Topic: Emotional day trading - page 16. (Read 2243 times)
lol definitely shouldn't be day trading if you can't control your emotions well. I used to be friends with a trader and he'd spent 1000s going to courses to learn how to control his emotions.
day trading is like what you said, emotionally draining, because you have so much to lose rather than the gains itself, furthermore if you use leverage for your position. For me it's better to just sit on my investment rather than day trading,
Sorry for your lose. However, may I know what coins did you trading off? PoS coin? P&D coins? top coins? I think it was a top coin since I think you are a professional trader which does day trading for small profits. Btw, thank you mate, because of you, today I learned if day trading was not a great idea especially if a big event coming and ended up in that day, where I bought and all in a coin for a day trading.
That is exactly what you shouldn't do in cryptocurrencies as a while and day trading especially.You better buy and hold them at least for days or weeks if you are emotional trader.
Totally agree, I've tried to trade with signals. Sometimes I was winning like 100$ from one trade, but one day I've lost like 500$ and I decided to go with ico market, it takes less time and sometes more profitable.
Bro, it really depends on which you which to hodl. Sometimes it pays to do day trading while sometimes it doesn't. I have lost over $500 because I refused to sell thinking it might still soar up until it depreciated to a point I could not sell again. Follow your instinct when it comes to trading.
That is exactly what you shouldn't do in cryptocurrencies as a while and day trading especially.You better buy and hold them at least for days or weeks if you are emotional trader.
Do not do emotional day trading.
I have lost nearly 1500$ 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.
whatever we will do based on that emotion all the results will be bad if that's what I think, let alone to trade day, so if you do not want to lose more, learn to be a trader who can control your emotions, and so traders should be patient and not too panicked in deciding something, all that will only make you always lose. 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.
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.
Of course, trading is a game of psychology, and we tend to make wrong decisions, as a result of previous wrong decisions. So I think emotions are more important than the charts. 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.
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.
yes indeed it is true, i have lost 500$ in fear of missing out upon its binance listing. now the coin is dumped and i have a paper loss of 500$ im stuck and i hate this feeling that i cant mobilize my portfolio to the fullest because of this emotional trading.
Day trading is always a high risk. We sometimes can think that we can earn a lot if we do day trading, but in reality it is very difficult to do. I would advise to avoid day trading.
I always say that, do not let your emotions to direct you to wrong way in your works. Emotion attitudes should always be the last resort, working as technically always leads to the best way.
You really have done that? Why? Why did you not take your time to investigate and do your own research? Is it hard? It would not take so much from your time! Trading which is based on your emotions lead traders to their loss. Even if you did your own research and asked for people's opinions? It still would be not enough for you to win. I hope you learned from your mistake and I hope you overcome it in the future.
Well, for starters, we always do emotional trading when you first invest in cryptocurrency. Day trading is for people who have more time to spend and see money more than the transaction fee they pose. For now, i dont wanna do day trade. I do long term trading.
I like intraday trading. But the main thing is to stop and fix the profit in time. I sometimes do not get it , I want to buy again. I think this is the main mistake. You need to make rules for yourself: if you lost, do not try to recoup. Turn off the computer and forget about trading for a few hours-days.
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.
Thanks for sharing your experience! $1,500 is a big loss and I presume you were dealing with at least $5,000 worth of altcoins during that day. Not everyone can afford playing with such amounts, most people don't have such money in the first place. So, maybe, losing $1,500 is not a big deal for you, but nevertheless I suggest you to trade with much smaller amounts. Thus you will be able to afford even a kind of an emotional day trading you are talkng about, which is hard to avoid at all times because nobody is immune to sudden emotions.
Do not do emotional day trading.
I have lost nearly 1500$ 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.
For me l not go in daily trading it is because its to risky just like what you did.For me daily trading is low percentage to gain a profit. You must learn your mistake.You must change your strategy for not loosing your money. 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 guess that by "emotional" you mean taking uninformed decisions based on your gut feeling that is very likely related to how is the digestion of your latest meal going on. That is not trading, is gambling.
in terms of trading should be super careful not to lose big, because if you do not know how to see the graph it is very fatal consequence, until now I rarely do the trading, because I still do not understand in trading.
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.
Actually it is a normal thing in the day trading and even the people who are expert in the statistical analysis can't predict the exact prices so it all depends on the luck of us.Dont get back because of single loss you can get more profits in the few days but as you said if you don't know anything just keep on holding. 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.
Yes, it is not good run on emotions in crypto because this can make you lose more rather than making profit and if you do not have very good knowledge of trading especially day trading, it is better for you to stay out of it or if you want to, you can do that with very little amount of token and not big amount rather than losing big in the process.
Jump to: