time I can't do non-passionate day exchanging that awesome.
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