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Topic: Emotional day trading - page 3. (Read 2243 times)

hero member
Activity: 938
Merit: 500
October 12, 2018, 01:15:59 PM
I prefer to buy coins only on those exchanges where there is a stop loss function. For example, Binans Bitrex Bitphinex. This will save your deposit from strong drawdowns and save your nerves.
full member
Activity: 518
Merit: 100
October 12, 2018, 12:59:30 PM
If you know that you are an emotional person then you should not be day trading. if you allow emotions to cloud your judgement when you are trading coins then you are just going to end up making a whole lot of losses from the coins that you have. It is better to trade when you know that you are not biased, that way you will be making intelligent decisions only
copper member
Activity: 463
Merit: 251
October 11, 2018, 11:15:51 AM
Crypto exchanging along with knowledge linked to exchanging crypto along with fiat are generally considerably larger than your current thoughts. If you perform one additional buy and sell when compared with that you organized to perform anyone set out to tumble in the major abyss involving cutbacks. It can be highly recommended to visit your current goal collection for the certain morning but not enabling your current thoughts present you without.
member
Activity: 216
Merit: 13
October 07, 2018, 12:39:30 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.
Crypto trading, as well as knowledge related to trading crypto as well as fiat, are often considerably larger than the actual internal ideas. When you perform a person much more company when compared with a person genuinely made to achieve a person begin in order to leap to the large abyss concerning reduction. It may be beneficial to look at the actual specific set up to obtain a unique night instead of enabling the actual internal ideas to provide a person aside.
jr. member
Activity: 182
Merit: 1
EndChain - Complete Logistical Solution
October 07, 2018, 12:36:43 PM
if you want to make money on this market, you must turn off your emotions before entering the stock exchange, remember this
full member
Activity: 532
Merit: 165
October 07, 2018, 12:34:20 PM
The iron rule for traders is not to give in to emotions. Man is a herd creature. And in trading just need to learn to think against the herd. Then you will be more reserved and richer than others
full member
Activity: 588
Merit: 100
October 07, 2018, 12:30:12 PM
The only thing I want to say immediately about emotions, I think that this is said in every thread. The fact that the trader must be able to own with his emotions, because if he can not do this, then the majority of the deposit will be lost.
full member
Activity: 882
Merit: 101
October 07, 2018, 12:28:06 PM
right I have experienced things like that trading with emotions makes this big loss .this mistake experienced by many beginners. If already have experienced this everyone will not repeat again
jr. member
Activity: 110
Merit: 1
October 07, 2018, 12:02:07 PM
I agree, when a person is emotional, he is able to make rash actions, without thinking about the consequences, in the foreign exchange market so you can not do categorically.
sr. member
Activity: 511
Merit: 250
October 06, 2018, 09:50:50 AM
Yes, in any case, if you give vent to your emotions, you will lose, not only on the stock exchange, but also spiritually, emotionally.
because if we feel emotions that are high enough when trading is better to stop for a moment until the feeling of emotion has been lost because the trade when the emotion will make us unable to run smoothly
jr. member
Activity: 100
Merit: 1
October 06, 2018, 09:48:04 AM
In day trading it is necessary to strictly fulfill the strategic plan developed by you without emotion. Only in this way you will not lose your money. Trading depends on chart analysis. They lose their money in day trading because they sell their tokens at a loss.
full member
Activity: 271
Merit: 100
October 05, 2018, 04:08:54 PM
I try not to give in to emotions when I make operations with a crypt. Only technical analysis and the correct calculation can help to profitably buy and sell coins.
sr. member
Activity: 784
Merit: 250
October 05, 2018, 04:03:24 PM
By the time you started this topic, the market was really down. Not just down, but experiencing sharp falls. It's really difficult to to day trading with that kind of situation. Doing day trading, prices should be stable a bit, fluctuating but not sharp fall. It's really hard to recover a sharp fall.
member
Activity: 224
Merit: 10
diceroll.xyz
October 05, 2018, 03:54:07 PM
Day trading in the crypto it's not the easy work how we think. Over the day trading short term trading is more good. Sometimes I add the gambling also to recover loss in trading.  Grin High risk leads to high profit what I always prefer. Just prepare for the loss and chance of profit will increase.
jr. member
Activity: 112
Merit: 1
October 05, 2018, 03:47:06 PM
Totally agree, not to succumb to emotions otherwise all his savings to lose or not bring on the desired height of growth.
member
Activity: 924
Merit: 15
October 04, 2018, 09:56:34 PM
trading is one investment instrument that has a high level of risk, be it forex trading or altcoin trading, it is very dangerous if we involve emotions while trading, we will not think clearly
full member
Activity: 700
Merit: 101
BBOD Trading Platform
October 04, 2018, 09:36:08 PM
in doing anything emotional is not a good thing, especially in trading, when emotions control you in trading, then you will not be able to control your predictions in trading so with emotion usually a trader will experience a loss
full member
Activity: 686
Merit: 131
October 04, 2018, 09:25:22 PM
"Emotional day trading" ? Is that a thing? lol

I'm guessing you mean: you tried day trading and lost because you got caught up in greed and hype instead of running the numbers and facts?

Well, don't be so hard on yourself, day trading is not an easy thing at all.
Even if you have done a lot of research their is a skill that only comes through experience.

However, if you adapt and learn from your mistakes, day trading can turn into one of the most profitable ways to invest.
It certainly is the best way to increase capital in your portfolio.

Especially if trading volume is high, you can easily double the amount of btc or eth you have over the course of a couple days.
Of course, if volume is low, that's another story.
But stick with it and learn.  I think you will find profit there.
member
Activity: 378
Merit: 25
October 04, 2018, 09:08:26 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.

true, that is what makes the market up and down like crazy, those panic sellers and are just investing on a short term really just make the price gets worst, the dips are too big while the spikes barely visible, i guess that is the way this days, many users are going to short term investment. not good for the crypto community.
full member
Activity: 448
Merit: 100
October 04, 2018, 09:01:26 PM
Emotional day trading Huh Yes, it is very semi-formal because the altcoin has been rising for a long time, but it can go down drastically quickly, so if you want to sell, you can lose, but when it is sold, the price of Altcoin improves a little longer.
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